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The ability of machine vision systems to process a large amount of information in a fraction of seconds is a major factor driving the market growth. The quick processing ability of machine vision systems is paving the way for manufacturers to achieve new milestones in manufacturing products with negligible defects.
The rising use of herbs and spices in food and beverages industry is one of the key factors estimated to encourage the growth of the global market throughout the forecast period. The increasing focus on Ayurveda and the increasing awareness regarding its combination and benefits are further estimated to accelerate the growth of the global herbs and spices extracts market in the next few years.
The market is segmented and market values are forecasted for the major regions, such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). The key countries are covered and their market sizes have been forecasted for each region. Further, the market is segmented and market values are forecasted on the basis of types and applications.
In the food and beverage industry, flavours are used in most of the raw materials. Flavours find application in food products such as confectionaries and bakery products as well as in other non-food products such as cigars and tobacco. For instance, hibiscus is being used across the alcoholic as well as the non-alcoholic beverages category in generic form or in blends as a cocktail.
Increasing vehicle production and sales, technological advancement and tightened regulations regarding safety measures are the prominent driving forces for the automotive lighting market size. The global vehicle production has witnessed considerable increase due to growing demand and emerging economies.
According to the latest market report published by Research Report Insights (RRI) titled “Tissue Paper Converting Machines Market by 2027,” Toilet rolls tissue paper converting machines segmentis expected to be the largest contributor to the global tissue paper converting machines market over the forecast period, 2017-2027.
Research Report Insights (RRI) delivers key insights on the global Fifth Wheel Couplingmarket in its latest report titled ‘Fifth Wheel CouplingMarket by 2025.’ The long-term outlook on the global Fifth Wheel Couplingmarket remains positive, with market value expected to increase at a CAGR of 5.4% during the forecast period (2017 – 2025).
Global consumption of sodium metal was estimated to the tune of 98,400 MT in 2016. It is projected that demand will grow at a CAGR of 3.3% through 2024 and surpass 127,400 MT. The sluggish demand for sodium metal is on account of a slew of factors, including its impact on the environment and growing use of alternatives, such as magnesium.
According to the Research Report Insights (RRI), titled ‘Global Sleep AidsMarket’: Industry Analysis 2012-2016 and Opportunity Assessment 2017-2025. The global sleep aids market is expected to expand at a CAGR of 4.8% during the forecast period 2017-2025.
An exhaustive analysis and geographic assessment demonstrates that the growth of global specialty fats and oils market is attributed to the factors such as, increasing demand for specialty fats and oils in bakery, confectionery, dairy and ice-cream industry.
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