#Indonesia Cold Chain Logistics Market
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Indonesia Cold Chain Logistics Market Scope, Trends, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting, and Market research firm, in its recent study, estimated Indonesia Cold Chain Logistics Market size by value at USD 4.97 billion in 2023.During the forecast period between 2024 and 2030, BlueWeave expects Indonesia Cold Chain Logistics Market size to expand at a CAGR of 10.60% reaching a value of USD 10.22 billionin 2030. Indonesia Cold Chain Logistics Market is driven by the increasing demand for temperature-sensitive products like pharmaceuticals, fresh food, and frozen goods. Rising consumer awareness of food safety and quality standards boosts demand for advanced cold chain solutions. Additionally, the expansion of e-commerce and online grocery platforms is fueling the need for efficient cold storage and transportation. Government initiatives to improve infrastructure, including cold storage facilities and transportation networks, further support market growth in Indonesia.
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Opportunity – Implementing Advanced Technologies like IoT, AI, and Blockchain
The integration of advanced technologies such as IoT, AI, and blockchain is significantly driving the growth of Indonesia Cold Chain Logistics Market. IoT-enabled sensors enhance real-time monitoring of temperature and humidity, ensuring product integrity. AI-driven predictive analytics optimize route planning and reduce delivery times, while blockchain provides secure and transparent tracking of goods throughout the supply chain. These technologies improve operational efficiency, reduce losses, and increase trust among stakeholders, boosting market demand.
Impact of Escalating Geopolitical Tensions on Indonesia Cold Chain Logistics Market
Escalating geopolitical tensions impact Indonesia Cold Chain Logistics Market by disrupting supply chains and increasing costs due to trade restrictions and tariffs. These tensions can lead to delays in the delivery of goods, impacting the efficiency of cold chain operations. Companies may face higher transportation and compliance costs, which could be passed on to consumers. Additionally, uncertainties may deter foreign investments and complicate cross-border logistics, affecting market stability and growth.
Indonesia Cold Chain Logistics Market
Indonesia Cold Chain Logistics Market – By Application
By application, Indonesia Cold Chain Logistics Market is divided into Horticulture (Fresh Fruits & Vegetables), Dairy Products (Milk, Butter, Cheese, Ice Cream, etc.), Fish, Meat, and Poultry, Processed Food Products, Pharma and Life Sciences, Other Applications (Chemicals, Bakery Product, etc.) segments. The fish, meat, and poultry segment is the largest in Indonesia Cold Chain Logistics Market. This dominance is driven by the high demand for temperature-sensitive food products, particularly seafood, and meat, which require efficient cold chain logistics to maintain quality and safety. Indonesia’s significant consumption of fish and meat, along with growing exports, further boosts this segment, making it the leading contributor within the market compared to other segments like horticulture and dairy products.
Competitive Landscape
Indonesia Cold Chain Logistics Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Kiat Ananda Group, Enseval Putra Megatrading Tbk, PT MGM Bosco Logistics Bekasi, GAC Samudera Logistics, Pluit Cold Storage PT., PT. International Mega Sejahtera, YCH Group, PT. Wira Logitama Saksama, PT. Agility International, PT Halal Logistic Multi Terminal Indonesia, PT Dua Putra Perkasa Pratama, and other prominent players. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Indonesia Cold Chain Logistics Market.
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#Indonesia Cold Chain Logistics Market#Indonesia Cold Chain Logistics Industry#Cold Chain Logistics Market#Cold Chain Logistics Industry#Cold Chain Logistics Market Size#Cold Chain Logistics Market Share
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Dairy Concentrates Market Forecast: Trends and Growth Projections
The global dairy concentrates market has experienced significant growth in recent years, driven by factors such as increasing consumer demand for convenient, value-added products, and innovations in dairy processing. Dairy concentrates, which include milk powders, condensed milk, evaporated milk, and whey concentrates, are used in various applications, ranging from infant formula to dairy-based beverages and processed food products. The forecast for the dairy concentrates market indicates continued expansion, underpinned by shifts in consumer preferences, rising health consciousness, and technological advancements in dairy processing.
Key Market Drivers
Consumer Demand for Convenience The ongoing trend toward convenience is a major driver for the dairy concentrates market. Busy lifestyles and the increasing adoption of ready-to-consume products have led consumers to prefer concentrated dairy options that are quick to prepare and require minimal storage space. Powdered milk, for instance, is highly favored for its long shelf life and versatility, especially in developing regions.
Growing Demand for Nutritional and Fortified Dairy Products Consumers are increasingly focused on health and nutrition, contributing to the demand for dairy concentrates enriched with vitamins, minerals, and other essential nutrients. Dairy concentrates, particularly in the form of powdered milk, provide a quick and easy source of protein, calcium, and other nutrients vital for various age groups. Moreover, the demand for dairy-based supplements for infants and the elderly is expected to further boost market growth.
Rising Population and Urbanization The global population is expected to continue growing, particularly in developing countries, where urbanization and rising disposable incomes are expanding the middle class. These demographic changes are expected to drive demand for dairy concentrates, particularly in emerging economies in Asia-Pacific, Latin America, and Africa. With more people moving to urban centers, the need for dairy products in smaller, more accessible forms, such as milk powders and condensed milk, is anticipated to rise.
Technological Advancements Technological innovations in dairy processing are improving the production and quality of dairy concentrates, making them more cost-effective and accessible. Advances in spray-drying technology, which is used to produce milk powder, have enabled manufacturers to improve the texture, taste, and solubility of their products. Additionally, innovations such as cold chain logistics and enhanced packaging are helping to extend the shelf life of dairy concentrates and improve distribution channels, particularly in remote regions.
Market Challenges
While the dairy concentrates market shows promising growth, it faces several challenges:
Price Volatility in Raw Materials The price of raw materials such as milk and whey can fluctuate significantly due to factors such as climate conditions, government policies, and changes in supply-demand dynamics. These price fluctuations impact the cost structure of dairy concentrate manufacturers and, in turn, affect the overall market price. Manufacturers must navigate these volatility issues while ensuring product affordability for consumers.
Health Concerns Over Dairy Despite the increasing demand for dairy concentrates, some consumers are shifting away from traditional dairy products due to concerns over lactose intolerance, allergies, and vegan diets. This has led to the growth of plant-based alternatives. While dairy concentrates are still in high demand, these shifting consumer preferences present a challenge for dairy manufacturers, prompting the need for innovation and diversification into non-dairy products.
Regional Outlook
Asia-Pacific Asia-Pacific is expected to dominate the global dairy concentrates market during the forecast period. Countries such as China, India, and Indonesia are seeing rapid urbanization and growth in disposable income, leading to increased demand for dairy-based products, including concentrates. The region's growing population, coupled with an increasing preference for dairy as a source of nutrition, is anticipated to drive market growth.
North America and Europe The North American and European markets are mature but remain significant players in the global dairy concentrates market. In these regions, dairy concentrates are primarily used in the food and beverage industry, particularly in confectionery, dairy-based beverages, and infant formulas. Increased health awareness and demand for nutritional products are likely to sustain growth in these regions, with more emphasis on organic and fortified dairy concentrates.
Conclusion
The dairy concentrates market is poised for continued growth, driven by consumer demand for convenience, health-conscious products, and population growth. While challenges such as price volatility and dietary shifts may impact the market, technological advancements and innovations in dairy processing are expected to support the market’s expansion. The increasing demand for fortified and nutritional dairy products, especially in emerging economies, positions dairy concentrates as a key player in the global food and beverage industry in the coming years.
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The Growing Fruit Import Market in Indonesia: Trends and Key Players
Indonesia, renowned for its tropical bounty, is home to a variety of exotic fruits such as mangosteen (Manggis), snake fruit (Salak), dukuh, and sirsak. Despite its rich agricultural landscape, the country has emerged as one of the world's leading fruit importers, driven by a growing population and increasing consumer demand for high-quality, fresh produce. This article explores the dynamics of Indonesia's fruit import market, the key players involved, and the logistics of shipping through its major ports.
Why Does Indonesia Import Fruits?
Indonesia's fruit import landscape is shaped by several factors:
High Domestic Demand: Local farmers often struggle to meet the diverse preferences of consumers, leading to an influx of imported fruits.
Limited Cold Storage: The underdeveloped cold storage facilities hinder the preservation and transportation of perishable goods.
Logistics Challenges: Inadequate infrastructure raises logistics costs, complicating the supply chain for fresh produce.
Handling Practices: Outdated handling methods for fresh fruits contribute to the need for imports.
Despite being a top global producer of tropical fruits such as avocados, pineapples, and bananas, Indonesia imports significant quantities to satisfy both local and international demands.
Fruit Imports Overview
In the 2023-2024 period, Indonesia imported 361 shipments of fruit, primarily from countries like Australia, Thailand, and China. The total value of fruit imports was estimated at $1.45 billion, with apples, grapes, pears, cherries, oranges, and mandarins leading the list of imported fruits.
Key Import Statistics:
Top Tropical Fruits: Mangosteen, snake fruit, dukuh, rose apple, sirsak, and passionfruit.
Leading Import Countries: Australia, Thailand, China, and the United States.
Popular Imported Fruits and Varieties:
In the Indonesian fruit import market, several key fruits and their popular varieties stand out.
Apples
Apples, for instance, are imported mainly in varieties such as Fuji, Granny Smith, and Honeycrisp, with primary sourcing from China, the United States, and South Africa.
Grapes
Grapes come in red, green, and black varieties, primarily imported from Chile, Peru, and South Africa.
Pears
Pears, including Bartlett, Anjou, and Bosc varieties, are sourced mainly from China, the United States, and South Africa.
Cherries
Cherries, both sweet and sour, are predominantly imported from the United States, Chile, and Turkey.
Oranges
For oranges, popular varieties include Navel, Valencia, and blood oranges, mainly coming from the United States, Spain, and Brazil.
Mandarins
Lastly, mandarins, particularly tangerines and satsumas, are primarily imported from China, Spain, and Morocco.
This diverse range of fruits reflects the growing consumer demand for high-quality produce in Indonesia's market.
Leading Fruit Importers in Indonesia
Several companies dominate the fruit import market in Indonesia, sourcing high-quality produce from around the globe. Here are some key players:
PT Lock Lock Indonesia: The top importer, handling 40% of total shipments.
Pacific Supplies Company, Inc.: Shares a 40% market presence with two shipments.
PT Laris Manis Utama: Specializes in importing premium fruits such as grapes and apples.
PT Sewu Segar Nusantara: The sole distributor of Sunpride fruits, focusing on bananas and pineapples.
PT Matahari Sakti: Deals in both fresh and dried fruits from various international markets.
The Role of Indonesia's Shipping Ports
Efficient logistics are crucial for the success of fruit imports, and Indonesia's shipping infrastructure plays a vital role. The country's major sea and container ports facilitate the smooth movement of goods.
Key Shipping Ports in Indonesia:
Port of Tanjung Priok: The largest and busiest port, serving as the main gateway for imports and exports.
Port of Surabaya: A significant hub for shipping, especially for goods destined for eastern Indonesia.
Port of Makassar: Plays a crucial role in trade for the eastern regions of the archipelago.
These ports are equipped to handle a variety of shipping containers, ensuring that fresh produce arrives promptly and in optimal condition.
Final Thoughts
The increasing demand for diverse and high-quality fruits is driving the growth of Indonesia's fruit import market. Importers like PT Lock Lock Indonesia and PT Laris Manis Utama play pivotal roles in sourcing global fruits to meet local needs. As logistics and cold storage capabilities improve, Indonesia is set to continue enhancing its fruit import landscape.
For those interested in entering the Indonesian market or seeking insights on fruit importation, platforms like IndonesiaTradeData.com offer valuable resources and data, ensuring stakeholders are well-equipped to navigate this dynamic sector.
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The Rise of Onion Exporter Companies in India: A Comprehensive Overview
India, known as the land of spices and diverse agricultural products, holds a prominent position in the global market for various produce, especially onions. As a staple in culinary practices worldwide, the demand for onions has consistently soared, making it one of the most traded vegetables globally. Indian onion exporter companies have capitalized on this demand, playing a crucial role in the global supply chain. In this blog, we will explore the dynamics of onion exporting in India, the challenges faced by exporters, and the key players in the market.
1. India’s Dominance in Onion Production
India is the second-largest producer of onions in the world, contributing approximately 20-25% of the global output. The country's diverse climatic conditions and rich soil fertility make it an ideal place for onion cultivation. The major onion-producing states in India include Maharashtra, Karnataka, Gujarat, Bihar, and Madhya Pradesh. Among these, Maharashtra leads with the highest production, significantly contributing to India's export volume.
2. The Onion Export Market in India
India’s onion export market is vast, with the country exporting onions to over 90 countries. The key markets include Bangladesh, Malaysia, UAE, Sri Lanka, and Indonesia. Indian onions are popular globally due to their pungency, taste, and long shelf life. The different varieties, such as the Red Onion, White Onion, and Pink Onion, cater to diverse culinary preferences worldwide.
3. Key Players in the Indian Onion Export Market
Several companies in India have established themselves as leading onion exporters, known for their quality produce and robust supply chain mechanisms. Here are some key players:
Nashik-based exporters: Nashik, in Maharashtra, is often referred to as the onion capital of India. Companies from this region, such as Agrion, are known for their vast networks and efficient export processes.
Farmers Fresh Zone: This company has made a mark by promoting farm-to-fork supply, ensuring fresh onions are delivered to international markets.
Kinal Global Care Private Limited: Known for its commitment to quality, Kinal Global Care has a significant presence in the Middle East and Southeast Asia.
These companies are characterized by their strong logistics networks, adherence to quality standards, and commitment to maintaining the freshness of their produce.
4. Challenges Faced by Onion Exporters in India
Despite the lucrative opportunities in the global market, onion exporters in India face several challenges:
Price Volatility: The onion market is highly volatile, with prices fluctuating due to seasonal factors, domestic demand, and international market conditions. This volatility can impact the profitability of exporters.
Regulatory Hurdles: Indian onion exporters often grapple with government regulations, such as export bans or restrictions during periods of domestic shortage. These regulations, while aimed at stabilizing domestic prices, can disrupt export operations.
Quality Standards: Meeting the stringent quality and safety standards required by international markets is another challenge. Exporters must ensure that their produce is free from pests, has a uniform size, and meets the residue levels for pesticides.
Logistics and Transportation: Efficient transportation and storage are critical for maintaining the quality of onions during transit. Exporters need to invest in cold storage facilities and efficient logistics networks to prevent spoilage and ensure timely delivery.
5. Technological Advancements in Onion Exporting
To overcome these challenges, many Indian onion exporters are embracing technological advancements. The use of blockchain technology for traceability, automated sorting and grading machines, and digital platforms for market intelligence are helping companies streamline their operations and improve the quality of their exports.
Blockchain for Traceability: Blockchain technology allows exporters to provide detailed information about the origin, cultivation practices, and quality checks of the onions. This transparency builds trust with international buyers and ensures compliance with global standards.
Automated Sorting and Grading: Modern machinery enables precise sorting and grading of onions, ensuring that only the best quality produce reaches the international market. This automation reduces human error and enhances efficiency.
Digital Platforms: Exporters are increasingly using digital platforms to access real-time market data, price trends, and demand forecasts. This information helps them make informed decisions and optimize their supply chain.
6. Sustainability in Onion Exporting
Sustainability is becoming a critical aspect of the global food supply chain, and Indian onion exporters are not far behind in adopting sustainable practices. From reducing the use of pesticides to implementing water-efficient irrigation methods, companies are making efforts to minimize their environmental footprint.
Water-Efficient Irrigation: Onion cultivation requires significant water, and exporters are promoting drip irrigation and other water-saving technologies to conserve this vital resource.
Eco-Friendly Packaging: To reduce plastic waste, many exporters are shifting towards biodegradable packaging solutions. This move is not only environmentally friendly but also appeals to eco-conscious consumers in international markets.
7. The Future of Onion Exporting in India
The future of onion exporting in India looks promising, with several factors driving growth:
Rising Global Demand: With the global population increasing and more countries incorporating onions into their diets, the demand for Indian onions is expected to rise.
Expansion into New Markets: Indian exporters are exploring new markets in Europe, Africa, and North America, diversifying their customer base and reducing dependency on traditional markets.
Government Support: The Indian government is taking steps to support agricultural exports, including onions, through initiatives like the Agriculture Export Policy. This policy aims to boost export volumes and promote India as a global agricultural powerhouse.
8. Conclusion
Onion exporter companies in India play a vital role in the global agricultural landscape. Despite the challenges, the sector has shown resilience and adaptability, driven by technological advancements, a focus on quality, and a commitment to sustainability. As global demand for onions continues to grow, Indian exporters are well-positioned to capitalize on new opportunities and solidify their status as leading players in the international market.
India's onion export market is not just about trading a vegetable; it reflects the country's agricultural prowess, the entrepreneurial spirit of its exporters, and the global appeal of its produce. With continued innovation and support, Indian onion exporters are set to reach new heights in the coming years.
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Riding the Wave: Navigating the Asia-Pacific Shrimp Market amidst Changing Consumer Lifestyles
In the vast expanse of the Asia-Pacific region, where culinary traditions blend with modern tastes, the shrimp market stands as a testament to the region's rich gastronomic heritage. Shrimp, a delicacy enjoyed across continents, holds a special place on the plates of many Asian-Pacific consumers. However, as lifestyles evolve and preferences shift, the dynamics of the Asia-Pacific shrimp market are witnessing significant transformations.
Understanding the Asia-Pacific Shrimp Market
The Asia-Pacific shrimp market is a powerhouse in the global seafood industry, with countries like China, India, Thailand, Indonesia, and Vietnam leading the production and consumption charts. Blessed with abundant aquatic resources and a rich seafood culture, these nations have long been pivotal players in shaping the global shrimp trade.
Impact of Changing Consumer Lifestyles
Consumer lifestyles in the Asia-Pacific region are undergoing rapid changes, influenced by factors such as urbanization, globalization, health consciousness, and sustainability concerns. These shifts are leaving a profound impact on the shrimp market:
Health Consciousness: With growing awareness of health and nutrition, consumers are increasingly seeking healthier dietary options. Shrimp, being a low-calorie and high-protein food, perfectly aligns with these preferences. Consequently, there's a surge in demand for value-added shrimp products, such as peeled, deveined, and ready-to-cook variants, catering to time-pressed urban consumers.
Convenience: Busy lifestyles and changing eating habits have fueled the demand for convenient food solutions. Quick-cooking shrimp products, including pre-marinated or pre-seasoned varieties, are gaining popularity among consumers looking for hassle-free meal options without compromising on taste and quality.
Sustainability: Concerns over environmental sustainability and responsible sourcing are reshaping consumer choices. Sustainable shrimp farming practices, such as aquaculture certifications and organic farming methods, are becoming key differentiators for brands aiming to capture eco-conscious consumers. Additionally, there's a growing preference for traceable seafood supply chains, ensuring transparency and ethical sourcing practices.
Cultural Influences: Despite embracing global culinary trends, consumers in the Asia-Pacific region remain deeply rooted in their cultural traditions. Shrimp, being a versatile ingredient in Asian cuisines, continues to be an integral part of regional culinary heritage. From spicy Thai curries to Japanese sushi rolls, shrimp-based dishes hold a cherished place in the hearts and palates of consumers across Asia-Pacific.
Opportunities and Challenges
While changing consumer lifestyles present lucrative opportunities for players in the Asia-Pacific shrimp market, they also pose certain challenges:
Supply Chain Resilience: Ensuring a resilient and efficient supply chain is crucial to meet the evolving demands of consumers. Factors like transportation infrastructure, cold chain logistics, and seasonal fluctuations in shrimp production need to be carefully managed to maintain market competitiveness.
Quality and Safety Standards: Maintaining high standards of quality and safety is imperative to build consumer trust and loyalty. Stringent regulations, adherence to food safety protocols, and investments in quality assurance mechanisms are essential for market players to uphold their reputation in the industry.
Environmental Sustainability: Balancing the growing demand for shrimp with the need for environmental sustainability remains a pressing challenge. Addressing issues such as habitat degradation, water pollution, and disease management in shrimp farming is crucial to ensure the long-term viability of the industry.
Conclusion
The Asia-Pacific shrimp market stands at a crossroads, poised for growth amidst the winds of change blowing through consumer lifestyles. By embracing innovation, sustainability, and consumer-centric strategies, industry stakeholders can capitalize on emerging opportunities and navigate the complexities of the market landscape. As the region continues to evolve, one thing remains certain – the enduring allure of shrimp will continue to captivate the taste buds of consumers across Asia-Pacific and beyond.
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Indonesia Cold Storage Market 2023: Unveiling Growth Opportunities, Innovations, and Industry Dynamics
Preserving Freshness: Indonesia's Cold Storage Market in 2023
Indonesia, a country known for its diverse agricultural produce, is witnessing a remarkable surge in the demand for cold storage solutions. The cold storage market in Indonesia has been undergoing significant growth, serving as a crucial link in the supply chain for preserving perishable goods. As we delve into 2023, Indonesia's cold storage market showcases promising advancements and strategic developments.
Market Overview
The Indonesia cold storage market plays a pivotal role in maintaining the quality and extending the shelf life of perishable products such as fruits, vegetables, dairy, seafood, and pharmaceuticals. This market has witnessed substantial growth owing to increasing urbanization, evolving consumer preferences for quality products, and a burgeoning e-commerce sector that demands efficient cold chain logistics.
Trends and Innovations
In 2023, the Indonesia cold storage market is experiencing a wave of innovation and technological advancements. Cold storage facilities are increasingly adopting smart technologies for temperature monitoring, ensuring optimal conditions for different types of products. Additionally, the integration of eco-friendly refrigeration systems and energy-efficient practices is becoming a key focus, aligning with sustainability goals and reducing environmental impact.
Furthermore, the industry is witnessing an expansion in automated storage and retrieval systems (AS/RS) to enhance operational efficiency and reduce human error, contributing to a more streamlined cold chain.
Market Drivers
Several factors drive the growth of Indonesia's cold storage market. The expanding e-commerce sector, coupled with the rising demand for convenience foods, drives the need for efficient cold chain logistics. Additionally, government initiatives promoting food safety standards and the preservation of perishable goods contribute to market growth. The increasing focus on reducing food wastage and ensuring quality throughout the supply chain further fuels the demand for cold storage facilities.
Challenges and Opportunities
While the Indonesia cold storage market presents lucrative opportunities, challenges such as high initial investment costs, infrastructure limitations, and technological adoption barriers persist. However, these challenges present opportunities for industry players to innovate, invest in advanced technologies, and collaborate to overcome these hurdles and cater to the growing market demand.
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Future Outlook
Looking ahead into 2023 and beyond, Indonesia's cold storage market is poised for continued growth. The convergence of technological advancements, increasing consumer demand for quality and fresh products, and a focus on sustainable practices will drive the market's trajectory. Collaborations, investments in infrastructure, and advancements in cold chain logistics will pave the way for a more robust and efficient cold storage ecosystem.
In conclusion, Indonesia's cold storage market in 2023 represents a vital component of the nation's supply chain infrastructure. As the market adapts to technological innovations, addresses challenges, and meets the growing demand for quality preservation solutions, stakeholders have the opportunity to shape an efficient and sustainable cold storage industry.
The alignment of innovation, sustainability, and strategic investments will define the future of Indonesia's cold storage market, contributing significantly to the nation's efforts in ensuring food safety and quality preservation.
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Low GWP Refrigerants Market Size 2023-2035
Research Nester published a report titled “Low GWP Refrigerants”: Global Demand Analysis & Opportunity Outlook 2035” which delivers a detailed overview of the global low GWP refrigerants market in terms of market segmentation by type, application, by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.
The” global low GWP refrigerants market” is projected to grow at a CAGR of ~12% during the forecast period, i.e., 2023 – 2035. Factors such as, increasing demand for air conditioners, rising global warming, and phasing out of other refrigerants such as HCFC, HFC, and others are anticipated to propel the growth of the market during the forecast period. As of 2020, the global shipment of air conditioners was estimated to be around 6 million units. Additionally, a constantly developing cold chain logistics system is further estimated to push the market growth over the forecast period. As of 2020, the cold chain logistics industry was valued at about USD 250 billion. Additionally, by type, the global low GWP refrigerants market is segmented into fluorocarbons, hydrocarbons, and others. Out of these sub-segments, the hydrocarbons segment is estimated to obtain a notable share in the market during the forecast period. The growth of the segment can be accounted to its rising utilization as renewable hydrocarbon biofuel in the place of gas and petroleum. Based on the data released by Energy Information Administration (EIA), it was stated that in 2019, 293.83 thousand barrels of biodiesel were produced.
Furthermore, the global low GWP refrigerants market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market in the Europe region is estimated to grow at a noteworthy pace over the forecast period on the back of rising awareness of phasing out the utilization of HFC refrigerants. According to the European Economic Area, in 2017, more than 90% of Co2 was noticed to be emitted on account of HFCs. Moreover, the Asia Pacific region is projected to acquire the second-largest share in the market on the back of rising awareness of global warming.
The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.
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Increasing Demand for Air Conditioners to Foster the Growth of the Market
As of 2018, the global demand for air conditioners was observed to be approximately 100 million units.
Multiple types of refrigerants are utilized in the home air conditioners for more efficient operation. The most common type of refrigerant utilized in air conditioners is R-454B. Refrigerants are capable of releasing and observing more heat and decreasing the risk of burnout in the compressor owing to overheating. Therefore, such factors are anticipated to propel the growth of the market.
However, the availability of alternative refrigerants in the market is expected to operate as a key restraint to the growth of the global low GWP refrigerants market over the forecast period.
This report also provides the existing competitive scenario of some of the key players in the global low GWP refrigerants market which includes company profiling of Linde plc, Airgas, Inc., Sinochem Holdings Corporation Ltd., Tazzetti S.p.A., Puyang Zhongwei Fine Chemical Co., Ltd., Harp Internation Ltd., Shandong Yuean Chemical Industry Co., Ltd., A‑Gas International Limited, The Chemours Company, Arkema S.A. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global low GWP refrigerants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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Logistics Evolution in KSA: Unveiling Vision 2030 - Breaking or Embracing Barriers? : Ken Research
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In line with its ambitious Vision 2030, the KSA Logistics Industry is undergoing a visionary transformation to position the kingdom as a global logistics hub. Anchored by the development of Special Economic Zones (SEZs), an integrated transport infrastructure, and comprehensive reforms of seaports, the government's strategic initiatives are poised to reshape the industry's landscape. However, amidst these promising strides, significant challenges persist. The absence of a professional warehouse and inadequate port facilities hindered the industry’s progress. As the KSA charts its course toward becoming a logistics powerhouse, the question remains: Can the industry navigate these hurdles and sustain its growth trajectory? Discover the insights that lie ahead, exploring whether the industry can triumph over its bottlenecks, within the following discourse
1. The KSA government is aiming to establish the kingdom as a logistics hub under it’s vision 2030 by development of SEZ, integrated transport infrastructure and reformation of sea ports Request a Call with Expert to know more about the business model
2. For this, KSA is planning to invest more than ~USD 100 Bn in its transportation & logistics infrastructure as a part of Vision 2030, resulting in the comprehensive nationwide network over the coming years
3. However, Lack of professional warehouses, inadequate facilities at ports, and poor trucking services are the major barriers to the growth of the Logistics Market in KSA
4. But the market is expected to have excellent growth in the future due to substantial investment projects taken by the government for the construction of airports, seaports, and bridges for better inter-country connectivity
5. The industry has a strong potential to register positive growth in the next five years owing to the immense support from the government through investments in infrastructure
Some of the Intelligence Curated by Ken Research in Logistics Market Space:
Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.
UAE Cold Chain Market Outlook to 2027 Driven by rising consumption of dairy, meat and seafood, smooth domestic and international connectivity and automation in warehouses
Vietnam Cold Chain Market Outlook to 2026 Driven by Rising Meat and Seafood Consumption and Increasing Awareness of Applying Cold Chain in Protecting Foods in Vietnam
KSA Warehousing Automation Market Outlook to 2027 Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
South Korea Warehouse Automation Market Outlook to 2027 Driven By increasing demand from end-user industries and factors such as increasing labor cost and labor shortage in the country
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KSA Logistics Industry
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Vietnam Logistics Market Flourishes: CEP and Warehousing Sector Generate over USD 5 Bn in 2022, Fueled by Joint Ventures and Modern Warehousing Systems. What Awaits the Future? :Ken Research
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1.Emerging Trends and Developments in Vietnam's Warehousing Market: Joint Ventures, Automation, GSP Warehouse Preference, and Recent Funding Surge.
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Logos Property and Manulife Investment Management joined forces in 2022 to construct an advanced logistics factory, covering an area of over 116,000 sqm and valued over $80 Mn. Moreover, GLP entered the Vietnamese market through a $1.5 Bn joint venture with SLP.
E-commerce companies are utilizing AI-powered warehouses and sorting centers spanning 0.3 Mn sqm to decrease delivery time during peak periods. Tiki NOW Smart Logistics has integrated robots for task execution, enhancing warehouse efficiency and enabling sellers to save 30% - 40% in costs.
Investment in pharmaceutical storage systems or GSP warehouses is increasing in Vietnam, with foreign firms such as DKSH, Zuellig, and Mega making substantial investments to improve cost-efficiency and optimize manpower in warehouses.
Vietnamese on-demand warehousing platform, Wareflex, secured $785,000 in pre-seed funding from Genesia Ventures and Antler. Additionally, Mirae Asset Daewoo Co. and Naver Corporation, prominent South Korean companies, invested $37 Mn in a warehouse located in Bac Ninh, Vietnam.
2.Automation Surge: Vietnam's Growing Demand for Modern Warehouses Driven by Increased Investment in New Technologies.
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Next generation supply chains in Vietnam are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.
3.Tech Trends Unleashed: Big Data and Augmented Reality Empower Vietnam's CEP Market in Response to Consumer Demand.
Market Maxomony
Vietnam Logistics Market Segmentation
By Service Mix
Freight Forwarding
Warehousing
CEP
Value Added Services
Vietnam Freight Forwarding Market Segmentation
By Mode of Freight
Road Freight
Sea Freight
Air Freight
By Type of Freight
International Freight
Domestic Freight
By Types of Operators
Small Fleet Operator (SFO)
Medium Fleet Operator (MFO)
Large Fleet Operator (LFO)
By End-User
Retail
Oil and Gas
Textiles
Pharma
Others
Vietnam Warehousing Market Segmentation
By Warehousing Types
General/Industrial/Retail
CFS/ICD
Cold Storage
Agriculture and Others
By Warehouse Locations
Northern
Central
Southern
By End-User
Retail
Oil and Gas
Textiles
Pharma
Others
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Major Players Mentioned in the Report:
Yusen Logistics
Transimex
Gemadept Corporation
Maersk
Kuehne+Nagel
MP Logistics
ITL
Vietnam Post
Viettel Post
Vietnam Maritime Corporation
Expeditors
Bee Logistics
DB Schenker
Vinafrieght Joint Stock Company
CJ Gemadept
Ceva Logistics
GHN Express
DHL VNPL Express
EMS
Key Target Audience
E-Commerce Companies
Third-Party Logistic Providers
Potential Market Entrants
Freight Forwarding Companies
Warehousing Companies
Cold Storage Companies
Industry Associations
Consulting Agencies
Government Bodies & Regulating Authorities
Time Period Captured in the Report:
Historical Period: 2017-2022
Base Year: 2022
Forecast Period: 2022-2027
For More Insights On Market Intelligence, Refer to the Link Below: –
Vietnam Logistics Market Outlook to 2027
Related Reports by Ken Research: –
Indonesia Logistics Market Outlook to 2027
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Growth of Global Cold Chain Logistics Market Size, Share as Forecasted on Account of Technological Advancement
New York – October 10, 2022 – The recent market research analysis of “Cold Chain Logistics Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global cold chain logistics market in terms of market segmentation by product, temperature type, application, and by region over the forecast period, i.e., 2023-2033.
For more information’s@https://www.researchnester.com/reports/cold-chain-logistics-market/4557
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global cold chain logistics market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Cold Chain Logistics market to find numerous growth opportunities on the back of rising demand for frozen foods, seafood, and perishable products and surge in pharmaceutical sectors, finds Research Nester
The global cold chain logistics market is estimated to grow majorly on account of the increased trade of vaccination and drugs against diseases, such as typhoid, tuberculosis, influenza, Coronavirus, hepatitis, and others. In 2020, the COVID-19 pandemic positively impacted the cold chain industry, resulting in driving the demand for refrigerated warehousing worldwide.
The market research report also includes other growth factors and challenges that are associated with the growth of the global cold chain logistics market. Some of the major growth indicators are:
Growth Drivers:
Rapid Urbanization and Industrialization across the Globe Growth in Processed Food Sectors and Automation of Refrigerated Warehouses Challenges:
Environmental concerns regarding greenhouse gas emission, and insufficiency of proper infrastructure in emerging countries are some of the major factors anticipated to hamper the growth of the global cold chain logistics market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.
The global cold chain logistics market is segmented on the basis of product into refrigerated warehouses and refrigerated transportation. The refrigerated warehouses segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. Changing lifestyle of the consumers is likely to increase demand for packaged food.
Access our detailed report at: https://www.researchnester.com/reports/cold-chain-logistics-market/3930
By region, the Asia Pacific drug delivery systems market is to generate the highest revenue by the end of 2033. This growth is anticipated by increasing consumption of seafood, dairy products and processed food.
The research is global in nature and covers detailed analysis on the cold chain logistics market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global cold chain logistics market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Consult our expert analysts at: [email protected] or contact us at: https://www.researchnester.com/contact for any customized report.
This report also provides the existing competitive scenario of some of the key players of the global cold chain logistics market which includes company profiling of U.S. Cold Storage, Americold Logistics LLC, Lineage Logistics Holdings, Versacold Logistics Services, Nichirei Logistics group, Congebec Logistics Inc., Burris Logistics, Conestoga Cold Storage, Kloosterboer, Cold Box Express Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cold chain logistics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
For more info visit our blog at: https://www.researchnester.com/reports/cold-chain-logistics-market/4557
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Logistics Real Estate Market to Eyewitness Massive Growth by 2027
Advance Market Analytics released a new market study on Global Logistics Real Estate Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Logistics Real Estate Forecast till 2027*.
Logistics real estate is one of the key asset classes of commercial property. Logistic properties are distribution and storage purpose-built buildings. Indeed, they are a crucial component of the supply chain of goods for global trade and they are directly connected to production and consumption. Therefore, manufacturing, retail, and distribution business activities are the core sectors that demand logistics properties. In particular, logistics are used for business to business distribution, business to retail store distribution, e-commerce fulfillment, and manufacturing. The growing e-commerce industry and modernization of supply chains are the key drivers fueling the growth of the market.
Key Players included in the Research Coverage of Logistics Real Estate Market are
Prologis, Inc. (United States)
Goodman (Australia)
CHINA VANKE CO., LTD. (China)
Gazeley (United Kingdom)
Yupei Holdings (China)
ESR (China)
Mapletree Investments (Singapore)
NGKF Industrial Services (United States)
CB Richard Ellis (United States)
Cooliers Industrial Real Estate (Canada) What's Trending in Market: Rising Demand for B2B Logistics Real Estate
Rise of Logistic Real Estate Clusters, Agglomerations Of Distribution Centers That Are Concentrated In A Particular Geographic Area
Increased Demand for Infill-Located Cold-Storage Facilities
Challenges: An Availability of Land Coupled with Increasing Labor Wages May Pose the Challenge
Opportunities: The Growing Opportunities from the Developed & Emerging Economies
Highly Lucrative Market
Market Growth Drivers: Growing E commerce Industry Drives a Surge in Demand for Logistics Real Estate
Increasing Concentrations of Industries across the Globe
Modernization of Supply Chains and the Adoption of Modern Logistics Real Estate
Geographic Positioning Along Global Trade Routes
The Global Logistics Real Estate Market segments and Market Data Break Down by Type (Sole Proprietorship, Cooperation), Application (Rental, Sales), Industry Vertical (Electronics & Appliances, Food & Beverage, Retailers, Apparel/Specialty Goods, Automotive, Consumer Goods, Construction, Transportation, Healthcare & Pharmaceuticals, Industrial, Others), Customer Type (3PL, Wholesaler, Retailer, Manufacturers, Fright & Transportation, Others) To comprehend Global Logistics Real Estate market dynamics in the world mainly, the worldwide Logistics Real Estate market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
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Cold Chain Logistics Market Detailed Strategies, Competitive Landscaping and Developments for next 5 years
Advance Market Analytics released a new market study on Global Cold Chain Logistics Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Cold Chain Logistics Forecast till 2027*.
Cold chain logistics refers to the continuous procedure of refrigerated production, storage and distribution activities with preferred low-temperature range. Cold storage is used to extend and preserve shelf life of products. Increasing applications in healthcare and pharmaceutical industry and growing organized retail sector are the key factors driving the cold storage logistics market. Further, market leaders are focusing on developing RFID logistic management technique for smooth operational process expected to drive the market.
Key Players included in the Research Coverage of Cold Chain Logistics Market are Americold Logistics (United States),Preferred Freezer Services (United States),Burris Logistics (United States),Lineage Logistics (United States),Nichirei Logistics (Japan),Swire Cold Storage (Australia),Agro Merchants Group (United States),Kloosterboer Group B.V. (Netherlands),Interstate Cold Storage, Inc. (United States),Versacold International Corporation (Canada),Congebec Logistics, Inc. (United States),Conestoga Cold Storage (Canada),United States Cold Storage, Inc. (United States)
What's Trending in Market: Rising Popularity of Perishable Foods among Consumers
Increasing Demand for Convenience Food among Millennials
Challenges: Lack of Trained Resources and Infrastructural Support in Developing Market
Opportunities: Emergence of RFID Logistic Management Technique with Cold Chain Monitoring
Expansion of Food Retail Chains and Organized Retail Sector
Increasing Applications in Healthcare and Pharmaceutical Industry
Market Growth Drivers: Emergence of Refrigerated Warehouses among Organized Retail
Growing Demand for Processed Food Sector
The Global Cold Chain Logistics Market segments and Market Data Break Down by Type (Refrigerated Storage, Cold Chain Logistics), Application (Fruits and Vegetables, Bakery & Confectionary, Dairy & Frozen Desserts, Meat, Fish & Sea Food, Drugs & Pharmaceuticals, Others), Technology (Blast Freezing, Vapor Compression, Programmable Logic Controller (PLC), Evaporating Cooling, Cryogenic Systems, Others), Temperature Type (Chilled, Frozen, Others)
To comprehend Global Cold Chain Logistics market dynamics in the world mainly, the worldwide Cold Chain Logistics market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
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Growth of Global Blood Glucose Monitoring System Market as Forecasted by Research Nester to be on Account of Increasing Cases of Diabetes Globally
The recent market research analysis of “Blood Glucose Monitoring System Market: Global Demand Analysis & Opportunity Outlook 2033” by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global blood glucose monitoring system market in terms of market segmentation by device type, modality type, disease type, distribution channel, and by region over the forecast period, i.e., 2023-2033.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global blood glucose monitoring system market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
Blood glucose monitoring system market to find numerous growth opportunities on the back of increasing prevalence of diabetic and evolving healthcare technologies, finds Research Nester
The global blood glucose monitoring system market is estimated to grow majorly on account of the surge in cases of diabetes across the globe. According to International Diabetes Federation (IDF), in 2021, 537 million people were diagnosed with diabetes, and it is expected to increase to 640 million by 2030 and around 783 million by 2045. Moreover, increasing access to health care and health expenditures is estimated to boost the market growth. As per the data by the World Bank, 9.83% of the global GDP was spent on health expenditure in 2019.
The market research report also includes other growth factors and challenges that are associated with the growth of the global blood glucose monitoring system market. Some of the major growth indicators are:
Growth Drivers:
Growing Investment in Diabetic Research
Increasing Perforation of Continuous Blood Glucose Monitoring (CGM) Devices
Challenges:
Lower diagnosis & treatment rate, and unfavorable reimbursement policies for the blood glucose monitoring system are some of the major factors anticipated to hamper the growth of the global blood glucose monitoring system market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.
The global blood glucose monitoring system market is segmented on the basis of by product into self-monitoring devices and continuous glucose monitoring devices. Out of these, the continuous glucose monitoring device is anticipated to hold the largest market share by the end of 2033 owing to the rise in adoption of CGM for their ability to monitor the patient’s blood glucose level regularly.
Access our detailed report at: https://www.researchnester.com/reports/cold-chain-logistics-market/3930
By region, the North America region market is to generate the highest revenue by the end of 2033. This growth can be attributed to the efficient healthcare sector and rising cases of diabetes in the region.
The research is global in nature and covers detailed analysis on the blood glucose monitoring system market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global blood glucose monitoring system market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Consult our expert analysts at: [email protected] or contact us at: https://www.researchnester.com/contact for any customized report.
This report also provides the existing competitive scenario of some of the key players of the global blood glucose monitoring system market which includes company profiling of F. Hoffman-La Roche Ltd, LifeScan, Inc., Ascensia Diabetes Care Holding AG, Medtronic plc, Dexcom, Inc., Nipro Corporation, Prodigy Diabetes Care LLC, ACON Laboratories, Inc., Nova Biomedical Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global blood glucose monitoring system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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