Such a direction is termed as decarbonization results in fewer CO2 emissions produced for each unit of electrical power. It is imperative to have transportation and electricity generation emit less carbon dioxide for the world´s temperature objectives as per the government’s directive. The amount of greenhouse gases can be reduced by escaping into the troposphere with the help of certain sources of energy, which contain low content of carbon dioxide.
Decarbonization is only feasible by the adoption of an energy transition that eliminates carbon from the production of energy. Implying electrification of the commercial sector, there should be employed clean and renewable energy sources that do not emit more than environment-bearing capacity such as solar power plants.
Further, the major players in the global decarbonization market are focusing on mergers and collaborations to expand their innovation spaces and take the solutions of the decarbonization platform in new areas. For instance, in May 2023, RINA and Eni chose to consolidate their ventures to support energy transition into low-carbon economies through maritime industries where a combination of their know-how would be instrumental.
Global Trends
On-premises deployment is used for combating climate change in the fight against climatic change. It means decreasing or completely stopping carbon emissions from numerous sources such as buildings, energy generation, transport and industrial processes. By installing renewable energy sources on-site such as solar panels, wind turbines or even small-scale hydroelectric units, institutions can reduce their dependency on oil and avoid releasing undesirable gases into the atmosphere.
Further, the use of cloud solution is less expensive, easier to execute, maintain, and upgrade, and highly scalable to deploy decarburization. It also offers benefits like speed, data control, security, and round-the-clock support, which makes it the best option for customers. Public cloud solutions, which is also called cloud infrastructure provide on-demand variable processing capability and pay-as-you-go pricing and this significantly minimizes the cost of business computing.
End Use Case
One method to reduce carbon dioxide emissions arising out of energy sources’ production and use to prevent global warming as well as being able to have an environmentally friendly energy system from renewable resources is through decarbonization. Decarbonization is the process of shifting from coal, oil, and gas to alternative energy sources such as solar power and wind power, among others. This means that the electricity produced from these sources contains no Greenhouse gases.
Moreover, fossil fuels are dug, drilled, and burnt to generate power by the oil and gas sector thus causing greenhouse gases to accumulate rapidly in the environment. In the language of the oil and gas industry, the term decarbonization refers to any aspect of decreasing the carbon footprint and moving into a low-carbon, sustainable energy future. Among the top goals of decarbonization is to cut down on emission linked with natural gas and petroleum products by extraction, processing and movement.
Market Dynamics and Drivers
There is increased public awareness about environmental problems and climate change such that consumer preferences are changing for more sustainable goods and services. Several things are forcing them to implement eco-friendly procedures as a result of the fact that they are being pushed towards decarbonization and in line with that demand. At the same time, various decarbonization efforts are being supported by different authorities across the globe. Such measures consist of carbon pricing mechanisms, requiring the use of renewable sources of power, and setting goals of cutting emissions among other things meant to promote clean technology financially as the CO2 emission has increased, for instance, global Greenhouse gas (GHG) emissions increased from 53056.61 in 2021 to 53786.04 in 2022.
Figure 1: GHG Total Emission, Mton Co2eq, Global, 2021 to 2022
Source: EDGAR – Emissions Database for Global Atmospheric Research
Further, Businesses and consumers are tackling the effects of carbon on the environment with fresh and creative approaches as they become more aware of them. For instance, Braskem introduced bio-based plastic made from Brazilian sugarcane in August 2022. The bio-based plastic is easily recyclable and has a large useful life. Packaging for consumer goods will be made from this bio-based plastic. Therefore, it is anticipated that increased awareness of the use of packaging solutions will grow the market in the upcoming years.
Governments in developing countries are spending a lot of money on decarbonization as they understand the seriousness of the issue. Moreover, the Office of Energy Efficiency & Renewable Energy which is part U.S. Department of Energy declared that they would spend 156 million dollars on high-impact applied research projects meant for the reduction of carbon emissions throughout the US industrial estate. The FAO will drive innovation and technology for the development of next-generation technologies for decarbonizing industries, under the direction of EERE’s Industrial Efficiency and Decarbonization Office (IEDO).
Key Developments
In October 2023, Stargate Hydrogen and NextHeat partnered to come up with new methods that would ensure that there are no harmful emissions from using natural gases but replace it all with green hydrogen during industrial heating operations.
In October 2023, AMG, which is a prominent international alliance of autonomous investment managers, publicized that it had purchased the existing empire of Capital Constellation’s predecessor, Ara Partners, albeit only as a minority shareholder. However, Wafra Inc. and selected related investment vehicles oversee the same investment vehicle.
In conclusion, the market is expanding because of the notable increase in the use of renewable energy. The switch to low-carbon fuels and the strict environmental laws that are in place in the majority of developed nations have greatly boosted the renewable energy industry. The installed renewable capacity in the energy generating market has expanded in recent years due to growing environmental concerns and pressure to reduce the harmful effects of greenhouse gases (GHG). This has contributed significantly to the expansion of the wind and solar energy industries.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/07/decarbonization-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-07-02 04:24:132024-07-02 04:41:24The Decarbonization Market: Driving the Transition to a Low-Carbon Economy
Plus-Managed Network Switches are network devices managed by different networks, enhancing the management of network infrastructure. These switches help in controlling, managing and observing traffic within a Local Area Network, as well as permitting communication between Ethernet devices. These switches are utilized in data centers and small businesses because of their network monitoring capabilities. The overall market is anticipated to grow at a faster rate due to the bolstering growth in these applications.
Moreover, the managed switch market is made up of worldwide trade and demand for network switches with sophisticated management features. Managed switches are crucial parts of computer networks because they enable effective packet routing and control between connected devices. These switches are unique in that they allow administrators to have fine-grained control over remote configuration and monitoring.
Further, companies are embracing digital technology to better their performances. With the introduction of cloud computing, and the Internet of Things among other technologies, there has been a great need for fast reliable networks in the recent past. Consequently, this has led to an increased demand for routers and switches while the same trend continues. Moreover, the uptake of internet-ready apparatus has exploded in all corners of the globe leading to growth within this sector.
Global Trends
The growth of bandwidth and speed is significantly made possible through Plus-managed switches. There has been heightened demand for high-speed network switches meant to meet the increased need for faster data rates such as 10 Gigabit Ethernet (10GbE), and 25 Gigabit Ethernet (25GbE). Presumably, switch technology will continue evolving at an even faster pace relative to current workloads and other data-rich applications.
End Use Case
Plus-managed network switches deliver economical network segmentation, traffic prioritization and network monitoring for small enterprises. In order to provide fundamental networking features, these switches are required. Because it is plug-and-play compatible, small to medium-sized businesses can benefit greatly from it. The market demand for managed network switches is expected to be positive due to the increase in the number of MSME establishments. For example, the U.S. Small Business Association (SBA) estimates that there are 33.2 million small businesses in America, making up 99.9% of all firms..
Moreover, corporations need smart switches to help automate acts like enforcement of policy, provision and resolving troubles in networks. Automation expedites network operations, saves time, and lowers the possibility of human error. Integration of AI and machine learning promises optimal functioning, this will also result in more proactive problem-solving and its ability to make intelligent decisions. In response to current cyber threat landscape trends, managed switches will adopt future perfective(es) features like Intrusion Detection (ID), Encryption (EN) and Access Control (AC) as a result of evolving requirements within this sector. To automate threat mitigation, this then strengthens the network defences through integrating security framework.
Market Dynamics and Drivers
Plus-managed switches are designed specifically for enterprise-sized businesses, which require much greater control over network traffic, or for businesses that use data centres and have much larger network coverage areas. The recent establishment of data centers in various places means more opportunities for business growth in the future. In March 2023, the initial data center was established by OVHcloud in India to cater for the Asian Pacific region. It should also be noted that apart from the one in place at this time, two other data centers will be under construction soon in Australia as well as Singapore.
Further, to fully utilize AI technology, more computer processing and decision-making procedures are required. The locations of AI processing and data storage could be anywhere from the cloud to on-premises data centers to the edge of the network, depending on factors like performance, capacity, and cost. Edge computing would have a major impact on the market under consideration. It is predicted to benefit greatly from connected devices, innovative industries, and connected cars.
Additionally, managed switches are incorporating sophisticated security features like intrusion detection, encryption, and access control which are adaptive to the changing cyber threat landscape. Automation of threat mitigation, together with integration of security frameworks serve to beef up network defenses. It is in sectors like healthcare, finance and government where data breaches can imply severe outcomes that safe switches are greatly imperative. For instance, the estimated costs of of cyber attacks increased from US$8.44 trillion in 2022 to US$11.50 trillion in 2023.
Figure 1: Estimated Cost of Cyber Crime, in USD Trillions, Global, 2022 to 2023
Source: weforum.gov
Further, the complexity of modern IT infrastructures has caused a paradigm shift in the managed switch industry, with increased network management capabilities at the forefront. Moreover, growing demand for IoT connectivity, integration of advanced security features and adoption of cloud-based management solutions are shaping the landscape of next-generation networking systems.
Key Developments
In October 2023, Teltonika Networks rolled out its first range of configurable switches. The Teltonika TSW202 and TSW212 configurable switches can be managed remotely via our Remote Management System (RMS). In addition to detailed statistics concerning device performance, you have full authority about switch status as well as settings. It can also control the bandwidth of your network and organize, regulate, and optimize the way your managed switches operate. It does this by using the Scheduling function.
In August 2023, Hikvision introduced a new set of smart managed switches that can help installers install security systems from any location by using the Hik-Partner Pro app on their phones and then maintaining them effectively every day. PoE ports with 6 KV surge protection and a robust architecture characterize this new generation of Smart Managed Switches. With the help of its mobile app, Hik-Partner Pro, Hikvision’s latest generation of Smart Managed Switches integrates connectivity with total security system management…
In conclusion, Plus-managed network switch market is characterized by multiple small and medium vendors and several well-known multinationals. In order to increase access speed and increase router and switch space, major players concentrate their R&D efforts on releasing the most recent technologies. In addition, a lot of suppliers are expanding internationally in order to improve their market share and earnings. The adoption rate of plus-managed network switches is anticipated to rise as a result of these initiatives.
The acne treatment market is evaluated at US$11.554 billion for the year 2022 and is projected to grow at a CAGR of 5.36% to reach a market size of US$16.652 billion by the year 2029.
Acne is a type of common skin condition, which generally occurs in young and teenage populations. Its breakouts can occur anywhere on the skin, like the face, neck, and shoulders amongst numerous parts. Acne generally occurs when the pores of the skin are choked by oils, dead skin cells, and dirt. Acne may also grow into a pimple or zit. There are numerous types of acne lesions, among which blackheads and whiteheads are among the most common. A blackhead, also known as an open-comedone, occurs on the skin, which gets black by exposure to the oxygen in the air. The whiteheads, or closed-comedones, are a type of raised bumps under the surface and are flesh-colored. Apart from dirt and oil, numerous other aspects increase the growth of acne in the skin, like smoking, poor sleep schedule, stress, family history, and hormonal changes due to puberty or pregnancy.
There are three major modes of treatment of acne, several mild, moderate, and severe treatment methods for treating acne on the skin. The mild method contains using over-the-counter medications, like benzoyl peroxide and salicylic acids. The moderate treatment comprises prescription drugs, like erythromycin or clindamycin antibodies and retinol. The severe treatment procedure includes oral antibiotics, benzoyl peroxide, and topical antibiotics, prescribed by the dermatologists. The severe treatment procedure also includes various procedures like photodynamic therapy (PDT), dermabrasion, chemical peel, and cortisone injections.
Various companies are introducing new formulations and product ranges to attract a new consumer base in the acne treatment market. Some products like retinoids are not suited for consumers with sensitive skin. To solve this issue, various companies have introduced products with new formulations to attract consumers with sensitive skin bases. For instance, Cetaphil, a global skin care industry leader, introduced its new retinol-alternative products range for sensitive skin. In August of 2023, Zydus Lifesciences received the US FDA approval for its isotretinoin capsules, which can treat severe cystic acne.
The acne treatment market by product is segmented into retinoids, antibiotics, isotretinoin, and others. Under the product segment of the acne treatment market, the retinoid is estimated to attain the maximum share. Retinoids are a type of chemical compound, which are related to vitamin A or vitamin B. It is generally used to regulate epithelial cell growth and also regulates the apoptosis of cells. The retinoids also have anti-wrinkle properties, strengthen the functions of the epidermis, and restrain water loss. Retinoids are among the most common treatment medications for acne. The retinoids reduce the acne outbreak and prevent the dead cells from clogging the skin’s pores. These are also used in reducing minor scars on the skin. The retinol usually takes 6 or more weeks to experience the full result in the skin.
The acne treatment market by route of administration is segmented into oral and tropical. The oral medication route, under the route administration segment of the acne medication, is projected to attain maximum market share. The oral medicine for acne treatment contains various forms of antibiotics, isotretinoin, spironolactone, tretinoin, and tetracycline among others. Using antibiotics for acne treatments can decrease inflammation, and redness of the skin, and it also stops bacteria formation.
The market of acne treatment by distribution channel is segmented into hospital pharmacies and retail & online pharmacies. In the acne treatment market, the retail and online pharmacies category of the distribution channel segment is estimated to attain a greater share. In the retail and online pharmacies categories, various overt-the-counter acne treatment medications like retinol, benzoyl peroxide, hydroxy acids, and salicylic acid are usually sold at a larger volume. Similarly, the increase of online retail or e-commerce in the global landscape is also expected to boost the category in the acne treatment market.
Based on geography, the acne treatment market is expanding significantly in the Asia Pacific market, as the region is among the biggest teenage populations with increasing pollution and dirt in the region. Various Asian countries like India, Bangladesh, and Pakistan are among the world’s developing nations, which means an increasing infrastructural development, resulting in an increase in dust particles in the air. These nations also have high pollution in the environment, which is also among the main roots of acne in the region. The region also offers a developing and modernizing healthcare infrastructural development, which is forecasted to propel the growth of the acne treatment market in the region.
The research includes several key players from the acne treatment market, such as Phytomer, Skin Medica (Allergan, Inc.), Obaji, Revision Skincare (Gryphon Investors), Sente, Jan Marini Skin Research, Botanix Pharmaceuticals, The Derma Co. (Honasa Consumer Ltd), and Curology.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/06/acne-treatment-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-06-28 05:29:272024-09-27 07:16:48Acne Treatment Market is projected to grow at a CAGR of 5.36% to reach US$16.652 billion in 2029
Activated carbon is used as a material that contains tiny pores and has a lot of internal surface area. The fact that it contains pores means that it can take in various substances from liquids or gases. It is possible to remove dangerous materials and gases found in flue gas, natural as well as industrial wastewater streams etc., by using activated carbon which has adsorption properties. The product is primarily used in gas purification, air filtration systems, gold purification, metal extraction, and decaffeination. Moreover, it is frequently difficult to extract powdered activated carbon from water treatment reservoirs, and it is not reactivable once used. Thus, the limitations of activated carbon as a filter prevent the market from growing.
Moreover, the demand is also increasing due to the need for sewage and water treatment applications and is expected to grow. It has the highest number of small holes on a surface among all types of activated carbons. The surface area of these substances grows with the rising number of holes thus boosting their adsorption properties. This kind of charcoal is normally necessary for purifying drinking water or cleaning waste products at sewage treatment plants. It is predicted that industrial growth will be spurred on by advancements in manufacturing technology.
Global Production Trends
Adsorption capacities are high according to a wide range of treatment goals including the removal of various particles. To satisfy the rising demand for PAC, businesses like Cabot Corporation increased the amount of activated carbon they could produce in Canada by twofold. The company announced that it would increase its PAC production capacity by 35 million pounds per year to meet the high demand for the product from the coal-fired utility sector for the removal of mercury.
Further, the market for granular activated carbon is expanding rapidly as well. Its regeneration is the reason for this. Municipal water treatment facilities and air treatment facilities use a lot of GAC. In GAC production, coconut shell charcoal and coal are the two primary raw materials utilized. One crucial element that will possibly prop the market up is the increasing need for water treatment methodologies due to set standards and regulations by industries demanding their application. To protect the environment, governments and agencies have released these standards. These efforts are anticipated to help the market over the anticipated period.
The gas phase primarily consists of air filtration. The product’s primary formulators for gas phase applications include Kuraray Corporation and others. Activated carbon is widely used in air purification products such as air conditioners and gas masks. The product is also used for solvent recovery, gas separation, and other uses in gas phase applications.
End Use Case
One method to reduce carbon dioxide emissions arising out of energy sources’ production and use to prevent global warming as well as being able to have an environmentally friendly energy system from renewable resources is through decarbonization. Decarbonization is the process of shifting from coal, oil, and gas to alternative energy sources such as solar power and wind power, among others. This means that the electricity produced from these sources contains no Greenhouse gases.
Moreover, fossil fuels are dug, drilled, and burnt to generate power by the oil and gas sector thus causing greenhouse gases to accumulate rapidly in the environment. In the language of the oil and gas industry, the term decarbonization refers to any aspect of decreasing the carbon footprint and moving into a low-carbon, sustainable energy future. Among the top goals of decarbonization is to cut down on emissions linked with natural gas and petroleum products by extraction, processing and movement.
Market Dynamics and Drivers
Activated carbon is widely used to remove synthetic organic contaminants, natural organic chemicals, and taste and odour components from drinking water. Activated carbon works well as an adsorbent because of its high rate of porosity and broad surface area, which permit for adsorption of contaminants. Further, water-softening processes may also involve activated carbon. Moreover, residential point-of-use filters are essentially the only household water treatment systems that could wholly eliminate heavy metals such as lead from the supply..
Moreover, significant manufacturing sectors produce a lot of wastewater. This water contains many harmful substances such as organic materials, non-biodegradable chemicals, and some metals and oxides too. Therefore, it is necessary to purify the contaminated discharge from dehydration while dehydration, nausea, diarrhea, gastrointestinal disorders, or even death result from using untreated contaminated water. In addition, as the population and pollution levels rise, the demand for clean, safe water increases. For instance, as per UNESCO, approximately 70% of freshwater withdrawals globally are attributed to agriculture, with industry coming in second at less than 20% and domestic or municipal uses at around 12%.
Figure 1: Percentage of Freshwater Withdrawal for Different Sectors Globally
Source: UNESCO
Activated carbon is applied to decrease strong alcohol levels in alcoholic beverages. During procedures involving abdominal radiography, it is used as an anti-flatulent. In addition, it serves as a filtering medium for blood dialysis patients with kidney disorders and is added to wound dressings to manage odour. The number of patients with various diseases is likely to rise due to growing health concerns linked to sedentary lifestyles and poor eating habits. This is expected to increase demand for implantable surgeries and further propel the global market’s growth. Due to their more inelastic requirements, drugs will be the main driver of this growth in cases of rare diseases, diabetes, obesity, HIV, COPD, cancer, and immune stimulants.
Key Developments
In March 2023, Evoqua Water Technologies LLC acquired Bob Johnson & Associates to expand its presence in North America, The company that offers customary treatment services for industrial water, from Kemco Systems, USA.
In October 2022, Kuraray started operating at full capacity at its facility in Feluy, Belgium. The company was able to come up with this decision because they had made successful tests on reactivated carbon production plants in other parts of the world hence providing Calgon Carbon company with the means of consistently obtaining activated carbon anywhere they needed it..
In conclusion, the market for activated carbon is characterized by intense competition, with a small number of major players controlling a large portion of the market. This suggests that the market, which is dominated by small and medium-sized businesses, could be more cohesive. Diverse market needs are met by these companies through providing various kinds of activated carbon products used for different purposes. Despite competition from other sectors, the market is expected to develop with time as more industries need this type of product, such as those involved in food processing or manufacturing beverages; as well as air purification purposes among others which include water treatment issues.
PVC packing straps are a kind of material that can be used to combine, hold, secure, or hold different objects together. These straps are sometimes referred to as strapping in the packing industry. PVC packing strap sales are also expected to rise sharply in the construction, paper, and cotton industries. In the plastic strap industry plastic straps would benefit from having properties such as being of low weight, high tensile strength, flexible, and easy to handle. The demand for strapping materials as well as pharmaceuticals, medical items, and electronics products is growing so the market for plastic straps is growing too.
Further, it is expected that growth in the packaging industry, in e-commerce and online deliveries plus transportation of bulky items across sectors like supply chain management industries will contribute to the strapping materials industry. The increased demand for PVC packing straps owing to the transportation of items trend and e-commerce surge raises the need for items such as an elastic carrying belt or anything else made from PVC material. Factors responsible for the increased demand for PVC packing straps include their bendability, lightness, and easy handling.
Global Production Trends
Polypropylene straps have many benefits, which include high tensile strength, enhanced flexibility, lightweight, ease of handling, superior elongation, resistance to chemicals, rustproof, and more. Furthermore, polypropylene improves the products’ visual appeal and security. Additionally, because it is stable against temperature fluctuations between -10 and +50 C, it can be used with any kind of strapping machine, including automatic and semi-automatic strapping machines. Being a frequently recyclable material, polypropylene is a greener substitute. Hence, These extensive characteristics of polypropylene straps during the estimated time will raise the need for straps in different places due to the following aspects.
End Use Case
Currently, the global construction sector is undergoing a rapid expansion mainly in countries such as Saudi Arabia, Indonesia, China, and India, among others. This will lead to an increase in demand for strong materials used in securing cargo and other items that are carried to the construction site hence causing PVC packing straps market demand growth over the forecast period. Because latex straps, like polyester straps, have more elasticity, can withstand weather, and perform well under shock loading, they are preferred over paper straps for building material packaging. They are therefore used in the packaging of building materials, such as clay bricks, plywood, chipboard, and plasterboard.
Further, to prevent damage or manufacturing delays, automotive components such as wheels, parts, body panels, instruments, and replacement parts must be packaged and secured to the highest standard of dependability. Plastic straps are important in protecting car elements from damage as they’re being handled, transported or kept away. Moreover, with more automation in production there would be a higher demand for plastic straps to pack auto parts: thus expanding its economy.
Market Dynamics and Drivers
The shipping industry, which is growing the demand for these packaging solutions on the global market, is largely driven by the e-commerce sector. For instance, according to the Department of Commerce’s Census Bureau, retail e-commerce sales in the United States totalled an estimated $289.2 billion in the first quarter of 2024, after adjusting for seasonal variations, recording a 2.1% rise from 2023’s equivalent quarter. PVC packing straps are inexpensive and durable for packing big items because they are composed of polypropylene resin, which is also lightweight and inexpensive.
Figure 1: Retail E-commerce Sales, in Billions, United States, 2023 to 2024
Source: Census. gov
Furthermore, the plastic straps market’s main growth drivers have been identified as the expanding packaging, logistics, and construction sectors. The demand for logistics and transport services has risen significantly due to the fast growth of industrialization and commercialization in emerging global areas. Strapping materials are largely used at production sites to hold or secure items when moving them to retail points.
Moreover, Strapping has found its most widespread application in packaging. Both industrial logistics and storage rely heavily on packaging, hence, the increasing demand of plastic straps in these areas. In addition to enhancing environmental stability during outdoor storage, UV-stable grades of plastic straps can be utilized. Therefore, this will help accelerate the growth of the division’s income even more since it surpasses similar items by operating more effectively and being cheaper. For instance, Mosca offers PET PVC straps that are both highly tensile and tear-resistant. Depending on their width, they can support weights ranging from 185 to 580 kg and effectively absorb shocks during transit. PET strapping is available in widths ranging from 9.5 to 15.5 millimeters and is manufactured with tight tolerances. It can be easily recycled after use because it is composed entirely of recyclable plastic bottles. It has excellent load security due to its high stability. Its consistently high quality assures a high machine availability.
Key Developments
In October 2023, Repsol and Signode introduced a ready-to-use lashing for high-tenacity applications that incorporates 30% recycled content. The lashing is made from polypropylene (PP). It falls under the Reciclex umbrella owned by Repsol. The manufacturing calls for domestic plastic waste which has been mechanically recycled following its use, thereby reducing the carbon footprint of the product by 9%. Earlier in 2023, Repsol invested €26 million to install a new Reciclex production line at its Puertollano Industrial Complex in Spain.
In April 2022, Teufelberger, an Austrian packaging company, announced that it was acquiring Maillis Plastics Solutions, a Polish packaging company, to expand its business operations and, in turn, attract a wider clientele. The acquisition also aims to secure high-performance strapping capabilities and expand the plastics processing division.
In conclusion, PVC packing straps offer a lot of advantages. Since PVC is much less expensive than other strapping materials like steel, they are regarded as an affordable packaging material. Furthermore, PVC is lighter than other materials, which contributes to a reduction in the total weight of packed goods and facilitates efficient transportation. PVC also has a higher impact tolerance than other materials, which adds to its durability. End users are drawn to PVC packing straps because of the previously mentioned advantages, which will drive the market during the forecast period.
The source measure unit market is evaluated at US$588.684 million for the year 2022 and is projected to grow at a CAGR of 10.16% to reach a market size of US$1,158.600 million by the year 2029.
The source measure unit devices or SMU devices is a type of instrument, that combines sourcing and measurement functions. It combines power supply, electrical load, and digital multimeter in a single instrument. The SMUs are used for the characterization of the semiconductors, monitoring the power consumption pattern of a microcontroller, and simulating a battery for IoT devices. It offers multiple benefits to the user, as it improves the transmission speed, and can be programmable for multiple functions.
The source measure units play an important role in multiple industrial applications. Various companies in the global market are introducing new products with new technologies to attract new consumers. For instance, in July 2023, Keysight Technologies introduced its new source measure units, to speed up the characterization of semiconductors. According to the company, the products have the capability of flexible software integration, along with simplified system integration.
The source measure unit market by products is segmented into general purpose SMUs, application specific SMUs, and precision SMUs. Under the product segment, the general purpose SMUs are estimated to attain a greater market share in the source measure unit market. The general purpose SMUs offer measurement flexibility, along with high-accuracy test application.
The source measure unit market by current range is segmented as µa – 1 Ma, Ma – 1 A, and above 1 A. Under the current range segment of the source measure unit market, the Ma – 1 A category is estimated to attain the maximum market share. The Ma – 1 A ranged SMUs offer wide industry applications, and offers features of both the other categories. These are the user-friendly SMUs, with high-speed digitization capability.
The source measure unit market by form factor is segmented as benchtop and modular. Under the form factor segment, the benchtop category of the source measure unit market is projected to attain maximum share. The benchtop SMUs are designed to be placed on a bench and are generally bigger and heavier than the modular SMUs. The benchtop SMUs offer more accurate voltage measurement, and power supply as compared to the modular units. The benchtop SMUs also measure the current and load response of any devices.
The source measure unit market by industry vertical is segmented into automotive, IT & telecommunication, aerospace & defense, healthcare, and others. Under the industry vertical segment, the IT and telecommunication category is expected to attain a greater market share in the source measure unit market. In the IT and telecommunication industry, SMUs are a multi-dimensional application, like the characterization of solar cells, testing batteries, and testing of resistance and conductance of any material. The IT and telecommunication industry is witnessing rapid growth in the global landscape, which in turn will boost the source measuring unit market in the globe.
Based on geography, the source measure unit market is expanding significantly in the Asia-Pacific region, as the region offers an increasing industrial landscape globally. Countries like China, India, South Korea, Taiwan, and Vietnam are among the global IT and telecommunication hubs, that require multiple applications of the source measuring unit devices. Similarly, the region also offers a developing and expanding healthcare industry, with multiple governments increasing the investment and budget share towards the development of the healthcare infrastructure in the nations of the Asia Pacific region. Similarly, SMU devices play an important role in the defense and aerospace industry, which is also rapidly expanding in the Asia Pacific region. The nations like India, China, Japan, South Korea, and Australia are among the biggest defense spenders in the globe, simultaneously increasing the domestic aerospace and defense industries in their nations.
The research includes several key players from the source measure unit market, such as Keysight Technologies, Tektronix, Inc. (Fortive), Rohde & Schwarz, Yokogawa Test & Measurement Corporation, VX Instrument GmbH, Advantest Corporation, Premier Farnell Limited, Chroma Ate, Inc.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/06/source-measure-unit-market.webp5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-06-26 05:38:572024-09-30 11:36:55Source Measure Unit Market size worth US$1,158.600 million in 2029
Containers with collapsible sleeves are foldable. Collapsible containers lower the external volume required for transportation and logistics by folding and saving money. Manufacturers offer collapsible sleeve containers made of plastic, wood, and metal among other materials. Collapsible containers are offered by manufacturers for the packaging of a range of commercial and industrial products. Pallets, boxes, crates, and bulk bins are among the many products available on the global market for collapsible containers. Compared to traditional packing materials, nestable trays, crates, boxes, and other packaging items are more widely used. Manufacturers of containers with collapsible sleeves offer a vast array of product types.
Further, the available global trends show that sustainability together with recyclability are increasingly important in the field of collapsible sleeves containers. As environmental problems continue to mount and various governments start initiatives to cut down on plastic waste, producers and buyers strive to find some eco-friendly replacement measures. Because of this development in materials science and package design, flexible plastic packaging is more easily made biodegradable and recyclable. In addition, there is an increasing demand for packaging solutions that use recycled materials or biologically grown polymers from sustainable sources.
Moreover companies are studying methods such as opting for thinner materials or smaller sizes using lighter weights per unit volume of product and making the best possible choices when it comes to packaging design in order to save on materials and decrease environmental impact in the process of packaging. When one thinks about it, the move towards collapsible sleeves containers which can be used more than once or that do not harm nature in any way shows worldwide resolve by companies to fight against plastics pollution by recycling them and finding other ways of packaging without harming the environment.
Global adoption Trends
Foldable plastic boxes and containers are a useful post-harvest handling solution in the agriculture sector. Because of their portability and simplicity of use, they are ideal for storing and transferring fresh produce, such as grains, fruits, and vegetables.
The protective qualities of containers promotes the collapsible sleeves containers market growth. Compared to traditional wooden boxes, plastic containers provide superior protection against moisture and external pathogens. This reduces the possibility of waste and preserves the freshness and quality of agricultural products, which in turn encourages market growth.
End Use Case
The food and beverage sector has emerged as the dominant force in the collapsible sleeve container market, accounting for the majority of revenue share over the forecast period. The market has experienced rapid expansion. High market share is the reason why packaged foods such as ready-to-eat meals, frozen meals, snacks, and bakery products are gaining popularity. This growth is mainly due to the convenience and long durability of the packaging. Furthermore, Fresh and frozen food items like meat, fruits and vegetables need to be packed by the food and beverage industry and this has fuelled the rise in collapsible sleeves containers required in its operation. As consumer demand increases, collapsible sleeve containers must be used for retail and bulk drinks like coffee, both for storage and transportation. The films reduce the risk of damage during transit by shielding the objects from outside influences and facilitating effective storage and transportation.
Market Dynamics and Drivers
Collapsible sleeve containers are becoming more and more popular because they satisfy the demands of various industries regarding sustainability and efficiency. Due to their collapsible design, these versatile industrial containers require significantly less space for storage when not in use. Companies in search of ways to boost their warehousing and storage capabilities will find this highly useful as the handling and storage costs will come down. These containers can be collapsed and freed for reuse; hence, they are very appealing to many unlike where disposable packages must be used. This has necessitated an increase in their market share due to efforts towards sustainability and waste reduction, as well as limiting pollution through the dumping of unused materials into the environment. Also, their compact design helps them to lower expenses and raise efficiency in logistics through simpler supply chain and transportation processes.
Further, its lightweight design, easy folding mechanism, and resilience in inclement weather are the main reasons why collapsible sleeve containers are becoming more and more popular, eventually overtaking traditional bulk containers. These qualities make them the go-to packaging option for sectors looking for efficiency and adaptability. Collapsible sleeves containers’ lightweight design makes them easier to handle and transport, which lowers logistical costs and improves overall operational efficiency. Additionally, their compact folding design maximizes warehouse capacity utilization by allowing for space-saving storage when not in use. Because of this, collapsible sleeve containers are becoming more and more essential in various sectors, such as manufacturing, logistics, agriculture, and retail, fueling the market’s expansion and continuous adoption.
Moreover, throughout the forecast period, the collapsible sleeves containers market is anticipated to benefit greatly from a slow but steady rise in global e-commerce sales as well as expansion prospects in emerging markets in developing nations. For instance, the projected total e-commerce sales for 2023 were $1,118.7 billion, up 7.6% from 2022. Moreover, 2023 saw a 2.1% (±0.4%) increase in total retail sales over 2022. In 2023, sales through e-commerce made up 15.4% of total sales. In 2022, sales through e-commerce made up 14.7% of total sales.
Figure 1: Estimated Quarterly Retail Sales, in Million Dollars, United Sales, 2020 to 2023
Source: Census.gov
Key Developments
In June 2023, com Introduces a New Foldable Sleeve Pack That Is Rackable. The responsible plastic pallet company, goplasticpallets.com, has introduced a new foldable sleeve pack in the UK to assist retailers and manufacturers in increasing warehouse storage, picking, and packing efficiency.
In July 2022, A new 48″ x 40″ collapsible bulk container was introduced by Monoflo International. The 48″ x 40″ footprint of this new bulk container makes it perfect for use in general distribution and food processing applications. This smooth-surfaced, high-pressure injection-molded bulk container is designed for strength and longevity. Optional ventholes help automated warehouse systems maintain the proper temperature, encourage airflow, and facilitate sprinkler evacuation. The BC 4840’s collapsible design increases backhaul and storage efficiency while accommodating 240 units on a 53-inch truck. Optional ventholes help automated warehouse systems maintain the proper temperature, encourage airflow, and facilitate sprinkler evacuation. Specifically designed to accommodate different supply chains, this bulk container comes with two height options and optional side doors on 48″ or 40″ sides.
In conclusion, companies are looking into techniques like downgauging, lightweighting, and optimizing package design to reduce material usage and minimize environmental impact during the packing process. All things considered, the shift toward more recyclable and environmentally friendly collapsible sleeve containers signifies a global commitment to reducing plastic pollution and creating a circular economy for packaging materials.
Insulated Shipment Packaging refers to several different packaging types – both small wraps or even big containers meant for shipping commodities. Insulated shipping boxes serve to keep products from getting damaged as a result of temperature changes during transportation because it creates insulation around the temperature-sensitive products; thereby preventing heat transfer between the packaging’s interior and exterior. Further, the demand for food and beverage products as well as personal care items has increased. These industries are expected to increase market demand as they use insulated shipping boxes as their final product.
Further, the increasing trend of organically grown produce all over the world is among the significant factors responsible for advancements in such industry. One of the reasons insulated shipping boxes are essential is because there is an increasing demand for medical drugs. In developed countries such as China and Japan where people live longer than before are suffering from various chronic illnesses, this has resulted in the growth of the international pharmacy market, with Asian states being among those showing the highest rates of expansion as compared to other parts of the globe. Some pharmaceuticals are typically shipped in insulated containers which include blood, vaccines, and medications that are sensitive to temperature.
Moreover, the adoption of environmentally friendly packaging techniques in insulated shipper space is gaining more and more attention from businesses. For instance, the product line-up of Atlas Molded Products, a division of Atlas Roofing Corporation, included DuraTherm BDT®, a biodegradable technology, in September 2023, for cold chain handling, transportation, and storage, more environmentally friendly packaging options are available with products like DuraTherm BDT.
Additionally, Hydropac launched the PharmaPac range of thermal packaging solutions in November 2023 to solve delivery problems and meet regulatory requirements for temperature-sensitive medications and vaccines. The polystyrene box, ice packs, thermal filter pack, and universal payload tray make up the PharmaPac Genesis.
Global production Trends
A key component of paper-based packaging is the idea of cellulose insulation which is increasing the market demand. The cellulose production process gives insulation materials a consistency that is comparable to conventionally used packaging materials, particularly those based on wool. Paper-based insulation materials with recycled content are being produced and consumed at an increasing rate, but due to the global wastepaper disposal issue, their adoption rate has been decreasing over time.
Further, Expanded Polypropylene (EPP) shippers are expanding due to the growing demand for effective cold supply chain solutions. The primary target audience for EPP-based boxes is food professionals and those involved in the logistics and health sectors. Eutectic plates can be added to EPP boxes to further enhance their performance.
End Use Case
The food and beverage sector has emerged as the dominant force in the insulated shipping boxes market as the food and beverage industries are using more and more insulated packaging. The growth rate is caused by variables like rising packaged food demand and rising ready-to-eat food consumption. Frozen food packs should be made in a way that helps keep them at a constant temperature during transportation as well as in storage so that they remain safe and of high quality throughout the whole distribution process. The said packs should be built in such a way that they are thermally insulated and have within them enough cooling elements for maintaining the product at a steady low temperature. Insulated shipping boxes are necessary as they restrict heat transfer from the outside environment to the interior of the package, which delays the point at which the temperature inside the package equalizes with the outside temperature. It is therefore expected that the broad application and widespread use of insulated packaging in the food and beverage industries will significantly propel the growth of the insulated packaging market in this industry throughout the forecast period.
Market Dynamics and Drivers
In the automotive and transportation sectors, high-value parts, components and surfaces are enclosed and safeguarded within the packaging during importation and exportation. Therefore, as manufacturing becomes more automated, there will be a greater need for insulated packages, which will propel the market. According to the International Trade Administration (ITA), China is the largest automobile market in the world, and the Chinese government projects that by 2025, 35 million cars will have been produced which results in the reduced costs of insulated packaging and enhancing productivity and leads to error-free supply chains.
Further, the rising global need for organic fruits and vegetables is the main force behind the sector. Different types of fruits and vegetables are grown with the help of organic farming methods across the globe. Therefore, such substances are frequently utilized as wrapping materials for fruit during transit to sustain their freshness. The surge in drug demand across the globe is one of the major forces behind insulation box use during shipping. The growth of the global medical industry has been facilitated by the rising number of individuals with enduring disorders and aged populations in countries like China and Japan. In many instances, insulated shipping boxes are frequently utilized to convey pharmaceutical materials such as blood vaccinations, and drugs that require specific temperature levels during storage or transportation, which in turn leads to high demand hence an increased size for insulation. For instance, by the end of 2023, the market had grown by 2% to £3.2 billion, nearly twice as much as it had in 2011.
Figure 1: Sales of Organic Products in Supermarkets, in USD Millions, 2022 to 2023
Source: Organic Research Center
Key Developments
In September 2023, Phase-change Material (PCM) and Pluss Advanced Technologies (PLUSS) have partnered to introduce two novel temperature-controlled packaging options for the pharmaceutical sector, the Celsure® VIP Multi-Use Parcel Shipper series and the Celsure® XL Pallet Shipper series. These recently created goods are an excellent substitute for costly rental containers and traditional gel pack solutions.
In March 2023, Peli BioThermal announced the expansion of its well-known range of reusable Crđdo shippers, which offer protection for deep-frozen payloads. Products will assist in addressing the increasing need to safely deliver temperature-sensitive biologics as well as time-sensitive cell and gene therapies to patients. The recently introduced Crđdo Cube Dry Ice shippers provide deep frozen payload protection for up to and frequently longer than 144 hours.
In conclusion, the continuous advancements in packaging and insulation materials are driving the growth of the insulated packaging market. Incorporating intelligent packaging solutions for real-time temperature-sensitive product monitoring and developing high-performance insulation materials with improved thermal properties are two ways to achieve this. Insulated packaging materials are often more expensive than conventional packing materials. This additional cost may deter some businesses, especially those with limited resources or those operating in price-sensitive industries.
Embarking on a journey towards a healthier lifestyle involves not just mindful choices but also a keen understanding of the building blocks that contribute to our well-being. In the realm of nutrition, certain ingredients stand out not only for their culinary versatility but also for their remarkable health benefits. Join us as we explore the “Top 10 Healthy Food Ingredients” that serve as nutritional powerhouses, offering a harmonious blend of flavor and wellness. From nutrient-rich superfoods to wholesome staples, this article unveils the essential ingredients that gratify our taste buds and also nourish our bodies, contributing to a balanced and health-conscious culinary experience. Let’s dive into the world of nutritious delights and discover the key components that make every meal a step towards a healthier, more vibrant life.
The top 10 food ingredients are:
Broccoli
Salmon
Ghee
Chickpeas
Yogurt
Berries
Eggs
Oats
Rice
Wheat
Let’s discuss each one in detail.
1. Broccoli
Broccoli has garnered significant attention recently due to its impressive nutritional profile and numerous health advantages. Recognized as a nutritional powerhouse, broccoli is rich in essential nutrients. It stands out as an excellent provider of vitamins C, K, and A, along with essential minerals like potassium, calcium, and iron. The vegetable also boasts several antioxidants, including vitamins C and E, β-carotene, and diverse flavonoids. These antioxidants play a crucial role in shielding cells from potential damage caused by harmful free radicals, thereby reducing the risk of chronic diseases. Additionally, broccoli serves as a valuable source of dietary fibre, contributing to digestive health by facilitating digestion, promoting a sense of fullness, and maintaining a healthy digestive system. In 2021, according to data from the Food and Agricultural Organisation (FAO) on Cauliflower and broccoli production, China produced 9537 thousand metric tons, India generated 9225 thousand metric tons, and the USA contributed 998 thousand metric tons.
Production of Cauliflower and Broccoli, in 2021, In Thousand MT
Source: Food and Agricultural Organisation
2. Salmon
Salmon is a versatile and flavorful ingredient that is widely celebrated in the culinary world. Known for its rich taste and high nutritional value, salmon is a popular choice in various cuisines. This fatty fish is a powerhouse of omega-3 fatty acids, which are essential for heart health and brain function. Its firm and succulent flesh makes it suitable for grilling, baking, broiling, or even raw consumption in dishes like sushi. Salmon complements a wide range of flavors and can be seasoned with herbs, spices, or marinades to enhance its taste. The distinct pink color of its flesh adds vibrancy to plates, making it an appealing ingredient for both home cooks and professional chefs. Whether served as a fillet, steak, or smoked, salmon’s unique flavor profile and nutritional benefits make it a beloved choice for creating delicious and wholesome meals.
In October 2021, JCCU introduced the “CO-OP Smoked Salmon Trout Cut-off” as the inaugural PB product utilizing BAP-certified salmon in Japan, marking a milestone in the CO・OP Sustainable Product series. This series prioritizes the main ingredients that align with environmental and societal friendliness. The Best Aquaculture Practices (BAP) certification, a comprehensive system covering hatcheries, feed mills, aquaculture farms, and processing plants, ensured environmental and social responsibility, as well as the health and food safety of the farmed fish and shellfish throughout all production stages.
3. Ghee
Ghee, a clarified form of butter, has a rich history and is a prominent ingredient in various culinary traditions worldwide. Produced by simmering butter to separate the milk solids and water content, ghee is known for its distinct nutty flavor and aromatic qualities. Its high smoke point makes it a preferred choice for cooking methods like frying and sautéing. Ghee is celebrated not only for its culinary versatility but also for its potential health benefits. It is believed to contain healthy fats, including conjugated linoleic acid (CLA), which may have anti-inflammatory and antioxidant properties. Additionally, ghee is free of lactose and casein, making it suitable for individuals with dairy sensitivities. Due to its rich flavor and numerous applications in both savory and sweet dishes, ghee continues to be a cherished ingredient in diverse cuisines.
In December 2020, the Department of Consumer Affairs conducted a survey evaluating various ghee brands. According to the comprehensive test results, Anik, priced at Rs. 54.5 per 100ml, claimed the top position, followed by Madhusudan at Rs. 55.5 per 100ml and Verka at Rs. 48 per 100ml. Verka was identified as the Value-for-Money brand. Mother Dairy exhibited the highest milk fat content, followed by Madhusudan and Amul. Verka showed the highest Vitamin A content, surpassing Anik. The survey confirmed the absence of adulteration with vegetable fat and animal fat in all tested brands. All brands met the minimum requirements outlined in national standards, affirming their compliance and safety for consumption.
4. Chickpeas
Chickpeas, also recognized as garbanzo beans, are legumes rich in protein, fibre, and complex carbohydrates, with relatively low-calorie content. They are commonly used in various Indian and Mediterranean dishes. The leading chickpea exporting countries in 2022 were Australia, India, and Canada, collectively contributing to over 40 percent of global exports. While Australia held the title of the largest exporter, it was not the top producer. Chickpea production increased from 813,000 tons in 2012 to 876,000 tons in 2021. In 2021, India emerged as the leading producer of chickpeas, with a production of 11.9 million tons, marking a growth of over 50 percent since 2012. Canada experienced a rise in production from 161,000 tons in 2012 to 214,000 tons in 2020, followed by a decline to 76,000 tons in 2021, attributed to decreased area and yields. Pakistan witnessed a drop in chickpea production from 751,000 tons in 2013 to 234,000 tons in 2021. In the European Union (EU), chickpea production decreased from 38,000 tons in 2012 to 3,200 tons in 2022, primarily due to a decline in harvested area since 2018. Bangladesh also saw a reduction in production from 7,000 tons in 2012 to 5,000 tons in 2021.
Production of Chickpeas Across Countries, From 2012 To 2021, In Thousand Tons
Source: US Department of Agriculture
5. Yogurt
Yogurt, a cultured dairy product, is not only a delicious addition to various culinary creations but also offers numerous health benefits. Rich in probiotics, yogurt promotes gut health by fostering the growth of beneficial bacteria in the digestive system. These live cultures contribute to improved digestion and absorption of nutrients. Additionally, yogurt is an excellent source of protein, calcium, and essential vitamins like B12. The probiotics in yogurt have been associated with enhanced immune function, helping the body defend against infections and illnesses.
Regular consumption of yogurt may also aid in weight management and contribute to heart health by supporting healthy blood pressure levels. With its versatility and health-promoting properties, yogurt stands as a nutritious ingredient that adds both flavor and wellness benefits to a diverse range of recipes. A 2020 study from PubMed Central reveals that around 6.4% of children and 5.5% of adults include yogurt in their diet. The study indicates that yogurt consumers are, on average, 3.0 years younger than non-consumers among children and 2.6 years younger among adults. While the proportion of male and female children consuming yogurt is similar, there is a lower percentage of adult males who incorporate yogurt into their dietary habits.
Consumption of Yogurt Among Children and Adults, In 2020
Source: PubMed Central
6. Berries
Berries are a vibrant and flavorful addition to various dishes, renowned for their delicious taste and numerous health benefits. Packed with essential nutrients, berries, such as strawberries, blueberries, raspberries, and blackberries, are rich in antioxidants, vitamins, and fiber. Antioxidants help combat oxidative stress in the body, potentially reducing the risk of chronic diseases. Raspberries, blackberries, and blackcurrants contain essential nutrients, including vitamin C, dietary fibers, potassium, and folates.
The vitamin C content in these berries varies from 9.7 to 60 mg/100 g, with strawberries containing the highest and blueberries the lowest. Strawberries, blackberries, and raspberries are notable sources of folate (vitamin B9) and potassium. Cranberries are particularly rich in vitamin E, while blackberries and blueberries boast high levels of vitamin K. Blackberries stand out as a rich source of beta-carotene, lutein, and zeaxanthin. Among these berries, blackcurrants have the highest levels of calcium, iron, phosphorus, and potassium. Incorporating these diverse berries into your diet not only provides a burst of delicious flavors but also ensures a nutritious intake of various vitamins and minerals.
7. Eggs
Eggs, a versatile and nutrient-packed ingredient, offer a myriad of health benefits. Rich in high-quality proteins, eggs provide essential amino acids necessary for muscle development and repair. They are also a fantastic source of vitamins, including B2 (riboflavin), B12, and D, contributing to energy metabolism and bone health. Additionally, eggs contain choline, aiding in brain development and function. Despite their past reputation, eggs are now recognized for their positive impact on heart health, as they are low in saturated fats and can help raise levels of “good” HDL cholesterol.
Moreover, eggs are a satisfying and convenient food, promoting a feeling of fullness and potentially aiding in weight management. With their versatility in culinary applications, from breakfast omelets to baked goods, eggs stand as a nutritious and delicious addition to a well-balanced diet. In the fiscal year 2021-22, the country’s total egg production was 129.60 billion units, reflecting a 6.19% increase compared to the previous year. The five primary egg-producing states in India were Andhra Pradesh (20.41%), Tamil Nadu (16.08%), Telangana (12.86%), West Bengal (8.84%), and Karnataka (6.38%).
8. Oats
Oats, a versatile and nutritious grain, have gained widespread popularity for their numerous health benefits. Packed with essential nutrients, oats are a rich source of dietary fiber, particularly beta-glucans, which have been linked to various health advantages. Regular consumption of oats has been associated with improved heart health by helping to lower cholesterol levels. Additionally, oats are a good source of vitamins and minerals, including manganese, phosphorus, magnesium, and B vitamins. Due to their low glycemic index, oats contribute to stable blood sugar levels, making them an excellent choice for those managing diabetes.
Oats also provide a satisfying and sustained energy release, making them a popular choice for a wholesome breakfast or snack. With their versatility, oats can be incorporated into various dishes such as oatmeal, granola, smoothies, and baked goods, offering a delicious and nutritious addition to a balanced diet. The European Union accounted for 29% of the global production of oats in the 2022/2023 period, amounting to 7.41 million metric tons. Canada contributed 21% to the global production, totaling 5.23 million metric tons, while Russia constituted 18% of the global production, reaching 4.5 million metric tons during the same period.
9. Rice
Rice, a staple food for a significant portion of the global population, is a versatile and nutritious ingredient with numerous health benefits. Rich in carbohydrates, rice serves as an excellent energy source, fueling the body with the essential fuel needed for daily activities. Additionally, rice provides essential nutrients like vitamins and minerals, contributing to overall well-being. Brown rice, in particular, retains more nutrients due to its minimal processing, offering a good source of fiber, B vitamins, and minerals. The consumption of rice is associated with promoting digestive health, supporting weight management, and providing a gluten-free option for those with dietary restrictions. Its versatility allows for various culinary applications, making it a fundamental ingredient in diverse cuisines worldwide.
Overall, rice stands as a wholesome and nutritious ingredient that plays a vital role in promoting a balanced and healthy diet. The introduction of a partial rice export ban by India in July 2023 marks a substantial change in the rice supply chain in Sub-Saharan Africa. Importantly, about 40 percent of the total consumption in the region is reliant on imports. Over recent years, Sub-Saharan Africa has increasingly depended on India as a major source of rice. The annual share of rice imports from India to Sub-Saharan Africa witnessed a significant surge, rising from 31 to 66 percent between 2019 and 2022, attributed to competitive pricing.
10. Wheat
Wheat is a versatile and widely consumed ingredient known for its health benefits. As a staple in many diets around the world, wheat offers essential nutrients, including dietary fiber, protein, and various vitamins and minerals. Whole wheat, in particular, is rich in fiber, promoting digestive health and aiding in weight management by providing a sense of fullness. The complex carbohydrates in wheat contribute to sustained energy release, making it an excellent source of fuel for the body.
Additionally, wheat contains B-vitamins, such as folate, which plays a crucial role in cell division and DNA synthesis. While incorporating wheat into a balanced diet, it is important to consider whole grain options for maximum nutritional benefits. In January 2024, Ukraine anticipated a rise in wheat exports by 1.5 million tons to reach 14.0 million tons, attributed to robust exports to the European Union. However, the overall exports from Ukraine remained 22 percent lower compared to the previous year, primarily due to challenges in exporting to Africa and Asia through deep-seaport facilities, particularly before establishing the humanitarian corridor. The European Union’s wheat imports are projected to increase by 2.5 million tons in January 2024 to reach 11.0 million tons, although still slightly lower than the previous year. Looking ahead to the 2023/24 period, Russia is poised to achieve a new global export record, reaching 51.0 million tons, reflecting an increase of 3.5 million tons compared to the previous year.
https://www.knowledge-sourcing.com/resources/wp-content/uploads/2024/01/Top-10-Food-Ingredients.jpg5191000Gaurav Singhhttps://www.knowledge-sourcing.com/resources/wp-content/uploads/2023/02/Printable-Resolution-big-300x78.pngGaurav Singh2024-06-22 05:09:412025-05-07 07:35:19Navigating Wellness: Unveiling the Top 10 Food Ingredients
The photoelectric sensor market is evaluated at US$1.708 billion for the year 2022 and is projected to grow at a CAGR of 10.23% to reach a market size of US$3.860 billion by the year 2029.
Photoelectric sensors are those that measure an object’s colour and distance. Light-emitting diodes are used as the light source in these position sensors. The sensor functions based on the idea that light is emitted onto an object by the sensor reflected onto the photoelectric sensor, and so on. The sensor can find out the distance of an object from itself by measuring the time it takes a light beam to hit the object and then return. The application of photoelectric sensors is expanding into new frontiers including construction and automotive sectors. In the industrial sector, there is an increasing trend where companies use photoelectric sensors for detecting position misalignments.
The sensors are placed at specific points so a product’s location can be detected and if its position is correct or not. This data is transmitted to the relevant localization device that can be modified accordingly with data obtained from the sensors. Various factors that are making photoelectric sensors popular include the use of digital network technology which is increasing rapidly.
Increased demand is another effect of the Industrial Internet of Things (IIoT) growing penetration. All facets of automation and control in industrial and process systems depend on sensors to provide accurate and dependable data. This product is used in the Industrial Internet of Things to measure pressures, positions, and other important production parameters.
It is also anticipated that a steady increase in military spending in both developed and developing nations would spur market expansion. These sensors are employed by the aerospace and military sectors for biological agent surveillance and detection to protect both civilian and military populations. Throughout the forecast period, the introduction of smart photoelectric sensors is also expected to boost market growth. These smart sensors come with several benefits, including lower maintenance costs, increased dependability, lighter weight, and shorter downtime.
Further, the rise in demand for more advanced sensing technologies in industrial automation due to the increasing need for smart manufacturing is significantly affecting the photoelectric sensors market. This is because smart manufacturing heavily depends on live data capture, scrutiny, and actuation, necessitating bigger sensors.
As firms adopt smart manufacturing technologies to enhance productivity, efficiency and flexibility, demand for photoelectric sensors is increasing. Because they are capable of detecting objects, measuring distances, tracking position, velocity and various characteristics of quality, photoelectric sensors are indispensable in intelligent manufacturing systems and are therefore increasing as companies strive to improve productivity which is also increasing the demand for smart sensors adopting intelligent manufacturing technologies. Automated machinery and equipment need to be operated with precision if they are to work well
The Photoelectric sensor market, by type, is divided into three types- Thru-Beam, retroreflective, and diffused. Thru-Beam technology is perfect for accurately detecting transparent objects and allows for lower installation and maintenance costs. It is also capable of effectively detecting both small and large objects
Over the course of the forecast period, the diffused segment is expected to grow at a moderate rate. Due to the advantages of thru-beam technology, which includes long sensing ranges and stable operation, the market is expected to grow during the forecast years
The photoelectric sensor market, by end-user, is divided into six types- Consumer electronics, packaging, semiconductor, manufacturing, automotive, and others. Photoelectric sensors are capable of sensing a wide range of materials and objects of different sizes. They are long-lasting, low-cost, and have a wide sensing range. The market for these photoelectric sensors is growing as producers try to boost productivity without compromising product quality. Massive losses could ensue from any defect during the manufacturing process. This is why photoelectric sensors are installed on production and assembly lines by manufacturers. Can you guess why food and beverage companies utilize photoelectric sensors? They are for counting small items, evaluating the size of the product, as well as detecting off-centre bottle tops. When it comes to safe and efficient operations within the material handling industry or logistics robotic trucks and pickers employ photoelectric sensors.
The food and beverage industries’ increasing focus on technology and mechanical food processing to create high-value food products is driving the demand for photoelectric sensors. Automation also results in standardization across all packaged foods and beverages. As fewer people are involved, food contamination cannot occur and all health regulations are ensured.
The Asia Pacific region is expected to witness significant growth in the Photoelectric sensor market during the forecasted period. The region’s photoelectric sensor market is growing as a result of rising safety regulations in nations that are developing like China, Japan, and India, growing acceptance of IIoT in various industrial facilities, and growing use of advanced technology.
Photoelectric sensors are increasingly significant in industrial automation because of their role in enabling object identification, positioning, and process surveillance–all of which enhance productivity as well as operational effectiveness. This is largely due to the rapid growth being experienced in end-user sectors such as consumer electronics manufacturing, automobile production, and garment making.
The research includes several key players from the Photoelectric sensor market, such as Omron Corporation, Pepperl+Fuchs, Telco Sensors, Sick AG (Sick Holding GmbH), Panasonic Corporation, Keyence Corporation, Rockwell Automation Inc., Leuze Electronic GmbH, Schneider Electric, Banner Engineering.
The Decarbonization Market: Driving the Transition to a Low-Carbon Economy
BlogSuch a direction is termed as decarbonization results in fewer CO2 emissions produced for each unit of electrical power. It is imperative to have transportation and electricity generation emit less carbon dioxide for the world´s temperature objectives as per the government’s directive. The amount of greenhouse gases can be reduced by escaping into the troposphere with the help of certain sources of energy, which contain low content of carbon dioxide.
Decarbonization is only feasible by the adoption of an energy transition that eliminates carbon from the production of energy. Implying electrification of the commercial sector, there should be employed clean and renewable energy sources that do not emit more than environment-bearing capacity such as solar power plants.
Further, the major players in the global decarbonization market are focusing on mergers and collaborations to expand their innovation spaces and take the solutions of the decarbonization platform in new areas. For instance, in May 2023, RINA and Eni chose to consolidate their ventures to support energy transition into low-carbon economies through maritime industries where a combination of their know-how would be instrumental.
Global Trends
On-premises deployment is used for combating climate change in the fight against climatic change. It means decreasing or completely stopping carbon emissions from numerous sources such as buildings, energy generation, transport and industrial processes. By installing renewable energy sources on-site such as solar panels, wind turbines or even small-scale hydroelectric units, institutions can reduce their dependency on oil and avoid releasing undesirable gases into the atmosphere.
Further, the use of cloud solution is less expensive, easier to execute, maintain, and upgrade, and highly scalable to deploy decarburization. It also offers benefits like speed, data control, security, and round-the-clock support, which makes it the best option for customers. Public cloud solutions, which is also called cloud infrastructure provide on-demand variable processing capability and pay-as-you-go pricing and this significantly minimizes the cost of business computing.
End Use Case
One method to reduce carbon dioxide emissions arising out of energy sources’ production and use to prevent global warming as well as being able to have an environmentally friendly energy system from renewable resources is through decarbonization. Decarbonization is the process of shifting from coal, oil, and gas to alternative energy sources such as solar power and wind power, among others. This means that the electricity produced from these sources contains no Greenhouse gases.
Moreover, fossil fuels are dug, drilled, and burnt to generate power by the oil and gas sector thus causing greenhouse gases to accumulate rapidly in the environment. In the language of the oil and gas industry, the term decarbonization refers to any aspect of decreasing the carbon footprint and moving into a low-carbon, sustainable energy future. Among the top goals of decarbonization is to cut down on emission linked with natural gas and petroleum products by extraction, processing and movement.
Market Dynamics and Drivers
There is increased public awareness about environmental problems and climate change such that consumer preferences are changing for more sustainable goods and services. Several things are forcing them to implement eco-friendly procedures as a result of the fact that they are being pushed towards decarbonization and in line with that demand. At the same time, various decarbonization efforts are being supported by different authorities across the globe. Such measures consist of carbon pricing mechanisms, requiring the use of renewable sources of power, and setting goals of cutting emissions among other things meant to promote clean technology financially as the CO2 emission has increased, for instance, global Greenhouse gas (GHG) emissions increased from 53056.61 in 2021 to 53786.04 in 2022.
Figure 1: GHG Total Emission, Mton Co2eq, Global, 2021 to 2022
Source: EDGAR – Emissions Database for Global Atmospheric Research
Further, Businesses and consumers are tackling the effects of carbon on the environment with fresh and creative approaches as they become more aware of them. For instance, Braskem introduced bio-based plastic made from Brazilian sugarcane in August 2022. The bio-based plastic is easily recyclable and has a large useful life. Packaging for consumer goods will be made from this bio-based plastic. Therefore, it is anticipated that increased awareness of the use of packaging solutions will grow the market in the upcoming years.
Governments in developing countries are spending a lot of money on decarbonization as they understand the seriousness of the issue. Moreover, the Office of Energy Efficiency & Renewable Energy which is part U.S. Department of Energy declared that they would spend 156 million dollars on high-impact applied research projects meant for the reduction of carbon emissions throughout the US industrial estate. The FAO will drive innovation and technology for the development of next-generation technologies for decarbonizing industries, under the direction of EERE’s Industrial Efficiency and Decarbonization Office (IEDO).
Key Developments
In conclusion, the market is expanding because of the notable increase in the use of renewable energy. The switch to low-carbon fuels and the strict environmental laws that are in place in the majority of developed nations have greatly boosted the renewable energy industry. The installed renewable capacity in the energy generating market has expanded in recent years due to growing environmental concerns and pressure to reduce the harmful effects of greenhouse gases (GHG). This has contributed significantly to the expansion of the wind and solar energy industries.
Rising Data Center Establishments: Key Factors Shaping the Plus-Managed Network Switches Market
Thought ArticlesPlus-Managed Network Switches are network devices managed by different networks, enhancing the management of network infrastructure. These switches help in controlling, managing and observing traffic within a Local Area Network, as well as permitting communication between Ethernet devices. These switches are utilized in data centers and small businesses because of their network monitoring capabilities. The overall market is anticipated to grow at a faster rate due to the bolstering growth in these applications.
Moreover, the managed switch market is made up of worldwide trade and demand for network switches with sophisticated management features. Managed switches are crucial parts of computer networks because they enable effective packet routing and control between connected devices. These switches are unique in that they allow administrators to have fine-grained control over remote configuration and monitoring.
Further, companies are embracing digital technology to better their performances. With the introduction of cloud computing, and the Internet of Things among other technologies, there has been a great need for fast reliable networks in the recent past. Consequently, this has led to an increased demand for routers and switches while the same trend continues. Moreover, the uptake of internet-ready apparatus has exploded in all corners of the globe leading to growth within this sector.
Global Trends
The growth of bandwidth and speed is significantly made possible through Plus-managed switches. There has been heightened demand for high-speed network switches meant to meet the increased need for faster data rates such as 10 Gigabit Ethernet (10GbE), and 25 Gigabit Ethernet (25GbE). Presumably, switch technology will continue evolving at an even faster pace relative to current workloads and other data-rich applications.
End Use Case
Plus-managed network switches deliver economical network segmentation, traffic prioritization and network monitoring for small enterprises. In order to provide fundamental networking features, these switches are required. Because it is plug-and-play compatible, small to medium-sized businesses can benefit greatly from it. The market demand for managed network switches is expected to be positive due to the increase in the number of MSME establishments. For example, the U.S. Small Business Association (SBA) estimates that there are 33.2 million small businesses in America, making up 99.9% of all firms..
Moreover, corporations need smart switches to help automate acts like enforcement of policy, provision and resolving troubles in networks. Automation expedites network operations, saves time, and lowers the possibility of human error. Integration of AI and machine learning promises optimal functioning, this will also result in more proactive problem-solving and its ability to make intelligent decisions. In response to current cyber threat landscape trends, managed switches will adopt future perfective(es) features like Intrusion Detection (ID), Encryption (EN) and Access Control (AC) as a result of evolving requirements within this sector. To automate threat mitigation, this then strengthens the network defences through integrating security framework.
Market Dynamics and Drivers
Plus-managed switches are designed specifically for enterprise-sized businesses, which require much greater control over network traffic, or for businesses that use data centres and have much larger network coverage areas. The recent establishment of data centers in various places means more opportunities for business growth in the future. In March 2023, the initial data center was established by OVHcloud in India to cater for the Asian Pacific region. It should also be noted that apart from the one in place at this time, two other data centers will be under construction soon in Australia as well as Singapore.
Further, to fully utilize AI technology, more computer processing and decision-making procedures are required. The locations of AI processing and data storage could be anywhere from the cloud to on-premises data centers to the edge of the network, depending on factors like performance, capacity, and cost. Edge computing would have a major impact on the market under consideration. It is predicted to benefit greatly from connected devices, innovative industries, and connected cars.
Additionally, managed switches are incorporating sophisticated security features like intrusion detection, encryption, and access control which are adaptive to the changing cyber threat landscape. Automation of threat mitigation, together with integration of security frameworks serve to beef up network defenses. It is in sectors like healthcare, finance and government where data breaches can imply severe outcomes that safe switches are greatly imperative. For instance, the estimated costs of of cyber attacks increased from US$8.44 trillion in 2022 to US$11.50 trillion in 2023.
Figure 1: Estimated Cost of Cyber Crime, in USD Trillions, Global, 2022 to 2023
Source: weforum.gov
Further, the complexity of modern IT infrastructures has caused a paradigm shift in the managed switch industry, with increased network management capabilities at the forefront. Moreover, growing demand for IoT connectivity, integration of advanced security features and adoption of cloud-based management solutions are shaping the landscape of next-generation networking systems.
Key Developments
In conclusion, Plus-managed network switch market is characterized by multiple small and medium vendors and several well-known multinationals. In order to increase access speed and increase router and switch space, major players concentrate their R&D efforts on releasing the most recent technologies. In addition, a lot of suppliers are expanding internationally in order to improve their market share and earnings. The adoption rate of plus-managed network switches is anticipated to rise as a result of these initiatives.
Acne Treatment Market is projected to grow at a CAGR of 5.36% to reach US$16.652 billion in 2029
Press ReleasesThe acne treatment market is evaluated at US$11.554 billion for the year 2022 and is projected to grow at a CAGR of 5.36% to reach a market size of US$16.652 billion by the year 2029.
Acne is a type of common skin condition, which generally occurs in young and teenage populations. Its breakouts can occur anywhere on the skin, like the face, neck, and shoulders amongst numerous parts. Acne generally occurs when the pores of the skin are choked by oils, dead skin cells, and dirt. Acne may also grow into a pimple or zit. There are numerous types of acne lesions, among which blackheads and whiteheads are among the most common. A blackhead, also known as an open-comedone, occurs on the skin, which gets black by exposure to the oxygen in the air. The whiteheads, or closed-comedones, are a type of raised bumps under the surface and are flesh-colored. Apart from dirt and oil, numerous other aspects increase the growth of acne in the skin, like smoking, poor sleep schedule, stress, family history, and hormonal changes due to puberty or pregnancy.
There are three major modes of treatment of acne, several mild, moderate, and severe treatment methods for treating acne on the skin. The mild method contains using over-the-counter medications, like benzoyl peroxide and salicylic acids. The moderate treatment comprises prescription drugs, like erythromycin or clindamycin antibodies and retinol. The severe treatment procedure includes oral antibiotics, benzoyl peroxide, and topical antibiotics, prescribed by the dermatologists. The severe treatment procedure also includes various procedures like photodynamic therapy (PDT), dermabrasion, chemical peel, and cortisone injections.
Various companies are introducing new formulations and product ranges to attract a new consumer base in the acne treatment market. Some products like retinoids are not suited for consumers with sensitive skin. To solve this issue, various companies have introduced products with new formulations to attract consumers with sensitive skin bases. For instance, Cetaphil, a global skin care industry leader, introduced its new retinol-alternative products range for sensitive skin. In August of 2023, Zydus Lifesciences received the US FDA approval for its isotretinoin capsules, which can treat severe cystic acne.
The acne treatment market by product is segmented into retinoids, antibiotics, isotretinoin, and others. Under the product segment of the acne treatment market, the retinoid is estimated to attain the maximum share. Retinoids are a type of chemical compound, which are related to vitamin A or vitamin B. It is generally used to regulate epithelial cell growth and also regulates the apoptosis of cells. The retinoids also have anti-wrinkle properties, strengthen the functions of the epidermis, and restrain water loss. Retinoids are among the most common treatment medications for acne. The retinoids reduce the acne outbreak and prevent the dead cells from clogging the skin’s pores. These are also used in reducing minor scars on the skin. The retinol usually takes 6 or more weeks to experience the full result in the skin.
The acne treatment market by route of administration is segmented into oral and tropical. The oral medication route, under the route administration segment of the acne medication, is projected to attain maximum market share. The oral medicine for acne treatment contains various forms of antibiotics, isotretinoin, spironolactone, tretinoin, and tetracycline among others. Using antibiotics for acne treatments can decrease inflammation, and redness of the skin, and it also stops bacteria formation.
The market of acne treatment by distribution channel is segmented into hospital pharmacies and retail & online pharmacies. In the acne treatment market, the retail and online pharmacies category of the distribution channel segment is estimated to attain a greater share. In the retail and online pharmacies categories, various overt-the-counter acne treatment medications like retinol, benzoyl peroxide, hydroxy acids, and salicylic acid are usually sold at a larger volume. Similarly, the increase of online retail or e-commerce in the global landscape is also expected to boost the category in the acne treatment market.
Based on geography, the acne treatment market is expanding significantly in the Asia Pacific market, as the region is among the biggest teenage populations with increasing pollution and dirt in the region. Various Asian countries like India, Bangladesh, and Pakistan are among the world’s developing nations, which means an increasing infrastructural development, resulting in an increase in dust particles in the air. These nations also have high pollution in the environment, which is also among the main roots of acne in the region. The region also offers a developing and modernizing healthcare infrastructural development, which is forecasted to propel the growth of the acne treatment market in the region.
The research includes several key players from the acne treatment market, such as Phytomer, Skin Medica (Allergan, Inc.), Obaji, Revision Skincare (Gryphon Investors), Sente, Jan Marini Skin Research, Botanix Pharmaceuticals, The Derma Co. (Honasa Consumer Ltd), and Curology.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/acne-treatment-market
This analytics report segments the acne treatment market as follows:
Segmentation:
Activated Carbon Market: Industry Growth Factors and Technological Advancements
BlogActivated carbon is used as a material that contains tiny pores and has a lot of internal surface area. The fact that it contains pores means that it can take in various substances from liquids or gases. It is possible to remove dangerous materials and gases found in flue gas, natural as well as industrial wastewater streams etc., by using activated carbon which has adsorption properties. The product is primarily used in gas purification, air filtration systems, gold purification, metal extraction, and decaffeination. Moreover, it is frequently difficult to extract powdered activated carbon from water treatment reservoirs, and it is not reactivable once used. Thus, the limitations of activated carbon as a filter prevent the market from growing.
Moreover, the demand is also increasing due to the need for sewage and water treatment applications and is expected to grow. It has the highest number of small holes on a surface among all types of activated carbons. The surface area of these substances grows with the rising number of holes thus boosting their adsorption properties. This kind of charcoal is normally necessary for purifying drinking water or cleaning waste products at sewage treatment plants. It is predicted that industrial growth will be spurred on by advancements in manufacturing technology.
Global Production Trends
Adsorption capacities are high according to a wide range of treatment goals including the removal of various particles. To satisfy the rising demand for PAC, businesses like Cabot Corporation increased the amount of activated carbon they could produce in Canada by twofold. The company announced that it would increase its PAC production capacity by 35 million pounds per year to meet the high demand for the product from the coal-fired utility sector for the removal of mercury.
Further, the market for granular activated carbon is expanding rapidly as well. Its regeneration is the reason for this. Municipal water treatment facilities and air treatment facilities use a lot of GAC. In GAC production, coconut shell charcoal and coal are the two primary raw materials utilized. One crucial element that will possibly prop the market up is the increasing need for water treatment methodologies due to set standards and regulations by industries demanding their application. To protect the environment, governments and agencies have released these standards. These efforts are anticipated to help the market over the anticipated period.
The gas phase primarily consists of air filtration. The product’s primary formulators for gas phase applications include Kuraray Corporation and others. Activated carbon is widely used in air purification products such as air conditioners and gas masks. The product is also used for solvent recovery, gas separation, and other uses in gas phase applications.
End Use Case
One method to reduce carbon dioxide emissions arising out of energy sources’ production and use to prevent global warming as well as being able to have an environmentally friendly energy system from renewable resources is through decarbonization. Decarbonization is the process of shifting from coal, oil, and gas to alternative energy sources such as solar power and wind power, among others. This means that the electricity produced from these sources contains no Greenhouse gases.
Moreover, fossil fuels are dug, drilled, and burnt to generate power by the oil and gas sector thus causing greenhouse gases to accumulate rapidly in the environment. In the language of the oil and gas industry, the term decarbonization refers to any aspect of decreasing the carbon footprint and moving into a low-carbon, sustainable energy future. Among the top goals of decarbonization is to cut down on emissions linked with natural gas and petroleum products by extraction, processing and movement.
Market Dynamics and Drivers
Activated carbon is widely used to remove synthetic organic contaminants, natural organic chemicals, and taste and odour components from drinking water. Activated carbon works well as an adsorbent because of its high rate of porosity and broad surface area, which permit for adsorption of contaminants. Further, water-softening processes may also involve activated carbon. Moreover, residential point-of-use filters are essentially the only household water treatment systems that could wholly eliminate heavy metals such as lead from the supply..
Moreover, significant manufacturing sectors produce a lot of wastewater. This water contains many harmful substances such as organic materials, non-biodegradable chemicals, and some metals and oxides too. Therefore, it is necessary to purify the contaminated discharge from dehydration while dehydration, nausea, diarrhea, gastrointestinal disorders, or even death result from using untreated contaminated water. In addition, as the population and pollution levels rise, the demand for clean, safe water increases. For instance, as per UNESCO, approximately 70% of freshwater withdrawals globally are attributed to agriculture, with industry coming in second at less than 20% and domestic or municipal uses at around 12%.
Figure 1: Percentage of Freshwater Withdrawal for Different Sectors Globally
Source: UNESCO
Activated carbon is applied to decrease strong alcohol levels in alcoholic beverages. During procedures involving abdominal radiography, it is used as an anti-flatulent. In addition, it serves as a filtering medium for blood dialysis patients with kidney disorders and is added to wound dressings to manage odour. The number of patients with various diseases is likely to rise due to growing health concerns linked to sedentary lifestyles and poor eating habits. This is expected to increase demand for implantable surgeries and further propel the global market’s growth. Due to their more inelastic requirements, drugs will be the main driver of this growth in cases of rare diseases, diabetes, obesity, HIV, COPD, cancer, and immune stimulants.
Key Developments
In conclusion, the market for activated carbon is characterized by intense competition, with a small number of major players controlling a large portion of the market. This suggests that the market, which is dominated by small and medium-sized businesses, could be more cohesive. Diverse market needs are met by these companies through providing various kinds of activated carbon products used for different purposes. Despite competition from other sectors, the market is expected to develop with time as more industries need this type of product, such as those involved in food processing or manufacturing beverages; as well as air purification purposes among others which include water treatment issues.
Expanding Building & Construction Industry: Key Trends Shaping the PVC Packing Straps Market
Thought ArticlesPVC packing straps are a kind of material that can be used to combine, hold, secure, or hold different objects together. These straps are sometimes referred to as strapping in the packing industry. PVC packing strap sales are also expected to rise sharply in the construction, paper, and cotton industries. In the plastic strap industry plastic straps would benefit from having properties such as being of low weight, high tensile strength, flexible, and easy to handle. The demand for strapping materials as well as pharmaceuticals, medical items, and electronics products is growing so the market for plastic straps is growing too.
Further, it is expected that growth in the packaging industry, in e-commerce and online deliveries plus transportation of bulky items across sectors like supply chain management industries will contribute to the strapping materials industry. The increased demand for PVC packing straps owing to the transportation of items trend and e-commerce surge raises the need for items such as an elastic carrying belt or anything else made from PVC material. Factors responsible for the increased demand for PVC packing straps include their bendability, lightness, and easy handling.
Global Production Trends
Polypropylene straps have many benefits, which include high tensile strength, enhanced flexibility, lightweight, ease of handling, superior elongation, resistance to chemicals, rustproof, and more. Furthermore, polypropylene improves the products’ visual appeal and security. Additionally, because it is stable against temperature fluctuations between -10 and +50 C, it can be used with any kind of strapping machine, including automatic and semi-automatic strapping machines. Being a frequently recyclable material, polypropylene is a greener substitute. Hence, These extensive characteristics of polypropylene straps during the estimated time will raise the need for straps in different places due to the following aspects.
End Use Case
Currently, the global construction sector is undergoing a rapid expansion mainly in countries such as Saudi Arabia, Indonesia, China, and India, among others. This will lead to an increase in demand for strong materials used in securing cargo and other items that are carried to the construction site hence causing PVC packing straps market demand growth over the forecast period. Because latex straps, like polyester straps, have more elasticity, can withstand weather, and perform well under shock loading, they are preferred over paper straps for building material packaging. They are therefore used in the packaging of building materials, such as clay bricks, plywood, chipboard, and plasterboard.
Further, to prevent damage or manufacturing delays, automotive components such as wheels, parts, body panels, instruments, and replacement parts must be packaged and secured to the highest standard of dependability. Plastic straps are important in protecting car elements from damage as they’re being handled, transported or kept away. Moreover, with more automation in production there would be a higher demand for plastic straps to pack auto parts: thus expanding its economy.
Market Dynamics and Drivers
The shipping industry, which is growing the demand for these packaging solutions on the global market, is largely driven by the e-commerce sector. For instance, according to the Department of Commerce’s Census Bureau, retail e-commerce sales in the United States totalled an estimated $289.2 billion in the first quarter of 2024, after adjusting for seasonal variations, recording a 2.1% rise from 2023’s equivalent quarter. PVC packing straps are inexpensive and durable for packing big items because they are composed of polypropylene resin, which is also lightweight and inexpensive.
Figure 1: Retail E-commerce Sales, in Billions, United States, 2023 to 2024
Source: Census. gov
Furthermore, the plastic straps market’s main growth drivers have been identified as the expanding packaging, logistics, and construction sectors. The demand for logistics and transport services has risen significantly due to the fast growth of industrialization and commercialization in emerging global areas. Strapping materials are largely used at production sites to hold or secure items when moving them to retail points.
Moreover, Strapping has found its most widespread application in packaging. Both industrial logistics and storage rely heavily on packaging, hence, the increasing demand of plastic straps in these areas. In addition to enhancing environmental stability during outdoor storage, UV-stable grades of plastic straps can be utilized. Therefore, this will help accelerate the growth of the division’s income even more since it surpasses similar items by operating more effectively and being cheaper. For instance, Mosca offers PET PVC straps that are both highly tensile and tear-resistant. Depending on their width, they can support weights ranging from 185 to 580 kg and effectively absorb shocks during transit. PET strapping is available in widths ranging from 9.5 to 15.5 millimeters and is manufactured with tight tolerances. It can be easily recycled after use because it is composed entirely of recyclable plastic bottles. It has excellent load security due to its high stability. Its consistently high quality assures a high machine availability.
Key Developments
In conclusion, PVC packing straps offer a lot of advantages. Since PVC is much less expensive than other strapping materials like steel, they are regarded as an affordable packaging material. Furthermore, PVC is lighter than other materials, which contributes to a reduction in the total weight of packed goods and facilitates efficient transportation. PVC also has a higher impact tolerance than other materials, which adds to its durability. End users are drawn to PVC packing straps because of the previously mentioned advantages, which will drive the market during the forecast period.
Source Measure Unit Market size worth US$1,158.600 million in 2029
Press ReleasesThe source measure unit market is evaluated at US$588.684 million for the year 2022 and is projected to grow at a CAGR of 10.16% to reach a market size of US$1,158.600 million by the year 2029.
The source measure unit devices or SMU devices is a type of instrument, that combines sourcing and measurement functions. It combines power supply, electrical load, and digital multimeter in a single instrument. The SMUs are used for the characterization of the semiconductors, monitoring the power consumption pattern of a microcontroller, and simulating a battery for IoT devices. It offers multiple benefits to the user, as it improves the transmission speed, and can be programmable for multiple functions.
The source measure units play an important role in multiple industrial applications. Various companies in the global market are introducing new products with new technologies to attract new consumers. For instance, in July 2023, Keysight Technologies introduced its new source measure units, to speed up the characterization of semiconductors. According to the company, the products have the capability of flexible software integration, along with simplified system integration.
The source measure unit market by products is segmented into general purpose SMUs, application specific SMUs, and precision SMUs. Under the product segment, the general purpose SMUs are estimated to attain a greater market share in the source measure unit market. The general purpose SMUs offer measurement flexibility, along with high-accuracy test application.
The source measure unit market by current range is segmented as µa – 1 Ma, Ma – 1 A, and above 1 A. Under the current range segment of the source measure unit market, the Ma – 1 A category is estimated to attain the maximum market share. The Ma – 1 A ranged SMUs offer wide industry applications, and offers features of both the other categories. These are the user-friendly SMUs, with high-speed digitization capability.
The source measure unit market by form factor is segmented as benchtop and modular. Under the form factor segment, the benchtop category of the source measure unit market is projected to attain maximum share. The benchtop SMUs are designed to be placed on a bench and are generally bigger and heavier than the modular SMUs. The benchtop SMUs offer more accurate voltage measurement, and power supply as compared to the modular units. The benchtop SMUs also measure the current and load response of any devices.
The source measure unit market by industry vertical is segmented into automotive, IT & telecommunication, aerospace & defense, healthcare, and others. Under the industry vertical segment, the IT and telecommunication category is expected to attain a greater market share in the source measure unit market. In the IT and telecommunication industry, SMUs are a multi-dimensional application, like the characterization of solar cells, testing batteries, and testing of resistance and conductance of any material. The IT and telecommunication industry is witnessing rapid growth in the global landscape, which in turn will boost the source measuring unit market in the globe.
Based on geography, the source measure unit market is expanding significantly in the Asia-Pacific region, as the region offers an increasing industrial landscape globally. Countries like China, India, South Korea, Taiwan, and Vietnam are among the global IT and telecommunication hubs, that require multiple applications of the source measuring unit devices. Similarly, the region also offers a developing and expanding healthcare industry, with multiple governments increasing the investment and budget share towards the development of the healthcare infrastructure in the nations of the Asia Pacific region. Similarly, SMU devices play an important role in the defense and aerospace industry, which is also rapidly expanding in the Asia Pacific region. The nations like India, China, Japan, South Korea, and Australia are among the biggest defense spenders in the globe, simultaneously increasing the domestic aerospace and defense industries in their nations.
The research includes several key players from the source measure unit market, such as Keysight Technologies, Tektronix, Inc. (Fortive), Rohde & Schwarz, Yokogawa Test & Measurement Corporation, VX Instrument GmbH, Advantest Corporation, Premier Farnell Limited, Chroma Ate, Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/source-measure-unit-market
This analytics report segments the source measure unit market as follows:
Collapsible Sleeve Containers: Revolutionizing Storage and Logistics
BlogContainers with collapsible sleeves are foldable. Collapsible containers lower the external volume required for transportation and logistics by folding and saving money. Manufacturers offer collapsible sleeve containers made of plastic, wood, and metal among other materials. Collapsible containers are offered by manufacturers for the packaging of a range of commercial and industrial products. Pallets, boxes, crates, and bulk bins are among the many products available on the global market for collapsible containers. Compared to traditional packing materials, nestable trays, crates, boxes, and other packaging items are more widely used. Manufacturers of containers with collapsible sleeves offer a vast array of product types.
Further, the available global trends show that sustainability together with recyclability are increasingly important in the field of collapsible sleeves containers. As environmental problems continue to mount and various governments start initiatives to cut down on plastic waste, producers and buyers strive to find some eco-friendly replacement measures. Because of this development in materials science and package design, flexible plastic packaging is more easily made biodegradable and recyclable. In addition, there is an increasing demand for packaging solutions that use recycled materials or biologically grown polymers from sustainable sources.
Moreover companies are studying methods such as opting for thinner materials or smaller sizes using lighter weights per unit volume of product and making the best possible choices when it comes to packaging design in order to save on materials and decrease environmental impact in the process of packaging. When one thinks about it, the move towards collapsible sleeves containers which can be used more than once or that do not harm nature in any way shows worldwide resolve by companies to fight against plastics pollution by recycling them and finding other ways of packaging without harming the environment.
Global adoption Trends
Foldable plastic boxes and containers are a useful post-harvest handling solution in the agriculture sector. Because of their portability and simplicity of use, they are ideal for storing and transferring fresh produce, such as grains, fruits, and vegetables.
The protective qualities of containers promotes the collapsible sleeves containers market growth. Compared to traditional wooden boxes, plastic containers provide superior protection against moisture and external pathogens. This reduces the possibility of waste and preserves the freshness and quality of agricultural products, which in turn encourages market growth.
End Use Case
The food and beverage sector has emerged as the dominant force in the collapsible sleeve container market, accounting for the majority of revenue share over the forecast period. The market has experienced rapid expansion. High market share is the reason why packaged foods such as ready-to-eat meals, frozen meals, snacks, and bakery products are gaining popularity. This growth is mainly due to the convenience and long durability of the packaging. Furthermore, Fresh and frozen food items like meat, fruits and vegetables need to be packed by the food and beverage industry and this has fuelled the rise in collapsible sleeves containers required in its operation. As consumer demand increases, collapsible sleeve containers must be used for retail and bulk drinks like coffee, both for storage and transportation. The films reduce the risk of damage during transit by shielding the objects from outside influences and facilitating effective storage and transportation.
Market Dynamics and Drivers
Collapsible sleeve containers are becoming more and more popular because they satisfy the demands of various industries regarding sustainability and efficiency. Due to their collapsible design, these versatile industrial containers require significantly less space for storage when not in use. Companies in search of ways to boost their warehousing and storage capabilities will find this highly useful as the handling and storage costs will come down. These containers can be collapsed and freed for reuse; hence, they are very appealing to many unlike where disposable packages must be used. This has necessitated an increase in their market share due to efforts towards sustainability and waste reduction, as well as limiting pollution through the dumping of unused materials into the environment. Also, their compact design helps them to lower expenses and raise efficiency in logistics through simpler supply chain and transportation processes.
Further, its lightweight design, easy folding mechanism, and resilience in inclement weather are the main reasons why collapsible sleeve containers are becoming more and more popular, eventually overtaking traditional bulk containers. These qualities make them the go-to packaging option for sectors looking for efficiency and adaptability. Collapsible sleeves containers’ lightweight design makes them easier to handle and transport, which lowers logistical costs and improves overall operational efficiency. Additionally, their compact folding design maximizes warehouse capacity utilization by allowing for space-saving storage when not in use. Because of this, collapsible sleeve containers are becoming more and more essential in various sectors, such as manufacturing, logistics, agriculture, and retail, fueling the market’s expansion and continuous adoption.
Moreover, throughout the forecast period, the collapsible sleeves containers market is anticipated to benefit greatly from a slow but steady rise in global e-commerce sales as well as expansion prospects in emerging markets in developing nations. For instance, the projected total e-commerce sales for 2023 were $1,118.7 billion, up 7.6% from 2022. Moreover, 2023 saw a 2.1% (±0.4%) increase in total retail sales over 2022. In 2023, sales through e-commerce made up 15.4% of total sales. In 2022, sales through e-commerce made up 14.7% of total sales.
Figure 1: Estimated Quarterly Retail Sales, in Million Dollars, United Sales, 2020 to 2023
Source: Census.gov
Key Developments
In conclusion, companies are looking into techniques like downgauging, lightweighting, and optimizing package design to reduce material usage and minimize environmental impact during the packing process. All things considered, the shift toward more recyclable and environmentally friendly collapsible sleeve containers signifies a global commitment to reducing plastic pollution and creating a circular economy for packaging materials.
The Future of Insulated Shipping Boxes: Technological Developments and Market Dynamics
Thought ArticlesInsulated Shipment Packaging refers to several different packaging types – both small wraps or even big containers meant for shipping commodities. Insulated shipping boxes serve to keep products from getting damaged as a result of temperature changes during transportation because it creates insulation around the temperature-sensitive products; thereby preventing heat transfer between the packaging’s interior and exterior. Further, the demand for food and beverage products as well as personal care items has increased. These industries are expected to increase market demand as they use insulated shipping boxes as their final product.
Further, the increasing trend of organically grown produce all over the world is among the significant factors responsible for advancements in such industry. One of the reasons insulated shipping boxes are essential is because there is an increasing demand for medical drugs. In developed countries such as China and Japan where people live longer than before are suffering from various chronic illnesses, this has resulted in the growth of the international pharmacy market, with Asian states being among those showing the highest rates of expansion as compared to other parts of the globe. Some pharmaceuticals are typically shipped in insulated containers which include blood, vaccines, and medications that are sensitive to temperature.
Moreover, the adoption of environmentally friendly packaging techniques in insulated shipper space is gaining more and more attention from businesses. For instance, the product line-up of Atlas Molded Products, a division of Atlas Roofing Corporation, included DuraTherm BDT®, a biodegradable technology, in September 2023, for cold chain handling, transportation, and storage, more environmentally friendly packaging options are available with products like DuraTherm BDT.
Additionally, Hydropac launched the PharmaPac range of thermal packaging solutions in November 2023 to solve delivery problems and meet regulatory requirements for temperature-sensitive medications and vaccines. The polystyrene box, ice packs, thermal filter pack, and universal payload tray make up the PharmaPac Genesis.
Global production Trends
A key component of paper-based packaging is the idea of cellulose insulation which is increasing the market demand. The cellulose production process gives insulation materials a consistency that is comparable to conventionally used packaging materials, particularly those based on wool. Paper-based insulation materials with recycled content are being produced and consumed at an increasing rate, but due to the global wastepaper disposal issue, their adoption rate has been decreasing over time.
Further, Expanded Polypropylene (EPP) shippers are expanding due to the growing demand for effective cold supply chain solutions. The primary target audience for EPP-based boxes is food professionals and those involved in the logistics and health sectors. Eutectic plates can be added to EPP boxes to further enhance their performance.
End Use Case
The food and beverage sector has emerged as the dominant force in the insulated shipping boxes market as the food and beverage industries are using more and more insulated packaging. The growth rate is caused by variables like rising packaged food demand and rising ready-to-eat food consumption. Frozen food packs should be made in a way that helps keep them at a constant temperature during transportation as well as in storage so that they remain safe and of high quality throughout the whole distribution process. The said packs should be built in such a way that they are thermally insulated and have within them enough cooling elements for maintaining the product at a steady low temperature. Insulated shipping boxes are necessary as they restrict heat transfer from the outside environment to the interior of the package, which delays the point at which the temperature inside the package equalizes with the outside temperature. It is therefore expected that the broad application and widespread use of insulated packaging in the food and beverage industries will significantly propel the growth of the insulated packaging market in this industry throughout the forecast period.
Market Dynamics and Drivers
In the automotive and transportation sectors, high-value parts, components and surfaces are enclosed and safeguarded within the packaging during importation and exportation. Therefore, as manufacturing becomes more automated, there will be a greater need for insulated packages, which will propel the market. According to the International Trade Administration (ITA), China is the largest automobile market in the world, and the Chinese government projects that by 2025, 35 million cars will have been produced which results in the reduced costs of insulated packaging and enhancing productivity and leads to error-free supply chains.
Further, the rising global need for organic fruits and vegetables is the main force behind the sector. Different types of fruits and vegetables are grown with the help of organic farming methods across the globe. Therefore, such substances are frequently utilized as wrapping materials for fruit during transit to sustain their freshness. The surge in drug demand across the globe is one of the major forces behind insulation box use during shipping. The growth of the global medical industry has been facilitated by the rising number of individuals with enduring disorders and aged populations in countries like China and Japan. In many instances, insulated shipping boxes are frequently utilized to convey pharmaceutical materials such as blood vaccinations, and drugs that require specific temperature levels during storage or transportation, which in turn leads to high demand hence an increased size for insulation. For instance, by the end of 2023, the market had grown by 2% to £3.2 billion, nearly twice as much as it had in 2011.
Figure 1: Sales of Organic Products in Supermarkets, in USD Millions, 2022 to 2023
Source: Organic Research Center
Key Developments
In conclusion, the continuous advancements in packaging and insulation materials are driving the growth of the insulated packaging market. Incorporating intelligent packaging solutions for real-time temperature-sensitive product monitoring and developing high-performance insulation materials with improved thermal properties are two ways to achieve this. Insulated packaging materials are often more expensive than conventional packing materials. This additional cost may deter some businesses, especially those with limited resources or those operating in price-sensitive industries.
Navigating Wellness: Unveiling the Top 10 Food Ingredients
Thought ArticlesEmbarking on a journey towards a healthier lifestyle involves not just mindful choices but also a keen understanding of the building blocks that contribute to our well-being. In the realm of nutrition, certain ingredients stand out not only for their culinary versatility but also for their remarkable health benefits. Join us as we explore the “Top 10 Healthy Food Ingredients” that serve as nutritional powerhouses, offering a harmonious blend of flavor and wellness. From nutrient-rich superfoods to wholesome staples, this article unveils the essential ingredients that gratify our taste buds and also nourish our bodies, contributing to a balanced and health-conscious culinary experience. Let’s dive into the world of nutritious delights and discover the key components that make every meal a step towards a healthier, more vibrant life.
The top 10 food ingredients are:
Let’s discuss each one in detail.
1. Broccoli
Broccoli has garnered significant attention recently due to its impressive nutritional profile and numerous health advantages. Recognized as a nutritional powerhouse, broccoli is rich in essential nutrients. It stands out as an excellent provider of vitamins C, K, and A, along with essential minerals like potassium, calcium, and iron. The vegetable also boasts several antioxidants, including vitamins C and E, β-carotene, and diverse flavonoids. These antioxidants play a crucial role in shielding cells from potential damage caused by harmful free radicals, thereby reducing the risk of chronic diseases. Additionally, broccoli serves as a valuable source of dietary fibre, contributing to digestive health by facilitating digestion, promoting a sense of fullness, and maintaining a healthy digestive system. In 2021, according to data from the Food and Agricultural Organisation (FAO) on Cauliflower and broccoli production, China produced 9537 thousand metric tons, India generated 9225 thousand metric tons, and the USA contributed 998 thousand metric tons.
Production of Cauliflower and Broccoli, in 2021, In Thousand MT
Source: Food and Agricultural Organisation
2. Salmon
Salmon is a versatile and flavorful ingredient that is widely celebrated in the culinary world. Known for its rich taste and high nutritional value, salmon is a popular choice in various cuisines. This fatty fish is a powerhouse of omega-3 fatty acids, which are essential for heart health and brain function. Its firm and succulent flesh makes it suitable for grilling, baking, broiling, or even raw consumption in dishes like sushi. Salmon complements a wide range of flavors and can be seasoned with herbs, spices, or marinades to enhance its taste. The distinct pink color of its flesh adds vibrancy to plates, making it an appealing ingredient for both home cooks and professional chefs. Whether served as a fillet, steak, or smoked, salmon’s unique flavor profile and nutritional benefits make it a beloved choice for creating delicious and wholesome meals.
In October 2021, JCCU introduced the “CO-OP Smoked Salmon Trout Cut-off” as the inaugural PB product utilizing BAP-certified salmon in Japan, marking a milestone in the CO・OP Sustainable Product series. This series prioritizes the main ingredients that align with environmental and societal friendliness. The Best Aquaculture Practices (BAP) certification, a comprehensive system covering hatcheries, feed mills, aquaculture farms, and processing plants, ensured environmental and social responsibility, as well as the health and food safety of the farmed fish and shellfish throughout all production stages.
3. Ghee
Ghee, a clarified form of butter, has a rich history and is a prominent ingredient in various culinary traditions worldwide. Produced by simmering butter to separate the milk solids and water content, ghee is known for its distinct nutty flavor and aromatic qualities. Its high smoke point makes it a preferred choice for cooking methods like frying and sautéing. Ghee is celebrated not only for its culinary versatility but also for its potential health benefits. It is believed to contain healthy fats, including conjugated linoleic acid (CLA), which may have anti-inflammatory and antioxidant properties. Additionally, ghee is free of lactose and casein, making it suitable for individuals with dairy sensitivities. Due to its rich flavor and numerous applications in both savory and sweet dishes, ghee continues to be a cherished ingredient in diverse cuisines.
In December 2020, the Department of Consumer Affairs conducted a survey evaluating various ghee brands. According to the comprehensive test results, Anik, priced at Rs. 54.5 per 100ml, claimed the top position, followed by Madhusudan at Rs. 55.5 per 100ml and Verka at Rs. 48 per 100ml. Verka was identified as the Value-for-Money brand. Mother Dairy exhibited the highest milk fat content, followed by Madhusudan and Amul. Verka showed the highest Vitamin A content, surpassing Anik. The survey confirmed the absence of adulteration with vegetable fat and animal fat in all tested brands. All brands met the minimum requirements outlined in national standards, affirming their compliance and safety for consumption.
4. Chickpeas
Chickpeas, also recognized as garbanzo beans, are legumes rich in protein, fibre, and complex carbohydrates, with relatively low-calorie content. They are commonly used in various Indian and Mediterranean dishes. The leading chickpea exporting countries in 2022 were Australia, India, and Canada, collectively contributing to over 40 percent of global exports. While Australia held the title of the largest exporter, it was not the top producer. Chickpea production increased from 813,000 tons in 2012 to 876,000 tons in 2021. In 2021, India emerged as the leading producer of chickpeas, with a production of 11.9 million tons, marking a growth of over 50 percent since 2012. Canada experienced a rise in production from 161,000 tons in 2012 to 214,000 tons in 2020, followed by a decline to 76,000 tons in 2021, attributed to decreased area and yields. Pakistan witnessed a drop in chickpea production from 751,000 tons in 2013 to 234,000 tons in 2021. In the European Union (EU), chickpea production decreased from 38,000 tons in 2012 to 3,200 tons in 2022, primarily due to a decline in harvested area since 2018. Bangladesh also saw a reduction in production from 7,000 tons in 2012 to 5,000 tons in 2021.
Production of Chickpeas Across Countries, From 2012 To 2021, In Thousand Tons
Source: US Department of Agriculture
5. Yogurt
Yogurt, a cultured dairy product, is not only a delicious addition to various culinary creations but also offers numerous health benefits. Rich in probiotics, yogurt promotes gut health by fostering the growth of beneficial bacteria in the digestive system. These live cultures contribute to improved digestion and absorption of nutrients. Additionally, yogurt is an excellent source of protein, calcium, and essential vitamins like B12. The probiotics in yogurt have been associated with enhanced immune function, helping the body defend against infections and illnesses.
Regular consumption of yogurt may also aid in weight management and contribute to heart health by supporting healthy blood pressure levels. With its versatility and health-promoting properties, yogurt stands as a nutritious ingredient that adds both flavor and wellness benefits to a diverse range of recipes. A 2020 study from PubMed Central reveals that around 6.4% of children and 5.5% of adults include yogurt in their diet. The study indicates that yogurt consumers are, on average, 3.0 years younger than non-consumers among children and 2.6 years younger among adults. While the proportion of male and female children consuming yogurt is similar, there is a lower percentage of adult males who incorporate yogurt into their dietary habits.
Consumption of Yogurt Among Children and Adults, In 2020
Source: PubMed Central
6. Berries
Berries are a vibrant and flavorful addition to various dishes, renowned for their delicious taste and numerous health benefits. Packed with essential nutrients, berries, such as strawberries, blueberries, raspberries, and blackberries, are rich in antioxidants, vitamins, and fiber. Antioxidants help combat oxidative stress in the body, potentially reducing the risk of chronic diseases. Raspberries, blackberries, and blackcurrants contain essential nutrients, including vitamin C, dietary fibers, potassium, and folates.
The vitamin C content in these berries varies from 9.7 to 60 mg/100 g, with strawberries containing the highest and blueberries the lowest. Strawberries, blackberries, and raspberries are notable sources of folate (vitamin B9) and potassium. Cranberries are particularly rich in vitamin E, while blackberries and blueberries boast high levels of vitamin K. Blackberries stand out as a rich source of beta-carotene, lutein, and zeaxanthin. Among these berries, blackcurrants have the highest levels of calcium, iron, phosphorus, and potassium. Incorporating these diverse berries into your diet not only provides a burst of delicious flavors but also ensures a nutritious intake of various vitamins and minerals.
7. Eggs
Eggs, a versatile and nutrient-packed ingredient, offer a myriad of health benefits. Rich in high-quality proteins, eggs provide essential amino acids necessary for muscle development and repair. They are also a fantastic source of vitamins, including B2 (riboflavin), B12, and D, contributing to energy metabolism and bone health. Additionally, eggs contain choline, aiding in brain development and function. Despite their past reputation, eggs are now recognized for their positive impact on heart health, as they are low in saturated fats and can help raise levels of “good” HDL cholesterol.
Moreover, eggs are a satisfying and convenient food, promoting a feeling of fullness and potentially aiding in weight management. With their versatility in culinary applications, from breakfast omelets to baked goods, eggs stand as a nutritious and delicious addition to a well-balanced diet. In the fiscal year 2021-22, the country’s total egg production was 129.60 billion units, reflecting a 6.19% increase compared to the previous year. The five primary egg-producing states in India were Andhra Pradesh (20.41%), Tamil Nadu (16.08%), Telangana (12.86%), West Bengal (8.84%), and Karnataka (6.38%).
8. Oats
Oats, a versatile and nutritious grain, have gained widespread popularity for their numerous health benefits. Packed with essential nutrients, oats are a rich source of dietary fiber, particularly beta-glucans, which have been linked to various health advantages. Regular consumption of oats has been associated with improved heart health by helping to lower cholesterol levels. Additionally, oats are a good source of vitamins and minerals, including manganese, phosphorus, magnesium, and B vitamins. Due to their low glycemic index, oats contribute to stable blood sugar levels, making them an excellent choice for those managing diabetes.
Oats also provide a satisfying and sustained energy release, making them a popular choice for a wholesome breakfast or snack. With their versatility, oats can be incorporated into various dishes such as oatmeal, granola, smoothies, and baked goods, offering a delicious and nutritious addition to a balanced diet. The European Union accounted for 29% of the global production of oats in the 2022/2023 period, amounting to 7.41 million metric tons. Canada contributed 21% to the global production, totaling 5.23 million metric tons, while Russia constituted 18% of the global production, reaching 4.5 million metric tons during the same period.
9. Rice
Rice, a staple food for a significant portion of the global population, is a versatile and nutritious ingredient with numerous health benefits. Rich in carbohydrates, rice serves as an excellent energy source, fueling the body with the essential fuel needed for daily activities. Additionally, rice provides essential nutrients like vitamins and minerals, contributing to overall well-being. Brown rice, in particular, retains more nutrients due to its minimal processing, offering a good source of fiber, B vitamins, and minerals. The consumption of rice is associated with promoting digestive health, supporting weight management, and providing a gluten-free option for those with dietary restrictions. Its versatility allows for various culinary applications, making it a fundamental ingredient in diverse cuisines worldwide.
Overall, rice stands as a wholesome and nutritious ingredient that plays a vital role in promoting a balanced and healthy diet. The introduction of a partial rice export ban by India in July 2023 marks a substantial change in the rice supply chain in Sub-Saharan Africa. Importantly, about 40 percent of the total consumption in the region is reliant on imports. Over recent years, Sub-Saharan Africa has increasingly depended on India as a major source of rice. The annual share of rice imports from India to Sub-Saharan Africa witnessed a significant surge, rising from 31 to 66 percent between 2019 and 2022, attributed to competitive pricing.
10. Wheat
Wheat is a versatile and widely consumed ingredient known for its health benefits. As a staple in many diets around the world, wheat offers essential nutrients, including dietary fiber, protein, and various vitamins and minerals. Whole wheat, in particular, is rich in fiber, promoting digestive health and aiding in weight management by providing a sense of fullness. The complex carbohydrates in wheat contribute to sustained energy release, making it an excellent source of fuel for the body.
Additionally, wheat contains B-vitamins, such as folate, which plays a crucial role in cell division and DNA synthesis. While incorporating wheat into a balanced diet, it is important to consider whole grain options for maximum nutritional benefits. In January 2024, Ukraine anticipated a rise in wheat exports by 1.5 million tons to reach 14.0 million tons, attributed to robust exports to the European Union. However, the overall exports from Ukraine remained 22 percent lower compared to the previous year, primarily due to challenges in exporting to Africa and Asia through deep-seaport facilities, particularly before establishing the humanitarian corridor. The European Union’s wheat imports are projected to increase by 2.5 million tons in January 2024 to reach 11.0 million tons, although still slightly lower than the previous year. Looking ahead to the 2023/24 period, Russia is poised to achieve a new global export record, reaching 51.0 million tons, reflecting an increase of 3.5 million tons compared to the previous year.
Photoelectric Sensor Market size worth US$3.860 billion in 2029
Press ReleasesThe photoelectric sensor market is evaluated at US$1.708 billion for the year 2022 and is projected to grow at a CAGR of 10.23% to reach a market size of US$3.860 billion by the year 2029.
Photoelectric sensors are those that measure an object’s colour and distance. Light-emitting diodes are used as the light source in these position sensors. The sensor functions based on the idea that light is emitted onto an object by the sensor reflected onto the photoelectric sensor, and so on. The sensor can find out the distance of an object from itself by measuring the time it takes a light beam to hit the object and then return. The application of photoelectric sensors is expanding into new frontiers including construction and automotive sectors. In the industrial sector, there is an increasing trend where companies use photoelectric sensors for detecting position misalignments.
The sensors are placed at specific points so a product’s location can be detected and if its position is correct or not. This data is transmitted to the relevant localization device that can be modified accordingly with data obtained from the sensors. Various factors that are making photoelectric sensors popular include the use of digital network technology which is increasing rapidly.
Increased demand is another effect of the Industrial Internet of Things (IIoT) growing penetration. All facets of automation and control in industrial and process systems depend on sensors to provide accurate and dependable data. This product is used in the Industrial Internet of Things to measure pressures, positions, and other important production parameters.
It is also anticipated that a steady increase in military spending in both developed and developing nations would spur market expansion. These sensors are employed by the aerospace and military sectors for biological agent surveillance and detection to protect both civilian and military populations. Throughout the forecast period, the introduction of smart photoelectric sensors is also expected to boost market growth. These smart sensors come with several benefits, including lower maintenance costs, increased dependability, lighter weight, and shorter downtime.
Further, the rise in demand for more advanced sensing technologies in industrial automation due to the increasing need for smart manufacturing is significantly affecting the photoelectric sensors market. This is because smart manufacturing heavily depends on live data capture, scrutiny, and actuation, necessitating bigger sensors.
As firms adopt smart manufacturing technologies to enhance productivity, efficiency and flexibility, demand for photoelectric sensors is increasing. Because they are capable of detecting objects, measuring distances, tracking position, velocity and various characteristics of quality, photoelectric sensors are indispensable in intelligent manufacturing systems and are therefore increasing as companies strive to improve productivity which is also increasing the demand for smart sensors adopting intelligent manufacturing technologies. Automated machinery and equipment need to be operated with precision if they are to work well
The Photoelectric sensor market, by type, is divided into three types- Thru-Beam, retroreflective, and diffused. Thru-Beam technology is perfect for accurately detecting transparent objects and allows for lower installation and maintenance costs. It is also capable of effectively detecting both small and large objects
Over the course of the forecast period, the diffused segment is expected to grow at a moderate rate. Due to the advantages of thru-beam technology, which includes long sensing ranges and stable operation, the market is expected to grow during the forecast years
The photoelectric sensor market, by end-user, is divided into six types- Consumer electronics, packaging, semiconductor, manufacturing, automotive, and others. Photoelectric sensors are capable of sensing a wide range of materials and objects of different sizes. They are long-lasting, low-cost, and have a wide sensing range. The market for these photoelectric sensors is growing as producers try to boost productivity without compromising product quality. Massive losses could ensue from any defect during the manufacturing process. This is why photoelectric sensors are installed on production and assembly lines by manufacturers. Can you guess why food and beverage companies utilize photoelectric sensors? They are for counting small items, evaluating the size of the product, as well as detecting off-centre bottle tops. When it comes to safe and efficient operations within the material handling industry or logistics robotic trucks and pickers employ photoelectric sensors.
The food and beverage industries’ increasing focus on technology and mechanical food processing to create high-value food products is driving the demand for photoelectric sensors. Automation also results in standardization across all packaged foods and beverages. As fewer people are involved, food contamination cannot occur and all health regulations are ensured.
The Asia Pacific region is expected to witness significant growth in the Photoelectric sensor market during the forecasted period. The region’s photoelectric sensor market is growing as a result of rising safety regulations in nations that are developing like China, Japan, and India, growing acceptance of IIoT in various industrial facilities, and growing use of advanced technology.
Photoelectric sensors are increasingly significant in industrial automation because of their role in enabling object identification, positioning, and process surveillance–all of which enhance productivity as well as operational effectiveness. This is largely due to the rapid growth being experienced in end-user sectors such as consumer electronics manufacturing, automobile production, and garment making.
The research includes several key players from the Photoelectric sensor market, such as Omron Corporation, Pepperl+Fuchs, Telco Sensors, Sick AG (Sick Holding GmbH), Panasonic Corporation, Keyence Corporation, Rockwell Automation Inc., Leuze Electronic GmbH, Schneider Electric, Banner Engineering.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/photoelectric-sensor-market
The analytics report categorizes the photoelectric sensor market using the following criteria:
Segmentation: