Lactose-Free Butter Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Aug 2022 Pages: 129 SKU: IRTNTR74139

The lactose-free butter market share is expected to increase by USD 111.14 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.54%.

This lactose-free butter market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers lactose-free butter market segmentation by application (household and commercial) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The lactose-free butter market report also offers information on several market vendors, including Arla Foods amba, California Dairies Inc., Cargill Inc., Chr Hansen Holding AS, Conagra Brands Inc., Corbion NV, General Mills Inc., Ingredion Inc., International Flavors and Fragrances Inc, Johnson and Johnson, Kellogg Co., Kerry Group Plc, Miyokos Creamery, Morrison Supermarkets Ltd., Redwood Hill Farm, and Creamery Inc., The Hain Celestial Group Inc., Uelzena eG, Upfield B.V, and Valio Ltd among others.

What will the Lactose-Free Butter Market Size be During the Forecast Period?

Download Report Sample to Unlock the Lactose-Free Butter Market Size for the Forecast Period and Other Important Statistics

 

Lactose-Free Butter Market: Key Drivers, Trends, and Challenges

The growing awareness of lactose-intolerant conditions is notably driving the lactose-free butter market growth, although factors such as limited awareness and high prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the lactose-free butter market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lactose-Free Butter Market Driver

Growing awareness of lactose-intolerant conditions is one of the major drivers impacting the lactose-free butter market growth. The symptoms of lactose intolerance include pain, cramps, abdominal bloating, and diarrhea. Currently, a large part of the global population (nearly 65%-70%) identifies itself as lactose intolerant to varying degrees. The increasing prevalence of lactose intolerance among people across the world has adversely affected the sales of dairy products. The high prevalence of lactose intolerance in countries such as China, Japan, Turkey, and the US, as well as increasing awareness of lactose-intolerant conditions, present huge opportunities for vendors to tap into the huge market potential. For instance, 60%-65% of the population in India was lactose intolerant in 2020. Thus, growing awareness about lactose intolerance and the growing number of people with lactose intolerance will spur the demand for lactose-free butter, which, in turn, will propel the growth of the market focus during the forecast period.

Key Lactose-Free Butter Market Trend

An increasing number of organized retailing outlets worldwide is one of the major trends influencing the lactose-free butter market growth. Organized retailing has grown worldwide with the establishment of convenience stores, supermarkets, hypermarkets, and specialty stores. Fresh and ready-to-consume packaged lactose-free butter varieties are primarily sold by large, organized retailers. Vendors are highly dependent on large, organized retailers for the efficient distribution and marketing of their products. Organized retailing outlets such as convenience stores, supermarkets, and hypermarkets that offer packaged lactose-free butter across the world have made it easier for new entrants in the market in focus to find suitable distribution channels to sell and increase the market visibility of their products. Some of the globally recognized organized retailing chains selling lactose-free butter are Walmart, Meijer, Inc., Carrefour, The Kroger Co., ALDI, Waitrose and Partners, J Sainsbury plc, Future Group, and Morrisons Ltd. Supermarkets are major distribution channel, which makes lactose-free butter and other products easily accessible to consumers. Given the rise in the urban population worldwide, the demand for such supermarkets is also growing.

Key Lactose-Free Butter Market Challenge

Limited awareness and high price is one of the major challenges impeding the lactose-free butter market growth. The price per pound (lb.) of lactose-free butter varies greatly, depending on the brands offering it, and is nearly 1.5-2 times the prices of the same quantity of conventionally processed butter. For instance, the price of lactose-free butter in India is approximately $3.5, while the price of conventional butter is only $0.51. Although the global lactose-free butter market is growing, the awareness of lactose-free butter is very limited among consumers, especially in South America, Southeast Asia, MEA, and Eastern Europe. Therefore, the lactose-free butter market in these regions is highly underdeveloped, with negligible penetration. This is a major concern for market vendors as these regions collectively account for over two-thirds of the global population. Thus, such factors will hinder the growth of the global lactose-free butter market during the forecast period.

This lactose-free butter market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global lactose-free butter market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the lactose-free butter market during the forecast period.

Who are the Major Lactose-Free Butter Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Arla Foods amba
  • California Dairies Inc.
  • Cargill Inc.
  • Chr Hansen Holding AS
  • Conagra Brands Inc.
  • Corbion NV
  • General Mills Inc.
  • Ingredion Inc.
  • International Flavors and Fragrances Inc
  • Johnson and Johnson
  • Kellogg Co.
  • Kerry Group Plc
  • Miyokos Creamery
  • Morrison Supermarkets Ltd.
  • Redwood Hill Farm and Creamery Inc.
  • The Hain Celestial Group Inc.
  • Uelzena eG
  • Upfield B.V
  • Valio Ltd

 

This statistical study of the lactose-free butter market encompasses successful business strategies deployed by the key vendors. The lactose-free butter market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The lactose-free butter market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Lactose-Free Butter Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the lactose-free butter market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Lactose-Free Butter Market?

For more insights on the market share of various regions Request PDF Sample now!

36% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the lactose-free butter market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The growing number of people with lactose intolerance in the region will facilitate the lactose-free butter market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic adversely affected the economies of various countries in North America. Governments of countries such as the US, Canada, and Mexico imposed stringent COVID-19-related restrictions, such as nationwide lockdowns and stay-at-home regulations, which resulted in the temporary closure of various industries, including those manufacturing lactose-free butter.

What are the Revenue-generating Application Segments in the Lactose-Free Butter Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The lactose-free butter market share growth in the household segment will be significant during the forecast period. The household was the largest segment of the global lactose-free butter market in 2021, and it will continue to remain the largest segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the lactose-free butter market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Lactose-Free Butter Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.54%

Market growth 2022-2026

$ 111.14 million

Market structure

Fragmented

YoY growth (%)

7.45

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key consumer countries

US, Canada, India, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Arla Foods amba, California Dairies Inc., Cargill Inc., Chr Hansen Holding AS, Conagra Brands Inc., Corbion NV, General Mills Inc., Ingredion Inc., International Flavors and Fragrances Inc, Johnson and Johnson, Kellogg Co., Kerry Group Plc, Miyokos Creamery, Morrison Supermarkets Ltd., Redwood Hill Farm and Creamery Inc., The Hain Celestial Group Inc., Uelzena eG, Upfield B.V, and Valio Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Lactose-Free Butter Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive lactose-free butter market growth during the next five years
  • Precise estimation of the lactose-free butter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the lactose-free butter industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of lactose-free butter market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Household - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Household - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Household - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Household - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Household - Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Arla Foods amba
              • Exhibit 89: Arla Foods amba - Overview
              • Exhibit 90: Arla Foods amba - Product / Service
              • Exhibit 91: Arla Foods amba - Key offerings
            • 10.4 Cargill Inc.
              • Exhibit 92: Cargill Inc. - Overview
              • Exhibit 93: Cargill Inc. - Product / Service
              • Exhibit 94: Cargill Inc. - Key news
              • Exhibit 95: Cargill Inc. - Key offerings
            • 10.5 Chr Hansen Holding AS
              • Exhibit 96: Chr Hansen Holding AS - Overview
              • Exhibit 97: Chr Hansen Holding AS - Business segments
              • Exhibit 98: Chr Hansen Holding AS - Key news
              • Exhibit 99: Chr Hansen Holding AS - Key offerings
              • Exhibit 100: Chr Hansen Holding AS - Segment focus
            • 10.6 Corbion NV
              • Exhibit 101: Corbion NV - Overview
              • Exhibit 102: Corbion NV - Business segments
              • Exhibit 103: Corbion NV - Key news
              • Exhibit 104: Corbion NV - Key offerings
              • Exhibit 105: Corbion NV - Segment focus
            • 10.7 General Mills Inc.
              • Exhibit 106: General Mills Inc. - Overview
              • Exhibit 107: General Mills Inc. - Business segments
              • Exhibit 108: General Mills Inc. - Key news
              • Exhibit 109: General Mills Inc. - Key offerings
              • Exhibit 110: General Mills Inc. - Segment focus
            • 10.8 Ingredion Inc.
              • Exhibit 111: Ingredion Inc. - Overview
              • Exhibit 112: Ingredion Inc. - Business segments
              • Exhibit 113: Ingredion Inc. - Key news
              • Exhibit 114: Ingredion Inc. - Key offerings
              • Exhibit 115: Ingredion Inc. - Segment focus
            • 10.9 International Flavors and Fragrances Inc
              • Exhibit 116: International Flavors and Fragrances Inc - Overview
              • Exhibit 117: International Flavors and Fragrances Inc - Business segments
              • Exhibit 118: International Flavors and Fragrances Inc - Key news
              • Exhibit 119: International Flavors and Fragrances Inc - Key offerings
              • Exhibit 120: International Flavors and Fragrances Inc - Segment focus
            • 10.10 Kellogg Co.
              • Exhibit 121: Kellogg Co. - Overview
              • Exhibit 122: Kellogg Co. - Business segments
              • Exhibit 123: Kellogg Co. - Key news
              • Exhibit 124: Kellogg Co. - Key offerings
              • Exhibit 125: Kellogg Co. - Segment focus
            • 10.11 Kerry Group Plc
              • Exhibit 126: Kerry Group Plc - Overview
              • Exhibit 127: Kerry Group Plc - Business segments
              • Exhibit 128: Kerry Group Plc - Key offerings
              • Exhibit 129: Kerry Group Plc - Segment focus
            • 10.12 The Hain Celestial Group Inc.
              • Exhibit 130: The Hain Celestial Group Inc. - Overview
              • Exhibit 131: The Hain Celestial Group Inc. - Business segments
              • Exhibit 132: The Hain Celestial Group Inc. - Key news
              • Exhibit 133: The Hain Celestial Group Inc. - Key offerings
              • Exhibit 134: The Hain Celestial Group Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 135: Inclusions checklist
                • Exhibit 136: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 137: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 138: Research methodology
                • Exhibit 139: Validation techniques employed for market sizing
                • Exhibit 140: Information sources
              • 11.5 List of abbreviations
                • Exhibit 141: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                PURCHASE FULL REPORT OF

                lactose-free butter market

                QUICK BUY

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

                Why should you prefer Technavio's market insights report?

                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis