ReleaseWire Connect

A recent publication by Fact.MR titled "Coconut Oil Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022" elaborates on the oscillating landscape of the global coconut oil market. The coconut oil market has been witnessing rapid adoption across multiple industries such as foodservice, food processor, and personal care, backed by consistent reinforcement of benefits associated with its use. The dynamics of coconut oil market is anticipated to be continuously driven by various use cases, ranging from use in cosmeceuticals to inclusion in food products. These insights are extracted from new research study on coconut oil market by Fact.MR. As per the study, the demand for coconut oil is foreseen to proliferate at a value CAGR of 3.9% during the period of forecast, 2017-2022. Rising demand for coconut oil is poised to translate into significant market value worth US$ 3,141 Mn by the end of the assessment period.

Low awareness regarding benefits of clover leaf oil in improving overall health of consumers is expected to restrain the global market from expanding at an impressive pace. Fact.MR's report on the global clover leaf oil market projects that by the end of 2022, a little over US$ 528 Mn revenues will be procured from sales of clover leaf oil in the world, reflecting a moderate CAGR.

According to the recent report published by Fact.MR, the global market for citronella oil is expected to grow at a sluggish pace, procuring just over US$ 70 Mn value by the end of 2022. Lack of awareness regarding the benefits of citronella oil in aromatherapy is expected to curb the growth of global market. The market is also expected to witness restraints due to rising adoption of remedies substituting aromatherapy, which is lowering the demand for essential oils such as citronella oil.

The rising awareness of cardamom oil in several end use industries such as cosmetics, personal care, healthcare, food and beverages, etc., has increased the horizon of the adoption of cardamom, and thereby, influenced the growth of the cardamom oil market on a global basis. The emerging use of cardamom oil in pharmaceutical industry, in order to treat muscle spasms, muscle pulls, and other antiseptic and anti-microbial uses, is increasing, and hence, spurring the growth rate of the global cardamom oil market. The major producers of cardamom oils are present in India, Japan, China and few European regions. Europe and United States are considered more of a consumer type region where as countries in Asia Pacific are considered as producer type regions. Fact.MR's recent research study on cardamom oil market uncovers several aspects which influence the global cardamom oil market and reveals that the global cardamom oil market is expected to grow at a CAGR of 3.8% during the forecasted period of 2017-2022.

Fact.MR has compiled a market research study on the bergamot oil market that delivers compelling insights regarding the evolving global landscape. The report foresees that the bergamot oil market is expected to witness a moderate CAGR of 3.9%. Steady demand in the fragrance industry, emerging applications in the supplements and growing utilization of natural ingredients in the pharma sector are expected to propel the bergamot oil market.

Prominent applicability of Argan oil across the beauty circle is likely to receive an equally strong parallel support by the growing awareness about cardiac activity boosting properties of Argan oil. The latter factor is identified to serve critical in elevating Argan oil usage in food and beverages industry in the near future, translating into an estimated revenue of over US$ 1.5 Bn by the end of 2022 – alone from F&B sector.

Snacks market will continue to witness an optimistic growth ahead, finds a new Fact.MR research study titled 'Snacks Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2017 to 2022'. The research study projects that approximately xxx of snacks are likely to be sold by 2022 end, with snacks being perceived more than just a stop-gap food consumed between meals. The landscape of snacks market is foreseen to be undergo a sea change in the light of dynamic snacking preferences and high demand for ethically sourced grab-and-go foods. These insights are gleaned from a comprehensive report by Fact.MR, which sheds light on the long-term aspects of global snacks marketover the forecast timespan. As per the report, the global snacks market is likely to expand at a moderate CAGR of 5.6% through 2022.

Powder dietary supplements are likely to witness high traction on the back of increasing focus on healthy aging coupled with growing awareness regarding adequate nutrition. The powder dietary supplements market continues to witness momentous growth, largely influenced by various macroeconomic factors including but not limited to rising purchasing power parity, economic growth and growing lifestyle disorders. Fact.MR reveals that the sales of powder dietary supplements are estimated to touch US$ 36 Bn by end of the assessment period with demand projected to rise at a high value CAGR of 8.3% throughout the period of forecast, 2017-2022.

Rising consumer preference for healthy diet continues to remain instrumental in driving consumption of ingredients with significant health benefits and liquid dietary supplements are no exception. With increasing obesity problem worldwide and growing health awareness, demand for liquid dietary supplements is likely to be on an upswing. Fact.MR foresees that the demand for liquid dietary supplements is projected to expand at a high CAGR of 7.4% in terms of value during the period of forecast, 2017-2022. Sales of liquid dietary supplements are estimated to surpass US$ 40 Bn by end of 2022, says the report.

Healthcare is an integral part of people's lives and therefore it must be affordable. The healthcare industry is a highly complex system expanding at an expeditious pace with a wide range of moving components. Fraud in healthcare industry has become a critical problem in recent time, with misuse of medical insurance systems being the prime concern. As manual healthcare fraud detection is a strenuous task, healthcare firms are increasingly adopting healthcare fraud detection software equipped with machine learning and data mining techniques. The ability of healthcare fraud detection software to automatically identify healthcare frauds has been helping technology behind healthcare fraud detection gain immense traction.