Chemical Research

  The global dairy alternative market is estimated to be valued at US$ 27.0 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030. Dairy alternatives are plant-based beverages and food products that mimic dairy in various applications such as cheese, yogurt, creamers, and ice cream. They are usually derived from soy, almonds, coconuts, rice, and cashew. Dairy alternatives provide a solution to lactose intolerance and suit vegan lifestyles. The rising vegan population worldwide combined with growing awareness about the negative health impacts of dairy is boosting the demand for dairy alternative products. Key Takeaways Key players operating in the dairy alternative market are Danone North America Public Benefit Corporation (US), The Hain Celestial Group, Inc. (US), Blue Diamond Growers (US), SunOpta (Canada), and Sanitarium (New Zealand). Key opportunities in the market include new product development according to changing consumer preferences an...

  Dark chocolate is a food product made from cocoa beans, cocoa butter, sugar and optionally milk. It has a darker colour compared to milk and white chocolate owing to greater content of cocoa solids. Dark chocolate offers various health benefits due to high antioxidants content such as improving heart health, reducing stress and enhancing mood. The global dark chocolate market is estimated to be valued at US$ 144.71 billion in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the dark chocolate are Mars Inc., The Hershey Company, Nestlé S.A., Godiva, Amul, Lindt & Sprüngli AG, Ghirardelli Chocolate Co., Patchi, Harry & David Holdings, Inc., and Mondelez International. These players are focusing on new product launches, mergers and acquisitions to strengthen their market position. For instance, in 2021, Mars expanded its Snickers Dark line with two new varieties - Snickers Dark Almond and Snicke...

  The global acai berry market covers products derived from acai berries such as pulp, juice and dried berries. Acai berries are native to Central and South America and are known for their high antioxidant content. They are packed with vitamins, minerals, plant compounds and omega fatty acids that provide numerous health benefits such as reducing inflammation, enhancing heart health, aiding weight loss and improving skin health. The growing awareness about these advantages of acai berries and shifting consumer preference towards healthy and nutritious superfoods is driving the demand for acai berry products globally. The Global acai berry market is estimated to be valued at US$ 1.73 Bn in 2024 and is expected to exhibit a CAGR of 4.4% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the acai berry market are Sambazon Inc., The Berry Company Limited, Acai Roots, Inc., Organique Acai USA, Açaí Berry Foods. Sambazon Inc. is a leading producer and distribut...

  The global acid pickling roll market is highly dependent on the steel manufacturing industry. Acid pickling rolls are used in the pickling process in steel mills to descale or clean hot rolled steel sheets or coils by removing rust and scale formed during steel production. Rising steel production, capacity additions at steel mills, and growing spending on manufacturing equipment in developing nations are anticipated to boost demand for acid pickling rolls. The Global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the  acid pickling roll market  are Sandvik AB, Jindal Stainless Ltd., ArcelorMittal, Outokumpu Oyj, AK Steel Holding Corporation, Tata Steel Limited, POSCO, ThyssenKrupp AG, Tenova S.p.A., Andritz AG, CMI Industry Metals Inc., Fives Group, Unison Rolling Technology, Voestalpine AG, Nippon Steel & Sumitomo Meta...

  Advanced energy storage refers to technologies that can store electricity generated from renewable and clean energy sources, such as solar and wind for use when natural resources are scarce or the demand is high. These advanced energy storage technologies primarily include lithium-ion batteries, lead-acid batteries, flow batteries, and thermal storage systems. They help reduce intermittency issues associated with renewable energy sources by allowing the storage of energy generated during off-peak hours or when demand is low. The Global advanced energy storage market is estimated to be valued at US$ 16.9 billion in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period of 2024 to 2031. Key Takeaways Key players operating in the advanced energy storage are ABB Ltd., LG Chem, Ltd., Samsung SDI Co., Ltd, General Electric Company, and Tesla Inc. ABB Ltd. is one of the leading players in the advanced energy storage market and offers comprehensive energy storage solutio...

  A console table is a type of table that is long, thin in width, and usually placed against a wall or in an entryway to function as storage for keys, mail, or small decor items. Console tables are often used in living rooms and entryways to make decorative accents and provide functional storage solutions. The rising home renovation and remodeling activities along with growing spending power of middle-class households on home décor and furniture is driving the demand for console tables. The growing popularity of modern minimalist interior designing styles is also fueling the adoption of console tables as a storage and design element in living spaces. The Global Console Table Market is estimated to be valued at US$ 6.70 Bn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the Console Table market are IKEA, Ashley Furniture Industries, La-Z-Boy, Ethan Allen, Restoration Hardware (RH), Crate & Barrel, Po...

  The agrochemicals market is primarily engaged in manufacturing fertilizers and crop protection chemicals that are used widely in agricultural practices. Fertilizers help to enrich soil fertility and enhance crop yields while crop protection chemicals such as herbicides, insecticides and fungicides are used to protect crops from pests and diseases. The global agrochemicals industry has witnessed strong growth over the past few years owing to rising population and growing demand for food grains worldwide. Population growth has pushed global food demand considerably. With per capita agricultural land shrinking and arable land area remaining constant, increasing crop yields through the use of agrochemicals has become paramount. Fertilizers and crop protection chemicals play a vital role in maximizing agricultural output to meet rising food demand. Their application helps boost average yields per hectare and safeguards crops against catastrophic crop losses due to pests and diseases. ...