• Tactile Actuator Market Size, Share, Growth, And Industry Analysis
    The Tactile Actuator Market is analyzed in detail in this report, with a focus on various aspects such as market size, segment size, and competitor landscape. The report provides valuable insights into the latest developments, trends, and challenges faced by the market. Additionally, the report offers strategic recommendations to companies to overcome the impact of the COVID-19 pandemic on their businesses.

    Information Source:
    https://www.businessresearchinsights.com/market-reports/tactile-actuator-market-103612
    Tactile Actuator Market Size, Share, Growth, And Industry Analysis The Tactile Actuator Market is analyzed in detail in this report, with a focus on various aspects such as market size, segment size, and competitor landscape. The report provides valuable insights into the latest developments, trends, and challenges faced by the market. Additionally, the report offers strategic recommendations to companies to overcome the impact of the COVID-19 pandemic on their businesses. Information Source: https://www.businessresearchinsights.com/market-reports/tactile-actuator-market-103612
    Tactile Actuator Market Report Size [2023-2030] | Share, Global Growth
    Tactile Actuator Latest Research Report- Market Share, Sales and Revenue , Market Growth Rate, Manufacture Analysis and Market Size.
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  • Sugar Alcohol Market Size, Share, Emerging Trends, Future Demands, Revenue and Forecast by 2027

    The global sugar alcohol market size is projected to reach USD 6.70 Billion by 2027 backed by increasing demand for gluten-free food products across the globe. Fortune Business Insights, in its latest report, titled “Sugar Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Sorbitol, Xylitol, Maltitol, Erythritol, and Isomalt), Application (Food and Beverages, Pharmaceuticals, and Cosmetics and Personal Care), and Regional Forecast, 2020 – 2027.” observes that the market was worth USD 3.61 Billion in 2019 and will exhibit a CAGR of 7.75% between 2019 and 2027.

    Sugar Alcohol also known as polyols are turning out to be the fast emerging alternative to sugar. Though they bore similar resemblance to sugar considering their texture and taste, they contain far less caloric content and fewer health hazards when consumed. In addition to this, several studies have shown that consumption of polyols may lead to improving the health of the consumer. Furthermore, they are hybrids between sugar molecules and alcohol molecules and are present in several fruits and vegetables. Though there are organic polyols, there are few processed from sugars such as cornstarch and glucose.

    Drivers and Restraints:

    Increasing Demand for Gluten-free Food Products to Bolster Growth

    Gluten-free food is turning out to be popular among the people across the globe. An array of benefits such as improved cholesterol levels, better digestive health, increased energy levels, and aiding weight-loss, among others provided by gluten-free diet is driving the companies to launch products to ushers into the popularity of the diet. Glucose syrup that includes polyols such as maltitol and sorbitol are extensively used across several regions. Furthermore, growing demand for corn-based glucose syrup that is believed to be gluten-free is expected to drive the growth of the market during the forecast period.

    Regional Analysis:

    Europe to Remain Dominant; High Demand for Sugar-Free Confectionary Products to Promote Growth

    Among the regions, Europe is expected to remain at the forefront and register maximum global Sugar Alcohol market revenue during the projected horizon. Additionally, the region registered a high market share of USD 1.23 Billion in 2019 and is further anticipated to rise backed by growing demand for sugar-free confectionary products among the population. Furthermore, fast-paced lifestyle is leading to a growing consumption of processed foods in several countries of Europe that will aid the market growth. North America, on the other, is anticipated to be the second-most leading region in the forthcoming years. This is ascribable to factors such as increasing prevalence of diabetic patients in the U.S. Furthermore, the widespread effects of COVID-19 in the regions is propelling the demand for hand-sanitizers that will boost the demand for the market during the forecast period.

    The market in Asia-Pacific is expected to witness substantial growth in the forthcoming years. This is attributable to factors such as presence of large population in the region. Furthermore, high production of polyols in the countries such as China and India will contribute to the market growth.

    Competitive Landscape:

    Companies Collaborating to Combat COVID-19 to Augur Growth

    According to the report, the market comprises of several small, medium, and large companies striving to gain maximum market share by consolidating their position during the forecast period. In addition to this, the companies are collaborating with each other to fight the global pandemic, Covid-19 and mitigate the threat to get back the economy on track. For instance, in March 2020, amid the widespread effect of novel coronavirus that has caused the scarcity of hand sanitizes, Gull New Zealand, a renowned petroleum company, announced that it would provide over 340,000 liters of ethanol along with Sugar Alcohol to manufacture hand disinfectants. This move is expected to fill the void caused due to scarcity of hand sanitizers across several regions that will prove beneficial to fight the pandemic

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/sugar-alcohol-market-102956
    Sugar Alcohol Market Size, Share, Emerging Trends, Future Demands, Revenue and Forecast by 2027 The global sugar alcohol market size is projected to reach USD 6.70 Billion by 2027 backed by increasing demand for gluten-free food products across the globe. Fortune Business Insights, in its latest report, titled “Sugar Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Sorbitol, Xylitol, Maltitol, Erythritol, and Isomalt), Application (Food and Beverages, Pharmaceuticals, and Cosmetics and Personal Care), and Regional Forecast, 2020 – 2027.” observes that the market was worth USD 3.61 Billion in 2019 and will exhibit a CAGR of 7.75% between 2019 and 2027. Sugar Alcohol also known as polyols are turning out to be the fast emerging alternative to sugar. Though they bore similar resemblance to sugar considering their texture and taste, they contain far less caloric content and fewer health hazards when consumed. In addition to this, several studies have shown that consumption of polyols may lead to improving the health of the consumer. Furthermore, they are hybrids between sugar molecules and alcohol molecules and are present in several fruits and vegetables. Though there are organic polyols, there are few processed from sugars such as cornstarch and glucose. Drivers and Restraints: Increasing Demand for Gluten-free Food Products to Bolster Growth Gluten-free food is turning out to be popular among the people across the globe. An array of benefits such as improved cholesterol levels, better digestive health, increased energy levels, and aiding weight-loss, among others provided by gluten-free diet is driving the companies to launch products to ushers into the popularity of the diet. Glucose syrup that includes polyols such as maltitol and sorbitol are extensively used across several regions. Furthermore, growing demand for corn-based glucose syrup that is believed to be gluten-free is expected to drive the growth of the market during the forecast period. Regional Analysis: Europe to Remain Dominant; High Demand for Sugar-Free Confectionary Products to Promote Growth Among the regions, Europe is expected to remain at the forefront and register maximum global Sugar Alcohol market revenue during the projected horizon. Additionally, the region registered a high market share of USD 1.23 Billion in 2019 and is further anticipated to rise backed by growing demand for sugar-free confectionary products among the population. Furthermore, fast-paced lifestyle is leading to a growing consumption of processed foods in several countries of Europe that will aid the market growth. North America, on the other, is anticipated to be the second-most leading region in the forthcoming years. This is ascribable to factors such as increasing prevalence of diabetic patients in the U.S. Furthermore, the widespread effects of COVID-19 in the regions is propelling the demand for hand-sanitizers that will boost the demand for the market during the forecast period. The market in Asia-Pacific is expected to witness substantial growth in the forthcoming years. This is attributable to factors such as presence of large population in the region. Furthermore, high production of polyols in the countries such as China and India will contribute to the market growth. Competitive Landscape: Companies Collaborating to Combat COVID-19 to Augur Growth According to the report, the market comprises of several small, medium, and large companies striving to gain maximum market share by consolidating their position during the forecast period. In addition to this, the companies are collaborating with each other to fight the global pandemic, Covid-19 and mitigate the threat to get back the economy on track. For instance, in March 2020, amid the widespread effect of novel coronavirus that has caused the scarcity of hand sanitizes, Gull New Zealand, a renowned petroleum company, announced that it would provide over 340,000 liters of ethanol along with Sugar Alcohol to manufacture hand disinfectants. This move is expected to fill the void caused due to scarcity of hand sanitizers across several regions that will prove beneficial to fight the pandemic Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/sugar-alcohol-market-102956
    Sugar Alcohol Market Size, Global Share, Industry Analysis, Report, 2032
    The global sugar alcohol market size was USD 3.61 Billion in 2019 and is projected to reach USD 6.70 Billion by 2027, exhibiting a CAGR of 7.75% during the forecast period (2020-2027).
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  • According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period.

    E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible.

    Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599

    The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth.

    E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market.

    Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce.

    The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

    Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes.

    Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599

    Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices.

    Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries.

    Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management.

    Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
    According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period. E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible. Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599 The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth. E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market. Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce. The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels. Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes. Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599 Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices. Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries. Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management. Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
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  • According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period.

    E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible.

    Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599

    The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth.

    E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market.

    Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce.

    The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

    Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes.

    Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599

    Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices.

    Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries.

    Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management.

    Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
    According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period. E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible. Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599 The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth. E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market. Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce. The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels. Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes. Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599 Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices. Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries. Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management. Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
    Like
    1
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  • According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period.

    E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible.

    Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599

    The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth.

    E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market.

    Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce.

    The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

    Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes.

    Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599

    Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices.

    Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries.

    Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management.

    Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
    According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period. E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible. Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599 The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth. E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market. Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce. The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels. Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes. Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599 Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices. Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries. Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management. Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
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  • According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period.

    E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible.

    Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599

    The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth.

    E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market.

    Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce.

    The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

    Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes.

    Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599

    Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices.

    Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries.

    Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management.

    Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
    According to a new market research report titled, ‘South east Asia E-commerce Market by Business Model (Horizontal E-commerce and Vertical E-commerce), Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfers, Cash Payments), Operating Channel, and Offering - Forecast to 2030, the South east Asia E-commerce market is projected to reach $762.6 billion by 2030, at a CAGR of 19.8% during the forecast period. E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the Internet. It encompasses various data, systems, and tools for online buyers and sellers, including mobile shopping and online payment encryption. E-commerce relies on technology and digital platforms, including websites, mobile apps, and social media, to make buying and selling possible. Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5599 The growth of this market is driven by the rising Internet and smartphone penetration, growing usage of social media and social commerce, the adoption of the omni-channel business model, and advances in multiple payment modes. However, concerns over online fraud and cybersecurity issues are expected to restrain the market's growth. E-commerce automation and the expansion of cross-border E-commerce are expected to offer significant market growth opportunities. However, navigating local laws and legislation for cross-border operations and building consumer trust without physical touch and feel experience are some of the challenges for the players operating in this market. Key trends in the South east Asia E-commerce market include the adoption of simulations for product testing and validation and the integration of AR and VR technologies in E-commerce. The South east Asia E-commerce market is segmented by business model {horizontal E-commerce and vertical E-commerce}, browsing medium {desktop/laptop and mobile/tablet (application-based and browser-based)}, payment mode {card payments, digital wallets, bank transfers, cash payments, and other payment modes}, operational channel {pure play E-commerce and omni-channel E-commerce}, offering {beauty & fashion products, travel & tourism, electronic products, household products, pharmaceutical products, food & beverage, and other offerings}, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels. Based on business model, the South east Asia E-commerce market is segmented into horizontal E-commerce and vertical E-commerce. In 2023, the horizontal E-commerce segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the wide range of products offered under the horizontal E-commerce model, resulting in a larger customer base and higher sales volumes. Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5599 Based on browsing medium, the South east Asia E-commerce market is segmented into desktop/laptop and mobile/tablet. The mobile/tablet segment is further sub-segmented into application-based and browser-based. In 2023, the desktop/laptop segment is expected to account for the larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the surge in e-commerce sales during the COVID-19 pandemic. Additionally, the work-from-home culture has increased the sales of desktop/laptop devices and their use for online shopping. Furthermore, the high-quality visualization offered by desktops/laptops has contributed to increased E-commerce sales via these devices. Based on payment mode, the South east Asia E-commerce market is segmented into card payments, digital wallets, bank transfers, cash payments, and other payment modes. In 2023, the card payments segment is expected to account for the largest share of the South east Asia E-commerce market. This segment's large market share is mainly attributed to the convenience, security, and offers associated with card payments, making it the most preferred payment mode in E-commerce, particularly in developed countries. Based on operational channel, the South east Asia E-commerce market is segmented into pure play E-commerce and omni-channel E-commerce. In 2023, the omni-channel E-commerce segment is expected to account for a larger share of the South east Asia E-commerce market. The large market share of this segment is attributed to the seamless customer experience offered by these channels, resulting in increased sales, consumer traffic, customer loyalty, and better data collection, enabling businesses to optimize customer interactions and resource management. Quick Buy – South East Asia E-commerce Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/54608559
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  • Texas Guy Passes Away After Eating Raw Oysters Because Of Shellfish Bacteria

    Health officials reported that a guy in Texas who ate raw oysters at a restaurant later passed away from a bacterial infection. Dr. Philip Keiser of the Galveston County Local Health Authority claims that a guy in his 30s from Galveston with underlying medical conditions was the most recent victim of the shellfish bacterium infection.

    Read More: https://thelifesciencesmagazine.com/man-dies-after-eating-raw-oysters/

    #bacteria #microbiology #virus #covid #science #biology #microbiologia #health #biotechnology #laboratory #microbiologist
    Texas Guy Passes Away After Eating Raw Oysters Because Of Shellfish Bacteria Health officials reported that a guy in Texas who ate raw oysters at a restaurant later passed away from a bacterial infection. Dr. Philip Keiser of the Galveston County Local Health Authority claims that a guy in his 30s from Galveston with underlying medical conditions was the most recent victim of the shellfish bacterium infection. Read More: https://thelifesciencesmagazine.com/man-dies-after-eating-raw-oysters/ #bacteria #microbiology #virus #covid #science #biology #microbiologia #health #biotechnology #laboratory #microbiologist
    THELIFESCIENCESMAGAZINE.COM
    Texas Guy Passes Away After Eating Raw Oysters Because Of Shellfish Bacteria
    Health officials reported that a guy in Texas who ate raw oysters at a restaurant later passed away from a bacterial infection. Dr. Philip Keiser of the Galveston County Local Health Authority claims that a guy in his 30s from Galveston with underlying medical conditions was the most recent victim of the shellfish bacterium infection.
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  • Disinfection robots are machines that are programmed to perform the task of disinfection in some degree of autonomy. They have the capability to disinfect a whole room in a short period of time, using either ultraviolet light or spraying a chemical disinfectant. The disinfection robots have evolved out of the need to prevent and reduce the spread of healthcare-associated infections (HAIs). Further, the outbreak of the COVID-19 pandemic has further boosted the demand for disinfection robots due to their ability to autonomously disinfect the surfaces efficiently without incurring additional labor costs.

    Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5234

    In its latest publication on the disinfectant robots market, Meticulous Research®, states that the global disinfectant robots market is expected to grow at a CAGR of 30.1% from 2021 to 2028 to reach $2.79 billion. To provide efficient analysis, Meticulous Research® has segmented this market based on Type (UV Light, Disinfectant Sprayer, Combined System), Technology (Autonomous, Semi-Autonomous), End User (Hospital, Transportation, Hospitality, Industries), and Geography. The study also evaluates industry competitors and analyzes the market at the country level.

    Based on the type, the ultraviolet light disinfection robots segment is estimated to account for largest share of this market in 2021. They are widely used due to the rapid spread of the COVID-19 pandemic, increasing awareness about the spread of hospital-acquired infections, and the efficacy of UV-C irradiation to disinfect surfaces.

    Based on the technology, fully autonomous disinfection robots segment is estimated to account for the largest share of this market in 2021. This can be attributed to its advantages, such as the lower requirement for human interaction and greater efficiency to disinfect.

    Based on end users, the hospitals segment is estimated to account for the largest share of this market in 2021. This is majorly because of factors such as the high prevalence of healthcare-acquired infections along with their high economic burden, rising healthcare spending, increasing awareness about the advantages of disinfection robots, and increased adoption as a protective measure against COVID-19

    Quick Buy — Disinfection Robots Market Research Report: https://www.meticulousresearch.com/Checkout/31848969





    Disinfection robots are machines that are programmed to perform the task of disinfection in some degree of autonomy. They have the capability to disinfect a whole room in a short period of time, using either ultraviolet light or spraying a chemical disinfectant. The disinfection robots have evolved out of the need to prevent and reduce the spread of healthcare-associated infections (HAIs). Further, the outbreak of the COVID-19 pandemic has further boosted the demand for disinfection robots due to their ability to autonomously disinfect the surfaces efficiently without incurring additional labor costs. Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5234 In its latest publication on the disinfectant robots market, Meticulous Research®, states that the global disinfectant robots market is expected to grow at a CAGR of 30.1% from 2021 to 2028 to reach $2.79 billion. To provide efficient analysis, Meticulous Research® has segmented this market based on Type (UV Light, Disinfectant Sprayer, Combined System), Technology (Autonomous, Semi-Autonomous), End User (Hospital, Transportation, Hospitality, Industries), and Geography. The study also evaluates industry competitors and analyzes the market at the country level. Based on the type, the ultraviolet light disinfection robots segment is estimated to account for largest share of this market in 2021. They are widely used due to the rapid spread of the COVID-19 pandemic, increasing awareness about the spread of hospital-acquired infections, and the efficacy of UV-C irradiation to disinfect surfaces. Based on the technology, fully autonomous disinfection robots segment is estimated to account for the largest share of this market in 2021. This can be attributed to its advantages, such as the lower requirement for human interaction and greater efficiency to disinfect. Based on end users, the hospitals segment is estimated to account for the largest share of this market in 2021. This is majorly because of factors such as the high prevalence of healthcare-acquired infections along with their high economic burden, rising healthcare spending, increasing awareness about the advantages of disinfection robots, and increased adoption as a protective measure against COVID-19 Quick Buy — Disinfection Robots Market Research Report: https://www.meticulousresearch.com/Checkout/31848969
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  • OMICRON SUBVARIANT ERIS: SYMPTOMS TO TRANSMISSIBILITY OF NEW COVID VARIANT EG.5

    Want to know more about this variant and its symptoms? You can check out this blog. This blog has explained everything about the omicron’s subvariant, Eris. Also, if you’re worrying about medicinal costs, use the best pharmacy discount card to save up to 85% on your meds at over 60,000 U.S. pharmacies.

    Read here: https://www.wiserxcard.com/omicron-subvariant-eris-symptoms-to-transmissibility-of-new-covid-variant-eg-5/

    #omicron #subvariant #eris #health #heathcare #freerxcard #disocuntonmedications
    OMICRON SUBVARIANT ERIS: SYMPTOMS TO TRANSMISSIBILITY OF NEW COVID VARIANT EG.5 Want to know more about this variant and its symptoms? You can check out this blog. This blog has explained everything about the omicron’s subvariant, Eris. Also, if you’re worrying about medicinal costs, use the best pharmacy discount card to save up to 85% on your meds at over 60,000 U.S. pharmacies. Read here: https://www.wiserxcard.com/omicron-subvariant-eris-symptoms-to-transmissibility-of-new-covid-variant-eg-5/ #omicron #subvariant #eris #health #heathcare #freerxcard #disocuntonmedications
    WWW.WISERXCARD.COM
    Omicron Subvariant Eris: Symptoms to Transmissibility of New Covid Variant EG.5
    A new covid variant, Eris, has gained visibility. It is also known as EG.5. It is the same omicron subvariant that led to the emergence of the
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  • Chocolate Confectionery Market Size, Share, Latest Trends, Growth, Demand and Forecast by 2027

    The global chocolate confectionery market size is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. Widespread awareness regarding the potential health benefits of chocolate is expected to play a central role in driving the growth of this market, states Fortune Business Insights™ in its report, titled “Chocolate Confectionery Market Size, Share & COVID-19 Impact Analysis, By Type (Dark, Milk, and White), Category (Premium, Seasonal, and Everyday), and Regional Forecast, 2020-2027”. Chocolate products, especially dark chocolate, offer a plethora of health benefits. Dark chocolate and cocoa are known to have more flavanols, polyphenols, and antioxidants compared to acai berries, blueberries, and many other naturally occurring consumable foods. Further, a dark chocolate bar holds considerable amounts of iron, copper, and fiber, bolstered with an additional variety of other nutrients. A research study in the National Institutes of Health found that consuming dark chocolate helps regulate blood pressure more efficiently as the presence of flavanols can activate the lining within the arteries, reducing the impediments to blood flow and lowering the risk of heart disorders. These benefits of dark chocolate are surging their consumption, which is propelling the global market growth.

    Market Restraints

    Shrinking Sales amid COVID-19 Pandemic to Stall Market Growth

    The chocolate confectionery market growth is expected to be hit by the coronavirus pandemic as lockdown and social distancing measures have forced consumers to stay at home and retail shops to close down, albeit temporarily. Moreover, severe global economic downturn has led to job losses and plummeting revenues for businesses, which has arrested spending on non-essential foods such as chocolate products. This, in turn, has contracted sales of some of the major players in the chocolate confectionery industry. The Hershey Company, for instance, reported in April that its international net sales dipped by 8.1% to USD 192.5 million. Similarly, in July 2020, Lindt & Spruengli, the Swiss chocolate maker, announced a fall in organic sales by 5-7% in the current year owing to store closures forced by COVID-19.

    Regional Insights

    North America to Have Dominating Lead in the Market Backed by High Demand for Premium Chocolates

    With a market size of USD 19.50 billion in 2019, North America is anticipated to lead the chocolate confectionery market share during the forecast, mainly owing to the high demand for premium chocolate snacks and products among the consumers in the region. However, in the US, whose market volume stood at 1,410.20 thousand tons in 2019, the market is expected to experience limited growth owing to increasing resistance to high-sugar chocolate confectioneries and rising preference for low-sugar confectionery items.

    In Europe, chocolate items are a central component in festivals in the region, which is the major factor augmenting the market growth. In Asia-Pacific, per capita consumption of chocolate products is increasing as a result of growing disposable income in the region. Large proportion of young population and evolving taste preferences are having a considerable influence on the growth trajectory of the market in the region.

    Competitive Landscape

    Heavy Investments in R&D by Key Players to Create Healthy Competitive Atmosphere

    The market for chocolate confectioneries is characterized by a healthy competitive climate as top companies are directing their energies towards elevating their R&D capabilities. Moreover, some players in this market are also engaging in efforts towards establishing sustainable agriculture practices in key cocoa producing regions.

    Industry Developments:

    July 2020: Mars, Incorporated announced its collaboration with World Agroforestry and the International Fund for Agricultural Development to initiate a 5-year-long research project called Sustainable Farming in Tropical Asian Landscapes. The project will be directed towards sustainably connecting small-scale cocoa and palm oil producers in Indonesia and the Philippines to global supply chains.
    October 2019: India-based ITC Limited released the world’s most expensive chocolate under its Fabelle brand. Priced at INR 4.3lakh per kilogram, the limited edition luxury chocolate dubbed ‘Trinity – Truffles Extraordinaire’ entered into the Guinness Book of World Records as the world’s costliest chocolate product.
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/industry-reports/chocolate-confectionery-market-100539
    Chocolate Confectionery Market Size, Share, Latest Trends, Growth, Demand and Forecast by 2027 The global chocolate confectionery market size is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. Widespread awareness regarding the potential health benefits of chocolate is expected to play a central role in driving the growth of this market, states Fortune Business Insights™ in its report, titled “Chocolate Confectionery Market Size, Share & COVID-19 Impact Analysis, By Type (Dark, Milk, and White), Category (Premium, Seasonal, and Everyday), and Regional Forecast, 2020-2027”. Chocolate products, especially dark chocolate, offer a plethora of health benefits. Dark chocolate and cocoa are known to have more flavanols, polyphenols, and antioxidants compared to acai berries, blueberries, and many other naturally occurring consumable foods. Further, a dark chocolate bar holds considerable amounts of iron, copper, and fiber, bolstered with an additional variety of other nutrients. A research study in the National Institutes of Health found that consuming dark chocolate helps regulate blood pressure more efficiently as the presence of flavanols can activate the lining within the arteries, reducing the impediments to blood flow and lowering the risk of heart disorders. These benefits of dark chocolate are surging their consumption, which is propelling the global market growth. Market Restraints Shrinking Sales amid COVID-19 Pandemic to Stall Market Growth The chocolate confectionery market growth is expected to be hit by the coronavirus pandemic as lockdown and social distancing measures have forced consumers to stay at home and retail shops to close down, albeit temporarily. Moreover, severe global economic downturn has led to job losses and plummeting revenues for businesses, which has arrested spending on non-essential foods such as chocolate products. This, in turn, has contracted sales of some of the major players in the chocolate confectionery industry. The Hershey Company, for instance, reported in April that its international net sales dipped by 8.1% to USD 192.5 million. Similarly, in July 2020, Lindt & Spruengli, the Swiss chocolate maker, announced a fall in organic sales by 5-7% in the current year owing to store closures forced by COVID-19. Regional Insights North America to Have Dominating Lead in the Market Backed by High Demand for Premium Chocolates With a market size of USD 19.50 billion in 2019, North America is anticipated to lead the chocolate confectionery market share during the forecast, mainly owing to the high demand for premium chocolate snacks and products among the consumers in the region. However, in the US, whose market volume stood at 1,410.20 thousand tons in 2019, the market is expected to experience limited growth owing to increasing resistance to high-sugar chocolate confectioneries and rising preference for low-sugar confectionery items. In Europe, chocolate items are a central component in festivals in the region, which is the major factor augmenting the market growth. In Asia-Pacific, per capita consumption of chocolate products is increasing as a result of growing disposable income in the region. Large proportion of young population and evolving taste preferences are having a considerable influence on the growth trajectory of the market in the region. Competitive Landscape Heavy Investments in R&D by Key Players to Create Healthy Competitive Atmosphere The market for chocolate confectioneries is characterized by a healthy competitive climate as top companies are directing their energies towards elevating their R&D capabilities. Moreover, some players in this market are also engaging in efforts towards establishing sustainable agriculture practices in key cocoa producing regions. Industry Developments: July 2020: Mars, Incorporated announced its collaboration with World Agroforestry and the International Fund for Agricultural Development to initiate a 5-year-long research project called Sustainable Farming in Tropical Asian Landscapes. The project will be directed towards sustainably connecting small-scale cocoa and palm oil producers in Indonesia and the Philippines to global supply chains. October 2019: India-based ITC Limited released the world’s most expensive chocolate under its Fabelle brand. Priced at INR 4.3lakh per kilogram, the limited edition luxury chocolate dubbed ‘Trinity – Truffles Extraordinaire’ entered into the Guinness Book of World Records as the world’s costliest chocolate product. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/chocolate-confectionery-market-100539
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Chocolate Confectionery Market Size, Industry Share, Growth Rate, 2032
    The global chocolate confectionery market size was valued at $114.33 Bn in 2019 & is projected to reach $136.42 Bn by 2027, at a CAGR of 2.3% during forecast period
    0 Comments 0 Shares 317 Views
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