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#Fruit Spreads Market Analysis
cathkaesque · 1 year
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New research by the Landworkers’ Alliance, Sustain and others has raised serious concerns about exploitation of Nepalese workers in the UK horticulture sector. The 60-page report, called “Debt. Migration and Exploitation”, examines the recruitment practices and working conditions of seasonal fruit and veg pickers employed under the UK government’s Seasonal Worker scheme. Some Nepalese workers are having to pay extortionate, illegal broker fees of around £4,300 to third-party recruitment agencies in their home countries to secure a visa. One young woman paid £12,000, according to worker testimony included in the study. This means after paying for accommodation, subsistence and travel costs, they are left out of pocket and pay more to come to the UK and work than the retained income they take home. The report includes an extended interview with a former Nepalese worker recruited to work in the UK via a Seasonal Worker scheme visa, who says around 70-80% of workers are paying illegal broker fees. The worker states: “Many people do not know how to use the internet for applications, how to use it properly, how the process works. There is a lack of information everywhere about recruitment, and a lack of education. The brokers are 10 steps ahead of the candidates. The brokers make them victims, they take people for fools." The report also includes a supply chain analysis carried out by the New Economics Foundation, of a fruit farm in Kent. It estimates migrant seasonal workers picking soft fruit receive an average of 7.6% of the total retail price of this farm’s produce. The supermarket receives 54.7% of the value, while the farm receives 26.2%. In 2022, Nepalese migrants accounted for 8% of Seasonal Worker scheme recruits. Ukraine supplied the most workers (20%), down from 90% in 2019 due to the ongoing conflict with Russia. The report concludes with key recommendations for the UK government, labour market enforcement bodies, supermarkets, trade unions and social movements. These include recruiting through one authorised department of the origin countries of workers, cutting out brokers and middlemen, and the establishment of information centres to spread correct information on the process. A UK government spokesperson said “The welfare of visa holders is of paramount importance, including in the Seasonal Workers scheme, and we are clamping down on poor working conditions and exploitation. We work closely with scheme operators who have responsibility for ensuring the welfare of migrant workers, requiring them to provide at least 32 hours paid employment per week and managing the recruitment process overseas. We will always take decisive action where we believe abusive practices are taking place or the conditions of the route are not met"
Love that the government's response seems to be "look we're trying to fix it honest we are"
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priyanshisingh · 17 days
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Vegan Cheese Market Analysis: Global Industry Trends and Forecast (2023-2032)
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The Global Vegan Cheese Market is projected to grow from USD 3467 million in 2024 to USD 6807.45 million by 2032, expanding at a CAGR of 8.8% from 2024 to 2032.
Vegan cheese has emerged as a popular alternative to traditional dairy cheese, catering to the growing demand for plant-based and cruelty-free food options. This rise in popularity is largely driven by increasing awareness of the environmental and ethical concerns associated with animal agriculture, as well as the health benefits of a plant-based diet.
Vegan cheese is made from a variety of plant-based ingredients, including nuts (such as cashews and almonds), soy, coconut oil, and root vegetables like potatoes and carrots, which are often combined with nutritional yeast and other flavorings to mimic the taste and texture of dairy cheese. The development of vegan cheese has seen significant innovation, with manufacturers striving to improve its flavor, texture, and melting properties to appeal to both vegans and non-vegans alike. The market has expanded to include a wide range of vegan cheese varieties, from cheddar and mozzarella to brie and blue cheese, offering consumers diverse options for cooking, snacking, and entertaining.
This growing variety and improved quality have made vegan cheese more accessible and appealing to a broader audience, including those with lactose intolerance, dairy allergies, or simply a preference for plant-based foods. Additionally, the vegan cheese market has benefited from the broader trend towards plant-based eating, as more consumers seek to reduce their meat and dairy consumption for health, ethical, or environmental reasons.
Vegan cheese can be used in a variety of ways, much like traditional dairy cheese. Here are some common uses:
Pizza Topping: Vegan cheese, particularly mozzarella-style varieties, is widely used as a topping for pizzas. It melts and stretches, making it a perfect substitute for traditional cheese on pizzas.
Sandwiches and Wraps: Slices of vegan cheese can be added to sandwiches, wraps, or burgers for a cheesy flavor and texture. It can also be melted in a panini press for a warm, gooey effect.
Pasta Dishes: Vegan cheese can be used in pasta dishes, such as mac and cheese, lasagna, or baked ziti. It can be melted into sauces or used as a topping to create a rich, creamy texture.
Salads: Vegan cheese crumbles, such as feta or blue cheese alternatives, can be sprinkled over salads to add flavor and texture.
Cheese Boards and Snacks: Vegan cheese is perfect for creating plant-based cheese boards, paired with crackers, fruits, nuts, and spreads. It also makes a great snack on its own or with accompaniments like olives or pickles.
Baking and Cooking: Vegan cheese can be used in a variety of baked dishes, such as quiches, casseroles, or stuffed vegetables, adding a creamy and savory element to the dish.
Dips and Sauces: Vegan cheese can be blended into dips and sauces, like queso, fondue, or cheese sauce for nachos, providing a dairy-free alternative that’s rich and flavorful.
Grilled Cheese Sandwiches: Vegan cheese slices or shreds can be used to make classic grilled cheese sandwiches, offering a plant-based twist on this comfort food favorite.
Tacos and Burritos: Shredded vegan cheese can be added to tacos, burritos, quesadillas, or enchiladas, giving these dishes a cheesy flavor without the dairy.
Burgers: Vegan cheese slices are a popular addition to plant-based or traditional veggie burgers, melting over the patty to enhance the overall flavor and texture.
These versatile uses make vegan cheese a valuable ingredient in a wide range of dishes, catering to those following plant-based diets, as well as anyone looking to reduce their dairy intake.
Key Players:
Treeline Cheese
Follow Your Heart
Daiya Foods Inc.
Kite Hill
Violife
Dr-Cow Tree Nut Cheese
Tofutti Brands, Inc.
Tyne Chease Limited
Miyoko’s Creamery
Parmela Creamery
More About Report- https://www.credenceresearch.com/report/vegan-cheese-market
The vegan cheese market is rapidly growing, driven by increasing consumer demand for plant-based and dairy-free alternatives. This growth has led to a competitive landscape where both established food companies and emerging startups are vying for market share. Here’s a competitive analysis of the vegan cheese market:
1. Product Innovation and Differentiation
Flavor and Texture Improvement: Companies are heavily investing in R&D to improve the flavor and texture of vegan cheeses, making them more appealing to non-vegan consumers. Innovations in fermentation and aging processes, as well as the use of different base ingredients like cashews, almonds, and oats, are helping brands stand out.
Clean Label and Organic Products: There is a growing consumer preference for clean label products with minimal ingredients and no artificial additives. Brands that can offer organic and non-GMO certified products, such as Miyoko’s Creamery, are leveraging this trend to differentiate themselves.
Specialty and Artisanal Offerings: Some brands are focusing on artisanal vegan cheeses, offering aged and cultured products that appeal to gourmet consumers. This niche market is growing, particularly among consumers looking for premium, high-quality vegan options.
4. Market Strategies
Strategic Partnerships and Distribution: Major players are expanding their market reach through strategic partnerships with retailers, foodservice providers, and restaurants. For example, Violife’s collaboration with major fast-food chains has significantly increased their visibility and market penetration.
Marketing and Brand Positioning: Companies are increasingly using social media, influencer marketing, and collaborations with plant-based advocates to build brand awareness and loyalty. Brands like Miyoko’s Creamery have successfully used storytelling and ethical branding to connect with their target audience.
Price Competition: While premium brands focus on quality and exclusivity, there is growing competition in the more affordable segment of the market. Companies like Vevan Foods are positioning themselves as cost-effective alternatives to attract budget-conscious consumers.
5. Regional Analysis
North America: The U.S. is a leading market for vegan cheese, driven by high consumer awareness and a strong demand for plant-based products. Brands like Daiya and Follow Your Heart dominate this region.
Europe: Europe, particularly the UK and Germany, is a significant market for vegan cheese, with a strong presence of brands like Violife and various artisanal producers. The market is characterized by a high demand for organic and non-GMO products.
Asia-Pacific: The vegan cheese market in Asia-Pacific is growing, driven by increasing health consciousness and the rise of plant-based diets. However, the market is still in its early stages, with significant potential for growth.
Latin America: The market in Latin America is emerging, with growing interest in plant-based foods. However, challenges such as lower consumer awareness and limited availability of products present barriers to rapid growth.
6. Challenges and Opportunities
Consumer Perception and Acceptance: One of the major challenges remains overcoming the taste and texture expectations of traditional cheese consumers. Companies are focusing on continuous improvement in product formulation to meet these expectations.
Supply Chain and Ingredient Sourcing: Sourcing high-quality, sustainable ingredients remains a challenge, particularly as demand increases. Brands that can secure reliable supply chains for nuts, seeds, and other plant-based ingredients will have a competitive advantage.
Regulatory Landscape: As the vegan cheese market grows, regulatory challenges regarding labeling and product claims could arise, particularly in regions with strict food regulations. Companies need to navigate these complexities while maintaining transparency with consumers.
In summary, the vegan cheese market is highly competitive, with both established players and new entrants striving to capture market share. Success in this market will depend on continuous innovation, effective marketing strategies, and the ability to scale operations while maintaining product quality. As consumer demand for plant-based products continues to grow, the market is likely to see further consolidation and expansion, with significant opportunities for brands that can meet the evolving needs of a diverse consumer base.
The vegan cheese market is influenced by several trending factors that are driving its growth and shaping consumer behavior. Here are some of the key trending factors in the vegan cheese market:
1. Rise in Plant-Based Diets
Growing Popularity of Veganism: The increasing adoption of veganism and plant-based diets is one of the most significant trends driving the vegan cheese market. More consumers are choosing to eliminate or reduce their intake of animal products due to health, ethical, and environmental concerns, leading to higher demand for plant-based alternatives like vegan cheese.
Flexitarian Diets: The flexitarian trend, where individuals reduce meat and dairy consumption without fully eliminating them, is also contributing to the growth of the vegan cheese market. Flexitarians often seek plant-based alternatives for health or sustainability reasons, expanding the consumer base for vegan cheese products.
2. Innovation in Product Development
Improved Taste and Texture: Companies are continuously innovating to improve the taste, texture, and meltability of vegan cheese, making it more comparable to traditional dairy cheese. Advances in food technology, including fermentation processes and the use of new ingredients like oats and legumes, have led to significant improvements in product quality.
Diverse Varieties and Flavors: The market is seeing an expansion in the variety of vegan cheese products available, including options that mimic popular dairy cheese types like cheddar, mozzarella, brie, and blue cheese. This diversity caters to a wide range of consumer preferences and culinary uses, driving market growth.
3. Health and Wellness Trends
Perceived Health Benefits: Many consumers perceive vegan cheese as a healthier alternative to dairy cheese, particularly those looking to reduce saturated fat, cholesterol, and lactose intake. The demand for clean label products with simple, natural ingredients is also driving interest in vegan cheese.
Allergen-Free Options: Vegan cheese is often sought after by individuals with lactose intolerance, dairy allergies, or other dietary restrictions. The availability of allergen-free and gluten-free vegan cheese products is broadening the appeal to consumers with specific health needs.
4. Sustainability and Ethical Considerations
Environmental Impact: The environmental benefits of plant-based diets, including lower greenhouse gas emissions and reduced water and land use, are driving consumer interest in vegan cheese. As more consumers become aware of the environmental impact of animal agriculture, they are increasingly turning to plant-based alternatives.
Ethical Consumption: Concerns about animal welfare are a major motivator for choosing vegan products. Vegan cheese appeals to ethically conscious consumers who want to avoid contributing to animal exploitation and support cruelty-free products.
5. Influence of Social Media and Celebrity Endorsements
Social Media Trends: Social media platforms like Instagram, TikTok, and YouTube play a significant role in promoting vegan cheese and other plant-based products. Influencers, food bloggers, and celebrities endorsing vegan diets and products have a strong impact on consumer behavior, driving awareness and demand.
Viral Recipes and Challenges: The popularity of plant-based recipes, cooking challenges, and "what I eat in a day" videos featuring vegan cheese has contributed to its mainstream acceptance and encouraged more consumers to try these products.
6. Expansion of Retail and Foodservice Channels
Increased Availability: Vegan cheese is becoming more widely available in mainstream grocery stores, specialty food shops, and online platforms. This increased accessibility is making it easier for consumers to incorporate vegan cheese into their diets.
Restaurant and Fast Food Adoption: More restaurants and fast-food chains are incorporating vegan cheese into their menus to cater to the growing demand for plant-based options. This trend is helping to normalize vegan cheese as a mainstream food choice and driving market growth.
7. Global Expansion
Emerging Markets: While North America and Europe are the leading markets, there is growing interest in vegan cheese in emerging markets such as Asia-Pacific and Latin America. Increasing awareness of plant-based diets, rising disposable incomes, and urbanization are contributing to the expansion of the vegan cheese market in these regions.
Localization of Flavors: Companies are developing region-specific vegan cheese flavors and formulations to cater to local tastes and preferences, further driving market adoption in diverse global markets.
8. Clean Label and Minimal Processing
Transparency and Ingredient Simplicity: Consumers are increasingly demanding transparency in the ingredients and manufacturing processes of their food products. Vegan cheese brands that emphasize clean labels, minimal processing, and the use of natural, non-GMO ingredients are gaining favor with health-conscious consumers.
9. Investment and Market Entry
Venture Capital and Investment: The growing interest in plant-based foods has attracted significant investment in the vegan cheese market. Venture capital firms and large food companies are investing in or acquiring vegan cheese brands, leading to increased research and development, product innovation, and market expansion.
New Market Entrants: The competitive landscape is expanding with the entry of new players, both from startups focused on plant-based innovations and established dairy companies diversifying into vegan alternatives. This influx of new products is contributing to the rapid growth and dynamism of the market.
10. Educational Campaigns and Consumer Awareness
Consumer Education: As awareness of plant-based diets and the benefits of vegan cheese grows, educational campaigns by brands, non-profits, and health organizations are playing a crucial role in informing consumers about the nutritional benefits and environmental impact of these products. This education is crucial for overcoming misconceptions and increasing market penetration.
In conclusion, the vegan cheese market is being shaped by a combination of health, environmental, and ethical factors, supported by innovations in product development and increased consumer access. These trends are likely to continue driving the growth and diversification of the vegan cheese market, making it a key segment within the broader plant-based food industry.
Segmentation:
Based on Product
Mozzarella
Cheddar
Parmesan
Ricotta
Cream Cheese
Based on Source
Soy
Almond
Cashew
Coconut
Based on End-use
B2C
B2B
Browse the full report –  https://www.credenceresearch.com/report/vegan-cheese-market
Browse Our Blog: https://www.linkedin.com/pulse/vegan-cheese-market-outlook-global-trends-forecast-analysis-2shyf
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Phone: +91 6232 49 3207
Website: https://www.credenceresearch.com
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Checking Out The Health And Wellness Conveniences Of Fermented Foods And Supplements
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When it concerns fermented meals and also supplements, you might be actually surprised due to the profound effect they can easily carry your health and wellness. The benefits stretch past what fulfills the eye, giving an one-of-a-kind combination of nutrients and also substances that may improve several components of your welfare. From sustaining your intestine health to increasing your invulnerable system and even affecting your mental quality, the world of fermentation keeps lots of interesting techniques waiting to be found. Thus, are you prepared to find just how these old-time methods can revolutionize your wellness routine?
The Science Behind Fermentation
Check out the intriguing science behind fermentation and also its influence on the health and wellness perks of meals and supplements. One cornerstone within this process is actually prohydrolase, an enzyme important for breaking healthy proteins right into digestible amino acids. Prohydrolase plays an important duty in enhancing healthy protein digestion, which can result in enhanced nutrient absorption and total health. Through breaking down healthy proteins successfully, prohydrolase assists the body make use of these essential structure blocks efficiently, supporting muscular tissue development, tissue fixing, and a variety of metabolic features. Integrating prohydrolase in to fermentation procedures can cause products with much higher bioavailability and nutritional value, providing consumers an extra helpful way to obtain the benefits of proteins in their diets. Recognizing the duty of prohydrolase in fermentation clarifies how these meals as well as supplements may positively influence your wellness.
Body Immune System Support
Enhance your body immune system with help from fermented meals as well as supplements abundant in beneficial probiotics as well as nutrients. By eating these instaminos, like those found in natural yogurt, kimchi, and also kefir, you can assist your body system's defense against harmful pathogens. Probiotics play a vital role in preserving a well-balanced intestine microbiome, which is carefully linked to immune system functionality. These favorable micro-organisms help control the invulnerable reaction, lower inflammation, and boost the production of antibodies. Analysis proposes that a balanced digestive tract plants can strengthen body immune system strength, making you much less at risk to infections and also health problems. Including a wide array of fermented foods items in your diet or even taking probiotic supplements can provide the needed instaminos to strengthen your immune defenses.
Mental Health and Fermented Foods
Fermented meals and supplements may favorably impact psychological health through sustaining gut-brain communication as well as affecting mood law. The gut-brain center plays a critical task in mental health, and consuming fermented items rich in probiotics may improve this relationship. Probiotics located in fermented meals like yogurt, kimchi, and kefir may help in reducing signs and symptoms of stress as well as depression by marketing the manufacturing of neurotransmitters like serotonin. Furthermore, specific fermented meals contain nootropic homes, which may enhance cognitive feature, moment, as well as total brain health and wellness. Through combining fermented items in to your diet, you can possibly increase your psychological clarity as well as psychological resilience. Think about including an assortment of fermented foods to your meals to assist your psychological wellness as well as wellness.
Incorporating Fermented Products
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To enjoy the mental health and wellness benefits of fermented foods items and also supplements like InstAminos, think about practical means to include these items into your regular diet regimen. Begin your time with a delectable breakfast of natural yogurt covered along with new fruits and a spread of granola, offering a dosage of probiotics to support your digestive tract health and wellness. For lunch, try adding kimchi or cabbage to your club sandwich or mixed greens as a savory probiotic boost. Snack on kefir or kombucha in the afternoon for a rejuvenating spark pulg that also advertises gut wellness. At supper, consist of miso soup as a side recipe to take pleasure in the advantages of its probiotic web content.
Final thought
To conclude, discovering the health benefits of fermented foods as well as supplements can bring about enhanced intestine health, enriched body immune system assistance, as well as far better mental clarity. Through incorporating items like yogurt, kimchi, as well as kefir in to your regular diet plan, you can easily experience a series of conveniences for your overall health. Therefore, why not give fermented foods a go and find the favorable influence they can carry your health?
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trendingreportz · 3 months
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Asia-Pacific Metal Packaging Coatings Market - Forecast(2024 - 2030)
Asia-Pacific Metal Packaging Coatings Market Overview
Asia-Pacific Metal Packaging Coatings Market size is forecast to reach US$1,990.4 million by 2027, after growing at a CAGR of 7.3% during 2022-2027. The preference for metal food & beverage containers in the Asia-Pacific region has been increasing rapidly, owing to its range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging. The development of new coating technologies which include Bisphenol A non-intent (BPA-NI) coatings are further fueling the growth of the market in the Asia-Pacific region. Moreover, increasing demand for metal packaging coatings from the pharmaceutical industry are further accelerating the growth of the market in the Asia-Pacific region. Also, strict regulations regarding the use of plastics in various countries across the Asia-Pacific region along with increasing product launches and developments associated with metal packaging is expected to increase the demand for metal packaging coatings for use in various end-use industries over the forecast period.
Covid-19 Impact
The COVID-19 outbreak led to major economic problems and challenges for the food & beverage, pharmaceutical, cosmetic, and other industries in the Asia-Pacific region. According to the International Monetary Fund (IMF), the GDP growth of the Asia declined by 1.3% and Australia by 2.4% as indicated in the graphs, owing to the economic impact of COVID-19. The governments all across the Asia-Pacific region announced strict measures to slow the spread of the coronavirus and only the production of essential commodities were allowed, which impacted the non-essential commodity industries, thereby impacting the production of metal packaging coatings as well. However, economic stimulus packages allotted for multiple sectors in the Asia-Pacific region and the start of industrial production activities since 2021 is improving the metal packaging coatings market growth in the Asia-Pacific region by its increasing utilization in various industries.
Report Coverage
The report: “Asia-Pacific Metal Packaging Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Asia-Pacific metal packaging coatings industry.
By Packaging Types: Food (2 piece and 3 piece), Caps & Closure (External and Internal), and General Line (External and Internal) By Coating Types: Water based, Solvent based, and Powder based. By Resins Type: Acrylic, Fluoropolymer, Urethanes, Epoxy (BPA and Non-BPA), Amines, and Others. By Application: Food (Sea Food, Meat, Infant Nutrition & Dairy, Vegetables, Catering, Biscuits, Cookies & Confectionary, Fats & Oils, Toppings, and Others), Pharmaceutical, Cosmetics, Personal Care, and Others. By Country: China, Japan, Thailand, Vietnam, India, Indonesia, Malaysia, and Rest of Asia-Pacific.
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Key Takeaways
China dominated the Asia-Pacific Metal Packaging Coatings Market in the year 2021. One of the key drivers driving the market is increasing use of metal packaging in food products such as fruits, vegetables, infant nutrition & dairy, bakery, and other similar products in order enhance the durability of metal packaging.
Increasing product launches for phenolic resins that are primarily used in a wide range of metal packaging coatings employed in food, pharmaceuticals, and other applications which require a smooth, durable, and spotless finish, has driven the market growth. For instance, In June 2020, companies such as Allnex GMBH, which has its presence in the Asia-Pacific region launched its new eco-friendly phenolic resin for use in BPAni application for metal packaging coatings.
Strict environmental regulations are driving metal packaging coating manufacturers in the Asia-Pacific region to adopt environmentally conscious practices, thus, the demand for water-based coatings are increasing significantly in the region.
Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Coating Types
The water based coating segment held the largest share in 2021 and is expected to grow at a CAGR of 8.2% by 2027. Water-based coating is an environmentally friendly surface treatment that disperses the resin used in the coatings using water as a solvent. They have a high degree of flexibility and reduce moisture and solar radiation absorption, thereby, resulting in fewer solvent emissions. The VOC (Volatile Organic Compounds) content in the water-based coating is significantly low, and since there are regulations restricting the high VOC content in Asia-Pacific is resulting in its increasing adoption by metal packaging coating manufacturers based in the region. For instance, in 2021, China launched its 14th Five-Year Plan, the chemical sector refocused its environmental protection goals on low-carbon transformation and comprehensive control of VOC emissions, as well as a considerable emphasis on encouraging low VOC products. Furthermore, as compared to solvent-based coatings, water-based coatings for metal packaging require less coating to cover the same surface area, cost less, and do not require any additives, thinners, or hardeners because they provide higher adherence. Thus, water-based barrier coatings are utilized to protect the metal packaging from external and internal effects by sealing the substrate surface. 
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Asia-Pacific Metal Packaging Coatings Market Segment Analysis - By Application
Food sector held the largest share with 66% in the Asia-Pacific Metal Packaging Coatings Market in 2021 and is anticipated to grow at a CAGR of 7.4% during the forecast period 2022-2027. Metal packaging cans, containers, tins, and more are utilized for the packaging of the food because these types of packaging maintain the food filling's flavors and nutritional content ranging from months to several years. However, the direct contact between the metal packaging and food content filled inside the cans and other types of packaging are not safe. The direct contact between metal and food can degrade the food content, owing to this food-friendly coating are applied to safeguard the packaged food from corroding metal. The shifting the focus of Asia-Pacific packaging manufacturers from plastic to metal is expected to drive up the demand for metal packaging coatings for food cans. This is further projected to expand the market growth in the Asia-Pacific region. According to UACJ Corporation, between 2019 and 2022, global demand for aluminium used in cans will rise 11% to 6.61 million tons per year. Southeast Asian countries are likely to account for half of that demand, according to the report. Thus, rising demand for cans will accelerate the production for aluminium cans, which further benefits the metal packaging coatings demand.
Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Country
China dominated the Asia-Pacific Metal Packaging Coatings Market in terms of revenue with a share of 59% in 2021 and is projected to dominate the market during the forecast period (2022-2026). In China, the metal packaging coatings market is fueled by the growth of the country’s food & beverage sectors. For instance, according to the China Chain Store & Franchise Association, China’s food and beverage sector was valued at around US$ 595 billion in 2019, an increase of 7.8% in comparison to 2018. Metal cans offer a range of benefits such as better food protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. In August 2020, ORG technology, the Chinese manufacturer of food cans, launched its white paper on the strategic development of food cans. The company focused on coated iron metal cans with moisture-proof, environmental protection, safety, corrosion resistance, anti-extrusion, and other characteristics to gain traction in the market. In this way, such increasing food production along with the development of food cans in China, owing to its various benefits as mentioned above, is expected to increase the demand for metal packaging coatings to further enhance the durability of such food cans. This is expected to accelerate the growth of the market in China during the forecast period.
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Asia-Pacific Metal Packaging Coatings Market Driver
Increasing Preference for Metal Containers in Food & Beverage Sector
Metal packaging coatings are primarily used to coat different metals such as steel, aluminum, tin-plate, and more that are used for food & beverage packaging in order to enhance its ability to resist corrosion. Metal containers offer a range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. For instance, vegetables, fruits, pet food, soups, and meats are often packaged in metal cans. Canning foods help prolong their shelf life and can help people afford to make healthy dietary choices. Similarly, soda, beer, and even wine are usually packaged in aluminum cans since aluminum beverage cans are the most recycled category for aluminum products, with nearly 50 percent of all cans recycled annually. Thus, all of these benefits of metal containers are driving its demand over other types of packaging. As a result, many companies in the Asia-Pacific region have begun packaging their food & beverages in metal containers. For instance, in February 2021, Responsible Whatr, a brand based in India, launched spring water in aluminum beverage cans made by Ball Corporation, a leading manufacturer of aluminum packaging. The company intends to create a brand that signifies sustainability and become a significant contributor to the circular economy. In July 2020, Showa Aluminum Can Corporation (SAC), metal packaging manufacturer, launched its third aluminum can manufacturing facility in Vietnam with an overall plant capacity of 1.3 billion cans per year in order to meet the growing demand for metal packaging from the food & beverage sectors of the country. Thus, such increasing preference and use of metal containers in the Asia-Pacific region are expected to increase the demand for metal packaging coatings to further enhance the durability of the metal containers, thus, accelerating the growth of the market in the Asia-Pacific region.
Growing Demand from the Pharmaceutical Industry
Metal packaging coatings are primarily used in the pharmaceutical industry in order to provide protection to the metal from atmospheric corrosion and support decoration, labeling, and consumer information. Its range of benefits such as impermeability to light, moisture, gases, and water, durability, light-weight, and ease of printing labels directly onto the metal surface make them ideal for use in the pharmaceutical industry. Thus, an increase in pharmaceutical production in the Asia-Pacific region is expected to drive the market growth during the forecast period. According to Vietnam’s Ministry of Health, the pharmaceuticals industry is expected to grow at the rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Also, according to International Trade Administration, the local pharmaceutical production in Japan reached up to US$59,958 in 2017, US$62,570 in 2018, US$87,027 in 2019, and US$84,600 in 2020 respectively. thus, indicating an increase in pharmaceutical production in Japan per year. An increase in pharmaceutical production is expected to drive the demand for metal packaging coatings in the pharmaceutical industry, thus accelerating the growth of the market in the upcoming years.
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Asia-Pacific Metal Packaging Coatings Market Challenges
Volatility of Raw Material Prices
Primary raw materials including resins, solvent, and more used in the production of metal packaging coatings are derived from crude oil. As a result, fluctuations in the prices of crude oil in the Asia-Pacific region may hinder the growth of the market. For instance, India’s Crude Oil Basket (COB) reached US$19.90 per barrel, which was the lowest record since February 2002. During the first 11 months of the year 2020-21, the average annual price of India’s COB was around US$42.72 per barrel, which decreased by 30% than the average COB price in 2019-20. Likewise, as per revised estimates for 2020-21, the COB has increased by around 35% from its initial budget estimate. Since October 2021, Vietnam has also witnessed a spike in demand for crude oil. According to the oil price, the price of light crude oil exceeded US$94.38 per barrel in February 2022, an increase of 3.63% that is equivalent to US$3.3, the highest record since November 2014. Similarly, the price of Brent crude oil also increased and reached up to US$95.39 per barrel, an increase of 1.98% which is equivalent to US$1.85.
Asia-Pacific Metal Packaging Coatings Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Asia-Pacific Metal Packaging Coatings Market. Asia-Pacific metal packaging coatings top 10 players include:
The Sherwin Williams Company
PPG Industries Inc.
AkzoNobel N.V.
Kansai Paint Co., Ltd.
Altana AG (Actega)
Henkel AG & Co. KGaA
Axalta Coating Systems Ltd.
Eason & Co.
Toyochem Co., Ltd.
Kangnam Jevisco Co., Ltd. and Others.
Recent Developments
In June 2021, AkzoNobel has invested in research and development activities associated with packaging coatings. The research is primarily focused on development of a new, and recyclable coating through use of bio-derived polyelectrolytes. These polyelectrolytes are 100% natural and are extracted from shrimp shells or waste from the wood processing industry. The versatility of natural polyelectrolytes will allow the company to become less dependent on synthesized polymers for packaging coatings.
In May 2021, ALTANA completed its acquisition of the closure materials business of Henkel group, a chemical and consumer goods manufacturing company with a strong regional presence in the Asia-Pacific region. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the metal packaging solutions business line including the Asia-Pacific region. The main objective of this acquisition is to strengthen the company’s focus on innovative specialty chemicals.
In March 2021, Toyochem launched a new line of Bisphenol A non-intent (BPA-NI) internal coatings for metal beverage bottles and cans. These coatings are based on acrylic emulsion and polyester resins. The new BPA-NI internal sprays and coil coatings for stay-on tab (SOT) ends are specially formulated to achieve the required performance results, while addressing BPA-related health and food safety concerns from regulators and consumers in the Asia-Pacific region and worldwide.
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pssitrade · 3 months
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How Does Leverage Work in Stock Trading?
In order to maximize the likely return on an asset, leverage in stock trading refers to borrowing money. Traders can control a superior position with less capital by by means of leverage, which is the procedure of borrowing money from their broker. Leverage upsurges losses in the event that the stock price failures while also increasing profits in the occasion that it rises. Thus, in order to stop large financial losses when using leverage, careful risk organization and a deep understanding of market dynamics are essential. 
Examining Financial Markets: Trading in Cryptocurrencies, Forex, plus Leveraged Stocks
Three main areas in the ever-changing world of financial markets has involved a lot of attention: leveraged stock trading, forex trading, then cryptocurrency trading services. Each one presents diverse chances and difficulties for traders. This part examines these topics and lists the properties and best performs for each.
Trading Services for Cryptocurrencies
Over the past ten years, the admiration of trading cryptocurrencies has full-grown, making digital assets like Bitcoin, Ethereum, and many others well recognized. The buying, selling, and trading of these simulated currencies across a range of stages is made calmer by cryptocurrency trading services. Tools like investigative charts, secure wallets for storage digital assets, and real-time price tracking are often offered by these facilities.
Seeing how volatile the market is, one of the key attractions of trading cryptocurrencies is the option of large profits. Still, there are serious risks related with this volatility. Traders must thus keep up with newscast and market developments that may have an influence on cryptocurrency prices. Investment protection needs using trustworthy trading facilities with strong security features and clear fee agendas. Currency Trading
Purchasing and selling currencies is a share of Forex Trading, also acknowledged as foreign exchange trading. Empathetic economic indicators, geopolitical growths, and market sentiment are necessary for fruitful forex trading. To help them make wise selections, traders frequently employ technical and important analysis. While fundamental analysis distillates on economic data, interest rates, and news proceedings, technical analysis inspects price charts and patterns. Platforms for Online Forex Trading
Retail traders now have improved access to forex trading cheers to the expansion of online forex trading platforms. Trader convenience, currency obtainability, customer service, and security landscapes are all significant considerations when selecting an online forex trading podium. To assist traders in honing their methods and tactics, a quality stage will also provide educational resources.
Brokers of Forex Trading
By yielding access to the market and enabling trades, forex trading brokers are vital players in the forex market. They deliver a variety of account kinds, choices for leverage, and trading conditions. In selecting a forex trading broker, traders ought to reflect competitive spreads, reliable customer support, and regulatory compliance. To make unquestionable that a broker's fee structure complements a trader's method, it is also serious to comprehend spreads, commissions, and any extra costs.
Use Leverage in Your Stock Trading
By borrowing money to purchase stocks, traders using leveraged stock trading can surge their potential profits. Traders can consequently control a larger position in the market with a lesser initial asset. Leverage can greatly increase profits, but it also increases the possibility of losing money. The trader may knowledge losses greater than or equal to the early investment if the stock price moves in contradiction of their position. Leverage stock trading thus requires careful risk management as well as a deep understanding of market subtleties.
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pranalipawarshinde · 3 months
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Sparkling Coffee - In-depth Insights, Revenue Details, Regional Analysis to 2024-2033 
Sparkling coffee is a type of coffee that is carbonated, similar to soda. It can be made by adding carbonated water to coffee, or by using a special sparkling coffee machine. The carbonation gives the coffee a fizzy, refreshing taste. Sparkling coffee is becoming increasingly popular, as people look for new and interesting ways to enjoy their coffee.
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Key Trends
The sparkling coffee trend began in Europe in the 1970s, with the invention of coffee soda. The popularity of coffee soda grew in the 1980s and 1990s, with many companies launching their own versions of the drink. In the 2000s, the trend began to spread to the United States, with the launch of Starbucks’ Fizzio line of sparkling coffees.
The key trends in sparkling coffee technology are the continued development of new and innovative ways to make the drink and the increasing popularity of sparkling coffee among consumers.
In terms of innovation, one of the most recent developments in sparkling coffee technology is the use of nitrogen gas to create a smoother, more creamy texture. This technique is used by some of the leading brands in the industry, such as Blue Bottle Coffee and Stumptown Coffee Roasters.
Another key trend is the increasing popularity of sparkling coffee among consumers. This is due to a number of factors, including the growing popularity of cold brew coffee, and the fact that sparkling coffee is a refreshing and convenient alternative to traditional hot coffee.
Key Drivers
Some of the key drivers of the Sparkling Coffee market are the growing popularity of sparkling coffee drinks, the health benefits of coffee, and the increasing demand for healthy and convenient beverages.
Sparkling coffee drinks have become popular in recent years, as they offer a refreshing and convenient alternative to traditional coffee. Sparkling coffee is made by adding carbon dioxide to coffee, which gives it a fizzy, bubbly texture. These drinks are often flavored with syrups or fruit juices, and can be enjoyed hot or cold.
The health benefits of coffee are another key driver of the Sparkling Coffee market. Coffee is a rich source of antioxidants and has been linked to a lower risk of several chronic diseases, including cancer, heart disease, and type 2 diabetes.
The increasing demand for healthy and convenient beverages is also driving the growth of the Sparkling Coffee market. Consumers are increasingly looking for beverages that offer health benefits and are easy to consume on the go. Sparkling coffee drinks fit this trend, as they are often packaged in single-serve cans or bottles and do not require any preparation.
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marketpattern · 4 months
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 Citrus Fruit Concentrate Puree Market Strategies for Growth, Segmentation, and Market Overview by 2024-2031
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The "Citrus Fruit Concentrate Puree Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.
What is the projected market size & growth rate of the Citrus Fruit Concentrate Puree Market?
Market Analysis and Insights:
Global Citrus Fruit Concentrate Puree Market
The citrus fruit concentrate puree market is expected to witness market growth at a rate of 6.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on citrus fruit concentrate puree market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for organic products globally is escalating the growth of citrus fruit concentrate puree market.
Fruit concentrate puree refers to a thick semi-liquid substance that is extracted from various fruits possessing a nice rich flavour and thickness. These concentrate puree’s are widely deployed in the production of numerous end-use products such as jams, spreads, bakery products, juices, and dairy products, among others.
The rise in the in urban population and busy lifestyle across the globe acts as one of the major factors driving the growth of citrus fruit concentrate puree market. The continuous technological development across food processing industry offering efficient supply chain practices, improved production rate, and better profitability, and changing consumer preferences for packaged and convenience foods accelerate the market growth. The high adoption of the product among food manufacturing companies owning to various factors, such as ease of handling, low water content, better shelf life, and reduced weight and volume, and high utilization in various industries including dairy, bakery, confectionary and beverages, further influence the market. Additionally, surge in the disposable income, urbanization, high demand for healthy food products, rise in population, and rise in number of health-conscious consumers positively affect the citrus fruit concentrate puree market. Furthermore, increase in demand from baby food products and formula due to high content of essential vitamins and nutrients, and strong demand for health drinks and shakes among sportsperson extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, post-harvest losses, particularly during storage, processing of fruits, and transportation, are expected to obstruct the market growth. The increase in trade deficit in terms of fresh & processed fruits is projected to challenge the citrus fruit concentrate puree market in the forecast period of 2021 to 2028.
This citrus fruit concentrate puree market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on citrus fruit concentrate puree market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Citrus Fruit Concentrate Puree market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Citrus Fruit Concentrate Puree Market.
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Which are the driving factors of the Citrus Fruit Concentrate Puree market?
The driving factors of the Citrus Fruit Concentrate Puree market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Citrus Fruit Concentrate Puree across various industries further propel market expansion.
Citrus Fruit Concentrate Puree Market - Competitive and Segmentation Analysis:
Global Citrus Fruit Concentrate Puree Market, By Product Type (With Sugar, No Added Sugar), Concentration (Liquid, Powder), Fruit Type (Lemon, Orange), Application (Food, Beverage), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Citrus Fruit Concentrate Puree market?
The major players covered in the citrus fruit concentrate puree market report are Symrise, Huiyuan Juice, Grunewald Fruchtsaft GmbH, Ingredion Incorporated, DENNICK FRUITSOURCE, LLC., CitroGlobe S.r.l., LemonConcentrate S.L., The Perfect Purée of Napa Valley, CANLA, S.C.A., Vita-Pakt Citrus Products, Greenwood Associates, Inc.,  Rahal Foods, PACIFIC COAST FRUIT PRODUCTS LTD., Nielsen Citrus Products, Bordas distillations Chinchurreta SA, and Ventura Coastal, LLC, among other domestic and global players.
Short Description About Citrus Fruit Concentrate Puree Market:
The Global Citrus Fruit Concentrate Puree market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Citrus Fruit Concentrate Puree. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Citrus Fruit Concentrate Puree Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Citrus Fruit Concentrate Puree in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Citrus Fruit Concentrate Puree market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Citrus Fruit Concentrate Puree Market Research/Analysis Report Contains Answers to your following Questions
What are the global trends in the Citrus Fruit Concentrate Puree market?
Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Citrus Fruit Concentrate Puree?
What are the upcoming industry applications and trends for Citrus Fruit Concentrate Puree market?
What Are Projections of Global Citrus Fruit Concentrate Puree Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Citrus Fruit Concentrate Puree?
What are the raw materials used for Citrus Fruit Concentrate Puree manufacturing?
How big is the opportunity for the Citrus Fruit Concentrate Puree market?
How will the increasing adoption of Citrus Fruit Concentrate Puree for mining impact the growth rate of the overall market?
How much is the global Citrus Fruit Concentrate Puree market worth? What was the value of the market In 2020?
Who are the major players operating in the Citrus Fruit Concentrate Puree market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Citrus Fruit Concentrate Puree Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Citrus Fruit Concentrate Puree Market Insights and Forecast to 2031
Introduction
Market Segmentation
Executive Summary
Premium Insights
Market Overview
Citrus Fruit Concentrate Puree Market By Type
Citrus Fruit Concentrate Puree Market By Function
Citrus Fruit Concentrate Puree Market By Material
Citrus Fruit Concentrate Puree Market By End User
Citrus Fruit Concentrate Puree Market By Region
Citrus Fruit Concentrate Puree Market: Company Landscape
SWOT Analysis
Company Profiles
Continued...
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Data Bridge Market Research:
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umichenginabroad · 4 months
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Classes, routine, and...a giant puppy?
Week 2
So far, it's been a busy and eventful two weeks here in San Sebastian! I've met a lot of people, gotten accustomed to my way around town, and have started to settle into my routine for the next 8 weeks. This post will mainly be dedicated to my university schedule and daily life (but also some fun tidbits from the week thrown in as well).
School Life
Since my program is a research internship, I'm here for a longer period of time than others. Up until this point, a group from Penn State was also here taking a 2 week design class, so a lot of the activities we did were with them as well. I'll be starting my research at some point this week because as of Friday, we just completed our Introduction to Research course. The course went over the basic principles of research methods, data collection/analysis, literature review, intellectual property rights, and more (you get the gist of it). For each lesson, we would have a different professor come in to teach it. I liked the way this was set up since it was helpful to get introduced to other members of staff from the university, along with having people we could contact later on for advice or resources. Class was everyday starting at 9am-11am, then a roughly 15 minute coffee/snack break, resuming from 11:15am-1pm. We would mostly have plenty of time to finish assignments in class, whether it was a hands-on coding lab or a short presentation to do. The schedule was another thing that I liked, since class ended in the early afternoon and we would have plenty of time to rest, explore the downtown, go to the beach, or go with the peer mentors to an activity they had planned. From the hotel where I'm staying, the walk is decently nice! I enjoy going on walks and this one is a comfortable 15ish minutes, which compared to walking across Ann Arbor's campus, isn't really that bad at all. I have some pics of the journey to class, and notice that the sidewalks are made entirely of tile, something that I thought was neat:
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Also, the weather kinda fluctuates during the day. It can go from being really rainy in the morning to being bright and sunny by the time class ends (much like our beloved Michigan weather).
Meals
Before class, I eat breakfast at the hotel since we have this included with our housing. It's buffet style, so a wide range of options, and there's a cook who you tell your order to after choosing from what they can make (pancakes, scrambled eggs, bacon, etc.). Below is an example of a typical breakfast spread.
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For the first two weeks, lunch has been included at the university's canteen. After class ends at 1pm, we take our lunch ticket to the cafeteria and can choose two dishes along with either a dessert, yogurt, or fruit. Everyday the options change, but usually there's some type of pasta, fish dish, meat dish, salad, or beans/soup.
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Featured here are some ribs, a vegetable rice dish, vanilla pudding, and fries on the left. On the right are some fish empanadillas, a strawberry yogurt, and fries. From now on, lunch and dinner are on me. Because of this, I have my next topic that I wanna talk about:
Markets!
You won't find a typical Walmart or Meijer in San Sebastian; those types of places aren't really a thing here. Instead, smaller markets are the way to go. One of the first ones that I went to was called Todotodo Spar, and it reminded me more of a 7-11 but with a wider variety of products and fresh fruits. It's the type of store you would go to when doing some small shopping, like picking up a few items (in my case some conditioner since I forgot to bring some). On a larger scale, Super Amara is an upgraded version of that. An equivalent would be a Kroger, but the products sold are more of fresh/gourmet produce. It's all very reasonably priced, with a meat, cheese, and fish section, along with selling things like cosmetics and household stuff too. There are also a lot of independent fruit/vegetable stand shops as well. These are dedicated just for that purpose, but have to be eaten within the week because it's super fresh. I ended up buying a quarter watermelon from one and it was easily a top tier purchase. If you want the freshest of the fresh, go to a place like Más que fruta!
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~ live, laugh, love, watermelon ~
NOW, onto some things I did this week so bear with me here we're not done yet. I surfed? Partially. More like got thrown around by the waves and a lot of seawater in my stomach. Still very fun though and would try again! Took a day trip to Bilbao for the Guggenheim museum. I keep trying to think of how to describe it and the words that come to mind are unique, eerie, odd, interesting, and puzzling? Modern art isn't exactly my favorite thing, I find it intriguing for sure and to each their own but there's much to ponder about in those exhibits. One of the larger exhibits featured spirals that you could walk through and it really made me feel like I was wandering through an acorn. It was also a little trippy. You're probably wondering what I meant by puppy in the title of this post, well here's your answer...
Say hello to Puppy, the guard dog of the Guggenheim!
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and here's a guest star appearance of me from another exhibit which felt like I was inside of a christmas ornament.
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Enough yapping from me, hope you enjoy following along with my adventures!
In the wise words of a shirt I found at bershka, "Full inspiration today, periodt"
Emily Dobao
Biomedical Engineering
IPE San Sebastian, Spain
June 2nd, 2024
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Unlocking the Potential of JRFX Forex Leverage
Forex trading is a captivating market that provides numerous opportunities for profit. One of the most powerful tools in the arsenal of forex traders is leverage. Leverage allows traders to control large positions with relatively small amounts of capital, thereby amplifying both potential gains and risks. JRFX, a renowned forex trading platform, offers robust leverage options designed to help traders maximize their returns. This article will explore how to unlock the full potential of JRFX forex leverage and make the most of your trading endeavors.
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Understanding Forex Leverage
Leverage in forex trading is essentially borrowed capital provided by a broker that allows traders to increase their market exposure beyond what their own capital would permit. For example, with a leverage ratio of 100:1, you can control $100,000 in the forex market with just $1,000 of your own money. This capacity to amplify positions enables traders to achieve significant returns on relatively small investments.
However, leverage also magnifies the risks. While it can lead to substantial profits, it can equally result in significant losses if the market moves unfavorably. Therefore, responsible use of leverage is crucial.
Benefits of Using JRFX Forex Leverage
Enhanced Market Exposure
One of the primary benefits of JRFX forex leverage is the ability to gain enhanced exposure to the forex market. This increased exposure allows you to take advantage of more trading opportunities, potentially leading to higher profits. By controlling larger positions, you can capitalize on even small market movements, making your trading efforts more fruitful.
Efficient Capital Utilization
Leverage allows for more efficient use of your trading capital. Instead of allocating all your funds to a single trade, you can distribute smaller amounts across multiple positions. This diversification not only spreads risk but also provides the potential for greater overall returns.
Access to Advanced Trading Tools
JRFX provides traders with an array of advanced trading tools and resources. These include technical analysis indicators, real-time market data, and customizable trading platforms. Leveraging these tools can help you make informed decisions and optimize your trading strategies, thus enhancing the effectiveness of your leveraged trades.
Strategies for Maximizing the Potential of JRFX Forex Leverage
Develop a Robust Trading Plan
A solid trading plan is the foundation of successful forex trading, especially when using leverage. Your plan should clearly outline your trading goals, risk tolerance, and strategies for entering and exiting trades. Having a well-defined plan helps maintain discipline and reduces the likelihood of impulsive decisions that could lead to losses.
Implement Risk Management Techniques
Effective risk management is essential when trading with leverage. Utilize stop-loss orders to automatically close positions if the market moves against you by a predetermined amount. This helps limit potential losses and protect your capital. JRFX offers various risk management tools to assist you in maintaining control over your trades.
Diversify Your Trading Portfolio
Diversification is a key strategy to manage risk in forex trading. By spreading your capital across multiple trades, you reduce the impact of any single adverse market movement on your overall portfolio. This approach helps mitigate risk and enhances the potential for consistent returns.
Stay Informed and Updated
The forex market is influenced by a myriad of factors, including economic data, political events, and market sentiment. Staying informed about these factors is crucial for making sound trading decisions. JRFX provides access to real-time market news and analysis, ensuring you have the latest information at your disposal.
Adjust Leverage Ratios Appropriately
Monitor your leverage ratio and adjust it according to your risk tolerance and market conditions. While high leverage can lead to substantial profits, it also increases the risk of significant losses. Finding the right balance is critical for long-term success in forex trading.
Realizing the Full Potential with JRFX
To truly unlock the potential of JRFX forex leverage, traders must combine a strategic approach with the powerful tools and resources provided by JRFX. Here’s how you can make the most out of this opportunity:
Leverage JRFX’s Educational Resources
JRFX offers a wealth of educational resources, including webinars, tutorials, and market analysis. These resources are invaluable for both novice and experienced traders looking to enhance their knowledge and improve their trading strategies. By taking full advantage of these educational materials, you can develop a deeper understanding of leverage and its effective use in forex trading.
Utilize JRFX’s Advanced Trading Platforms
The advanced trading platforms provided by JRFX are designed to cater to the needs of all types of traders. These platforms come equipped with a range of technical analysis tools, customizable charts, and real-time data feeds. By using these features, you can make more informed trading decisions and effectively manage your leveraged positions.
Regularly Review and Refine Your Strategies
The forex market is dynamic and constantly evolving. To stay ahead, it’s important to regularly review and refine your trading strategies. JRFX ( https://www.jrfx.com/?804 ) offers analytical tools that allow you to assess the performance of your trades and make necessary adjustments. Continuous improvement is key to maximizing the potential of JRFX forex leverage.
JRFX forex leverage is a powerful tool that can significantly enhance your trading performance when used responsibly. By developing a robust trading plan, implementing effective risk management techniques, and utilizing the advanced tools and resources provided by JRFX, you can unlock the full potential of leverage and achieve your trading goals. Remember to stay informed, adapt to market conditions, and continuously refine your strategies to make the most of your forex trading experience with JRFX.
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industryforecastnews · 5 months
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Sodium Nitrite Market Size To Reach $580.8Mn By 2030
Sodium Nitrite Market Growth & Trends
The global sodium nitrite market size is expected to reach USD 580.8 million by 2030, as per a new report by Grand View Research, Inc. registering a CAGR of 4.2% from 2023 to 2030. The demand is attributed to the increasing demand for preservatives in the food & beverage industry. Preservatives help increase food items' shelf-life by delaying the spread of pathogens and microorganisms. Thus, sodium nitrite is highly used to enhance the flavor of meat and maintain its original color (making it look more appealing and presentable to consumers), while preventing bacterial growth.
In the pharmaceutical sector, sodium nitrite is a well-known chemical molecule. Its most common application is as an antidote for cyanide poisoning, as it is quite effective even in severe cases. It is used in the production of saccharin and caffeine and is commonly utilized as a raw material and preservative in pharmaceutical formulations like eye drops. Since sodium nitrite contains nitrogen, the product can be utilized as a control agent in a variety of medicines. It is also utilized as a butadiene antifoaming agent and a raw material for aminopyrine and sulpyrine antipyretic analgesics. Thus, multiple applications of the product in the pharmaceutical industry indicate that the growth of this industry is expected to drive the demand for pharmaceutical-grade sodium nitrite in the coming years.
The growing consumer acceptance of processed food in countries like China, India, Japan, and others is likely to bolster the demand for the product in the Asia Pacific. China is the world's largest consumer of food and beverages. The processed meat market of China majorly includes beef, pork, poultry, mutton, and others, which require the use of sodium nitrite as a preservative, thus driving the demand for the product market.
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Sodium Nitrite Market Report Highlights
Food & beverages application accounted for the largest market revenue share of over 66% in 2022. The growth is attributed to the increasing demand for the product as a preservative in processed meat and other food items
The pharmaceuticals segment was the second-largest application and is predicted to attain a CAGR of 4.7% over the forecast period, owing to its ability to act as a raw material or control agent for the development of several medicines used for treating muscular dystrophy, neurotransmission imbalances, epilepsy, and others
Asia Pacific dominated the regional segment with a revenue share of over 71% in 2022 due to the growth of the meat processing and food & beverage industries in the region
The increase in population and rising per capita disposable income drive the food and beverage market. According to a China Chamber of Commerce article published in 2020, the beverage market which includes drinks, vegetable juices, and fruits generated revenue of USD 39,330 million, thus driving the demand for the product in the country
Europe accounted for the second largest market share of over 16% in 2022 due to the changing consumer preference toward processed food over cooked food in the region. In the European Union (EU), sodium nitrite is approved as a food additive and is used to prevent microbial growth in meat, cheese, and fish products as it helps to improve the flavor while protecting it against botulism
Sodium Nitrite Market Segmentation
Grand View Research has segmented the global sodium nitrite market based on application and region:
Sodium Nitrite Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Food & Beverages
Pharmaceuticals
Others
Sodium Nitrite Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Asia Pacific
China
India
Japan
Central & South America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
List of Key Players in the Sodium Nitrite Market
Deepak Nitrite Ltd.
Airedale Chemical Company Ltd.
BASF SE
Shijizhuang Fengshan Chemical Co., Ltd.
Ural Chem JSC
Linyi Liguang Chemical Co., Ltd.
Radiant Indus Chem Pvt. Ltd.
Yingfengyuan Industrial Group Limited
SABIC
Chemtrade Logistics
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chemicalsectorupdates · 5 months
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Unlocking the Potential of Citrus Pectin: Market Analysis and Applications
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Citrus Pectin Market is expanding rapidly driven by rising health awareness The Citrus Pectin Market comprises products extracted from the peel or pulp of citrus fruits such as lemon, orange and lime. Citrus pectin is a hydrocolloid derived from citrus fruit waste like peels and possesses gelling, thickening and stabilizing properties. It is used extensively as a gelling and thickening agent by food industries in products like jams, jellies, fruit spreads, dairy, bakery and confectionery items. Citrus pectin aids in texture enhancement and binding qualities while improving nutritional profiles. It is favored for low calorie content yet provides bulk and fiber. Citrus pectin also benefits digestive health by promoting gut microbial diversity and regular bowel movements. The Global Citrus Pectin Market is estimated to be valued at US$ 580.6 Mn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the Citrus Pectin market are Herbstreith & Fox GmbH, Cargill Inc., CP Kelco, DSM Andre Pectin, Silvateam S.p.A, DuPont de Nemoursm Inc., Naturex A.G., Compañía Española de Algas Marinas S.A. (CEAMSA), and Krishna Pectins Pvt. Ltd. The growing demand for health and wellness products is fueling the Citrus Pectin market. Citrus pectin is gaining popularity as a digestive health enhancer and prebiotic dietary fiber. It finds applications in various functional foods and supplements. Citrus Pectin market is expanding globally with growth in emerging economies of Asia Pacific and Latin America. Rising health awareness and improving economic conditions are encouraging consumption of nutritional foods using ingredients like citrus pectin. Market Key Trends Demand for clean label and natural ingredients is a key trend in the food industry. Citrus Pectin being a natural hydrocolloid extracted from citrus peel waste without chemical modifications, fits well with the clean label concept. Growing consumer preference for natural ingredients over artificial or synthetic additives is creating opportunities for citrus pectin. The possibility of citrus pectin to control calories while providing textures is also driving its use in weight management functional food products.
Porter's Analysis Threat of new entrants: New entrants may face higher costs related to establishing brand awareness, manufacturing facilities and distribution channels. Bargaining power of buyers: Buyers have moderate bargaining due to availability of substitutes. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of substitute raw materials. Threat of new substitutes: Substitute products like guar gum, xanthan gum and agar act as competitive substitutes. Competitive rivalry: The market is highly competitive due to presence of major global players. Geographical Regions The citrus pectin market in North America accounts for the largest share of around 30% of the global market in terms of value. This can be attributed to increasing demand for natural and plant-based food ingredients in the region. The citrus pectin market in Asia Pacific is expected to witness the fastest CAGR of around 7.4% during the forecast period. Rising health consciousness among consumers as well as growing food processing industries in countries like China and India are driving market growth in the region.
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European Energy Bar Market: A Comparative Analysis of Key Players
In recent years, the European energy bar market has experienced significant growth, fueled by the increasing demand for convenient and nutritious on-the-go snacks. These bars, packed with proteins, fibres, and vitamins, have become a go-to option for consumers seeking a quick energy boost. As the market continues to expand, several key players are dominating the industry with their innovative products and marketing strategies. In this blog, we will delve into a comparative analysis of these top players in the Europe Energy Bars Market.
The Rise of Energy Bars in Europe
The concept of energy bars originated in the United States, but their popularity quickly spread to Europe as consumers embraced the convenience and health benefits they offer. Today, the European energy bar market is a thriving landscape with a diverse range of products catering to various tastes and dietary preferences. Whether you're a fitness enthusiast, a busy professional, or simply looking for a nutritious snack, there's an energy bar tailored to your needs.
Key Players in the European Energy Bar Market
1. Clif Bar & Company
Overview: Clif Bar & Company is a well-established player in the energy bar market, known for its organic and sustainably sourced ingredients. The company's commitment to providing nutritious and great-tasting bars has garnered a loyal customer base.
Product Range: Clif Bar offers a diverse range of flavours, including Chocolate Chip, White Chocolate Macadamia Nut, and Blueberry Crisp. Their bars are often targeted towards athletes and outdoor enthusiasts.
Marketing Strategy: Clif Bar emphasises its sustainability efforts, appealing to environmentally conscious consumers. Their packaging and ingredients reflect this commitment to eco-friendliness.
2. Kind LLC
Overview: Kind LLC is another prominent player in the Europe energy bar market, recognized for its simple ingredients and transparent labelling. The company focuses on providing wholesome snacks without artificial additives.
Product Range: Kind bars are known for their nutty and fruit-infused flavours, such as Almond & Coconut, Dark Chocolate Nuts & Sea Salt, and Peanut Butter Dark Chocolate.
Marketing Strategy: Kind's marketing highlights its commitment to using whole ingredients and providing a healthier alternative to traditional snacks. Their bars often appeal to health-conscious individuals seeking natural options.
3. PowerBar
Overview: PowerBar has a strong presence in the European market, offering a wide range of energy bars tailored for different purposes, from pre-workout fuel to post-exercise recovery.
Product Range: PowerBar's portfolio includes Performance Energy bars, ProteinPlus bars, and Ride Energy bars, each designed to meet specific nutritional needs.
Marketing Strategy: PowerBar focuses on the performance aspect of its products, targeting athletes and fitness enthusiasts. Their marketing often highlights the bars' effectiveness in supporting energy levels and muscle recovery.
4. Grenade
Overview: Grenade has gained popularity in Europe for its high-protein bars, appealing to consumers looking to boost protein intake and support muscle growth.
Product Range: Grenade's Carb Killa bars come in an array of indulgent flavours, such as Chocolate Chip Cookie Dough, White Chocolate Salted Peanut, and Dark Chocolate Raspberry.
Marketing Strategy: Grenade's marketing revolves around its high-protein content and low sugar, catering to fitness enthusiasts and those following a high-protein diet.
5. Nature Valley (General Mills)
Overview: Nature Valley, owned by General Mills, offers a range of granola bars and nut bars that have become staples in the European energy bar market.
Product Range: Nature Valley's bars come in classic flavours like Oats & Honey, Peanut Butter, and Coconut & Almond. They are often marketed as wholesome snacks for any time of day.
Marketing Strategy: Nature Valley emphasises its use of natural ingredients like whole grain oats and nuts. Their bars are positioned as a convenient and tasty way to fuel busy lifestyles.
Market Trends and Future Outlook
The Europe energy bar market is witnessing several trends that are shaping its future:
Plant-Based: There is a growing demand for plant-based energy bars as consumers prioritise sustainability and health. Brands are incorporating ingredients like nuts, seeds, and plant proteins to cater to this trend.
Functional Ingredients: Consumers are seeking bars with added functional benefits such as probiotics, adaptogens, and antioxidants. Brands are innovating to include these ingredients to appeal to health-conscious buyers.
Online Retail: With the rise of e-commerce, many energy bar brands are focusing on their online presence. Direct-to-consumer models and partnerships with online retailers are becoming crucial for reaching a wider audience.
Personalization: Customizable bars, where consumers can choose their ingredients and nutritional profiles, are gaining traction. This trend reflects the desire for tailored nutrition solutions.
Conclusion
The Europe energy bar market is a dynamic and competitive landscape with several key players vying for consumer attention. From Clif Bar's sustainable ethos to Grenade's high-protein offerings, each brand brings something unique to the table. As consumer preferences continue to evolve, innovation, sustainability, and health-conscious choices will likely drive the market forward. Whether you're looking for a quick post-workout snack or a nutritious bite on-the-go, the diverse range of energy bars in Europe ensures there's something for everyone's taste and dietary needs.
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vipinmishra · 6 months
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Organic Farming Market Forecast 2027 By Top Companies, Trends, and Growth Analysis
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Increasing demand for certified organic products and health concern are driving the growth in global organic farming market in the forecast period, 2023-2027.
According to TechSci Research report, “Organic Farming Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global organic farming market stood at USD119.23 million in 2021 and is expected to grow at a CAGR of 8.04% during the forecast period on account of the growing demand for certified organic products worldwide. The growing demand for various product type such as Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and others are expected to support the market growth through 2027.
Besides, the COVID-19 pandemic has contributed to increased demand for organic products as consumers prefer healthy food products, which help build immunity. This, in turn, fueled the market growth of organic farming in 2020. Moreover, the entry of a large number of food industries and retailers into the organic agriculture sector is further expected to drive market growth through 2027.
Also, increasing government funding in the sector of agriculture and preferential trade agreements across the globe are expected to foster market growth during the forecast period. Potential scientific innovation in the sector of Organic Farming to enhance the growth yield is also one of the reasons to boost up the market of global organic farming. Additionally, various public sector and private sector investments in organic agriculture research are helping to enhance the growth of the organic farming market.
However, pest infestations, agricultural epidemics that divert resources from organic agriculture, pressure of the agrochemical industry on farmers, lack of farmer training facilities are further expected to restrict and slow down the market growth. Furthermore, lack of awareness among the farmer population, especially in the developing and under-developed countries, is expected to hamper the market growth during the forecast period.
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The global organic farming market is segmented based on type, method, source, ownership, crop type, company, and regional distribution.
In terms of type, the market can be split into Pure Organic Farming and Integrated Organic Farming. Pure organic farming dominates the market in 2021 due to the growing demand for pure organic products globally, and it requires natural technique to grow crops which does not have any effect on health.
In terms of method, the market can be categorized into the market can be divided into Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, and Others. Crop rotation dominates the market in 2021 with a share of 22.83% as crop rotation is mainly used by farmers all over the globe. Based on source, the market is split into plant based and animal based.
Based on ownership, the market is fragmented into Inhouse Farming and Contract Farming. Based on crop type, the market can be fragmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others.
Key market players in the Organic Farming market include:
Bayer AG
IFOAM Organics International
BASF SE
Dow Chemical Company
Solvay SA
ZUWA Organic Farms Pvt Ltd
Camson Bio Technologies Limited
The Indian Organic Farmers Producer Company Limited (IOFPCL)
Organic Farmers Co.
Picks Organic Farm
Italpollina SPA
BioStar Organics
Terramera Plant Health
MycoSolutions AG
Global organic farming market includes a lot of well-established players having a presence in several countries along with several domestic players holding prominent positions in certain regions and countries, among others. Bayer AG holds the highest market share and is among the top five market players globally. IFOAM organics international ranks second in terms of market share in the overall organic farming market. The company has a strong presence worldwide and a huge brand value.
Additionally, other prominent players such as BASF SE, Dow Chemical Company, Solvay SA, Picks Organic Farm, ZUWA Organic Farms Pvt Ltd, among others, hold a significant position in the global organic farming market.
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“The Asia Pacific region will register the fastest CAGR during the forecast period. This can be attributed to the large and growing demand for organic products in the region, especially in countries like China, India, and Japan. Additionally, supportive government policies and agriculture schemes launched across different countries in the region are expected to support market growth. For instance, the Cultivable land area in India under organic farming has more than doubled from 11.83 lakh hectares in 2014 to 29.17 lakh hectares in 2020.
Also, as per international resource data from the Research Institute of Organic Agriculture (FiBL) and the International Federation of Organic Agriculture Movements (IFOAM) Statistics 2020, India holds 9th position in terms of certified agricultural land with 1.94 million hectares.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
“Organic Farming Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Pure Organic Farming v/s Integrated Organic Farming), By Method (Crop Rotation, Polyculture, Mulching, Cutting, Composting, Weed Management, Soil Management, Others), By Source (Plant Based, Animal Based), By Ownership (Inhouse Farming and Contract Farming), By Crop Type (Cereals & Grains, Oilseeds & Pulses & Fruits & Vegetables, Others), By Region”, has evaluated the future growth potential of global organic farming and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global organic farming market.
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trendingreportz · 3 months
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Asia-Pacific Metal Packaging Coatings Market - Forecast(2024 - 2030)
Asia-Pacific Metal Packaging Coatings Market Overview
Asia-Pacific Metal Packaging Coatings Market size is forecast to reach US$1,990.4 million by 2027, after growing at a CAGR of 7.3% during 2022-2027. The preference for metal food & beverage containers in the Asia-Pacific region has been increasing rapidly, owing to its range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging. The development of new coating technologies which include Bisphenol A non-intent (BPA-NI) coatings are further fueling the growth of the market in the Asia-Pacific region. Moreover, increasing demand for metal packaging coatings from the pharmaceutical industry are further accelerating the growth of the market in the Asia-Pacific region. Also, strict regulations regarding the use of plastics in various countries across the Asia-Pacific region along with increasing product launches and developments associated with metal packaging is expected to increase the demand for metal packaging coatings for use in various end-use industries over the forecast period.
Covid-19 Impact
The COVID-19 outbreak led to major economic problems and challenges for the food & beverage, pharmaceutical, cosmetic, and other industries in the Asia-Pacific region. According to the International Monetary Fund (IMF), the GDP growth of the Asia declined by 1.3% and Australia by 2.4% as indicated in the graphs, owing to the economic impact of COVID-19. The governments all across the Asia-Pacific region announced strict measures to slow the spread of the coronavirus and only the production of essential commodities were allowed, which impacted the non-essential commodity industries, thereby impacting the production of metal packaging coatings as well. However, economic stimulus packages allotted for multiple sectors in the Asia-Pacific region and the start of industrial production activities since 2021 is improving the metal packaging coatings market growth in the Asia-Pacific region by its increasing utilization in various industries.
Report Coverage
The report: “Asia-Pacific Metal Packaging Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Asia-Pacific metal packaging coatings industry.
By Packaging Types: Food (2 piece and 3 piece), Caps & Closure (External and Internal), and General Line (External and Internal) By Coating Types: Water based, Solvent based, and Powder based. By Resins Type: Acrylic, Fluoropolymer, Urethanes, Epoxy (BPA and Non-BPA), Amines, and Others. By Application: Food (Sea Food, Meat, Infant Nutrition & Dairy, Vegetables, Catering, Biscuits, Cookies & Confectionary, Fats & Oils, Toppings, and Others), Pharmaceutical, Cosmetics, Personal Care, and Others. By Country: China, Japan, Thailand, Vietnam, India, Indonesia, Malaysia, and Rest of Asia-Pacific.
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Key Takeaways
China dominated the Asia-Pacific Metal Packaging Coatings Market in the year 2021. One of the key drivers driving the market is increasing use of metal packaging in food products such as fruits, vegetables, infant nutrition & dairy, bakery, and other similar products in order enhance the durability of metal packaging.
Increasing product launches for phenolic resins that are primarily used in a wide range of metal packaging coatings employed in food, pharmaceuticals, and other applications which require a smooth, durable, and spotless finish, has driven the market growth. For instance, In June 2020, companies such as Allnex GMBH, which has its presence in the Asia-Pacific region launched its new eco-friendly phenolic resin for use in BPAni application for metal packaging coatings.
Strict environmental regulations are driving metal packaging coating manufacturers in the Asia-Pacific region to adopt environmentally conscious practices, thus, the demand for water-based coatings are increasing significantly in the region.
Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Coating Types
The water based coating segment held the largest share in 2021 and is expected to grow at a CAGR of 8.2% by 2027. Water-based coating is an environmentally friendly surface treatment that disperses the resin used in the coatings using water as a solvent. They have a high degree of flexibility and reduce moisture and solar radiation absorption, thereby, resulting in fewer solvent emissions. The VOC (Volatile Organic Compounds) content in the water-based coating is significantly low, and since there are regulations restricting the high VOC content in Asia-Pacific is resulting in its increasing adoption by metal packaging coating manufacturers based in the region. For instance, in 2021, China launched its 14th Five-Year Plan, the chemical sector refocused its environmental protection goals on low-carbon transformation and comprehensive control of VOC emissions, as well as a considerable emphasis on encouraging low VOC products. Furthermore, as compared to solvent-based coatings, water-based coatings for metal packaging require less coating to cover the same surface area, cost less, and do not require any additives, thinners, or hardeners because they provide higher adherence. Thus, water-based barrier coatings are utilized to protect the metal packaging from external and internal effects by sealing the substrate surface. 
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Asia-Pacific Metal Packaging Coatings Market Segment Analysis - By Application
Food sector held the largest share with 66% in the Asia-Pacific Metal Packaging Coatings Market in 2021 and is anticipated to grow at a CAGR of 7.4% during the forecast period 2022-2027. Metal packaging cans, containers, tins, and more are utilized for the packaging of the food because these types of packaging maintain the food filling's flavors and nutritional content ranging from months to several years. However, the direct contact between the metal packaging and food content filled inside the cans and other types of packaging are not safe. The direct contact between metal and food can degrade the food content, owing to this food-friendly coating are applied to safeguard the packaged food from corroding metal. The shifting the focus of Asia-Pacific packaging manufacturers from plastic to metal is expected to drive up the demand for metal packaging coatings for food cans. This is further projected to expand the market growth in the Asia-Pacific region. According to UACJ Corporation, between 2019 and 2022, global demand for aluminium used in cans will rise 11% to 6.61 million tons per year. Southeast Asian countries are likely to account for half of that demand, according to the report. Thus, rising demand for cans will accelerate the production for aluminium cans, which further benefits the metal packaging coatings demand.
Asia-Pacific Metal Packaging Coatings Market Segment Analysis – By Country
China dominated the Asia-Pacific Metal Packaging Coatings Market in terms of revenue with a share of 59% in 2021 and is projected to dominate the market during the forecast period (2022-2026). In China, the metal packaging coatings market is fueled by the growth of the country’s food & beverage sectors. For instance, according to the China Chain Store & Franchise Association, China’s food and beverage sector was valued at around US$ 595 billion in 2019, an increase of 7.8% in comparison to 2018. Metal cans offer a range of benefits such as better food protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. In August 2020, ORG technology, the Chinese manufacturer of food cans, launched its white paper on the strategic development of food cans. The company focused on coated iron metal cans with moisture-proof, environmental protection, safety, corrosion resistance, anti-extrusion, and other characteristics to gain traction in the market. In this way, such increasing food production along with the development of food cans in China, owing to its various benefits as mentioned above, is expected to increase the demand for metal packaging coatings to further enhance the durability of such food cans. This is expected to accelerate the growth of the market in China during the forecast period.
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Asia-Pacific Metal Packaging Coatings Market Driver
Increasing Preference for Metal Containers in Food & Beverage Sector
Metal packaging coatings are primarily used to coat different metals such as steel, aluminum, tin-plate, and more that are used for food & beverage packaging in order to enhance its ability to resist corrosion. Metal containers offer a range of benefits such as better product protection, durability, sustainability, affordability, light-weight, and more in comparison to other types of packaging such as paper or plastic packaging. For instance, vegetables, fruits, pet food, soups, and meats are often packaged in metal cans. Canning foods help prolong their shelf life and can help people afford to make healthy dietary choices. Similarly, soda, beer, and even wine are usually packaged in aluminum cans since aluminum beverage cans are the most recycled category for aluminum products, with nearly 50 percent of all cans recycled annually. Thus, all of these benefits of metal containers are driving its demand over other types of packaging. As a result, many companies in the Asia-Pacific region have begun packaging their food & beverages in metal containers. For instance, in February 2021, Responsible Whatr, a brand based in India, launched spring water in aluminum beverage cans made by Ball Corporation, a leading manufacturer of aluminum packaging. The company intends to create a brand that signifies sustainability and become a significant contributor to the circular economy. In July 2020, Showa Aluminum Can Corporation (SAC), metal packaging manufacturer, launched its third aluminum can manufacturing facility in Vietnam with an overall plant capacity of 1.3 billion cans per year in order to meet the growing demand for metal packaging from the food & beverage sectors of the country. Thus, such increasing preference and use of metal containers in the Asia-Pacific region are expected to increase the demand for metal packaging coatings to further enhance the durability of the metal containers, thus, accelerating the growth of the market in the Asia-Pacific region.
Growing Demand from the Pharmaceutical Industry
Metal packaging coatings are primarily used in the pharmaceutical industry in order to provide protection to the metal from atmospheric corrosion and support decoration, labeling, and consumer information. Its range of benefits such as impermeability to light, moisture, gases, and water, durability, light-weight, and ease of printing labels directly onto the metal surface make them ideal for use in the pharmaceutical industry. Thus, an increase in pharmaceutical production in the Asia-Pacific region is expected to drive the market growth during the forecast period. According to Vietnam’s Ministry of Health, the pharmaceuticals industry is expected to grow at the rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Also, according to International Trade Administration, the local pharmaceutical production in Japan reached up to US$59,958 in 2017, US$62,570 in 2018, US$87,027 in 2019, and US$84,600 in 2020 respectively. thus, indicating an increase in pharmaceutical production in Japan per year. An increase in pharmaceutical production is expected to drive the demand for metal packaging coatings in the pharmaceutical industry, thus accelerating the growth of the market in the upcoming years.
Asia-Pacific Metal Packaging Coatings Market Challenges
Volatility of Raw Material Prices
Primary raw materials including resins, solvent, and more used in the production of metal packaging coatings are derived from crude oil. As a result, fluctuations in the prices of crude oil in the Asia-Pacific region may hinder the growth of the market. For instance, India’s Crude Oil Basket (COB) reached US$19.90 per barrel, which was the lowest record since February 2002. During the first 11 months of the year 2020-21, the average annual price of India’s COB was around US$42.72 per barrel, which decreased by 30% than the average COB price in 2019-20. Likewise, as per revised estimates for 2020-21, the COB has increased by around 35% from its initial budget estimate. Since October 2021, Vietnam has also witnessed a spike in demand for crude oil. According to the oil price, the price of light crude oil exceeded US$94.38 per barrel in February 2022, an increase of 3.63% that is equivalent to US$3.3, the highest record since November 2014. Similarly, the price of Brent crude oil also increased and reached up to US$95.39 per barrel, an increase of 1.98% which is equivalent to US$1.85.
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Asia-Pacific Metal Packaging Coatings Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Asia-Pacific Metal Packaging Coatings Market. Asia-Pacific metal packaging coatings top 10 players include:
The Sherwin Williams Company
PPG Industries Inc.
AkzoNobel N.V.
Kansai Paint Co., Ltd.
Altana AG (Actega)
Henkel AG & Co. KGaA
Axalta Coating Systems Ltd.
Eason & Co.
Toyochem Co., Ltd.
Kangnam Jevisco Co., Ltd. and Others.
Recent Developments
In June 2021, AkzoNobel has invested in research and development activities associated with packaging coatings. The research is primarily focused on development of a new, and recyclable coating through use of bio-derived polyelectrolytes. These polyelectrolytes are 100% natural and are extracted from shrimp shells or waste from the wood processing industry. The versatility of natural polyelectrolytes will allow the company to become less dependent on synthesized polymers for packaging coatings.
In May 2021, ALTANA completed its acquisition of the closure materials business of Henkel group, a chemical and consumer goods manufacturing company with a strong regional presence in the Asia-Pacific region. Within the ALTANA Group, the business will be integrated into the ACTEGA division and globally assigned to the metal packaging solutions business line including the Asia-Pacific region. The main objective of this acquisition is to strengthen the company’s focus on innovative specialty chemicals.
In March 2021, Toyochem launched a new line of Bisphenol A non-intent (BPA-NI) internal coatings for metal beverage bottles and cans. These coatings are based on acrylic emulsion and polyester resins. The new BPA-NI internal sprays and coil coatings for stay-on tab (SOT) ends are specially formulated to achieve the required performance results, while addressing BPA-related health and food safety concerns from regulators and consumers in the Asia-Pacific region and worldwide.
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sabri1980 · 6 months
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**Becoming a Great Trader: The Path to Success**
Financial market trading may be an exciting and fruitful activity. But it's also a trip fraught with difficulties and unknowns. Learning to trade well takes commitment, self-control, and ongoing education regardless of experience level. We'll go over the essential ideas and tactics in this tutorial to help you develop into a successful trader.
**Understanding the Basics**
Understanding the basics is crucial before entering the world of trading. Buying and selling financial items including derivatives, stocks, currencies, and commodities with the intention of turning a profit is known as trading. The three most popular types of trading are swing, day, and long-term investment.
**Education is Key**
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Learning is one of the first steps to becoming a profitable trader. Invest some time in learning about risk management methods, trading tactics, and financial markets. Numerous materials are at one's disposal, such as books, webinars, and online courses. To hone your skills without risking real money, think about starting a demo trading account.
**Develop a Trading Plan**
To be successful in the markets, a trading plan needs to be well outlined. Your trading strategy should include your objectives, risk tolerance, and trade entry and exit tactics. Whether you use technical analysis, fundamental analysis, or a combination of the two, identify your trading style. To preserve your wealth, set reasonable profit targets and follow stringent risk management guidelines.
**Manage Your Risk**
Probably the most important part of trading is risk management. Never take on more risk in a single deal than you can bear to lose. To control your losses and follow the right position sizing guidelines, use stop-loss orders. Avoid investing all of your money in a single position by spreading out your bets across a variety of assets. Recall that the secret to long-term success is protecting your cash.
**Emotional Discipline**
In trading, emotional control is essential. Common traps that might result in rash judgements and losses include fear and greed. Even when the market is volatile, learn to maintain composure and objectivity. Remain true to your trading strategy and refrain from going after rapid gains. Recognise that trading will inevitably result in losses, and concentrate on sticking to your strategy over time.
**Continuous Learning**
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Since the financial markets are always changing, it's important to keep up with the most recent trends and advancements. Attend webinars, keep up with credible financial news sources, and interact with other traders to share thoughts and ideas. Regularly review your transactions to find areas of strength and weakness so you can adapt as necessary. A lifetime of studying and adapting is required to become a successful trader.
**Stay Disciplined**
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The secret to long-term trading uccess is consistency. Adhere to your trading plan and resist the need to stray from it because of feelings or urges. Whether it's adhering to stringent risk management guidelines or setting predetermined entry and exit criteria, maintain discipline in your trading practice. Maintaining your discipline can help you better handle the market's ups and downs.
*Patience Pays Off**
In trading, patience is a virtue. It's important to wait for the perfect opportunities to arise because not every trade will be profitable. Refrain from over trading or following trending suggestions. Rather, concentrate on high-quality opportunities that fit your risk tolerance and trading approach. Recall that long-term planning and consistent, well-informed decision-making are key components of effective trading.
**Conclusion**
Being a successful trader is a path that calls for commitment, self-control, and never-ending education. You may improve your chances of making money in the financial markets by learning the fundamentals, creating a solid trading strategy, controlling your risk, and maintaining discipline. Never stop learning, practise self-control over your emotions, and have patience. If you are persistent and determined, you may reach your objectives and excel as a trader.
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sjsuraj · 7 months
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Scanning the Future: Unveiling Trends, Key Players, and Lucrative Growth Avenues in the Barcode Printers and Consumables Market
The barcode printer and consumable market is expected to be worth US$ 4,586.4 million in 2023. Sales are expected to expand at a solid 6.2% CAGR, hitting US$ 7,881.1 million by 2033. The increased usage of barcodes in the manufacturing industry is driving growth, which will enhance demand for barcode printers and supplies in the coming years.
According to the market research report from FMI, the production sector’s increased acceptance of barcodes and inventive ideas that drive companies to create industry-specific barcodes are the causes of the changing market dynamics.
Customer-centric production is further advanced with the advent of customization, AI-based analysis, and innovative content suggestions, fueling the sales of barcode printers and consumables. This strategy is adopted by the major players in the market. Modern-age data collection technologies such as barcode scanners and fruitful marketing techniques involving consumables are pushing the producers to adopt barcodes, which eventually expands barcode printers and consumables market size.
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The advent of wireless barcode printers and consumables in its industrial application as well as its usage in desktops creates lucrative opportunities for the barcode printers and consumables market.
However, the memory system and programmable logic controllers create failed attempts to decline the sales of barcode printers and consumables.
Key Takeaways from the Market Study:
United States holds 30.3% of the global barcode printers and consumables market and is anticipated to hold its position with a CAGR of 9.0% during the forecast period. The growth is attributed to a higher number of retail stores and spreading digitization.
China holds 8.3% of global barcode printers and consumables market and is likely to hold its position with a CAGR of 6.0% during the forecast period. The growth is owed to the demand for higher efficiency, automation, and increased manufacturing units.
Another Asian market, Japan thrives at a CAGR of 7.0 in the global barcode printers and consumables market, attributing its growth to the higher demand from pharmaceuticals and logistics industries.
Direct thermal printers are the most successful based on the printing technology due to the lower impact on the environment due to the elimination of poly-based binding materials.
The healthcare industry is the biggest application segment in the barcode printers and consumables market.
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