Author: Ellie Gray

The global home cleaning products market achieved a remarkable milestone in 2021 by surpassing a valuation of US$230 billion. As the world grapples with evolving hygiene norms and environmental consciousness, this market is set to experience continued growth in the coming years. Rising Demand for Natural Cleaners Drives Market Transformation Traditionally, chemical-based cleaning products have been the go-to choice for consumers. However, a significant shift towards natural and organic cleaning solutions has gained momentum in recent years. Environmental concerns have motivated individuals to opt for eco-friendly alternatives. Technological advancements have also led to the creation of more effective and cost-efficient organic cleaning products. For instance, innovations like smart drop te...

The global gas sensors market reached a significant milestone by surpassing the $2 billion mark in the year 2021, as reported by Fairfield, a leading market research firm. The market is poised for robust growth in the coming years, driven by the critical need for ensuring the safety of human assets and the environment. Growing Imperative of Safety and Environmental Compliance In recent years, various types of gases have become essential raw materials in different industries. Ensuring effective oil and gas pipeline leak detection methods has become imperative to monitor and control gases, mitigating potential risks to property, facilities, and human lives in case of leaks. Failure to control these gases can lead to severe health hazards and leave toxic traces in the aftermath, negatively im...

The global manganese market, which achieved a valuation of approximately US$25 billion in 2020, is poised for steady growth in the coming years. Several key factors are contributing to the positive trajectory of this market, making it an attractive investment opportunity. Increasing Use in Steel Production Drives Manganese Market Growth Manganeses indispensable role in steel and iron production, owing to its deoxidising, alloying, and sulfur-fixing properties, remains a driving force behind the markets growth. According to the United States Geological Survey (USGS), manganese accounts for 80-90% of the total domestic demand in steel production. As the global steel production continues to rise, with a 3.7% increase in 2021 alone, reaching 1,950 million tons, the demand for manganese is expe...

The global chromatography software market, which registered approximately US$800 million in 2020, is set to embark on a steady growth trajectory in the coming years. Primary research findings indicate that the markets progress will be prominently driven by the expanding application base across the pharmaceutical industry. Automated Chromatography Systems on the Rise Chromatography, a vital tool used across various industries to determine mixture composition, has witnessed widespread adoption, particularly in the pharmaceutical, clinical trials, environmental, and chemical safety sectors. Researchers and biomanufacturers are increasingly turning to automated chromatography systems to simplify workflows, enhance accuracy, and reduce turnaround times, driving the growth of the chromatography ...

The global antibiotics market, valued at approximately US$40 billion in 2021, is set for a promising outlook in the coming years, driven by various factors, including the rising prevalence of bacterial infections and efforts to combat antimicrobial resistance (AMR). Rising Bacterial Infections Fuel Demand The increasing incidence of bacterial infections, encompassing respiratory infections, urinary tract infections, skin infections, tuberculosis, and more, is a significant driver of the demand for antibiotics worldwide. These infections pose a substantial global burden, causing loss of years of life and significant economic impact. For instance, urinary tract infections (UTIs) affect approximately 50% of women, and tuberculosis alone accounted for 1.4 million deaths in 2019, ranking among ...

The global saffron market is experiencing remarkable growth, driven by both cosmetic and medical advantages. In 2020, the market represented an approximate industry value of US$400 million, with promising long-term growth prospects. Perceived Health Benefits Boosting Saffron Market The rising awareness of health benefits associated with nutritious food products has led to a surge in demand among the younger generation. Lifestyle disorders stemming from poor diets, lack of exercise, and stress have underscored the importance of maintaining a healthy lifestyle. These disorders, which include diabetes, obesity, high blood pressure, mental strain, sleep disorders, and cancers, have prompted individuals, particularly millennials, to prioritize low-fat and nutritional foods. Saffron, despite its...

A recent study conducted by Fairfield Market Research reveals promising prospects for the global herbal medicine market, which is currently valued at approximately US$ 150 billion. The market is expected to experience robust double-digit growth over the coming years, driven by several key factors. Rising Use of Natural Medications to Influence Market Growth The rising awareness of the side effects associated with allopathic treatments and the efficacy of natural remedies have led to a significant uptick in the use of herbal medicines in recent years. This trend is further supported by governments worldwide expanding their herbal medicine coverage. The demand for natural products, coupled with the increasing costs of pharmaceutical drugs, is contributing to the steady growth of the herbal m...

The global olive oil market, valued at approximately US$10 billion, is poised for significant growth in the near future. Recent trends in health-consciousness and the increasing demand for nutrient-rich oils have been instrumental in propelling this market towards lucrative revenue opportunities. Rising Demand for Nutrient-rich Oils The shift towards consuming health-promoting oils has gained momentum in recent years as individuals seek to maintain wellness and combat lifestyle-related disorders. Sedentary lifestyles and stress have led to a surge in health conditions such as diabetes, obesity, and cardiovascular diseases. This has driven the preference for nutrient-rich oils like olive oil, which is high in monounsaturated fatty acids and antioxidants, promoting heart health and overall w...

The global biofuel additives market is on an upward trajectory, registering a remarkable revenue of nearly US$15 billion in 2021. A recent study by Fairfield Market Research predicts that this growth will continue steadily over the next few years. The surge in demand for biofuels and the need for biofuel additives can be attributed to the ongoing global shift toward environmentally sustainable and efficient fuel alternatives. Worldwide Clean Energy Boom to Drive Use of Biofuels and Biofuel Additives Market Efforts to discover environmentally sustainable and efficient fuel alternatives have intensified due to the depletion of fossil fuel reserves. Biofuels have gained significant traction as a cleaner and more effective source of energy compared to traditional fossil fuels. Derived from lig...

The global organic chicken market has achieved remarkable growth, reaching an approximate value of US$5 billion in 2021, and it is poised for a bright future. This growth is driven by a surge in consumer awareness of the health risks associated with synthetic additives and pesticides in food products. The demand for chemical-free food has extended to the meat-eating consumer segment, leading to a preference for antibiotic-free and organic chicken products. Growing Demand for Antibiotic-Free Chicken Fuels Market Expansion One of the key factors propelling the organic chicken market is the increasing demand for antibiotic-free chicken. Consumers are now well-informed about the benefits of organic chicken, which includes low saturated fat content, high omega-3 fatty acids, and being free from...