Tuesday, November 15, 2022

The Portugal cold chain market is currently growing owing to rising domestic consumption of Processed Foods, Frozen Foods, Seafood, and Meat: Ken Research

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“Driven by Rising Packaged Foods Consumption and Owing to the Growing Millennial Population, Portugal’s cold chain market thereby has ample growth opportunities with its increase in revenue.”

Growth of Cold Chain industries: Portugal’s 67% Urban Population defines the level of development that is there in the nation. The situation of the pandemic has helped the market of cold chains to grow. Due to the increase in demand for pharmaceutical products, as well as the rise in e-commerce resulting from the pandemic the cold chain market in Portugal has significantly grown in recent years. The market for fish and other seafood, meat, and frozen foods have the highest revenue share from frozen temperature. It is followed by the chilled temperature market, which features fruits, vegetables, and dairy mostly.

E-Commerce companies and Organized Retail in the country: The supply chain and logistics industry has seen exponential growth in e-commerce. Due to the rise in DTC (Direct to Consumer), there has been exponential growth in cold storage on a micro-level. Also, organized retail and food service industries have emerged as new cold chain growth drivers, majorly due to changing consumption and lifestyle patterns. Increasingly, consumers demand a large variety of temperature-sensitive commodities which has led to rising cold chain infrastructure.

Custom Duties and Value-Added Tax in goods: The duty rates applied in Portugal vary according to the origin of the goods. There are several origin agreements that exempt from duties, the importation of goods from certain countries or that determine reduced rates. The reduced rate is applicable to the supply of some food products, food and beverage services, musical instruments, agricultural tools, or ornamental flowers.

Fuel Prices and Energy Situation in Portugal: Cold transport prices are calculated based on fuel prices and the distance covered. A sharp and constant rise in prices of fuel causes the prices charged by cold transport to rise continuously. The rising prices of electricity due to the Russia-Ukraine war and the looming energy crises in Europe might impact the Cold Chain industry through an increase in power costs or due to power shortage.

Analysts at Ken Research in their latest publication Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Populationobserved that the Cold Chain market is an emerging market in Portugal at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for Cold Chain, rising domestic consumption of fish and other seafood, meat, and frozen foods along with government initiatives are expected to contribute to the market growth over the forecast period. The Portugal Cold Chain market is expected to grow at a 5.6% CAGR during 2021-2026F owing to the change in lifestyle and urbanization which led to rising domestic consumption of processed food.

Portugal-cold-chain-market

Key Segments Covered:-

Portugal Cold Chain Market

By Type

Cold Transport

Cold Warehousing

By End User

Meat and Seafood

Fruits and Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Transport Market

By Type of Freight

Domestic Freight

International Freight

Mode of Freight

Land

Sea

Air

By Size of Truck

Small (6 pallets capacity)

Medium (20 pallets capacity)

Large (33 pallets capacity)

By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Warehouses Market

By Type of Cold Warehouses

Frozen

Chilled

Ambient

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By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Processed foods

Frozen Foods

Key Target Audience:-

Cold Storage Companies

Cold Chain Companies

Cold Transport Companies

Captive Cold Storage Companies

Captive Cold Chain Companies

Logistics Companies

Non-captive Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2016-2021

Base Year: 2021

Forecasted Period: 2021-2026F

Companies Covered:-

Americold Logistics

STEF Portugal

NC Logistica

Frigoservice

Paulo Duarte

Primafrio

Luis Simoes

Olano Logistics

Rangel

Soapa Europa

TPCF

TJA

UPS

Logifrio

TIBA Group

HAVI Logistics

Antonio Frade

Transfrio

Key Topics Covered in the Report:-

Portugal Cold Chain Market Overview

Portugal Cold Chain Industry Supply Ecosystem

Portugal Cold Chain Market Size, 2016-2021

Portugal Cold Chain Market Segmentation (By Cold Storage and Cold Transport, By End Users), 2021

Portugal Cold Storage Market Ecosystem

Portugal Cold Storage Market Size, 2016-2021

Portugal Cold Storage Market Segmentation (by Temperature Range, by End Users), 2021

Portugal Cold Transport Market Overview

Value Chain Analysis of Portugal

Portugal Cold Transport Market Revenue, 2016-2021

Portugal Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by End Users), 2021

Portugal Cold Chain Market Competition Landscape

SWOT Analysis of Portugal Cold Chain Market

Regulatory Landscape of Portugal Cold Chain Market

Growth drivers of Portugal Cold Chain Market

Issues and Challenges in Portugal Cold Chain Market

Recent Trends in the Portugal Cold Chain Market

End User Analysis of Portugal Cold Chain Market

Future Outlook of Portugal Cold Chain Industry, Cold Storage Market, cold Transport Market, 2021-2026F

Market Opportunities and Analyst Recommendation

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

Portugal Cold Chain Market

Related Reports:-

Philippines Cold Chain Market Outlook to 2026F: Driven by Rising Meat and Seafood Consumption Owing to Growing Millennial Population Albeit Infrastructure Challenges

Qatar Cold Chain Market Outlook To 2026 - Driven By FIFA World Cup 2022’s Logistics Demand And Infrastructural Growth Along With A Tailwind Of Technological Development, Qatar Cold Chain Market Experiencing Growth

Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth

3 Key Insights on US$ 8 Bn Opportunity in the Global Silicon Metal Market: Ken Research

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Driven by the rising demand for silicon metal in various industries such as automobile, semiconductor, and others as offer low thermal expansion, corrosion resistance, low wear rate, and other properties, the Global Silicon Metal Market is Forecasted to reach nearly US$ 8 Bn by 2028 says Ken Research Study.

Silicon metal is a lustrous and grey semi-conductive metal and is widely used to manufacture solar cells, microchips, steel, and others. It acts as a base material for different products and hence has an important role in the consumer and industrial sector.

Ken Research shares 3 key insights on this high-demand market from its latest research study.

1.    Growing Consumption of Silicon Metal in Various Industries Encourage Market Growth

The growing demand for silicon metal in the manufacturing of electronic semiconductors, photovoltaic solar cells, electric vehicles, and others is boosting the growth of the Silicon Metal market in the forecasted period. The growing demand for renewable sources of energy globally coupled with the increase in favorable policies of government for semiconductors, electric vehicles, and others, is anticipated to boost the demand for the global silicon metal market. However, the shortage of silicon metal due to its high usage in various industries may hamper the growth of the market.

According to Ken Research estimates, the Global Silicon Metal Market – valued at around US$ 5 Bn in 2017 and estimated to reach nearly US$ 6 Bn by 2022 – is expected to grow to around US$ 8 Bn opportunity by 2028.

Global Silicon Metal Market Revenue Forecast

2.    Increasing Penetration of Electric Vehicle is Driving the Market Growth

The increase in favorable policies of the government for electric cars along with the rising penetration of electric vehicles is likely to boost the growth of the market. Moreover, increasing demand for silicon metals and aluminum-silicon alloys to manufacture lightweight vehicles is expected to bolster the growth of the Global Silicon Metal Market.

The below graph depicts the increasing number of global electric car registrations.

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Global Electric Car Sales

3.    Hike in the Prices of Silicon Soars Is the Most Significant Barrier to the Growth of the Market

The shortage of raw materials such as silicon sores and their high consumption in industries like semiconductors is expected to increase the prices of raw materials, which may hamper the growth of the market. Surging demand for silicon metal in industries has created risks of creating improbable shortages for raw materials like gravel which is affecting the production of silicon metals and affecting the supply chain, which may restrict the growth of the market.

The below graph depicts the hike in prices of silicon soaring in Yuan per ton.

Soaring Price of Silicon

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

Global Silicon Metal Market

3 Key Insights on Competitive Landscape in Global Packaging Machinery Market

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Global Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Global Players, Regional Players, and Country-Niche Players, finds a recent market study on the Global Packaging Machinery Market by Ken Research

Packaging machinery is a device that is widely used to package products and components. It performs a variety of functions such as filling, container cleaning, bagging, packing, bottling, sealing, wrapping, shrink film, labeling, inspection and weight checking, and many others. It plays a significant role in ensuring the safety of products and providing temper resistance packaging and facilitating the packaging of small sachets to big cartoons.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-niche players comprise about 55% of the Total Number of Competitors and hold around 25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Packaging Machinery Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Packaging Machinery. The global players comprise about 15% in terms of the number of companies and hold about 40% of the market share. Market players are adopting new technology to make their packaging machinery more efficient, reliable, and cost-effective.

Global Packaging Machinery Market

Leading Global Players Launching Efficient and Advanced Features Packaging Machinery

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as KHS Group, Coesia, and Langley Holdings plc among others are highly focused on strategic developments including expansion, product launch, and others to fulfill the growing demand for advanced and efficient Packaging Machinery among various end-users. Furthermore, several companies are collaborating with advanced technology companies to integrate new technology into packaging machines to offer advanced features.

Global Packaging Machinery Market Size

  • In July 2021, Multivac launched F 286 thermoforming packaging machine suitable for producing vacuum and map packs for snacks. The new machine offer features such as high efficiency, flexibility, pack quality, and an excellent price-performance ratio.

Increased Manufacturer Environmental Initiatives of Packaging Machinery System Promote Packaging Machinery Growth and Development

  • In 2021, Fuji Seal, Inc. is actively taking eco-initiatives for “Environmental Friendly delivery”. The company aims to deliver forms and production systems of its integrated services of packaging machinery and materials. The company is engaged in the development of packaging machinery and looking forward to offering new machinery that reduces the environmental impact by cutting down and using less energy, and water, and emitting less CO2.

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Key Topics Covered in the Report

  • Snapshot of the Global Packaging Machinery Market
  • Industry Value Chain and Ecosystem Analysis of the Packaging Machinery Market
  • Market size and Segmentation of the Global Packaging Machinery Market
  • Historic Growth of the Overall Global Packaging Machinery Market and Segments
  • Competition Scenario of the Packaging Machinery Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Packaging Machinery Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Packaging Machinery Market
  • Future Market Forecast and Growth Rates of the Global Packaging Machinery Market and by Segments
  • Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
  • Analysis of the Packaging Machinery Market in Major Regions
  • Major Production / Consumption Hubs in the Major Regions
  • Major Production/Supply and Consumption/Demand Hubs in Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Packaging Machinery Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

  • Krones AG
  • Robert Bosch Gmbh
  • Coesia
  • M.A. Industria Macchine Automatiche S.P.A. 
  • Langley Holdings Plc
  • KHS Group
  • CKD Corporation
  • Barry-Wehmiller Companies
  • The Adelphi Group of Companies
  • Fuji Machinery Co.,Ltd.

Notable Emerging Companies Mentioned in the Report

  • Tetra Laval
  • Marchesini Group
  • Aetna Group
  • BERHALTER AG
  • Syntegon Technology GmbH
  • PAC Machinery
  • Multivac

For more insights on the market intelligence, refer to the link below: -

Global Packaging Machinery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

The Philippines Used Tractor Market is growing owing to Increased Farm Mechanization and Digitization, Increase in Purchasing Power and Government Initiatives: Ken Research

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Focus on Modernization in Technology and Dominated by Low Engine Power Tractors Are Major Factor Contributing towards development of used tractor market in Philippines.

Demand for Used Tractor: New tractors are expensive due to import based tractors and limited local manufacturing. Subsidiary program is just on paper less incentive for mechanization. Thereby raising demand for Used Tractors. Farmers in the Philippines are mostly marginal, and their per capita income is also low. Because their tiling area is small, they have no incentive to purchase a new tractor, so they buy used, which has increased its sales.

Rural Urban Gap: Inadequate services & low financial resources lead to migration of rural population towards urban in search of a better opportunities which creates a substantial decline in the manual farm labors and has turned out to be a serious matter of concern for the Philippines countries.

Government Initiatives: Government Initiatives like Production Loan Easy Access, Agricultural Competitiveness Enhance Fund and Survival and Recovery Scheme Smart Plant Production in Controlled Environment are focusing on the adoption of techniques such as cryopreservation.

Sale Distribution Channels: Since the market is mostly unorganized so people prefer buying used tractors from their already trusted sources leading to maximum numbers of products via offline mode. Tractors are sold via Auction only when the buyer has less idea about the seller but can cross check the quality before buying. Around 68.0% of the population uses internet in Philippines leading to Used Tractors market using online sources to sell their products.

Analysts at Ken Research in their latest publication Philippines Used Tractor Market Outlook to 2027F- Driven by Modernization in Technology and Dominated by Low Engine Power Tractors” by Ken Research observed that Used Tractors market is an emergent vehicle market in Philippines at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for used tractor, online platforms for purchasing with government initiatives is expected to contribute to the market growth over the forecast period. The market in terms of revenue is expected to grow at a 13.0% CAGR during 2021-2027F owing to the increase in demand for Farm Mechanization and lower price then new tractors.

philippines-used-tractor-market

Key Segments Covered in the report:-

Philippines Used Tractor Market

By Power

Less than 30 HP

31-60HP

60-100 HP

100 HP +

By Revenue

Agriculture

Construction

By Region

Luzon

Visayas

Mindanao

By Distribution Channel

Offline Channel

Online Channel

Financial Institution/Auction

By Usage

Less than 500 hours

501-1500 Hours

1501-3000 Hours

3001-5000 Hours

5000+ Hours

By Price

Less than 300,000 Pesos

3 00,01- 400,000 Pesos

500,00-600,000 Pesos

700,00+ Pesos

Key Target Audience:-

OEMs

Multi-Brands

Online Used Tractor Portals

Used Tractor Financing Companies

Government Bodies

Investors & Venture Capital Firms

Importers/ Dealer or Seller/Company

Construction Companies

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2021-2027F

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Companies Covered:-

John Deere(global)

New Holland (Global)

Yanmar Philippines Corporation

Kubota Philippines (KAMPI)

HMR Philippine

Adamco

Westen Power Machineries

Fill Holland

Land Bank

ORIX METRO Leasing and Finance

Pen bank

Agronomika finance

My Benta

Used

Tractorousell

Key Topics Covered in the Report:-

How is Used Tractor Market Positioned in Philippines?

Country Overview of Philippines

Philippines Population Analysis

Road Transport Overview of Philippines

Philippines Agricultural Sector Overview

Trade Statistics of Philippines Agriculture

Ecosystem of Major Entities in Philippines Used Tractor Market

Overview and Genesis of Used Tractor Market in Philippines

Value Chain Analysis

Customer Journey in buying of Used Tractor

Role of Entities in Value Chain Analysis of Philippines Used Tractor Market

Sourcing of Used Tractors for Dealers in Philippines

Lead generation for Used Tractors in Philippines

Step- by-step Sales Process of Used Tractor in Philippines

Second hand tractor Loan amount disbursed via official/organized lending channels, 2017 – 2026F

Used Tractor Sales and Prices, 2017 - 2021

Used Tractor Revenue, 2017 - 2021

Market Sizing and Segmentation of Used Tractor Market in Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Trends in Philippines Used Tractor Market, 2021

Issues and Challenges in the Used Tractor Market

SWOT Analysis of Philippines Used Tractor Market

Porter’s Five Forces Analysis of Used Tractor Market

Customer Pain points in Philippines Used Tractor industry

Buying Criteria of the Customers

Selling Criteria Used by the Players

Growth Drivers of the Used Tractor Market

Market share of major Used Tractor Companies, FY 2021

Cost Sheet of Major Players

Philippines Used Tractor Market Future Outlook, 2021 – 2026F Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Future Trends and the Way Forward – Philippines Used Tractor Market

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

Philippines Used Tractor Market

Related Reports:-

Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors

India Tractor Market Outlook to 2025- By Vehicle Category (Agriculture and Commercial), Registration by Region (North, East, West, South) and Registration by State

3 Key Insights on Competitive Landscape in Global Protein Supplement Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite the Presence of about ~250 competitors comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Protein Supplement Market by Ken Research.

Protein is a macronutrient that the human body needs to repair tissue, develop muscle, and produce enzymes and hormones. It is one of the components that make up skin, muscle, and bone. In addition to being present in a wide range of specially made drinks, bars, and powders, protein can also be found in foods including dairy, eggs, red meat, chicken, fish, nuts, tofu, and legumes. In addition, protein supplements can be beneficial as a component of their overall dietary strategy. Bodybuilders and sports athletes frequently utilize protein supplements as a form of nutritional and bodybuilding supplement to enhance their protein intake without simultaneously increasing their intake of carbohydrates and fats. When taken directly, these supplements have a higher protein content than other protein sources.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

  1. Global Players Who Comprise ~15% in Terms of the Number of Competitors Hold the Dominant Revenue Share

Competitive Analysis by the Ken Research Study found that the Global Protein Supplement Market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the protein supplement. The country-niche players comprise about ~45% in terms of the number of companies, followed by regional players accounting for ~40% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create protein supplement products often get acquired by large global players seeking to grow and diversify quickly.

Global Protein Supplement Market

  1. Leading Specialist Global Players' Ongoing Efforts To Provide Protein Supplement To a Variety of Industries Drive the Growth of the Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist company, such as Glanbia PLC, Abbott., NOW Foods, MusclePharm, QuestNutrition, CytoSport, Inc., Iovate Health Sciences International Inc., The Bountiful Company, AMCO Proteins, Transparent Labs and others are the major companies operating to provide high-quality protein supplements for a variety of end-users.

  • In April 2018, Abbott introduced Ensure Max protein to provide all the protein needed to maintain or rebuild muscle with the proper nutrition. The product was designed to appeal to people over the age of 50.

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  • In February 2022, Nestle Health Science, a subsidiary of Nestle SA, finalized the acquisition of Vital Proteins, a Chicago-based producer of collagen-based meals, beverages, and supplements. Since Nestle first purchased a majority stake in Vital Proteins in June 2020, the company has experienced phenomenal development.
  • In July 2022, Post Holdings Inc.'s Dymatize brand introduced Complete Plant Protein, a new plant-based protein supplement. Vegan ingredients such as soy protein, which has 25g of protein per pack, were used in the creation of the product.

Global Protein Supplement Market Size

  1. Government Initiatives to Aid in the Expansion of the Global Market for Protein Supplement Market
  • In July 2022, Australia's Protein Roadmap was published by Commonwealth Scientific and Industrial Research Organization (CSIRO) with assistance from Austrade and other business associates. The roadmap identifies a US$13 billion opportunity for Australian investment in technology-driven proteins.
  • In September 2022, USA Food and Drug Administration (FDA) is giving nutrition programs a top priority to guarantee that Americans have better access to healthier foods and nutrition information that we can all utilize to make healthier decisions more quickly. Increasing access to better foods may enhance eating habits, which will enhance everyone's health and well-being.

Key Topics Covered in the Report

  • Snapshot of the Global Protein Supplement Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Protein Supplement Market
  • Historic Growth of the Overall Global Protein Supplement Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Protein Supplement Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Protein Supplement Market
  • Future Market Forecast and Growth Rates of the Total Global Protein Supplement Market and by Segments
  • Market Size of Application Segments with Historical CAGR and Future Forecasts
  • Analysis of Global Protein Supplements in Major Regions
  • Major Production/Supply and Consumption/Demand Hubs within Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

  • Glanbia PLC
  • NOW® Foods
  • QuestNutrition
  • CytoSport, Inc.
  • Lovate Health Sciences International Inc.
  • The Bountiful Company
  • AMCO Proteins
  • Transparent Labs

Notable Emerging Companies Mentioned in the Report

  • Woodbolt Distribution Llc
  • Dymatize Enterprises Llc
  • RSP Nutrition
  • BPI Sports
  • The Hut.com Limited and MSM Retail Pvt Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Protein Supplement Companies
  • R&D Institutes for Protein Supplement Development
  • Protein Supplement Manufacturers
  • Protein Supplement Suppliers
  • Protein Supplement Raw Material Provider 
  • Investment Banks Targeting Supplement Market
  • Caffeine Producers
  • Food Safety Authorities
  • F&B Marketing and Advertising Agencies
  • Dietary Supplement Manufacturers
  • F&B Research Institutes
  • Entrepreneurs in Food Industry
  • Potential Entrants into Food Industry
  • Government Departments for Food Standards
  • Government Ministries and Departments for Food Industry

For more insights on the market intelligence, refer to the link below: -

Global Protein Supplement Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on Competitive Landscape in the Global Food-Grade Lubricants Market

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Country-niche Players Dominate the Food-Grade Lubricants Market, Despite the Presence of ~100 Competitors Comprising a Significant Number of Global and Regional Players, finds a recent market study on the Global Food-Grade Lubricants Market by Ken Research.

Food Grade lubricants are categorized under oil and grease, acceptable for use in meat, poultry, and other food processing equipment, application, and plants. Lubricants are broken into different categories on the likelihood they will contact food. As of now, food-grade lubricants are designated as H1, H2, and H3. The approval and registration of new lubricants into one of these categories are based on the ingredient used in the formulation. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

  1. Global Players Constitute ~15% of the Total Number of Competitors, While Country-niche Players Dominate Representing ~55% of Total Competitors by Type

Competitive Analysis by the research study found that the global food-grade lubricants market is significantly competitive with ~100 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing and supplying food-grade lubricants products for application including food, beverages, cosmetics, and others. The large global players even though comprise about 15% in terms of the number of companies, hold a majority portion of the market revenue share followed by regional players which account for a strong portion of the market revenue share. Most of the players are having their headquarters in the Europe region.

  1. The majority Number of Players are Specialists, Manufacturing a Wide Array of Products in the Global Food-Grade Lubricants Market.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of food-grade lubricant manufacturing for different product types such as mineral, synthetic, and bio-based. All leading competitors have a strong presence in the global food-grade lubricants market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to end-users demands.



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  • In February 2021, Metalube announced the launch of its next-generation food-safe NSF-registered high-performance chain oils.
  • In November 2020, FUSCH Group acquired PolySi Technologies Incorporated, a manufacturer of lubricants for various applications such as industrial equipment, electrical, utility, and others.

Government Initiatives & Programs to Encourage the Expansion of the Global Food Grade Lubricants Market

  • In the USA, food-grade lubricants must be formulated by title 21 Code of Federal Regulations (21CFR) 178.3570. The act further stated that lubricants with incidental food contact may be safely used on machinery used for producing, manufacturing, packing, or holding food, subject to the provision of this section.
  • China’s food hygiene law sets the standards and requirements for ensuring food hygiene and protecting food products from contamination with a harmful substance.

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

Competitors in Food Grade Lubricants Market

Read Also –

3 Key Insights on the US$ 500 Million Opportunity in the Global Food Grade Lubricants Market

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Vietnam Cold Chain Market, By Cold Storage and Cold Transport, By End Users (Bakery, Dairy, Meat & SeaFood, Fruits and Vegetables): Ken Research

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Vietnam Cold Chain Market Overview

Cold Chain Overview

There is a decline in market growth due to convenience and low cost of other forms of transport along with COVID-19 pandemic. But still in 2020, Vietnam's logistics cost/GDP was still more than 20%, which is high compared to countries in the region as well as the average level of the whole world.  As a result of the Covid-19 epidemic, a sizable portion of the world's population has altered their eating habits. A rise in retail purchasing may be witnessed owing to an increase in the country's population's disposable income, which will fuel the development of cold storage and favorably effect market growth. Citrus fruits, vaccines and vegetables are becoming more popular as people's eating and consuming habits with new technology and systems in cold chain business which will help the firms.

How Is Cold Chain Market Positioned In Vietnam?

Market Overview

Vietnam cold chain market was evaluated to grow at a double-digit CAGR during 2016-2021. The market is currently in the growth stage owing to rising domestic consumption of meat and seafood along with increasing government initiatives and investments in the sector. Correspondingly, the Vietnam Cold Chain Industry Ecosystem is driven by large-scale 3PL companies with Real Estate companies investing in logistics services. The occupancy rate in the cold storage market has been increasing owing to undersupply of cold storage warehouses, especially in the major cities and ports where demand for cold storage is exceeding the supply. The prices in cold storage in Vietnam are directly related to inflation and as inflation rises, the prices increase as a result. Other factors affecting prices also include the increasing demand for citrus, meat, and seafood.

Vietnam Cold Chain Market Segmentations

The Vietnam Cold Chain Market has grown from 2016 to 2021 due to the export of iron and steel, rise in the economy, transport of domestic goods like household goods and food. During covid the market faced some downfall but the demand of vaccines and fruits was very high. The demand for cold chain is increasing due to increasing e-commerce in the country which include supply, production and distribution process. Thus, distribution process helped primarily the transportation segment to grow in the country.

By End User: Cold chain market across all the end users is growing in Vietnam due to increasing income and rising demand for high quality logistics.

By Ownership: In 3PL the party outsources packing, storage, transportation and delivering products whereas in owned the party has its own warehouse/reefer trucks and packs, stores and delivers products without using any logistics space or transport from an outside party.

vietnam-cold-chain-market

Key Segments Covered in the report

Vietnam Cold Chain Market

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

By Ownership

3PL Cold Chain Facilities

Owned

Vietnam Cold Storage Market

By Temperature Range

Frozen

Chillers

Ambient

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By Automation

Non-automated Pallets

Automated Pallets

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

By Major Cities

Ho Chi Minh

Hanoi Capital

Binh Duong

Long An

Other

Vietnam Cold Transport Market

By Truck Type

Reefer Vans/Trucks

20-foot reefers

40-foot reefers and others

By Mode of Transportation

Land

Sea

Air

In Land Water ways

By Location

International

Domestic

By Vicinity

Inter-city

Intra-city

By End User

Meat and Seafood

Fruits and Vegetables

Dairy and Bakery

Vaccination and Pharmaceuticals

Others

Key Target Audience:-

Cold Storage Companies

Cold Chain Companies

Cold Transport Companies

Captive Cold Storage Companies

Captive Cold Chain Companies

Logistics Companies

Non-captive Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2016-2021

Base Year: 2021

Forecast Period: 2021-2026F

Companies Covered:-

Lineage

Transimex

Hung Vuong Corporation

AJ Total Vietnam

Mekong Logistics

ARC Bing Duong

ABA Cooltrans

Emergent cold storage

SK Cold Storage

Lotte logistics

Konoike

Hong Lai Group

New Land Logistics

Thang Long Logistics

Crane Worldwide Logistics

ALS Avaition Logistics

Arctic Wolf

Vinafco

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

Vietnam Cold Chain Market

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Saudi Arabia Cybersecurity is estimated to expand at a high CAGR between 2021 and 2026E | Size, Share, Growth, Report Forecast: Ken Research

 

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In 2020, Saudi Arabia recorded over 22.5 million cyber-attacks, each of which cost over 6.5 million dollars to the state: Ken Research

In 2020, Saudi Arabia recorded 22.5 million cyberattacks. Companies, especially MSMEs, were the major targets. Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Favorable demographic dividend: A G20 economy with a young, highly educated population, KSA holds exciting potential and opportunity for investors. Human resources rely more on online mediums, making ample opportunities for investors in the upcoming years. KSA is the largest country in the Middle East and the 19th largest economy in the world and accounts for 0.46% of the world population.

COVID-19 Impact: COVID-19 has not only forced a lot of people to spend more time online but has also led to the swift evolution of cybersecurity in KSA. The COVID-19 outbreak had a significant impact on consumer and provider behaviour including the KSA cybersecurity industry. Data breaches, the closing of manufacturing units, reduced resources, and weakened supply chains are all factors that impede global corporate growth. Cybersecurity Market solutions have been in high demand in healthcare, manufacturing, and government during the epidemic due to increased cyberattacks. Between February 2021 and March 2021, the number of attacks expanded at a large rate. Key market participants are focusing on providing a variety of security solutions to protect industrial operations from severe cyber-attacks.

Increasing domination of Cloud-based services: The rise in the domination of the cloud segment is attributed to increasing technological integration and surging digital usage by consumers post COVID-19. In coming years, this segment is estimated to contribute to the majority share as businesses are shifting to hybrid model wherein a lot of importance is given to data security as consumers opt for WFH model.

Government Initiatives: Increased digital usage led to the government's strategy to form a National Cybersecurity Authority in 2017 with the aim of overseeing cybersecurity infrastructure in the country positively contributes in the development of cybersecurity market in KSA. In 2020, Saudi Arabia ranked second in the Global Cybersecurity Index. The Government has made it mandatory for all Cybersecurity companies to register themselves with National Authority.

KSA Cybersecurity Market Outlook to 2026E

The report titled “KSA Cybersecurity Market Outlook to 2026E- Gauging the opportunities for foreign investment in the cybersecurity market” provides a comprehensive analysis of the potential of the Cybersecurity industry in Kingdom of Saudi Arabia. The report covers various aspects including the current cyber threat scenario and major cyberattacks in the country, revenue generated from cybersecurity, its segmentations vs Component, Deployment Type, Region, End User (Medium and Small Enterprises vs Large Enterprises), by Industry, major trends and developments, issues and challenges, government regulations and product analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

Key Segments Covered in KSA Cybersecurity Market:

By Component (By Revenue), 2021 and 2026F

  • Solutions
  • Services

By Deployment Type (By Revenue), 2021 and 2026F

  • On-Premise
  • Cloud

By Region (By Revenue), 2021 and 2026F

  • Northern
  • Western
  • Eastern
  • Central
  • Southern

By User (By Revenue), 2021 and 2026F

  • Medium and Small Enterprises
  • Large Enterprises

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By Industry (By Revenue), 2021 and 2026F

  • BFSI
  • Government Sector
  • IT
  • Telecom
  • E-Commerce
  • Healthcare
  • Retail
  • Others includes food industry and more

Key Target Audience

  • Technology Companies
  • Cybersecurity Companies
  • Banking and Financial Institutions
  • Cybersecurity Service Providers
  • Government Agencies
  • Cybersecurity Consultants

Time Period Captured in the Report:

  • Historical Period: 2016-2021
  • Forecast Period: 2021-2026

Key Companies Covered:

  • SITE
  • Sirar by STC
  • IBM
  • Palo Alto Networks
  • SBM
  • Cipher
  • NourNet
  • Trusted Partners
  • Trend Micro Incorporated
  • Hewlett Packard Enterprise
  • Norton LifeLock Inc.
  • Dell Technologies
  • SAT Microsystems

Key Topics Covered in the Report:

  • KSA Country Profile and Population Analysis
  • Operating Model of Cybersecurity Companies
  • KSA Cybersecurity Market Size and Segmentations
  • Growth Drivers of KSA Cybersecurity Market
  • Porter’s Five Forces Analysis of KSA Cybersecurity Market
  • Government Rules and Regulations in KSA Cybersecurity Market
  • Government Initiatives in KSA Cybersecurity Market
  • Key Trends and Developments in KSA Cybersecurity Market
  • Role of Cutting-Edge Technology in Developing Cybersecurity Solutions and Applications in KSA
  • Issues and Challenges of KSA Cybersecurity Market
  • Demand Side Analysis
  • Analyst Recommendations
  • Case Studies
  • Research Methodology

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

KSA Cybersecurity Market Outlook to 2026E- Gauging the opportunities for foreign investment in the cybersecurity market: Ken Research

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3 Key Insights on Competitive Landscape in the Global Adult Incontinence Products Market: Ken Research

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Country-Niche Players Comprise Largest Share of the Adult Incontinence Products Industry, Despite the Presence of ~100 Competitors Comprising a Significant Number of Global and Regional Players, finds a recent market study on the Global Adult Incontinence Products Market by Ken Research.

Incontinence is a term that is used for any accidental or involuntary loss of urine from the bladder. The health incontinence condition starts when a balloon-like bladder becomes incapable of storing a supposed amount of urine or when bladder muscles are unable to control the discharge of urine. Incontinence in adults can occur in both men and women with aging being one of the major issues of occurrence. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~25% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~40% of Total Competitors by Type

Competitive Analysis by the research study found that the global adult incontinence products market is fairly competitive with ~100 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing and distribution of adult incontinence products for product types such as adult diapers, pads, pants, and others. The large global players even though comprise about 10% in terms of the number of companies, hold a majority portion of the market revenue share followed by regional players which account for a strong portion of the market revenue share. Most of the players are having their headquarters in the North American region.

Global Adult Incontinence Products Market

2. The majority Number of Players are Specialists, Manufacturing a Wide Array of Products in the Global Adult Incontinence Products Market.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of adult incontinence products catering to multiple distribution channels such as supermarkets, online stores, pharmacies, and drug stores. All leading competitors have a strong presence in the global adult incontinence products market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to end-users demands.

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  • In November 2021, Hartmann Group invest a total of ~US$ 39.60 Mn in the production site at Herbrechitngen between 2021 to 2023. The amount goes into the modernization of production facilities for incontinence products.
  • In May 2019, Kimberly-Clark Poise brand launches a new bladder leakage line empowering women to stay active without interruption.

Global Adult Incontinence Products Industry

3. Government Initiatives & Programs to Encourage the Expansion of the Global Adult Incontinence Products Market

  • The National Continence Program (NCP) by the Australian Government, is a program to support the prevention and management of incontinence.
  • Absorbent products for adult incontinence in the UK are available for full or partial reimbursement through National Health Service (NHS).

Key Topics Covered in the Report: -

Snapshot of the Global Adult Incontinence Products Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Adult Incontinence Products Market

Historic Growth of the Overall Global Adult Incontinence Products Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Adult Incontinence Products Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Global Adult Incontinence Products Market

Future Market Forecast and Growth Rates of the Total Global Adult Incontinence Products Market and by Segments

Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts

Analysis of the Global Adult Incontinence Products Market

Major Production/Supply and Consumption/Demand Hubs in Each Major Region

Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

Kimberly-Clark

First Quality Enterprises, Inc.

Medline Industries

Ontex BV

Unicharm Corporation

Hengan International Group Company Ltd.

NorthShore Care Supply

DSG International

Attends Healthcare Products, Inc.

Drylock Technologies

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Notable Emerging Companies Mentioned in the Report

Fujian Hanhe Sanitary Products Co., Ltd.

Vivia International Private Limited

Quanzhou Jiayue Sanitary Articles Co., Ltd

Quanzhou Xili Hygiene Materials Co., Ltd

Bellibox

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Adult Incontinence Products Manufacturing Companies

Adult Incontinence Products Sales Channels

Adult Incontinence Products Material Suppliers

Potential Investors in Adult Incontinence Products Companies

Adult Diapers Manufacturers

Adult Diapers Suppliers

Raw Material Suppliers for Incontinence Products

Consulting Companies in the Personal Healthcare Market

Government and Research Organizations Working in the Personal Healthcare Industries

Investment Banks Targeting the Personal Healthcare Industry

Government Ministries and Departments of Healthcare

Time Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022-2028F

For more insights on the market intelligence, refer to the link below: -

Global Adult Incontinence Products Market

3 Key Insights on US$ 4 Bn Opportunity in the Global Ultrafast Lasers Market: Ken Research

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Driven by the Adoption of Ultrafast Lasers for Dimensional Accuracy in The Consumer Electronics Sector, The Global Ultrafast Lasers Market is forecasted to reach nearly US$ 4 Bn by 2028 says Ken Research Study.

Ultrafast Lasers are lasers, which emit optical pulses i.e. flash of light for an ultrashort duration such as picosecond (10-12 seconds) or femtosecond (10−15 seconds) time. There are different types of ultrafast lasers such as mode-locked lasers, titanium-sapphire lasers, and more which are widely deployed in consumer electronics, medical, automotive, aerospace & defense, and industrial end-user industries for micromachining, bio imaging, and medical device fabrication purposes.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. The Ultrafast Lasers Market Is Witnessing Steady Growth Owing to the Adoption of Ultrafast Lasers for Dimensional Accuracy

 The Ultrafast Lasers market is witnessing steady growth owing to the adoption of Ultrafast Lasers for dimensional accuracy in consumer electronics, networking and telecom, transportation, and automotive industries, the dimensional accuracy means the degree to which a printed object matches the dimensions and specifications of the original file. Dimensional accuracy ensures that the components of products such as sub-assemblies of electronic devices such as a capacitor, processors, and more function properly.

  • In October 2022, Coherent, Inc. launched a new addon product HIGHvision for Coherent HIGHmotion 2D and RLSK which enables precision seam tracking and beam position control for wielding. HIGHvision is equipped with Advanced image-processing algorithms that can recognize part orientation and identify misalignments with the help of Fiber lasers.

According to Ken Research estimates, the Global Ultrafast Lasers Market – valued at around ~US$ 1 billion in 2017 and estimated to reach nearly ~US$ 2 billion by 2022 – it is further expected to reach a market size of ~US$ 4 billion opportunity by 2028.

Ultrafast Lasers Market

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2.  The Adoption of Ultrafast Lasers in the Automotive Industry Is Providing Notable Growth Opportunities for the Global Ultrafast Lasers Market Growth

The COVID-19 epidemic obviously has an influence on a number of industries, but if things return to normal, it is believed that the economy would recover. For instance, the automobile industry will undergo a significant shift toward electric vehicles (EVs), which would increase the demand for ultrafast laser systems. Thus to fulfill that demand many companies are now focusing on products, especially for the automotive industry.

  • In January 2021, SLD Laser launched the world’s first dual-emission white/infrared laser light for automotive and consumer applications. The new IR Laser offers a precision long-range of 250 meters, and high-speed LiFi communications (Li-Fi is the wireless communication technology that uses light to transmit data) faster than 20 GB per second enabling safe distance with precise illumination patterns and minimum glare to the human eye.

Ultrafast Lasers Market Revenue

3. Complications during the manufacturing of ultrafast lasers are one of the major challenges hindering the growth of the global ultrafast lasers Industry.

The various complications of ultrafast lasers during the production of ultrafast laser products, such as nonlinear effects during beam propagation and interaction process are making the overall ultrafast lasers more expensive, and slow for the working. Beam propagation is the ratio or beam quality factor, which measures the laser beam quality that represents the degree of variation of a beam i.e. spectral width of the laser.

The below graphs depict the average Spectral width of Ultrafast Lasers in nm.

Ultrafast Lasers Market Forecast

Key Topics Covered in the Report: -

Snapshot of Global Ultrafast Lasers Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Ultrafast Lasers Market

Historic Growth of the Overall Global Ultrafast Lasers Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Ultrafast Lasers Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Ultrafast Lasers Market

Future Market Forecast and Growth Rates of the Total Global Ultrafast Lasers Market and by Segments

Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts

Analysis of the Global Ultrafast Lasers Market

Major Production/Supply and Consumption/Demand Hubs within Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Region

Key Competitors Mention in the Report

Amplitude Laser

Coherent Inc.

DPSS Lasers Inc.

TRUMPF

Ekspla

MKS Instruments Inc.

Jenoptik Laser GmbH

IMRA America

Lumentum Holdings

IPG Photonics

Notable Emerging Companies Mentioned in the Report

Nostics

Marvel Fusion

LongPath Technologies

QLM TECHNOLOGY LTD

Nuburu

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Ultrafast Lasers Manufacturers

Ultrafast Lasers Raw Material Suppliers

Ultrafast Lasers Products Manufacturers

Ultrafast Lasers Industry Association

Ultrafast Lasers Companies

Distributors of Ultrafast Lasers

Ultrafast Lasers Marketing Companies

Venture Capitalists Targeting Ultrafast Lasers Industry

Contract Manufacturing Organizations of Ultrafast Laser Device (CMOs)

Original Equipment Manufacturers (OEMs) of Ultrafast Laser Devices

Government Ministries and Departments of Electronics

Time Period Captured in the Report

Historical Period: 2017-202

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Ultrafast Lasers Market Analysis