Tuesday, October 31, 2023

Global Consumer Credit Market Report 2023: Market Size, Top Segments And Key Trends

The Consumer Credit Global Market Report 2023, provides comprehensive information on the consumer credit market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 


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The global consumer credit market size is expected to grow from $10.49 billion in 2022 to $11.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer credit market size is expected to reach $13.91 billion in 2027 at a CAGR of 5.6%.

 

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Product innovations are a key trend in gaining popularity in the consumer credit market. Major companies operating in the consumer credit market are focused on developing innovative solutions such as Artificial Intelligence (AI) and data analytics to strengthen their position in the market. For Instance, in November 2022, LoanDepot Inc. introduced an innovative digital home equity line of credit (HELOC). The product features a simple interface and is fast, with a timeframe of as little as seven days from application to closure. Customers may acquire a no-hassle online rate quotation in less than five minutes and pre-qualify without affecting their credit ratings. It is a unique technology platform empowered by digital tools and data. This innovative new system provides homeowners with an effective financing option for tackling inflation and increasing consumer debt with a level of electronic convenience that is not currently accessible through conventional HELOC products.

 

The consumer credit market is segmented:

1) By Service Type: Credit Services, Software And IT Support Services

2) By Credit Type: Revolving Credits, Non-Revolving Credits

3) By Issuer: Banks And Finance Companies, Credit Unions, Other Issuers

4) By Payment Method: Direct Deposit, Debit Card, Other Payment Methods

5) By Application: Individual, Enterprise, Other Applications

 

North America was the largest region in the consumer credit market in 2022.

 

The table of contents in TBRC’s consumer credit market report includes:

1. Executive Summary

2. Consumer Credit Market Characteristics

3. Consumer Credit Market Trends And Strategies

4. Consumer Credit Market - Macro Economic Scenario

5. Consumer Credit Market Size And Growth

.

27. Consumer Credit Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Consumer Credit Market

29. Consumer Credit Market Future Outlook and Potential Analysis

30. Appendix

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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Global Biometric Technologies Market Overview – Market Growth Analysis And Key Drivers

The Biometric Technologies Global Market Report 2023, provides comprehensive information on the biometric technologies market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 


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As per The Business Research Company’s Biometric Technologies Global Market Report 2023, the market size is expected to grow from $46.38 billion in 2022 to $52.85 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global biometric technologies market size is expected to grow to $87.16 billion in 2027 at a CAGR of 13.3%.

 

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Technological advancements are a key trend in gaining popularity in the biometric technologies market. Major companies operating in the biometric technology market are focused on developing innovative solutions using artificial intelligence to strengthen their position in the market. For instance, in March 2022, Touchless Biometric Systems (TBS), a Switzerland-based biometric specialist and security system supplier, introduced 3D Fly, an innovative sensor offering on-the-fly user identification. The 3D Fly sensor captures a high-resolution picture of the complete hand and extracts the biometric features of up to four fingers, which results in superior recognition performance. It uses AI-assisted hand recognition technology, combined with fast data processing, to identify a person within a second. Users can exhibit their hands during the procedure while moving near 3D Fly and past the speed gate without stopping or slowing down.

 

The biometric technologies market is segmented:

1) By Type: Contact-Based, Contact-Less, Hybrid

2) By Offering: Hardware, Software

3) By Authentication Type: Single-Factor Authentication, Multi-Factor Authentication

4) By Application: Face, Hand Geometry, Voice, Signature, Iris, Automated Fingerprint Identification System (AFIS), Non-Automated Fingerprint Identification System (AFIS), Other Applications

5) By Vertical: Government, Consumer Electronics, Military and Defense, Healthcare, Banking and Finance, Travel and Immigration, Automotive, Security, Other Verticals

 

Asia-Pacific was the largest region in the biometric technologies market in 2022.

 

The table of contents in TBRC’s biometric technologies market report includes:

1. Executive Summary

2. Biometric Technologies Market Characteristics

3. Biometric Technologies Market Trends And Strategies

4. Biometric Technologies Market - Macro Economic Scenario

5. Biometric Technologies Market Size And Growth

.

27. Biometric Technologies Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Biometric Technologies Market

29. Biometric Technologies Market Future Outlook and Potential Analysis

30. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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Betaine Market Projected Growth Rate Through 2023-2032

The Betaine Global Market Report 2023, provides comprehensive information on the betaine market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 


Learn More On The Betaine Market’s Growth:

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As per The Business Research Company’s Betaine Global Market Report 2023, the market size is expected to grow from $3.69 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global betaine market size is expected to grow to $4.84 billion in 2027 at a CAGR of 5.5%.

 

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Technological advancements are a key trend in gaining popularity in the betaine market. Major companies operating in the betaine market are focused on developing innovative and technologically advanced solutions using artificial intelligence to strengthen their position in the market. For instance, in February 2021, Libra Speciality Chemicals Ltd., a UK-based chemical manufacturer, installed modern technology to produce innovative low-salt betaines, while advancing the existing plant’s capacity from 32,000 to 50,000 tons per year. The company developed and installed a flagship, high-tech, multistage membrane system to manufacture low-salt betaine surfactants, that is fully driven by an artificial intelligence (AI) operating system and only requires one operator to fully function. According to Libra, its technology can create betaines with 0.5% or even 0.05% salt, allowing formulators to include them at 10-12% and thus, design a larger range of finished goods.

 

The betaine market is segmented:

1) By Type: Synthetic Betaine, Natural Betaine

2) By Form: Betaine Anhydrous, Betaine Monohydrate, Cocamidopropyl Betaine, Betaine Hydrochloride, Other Forms

3) By Application: Food and Beverages, and Dietary Supplements, Animal Feed, Personal Care, Detergent, Other Applications

 

North America was the largest region in the betaine market in 2022.

 

The table of contents in TBRC’s betaine market report includes:

1. Executive Summary

2. Betaine Market Characteristics

3. Betaine Market Trends And Strategies

4. Betaine Market - Macro Economic Scenario

5. Betaine Market Size And Growth

.

27. Betaine Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Betaine Market

29. Betaine Market Future Outlook and Potential Analysis

30. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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Wagyu Beef Market Overview 2023-2032 – Market Growth Analysis, Trends And Drivers

The Business Research Company’s Wagyu Beef Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Wagyu Beef Global Market Report 2023 evaluates wagyu beef market size, growth rate, drivers, trends, and major companies.

 


The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

 

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The global wagyu beef market is expected to grow from $2.18 billion in 2022 to $2.35 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wagyu beef market is expected to reach $3.07 billion in 2027 at a CAGR of 6.8%.

 

The rapid growth of the food and beverage industries is expected to propel the growth of the Wagyu beef market going forward. The food and beverage industry refers to an enterprise transforming raw agricultural materials into consumer food products, food transportation services, catering businesses, and others. Wagyu beef is consumed mainly in the food industry, as it contains high levels of fat marbling, resulting in a vibrant flavor that is best consumed in small portions. For instance, in April 2022, according to the reports shared by the Common Thread Collective, a US-based e-commerce growth agency, global food and beverage sales were $506 billion in 2022 and are expected to reach $857 billion by 2025. Furthermore, in September 2022, according to Statistics Sweden, a Sweden-based government agency, food and beverage sales in 2021 were $30.74 billion (SEK 334 billion), an increase of 2.9%, or $8.28 billion (SEK 9 billion), from 2020. Therefore, the rapid growth of the food and beverage industries is driving the growth of the Wagyu beef market.

 

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The wagyu beef market segments in the report are:

1) By Type: Wagyu And Kobe, Crossbreeding, 100% Fullblood Wagyu

2) By Distribution Channel: Online Stores, Retail Stores

3) By Application: Direct To Human Consume, Industrial Use

 

The table of contents in TBRC’s wagyu beef market report includes:

1. Executive Summary

2. Wagyu Beef Market Characteristics

3. Wagyu Beef Market Trends And Strategies

4. Wagyu Beef Market - Macro Economic Scenario

5.Global Wagyu Beef Historic Market Size and Growth

.

32. Global Wagyu Beef Market Competitive Benchmarking

33. Global Wagyu Beef Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Wagyu Beef Market

35. Wagyu Beef Market Future Outlook and Potential Analysis

36. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

 

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Global Bromine Derivatives Market Overview – Market Growth Analysis And Key Drivers

The Bromine Derivatives Global Market Report 2023, provides comprehensive information on the bromine derivatives market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 


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The global bromine derivatives market size is expected to grow from $4.63 billion in 2022 to $4.89 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bromine derivatives market size is expected to reach $5.99 billion in 2027 at a CAGR of 5.2%.

 

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Product innovation is a key trend in the bromine derivatives market. Major companies operating in the bromine derivatives market are focused on developing innovative solutions to strengthen their position in the market. For instance, in September 2022, De Nora, an Italy-based company specializing in electrochemistry, launched MIOX Bromine Oxidant Solution System. This bromine production system enhances processes for treating water with high ammonia or pH concentrations, which is crucial for cooling tower applications. The chlorine-based solution generated by the on-site generator is changed into a bromine-containing solution by MIOX BOSS using an activator solution that contains bromide. Its primary use is for cooling towers, where owners frequently implement an alkaline treatment program to reduce cooling tower corrosion. MIOX generators create oxidizing solutions using three readily available consumables: water, salt, and electricity.

 

 

The bromine derivatives market is segmented:

1) By  Derivative: Sodium Bromide, Calcium Bromide, Zinc Bromide, TBBPA, DPDPE, Other Derivatives

2) By Application: Flame Retardants, Safety Apparel, Organic Intermediates, Oil and Gas Drilling, Biocides, PTA Synthesis, Other Applications

3) By End Use: Chemical, Construction, Oil and Gas, Pharmaceuticals, Electronics, Other End Users

Asia-Pacific was the largest region in the bromine derivatives market in 2022.

 

The table of contents in TBRC’s bromine derivatives market report includes:

1. Executive Summary

2. Bromine Derivatives Market Characteristics

3. Bromine Derivatives Market Trends And Strategies

4. Bromine Derivatives Market - Macro Economic Scenario

5. Bromine Derivatives Market Size And Growth

.

27. Bromine Derivatives Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Bromine Derivatives Market

29. Bromine Derivatives Market Future Outlook and Potential Analysis

30. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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Botanical Extracts Market Projected Growth Rate Through 2023-2032

The Botanical Extracts Global Market Report 2023, provides comprehensive information on the botanical extracts market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 


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As per The Business Research Company’s Botanical Extracts Global Market Report 2023, the global botanical extracts market size is expected to grow from $5.99 billion in 2022 to $6.54 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global botanical extracts market is expected to reach $9.37 billion in 2027 at a CAGR of 9.4%.

 

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Product Innovation is a key trend gaining popularity in the botanical extracts market. Major companies operating in the market are developing extracts with increased bioavailability. For instance, in September 2022, Layn Natural Ingredients, a China-based manufacturing company that provides innovative natural and functional botanical extract ingredients, launched bio+Quercitrin, which is a highly bioavailable form of Quercetin for nutraceutical use. Bio+Quercitrin is distinguished by the fact that it is a potent antioxidant flavonoid that scavenges free radicals and decreases oxidative stress. Since it has a ribose molecule connected to it, Layn's bio+Quercetin is six times more absorbable and permeable in the small intestine than conventional Quercetin. In addition to replacing regular Quercetin, Layn bio+Quercitrin is a stable, soluble, and bioavailable form that works well as a stand-alone supplement or in formulas for human and pet health.

 

The botanical extracts market is segmented:

1) By Technology: CO2 Extraction, Solvent Extraction, Steam Distillation, Enfleurage, Other Technologies

2) By Source: Spices, Herbs, Flowers, Leaves, Other Sources

3) By Form: Liquid, Powder, Semi-Solid

4) By Application: Food and Beverages, Pharmaceutical and Nutraceutical, Cosmetics

 

North America was the largest region in the botanical extracts market in 2022.

 

The table of contents in TBRC’s botanical extracts market report includes:

1. Executive Summary

2. Botanical Extracts Market Characteristics

3. Botanical Extracts Market Trends And Strategies

4. Botanical Extracts Market - Macro Economic Scenario

5. Botanical Extracts Market Size And Growth

.

27. Botanical Extracts Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Botanical Extracts Market

29. Botanical Extracts Market Future Outlook and Potential Analysis

30. Appendix

 

Learn About Us: 
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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Assistive Technologies For Visually Impaired Market Expansion 2024-2033: Growth Drivers and Dynamics

The assistive technologies for visually impaired global market report 2024 from The Business Research Company provides comprehensive market ...