Increasing Adoption of Longer Working Hours in the Chinese Companies is Escalating the Growth of the China Energy Drink market

 China Energy Drink market is experiencing robust growth on account of growing discretionary income of the people, increasing adoption of longer working hours in the Chinese companies and rising popularity of energy drinks among youngsters as it helps them stay awake and letting them to concentrate on studying. Furthermore, robust urbanization, snowballing awareness amongst people regarding organic and natural energy drink, fast-changing lifestyle of customer along with burgeoning initiative taken by the key player in order to have improvise distribution infrastructure and escalating consumer spending on food and beverage products are projected to promulgate the demand for energy drinks in the forecast period. The demand 

Based on Target Customer, Adults dominated the China energy drink market in 2019. The growth of the segment is attributed to growing awareness amongst consumer regarding health and diet supplements, rising working class populace, changing lifestyle, boost in the consumption of organic and natural energy drink. However, teenager segment is also gaining pace at a faster rate due to rising popularity of energy drinks among the teenage.

Based on Product Type, Non-Alcoholic acquired the majority market share in China energy drink market in 2019 due to introduction of national industrial policy which would attract domestic investment in energy drinks industry and also stimulated the development of high-tech products. Natural Segment is expected to grow at the fastest rate in the forecasted period as Chinese consumer are preferring energy drinks that are made with natural ingredients such as green coffee bean extract, ginseng and vitamins, electrolytes, and natural caffeine from guarana etc. 

The key players with a considerable market share in the China Energy Drink market are Red Bull, Monster Energy Company, Taisho Pharmaceutical California, Inc., Daly Foods Group, Hangzhou Wahaha Group Co. Ltd., Coca-Cola, PepsiCo., Southland Trade Company Ltd., Otsuka Pharmaceutical etc.

 

Surging Investment in the Fields of Nanotechnology is Burgeoning the Growth of Global Smart Nanomaterial Market

 The Global Smart Nanomaterial market is growing at high rate owing to the factors such as wide utilization of automotive, paints, and consumer goods, surging investment in the fields of nanotechnology and rising popularity of nanomaterials in various application industries. Smart nanomaterial is also actively used in pharmaceutical industry for drug delivery, and self-healing materials for coatings. 

Based on End-user, Pharmaceutical acquired the considerable market share in the Global Smart Nanomaterial market in 2019. Nanomaterial is widely deployed for the development of drug products due to its exceptional thermal, electronic, optical, and mechanical properties. Furthermore, rising spending by the government towards R&D activities for innovation and advancements in nanotechnology. Thus, this led to the development of therapeutic drugs, self-healing diagnostics, drug discovery and pharmaceutical formulation for the treatment of diseases such as cancer, HIV, hepatitis, coronary heart diseases etc. Moreover, rising collaboration among the pharmaceutical companies for the development of nanotechnology is propelling the growth of the market.

North America captured the majority market share in 2019. United States dominated the North America market and is expected to maintain its dominance by 2025 on account of heavy investment are being by the government in the fields of nanotechnology and presence of giant market player in the country. Therefore, the growth of smart nanomaterials is increasing in the North America region.

The key players with a considerable market share in the Global Smart Nanomaterial market include Abbott, Akzo Nobel N.V, BASF SE, Bayer AG, Clariant, Nanogate, Donaldson Company, JM Material Technology, Inc, NanoBeauty, Nanologica, etc.   

Launch of Energy Efficient Pneumatic Power Tools is Accelerating the Growth of Global Pneumatic Tools market

 The Global Pneumatic Tools market is witnessing an astronomical growth owing to the factors such as rising demand in manufacturing & automotive industry, increasing adoption of pneumatic tools in industries such as construction, energy, aerospace, and introduction innovative energy efficient pneumatic power tools. Moreover, burgeoning use for wireless tools for household activities, snowballing investment in the construction and infrastructural development activities, coupled with launch of energy efficient pneumatic power tools and escalating application in automotive industry are some of the factors proliferating the growth of the market in the forecasted period.

Based on End-User, Non-residential segment acquired the majority market share in the Global Pneumatic market in 2019. This is due to strong growth in automotive sector, boost in the construction activities in the emerging countries and burgeoning use of the tools in several industries such as aerospace. Moreover, the residential sector is projected to grow at a robust rate over the forthcoming timeline owing to the increasing demand for pneumatic tools for household and DIY activities by the consumers.

North America accounted for the considerable share of the global pneumatic tools market in 2019. The US dominated the North America segment on account of launch of cordless pneumatic tools like wireless screwdriver, growth in manufacturing industry and burgeoning demand for commercial and passenger vehicle due to growth in consumer spending. Besides this, rapid industrialization and urbanization and snowballing growth in sectors such as construction, oil & gas are placing a positive impact towards the growth of the market.

The key players with a considerable market share in the Global Pneumatic Tools market are Stanley Black & Decker, Bosch, Techtronic Industries (TTI), Makita, Hilti, Atlas Copco, APEX Tool Group, Ingersoll-Rand, Snap-On, Koki Holdings etc.

 

Growing Popularity of Inhalers is Propelling the Growth of the Global Nasal Drug Delivery Mode market

 The rising number of asthma and rhinitis patients globally, increasing air pollution along with rising consumption of tobacco smoke and escalating approval of the government bodies on nasal drug are some of the factor driving the growth of Global nasal drug delivery mode market. Besides these, growing popularity of inhalers, snowballing research and development by the market players and burgeoning practices of self-administration are placing a significant impact on the growth of the nasal drug delivery market. Moreover, the outbreak COVID-19 has a positive impact on the market as the virus has surged the concern of people with asthma or rhinitis as these are likely to get SARS-CoV-2 as the virus attacks the lungs and can trigger asthma symptoms like wheezing, chest tightness and difficulty breathing. Thus, to overcome this issue the demand for nasal drug is proliferating which is expected to accelerate the market growth of nasal drug delivery mode.

Based on Dosage Form, Spray segment grabbed the majority market share in 2019. The growth of the segment is attributed to considerable rise in the number of patients suffering from chronic rhinitis, the introduction of new products in the nasal spray for easy administration, and surging adoption of self-administration practice are expected to fuel the demand for nasal sprays in the coming years.

Asia-Pacific is expected to attain highest CAGR by 2025. This is due to rising consumption of tobacco in the countries such as China, India, increasing air pollution and escalating investment in research & development activities. Moreover, growing prevalence of chronic diseases in peoples such as asthma and rising self-administration amongst individual and burgeoning awareness about the eco-friendly inhaler are strongly contributing to the growth of the market.

The key players with a considerable market share in the Global Nasal Drug Delivery Mode market are Merck & Co., Inc., GlaxoSmithKline Plc, AstraZeneca, Johnson & Johnson Services Inc., Mystic Pharmaceuticals, Bausch Health, BD, 3M, AptarGroup, Inc., OptiNose US, Inc., Dr. Reddy’s Laboratories Ltd., Flo Nasal Products, Cadila Pharmaceuticals, PendoPharm Inc, Neurelis, Inc.

Rise in the Global Mental Health Issue is Proliferating the Growth of Global Mental Health App

The mental health state is considered and refers to our cognitive behavior and emotional well-being and how the person is feeling, behaving, and thinking. Besides this, COVID-19 has placed a positive impact on the growth of the mental health app market as the majority of the people have lost their job due to the pandemic which harmed people’s mental health. In the U.S., around 4 million mental wellness apps were downloaded in April 2020.

Burgeoning stress levels and consumption of alcohol also contribute to the situation of mental health. According to the National Survey on Drug and Health (NSDUH), around 14.4 million aged 18 years and above in the US experienced Alcohol Disorder in 2018 in which around 9.2 million were men and 5.3 million were women. 

Also, mounting awareness among individuals regarding the importance of mental health and the launch of several mental wellness apps is flourishing the growth of mental health apps globally. The surging number of smartphone users around the world and intensifying mental health issues globally are some other factors that contribute to the growth of the global mental health app market.

Another major growth factor of the mental market is that in some parts of the world the mental health is still considered taboo a getting treatment from a physiatrist and the fear associated with it restricts the individual to get treatment. Due to this the mental health app was launched to maintain the secrecy of the individual who wants to seek help. According to W.H.O, two-third of the individuals do not seek help and are affected. With the help of these apps, individuals can hide their identities and get treated. Moreover, to personally get connected with the doctor the individual can connect on a video call or audio call feature in the app which is expected to generate higher revenues.

The yearly based subscription offers various discounts as compared to monthly subscription which attracts large customer-based to go for the yearly subscription. However, the monthly subscription is costly as compared to yearly thus, the yearly segment would continue to grow in the forecast period. 

The leading market players of mental health app are 7 Cups, Addicaid, Calm, NOCD, Recovery Record, Savello, Happify Inc, Headspace, etc among others.