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  • Edge Servers: Empowering Real-Time Applications and Beyond


    Edge servers play a pivotal role in revolutionizing real-time applications and extending their capabilities beyond conventional boundaries. By bringing computational power closer to end-users, these servers minimize latency, enabling swift data processing and response times critical for applications like gaming, video streaming, and IoT devices. Moreover, edge servers facilitate efficient content delivery, enhancing user experience across diverse digital platforms.

    Beyond real-time applications, they open avenues for edge computing, empowering decentralized networks, autonomous vehicles, and smart infrastructure.

    As technology advances, the significance of edge servers continues to grow, promising a future where instantaneous connectivity and seamless interactions redefine the digital landscape.

    For more details you may visit: https://www.lenovo.com/gb/en/c/servers-storage/servers/edge/
    Edge Servers: Empowering Real-Time Applications and Beyond Edge servers play a pivotal role in revolutionizing real-time applications and extending their capabilities beyond conventional boundaries. By bringing computational power closer to end-users, these servers minimize latency, enabling swift data processing and response times critical for applications like gaming, video streaming, and IoT devices. Moreover, edge servers facilitate efficient content delivery, enhancing user experience across diverse digital platforms. Beyond real-time applications, they open avenues for edge computing, empowering decentralized networks, autonomous vehicles, and smart infrastructure. As technology advances, the significance of edge servers continues to grow, promising a future where instantaneous connectivity and seamless interactions redefine the digital landscape. For more details you may visit: https://www.lenovo.com/gb/en/c/servers-storage/servers/edge/
    Edge Servers | ThinkEdge Servers Solution | Lenovo UK
    Lenovo Edge servers are designed and built with the unique requirements of servers in mind. Versatile enough to stretch the limitations of server locations. ✔Variety of connectivity and security options.
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  • Edge Servers: The Cutting Edge of Network Performance

    Welcome to the forefront of network technology! 🌐 In the fast-paced realm of connectivity, Edge Servers emerge as the unsung heroes, shaping the future of network performance. 🌟

    🔗 What are Edge Servers? 🔗
    Edge Servers bring computing power closer to the end-users, reducing latency and enhancing the overall user experience. They're the game-changers in the race for faster, more responsive networks.

    💡 Key Advantages: 💡
    1️⃣ Low Latency: By processing data closer to the source, Edge Servers minimize the time it takes for information to travel, ensuring near-instantaneous responses.

    2️⃣ High Bandwidth: With the ability to handle data-intensive tasks locally, Edge Servers alleviate the strain on the central network, boosting overall bandwidth and performance.

    3️⃣ Scalability: Edge computing allows for seamless scalability, adapting to the demands of a growing user base without compromising efficiency.

    🌐 Applications: 🌐
    From immersive online gaming to real-time video streaming and smart city infrastructures, Edge Servers are the backbone of the modern digital experience.

    🚀 Future Implications: 🚀
    As we march into the era of 5G and beyond, the significance of Edge Servers will only intensify. Their role in enabling technologies like the Internet of Things (IoT) and augmented reality promises a connected future like never before.

    🔒 Challenges and Innovations: 🔒
    While unlocking unparalleled speed, Edge Servers also pose challenges in terms of security and data privacy. Innovations in encryption and secure edge computing protocols are crucial for a trustworthy digital landscape.

    👩‍💻 Join the Conversation! 👨‍💻
    How do you envision Edge Servers shaping the future of network performance? Share your thoughts and experiences using #EdgeTechRevolution. Let's explore the cutting edge together! 🌐✨

    For more details you may visit: https://www.lenovo.com/jp/ja/c/servers-storage/servers/edge/
    Edge Servers: The Cutting Edge of Network Performance Welcome to the forefront of network technology! 🌐 In the fast-paced realm of connectivity, Edge Servers emerge as the unsung heroes, shaping the future of network performance. 🌟 🔗 What are Edge Servers? 🔗 Edge Servers bring computing power closer to the end-users, reducing latency and enhancing the overall user experience. They're the game-changers in the race for faster, more responsive networks. 💡 Key Advantages: 💡 1️⃣ Low Latency: By processing data closer to the source, Edge Servers minimize the time it takes for information to travel, ensuring near-instantaneous responses. 2️⃣ High Bandwidth: With the ability to handle data-intensive tasks locally, Edge Servers alleviate the strain on the central network, boosting overall bandwidth and performance. 3️⃣ Scalability: Edge computing allows for seamless scalability, adapting to the demands of a growing user base without compromising efficiency. 🌐 Applications: 🌐 From immersive online gaming to real-time video streaming and smart city infrastructures, Edge Servers are the backbone of the modern digital experience. 🚀 Future Implications: 🚀 As we march into the era of 5G and beyond, the significance of Edge Servers will only intensify. Their role in enabling technologies like the Internet of Things (IoT) and augmented reality promises a connected future like never before. 🔒 Challenges and Innovations: 🔒 While unlocking unparalleled speed, Edge Servers also pose challenges in terms of security and data privacy. Innovations in encryption and secure edge computing protocols are crucial for a trustworthy digital landscape. 👩‍💻 Join the Conversation! 👨‍💻 How do you envision Edge Servers shaping the future of network performance? Share your thoughts and experiences using #EdgeTechRevolution. Let's explore the cutting edge together! 🌐✨ For more details you may visit: https://www.lenovo.com/jp/ja/c/servers-storage/servers/edge/
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    安全な IOT、エッジ・コンピューティング、そしてストレージ向けのエッジ・サーバーをご紹介します。過酷な環境でもスマートな接続とセキュリティを確保し、管理が容易なサーバーです。
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  • Industrial Hemp Market Revenue, Trends, Organizations Size, Growth and Regional Forecast To 2030

    The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors.

    Leading Players Featured in the Research Report:

    Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands)

    COVID-19 Impact:

    Industry Value Affected on Account of Reduced Demand amid COVID-19 Pandemic

    The coronavirus pandemic led to the shutdown of several businesses. While hemp cultivators and retailers continued their operation in the pharmaceutical space, the market growth was impacted by trading restrictions. However, the pandemic resulted in an increase in mental health issues among the population, elevating the dependency on medications, and reviving industry demand across various countries.

    Segmentation:

    Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability

    On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors.

    Hemp Fiber to Gain Traction Owing to Surging Application

    Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile.

    Textile Segment to Lead Due to Rising Adoption of Sustainable Practices

    On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change.

    Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa.

    Drivers and Restraints:

    Surge in Market Value Driven by Growing Government Support and Escalating Legalization

    Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries.

    However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries.

    Regional Insights:

    Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization

    Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others.

    In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises.

    Competitive Landscape:

    Key Companies Ink Collaborations for Footprint Expansion

    Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products.

    Browse Detailed Summary of Research Report with TOC:

    https://www.fortunebusinessinsights.com/industrial-hemp-market-102459
    Industrial Hemp Market Revenue, Trends, Organizations Size, Growth and Regional Forecast To 2030 The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors. Leading Players Featured in the Research Report: Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands) COVID-19 Impact: Industry Value Affected on Account of Reduced Demand amid COVID-19 Pandemic The coronavirus pandemic led to the shutdown of several businesses. While hemp cultivators and retailers continued their operation in the pharmaceutical space, the market growth was impacted by trading restrictions. However, the pandemic resulted in an increase in mental health issues among the population, elevating the dependency on medications, and reviving industry demand across various countries. Segmentation: Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors. Hemp Fiber to Gain Traction Owing to Surging Application Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile. Textile Segment to Lead Due to Rising Adoption of Sustainable Practices On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change. Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Surge in Market Value Driven by Growing Government Support and Escalating Legalization Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries. However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries. Regional Insights: Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others. In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises. Competitive Landscape: Key Companies Ink Collaborations for Footprint Expansion Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/industrial-hemp-market-102459
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Industrial Hemp Market Size, Share | Industry Outlook [2030]
    The global industrial hemp market size is projected to grow from $7.90 billion in 2023 to $31.98 billion by 2030, at a CAGR of 22.11% during the forecast period
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  • Brown Rice Market Growth Factors, Demand and Forecast by 2028

    The global brown rice market size was valued at USD 9.30 billion in 2020. The market is estimated to rise from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a 4.57% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Brown Rice Market, 2021-2028.”

    According to the study, heightened awareness about high-fiber foods and prebiotics has played an instrumental role in fueling the demand for whole grain rice. End-users are likely to seek specialty rice across advanced and emerging economies.

    Major Players Profiled in the Brown Rice Market Report:

    KRBL Limited (India)
    LT Foods Ltd. (India)
    Riviana Foods, Inc. (U.S.)
    Kohinoor Foods Limited (India)
    Lundberg Family Farms (U.S.)
    Hain Celestial Group (U.S.)
    New Bharat Group Rice Mills (India)
    Pride India FMCG Limited (India)
    Kikkoman Corporation (Japan)
    Sukoyaka Brown Rice (Japan)
    Drivers and Restraints

    Trend for Prebiotics to Usher Industry Growth

    Whole grains have received impetus across North America, Europe, and Asia Pacific, partly due to the demand for fiber-rich foods to minimize the risk of lifestyle-related chronic health conditions. The brown rice market growth will witness an upward trajectory due to the prominence of vitamins B1, B3, and B6. Industry participants are likely to inject funds into whole grains to cash in on demand for high-fiber functional foods. Moreover, surge in obese population has expedited the product demand globally. The trend for organic food is likely to foster the industry outlook and will further gain impetus with increasing the FDA-approved list of whole grains.

    However, volatile prices amidst changing weather conditions could dent the industry outlook.

    Regional Insights

    Growth to Unfold in Asia Pacific with Rising Prominence of Fiber-rich Products

    Stakeholders expect the Asia Pacific brown rice market share to witness an appreciable gain in the wake of the adoption of a healthy lifestyle and shifting consumption pattern. Emerging economies, such as China and India, are poised to up their investments in unpolished rice. Leading companies are likely to bank on soaring discretionary income and burgeoning population.

    The industry in North America is likely to be strong with soaring product consumption across the U.S. and Canada. Whole grain products have become trendier owing to escalating interest in prebiotic functional foods to boost gut health. With health experts promoting the need for high grain content food products in the diet, brown rice is poised to gain impetus.

    Industry participants are expected to expand their penetration across Europe, largely due to the trend for specialty rice and whole grains. Baby boomers and millennials are likely to exhibit traction for brown rice to boost health and bolster immunity. The rising uptake of organic whole grain across Spain, Italy, and Germany will bode well for regional growth.

    Competitive Landscape

    Leading Companies to Inject Funds into Product Portfolio Expansion to Bolster RoI

    Key industry players emphasize product launches, mergers & acquisitions, technological advancements, and R&D activities as their strategic moves. Prevailing trends indicate well-established players and emerging companies will focus on geographical expansion during the assessment period.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/brown-rice-market-106455
    Brown Rice Market Growth Factors, Demand and Forecast by 2028 The global brown rice market size was valued at USD 9.30 billion in 2020. The market is estimated to rise from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a 4.57% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Brown Rice Market, 2021-2028.” According to the study, heightened awareness about high-fiber foods and prebiotics has played an instrumental role in fueling the demand for whole grain rice. End-users are likely to seek specialty rice across advanced and emerging economies. Major Players Profiled in the Brown Rice Market Report: KRBL Limited (India) LT Foods Ltd. (India) Riviana Foods, Inc. (U.S.) Kohinoor Foods Limited (India) Lundberg Family Farms (U.S.) Hain Celestial Group (U.S.) New Bharat Group Rice Mills (India) Pride India FMCG Limited (India) Kikkoman Corporation (Japan) Sukoyaka Brown Rice (Japan) Drivers and Restraints Trend for Prebiotics to Usher Industry Growth Whole grains have received impetus across North America, Europe, and Asia Pacific, partly due to the demand for fiber-rich foods to minimize the risk of lifestyle-related chronic health conditions. The brown rice market growth will witness an upward trajectory due to the prominence of vitamins B1, B3, and B6. Industry participants are likely to inject funds into whole grains to cash in on demand for high-fiber functional foods. Moreover, surge in obese population has expedited the product demand globally. The trend for organic food is likely to foster the industry outlook and will further gain impetus with increasing the FDA-approved list of whole grains. However, volatile prices amidst changing weather conditions could dent the industry outlook. Regional Insights Growth to Unfold in Asia Pacific with Rising Prominence of Fiber-rich Products Stakeholders expect the Asia Pacific brown rice market share to witness an appreciable gain in the wake of the adoption of a healthy lifestyle and shifting consumption pattern. Emerging economies, such as China and India, are poised to up their investments in unpolished rice. Leading companies are likely to bank on soaring discretionary income and burgeoning population. The industry in North America is likely to be strong with soaring product consumption across the U.S. and Canada. Whole grain products have become trendier owing to escalating interest in prebiotic functional foods to boost gut health. With health experts promoting the need for high grain content food products in the diet, brown rice is poised to gain impetus. Industry participants are expected to expand their penetration across Europe, largely due to the trend for specialty rice and whole grains. Baby boomers and millennials are likely to exhibit traction for brown rice to boost health and bolster immunity. The rising uptake of organic whole grain across Spain, Italy, and Germany will bode well for regional growth. Competitive Landscape Leading Companies to Inject Funds into Product Portfolio Expansion to Bolster RoI Key industry players emphasize product launches, mergers & acquisitions, technological advancements, and R&D activities as their strategic moves. Prevailing trends indicate well-established players and emerging companies will focus on geographical expansion during the assessment period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/brown-rice-market-106455
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Brown Rice Market Size, Growth & Industry Report [2021-2028]
    The global brown rice market is projected to grow from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a CAGR of 4.57% during the forecast period
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  • Industrial Hemp Market Demand, Industry Dynamics and Forecast by 2030

    The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors.

    Leading Players Featured in the Research Report:

    Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands)

    Browse Detailed Summary of Research Report with TOC:

    https://www.fortunebusinessinsights.com/industrial-hemp-market-102459

    Segmentation:

    Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability

    On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors.

    Hemp Fiber to Gain Traction Owing to Surging Application

    Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile.

    Textile Segment to Lead Due to Rising Adoption of Sustainable Practices

    On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change.

    Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa.

    Drivers and Restraints:

    Surge in Market Value Driven by Growing Government Support and Escalating Legalization

    Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries.

    However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries.

    Regional Insights:

    Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization

    Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others.

    In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises.

    Competitive Landscape:

    Key Companies Ink Collaborations for Footprint Expansion

    Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products.

    Key Industry Development:

    March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%.
    Industrial Hemp Market Demand, Industry Dynamics and Forecast by 2030 The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors. Leading Players Featured in the Research Report: Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands) Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/industrial-hemp-market-102459 Segmentation: Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors. Hemp Fiber to Gain Traction Owing to Surging Application Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile. Textile Segment to Lead Due to Rising Adoption of Sustainable Practices On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change. Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Surge in Market Value Driven by Growing Government Support and Escalating Legalization Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries. However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries. Regional Insights: Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others. In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises. Competitive Landscape: Key Companies Ink Collaborations for Footprint Expansion Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products. Key Industry Development: March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Industrial Hemp Market Size, Share | Industry Outlook [2030]
    The global industrial hemp market size is projected to grow from $7.90 billion in 2023 to $31.98 billion by 2030, at a CAGR of 22.11% during the forecast period
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  • Polypropylene Market Outlook 2028 | Industry Analysis & Growth Forecast by Product & End User
    The global polypropylene market size is projected to reach USD 108.57 billion by 2028, exhibiting a CAGR of 5.2% during the forecast period. As per the report by Fortune Business Insights™, titled “Polypropylene Market, 2021-2028”, the market size was USD 75.12 billion in 2020 and is estimated to hit USD 76.00 billion in 2021.

    Advancements in Plastic Recycling Technologies to Create New Growth Opportunities

    Plastic pollution has become a scourge of development for the planet. Now, chemical industry companies, with support from governments and international bodies, are taking concerted steps to tackle this problem head-on using advanced recycling technologies. For example, in April 2021, INEOS bagged the ISCC Plus award from the International Sustainability & Carbon Certification organization for its successful commercial-scale trials of next-generation recycling technology to produce polypropylene (PP), high-density polyethylene (HDPE), propylene, and ethylene. In the same month, the US Polypropylene Recycling Coalition, a cross-industry collaboration, sanctioned USD 1 million to three facilities to augment the recovery of PP in the US. Thus, growing recognition and improving funding for the plastic circular economy will play a vital role in the development of this market.

    Segmentation

    Based on type, the market is bifurcated into homopolymer and copolymer.

    On the basis of end-user, this market has been segmented into packaging, automotive, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceuticals, electrical & electronics, agriculture, and others. Here, the consumer goods/lifestyle segment accounted for a 7.1% share in the global market in 2020.

    By region, the market has been divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


    Driving Factor

    Integration of PP in Electric Vehicles to Catalyze MarketGrowth

    With vehicle pollution at an all-time high in major economies, the adoption of electric vehicles (EVs) is surging worldwide. For example, in 2019, global electric car sales reached 2.1 million, according to data released by the International Energy Agency (IEA). The key to enhancing the energy efficiency of EVs is to reduce their weight by employing lightweight materials in the manufacturing of their components. Polypropylene, which is a thermoplastic, is perfectly suited to meet this goal, primarily because it has low density. As a result, many EV makers are actively integrating PP in their products to make them more energy-efficient. For example, the Skoda Scala features 10% low-talc PP from Borealis, which has been used to make the car’s center console, glove box, and instrument panel. Similarly, Renault’s B4D engine leverages a PP compound for the air intake manifold, weighing 15% lesser than manifolds made from traditional polyamide-based materials. In sum, the incorporation of PP-based materials in EVs is the new thriving trend in the plastics industry, which is propelling the market.


    Information source:

    https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583
    Polypropylene Market Outlook 2028 | Industry Analysis & Growth Forecast by Product & End User The global polypropylene market size is projected to reach USD 108.57 billion by 2028, exhibiting a CAGR of 5.2% during the forecast period. As per the report by Fortune Business Insights™, titled “Polypropylene Market, 2021-2028”, the market size was USD 75.12 billion in 2020 and is estimated to hit USD 76.00 billion in 2021. Advancements in Plastic Recycling Technologies to Create New Growth Opportunities Plastic pollution has become a scourge of development for the planet. Now, chemical industry companies, with support from governments and international bodies, are taking concerted steps to tackle this problem head-on using advanced recycling technologies. For example, in April 2021, INEOS bagged the ISCC Plus award from the International Sustainability & Carbon Certification organization for its successful commercial-scale trials of next-generation recycling technology to produce polypropylene (PP), high-density polyethylene (HDPE), propylene, and ethylene. In the same month, the US Polypropylene Recycling Coalition, a cross-industry collaboration, sanctioned USD 1 million to three facilities to augment the recovery of PP in the US. Thus, growing recognition and improving funding for the plastic circular economy will play a vital role in the development of this market. Segmentation Based on type, the market is bifurcated into homopolymer and copolymer. On the basis of end-user, this market has been segmented into packaging, automotive, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceuticals, electrical & electronics, agriculture, and others. Here, the consumer goods/lifestyle segment accounted for a 7.1% share in the global market in 2020. By region, the market has been divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Driving Factor Integration of PP in Electric Vehicles to Catalyze MarketGrowth With vehicle pollution at an all-time high in major economies, the adoption of electric vehicles (EVs) is surging worldwide. For example, in 2019, global electric car sales reached 2.1 million, according to data released by the International Energy Agency (IEA). The key to enhancing the energy efficiency of EVs is to reduce their weight by employing lightweight materials in the manufacturing of their components. Polypropylene, which is a thermoplastic, is perfectly suited to meet this goal, primarily because it has low density. As a result, many EV makers are actively integrating PP in their products to make them more energy-efficient. For example, the Skoda Scala features 10% low-talc PP from Borealis, which has been used to make the car’s center console, glove box, and instrument panel. Similarly, Renault’s B4D engine leverages a PP compound for the air intake manifold, weighing 15% lesser than manifolds made from traditional polyamide-based materials. In sum, the incorporation of PP-based materials in EVs is the new thriving trend in the plastics industry, which is propelling the market. Information source: https://www.fortunebusinessinsights.com/industry-reports/polypropylene-pp-market-101583
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Polypropylene Market Size, Share & Trends | Report [2028]
    The global polypropylene market is projected to grow from USD 76.00 billion in 2021 to USD 108.57 billion in 2028 at a CAGR of 5.2% in forecast period, 2021-2028.
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  • https://www.maximizemarketresearch.com/market-report/industrial-paint-booth-market/78654/

    #Paint #booths are a necessary aspect of every #industry. They make sure the things are well-presented in order to attract more #customers. The booth creates the ideal environment for the paints to adhere to the #product's surface readily. Because of this advantage, the worldwide industrial paint booth market is expected to rise #significantly from the forecast period. Paint booth providers provide a wide choice of equipment to help end-users create exceptional paint jobs, which is another factor #driving the #global #demand for industrial paint booths.
    https://www.maximizemarketresearch.com/market-report/industrial-paint-booth-market/78654/ #Paint #booths are a necessary aspect of every #industry. They make sure the things are well-presented in order to attract more #customers. The booth creates the ideal environment for the paints to adhere to the #product's surface readily. Because of this advantage, the worldwide industrial paint booth market is expected to rise #significantly from the forecast period. Paint booth providers provide a wide choice of equipment to help end-users create exceptional paint jobs, which is another factor #driving the #global #demand for industrial paint booths.
    WWW.MAXIMIZEMARKETRESEARCH.COM
    Industrial Paint Booth Market: Global Industry Analysis And Forecast (2022-2029)
    Industrial Paint Booth Market reached a value of US $ 676.38 Mn. in 2021 and it is estimated to grow at a CAGR of 2.6%.
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  • The global small satellite market size was valued at USD 4.90 billion in 2021 and reached USD 5.60 billion in 2022. According to a report titled "Small Satellite Market, 2022-2029" by Fortune Business Insights™, the market is anticipated to reach a valuation of USD 12.02 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 11.53% during the forecast period. The market growth is expected to be driven by the swift adoption of 3D printing technology for satellite manufacturing and the growing utilization of satellites across various industries.

    List of Key Players Profiled in the Report:

    Airbus S.A.S (Netherlands)
    The Boeing Company (U.S.)
    Lockheed Martin Corporation (U.S.)
    Northrop Grumman Corporation (U.S.)
    Sierra Nevada Corporation (U.S.)
    ST Engineering (Singapore)
    Thales Group (France)
    SPACEX (U.S.)
    L3Harris Technologies, Inc. (U.S.)

    Browse Detailed Summary of Research Report with TOC:

    https://www.fortunebusinessinsights.com/industry-reports/small-satellite-market-101917


    Small Satellite Industry Segmentation:

    By Type:

    Miniature Satellite
    Micro Satellite
    Nano Satellite
    Pico Satellite
    Femto Satellite
    By Application:

    Communication
    Earth Observation
    Scientific Research
    Technology Development
    Mapping and Navigation
    Military and Defense
    Others
    By End-User:

    Commercial
    Civil
    Government
    Defense
    By Region:

    North America
    Europe
    Asia Pacific
    Latin America
    Middle East & Africa
    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Robust Internet of Things Adoption in the Manufacturing Sector to Foster Market Progress

    Small satellites are objects developed and designed for earth observation, communication, navigation, and other purposes. Satellites are launched into several orbits that comprise Geostationary Earth Orbit (GEO), Medium Earth Orbit (MEO), and Low Earth Orbit (LEO) with the help of rockets. The robust Internet of Things (IoT) adoption in the manufacturing sector is expected to enhance satellite adoption. Furthermore, the rising adoption of satellites for transport, consumers, oil & gas, and mining is likely to fuel industry growth. These factors may drive the small satellite market growth.

    However, launch vehicle shortage is expected to hinder the market growth.

    Regional Insights

    Rising Research & Development Investments in NASA to Fuel Growth in North America

    North America is expected to dominate the small satellite market share due to rising research and development investments in NASA. The market size in North America stood at USD 2.53 billion in 2021 and is expected to gain a huge portion of the global market share in the coming years. Furthermore, the adoption of tri-band antenna and SKYWAN technology is expected to foster the industry’s progress. For example, CubeSat announced a launch initiative from its international space station for the 109th CubeSat in July 2020.

    In Europe, launching IoT services and the internet for numerous applications is expected to enhance the product adoption. Furthermore, the rising focus on executing and developing low-cost missions is expected to propel market growth.

    In Asia Pacific, strong demand from India, Japan, and China is expected to foster industry growth. Furthermore, the development of plans by ISRO is expected to foster the industry’s progress.

    Key Industry Development

    May 2022: Thales Alenia Space entered into a joint venture with Leonardo and Thales to complete tasks associated with the final integration of Orion’s European Service Module 4 essential systems.
    The global small satellite market size was valued at USD 4.90 billion in 2021 and reached USD 5.60 billion in 2022. According to a report titled "Small Satellite Market, 2022-2029" by Fortune Business Insights™, the market is anticipated to reach a valuation of USD 12.02 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 11.53% during the forecast period. The market growth is expected to be driven by the swift adoption of 3D printing technology for satellite manufacturing and the growing utilization of satellites across various industries. List of Key Players Profiled in the Report: Airbus S.A.S (Netherlands) The Boeing Company (U.S.) Lockheed Martin Corporation (U.S.) Northrop Grumman Corporation (U.S.) Sierra Nevada Corporation (U.S.) ST Engineering (Singapore) Thales Group (France) SPACEX (U.S.) L3Harris Technologies, Inc. (U.S.) Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/industry-reports/small-satellite-market-101917 Small Satellite Industry Segmentation: By Type: Miniature Satellite Micro Satellite Nano Satellite Pico Satellite Femto Satellite By Application: Communication Earth Observation Scientific Research Technology Development Mapping and Navigation Military and Defense Others By End-User: Commercial Civil Government Defense By Region: North America Europe Asia Pacific Latin America Middle East & Africa Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Robust Internet of Things Adoption in the Manufacturing Sector to Foster Market Progress Small satellites are objects developed and designed for earth observation, communication, navigation, and other purposes. Satellites are launched into several orbits that comprise Geostationary Earth Orbit (GEO), Medium Earth Orbit (MEO), and Low Earth Orbit (LEO) with the help of rockets. The robust Internet of Things (IoT) adoption in the manufacturing sector is expected to enhance satellite adoption. Furthermore, the rising adoption of satellites for transport, consumers, oil & gas, and mining is likely to fuel industry growth. These factors may drive the small satellite market growth. However, launch vehicle shortage is expected to hinder the market growth. Regional Insights Rising Research & Development Investments in NASA to Fuel Growth in North America North America is expected to dominate the small satellite market share due to rising research and development investments in NASA. The market size in North America stood at USD 2.53 billion in 2021 and is expected to gain a huge portion of the global market share in the coming years. Furthermore, the adoption of tri-band antenna and SKYWAN technology is expected to foster the industry’s progress. For example, CubeSat announced a launch initiative from its international space station for the 109th CubeSat in July 2020. In Europe, launching IoT services and the internet for numerous applications is expected to enhance the product adoption. Furthermore, the rising focus on executing and developing low-cost missions is expected to propel market growth. In Asia Pacific, strong demand from India, Japan, and China is expected to foster industry growth. Furthermore, the development of plans by ISRO is expected to foster the industry’s progress. Key Industry Development May 2022: Thales Alenia Space entered into a joint venture with Leonardo and Thales to complete tasks associated with the final integration of Orion’s European Service Module 4 essential systems.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Small Satellite Market Size, Industry Share, Growth Rate, Forecast, 2030
    The global small satellite market is projected to grow from $5.60 billion in 2022 to $12.02 billion by 2029, at a CAGR of 11.53% in forecast period, 2022-2029
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  • 4d Bioprinting market Research Report by 2022, Forecast till 2035


    Owing to the organ scarcity and lesser number of organ donors, the demand for tissue engineering and organ reconstruction has increased significantly, as a result, the adoption of advanced 4D bioprinting technology is anticipated to increased over the coming years

    The USD 684 million (by 2035) financial opportunity within the 4D bioprinting market has been analyzed across the following segments:
     Type of Technology
     Extrusion-based Technology
     Laser-based Technology
     Inkjet-based Technology
     Others

     Application Area
     Biomedical Applications
     Others

     End-user
     Pharmaceutical and Biotechnology Companies
     Academic Research and Development
     Other end-users

     Key Geographical Regions
     North America
     Europe
     Asia-Pacific
     Latin America
     Middle East and Latin America

    The 4D Bioprinting Market, 2023-2035 report features the following companies, which we identified to be key players in this domain:
     DirectSync Surgical
     Enovis
     Ferentis
     Poietis
     REGENHU
     ROKIT Healthcare
     Sculpteo
     SMART3D
     Stratasys
     VIVAX BIO

    Table of Contents

    1. Preface

    2. Executive Summary

    3. Introduction

    4. 4D Bioprinting: Market Landscape

    5. Smart Biomaterials: Market Landscape

    6. Benchmarking Analysis

    7. Product Competitiveness Analysis

    8. Company Profiles

    9. Publication Benchmarking Analysis

    10. Porter’s Five Forces Analysis

    11. Market Forecast and Opportunity Analysis

    12. Concluding Remarks

    13. Executive Insights

    14. Appendix 1: Tabulated Data

    15. Appendix 2: List of Companies and Organizations

    To view more details on this report, click on the link
    https://www.rootsanalysis.com/reports/4d-bioprinting-market.html

    You may also be interested in the following titles:
    mRNA Synthesis and Manufacturing Services Market

    Lab Automation Market



    About Roots Analysis
    Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.

    Contact:
    Ben Johnson
    +1 (415) 800 3415
    [email protected]

    #4dBioprintingMarket #4dBioprintingMarketSize #4dbioprinting, #4dprintingtechnology #smartbiomaterials
    4d Bioprinting market Research Report by 2022, Forecast till 2035 Owing to the organ scarcity and lesser number of organ donors, the demand for tissue engineering and organ reconstruction has increased significantly, as a result, the adoption of advanced 4D bioprinting technology is anticipated to increased over the coming years The USD 684 million (by 2035) financial opportunity within the 4D bioprinting market has been analyzed across the following segments:  Type of Technology  Extrusion-based Technology  Laser-based Technology  Inkjet-based Technology  Others  Application Area  Biomedical Applications  Others  End-user  Pharmaceutical and Biotechnology Companies  Academic Research and Development  Other end-users  Key Geographical Regions  North America  Europe  Asia-Pacific  Latin America  Middle East and Latin America The 4D Bioprinting Market, 2023-2035 report features the following companies, which we identified to be key players in this domain:  DirectSync Surgical  Enovis  Ferentis  Poietis  REGENHU  ROKIT Healthcare  Sculpteo  SMART3D  Stratasys  VIVAX BIO Table of Contents 1. Preface 2. Executive Summary 3. Introduction 4. 4D Bioprinting: Market Landscape 5. Smart Biomaterials: Market Landscape 6. Benchmarking Analysis 7. Product Competitiveness Analysis 8. Company Profiles 9. Publication Benchmarking Analysis 10. Porter’s Five Forces Analysis 11. Market Forecast and Opportunity Analysis 12. Concluding Remarks 13. Executive Insights 14. Appendix 1: Tabulated Data 15. Appendix 2: List of Companies and Organizations To view more details on this report, click on the link https://www.rootsanalysis.com/reports/4d-bioprinting-market.html You may also be interested in the following titles: mRNA Synthesis and Manufacturing Services Market Lab Automation Market About Roots Analysis Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. Contact: Ben Johnson +1 (415) 800 3415 [email protected] #4dBioprintingMarket #4dBioprintingMarketSize #4dbioprinting, #4dprintingtechnology #smartbiomaterials
    WWW.ROOTSANALYSIS.COM
    4D Bioprinting Market | Industry Analysis | Market Size | 2035
    4D Bioprinting Market, currently being driven by around 60 companies is likely to grow at more than 30% CAGR in the coming decade
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  • Hummus Market Analysis and Key Regions Analysis Available at Fortune Business Insights

    The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period.

    Companies profiled in the hummus market report are:

    Nestlé S.A. (Vevey, Switzerland)
    Cedar’s Mediterranean Foods, Inc. (Massachusetts, U.S.)
    Haliburton International Foods, Inc. (California, U.S.)
    Strauss Group, Ltd. (Sabra Dipping Company, LLC) (Petah Tikva, Israel)
    Bakkavor Group Plc (London, United Kingdom)
    Tribe Hummus (Massachusetts, U.S.)
    Boar’s Head Brand (Florida, United States)
    Hummus Gourmet, LLC (Lantana Foods) (Texas, U.S.)
    The Kraft Heinz Company (Illinois, U.S.)
    Hope Foods, LLC. (Colorado, U.S.)
    Report Coverage:

    We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry.

    Drivers & Restraints:

    Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth

    Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth.

    Regional Insights:

    North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S.

    Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth.

    Segments:

    Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™

    Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020.

    Competitive Landscape:

    Key Players Focus on New Product Development to Intensify Competition

    The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips.

    KEY INDUSTRY DEVELOPMENTS:

    April 2021: Ithaca Hummus unveiled two popular flavors, namely, Lemon Dill and Lemon Garlic in the sharing-size 17 oz. container for the first time. It would help the company to offer innovative products to those who consume the product on a regular basis.
    May 2020: Brami launched a new hummus made from lime juice, sunflower & olive oil, and lupini beans. It does not require refrigeration or contain artificial preservatives.
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/hummus-market-105632
    Hummus Market Analysis and Key Regions Analysis Available at Fortune Business Insights The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period. Companies profiled in the hummus market report are: Nestlé S.A. (Vevey, Switzerland) Cedar’s Mediterranean Foods, Inc. (Massachusetts, U.S.) Haliburton International Foods, Inc. (California, U.S.) Strauss Group, Ltd. (Sabra Dipping Company, LLC) (Petah Tikva, Israel) Bakkavor Group Plc (London, United Kingdom) Tribe Hummus (Massachusetts, U.S.) Boar’s Head Brand (Florida, United States) Hummus Gourmet, LLC (Lantana Foods) (Texas, U.S.) The Kraft Heinz Company (Illinois, U.S.) Hope Foods, LLC. (Colorado, U.S.) Report Coverage: We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry. Drivers & Restraints: Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth. Regional Insights: North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S. Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth. Segments: Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™ Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020. Competitive Landscape: Key Players Focus on New Product Development to Intensify Competition The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips. KEY INDUSTRY DEVELOPMENTS: April 2021: Ithaca Hummus unveiled two popular flavors, namely, Lemon Dill and Lemon Garlic in the sharing-size 17 oz. container for the first time. It would help the company to offer innovative products to those who consume the product on a regular basis. May 2020: Brami launched a new hummus made from lime juice, sunflower & olive oil, and lupini beans. It does not require refrigeration or contain artificial preservatives. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/hummus-market-105632
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Hummus Market Size, Industry Share, Global Trends, Forecast, 2030
    The global hummus market is predicted to grow from $2.95 billion in 2021 to $6.60 billion in 2028 at a CAGR of 12.17% during the forecast period, 2021-2028
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