Tuesday, February 23, 2021

High penetration acceptance of the use LEVs could radically reduce the high rate for demand of oil: Ken Research

 Establishing standard protocols for EVSE grid communication or creation of public-private partnership to fund and operate EVSE infrastructure is not yet present in KSA.

Type of Fleet Used: Most of the CEP companies such as UPS, DHL and Saudi Post use four-wheelers, particularly small vans, instead of two-wheelers to deliver parcels/packages in Saudi Arabia due to the unsuitable weather conditions and infrastructure of the country.

E-Mobility Solutions: Saudi Arabia and the UAE will invest nearly $50 bn in smart city projects through 2025 and most of the smart city projects such as NEOM and SPARK in KSA have a distinct focus on e-mobility solutions for residents.

Ease of operation through fixed charging hubs: Popular markets and food and beverage pick-up points are the ideal charging / swapping hubs to keep an EV or fleet ready for both last-mile goods and food deliveries. Battery swapping at hubs would also be an option that reduces charging time.

EV Infrastructure: Infrastructure plays a major role in adoption of EVs as a sufficient number of charging stations is a prerequisite for EV diffusion. The public and private sectors are reluctant to invest in charging stations as the number of EV users is still insufficient and, conversely, potential EV users hesitate from purchasing EVs due to the insufficient number of charging stations.

Government Policy: Public Investment Fund (PIF) is considering EV-related investments abroad, King Abdulaziz City for Science & Technology (KACST) is looking into EV potential in KSA. In 2018, the state-run Saudi Electric Co signed an agreement with Japanese auto giant Nissan Motor, electricity equipment firm Takaoka Toko, and Japanese utility giant Tokyo Electric Power Co to install fast-charging stations for EVs in the kingdom.

The report titled “Future Potential Market of LEVs in Last Mile Delivery Industry in KSA – Favorable Government Policies and Better Charging Infrastructure Availability to drive the LEV Sales in KSA Market” by Ken Research suggested that the Light Electric Vehicle market is further expected to grow in the near future owing to available tax benefits and convenient usage. The advent of e-commerce, food and grocery deliveries leading to a rapid increase in demand for last-mile deliveries along with the initiatives taken by the government regarding the EV Infrastructure and Policies will increase its sale in the near future.  The market is expected to register a positive ten year CAGR of 4.0% in terms of last mile delivery fleets during the forecast period 2020-2030F.


Key Segments Covered in LEV Adotpion in Last Mile Delivery Market in KSA

Business Side Potential for LEVs in KSA CEP Industry

CEP Market Size

Total Number of Courier Shipments

KSA E-Commerce Landscape

E-Commerce Market Major Categories

Total Number of E-Commerce Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA CEP Market

Future Projections towards Penetration of LEVs in Courier Segment

Business Side Potential for LEVs in KSA Grocery Delivery Market

KSA Online Grocery Ecosystem

KSA Online Grocery Market Size

KSA Online Grocery Market Concentration

KSA Online Grocery Market Segmentations

Total Number of Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA Grocery Delivery Market

Future Projections Towards Penetration of LEVs in Grocery Delivery Segment

Business Side Potential for LEVs in KSA Food Delivery Market

Landscape of Food Delivery Companies in Saudi Arabia

KSA Online Food Delivery Market Size

Total Number of Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA Food Delivery Market

Future Projections towards Penetration of LEVs in Food Delivery Segment

Key Target Audience

LEV Manufacturers

LEV Dealers/Distributors

Courier and Parcel Companies

E-Commerce Companies

Grocery Delivery Companies

Food Delivery Companies

Time Period Captured in the Report:

Historical Period: 2015-2020

Forecast Period: 2020–2030

Companies Covered:

EV Manufacturers

Tesla

BMW

Chevrolet

Renault

Hyundai

Nissan

CEP Industry

Saudi Post

Naquel Express

SMSA Express

DHL

Aramex

UPS

FedEx/TNT

Grocery Delivery Companies

Nana Direct

Zadfresh

Danube

Carrefour

Qareeb

Food Delivery Companies

Hungerstation

Careem

Jahez

Talabat

Mrsool

Key Topics Covered in the Report

Overview of Global EV Market

Genesis and Overview of KSA LEV Market

Ecosystem of Major Entities in Saudi Arabia LEV market

Charging Infrastructure for LEV Market in Saudi Arabia

Overview of KSA Last-Mile Delivery Market

Number of Orders/Shipments in KSA Last-Mile Delivery Market

Number of Fleets Deployed for Last Mile Delivery

Business Side Potential for LEVs in KSA CEP Industry including E-commerce Landscape in KSA

Business Side Potential for LEVs in KSA Grocery Delivery Market

Business Side Potential for LEVs in KSA Food Delivery Market

Regulatory Scenario and Framework in Saudi Arabia LEV Market

Opinions of Industry Experts regarding adoption of LEVs

Difference in EV costs compared to ICE vehicles- Cost Benefit Analysis

Viable Supply Chain Model for Adoption and Supplying LEVs in KSA

Current Landscape of LEV Offering in KSA

Major Deals/Transactions for LEVs in KSA

Impact of COVID 19 on EV sales

Future Analysis and Projections for LEVs in Saudi Arabia

Opportunity Analysis of an LEV in Last Mile Delivery

Case Studies for LEV Last-Mile Delivery

Recommendations / Success Factors

Research Methodology

Appendix

For more information on the research report, refer to below link:

Future Potential Market of LEVs in Last Mile Delivery Industry in KSA

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Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Life Science Analytics Market Outlook: Ken Research

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Life science analytics is used for exploiting big data to raise global collaboration based on precise clinical examination information. The life sciences analytics aids to regulate the clinical trials data and validate its observance. Advanced analytics aids in the primary detection of probable risks and also permits to proactively address them. Pharmaceutical and life science businesses mainly use life science analytics software to overwhelmed random necessities, trials in data integration, and improve operative efficiency. It enables the processing of third-party data and decodes the complications associated with the life science industry's organizational setup. Regulatory compliance reporting, product/service enablement, and marketing/sales funding are the major applications of analytics.


The study analysis of, ’Life Science Analytics Market: Market Segments: By Type (Reporting, Descriptive, Predictive and Prescriptive); By Application (Research and Development, Sales and Marketing, Regulatory Compliance, Supply Chain Analytics and Pharmacovigilance); By Delivery Model (On-demand and On-premises); By End-user (Medical Devices, Pharmaceutical, Biotechnology and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030 ‘ Life Science Analytics market, which is highly competitive, consists of several major players such as Oracle Corporation (US), Accenture (Ireland), SAS Institute Inc. (US), IBM Corporation (US), IQVIA (US), Wipro (India), Cognizant (US), SCIO Health Analytics (US) holds a substantial market share in the Life Science Analytics market. Other players analyzed in this report are Allscripts Healthcare Solutions (US), Cerner Corporation (US), Microsoft (US), Infosys Limited (US), MaxisIT (US), Optum (US), and Cotiviti (US) among others. The market competition has been stepped up by the availability of many players offering Life Science Analytics. For Instance, In February 2020, IQVIA had launched Avacare Clinical Research Network is a global-based site network, which would help provide more opportunities and patient options for clinical trials.

The market is further segmented as follows: By Type segmented into Reporting, Descriptive, Predictive, and Prescriptive. By Application segmented into Research and Development, Sales and Marketing, Regulatory Compliance, Supply Chain Analytics and Pharmacovigilance. By Delivery Model segmented into On-demand and On-premises. By End-user segmented into Medical Devices, Pharmaceutical, Biotechnology, and Others.

Life Science Analytics Market is segmented based on regional analysis into five major regions. These embrace North America, Latin America, Europe, APAC, and MENA. Life Science Analytics Market in North America held the largest market share of 50.7% in the year 2019. The presence of supporting government policies for telehealth deployment, the availability of sound IT infrastructure, and high digital literacy are some of the major factors contributing to market growth in the country. In addition, there has been increased adoption of life science analytics as a result of the demand to curb increasing healthcare expenditure in this field. In the Asia Pacific, during the forecast period, the market is expected to see the highest growth rate. There are few criteria supporting the growth of the market in the area that endorse government policies encouraging life science analytics and rising healthcare spending.

Furthermore, the key factors for the development of the life sciences analytics market comprise the increasing adoption of analytics solutions in pharmaceuticals and clinical trials, increasing pressure to decrease healthcare spending, the requirement for better patient consequences, and the appearance of advanced analytics devices in life science companies. There is an upsurge in the usage of analytics in clinical trials, as showing clinical trials has become multifaceted, as it includes many activities and produces high volumes of data from diverse systems. Therefore, it is expected that the market of Life science analytics will boost up throughout the forecast amount.

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

Global Life Science Analytics Market Analysis

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Contact Us:-

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future Potential Market of LEVs in Last Mile Delivery Industry in KSA: Ken Research

 The report titled “Future Potential Market of LEVs in Last Mile Delivery Industry in KSA – Favorable Government Policies and Better Charging Infrastructure Availability to drive the LEV Sales in KSA Market” provides a comprehensive analysis of the future potential of Light Electric Vehicle industry in Last Mile Delivery Industry in the KSA. The report covers various aspects including the current EV Scenario and charging infrsatructure status in KSA along with the business potential of CEP, E-Commerce, Food and Grocery Delivery industry in terms of number of orders and fleet metrics (Fleet type, average distance travelled, number of delivery fleets, maintenance charges and payload capacity), major trends and development, issues and challenges, government regulations and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by EV sales volume in best, neutral and worst case scenario.


KSA Electric Vehicle Market

EVs are slowly gaining traction with less than 0.5% of vehicles deployed as PHEVs in Saudi Arabia. Efforts to create a market for EVs are consistent with the Saudi Crown Prince Muhammed bin Salman’s Vision 2030 plan, which aims to reduce the country’s dependence on oil, diversify the economy, and implement a range of social reforms. The EV infrastructure in Saudi Arabia is still lagging behind as the government is yet to install charging stations in public areas.

Several gaps in the EV market such as a limited hybrid car range, high prices, insufficient battery life and an underdeveloped charging ecosystem are yet to be filled.  Fleet operators need to create and manage vehicle service infrastructure and charging infrastructure on their own due to limited availability of existing set-ups in public domain.

Last-Mile Delivery Industry in KSA

Business Side Potential for LEVs in KSA CEP Industry

Domestic express courier dominates the market and is expected to register revenue growth at a CAGR of 4.4% and growth in shipments at a CAGR of 8.6% during the forecasted year 2020-2030. CEP Shipments include E-Commerce, Pharma and Grocery deliveries. The express companies such as UPS, DHL and Saudi Post use four-wheelers particularly small vans, to deliver parcels/packages in Saudi Arabia. E-commerce delivery vans usually make 45-50 deliveries in a day, with an average trip length of 100 kms in Tier 1 cities and 50 kms in Tier 2/3 cities. Major players in this category include Saudi Post, Naquel Express, SMSA Express, DHL, Aramex and UPS. Currently, LEVs do not promise a high adoption potential attributed to both a high cost disparity and a lack of vehicle. However, small format EVs may gain momentum in the near future, given their lower fuel and maintenance costs. They are also less dependent on charging infrastructure, since their power requirements are lower, and they are more likely to come in models that allow battery swapping.

Business Side Potential for LEVs in Grocery Delivery Industry

The industry is at nascent stage registering double digit growth rate between 30-40% in revenue terms. Online grocery penetration in terms of users is expected to increase from 3.7% in 2019 to 20% by 2025 owing shift in customer preference from offline to online grocery shopping. Grocery companies such as Danube and Carrefour have their own in-house fleet whereas others usually partner with third party operators to fulfill customer orders. Riyadh, Medina and Makkah are recognized as regions with maximum demand and supply of online grocery service where LEVs could be initially deployed. Expanding in-house delivery fleet or partnering with fleet management companies on contractual basis will enable the companies to minimize the costs & gain a competitive edge in the industry. Major companies in the segment include Nana Direct, Zadfresh, Danube, Qareeb and Carrefour.

Business Side Potential for LEVs in Food Delivery Industry

Saudi Arabia witnessed an unprecedented growth in the online food delivery market for the past few years. The industry is expected to register a revenue growth of 7.2% during the forecaster year fulfilling over 200 million orders. Aggregator platforms like Hungrstation, Careem and Jahez have expanded all over the kingdom through the sale of reliable infrastructure solutions and attractive commission rates for restaurants. The companies operate on pay per delivery model where the freelancers owning an car or a two wheeler  are hired and paid on the basis of the number of orders delivered. Major companies in the segment include Hungerstation, talabat, Careem, Jahez and Mrsool. Partnership with restaurants, malls, real-estate developers and other commercial hubs should be explored for the potential deployment of charging infrastructure for LEVs. Popular markets and food and beverage pick-up points are the ideal charging / swapping hubs to keep an EV fleet ready for both last-mile goods and food deliveries.

Identification of Gaps in Last Mile Delivery:

Most e-commerce retailers in KSA struggle with last-mile delivery as delays, reduced success rate & difficulty cash on delivery (COD) handling. Expectation of same-day deliveries from the consumers puts a greater strain on the budget. Inconsistent demand, with spikes during festive seasons such as Ramadan put additional pressure on supply side ecosystem for e-commerce logistics and hyperlocal logistic service providers.

E-com Retailers need to come up with solutions such as Tech-Enabled E-com Logistics Platform/Automated Shipping Software, B2B SAAS Platform and Digital Freight Brokers/ Load Discovery Aggregator Platform to solve the LMD problem in an efficient way to meet the growing customer demands

Top 3 Oppurtunities for LEVs in Last-Mile Delivery:

E-Mobility Solutions: E-commerce players like Amazon witnessing a large volume of orders and requiring larger delivery fleets will slowly move towards LEVs by partnering with e-mobility startups and suppliers to convert their fleet into an e-fleet.

Reduced Operational Cost: The cost to rent and maintain e-vehicles like e-scooters and e-cars will be lower in comparison to their ICE counterparts since there is no additional expenses like petrol/diesel costs.

Dealership and Franchise Oppurtunities: Entry of new players in the EV space creates myriad opportunities for prospective companies to explore dealer/distributorship of these brands. With Tesla also planning to enter the KSA market in a year or two, the companies can establish itself as a credible dealer and partner with electric car brands to help the clients purchase and deliver to their various locations. Electric car franchise and reselling business have bright future since the number of LEVs increases.

Future Analysis and Projections for LEVs in Saudi Arabia

KSA could witness an LEV penetration between 5-7% by 2025. The neutral case scenario predicts KSA will build a framework like UAE such as free charging stations, discounted car registrations, toll exemptions, and other perks to incentivize people to give up their traditional cars for EVs. However, barriers such as TCO parity, high battery cost & infrastructure challenges such as mass deployment of charging stations in public area may slow down the adoption rate. Introduction of new model vehicles to provide greater choice along with promotion of greater levels of understanding of the capabilities, benefits and imperatives for adopting EVs will accelerate adoption.

Key Segments Covered in LEV Adotpion in Last Mile Delivery Market in KSA

Business Side Potential for LEVs in KSA CEP Industry

CEP Market Size

Total Number of Courier Shipments

KSA E-Commerce Landscape

E-Commerce Market Major Categories

Total Number of E-Commerce Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA CEP Market

Future Projections towards Penetration of LEVs in Courier Segment

Business Side Potential for LEVs in KSA Grocery Delivery Market

KSA Online Grocery Ecosystem

KSA Online Grocery Market Size

KSA Online Grocery Market Concentration

KSA Online Grocery Market Segmentations

Total Number of Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA Grocery Delivery Market

Future Projections Towards Penetration of LEVs in Grocery Delivery Segment

Business Side Potential for LEVs in KSA Food Delivery Market

Landscape of Food Delivery Companies in Saudi Arabia

KSA Online Food Delivery Market Size

Total Number of Orders

Total Number of Vehicles Deployed

Competition Scenario in KSA Food Delivery Market

Future Projections Towards Penetration of LEVs in Food Delivery Segment

Key Target Audience

LEV Manufacturers

LEV Dealers/Distributors

Courier and Parcel Companies

E-Commerce Companies

Grocery Delivery Companies

Food Delivery Companies

Time Period Captured in the Report:

Historical Period: 2015-2020

Forecast Period: 2020–2030

Companies Covered:

EV Manufacturers

Tesla

BMW

Chevrolet

Renault

Hyundai

Nissan

CEP Industry

Saudi Post

Naquel Express

SMSA Express

DHL

Aramex

UPS

FedEx/TNT

Grocery Delivery Companies

Nana Direct

Zadfresh

Danube

Carrefour

Qareeb

Food Delivery Companies

Hungerstation

Careem

Jahez

Talabat

Mrsool

Key Topics Covered in the Report

Overview of Global EV Market

Genesis and Overview of KSA LEV Market

Ecosystem of Major Entities in Saudi Arabia LEV market

Charging Infrastructure for LEV Market in Saudi Arabia

Overview of KSA Last-Mile Delivery Market

Number of Orders/Shipments in KSA Last-Mile Delivery Market

Number of Fleets Deployed for Last Mile Delivery

Business Side Potential for LEVs in KSA CEP Industry including E-commerce Landscape in KSA

Business Side Potential for LEVs in KSA Grocery Delivery Market

Business Side Potential for LEVs in KSA Food Delivery Market

Regulatory Scenario and Framework in Saudi Arabia LEV Market

Opinions of Industry Experts regarding adoption of LEVs

Difference in EV costs compared to ICE vehicles- Cost Benefit Analysis

Viable Supply Chain Model for Adoption and Supplying LEVs in KSA

Current Landscape of LEV Offering in KSA

Major Deals/Transactions for LEVs in KSA

Impact of COVID 19 on EV sales

Future Analysis and Projections for LEVs in Saudi Arabia

Opportunity Analysis of an LEV in Last Mile Delivery

Case Studies for LEV Last-Mile Delivery

Recommendations / Success Factors

Research Methodology

Appendix

For more information on the research report, refer to below link:

Future Potential Market of LEVs in Last Mile Delivery Industry in KSA

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Global Last Mile Delivery Market Report 2019, Competitive Landscape, Trends and Opportunities

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Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future of Global Renewable Drones Market Outlook: Ken Research

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The Renewable drones are prearranged to enlarge at a speedy pace as the industry focuses on UAV services, line-of-sight applications, ocean-going ship tracking, examination or wind turbine inspection, an inspection of offshore podiums, and refineries, witnessing of power lines, and solar panels around the energy sector. As one manner to alleviate congestion and improve the air quality in urban locations, passenger drones have been touted. Equipped with thermal cameras, drones make it conceivable to conduct inspections speedily and on a scale. On wind farms across the world, drones are transforming the inspections. Wind turbines are left unprotected to the elements as they run - both onshore and offshore. Also, minor impairment and wasted energy can cause inefficiencies. By offering speedy and remote coverage of turbines, drones will decrease the time engineers require to spend in precarious positions. The technology is also much inexpensive than a manned team, confirming that wind farms can carry out drone inspections of wind turbines with superior regularity to keep operations running at 100%.


According to the report analysis, ‘Renewable Drones Market: Segments: By Type (Multirotor and Fixed win); By Application (Telecommunications, Automotive, Industrial, Medical, Military, Defense& Aerospace and Others); By End user (Solar and Wind); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030’ states that the Renewable Drones Market to surpass USD 152 million by 2030 from USD 42 million during 2019 at a CAGR of 26.5% throughout the review period, i.e., 2020-30. The foremost factors propelling the requirement for sustainable drones are projected to augment the adoption of drones to decrease the cost of inspection operations based on asset optimization and the growing construction of solar and wind farms. The effective augment of environmental issues and growing usage of clean energy alternatives are probable to be the foremost factors driving the worldwide demand for green drones throughout the forecast era. Present technical developments and international agreements have also allowed countries worldwide to shift to the renewable energy market and improve their energy infrastructure which is projected that will expand the worldwide requirement for renewable drones over the coming years.

Although, the Sector of renewable energy is among the fastest-growing sectors around the globe. With advanced technology, renewable energy plants are being built at a speedy rate, with an effective growth in the requirement for clean and sustainable energy. Regions are moving their emphasis from traditional sources of energy toward increasing renewable energy production. At a CAGR of more than 21% since 2000, wind power has augmented. In addition, onshore wind power installations are projected to create the demand for new wind turbines as well as the replacement of old turbines. Wind power plant construction is capital-intensive, and asset owners focus to optimize returns and decrease investment. This is where the drones join the picture. Drones would support minimizing wind turbine inspection costs by at least 40%.

Additionally, owing to extensive agricultural land and attempts to minimize the utilization of fossil fuel oil, the requirement for renewable drones around the Middle East & Africa is projected to grow at a significant pace throughout the forecast period. Government pollution-free and clean energy policies are also predicted to drive the region's green drone market throughout the forecast period. Therefore, in the near years, it is predicted that the market of renewable drones will increase around the globe more effectively over the upcoming years.

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

Global Renewable Drones Market Analysis

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth In Insights Of Mauritius Agriculture Market Outlook: Ken Research

Agriculture has always been of excessive significance for Mauritius, as feeding the world’s largest inhabitants is not an easy task. The Mauritius government has been supportive the agriculture industry with a quantity of policies, trying to stabilize the output and in the hunt for ways to ensure the sector is rising healthily and sustainably. The Mauritius federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as to the necessity for land, labour and tax reform to benefit the sector reach its potential. Due to supportive strategies, the agriculture sector’s performance has been civilizing steadily in recent years. Mauritius keeps its first rank in the world in terms of farming output, making large quantities of rice, wheat, cotton, meat, poultry, eggs and fishery products.

Moreover, the government has assumed a number of multi-year policies, such as a pledge to double farmer incomes and become the self-sufficient in pulses over an indeterminate short-term period. However, modification needs to go much deeper, exclusively considering the fact that during the years to 2050, agriculture is predictable to provide livelihoods for about half the rural inhabitants, despite ongoing urbanization in the country. Most farmers are involved in low-scale subsistence farming and have a hard time accessing credit and forfeiting it back. Therefore poverty and crop holiday years, as well as cancelling farming, or even committing suicide, is widespread amongst the farmers around the country.

According to the report analysis, ‘Mauritius Agriculture Market Trends, Statistics, Growth, and Forecastsstates that the country has made exertions to participate new agricultural technologies to progress the sector’s efficiency and surge land productivity. The extraordinary costs and low profits of agricultural invention are the major internal inhibitors of Mauritius’s agriculture segment. They are also the primary influence hampering the growth of farmers’ income and leading to shrinking of the labour force in agriculture. The Food safety has been a highest concern for the Mauritius consumers, especially with reference to farm produce such as grains, meat, vegetables and seafood. Modern scandals have somewhat inhibited consumers’ confidence in food safety, and in response, the government has introduced guidelines to improve food safety and toughen quality monitoring. The growing demand for high-quality agricultural products versus their imperfect supply ultimately results in improved imports. 

Furthermore, the Mauritius’s agriculture sector arranges for the livelihoods to households in rural positions. Together with forestry and fisheries, it is one of the prime contributors to the Mauritius’s GDP. Agricultural procedures including simple subsistence farming, intensive subsistence farming, commercial farming and plantation farming as an abnormal of the commercial farming are all extant in India.

Some states specialize in aggregate certain crops commercially, while others augment the same crops as a subsistence farming commotion. The Mauritius government has for decades keenly supported the agriculture sector through the mechanisms such as fertilizer subsidies, and comfortable lending conditions, amongst others, permitting farmers to have a fair assessment of their revenues and plan for the succeeding agricultural season accordingly. Through a network of public institutions and numerous programmes and schemes, Mauritius’s federal and provincial authorities are trying to safeguard the agricultural producers and boost production. A number of policy actions have been taken to discourse two major elements – soil and water – that are critical to enlightening the agricultural output.

For More Information, refer to below link:-

Mauritius Agriculture Market

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

Future of Global Healthcare IT Integration Market Outlook: Ken Research

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The Healthcare IT integration denotes the preparation of digital intervention for the operative management of patient health. The practice allows the operative archiving, monitoring, integration, and communication of patient’s health in a protected environment. In primary healthcare centers, the healthcare IT integration performs are utilized for determination such as computerized provider order entry, clinical decision support, electronic prescribing, customer health IT applications, and storage and transference of electronic medical records around the dissimilar endpoints.


According to the report analysis, ‘Healthcare IT Integration Market: Market Segments: By Product & Service (Products and Services); By End-User (Hospitals, Laboratories, Clinics, Diagnostic Imaging Centers and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030’ states that the Healthcare IT Integration Market to surpass USD 7.2 billion by 2030 from USD 2.8 billion during 2019 at a CAGR of 11.6% throughout the review period, i.e., 2020-30. The informal availability of technologically advanced goods, the reducing costs of communication devices, the technological improvement of the healthcare industry, and the growing utilization of mobile computing devices by both healthcare practitioners and patients have all significantly benefited the market. The need for efficacious integration strategies and resources is also being felt with the augmented intervention of IT technologies. During the next few years, these factors will pursue to drive the requirement as well.

In addition, the aspects such as the requirement to generate a centralized website for patient information and several other healthcare services, the requirement to develop the efficacy of prevailing the medical practices and facilities, the requirement to minimize or contain healthcare spending, and the augment in the requirement for paperless technology are propelling the market. An emerging region such as India, which already capitalizes on a lower percentage of GDP in healthcare, is also looking for budget cuts, with the execution of IT in healthcare being one of the ways forward.

Although, the Information about patients is perplexing, private, and sometimes unstructured. It is a challenge to merge this knowledge into the delivery procedure of healthcare, which must be met in order to comprehend opportunities to develop patient care. While EHRs have been in usage for more than a decade, because of government measures in dissimilar countries to improve patient safety, the market has picked up momentum during recent years. The increasing number of accountable care organizations that have also underwritten requirements is another important factor around the country. In other nations, government policies also encourage the implementation of EHRs and demand their meaningful usage to monitor the increasing costs of healthcare and augment the quality of patient care.

Not only has this, but the Asia Pacific is also predicted to show the greatest growth rate during the forecast duration. The region's high growth rate can majorly be attributed to favorable government measures to announce IT in the healthcare sector, growing medical tourism, increasing requirement for advanced telehealth & eHealth solutions owing to the outbreak of COVID-19, and growing demand for quality healthcare around the region. Therefore, in the near years, it is predicted that the market of healthcare IT integration will increase around the globe more effectively over the upcoming years.

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

Global Healthcare IT Integration Market Analysis

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Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future of Global Cannabis Infused Edible Products Market: Ken Research

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Global Cannabis Infused Edible Products Market is valued at approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2027. Cannabis-infused edible products is a food product that includes cannabinoids, particularly tetrahydrocannabinol (THC). Nowadays, the utilization of cannabis-based foods & beverages is getting immense popularity as they offer several health benefits, including healing insomnia, seizures, inflammation, anxiety, and chronic pain. There are over 100 distinct types of cannabinoids are accessible in the market among them tetrahydrocannabinol (THC) and cannabidiol (CBD) are the two extremely used cannabis. THC-dominant edibles are mostly used for medical and recreational purposes. Amidst the COVID-19 crisis, many industries are facing extreme difficulties due to the measures being undertaken to prevent the widespread of the novel coronavirus, but the cannabis industry is having a breakthrough moment. Since it is beneficial for COVID-19's respiratory effects, thus state and local governments gradually accepting the value and benefits of medicinal cannabis. Thus, this factor is expected to strengthen the demand for cannabis-infused edible products. Furthermore, legalizing of recreational cannabis in various countries, escalating demand for cannabis-based wellness drinks, along with the rising disposable income of the consumers and improving living standards are the few factors responsible for the high CAGR of the market over the forecast period. For instance, For instance, in 2018, the government of Canada has endorsed the consumption of cannabis among adults and is also criticized to authorize the use of cannabis fortified edibles by October 2019. Also, the consumption of cannabis has been legalized across the countries of South and Central America, and Africa. This, in turn, is expected to accelerate the demand for cannabis-infused edible products around the world. However, fluctuating prices of raw materials and the shortage of supplying high-quality cannabis in various countries are the major factor constraining the market growth during the forecast period of 2020-2027.


The regional analysis of the global Cannabis-Infused Edible Products market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the lifting of bans on the consumption of cannabis in the production of food and beverages followed by the growth of the food & beverage sector in the region. However, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period of 2020-2027.

Major market player included in this report are: -

Kiva Confections

Charlotte's Web

Cannabinoid Creations

Dixie Elixirs

Sprig

Botanic Labs.

Bhang Corporation

Mentor Capital

VCC BRANDS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type: -

Food

Beverages

By Distribution Channel:

Supermarkets/Hypermarkets

Convenience stores

Specialist stores

Online stores

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year -2017, 2018

Base year-2019

Forecast period-2020 to 2027

Target Audience of the Global Cannabis Infused Edible Products Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

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

Global Cannabis Infused Edible Products Market

Related Report:-

Global Cannabis-infused Edible Products 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

Increases in Rice And Corn Production Expected to Drive Indonesia Agriculture Market: Ken Research

Indonesia is world’s leading producer of palm oil as well as a leading global producer of other commodities such as rubber, cocoa, and coffee. Indonesia is a rich country in fertile land ideal for growing different ranges of crops for both export & domestic consumption. However, these are export crops that have come to direct land use and employment to take the advantage of peaks in global commodity prices. In addition, country is heavily reliant on imports for staple goods for instance wheat, soybeans and sugar which have increased the issue of food security on the national agenda as globe food prices have continued to climb. Improving the productivity of Indonesian government & privately owned plantations, in addition to small-hold farmers through the adoption of technology and land consolidation is an additional issue to contend with that requires striking a weak balance in a sector that employs more than 40% of the workforce.

Agricultural sector is vastly fragmented in the country, which is made up of state owned estates recognized PT Perkebunan Nusantara (PTPN), small hold farmers and large scale private plantations. Palm oil is a leading sub-sector as well as rubber, cocoa, and coffee that are mainly exported. Staple crops including sugar, corn, and rice alongside vegetables for domestic consumption are mostly carried out by small holding farmers. Improving self-sufficiency in the key foodstuffs is a priority for the agriculture sector as imports of key crops for instance sugar and wheat are increasing. Particularly, for wheat, the country is almost completely reliant on imports from markets for instance Australia and is the major importer of the crop in South East Asia.

According to study, Indonesia Agriculture Market Trends, Statistics, Growth, and Forecasts states that the country has made energies to integrate new agricultural technologies to expand the sector’s efficiency and increase land output.

The market is driven by increases in rice & corn production. Country’s coffee bean producers record a favorable performance and are anticipated to continue on growth path due to strengthening domestic demand. However, limited water supply may impact the market. Moreover, policy support for promoting rain-fed farming is a key opportunity for market. Furthermore, increase in investment in agriculture for modernizing the food system is a major trend for market. These investments help to improve the country’s food production as well as enable households to engage in more productive sector & earn a better income. Synergies between policy and investment goals must be attained to create more opportunities & efficiencies in achieving food security for society as a whole. Indonesia country report examines the potential for agricultural sector investments to generate faster agricultural as well as economic growth and to improve the food security. It is expected that Indonesia can virtually end hunger by 2030 with a combination of higher investments in agricultural research & development (R&D), water use efficiency (WUE) and irrigation expansion, and rural infrastructure like electricity, roads, and railways.

For More Information, refer to below link:-

Indonesia Agriculture Market

Related Report:-

Zambia Agriculture Market Trends, Statistics, Growth, and Forecasts

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