JD Sports Extends Sneakers Footfold With $325 Million Swoop On Shoe Palace
Nonetheless, demand for athletic footwear remains robust, and the U.S. represents the largest market in the world. By 2025 the global market is expected to reach a value of $95 billion, growing at a CAGR of 5.1% according to Grand View Research. Credence Research puts sneaker growth between 2019 and 2027 at 6.8% CAGR.
Related Report:Global Leather Sneakers Market By Closure Type (Lace Up, Zipper, Slip-on, and Others), By Sole Material (Rubber, Polyurethane, Leather, and Others) Growth, Future Prospects & Competitive Analysis, 2016 – 2030
DNA Ancestry Test Kits Are Hot Holiday Gifts Despite Privacy Concerns From Some
The direct-to-consumer genetic testing market, which includes more than just ancestry-focused tests, was expected to grow from about $70 million in 2015 to $340 million by 2022, according to a report from Credence Research.
Related Report:Direct-To-Consumer (DTC) Genetic Testing Market By Product (Pharmacogenetics Tests, Carrier Screening Tests, Genetic Health Risk (GHR) Tests, Cancer Predisposition Tests, Low-Risk General Wellness Tests, Ancestry Tests); By Technology (Single Nucleotide Polymorphism Chip, Whole Genome Sequencing); By Sample (Saliva, Urine, Blood); By Sales Channel (Institutional Sales, Hospitals, Specialty Clinics, Diagnostic Laboratories, Others, Retail Sales, Retail Pharmacies, Online Sales) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Europe’s Green Horizon For Medical Cannabis And Hemp
Europe’s cannabis sector is undergoing a profound transformation—one driven by evolving regulations, changing social attitudes, and rising institutional investor interest. Germany, as the continent’s largest economy, stands at the heart of this transition, leading a dual trajectory in both medical cannabis and industrial hemp.
Ponzi scheme, anyone?
Source: Credence Research. Among the domestic houses that are making inroads against UTI is the billionaire Birla family’s Birla Global Finance. India’s largest private sector fund manager, it has 14 sales offices around the country. Focusing on the high-technology, pharmaceutical and consumer goods industries, shares in Birla’s Advantage Fund more than doubled in value in the 12 months to Mar. 31. The Bombay Sensitive Index skidded 17% over that same period.
Related Report: Multi-Tenant Data Centers Market By Investment Strategy (Equity Strategy, Fixed Income Strategy, Multi-Asset/Balanced Strategy, Sustainable Strategy, Money Market Strategy, Others); By Type (Open-ended, Close-ended); By Distribution Channel (Direct Sales, Financial Advisor, Broker-Dealer, Banks, Others); By Investment Style (Active, Passive); By Investor Type (Retail, Institutional) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How AI In Medical Writing will Save Money And Speed Market
There’s certainly plenty of market to go at. The market for AI In medical writing was worth $685 million last year, according to Credence Research, but will grow to $1.58 billion by 2032, it estimates.
Through Her Massive Audience She Seeks To Make The World More Inclusive
In recent years more designers have focused on inclusivity and diverse bodies. Studies like one from Credence Research report that more than 67% of women in the United States wear a size 14 or above. It is said that the clothing market is a $288 industry for plus-sized women.
Fashion Meets Technology: Inside TheArsenale’s Segway Collaboration
TheArsenale has made its first delivery to Bahrain, marking a significant milestone in its expansion into the Middle East’s burgeoning luxury vehicle market. According to Credence Research, the UAE’s luxury car sector alone is set to more than double from $4.1 billion in 2023 to nearly $9 billion by 2032.
Accessibility & Diversity At New York Fashion Week: Here Are The Brands Critics Say Are Doing It Right
Credence Research, a market research and counseling firm, valued the global plus-size women’s clothing market at $195 billion in 2021 with an estimated $322 billion value by 2030.
DNA Ancestry Test Kits Are Hot Holiday Gifts Despite Privacy Concerns From Some
The direct-to-consumer genetic testing market, which includes more than just ancestry-focused tests, was expected to grow from about $70 million in 2015 to $340 million by 2022, according to a report from Credence Research.
Industry 4.0: proofs of concept dedicated to predictive maintenance
According to a report published by Credence Research1, the global predictive maintenance market was estimated to be worth 2.9 billion dollars in 2018, and expected to develop with an average annual growth rate of 28.5% until 2027
Marketing to young Muslims: how brands are waking up to this change-making consumer group
The Halal cosmetics market is forecast to be worth $58.4bn by 2025, and it is younger Muslim consumers driving this growth, according to new research published by Credence.
Blasphemous, appropriative, and wildly popular: the rise of the celebrity prayer candle
According to a Credence Research report from 2016, votive candles make up 22 percent of the global candle market.
Could At-Home Genetic Test Kits Be Illegal?
Credence Research, Inc. found the direct-to-consumer genetic testing market is booming. In 2017, the market was valued at more than $117 million, and it is expected to reach a value of more than $611 million by 2026.
DIGITAL HEALTH BRIEFING: Novartis, Pear Therapeutics partner to improve digital offerings – Heart app saved Johns Hopkins over $200K – Medical logistics platform raises $5M
The firm’s likely hoping to capitalize on a significant opportunity – the global direct-to-consumer genetic testing market is projected to grow at a compound annual growth rate of 20%, from $117 million in 2017 $ 611 million by 2026, according to Credence Research.
The DNA Test That Tells You What Not to Eat
It’s a burgeoning market that Credence Research Inc. predicts will generate $340 million by 2022 from $70.2 million in 2015.
The No. 1 feature consumers want from the iPhone 8
Bad battery life often means adding a battery case, and worrying about a cracked screen has turned phone cases into a $12 billion industry annually and growing.
How Chatbots Are Transforming Insurance – Eight Examples
The consumer shift towards these platforms presents a huge opportunity for businesses. Seizing that opportunity will require the use of chatbots. Analysis from Credence Research projects that the chatbot market is on the verge of exponential growth.
Conversational AI – SAPsv NOW Innovation Showcase
Chatbots are clearly gaining popularity and the numbers prove it. The global Enterprise chatbot market was valued at US$88.3 million in 2015. This number is expected to grow exponentially over the next decade, according to a study published by Credence Research. Read More
Related Report: Global Chatbots Market To Witness Exponential Growth By 2023
Want to know more about your family? DNA testing kits bring their own forms of baggage
Still intrigued by the idea of testing your DNA? You’re not alone; predictions say the consumer genetic testing market will be worth $340 million in the next four years. Read More
Underground mining equipment market to reach US$30.5 billion by 2023
Global underground mining equipment will reach US$30.5 billion by 2023 according to a market research study published last month by Credence Research. Read More
From Rust to Riches: Classic Cars Are Gaining Serious Speed
Classic cars are having more than just a moment — they’re gaining real momentum. According to a new report from Credence Research, the global market for vintage and heritage vehicles is expected to nearly double in value, going from $39.7 billion in 2024 to $77.8 billion by 2032.
The Therapeutic Potential of Pharmacologically Active Cannabinoids
In the latest market report published by Credence Research, Inc., the osteoarthritis treatment market was valued at US$5 billion in 2015. Read More
Torrid Holdings Readies $156 Million U.S. IPO
According to a 2018 market research report by Credence Research, the global market for plus-sized women’s clothing was an estimated $165 billion in 2017 and is forecast to reach $243 billion by 2026.
The Epoch Times
The online content filtering market is tipped to hit $3.8 billion USD by 2022, according to an industry report. Read More
Related Report: Web Content Filtering Market By End User (Business Organizations, Schools and Institutions, Federal and Government Agencies, Others), Filtering Technique (URL, IP, DNS, Keyword, File Type Filtering, Others) – Growth, Share, Opportunities And Competitive Analysis 2015 – 2022
The growing push for size inclusivity in fashion faces some obstacles
The global plus-size women’s clothing market is expected to reach “a market value of over $264.4 billion in 2027, while the cumulative growth opportunity […] over the forecast period is $1570 billion,” according to Credence Research.
Down 25% in 2021, Is Compass Pathways Undervalued?
Let’s take a look at a quick calculation to get an idea for the share prices that a future COMP360 approval for TRD might support. Per a report by Credence Research, the global market for TRD therapies will be worth $1.39 billion by 2027.
Related Report: Treatment Resistant Depression Treatment Market By Drug Type (NMDA, Antidepressants, Antipsychotics, Others); By Distribution Channel (Hospital Pharmacies, Drug Stores & Retail Pharmacies, Online Pharmacies) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
THE PLUS-SIZE
MARKET
The plus-size market became recognized in 1904, when
Lane Bryant open its doors to the public becoming the first
exclusively plus-size retailer. Later, in the 1980’s, “plussize” became the designated descriptor for 14+ sizes.
Today, more brands including Ralph Lauren, Talbots, H&M,
Anthropologie, and young designers such as Zac Posen and
Christian Siriano are embracing and working to cater the
plus-size market.
Tech Company Accused of Helping Oppressive Regimes Crack Down on Free Speech
While consumer-facing network operators in offending countries can manually configure their systems to block specific websites or applications, “the task can be time-consuming, complicated, and ineffective,” the report reads. So Internet filtering companies like Netsweeper offer do this for them, at a potentially great profit. The online content filtering market is tipped to hit $3.8 billion USD by 2022, according to an industry report.
How rightsholders can maximise revenue with corporate hospitality in sports
The market for premium experiences at live sport continues to grow. While exact figures vary, reports suggest that corporations globally spend billions each year on sports hospitality, seeking to entertain clients, reward staff, and network in an environment far removed from boardrooms. According to Credence Research, the global sports hospitality market can be valued at $16–17 billion in 2024, with forecasts projecting it will reach $85 billion by 2032.
The rise of portable fans is cute, convenient, and a bit of a bummer
This isn’t just my personal observation from the floor of a variety of admittedly sweaty conventions and the depths of TikTok recommendations — climate change is here, and $10 portable fans are trending. According to market research consulting company Credence Research, the portable fan market is projected to grow from $558.92 million in 2024 to $979.16 million by 2032.
Related Report: Portable Fan Market By Product Type (Handheld Fans, Desk Fans, Tower Fans, Clip-On Fans, Personal Cooling Fans); By Technology (Battery-Operated Fans, USB-Powered Fans, Smart Portable Fans, Energy-Efficient Fans, Low-Noise Fans, Multi-Speed Fans); By End-User (Residential, Commercial, Industrial); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Gift cards’ true value: A post peak season inventory rush
Gift cards in the U.S. brought in an estimated $314.35 billion in 2017, and the market is estimated to increase to $750 billion by 2026 internationally, using a 10.1% compounded annual growth rate, according to Credence Research.
Related Report: Gift Cards Market By Material Merchant Type (Restaurants, Department Stores, Grocery Stores, Supermarkets/Hypermarkets, Discount Stores, Coffee Shops, Entertainments, Salons/Spa, Book Stores, Home Décor Stores, Gas Stations, Visa/Master Card/American Express Gift Cards, Others) By Merchant Type (Universal Accepted Open Loop, Restaurant Closed Loop, Retail Closed Loop, Miscellaneous Closed Loop, E-Gifting) By End User – Growth, Future Prospects and Competitive Analysis, 2022 – 2030
Người tiêu dùng chuyển dịch nhu cầu mua điều hòa
Theo báo cáo từ Credence Research, thị trường điều hòa Việt Nam đang trên đà tăng trưởng, với quy mô ước tính hơn 1,4 tỷ USD năm 2024, dự báo có thể đạt gấp đôi vào 2032, dẫn dắt bởi dòng sản phẩm chú trọng công nghệ, sức khỏe và thân thiện môi trường.
Sports hospitality trends: global market value to reach $74.32 billion by 2036
The global sports hospitality market is on a sharp growth trajectory, according to a new report published by Credence Research. Valued at US$8.35 billion in 2018, the market expanded to US$15.23 billion in 2024 and is projected to reach US$74.32 billion by 2036, registering a compound annual growth rate (CAGR) of 14.12%.
Strategic HR Analytics: Driving Business Performance
Using HR analytics can transform how HR operates, provide new insights and allow HR to actively and meaningfully contribute to business performance. It has been forecast that the global HR analytics market will grow at a compound annual growth rate (CAGR) of 12.8% from 2019 to 2027 (Credence 2019)
Related Report: HR Analytics Market By Solution (Employee Engagement & Development, Payroll & Compensation, Recruitment, Retention, Talent Analytics, Workforce Planning, Others); By Service (Implementation & Integration, Support & Maintenance, Training & Consulting); By Deployment (Hosted, On-premise); By Enterprise Size (Large Enterprise, Small & Medium Enterprise [SME]); By End-use (Academia, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Helping Plus-Size Brides Feel ‘Seen and Heard’
Back then, there were few magazines or advertising visuals for plus-size brides to connect with, she said, even though in the fashion industry, sizes 14 and up, which are considered plus-size, include approximately 67 percent of American women, according to Credence Research’s 2023 report on the United States plus-size women’s clothing market.
Related Report: U.S. Plus Size Women’s Clothing Market By Product Type (Casual Wear, Formal Wear, Sports Wear); By Age Group (Below 15 Years, 15-24 Years, 25-45 Years, 46-60 Years, Above 60 Years); By Distribution Channel (Online Retailers, Super Markets & Hyper Markets, Specialty Stores) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Smart Oil Fields, a Reservoir of Emerging Technologies
According to a recent marketing report published by Credence Research, the Global Big Data Services Market for the Oil and Gas Industry is expected to reach $33.5 billion by 2023. A typical modern offshore oilfield has over 10,000 sensors pumping peta bytes of data per day forming deeply intertwined cyber-physical systems that rely increasingly on algorithms and robotics. As sensor technology becomes cheaper and wireless, there is a premium on the ability to extract and manage large volumes of data in real time. Enter artificial intelligence.
Related Report: Big Data Services Market By Service Type (Consulting Services, Data Integration and Management Services, Data Analytics and Insights Services, Data Visualization Services, Data Science and Machine Learning Services, Data Security and Governance Services, Managed Big Data Services, Training and Support Services, Cloud-based Services); By End-User (Enterprises, Small and Medium-sized Enterprises (SMEs), Government and Public Sector, Academic and Research Institutions); By Industry Vertical (Retail and E-commerce, Healthcare and Life Sciences, Banking, Financial Services, and Insurance (BFSI), Manufacturing and Logistics, Telecommunications and Media, Energy and Utilities, Transportation and Logistics, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
El turismo en México está viviendo no sólo un cambio de destinos, sino de conciencia
Este modelo de turismo está creciendo de forma constante en México. De acuerdo con Credence Research, firma internacional especializada en estudios de mercado, el segmento de turismo sostenible en nuestro país pasará de generar 48.7 millones de dólares en 2024 a 74.8 millones en 2032, reflejando una tendencia de expansión y especialización.
Related Report: Mexico Sustainable Tourism Market By Product Type (Eco-Friendly Accommodations, Responsible Tour Operators, Community-Based Tourism Initiatives, Eco-Adventure Travel, Sustainable Transportation Services, Green Travel Packages); By Design (Digital Platforms and Apps, Eco-Certification Programs, Sustainable Travel Marketing Solutions, Hybrid Travel Packages) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Microalgae biomass as an alternative ingredient in cookies: Sensory, physical and chemical properties, antioxidant activity and in vitro digestibility
Moreover, other companies are starting to pay attention to this area and according to Credence Research Report [4] the international algae products market is expected to reach US$ 44.7 billion by 2023, growing at a compound annual growth rate of > 5.0% in the 2016–2023 period. Nutraceuticals dominate the algae products market followed by Food & Feed applications [4].
The future of Indian retail is AI and omnichannel: A preview from ET Soonicorns Summit 2025
In fact, the Indian market reflects this global trend with a unique intensity. The AI in the Indian retail market is projected to skyrocket from USD 216.26 million in 2023 to nearly USD 2.97 billion by 2032, per data released by Credence Research. This is propelled by the insatiable demand for personalised shopping.
Related Report: India Artificial Intelligence in Retail Market By Component (Solution, Services); By Business Function (Marketing & Sales, Human Resources, Finance & Accounting, Operations, Cybersecurity); By Technology (Machine Learning, Natural Language Processing, Chatbots, Image and Video Analytics, Swarm Intelligence); By Sales Channel (Omnichannel, Brick and Mortar) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How Mexico is Set to Join France, Spain, US, and Turkey, Beating
Italy in Tourism Rankings Within the Next Five Years: New Update
Additionally, new eco-friendly destinations are being developed in places like Nayarit and Baja California Sur, where investments are being made in local infrastructure and conservation projects.Mexico’s commitment to sustainable tourism is paying off. According to Credence Research, the country’s sustainable tourism industry could generate $74.8 billion by 2032.
Turismo mexicano con visión global a la conquista de mercados internacionales
Cifras de Credence Research, firma internacional especializada en estudios de mercado, señalan que el segmento de turismo sostenible para México generará 74 mil 800 millones de dólares en 2032, reflejando una tendencia de expansión y especialización.
Más que sol y playa, se busca la conexión y autenticidad
La empresa especializada en estudios de mercado, Credence Research, encontró que el segmento de turismo sostenible en el país generó 48.7 millones de dólares en 2024 y calcula que atraiga 74.8 millones para 2032, lo que mostrará la expansión de un segmento sin playas.
“Healthy skin instead of white skin” … India MZ in K Beauty
According to the market research institute Credence Research, the K-beauty market size in India is estimated at about US$4658 million (about US$562.3 billion) by 2023. It is expected to grow to $9593 million by 2032 billion. The average annual growth rate is 10 per cent.
An expert guide to buying spices
Credence Research says interest in spices is being driven by a demand for diverse and exotic flavours, experimentation, and a shift towards natural, whole foods, and cooking from scratch.
Related Report: Dependable and Unbiased Industry Market Research Reports
Legal Risk Management in the Digital Age
Recent advances in technology have accelerated the pace of digital transformation across industries, and legal services are no exception. The introduction of automation, artificial intelligence, and advanced analytics is enabling legal professionals to streamline workflows, optimize time-intensive tasks, and make data-driven decisions while reducing the risk of errors.
Piwik PRO Launches UAE Data Centre to Support MENA Customers
In 2024, the United Arab Emirates (UAE) Internet Data Centre (IDC) market was valued at almost USD $250m and is projected to double in 2032, growing at a CAGR of 10.46%.1 The rapid growth of UEA as a data centre hub is fuelled by digital and AI transformation, progressive government initiatives, and rising demand for cloud computing and data sovereignty.
K-Beauty ‘Anua’ Claims No. 1 in Japan… Surpassing Local Brands with ‘Stockpiling’ Popularity
The market size is also expanding rapidly. According to data from the Japan Cosmetic Import Association (CIAJ), the import value of Korean cosmetics in Japan reached 36.04 billion yen (approximately 338.5 billion won) in the first quarter of this year, a staggering 22.9% increase compared to the same period last year. Credence Research in Japan forecasts that the Korean cosmetics market in Japan will grow at an average annual rate of 8.28% by 2032, expanding to a size of 177.21 million dollars.
Informa Markets Announces Landmark Move: ProPak Asia 2026 to Relocate to IMPACT Muang Thong Thani
According to Credence Research, a global market research and consulting firm, the value of the global food and beverage market is projected to grow from USD 6.2 trillion in 2024 to nearly USD 9.8 trillion by 2032. Key driving forces include shifting consumer behaviors, increasing demand for convenience and ready-to-eat foods, and a rising focus on health.
Related Report: Tray and Sleeve Packing Machines Market By Machine Type (Automatic, Semi-Automatic, Manual); By Application (Food and Beverage, Pharmaceuticals, Cosmetics, Consumer Goods, Others); By End-User (Manufacturing, Packaging, Logistics, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
India’s Headlines Got Worse, The Investment Case Got Better
From a market perspective, this moment may represent a reset—not a reversal. Equity valuations have held steady, earnings revisions are constructive for the second half of the fiscal year, and both public and private capital remain committed to the India opportunity. For long-term investors, these periods of sentiment divergence often precede re-rating opportunities.
The future of Indian retail is AI and omnichannel: A preview from ET Soonicorns Summit 2025
In fact, the Indian market reflects this global trend with a unique intensity. The AI in the Indian retail market is projected to skyrocket from USD 216.26 million in 2023 to nearly USD 2.97 billion by 2032, per data released by Credence Research. This is propelled by the insatiable demand for personalised shopping. A recent study from Zebra Technologies’ 17th Annual Global Shopper Study found that 77% of Indian shoppers now prefer retailers that provide tailored recommendations powered by AI. This is not a future-state desire; it is a present-day demand.
Why India’s EV Market Plays by Its Own Rules — Insights from Vasudha Madhavan
Asia is expected to continue its rapid pivot toward electrified transport. Current estimates signal that the Asia-Pacific electric vehicle market is projected to more than double by 2032, growing from roughly USD 245.6 billion in 2024 to some USD 551.5 billion, at a steady CAGR of 10.6% according to Credence Research Inc. In India, electric vehicle sales have already surged to 7.7% of new vehicle registrations, with over 6.5 million EVs on the road as of mid-2025, according to NITI AAYOG. This groundswell isn’t just about cleaner mobility; it signals escalating investor interest and a shift in capital deployment patterns
India ventilator market to reach USD 351.12M
The India ventilator market is at a critical inflection point, poised for robust long-term growth driven by epidemiological pressures, healthcare infrastructure development, and supportive policy frameworks. Despite challenges such as import dependency, the market exhibits strong fundamentals and opportunities for strategic investment and innovation. Regional expansion, public-private partnerships, and localized manufacturing capabilities will remain the key enablers for achieving widespread ventilator accessibility and patient-centric critical care delivery across India. Credence Research
Les investissements mondiaux dans la pétrochimie devraient atteindre 956 milliards USD d’ici 2032
Selon le cabinet d’analyse Credence Research, le marché mondial des produits pétrochimiques, estimé à 623,40 milliards USD en 2024, pourrait atteindre 956,25 milliards USD d’ici 2032. Cette projection repose sur un taux de croissance annuel moyen de 5,49 %. Cette dynamique est principalement tirée par la demande croissante de plastiques, de fibres synthétiques et de produits chimiques de performance dans les secteurs de l’emballage, de l’automobile, du bâtiment et de l’électronique.
Australia is obsessed with K-beauty…SNS·K culture ride spreads
The presence of K-Beauty in this flow is clear. Credence Research predicts that the K-beauty market in Australia will grow from $1400 million in 2023 to $213 billion in 2032. The average annual growth rate is 8.19%. In addition to Priceline, Chemist Warehouse and Mecca, the online platform Adore Beauty, you can easily find K-Beauty-only categories.
[Market Outlook] Petrochemical Grows to $9562 Billion in 2032
The global petrochemical market is expected to grow to $9562 billion by 2032. This is expected to be at a steady annual growth rate of 5.49% over the forecast period, at $6234 billion in 2024. Credence Research Inc. According to the Petrochemical Market, the growth of the petrochemical market is mainly driven by the increase in demand in various end-use industries. The demand for plastics, synthetic fibers and functional chemicals, is particularly high throughout the packaging, automotive, construction and electronics industries, which are essential for modern industrial growth and consumer goods development.
When Walls Become Batteries: The Next Frontier in Architectural Design
Despite these cautions, structural batteries are predicted to be in considerable demand based on their impressive potential. A recent report by Credence Research indicates that the global structural battery market will grow more than 20% by 2032. The study predicts that the emphasis on low-carbon construction will motivate the rapid adoption of structural batteries in buildings.
Global Black Friday Sales Market projected to surge with double-digit growth through 2032
From bustling malls to seamless online platforms, the Black Friday sales market will reach record highs, with forecasts pointing to steady expansion through 2032 at a compound annual growth rate of 12.5 percent. Meanwhile, a recent report from Credence Research has foreseen that the global Black Friday Sale Market will grow from USD 278.63 billion in 2024 to USD 849.39 billion by 2032, reflecting a compound annual growth rate (CAGR) of 14.95%
Is Thrifting a Sustainable Fashion Choice or a Hidden Health Risk?
As per Credence Research the second-hand apparel market in India was valued at $3,003.65 million in 2023 and expected to grow at a CAGR of 13.04 per cent from 2024 to 2032. This suggests the market could reach $9,111.35 million by 2032. A survey conducted in 2023 further revealed that over 20,000 consumers in India have started to consider the environmental impact of their purchases. a sign of changing consumer priorities.
Mexico Sets Sights on Top 5 Global Tourism Rank by 2030
In the decades since, traveler demand for eco-friendly, socially responsible experiences has surged. According to Booking.com, over 75% of all international tourists aim to travel more sustainably, with 57% seeking to reduce energy consumption, 54% favoring greener modes of transport, and 43% expressing guilt when making unsustainable travel choices. Domestically, 98% of Mexican travelers actively consider sustainability in their travel plans, according to the same report. In response to these preferences, a Credence Research study projects that Mexico’s sustainable tourism industry could generate US$74.8 billion by 2032.
Brand effect on extended warranty valuation: Subjective value versus popularity
The global extended warranty market for consumer electronics amounted to $29.4 billion in 2017 and is estimated to grow to $50.2 billion by 2026 (Credence Research, 2018). Although some extended warranties cover product loss due to theft, carelessness, and accidents, most normally cover only product failures due to manufacturing defects. Our focus in this research is on extended warranties of the latter type. Research has shown that often these warranties provide little value to the customer from an economic perspective.
AI Toys: Are They a Game Changer?
Companies like Curio are positioning alternatives to tablets, with off-screen characters. According to a report by QY Research (Market Research Report Publisher), the AI toy market is a gold mine : last year it represented a $224 million market and is expected to reach $446 million by 2031 .Another broader estimate puts the smart toys segment at over $2.224 billion , growing to $6.446 billion by 2032 ( Credence Research Inc. ).
Earning billions of dollars by using flies to turn trash into animal feed
This market is also growing rapidly. Research on Credence Research said that the global BSF market was at $541.5 million in 2022, expected to reach $3.88 billion by 2028, with a CAGR of up to 32.5%. The latest research on Meticulous Research in May 2025 predicted that by 2035, the BSF market could reach $5.6 billion.
How is Artificial Intelligence Changing the Energy Sector?
According to data from Credence Research, the Latin American power grid modernization market is expected to reach $7.359 billion by 2032, with a compound annual growth rate of 16.6%. This significant growth reflects the interest in adopting these types of technologies, which significantly improve the efficiency of power grids in the region.
Mn/Fe3O4@polyimide composite for magnetic solid-phase extraction of phthalate esters from drinking water
Water is an essential resource for everyone, serving numerous critical functions in the human body. On average, adults should consume at least 1.5 liters of water daily to ensure proper bodily functions (Jéquier and Constant, 2010). In China, tap water is the primary source of drinking water in many regions (Zhu et al., 2023, Shi, 2020), while the popularity of bottled water is increasing due to its perceived safety, improved taste, and convenience (Zhelaeva et al., 2021; Credence Research, 2023). Tap water is typically distributed through pipes made of polyvinyl chloride (Le et al., 2021, Liu et al., 2015), whereas bottled water is packaged in bottles primarily composed of polyethylene terephthalate (da Silva Costa et al., 2021).
Related Report: India Bottled Water Market By Water Source (Natural Mineral Water, Purified Water, Spring Water, Artesian Water, Sparkling Water, Alkaline Water); By Packaging Water Source (PET [Polyethylene Terephthalate] Bottles, Glass Bottles, Cartons and Pouches, Cans); By End-User (Households, Foodservice and Hospitality, Offices and Corporate, Healthcare Facilities, Outdoor and On-the-Go, Institutional Buyers); By Product Varieties (Still Water, Carbonated Water, Flavored Water, Functional Water, Vitamin-Enhanced Water, Premium Water); By Pack Sizes (Individual-Serve Bottles, Multi-Serve Bottles, Bulk Packaging); By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Vending Machines, Wholesalers and Distributors) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How the humble Op Shop became a billion dollar industry
According to Credence Research data, Australia’s second-hand clothing market will grow from $578 million in 2023 to $1.6 million by 2032, maintaining an 11.88% compound annual growth rate from 2024 to 2032.
The Complete Guide to Using AI as a Sales Professional in United Arab Emirates in 2025
AI in the UAE is already focused on practical, sales‑first wins: conversational AI and chatbots qualify and nurture prospects 24/7 – especially useful in Dubai’s round‑the‑clock market – while predictive analytics and lead‑scoring surface the highest‑intent accounts so reps spend time where it matters; local writeups highlight e‑commerce firms using bots to re‑engage abandoned carts, real‑estate CRMs that forecast viewing‑to‑sale likelihood, and hospitality teams tailoring offers from behavioural signals.
Automated CPR Machines Boost Survival in Space Emergencies
For aerospace firms like SpaceX and Blue Origin, equipping spacecraft with compact CPR machines represents a strategic investment. The market for such devices is booming, with projections from Credence Research estimating growth to $3.188 billion by 2032, driven by space and terrestrial emergency needs. Stryker’s LUCAS 3, highlighted in industry briefs, exemplifies this trend, offering battery-powered operation suitable for confined habitats.
Related Report: Cardiopulmonary Resuscitation (CPR) Machine Market By Product Type (Piston CPR Devices, Load-Distributing Band (LDB), Active Compression Decompression (ACD) Devices and Impedance Threshold Devices, Extracorporeal Techniques and Invasive Perfusion Devices, Others); By Compressor Type (Manual CPR, Automatic Mechanical CPR); By Applications (Ambulances, Emergency Departments, Coronary and Intensive Care Units, Cardiac Catheterization Labs, Organ Transplant Facilities, Air Medevac Units, EMT Rescue Units); By End-User (Hospital and Clinic, Cardiac Catheterization Laboratories, Organ Transplant Unit) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Will AI Replace Legal Jobs in Germany? Here’s What to Do in 2025
Impact differs sharply by sector and firm size in Germany: financial services are racing ahead – the Germany AI in finance market was roughly USD 1.98bn in 2024 and is forecast to grow rapidly (Credence Research’s projection to USD 19.49bn by 2032 reflects a CAGR ~28.9%) – driven by fraud detection, credit scoring and back‑office automation, even as the Association of German Banks urges harmonised, sector‑sensitive implementation of the EU AI Act to avoid duplicate supervision (Association of German Banks position paper on an AI legal framework).
Related Report: Germany Artificial Intelligence in Finance Market By Component (Solution, Services); By Deployment Mode (On-Premise, Cloud); By Technology (Generative AI, Other AI Technologies); By Application (Virtual Assistant [Chatbots], Business Analytics and Reporting, Fraud Detection, Quantitative and Asset Management, Others); By Geography – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
How AI Is Helping Retail Companies in Canada Cut Costs and Improve Efficiency
Measuring AI’s payoff for Canadian retailers means tracking both hard cash and customer signals: start with adoption and market context (only 12.2% of Canadian businesses reported using AI in the 12 months to Q2 2025, up from 6.1% a year earlier) and combine that with retail‑specific KPIs – forecast accuracy, on‑shelf availability, waste reduction and revenue per AI interaction – to prove impact quickly; Credence Research projects the Canada AI‑in‑retail market will balloon from USD 254.54M in 2024 to USD 2,769.23M by 2032 (CAGR 30.37%), so measuring lift in conversion, average order value and loyalty engagement is critical as investment scales.
Ohmic heating for attenuation of Lactobacillus acidophilus LA-5 in Minas Frescal cheese: probiotic survival, biological activity, and in vitro antimicrobial activity
Cheese is presented as an interesting dairy matrix to be added with probiotics. Indeed, the probiotic cheese market is projected to grow from USS 527 million in 2024 to an estimated USD 1659.71 million by 2032, with a compound annual growth rate (CACR) of 15.4 % from 2024 to 2032 (Credence Research, 2024).
Australians among biggest K-beauty buyers as snail mucin, salmon sperm and ‘glass skin’ lure skincare shoppers
In Australia, the market for K-beauty has been projected to grow from nearly $160 million in 2023 to more than $320 million by 2032, according to Credence Research.
What are Boutique Hotels and Why They’re Perfect for Your Next Holiday
Are you tired of staying in cookie-cutter chain hotels that feel impersonal and forgettable? If you’re looking for a holiday experience that’s as unique as you are, boutique hotels might just be your perfect match. These hidden gems of the hospitality world offer a blend of style, personality, and personalized service that can transform your vacation into something truly memorable. In this guide, we’ll explore what boutique hotels are, why they’re ideal for holidays, and how you can choose the right one for your next adventure. Let’s dive in!
Exploring a spark-ablation setup for production of water-dispersed nanoparticles for biomedical applications
Nanomaterials are rapidly making inroads into the biomedical field due to their unique nanoscale properties and unprecedented effects on biological systems. Nanomedicine exploits these phenomena by translating them into innovative therapeutic and diagnostic tools for the detection and treatment of various diseases. This complex interplay between materials science and medicine is driving research into smart nanomaterials, with objectives focused on the facile, clean, and reproducible synthetic routes (Starsich et al., 2019). Reflecting this demand, the global nanomedicine market is currently valued at approximately USD 200 billion and, with annual growth rates of 11%–12%, is projected to exceed USD 450 billion within the next decade (Credence Research; Grand View Research).
Why this CEO left private equity to run a beauty retailer
It’s noticeably compact: 126 of the 300 products stocked by Adore online are on display, including a large display of fragrances, and a dedicated K-Beauty section – a key growth product for the brand, projected to be worth an estimated US$213 million in Australia by 2032, according to Credence Research.
Plant-based cheese, but more like cheese
Marangoni counts the research as a major success for learning and product development, but his high-protein plant-based cheese is far from being in the nearest grocery store.Protein isolates are gaining traction. Canada’s pea proteins market was worth an estimated US$75 million as of 2024, according to a sector analysis from Credence Research. That analysis expects the market to grow to almost US$180 million by 2032.
‘I hate my body’: image distortion and disorders generate wave of illnesses in the ‘health generation’
Regardless of the time, gyms are packed. Opening hours have been extended into the early hours of the morning, with the proliferation of 24-hour centers. The
fitness market is booming in Brazil, with approximately R$12 billion in revenue in 2024 alone, according to consultancy firm Credence Research. But a silent phenomenon accompanies this movement: people who exercise but
dislike their bodies.
Vir the Robot Boy Video Sparks Surge in Robot Toy Demand in India
Kids across India can’t get enough of Vir the Robot Boy, the animated hero who’s taken screens and imaginations by storm. Every new episode or viral video clip seems to spark a fresh wave of excitement, with children eager to bring a piece of Vir’s world into their own homes.This buzz has quickly turned into a real surge in demand for robot toys. Parents and toy shops are seeing kids ask for gadgets that let them reenact Vir’s daring rescues, clever tricks, and high-tech adventures.
India’s data centre journey in an AI-powered world
AI has moved beyond being just a buzzword; it’s now a key player in the operation of modern data centres. These AI-powered facilities leverage predictive analytics, machine learning, and automation to enhance energy efficiency, avert failures, and manage workloads in a smarter way.A recent study by Credence Research reveals that AI-powered predictive maintenance is revolutionizing the data centre landscape in India.
The rise of second-hand shopping
A study found that 72 per cent of Australians purchased a second-hand item in the past year, with many preferring thrift stores and online platforms like Depop.One of the main drivers is consumers awareness of the environmental impact of their purchasing decisions, particularly in the fashion industry.According to Credence Research, the second-hand clothing market in Australia is experiencing significant growth, valued at USD $578.10 million with projections to reach USD $1598.37 million by 2032.
Australia’s immigration policy has suddenly changed, and the number of international students has plummeted! Australia is facing massive layoffs! Is there $10 billion in unclaimed assets in Australia?
Lauren, an Australian entrepreneur who has worked in Seoul for over a decade and owns the Korean cosmetics brand Jelly Ko, describes the industry as “rapidly rising.” In the early 2010s, the United States was one of the first Western countries to embrace the K-beauty craze. Last year, South Korean cosmetics exports to the US surpassed France for the first time.
Plant-based cheese, but more like cheese
Marangoni counts the research as a major success for learning and product development, but his high-protein plant-based cheese is far from being in the nearest grocery store.Protein isolates are gaining traction. Canada’s pea proteins market was worth an estimated US$75 million as of 2024, according to a sector analysis from Credence Research. That analysis expects the market to grow to almost US$180 million by 2032.
Retro drinks are making a cool comeback this summer
Diner staples, such as the chocolate milkshake, are also becoming popular again with gourmet additions. Gourmet versions feature high-quality ice cream, decadent chocolate syrups and playful toppings. Fresh squeezed, homemade lemonade is also gaining popularity as people appreciate the simplicity and health benefits it provides. According to Credence Research, “the global market for lemonade drinks is expanding largely because of growing public awareness of the negative health impacts of chemically flavored beverages.”
BeyondSquare raises $4 mn from Avant to expand financial reporting services
BeyondSquare will use the investment to strengthen FinAlyzer’s capabilities by “expanding automation, deepening compliance intelligence, and enhancing scalability for enterprises with complex reporting structures”. The company aims to extend its footprint in West Asia, Europe, and Southeast Asia, while building leadership and technical talent. According to Credence Research, the global financial consolidation software segment is projected to double from $3.2 billion in 2024 to $6.4 billion by 2032, at a compound annual growth rate of around 11-11.4 per cent.
Israel’s TopGum delivers latest functional iron-enhanced gummies
Rising demand is driving market growth According to Credence Research, worldwide consumption of iron supplements is expected to witness substantial growth. By 2028, the global market is projected to reach USD 518.7 million, a CAGR of 3.8% from 2021. The increase in flexitarian diets may also be driving the rise in iron supplementation.
What is EVN doing to address the “energy thirst” of artificial intelligence and data centers?
AI data centers consume huge amounts of electricity, from hundreds of MW to gigawatts, many times more than traditional data centers. This requires a long-term energy strategy that focuses not only on supplying sufficient electricity, but also on ensuring clean and stable energy.According to the report “Vietnam Artificial Intelligence Market Size & Forecast 2032” by Credence Research, artificial intelligence could contribute more than US$130 billion to the Vietnamese economy by 2040.
Vietnam needs to be ready for the ‘destiny’ position of the global data center
AI is creeping into every technology, becoming an integral part of all technologies. That wave spread strongly to Vietnam and other countries in the region, opening up unprecedented opportunities. Across ASEAN, AI is expected to contribute 10 to 18 percent to total GDP growth, or about $1 trillion by 2030.In Vietnam, according to Credence Research’s “Vietnam Artificial Intelligence Market Size & Forecast 2032,” the AI market will grow by an average of 15.8% per year, reaching a size of $1.52 billion by 2030, possibly even contributing up to $130 billion to Vietnam’s economy by 2040.
What is EVN doing to solve the ‘energy thirst’ from AI and data center?
Data centers for AI consume a huge amount of power, ranging from a few hundred MW to GW, many times higher than traditional data centers. This requires a long-term energy strategy, which not only focuses on providing enough electricity, but also ensuring a clean and stable power supply.According to Credence Research’s “Vietnam Artificial Intelligence Market Size & Forecast 2032, by 2040, AI could contribute more than $130 billion to Vietnam’s economy.
Mexico Targets Top 5 Global Tourism Rank by 2030 with a 40% Growth Plan
As traveler preferences shift towards more sustainable options, airlines are also responding to the demand for environmentally responsible travel. A Credence Research report indicates that nearly 70% of travelers are willing to pay more for flights with lower carbon footprints. This trend could benefit Mexican low-cost carriers, Volaris and Viva, which are ranked fourth and 11th globally for carbon efficiency, according to a Cirium study. As sustainability becomes a key consideration for travelers, airlines that prioritize environmental efficiency are well-positioned to attract more eco-conscious passengers.
AI pushes Vietnam to become a data center investment destination
Vietnam is emerging as a new destination attracting large-scale data center investors. According to experts at the Innovation Conference 2025 organized by Schneider in Hanoi, the explosion of artificial intelligence (AI) is creating unprecedented opportunities for this market in Vietnam.Over the years, Singapore has occupied the number one spot in Southeast Asia in terms of data centers. However, this market has run out of ground and energy fund.
Imported meats: International market growth factors, barriers
Globally, the ethnic foods market is steadily growing, due to increasing consumer interest in diverse culinary experiences and cultural authenticity, according to a report from Credence Research Inc., based in Pune, India. In the report, the market was valued at USD 107.9 Billion in 2023 and is projected to reach USD 200.9 Billion by 2032, reflecting a CAGR of 7.06%.
Algal protein: Structural functionality, advanced extraction technologies, and challenges for applications in food nutrition security
Recently, algae have been promoted as a novel natural source of protein and bioactive compounds due to their broad and remarkable ecological adaptability (Demarco et al., 2022) (Fig. 1). According to credence research, the global algae products market value amounts to 44.9 billion dollars in 2022, growing at a compound annual growth rate (CAGR) of 5.2 % from 2016 to 2022, and it is forecast to reach over 61.8 billion dollars by 2027 (Alzahmi et al., 2024). Algae are generally classified by size into two categories: macroalgae and microalgae. Algal protein is mainly synthesized through photosynthesis, in which light energy is absorbed by the chloroplasts of algal cells, causing water molecules to break down and release oxygen.
Insecticide Toxicity: Consumption, Assessment Methodologies and Safety Issues in India
Insecticides are tool for integrated pest management which is widely used to control insect pest population. Among different categories of pesticides, the insecticides are the most widely used compounds in terms of value.
Ecommerce and the Secondhand Boom
The online market for secondhand apparel should grow 13% annually in the U.S. through 2029, reaching $40 billion, according to a study from ThredUp, the resale platform. Other sources, including Credence Research, have released similar growth estimates.
Press Conference on the Spin-off Merger
Industrial autonomous work equipment market anticipates robust growth,
driven by labor shortages and rising labor costs
Global toy market to reach $446b by 2032
The global toy market is projected to grow from $316.14b in 2024 to $445.97b by 2032, with a CAGR of 4.33%, according to a report by Credence Research Inc. Growth is being fuelled by rising demand for educational toys, digital features, and online retail access.The report said that parents are increasingly buying STEM-focused toys that support learning and development.
[Power e-Stock] Hyrock Korea Expected to Benefit from Marine Plant Market Growth… Will Stock Price Continue to Rise?
Global Market Insights (GM Insights) predicted that the FPSO market will grow at an average annual rate of 8% from $22.8 billion in 2025 to $33.3 billion in 2030, driven by active investment in Brazil,” and “Credence Research predicted that the size of the FLNG (Floating Liquefied Natural Gas) market, centered on the African region, will grow at an average annual rate of 13% from $27.4 billion in 2025 to $51.6 billion in 2030.
Fairdeal.Market Nets $3 Mn To Power Offline Distribution For D2C Players
Artificial intelligence has enabled retail intelligence platforms to innovate faster by driving advanced problem-solving, strengthening delivery systems and broadening technological capabilities. Investors see the retail intelligence space as a promising market to place their bets.
Informa Markets Announces Landmark Move: ProPak Asia 2026 to Relocate to IMPACT Muang Thong Thani
Bangkok [Thailand], June 24: Sanchai Noombunnam, Country General Manager of Informa Markets Thailand, highlighted Thailand’s growing role and opportunities in the global food and beverage industry. According to Credence Research, a global market research and consulting firm, the value of the global food and beverage market is projected to grow from USD 6.2 trillion in 2024 to nearly USD 9.8 trillion by 2032. Key driving forces include shifting consumer behaviors, increasing demand for convenience and ready-to-eat foods, and a rising focus on health.
Greying India fuels adult diaper market boom, homegrown Friends leads the way
The adult diaper category is growing at 15 percent, double the baby diaper segment, and is anticipated to reach $1.2 billion by 2032, according to market intelligence firm Credence Research.
Partial Discharge Monitoring and Risk Reduction for Ageing Grids
By detecting and taking action to address potential problems before they occur, grid reliability is improved. In addition, by acting early the cost impact of any emerging problems is mitigated. For an ageing asset base where reliability is already likely to be affected, advanced grid-enhancing technologies like partial discharge monitoring coupled with AI analytics are tools that serve a multitude of important functions. Indeed, a recent Credence Research report on the Middle East Grid Modernization Market found that the market is anticipated to reach $2.6 billion by 2032, at a CAGR of nearly 15%.
Want to own a rare Lambo or Ferrari? Miami company selling shares of them
The start-up comes as the collector car market faces challenges, but is growing as young affluent buyers see them as investments. The U.S. Classic Cars Market size was valued at $12.6 billion in 2024 and is estimated to reach $26 billion by 2032, according to Credence Research. From 2025 to 2032, cumulative annual growth is expected to hit 8.8%, says Ganesh Chandwade, the Credence analyst who wrote the report.
Vietnam Elevator Expo 2025 to showcase global innovation
The event will feature 150 booths and attract over 15,000 professional visitors, reflecting a nearly 30 per cent growth from last year’s edition, which hosted 100 companies and 14,000 visitors. It continues to strengthen supply chain links, promote technology, and boost Việt Nam’s global competitiveness in the elevator industry. According to a 2024 report by Credence Research, the market was valued at US$443.52 million and is projected to reach nearly $800 million by 2032, with a compound annual growth rate (CAGR) of 7.65 per cent, one of the highest in Southeast Asia.
Where the mind is without baggage: Experiencing freedom as an Indian traveller
The India outbound tourism market is expected to hit $43.9 million by 2032, with wellness travel emerging as a key driver (Credence Research). Yoga in Ubud, forest bathing in the Alps, and Ayurvedic healing in Sri Lanka; Indian travellers are asking for more and unique ways to reconnect and rebuild.
Game Selleck Guide
Today, many people are thinking about what they should play in the midst of so many games. People who like games, as well as those who have just entered, often feel the burden of the game selection itself.The reason is clear. The reality is that games are time-consuming and, in some cases, cost a lot less, so it’s hard to get started with any game. Also, since so many games are released every day, there are so many options that there is an irony that the choice becomes more difficult.
Seasonal delivery – The time of respiratory disease outbreak and health care options from herbs
In Vietnam, the health food market, health support is made from fast-growing herbs. According to a study, in 2023, the market size using herbal support products reached about 26.3 million USD, expected to hit 40.68 million USD by 2030, expected with a double growth rate of 6.43% from 2023-2030.According to the report of Credence Research, the total health food market in Vietnam in 2022 reached 600 million USD, and is expected to grow 18% from 2024 to 2030.