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Functional Pet Foods Market By Type (Dry Cat Food, Wet Cat Food, Others), By Application (Pet Cats, pet Dogs, Others), Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2021-2027


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Market Analysis and Insights
The global functional pet food market was valued at $1,954.8 million in 2020, and is projected to reach $4,676.1 million by 2030, registering a CAGR of 8.8% from 2021 to 2030. The shift in pet ownership to parenting has been a very crucial and defining trend in the pet care market, especially in developed countries. One-third of the households in developed countries own a pet. Traditionally, pet owners feed their pets leftovers and scraps from family meals.

Key Findings of the Functional pet food Market Report: 
  • The dog segment was the highest contributor to the market, with $1,350.1 million in 2020, and is estimated to reach $3,181.6 million by 2030, at a CAGR of 8.6% during the forecast period. Adoption of dogs is on the rise as compared to other pet animals. Currently, dogs represent one of the most preferred pets across the globe. Owners are increasingly concerned about the health of their pets and thus feed their dogs with various premium and super premium functional food, including natural-and organic ingredient based supplements.
  • The conventional segment was the highest contributor to the market, with $1,595.9 million in 2020, and is estimated to reach $3,558.7 million by 2030, at a CAGR of 8.0% during the forecast period. Conventional functional pet food holds the highest share in the global functional pet food market, and is expected to sustain its position during the forecast period. This is majorly attributed to rise in awareness regarding health issues found in pet animals, including physical and psychological disorders. Pets help people to deal with stress and depression, which are results of loneliness and hectic & busy life schedule.
  • The obesity segment was the highest contributor to the market, with $446.5 million in 2020, and is estimated to reach $1,099.7 million by 2030, at a CAGR of 9.1% during the forecast period. Obese pet animals suffer from various health issues such as difficulty in breathing and reduced life expectancy. Obese dogs and cats may have poor quality of life as compared to non-obese dogs and cats. In addition, obese pet animals may have high risk of diseases affecting the mouth and urinary tract.
  • The pet stores segment was the highest contributor to the market, with $735.2 million in 2020, and is estimated to reach $1,681.5 million by 2030, at a CAGR of 8.3% during the forecast period. Specialized pet shop is the second fastest growing sales channel after internet sales. Consumers are benefited with wider and specific option as per their pets’ requirements.
  • North America was the highest revenue contributor, accounting for $713.5 million in 2020, and is estimated to reach $1,519.7 million by 2030, with a CAGR of 7.5%. High number of pet ownership and increase in spending capacity on pet care products, including health care and grooming products are some of the major attributes for the growth of the market in this region. Increasing pet humanization, growing trend of nuclear families, and adoption rate of pet especially among the young population are some of the factors that have impelled the demand for functional pet food across the North America region.
Research Methodology Our research methodology constitutes a mix of secondary & primary research which ideally starts from exhaustive data mining, conducting primary interviews (suppliers/distributors/end-users), and formulating insights, estimates, growth rates accordingly. Final primary validation is a mandate to confirm our research findings with Key Opinion Leaders (KoLs), Industry Experts, Functional Pet Foods includes major supplies & Independent Consultants among others Market Segmentation The Functional Pet Foods market is segmented on the basis of type, application, end-use industry, and region & country. Global Functional Pet Foods Market by Type Based on Functional Pet Foods type, the market is divided into type Dry Cat Food, Wet Cat Food, Others. Functional Pet Foods market's sub-segment is expected to hold the largest market share during the forecast period. Increased demand for high-quality industrial valves in the Consumer Goods and other industries. Also to mitigate the risk of contamination is driving the demand for Functional Pet Foods at present. The growing concern about the market and industry is expected to boost the Functional Pet Foods market in Consumer Goods. Global Functional Pet Foods Market by Application Based on Functional Pet Foods application, the market is divided into Pet Cats, pet Dogs, Others. Functional Pet Foods application valves are one of the most basic and indispensable components of today's modern technological society. Market segment is expected to hold the largest market share in the global Functional Pet Foods market. Global Market Scope and Functional Pet Foods Market Size The scope of the report is to provide a 360-degree view of the market by assessing the entire value chain and analyzing the key Functional Pet Foods market trends from 2021 to 2027 underlying in specific geographies. Qualitative and quantitative aspects are interlinked to provide rationales on market numbers, CAGR, and forecasts. Functional Pet Foods Market Country Level Analysis Most of the countries are estimated to emerge as a fastest growing region and hold the largest market share in the global industrial Functional Pet Foods market, mainly due to Growing industory trends of present situations, which cannot be ignored. Geographically, regional insights has been segmented on the basis of North America, Europe, Asia Pacific, South America and The Middle East And Africa region. Key Functional Pet Foods market players identified in the report are listed below Mars, Nestle Purina, Big Heart, Colgate, Blue Buffalo, Heristo, Unicharm, Mogiana Alimentos, Affinity Petcare, Nisshin Pet Food, Total Alimentos, Ramical, MoonShine, Big Time, Yantai China Pet Foods, Gambol, Paide Pet Food, Wagg
Regional
Some of the other major highlights of the demand for Functional Pet Foods report include analysis, purchasing volume, prices, pricing analysis, and regulatory framework. Coverage on manufacturing structure, distribution channels, and Porter’s Five Forces analysis are also incorporated in the scope to provide analysis on the demand and supply side. This is anticipated to create opportunities for the growth of the Functional Pet Foods market during the forecast period. COVID-19 Impact Analysis - The COVID-19 pandemic had a significant impact on the on trade segment and Industry. - Manufacturers are comprehending strategies to revive from the current situation by means of reshaping their sales channels as well as product innovation. - The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic. However, the global Functional Pet Foods industry is expected to stabilize after 2021. - The liquor industry was not impacted severely due to the pandemic. Key Functional Pet Foods Market Trends - The report identifies, determines, and forecasts the Global Functional Pet Foods Market segments based on their type, sub-type, technology used, applications, end-users, and regions. - Industry to Industry Holds Largest Share in the Functional Pet Foods Market - It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market. - Demand from Regional / geographical is Expected to Drive the Growth - Rising Adoption of Market Segments in the Functional Pet Foods Growth - North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period - It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Functional Pet Foods Market. Table of Contents Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Functional Pet Foods market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application. Executive Summary: It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Production by Region: Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied. Profile of Manufacturers: Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors. Functional Pet Foods Market Growth is segmented on the basis of market type, application, end-user and region. Based on Type Dry Cat Food Wet Cat Food Others Based on Application Pet Cats pet Dogs Others Regions Covered Americas North America United States Canada Mexico South America Brazil Argentina Chile Colombia Rest Of Latin America Europe United Kingdom Germany France Italy Spain Netherlands Sweden Rest of Europe Asia-Pacific China India Japan South Korea Australia Singapore Indonesia Malaysia Thailand Philippines, Vietnam Rest of Asia-Pacific The Middle East And Africa Saudi Arabia United Arab Emirates South Africa Iran Turkey Morocco Nigeria Algeria Cameroon Chad Congo Egypt Kuwait Rest of LAMEA Have Any Query? Ask Our Experts Market Strides have team of professionals that assist you in many advanced industry specific trends, content and tests different strategies and implements the most productive one for the business. For more information, contact: sales@marketstrides.com
1 Study Coverage
    1.1 Functional Pet Foods Product Introduction
    1.2 Market Segments
    1.3 Key Functional Pet Foods Manufacturers Covered: Ranking by Revenue
    1.4 Market by Type
        1.4.1 Global Functional Pet Foods Market Size Growth Rate by Type
        1.4.2 Dry Cat Food
        1.4.3 Wet Cat Food
        1.4.4 Others
    1.5 Market by Application
        1.5.1 Global Functional Pet Foods Market Size Growth Rate by Application
        1.5.2 Pet Cats
        1.5.3 pet Dogs
        1.5.4 Others
    1.6 Coronavirus Disease 2020 (Covid-19): Functional Pet Foods Industry Impact
        1.6.1 How the Covid-19 is Affecting the Functional Pet Foods Industry
            1.6.1.1 Functional Pet Foods Business Impact Assessment - Covid-19
            1.6.1.2 Supply Chain Challenges
            1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
        1.6.2 Market Trends and Functional Pet Foods Potential Opportunities in the COVID-19 Landscape
        1.6.3 Measures / Proposal against Covid-19
            1.6.3.1 Government Measures to Combat Covid-19 Impact
            1.6.3.2 Proposal for Functional Pet Foods Players to Combat Covid-19 Impact
    1.7 Study Objectives
    1.8 Years Considered

2 Executive Summary
    2.1 Global Functional Pet Foods Market Size Estimates and Forecasts
        2.1.1 Global Functional Pet Foods Revenue 2016-2027
        2.1.2 Global Functional Pet Foods Sales 2016-2027
    2.2 Functional Pet Foods Market Size by Region: 2021 Versus 2027
        2.2.1 Global Functional Pet Foods Retrospective Market Scenario in Sales by Region: 2016-2020
        2.2.2 Global Functional Pet Foods Retrospective Market Scenario in Revenue by Region: 2016-2020

3 Global Functional Pet Foods Competitor Landscape by Players
    3.1 Functional Pet Foods Sales by Manufacturers
        3.1.1 Functional Pet Foods Sales by Manufacturers (2016-2020)
        3.1.2 Functional Pet Foods Sales Market Share by Manufacturers (2016-2020)
    3.2 Functional Pet Foods Revenue by Manufacturers
        3.2.1 Functional Pet Foods Revenue by Manufacturers (2016-2020)
        3.2.2 Functional Pet Foods Revenue Share by Manufacturers (2016-2020)
        3.2.3 Global Functional Pet Foods Market Concentration Ratio (CR5 and HHI) (2016-2020)
        3.2.4 Global Top 10 and Top 5 Companies by Functional Pet Foods Revenue in 2020
        3.2.5 Global Functional Pet Foods Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    3.3 Functional Pet Foods Price by Manufacturers
    3.4 Functional Pet Foods Manufacturing Base Distribution, Product Types
        3.4.1 Functional Pet Foods Manufacturers Manufacturing Base Distribution, Headquarters
        3.4.2 Manufacturers Functional Pet Foods Product Type
        3.4.3 Date of International Manufacturers Enter into Functional Pet Foods Market
    3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2027)
    4.1 Global Functional Pet Foods Market Size by Type (2016-2020)
        4.1.1 Global Functional Pet Foods Sales by Type (2016-2020)
        4.1.2 Global Functional Pet Foods Revenue by Type (2016-2020)
        4.1.3 Functional Pet Foods Average Selling Price (ASP) by Type (2016-2027)
    4.2 Global Functional Pet Foods Market Size Forecast by Type (2021-2027)
        4.2.1 Global Functional Pet Foods Sales Forecast by Type (2021-2027)
        4.2.2 Global Functional Pet Foods Revenue Forecast by Type (2021-2027)
        4.2.3 Functional Pet Foods Average Selling Price (ASP) Forecast by Type (2021-2027)
    4.3 Global Functional Pet Foods Market Share by Price Tier (2016-2020): Low-End, Mid-Range and High-End

5 Breakdown Data by Application (2016-2027)
    5.1 Global Functional Pet Foods Market Size by Application (2016-2020)
        5.1.1 Global Functional Pet Foods Sales by Application (2016-2020)
        5.1.2 Global Functional Pet Foods Revenue by Application (2016-2020)
        5.1.3 Functional Pet Foods Price by Application (2016-2020)
    5.2 Functional Pet Foods Market Size Forecast by Application (2021-2027)
        5.2.1 Global Functional Pet Foods Sales Forecast by Application (2021-2027)
        5.2.2 Global Functional Pet Foods Revenue Forecast by Application (2021-2027)
        5.2.3 Global Functional Pet Foods Price Forecast by Application (2021-2027)

6 North America
    6.1 North America Functional Pet Foods by Country
        6.1.1 North America Functional Pet Foods Sales by Country
        6.1.2 North America Functional Pet Foods Revenue by Country
        6.1.3 U.S.
        6.1.4 Canada
    6.2 North America Functional Pet Foods Market Facts & Figures by Type
    6.3 North America Functional Pet Foods Market Facts & Figures by Application

7 Europe
    7.1 Europe Functional Pet Foods by Country
        7.1.1 Europe Functional Pet Foods Sales by Country
        7.1.2 Europe Functional Pet Foods Revenue by Country
        7.1.3 Germany
        7.1.4 France
        7.1.5 U.K.
        7.1.6 Italy
        7.1.7 Russia
    7.2 Europe Functional Pet Foods Market Facts & Figures by Type
    7.3 Europe Functional Pet Foods Market Facts & Figures by Application

8 Asia Pacific
    8.1 Asia Pacific Functional Pet Foods by Region
        8.1.1 Asia Pacific Functional Pet Foods Sales by Region
        8.1.2 Asia Pacific Functional Pet Foods Revenue by Region
        8.1.3 China
        8.1.4 Japan
        8.1.5 South Korea
        8.1.6 India
        8.1.7 Australia
        8.1.8 Taiwan
        8.1.9 Indonesia
        8.1.10 Thailand
        8.1.11 Malaysia
        8.1.12 Philippines
        8.1.13 Vietnam
    8.2 Asia Pacific Functional Pet Foods Market Facts & Figures by Type
    8.3 Asia Pacific Functional Pet Foods Market Facts & Figures by Application

9 Latin America
    9.1 Latin America Functional Pet Foods by Country
        9.1.1 Latin America Functional Pet Foods Sales by Country
        9.1.2 Latin America Functional Pet Foods Revenue by Country
        9.1.3 Mexico
        9.1.4 Brazil
        9.1.5 Argentina
    9.2 Central & South America Functional Pet Foods Market Facts & Figures by Type
    9.3 Central & South America Functional Pet Foods Market Facts & Figures by Application

10 Middle East and Africa
    10.1 Middle East and Africa Functional Pet Foods by Country
        10.1.1 Middle East and Africa Functional Pet Foods Sales by Country
        10.1.2 Middle East and Africa Functional Pet Foods Revenue by Country
        10.1.3 Turkey
        10.1.4 Saudi Arabia
        10.1.5 U.A.E
    10.2 Middle East and Africa Functional Pet Foods Market Facts & Figures by Type
    10.3 Middle East and Africa Functional Pet Foods Market Facts & Figures by Application

11 Company Profiles
    11.1 Mars
        11.1.1 Mars Corporation Information
        11.1.2 Mars Description, Business Overview and Total Revenue
        11.1.3 Mars Sales, Revenue and Gross Margin (2016-2020)
        11.1.4 Mars Functional Pet Foods Products Offered
        11.1.5 Mars Recent Development
    11.2 Nestle Purina
        11.2.1 Nestle Purina Corporation Information
        11.2.2 Nestle Purina Description, Business Overview and Total Revenue
        11.2.3 Nestle Purina Sales, Revenue and Gross Margin (2016-2020)
        11.2.4 Nestle Purina Functional Pet Foods Products Offered
        11.2.5 Nestle Purina Recent Development
    11.3 Big Heart
        11.3.1 Big Heart Corporation Information
        11.3.2 Big Heart Description, Business Overview and Total Revenue
        11.3.3 Big Heart Sales, Revenue and Gross Margin (2016-2020)
        11.3.4 Big Heart Functional Pet Foods Products Offered
        11.3.5 Big Heart Recent Development
    11.4 Colgate
        11.4.1 Colgate Corporation Information
        11.4.2 Colgate Description, Business Overview and Total Revenue
        11.4.3 Colgate Sales, Revenue and Gross Margin (2016-2020)
        11.4.4 Colgate Functional Pet Foods Products Offered
        11.4.5 Colgate Recent Development
    11.5 Blue Buffalo
        11.5.1 Blue Buffalo Corporation Information
        11.5.2 Blue Buffalo Description, Business Overview and Total Revenue
        11.5.3 Blue Buffalo Sales, Revenue and Gross Margin (2016-2020)
        11.5.4 Blue Buffalo Functional Pet Foods Products Offered
        11.5.5 Blue Buffalo Recent Development
    11.6 Heristo
        11.6.1 Heristo Corporation Information
        11.6.2 Heristo Description, Business Overview and Total Revenue
        11.6.3 Heristo Sales, Revenue and Gross Margin (2016-2020)
        11.6.4 Heristo Functional Pet Foods Products Offered
        11.6.5 Heristo Recent Development
    11.7 Unicharm
        11.7.1 Unicharm Corporation Information
        11.7.2 Unicharm Description, Business Overview and Total Revenue
        11.7.3 Unicharm Sales, Revenue and Gross Margin (2016-2020)
        11.7.4 Unicharm Functional Pet Foods Products Offered
        11.7.5 Unicharm Recent Development
    11.8 Mogiana Alimentos
        11.8.1 Mogiana Alimentos Corporation Information
        11.8.2 Mogiana Alimentos Description, Business Overview and Total Revenue
        11.8.3 Mogiana Alimentos Sales, Revenue and Gross Margin (2016-2020)
        11.8.4 Mogiana Alimentos Functional Pet Foods Products Offered
        11.8.5 Mogiana Alimentos Recent Development
    11.9 Affinity Petcare
        11.9.1 Affinity Petcare Corporation Information
        11.9.2 Affinity Petcare Description, Business Overview and Total Revenue
        11.9.3 Affinity Petcare Sales, Revenue and Gross Margin (2016-2020)
        11.9.4 Affinity Petcare Functional Pet Foods Products Offered
        11.9.5 Affinity Petcare Recent Development
    11.10 Nisshin Pet Food
        11.10.1 Nisshin Pet Food Corporation Information
        11.10.2 Nisshin Pet Food Description, Business Overview and Total Revenue
        11.10.3 Nisshin Pet Food Sales, Revenue and Gross Margin (2016-2020)
        11.10.4 Nisshin Pet Food Functional Pet Foods Products Offered
        11.10.5 Nisshin Pet Food Recent Development
    11.1 Mars
        11.1.1 Mars Corporation Information
        11.1.2 Mars Description, Business Overview and Total Revenue
        11.1.3 Mars Sales, Revenue and Gross Margin (2016-2020)
        11.1.4 Mars Functional Pet Foods Products Offered
        11.1.5 Mars Recent Development
    11.12 Ramical
        11.12.1 Ramical Corporation Information
        11.12.2 Ramical Description, Business Overview and Total Revenue
        11.12.3 Ramical Sales, Revenue and Gross Margin (2016-2020)
        11.12.4 Ramical Products Offered
        11.12.5 Ramical Recent Development
    11.13 MoonShine
        11.13.1 MoonShine Corporation Information
        11.13.2 MoonShine Description, Business Overview and Total Revenue
        11.13.3 MoonShine Sales, Revenue and Gross Margin (2016-2020)
        11.13.4 MoonShine Products Offered
        11.13.5 MoonShine Recent Development
    11.14 Big Time
        11.14.1 Big Time Corporation Information
        11.14.2 Big Time Description, Business Overview and Total Revenue
        11.14.3 Big Time Sales, Revenue and Gross Margin (2016-2020)
        11.14.4 Big Time Products Offered
        11.14.5 Big Time Recent Development
    11.15 Yantai China Pet Foods
        11.15.1 Yantai China Pet Foods Corporation Information
        11.15.2 Yantai China Pet Foods Description, Business Overview and Total Revenue
        11.15.3 Yantai China Pet Foods Sales, Revenue and Gross Margin (2016-2020)
        11.15.4 Yantai China Pet Foods Products Offered
        11.15.5 Yantai China Pet Foods Recent Development
    11.16 Gambol
        11.16.1 Gambol Corporation Information
        11.16.2 Gambol Description, Business Overview and Total Revenue
        11.16.3 Gambol Sales, Revenue and Gross Margin (2016-2020)
        11.16.4 Gambol Products Offered
        11.16.5 Gambol Recent Development
    11.17 Paide Pet Food
        11.17.1 Paide Pet Food Corporation Information
        11.17.2 Paide Pet Food Description, Business Overview and Total Revenue
        11.17.3 Paide Pet Food Sales, Revenue and Gross Margin (2016-2020)
        11.17.4 Paide Pet Food Products Offered
        11.17.5 Paide Pet Food Recent Development
    11.18 Wagg
        11.18.1 Wagg Corporation Information
        11.18.2 Wagg Description, Business Overview and Total Revenue
        11.18.3 Wagg Sales, Revenue and Gross Margin (2016-2020)
        11.18.4 Wagg Products Offered
        11.18.5 Wagg Recent Development

12 Future Forecast by Regions (Countries) (2021-2027)
    12.1 Functional Pet Foods Market Estimates and Projections by Region
        12.1.1 Global Functional Pet Foods Sales Forecast by Regions 2021-2027
        12.1.2 Global Functional Pet Foods Revenue Forecast by Regions 2021-2027
    12.2 North America Functional Pet Foods Market Size Forecast (2021-2027)
        12.2.1 North America: Functional Pet Foods Sales Forecast (2021-2027)
        12.2.2 North America: Functional Pet Foods Revenue Forecast (2021-2027)
        12.2.3 North America: Functional Pet Foods Market Size Forecast by Country (2021-2027)
    12.3 Europe Functional Pet Foods Market Size Forecast (2021-2027)
        12.3.1 Europe: Functional Pet Foods Sales Forecast (2021-2027)
        12.3.2 Europe: Functional Pet Foods Revenue Forecast (2021-2027)
        12.3.3 Europe: Functional Pet Foods Market Size Forecast by Country (2021-2027)
    12.4 Asia Pacific Functional Pet Foods Market Size Forecast (2021-2027)
        12.4.1 Asia Pacific: Functional Pet Foods Sales Forecast (2021-2027)
        12.4.2 Asia Pacific: Functional Pet Foods Revenue Forecast (2021-2027)
        12.4.3 Asia Pacific: Functional Pet Foods Market Size Forecast by Region (2021-2027)
    12.5 Latin America Functional Pet Foods Market Size Forecast (2021-2027)
        12.5.1 Latin America: Functional Pet Foods Sales Forecast (2021-2027)
        12.5.2 Latin America: Functional Pet Foods Revenue Forecast (2021-2027)
        12.5.3 Latin America: Functional Pet Foods Market Size Forecast by Country (2021-2027)
    12.6 Middle East and Africa Functional Pet Foods Market Size Forecast (2021-2027)
        12.6.1 Middle East and Africa: Functional Pet Foods Sales Forecast (2021-2027)
        12.6.2 Middle East and Africa: Functional Pet Foods Revenue Forecast (2021-2027)
        12.6.3 Middle East and Africa: Functional Pet Foods Market Size Forecast by Country (2021-2027)

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
    13.1 Market Opportunities and Drivers
    13.2 Market Challenges
    13.3 Market Risks/Restraints
    13.4 Porter’s Five Forces Analysis
    13.5 Primary Interviews with Key Functional Pet Foods Players (Opinion Leaders)

14 Value Chain and Sales Channels Analysis
    14.1 Value Chain Analysis
    14.2 Functional Pet Foods Customers
    14.3 Sales Channels Analysis
        14.3.1 Sales Channels
        14.3.2 Distributors

15 Research Findings and Conclusion

16 Appendix
    16.1 Research Methodology
        16.1.1 Methodology/Research Approach
        16.1.2 Data Source
    16.2 Author Details

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Australia Key Finder Market By Type (Remote Control, Bluetooth), By Application (Automotive Key, Door Key), Regional Analysis, Growth Opportunity and Industry Forecast 2021-2027

September 2021

Market Analysis and Insights The report titled “Key Finder Market 2021-2027” provides an exhaustive analysis of key market trends & dynamics along with market estimates & forecasts covering major geographies/countries. Exclusive highlights on factors determining the growth patterns, move ...read more

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