OMR Global, Market Research company

Recycled Glass Market is anticipated to grow at a CAGR of 6.8% over the forecast period. The key factors that drive the growth of the market include the increased trends of recycling across the globe. The industrialization has led to waste generation and large landfills of waste, which in turn, enhanced the demand for recycling of the products.  Various government initiatives and programs promoting the elimination of waste generation and increase the use of recycled materials; along with the awareness programs for cleanliness have also boosted the overall recycling of the products, thus, augmenting the recycled glass industry over the forecast period.  Besides, the use of recycled glass in a wide range of applications including abrasives, bottle & container, fiber glass, highway bead, and others also promotes market growth. Particularly, in the building & construction industry, recycled glass finds a huge application, as it is used as an aggregate together with gr...

 The  global perennial allergic rhinitis drug market  is anticipated to grow at a significant CAGR of 4.0% during the forecast period 2023-2030. The increased awareness of allergic responses around the globe is likely to fuel the growth of the perennial allergic rhinitis market. Additionally, the high quality of drugs and nasal sprays supplied by manufacturers for the treatment of chronic allergic rhinitis is predicted to fuel the growth of the market. For instance, in October 2021, Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. signed a agreement with Marinomed Biotech AG, whereby the company would gain the rights for the development, manufacture, and commercialization of Budesolv in China which is an indicated for allergic rhinitis. The signing of the license agreement will further expand the company’s product line and enhance Luoxin's competitive edge in the area of respiratory diseases. Further, in September 2021, Hikma Pharmaceuticals PLC announced the signing...

Premium Alcoholic Beverage Market  is anticipated to show at a lucrative growth at a CAGR of around 7.0% during the forecast period. An increase in the youth population, rising per capita disposable income, and innovation to the alcoholic product range are some of the major factors for the growth of the market. Moreover, shifting toward online sales channels is also providing access to the premium beverage market. The alcohol market is a mature market and as per OMR analysis, it is expected to grow at a CAGR of around 3% during the forecast period and rising demand of premium alcoholic beverage is one of the key factors for the growth of the market as it is augmenting at a CAGR of around 7.0% during the forecast period.  However, increasing preference for non-alcoholic beverages, health-related issues due to high consumption of alcohol are some of the major restraining factors for the market growth. Moreover, the impact of the COVID-19 on alcoholic consumption is also coved ...

  Phytosterols Market is estimated to grow at a CAGR of nearly 9.0% during the forecast period. Emerging demand for natural ingredients in foods, dietary supplements, and cosmetics is primarily contributing to market growth. Increasing consumers’ awareness regarding the health benefits of natural ingredients has increased the demand for plant-extract products. Plant sterols or phytosterols are plant-derived compounds that enable to lower cholesterol level. Several researches have shown that daily intake of phytosterols from plant sterol-enriched foods can significantly reduce serum low-density lipoprotein (LDL)-cholesterol. For instance, an average phytosterol consumption of 2 gram in a day reduces serum LDL-cholesterol by 8%-10%. Good sources of phytosterols in food comprise whole grains, unrefined vegetable oils, seeds, nuts, and legumes. Foods and beverages with added plant sterols are available in several countries across the globe, and some countries including the US and Eu...