Thursday, October 12, 2023

Exploring the Investment Landscape in the UK Agricultural Equipment Market

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Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.

STORY OUTLINE

  • The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
  • Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation as they drive the adoption of precision agriculture tools.
  • Sustainability-minded investors can align their portfolios with companies like Fendt and New Holland, who are leading the way in eco-friendly equipment. Moreover, suppliers like JCB, closely aligned with government initiatives, offer a compelling investment avenue.
  • Investors seeking novel solutions can explore startups and niche players like Hands Free Hectare, which demonstrate the potential for innovative disruption in the sector.

The UK agricultural equipment market is undergoing a transformative shift, driven by technological advancements, sustainability imperatives, and changing consumer demands. This article delves into the investment landscape within this dynamic sector, focusing on key players and the opportunities they offer to investors seeking to capitalize on the future of agriculture.

1. Leading Manufacturers' Technological Advancements

[caption id="attachment_89956" align="aligncenter" width="513"]Major Players in UK Agri Equipment Market                      

Prominent agricultural equipment manufacturers are at the forefront of innovation, investing significantly in cutting-edge technologies. Companies such as John Deere, CNH Industrial (parent company of Case IH and New Holland), and AGCO Corporation (including brands like Massey Ferguson and Fendt) are embracing precision agriculture solutions.

These players are developing GPS-guided tractors, sensor-driven machinery, and data analytics platforms. Investors who recognize the innovation potential of these manufacturers can tap into their market dominance and benefit from the growing demand for high-tech farming solutions.

2. Sustainable Leaders: Investing in Eco-Friendly Equipment

With the UK's commitment to achieving net-zero carbon emissions, investors are increasingly turning their attention to companies specializing in sustainable agricultural equipment. AGCO's Fendt.

For instance, offers electric tractors, while CNH Industrial's New Holland focuses on sustainable machinery design. Investing in these forward-thinking manufacturers aligns with both environmental goals and future market trends, as sustainable solutions gain momentum.

3. Government-Backed Initiatives and Suppliers

Government incentives play a pivotal role in shaping the investment landscape. Companies that provide equipment in line with government policies and support sustainable practices stand to benefit from these initiatives. A prime example is JCB, a UK-based construction and agricultural equipment manufacturer.

JCB's commitment to innovation and sustainability positions it well for government contracts and grants, making it an attractive investment option.

4. Startups and Niche Players

Emerging Players in UK Agri Equipment Market

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The changing landscape of collaborative ownership models has given rise to startups and niche players offering specialized solutions for the agricultural equipment market.

Startups like Hands Free Hectare, known for developing autonomous farming solutions, showcase the potential for disruptive innovation.

Investors who identify emerging players catering to specific niches can tap into innovative solutions that address unique challenges in the farming sector.

In conclusion, the UK agricultural equipment investment landscape is evolving rapidly, presenting opportunities that cater to a range of investment strategies. As the sector advances with technology and sustainability at its core, investors who strategically align their portfolios with key players and emerging trends can navigate this landscape to capitalize on a promising future for agricultural equipment innovation and growth.

Funding Circle Limited: Empowering Micro Businesses and Fueling Growth in US Micro Lending Market

 Funding Circle Limited is one of the leading players in the US micro-lending market with a global presence in countries like the United Kingdom, Germany, and the Netherlands. Funding Circle Limited has helped ~1,18,000 businesses worldwide with a loan distribution of $1.13 Bn.

STORY OUTLINE

  • The company recorded a revenue of $155 Mn in the year 2022 with a working strength of 1100 employees.
  • In 2022 alone the company allotted $2Bn amount of credit to small and medium-sized businesses.
  • Recently, the company raised $37 Mn of venture capital funding from another micro-lending institution named Accel Partners.

According to Ken Research: America is one of the world’s biggest markets for micro-lending with a significant market value. In America, there are a total of 80 Mn active customers in the micro-lending market which includes 50% of female clients. Funding Circle Limited is one of the market leaders in the US micro-lending market with a strong presence over the country. Currently, the company serves around 1,18,000 small and medium-sized businesses.

1.Overview of Funding Circle Ltd.

  • Funding Circle was founded in the year 2010 by three partners Sameer Desai, James Meekings, and Andrew Mullinger. The company offers products such as Business Loans and Commercial and Industrial Loans for small and medium-sized enterprises.
  • The company recorded a revenue of $155 Mn in the year 2022 with a working strength of 1100 employees.
  • The company’s headed by CEO Sameer Desai and it headquarter is located on Queen Victoria Street, London, United Kingdom.
  • The company spends 3% of its earnings on the CSR (Corporate Social Responsibility) fund annually.

US MICRO LENDING INDUSTRY

2.Funding Circle’s Position in US Micro Lending Market

  • Funding Circle Limited is one of the major players in the US micro-lending market. The company has distributed ~$19 Mn in small loan amounts to small and medium-sized enterprises across the country.
  • In 2022 alone the company allotted $2Bn amount of credit to small and medium-sized businesses which was a record for the company.
  • The company has ~$3 Bn outstanding loans under management globally and it has sustained ~1,00,000 jobs in 2022.

US MICRO LENDING MARKET

Click here:- Amount of credit provided by Funding Circle

3.Major Competitors of Funding Circle in the US Micro Lending Market

  • On Deck Capital Inc, American Express Kabbage Inc, LendingClub Bank, Zopa Bank Limited, Biz2Credit Inc., Lendio Inc., Bluevine Capital Inc., Fundera Inc. (NerdWallet), and StreetShares Inc are some of the major players of the US micro-lending market.
  • The American Express Company unveiled a line of financial service products for microbusinesses in 2022. The business has experienced tremendous returns of 70% over the past three years.
  • Lendio Inc. has unveiled a new mobile app with capabilities like access, analytics, and capital analysis to help small businesses.

US MICRO LENDING SECTOR

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4.Expansion of Funding Circle in the US Micro Lending Market

  • Recently, the company raised $37 Mn of venture capital funding from another micro-lending institution named Accel Partners. This funding circle is to grow the business in US micro-lending market and expand the range of products its offers.
  • In 2020. The company raised another $100Mn from several investors like Baillie Gifford, DST Global, Index, Ventures, Ribbit Capital, Rocket Internets, Sands Capital Ventures, and Temasek.
  • Funding Circle raised $65 Mn from its equity shares to further strengthen its international growth of marketplace lending.

Microfinance Industry in the US

5.Market Strategies of Funding Circle in the US Micro Lending Market

  • The target audience for Funding Circle is small and medium-sized enterprises that require frequent funds to support their business and other activities. The company has supported around 20% of country SMEs in 2022.
  • The company worked together with government agencies during the time of covid-19. The company helped many SMEs during the pandemic from the bankrupt situation and lends ~2 Bn loan amount in 2020 alone. It was one of the largest lenders during the pandemic under the CBILS (Coronavirus Business Interruption Loan).
  • The company is planning to diversify its customer base as it has announced to distribute loans to individual proprietors, medical patients, and farmers from next year.

Micro Lending Market forecast

Conclusion

Within the dynamic landscape of US micro-lending, Funding Circle has developed as a frontrunner, encouraging the desires of small and medium-sized ventures. With an exceptional presence crossing nations and a commitment to corporate social responsibility, Funding Circle's journey is stamped by development and impact. The company's considerable loan distribution of $1.13 billion to over 118,000 businesses globally stand as a confirmation of its viability. As Funding Circle proceeds to grow its impression and offerings, its collaboration with government offices amid the pandemic and plans to expand clientele highlight its part in driving financial flexibility. With visionary leadership beneath CEO Sameer Desai, Funding Circle's commitment to businesses' development and well-being is reshaping the forms of micro-lending, cultivating a flourishing environment for business people over the United States.

Wednesday, October 11, 2023

Europe Wheat Protein Market: Analyzing Growth, Trends, and Future Projections

 What Is The Size Of Europe Wheat Protein Industry?

Europe wheat protein market is growing at a CAGR of ~1.6% in 2017-2022 and is expected to reach ~Bn USD by 2028.

The Europe wheat protein Market is largely driven by heavy demands, increase in number of nutritional foods, athlete edible food items.

Due to the growing food & beverages industry and improving economic conditions, consumers in developed and developing European countries are inclining more toward convenience foods, bolstering the market's growth.

According to OECD, Europe's per capita wheat consumption increased from 89.5 kg in 2020 to 90.04 kg in 2021.

This increase in consumption is also supported by the rise in the area harvested under wheat.

Europe Wheat protein Market

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The area harvested under wheat is 70.1 in 2020 and 71.2 in 2021. Thus, the increasing land under wheat cultivation is pushing production, thereby increasing the per capita consumption of wheat. It leads to the wheat market growth during the forecast period.

Nutritional advantages is also the major growing drivers of wheat market in Europe due to increasing lactose intolerance and health – conscious customers.  Popularity in muscle building and athletic population is also an important factor, for the growth in the market

Europe Wheat Protein Market By Product Type

The Europe wheat protein market is segmented by product into wheat gluten; wheat protein isolates, textured wheat protein, and hydrolyzed wheat protein.

Dominant segment in the market in 2022 is wheat gluten segment accounted for the largest revenue share, due to various factors like better product Quality and Variety Production Capacity and Efficiency, Research and Innovation.

Wheat gluten segment has better distribution network and with competitive Pricing. This segment has seen effective marketing strategies with a strong brand presence and better Regulatory Compliance. These reasons are accounted.

Europe Wheat Protein Market By Application

The Europe wheat protein market is segmented by application into bakery & snacks, pet food, nutritional bars & drinks, processed meat, meat analogs, and others.

The bakery and snacks segment are the most dominant type of segment in the Europe wheat protein market in 2022.

The reason for the bakery and snacks segment to be dominant is due to increasing demand to fast food products and easy and portable foods.

Bakery and snacks segment has a popularity with tourists and they are homemade specialty, which makes them bestselling products in their region.

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Europe Wheat Protein Market By Regional Split

The Europe wheat protein market is segmented into France, Germany, Italy, UK, Russia, and rest of Europe.

France holds the largest market share in the European wheat protein market in 2022 due to a combination of factors. Its favorable climate and soil conditions support robust wheat production, while advanced agricultural practices ensure high-quality yields. Additionally, France's strong research and development in wheat breeding and processing technologies contribute to superior wheat protein extraction. These factors, coupled with established trade networks and a reputation for quality, position France as a dominant player in the European wheat protein market.

Competition Scenario In Europe Wheat Protein Market

The competitive landscape of the European wheat protein market is characterized by the presence of several key players, each vying for market share in this dynamic and evolving industry. Companies like Roquette Frères, Cargill, Archer Daniels Midland Company, and Tereos dominate the market with their extensive product portfolios and strong distribution networks. These industry leaders offer a wide range of wheat protein products tailored to various applications, from food and beverages to personal care.

Moreover, the market has witnessed the emergence of niche players and startups focusing on innovative wheat protein formulations, often catering to specialized dietary needs such as gluten-free or allergen-friendly products. As the demand for plant-based protein sources grows, companies such as Planteneers and Axiom Foods have gained recognition for their commitment to sustainability and product innovation.

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What Is The Expected Future Outlook For The Overall Europe Wheat Protein Market?

The Europe wheat protein market was valued at USD ~Billion in 2022 and is anticipated to reach USD ~ Billion by the end of 2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The growth in the market in future is driven by sustainability and health trends, more inclination towards plant-based diets for nutrition.

The rise of plant-based and flexitarian diets is driving demand for high-quality protein sources that can replace or complement animal-based proteins. Wheat protein offers an excellent solution, as it can be processed into various forms like seitan, a meat substitute, and used in a wide range of products, including burgers, sausages, deli slices, and more. This aligns with the preferences of consumers who are seeking to reduce their meat consumption for health, ethical, and environmental reasons.

Wheat protein is not only environmentally friendly but also offers notable health benefits. It is a complete protein source, containing all essential amino acids. Moreover, it is low in fat and cholesterol-free, making it an attractive option for as consumers become more aware of the nutritional content of their food, wheat protein can gain traction as a key component of balanced diets and sports nutrition products.

The versatility of wheat protein in terms of texture and functionality makes it an ideal ingredient for innovation in the food industry. Manufacturers can create a wide array of products with different flavors, textures, and forms, appealing to a diverse consumer base. This innovation can extend beyond meat alternatives to include dairy-free products, bakery items, and more, further driving the growth of the wheat protein market.

Governments and regulatory bodies in Europe are showing increasing support for sustainable and plant-based food initiatives. This can lead to favorable policies, subsidies, and incentives that encourage the production and adoption of wheat protein-based products. Additionally, investments in research and development can lead to advancements in taste, texture, and nutritional profiles, further bolstering the growth of the market.

Unveiling the Thriving Landscape of UAE's IT Service Market

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The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.

STORY OUTLINE

  • Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
  • Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
  • Security Fortification: UAE's robust cybersecurity imperative meets heightened demand, bolstering local-global collaborations for digital defense.
  • Remote Work Revolution: Pandemic drives UAE's IT services, empowering businesses with remote work solutions, connectivity, and data management tools.
"Ken Research anticipates a promising future for the UAE's IT services market, fueled by dynamic digital transformation, expansive cloud adoption, and innovative technologies. With steadfast government support and a resilient cybersecurity ecosystem, the sector is poised for robust growth, shaping the UAE's digital prowess on the global stage."

The United Arab Emirates stands at the forefront of technological innovation, with its IT service market showcasing dynamic growth and boundless potential. As a global business hub and a nation committed to digital transformation, the UAE is experiencing a remarkable surge in demand for IT services, underpinned by several key drivers.

1. Digital Transformation and Government Initiatives

UAE Cloud Market

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At the heart of the UAE's IT service market evolution lies a steadfast commitment to digital transformation. The UAE government's visionary initiatives, such as "Smart Dubai" and "UAE Vision 2021," have paved the way for a digitally empowered ecosystem.

These initiatives span various sectors, including healthcare, education, finance, and governance. With substantial investments in smart city projects and infrastructure development, the UAE is redefining urban living through the integration of technology.

2. Cloud Adoption and Emerging Technologies

Emerging technologies in UAE IT sector

The UAE's IT landscape is witnessing a rapid shift towards cloud adoption, reflecting the global trend of businesses seeking scalable and cost-effective solutions.

 With a growing number of organizations recognizing the benefits of cloud services, both local and global cloud providers are vying for a share of this expanding market. Moreover, the rise of emerging technologies such as artificial intelligence, the Internet of Things, and blockchain is catalyzing innovation across industries.

From AI-driven customer experiences to IoT-enabled supply chain optimization, these technologies are reshaping business processes and customer interactions.

3. Cybersecurity Imperatives and Remote Work Culture

Cyber Security Market

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In the wake of increased digitalization, the significance of robust cybersecurity measures cannot be overstated.

The UAE's IT service market is witnessing a parallel growth in demand for advanced cybersecurity solutions. As organizations digitize their operations and data, the need to safeguard sensitive information has become paramount.

 This has led to partnerships between local and international cybersecurity firms, working in tandem to fortify the UAE's digital defenses.

The COVID-19 pandemic has propelled the adoption of remote work and digital connectivity, further fueling the demand for IT services. Businesses swiftly embraced digital transformation to ensure continuity amidst the crisis. As remote work transitions from a necessity to a strategic advantage, the UAE's IT service market is stepping up to provide seamless remote collaboration tools, secure virtual networks, and robust data management solutions.

In Conclusion, the UAE's IT service market is a vibrant ecosystem defined by its commitment to digital transformation, the adoption of cutting-edge technologies, the emphasis on cybersecurity, and the rapid integration of remote work solutions. With government support, a thriving business landscape, and an insatiable appetite for innovation, the UAE is poised to continue its journey as a global technology leader. As businesses navigate the evolving digital landscape, the UAE's IT service providers are the catalysts driving these transformations, shaping the future of a digitally empowered nation.

A Clear Outlook: India's uPVC Door and Windows Sector Predicts 11.3% CAGR Growth by 2027: Ken Research

 In a significant development that underscores the booming real estate and construction landscape in India, the uPVC door and windows market is set to witness substantial growth, with a projected CAGR of 11.3% by the year 2027.

Story Outline

  • Real Estate Boost: Urbanization fuels demand for spaces. uPVC's energy efficiency makes it a preferred choice in modern constructions, leveraging real estate's growth.
  • Leading the Market: Domestic manufacturers dominate uPVC extrusion. Top five fabricators, including Fenesta, Window Magic, and others, hold 12% revenue share, showcasing industry strength.
  • Tech Reshaping Construction: Synergy of real estate and uPVC with advanced tech produces high-performance products, meeting evolving design and construction trends effectively.
  • Sustainable Future: Amid urban expansion, uPVC aligns with sustainability and energy-efficiency demands, driven by innovation and commitment of industry leaders for a forward-looking construction landscape.

India uPVC Door and Windows Sector Growth

This revelation comes as no surprise, considering the nation's growing urbanization, increasing disposable income, and a renewed focus on sustainable building solutions.

The uPVC (unplasticized polyvinyl chloride) sector has been gaining prominence globally as a sustainable and energy-efficient alternative to traditional construction materials. In India, this trend has caught on, driven by factors such as rapid urban expansion, a rise in residential and commercial construction projects, and a heightened awareness of energy conservation. According to industry experts, this impressive projected CAGR highlights the sector's potential to reshape the way buildings are constructed, with doors and windows playing a pivotal role in enhancing energy efficiency and aesthetics.

1. Real Estate Renaissance

Major regions India's uPVC Profile Extrusion Market

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India's rapid urbanization has led to a surge in the demand for residential and commercial spaces. As cities expand and infrastructural projects take shape, the need for high-quality building materials and solutions becomes paramount.

The real estate industry's growth provides a platform for the uPVC market to flourish, as developers and homeowners alike seek efficient and sustainable solutions for their projects.

uPVC windows and doors, known for their energy efficiency, durability, and low maintenance, have emerged as preferred choices for modern constructions.

2. Industry Players Set Unprecedented High Standards

Ecosystem India uPVC Doors and Windows Market

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In India's uPVC extrusion sector, around 40 domestic manufacturers and approximately 200 import participants operate. Notably, domestic players lead in utilization capacity, forming a significant part of the market.

Fenesta, Window Magic, Dhabriya Plywood, NCL VEKA, and Lingel Windows, the leading five fabricators, collectively hold approximately 10% of the revenue market share in FY'23.

Securing the forefront in capital expenditure, NCL VEKA exemplifies financial prowess and growth potential, positioning it favorably for expansion, acquisitions, technology enhancements, and asset management across property, plants, technology, and equipment.

3. Technological Progress is Shifting the Landscape

Both the real estate and uPVC industries have benefited from technological advancements. Innovative manufacturing processes, hardware integration, and installation techniques have contributed to the creation of high-performance uPVC products that meet the demands of modern construction. This synergy allows the uPVC market to offer solutions that address the challenges posed by changing building practices and design preferences.

In conclusion, the dynamic interplay between India's burgeoning real estate industry and the uPVC market reflects a synergistic relationship driven by urbanization, sustainability, and technological advancements. This promising convergence not only shapes modern construction practices but also envisions a more efficient, aesthetic, and environmentally conscious future.

The Agricultural Equipment Market in the Netherlands: Innovations and Trends

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The agricultural equipment market in the Netherlands is projected to experience a Compound Annual Growth Rate (CAGR) of ~6.5% by the year 2027. Let's delve into the various factors that contribute to this growth.

STORY OUTLINE

  • Dutch farming embraces GPS tractors, precision methods for optimal planting, harvesting, increasing yield, and productivity.
  • Leading in horticulture, Netherlands' high-tech greenhouses contribute to exports and innovative crop growth under controlled environments.
  • Dutch Agri-market innovates to minimize chemicals, conserve water, adopting precision systems for eco-friendly practices.
  • Challenges met with research and tech-driven solutions, as automation, data, and sustainability pave Dutch Agri-equipment market's future.

The Netherlands, a country renowned for its picturesque tulip fields and windmills, is also a powerhouse in the agricultural sector. With its technologically advanced approach to farming and horticulture, the Dutch agricultural equipment market has seen remarkable growth and innovation. Let's delve into the key trends and statistics shaping this dynamic market.

1.Technological Advancements and Modernization

Dutch Agriculture Equipment Industry

One of the standouts features of the Dutch agricultural landscape is its embrace of cutting-edge technology. Precision farming techniques have become the norm, with Global Positioning System (GPS)-guided tractors leading the charge.

These intelligent machines allow farmers to optimize planting, irrigation, and harvesting, resulting in increased efficiency and yield.

2.Greenhouse Horticulture Excellence

The Netherlands is a global leader in greenhouse horticulture, a practice that involves growing crops in controlled environments. These high-tech greenhouses incorporate climate control systems, artificial lighting, and advanced hydroponic or aquaponic setups.

According to recent statistics, nearly 10% of the country's agricultural production takes place within greenhouses, contributing significantly to its export revenues.

3.Sustainable Agriculture and Environmental Awareness

Major Players in Agriculture Equipment Market 

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Environmental concerns and sustainability are at the forefront of Dutch agricultural practices. The Netherlands' agricultural equipment market has responded by offering innovative solutions that reduce chemical usage, conserve water, and minimize environmental impact.

This commitment is evident in the increasing adoption of precision application systems that limit the use of fertilizers and pesticides.

4.Challenges and Future Outlook

Despite its impressive achievements, the Dutch agricultural equipment market faces certain challenges. Rising land prices, labor shortages, and stringent environmental regulations pose hurdles that the industry must navigate. However, the Dutch government's commitment to research and innovation ensures that these challenges are met with inventive solutions.

Challenges in Dutch Agri Equipment Market

With a blend of tradition and innovation, the Netherlands' agricultural sector stands as a beacon of modern agricultural practices, inspiring the world with its commitment to efficient and eco-friendly farming.

In conclusion, the Netherlands' agricultural equipment market exemplifies the marriage of technology and agriculture. From precision farming to advanced greenhouse horticulture and automation in dairy farming, the country's approach serves as a model for sustainable and efficient agriculture. As global demands for food production and resource efficiency increase, the Dutch agricultural equipment market is poised to play a pivotal role in shaping the future of farming.

Tuesday, October 10, 2023

US Micro Lending Market Thrives with 30% Growth, Innovative Solutions, and Inclusive Access

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The US Micro Lending market is expected to grow at a CAGR of 12 % from 2022 to 2028. The market is driven by growth drivers like low-interest Rates, Unbanked population, Ease of Access, Technological Advancements, flexible repayment schedules, and Alternative credit score models.

STORY OUTLINE

  • During the Covid-19 Pandemic, the US micro-lending market added 45 Mn new borrowers through digital platforms.
  • The number of loan accounts in the US micro-lending market increased significantly by 20% in 2022.
  • 60% of the rural population of America prefers micro-loans due to lower interest rates in the country.

According to Ken Research, America is one of the world’s biggest markets for micro-lending with a significant market value. In America, there are a total of 80 Mn active customers in the micro-lending market which includes 50% of female clients as of 2022. The market generates an investment of $100 Mn on average every month. In 2022, the US micro-lending market has the presence of more than 2200 micro-finance companies.

1. Impact of the Pandemic on the US Micro Lending Market

  • The global pandemic of covid-19 had a moderate impact on the US micro-lending market. However, the micro-lenders faced a few difficulties such as meeting customers in person, difficulties in the collection of payments, and problems in allocating loans.
  • In the year 2021, The US micro-lending market added 45 Mn new borrowers through digital platforms. The US micro-lending market provides micro-loans to around 60% of small and medium-sized enterprises during the economic downfall of the pandemic in 2020.
  • The US micro-finance sector witnessed a sudden increase in demand for micro-loans post-pandemic. In 2022, the market added a new 40% of customers and MFIs (Micro Finance Institutions) expanded their product list by bringing new and innovative products or services.

US MICRO LENDING MARKET

2. Current Scenario of the US Micro Lending Market

  • The US Micro Lending Market is leading the global micro-lending market and is projected to grow at a CAGR of 12% between 2022-2028.
  • The US Micro Lending Market grew by 30% in 2022 in comparison to the previous year.
  • The number of loan accounts in the US micro-lending market increased significantly by 20% in 2022.
  • In 2022, the US micro-lending market created a new record by opening 30 Mn micro-loan accounts.

US Micro Lending Market Trends

3. Growth drivers of the US Micro Lending Market

  • In America around 6 Mn of Individuals don’t have a bank account. Micro-Lending institutions came to the rescue of these individuals by providing them with small credits and monetary services.
  • Other variables influencing the US micro-lending market are lower interest rates and ease of access. 60% of the rural population prefers micro-loans due to lower interest rates in the country. And 30% of the population finds it easy to access through digital platforms compared to traditional banking services.
  • Technological advancements and Alternative credit score models have played a crucial role in cultivating the growth of this industry. Instead of checking credit history MFIs go through the customer’s educational background, social media behavior, and employment history.

US Micro Lending Market share

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 4.Major Players of the US Micro Lending Market

  • funding circle limited, On Deck Capital Inc, American Express Kabbage Inc, Lending Club Bank, Zopa Bank Limited, Biz2Credit Inc., Lendio Inc., Bluevine Capital Inc., Fundera Inc. (NerdWallet), and Street Shares Inc are some of the major players of the US micro-lending market.
  • In 2022, American Express Company announced a suit of financial service products for micro-enterprises. The company has witnessed huge returns of 70% in the last three years.
  • Financing Circle extended its access to capital for Nevada small business proprietors taking after authorization from the state.
  • Additionally, Lendio Inc also introduced a new mobile app to assist small enterprises with features like access, data, and insight into their capital.

Conclusion

The US micro-lending market has shown remarkable growth in recent years. The market witnessed a growth of 30% with 30 million micro-loans accounts in 2022 despite facing global pandemic and restrictions. The market has 80 million dynamic clients including 50% women and the industry receives $100 Mn monthly investment from its huge customer base. The pandemic helped the market to strengthen its digital presence as the market recorded 45 Mn borrowers from online platforms. This also shows how the market is innovating and developing. The micro-finance market of the US served 60% of SMEs during the global crisis and enhance the products post-pandemic. The market is driven by the Unbanked population, lower interest rates, and developed credit models. Market leaders like American Express and Funding Circle are strengthening the market even more by expanding the business globally.

India Hosiery Market expected to grow with CAGR of ~12% by 2028: Ken Research

 Story Outline

  • According to Ken research, the India Hosiery market at a CAGR of ~12% during the forecast period (2023-2028).
  • Factors driving the India Hosiery market are increase in demand for Hosiery clothes in India due to warmer temperature and better comfortability.
  • Trends in India Hosiery market which are exaggerating the market by various key players.
  • Competitive landscape of the India Hosiery market, which are making it, grow higher.

1.  Growth of India Hosiery market is getting higher with ~12% CAGR

India Hosiery market size

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India Hosiery market is on a constant rise during the forecast years. They show a CAGR of ~12% during the forecast years 2022-2028 and will continue to grow exponentially. The basic reason for this growth is the availability of a wide range of products. Therefore, many online sites are giving discounts and sales are soaring high in India.

Demand of basic products like socks, leggings and other clothes is increasing because of better brands and styles and the market is growing due to increase in working population. Innovations are constantly. During the year 2022, the market showed a sudden growth with a CAGR OF 12% in a year. From 2017 to 2022, the market has grown with ~2 %. It got abstain due to Covid but still survived. In Hosiery Market India is becoming more competitive as the HHI index in 2022 was 5321 while in 2017 it was 8132. Herfindahl Index measures the competitiveness of exporting countries.

2.  Which are the driving factors for the growth of India hosiery market?

driving factors for the growth of India hosiery market

Driving factors of India Hosiery market

The major reasons, which are driving the market of Indian Hosiery, are better penetration of online sales. Attraction of youth towards yoga and work out which need hosiery clothes. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery.

Also due to the rise in disposable income and more number of the working population of women, the demand for fashion and luxury items is increasing in the region. Backed by a revival in rural demand, India's hosiery industry is expected to see 18-20 per cent revenue growth this fiscal, reaching ₹36,000 crore, CRISIL Ratings has said. Rise in operating advantage from higher capacity utilisation will aid profitability in the India hosiery market over the years.

3. Trends which are hyping the growth of India Hosiery market

India Hosiery market trends

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Innovations are fuelling the India Hosiery market. Mixing of fabrics to make the cloth more comfortable and having better styling. Major companies are doing mergers and acquisitions in this market.

Innovative clothing such as organic products, anti-bacterial sanitized yarn, non-compression, soft elastic leggings, and long socks to satisfy consumer needs are fuelling the growth of India hosiery market. For the last few years, with the price increase of 250% in cotton fibre in past nine to ten months, the entire textile industry has been tremendously affected and exports fell drastically.

The United Kingdom hosiery brand Elle re-launched a range of footless tights, leggings, above the knee, and shaping in more sizes than before. In India AEPC and FOHMA both were partners in the garment industry’s demand for the establishment of AEPC.

4. Outlook of India Hosiery market is expected to grow higher

India Hosiery market companies

Click to know about outlook of India Hosiery market

The Hosiery Market is fragmented, with various regional and global players, such as Wolford AG, Hanesbrands Inc., Jockey International Inc., Gilfin S.P.A., and CSP International Fashion Group SpA. With the growing penetration of online sales, players have increased their focus on e-commerce sales. Players are also bringing innovations, such as a mix of fabrics, to attract more users. India has a large cotton production, which will fuel the market. The youth is attracted towards physical fitness and buying hosiery clothes for yoga and workout.

This is likely to grow in coming years and thus from 2022-2028, it is expected to grow with a CAGR of ~12-13%. The India hosiery market is showing exceptional growth in exporting the items to neighbouring countries like Bangladesh, Nepal and Sri Lanka.

Hosiery production has grown in Delhi NCR, Ludhiana, and Bangalore during the last 30 years, but there is much more yet to happen. Jaipur, Indore, Pune, Kanpur, Varanasi, Nagpur, Surat, Bhubaneswar, Guwahati, Patna, and Ranchi can also move ahead. Encouraged by the development scheme of PLI in many states and the central government the investors and Industry move forward.

Europe Wheat Protein Market expected to grow with CAGR of ~6% by 2028

 Wheat flour is added as a vital ingredient in convenience food items such as bakery and confectionery products, snacks, and ready-to-eat foods to improve the texture and profile of the food product.  The region's consumption of ready-to-eat food and beverages increased noticeably over the past few years.

STORY OUTLINE

  • According to Ken research, the European Wheat protein market at a CAGR of ~6% during the forecast period (2023-2028).
  • Factors driving the Europe Wheat protein market are rising consumer demand.
  • Challenge like substitutes for wheat protein hinder the growth of Europe protein market growth
  • Outlook of Europe wheat protein market is expected to grow higher due to high consumption and demand arising factors.

1. Growth of European Wheat protein market is getting higher with ~6% CAGR.

Europe Wheat Protien Market Size

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In Europe more than half of cereals grown are wheat, therefore it is the world's largest wheat producer, contributing 139 million metric tons in 2021. This is making the growth of European wheat protein market at a CAGR of 5.87% by 2028.

Due to the growing food & beverages industry and improving economic conditions, consumers in developed and developing European countries are inclining more toward convenience foods, bolstering the market's growth.

According to OECD, Europe's per capita wheat consumption increased from 89.5 kg in 2020 to 90.04 kg in 2021. This increase in consumption is also supported by the rise in the area harvested under wheat.

The area harvested under wheat is 70.1 in 2020 and 71.2 in 2021. Thus, the increasing land under wheat cultivation is pushing production, thereby increasing the per capita consumption of wheat. It leads to the wheat market growth during the forecast period.

2. Which are the driving factors for the growth of Europe Wheat protein market?

Growth driving factors of Europe Wheat Protien Market

Other driving factors of Europe wheat protein market

Growing consumer demand for convenience food products is bolstering the growth of the wheat market in Europe. The rise in urbanization changed consumption patterns and made people tend towards more convenience foods such as bread, confectionary, etc.

Along with this, consumers are interested in nature, convenience, and indulgence, and they are moving away from home consumption, which means less time spent on home food preparation and consumption.

Nutritional advantages are one of the major growing drivers of wheat market in Europe due to increasing lactose intolerant and health – conscious customers.

It is also used in cosmetic and personal care industry. Popularity in muscle building and athletic population is also an important factor, which is used to drive the growth.

3. Challenges faced by Wheat protein market which hinder their growth

Challenges in Europe Wheat Protien Market

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One of the main reasons, which could hinder the growth of the Europe Wheat protein market are the availability of close replacements like plant-based proteins.

In addition, the technological advancements are limited in the sector of wheat protein. Unlike other proteins like Whey etc. which are significantly working in their R&D department.

The other major factors that could risk the market are the health issues arising due to using high protein powders, fluctuations in raw material prices and supply chain interruptions due to pandemic.

Wheat protein also caused gluten related illness and its hindering the market. However, University of Cambridge has issued an article about the facts and misconceptions about gluten as many individuals ignore gluten due to false beliefs like having coeliac disease from gluten consumption.

In Europe, currently, the UK, France, and Russia are the hardest-hit countries by the COVID-19 outbreak. The region is estimated to suffer an economic hit due to the lack of revenue from various industries subjected to disruption in the supply chain.

The disruptions in the supply chain, the shutdown of manufacturing units, and labor shortages had a negative impact on the wheat protein market.

4. Outlook of European protein wheat market is expected to grow higher

Europe Wheat Protien Market Future Outlook

Click to know about outlook of Europe Wheat protein market

Consumers increasingly prefer plant-based proteins such as wheat protein due to the high demands of meat-based protein. Germany is being an attractive market for manufacturers and exporters and it will grow in coming years due to increasing demand.

The key players in the market are ADM, Cargill, and MGP Ingredients. It is expected to grow at a CAGR of ~6% from 2023 to 2028. Two major trends that are shaping the wheat protein market are the scaling demand for clean label products and the emerging shift toward vegan and vegetarian diets. The movement for the clean label has driven the demand for sustainable and straightforward ingredients.

The Future of UK Agricultural Equipment Market: A Path Towards Sustainability and Efficiency

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Projected at a CAGR of around ~3.5% (2022-2027), the UK's Agri equipment market grew during 2014-2018 but contracted sharply in 2019-2020 due to the COVID-19 pandemic.

STORY OUTLINE

  • Precision agriculture tech, like GPS-guided tractors and drones, is set to revolutionize UK farming, enhancing efficiency through informed decisions on planting and irrigation.
  • The UK's net-zero commitment spurs demand for eco-friendly equipment. Electric tractors and soil-friendly machinery address environmental concerns and promote sustainable farming practices.
  • Government incentives for sustainable practices and modern equipment are expected to boost market growth. Subsidies may lead to a 10% rise in equipment sales by 2025.
  • Farmers unite for cost-effective solutions through machinery sharing. Community-driven ownership models not only save expenses but also foster a sense of unity among farmers.
According to Ken Research, As the UK strives to achieve sustainable farming practices and address environmental concerns, the agricultural equipment market will continue to evolve, presenting both opportunities and challenges for farmers, manufacturers, and policymakers alike. Staying informed about these trends will be essential for stakeholders to navigate the evolving landscape successfully.

The United Kingdom's agricultural landscape is evolving rapidly, driven by technological advancements, environmental concerns, and shifting consumer preferences. The agricultural equipment market, a crucial component of this evolution, is witnessing transformative changes that are set to shape the future of farming in the UK. This article explores key trends and statistics that provide insights into the future of the UK agricultural equipment market.

1. Technological Advancements for Precision Agriculture

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Precision agriculture technologies are poised to become integral to the UK farming sector's future. According to recent industry reports, the adoption of precision farming tools is projected to increase by over 20% annually.

These technologies, including GPS-guided tractors, sensor-equipped drones, and data analytics platforms, enable farmers to optimize their operations by making informed decisions about planting, irrigation, and fertilization.

2. Sustainability as a Driving Force
al5"UK agriculture equipment Industry 

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Sustainability is a key driver of change in the agricultural equipment market. The UK government's commitment to achieving net-zero carbon emissions by 2050 has catalyzed efforts to develop eco-friendly farming practices.

Consequently, there is a growing demand for agricultural equipment that reduces environmental impact. Farm machinery manufacturers are investing in the production of electric and hybrid tractors, autonomous machinery, and equipment that minimizes soil compaction and chemical use.

3. Government Initiatives and Policies

Government policies and initiatives are expected to play a pivotal role in shaping the future of the agricultural equipment market. Subsidies and grants that incentivize farmers to adopt sustainable practices and invest in modern machinery are likely to gain prominence.

These policies align with the UK's focus on sustainable agriculture and may significantly impact market growth. Experts project that government support for agricultural technology adoption could lead to an overall 10% increase in equipment sales by 2025.

In Conclusion, the future of the UK agricultural equipment market is undergoing a transformation that is reshaping the way farmers approach their operations. The integration of precision agriculture technologies, emphasis on sustainability, and collaborative ownership models are poised to drive significant changes.