Global Plant-based Burger Patties Market 2020-2024 | Evolving Opportunities with Amazon.com Inc. and Beyond Meat Inc.

The plant-based burger patties market is poised to grow by USD 650.86 million during 2020-2024, progressing at a CAGR of almost 41% during the forecast period. 

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The market is driven by the awareness about adverse effects of consumption of meat. In addition, the increased adoption of sustainable manufacturing is anticipated to boost the growth of the plant-based burger patties market during the forecast period.

With growing health consciousness, people are increasingly avoiding the consumption of meat because it contains fat residues and gluten. The production of meat also has an adverse effect on biodiversity and is a major source of anthropogenic greenhouse gas (GHG) emissions. As a result, consumers are moving toward alternatives such as plant-based burger patties. Simultaneously, the number of vegans is also increasing around the world. The UK has the largest vegan population in the world. This is further propelling the demand for protein rich plant-based burger patties. Thus, the growing awareness about the benefits of plant-based burger patties and adverse effects of consumption of meat are expected to drive market growth during the forecast period.

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Major Five Plant-based Burger Patties Market Companies:

Amazon.com Inc.

Amazon.com Inc. is headquartered in the US and operates the business under various segments such as North America, International, and AWS. The company offers plant-based burger patties through its subsidiary Whole Foods Market under its brand name 365 Everyday Value.

Beyond Meat Inc.

Beyond Meat Inc. is headquartered in the US and offers products through the following business units: Fresh Platform and Frozen Platform. The company offers plant-based burger patties named Beyond Burger.

Conagra Brands Inc.

Conagra Brands Inc. is headquartered in the US and operates under various business segments, namely Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Pinnacle Foods. The company offers plant-based burger patties through its brand Gardein.

Impossible Foods Inc.

Impossible Foods Inc. is headquartered in the US and offers a wide range of plant-based burger patties named Impossible burger to foodservice restaurant chains and retail stores.

Kellogg Co.

Kellogg Co. is headquartered in the US and offers products through the following business segments: US Snacks, US Morning Foods, US Specialty Channels, North America Other, Europe, Latin America, and APAC. The company offers a wide range of plant-based burger patties through its brand Morningstar Farms.

Global Ethyl Acetate Market 2020-2024| Increasing Demand for Ethyl Acetate from Food Processing Industry to Boost Market Growth

The ethyl acetate market is expected to grow by 685.92 thousand tons during 2020-2024, according to the latest market research report by Technavio. 

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Ethyl acetate is one of the major food processing ingredients used in the food and beverage industry. It is used as an artificial flavoring ingredient in artificial fruit essences, candies, baked foods, gums, ice creams, and confectionery. Ethyl acetate is also used as a flavoring agent in both alcoholic and non-alcoholic beverages. It is used to produce alcoholic beverages such as vodka and gin. Similarly, in non-alcoholic beverages, ethyl acetate is used to extract and concentrate flavors and aromas. Thus, the rising demand for ethyl acetate from food processing industry will drive the growth of the market during the forecast period.

As per Technavio, the increasing demand for green ethyl acetate will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Ethyl Acetate Market : Increasing Demand For Green Ethyl Acetate

In recent years, the global market has witnessed an increased demand for green solvents, which are derived from natural or renewable resources. The high demand for these solvents stems from customers focusing on naturally-derived products with minimal impact on the environment. Furthermore, the growing number of initiatives from federal and state governments to limit or reduce environmental emissions and their health hazards are also boosting the demand for green solvents, such as ethyl acetate. SEKAB and GreenYUG LLC are some of the vendors that offer green ethyl acetate made from biologically produced ethanol. Thus, the growing demand for green ethyl acetate will drive the growth of the market.

Ethyl Acetate Market: Segmentation Analysis

This market research report segments the ethyl acetate market by application (coatings, personal care, F&B, pharmaceuticals and others), and geography (APAC, Europe, MEA, North America and South America).

The APAC region led the ethyl acetate market in 2019, followed by Europe, North America, MEA and South America. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as rising demand for processed foods, increasing use of food flavors as an active ingredient in snacks and other edible items, rising beer consumption and increasing number of construction projects.

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Global Ethyl Acetate Market 2020-2024| Increasing Demand for Ethyl Acetate from Food Processing Industry to Boost Market Growth

The ethyl acetate market is expected to grow by 685.92 thousand tons during 2020-2024, according to the latest market research report by Technavio. 

Request a free sample report

Ethyl acetate is one of the major food processing ingredients used in the food and beverage industry. It is used as an artificial flavoring ingredient in artificial fruit essences, candies, baked foods, gums, ice creams, and confectionery. Ethyl acetate is also used as a flavoring agent in both alcoholic and non-alcoholic beverages. It is used to produce alcoholic beverages such as vodka and gin. Similarly, in non-alcoholic beverages, ethyl acetate is used to extract and concentrate flavors and aromas. Thus, the rising demand for ethyl acetate from food processing industry will drive the growth of the market during the forecast period.

As per Technavio, the increasing demand for green ethyl acetate will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Ethyl Acetate Market : Increasing Demand For Green Ethyl Acetate

In recent years, the global market has witnessed an increased demand for green solvents, which are derived from natural or renewable resources. The high demand for these solvents stems from customers focusing on naturally-derived products with minimal impact on the environment. Furthermore, the growing number of initiatives from federal and state governments to limit or reduce environmental emissions and their health hazards are also boosting the demand for green solvents, such as ethyl acetate. SEKAB and GreenYUG LLC are some of the vendors that offer green ethyl acetate made from biologically produced ethanol. Thus, the growing demand for green ethyl acetate will drive the growth of the market.

Ethyl Acetate Market: Segmentation Analysis

This market research report segments the ethyl acetate market by application (coatings, personal care, F&B, pharmaceuticals and others), and geography (APAC, Europe, MEA, North America and South America).

The APAC region led the ethyl acetate market in 2019, followed by Europe, North America, MEA and South America. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as rising demand for processed foods, increasing use of food flavors as an active ingredient in snacks and other edible items, rising beer consumption and increasing number of construction projects.

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Analysis on Impact of COVID-19-Global Hospital Beds Market 2020-2024 | Evolving Opportunities with Gendron Inc. and Getinge Group

The global hospital beds market is expected to grow by USD 1.4 billion as per Technavio. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.

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The spread of the COVID-19 pandemic is expected to have a positive impact on the growth of the global hospital beds market. With the growing number of COVID-19 cases, the demand for medical furniture such as hospital beds, mobility equipment, and other support products is increasing significantly across the globe. Also, the outbreak of the pandemic has resulted in the construction of new hospitals to treat patients infected by the novel coronavirus. For instance, in February 2020, China built a new 1,000-bed facility hospital to tackle the growing number of COVID-19 cases in the country. Many such factors are fueling the growth of the market.

The market is driven by the rise in infectious diseases. In addition, the growing geriatric population is anticipated to boost the growth of the hospital beds market.

Over recent years, the prevalence of various infectious diseases has been increasing rapidly across the globe. For instance, in 2017, over 9,000 people were diagnosed with tuberculosis and about 54,285 salmonella cases were reported in the US alone. These diseases result in severe illness and require hospital admission. Also, the outbreak of COVID-19 has significantly increased the number of admissions to the ICU and acute care centres across the world. The rising incidence of such infectious diseases is prompting suppliers and manufacturers to expand their business by entering new markets. These factors are expected to drive the growth of the global hospital beds market during the forecast period.

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Major Five Hospital Beds Companies:

Gendron Inc.

Gendron Inc. operates its business through a unified segment. The company offers acute care beds for bariatric patients with and without power assist drive.

Getinge Group

Getinge Group operates its business through segments such as Acute Care Therapies, Life Science, and Surgical Workflows. The company offers Enterprise 9000, which is a high acuity hospital bed incorporated with a weighing system, bed exit alarm, and under-bed anti-entrapment system as standard.

Hill-Rom Holding Inc.

Hill-Rom Holding Inc. operates its business through segments such as Acute Care Therapies, Life Science, Surgical Workflows, Patient Support Systems, Front Line Care, and Surgical Solutions. The company offers Compella Bariatric Bed. This bed is developed with IntelliDrive XL powered transport to streamline workflow, deliver safe patient care, and enhance patient dignity.

Invacare Corp.

Invacare Corp. operates its business through segments such as Patient Support Systems, Front Line Care, Surgical Solutions, Europe, NA/HME, Institutional Products Group, and Asia/Pacific. The company offers Invacare BAR750 Bariatric Bed, which is a heavy-duty full-electric bed with two locking casters and two high-low motors.

Linet spol. Sro

Linet spol. Sro operates its business through segments such as Health care and Nursing care. The company offers Eleganza 5, which is integrated with a 3D app and helps maintain vital signs of the patients.

Well Casing and Cementing Market 2020-2024 | Focus on Unconventional Oil and Gas E&P Activities to Boost Growth

The well casing and cementing market and it is poised to grow by USD 3.19 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Well Casing and Cementing Market. Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Baker Hughes, a GE Co. LLC, China Oilfield Services Ltd., Frank's International NV, Halliburton Co., Nabors Industries Ltd., PAO TMK, Schlumberger Ltd., Tenaris SA, Vallourec SA, and Weatherford International Plc. are some of the major market participants. The focus on unconventional oil and gas E&P activities will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Focus on unconventional oil and gas E&P activities has been instrumental in driving the growth of the market.

Well Casing and Cementing Market 2020-2024: Segmentation

Well Casing and Cementing Market is segmented as below:

·         Application

·         Onshore

·         Offshore

·         Geographic Landscape

·         APAC

·         Europe

·         MEA

·         North America

·         South America

Well Casing and Cementing Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our well casing and cementing market report covers the following areas:

·         Well Casing and Cementing Market Size

·         Well Casing and Cementing Market Trends

·         Well Casing and Cementing Market Analysis

This study identifies technological advances in cementing as one of the prime reasons driving the well casing and cementing market growth during the next few years.

Global Hops Market 2020-2024 | Applications of Hops in Various Industries to Boost Growth

The hops market and it is poised to grow by USD 231.9 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Hops Market Download free sample report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BarthHaas GmbH & Co. KG, Bintani Australia Pty. Ltd., Charles Faram Ltd., Hildegard Eisemann KG, Indie Hops, Kalsec Inc., New Zealand Hops Ltd., Steiner Hops Ltd., and Yakima Chief Hops LLC. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Applications of hops in various industries has been instrumental in driving the growth of the market.

Hops Market 2020-2024: Segmentation

Hops Market is segmented as below:

·         Type

o    Aroma Hops

o    Bitter Hops

·         Geographic Landscape

o    APAC

o    Europe

o    MEA

o    North America

o    South America

Hops Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hops market report covers the following areas:

·         Hops Market Size

·         Hops Market Trends

·         Hops Market Industry Analysis

This study identifies the increasing emphasis on dual-purpose hops as one of the prime reasons driving the hops market growth during the next few years.

Global Cold Chain Market 2019-2023 | 15% CAGR Projection over the Next Five Years

The global cold chain market is expected to post a CAGR of close to 15% during the period 2019-2023, according to the latest market research report by Technavio.

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A key factor driving the growth of the global cold chain market size is the increasing number of trade corridors. Various countries are investing in trade corridors for easy transportation of commodities and goods. The integration of trade corridors in transport networks provides economic benefits and supports development in the form of economic growth, more jobs, reduced poverty, and economic resilience. These economic corridors are increasingly being used by enterprises to transport perishable, temperature-sensitive products such as vegetables, fruits, and fish across borders. As the cold chain is highly used in the transportation of these products, the increase in the number of trade corridors will drive the demand for refrigerated transportation.

As per Technavio, the use of IoT with cold chain will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global cold chain market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Cold Chain Market: Use of IoT with Cold Chain

The Internet of Things (IoT) solution is increasingly being integrated into the cold chain to increase the effectiveness and efficiency of supply chain for products such as fruits, meat, and medicines. The integration of IoT in the cold chain helps enterprises connect with every step of their logistics process. IoT also helps enterprises to change and monitor temperature settings in the vehicle or warehouse remotely. Thus, the use of IoT with cold chain will be a key trend in the cold chain market during the forecast period.

“Apart from the use of IoT with cold chain, other factors such as the use of automated storage and retrieval system (AS/RS), and the growing number of M&A activities will have a significant impact on the growth of the cold chain market value during the forecast period,” says a senior analyst at Technavio.

Global Cold Chain Market: Segmentation Analysis

This market research report segments the global cold chain market worth by type (refrigerated warehouse, and refrigerated transportation), application (meat, fish, and seafood; dairy and frozen desserts; fruits, vegetables, and beverages cold; bakery and confectionery; and healthcare) and geographic regions (North America, Europe, APAC, South America, and MEA).

The North American region led the cold chain market in 2018, followed by Europe, APAC, South America, and MEA respectively. However, the APAC region is expected to witness maximum growth during the forecast period, owing to the large presence of both food and healthcare product suppliers and consumers.

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