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f1 · 2 years ago

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F1 Arcade set to open first United States venue at Boston Seaport

F1 Arcade, the world’s first official F1 simulator racing and social experience, has announced that it will open a new venue in the United States – at Boston Seaport – in early 2024. Following a successful start to life for the flagship London location, which has welcomed more than 8,000 fans since opening late last year, Boston Seaport will be first to bring the concept – which combines best-in-class food and drinks offerings with cutting-edge sim racing equipment – across the Atlantic. READ MORE: F1 Arcade venue offering fans the ultimate racing-themed experience set to open in London It is set to be the first of many venues in the US, as part of a plan to establish more than 20 permanent locations in America over the next five years. The Boston space boasts an enormous feature cocktail bar, several F1 circuit-inspired ceiling chandeliers and race telemetry wall neons, along with a set of high-end private rooms which can be combined to accommodate up to 200 guests. This feature is currently not available because you need to provide consent to functional cookies. Please update your cookie preferences F1 Arcade: Racing for all Multi-award-winning mixologist Peter Vestinos will deliver a carefully crafted drinks menu featuring Champagne cocktails, local craft beers and an imaginative non-alcoholic category. And the globally inspired food menu will be developed by an accomplished chef team, focused on using fresh, local ingredients from a scratch kitchen with refined hero dishes such as Seabass Ceviche and Wagyu Beef Burgers. More than 60 simulators have been designed especially for the F1 Arcade venue, each equipped with motion and audio-visual effects to fully immerse guests in the sim racing world. SAY WHAT?! Alonso watches some TV and Russell has hidden talents in the best team radio from Miami Motorsport Games’ RFactor2 racing simulation platform allows guests to choose from a variety of racing modes and compete against each other individually, in teams, or as part of all-venue racing formats, while different modes are available for all ages and abilities. “Formula 1 is enjoying significant growth globally, and we are constantly innovating to ensure that we are bringing the highest quality of sport and entertainment to new and diverse audiences,” said Stefano Domenicali, President and CEO of Formula 1. The London venue has already welcomed more than 8,000 guests “F1 Arcade does exactly this by putting our fans behind the wheel of bespoke racing simulators, so they can feel the thrill of an F1 car first hand, coupled with a premium hospitality offering to match our world-renowned paddock. “The success of the London venue so far has been incredible, and we are excited to see the F1 Arcade project continue to grow as it hits the US, starting in Boston.” F1 NATION: All the chat and analysis from the Hard Rock Stadium paddock – it’s our Miami GP review Adam Breeden, Founder and Chief Executive Officer of F1 Arcade, added: "Opening our first US location in Boston marks the beginning of our US roll out. “Formula 1’s success globally and particularly in the US paves the way for F1 Arcade to continue to thrill fans and importantly, also non-fans with our unique racing experience in a beautiful, high-energy environment with the very best hospitality and service.” via Formula 1 News https://www.formula1.com

#F1 #F1 Arcade set to open first United States venue at Boston Seaport #Formula 1

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quellaworld-blog · 1 day ago

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Global 2G, 3G, 4G & 5G Wireless Network Infrastructure Market Competition is Fierce, Ericsson Holding a share of 26.39% in 2024

According to Global Market Monitor, the global 2G, 3G, 4G & 5G wireless network infrastructure market size will be $63.79 billion in 2024 with a CAGR of 7.23% from 2024 to 2029.

When users connect to the internet, the speed of the internet depends upon the signal strength that has been shown in alphabets like 2G, 3G, 4G, and 5G, right next to the signal bar on the home screen. Each Generation is defined as a set of telephone network standards, which detail the technological implementation of a particular mobile phone system. The speed increases and the technology used to achieve that speed also changes. For instance, 1G offers 2.4 kbps, 2G offers 64 Kbps and is based on GSM, 3G offers 144 kbps-2 Mbps whereas 4G offers 100 Mbps - 1 Gbps and is based on LTE technology.

With the advancement of technology, each generation of network from 2G to 5G has brought significant performance improvements. 5G networks promise lower latency, ultra-fast connections and the ability to support millions of devices per square kilometer, which will be critical for future innovations such as self-driving cars and industrial automation.

Market Drivers

Wireless technology is experiencing tremendous growth due to the introduction of technologically advanced solutions worldwide. The rapid expansion of mobile network coverage has covered remote areas. Due to increasing competition in the industry, the increased demand for wireless technology has led to lower data usage charges. The continuous growth of network traffic, deployment of infrastructure, and growing demand for wireless connectivity due to numerous advantages are driving the growth of the market. The growing demand for 5G services and advanced high-speed Internet connectivity is driving the market growth.

The latest trends in 4G, 5G, and beyond include densification and coverage extension approaches, spectrum trends, network customization and intelligence, virtualization, and cloud. These trends provide service providers with more opportunities for network customization, network deployment, and network optimization.

Market Restraints Analysis

Radiofrequency (RF) radiation, which includes radio waves and microwaves, is at the low-energy end of the electromagnetic spectrum. It is a type of non-ionizing radiation. If RF radiation is absorbed by the body in large enough amounts, it can produce heat. This can lead to burns and body tissue damage. Although RF radiation is not thought to cause cancer by damaging the DNA in cells the way ionizing radiation does, there has been concern that in some circumstances, some forms of non-ionizing radiation might still have other effects on cells that might somehow result in cancer. Most people are exposed to much lower levels of man-made RF radiation every day due to the presence of RF signals all around us. They come from radio and television broadcasts, WiFi and Bluetooth devices, cell phones (and cell phone towers), and other sources. Cell phones and cell phone towers (base stations) use RF radiation to transmit and receive signals. Some concerns have been raised that these signals might increase the risk of cancer.

Issues related to radiofrequency have discouraged some people from 2G, 3G, 4G, and 5G wireless network infrastructure, which is not conducive to the sustainable development of the industry.

Most Up-To-Date Market Figures, Statistics & Data - Order Now (Delivered In 48-72 Hours)

Market Competition

With major suppliers in the 2G, 3G, 4G & 5G wireless network infrastructure industry competing globally, the intensity of competition within the 2G, 3G, 4G & 5G wireless network infrastructure industry has increased. The vendors adopt strategies like price premiums to stay competitive in the market. Meanwhile, the local vendors in developing nations are providing tough competition to the global players based on product pricing. The fierce competition is not conducive to the sustainable development of the industry. At the same time, small companies enter the business consequently as venturing into a 2G, 3 G, 4G & 5G wireless network infrastructure business does not require immense capital or investment. However, this leads to the proliferation of sub-standard or duplicate services which then hampers the competitive scenario in the market as established 2G, 3G, 4G & 5G wireless network infrastructure manufacturers are compelled to lower the price, which ultimately impacts their profit margins and sales volumes.

Ericsson is one of the major players operating in the 2G, 3G, 4G & 5G Wireless Network Infrastructure market, holding a share of 26.39% in 2024. Ericsson Inc. operates as a provider of telecommunications equipment and related services. The Company offers its products and services to mobile and fixed network operators, as well as provides communications networks, telecom services, and multimedia solutions. Ericsson operates globally.

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communicationblogs · 30 days ago

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Steel Market — Forecast(2024–2030)

Steel Market — Overview

Steel Market Report Coverage

For More

The report: “Steel Industry — Forecast (2024–2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Steel Market Report.

By Type: Carbon Steel, (Low Carbon Steel, Medium Carbon Steel, High Carbon Steel), Stainless Steel (Austenitic Stainless Steels, Ferritic Stainless Steels, Martensitic Stainless Steels, Precipitation Hardening Grade Stainless Steels, Duplex Stainless Steels), Alloy Steel (Chromium Molybdenum Steel, Nickel-Chromium-Molybdenum Steel, Chromium Vanadium Steel, HSLA -Nickel-Chromium-Molybdenum Steel), Tool Steel (Water-hardening tool steels, Shock-resisting tool steels, Cold-work tool steels, Hot-work steels, High-speed tool steels, Others), Others

By Form: Bar, Rod, Tube, Pipe, Plate, Sheet, Structural, Others

By Application: Transportation (Road, Bridges, Barriers, Rail, Tracks, Rail Cars), Construction (Cool Metal (infrared reflecting) Roofing, Purlins, Beams, Pipe, Recyclable steel framing (studs), Desks/Furniture), Packaging (Canes, Bottles, Others), Water Projects (Levees/Dams/Locks), Energy (Renewable, Nuclear, Bio-fuels, Fossil, Electric Grid), Others

By Industry: Construction (Steel Skeletons, Concrete Walls, Pillars, Nails, Bolts, Screws, Others), Machinery (Bulldozers, Backhoe Leaders, Pipelayers, Others), Automotive and Transportation (Exhaust, Trim/Decorative, Engine, Chassis, Fasteners, Tubing For Fuel Lines), Kitchenware and Domestic Appliances (Small Household Appliances, Black Home Appliances, White Home Appliances), Electrical and Electronics (Motor Mount Brackets, Adapter Plates, Electronic Frames and Chassis, Brackets, Others), Healthcare (Orthopaedic Implants, Artificial Heart Valves, Bone Fixation, Catheters, Others), Energy (Scrubbers, Heat Exchangers, Others)

By Region: North America, South America, Europe, Asia-Pacific and Rest of the World

Inquiry Before Buying

Key Takeaways

• The Asia-Pacific region, particularly China, has been a dominant force in the global steel market with a share of 63% in 2023, owing to China’s rapid industrialization and urbanization have driven substantial demand for steel in the construction, infrastructure, and manufacturing sectors.

• Government infrastructure spending, particularly in major economies, plays a significant role in driving steel demand. Large-scale infrastructure projects, such as bridges, railways, and urban development initiatives, can create substantial demand for steel products.

For More Details on This Report — Request for Sample

Steel Market Segment Analysis — By Type

In terms of type, the Steel Market is segmented into carbon steel, stainless steel, alloy steel, tool steel and others. In 2023, the Stainless-steel segment generated the greatest revenue of $361.94 billion and is projected to reach a revenue of $482.28 billion by 2030. Owing to the various benefits posed by stainless steel such as corrosion resistance, high and low temperature resistance, the ease of fabrication, strength, aesthetic appeal is one of the key factors for its adoption among various end-use industries, which in turn is boosting its market growth. The stainless-steel segment can be further classified as Austenitic stainless steels, Ferritic stainless steels, Martensitic stainless steels, Precipitation hardening grade stainless steel and Duplex stainless steels.

Steel Market Segment Analysis — By Form

By form, the steel market is segmented into bar, rod, tube, pipe, plate, sheet, structural and others. The bar segment accounted for the major market share in 2023, with a revenue of $554.58 billion, and is forecast to grow at a CAGR of 4.68% by 2030. The increasing demand for steel bar from various end-user industries such as building and construction, bridges, and many others, are driving the growth of the segment during the forecast period of 2024–2030.

Steel Market Segment Analysis — By Application

Steel Market is segmented by its application that includes transportation, construction, packaging, water projects, energy and others. The energy segment held the dominant market share, 31% of the whole market, in 2023, and is expected to maintain its dominance by 2030 with a CAGR of 4.69%. One of the major factors for the segment growth is the increasing awareness and focus towards renewable energy sources. Steel plays a crucial role in producing and distributing energy as well as improving energy efficiency. Renewable energy is further classified as Wind Towers and Foundation, Wind Turbines and Solar Parabolic Mirror Supports & Collectors.

Steel Market Segment Analysis — By Industry

The Steel finds its application across the industries such as construction, machinery, automotive and transportation, kitchenware and domestic appliance, electrical and electronics, healthcare, energy and others. Among them, the construction segment is the largest consumer of steel, as bearable structures can be manufactured easily at a low cost. The property of steel in its various forms and alloys makes it more flexible to cater the exclusive projects integrated with infrastructure. Moreover, the rapid industrialization and urbanization in various developing countries are fueling the segment growth in strengthening its dominant market position during the forecast period.

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Steel Market Segment Analysis — By Geography/Country

The report comprises of the region wise study of the global market including North America, South America, Europe, Asia-Pacific and Rest of the World. Above all, Asia-Pacific region held the biggest share in 2023, up to 63% of the whole steel market owing to the rapidly expanding defense, machinery, automotive, and shipbuilding industries in the countries such as India, China, South Korea, and Japan. Foreign direct investment in energy and infrastructure is likely to provide opportunities for the market vendors. Coupled with favorable government regulations, growing infrastructure and construction activities in developing economies of the Asia-Pacific region are boosting the demand for the market.

Steel Market — Drivers

Growing Demand for Steel Across the Various Regions

Several factors have a significant impact on the overall development of the steel market. The major growth factor driving the Steel Market is the growing demand for steel across a variety of developing regions. For instance, Global crude steel production in January-November 2023 reached 1715.12 million metric tons, marking a marginal 0.5% year-on-year growth, per provisional data from the World Steel Association. November 2023 saw a production of 145.5 million metric tons, up by 3.3% from the previous year. China led the production with 952.14 million metric tons, followed by India and Japan, USA, Russia, South Korea, and Germany.

Construction and Infrastructure Development:

Construction activities, including residential, commercial, and infrastructure projects such as roads, bridges, and railways, are major drivers of steel demand. Urbanization and industrialization also contribute to the growth of the construction sector, thereby increasing the demand for steel products. For instance, as per Green Finance & Development Center, China Belt and Road Initiative (BRI) Investment Report 2023, engagement totalled about USD88.3 billion, with USD44.6 billion from investment and USD43.7 billion from construction contracts. Also, The US Department of Transportation allocates $3.2 billion in extra funding, alongside $4.3 billion from the Bipartisan Infrastructure Law for 2023. The Budget prioritizes $4.5 billion for the Capital Investment Grant program, aiming to bolster transit infrastructure for economic growth. As a result, the steel market is anticipated to thrive, propelled by heightened construction activities and the need for durable materials, reflecting a promising outlook for the industry.

Steel Market -Challenges

Environmental Regulations and Sustainability

The steel industry is facing mounting pressure to tackle environmental issues by cutting carbon emissions and enhancing sustainability efforts. Meeting stringent environmental regulations demands substantial investments in technology and infrastructure, presenting a formidable challenge for many companies. Despite the financial hurdles, embracing these changes can pave the way for a more sustainable and eco-friendly future for the industry.

Steel Market — Competitive Landscape

The companies referred in the study include Baosteel Co., Ltd., Posco Holding Inc, Nippon Steel Corporation, JFE Holdings, Tata Steel Limited, United States Steel Corporation, Anshan Iron and Steel Group Corporation, Hyundai Steel Co., Ltd., ThyssenKrupp AG, ArcelorMittal S.A., among others. Technology launches, acquisitions, and R&D activities are key strategies adopted by the key players in the Steel Market.

Steel Market — Recent Developments

November 2022, Tata Steel launched the fourth edition of MaterialNEXT, focusing on ‘Materials to Wonder.’ This open innovation event aims to gather ideas on emerging materials and their applications. The program spans five months across Idea Selection, Development, and Evaluation stages, fostering collaboration among scientists, researchers, and startups.

May 2022, Kobe Steel introduced “Kobenable Steel,” Japan’s pioneering low CO2 blast furnace steel, aiming to curtail emissions during ironmaking. Utilizing innovative CO2 Reduction Solution technology, it plans to roll out the product this fiscal year, marking a milestone in sustainable steel production.

In June 2023, Nippon Steel introduces ZEXEED™ Checkered Sheet, a new addition to its high corrosion resistant coated steel series

#marketing #digital marketing #research #reseach marketing #chemicals #steelers

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industrynewsupdates · 1 month ago

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Protein Ingredients Market Recent Trends and Growth Analysis Report, 2030

The global protein ingredients market size is expected to reach USD 122.17 billion by 2030, registering a CAGR of 5.8% according to a new report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Detailed Segmentation:

Product Insights

Based on product type, the animal/dairy protein segment is projected to account for a revenue share of 78.94% in 2022. The animal protein segment in the market is primarily driven by the demand for high-quality protein from various sectors such as food and beverage, animal feed, and personal care industries. Animal protein is considered a complete protein source as it contains all the essential amino acids required by the human body, making it a popular choice among consumers looking to maintain a healthy lifestyle.

Application Insights

Based on application, the food & beverage segment dominated the market with a revenue share of 39.21% in 2022 and is expected to retain its dominance during the forecast period. Whey protein ingredients are an economical source of protein and are therefore extensively used in the bakery and confectionery industry. Furthermore, advancements in process design and technology have improved the quality of whey products that are highly refined, including demineralized whey, WPIs, and WPCs. The advancements have resulted in the increased incorporation of protein ingredients in various functional food products to make them nutrient-rich.

Regional Insights

North America dominated the market and accounted for more than 33.56% share of the global revenue in 2022. The growing demand for protein ingredients is a result of the increasing consumption of snacks, cold cereals, and energy bars. The introduction of new products, such as Enfamil Human Milk Fortifier Liquid High Protein, by companies including Mead Johnson and Cargill, Inc. to cater to the consumer needs for cholesterol-free and low saturated fat beverages is expected to augment the product demand further.

Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.

• The global fermented ingredients market size was valued at USD 35.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2030.

• The global milk protein market size was estimated at USD 6.63 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030.

Key Companies & Market Share Insights

The protein ingredients market is fragmented and is expected to witness moderate to high competition among the companies owing to the presence of numerous players. The changing consumer preferences towards functional foods and sports nutrition products are projected to push manufacturers to incorporate protein ingredients from sources such as dairy, soy, pea, eggs, and insects.

Some prominent players in the global protein ingredients market include:

• DuPont

• Rousselot

• ADM

• Burcon

• Tessenderlo Group

• Kewpie Corporation

• Roquette Freres

• The Scoular Company

• CHS, Inc.

• Mead Johnson & Company, LLC

• CropEnergies AG

• Fonterra Co-Operative Group

• Bunge Limited

• Cargill, Incorporated

• MGP

• Ingredion

• Kerry Inc.

• Givaudan

• Axiom Foods

• Tate & Lyle

• Puris

Protein Ingredients Market Segmentation

Grand View Research has segmented the protein ingredients market based on product, application, and region:

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Plant Proteins

o Cereals

o Wheat

o Wheat Protein Concentrates

o Wheat Protein Isolates

o Textured Wheat Protein

o Hydrolyzed Wheat Protein

o HMEC/HMMA Wheat Protein

o Rice

o Rice Protein Isolates

o Rice Protein Concentrates

o Hydrolyzed Rice Protein

o Others

o Oats

o Oat Protein Concentrates

o Oat Protein Isolates

o Hydrolyzed Oat Protein

o Others

o Legumes

o Soy

o Soy Protein Concentrates

o Soy Protein Isolates

o Textured Soy Protein

o Hydrolyzed Soy Protein

o HMEC/HMMA Soy Protein

o Pea

o Pea Protein Concentrates

o Pea Protein Isolates

o Textured Pea Protein

o Hydrolyzed Pea Protein

o HMEC/HMMA Pea Protein

o Lupine

o Chickpea

o Others

o Roots

o Potato

o Potato Protein Concentrate

o Potato Protein Isolate

o Maca

o Others

o Ancient Grains

o Ancient Wheat

o Quinoa

o Sorghum

o Amaranth

o Chia

o Millet

o Others

o Nuts & Seeds

o Canola

o Canola Protein Isolates

o Hydrolyzed Canola Protein

o Others

o Almond

o Flaxseeds

o Others

o Animal/Dairy Proteins

o Egg Protein

o Milk Protein Concentrates/Isolates

o Whey Protein Concentrates

o Whey Protein Hydrolysates

o Whey Protein Isolates

o Gelatin

o Casein/Caseinates

o Collagen Peptides

o Microbe-based Protein

o Algae

o Bacteria

o Yeast

o Fungi

o Insect Protein

o Coleoptera

o Lepidoptera

o Hymenoptera

o Orthoptera

o Hemiptera

o Diptera

o Others

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

Recent Developments

• At Vitafoods held in April 2023, Darling Ingredients’ health brand Rousselot showcased its collagen peptides solution PEPTAN® for holistic well-being benefits. The premium protein-based ingredient provides multiple science-backed health benefits with nifty formulation properties.

• In June 2023, Roquette unveiled the new food innovation center, in Lestrem, France. This center will include a sensory analysis laboratory, a demonstration kitchen, and collaborative labs for pilot-scale testing of various plant-based ingredients.

• In May 2023, Burcon NutraScience Corporation, a global manufacturer of plant-based proteins for the F&B industry, announced its strategic initiative called Burcon 2.0. The Burcon 2.0 strategy will offer pilot-scale plant protein processing as a service.

• In April 2023, Burcon announced its plans to acquire Merit Functional Foods (Merit). Earlier in January 2023, Burcon was granted a patent for pea protein, which protected and maintained its pea protein licensee, Merit, with marketplace differentiation.

• In February 2023, Roquette entered a collaborative project with Eurial, Agri Obtentions, Greencell, the Université Lumière Lyon 2, and INRAE to develop AlinOVeg, which French plant-based (fava bean and peas) protein extraction and product development. Furthermore, in January 2023 Roquette invested in DAIZ Inc. to develop disruptive solutions in the healthy plant protein foods sector.

• In January 2022, Rousselot announced the expansion of its porcine collagen production capacity at the Ghent facility.

#Protein Ingredients Market #Protein Ingredients Market size #Protein Ingredients Market share #Protein Ingredients Market analysis #Protein Ingredients Industry

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priyanshisingh · 1 month ago

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Acai Berry Market Forecast and Analysis Report (2023-2032)

The acai berry market is projected to grow significantly, increasing from USD 989.5 million in 2024 to USD 2,234.72 million by 2032, at a compound annual growth rate (CAGR) of 10.72%.

Acai berry, a small, dark purple fruit native to the Amazon rainforest, has gained popularity worldwide due to its high nutritional value and potential health benefits. Often referred to as a “superfood,” acai berries are packed with antioxidants, particularly anthocyanins, which help combat free radicals and reduce oxidative stress in the body. They are also a good source of fiber, healthy fats, vitamins, and minerals, which support heart health, aid digestion, and promote overall wellness. Acai is commonly found in smoothie bowls, juices, supplements, and freeze-dried powders, offering a versatile way to incorporate its benefits into daily diets. Additionally, acai is believed to boost energy levels, improve cognitive function, and support healthy skin. Due to its delicate nature, acai is usually harvested, processed, and frozen shortly after picking to preserve its nutrients, making it widely available in frozen, powder, or extract form. As a result, the acai berry has become a staple ingredient in health and wellness products, prized for its rich taste and nutritional properties.

Here are key findings from studies on the acai berry market:

Rising Demand for Superfoods: Acai berry’s reputation as a superfood has significantly boosted its popularity, with consumers increasingly seeking nutrient-dense foods that offer health benefits. The berry’s high antioxidant content, along with vitamins and minerals, makes it appealing for health-conscious consumers worldwide.

Growth in Functional Food and Beverage Sector: Acai is widely used in functional foods and beverages, including smoothie bowls, juices, energy bars, and dietary supplements. The expanding functional food market, driven by consumer interest in wellness, is contributing to the growth of the acai berry market.

Increasing Popularity in the Beauty and Personal Care Industry: Acai berry is also being incorporated into skincare and cosmetic products due to its high antioxidant properties, which are believed to promote healthy skin. Many brands are now using acai extracts in anti-aging creams, serums, and hair care products, catering to the growing demand for natural and plant-based beauty products.

High Demand for Organic and Natural Products: Consumers are increasingly interested in organic and naturally-sourced ingredients. Organic acai products, free from pesticides and synthetic additives, are particularly popular in markets like North America and Europe, where the demand for clean-label and organic foods is rising.

Expansion in Emerging Markets: The acai berry market is seeing growth in emerging markets, such as Asia-Pacific and Latin America, where consumer awareness of superfoods and healthy lifestyle choices is increasing. Growing disposable income and urbanization in these regions further support the market's expansion.

Convenience and Versatility in Product Forms: Acai is available in a variety of forms, including frozen pulp, powder, capsules, and extracts, making it versatile and convenient for consumers. This flexibility allows for use in different applications, from smoothies and desserts to dietary supplements, catering to a wide range of preferences.

Rise of Vegan and Plant-Based Diets: The popularity of vegan and plant-based diets has led to increased consumption of nutrient-rich, plant-based ingredients like acai. The berry is a popular ingredient among vegan consumers seeking non-dairy superfoods that add flavor and nutritional value to plant-based meals.

Sustainability and Ethical Sourcing Concerns: There is a growing emphasis on sustainability in the acai market, as consumers become more aware of environmental and ethical sourcing issues. Companies that prioritize fair-trade practices and sustainable harvesting methods for acai berries appeal to eco-conscious consumers.

Challenges in Supply Chain and Preservation: Acai berries are highly perishable and must be processed quickly after harvest, which can present challenges in terms of transportation, storage, and preservation. These logistical considerations affect availability and pricing, especially in regions far from the Amazon.

Increased Investment in Research and Development: Companies are investing in R&D to explore new applications and formulations for acai berries. This includes developing new functional products, extending shelf life, and enhancing the nutritional benefits, helping drive innovation in the market.

Growing Consumer Interest in Weight Management and Detoxification: Acai is often marketed for its potential weight management and detoxifying properties. This appeals to consumers focused on health and fitness goals, as acai is believed to support metabolism, improve energy levels, and aid in overall wellness.

Key Player Analysis

Nativo Acai

Jamba Juice Inc.

Acai Roots, Inc.

Sunfood

Acai Exotic LLC

Sambazon, Inc.

Naked Juice Company

Acai Frooty

Phyto Nutraceutical’s

The Coca-Cola Company

More About Report- https://www.credenceresearch.com/report/acai-berry-market

The acai berry market is influenced by several trending factors, driven by consumer preferences for health, sustainability, and convenience. Here are some key trends shaping the market:

1. Increased Demand for Health and Wellness Products

Acai berries are known for their high antioxidant content and numerous health benefits, which has made them popular in the health and wellness sector. Consumers are increasingly seeking nutrient-dense foods that support immunity, energy, and overall wellness, fueling demand for acai-based products.

2. Growth of Plant-Based and Vegan Diets

As more consumers shift towards plant-based diets, acai berries have become a popular ingredient due to their nutritional value and versatility. They are commonly used in vegan recipes, smoothie bowls, and as dairy-free bases, appealing to those looking for natural, plant-based superfoods.

3. Expansion of the Functional Foods and Beverages Market

Acai is being widely incorporated into functional foods and beverages, such as juices, smoothies, energy bars, and supplements. This trend aligns with consumer demand for products that offer specific health benefits, including energy boosts, enhanced cognitive function, and skin health.

4. Demand for Organic and Clean Label Products

Consumers are increasingly interested in organic and minimally processed foods. The acai berry market is responding by offering organic-certified products, which appeal to health-conscious and eco-aware consumers looking for clean-label and non-GMO options.

5. Sustainability and Ethical Sourcing

There is a growing focus on sustainability in the acai industry, as consumers seek ethically sourced and environmentally responsible products. Brands that prioritize fair-trade practices, sustainable harvesting, and eco-friendly packaging resonate with eco-conscious buyers and promote sustainable agricultural practices in the Amazon rainforest.

6. Increased Popularity in Beauty and Personal Care Products

Acai berries are gaining traction in the beauty and personal care industry due to their antioxidant and anti-aging properties. Acai extracts are increasingly used in skincare products, such as moisturizers, serums, and masks, as well as in hair care products to promote healthy skin and hair.

7. Convenient and Versatile Product Forms

Acai is available in various forms, including frozen pulp, powder, capsules, and concentrated extracts. These different formats allow consumers to easily incorporate acai into their diets, whether for smoothies, baking, supplements, or cooking, which boosts its appeal as a versatile superfood.

8. Social Media and Influencer Marketing

The popularity of acai bowls and smoothie recipes on social media platforms like Instagram, TikTok, and Pinterest has played a significant role in raising awareness and driving demand for acai berries. Influencers and health-conscious consumers sharing recipes and lifestyle content continue to promote acai as a staple in wellness routines.

9. Emphasis on Weight Management and Detox Products

Acai berries are often associated with weight management, metabolism support, and detoxification, making them a popular ingredient in products marketed for health and fitness. Consumers seeking natural supplements and foods for weight control and body cleansing are drawn to acai-based products.

10. Innovations in Product Development

The acai berry market is seeing new product innovations, such as acai-infused snacks, ready-to-eat bowls, and beverages that combine acai with other superfoods. Companies are also exploring new formulations, like acai-based protein powders and acai-infused teas, to diversify product offerings and meet various dietary preferences.

11. Expansion into Emerging Markets

Acai berries are becoming more popular in regions beyond North America and Europe, particularly in Asia-Pacific and Latin America, where awareness of superfoods is growing. With rising disposable incomes and increased interest in health foods, these emerging markets offer significant growth opportunities for the acai industry.

12. Clean Energy and Performance Products

Acai is being marketed as a natural energy booster, often included in pre-workout drinks, energy bars, and supplements aimed at fitness enthusiasts. Its high levels of fiber and healthy fats make it appealing to those looking for sustainable energy sources to fuel workouts and maintain endurance.

Segments:

Based on Form:

Powder

Liquid

Based on End-use industry:

Food & Beverages

Pharmaceuticals

Cosmetics

Others

Based on Distribution channel:

Hypermarket

Supermarket

Online Stores

Convenience Stores

Browse the full report – https://www.credenceresearch.com/report/acai-berry-market

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trendingreportz · 2 months ago

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Steel Market - Forecast(2024 - 2030)

Steel Market - Overview

The Steel market is analyzed to be $1,746.35 billion in 2023 and is projected to reach $2,105 billion in 2030. The market is estimated to grow with a CAGR of 4.13% during 2024-2030. Steel is an alloy that is made up of iron ore or scrap steel and carbon. In general, steels have various unique properties including being non-corrosive, rust-resistant and heavier than other metals such as aluminum. Therefore, steel is extensively used in various end-use industry verticals, including the manufacturing various transportation and automobile components, medical equipment, metal surgical implants, structural components and more, which in turn is boosting its market growth. In recent years, the steel market has experienced fluctuations driven by several factors. One significant trend in the steel market is the impact of trade policies and tariffs. Trade tensions between major steel-producing nations, such as the United States, China, and the European Union, have led to shifts in supply chains and pricing dynamics. Tariffs imposed on steel imports have affected the competitiveness of domestic producers and influenced global trade patterns. Additionally, sustainability concerns and environmental regulations have influenced market dynamics. Increasing awareness of carbon emissions and the environmental footprint of steel production has led to a growing demand for greener steel products. This has prompted investments in cleaner production technologies such as electric arc furnaces and the development of recycled steel. Moreover, technological advancements and innovations in steel manufacturing processes have enhanced efficiency and product quality. As a result, the steel market is poised for sustained growth as global economic recovery accelerates, with innovations in technology and sustainability shaping future trends.

Steel Market Report Coverage

The report: “Steel Industry – Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Steel Market Report.

By Form: Bar, Rod, Tube, Pipe, Plate, Sheet, Structural, Others

By Region: North America, South America, Europe, Asia-Pacific and Rest of the World

Request Sample

Key Takeaways

• The Asia-Pacific region, particularly China, has been a dominant force in the global steel market with a share of 63% in 2023, owing to China's rapid industrialization and urbanization have driven substantial demand for steel in the construction, infrastructure, and manufacturing sectors.

• The automotive sector is a significant consumer of steel, particularly in the production of vehicles. Changes in consumer demand for automobiles, as well as shifts towards electric vehicles which may use different materials, can impact steel demand in this sector.

Steel Market Segment Analysis – By Type

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Steel Market Segment Analysis – By Form

Steel Market Segment Analysis – By Application

Steel Market Segment Analysis – By Industry

Steel Market Segment Analysis - By Geography/Country

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Steel Market - Drivers

Growing Demand for Steel Across the Various Regions

Construction and Infrastructure Development:

Steel Market -Challenges

Environmental Regulations and Sustainability

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Steel Market - Competitive Landscape

Steel Market - Recent Developments

November 2022, Tata Steel launched the fourth edition of MaterialNEXT, focusing on 'Materials to Wonder.' This open innovation event aims to gather ideas on emerging materials and their applications. The program spans five months across Idea Selection, Development, and Evaluation stages, fostering collaboration among scientists, researchers, and startups.

May 2022, Kobe Steel introduced "Kobenable Steel," Japan's pioneering low CO2 blast furnace steel, aiming to curtail emissions during ironmaking. Utilizing innovative CO2 Reduction Solution technology, it plans to roll out the product this fiscal year, marking a milestone in sustainable steel production.

In June 2023, Nippon Steel introduces ZEXEED™ Checkered Sheet, a new addition to its high corrosion resistant coated steel series

#steel market #steel market size #steel market shape #steel market forecast #steel market analysis #steel market report #steel market growth

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rakshasns · 2 months ago

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Insect Protein Market Landscape, Regional Forecast to 2032

Insect Protein to Reach USD 1.77 Billion by 2032, Growing at a CAGR of 25.01%

Global Insect Protein Size, Share, and Forecast Report 2024-2032

Introduction

As the global population continues to rise and concerns over sustainable food production intensify, alternative protein sources are gaining significant traction. One such alternative is Insect Protein Market Size, which is emerging as a viable, eco-friendly, and nutritious option to meet the growing demand for protein-rich food. According to the latest research, the global insect protein was valued at USD 237.53 million in 2023 and is expected to grow at an impressive compound annual growth rate (CAGR) of 25.01%. By 2032, the is projected to reach a value of USD 1.77 billion.

This press release provides insights into the factors driving the growth of the insect protein , key trends, segmentation, and regional analysis.

Drivers and Growth Factors

Several factors are contributing to the rapid growth of the global insect protein :

Sustainability and Environmental Benefits: Insect protein production requires significantly fewer resources—land, water, and feed—compared to traditional livestock farming. Additionally, it produces lower greenhouse gas emissions, making it an environmentally friendly alternative. With rising concerns about climate change and the environmental impact of conventional meat production, insect protein is becoming an attractive solution for sustainable food systems.

Rising Demand for High-Quality Protein Sources: As global protein consumption increases, there is a growing demand for alternative sources that are nutritious and eco-friendly. Insects are rich in high-quality protein, essential amino acids, and micronutrients, making them a highly desirable protein source for both human and animal consumption.

Acceptance of Edible Insects: Consumer perception of edible insects is slowly shifting as more people recognize the health and environmental benefits. In many parts of the world, particularly in Asia, Africa, and Latin America, insects have been consumed as a regular part of the diet for centuries. This growing acceptance, combined with efforts by food companies to develop insect-based products that are both palatable and accessible, is driving the forward.

Expansion in Animal Nutrition: Insect protein is not only being adopted for human consumption but is also gaining popularity in animal nutrition. As regulations evolve and the benefits of insect protein for livestock, poultry, and aquaculture are recognized, the use of insect-based feed is expected to see significant growth.

Innovation in Food Products: The development of insect-based protein powders, energy bars, snacks, and other food products is driving increased consumer interest. Companies are innovating to create products that cater to the health-conscious and environmentally aware consumers, further fueling the 's growth.

Segmentation

The global insect protein can be segmented by insect type, application, form, and region.

By Insect Type:

Beetles: Beetles represent a significant portion of the insect protein due to their high protein content and the ease of breeding them on a large scale.

Caterpillars: Caterpillars are consumed in many cultures worldwide and are increasingly being incorporated into insect protein production due to their nutritional benefits.

Bees, Wasps, and Ants: These insects are rich in protein and other nutrients, making them a valuable source of alternative protein.

Grasshoppers, Locusts, and Crickets: These insects are among the most popular and widely used for insect protein production. Crickets, in particular, are favored for their high protein content and ease of farming.

By Application:

Animal Nutrition: The animal nutrition segment holds the largest share, driven by the growing demand for sustainable and protein-rich feed for livestock, poultry, and aquaculture. Insect protein is recognized for its ability to improve animal health and growth.

Food & Beverages: The food and beverage segment is expected to see significant growth as consumer acceptance of insect-based foods increases. Insect protein is being used in various products such as protein bars, snacks, and even pasta, catering to the growing health-conscious and eco-friendly consumer base.

By Form:

Powder: Insect protein powder is the most popular form, as it can be easily incorporated into a wide range of food products, including shakes, energy bars, and baked goods.

Whole: Whole insects are also sold as snacks or used in specialty culinary applications, though this is more niche.

Paste: Insect protein paste is used in certain processed foods and supplements, providing a more flexible ingredient option for food manufacturers.

Regional Outlook

North America: North America is one of the fastest-growing regions for insect protein, driven by increasing consumer awareness about the environmental and health benefits of alternative proteins. The U.S. and Canada are seeing significant investments in insect protein startups, along with growing retail and online availability of insect-based products.

Europe: Europe is at the forefront of insect protein regulation and innovation. The European Food Safety Authority (EFSA) has approved several insect species for human consumption, paving the way for wider adoption. Countries like France, the Netherlands, and the U.K. are seeing a rise in insect-based food and feed products.

Asia-Pacific: Asia-Pacific holds the largest share of the global insect protein , owing to the traditional consumption of insects in countries like China, Thailand, and Vietnam. The region is expected to continue dominating the as consumer demand for sustainable protein sources increases and production capabilities expand.

Latin America and Middle East & Africa: Insects have long been a part of the diet in many parts of these regions, and as global interest in insect protein grows, so too will local production and consumption. These regions are expected to see moderate growth, driven by both cultural acceptance and the development of new s for insect-based products.

Trends Shaping the Future of the Insect Protein

Integration into Mainstream Food Products: As insect protein gains mainstream acceptance, we are likely to see an increase in insect-based products on super shelves. This includes everything from protein bars and shakes to pasta and baked goods, providing more choices for consumers looking for sustainable protein sources.

Growth in Insect-Based Animal Feed: The use of insect protein in animal feed is expected to see explosive growth, particularly in the aquaculture sector, where it has shown great potential as a sustainable feed alternative to fishmeal.

Strategic Partnerships and Investments: Key players in the insect protein are forming strategic partnerships with food and feed companies to scale up production and increase penetration. Investments in insect farming technologies are also driving down production costs and improving supply chain efficiencies.

Key Players

Several key players are driving the growth of the insect protein , including:

Ynsect

Protix

AgriProtein

EnviroFlight LLC

Entomo Farms

These companies are focused on scaling production, improving product quality, and expanding their product offerings to cater to the growing global demand for insect protein.

Conclusion

The global insect protein is on the cusp of rapid expansion, driven by growing consumer demand for sustainable, eco-friendly, and nutrient-rich protein sources. With a projected CAGR of 25.01% from 2024 to 2032, the is expected to reach USD 1.77 billion by 2032, offering significant opportunities for innovation and growth in both the food and animal nutrition sectors.

Read More Details @ https://www.snsinsider.com/reports/insect-protein-market-1355

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dh5ryxhgbctgr · 2 months ago

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Global Stainless Steel Ice Market Overview and Strategic Growth Analysis 2024 - 2031

The global stainless steel ice market is gaining traction due to the increasing demand for durable, sustainable, and efficient ice-making solutions across various industries. This article explores the market dynamics, key trends, challenges, and future outlook.

Overview of the Stainless Steel Ice Market

Stainless steel ice refers to ice produced using stainless steel containers or machines that enhance the cooling process, often used in commercial and industrial applications. Known for its corrosion resistance and durability, stainless steel is becoming the material of choice for ice makers and storage solutions.

Key Features of Stainless Steel Ice

Durability: Stainless steel is resistant to rust, corrosion, and staining, making it ideal for ice production in various environments.

Hygienic Properties: The non-porous surface of stainless steel inhibits bacterial growth, ensuring the ice remains clean and safe for consumption.

Energy Efficiency: Modern stainless steel ice machines are designed to operate efficiently, minimizing energy consumption while maximizing ice production.

Market Dynamics

Drivers of Market Growth

Rising Demand in Food and Beverage Industry: The growth of the food service sector, including restaurants and bars, is fueling the demand for reliable ice production systems.

Increasing Popularity of Outdoor Events: As outdoor events and activities become more popular, the need for portable and efficient ice-making solutions is rising.

Technological Advancements: Innovations in ice-making technology, particularly in stainless steel equipment, are enhancing performance and operational efficiency.

Challenges Facing the Market

High Initial Investment: The cost of high-quality stainless steel ice machines can be a barrier for small businesses and startups.

Maintenance Requirements: While stainless steel is durable, regular maintenance is necessary to ensure optimal performance and longevity of the equipment.

Market Competition: The presence of numerous manufacturers in the market can lead to price competition, affecting profit margins for suppliers.

Regional Analysis

North America

North America is a significant market for stainless steel ice, driven by the presence of a robust food and beverage industry. The United States is the leading country in adopting advanced ice-making technologies, with a focus on efficiency and sustainability.

Europe

In Europe, the stainless steel ice market is growing, particularly in countries like Germany and the UK. The region's emphasis on food safety and hygiene is promoting the use of stainless steel equipment in ice production and storage.

Asia-Pacific

The Asia-Pacific region is expected to witness substantial growth in the stainless steel ice market due to rapid urbanization, increasing disposable incomes, and a growing food service sector. Countries like China and India are at the forefront of this growth, driven by rising demand for ice in beverages and food processing.

Competitive Landscape

Key Players

Hoshizaki Corporation: A leading manufacturer of ice machines known for its innovative stainless steel products and energy-efficient designs.

Scotsman Ice Systems: Offers a wide range of stainless steel ice makers and storage solutions for various commercial applications.

Manitowoc Ice: Known for high-quality ice machines, Manitowoc focuses on sustainability and efficiency in its stainless steel products.

Market Strategies

Product Innovation: Companies are investing in R&D to develop advanced stainless steel ice machines that enhance efficiency and reduce energy consumption.

Sustainability Initiatives: Emphasizing environmentally friendly manufacturing processes and materials to attract eco-conscious consumers.

Strategic Partnerships: Collaborating with food service providers and distributors to expand market reach and enhance product offerings.

Future Outlook

The global stainless steel ice market is poised for significant growth over the next decade. As industries increasingly prioritize hygiene, efficiency, and sustainability, the demand for stainless steel ice solutions will likely rise.

Trends to Watch

Integration of Smart Technology: The incorporation of IoT technology in ice machines for real-time monitoring and performance tracking is becoming more prevalent.

Focus on Energy Efficiency: Growing emphasis on energy-efficient products will drive innovations in stainless steel ice equipment.

Customization: Increasing demand for tailored ice solutions that meet specific industry requirements, particularly in the food and beverage sector.

Conclusion

The global stainless steel ice market is set for growth, driven by advancements in technology, increasing demand in various sectors, and a focus on sustainability. By addressing challenges and leveraging emerging opportunities, stakeholders can thrive in this dynamic market. The future of stainless steel ice solutions will be characterized by innovation, efficiency, and a commitment to meeting the evolving needs of consumers and industries worldwide.

#Global Stainless Steel Ice Market Size #Global Stainless Steel Ice Market Trend #Global Stainless Steel Ice Market Growth

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neha24blog · 2 months ago

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Energy Bar Market Outlook On The Basis Of Type, Packaging, Ingredient, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 19 Sep 2024: The Report Energy Bar Market Size, Share & Trends Analysis Report By Type (Organic, Conventional), By Packaging (Single Pack, Multi Pack), By Ingredient (Cereals & Grains, Fruits), By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030 The global energy bar market size is expected to reach USD 9.92 billion by 2030, growing at a CAGR of 7.6% from 2024…

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industryforecastnews · 2 months ago

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Nugget Ice Machine Market To Reach USD 416.84 Million By 2030

Nugget Ice Machine Market Growth & Trends

The global nugget ice machine market size is anticipated to reach USD 416.84 million by 2030, exhibiting a CAGR of 5.2% during the forecast period of 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is driven by increasing consumer demand for convenient and portable ice-making solutions across both residential and commercial sectors. Nugget ice, known for its chewable texture and flavor retention properties, continues to gain popularity, fueling market growth of nugget ice makers.

Countertop nugget ice machines are largely preferred across food service and hospitality sectors. These compact and efficient models appeal to modern consumers seeking versatile appliances that enhance convenience. Companies like GE Profile have introduced advanced models such as the Opal 2.0 Ultra, featuring smart technologies like Wi-Fi connectivity and voice control, catering to the growing demand for seamless integration into smart kitchens.

Nugget ice machines play a crucial role in enhancing beverage quality and customer satisfaction in bars, restaurants, and other hospitality establishments. Innovations from key players like Scotsman Ice Systems and Manitowoc Ice continue to advance the designs with improved energy efficiency and sanitation technologies.

Technological advancements in the nugget ice maker market, driven by innovations like smart app control and voice integration with Alexa and Google Assistant, are transforming user experiences. Ecozy, an appliance company’s, introduction of the World's First Compact Smart Nugget Ice Maker on Amazon in May 2024 featured that the machine can produce up to 35 lbs of daily ice. It offers advanced functionalities such as scheduling, remote control, and automatic cleaning via the EcozyHome app or voice commands, catering to both residential and commercial users seeking enhanced convenience and efficiency.

The market is characterized by intense competition among major players such as GE Appliances, Scotsman Ice Systems, and Manitowoc Ice, who are continuously innovating to meet evolving consumer preferences for quality, efficiency, and technological integration in ice-making appliances. As demand expands across residential and commercial sectors worldwide, the market is poised for sustained growth supported by technological advancements and increasing consumer awareness of the benefits of nugget ice.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/nugget-ice-machine-market-report

Nugget Ice Machine Market Report Highlights

In 2023, countertop nugget ice machines dominated with 76.48% market share due to their compact size and advanced features meeting modern consumer demands. GE Profile launched the Opal 2.0 Ultra Nugget Ice Machine in June 2024, enhancing maintenance efficiency with scale-inhibiting and reusable filters, alongside a sleek design and smart features like Wi-Fi and voice control, appealing strongly to commercial users.

Residential sales of nugget ice machines are projected to grow at a 5.6% CAGR from 2024 to 2030, driven by increasing demand for high-quality, chewable ice at home. Innovations in compact and efficient designs, coupled with smart features enhancing usability, contribute to this growth.

In 2023, offline sales of nugget ice machines held over 71% market share, driven by the appeal of hands-on experience and immediate availability in physical retail channels. Discounts and promotional deals offered by hypermarkets, such as Walmart, further drive sales by making high-quality nugget ice machines more accessible and attractive to a wide range of customers.

In 2023, the market in North America held a revenue share of 45.60% of global revenue, fueled by a robust foodservice sector and growing preference for premium kitchen appliances. Technological advancements tailored for the U.S. market, alongside innovations from key manufacturers, played pivotal roles in the driving market growth in the region.

The market shows concentration with dominant players like Scotsman Ice Systems, Manitowoc Ice, and GE Appliances leading the industry. These key players hold substantial influence due to their significant presence and impact on end-user industries, and innovation in ice machine technologies.

In April 2023, Manitowoc Ice initiated a strategic integration into Pentair Foodservice, aiming to enhance its market position and expand its footprint in smart and sustainable ice machine solutions globally. This move highlights Manitowoc Ice's commitment to innovation, quality, and customer satisfaction across diverse sectors including food service, hospitality, and residential applications.

Nugget Ice Machine Market Segmentation

Grand View Research has segmented the Nugget Ice Machine Market on the basis of product, end use, distribution channel, and region:

Nugget Ice Machine Product Outlook (Revenue, USD Million; 2018 - 2030)

Countertop

Undercounter/Built-In

Nugget Ice Machine End-use Outlook (Revenue, USD Million; 2018 - 2030)

Food Service

Hospitality

Healthcare

Residential

Others

Nugget Ice Machine Distribution Channel Outlook (Revenue, USD Million; 2018 - 2030)

Offline

Online

Nugget Ice Machine Regional Outlook (Revenue, USD Million; 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players in the Nugget Ice Machine Market

GE Appliances

Scotsman Ice Systems

Manitowoc Ice

Euhomy

NewAir

AvantiProducts

Hoshizaki America, Inc.

ITV Ice Makers Inc.

Whynter, LLC

Ice-O-Matic

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/nugget-ice-machine-market-report

#Nugget Ice Machine Market #Nugget Ice Machine Market Size #Nugget Ice Machine Market Share #Nugget Ice Machine Market Trends

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karan777 · 4 months ago

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#Energy Bar Market #Energy Bar Size #Energy Bar Growth #Energy Bar Trend #Energy Bar segment #Energy Bar Opportunity #Energy Bar Analysis 2024 #Energy Bar Forecast

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sa7abnews · 3 months ago

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Russian disinformation slams Paris and amplifies Khelif claims to undermine the Olympics

New Post has been published on https://sa7ab.info/2024/08/06/russian-disinformation-slams-paris-and-amplifies-khelif-claims-to-undermine-the-olympics/

Russian disinformation slams Paris and amplifies Khelif claims to undermine the Olympics

By DAVID KLEPPER WASHINGTON (AP) — The actor in the viral music video denouncing the 2024 Olympics looks a lot like French President Emmanuel Macron. The images of rats, trash and the sewage, however, were dreamed up by artificial intelligence. Portraying Paris as a crime-ridden cesspool, the video mocking the Games spread quickly on social media platforms like YouTube and X, helped on its way by 30,000 social media bots linked to a notorious Russian disinformation group that has set its sights on France before. Within days, the video was available in 13 languages, thanks to quick translation by AI. “Paris, Paris, 1-2-3, go to Seine and make a pee,” taunts an AI-enhanced singer as the faux Macron actor dances in the background, seemingly a reference to water quality concerns in the Seine River where some competitions are taking place. Moscow is making its presence felt during the Paris Games, using online disinformation and state propaganda to spread incendiary claims and attack the host country — showing how global events like the Olympics are now high-profile targets for online disinformation and propaganda. Only a small number of approved Russian athletes were allowed compete as neutrals. Barring Russian athletes from competing under the country’s flag or in team sports following the invasion of Ukraine all but guaranteed the Kremlin’s response, said Gordon Crovitz, co-founder of NewsGuard, a firm that analyzes online misinformation. NewsGuard has tracked dozens of examples of disinformation targeting the Paris Games, including Russia’s fake music video. Russia’s disinformation campaign targeting the Olympics stands out for its technical skill, Crovitz said. “What’s different now is that they are perhaps the most advanced users of generative AI models for malign purposes: fake videos, fake music, fake websites,” he said. AI can be used to create lifelike images, audio and video, rapidly translate text and generate culturally specific content that sounds and reads like it was created by a human. The once labor-intensive work of creating fake social media accounts or websites and writing conversational posts can now be done quickly and cheaply. Another video making the rounds this week claimed the CIA and U.S. State Department had warned Americans not to use the Paris metro. No such warning was issued, and French authorities later determined the video was created by a group linked to the Russian government, likely using AI. Over the weekend, disinformation networks linked to the Kremlin seized on a divide over Algerian boxer Imane Khelif, who has faced unsubstantiated questions about her gender. Khelif was assigned female at birth, but baseless claims that she is a man or transgender surfaced after a controversial boxing association with Russian ties said she failed an opaque eligibility test before last year’s world boxing championships. Russian networks amplified the debate, which quickly became a trending topic online. British news outlets, author J.K. Rowling and right-wing politicians like Donald Trump added to the deluge. At its height late last week, X users were posting about the boxer tens of thousands of times per hour, according to an analysis by PeakMetrics, a cyber firm that tracks online narratives. The boxing group at the root of the claims — the International Boxing Association — has been permanently barred from the Olympics, has a Russian president who is an ally of Russian President Vladimir Putin and its biggest sponsor is the state energy company Gazprom. Questions also have surfaced about its decision to disqualify Khelif last year after she had beaten a Russian boxer. Russian state media has trumpeted some of the same false and misleading content. Instead of covering the athletic competitions, much of the coverage of the Olympics has focused on crime, immigration, litter and pollution. One article in the state-run Sputnik news service summed it up: “These Paris ‘games’ sure are going swimmingly. Here’s an idea. Stop awarding the Olympics to the decadent, rotting west.” Russia has used propaganda to disparage past Olympics, as it did when the then-Soviet Union boycotted the 1984 Games in Los Angeles. At the time, it distributed printed material to Olympic officials in Africa and Asia suggesting that non-white athletes would be hunted by racists in the U.S., according to an analysis from Microsoft Threat Intelligence, a unit within the technology company that studies malicious online actors. Russia also has targeted past Olympic Games with cyberattacks. “If they cannot participate in or win the Games, then they seek to undercut, defame, and degrade the international competition in the minds of participants, spectators, and global audiences,” analysts at Microsoft concluded. A message left with the Russian government was not immediately returned on Monday. Authorities in France have been on high alert for sabotage, cyberattacks or disinformation targeting the Games. A 40-year-old Russian man was arrested in France last month and charged with working for a foreign power to destabilize the European country ahead of the Games. Other nations, criminal groups, extremist organizations and scam artists also are exploiting the Olympics to spread their own disinformation. Any global event like the Olympics — or a climate disaster or big election — that draws a lot of people online is likely to generate similar amounts of false and misleading claims, said Mark Calandra, executive vice president at CSC Digital Brand Services, a firm that tracks fraudulent activity online. CSC’s researchers noticed a sharp increase in fake website domain names being registered ahead of the Olympics. In many cases, groups set up sites that appear to provide Olympic content, or sell Olympic merchandise. Instead, they’re designed to collect information on the user. Sometimes it’s a scam artist looking to steal personal financial data. In others, the sites are used by foreign governments to collect information on Americans — or as a way to spread more disinformation. “Bad actors look for these global events,” Calandra said. “Whether they’re positive events like the Olympics or more concerning ones, these people use everyone’s heightened awareness and interest to try to exploit them.”

#Latest Headlines

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pranalipawarshinde · 4 months ago

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Proton Exchange Membrane Fuel Cell (PEMFC) Market overview by recent opportunities, growth size, regional analysis and forecast 2024-2033

“Global Insight Services company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

A Proton Exchange Membrane Fuel Cell (PEMFC) is a type of fuel cell that uses hydrogen and oxygen to produce electricity. PEMFCs are the most common type of fuel cell used in cars and other vehicles. PEMFCs work by passing hydrogen gas through a membrane. The hydrogen ions (protons) pass through the membrane and react with oxygen to produce water and electricity. The electrons produced by the reaction are used to power the vehicle.

View The Full Report Here –https://www.globalinsightservices.com/reports/proton-exchange-membrane-fuel-cell-pemfc-market

Key Trends

The Proton Exchange Membrane Fuel Cell (PEMFC) technology is a type of fuel cell that uses a proton-conducting membrane as the electrolyte. The PEMFC was first developed in the early 1900s, but it was not until the 1970s that it began to be used commercially.

PEMFCs are used in a variety of applications, including portable electronics, automotive, stationary power, and backup power. PEMFCs have a number of advantages over other types of fuel cells, including high power density, high efficiency, and low emissions.

PEMFCs are typically made with a thin film of proton-conducting polymer sandwiched between two electrodes. The electrodes are usually made of carbon, and the electrolyte is typically a thin film of proton-conducting polymer.

PEMFCs can operate at a wide range of temperatures, from -50Â°C to +100Â°C. They can also operate at a wide range of pressures, from atmospheric to 10 bar.

Key Drivers

The key drivers of the Proton Exchange Membrane Fuel Cell (PEMFC) market are the increasing demand for fuel cells, the need for clean energy, and government support for fuel cells.

Fuel cells are a clean and efficient way to generate electricity, and they are being increasingly used in a variety of applications, such as power generation, transportation, and portable electronics. Fuel cells offer many advantages over traditional combustion-based power generation technologies, including higher efficiency, lower emissions, and the ability to operate using a variety of fuels.

The demand for fuel cells is being driven by the need for clean energy, as fuel cells produce no emissions of pollutants or greenhouse gases. Fuel cells are also becoming increasingly cost-competitive with other power generation technologies, due to advancements in technology and manufacturing.

The government is also providing support for fuel cells, through policies and incentives, which is helping to drive the market for fuel cells.

#Proton Exchange Membrane Fuel Cell (PEMFC) Market #Proton Exchange Membrane Fuel Cell (PEMFC) Market Trends #Proton Exchange Membrane Fuel Cell (PEMFC) Market manufacturing #Proton Exchange Membrane Fuel Cell (PEMFC) Market industry #Proton Exchange Membrane Fuel Cell (PEMFC) Market Energy & Natural Resources

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industrynewsupdates · 2 months ago

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Protective Relay Market Segmentation and Competitive Analysis Report, 2030

The global protective relay market size was valued at USD 3,222.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% over the forecast period from 2023 to 2030.

As significant investments are channeled into infrastructure projects across various regions, there is a concurrent surge in energy consumption, propelling the popularity of smart grid technologies for effective energy management. Consequently, the demand for protective relays is expected to witness a notable rise, as they play a pivotal role in parallel systems to mitigate the risk of harm arising from potential system failures. The global increase in electricity demand, fueled by infrastructural developments and other contributing factors, is anticipated to drive the demand for safety equipment, including protective relays, in the forthcoming years.

Gather more insights about the market drivers, restrains and growth of the Protective Relay Market

Furthermore, there is a growing emphasis on power quality and reliability, acknowledging the potential implications of voltage fluctuations and frequency variations leading to equipment damage and power disruptions. These factors collectively underscore the increasing significance of protective relays in safeguarding and ensuring the stable operation of power systems.

The COVID-19 pandemic had a significant impact on the market for protective relays. As the pandemic disrupted global supply chains, manufacturers encountered challenges sourcing raw materials and components, resulting in delays in production and delivery of protective relays. The shift towards remote monitoring solutions during the pandemic also increased the interest in protective relays equipped with advanced communication and remote monitoring capabilities. As the pandemic situation improved in some regions and industrial activities resumed, there was a gradual recovery in demand for protective relays in various sectors.

Protective Relay Market Segmentation

Grand View Research has segmented the global protective relay market based on voltage, application, end use, and region:

Voltage Outlook (Revenue in USD Million, 2017 - 2030)

• Low Voltage

• Medium Voltage

• High Voltage

Application Outlook (Revenue in USD Million, 2017 - 2030)

• Feeder Protection

• Generator Protection

• Bus-Bar Protection

• Capacitor Bank Protection

• Breaker Protection

• Transformer Protection

• Others

End Use Outlook (Revenue in USD Million, 2017 - 2030)

• Infrastructure

• Industrial

• Government

• Power

• Others

Regional Outlook (Revenue in USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

• Asia Pacific

o Japan

o China

o India

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• The global silicone sealants market size was valued at USD 4.03 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030.

• The global metamaterials market size was valued at USD 779.6 million in 2023 and is anticipated to grow at a CAGR of 18.8% from 2024 to 2030.

Key Companies & Market Share Insights

Vendors in the market are undertaking numerous strategic initiatives, such as acquisitions and mergers, collaboration, new product development, and partnerships with other prominent players. Continuous R&D to offer product differentiation is expected to be the major success factor for industry participants. For instance, in May 2021, ABB launched a new addition to its Relion product family, the REX610. This advanced offering is designed to deliver secure, intelligent, and eco-friendly electrification solutions. The primary focus of the REX610 is to streamline safety and control for basic energy transmission applications, making them more accessible and efficient.

Key Protective Relay Companies:

• ABB

• Doble Engineering Company

• Eaton

• Fanox

• Mitsubishi Electric Corporation

• General Electric

• NR Electric Co., Ltd.

• Siemens

• Schneider Electric

• Schweitzer Engineering Laboratories, Inc.

• TIEPCO

• ZIV

• TOSHIBA CORPORATION

Recent Developments

• In February 2023, ABB introduced new functionality for the REX640, its all-in-one protection relay tailored for advanced power generation and distribution applications. This enhanced version can now serve as a high-speed transfer device (HSTD), offering continuous supervision of the main feeder. This process guarantees an optimal transfer with minimal disruption to the manufacturing process and eliminates the risk of equipment damage, ultimately leading to cost and time savings.

• In February 2023, Schneider Electric unveiled new product lines at its manufacturing facility in Bengaluru to meet the increasing demand for protection relays and IoT gateways for power quality digitization and management. These cutting-edge solutions are specifically designed to address the country's electrical infrastructure requirements, the imperative for building decarbonization, and the pursuit of energy efficiency.

• In December 2022, Siemens introduced an innovative Dual Powered Protection Relay-7SR46. As a key component of their extensive range of protection relays tailored for distribution and industrial grids, the Siemens Reyrolle 7SR46 offers dependable overcurrent and earth fault protection specifically designed for medium voltage transformer stations. This advanced relay ensures a reliable and secure operation of the transformer stations, safeguarding critical equipment and enhancing grid stability.

Order a free sample PDF of the Protective Relay Market Intelligence Study, published by Grand View Research.

#Protective Relay Market #Protective Relay Market size #Protective Relay Market share #Protective Relay Market analysis #Protective Relay Industry

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priyanshisingh · 3 months ago

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Energy Supplement Market Forecast and Analysis Report (2023-2032)

The Energy Supplement market is projected to grow from USD 43,689.66 million in 2024 to USD 61,421.2 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.35%.

The energy supplement market is experiencing robust growth, fueled by increasing consumer awareness of health and fitness, busy lifestyles, and the rising popularity of sports and physical activities. Energy supplements, which include a variety of products such as energy drinks, energy bars, capsules, and powders, are designed to enhance physical performance, improve mental alertness, and combat fatigue. The market's expansion is driven by a diverse consumer base, including athletes, fitness enthusiasts, working professionals, and individuals seeking an energy boost to manage their daily routines. A significant trend within the market is the shift towards natural and organic ingredients, as health-conscious consumers prefer supplements free from artificial additives and preservatives. This has led to the introduction of products containing ingredients like green tea extract, guarana, ginseng, and vitamins B and C, which are perceived as safer and more effective.

Moreover, the growing trend of personalized nutrition has spurred innovation in the energy supplement sector, with companies offering customized formulations tailored to individual health needs and preferences. The market is also benefiting from advancements in packaging and delivery formats, such as ready-to-drink options and convenient single-serve packets, which cater to the on-the-go lifestyle of modern consumers.

The e-commerce boom has further accelerated market growth, providing consumers with easy access to a wide range of products and enabling companies to reach a global audience. Social media and influencer marketing have played a crucial role in increasing product visibility and driving consumer engagement. Additionally, strategic partnerships and endorsements by athletes and celebrities have bolstered brand credibility and expanded market reach. Despite the positive growth trajectory, the energy supplement market faces challenges such as stringent regulatory requirements, which vary by region and can impact product formulation and marketing. There are also concerns regarding the potential health risks associated with excessive consumption of caffeine and other stimulants, leading to calls for clearer labeling and consumer education.

The energy supplement market offers a diverse range of products tailored to meet various needs and preferences. Here are some key types of energy supplements:

Energy Drinks: These are among the most popular energy supplements, often containing caffeine, taurine, B vitamins, and sugar or artificial sweeteners. They provide a quick energy boost and are widely consumed by athletes, students, and professionals needing enhanced alertness and performance.

Energy Bars: Energy bars are convenient, portable snacks designed to provide sustained energy. They typically contain a mix of carbohydrates, proteins, and fats, along with vitamins and minerals. Ingredients often include oats, nuts, seeds, dried fruits, and various protein sources.

Energy Gels: Primarily used by endurance athletes, energy gels offer a concentrated source of easily digestible carbohydrates and electrolytes. They are designed for quick absorption, providing a rapid energy boost during prolonged physical activities like running, cycling, and triathlons.

Energy Capsules and Tablets: These supplements are available in pill form and usually contain caffeine, vitamins, amino acids, and herbal extracts like ginseng and guarana. They offer a convenient way to enhance energy levels without the calories and sugars found in other forms.

Energy Powders: Powders can be mixed with water or other beverages to create customized energy drinks. They often contain a blend of caffeine, amino acids (such as taurine and L-carnitine), vitamins, and electrolytes. They offer flexibility in dosage and flavor.

Pre-Workout Supplements: Specifically designed for use before exercise, these supplements typically contain a mix of caffeine, creatine, beta-alanine, nitric oxide boosters, and other ingredients aimed at enhancing performance, endurance, and focus during workouts.

Herbal Energy Supplements: These products leverage the natural energy-boosting properties of herbs like ginseng, maca root, yerba mate, and Rhodiola rosea. They appeal to consumers looking for natural alternatives to synthetic stimulants.

B12 Supplements: Vitamin B12 is essential for energy production in the body. B12 supplements, available in various forms including tablets, capsules, and sublingual (under the tongue) sprays, are popular among those with B12 deficiencies, such as vegetarians and the elderly.

Adaptogen-Based Supplements: Adaptogens like ashwagandha, Rhodiola, and holy basil help the body manage stress and maintain energy levels. These supplements are gaining popularity for their ability to support sustained energy without the crash associated with stimulants.

Electrolyte Replacements: Often used by athletes and individuals engaging in strenuous physical activities, these supplements help replenish electrolytes lost through sweat, aiding in hydration and energy maintenance. They are available in forms like drinks, powders, and tablets.

Key Player Analysis

CELSIUS

Herbalife Nutrition Ltd.

Herbaland

Glanbia Nutritionals Inc.

PepsiCo Holdings

Amway Corporation

Red Bull GmbH

Rockstar, Inc.

More About Report- https://www.credenceresearch.com/report/energy-supplement-market

The energy supplement market is propelled by several key drivers that contribute to its robust growth and increasing consumer demand. Here are some of the main market drivers:

Growing Health and Fitness Awareness: With a rising awareness of health, fitness, and wellness, consumers are increasingly seeking products that can enhance their energy levels and overall performance. This trend is particularly strong among younger demographics and fitness enthusiasts, who prioritize maintaining high energy levels for physical activities and workouts.

Busy Lifestyles and Increasing Workload: Modern lifestyles are often characterized by hectic schedules and high-stress levels, leading individuals to seek convenient solutions to manage fatigue and boost energy. Energy supplements offer a quick and effective way to maintain alertness and productivity throughout the day, making them popular among working professionals and students.

Rising Popularity of Sports and Physical Activities: The increasing participation in sports, gym workouts, and outdoor activities has driven the demand for energy supplements. Athletes and fitness enthusiasts use these products to enhance endurance, improve performance, and accelerate recovery, creating a significant market for sports-specific energy supplements.

Advancements in Product Formulations: Innovations in the formulation of energy supplements have led to the development of more effective and targeted products. The incorporation of natural ingredients, adaptogens, and novel compounds has expanded the range of available supplements, attracting a wider consumer base.

Growing Preference for Natural and Organic Products: There is a significant shift towards natural and organic energy supplements as consumers become more conscious of the ingredients in their products. The demand for clean-label products free from artificial additives and preservatives is driving growth in this segment.

Expansion of E-commerce and Online Retail: The rise of e-commerce platforms has made it easier for consumers to access a wide variety of energy supplements. Online retail offers convenience, a broad product selection, and the ability to compare products and prices, boosting market growth.

Marketing and Endorsements by Influencers and Athletes: The promotion of energy supplements by fitness influencers, athletes, and celebrities has significantly increased product visibility and credibility. Endorsements and social media marketing campaigns effectively reach target audiences and drive consumer interest and sales.

Increased Focus on Mental Alertness and Cognitive Function: Besides physical energy, there is growing interest in supplements that enhance mental alertness and cognitive function. Products that combine energy-boosting ingredients with nootropics are gaining popularity among individuals seeking improved focus and mental clarity.

Rising Disposable Incomes: Higher disposable incomes, particularly in emerging economies, enable consumers to spend more on health and wellness products, including energy supplements. This economic growth supports the expansion of the market across different regions.

Regulatory Support and Approvals: Favorable regulatory frameworks and approvals for new and existing energy supplement products enhance consumer confidence and market growth. Clear regulations ensure product safety and efficacy, encouraging more consumers to incorporate these supplements into their daily routines.

Segments:

Based on Product Type:

Drinks

Powders

Gels

Capsules

Tablets

Gummies

Others (strips, energy bars)

Based on End-User:

Kids/Infants

Adults/Teenagers

Old Age

Based on Distribution Channel:

Store-Based Retail:

Hypermarkets/Supermarkets

Pharmacies or Drug Stores

Grocery Stores

Specialty Stores

Discount Stores

Online Retail

Browse the full report – https://www.credenceresearch.com/report/energy-supplement-market

Browse Our Blog: https://www.linkedin.com/pulse/energy-supplement-market-dynamics-global-3qznf

Phone: +91 6232 49 3207

Email: [email protected]

Website: https://www.credenceresearch.com

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