Press Release

According to a new market report published by Lucintel, the future of the yeast and yeast extract market looks promising with opportunities in the food & beverages, animal feed, and biofuel market. The global yeast and yeast extract market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 9% from 2020 to 2025. The major growth drivers …

According to a market report by Lucintel, the future of the GNSS chip market looks promising with opportunities in the consumer electronics, construction, agriculture, automotive, military & defense, marine, and transportation industries. The global GNSS chip market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are increasing demand for IoT and integration of GNSS chips in self-driving cars, drones, smart sensors, connected homes, and wearable devices. In this market, …

According to a market report by Lucintel, the future of the polymer nanocomposite market looks promising with opportunities in the packaging, automotive, aerospace & defense, electronics & semiconductor, energy, and coatings industries. The global polymer nanocomposite market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 11% from 2020 to 2025. The major drivers for this market …

According to a market report by Lucintel, the future of the feed amino acids market looks promising with opportunities in the ruminants, swine, poultry, and aquaculture. The global feed amino acids market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are growing consumer awareness towards …

According to a new market report published by Lucintel, the future of the smart watch market looks promising with opportunities in the personal assistance, wellness, healthcare, and sports markets. The global smart watch market is expected to grow with a CAGR of 32.5% from 2020 to 2025. The major drivers for this market are rising internet & smartphone penetration, changing technological preferences of young population, increasing health awareness, and growing demand for wireless sports and fitness devices. To download report …

According to a new market report published by Lucintel, the future of the class D audio amplifiers market looks promising with opportunities in the consumer electronics and automotive industries. The global class D audio amplifier market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are growing demand for consumer electronics and smart home devices, increasing interest in in-vehicle infotainment systems in automobiles, and growth in energy-efficient technologies or components …

According to a market report by Lucintel, the future of the food anti-caking agents market looks promising with opportunities in the seasonings & condiments, bakery, dairy products, and soups & sauces applications. The global food anti-caking agents market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach grow with a CAGR of 4% from 2020 to 2025. The major drivers …

According to a new market report by Lucintel, the future of the low noise amplifier market looks promising with opportunities in the consumer electronics, telecom & datacom, military, industrial, automotive, and medical industries. The global low noise amplifier market is expected to grow with a CAGR of 14% to meet growing bandwidth demand, and development of space programs. To download report brochure, please go to https://www.lucintel.com/low-noise-amplifier-market.aspx and click "download brochure" tab from the menu In this market, various low noise …

According to a new market report by Lucintel, the future of the asset integrity management market looks promising with opportunities in the oil & gas, power, mining, and aerospace industries. The global asset integrity management market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are stringent government safety and quality control regulations, declining efficiency of aging assets, and increasing need for operational safety. To download report brochure, please go …

According to a new market report by Lucintel, the future of the interactive projector market looks promising with opportunities in the education, corporate, healthcare, and government sectors. The global interactive projector market is expected to grow with a CAGR of 22% from 2021 to 2026. The major drivers for this market are adoption of e-learning in education and corporate training, growth in electronic devices miniaturization, and development of new technology to enhance gaming experience. To download report brochure, please go …

According to a market report by Lucintel, the future of the pico projector market looks promising with opportunities in the consumer electronics, business & education, retail, and healthcare markets. The global pico projector market is expected to grow with a CAGR of 15% from 2021 to 2026. The major drivers for this market are growth in consumer electronics, incorporation of projection technology with portable electronics products, and increasing adoption of smart devices with the advent of Internet of Things (IoT). …

According to a new market report by Lucintel, the future of the cryocooler market looks promising with opportunities in the military, medical, commercial, energy & space, research and development, transport, and agriculture & mining industries. The global cryocooler market is expected to grow with a CAGR of 7% from 2021 to 2026. The major drivers for this market are raising adoption of cryocoolers in the semiconductor industry, superconducting magnets, power systems, and increasing use of cryocooler in MRI, NMR equipment, …

According to a new market report by Lucintel, the future of the grow light market looks promising with opportunities in the indoor farming, commercial greenhouse, and vertical farming applications. The global grow light market is expected to grow with a CAGR of 21% from 2020 to 2025. The major growth drivers for this market are increasing demand for indoor farming in urban areas and increasing government support towards the adoption of LED lights. To download report brochure, please go to …

According to a new market report published by Lucintel, the future of the vanilla oil market looks promising with opportunities in the cooking, pharmaceutical, chemical, perfumery, and other industries. The global vanilla oil market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing demand from food industry, growing trend for ready to eat meals, and rising skin care industry. Vanilla oils are made from fermented vanilla beans and …

According to a new market report published by Lucintel, the future of the decylene glycol market looks promising with opportunities in cosmetic and personal care applications. The global decylene glycol market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing demand for decylene glycol in the cosmetic industry for treating bacteria prone problems, like acne or body odor, and its moisturizing property by forming a transient thin film …

According to a new market report published by Lucintel, the future of the high density packaging market looks promising with opportunities in the consumer electronics, aerospace & defense, healthcare, IT & telecom, automotive, energy & utility industries. The global high density packaging market is expected to grow with a CAGR of 12% from 2020 to 2025. The major drivers for this market are favorable government regulations in the developing countries and high application in the consumer electronics segment. To download …

According to a new market report published by Lucintel, the future of the gallium nitride semiconductor device market looks promising with opportunities in the automotive., consumer electronics, aerospace & defence, healthcare, industrial & power industries. The global gallium nitride semiconductor device market is expected to grow with a CAGR of 19% from 2020 to 2025. The major drivers for this market are growth of the consumer electronics and automotive markets and increasing adoption of semiconductor device in the military, defense, …

According to a new market report published by Lucintel, the future of the orange oil market looks promising with opportunities in the food and beverage, cosmetic and personal care, home care, and other industrial applications. The global orange oil market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are rising demand for products with natural ingredients as well as increasing use of natural home care and cosmetics by consumers …

According to a new market report by Lucintel, the future of the diode mount market looks promising with opportunities in the industrial, communication, defense, and healthcare industries. The global diode mount market is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth driver for this market is the rising demand for laser diodes in industrial applications, which is identified as one of the primary growth factors for this market. To download report brochure, please …

According to a new market report by Lucintel, the future of the global lead frame market looks promising with opportunities in the consumer electronics, industrial, and automotive industries. The global lead frame market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 4% from 2020 to 2025. The major growth drivers for this market are …

According to a new market report published by Lucintel, the future of the telecom cable market looks promising with opportunities in the telecommunication infrastructure, CATV, data center, and computer networking markets. The global telecom cable market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $57.2 billion by 2025 with a CAGR of 4% to 6% from 2020 …

According to a new market report published by Lucintel, the future of the thyme oil market looks promising with opportunities in the pharmaceutical, cosmetic, food, and fragrance industries. The global thyme oil market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing demand from the cosmetics industry for skincare products coupled with thyme oil based dietary supplements and capsules, and its usage in treatment of respiratory diseases. Thyme …

According to a new market report published by Lucintel, the future of the sandalwood oil market looks promising with opportunities in the cosmetic and personal care, pharmaceutical, aromatherapy, and household applications. The global sandalwood oil market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are growing beauty consciousness among consumer, increased stress level, and shift of consumer preferences from chemical to natural products. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the epitaxy deposition market looks promising with opportunities in the integrated device manufacturer (IDMs), memory, and foundry applications. The global epitaxy deposition market is expected to grow with a CAGR of 13% from 2020 to 2025. The major drivers for this market are increasing features and applications of smart devices such as smartphones and notebooks that have created the need for high-performance semiconductor devices and introduction of memory …

According to a new market report published by Lucintel, the future of the fab material market looks promising with opportunities in the automotive and communication sectors. The global fab material market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market is the growth of the semiconductor industry. To download report brochure, please go to https://www.lucintel.com/fab-material-market.aspx and click "download brochure" tab from the menu In this market, silicon, SOI, pahotomasks, photoresist, …

According to a new market report published by Lucintel, the future of the sunflower oil market looks promising with opportunities in the food, pharmaceutical, and cosmetic industries. The global sunflower oil market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing demand from food industry for as it is good for health, rising demand from cosmetic industry for protection from various skin related issues, and fluctuating prices of …

According to a new market report published by Lucintel, the future of the flexible substrate market looks promising with opportunities in the consumer electronics, solar energy, healthcare, and aerospace & defense industries. The global flexible substrate market is expected to grow with a CAGR of 14% from 2020 to 2025. The major drivers for this market are rising demand for flexible displays from the electronics industry, Increased adoption of flexible displays in applications such as smartphones and wearable devices is …

According to a new market report published by Lucintel, the future of the vitamin E market looks promising with opportunities in the food and beverage, pharmaceutical, dietary supplements, cosmetics, animal feed, and others. The global vitamin E market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing demand of pharmaceutical supplements and functional food & beverage applications for the prevention of gastrointestinal disorders, increasing health-related concerns among consumers, …

According to a new market report published by Lucintel, the future of the bay leaf market looks promising with opportunities in food and beverage, pharmaceutical, cosmetics and personal care, and nutraceutical. The global bay leaf market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are increasing demand for consumption of herbs and spices is fuelling the demand for bay leaf, rising popularity of aromatherapy treatments among individuals, and high …

According to a new market report published by Lucintel, the future of the fatty acid market looks promising with opportunities in pharmaceutical, dietary supplement, food and beverages, cosmetics, animal feed, healthcare, agrochemicals, lubricants, and infant formula. The global fatty acid market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are increasing demand for fatty acids with innovative production technologies for heath prospects. To download report brochure, please go to …

According to a new market report published by Lucintel, the future of the grape seed extract market looks promising with opportunities in the food and beverages, personal care, nutritional supplements, pharmaceuticals, and others. The global grape seed extract market is expected to grow with a CAGR of 7.5% from 2020 to 2025. The major drivers for this market are growing demand for grape seed extract which is used as a functional ingredient that aids in weight loss, cellulite reduction, and …

According to a new market report published by Lucintel, the future of the fructose market looks promising with opportunities in beverages, processed food, dairy products, confectionery, and bakery and cereals. The global fructose market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are growing demand for low sugar foods, and rising awareness regarding ill effects of diabetes.In this market, high fructose corn syrup, fructose syrup, and fructose solids are …

According to a new market report published by Lucintel, the future of the dehydroacetic acid market looks promising with opportunities in cosmetics, medicine, personal care products, perfume and fragrance, and others. The global dehydroacetic acid market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market is increasing demand for stabilizers for cosmetic and pharmaceutical products because of its fungicide and bactericide activity as added substance for PVC-stabilizers, and for the …

According to a new market report published by Lucintel, the future of the basil oil market looks promising with opportunities in the food and beverage, cosmetics and personal, care products, home care products, therapeutic massage oil, pharmaceutical, and other industrial applications. The global basil oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for aromatherapy as it helps to reduce stress by massaging with this …

According to a new market report published by Lucintel, the future of the davana oil market looks promising with opportunities in the medical, spa and relaxation, and others. The global davana oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are growing demand as an anti-depressant and has antiseptic, and antiviral properties. These therapeutic properties of davana oil are boosting the demand in the healthcare industry. In this …

According to a new market report published by Lucintel, the future of the benzoin gum market looks promising with opportunities in industrial, food processing, cosmetics and personal care, and aromatherapy. The global benzoin gum market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing adoption of benzoin gum in personal care products and expansion of the cosmetics, and food and beverage industries. Within this market, industrial, food processing, …

According to a new market report published by Lucintel, the future of the benzyl acetate market looks promising with opportunities in flavor and fragrance, and chemical processing. The global benzyl acetate market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for benzyl acetate from the flavor and fragrance industry, rise in the industrialization, rise in investments by the leading companies, and technological advancements. In this market, …

According to a new market report published by Lucintel, the future of the guaiacwood oil market looks promising with opportunities in personal care products, fragrances, and aromatherapy. The global guaiacwood oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for guaiacwood oil in the cosmetics industry, healthcare therapies, increase in per capita income has led to consumers spending more on luxury goods and items such …

According to a new market report published by Lucintel, the future of the ginger oil market looks promising with opportunities in food and beverages, pharmaceuticals, and cosmetics. The global ginger oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are growing demand for increasing consumption of growth of natural personal care products industry, increasing demand for flavored beverages and juices, and increasing consumption of aromatherpahy applications. In this …

According to a new market report published by Lucintel, the future of the isobutyl stearate market looks promising with opportunities in lubricants, cosmetics, coatings, polishes, and others. The global isobutyl stearate market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing demand for increase in awareness related bio-esters and bio-lubricants is the key factor anticipated to drive the demand for isobutyl stearate. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the grapefruit oil market looks promising with opportunities in massage oil, aromatherapy oil, ingredient in skin and hair care products, appetite suppressant, and air freshener and deodorizer. The global grapefruit oil market is expected to grow with a CAGR of 6.5% from 2020 to 2025. The major drivers for this market are growing demand for natural ingredient products, and increasing adoption of grapefruit oil as an ingredient in …

According to a new market report published by Lucintel, the future of the cedarwood oil market looks promising with opportunities in medical, spa and relaxation, and others. The global cedarwood oil market is expected to grow with a CAGR of 3.5% from 2020 to 2025. The major drivers for this market are increasing demand for skin care products, essential properties of cedarwood oil, and sedating effect causing relief from itching by using this oil. To download report brochure, please go …

According to a new market report published by Lucintel, the future of the hexanoic acid market looks promising with opportunities in food and beverages, industrial chamicals, personal care, pharmaceuticals, and others. The global hexanoic acid market is expected to grow with a CAGR of 2%-3% from 2020 to 2025. The major drivers for this market are growing demand for rising production of personal care products, and increasing consumption of processed and packaged food products. In this market, 99% of hexanoic …

According to a new market report published by Lucintel, the future of the fenugreek seed extract market looks promising with opportunities in food, pharmaceutical, cosmetics, and others. The global fenugreek seed extract market is expected to grow with a CAGR of 13% from 2020 to 2025. The major drivers for this market are increasing demand for rising awareness regarding medical benefits of fenugreek seed extract, growing demand for energy rich food, growing demand for diversified nutritional need, changing taste and …

According to a new market report published by Lucintel, the future of the eugenol market looks promising with opportunities in perfumeries, flavorings, essential oils, medicine, plastics and rubber, production of isoeugenol, and others. The global eugenol market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are increasing demand for viewed as a key bioactive atom, which is available is flavors and has hostile to diabetic potential. To download report …

According to a new market report published by Lucintel, the future of the benzaldehyde market looks promising with opportunities in dyes and coatings, pharmaceuticals, aroma chemicals, agrochemicals, food and beverage, and others. The global benzaldehyde market is expected to grow with a CAGR of 3.5% from 2020 to 2025. The major drivers for this market are increasing demand for socio-economic development across the emerging economies, and in agricultural (agrochemicals) applications. To download report brochure, please go to https://www.lucintel.com/benzaldehyde-market.aspx and click …

According to a new market report published by Lucintel, the future of the angelica root oil market looks promising with opportunities in medical, spa and relaxation, and others. The global angelica root oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for healthy food, and expansion of the pharmaceutical industry. In this market, therapeutic grade, and others are the major product types. Lucintel forecasts that …

According to a new market report published by Lucintel, the future of the cassia essential oil market looks promising with opportunities in retailing, industrial, healthcare, and cleaning and cooking. The global cassia essential oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for associated with several health benefits such as treating diarrhea, improving of blood circulation, and being an effective anti-depressant agent. In this market, …

According to a new market report published by Lucintel, the future of the ginger extract market looks promising with opportunities in food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. The global ginger extract market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are growing demand for increasing consumption of dietary supplements, and availability of cheap raw source, and increasing consumption of natural products. To download report brochure, …

According to a new market report published by Lucintel, the future of the celery seed oil market looks promising with opportunities in food and beverages, pharmaceuticals, and personal care. The global celery seed oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for for celery oil in the cosmetics market as it is used in perfumes and other applications. In this market, organic celery seed …