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  • How Does The Employee Retention Tax Credit Benefit Small Businesses?

    However, the challenges posed by the COVID-19 pandemic have significantly impacted their operations, leading to disruptions in revenue and employment. To support these businesses and encourage employee retention during uncertain times, the government introduced the Employee Retention Tax Credit (ERTC).

    https://www.otherarticles.com/business/business-opportunities/297073-how-does-the-employee-retention-tax-credit-benefit-small-businesses.html
    How Does The Employee Retention Tax Credit Benefit Small Businesses? However, the challenges posed by the COVID-19 pandemic have significantly impacted their operations, leading to disruptions in revenue and employment. To support these businesses and encourage employee retention during uncertain times, the government introduced the Employee Retention Tax Credit (ERTC). https://www.otherarticles.com/business/business-opportunities/297073-how-does-the-employee-retention-tax-credit-benefit-small-businesses.html
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  • Biggest Medicaid Changes for 2023 in the USA

    Now the world has become more dynamic and uncertain than it was a decade ago. The biggest Medicaid changes for 2023 are nowhere more evident than in healthcare in the USA. Several factors contribute to the biggest Medicaid changes for 2023 in the USA. These included the aftermath of the COVID-19 pandemic combined with the adoption of technology, the financial downturn, and above all acceleration of digitization.

    https://ensurembs.com/biggest-medicaid-changes-for-2023-in-the-usa/
    Biggest Medicaid Changes for 2023 in the USA Now the world has become more dynamic and uncertain than it was a decade ago. The biggest Medicaid changes for 2023 are nowhere more evident than in healthcare in the USA. Several factors contribute to the biggest Medicaid changes for 2023 in the USA. These included the aftermath of the COVID-19 pandemic combined with the adoption of technology, the financial downturn, and above all acceleration of digitization. https://ensurembs.com/biggest-medicaid-changes-for-2023-in-the-usa/
    ENSUREMBS.COM
    Biggest Medicaid Changes For 2023 In The USA - Ensure MBS
    Now the world has become more dynamic and uncertain than it was a decade ago. The biggest Medicaid changes for 2023 are nowhere more evident than in
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  • Guidelines of Medical Billing For Corona Virus: Important CPT Codes For COVID 19

    The complex landscape of medical coding and billing has taken on a critical role, particularly in the context of the ongoing COVID 19 pandemic. Adapting to the changing dynamics of healthcare is crucial for accurately documenting tests, treatments, and diagnoses related to the virus. Healthcare practitioners have integrated new codes and guidelines, often sourced from bodies like the American Medical Association (AMA) and regulatory entities such as Medicare and Medicaid.

    https://ensurembs.com/guidelines-of-medical-billing-for-covid-19/
    Guidelines of Medical Billing For Corona Virus: Important CPT Codes For COVID 19 The complex landscape of medical coding and billing has taken on a critical role, particularly in the context of the ongoing COVID 19 pandemic. Adapting to the changing dynamics of healthcare is crucial for accurately documenting tests, treatments, and diagnoses related to the virus. Healthcare practitioners have integrated new codes and guidelines, often sourced from bodies like the American Medical Association (AMA) and regulatory entities such as Medicare and Medicaid. https://ensurembs.com/guidelines-of-medical-billing-for-covid-19/
    ENSUREMBS.COM
    Guidelines Of Medical Billing For COVID 19 - Ensure MBS
    Accurate medical coding and billing for COVID 19 tests, vaccines, and associated interventions holds significant value, and enhanced patient care.
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  • 2nd Edition World Nursing Science Conference (WNSC 2024)

    Precision global Conferences cordially invite you to our 2nd edition World Nursing Science Conference (WNSC 2024) HYBRID EVENT Date 7-9 September 2024 in San Francisco, California, USA.
    Conference theme :" Advances in Modern Nursing Practices and Exploring the Frontiers of Nursing Science."




    We cordially invite you to 2nd Edition of World Nursing Science Conference (WNSC 2024) on 7-9 September 2024 in San Francisco, California, USA. The conference will accentuate the ground-breaking spirit of enriching the nursing profession. The nursing conference presents the most innovative studies and research in the industry to give researchers, medical professionals, and academicians the most recent and cutting-edge evidence for optimum healthcare practices and safety.
    There are 27.9 million nurses worldwide who work in the workforce. First and foremost, we would like to express our profound gratitude to all the nurses, clinicians, and medical personnel for their contributions to the country's enduring struggle against COVID-19. For all the sacrifices made for society, we are all forever indebted.
    Nursing science is the cornerstone foundation of the healthcare industry. Over the years, the demand for nursing kept rising to unprecedented proportions in light of the current nursing shortage necessitating a large number of nurses. Hence, we believe it’s crucial to discuss innovative advancements like monitoring outpatient therapy, highlighting professional status, and enhancing patient health and their experience in hospitals to ensure the highest level of medical safety.
    We are persuaded that all nursing professionals will find this seminar extremely informative. Our objective is to fill the gaps in the current academic and scientific fields. To participate in the conference's most crucial conversations to date, grab your seat quickly.

    Nursing Science 2024| Nursing Conferences| Nursing Conferences 2024| Nursing Science Conferences| Nursing Healthcare Conferences| Nursing World Conference| Nursing Congress| World Nursing Conference| WNSC 2024| Global WNSC 2024| Nursing Conference 2023| Nursing Conference San Francisco| Nursing Conferences USA| Nursing 2024| Nursing Conferences Europe| Nursing Symposiums| Nursing Conference| Nursing Science 2024| International Nursing Conferences 2024| World Nursing Conference 2024| Nursing Convention| Nursing Convention 2024| Nurse Conferences 2024| Nursing Conferences 2024 USA| Nursing Conferences 2024 Europe| Nursing Education Conferences| Conferences for Nurses| World Nursing Congress| 2024 Nursing Conferences| California nursing events| USA Nursing Events| nursing health care Events| nursing health care conference| Nursing CNE conference|
    For more information: https://www.globalnursingconference.com/
    For Abstract Submision: https://www.globalnursingconference.com/abstract-submission.php
    To register: https://globalnursingconference.com/registration.php
    Reach out at: [email protected]
    Organiser:
    Precision Global Conference: https://precisionglobalconferences.com/
    Address: 601 King St Ste 200 #853 Alexandria, VA 22314 United States
    Email: [email protected]
    Phone: +1-571-5561014



    2nd Edition World Nursing Science Conference (WNSC 2024) Precision global Conferences cordially invite you to our 2nd edition World Nursing Science Conference (WNSC 2024) HYBRID EVENT Date 7-9 September 2024 in San Francisco, California, USA. Conference theme :" Advances in Modern Nursing Practices and Exploring the Frontiers of Nursing Science." We cordially invite you to 2nd Edition of World Nursing Science Conference (WNSC 2024) on 7-9 September 2024 in San Francisco, California, USA. The conference will accentuate the ground-breaking spirit of enriching the nursing profession. The nursing conference presents the most innovative studies and research in the industry to give researchers, medical professionals, and academicians the most recent and cutting-edge evidence for optimum healthcare practices and safety. There are 27.9 million nurses worldwide who work in the workforce. First and foremost, we would like to express our profound gratitude to all the nurses, clinicians, and medical personnel for their contributions to the country's enduring struggle against COVID-19. For all the sacrifices made for society, we are all forever indebted. Nursing science is the cornerstone foundation of the healthcare industry. Over the years, the demand for nursing kept rising to unprecedented proportions in light of the current nursing shortage necessitating a large number of nurses. Hence, we believe it’s crucial to discuss innovative advancements like monitoring outpatient therapy, highlighting professional status, and enhancing patient health and their experience in hospitals to ensure the highest level of medical safety. We are persuaded that all nursing professionals will find this seminar extremely informative. Our objective is to fill the gaps in the current academic and scientific fields. To participate in the conference's most crucial conversations to date, grab your seat quickly. Nursing Science 2024| Nursing Conferences| Nursing Conferences 2024| Nursing Science Conferences| Nursing Healthcare Conferences| Nursing World Conference| Nursing Congress| World Nursing Conference| WNSC 2024| Global WNSC 2024| Nursing Conference 2023| Nursing Conference San Francisco| Nursing Conferences USA| Nursing 2024| Nursing Conferences Europe| Nursing Symposiums| Nursing Conference| Nursing Science 2024| International Nursing Conferences 2024| World Nursing Conference 2024| Nursing Convention| Nursing Convention 2024| Nurse Conferences 2024| Nursing Conferences 2024 USA| Nursing Conferences 2024 Europe| Nursing Education Conferences| Conferences for Nurses| World Nursing Congress| 2024 Nursing Conferences| California nursing events| USA Nursing Events| nursing health care Events| nursing health care conference| Nursing CNE conference| For more information: https://www.globalnursingconference.com/ For Abstract Submision: https://www.globalnursingconference.com/abstract-submission.php To register: https://globalnursingconference.com/registration.php Reach out at: [email protected] Organiser: Precision Global Conference: https://precisionglobalconferences.com/ Address: 601 King St Ste 200 #853 Alexandria, VA 22314 United States Email: [email protected] Phone: +1-571-5561014
    WWW.GLOBALNURSINGCONFERENCE.COM
    Nursing Science 2024 | World Nursing Science Conference | Nursing Conferences | Nursing Conferences 2024 | Nursing Science Conferences | USA | San Francisco | Precision Global Conference
    NURSING SCIENCE CONFERENCES 2024: Precision Global Conferences Group takes great pleasure to announce our leading international Nursing Conferences USA, Nursing Conferences, and Nursing Science Conferences 2024. Nursing Conferences USA provides a platform to discuss various fields of Nursing Science 2024, Nursing Conferences, Nursing Conferences 2024, and their researchers on 7-9 September 2024 in San Francisco, California, USA.
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  • Acetic Acid Market : Report Highlights the Competitive Scenario with Impact of Drivers And Challenges 2028
    The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.


    Market Driver:

    Advancements in Polymer Development to Bolster Growth

    The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films.

    Decreased Production to Hamper Market in COVID-19 Pandemic

    The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future.

    Regional Analysis:

    Heavy Investments in Polymers to Promote Growth in Asia Pacific

    The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region.

    Information source:

    https://www.fortunebusinessinsights.com/acetic-acid-market-103386
    Acetic Acid Market : Report Highlights the Competitive Scenario with Impact of Drivers And Challenges 2028 The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Acetic Acid Market Size, Share | Global Research Report [2028]
    The global acetic acid market is projected to grow from $7.29 billion in 2021 to $10.54 billion in 2028 at a CAGR of 5.4% in forecast period, 2021-2028
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  • Kefir Market Analysis, Segmentation, Growth, Trends, Demand and Regional Forecast by 2027

    The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits.

    List of Key Companies Profiled in the Kefir Market Report:

    The Icelandic Milk and Skyr Corp (New York, U.S.)
    Maple Hill Creamery, LLC (New York, U.S.)
    Green Valley Creamery (California, U.S.)
    The Hain Celestial Group, Inc. (New York, U.S.)
    Nestle S.A. (Vevey, Switzerland)
    Emmi AG (Lucerne, Switzerland)
    Fresh Made Dairy (Pennsylvania, U.S.)
    Biotiful Dairy Limited (London, England)
    Danone S.A. (Paris, France)
    Lifeway Foods, Inc. (Illinois, U.S.)
    Market Opportunity

    Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities

    The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020.

    Regional Insights

    High Nutritional Awareness to Power Market Growth in Europe

    Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region.

    Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region.

    Competitive Landscape

    Companies to Align Strategies to Serve Evolving Consumer Tastes

    With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/kefir-market-102463
    Kefir Market Analysis, Segmentation, Growth, Trends, Demand and Regional Forecast by 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. List of Key Companies Profiled in the Kefir Market Report: The Icelandic Milk and Skyr Corp (New York, U.S.) Maple Hill Creamery, LLC (New York, U.S.) Green Valley Creamery (California, U.S.) The Hain Celestial Group, Inc. (New York, U.S.) Nestle S.A. (Vevey, Switzerland) Emmi AG (Lucerne, Switzerland) Fresh Made Dairy (Pennsylvania, U.S.) Biotiful Dairy Limited (London, England) Danone S.A. (Paris, France) Lifeway Foods, Inc. (Illinois, U.S.) Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Kefir Market Size, Trends, Industry Share, Growth Report, 2023-2031
    The global kefir market size was $1.23 billion in 2019 and is projected to reach $1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period
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  • Eggs Market Revenue, Top Manufacturers and Analysis by 2030

    The global eggs market size was valued at USD 136.17 billion in 2022. The market is projected to grow from USD 143.29 billion in 2023 to USD 207.08 billion by 2030, exhibiting a CAGR of 5.40% during 2023-2030.

    The eggs market has been evolving and adapting to new PETA-friendly methods due to the rapidly changing consumer base. Different types of eggs in the market, including organic, cage-free, and free-range, are gaining prominence. The nutritional benefits associated with eggs have significantly increased their consumption rate globally, and is expected to drive market growth during the forecast period.

    Leading Players Featured in the Research Report:

    Companies leading Eggs Market are Cal-Maine Foods, Inc. (U.S.), Rose Acre Farms Inc. (U.S.), Hillandale Farms (U.S.), Versova Holdings LLP (U.S.), Daybreak Foods (U.S.), CP Group (Thailand), Beijing Dequingyuan Agricultural Technology Co. Ltd. (China), Ise Inc. (Japan), Arab Company of Livestock Development (ACOUD) (Saudi Arabia), Gemperle Family Farms (U.S.)

    COVID-19 Impact

    Pandemic-Driven Consumer Behavior Shifts Spurred Market Growth amid Supply Disruptions

    Stringent government regulations and lockdowns aimed at controlling the spread of the virus led to a surge in retail demand for eggs due to their perceived health benefits. However, the closure of food service segments and disruptions in the supply chain caused by the pandemic resulted in increased egg prices and a sudden growth in the global egg market.

    Segments:

    Conventional Eggs Maintain Market Leadership, Fueled by Production Efficiency and Widespread Availability

    By product type, the market is segmented into conventional, cage-free, organic, and free-range. The conventional segment is projected to hold a significant market share during the forecast period. The growth is attributed to the high availability of conventional eggs due to their increased production rate.

    Easy Accessibility and Hypermarket Convenience Propel Retail Segment's Share

    Based on end-use, the market is divided into food service and retail (supermarkets/hypermarkets, grocery stores, e-commerce, and others). The retail segment is estimated to hold the highest market share during the forecast period, owing to the easy accessibility of eggs in grocery stores. The rising convenience of supermarkets/hypermarkets will further boost this segment.

    Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East and Africa.

    Drivers & Restraints

    Market Flourishes as Health Awareness Spurs Consumption and Government Backing Boosts Growth

    The eggs market has witnessed significant growth in egg consumption, particularly post-pandemic, with consumers of various demographics increasing their egg consumption. Rising health consciousness and awareness of healthy diets among consumers have driven the market growth. Additionally, government initiatives aimed at spreading awareness regarding the health benefits of eggs are propelling market growth.

    However, the increasing global temperature due to global warming is expected to hamper egg production worldwide, affecting market growth.

    Regional Insights

    Asia Pacific Takes the Lead as China and India Steer Consumption and Production Trends

    Asia Pacific holds the largest eggs market share and is anticipated to continue its dominance during the projected period. The growth in the region can be attributed to the high consumption rate of eggs in India, China, and Japan, with China and India being prominent egg producers.

    North America is also estimated to hold a major share of the market due to increased egg consumption in North American countries, including Mexico and the U.S.

    Competitive Landscape

    Increasing Technological Investments by Key Players to Propel Market Growth

    Key players in the market, including Cal-Maine Foods, Inc., Hillandale Farms, and Rose Acre Farms, Inc., S.A., are investing significantly in technological advancements to enhance organic products' production rate. These investments are expected to boost market growth during the forecast period.

    Browse Summary of this Research Report:

    https://www.fortunebusinessinsights.com/eggs-market-108483
    Eggs Market Revenue, Top Manufacturers and Analysis by 2030 The global eggs market size was valued at USD 136.17 billion in 2022. The market is projected to grow from USD 143.29 billion in 2023 to USD 207.08 billion by 2030, exhibiting a CAGR of 5.40% during 2023-2030. The eggs market has been evolving and adapting to new PETA-friendly methods due to the rapidly changing consumer base. Different types of eggs in the market, including organic, cage-free, and free-range, are gaining prominence. The nutritional benefits associated with eggs have significantly increased their consumption rate globally, and is expected to drive market growth during the forecast period. Leading Players Featured in the Research Report: Companies leading Eggs Market are Cal-Maine Foods, Inc. (U.S.), Rose Acre Farms Inc. (U.S.), Hillandale Farms (U.S.), Versova Holdings LLP (U.S.), Daybreak Foods (U.S.), CP Group (Thailand), Beijing Dequingyuan Agricultural Technology Co. Ltd. (China), Ise Inc. (Japan), Arab Company of Livestock Development (ACOUD) (Saudi Arabia), Gemperle Family Farms (U.S.) COVID-19 Impact Pandemic-Driven Consumer Behavior Shifts Spurred Market Growth amid Supply Disruptions Stringent government regulations and lockdowns aimed at controlling the spread of the virus led to a surge in retail demand for eggs due to their perceived health benefits. However, the closure of food service segments and disruptions in the supply chain caused by the pandemic resulted in increased egg prices and a sudden growth in the global egg market. Segments: Conventional Eggs Maintain Market Leadership, Fueled by Production Efficiency and Widespread Availability By product type, the market is segmented into conventional, cage-free, organic, and free-range. The conventional segment is projected to hold a significant market share during the forecast period. The growth is attributed to the high availability of conventional eggs due to their increased production rate. Easy Accessibility and Hypermarket Convenience Propel Retail Segment's Share Based on end-use, the market is divided into food service and retail (supermarkets/hypermarkets, grocery stores, e-commerce, and others). The retail segment is estimated to hold the highest market share during the forecast period, owing to the easy accessibility of eggs in grocery stores. The rising convenience of supermarkets/hypermarkets will further boost this segment. Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Drivers & Restraints Market Flourishes as Health Awareness Spurs Consumption and Government Backing Boosts Growth The eggs market has witnessed significant growth in egg consumption, particularly post-pandemic, with consumers of various demographics increasing their egg consumption. Rising health consciousness and awareness of healthy diets among consumers have driven the market growth. Additionally, government initiatives aimed at spreading awareness regarding the health benefits of eggs are propelling market growth. However, the increasing global temperature due to global warming is expected to hamper egg production worldwide, affecting market growth. Regional Insights Asia Pacific Takes the Lead as China and India Steer Consumption and Production Trends Asia Pacific holds the largest eggs market share and is anticipated to continue its dominance during the projected period. The growth in the region can be attributed to the high consumption rate of eggs in India, China, and Japan, with China and India being prominent egg producers. North America is also estimated to hold a major share of the market due to increased egg consumption in North American countries, including Mexico and the U.S. Competitive Landscape Increasing Technological Investments by Key Players to Propel Market Growth Key players in the market, including Cal-Maine Foods, Inc., Hillandale Farms, and Rose Acre Farms, Inc., S.A., are investing significantly in technological advancements to enhance organic products' production rate. These investments are expected to boost market growth during the forecast period. Browse Summary of this Research Report: https://www.fortunebusinessinsights.com/eggs-market-108483
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Eggs Market Growth Report | Key Industry Developments [2030]
    The global eggs market size is projected to grow from $143.29 billion in 2023 to $207.08 billion by 2030, at a CAGR of 5.40% during 2023-2030
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  • Nicotine Gum Market Growth, Trends, Demand and Regional Forecast by 2029

    The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.”

    COVID-19 Pandemic

    Manufacturing Restrictions to Impede Market Progress

    This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. The sudden spike in COVID-19 infections restricted manufacturing activities globally, thereby disrupting the supply chain. Further, the restrictions on transport led to the lack of ingredients required for the production of the gum. However, the resumption of lockdown and the adoption of automated production techniques by manufacturers have facilitated this market's growth.

    List of Key Players Profiled in the Nicotine Gum Market Report

    GlaxoSmithKline plc (U.K.)
    Johnson & Johnson (U.S.)
    Novartis Consumer Health (Germany)
    ITC Limited (India)
    Cipla Health Limited (India)
    Perrigo Company Plc (Ireland)
    Fertin Pharma (Denmark)
    Alchem International (India)
    Revolymer (U.K.)
    Driving Factors

    Anti-Smoking Campaign Promotions to Facilitate Market Progress

    Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth.

    However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years.

    Regional Insights

    Rising Number of Health Conscious Consumers to Propel Market Growth in North America

    North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally.

    In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand.

    In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth.

    Competitive Landscape

    Major Players Launch Novel Products to Reinforce Brand Presence

    The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position.

    Browse Summary of This Research Report:

    https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    Nicotine Gum Market Growth, Trends, Demand and Regional Forecast by 2029 The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.” COVID-19 Pandemic Manufacturing Restrictions to Impede Market Progress This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. The sudden spike in COVID-19 infections restricted manufacturing activities globally, thereby disrupting the supply chain. Further, the restrictions on transport led to the lack of ingredients required for the production of the gum. However, the resumption of lockdown and the adoption of automated production techniques by manufacturers have facilitated this market's growth. List of Key Players Profiled in the Nicotine Gum Market Report GlaxoSmithKline plc (U.K.) Johnson & Johnson (U.S.) Novartis Consumer Health (Germany) ITC Limited (India) Cipla Health Limited (India) Perrigo Company Plc (Ireland) Fertin Pharma (Denmark) Alchem International (India) Revolymer (U.K.) Driving Factors Anti-Smoking Campaign Promotions to Facilitate Market Progress Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth. However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years. Regional Insights Rising Number of Health Conscious Consumers to Propel Market Growth in North America North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally. In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand. In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth. Competitive Landscape Major Players Launch Novel Products to Reinforce Brand Presence The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Nicotine Gum Market Size, Share, Growth | Global Report [2029]
    The global nicotine gum market is projected to grow from $1.56 billion in 2022 to $2.17 billion by 2029, at a CAGR of 4.8% in forecast period, 2022-2029
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  • Dietary Supplements Market Demand, Key Regions and Forecast by 2023-2028

    The global dietary supplements market size is anticipated to hit USD 128.64 billion by 2028 and exhibit a CAGR of 8.68% during the forecast period. The escalating demand for personalized supplements and the rising emphasis on quality supplements are predicted to foster market growth. Fortune Business InsightsTMhas presented this information in its report titled “Dietary Supplements Market, 2021-2028”. The market size stood at USD 61.20 billion in 2020 and is anticipated to reach USD 71.81 billion in 2021.

    Additionally, the growing emphasis on preventive healthcare measures due to the rising prevalence of lifestyle and age-related diseases is projected to favor market growth. The growing consumer consciousness towards preventive healthcare measures is likely to boost the demand for health-boosting dietary supplements.

    COVID-19 Impact-

    The market has been positively impacted by the sudden emergence of the coronavirus pandemic. The rising emphasis on maintaining health and immunity amongst consumers has grown during the pandemic, which has augmented the demand for dietary supplements. Moreover, the wide availability of health benefitting supplements on e-commerce platforms has bolstered the market growth. Consumers have been incorporating these supplements in their daily since the onset of the pandemic, contributing to the market growth.

    List of Key Players in the Global Market:

    Amway Corp (Michigan, U.S.)
    Abbott (Illinois, U.S.)
    Nestle S.A. (Vevey, Switzerland)
    Herbalife Nutrition Ltd. (California, U.S.)
    Archer Daniels Midland Company (Illinois, U.S.)
    Glanbia Nutritionals (Illinois, U.S.)
    Otsuka Holdings Co. Ltd. (Tokyo, Japan)
    Arkopharma (Carros, France)
    Pfizer Inc. (New York, U.S.)
    GlaxoSmithKline plc (Brentford, U.K.)
    Drivers & Restraints-

    Rising Emphasis on Quality Supplement Production to Fuel Market Growth

    The rising use of organic, clean-labeled, and safe ingredients in food supplement production is likely to favor the market growth. The rising emphasis on the production of quality supplements is likely to amplify the global dietary supplements market growth. Additionally, the rising preference of sportspersons for food supplements to enhance endurance and performance is projected to complement the global market growth.

    The growing emphasis on preventive healthcare measures shall aid market growth. The rising consumer consciousness towards preventive healthcare measures due to the escalating prevalence of lifestyle and age-related diseases is likely to boost the global market growth.

    Lastly, market players' increasing developments and innovations and the expanding demand for personalized supplements are anticipated to further amplify the market growth.

    However, the high prices of these supplements may hinder market growth.

    Regional Insights-

    Rising Health Consciousness to Accelerate Growth in Asia Pacific

    Asia Pacific is projected to register the fastest growth in the global dietary supplements market share. The rising health consciousness amongst consumers is estimated to be the key factor driving the market growth in the region. The increasing awareness for personalized nutrition concepts is likely to fuel the regional market growth. Additionally, expansion of product portfolios and production bases of international market players across China, India, Malaysia, South Korea, and other Asian countries is projected to favor market growth.

    North America is anticipated to exhibit remarkable growth during the forecast period. The increasingly hectic lifestyles, aging population, obesity, and other diseases are expected to stimulate growth in the region. Additionally, the strict regulatory guidelines to supply safe and high-quality supplements in the U.S. are predicted to aid market growth.

    Europe is expected to witness substantial growth in the global market. The rising consumer awareness and consciousness for preventive healthcare solutions are predicted to favor the region’s market growth. Additionally, the expanding geriatric population is anticipated to complement the market growth.

    South America is predicted to attain significant growth due to the growing adoption of healthy lifestyles, increasing middle-class population, and growing new product launches.


    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    Dietary Supplements Market Demand, Key Regions and Forecast by 2023-2028 The global dietary supplements market size is anticipated to hit USD 128.64 billion by 2028 and exhibit a CAGR of 8.68% during the forecast period. The escalating demand for personalized supplements and the rising emphasis on quality supplements are predicted to foster market growth. Fortune Business InsightsTMhas presented this information in its report titled “Dietary Supplements Market, 2021-2028”. The market size stood at USD 61.20 billion in 2020 and is anticipated to reach USD 71.81 billion in 2021. Additionally, the growing emphasis on preventive healthcare measures due to the rising prevalence of lifestyle and age-related diseases is projected to favor market growth. The growing consumer consciousness towards preventive healthcare measures is likely to boost the demand for health-boosting dietary supplements. COVID-19 Impact- The market has been positively impacted by the sudden emergence of the coronavirus pandemic. The rising emphasis on maintaining health and immunity amongst consumers has grown during the pandemic, which has augmented the demand for dietary supplements. Moreover, the wide availability of health benefitting supplements on e-commerce platforms has bolstered the market growth. Consumers have been incorporating these supplements in their daily since the onset of the pandemic, contributing to the market growth. List of Key Players in the Global Market: Amway Corp (Michigan, U.S.) Abbott (Illinois, U.S.) Nestle S.A. (Vevey, Switzerland) Herbalife Nutrition Ltd. (California, U.S.) Archer Daniels Midland Company (Illinois, U.S.) Glanbia Nutritionals (Illinois, U.S.) Otsuka Holdings Co. Ltd. (Tokyo, Japan) Arkopharma (Carros, France) Pfizer Inc. (New York, U.S.) GlaxoSmithKline plc (Brentford, U.K.) Drivers & Restraints- Rising Emphasis on Quality Supplement Production to Fuel Market Growth The rising use of organic, clean-labeled, and safe ingredients in food supplement production is likely to favor the market growth. The rising emphasis on the production of quality supplements is likely to amplify the global dietary supplements market growth. Additionally, the rising preference of sportspersons for food supplements to enhance endurance and performance is projected to complement the global market growth. The growing emphasis on preventive healthcare measures shall aid market growth. The rising consumer consciousness towards preventive healthcare measures due to the escalating prevalence of lifestyle and age-related diseases is likely to boost the global market growth. Lastly, market players' increasing developments and innovations and the expanding demand for personalized supplements are anticipated to further amplify the market growth. However, the high prices of these supplements may hinder market growth. Regional Insights- Rising Health Consciousness to Accelerate Growth in Asia Pacific Asia Pacific is projected to register the fastest growth in the global dietary supplements market share. The rising health consciousness amongst consumers is estimated to be the key factor driving the market growth in the region. The increasing awareness for personalized nutrition concepts is likely to fuel the regional market growth. Additionally, expansion of product portfolios and production bases of international market players across China, India, Malaysia, South Korea, and other Asian countries is projected to favor market growth. North America is anticipated to exhibit remarkable growth during the forecast period. The increasingly hectic lifestyles, aging population, obesity, and other diseases are expected to stimulate growth in the region. Additionally, the strict regulatory guidelines to supply safe and high-quality supplements in the U.S. are predicted to aid market growth. Europe is expected to witness substantial growth in the global market. The rising consumer awareness and consciousness for preventive healthcare solutions are predicted to favor the region’s market growth. Additionally, the expanding geriatric population is anticipated to complement the market growth. South America is predicted to attain significant growth due to the growing adoption of healthy lifestyles, increasing middle-class population, and growing new product launches. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Dietary Supplements Market Size & Trends | Growth, 2021-2028
    The global dietary supplements market is projected to grow from $71.81 billion in 2021 to $128.64 billion in 2028 at a CAGR of 8.68% in forecast period
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  • Pisco Market Size, Share, Revenue, Growth Analysis, Global Business Demand and Forecast by 2027

    The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market, observes Fortune Business Insights™ in its report, titled “Pisco Market Size, Share & COVID-19 Impact Analysis, By Origin (Peruvian and Chilean), Type (Puro, Acholado, and Others), and Regional Forecast, 2020 – 2027”. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion.

    Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world.

    List of Key Companies Profiled in the Pisco Market Report:

    Pisco Portón (Ica, Peru)
    Catan Pisco (Chicago, United States)
    Pisco MalPaso (Coquimbo, Chile)
    Barton Solvent Inc. (Peru)
    Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile)
    Compañia Cervecerias Unidas (Las Condes, Chile)
    Pisquera Tulahuen SpA (Monte Patria, Chile)
    La Diablada Pisco (Peru)
    Bauzá (Chile)
    Macchu Pisco (Peru)
    Restraining Factors

    Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth

    The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020.

    In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco.

    Regional Insights

    South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects

    At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market.
    Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries.

    Competitive Landscape

    Cooperative Agreements and Measured Expansions to Spur Competition
    With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    Pisco Market Size, Share, Revenue, Growth Analysis, Global Business Demand and Forecast by 2027 The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market, observes Fortune Business Insights™ in its report, titled “Pisco Market Size, Share & COVID-19 Impact Analysis, By Origin (Peruvian and Chilean), Type (Puro, Acholado, and Others), and Regional Forecast, 2020 – 2027”. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion. Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world. List of Key Companies Profiled in the Pisco Market Report: Pisco Portón (Ica, Peru) Catan Pisco (Chicago, United States) Pisco MalPaso (Coquimbo, Chile) Barton Solvent Inc. (Peru) Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile) Compañia Cervecerias Unidas (Las Condes, Chile) Pisquera Tulahuen SpA (Monte Patria, Chile) La Diablada Pisco (Peru) Bauzá (Chile) Macchu Pisco (Peru) Restraining Factors Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020. In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco. Regional Insights South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market. Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries. Competitive Landscape Cooperative Agreements and Measured Expansions to Spur Competition With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Pisco Market Size, Share, Trends | Industry Report [2020-2027]
    The global pisco market size stood at USD 670.5 million in 2019 and is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of ccfv during the forecast period.
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