Infant Milk Formula Market in Middle East and North Africa : GCC is expected to be the fastest growing market

The infant milk formula market in the MENA region is mainly driven by factors such as increasing number of working women and rising popularity of infant formula, coupled with the rapid economic growth witnessed in the region. However, factors such as rising per unit prices of infant formula and high volatile raw material prices, coupled with changing consumer preferences towards local brands that manufacture cost effective products, are some of the major factors expected to restrain the growth of the market during the forecast period. The MENA infant milk formula market is anticipated to expand at a CAGR of 13.5% in terms of revenue from 2015 to 2021, to account for US$ 4,219.3 Mn by 2021.

According to the latest market report published by Persistence Market Research, titled “Middle East and North Africa (MENA) Market Study on Infant Milk Formula: Driven By Increasing Consumer Awareness of Healthy Nutrients,” the mena infant milk formula market is estimated to be valued at US$ 1,976.3 Mn by the end of 2015 and is anticipated to expand at a CAGR of 13.5% from 2015 to 2021, to account for US$ 4,219.3 Mn by 2021.

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The infant milk formula market is segmented on the basis of the region into GCC, North Africa and the Rest of Middle East. The GCC market is expected to be the highest contributor to the overall MENA market in terms of value share, followed by North Africa, by 2015 end. GCC is expected to be the fastest growing market over the forecast period (2015–2021). The growth of the GCC infant milk formula market is primarily attributed to the high presence of foreign infant milk formula manufacturers and rapid economic development in the region. Moreover, the rise in the number of drugstores is also expected to support the growth of the infant milk formula market in the MENA region. The GCC market is expected to account CAGR of 13.8% in terms of value over the forecast period. The rest of the Middle East market is expected to witness moderate growth over the forecast period, accounting for 14.1% value share of the overall market, and is expected to register a moderate CAGR of 13.5% in terms of value over the forecast period (2015–2021). An increasing number of working women and rapid economic development are the major factors expected to drive the growth of the infant milk formula market in the region.

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The report provides detailed information about various market trends and offers analysis and insights into the potential of the infant milk formula market in the MENA region. Furthermore, the infant milk formula market is segmented on the basis of type into starting milk formula, follow-on milk formula, and toddlers milk formula. The starting milk formula segment is expected to be the highest contributor to the MENA market in terms of value share, followed by the follow on milk formula segment by 2015 end. The starting milk formula segment is expected to be the fastest-growing segment of the overall market over the forecast period (2015–2021). The segment is expected to expand at a CAGR of 13.9% over the forecast period in terms of revenue. The follow-on milk formula segment is expected to witness moderate growth over the forecast period. The segment is expected to register a moderate CAGR of 13.3% in terms of value over the forecast period (2015–2021).

Dental Implants Market : Institut Straumann AG is the Leading players
SEPTEMBER 28TH, 2016 PERSISTENCE MARKET RESEARCH PVT. LTD. RELEASES
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Dental-Implants-Market1In its latest report, Persistence Market Research studies the overall growth trajectory of the global dental implants market. This is a comprehensive report presenting pertinent information and key insights into the factors driving and restraining the global market for dental implants. Based on in-depth research, the report pegs the value of the global dental implants market at US$4.5 bn in 2014. Rising at a CAGR of 9.70%, the market is expected to reach an estimated value of more than US$7.8 bn by the end of 2020. The report is titled “Global Market Study on Dental Implants – Asia Pacific to Witness Fastest Growth by 2020,” and is available on the company website for sale.

The escalating geriatric population worldwide has been identified as the key growth driver for the dental implants market. Furthermore, the rising demand for cosmetic surgery also augments the market’s growth. While over the last few years, the dental implants market has progressed impressively around the world, the high cost of dental implant surgery for cosmetic intervention still inhibits the market’s growth in countries such as the U.S and the U.K. Nevertheless, the rising medical tourism in emerging regions is significantly aiding the dental implants market in developing countries such as India, Hungary, Malaysia, and Costa Rica.

Browse the full Global Market Study on Dental Implants – Asia Pacific to Witness Fastest Growth by 2020 report @ http://www.persistencemarketresearch.com/market-research/dental-implants-market.asp

Furthermore, the report cites limited reimbursement facilities for dental implant surgeries as a key factor restraining the market’s growth on a global front. Nevertheless, introduction of the latest technologies such as 3D imaging, computer aided design or CAD, laser dentistry, nanotechnology, mini dental implant, and sedation dentistry will improve the overall standard of dental surgical procedures. The emergence of these technologies is likely to fuel the demand from the global dental implants market.

Among the key regional market segments, Europe has emerged as the largest market for dental implants globally. The increasing clinical adoption of dental implants therapy and the introduction of the latest technological advances in the region have been boosting the dental implants market in Europe. Some of the rapidly developing markets for dental implants in Europe identified in the report include Germany, France, and the U.K. On the basis of the material used in the implant, the titanium implants segment leads the global dental implants market at present, and the segment is anticipated to exhibit the fastest CAGR at 9.80% during the 2014-2020 period, states the report.

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Apart from Europe, players in the dental implants industry have found a lucrative market in North America as well. The growing geriatric population in the region, coupled with increasing demand for cosmetic surgeries in the region, is boosting the demand for dental implants in North America. As reported by the ADHA (American Dental Hygienists’ Association), almost 75% of the American adults were suffering from some form of gum disease or other in 2008. Over the years, this number has only increased, amplifying the demand for advanced dental surgeries and dental implants.

Asia Pacific, according to the report, is expected to demonstrate the fastest CAGR during the forecast period. Growing awareness regarding dental health and growing medical tourism will aid the growth of the dental implants market in the region, states the report.



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