Future Growth of Wine Industry in Western Europe: Ken Research

Ken Research has recently announced its latest publication “Wine Consumption Volume and Growth Forecast to 2021”, which aims at providing in-depth market analysis of wine market of Western Europe.  It provides a top-level overview and detailed insight into the operating environment for the Wine market in West Europe. It is an essential tool for companies active across the Wine value chain and for new players that are considering entering the market. It further aims at providing comprehensive knowledge of the market with key figures on consumption values for the historic period. It provides information that aids in planning future business decisions using forecast figures for the market.

Overview of wine industry of Western Europe
Many Western European nations covered in this report includes countries like Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Netherlands, Norway, Portugal, Republic of Ireland, Spain, Sweden, Switzerland, and United Kingdom. Many of these nations like Austria, Belgium, Finland, France, Germany, Greece, Italy, etc. are also members of euro zone or European Union. Western European nations including France, United Kingdom, etc. are one of the largest and leading economies of the world with huge GDP and stable growth rate. Recently, UK surpassed the growth of France and became the fastest growing and biggest economy of Western Europe. This economic prosperity is also leading to sky rocketing of demand of luxury wines in Western Europe.

In the report, wine is considered as a juice of freshly gathered grapes, vinified according to the customs and traditions of the country of origin. Wine normally contains between 8-20% Alcohol, but lower alcohol content can be found in products such as wine coolers which are Still Light Wine without carbonation or fortification, Wine with carbonation, Champagne and Made Wine. Europe is popular worldwide for its tradition of making premium quality handpicked wines. From Christmas to dinner parties, wine has been an important beverage of European cultural events since centuries.  Homemade supreme quality of wine was extremely admired in European culture in medieval era. Even today, obsession for European luxury wines can be seen worldwide. Major market players in wine making industry of Western Europe include BodegesIrache, Greek Wine, Moncaro, The Wine Cellers, Maggi Francesco, CavadosBoulard, etc. All these major companies are producing finest and superb quality of wines.

Various recent market trends are listed below:

• France and Italy are leading wine producing nations in Western Europe followed by Spain and Germany.
• France has highest per capita consumption of wine. However, recently consumption is falling due to export led policy of government.
• Red wine is the sub-sector with highest demand.
• Per capita consumption of wine is rising across Western Europe. Demand for locally produced fresh wines is highest.
• Both exports of wine from Western Europe and import of wine is increasing.

Key drivers in wine market of Western Europe

This ever increasing demand for wine is because of various factors:

• Strong economic growth

Many economies of Western Europe like UK, France, Germany, etc. are global economic leaders. Rise in GDP and rising growth rates has led to ever increasing demand for wines in Western Europe. There is rise in income of middle class who are prime consumer of wines in Europe.  Thus, consumption of high quality luxury wines is rising laden to expansion of European wine industry.

• New channels of sales and distribution

Unlike earlier times many new channels of wine sales have been introduced including hypermarkets, supermarkets, pubs, café, bars, specialized retailers and wholesalers, etc. which is making wine more accessible and easily available laden to rise in per capita consumption of wine.

• Significance of wine in European culture

Wine has notable importance in European culture since wine toasting is an essential traditional practice to rejoice every prestigious family gathering in Europe. Moreover, fancy and luxury wines are considered as status symbol which is creating huge market for such wines.

Thus key drivers in European wine industry are:

• New channels of sales and distribution
• Significance of wine in European culture’
• Strong economic growth

Future of wine industryIn past few years wine industry has seen a major growth with soaring demand, expanding production and supernormal profits. Though Western Europe has significant demand-led expansion of wine industry but there are many factors which may constraint enlargement of wine industry. Recession in many nations after 2009, rising health awareness and obesity, rising prices of wines, etc. are chief reasons that are restricting expansion of wine industry in Western Europe.

Many eminent economies of the western zone of Europe is falling in trap of recession after 2008. Countries like Spain, Greece, Portugal, etc. are facing serious economic tribulations including high debt to GDP ratio, bankruptcy, high unemployment, bank failure, stock market fiasco, etc. this is a huge threat to the growing wine industry of Europe.

For more coverage click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/wine-consumption/32005-11.html

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Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Urbanization to Gear up China Food and Grocery Retail Sector : Ken Research

The research title “Food and Grocery Retailing in China-Market Summary & Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020. Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2010 to 2020 have been covered.

As urbanization and rising disposable incomes along with a huge population of roughly 1.4 billion, maintains to expand China’s consumer market, the country’s retail grocery market is also evolving. While traditional markets are still present in China, consumers have diminished preference for them as these markets are increasingly facing competition from modern grocery retail formats, such as hypermarkets, supermarkets and convenience stores.

Supermarkets and hypermarkets are the market dominators of some larger cities, and their continued expansion to even smaller cities is expected to further drive competition in the grocery retail sector. Of the various retail channels, hypermarkets are expected to have the most growth potential in the Chinese market followed by the convenience stores due to rising disposable incomes and consumer’s preferences for convenience and modernized lifestyles. These factors are also expected to expand the opportunities for packaged food sales in the Chinese market. Products that address other consumer concerns, such as health and food safety, may be particularly promising. Internet retailing also continues to expand its presence in the market. In-fact, online spend on food and grocery is projected to grow at a CAGR of 34.03% during 2015-20.

Source: National Bureau of Statistics of China

The consistent growth in the GDP per capita is a major factor contributing to the growth of the hypermarkets and convenience stores in China. Convenience stores offer speed of service to time-starved consumers who want to get in and out of the store quickly. These shoppersrecognize this channel of trade for its convenient locations, extended hours of operation, one-stop shopping, variety of merchandise and fast transactions. Despite small operating areas, the product range is still quite broad.

China’s food and grocery retail market is dominated by local players of the country like CRE Ltd, Walmart, RT Mart etc.

Chinese grocery sales are set to grow by a third between now and 2020, according to forecasts from the Institute of Grocery Distribution.

The Chinese grocery market has proved challenging for western supermarket chains, with Tesco failing to make it alone on the mainland despite an ambitious program of building so-called “lifestyle malls”, anchored by Tesco stores. Walmart has struggled with food safety issues in China — a market where foreign brands trade on their reputation for quality, so any safety flaws are particularly bad for brand image.

Key Macroeconomic Trends Expected to Drive Growth of China Food Retail Sector

The food and grocery retailing market in China is forecast to grow at a CAGR of 11.17%, to reach an estimated value of CNY25982 billion in 2020. Modernization of Lifestyles, Urbanization and rapid and consistent increase in the disposable incomes are some of the major factors expected to drive growth of the Chinese Food and Grocery Retail sector. Apart from these, we also have few other factors that can be associated to this growth:

·The Ministry of Commerce of China is encouraging retailers to establish direct procurement bases across China to increase traceability and supply fresh produce to local residents.

· China’s regulatory responses to food safety concerns are many. For example, the “Further Supervision of Baby Milk Formula Quality” policy in June 2013 resulted in many local milk formula manufacturers exiting the market and later applied both antitrust legislation as well as price controls on the industry. The retail sale of unpackaged oils and fats as well as bulk dry fruits and nuts is also now banned in most locations.

· The Ministry of Commerce’s scheme to introduce modern retailing to rural areas since 2006 is designed to provide those residents with high-quality products at competitive prices in clean and tidy shopping environments, in an attempt to move grocery shopping away from wet markets and small, independent outlets.

To know more on coverage, click on the link

https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/food-grocery-retailing/29892-95.html

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Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Skillsoft, Antoree, Coursepad, Epiphany lead the Market Share in Singapore E-Learning Content Market on the Basis of Revenue : Ken Research

Singapore e-learning companies serve the purpose of providing technology and content to various sectors such as corporate, educational institutes, government agencies and privately owned enterprises. In recent years there has been substantial development in Infrastructure, ICT sectors, demographic profile and an increased demand for skilled workers.
Greater focus on skill development and demand for literate workforce has led to an increase in the consumer spending on education in the country. The rising spending trends would encourage schools and universities to spend more on unique learning technologies and course digitization to higher extent.
Entrepreneurial environment in Singapore has provided enormous business opportunities to the e learning sector in Singapore. The rising demand for LMS systems has given an upward thrust to a number of companies which have set up business in the organized and unorganized segment of the e-learning market in the country.
The rising number of companies providing e-learning has made the competition severe and only a few companies would be able to survive the stringent competition prevailing in the market. Wizlearn Technologies has developed vast Learning Management system which has over 100 e-learning and administrative tools that allow for customization according to the user needs. The content market not only covers the content selling companies but also covers the private institutions and universities that provide Massive Online Open Courses (MOOC’s)
The corporate training and K-12 segment give higher weightage to the symmetry of content provided to the trainees, hence act a as a major demand source for these products. The penetration of digital education in Singapore has increased at a rapid pace in government and private schools, pre-nursery schools, school labs, colleges and universities, in the last few years as the ICT master plans in education have progressed.
Gamification in e-learning enables learners to rehearse real-life scenarios and challenges in a safe environment. In the field of online education, Gamification is used to promote the commitment of employees and students to the learning process
Corporate eLearning is growing on not only because the devices are everywhere, but because companies struggle with their Learning and Development budgets. Companies understand that continuous learning is a must for enhancing workforce productivity. But bringing in live trainers is expensive and similarly sending people out to be trained is expensive too.
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/education-and-recruitment/education/singapore-elearning-market-statistics/43946-99.html
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Environment Friendly Farming building Sustainable Agricultural Equipment Market Forecast: Ken Research

Green revolution in India was basically initiated through success of high yield variety seeds, pesticides, insecticides, etc. which not only degraded environment quality in India but also damaged the quality of food supplied. This led to rising hostility against such farming methods laden to huge demand for organically produced farm outputs supporting positive growth of Agricultural Implants Market. Organic farming basically refers to those farming practices where agricultural output is produced without any use of chemicals like fertilizers, pesticides, etc. This sort of farming not only produced cleaner crop yield but also played a significant role in making farming equipment greener. This rising practice of organic farming is impacting agricultural equipment industry significantly. Every day new sorts of environment friendly equipment are introduced to cater the demand. 

In order to fulfill escalating demand for environment friendly farm machinery various new products are launched every year to promote mechanization of agriculture without damaging environment. Demand for machinery that works with use of renewable energy is increasing. Solar power fence installation is becoming extremely popular which helps farmers to produce solar electricity by themselves. This system is also known as photovoltaic system. Solar powered tractor is also receiving superb appreciation amongst farmers of India. Such tractors use solar energy as its fuel and work efficiently without providing any damage to the environment. Further, farms are making greater use of solar pumps, threshers, harvesters, etc. in their farms. Further, since organic farming completely restricts from using chemicals and pesticides on land, demand for chemical and DDT free pesticides and insecticides is increasing in India. Water conservation is one of the utmost goal of eco-friendly farming and for this reason recycling of water is becoming a fad amongst farmers. Thus, for this purpose higher use of efficient irrigation equipment is practiced. Further, recycling runoff machineries are greater higher admiration. Better tillers are demanded in order to conserve soil and prevent any sort of soil erosion. Machinery with low pollutant emissions is becoming extremely popular amongst farmers.

Challenges to environment friendly farming

Though green farming is quite in vogue these days, there are many challenges in the industry that must eliminated to provide massive boost to sustainable agricultural equipment industry. Many a times these agricultural equipment are quite expensive and hence farmers shun from using such machinery and rather focus on cheaper substitutes. Further, restrictive promotion of such equipment by the government and lack of education amongst farmers is making sale of such machinery quite restrictive.

Thus, opportunities for environment friendly farm equipment is quite vast and is expected to rise massively in future. Government policies are working to promote both mechanization and sustainability in agriculture laden to sky high demand for environment friendly and modern agricultural equipment in India.

For more information on the Publication, refer to below Link:

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/SC-104-19.html

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

Rising Household Expenditure on Education and Demand for Innovative Learning Technologies from Corporate Sector will Propel E-Learning Demand in Singapore: Ken Research

Ken Research announced its latest publication on “Singapore E-learning Market Forecast to 2020- Increasing Learning Technologies in Corporate Sector to Drive Future Growth” which provides a comprehensive analysis of the E-learning companies in Singapore. The report covers aspects such as overall E-learning market, segmentation of overall market by Content/Technology sector, by end users, and by type of technology services. The publication extensively details about competitive landscape of key players operating in the market with their detailed company profile. Business model followed by leading manufacturers is also explained in detail. Leading content and technology companies are also covered in the report with their company profiles including information about USP, business model, number of employees, and course pricing. The future analysis of overall e-learning market in Singapore has been discussed along with recommendations from analyst view.

The lower cost of LMS per pupil to around USD 5-15 per pupil per month would prove to be vital for the content industry as a cheaper platform would raise demand for the content. Due to lack of renowned universities in home countries, students are engaging in self- paced digital education courses from reputed universities in Singapore, which in turn is likely to fuel demand for content services from various companies.

Mobile learning, or M-Learning for short, will be the dominant mode of eLearning content consumption. This trend will only accelerate as smart phones get more powerful, 4G (and 5G) connections get more accessible and widespread, and tablets turn into a hybrid tablet/PC fusion that’s good enough for people to use as their main computer.

The household expenditure on education tends to have a positive impact on the E-learning market in Singapore. As the household expenditure on education rises, the schools and universities get more money to use digital practices. Thus there is a positive correlation between the two parameters. The household expenditure on education has increased considerably in these years. The expenditure on education in the future is estimated to grow at a CAGR of 4%.

“In order to penetrate into the Singapore E-learning market, the E-learning companies need to focus on effective marketing strategies. The companies could provide free mock exams, option to renew existing packages at discounted prices and also complimentary discounts on related courses. Additionally, the infomercials in trade journals and webinars could also help the companies in generating brand awareness among the people. Quality certifications will also prove beneficial for attracting more number of clients, according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

·         The market size of Singapore E-learning market size

o   By Revenues

·         Market segmentation of Singapore E-learning market on the basis of revenue

o   By Content and Technology

o   By Education level

·         The market size of E-learning Content/Technology Market

o   By Revenues

·         SWOT Analysis of Singapore E-learning Market

·         Trends and Developments Singapore E-learning Market

·         Competitive landscape and detailed company profiles of the major market players

·         Future outlook and projections of Singapore E-learning Market

·         Analyst Recommendations

·         Macro-economic Factors Impacting Singapore E-learning Market

Key Products Mentioned in the Report

·         Open Courseware

·         Multimedia

·         Online Tests

·         MOOC’s

·         E-Books

·         M-learning

·         Gamification

·         LMS

·         Smart Classes

Content Companies Covered in the Report

·         Skillsoft

·         Gnowbe

·         Epiphany

·         Antoree

·         Coursepad

·         Skillslagoon

·         Inchone

·         Edugrate

·         Kydon Learning

·         Three Learning

·         Teamie

To know more on coverage, click on the link below:

https://www.kenresearch.com/education-and-recruitment/education/singapore-elearning-market-statistics/43946-99.html

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Indonesia Digital Education and E-Learning Market Outlook to 2018 - Rising Trend of Blended Learning to Drive the Future Growth

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India E-learning Market Outlook to FY 2018 - Increasing Technology Adoption to Drive Future Growth

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