Monday, July 18, 2022

India Agricultural Cold Storage Industry: Ken Research

 

India – An Agrarian Economy

India has high proportion of agricultural land (157 Mn hectares), diverse agro climate with 20 agro-climatic zones encompassing all 15 major climates of world, possess XX soil types in world, receives XX mm of rainfall, leading producer of milk, sugar, spices and second largest producer of fruits, vegetables, wheat, pulses; poises India as a key contributor to world agricultural output. Around XX% of annual GDP is derived from agriculture and allied activities and XX% of population is directly employed in agriculture while XX% of population is dependent on agriculture as primary source of livelihood.

Although the crop production statistics position India as a crucial contributor to world pool, India lags behind in making production accessible to its 1.3 Bn+ population and performs poorly in Global Hunger Index. It is estimated that wastages due to poor post-harvest management solutions costs annually around INR XX Lakh Crores.

Demand and Supply side Cold Storage Trends

One of the key reasons for looming wastages is the lack of availability of required cold chain infrastructure – pack houses, reefer vehicles, bulk and hub cold storage units. While cold storage units not only increase the shelf life of produce but also preserves the nutrient value and aids in better price discovery of farmers. In India, Potato is the single largest crop being stored in such units, followed by Tomatoes, Brinjal, Onion, Apple, Pears, Banana, and Oranges etc. Depending upon the type of crop and recommended practices, different types of cold storage type and temperature is required, For instance, Apples are best stored under Controlled Atmosphere equipped cold storage units for 3-10 months.

As per government study conducted in 2015, India had a massive requirement of XX pack-houses, XX Mn MT capacity of cold storage units, XX reefer trucks against the availability of mere XX reefer trucks and XX Mn MT capacity.

Overview of Cold Storage Capacity in India

With the push by government via various incentive led schemes and recommendations of NCCD (2015), number of cold storage units have increased to XX in August 2020 with an average capacity of XX MT. The total cold storage capacity has also increased at a CAGR of XX% during 2010-20.

Pain Points In Indian Cold Storage Industry

While, the improvement in cold storage infrastructure at an aggregate level is noteworthy, the problems lies within different segments of aggregate level. It is noted that top 5 states contribute XX% to total cold storage capacity and XX% of these units are decade old, rendering them as outdated for storing multiple commodities (only XX% of capacity is equipped with multi-commodity storage). Majority of the units are used for storing fruits and vegetables with little storage contribution made by livestock, poultry, sea food and dairy products. Only XX% of capacity is equipped with controlled atmosphere technologies, which is required for storing apples, pears and Kiwi etc.

Further, at farm-gate level; there is a dire need to upgrade the availability of modern pack-houses (for grading, sorting, pre-cooling and packing produce) and link such establishments with cold chain transportation infrastructure. At present, most of the farmers carry their produce in trolleys, tractors and take it to urban areas (Tier I cities) to store in cold storage facilities, which adds to the travel and transportation costs and also increase loading/transportation/unloading wastages.

Snapshot of cold storage Industry in Uttar Pradesh

Agricultural Snapshot: Total geographical area of UP is 29.4 Mn ha with cultivable area being XX Mn ha. The net sown area is XX Mn ha with XX Mn ha being sown more than once with a cropping intensity of XX%. The key crops produced in the state - Wheat, rice, potato and sugarcane accounts for XX%, XX%, XX% & XX% of  country’s produce respectively and western region contributes XX% to state’s output. Till 2020, total of XX Mn Kisan Credit Cards have been issued to the state farmers with a total outstanding INR XX Crores.

Western UP is a key Potato growing region with Agra, Farukkhabad, Badaun, Hathras, Aligarh, Urai, Hamirpur etc. having excess Potato storage facilities. Other produce stored in cold storage units include Mango, Milk, Meat, Tomato, Brinjal etc. Majority of Potato produce is sold to traders directly or via Mandi’s while the focus has been increasing towards contract farming since 2017. Some of the key state government’s initiatives include:

UP horticulture department has taken an initiative to set up XX cold storages with a subsidy of INR XX Cr split between Centre & State.

Interest subsidy for purchase of reefer vehicles and mobile pre-cooling vans, upto a maximum of INR XX Lakh.

Trends and developments in Cold Storage Industry

Growing food processing industry and shift in cropping patterns to horticulture are key growth drivers for uptake in demand for cold storage solutions. Further, the past decade has also witnessed the entry of many Agri-tech startups focusing on solving industry problems including lack of irregular electricity supply, fixed structures of cold storages and some sector-specific challenges as well.

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Support by Indian Government to Promote Cold Storages

Indian Government is focused on establishing a robust cold chain infrastructure to enhance the farmers’ income by preventing supply chain losses by bringing and implementing favorable policies such as new agriculture laws - The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, The Essential Commodities Act (Amendment) Bill, The Farmers Agreement of Price Assurance and Farm Services Act - are in the right direction, and aim to transform the sector to make it more liberal and encourage private investments in the sector.

Impact of COVID-19 and Future outlook of Industry

The impact of COVID-19 restrictions - temporary closure of Mandi, unavailability of rural labor during harvest season, supply chain restrictions for inter-state movement of goods took a toll on occupancy rates of cold chain units. While, revenue was hindered, continuation of operational expenses (electricity, water, facility rent) also impacted profitability of cold storage units with closure of highly indebted units.

Government’s push along with each state’s agricultural capabilities is the key to define regional landscape in next 5 years, backed by strong momentum witnessed in sub-segments of controlled atmosphere technology, mid-chill temperature and high capacity utilization levels from different end user- meat, sea-food & dairy products.

Key Topics Covered in the Report: -

  • Snapshot of Agriculture in India (State wise Production statistics of Cereals, Horticulture, Meat, Livestock and Poultry)
  • Situation of Farmers in India (Profile of Farmer, Role in Value Chain, Problems and Issues faced in storage of produce)
  • Overview and Segmentation of Cold Storage Units (By Storage Temperature, Technology, Regional & State wise Distribution)
  • Demand side and Supply side Indicators of Cold Storage Solutions
  • Growth Drivers and Challenges to growth of Cold Storage Industry
  • Cold Storage Demand-Supply Profile of Key States – Uttar Pradesh, West Bengal, Gujarat, Punjab and Andhra Pradesh, Maharashtra, J&K and Himachal Pradesh
  • Trends and Developments
  • Union and State Government Support to Cold Storage Sector
  • Impact of COVID-19 and Future Outlook of Industry
  • Business Attractiveness at Farm gate level
  • Recommendations for operating Sustainable Business

For More Information, refer to below link:-

India Agricultural Cold Storage Industry

Related Reports:-

India Agritech Market Outlook to FY’2025-By Nature of Services (Input Market Linkage & Farming as a Service, Supply Chain, Post-Harvest Management & Output Market Linkage, Precision Farming, Advisory & Analytics and Agri Fintech)

Business Potential for Cold Storage Facility in JNPT Outlook to FY25 – Driven by increasing Trade of Food Products and Pharmaceuticals along with growth in QSR

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Corporate Recruitment Strategies – Ken Research

 The most imperative part of a start-up’s growth is not the product or the technology. It is the market. There is no manner to have an efficacious startup without an appropriate go-to-market strategy. The procedure of generating a go-to-market strategy is not something you should leave to chance. While the procedure may not be easy, the result of having a solid plan in place can be the modification between the success and failure of your business.

A go-to-market strategy is a high-level overview of how a product will be brought to market. Precisely, it is a plan for encouraging and selling the product throughout the launch phase and beyond. The go-to-market strategy sets out guidelines on everything from pricing to sales channels and marketing campaigns. A dominant component of any efficacious go-to-market strategy is a well-defined sales and marketing plan. This document should lay out accurately who the target market for the product is and how they will be reached and propelled to purchase the product.

It is possible to prosper without a go-to-market strategy, but for that to happen you require a once-in-a-generation product or an enormous amount of luck. A good go-to-market strategy is profitable sales territory plan to mitigate risk and maximize return on investment (ROI) by congregation knowledge before the event and utilizing those insights to make the most operative action. 



Not only has this, Ken Research provide reports on Corporate Recruitment Strategies. This strategy can decrease the amount of time crucial positions stay open. By advertising job openings in a manner that precisely targets qualified candidates, those who would be a decent fit for the role are more probable to see and apply. In addition, our corporate recruitment strategies can also target underutilized groups, such as ethnic minorities or individuals with disabilities. By confirming the representation of under-represented groups in the candidate pool of an open position, companies can augment the diversity in their workplaces. 

Furthermore, the performance benchmarking in manufacturing is utilized by establishing baselines and associating them with actual results. As long as clear objectives are set, and with the appropriate infrastructure, this results comparison can assist a company move in the accurate direction and even assist to mitigate risk. Not only has this, reports on performance benchmarking in manufacturing delivers a common basis of comparison utilizing the foundational metrics or unrelated business processes and functions that can be experienced in the same or similar manners independent of industry.

Although, the markets can be well-defined in dissimilar ways, and each requires to be considered in a go-to-market strategy. Markets can be a precise sector, a profession, a demographic, or a physical place. Sometimes, these require little thought. 

We understand that an all-inclusive go-to-market strategy demands a lot of moving pieces, especially when it comes to positioning your business’ sales and marketing efforts and collateral. Launching a product efficaciously all comes down to beginning somewhere - even when you don’t know where to begin and how to create a sales territory plan. Let us help you recognize the accurate target audience, craft a robust unique value proposition, and build up your sales and marketing collateral databases, all while restructuring your sales cycle from very start to finish. 

Read Also –

Know Your Target Customers with Our Reports on Go-To-Market Strategy

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Ankur Gupta, Head Marketing & Communications

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Libya Diagnostic Medical Devices Market Research Report 2022 Segmented by Major Key Players, Growth Strategy and Countries Forecast to 2026: Ken Research

Libya Diagnostic Medical Devices Market Overview:

The Diagnostic Medical Device Market in Libya has seen a comprehensive and significant growth over the last few years owing to Libya’s expanding healthcare infrastructure and improving quality of the healthcare services. The majority of Blood Gas Analyzers and Immunoassay Analyzers in Libya are imported from the European countries. Rise in disease prevalence has driven the country’s need to adopt new generation diagnostic devices, resulting in increasing the demand for the Blood Gas and POC Immunoassay Analyzers in the country. The rising incidence of chronic diseases such as cardiovascular, Immunological and Neonatal diseases with addition to Covid-19 have led to an increase in emphasis on early diagnosis in Libya.

In Libya most of the healthcare expenditure and supply of healthcare services are accounted by Public Sector as these facilities are free for all of the country’s citizen. Libya offers a variety of opportunities in terms of advancements in the healthcare sector, as the government is keen on expanding the healthcare industry, especially relating to medical devices. Libya is expected to see increase in the role pf private sector in terms of diagnostics and treatments. Quality, safety improvement and sustainment assurance has become a priority for most of the end users. The market was significantly influenced by political situation in the country. Better political situation will not only help to lead the medical devices demand but also the entry of new emergent players in the market.

An increasing number of patients suffering from cancer and chronic diseases is a major factor expected to fuel demand for Blood Gas Analyzers in Libya. Slow and steady rise in the adoption rate is expected to fuel the future of the market which is majorly due to the increased demand in the private sector in the POC IAA market. Libya’s healthcare sector has solid foundations, exciting growth opportunities and promising talent, making it the future of the healthcare industry.

Libya Blood Gas Analyzer Market Segmentations:

Market Size: The Blood Gas Analyzer market size is on the basis of installed base. There has been a rise in the POC devices over the years though, the use of central lab blood gas analyzers dominates the market.

By Type of Device: The Blood Gas Analyzer are segmented by type of product category into Central Lab Devices and POC installed in Libya. Further POC devices have been segmented as POC Benchtop devices and POC Handheld.

By Type of Sales Model: Blood Gas Analyzer are further segmented into Consumable Sales Model and Outright sales Model. Where Consumable sales model is the reagent model and Outright Sale model is a direct sale device.

By Type of End Users: Blood Gas Analyzer are segmented on the basis of sector of Entity Type which are the Hospitals, government and private hospitals as well as the Clinics and Independent Labs.

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Libya POC Immunoassay Analyzer Market Segmentations:

Market Size: The POC Immunoassay Analyzer market size is segmented on the basis of installed base. There has been a rise in the POC devices over the years.

By Type of Sales Model: POC Immunoassay Analyzer are further segmented into Consumable Sales Model and Outright sales Model. Where Consumable sales model is the reagent model and Outright Sale model is a direct sale device.

By Type of Test Conducted: The POC Immunoassay Analyzer market is segmented on the basis of major types of tests conducted in a year

By Type of End Users: POC Immunoassay Analyzer are segmented on the basis of sector of Entity Type which are the Hospitals, government and private hospitals

Comparative Landscape in Libya Blood Gas Analyzer and POC Immunoassay Analyzer Market

In the majority of the product segments, the competition was observed to be concentrated with global players such as Opti Medical, Radiometer, and Others. Nevertheless, the global market leaders for manufacturing Blood Gas Analyzer and POC Immunoassay Analyzer are dominating the market in Libya.

Libya Blood Gas Analyzer and POC Immunoassay Analyzer Market Future Outlook and Projections

An increasing number of patients suffering from cancer and chronic diseases along with technological advancement, increased research and healthcare activities, rise in the number of diagnostic centers, private clinics and hospitals are major factors expected to fuel demand for Libya’s BGA and IAA market. Public-private partnerships will also ease the economic burden of non-communicable diseases on the government. Over the near term, both BGA and IAA markets are expected to grow at a double-digit CAGR of 10.5% and 13.7% respectively owing to investment in facilities is forthcoming from both the government and the private sector, helping to meet rising demand from a growing population, a factor which will likewise create a greater need for medical devices.

Key Factors Considered in the Report

·         Comprehensive analysis of Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitoring Devices Market in Libya

·         Market Size on the basis of Installed unit, 2021

·         Listed major players and their installed base, strengths and weaknesses.

·         Cross Comparison of Major players in the Libya Blood Gas, POC Immunoassay and Transcutaneous Monitoring Devices Market on the basis of Qualitative and Quantitate Parameters

·         Listed future technologies in each product segment

·         Identified major trends and developments in the market and assessed the future growth of the market.

·         Future pipelined healthcare projects in Libya

·         Future Projections for each product category

Related Reports

Bahrain Blood Gas Analyzer and POC Immunoassay Analyzer Market Outlook to 2026 – Driven by Multiple programs to modernize and uplift the healthcare system in Bahraini will secure the future attraction towards improved technologies

Egypt Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitors Market Outlook to 2025 – Growing Healthcare Infrastructure, Increasing Testing Parameters and Higher Demand for POC Devices to Drive the market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

North America Healthcare Sector Blockchain Market by Application, by Deployment Mode, by Provider, by End-User, and Major Countries, Market Size and Growth, Market Outlook and Forecast by Revenue (2017-2027): Ken Research

 North America Healthcare Sector Blockchain Market Definition and Overview

A blockchain is a digital ledger or database of transactions record that links together encrypted data blocks to produce a single source of truth that is sequential. It is a shared, fixed ledger that keeps track of assets and helps document transactions simpler. An asset could be physical or abstract. Almost everything of value may be tracked and exchanged on a blockchain network.

Blockchain in the healthcare sector is used to store and exchange the data of patients with hospitals, pharmacy firms, laboratories, and physicians. It further helps in improving data security & accuracy, cost reduction, increasing transparency, and tracing of medical products. For instance, tracking a medicine as it travels from the producer to the patient is made simple by blockchain technology. This enhances a medicine's traceability as it passes through the supply chain and reduces the likelihood of drug fraud.

North America Healthcare Sector Blockchain Market Outlook, Drivers, and Challenges

The North America Healthcare Sector Blockchain Market is expected to witness strong growth of around 15-20% CAGR over the next five years, owing to the Drug Supply Chain Security Act (DSCSA) which states the need to build an electronic system for tracing drugs that are distributed in the US. Thus, the Act is likely to protect consumers from exposure to drugs that may be fake, stolen, contaminated, or otherwise harmful.

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The pandemic of COVID-19 has substantially accelerated the deployment of blockchain in healthcare sector. The need to enhance patient participation, exchanging health information, data security, data sharing, interoperability, the battle against counterfeit pharmaceuticals, reducing the cost expenses and accessibility of a larger database are a few drivers because of which end users are adopting blockchain technology in the healthcare sector.

The challenge which the healthcare sector blockchain industry is facing is the implementation of privacy, operational inefficiencies, and a lack of uniform architectures and standards to ensure trusted access to Protected Health Information (PHI) and Personally Identifiable Information (PII), and safe data exchange. Another challenge is the analysis of encrypted data and laws that forbid the use of interoperable data by the healthcare sector.

North America Healthcare Sector Blockchain Market Value Chain Analysis

The healthcare sector blockchain market chain involves a raw data collector which collects data points such as patient data and vaccination records. This data is then managed and refined by database providers. The refined data is sent to healthcare blockchain solution companies and is processed in a clinical data repository where the data is further cleaned, structured, and encrypted to create solutions that are finally delivered to the specific end user segments within healthcare sector.

north-america-healthcare-sector-blockchain-market-analysis 

North America Healthcare Sector Blockchain Market Segmentation

The North America Healthcare Sector Blockchain Market based on Application can be categorized as Supply Chain Management, Billing Management, and Patient-Centric Health Data. Based on Deployment Type the market is categorized into Public, Private, and Consortium. By Provider, the market consists of Infrastructure & Protocol Providers, Middleware Providers and Application & Solution Providers. Based on End-User the market is categorized as Hospitals, Clinics, Diagnostic Laboratories, and Pharmaceutical Companies. Geographically, the major country markets in North America Healthcare Sector Blockchain are US, Canada, and Mexico.

North America Healthcare Sector Blockchain Market Competitive Landscape of Major Competitors

Some key competitors in the North America Healthcare Sector Blockchain Market are Microsoft, Oracle, International Business Machines (IBM), Intel, Amazon Web Services, Inc., Patientory, Inc., Solve.Care and Applied Blockchain Ltd.

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Impact of COVID-19 on North America Healthcare Sector Blockchain Market

The pandemic of COVID-19 resulted in the growth of the overall healthcare sector blockchain in the market. Some of the blockchain related applications in the healthcare sector during the times of COVID-19 were pandemic control and surveillance, immunity or vaccine passport monitoring, and contact tracing. Blockchain in the healthcare industry also found its applications in the management of electronic medical records, the internet of things (e.g., remote monitoring or mobile health), and supply chain monitoring.

Key Segments Covered in North America Healthcare Sector Blockchain Market

North America Healthcare Sector Blockchain Market by Application

Supply Chain Management

Claims and Billing Management

Patient-Centric Health Data

North America Healthcare Sector Blockchain Market by Deployment Type

Public

Private

Consortium

North America Healthcare Sector Blockchain Market by Provider

Infrastructure and Protocol Providers

Middleware Providers

Application and Solution Providers

North America Healthcare Sector Blockchain Market by End-User

Hospitals

Clinics

Diagnostic Laboratories

Pharmaceutical Companies

Medical Device Companies

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North America Healthcare Sector Blockchain Market by Geography and Major Countries

US

Canada

Mexico

Key Competitors in North America Healthcare Sector Blockchain Market

Microsoft

Oracle

International Business Machines (IBM)

Intel

Amazon Web Services, Inc.

Applied Blockchain Ltd.

Patientory, Inc.

Solve.Care

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Key Target Audience:-

Healthcare Blockchain Solution Providers

Blockchain Technology Solution Providers

Blockchain Infrastructure Providers

Software Solutions Providers

Software Service Providers

Potential Investors for Blockchain in Healthcare Sector

Healthcare Database Providers

Patients Database Providers

Pharmaceutical Companies

Ministries of Healthcare

Healthcare Insurance Companies

Clinical Trials Companies

Healthcare Research Organizations

Banks and Financial Service Providers

For any queries or feedback, reach out to the author at Support@kenresearch.com

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

Best Recruitment Solutions Provider Creates a Successful Go-To-Market Strategy: Ken Research

 Every organization looking to fascinate the users or customers require a go-to-market strategy. A go-to-market strategy is an effective plan for how to launch the new product or services in-market or launch a prevailing product in the fresh market. As such, go-to-market strategies tend to aim on the short-term, but efficient ones will also consider how any immediate accomplishment can be sustained over the longer duration.

There is no standard format for the go-to-market strategy. Dissimilar companies will require to consider and prioritize dissimilar elements, relying on their maturity, their prevailing existence in the market, their business model, how they are financed and organized, and any exit plans they may have. Any project that aims to fascinate new customers requires a go-to-market strategy. Some of the obvious scenario’s entail:

  • A start-up launching their initial product
  • An established organization launching a new offering
  • The relaunch of a product that has been revolutionized to fascinate the new users
  • Building on the early accomplishment of a product with a tougher growth trajectory 

Even companies and products that consider themselves stable can benefit from unvarying go-to-market strategy reviews, as a manner to be aware and prepare for new competition and several other market forces.

A go-to-market strategy proposes your business a roadmap that is based on strategic market research, business recruitment strategy, competitor information, and forecasting estimations that deliver you a bird’s eye view of how the product or solution could do in the market based on its practicability. And a strong go-to-market strategy isn’t just restricted to physical products: they are enormously helpful for launching the new SaaS or service solutions, broadcasting the opening of a new branch of your organization, or the launch of a brand-new business!



In the go-to-market strategy reports, Ken Research provide several case studies on the employee recruitment strategies which predict to be helpful in recruiting several specialized employees for effective decision making.  Fundamentally, a go-to-market strategy is a short-term, product-focused strategy, but still demands a variety of marketing collateral in order to be efficacious. Since a GTM strategy is designed to make sure your product gets into the hands of the accurate audience, it’s crucial to have the accurate marketing assets in place before launch. In order to accomplish the effective market positioning, you require to make sure your potential customers understand precisely what you're proposing.

Not only has this, Ken Research conduct several employee satisfactions surveys which makes us best recruitment solutions provider as with this survey we efficiently know what should be benefitted for the employees’ growth.

In addition, choosing the accurate model and determining which audience profiles to target assistances ensure you can actually convey your product when it’s finally ready. By planning out the finest approach for how to market your product, you can aim on what you require to do instead of worsening resources trying to figure it out. You’ll also find that having a comprehensive strategy helps eradicate any gaps in focus.  This is particularly true when developing a product with restricted resources because the plan provides a strong direction for allocating those resources.

Read Also –

Go-To-Market Strategy Framework Support Your Business Win Around Products

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Ken Research

Ankur Gupta, Head Marketing & Communications

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India ATM Managed Services Market: Ken Research

 

ATM Managed ServicesMarket in Indiadriven by the Growth in Number of ATMs and the rapidly increasing trend for Outsourcing ATMs by the Banks: Ken Research

Economic advancement in the country, increase in income levelgenerally in urban areas due to growth in job opportunities and evolution to mass banking from class banking havedriven the market for ATM managed services industry.

Significant growth has been observed in terms of increasing on-site ATMs majorly due to the fact that people prefer to use ATMs which are near to their bank branches. However, there has been a steady growth in offsite ATMs due to increase in contracts offered to MSPs with an aim to garner higher penetration in the market and improve retail banking for the customers. Remarkable growth has been observed in White Label ATMs as they grew from 12,962 in the FY’ 2016 to 25,013during FY’2021. Increase in ATMs is majorly due to rural spread and activation of PMJDY scheme.

Impact of Covid-19: Access to cash for many in Indiawas remaining essential during various lockdowns imposed by the Government. The ATM machines in India played a critical role in ensuring that consumers have access to cash and wider banking services while branches had reduced hours or closures, or customers wanted to avoid face-to-face or in branch interactions completely. The number of cash withdrawal transactions declined by almost 50% during April, 2020. The ATM Managed Services Market revenues were also down by 7% during the financial year 2021 due to the lockdowns, restrictions and panic caused by the global pandemic in the country.

Future Trends: The ATM Managed Services Market in India is expected to grow owing to the higher deployment of ATM machines, especially Cash Recycling Machines in the country. Increasing number of bank branches and the dependency on Managed Service Providers would fuel the future growth of ATM managed services in India. The diversified service offerings provided by certain MSPs will also help in raising the revenues in the near future.

The report titled India ATM Managed Services Market outlook to FY2026 by Ken Research suggested that the ATM Managed Services Market is expected to grow at a single digit positive CAGR. Increasing number of ATMs and higher dependency on MSPs by the Banks are driving the market in India. The ATM Managed Services revenue in India is expected to grow over the next few years owing to the increasing demand for managed services by the banks in rural and semi-urban areas.

Key Segments Covered in the Report:-

ATM Managed Services Market

  • Market Size – By Revenue
  • Market Segmentation – By Type of Service Offerings (Site Management, Cash Management, ATM Supply, Transaction Processing, Repair and Maintenance, Cash Reconciliation Statement, Content and Electronic General Management)
  • Market Segmentation – By Business Model (Managed Services, Brown Label ATM, Managed By Banks, White Label ATM)
  • Market Segmentation –By ATM Machine (Cash Dispenser and Cash Recycler)
  • Market Segmentation – By Model (Fixed Pay, Variable Pay)
  • Market Share of Major Players in the ATM Managed Services Market

Cash Management Market

  • Market Size by Revenue
  • Market Segmentation (ATM Replenishment, CIT, CPD and Others)
  • Market Share of Major Players – By no. of ATM Replenished
  • Market Share of Major players – By Revenue
  • ATM Supply Market
  • Market Size by Revenue
  • Market Share of Major Players by no. of ATMs supplied

Key Topics Covered in the Report:-

  • India ATM Managed Services Market Size (FY’2016-FY’2021)
  • India ATM Managed Services Market Overview
  • India ATM Managed Services Market Segmentation by Type of ATMs (Managed Services, Brown Label ATM, Managed By Banks, White Label ATMs)
  • India ATM Managed Services market Segmentation by Type of ATM Machine (Cash Dispensing and Cash Recyclers)
  • India ATM Managed Services Market Segmentation by Service Offerings (ATM Repair and Maintenance, ATM Site Management, Transaction Processing, Cash Reconciliation Statement, Content and Electronic Journal Management)
  • India ATM Managed Services Market Segmentation by Business Model (Fixed Pay Model and Variable Pay Model)
  • India ATM Cash Management Services Market Segmentation by Services (ATM Replenishment, CIT, CPD and Others)
  • India ATM Managed Services market Ecosystem and Value Chain Analysis
  • Snapshot on India ATM Cash Management Services Market.
  • Decision Making Process and Tender Process Applicable In India ATM Managed Services Market
  • Trend and Developments In India ATM Managed Services Market
  • Issues and Challenges In India ATM Managed Services Market
  • Impact of Demonetization and COVID-19 on the ATM Managed Services Market
  • Current Deployment and Future growth of Cash Recycling Machines in India
  • Recent Investment Details (Mergers, Acquisition and Partnerships) In India ATM Managed Services Market
  • Complete Competition Analysis Including Heat Maps &Strength and Weakness Of The Major Companies
  • Competitive Landscape of Major Players in India ATM Managed Services Market
  • SWOT Analysis of India ATM Managed Services Market
  • Future Outlook and Projections of India ATM Managed Services Market (FY’2021-FY’2026E)
  • Analyst Recommendations

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Time Period in the Report:-

  • Historical Period: FY’2016-FY’2021
  • Forecast Period: FY2022E–FY’2026E

Key Target Audiences:-

  • ATM Managed service providers
  • Cash management companies
  • ATM Manufacturers
  • White Label ATM Management companies
  • Public and Private Sector Banks including Payments Banks
  • Reserve Bank of India (RBI) and NHB
  • ATM Switch companies
  • Cash Reconciliation Companies
  • Digital Payments Merchants
  • VC & PEs, Investment Bankers
  • Merchant Bankers

Companies Covered:-

  • Hitachi Payments
  • AGS Transact
  • Diebold Nixdorf
  • NCR Corporation
  • Euronet
  • FSS
  • FIS
  • Tata Communication Payment
  • EPS
  • CMS Infosystems
  • Writer Business Services
  • Hyosung
  • OKI
  • Perto
  • Brink’s Arya
  • SIS Prosegur

For More Information, refer to below link:-

India ATM Managed Services Market

Related Reports:-

Saudi Arabia ATM Managed Service Market Outlook to 2023 - By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others - Cash Processing, Cash Vaulting, Cash Reconciliation & Cash Forecasting)

UAE ATM Managed Services Market Outlook To 2024 – By Off-Site And On-Site ATMs And By Type Of Service (Cash Management Services, ATM Maintenance Services And ATM Supply)

Indonesia ATM Managed Service Market Outlook To 2023 - By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), By Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance & Others- Journal Management & ATM Reconciliation), By ATM Machine (Cash Dispensers, Cash Recyclers) And By Cash Management Services (Cash Replenishment Service, Cash-In-Transit, Others - Cash Processing, Cash Vaulting & Cash Forecasting)

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Philippines Nutraceuticals Market Growth Rate: Ken Research

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The report titled "Philippines Nutraceuticals Market Outlook to 2022-Composite Herbal Dietary Ingredients, Ginseng, Garlic and Ginkgo Biloba Based Herbal Supplements Will Drive the Growth" provide a comprehensive analysis of the nutraceuticals market in Philippines. The report covers the overall market size in terms of revenue, segmentations on the basis of product category and channels of distribution for vitamins & dietary supplements, functional beverages and functional foods, trends and developments, issues and challenges, regulatory landscape in Philippines, entry barriers and pre-requisites to enter the market, competitive scenario and company profiles. The report concludes with market projection for future market described above and analyst recommendations highlighting the major opportunities and cautions for the nutraceuticals market.

Philippines Nutraceuticals Market Overview and Size

The nutraceuticals market of Philippines is presently in its early growth stage due to the dependence on traditional pharmaceutical medicine system by growing middle class population. The middle-class consumers accounted for majority of the Filipino population. The nutraceuticals market within the Philippines showcased a robust year-on-year progress in terms of revenues during the review period of 2012-2017.


Philippines Nutraceuticals Market Segmentation: Functional beverages segment within the Philippines nutraceuticals market established itself as the market leader in 2017. Increasing awareness regarding health and fitness among Filipino consumers has boosted the demand for functional beverages in the Philippines. The functional foods segment witnessed an elevated consumption of processed food in the country, allowing Filipino users to purchase premium health products thereby driving the demand for functional foods across the region. Lastly, vitamins and dietary supplements segment captured the remaining market share in the year 2017. Filipino consumers' desire to improve mental and physical health has led to increased consumption of vitamin, skin nourishing and beauty supplements in the country.

Vitamins and Dietary supplements: Vitamins segment within the Philippines V&D supplements market clearly established itself as the market leader in the year 2017. The growth of vitamins can be majorly attributed to the consumer's desire to maintain and improve their health in order to cope up with daily stress, long queues in transportation and traffic, lack of nutritional diet and daily life problems. Dietary supplements segment was observed to follow with a lesser revenue share owing to the increasing ability of consumers to include several nutritional products in their regular diets. Pediatric vitamins and dietary supplements grabbed third position in the country's V&D supplements market in the year 2017. Lastly, tonics were observed to capture the remaining minimal revenue share in the Philippines vitamins and dietary supplements market.

Combination of herbal / traditional dietary ingredients clearly established itself as market leader with a massive revenue share in Philippines herbal dietary supplements market in 2017. Multi-herb formula usually comprises of numerous herbs in a one single formula, thereby providing benefits to the overall body. Ginseng, garlic, ginkgo biloba and other herbal dietary supplements collectively captured the remaining revenue share in the Philippines herbal dietary supplements market in 2017.

Functional Beverages: Functional Beverages segment in the Philippines grew at a CAGR of 4.5% during the period 2012-2017. The major players in this segment include Coca Cola, Mondelez International, PepsiCo, Del Monte and others. Among functional beverages, the leading category was carbonated and energy drinks in the year 2017. An increase in the price of high-sugar has shifted the market demand from sweetened carbonated beverages to energy drinks. The emergence of domestic companies like Asia Brewery has led to significant growth of this segment. Powder concentrates and hot drinks held the second highest revenue share of in 2017. They remained not as popular in comparison with ready-to-drink products as convenience continues to be a prime area of for Filipino customers. Fruit and vegetable juices followed with the next highest revenue share as they offer healthier alternatives to carbonated beverages. Sports drinks and bottled water collectively accounted for the least revenue share in the market as compared to above mentioned functional beverages.

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Functional Foods: Functional Foods dominated the Philippines nutraceuticals market as revenue generated during the period 2012-2017 grew at a CAGR of 6.3%. Majority of the revenue share in this segment was held by baby food products in the year 2017. In spite of growing awareness among new Filipino mothers to feed mother's milk to their children, the working female population has no choice but to rely on baby food products leading to such a high market share. The second highest revenue share was held by dairy based functional foods in Philippines. The soaring domestic demand for fermented milk drinks and yogurts in the country helped this category to acquire such a high market share. The least revenue share was held by confectionary, sweet biscuits and breakfast cereals in the year 2017.

Competitive Landscape

Philippines Vitamins and Dietary Supplements Market: Competition within the Philippines vitamins and dietary supplements market was witnessed to be moderately fragmented with top 4 players capturing majority of the market share by revenue, namely United Laboratories Inc, USANA Health Sciences Inc, Pfizer Inc and Tynor Drug House Inc in the year 2017. One of the biggest influences of the market is the customers' personal disposable income and their allotted budgets for vitamins and dietary supplements.

Philippines Functional Beverages Market: Increased penetration of foreign companies made the country's functional beverages market fragmented. In addition to that, domestic firms such as Asia Brewery Inc. along with its Cobra brand was observed to gain popularity in the energy drinks segment thereby giving tough competition to its international rivals operating within Philippines.

Philippines Functional Foods Market: Competition within the Philippines functional foods market was noted as fragmented in nature owing to the presence of international and domestic local manufacturers in this segment. Over the years, the competition has increased as the companies are focusing towards improving the quality of their products. Some of the major players operating within the country's functional foods market include Nestle, Reckitt Benckiser Group, Yakult Honsha Co Ltd, San Miguel Corp and others who sell functional foods belonging to various segments such as baby food, dairy, confectionery items, breakfast cereal, sweet biscuits, snack bars and fruit snacks and others.

Philippines Nutraceuticals Market Future Outlook

Philippine’s nutraceuticals market revenues are further expected to increase at a stable CAGR during the forecasted period 2017-2022E. The expected growth and popularity of this industry can be directly linked along with consumers' rising inclination towards health and wellness. Distribution Channels available for Nutraceutical Companies in the Philippines will play a vital role in their future growth. Apart from daily/regular retail store formats, rising number of players have been adopting direct selling distribution model. In the forecast period, high growth opportunities are likely to be perceived in functional food ingredients including lutein, lycopene, omega-3 fatty acids, probiotics; soy protein nutrients; essential minerals such as calcium and magnesium; herbal extracts including garlic, green tea and non-herbal extracts including chondroitin, glucosamine and coenzyme Q10 in the Philippines.

Key Segments Covered

Vitamins and Dietary Supplements:

By Type (Vitamins, Dietary Supplements, Paediatric Vitamins and Dietary Supplements and Tonics)

By Type of Distribution Channel (Drugstores / Parapharmacies, Direct Selling and Internet Selling, Other Healthcare Specialist Retailers, Supermarkets and Hypermarkets)

By Type of Fish Oils/Omega Fatty Acids (Plant Based Oils, Cod Liver Oil and Other Marine Based Oils)

By Type of Vitamins (Multivitamins and Other Vitamins)

By Positioning of Multivitamins (Teenagers, Men, Women, Pregnancy, Elderly and Others)

Functional Beverages:

By Product Category (Carbonates and Energy Drinks, Concentrates and Hot Drinks, Fruit/Vegetable Juices, Sports Drinks and Others and Bottled Water)

By Channel of Distribution (Hypermarkets & Supermarkets, Independent Small Grocers, Convenience Stores, Forecourt Retailers and Other Grocery Retailers)

Functional Foods:

By Sale of Functional Foods (Baby Food, Dairy, Confectionery, Sweet Biscuits, Snack Bars and Fruit Snacks; and Breakfast Cereals),

By Channel of Distribution (Hypermarkets & Supermarkets, Independent Small Grocers, Non-Grocery Specialists, Convenience Stores, Direct Selling, Forecourt Retailers and Other Grocery Retailers)

Key Target Audience

Nutraceuticals Manufacturers

Nutraceuticals Distributors

Government Agencies

Vitamins and Dietary Supplements Companies

Functional Foods Companies

Functional Beverages Companies

Time Period Captured in the Report:

Historical Period: 2012- 2017

Forecast Period: 2018- 2022

Companies Covered:

Vitamins and Dietary Supplements:

-United Laboratories Inc.

-USANA Health Sciences Inc.

-Pfizer Inc.

-DMI Medical Supply Co. Inc.

-Tynor Drug House Inc.

-Abbott Laboratories Inc.

-Pascual Pharmaceuticals Corporation

-Natrapharm Inc.

-ATC Health CareHovid Berhad Philippines

-Daewoong Pharma

-Others (Menarini, Trianon Inc., Merck Inc. and Hi Eisai Pharm)

Functional Beverages:

-Coca Cola Co.

-Mondelez International Inc.

-PepsiCo Inc.

-Del Monte Pacific Ltd.

-Asia Brewery Inc.

-Zest-O Corporation

-Functional Foods:

-Nestle SA

-Reckitt Benckiser

-Yakult Honsha Co. Ltd.

-San Miguel Corporation

-JG Summit Holdings Inc.

-Fonterra Co-operative Group Ltd.

-Mondelez International Inc.

Key Topics Covered in the Report

Executive Summary

Research Methodology

Philippines Nutraceuticals Market Overview and Genesis

Philippines Nutraceuticals Market Size

Philippines Nutraceuticals Market Segmentation

Philippines Vitamins & Dietary Supplements Market

Philippines Functional Beverages Market

Philippines Functional Foods Market

Trends and Developments in Philippines Nutraceuticals Market

Issues and Challenges in Philippines Nutraceuticals Market

Regulatory Landscape in Philippines Nutraceuticals Market

Entry Barriers and Pre-Requisites to Enter in Philippines Nutraceuticals Market

Philippines Nutraceuticals Market Future Outlook and Projections, 2017-2022E

Analyst Recommendations

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Philippines Nutraceuticals Market Analysis

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Vietnam Nutraceuticals Market Outlook to 2022 - Rising Demand For Infant Products and Probiotic Supplements to Foster Future Growth

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