Global Market Research Reports : Ken Research

Tuesday, November 3, 2020

Somalia Milk Powder Market Outlook to 2025: Ken Research

The report titled “Somalia Milk Powder Market Outlook to 2025 –Increasing Demand-Supply Gap for fresh milk due to Seasonal Fluctuations and Higher Shelf Life for Milk Powder to Drive Market Growth” provides a comprehensive analysis of the milk powder industry of Somalia. The report covers various aspects including the current milk production and livestock statistics in Somalia and concentrated milk scenario in value and volume, its segmentations viz, Type of milk powder (Whole Milk Powder and Skimmed Milk Powder), Application (Nutritional Foods, Infant Formula, Confectionaries and Others including Ice Creams, Chocolates, and Bakeries), Distribution Channels (Supermarket & Hypermarkets, Mom & Pop stores, and Online), Market Type (Organized and Unorganized), Import and export scenario, major trends and development, issues and challenges, government regulations and competitive benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and volume.

Overview for Somalia Milk Powder Market

The milk processing industry in Somalia was small compared to the huge amount of milk produced every year as liquid milk was preferred by the households. However, the country’s milk industry collapsed in the year 2017 when a devastating drought killed an estimated 6.4 million cows, camels, and goats. In pastoral areas, the impact of the drought on livestock has led to a lack of access to milk thereby increasing the consumption of milk powder. Most of the demand-supply gaps of liquid milk requirements for urban consumers were met by importing dry milk powders from countries such as the Middle East and Europe. The market showcased a volatile growth trajectory. Milk Powder revenue attained a year on year growth during 2014-2019 along with a double-digit CAGR of 12.5% in terms of Sales Value. The presence of numerous small and large manufacturers who compete in terms of prices and quality are driving the growth. Furthermore, initiatives by the government regarding the quality standard are increasing sales.

Somalia Milk Powder Market Segmentation

Type of Milk Powder: The whole milk powder segment dominated the market due to it being perceived to be the most natural form of processed milk by a large number of consumers.

However, due to it being popular for having less fat content and less overall calories, skimmed milk powder segment is expected to witness the highest CAGR over the forecast period.

By Application: Due to the demand-supply gap of fresh liquid milk, the majority of the milk powder is reconstituted into a liquid milk and is widely used in Somalia because of reduced transport and storage costs. Infant formulas present an appealing alternative to working mothers for their babies as per the convenience and need.

By Distribution Channel: Supermarkets & Hypermarkets dominated the market with the highest revenue share in 2019. Majority of the milk powder companies from neighboring countries such as Kenya and Uganda operates through its own distribution channels in Somalia. However, imported milk powder from the Middle East and Europe are sold through distributors.

By Type of Market: Even though co-operatives provide a remunerative price to the producer, the unorganized sector plays a major role in milk powder marketing because of three factors- Pricing Policy, Type of Milk Animals and Payment Policy. Unorganized sector including local milk vendors, wholesalers, retailers and producers themselves dominate the market as most of the traders opt for tax saving methods by illegally importing the milk powder from various countries.

Comparative Landscape in Somalia Milk Powder Market

Competition was observed to be moderately fragmented with the presence of major international brands dominating the market. Shifting to the latest technologies to manufacture the best quality of milk powders has been on high priority for many companies. Introducing and innovating new products along with health benefits to ensure customer focus provides lucrative opportunities. The companies were observed to compete on the basis of product pricing, quality/certification, sourcing/ storage/distribution the channel, serving size/packaging, and health benefits

Somalia Milk Powder Market Future Outlook and Projections

The milk powder market in Somalia is expected to experience a medium level of growth owing to population growth along with rising incomes, health consciousness, and the thriving food and beverage industry. The market expected to gain momentum with the exponential growth in infrastructure and technological advancements in transportation. A comprehensive strategy for producing quality and safe milk powder products formulated with the suitable legal backup will structure the market workings. New products such as flavored milk powder or lactose-free milk powder are expected to boost market growth in the coming years.

Key Segments Covered in Somalia Milk Powder Market: -

By Type of Milk Powder

Whole Milk Powder

Skimmed Milk Powder

By Application

Nutritional Foods

Infant Formula

Confectionaries

Others (Ice Creams, Chocolates, Bakeries and several other applications)

By Distribution Channel

Supermarket & Hypermarkets

Mom & Pop stores

Online

By Market Type

Unorganized

Organized

Key Target Audience

Milk Powder Repackaging Companies

Milk powder Manufacturers

Concentrated Milk Traders

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:

Brookside Dairy Ltd.

Sameer Agriculture and Livestock Ltd.

Nestlé

Fonterra Cooperative Group Limited

New Kenya Co-Operatives Creameries

Arla Foods

Danone

Key Topics Covered in the Report:

Need and Opportunity Landscape in Somalia

Somalia Milk Powder Market Introduction and Overview

Demand & Supply Side Ecosystem for Somalia Milk Powder Market

SWOT Analysis in Somalia Milk Powder Market

Trade Scenario in Somalia Milk Powder Market

Industry Analysis (Porter’s Five Forces Analysis)

Cost of Setting up a Milk Powder Production Plant in Somalia

Cost of Setting up Repackaging Plant in Somalia

Comparative Landscape – Somalia Milk Powder Market

Recommendations / Success Factors

Research Methodology

Appendix

For More Information on the research report, refer to below link:

Somalia Milk Powder Market Growth

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Indonesia Dairy Food Market Outlook To 2025 – Yoghurt & Soul Milk Products Coupled With Cheese Segment To Drive Market Growth

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South Africa Dairy Products Market Outlook To 2020 - Innovation Coupled With Acquisitions By Dairy Product Manufacturers Is Likely To Drive Market

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+91-9015378249

Effective Increment across Ethylene Vinyl Acetate (EVA) Resins Market Outlook: Ken Research

The Ethylene vinyl acetate (EVA) resins are introduced by utilizing ethylene and vinyl acetate. It is optimized in the introduction of packaging film, foam, wire & cable, solar cell encapsulation, and hot melt adhesives, and are serene of 18-40% vinyl acetate. EVA with stumpy melt index (MI) deliver great strength, greater viscosity, and hot tack (relative melting and bonding power) as compared to its extraordinary melt index counterparts.

According to the report analysis, ‘Global EVA Resin Market to reach USD 12.07 Billion by 2026’ states that the EVA resins are broadly utilized in the packaging and paper industries, due to their belongings such as heightened flexibility and stumpy sealing temperature. Therefore, the quick growth in the packaging and paper industries around the globe propel the growth of market over the review years. For instance: as per Statista, the Dog & cat food packaging, beverage packaging, Food packaging, Home care packaging industry is projected to propagate with 12%, 11%, 11%, 7% simultaneously around the world in time duration between 2017-2021. In addition, Momentous Growth in Solar Power Industry, and projecting application of EVA resin in it is projected to propel the market growth over the review years. Whereas, the worldwide increment in incidence of COVID-19 worldwide may affect unfavorably to the market growth owing to execute of lockdown in several economies around the globe. Also, Intercession of Substitute Materials of EVA resin is projected to restrict the growth of market over the review years.

The worldwide EVA Resin Market is worth approximately USD 7.87 Billion during 2019 and is projected to grow with a vigorous growth rate of more than 6.30% over the review period of 2019-2026. However, the regional analysis of worldwide EVA Resin market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America is the leading/noteworthy region around the world in terms of market share due to the speedy growth in packaging industries around the region. Whereas, the Asia-Pacific is also projected to exhibit greatest growth rate / CAGR over the review period of 2020-2026. Aspects such as huge economic growth in the region along with Momentous Growth in Solar Power Industry would generate the lucrative growth prospects for the EVA Resin market around Asia-Pacific region. Nonetheless, the requirement in requirement & production of packaging material, electric automobiles, and photovoltaic panels for the construction of solar energy has improved the requirement for ethylene vinyl acetate resin around the Asia-Pacific region.

Furthermore, they are broadly optimized in packaging and paper industry & electrical and electronic industries, due to their possessions such as great coefficient of friction, low seal initiation temperatures, and greater impact resistance. The improvement of the packaging & electronic industries and augment in requirement for packaging materials & consumer electronics around emerging regions are the foremost factors that propel the growth of the worldwide EVA resins market. Therefore, in the near years, it is predicted that the market of EVA resin will increase around the globe more effectively over the forthcoming years.

For More Information, Click on the Link Below:-

Global EVA Resin Market

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Global EVA Resin Market Analysis 2013-2018 and Forecast 2019-2024

Global EVA Resin Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Different Advancement And Trends In Cyber Security Market Outlook: Ken Research

The Cyber security and defense in contradiction of the online terrorizations undertake higher worth in today’s digital changing consequence. It has become bouncing amid organization owing to hurriedly growing frauds, cyber crimes, perils, threats, and paleness. Disruptive and developing technologies crosswise banking, retail, information technology, defense, and fabricating segments have submitted new capabilities, smoothed automation, and offered ease of operational in the existing past. However, such technologies have also advanced as a potent characteristic in the improvement of the worldwide threat consequence of exploits, vulnerabilities, and malware. The mounting threat landscape is perceived with an augmented the number of cyber crime activities in the wide-reaching digital era.

Although, the cyber security explanations support an organization monitor, distinguish, report, and newcomer cyber threats to accomplish the data discretion. The enactment of cyber security solutions is estimated to augment with the accumulative penetration of the Internet amongst the evolving and developed regions, and the necessity for security solutions has been marked momentously by the private financial and banking services divisions, along with the healthcare, and aerospace and defense regions.

Furthermore, the Airplane navigation and guidance systems can be impressively susceptible to cyber-attacks, which can have wide-ranging corollaries. Therefore, the computers and networks for all the ground and air-borne utilities demand resilient security infrastructure. The upward implementation of machine-to-machine technologies (M2M) across the aerospace province and the ambition of the governments on cyber security to pledge the cyber terrorism have boosted cyber security market revenue across this sector massively for the past few years.

Dependent on the cyber security market growth forecast , states that the growing data breaches in military defense, the United States is sitting high emphasis on its military and defense subdivision and is investing majorly in R&D of newfangled weaponry systems. Throughout October 2018, the US Government Accountability Office (GAO) unconstrained a report stating that most of the weapon systems that were under improvement are found to have mission-critical cyber feebleness. Later that month, the US government constricted the law to inaugurate the Cyber security and Infrastructure Security Agency (CISA), in order to expand the national defense against cyber-attacks. Although, the Asia-Pacific is projected to have maximum market growth for cyber security solutions, over the assessment period. The durable existence of numerous market appointees, coupled with extant security threats across the region, is estimated to propel the employment of these solutions further.

However, the technologies such as the Internet of Things (IoT) and new business models generously rely on international digitization for their growth. As the system becomes more composite, interrelated, and switches more information, the consociate to attack surface becomes much greater while recognition the breaches in the security system of the business. The principal podium for an enlarge in cyber crime activities is connectivity through the utilization of Big Data, cloud, social media, and mobile services. For instance, the third-party data packing and cloud-based services have unscrewed avenues for an online attack, which beforehand did not conquer. Moreover, IoT products acceptable with the IP sensors are proposed to launch the defenselessness to the user data, if they have not been adequately tested. Such services utility on the backbone of the internet and will become gradually connected over duration of the next three years, empowering the requirement for a forceful cyber safety system athwart the business environment. Therefore, expected to propel the market growth of cyber security crosswise the globe more significantly over the impending decades.

For More Information, refer to the below link: –

Cyber Security Market Research Reports

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Global Commercial Cyber Security Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Different Increasing Trends In Global Phenolic Panel Market Outlook: Ken Research

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The Phenolic panels propose acoustically solidity apposite for interior divisions in construction with structural characteristics assembled from concrete, steel, and glass. Such phenolic panels are optimized in several end-use industries, such as cement & combined, mining & quarrying, steel, and several others.

According to the report analysis, ‘Global Phenolic Panel Market to reach USD 2.5 billion by 2026’ states that the positive increment in the requirement for quality products in the construction industry is one of the protruding aspects underwriting towards the market growth. The construction industry is the foremost industry in the worldwide phenolic panel market with a great requirement from both residential and commercial projects owing to the effective increment in the concern towards fire-safety. Augmented implementation of phenolic panels around elevator walls, decorative internal & exterior, escalator claddings, and balcony cladding, amongst others, are increasing the growth of the phenolic panel market across the construction industry. The positive augment in construction spending is probable to generate a significant growth opportunity in the market over the review period. Dependent on the Association of Equipment Manufacturer, the U.S construction industry augmented from 1.1% during 2017 to 1.9% in 2018. Similarly, as per the National Investment Promotion & Facilitation Agency, the construction industry across India is likely to reach up to USD 738.5 billion by 2022. However, great initial cost restricts the growth of the market over the review period of 2020-2026.

In addition, the Phenolic panels offer greater fire resistance than the traditional wood and drywall assembled interior walls or exterior vinyl submissions. The Phenolic panels are a favored choice as a building material in the construction industry and it also supports develop the entire energy performance of a building as well as delivers effective weather fortification due to its great pressure laminate finish. Foremost properties of phenolic panels likewise flame resistance is a competitive improvement that it has over alternatives likewise wood walls. This aspect is projected to support the augment Phenolic Panel Market requirement in the future. Not only has this, but the cost of phenolic panels is also reasonably low compared to its substitutions such as aluminum panels, glass panels, and steel and concrete walls, which performs as a foremost driver of the Phenolic Panel Market.

Although, the worldwide Phenolic Panel Market is worth nearly USD 1.6 billion in 2019 and is projected to increase with a growth rate of more than 6.5% over the review period of 2020-2026. The regional investigation of the global Phenolic Panel market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the leading/momentous region across the world in terms of market share due to the high requirement of phenolic panels, advancements in technology, supervisory policies, and government standards in the region. Whereas, the Asia-Pacific is also predicted to exhibit the greatest growth rate / CAGR over the forecast duration of 2020-2026. Aspects such as the augmented implementation of phenolic panels around elevator walls, decorative interior & exterior, escalator claddings, and balcony cladding, amongst others would generate lucrative growth prospects for the Phenolic Panel market around the Asia-Pacific region. Therefore, in the near years, it is predicted that the market of the phenolic panels will increase around the globe more positively over the upcoming duration.

For More Information on the Research Report, refer to below links: -

Global Phenolic Panel Market Growth

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Trends in Worldwide Fetal Monitoring Market Outlook: Ken Research

A fetal monitoring device is a necessary device which is utilized for witnessing uterine contractions throughout labor. It is a diagnostic tool that is optimized to observe the undertaking and the heart rate of the fetus and maternal retrenchments. It has protuberant application in witnessing the health of unborn baby to guarantee a safe birth and involves monitoring of chronic lung syndromes, mental retardation, neonatal syndromes, hypothermia, visualization & hearing problems, and jaundice.

According to the report analysis, ‘Global Fetal Monitoring Devices Market to reach USD 2676.40 Million by 2026’ states that the worldwide burden of COVID-19 results in greater requirement of fetal monitoring devices to observe the health of fetus and maternal contraction and guarantee whether child is diseased of corona or not. It has great demand around the globe owing to the protruding offering before the child birth, therefore the worldwide augment in birth rates and preterm births is projected to propel the growth of market over the review years. For instance: as per Statista 2017, Nigeria registers for the greatest share in the fertility rate with over 6.49 children per women, shadowed by Angola, Mali, Burundi, Somalia that is 6.16, 6.01, 5.99, and 5.80 children per women, correspondingly. In addition, promising government inventiveness for delivering the better healthcare amenities to pregnant women is projected to quicken the growth of market over the review years. However, great cost of equipment and rigorous regulatory processes linked with the usage of Fetal monitoring devices is restricting the growth of market over the forthcoming duration.

The worldwide Fetal Monitoring Devices Market is valued nearly USD 1688.7 Million during 2019 and is projected to grow with a vigorous growth rate of more than 6.80% over the review period of 2019-2026. The regional examination of worldwide Fetal Monitoring Devices market is measured for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America is the leading/momentous region across the globe in terms of market share due to the occurrence of advantageous government initiatives along with implementation of advanced technology in Fetal monitoring devices market. Whereas, the Asia-Pacific is also projected to exhibit maximum growth rate / CAGR over the review duration of 2020-2026. Aspects such as increasing birth rates and preterm births in the economy would produce lucrative growth scenarios for the Fetal Monitoring Devices market around Asia-Pacific region.

While, the influence of the driving aspects is projected to surpass that of the restraints. Moreover, occurrence of portable & wireless products and unexploited developing economies are projected to propel the new growth opportunities to fetal monitoring devices producers during the near future. Furthermore, the ultrasound sector occupied foremost share during the recent past years, and is projected to manage its lead during the review period, due to technological improvements in ultrasound technologies, which have advanced the diagnosis and assessment of fetal abnormality. The numerous improvements have been observed in the ultrasound technology such as advanced Doppler ultrasonography, leading to advanced outcomes for pregnancies at high risk. Therefore, in the near years, it is predicted that the market of fetal monitoring will increase around the globe more effectively over the forthcoming years.

For More Information, Click on the Link Below:-

Global Fetal Monitoring Devices Market

Related Reports:-

Global Fetal Monitoring Devices Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

UAE Logistics Market, UAE Logistics Industry, Market Revenue: Ken Research

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Overview-UAE Logistics Industry

The logistics market in the UAE is one of the top 5 logistics markets globally. The favorable geographic location of the country, at the confluence of Asia, Africa and Europe allows the country to act as a major export, import and re-export hub for many countries.

The UAE is a largely import-oriented market. The top import products of the country include Jewellery, Electronic Products, Automotive Products, Refined Petroleum and Gold. The country is not a manufacturing hub and is therefore majorly dependent on imports for Retail and Consumer Products as well. The top import origins for the country are China, India, US, Germany and the UK.

The UAE is one of the largest producers and Exporters of Oil in the world, with its large Oil reserves mainly in Abu Dhabi. Its major export products include Crude Petroleum, Refined Petroleum, Petroleum Gas, Gold and Diamonds. The top expeort destinations for the country are Japan, India, South Korea, China and Singapore.

The logistics market in the UAE is growing at a steady rate, backed the country’s capable transport infrastructure in the form of airports, roads and sea ports. Dubai’s Jebel Ali Port is one of the largest ports globally and has a capacity of handling 22.4 million TEUs. The country has an under-developed rail transport system, with Etihad Rail having positive targets for expanding the rail transportation system in the country.

With launch of new retail products, continuous regulatory & infrastructural reforms the market has been taking initiatives in order to attract higher FDIs. Adding to this with start of part privatization of Aramco the country is expected to witness higher number of IPOs and increased retail participation by 2030 as well.

Dubai, the primary logistics corridor of the UAE, acts as the gateway to the Gulf Cooperation Council (GCC) region in the Middle East. The city acts as a perfect attractor for multi-national brands and companies, given the high ease of doing business in the city and the high personal disposable income of the Emirati and the non-Emirati in the region. Located at the crossroads of major shipping routes, the city connects the Pacific, Atlantic and the Indian Oceans. Dubai acts as a re-exporter for a number of goods that are produced in Asian markets and are distributed globally to Africa, the Middle-East, and Eastern Europe The Free Zones in the city, also contribute favorably to logistics with companies operating in free zones allowed 100% ownership, tax exemption, no custom duties among other perks.

Figure: UAE Logistics Market Size by Sub-Service, 2015, 2019 and 2025F

UAE Logistics Market Size by Sub-Service, 2015, 2019 and 2025F