Pipeline

The employee benefits market is expected to grow at a CAGR of 4.5% from 2024 to 2030. North America accounts for the largest share of the category. The increased competition among employers to hire and retain talent along with increasing focus on maintaining work-life balance among employees are driving category growth. Major corporations are employing various strategies, such as mergers and acquisitions, strategic partnerships and contracts, and the development, testing, and release of new products. For instance, in August 2023, TA Associates and Warburg Pincus to expand its role as a pan-European leader in digital employee benefits solutions purchased Epassi Group, a provider of employee benefits. Companies often provide employees with lunch and breakfast coupons so they may easily purchase meal packages. Employee meal cards will be in demand because of this aspect. Additionally, the prevalence of job-hopping is rising, which is driving up demand for goods like meal cards and employ...

The vaccines category is anticipated to grow at a CAGR of 4.7% from 2023 to 2030. They can be classified mainly into six types - Live-attenuated, inactivated, sub-unit, toxoid, viral vector, and messenger RNA (mRNA) vaccines. Among these, the mRNA sector held the largest share of 39% in 2022. The growth of the category is mainly attributed to the rising requirement for effective immunization, increasing R&D investments coupled with technological advancements, and a wider accessibility of the product especially in lower-income countries. In recent times, the emergence of new COVID variants and other infectious diseases such as “Disease X”, Nipah virus, Ebola, Crimean-Congo Hemorrhagic Fever, Rift Valley Fever (RVF), etc. are further boosting the product demand. The Developing Country Vaccine Manufacturers (DCVMs) play a crucial role in supplying more than 50% of the vaccines utilized in immunization programs of developing nations. The DCVM is a voluntary alliance comprised of 40 va...

 The global  lab equipment  category is anticipated to witness growth at a CAGR of 7.62% from 2023 to 2030. In 2022, the North America region accounted for 38% of the market share followed by Asia-Pacific and Europe. Some of the major factors propelling the industry's growth in the Asia Pacific region include the growing number of clinical research organizations (CROs) and life science research & development activities, along with the growing presence of prominent market participants in developingrising nations like India and China. The region is well known for being among the first to adopt automated systems, advanced diagnostic platforms, and molecular diagnostic techniques, among other cutting-edge laboratory technologies. In terms of product segmentation, general laboratory equipment holds the largest revenue share of 31.07%, dominating the category. The segment is anticipated to maintain its dominance over the course of the projected timeframe as well. A wide ran...

The clinical logistics category is expected to grow at a CAGR of 7.5% from 2023 to 2030. The North American region accounts for the largest category share. The surge in the number of clinical trials, increase in research and development practices of advanced health care infrastructure, the existence of biotech organizations, and worldwide drug discovery are driving the market growth. Asia Pacific region is expected to grow at a lucrative rate of 8.1% CAGR in the forecasted period. Factors such as medical transportation, distribution, warehousing, inventory control, increasing R&D, and technological advancements such as Big data, AI, Blockchain, and IoT are driving the growth of the category. One of the key trends is the increasing number of medical care suppliers and contract research organizations in the category. Developed digital technologies such as IoT, blockchain, barcoding, and RFID have emerged a lot after covid-19 pandemic which has allowed biopharmaceutical companies to ...

The nitrogen category is anticipated to witness growth at a CAGR of 9.9% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America and Europe. In the upcoming years, North America's share in the global market is anticipated to rise steadily, holding a substantial position in the industry. The region showcases a significant presence in food & beverage, pharmaceutical, oil & gas, and manufacturing sectors which yields high demand for the products offered in the category, for applications in inerting, purging, and blanketing. The United States and Canada are some of the key countries generating demand due to their developed industrial infrastructure and cutting-edge technological innovations. In addition, countries such as the Netherlands, the United Kingdom, France, and Germany are the top markets in Europe. Future growth of the category is expected to be aided by the expanding population and growing need for crop yield. Nitrogen, a vital compo...

The adhesives category is anticipated to grow at a CAGR of 6% from 2023 to 2030. The Asia Pacific region accounted for 41% of the total category share in 2022. Rising construction activities, and the increasing demand from end-user industries such as automotive, electronics, construction, and packaging are driving the growth in this category. One of the major developments is the rise in demand for specialized adhesives used in intricate product manufacturing. Water-based adhesives are becoming increasingly popular in the adhesives category due to their environmental benefits. They emit fewer volatile organic compounds (VOCs) than solvent-based products, and they are also less flammable. Solvent-free adhesives, which contain less than 5% of hazardous solvents, are another environmentally friendly product. Companies are focusing on developing bio-based products to meet the growing demand. For instance, in November 2022, Bostik (Arkema Group) launched two new label adhesives in India to ...

The industrial gases category is anticipated to witness growth at a CAGR of 7.42% from 2023 to 2030. In 2022, Asia Pacific accounted for 37% of the market share followed by North America and Europe. With a majority share in North America, the United States is anticipated to continue its dominance throughout the forecast duration. Due to the existence of numerous significant industrial gas suppliers, including Linde, Air Liquide, Messer, and Air Products & Chemicals, the United States has emerged as one of the leading users of industrial gases. The U.S. market for industrial gases is anticipated to rise as a result of the country's expanding healthcare sector and the increased R&D resulting from the recent COVID-19 pandemic. In terms of the form of distribution, the cylinder segment held a major revenue share in 2022. It is the distribution method that customers choose the most. Independent gas distributors engage in this form of distribution by acquiring gas from producers...