Thursday, May 18, 2023

The growth of Thailand Ophthalmology Market has been about THB 11 Th in 2020- Will Innovations in Eye Care Technology further boost growth by 2025? Ken Research

 1. Technological Innovations in the Ophthalmology Field in Thailand.

                        Top 5 Funded Ophthalmology Startups

Technology In Ophthalmology Industry in Other Countries

Thailand became one of the leading countries regarding tele-ophthalmology researches after establishing tele-ophthalmology system between Bangkok and health centers in remote rural areas.

ReLEx technique is practised which uses the VisuMax femtosecond laser, minimizes the cornea weakening and results in better curvature change than with LASIK.

Thammasat Chalermprakiat Hospital’s Artificial Eye Center has initiated a project to produce fake eyes free of charge, for people who’ve lost their eyes. Artificial Eyes create a stop-gap arrangement for patients waiting for permanent fake eyes.

2. Scope of Medical Tourism in the Ophthalmology Space in Thailand-What Makes Thailand a Favourable Destination?

                       Funds Raised Startups Ophthalmology Thailand

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  • Femtosecond Laser (ReLEx SMILE technique) & Wavefront Customization are 2 optimized technologies offered for LASIK in Thailand; LASIK process complete in 15 mins for both eyes
  • Samitivej Thonburi Hospital & TRSC International LASIK Center conduct LASIK surgeries at $2000 and $2,500 respectively, which including travel & accommodation costs less than that in US/Australia/UK.
  • Combining eye surgery procedure with an entire 5–6-day vacation in the country is very common due to the low living costs & the tropical nature of the country from a leisure post of view.
  • Thailand houses LASIK institutes such as TRSC International LASIK Center, which have been awarded ISO 9001:2000 certification. Pioneers of Eye Care such as Dr Uthai Rutnin & Dr Ekktet Chansue run successful clinics in the country.

3. Key Future Growth Trends for Ophthalmology in Thailand.

                         Investment Ophthalmology Thailand

 

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Clinics are increasingly creating separate divisions for pediatric ophthalmology. Trend expected to continue as eye ailments become more common across children.

Double Eyelid surgery is the most common cosmetic procedure performed in Thailand, & is expected to continue to be so, as eye clinics begin offering the procedure in its packages.

Eye Surgeries are expected to grow at a CAGR of about 3.5% from 2020-2025, while Surgery Revenues are projected to grow at a CAGR of about 5% over the same period.

Average Consultation price is expected to rise from THB 1,100 in 2020 to nearly THB 1,200 in 2025.

Expanding Charging Stations, Incentives, and Regulations: What Does the Future Hold for the USA EV and EV Charging Equipment Market? : Ken Research

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The Road to a Greener Future: How $1000 Bn investment annually and marketing efforts by EV companies will accelerate the growth of EVs in the USA by 2026, says a report by Ken Research

1. Addressing Gaps in the EV Market: Collaboration between Mining Companies, Charging Infrastructure Expansion, and Public Awareness.

Suggestion of Electric Vehicle Charging Equipment Market

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2. American Government Launches National Electric Vehicle Infrastructure (NEVI) Formula Program to Boost EV Usage.

Government Rules and Regulations for USA EV and EV Charging Market

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The BIL launched the NEVI Formula Program to fund the strategic deployment of EV charging infrastructure and establish a network for data collection and access. FHWA allocates funding to states based on a formula using federal highway and Puerto Rico Highway Program funding. States must submit an EV Infrastructure Deployment Plan to access NEVI Formula funds.

How is the technological disruption gearing up the KSA Used Car Market for the long ride?: Ken Research

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The Used Car Market in KSA has witnessed a positive growth over the years supported by the increase in the millennial population in the country along with the entry of emergent players into the market. The rising trend in used cars over new cars indicates the buyer’s preference for purchasing used cars. Car dealers are emphasizing providing integrated user-friendly platforms to ease the buyer’s journey of used cars in the country. In this segment, we will highlight these trends and developments that are changing the used car industry on a positive note with promising future growth.

1. The KSA Used Car market is in its growth stage and is highly fragmented with multiple players competing on the basis of locations covered, brand availability, financing options, and more

2. The entire vehicle purchasing journey in KSA is undergoing digital transformation, from pre-buying browsing and researching to pricing comparison, finding a dealer, financing options & purchases

3. Social media plays a major role in generating leads for dealers & end consumers by virtue of offering advertisements at a lower cost with respect to other traditional marketing channels

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4. However, unverified sellers & lack of additional services online are some of the customers’ pain points, which are now addressed by the online auto portals in order to drive more sales

 

5.  Additionally, the diffusion of advanced technology & digital enablement will further help the KSA used car market to expand with double-digit growth in the future

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Saudi Arabia Used Car Market

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France Used Cars Market Outlook to 2027

UK Used Car Market Outlook to 2026F

Global Eubiotics Market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Eubiotics Industry?

Global Eubiotics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 8 Bn by 2028.

The Eubiotics Market is largely driven by rise in demand for animal protein, the rise in demand for produced feed, and the restriction on antibiotics.

The rising awareness of the quality and safety of feed additives is boosting the global market. Furthermore, it is thought that feed additives' significant health advantages will continue to drive the global market's rise. The Eubiotics industry is expanding significantly due to rising demand for animal protein, produced feed, and the replacement of antibiotic growth promoters (AGPs) with Eubiotics.

One of the biggest obstacles facing the Eubiotics market during the forecast period is the increasing illness outbreaks in cattle. Further, the growing cost of Eubiotics' raw materials may present difficulties for the global market.

The COVID-19 pandemic had a marginal effect on the Eubiotics market. The industry experienced a mixed response as a result of the social limitations in the key markets, which cost the company money. However, the pandemic led to more knowledge of the harmful effects of antibiotics on animals, which favorably impacted the market's expansion.

Global Eubiotics Market Forecast

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Global Eubiotics Market By Product Type

The Global Eubiotics market is segmented by Product type into Probiotics, Prebiotics, Organic Acids, Essential Oil and Others.

Probiotics segment held the largest market share in 2022, This is ascribed to growing consumer awareness of the use of probiotics in animal feed, continued R&D efforts to create effective solutions, and extensive product portfolios offered by key industry players.

Additionally, it is anticipated that the numerous animal applications, including immune enhancement and gut health maintenance, will positively affect market demand.

Due to the usage of live microorganisms and enhanced benefits for the gastrointestinal system, probiotics are expected to grow the fastest during the anticipated timeframe.

Global Eubiotics Market By Form

The Global Eubiotics market is segmented by form into Dry and Liquid.

Drysegment held the largest market share in 2022, this significant percentage is explained by its benefits, such as improved defense against light and moisture exposure.

Flakes, beadlets, and cross-linked beadlets are examples of Dry forms. Beadlet technology reliably shields the active components from thermal and mechanical stress, enhancing their stability and bioavailability for use in the manufacturing of feed.

Due to longer shelf lives than liquid Eubiotics and increased use of feed additive products, the dry segment is expected to grow the most during the anticipated period.

Global Eubiotics Market By Function

The Global Eubiotics market is segmented by Function into Nutrition & Gut Health, Yield, Immunity and Production.

The nutrition and gut health segment held the largest market share in 2022, the causes can be linked to the effectiveness of Eubiotics in improving gut health and the creation of effective eubiotic carrier mediums for improved distribution in the intestinal system.

Its substantial share can be attributed to the fact that animals frequently experience problems with their digestive systems as well as the rising popularity of preventative healthcare.

Eubiotics are used to improve the health and performance of farmed animals. The antibacterial actions and the product's capacity to change gut flora are what determine its effectiveness most of all. Fructo-oligosaccharide, beta-glucan, probiotics, mannan-oligosaccharide, and prebiotics are all known to improve gut health.

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Global Eubiotics Market By Livestock

The Global Eubiotics market is segmented by Livestock into Cattle, Poultry, Swine, Aquatic and Others.

The poultry segment held the largest market share in 2022, due to the rise in chicken consumption, the improvement of poultry bird health, and the provision of protein.

The rising demand and consumption of chicken, turkey, duck, and boilers worldwide are responsible for its significant share. Of these, chicken meat is the most popular since it is inexpensive compared to other meats, has a low-fat content, and is consumed with fewer religious and cultural restrictions.

Pork consumption is rising, forcing farmers to create high-quality, disease-free meat products for animal consumption. As a result, the need for feed additives is growing.

Key Topics Covered in the Report

  • Snapshot of the Global Eubiotics Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Eubiotics Market
  • Historic Growth of the Overall Global Eubiotics Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Eubiotics Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Eubiotics Market
  • Future Market Forecast and Growth Rates of the Total Global Eubiotics Market and by Segments
  • Market Size of Function Segments with Historical CAGR and Future Forecasts
  • Analysis of Global Eubiotics in Major Regions
  • Major Type/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

  • DSM
  • Novus International, Inc.
  • Lallemand, Inc.
  • Behn Meyer
  • Lesaffre Group
  • Kemin Industries, Inc.
  • Novozymes
  • Chr. Hansen Holding A/S
  • BASF SE
  • Cargill, Incorporated

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Notable Emerging Companies Mentioned in the Report

  • Bluestar Adisseo Co
  • Biomin
  • Roquette Frères
  • Associated British Foods plc
  • Evonik Industries AG

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

  • Eubiotics Manufacturers
  • Eubiotics Association
  • Research & Development Institutes for Eubiotics
  • Eubiotics Materials and Ingredients Suppliers
  • Eubiotics Distributors
  • Probiotics Manufacturers
  • Investment Banks Targeting Eubiotics Market
  • Food Research and Development Institutes
  • Market Research & Consulting Firms
  • Banking and Financial Service Providers
  • Government & Regulatory Authorities
  • Investors in Food Start-ups
  • Start-ups & Incumbents in Food Sector
  • Certification & Inspection Companies
  • F&B Marketing Agencies
  • Dietary Supplement manufacturers

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Eubiotics Market

Wednesday, May 17, 2023

Revolutionizing Qatar's Restaurant Industry: Exploring the Impact of 3 Mn Orders from Cloud Kitchens and 40 Mn from Online Food Delivery Market - What Does the Future Hold? – Ken Research

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In 2022, The Food Delivery and Cloud Kitchen Markets in Qatar Demonstrated Growth Rates of around 10% And 85%, Respectively, Providing Crucial Support to the Qatar Retail Restaurant and Hotel Industry, says a report by Ken Research.

1. The Emergence of Deliveroo Expected to Heat up Competition in Qatar's Highly Consolidated Food Delivery Market Dominated by Talabat, Rafeeq, and Snoonu.

Qatar Retail Restaurant and Hotel Industry

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Talabat has partnered with a variety of restaurants such as Beans Café, Chips & Dips, ciao, and Burger hood, among others. Restaurants that partner exclusively with Talabat are eligible for a moderate commission rate. Talabat's market leadership is attributed to its quick delivery, aftersales services, and reduced commission rates. Snoonu and other online food delivery platforms are investing in technologies such as IoT-enabled fleet management solutions and advanced analytics to better understand customer behavior and optimize their operations and logistics in highly populated areas. In Qatar, players in the food delivery market are expanding their restaurant offerings by establishing partnerships with various outlets. For example, new player Deliveroo has partnered with Pinkberry, Nando’s, Tim Hortons, Wendy’s, and others to attract more customers.

2. Exploring the Dominance of Waka Cloud Kitchen, Cloud Kitchen QA, and Kitopi in Qatar's Thriving Cloud Kitchen Market with Over 1.5 Mn Orders in 2022.

Qatar Retail Restaurant and Hotel Industry

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In 2022, Rafeeq Al Darb Trading Services and Transportation introduced "Waka-Cloud Kitchen," a central kitchen that collaborates with 120 restaurants and provides various cloud restaurants. Meanwhile, Kitopi, a company headquartered in the UAE, established its initial kitchen in Qatar in July 2022 and announced its Series C funding round, with Softbank Group Corp's Vision Fund 2 as the primary investor. KLC Virtual Restaurants, on the other hand, aims to take advantage of an unexplored online food delivery market in Qatar by launching three virtual kitchens in 2022 and planning to open a fourth one in Q1 2023.

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Qatar Retail Restaurant Industry

Global Ethnic Foods Market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Ethnic Foods Industry?

Global Ethnic Foods market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 80 Bn by 2028.

The Ethnic Foods Market is largely driven by increasing the accessibility and availability of ethnic food items, the increasing number of specialized ethnic food supermarket chains in developed nations.

The growing millennial generation, which is constantly seeking out new, exotic experiences, is more open to adopting exotic foods and flavors into daily diets, which is anticipated to fuel the expansion of the market for ethnic food throughout the projected period.

One of the major trends driving the expansion of the ethnic foods market is the adoption of innovative and environmentally friendly packaging by major suppliers. Vendors in the global market for ethnic foods utilize strategies to gain a competitive edge.

Market expansion is primarily affected by stringent rules and regulations that hinder the easy and smooth global trade of food products. High import and export tariffs are also obstructing market growth in some regions.

The COVID-19 pandemic outbreak had a negative impact on the market's growth. Due to the spread of the infection, many people chose to stay indoors, which had a negative effect on the hotel and catering industries. The consumption of ethnic food on major distribution channels declined as a result of fewer frequent consumers and tourists.

Global Ethnic Foods Market Forecast

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Global Ethnic Foods Market By Cuisine Type

The Global Ethnic Foods market is segmented by Cuisine type into American, Chinese, Japanese, Mexican, Italian and Others.

The Chinese cuisine segment dominated the market in 2022, due to the growing demand for Chinese food from developed regions like Europe and North America is driving industry expansion

Chinese food consumption is increasing, which in turn is driving up industry demand, as more people from Asian countries migrate abroad for higher education, tourism, and career possibilities.

According to the Higher Education Statistics Agency, in 2020 approximately 35% of non-European students in Europe were of Chinese ethnicity, leading to the increased demand for Chinese food in European and North American countries.

Global Ethnic Foods Market By Food Type

The Global Ethnic Foods market is segmented by Food type into Vegetarian and Non-Vegetarian.

The non-Vegetarian segment accounted for the highest market share in 2022, as consumption is considerably higher than vegetarian consumption worldwide.

Non-vegetarian cuisine is part of practically every household's daily diet in Europe, North America, South America, China, and the Middle East.

Compared to vegetarian meals, non-vegetarian meals make up a higher portion of an individual’s regular diet.

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Global Ethnic Foods Market By Distribution Channel

The Global Ethnic Foods market is segmented by distribution Channel into Hypermarkets /Supermarkets, Convenience Stores, Online and Others.

Hypermarkets/Supermarkets dominated the market in 2022 since the wider public prefers to purchase food and snacks from supermarkets and hypermarkets

Its dominance can be attributed to consumers' strong preference to buy items from big supermarkets due to its extensive range of brand and price options.

Developments in the organized retail sector, as well as a rise in the number of hypermarkets and supermarkets, along with increased metro cities and migration to metro cities, are the primary factors influencing the expansion of the whole segment.

Global Ethnic Foods Market By Application

The Global Ethnic Foods market is segmented by Application into Restaurant, Household and Others.

Restaurants accounted for the highest market share in 2022 as restaurants regularly serve ethnic foods to enhance the dining experience for consumers.

Customers have the opportunity to explore new cuisines and varieties while dining outside the home.

Taco Bell, the world's leading Mexican-inspired restaurant brand, in December 2019 announced that it had reached an important milestone in its India expansion by opening its 50th location.

Key Topics Covered in the Report

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

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Notable Key Players Mentioned in the Report

  • Ajinomoto Co. Inc.
  • Taco Bell
  • ARYZTA AG
  • Asli Fine Foods
  • McCormick & Company Inc.
  • General Mills
  • MTR Foods
  • Wanis International Food
  • Santa Maria UK Ltd
  • Nestle

Notable Emerging Companies Mentioned in the Report

  • Sach Foods
  • Omsom
  • Fly By Jing
  • Immi
  •  Sanzo

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

  • Ethnic Foods Manufacturers and Providers
  • Ethnic Foods Distributors
  • Ethnic Foods Organizations, Forums, Alliances, And Associations
  • Government Ministries and Departments of Food Industry
  • Government Regulatory and Research Organizations
  • Raw Material Suppliers for Ethnic Food
  • Food Packaging Equipment Companies
  • Food Transport Solutions Providers

Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Ethnic Foods Market

Oxygen gas segment is projected to grow at a CAGR of 6% by 2026- Will India’s Industrial Gas market be able to achieve this mark?: Ken Research

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Among the various industrial gases in the market, Oxygen, Nitrogen and Argon dominate the Indian industrial gases market with oxygen taking the lead owing to its use in a wide range of applications, as per a report by Ken Research.

1. Transportation of Gases and Impact of COVID-19 has been two major challenges in India Industrial Gas Market

Solutions to overcome challenges faced by the industrial gas market

India does not have enough cryogenic tankers to ensure 24×7 road transport. The increase in cost for transport and logistics has increased the cost of refilling cylinder. A cylinder that would earlier cost INR 100-150 for refiling, now costs INR 500-2000.

Amid Covid-19 the demand for oxygen started rising, but there were not enough cylinders and tankers to store and transport, 2021. Amid COVID-19, there was a sudden requirement for high production of Oxygen Gas which made the suppliers under pressure to produce oxygen with it’s maximum capability. To tackle the situation, most top players almost stopped making Nitrogen and Argon gases. This situation created a major hurdle for the end users of Nitrogen and Argon Industry.

2. Oxygen will be the most profitable industrial gas due to the versatilities and demand in various industries

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Ease in transportation will help in the increased supply of oxygen in different geographical regions. Industry experts in MP said they plan to use trains to transport oxygen faster instead of solely depending on traditional road transport.

Major companies such as INOX Air Products’ new plants will be strategically located in proximity of high demand growth areas in the states of Maharashtra, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Andhra Pradesh and West Bengal.

Increasing usage of liquid nitrogen in varied range of medical activities such as cryosurgeries, cryotherapies and cryopreservation, etc., is expected to spur the demand for liquid nitrogen during forecast period. Growing energy market is likely to increase demand of argon due to its application in insulated window and solar energy.

3. Trends and Developments in India’s Industrial Gases Market

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IoT integration has helped in monitoring level and pressure of Gases in the tanks, but also helps in controlling the flowrate downstream of vaporizers, to avoid liquid breakthrough oxygen in the piping and to avoid reaching unsafe velocity of oxygen. This integration technique has been adopted by few big players in the industry. Linde & Praxair the leaders of the industry came together as a monopoly which will give a cut throat competition to other players in the industry.

Global Food Grade Lubricants market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 500 Mn by 2028. – Ken Research

What Is The Size Of Global Food Grade Lubricants Industry?

The Food Grade Lubricants Market is largely driven by strict government rules and regulation on mandating the usage of food-grade lubricants.

Surging the food and beverages industry, is likely to propel the growth of the food-grade lubricants market. For instance, as per Germany Trade & Invest, Germany is Europe’s largest food producer and the food & beverages industry represents the fourth largest industry sector in Germany. Exports of processed foods and agricultural commodities generated sales of US$ 70.21 Million in 2018, making Germany the third largest exporter of food and beverages worldwide.

Lack of technical knowledge about the Food-Grades such as H1, H2, and H3 among the manufacturers, is likely to cause a restraint for this market. NSF International, an American health organization, mentioned that lubricants registered as H1 or certified to ISO 21469 are considered food-grade.

COVID-19 has decelerated the growth of the Food Grade Market. This is because of the temporary shutdown of assembly lines, disruption of the supply chain, restriction on manufacturing activities, and decline in the number of export and import of various food product types. But as the market is recovering and people are getting more aware of food safety, it is estimated that the food-grade lubricants market will grow significantly in the forecasted period.

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Global Food Grade Lubricants Market By Product Type

The Global Food Grade Lubricants market is segmented by Product type into Mineral, Synthetic, Bio-Based and Others.

The mineral segment accounted for the largest market share in 2022, as it is used for multiple applications such as food, beverages, cosmetics, and others.

According to Enerdata, an energy intelligence company, stated in a report that global crude oil output rose by less than 1% in 2021 after a 7.4% drop in 2020.

In 2021, as stated by Enerdata, the US crude oil production (17% of global output) increased by 1.3%. Increased production of crude oil is likely to propel the growth of the mineral oil product segment.

Global Food Grade Lubricants Market By Grade

The Global Food Grade Lubricants market is segmented by Grade into H1, H2 and H3. The H1 segment accounted for the largest market share in 2022, owing to the extensive usage in the food industry.

H1 lubricants are food-grade lubricants used in food manufacturing plants where there is less possibility of occasional contact with food.

H1 lubricants are produced with a base oil like polyaphaolefines, polyalkenes glycol, and easter, mixed with additives, that help in to maintain the quality of food.

Global Food Grade Lubricants Market By Application

The Global Food Grade Lubricants market is segmented by Application into Food, Beverages, Pharmaceuticals and Others.

The food application segment held the largest market in 2022, owing to increased usage, and multiple applications in various sub-sector in the food industry.

As per Invest India, India ranks 1st in milk production and contributes 23% of milk production growing at a CAGR of ~6.2% to reach 209.96 MT in 2020-21.

According to the USA Department of Agriculture, Japan’s food processing industry manufactured US$ 218.3 billion in food and beverages products.

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Key Topics Covered in the Report

  • Snapshot of the Global Food Grade Lubricants Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Food Grade Lubricants Market
  • Historic Growth of the Overall Global Food Grade Lubricants Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Food Grade Lubricants Industry
  • Overview, Product Type Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Food Grade Lubricants Market
  • Future Market Forecast and Growth Rates of the Total Global Food Grade Lubricants Market and by Segments
  • Market Size of Type/End-Users Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Food Grade Lubricants 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

  • CITGO
  • Lanxess
  • Exxon Mobil
  • Eni
  • SKF
  • FUCHS PETROLUB SE
  • Dow Chemical Company
  • Total Energy
  • ENEOS Corporation
  • Phillips 66

Notable Emerging Companies Mentioned in the Report

  • Cocoon Biotech
  • ADBioplastics
  • BioMed Element
  • XAMPLA
  • Cypris Materials

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

  • Food-Grade Lubricants Manufacturing Companies
  • Food-Grade Lubricants Suppliers
  • Food-Grade Lubricants Material Producers
  • Potential Investors in Food-Grade Lubricants Companies
  • Lubricants Producers
  • Edible Oil Manufacturers
  • Consulting Companies in the Chemical Market
  • Government And Research Organizations Working in the Chemical Industries
  • Investment Banks Targeting the Edible Oils Industry
  • PE and VC Firms focused on Food Industry
  • Investment Banks Targeting Food Industry
  • Government Ministries and Departments of Food Industry
  • Food Research Institutes

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 Food Grade Lubricants Market 

Health Tech is seen as the next big thing in the Philippines: Ken Research

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Philippines Health Tech Market had a slow growth initially. The slow growth corresponded to poor internet penetration and a lack of technology awareness. Unorganized health tech infrastructure and a less tech-savvy population led to the accumulation of unharmonized healthcare data. The government faced a major difficulty when the healthcare challenges kept on increasing with the growing population.

But, the table is turning and the Health tech industry is seen as the big thing in the Philippines. From our exclusive report, we have brought you the key points that show how the Philippines government is continuously working towards the increasing adoption of health tech in the country. Let’s dive in!

1. The Philippines GDP was exponentially increasing till the year 2019 but then due to the pandemic, the GDP shrunk by 9.5%, the Health Tech Market was in profit due to rising investments

2. However, there are still many factors that hinder the growth of the Health Technology sector in Philippines

3. Also, proper implementation of eHealth is a major concern for the Philippines Health Tech Market

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4. Still, Philippines market show a potential to have seamless entry of technology and reach double-digit growth in the future

5. Moreover, Philippines’ government have been proactively updating tech to keep citizens informed, educated, and updated and push the Health Tech market in the country

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Philippines Health Tech Market

Related Report By Ken Research:-

France Fitness Services Market Outlook to 2027F

Germany Fitness Services Market Outlook to 2027F

Global Food Deaerators Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD 500 Mn By 2028 – Ken Research

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What Is The Size Of Global Food Deaerators Industry?

Global Food Deaerators market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 500 Mn by 2028.  The Food Deaerators Market is largely driven by rising customer demand for food goods with an extended shelf life. Government spending on machinery and equipment for the food processing industry is improving the market's prospects for expansion.

The market is expected to expand as a result of technological investment in the creation of new food and beverage processing equipment. There are numerous uses for food deaerators in the industry, but the investment cost associated with the equipment is one of the biggest obstacles for the food processing sector.

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Additionally, the cost of production due to an increase in energy and labor costs is one of the main barriers to the market. Due to low demand from a variety of industries, including manufacturing, breweries, and food and beverage due to the lockdown enforced by governments of many countries, the market for deaeration machines is anticipated to decline in the year 2020.

However, with the opening of the cities and removal of lockdowns in 2021, and opening of the market, the Food Deaerators market is anticipated to grow in future.

Global Food Deaerators Market By Type

The Global Food Deaerators market is segmented by Type into Spray-Tray Type, Spray Type and Vacuum Type.

The spray-tray segment held the largest market share in 2022, owing to their effectiveness and efficiency in comparison to other types of deaerators.

The spray-tray type deaerators, also known as open-top systems, work by spraying the substance inside to help remove dissolved gas. A high-pressure steam injector uses water to spray over the food's surface to remove any air or gases before packaging. Many other types of food, including cooked ham slices, hot dogs, and sausages, can be deaerated with a spray tray.

The benefits of employing the spray-tray type include the fact that it operates without vacuum or inert gas and consumes very little energy (electricity) because only a low water temperature is needed to heat the components.

Global Food Deaerators Market By Function

The Global Food Deaerators market is segmented by Function into Oxygen Removal, Water Heating, Aroma and Flavor Retention and Others.

The oxygen removal segment held the largest market share in 2022, owing to its application that helps in the removal of oxygen from food and beverage.

A food deaerator is a device that is typically used to remove oxygen from food and beverages, extending the shelf life of goods. These are the elements that are anticipated to enhance demand for deaerators' oxygen removal capabilities in the beverage industry.

It encourages the extension of the product's shelf life by lowering the concentration of numerous gases, mostly oxygen, and improving the thermal efficiency of the boiler by raising the water temperature.

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Key Topics Covered in the Report

  • Snapshot of the Global Food Deaerators Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Food Deaerators Market
  • Historic Growth of the Overall Global Food Deaerators Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Food Deaerators Industry
  • Overview, Function Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Food Deaerators Market
  • Future Market Forecast and Growth Rates of the Total Global Food Deaerators Market and by Segments
  • Market Size of Application Segments with Historical CAGR and Future Forecasts
  • Analysis of Global Food Deaerators in Major Regions
  • Major Function/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

  • GEA Group
  •  
  • SPX Flow
  • Parker Boiler
  • Alfa Laval
  • The Cornell Machine Company
  • Mepaco
  • Stork
  • The Fulton Companies
  • Jaygo Incorporated

Notable Emerging Companies Mentioned in the Report

  • Centec LLC
  • Sterling Process Equipment and Services, Inc.
  • Special Projects International Inc.
  • Boiler & Steam Performance, Inc.

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

Global Food Deaerators Market