Increasing Exposure to Organic Foods and its Health Benefits to Set the Tone for Organic Baby Food Category in India
Published: Nov 2020
The Indian organic baby food market is expected to exhibit a strong CAGR of 12.8% during the forecast period (2020-2026). Increasing disposable income, growing economy, urbanization, and heavy investments in the retailing sector are some of the secondary factors contributing to the growth of the Indian organic baby food market.
Independent Outlets Running the Organic Niche in Europe
Published: Nov 2020
European organic baby food is estimated to record a healthy CAGR of 10.8% during the forecast period (2020-2026). The region has witnessed exceptional growth in the organic baby food niche, in recent times. The trend of organic consumption has been through independent outlets that have outpaced generic retail sales.
Increasing Awareness About Healthy Foods While Selecting Foods for their Babies to Drive the Asia-Pacific Organic Baby Food Market
Published: Nov 2020
Asia-Pacific organic baby food is estimated to witness a strong CAGR of 12.6% during the forecast period (2020-2026). Although being a niche category, organic baby food is gaining traction in the Asia-Pacific market. This growth is attributed to increasing awareness about the consumption of organic foods among consumers while selecting the right food for their babies.
Increasing Health Awareness Triggering the Demand for Organic Foods, Globally
Published: Nov 2020
The global organic baby food market is estimated to record a hefty CAGR of 11.8% during the forecast period (2020-2026). Certified organic products are those which have been produced, stored, processed, handled, and marketed following precise technical specifications (standards) and certified as "organic" by a certification body such as the Soil Association in the UK, the European Union, or the US Department of Agriculture.
Rising Implementation of E-prescription in Hospitals and Other Healthcare Services to Lead the Charge for Online Pharmacy Industry
Published: Nov 2020
The global online pharmacy market is estimated to record a substantial CAGR of 16.8% during the forecast period (2020-2026). The importance of pharmaceutical care is growing with the increase in the need and demand for self-medication. Self-care is gradually enhancing due to an increase in health awareness in the population in both developed as well as developing countries.
Rise DIY and Home Improvement Activities Leading the Charge for the Growth of the Hand Tools Industry in the US
Published: Nov 2020
The US hand tools market is estimated to exhibit a CAGR of 2.2% during the forecast period (2020-2026). The DIY and home improvement market in the country is significant and is expected to witness slow and steady growth due to the penetration of e-commerce websites, availability of large DIY stores in the country, increased household spending, and rising labor costs.
Major Industries Including Automobile and Aerospace Playing an Imperative Role in the Growth of the North American Hand Tools Market
Published: Nov 2020
The North American hand tools market is estimated to display a steady CAGR of 2.0% during the forecast period (2020-2026). North America is a dominating force in nearly all of the industries. The automobile industry in North America is extensively large with the presence of giants such as General Motors and Ford Motor. The role of power tools in the automobile industry is predominant in recent years due to its multiple and effective uses.
Rising DIY Trend and Growth in Construction Industry is Likely to Increase the Sales of Hand Tools in India
Published: Nov 2020
Indian hand tools is estimated to exhibit a sturdy CAGR of 3.8% during the forecast period (2020-2026). The nascent DIY trend, low awareness of cordless power tools, high demand for educational campaigns, and low dominance of power tools vendors are acting as a natural driver for the hand tools market in India.
Rising Infrastructural Developments and Investments in Construction Industry Concreting the Demand for Hand Tools in Europe
Published: Nov 2020
European hand tools market is estimated to record a CAGR of 2.1% during the forecast period (2020-2026). Europe was the third-largest market for hand tools in 2019 and accounted for a share of more than 20%. It is expected to remain one of the significant revenue contributors during the forecast period. This growth ensues from rising investments in the construction industry and infrastructural developments in other general industries.
Expansion of Retailing Space, Coupled with Growing Economy to Set the Tone for the Asia-Pacific Hand Tools Market
Published: Nov 2020
Asia-Pacific hand tools market is estimated to witness a strong CAGR of 3.5% during the forecast period (2020-2026). Asia-Pacific is set to be the dominant and influential economy across the globe. It consists of powerful nations such as Japan, China, India, South Korea, and Australia. The growth in the Asia-Pacific economy was estimated at 6% in 2019, however, the COVID-19 pandemic has severely damaged the economies of nearly all the countries in the region.