Industry Market Research Essay
Global Photometer’s to 2020 – Industry Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends: Grand View Research By Gracelessness’s The global market for photometer’s is expected to reach USED 989. 8 million by 2020, according to a new study by Grand View Research, Inc. Photometer’s are widely used as additives in food products such as dairy, sausages, cold cuts, etc. One of the major drivers for the growth of photometer’s market is the favorable regulatory scenario, promoting their use in functional foods and intellectuals.
In addition, proven ability of photometer’s, to reduce cardiovascular disorders is also expected to have positive impact on market demand. Increasing prevalence of coronary heart diseases is further expected to augment the demand for photometer’s over the next six years. Food ingredients were the largest application segment for photometer’s, accounting for close to 25,000 tons of global demand in 2013. Increasing consumption of functional foods and beverages in North America and Europe and rising awareness of photometer’s in these regions is expected to play a major role in the development f the application.
Pharmaceuticals were the second largest application segment, with market demand exceeding 19,354. 0 tons in 2013. The report
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