ReleaseWire Connect

Ready meals, baked goods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionery, cheese, yogurt, ice cream and non-alcoholic drinks are the major types of packaged foods marketed in the Asia-Pacific region. In terms of value, non-alcoholic drinks contribute to nearly 2/3rd of the packaged food market in APAC. The dominance of it can majorly be attributed to the increasing urban population leading to rising disposable income and changing lifestyle patterns. Moreover, the considerably increasing working population coupled with the inclination towards western culture, would further fuel the growth of the market in the region.

According to a new report published by Allied Market Research titled, Pest Control Market by Type, Pest Type, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the pest control market was valued at $15,982 million in 2016 and is projected to reach $23,187 million by 2023, growing at a CAGR of 5.4% from 2017 to 2023. North America is one of the prominent consumers of pest control and held nearly half of the total market in 2016.

According to a new report published by Allied Market Research, titled, "Offshore Wind Energy Market: Global Opportunity Analysis and Industry Forecast, 2017-2023," the offshore wind energy market was valued at $2,727 thousand in 2016, and is projected to reach at $11,334 thousand by 2023, growing at a CAGR of 19.4% from 2017 to 2023.

Europe Continuous Glucose Monitoring Systems Market Report, published by Allied Market Research, forecasts that the market was valued $58 million in 2015, and is expected to reach $792 million by 2022, supported by a CAGR of 44.9% during the forecast period 2016 - 2022. The sensors segment is anticipated to generate the highest revenue in this market during the forecast period.

According to a new report published by Allied Market Research, titled, "Fertilizer Additives Market by Type, Application, and Form: Global Opportunity Analysis and Industry Forecast, 2017-2023" the fertilizer additives market was valued at $3,170 million in 2016, and is projected to reach $3,741 million by 2023, growing at a CAGR of 2.3% from 2017 to 2023. The urea application segment accounted for maximum share of total market in 2016.

Conductive Coatings Market Report, published by Allied Market Research, projects that the global market was valued at $15,120 million in 2016, and is projected to reach at $24,360 million by 2023, growing at a CAGR of 6.8% from 2017 to 2023. The metal compounds segment accounted for approximately half of the share in the conductive coatings market in 2016, and is expected to maintain its lead throughout the forecast period.

Latin America, Middle East and African (LAMEA) Insulation Materials Market Report, published by Allied Market Research, forecast that the LAMEA Insulation Materials market is expected to reach $3,330 million by 2023, growing at a CAGR of 6.9%. Wires & cables application was the highest contributor in terms of revenue to the LAMEA insulation materials market in 2016. Brazil held the leading position in 2016, and is expected to lead in the forthcoming years, owing to the construction activities of various facilities for hosting Rio Olympics. Brazil is also expected to dominate the residential construction segment, as the country is expected to need 11.5 million new homes over the next seven years, which means it needs to build around 1.4 million homes per year, according to a study by the So Paulo Federation of Industries (FIESP), and the Brazilian Equipment and Maintenance Technology Association (Sobratema) in 2015.

In-Car Infotainment Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $33.8 billion by 2022, registering a CAGR of 13.3% during the period 2016-2022.

Social Media Analytics Market Report, published by Allied Market Research, forecasts that the global market was valued at $1,269 million in 2014 and is projected to reach $9,383 million by 2022, growing at a CAGR of 29.2% from 2016 to 2022. The retail sector segment dominated the total end-user market in 2014.

Fiber optic connectors are primarily used in the telecommunication sector. However, with the increasing need of high bandwidth services, applications such as high density networks, inter/intra building, security systems, and community antenna television also exhibit a large adoption of fiber optic connectors. The telecommunication application of fiber optic connectors is forecast to grow at a CAGR of 8.3% during 2015-2020.