Coronavirus Diagnostics Market Scope, Size, Share, Growth, Trend and Forecast by 2025

Surging cases of COVID-19 to drive global coronavirus diagnostics market

According to TechSci Research report, “Global Coronavirus Diagnostics Market By Type of Test, By User, By Full Test Time, By End User, By Region, Competition, Forecast & Opportunities, 2025”, the global coronavirus diagnostics market is forecast to surpass $ 2.2 billion by 2025 on account of increasing R&D activities related to coronavirus diagnostics and treatment by major companies and research laboratories around the globe. Additionally, increasing funding & grants by various governments around the world to find out efficient diagnostic and treatment methods is further expected to spur the market over the next few years. Furthermore, increasing healthcare spending and rising need to protect the population from such outbreaks are expected to positively impact the growth of market in the coming years. However, high cost of diagnostics can hamper the growth of market, especially in the developing economies in the near term. Additionally, limited availability of diagnostic kits can hinder the growth of market.

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The global coronavirus diagnostics market is segmented based on type of test, user, full test time, end user, company and region. Based on type of test, the market can be bifurcated into molecular and serological tests. The serological tests segment is expected to witness significant growth during the forecast period since these tests are done using blood samples. Further, these tests are helpful in determining patients with mild or no symptoms. Based on full test time, the market can be fragmented into less than 60 minutes, 1 hour to 12 hours, 13 hours - 24hours and more than 1 days. 1 hour to 12 hours segment is expected to dominate the market since most of the methods that are available right now take this much duration in the diagnosis of COVID-19 since they involve real time PCR test followed by gene fingerprinting which usually takes time. The less than 60 minutes segment is also expected to witness significant growth during the forecast period because California-based molecular diagnostics company Cepheid has developed a rapid coronavirus diagnostic test with detection time of about 45 minutes and has got the approval from FDA also. By the end of March 2020, the company intends to roll out its testing kits. Based on end user, the market can be segmented into hospitals, public health labs, private or commercial labs, physician labs and others. The hospitals segment is expected to dominate the market owing to the presence of sophisticated diagnostic and treatment facilities in them.

Roche Diagnostics, Abbott, Cepheid Inc, Bio-Rad Laboratories, Beckman Coulter, Becton, Dickinson and Company, Lonza, bioMérieux, Mammoth Biosciences, Hologic, Qiagen, GSK Biologicals, PerkinElmer, Ortho-Clinical Diagnostics, Thermo Fischer Scientific, Mylab, and Altona Diagnostics are some of the leading players operating in the global coronavirus diagnostics market. The companies operating in the market are increasing focusing on developing low cost diagnostic kits that offer high efficiency and accuracy. For instance, recently Pune (India) based molecular diagnostic company Mylab has become the first Indian company to have received the validation for its COVID-19 diagnostic test kits also known as the Reverse Transcription Polymerase Chain Reaction (RT-PCR) tests by the Drug Controller of India, after the National Institute of Virology validated its test.

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“North America and Europe are expected to dominate the coronavirus diagnostics market during the forecast period. Increasing investments in R&D activities along with strong support from the governments in the regions are further expected to create huge market opportunities for diagnostic players over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Coronavirus Diagnostics Market By Type of Test, By User, By Full Test Time, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global coronavirus diagnostics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global coronavirus diagnostics market.

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UAE Soap Market Size, Share, Growth, Trend & Forecast 2025

Increasing population and rising disposable income to drive UAE soap market

According to TechSci Research report, “UAE Soap Market By Form (Liquid, Solid), By Distribution Channel (Store based, Non-store based), By Application (Kitchen, Laundry, Personal, Novelty, Perfumed, Beauty Soaps, Medicated and Others), By Region, Forecast & Opportunities, 2025”, market for soaps in UAE is expected to witness a substantial growth during the forecast period due to increase in population, thereby, increasing the demand for soaps in the country. There has been a global product development which has made it easier to wash piles of clothes in one washing machine. Convenience always attracts customers, thus, almost every household as of now has a washing machine to make the procedure of doing laundry less cumbersome. Increased use of washing machines has led to the growth of detergent market, thereby fueling overall UAE soap market.

Furthermore, there has been an evident rise in consumer awareness regarding protection from various viruses, bacteria, and diseases, for instance, Corona virus in the present day. Washing hands for sanitation is extremely crucial in order to protect oneself from such diseases. Besides, companies like Johnson & Johnson (J&J) produce special baby-care soaps as babies need special care of their skin. Thus, soaps play a vital role in the healthcare sector as well, which is enhancing the share of soap market of UAE.

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Hand-crafted soaps have also come into existence and have grown popular among the consumers. There is a presence of soap manufacturing companies in UAE which produce hand-crafted soaps in cities like Dubai, Sharjah, Ajman, Abu Dhabi, etc. For instance, the Camel Soap Factory, in Dubai, produces about 10000 kgs of soap every month and is one of the highly renowned soap companies of UAE. The company produces hand-made, chemical-free and sustainable soaps and tries to make the best out of waste by generating as less waste as possible. They are also environment friendly as the percentage of plastic used by the company in soap production is quite less.

UAE soap market can be segmented based on form, distribution channel, application and region. Form segment is further bifurcated into solid and liquid soaps.  Solid soaps are expected to hold the largest market share as they are evidently cheaper than the liquid soaps. Additionally, they also provide customers with a wider range of variety, which has made solid soaps dominate liquid soaps in the UAE soap market. Based on distribution channel, market can be segment into store based and non-store based channels. It seems more convenient to people to buy soaps from a nearby store as soaps are used on a daily basis rather than buying it online and waiting for days for its delivery, contributing to the share of store based segment in the UAE soaps market.

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Detergent Industrial & Trading Co. Ltd., Ditra Sitra, Al Aslaf Detergents Trading, Ptal International FZC, Horsens International FZC, JP International FZCO, Fayfa Adhesives, Makkavi Soaps Trading, Emami International FZE, Modern Detergents Ind (LLC), etc. are some of the leading players of UAE soap market. Customer satisfaction is         the basic motive of these companies to fulfil owing to which they adopt numerous organic strategies like increasing the companies’ total production along with launching new products. Besides, there exists a fierce inter-company competition in the soap market of UAE. To sustain themselves in the long-run, companies tend to opt for many inorganic strategies too, like acquisitions, mergers, collaborations, joint ventures, etc.

“UAE soap market is anticipated to witness significant growth during the next five years as the utility of soaps is increasing in various end use applications. Medicated and herbal soaps are available in the market, which are meant to provide better care than normal soaps to oily, dry, sensitive or diseased skin. Precision soaps have also been introduced to curb unique skin problems, which has prominently contributed to the market growth in the country.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“UAE Soap Market By Form (Liquid, Solid), By Distribution Channel (Store based, Non-store based), By Application (Kitchen, Laundry, Personal, Novelty, Perfumed, Beauty Soaps, Medicated and Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of UAE soap market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in UAE soap market.

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Protective Cultures Market Size, Share, Growth, Trend & Forecast 2025

Increasing demand for natural and preservative-free products in various end use sectors to drive the growth of global protective cultures market 

According to TechSci Research report, “Global Protective Cultures Market , By Product Form, By Target Microorganism, By Composition, By Application, By Region, Competition, Forecast & Opportunities, 2025”, global protective cultures market is expected to witness robust CAGR during the forecast period. Rise in ready-to-eat trends owing to hectic lifestyles of consumers is one of the major factor accounting for the growth of global protective cultures market. Moreover, growing health consciousness among consumers is further expected to bode well for the growth of global protective cultures market through the forecast years. In addition to this, protective cultures contain one or more microbial species, thereby aiding the survival and storage of food products, which in turn is anticipated to positively influence the growth of global protective cultures market in the years to come. Moreover, shift in the preference towards protective cultures to produce various food and beverage products among food and beverage manufacturers all around the world is making headway for the growth of global protective cultures market. Along with this, growing demand for natural and preservative-free products in various sectors predominantly cosmetics and food and beverage sectors in order to prevent the growth of pathogenic organisms and microbiological spoilage agents is expected to contribute to the market growth during the next five years. However, there are some factors such as stringent rules and regulations regarding the utilization of protective cultures in variety of food products and high price associated with protective cultures that can act as major impediments to the growth of global protective cultures market through 2025.

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Global protective cultures market can be segmented based on product form, target microorganism, composition, application, company and region. Considering the target microorganism, the market is fragmented into yeasts & molds and bacteria. The yeasts & molds segment dominated the global protective cultures market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well which can be accredited to the fact that high utilization of protective cultures by dairy industry in cheese manufacturing worldwide. In terms of application, the market is fragmented into dairy & dairy products, meat & poultry products, seafood, others. Out of which, the seafood segment is anticipated to grow at a high pace during the forecast period. This high growth is due to increasing production and processing of seafood for exports across the globe. This is a key factor augmenting the demand of the seafood segment.

Chr. Hanse, Dowdupont, DSM, Sacco S.R.L, CSK Food Enrichment B.V., THT S.A, Meat Cracks Technologie GmbH, Dalton Biotechnologies S.R.L, Bioprox, Biochem S.R.L are among others are the leading players operating in global protective cultures market. The leading players are adopting several growth strategies to enhance the market scenario of protective cultures. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.

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“Europe is forecast to dominate the global protective cultures market during the next five years on account of high number of dairy products exports from the countries in the region. Furthermore, increase in contribution for green label products by dairy and meat producers, is further anticipated to bolster the market growth in the upcoming years. Additionally, growing utilization of protective cultures in meat industry is further boosting the market growth in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Protective Cultures Market, By Product Form, By Target Microorganism, By Composition, By Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global protective cultures market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global protective cultures market.

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Fortified Wine Market Size, Share, Growth, Trend & Forecast 2025

Ongoing trend of fortification of wine with marijuana or distilled spirit to drive global fortified wine market

According to TechSci Research report, “Global Fortified Wine Market By Type (Port, Sherry, Marsala, Madeira, Commandaria, Vermouth, Others), By Distribution Channel (On-Trade, Off-Trade (Supermarkets/Hypermarkets, Liquor Stores), By Style (Dry, Sweet, Medium Dry, Medium Sweet), By Region, Forecast & Opportunities, 2025”, the global market for fortified wine is expected to grow at a steady rate in the forecast period. The trending craze for alcohol and premiumization are the major factors driving the market across the globe. Fortified wines are the wines which are fortified with additional alcohol or distilled spirits in order to increase the alcohol content up to 16-17 percent. Many health benefits also come along with the fortified wines, for instance, brandy is used to cure sore throats which is also a kind of fortified wine. Additionally, legalization of marijuana in the US has led to the launch of many marijuana infused fortified wines. Moreover, premiumization has fueled the demand for new flavors and varieties of fortified wines, which has eventually led to the growth of the market. However, the rise in the imposed taxes on the consumption of alcohol due to the strict government rules and regulations along with the inexpensive surrogates are few factors that are likely to restrain the market.

The global fortified wine market is segmented into type, distribution channel, style and region. Based on type, the market is segmented into port, sherry, marsala, madeira, commandaria, vermouth and others. On the basis of distribution channel, the market is bifurcated into on-trade and off-trade. Off trade segment comprising of supermarket, hypermarkets and liquor stores is expected to hold the largest share as it is highly convenient for the consumer to buy the desired fortified wine via stores directly rather than ordering it online and waiting for it. On the basis of style, the market can be divided into dry, sweet, medium dry and medium sweet out of which, dry fortified wine is likely to hold the largest share on the back of its low sugar levels due to which, it can be consumed by every person, be it a diabetic or a non-diabetic person.

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In terms of regional analysis, Europe held the largest market share in fortified wine and the trend is likely to continue in the coming years as well. This is due to the presence of pre-existing wine manufacturing industries and the innovations made by them in the aspect of new flavours and varieties. Asia-Pacific region is expected to undergo the fastest growth in the market due to the influence of western culture and high hospitality and developing tourism industry in countries like India, Thailand, Singapore, etc.

Some of the leading players in global fortified wine market include Liberty Wines Limited, Backsberg, Sogevinus Fine Wines SL (Kopke), Taylor's Port, Albina & Hanna, Contratto, BACARDÍ, E. & J. Gallo Winery, Gruppo Campari, The Wine Group, Davide Campari-Milano S.p.A., Atsby Vermouth, Anchor Brewing Company, Gancia and Vinbros and Company, etc. In order to expand their market share, companies adopt various strategies like new product launches and many more to attract more customers. The robustly varying preferences of the customers have led the wine manufacturers to launch new and exotic wines into the market.

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“Global fortified wine market is anticipated to witness a steady growth during the next five years as the major companies are now concentrating on launching new and extraordinary flavors or fortified wines to cater to the burgeoning demand of the customers. Additionally, the market is expected to witness a robust growth in US too as after the legalization of marijuana, marijuana infused wines are being introduced in the country,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Fortified Wine Market By Type (Port, Sherry, Marsala, Madeira, Commandaria, Vermouth, Others), By Distribution Channel (On-Trade, Off-Trade (Supermarkets/Hypermarkets, Liquor Stores), By Style (Dry, Sweet, Medium Dry, Medium Sweet), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global fortified wine market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global fortified wine market.

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Brazil Cosmetics Market to Grow at a Substantial Rate through 2025

Increasing demand from youth population and rising disposable income to drive the growth of the Brazil cosmetics market

According to TechSci Research report, “Brazil Cosmetics Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025”, Brazil cosmetics market is anticipated to grow substantially during the forecast period. The reason for the growth of cosmetics market in Brazil includes surging demand from youth population coupled with growing adoption of western culture & lifestyle. Moreover, increasing per capita expenditure personal appearance along with growth in beauty and cosmetics market is positively influencing the market growth in the country. In addition to this, the market has witnessed shift in demand towards organic and natural cosmetics which is further anticipated to bode well for the growth of Brazil cosmetics market in the next 5 years.

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Brazil cosmetics market can be segmented based on product type, distribution channel and region. In terms of distribution channel, the market can be segmented into beauty parlors/salons, multi branded retail stores, online channels, supermarkets/hypermarkets, exclusive retail stores & others. Out of which, multi branded as well as exclusive retail store segments dominated the market until 2019 and is forecast to maintain its lead during the forecast period as well, which can be attributed to the customers preference for buying cosmetic products. Also, the online channel segment is witnessed to grow at high pace over the coming years on account of upsurge of several e-commerce websites. Online sales and marketing channels allow the vendors to reach mass markets and foster closer relationships with the consumers, which is further boosting the segment growth in the country.

L'Oreal Brasil Comercio De Cosmeticos Ltda, Unilever Brasil Ltda, Procter & Gamble do Brasil Ltda, Natura Cosmeticos SA, Avon Cosmeticos Ltda, Beiersdorf Industria e Comercio Ltda, Grupo Boticario are the leading players operating in Brazil cosmetics market.

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“Brazil cosmetics market is growing dynamically due to rising demand for natural, herbal and organic beauty products which is creating new opportunities for the manufacturers to develop new products according to consumer preferences. Furthermore, less consumption of products using phthalates, aluminum salts and parabens coupled with increasing demand to provide sustainable products are amongst few factors which are anticipated to drive the growth of cosmetics market in the country until 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Brazil Cosmetics Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of Brazil cosmetics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Brazil cosmetics market.

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