United States UV Water Treatment Equipment Market Steadily Growing

Shilpa Tiku, Chief Research Officer, Verify Markets

Shilpa Tiku, Chief Research Officer, Verify Markets

US UV Water Treatment Equipment Market Report

US UV Water Treatment Equipment Market Report

Verify Markets B2B Market Research and Consulting

The market is expected to be driven by growth in the pharmaceutical, power generation, and food and beverage end user segments.

Trojan and Xylem dominate the U.S. UV water treatment equipment market with a combined market share of over 60.0 percent by revenue.”

— Chief Research Officer Shilpa Tiku

SAN ANTONIO, TX, UNITED STATES, September 30, 2020 /EINPresswire.com/ — A new analysis by Verify Markets shows the U.S. UV Water Treatment Market was valued at over $145.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of over 7.0 percent from 2019 to 2026. The market is expected to be driven by growth in the pharmaceutical, power generation, and food and beverage end user segments, legislation, the ability to integrate the technology into an existing plant, and an increasing awareness regrading nonchemical-based technologies. Market challenges include the lack of available funding in municipalities, availability of alternate treatment methods, and dominance of a few large market participants. The municipal segment represented the majority of the market by revenue in 2019.

“The market is dominated by a few companies holding a significant market share; Trojan and Xylem dominate the U.S. UV water treatment equipment market with a combined market share of over 60.0 percent by revenue. The increasing presence of large companies will continue to be a challenge to smaller companies,” notes Chief Research Officer at Verify Markets Shilpa Tiku.

This study includes UV systems sold to both municipal and industrial facilities within the United States. Systems used to treat wastewater are excluded. The base year for the study is 2019 and the forecast period is from 2019 until 2026. For the purpose of this research, a UV system is defined as a system that includes all necessary equipment such as the lamp holder/rack, contact chamber, monitoring devices, any other equipment required for the process, and the initial set of UV lamps.

This study captures the following information on the U.S. UV water treatment equipment market: market size, growth rate, revenue forecasts (2019-2026), growth drivers & restraints, market data, market share analysis, market trends, revenue share by end user, revenue share by industry, and quotes by key industry participants.

The key companies in this market include Trojan Technologies, Xylem Inc., Calgon Carbon Corporation, Atlantic Ultraviolet Corporation, Aquionics Inc., and others.

Our research methodology consists of extensive primary interviews with key participants in the market along with secondary sources to validate our information. For more information on this report and other research (including custom reports and consulting), contact info@verifymarkets.com or call 210.595.6987.

Haley Rico
+1 210-595-9687
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Verify Markets
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Source: EIN Presswire

The 35 Top Food Franchises for 2020, According to Franchise Business Owners

Cover of 2020 Top Food Franchises Guide

Guide to Today’s Top Food and Beverage Franchises

Franchise Business Review’s Independent Research Identifies the Best Food and Beverage Franchises to Own in 2020.

Now, more than ever, prospective franchisees must do their due diligence and compare opportunities side-by-side.”

— Michelle Rowan, President & COO, Franchise Business Review

PORTSMOUTH, NH, UNITED STATES, September 30, 2020 /EINPresswire.com/ — Franchise Business Review, an independent market research firm serving the franchise sector, has announced the Top Food and Beverage Franchises of 2020. Despite the challenges facing the restaurant industry due to the COVID-19 pandemic, these award-winning brands ranked high in owner satisfaction by the franchisees who own and operate them.

Franchise Business Review provides ratings of franchise opportunities based solely on survey research that measures franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year recognizing the top franchises in specific sectors.

To identify this year’s list of top food and beverage franchises, Franchise Business Review analyzed 18 months’ worth of data from over 4,300 franchise owners representing 100 franchise brands in the food sector. The companies on the list received the highest ratings from their franchisees in an independent satisfaction survey, which covers financial opportunity, training and support, leadership, operations and product development, core values, general satisfaction, and the franchisee community.

“Many food and beverage franchises suffered when COVID hit, but as the sector begins to recover there are opportunities out there for franchise buyers to be successful – if they choose a brand wisely. Now, more than ever, prospective franchisees must do their due diligence and compare opportunities side-by-side,” said Michelle Rowan, president & COO of Franchise Business Review. “Carefully considering feedback from current franchise owners as well as independent third-party rankings and reviews can aid in your decision making. The 35 award-winning food brands that made the list of Top Food and Beverage Franchises were lauded for their strong leadership, open communication, and ability to work WITH franchisees to navigate all the challenges thrown at them this year.”

The full list of the 2020 Top Food and Beverage Franchises is available at: https://franchisebusinessreview.com/page/franchise-category/top-food-beverage-franchises/

Research on the 2021 overall Top Franchises is now underway. Franchisors who are interested in participating should visit: https://tour.franchisebusinessreview.com/awards/.

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About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,100 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.

Ali Forman
Franchise Business Review
+1 603-319-4818
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Source: EIN Presswire

ANCIENT BRANDS MILLING ACQUIRES THE ASSETS OF THE ANDERSONS, INC. DYERSVILLE, IOWA OPERATION

ANCIENT BRANDS MILLING ACQUIRES THE ASSETS OF THE ANDERSONS, INC. DYERSVILLE, IOWA OPERATION

DYERSVILLE, IOWA, UNITED STATES, September 30, 2020 /EINPresswire.com/ — Dyersville, Iowa, September 30, 2020 /PRNewswire/ – Ancient Brands Milling, LLC, recently announced it has completed the purchase of the grain puffing and blending assets formerly owned and operated by The Andersons, Inc. (NASDAQ: ANDE) in Dyersville, Iowa.

This transaction by Ancient Brands Milling represents the next step in the evolution of the company formerly known as Ancient Brands Grain: from its heritage as a puffed grain start-up in 2016 to now managing every aspect of the supply chain for its gluten-free product portfolio, including processing, manufacturing and quality assurance.

“Ancient Brands Milling is excited to be entering into this next chapter in our company’s history,” said Patrick Hemminger, President of Ancient Brands Milling. “We are eager to begin working with the skilled and energized team members in Dyersville to continue to be a customer-centric vendor partner, providing innovative products, strong food safety and unsurpassed service, quality and consistency. Ancient Brands Milling is uniquely equipped to add innovative value to plant-based product applications with our portfolio of grain and legume based whole puffs and pre-gelatinized powders. This recent evolution is a big step for us as we assert ourselves as a leading provider of functional, micro-reduced ingredients for plant-based applications.”

Terms of the transaction were not disclosed.

About Ancient Brands Milling, LLC
Ancient Brands Milling (ABM) is a leading provider of puffed rice, ancient grains and heritage grains to a number of North America’s most recognized food processors and brands. In addition to its puffed grain portfolio, ABM also provides custom blending services for market-leading baking mix brands and ancient grain supply chain solutions. For more information, visit www.ancientbrands.com .

About The Andersons, Inc.
The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. Through its Statement of Principles, The Andersons strives to provide extraordinary service to its customers, help its employees improve, support its communities and increase the value of the company. For more information, visit www.andersonsinc.com.

SOURCE: Ancient Brands Milling, LLC
For further information: Patrick Hemminger – President email:PHemminger@ancientbrands.com

Patrick Hemminger
Ancient Brands Milling, LLC
+1 563-258-6260
email us here


Source: EIN Presswire

Play & Pandemic at M2Moms® – How Brands Can Help Families Now

marketing to moms

Amy Henry, President, Flashlight Insights

New survey reveals family uncertainty and brand opportunity.

The survey showed how brands can go from theory to practice, with insights from the lived experience of moms and dads, and their kids. It revealed a strategy, a rules for the road ahead for brands.”

— Amy Henry, President, Flashlight Insights

NEW YORK, NEW YORK, UNITED STATES, September 30, 2020 /EINPresswire.com/ — As this year’s surreal summer was underway, M2Moms® contributor Amy Henry, a recognized youth and family expert and Founder & President of FlashLight Insights, fielded a FlashPulse among parents from across the U.S. According to Henry, “We heard loudly and clearly that the return to play makes parents feel like a new bike rider…Wobbly. Worried they might fall. Concerned about injury. Watching their feet instead of the road ahead. The research also showed how brands can go from theory to practice, with insights from the lived experience of moms and dads, and their kids. It revealed a strategy, a rules for the road ahead for brands, companies and organizations who are on this ride with families.”

According to McCann, Founder and Producer of M2Moms®,” This new survey is the basis of the second part of Amy’s M2Moms® series called The Training Wheel Strategy – How Brands Can Support a Return to Play. M2Moms® – The Constant Conference is a 24/7 online executive learning forum dedicated to helping marketers build better business with moms and families.”

Henry continued, “The survey showed just as parents do when their child is in bike ‘training’ stages … brands and organizations should be watching carefully…not just to monitor safety but perhaps as importantly, to watch for growth. Because, as important as the confidence kids get from training wheels is the confidence that they get when they’re removed. The timing is critical – wait too long and kids depend on them. Remove too early and kids might lose their groove. Conversations with kids and families matter more than ever. And nimble ones – with both speed and an appreciation for nuance – have never been more critical. Plus, with school starting, remember to help parents infuse some play into the rituals they’re creating for their kids’ day-to-day lives, whether that’s at home, in school in a new way, or something in between.”

McCann added, “Amy’s two part presentation is available on M2Moms®. Other new content includes: How-to advice on avoiding the “7 Mistakes Brands Make When Marketing to Moms”; “Black Lives Matter At Home Too ”; surprising research results on “Women Gamers”; the latest news, innovations and trends on parents & families; an unmatched compendium of mom-marketing-focused data; presentations; best in business reads on Madd About Books; and to help Members work out those WFH kinks an ongoing series of “Moves that Stretch” with Stephanie Bittner, founder of Bittner Movement.”

2020 M2Moms® Sponsors:
AARP, Healthline Parenthood, GfK, FlashLight Insights, Marketing to Mums, Paramount Market Publishing, Pepper Miller Group, Snippies, Springboard Global Enterprises, The Local Moms Network, Bittner Movement and Tiny Tutus.

About M2Moms® To learn more: www.M2Moms.com or nan@pme-events.com
M2Moms® is produced by PME® Enterprises LLC.

Nan McCann
PME Enterprises LLC
+1 860-724-2649
email us here


Source: EIN Presswire

Populum Introduces New High Potency 2,000mg CBD Oil

The new 2,000mg tincture has 66mg of full-spectrum hemp CBD per serving and a healthy mix of rare cannabinoids like CBN, CBG, and CBC.

We spent a lot of time on research and development on the 2,000mg tincture to ensure we kept our signature tincture qualities, such as taste, intact.”

— Gunhee Park, Populum Founder

TEMPE, AZ, USA, September 30, 2020 /EINPresswire.com/ — Populum’s classic Full-Spectrum Hemp CBD Oil Tincture lineup just got a new addition – a 2,000mg concentration. This is the highest potency Populum CBD product yet to hit the market. Developed as a result of consumer demand, the 2,000mg tincture has 66mg of full-spectrum hemp CBD per serving and a healthy mix of rare cannabinoids like CBN, CBG, and CBC.

"This product has been a long-time in the making," said Gunhee Park, Populum's founder. "Because we doubled the concentration of the 1,000mg, our former most potent product, we spent a lot of time on research and development to ensure we kept our signature tincture qualities, such as taste, intact."

Even though the 2,000mg is more concentrated, the Populum team worked to ensure it still offers its signature orange flavor. Like their other products, the 2,000mg tincture is a true full-spectrum CBD, meaning the benefits of the plant's whole are greater than the sum of its parts.

Created for Advanced Users

Populum's strategy for expansion is not focused on the latest trend to hit the CBD market, but rather is driven by customer demand. With thousands of subscribers every month, Populum is continually engaging customers for feedback. They received dozens of requests from their monthly subscribers for higher potency CBD options in the past year.

"It's important for Populum to continue to adapt to our customers' demands," said Park. "When I started Populum in 2016, my goal was to make it easy for people to experience CBD for the first time. Fast forward four years later, and some of those original customers are still monthly subscribers and want to scale up their daily dosage."

While they will always have resources for CBD newcomers, they also now want to make sure they're catering to the needs of their long-time customers. For long-time customers who know the amazing benefits of the supplement, it was time to expand their product line to include a product designed specifically for them.

Unlike their other tinctures, the new 2,000mg Full-Spectrum Hemp CBD tincture was made specifically for long-time CBD users. This product is recommended for those who are:
-Advanced CBD users, looking to increase their dosage
-Looking to save money by buying a more concentrated product
-People who want their bottle of CBD to last longer
-Or those who simply enjoy the pure benefits of hemp CBD

The introduction of the 2,000mg tincture is aligned with Populum's mission to continue to create simple, effective CBD products that are trustworthy. Populum has dedicated its resources to consciously developing a limited line of products for its efficacy.

Populum’s now has four concentrations of their signature full-spectrum tincture:
-250mg CBD per bottle
-500mg CBD per bottle
-1000mg CBD per bottle
-2000mg CBD per bottle *new* (twice the concentration of our 1,000mg)

Why Does CBD Concentration Matter?

Everyone's body processes CBD differently. Some individuals may not get the desired effects from even the 1,000mg tincture, whereas another person could feel the 1,000mg tincture's effects are too strong. That is why Populum now offers four different tincture concentrations, including the new 2,000mg tincture.

Sticking with Populum's mission to provide products that our customers need, the high potency 2,000 tincture is recommended for someone who has been unsuccessful when using our other concentrations. The 2,000mg is also great for someone who has been actively using CBD for years and is looking to scale up their dosage.

Depending on the condition, CBD concentration does matter. While research in the field is continuing, different concentrations of CBD may be better suited for different benefits. Populum always recommends researching CBD to find out how peers experience the benefits of CBD. Check out Populum’s 800+ reviews to see how others have used our different concentrations of CBD oil tinctures.

The Bottom Line

Populum’s tinctures now come in concentrations of 250mg, 500mg, 1,000mg and 2,000mg. Like all their products, if you want to buy our 2,000mg Full-Spectrum Hemp CBD, they still offer a 30-day risk-free trial. If it's not what you expected, you can send it back for a full refund. If you're a regular Populum customer and would like to add the 2000mg bottle to your subscription, please feel free to reach out to our customer service team directly at hello@populum.com.

For wholesale orders, contact emily@populum.com
For affiliate requests, contact caitlin@populum.com
For customer questions, contact hello@populum.com

Caitlin March
Populum
+1 855-872-2772
email us here
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Source: EIN Presswire

Rapid Product Development Solution Released by InsightsNow and CuliNex

CRAEVS Solution developed to help food and beverage companies take products quickly through concept, commercialization and commerce stages.

It brings together the creativity of culinary experts, inspired and guided by consumer insights, to accelerate cost effective product development timelines.”

— Dave Lundahl, CEO and Founder of InsightsNow

PORTLAND, OR, UNITED STATES, September 30, 2020 /EINPresswire.com/ — InsightsNow, a behavioral research firm, in partnership with CuliNex, a clean label product development consulting firm for the food industry, have released a new product development solution called CRAEVS (an acronym for Clean Label Research through Agile Evolutions into Stores). The companies brought together their respective consumer insights and culinary innovation expertise to build this end-to-end solution for food and beverage company’s innovation efforts.

"The solution is a first for the food industry. It brings together the creativity of culinary experts, inspired and guided by consumer insights, to accelerate cost effective product development timelines," said Dave Lundahl, CEO and Founder of InsightsNow. "The all-in-one solution not only streamlines the process from initial opportunity all the way to the store shelf to deliver cleaner, healthier food product alternatives sought by consumers, it is especially needed during current times to help companies overcome the workflow disruptions caused by the ongoing pandemic."

The CRAEVS Solution was built to take food product and marketing teams through five sprints in a completely integrated process:

1. Clean Label Category Review: Understand competitive space and potential consumers, find your focus
2. Co-Create Concepts: Gather qualitative consumer data to create and refine concepts
3. Co-Design Products & Packaging: Develop and measure effectiveness of target prototypes
4. Commercialization & Packaging: Scale production conditions and match prototype to goals
5. Retail Store or Home Use Testing: Validate the product and get shelf performance feedback

The five phases are implemented through a single team formed by InsightsNow and CuliNex, structured to bring together culinary and food science innovation with insights from consumers in a rapid iterative manner.

"By using insights-driven research, we are able to partner together to inspire, guide and validate the product development process," said Mark Crowell, CEO of CuliNex. "Between our two teams, we have 100+ years of development experience that can help food and beverage companies say ahead of trends—particularly for clean label products."

To learn more about CRAEVS, please visit www.craevs.com.

About InsightsNow
InsightsNow, an award-winning behavioral research firm, partners with companies across a wide array of industry verticals to accelerate marketing, branding and product development decisions for disruptive innovations achieving a cleaner, healthier world. Insights are provided via custom solutions and assisted DIY tools based on proprietary behavioral frameworks to help find answers faster, improving your speed-to and success-in market. www.insightsnow.com

About CuliNex
CuliNex is a product development consultancy specializing in the development of clean label food products. CuliNex works with brand owners, food manufacturers, ingredient suppliers, retailers, and multi-unit foodservice operators to achieve their growth goals by bringing successful products to market. www.culinex.biz

###

Michelle Andre
InsightsNow
+1 503-780-3981
email us here


Source: EIN Presswire

Functional Food Market to reach $267,924.4 million by 2027, witnessing at a CAGR of 6.7%

Functional Food Market

Functional Food Market

Functional food can be stated as a modified food that claims to improve health. The market segmented by ingredient, product, application and region.

PORTLAND, OR, UNITED STATES, September 30, 2020 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Functional Food Market by Ingredient, Product, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2027,”The global functional food market is expected to reach $267,924.40 million by 2027 at a CAGR of 6.7% from 2021 to 2027.

Functional food is defined as food that have a potentially positive effect on health beyond basic nutrition. They promote optimal health and help to reduce the risk of disease. It has been gaining significant popularity within health and wellness circles. Rise in disposable income and increase in expenditure on health and health related food products are expected to boost the growth of the global functional food market. Furthermore, growing cardiovascular diseases, obesity and obesity linked diseases are expected to drive the functional food industry during the forecast period.

Get detailed COVID-19 impact analysis on the Functional Food Market: https://www.alliedmarketresearch.com/request-for-customization/5316?reqfor=covid

According the functional food market trends, the functional food market is segmented into ingredient, product, application and region. By ingredient, it is categorized into probiotics, minerals, proteins & amino acids, prebiotics & dietary fibers, vitamins and others. Depending on product, it is fragmented into bakery & cereals, dairy products, meat, fish & eggs, soy products, fats & oils and others. On the basis of application, it is differentiated into sports nutrition, weight management, clinical nutrition, cardio health, others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

On the basis of ingredient, the vitamins segment was valued at $25,733.00 million in 2019, and is projected to reach $41,625.30 million by 2027, registering a CAGR of 7.7% from 2021 to 2027. This is majorly attributed to benefits associated with vitamin rich functional food such as improved vision, healthy skin, helps to improve blood circulation and boost their immune system of the body. Furthermore, some people need vitamin supplements because they have particular medical conditions that can lead to deficiencies and functional food provides essential vitamins and nutrients in order to fulfill that particular vitamin deficiencies. Regular meal or casual food is not that much proficient to provide essential vitamin so functional food taken as additional food to have a healthy body.

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According the functional food market analysis, on the basis of product, the soy products segment was valued at $17,306.40 million in 2019, and is expected to reach $30,539.40 million by 2027, registering a CAGR of 8.8% from 2021 to 2027. In recent years, soy products have gained significant popularity among the people owing to health and medicinal benefits. As soy is high in fiber, protein, cholesterol free and phytoestrogens. Furthermore, soy products are a good source of omega-3 fatty acids and antioxidants. Thus, growing applications of the soy products in sport nutrition and weight management is further bolster the functional food market growth during forecast period.

On the basis of application, the cardio health segment is estimated to reach $94,936.70 million by 2027, at a CAGR of 7.1%. Growing urbanization, high consumption of fast food or unhealthy food, and hectic schedule leads to increase in chronic diseases and cardiovascular diseases. Cardiovascular disease (CVD) is now the leading cause of death globally and is a growing health concern. Functional food is rich sources of vitamins, proteins, carbohydrates and essential fats, which has consistently been shown to reduce risk of cardiovascular diseases. This is why growing concerns about the cardio health is expected to boost the demand for functional food through cardio health application.

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Region wise, Asia-Pacific dominated the functional food market in 2019, and is projected to sustain its dominance throughout the functional food market forecast period. This is majorly attributed growing urbanization, growing health conscious population and spending capacity are majorly driving the growth of the product market in developing countries of Asia-Pacific region including China, and India. Furthermore, increasing old age population and increasing obese population has been significantly contributing for the growth of product market in Asia Pacific region. As weight management and clinical nutrition are the growing applications of the functional food owing to significant and proportional sources of vitamins, proteins and fatty acids which helps to improve the health of human body.

The players operating in the product market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Danone, Glanbia PLC, Hearthside Food Solutions LLC, Mars, Incorporated, Meiji Co., Ltd., Nestlé S.A., Raisio Plc, Royal frieslandcampina N.V, Sanitarium Health Food Company and The Kraft Heinz Company.

Key findings of the study

The functional food market size was valued at $177,770.00 million in 2019, and is estimated to reach $267,924.40 million by 2027, growing at a CAGR of 6.7% during the forecast period.
By ingredient, the vitamin segment is estimated to witness the fastest growth, registering a CAGR of 7.7% during the forecast period.
In 2019, depending on application, the sport nutrition segment was valued at $ 48,623.90 million, accounting for 27.4% of the global functional Food market share.
In 2019, the Japan was the most prominent market in Asia Pacific market, and is projected to reach $64,983.70 million by 2027, growing at a CAGR of 6.2% during the forecast period.

Similar Reports:
Herbal Nutraceuticals Market Expected to Reach $48.4billion by 2027
Goat Milk Market Expected to Reach $11.4 Billion by 2026

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable

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Source: EIN Presswire

Algae Products Market Size Projected To Record $3,451 Million by 2025: At 4.2% CAGR

Algae Products Market

Increase in global population & rise in demand for convenience food products such as pasta, drinks, bread, gravies, and pastry drive the growth of the market.

PORTLAND, OR, UNITED STATES, September 30, 2020 /EINPresswire.com/ — Algae Products Market by Type (Spirulina, Chlorella, Astaxanthin, Beta Carotene, and Hydrocolloids), Source (Brown Algae, Blue Green Algae, Red Algae, and Green Algae), and Form (Solid and Liquid), and Application (Food & Beverages, Nutraceuticals & Dietary Supplements, Personal Care, Feed, Pharmaceuticals, Chemicals, and Fuel): Global Opportunity Analysis and Industry Forecast, 2018-2025. The report offers in-depth analyses of the global algae market by closely monitoring the market trends, drivers & opportunities, top investment pockets, key growth strategies, and competitive landscape. According to the report, the global algae products market was valued at $2.47 billion in 2017 and is projected to reach $3.45 billion by 2025, registering a CAGR of 4.2% from 2018 to 2025.

Get Detail Analysis – Download Research Report: https://www.alliedmarketresearch.com/request-sample/5074

Increase in population, rise in demand for natural ingredients, R&D of algae into essential commercial products, and several government initiatives toward Algae have driven the growth of global algae products market. On the other hand, impact on algae production due to climate change has checked the growth to some extent. However, high-end development in cultivation technology and high marketing potential in developing countries have paved the way for a number of lucrative opportunities in the segment.

The hydrocolloids segment captured nearly half of the total market revenue in 2017 and is expected to remain dominant during the study period. This is due to the fact that hydrocolloids are extensively used in the food & beverage industry for manufacturing products such as bakery, confectionery, among others. However, the spirulina segment would grow at the fastest CAGR of 6.2% through 2025. The other types analyzed in the report include chlorella, astaxanthin, and beta carotene.

The brown algae segment dominated the global market in terms of revenue in 2017, accounting for 35% of the global market. It is expected to continue its lead through 2025, because brown algae is available with competitive quality and better properties at lower cost compared to the other types. However, the green algae segment would witness the fastest CAGR of 6.0% through 2025. The report also analyzes other sources such as red algae and blue green algae.

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The solid form algae products segment captured the highest share of 63% and would maintain its lion's share through the forecast period. However, the liquid segment is expected to manifest the fastest CAGR though 2025, due to its extensive use in nutraceuticals and supplements.

In 2017, North America contributed around more than one-third of the global market revenue and would maintain its lion's share through the forecast period. However, Asia-Pacific would exhibit the fastest CAGR of 6.2% through 2025, due to increasing population and growing health awareness of naturally extracted products. The other regions analyzed in the report are Europe and Latin America, Middle East and Africa (LAMEA).

The leading companies in the global algae products market include euglena Co., Ltd., Algae Systems LLC., Cyanotech Corporation, Cargill, Incorporated, Algenol Biofuels Inc., BIOPROCESS ALGAE, LLC, Corbion, Algatechnologies, Cellana Inc., and Earthrise Nutritional.

Access Full Report Summary: https://www.alliedmarketresearch.com/algae-products-market

Key Findings of the Algae Products Market:
• The food & beverage segment was the highest contributor to the global algae products market in 2017 and is projected to grow at a CAGR of 4.1%.
• By type, the hydrocolloids segment accounted for 49.2% of algae product market share market and is expected to grow at a CAGR of 3.8%.
• Asia-Pacific is projected to grow at a CAGR of 6.2% from 2018 to 2025, owing to rise in population coupled with increase in food demand.
• In 2017, green algae segment is expected to grow at the highest CAGR of 6.0% from 2018 to 2025.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
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Source: EIN Presswire

Ripe Technology, Inc (ripe.io) Named a Finalist in $3 Million Grow-NY Business Competition

Grow NY

Blockchain of Food

Blockchain of Food

We see tremendous value and opportunity to work alongside the Grow NY ecosystem”

— Raja Ramachandran, CEO of ripe.io.

NEW YORK, NY, UNITED STATES, September 30, 2020 /EINPresswire.com/ — Empire State Development and Cornell University’s Center for Regional Economic Advancement today announced that the startup company ripe.io, led by co-founders Raja Ramachandran and Philip Harris, has been chosen among a group of 20 finalists for the 2020 Grow-NY food and beverage innovation and agriculture technology business challenge. The company, based in New York, N.Y., is one of the leading forces in introducing and deploying the Blockchain of Food. Begun in 2017, ripe.io has been recognized by Forbes as “25 Most Innovative Ag-Tech Startups, Ag Funder’s Most Innovative Supply Chain Start Up, and most recently Rabobank’s award for top 5 Emerging Leadership in Innovation.

ripe.io founders will now join 19 other finalists from across the world in working over the next two months with mentors and competition organizers in Upstate New York to compete for $3 million in startup funding, including a $1 million grand prize. ripe.io founders will pitch their company to a panel of live judges at the Grow-NY Food and Ag Summit which will be held virtually on Nov. 17 and 18. The Summit is free and registration is now open for the public.

Grow-NY is an unprecedented business competition focused on enhancing the emerging food and agriculture innovation cluster currently present in the Finger Lakes, Central New York and Southern Tier regions. In just the first year of a three-year commitment, Grow-NY attracted 199 completed applications around the world. This year, as we embark on the second installment, more than 264 startups applied from 27 countries including Israel, Germany, and Argentina. In the U.S., 26 states were represented, including 98 entries from New York. 29% of applicants included a female founder and 32% included a founder from an underrepresented minority group.

Empire State Development is providing funding for the Grow-NY competition through its Upstate Revitalization Initiative, with administration support from Cornell University’s Center for Regional Economic Advancement. The winner will be required to conduct business in the Grow-NY region which features counties within Central NY, the Finger Lakes and the Southern Tier of New York State where there are vibrant farmlands as well as several major urban centers, including Rochester, Syracuse, Ithaca and Binghamton. The winning business will help contribute to job growth, connect with local industry partners and contribute to a thriving economy.

The finalists were determined by a panel of 30 independent judges comprising the spectrum of food, beverage and agriculture businesses and academics. Grow-NY will award prize money to seven winners this November, all payable in stages, based on business milestones. This includes the $1 million top prize, two $500,000 prizes and four smaller amounts. Tax incentives will also be included.

ripe.io leaders believe they have developed something unique in their industry. “We see tremendous value and opportunity to work alongside the Grow NY ecosystem, with the shared goal of solidifying New York state as one of the best communities in the world for food and agriculture innovation. It has only been two weeks, but we have already witnessed the strength, commitment and passion from everyone surrounding the effort. We are truly humbled to be given such an opportunity,” said Raja Ramachandran, CEO of ripe.io.

“We decided to double down on the relationships that we have with incubators, accelerators, university programs, and food and ag organizations across the globe to cast a wide net of awareness around the competition. As a result, we’ve seen a strong turnout, including many international entrepreneurs,” said Jenn Smith, program director of Cornell University’s Center for Regional Economic Advancement. “Today’s finalists should be very proud to have been selected from this highly competitive competition and we’re excited about their potential. We know this program can provide a much-needed ladder to to help startups climb high, creating new, high-quality jobs at a time when they are urgently needed. We’re eager to see which companies will win the prize money this year and hit the ground running.”

The Grow-NY Food and Ag Summit attracted more than 900 attendees last year and, to align with safety guidelines to prevent the spread of COVID-19, the event will be held virtually this year on Nov. 17 and 18. Finalists will still have the opportunity to pitch their business plans and answer questions from a live panel of judges. Attendees can also experience a symposium featuring a series of panels discussing the biggest issues facing the food and agriculture industry.

“In transforming this year’s Grow-NY Food and Ag Summit into a virtual, we have intentionally created multiple networking opportunities where growers, start-ups, established businesses and influencers can connect,” said Smith. “Food, beverage and agriculture innovation in the Grow-NY region is thriving and we are excited to draw new companies into the ecosystem by creating a welcoming environment for strong partnerships.”

About Empire State Development
Empire State Development (ESD) promotes a vigorous and growing state economy, encourages business investment and job creation, and supports diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance. To learn more about ESD visit https://esd.ny.gov.

About the Cornell Center for Regional Economic Advancement
The Cornell Center for Regional Economic Advancement (CREA) supports economic impact in Upstate New York through entrepreneurship and innovation. We help people advance ideas that will create jobs in all fields in our region, to enrich the area’s economic diversity. To learn more, visit https://crea.cornell.edu.

About Ripe Technology, Inc. (ripe.io)
Ripe Technology, Inc. is on a mission to build long-lasting trust and confidence in our food supply chain through a platform where everyone will be able to access transparent and reliable information on the origin, the journey and quality of their food. With funding support from both Maersk Ventures and Relish Works, ripe.io has offices in New York City and San Francisco. Learn more at http://www.ripe.io.

Philip Harris
Ripe Technology, Inc
+1 415-494-7767
email us here
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Source: EIN Presswire

AGCO, Your Agriculture Company establishes a 2-tier Distribution Model in South Africa

Local Massey Ferguson dealers can now go directly to the manufacturer and designer of their trusted machines, AGCO.

AGCO will establish the first FENDT dealers in South Africa

A new way forward for the distribution of AGCO brands in South Africa from 1 October 2020

Contributing over 40% of the African market, it was time to revise how we do business in South Africa. The enhancements we are putting in place will ensure a swift and effective distribution process.”

— Managing Director of AGCO Africa, Dr. Dominik Reus

JOHANNESBURG, GAUTENG, SOUTH AFRICA, September 30, 2020 /EINPresswire.com/ — AGCO, a worldwide manufacturer and distributor of Challenger, FENDT, Massey Ferguson and Valtra brands has adopted a 2-tier distribution model that will support South African dealers directly from the region’s headquarters in Johannesburg, effective from 1 October, 2020. The move to bring all business operations in-house is informed by a refreshed customer-centric approach, as AGCO draws closer to its dealer network. The restructure presents a great opportunity to unlock significant value in the distribution chain, empowering dealers to offer a more efficient service to farmers.

To date, the distribution of AGCO’s Challenger, FENDT and Massey Ferguson brands in the local market has been subcontracted to BHBW, a Barloworld and BayWa company, while the Valtra brand has been distributed by Valtrac (Pty) Ltd. The change in distribution is a phased-out process. Firstly, Massey Ferguson & Challenger dealers will ‘lift and shift’ to direct accounts with AGCO Distribution Management. This will be followed by the establishment of the first local dealer network for The world’s most efficient tractor series, FENDT. Valtra machines however, will continue to be distributed by AGCO’s partners, Valtrac.

Managing Director of AGCO Africa, Dr. Dominik Reus explains, “Contributing over 40% of the African market, it was time to revise how we do business in South Africa. The enhancements we are putting in place will open direct lines of communication with our dealers. This will ensure a swift and effective distribution process from placing orders to delivering products, while keeping AGCO on the pulse of the market response to our product offering.”
Improving the profitability of AGCO’s dealers so they can offer farmers improved customer service is at the core of the revised distribution model. The direct route to dealers will increases their competiveness as their success is based on individual performance and innovation instead on that of a distributor.

“Dealers will now have more control of their trade and the confidence that they have the full support of the designer, manufacturer and now distributor of their trusted agricultural machinery and solutions.”

AGCO is ensuring a steady pipeline of new stock for whole goods and parts from its international factories during the phased out process to move distribution of all its brands in-house. An invitation for expression of interest has been extended to all dealers of agriculture machines who understand what the FENDT brand represents and are willing to position their dealerships to deliver on AGCO strategic growth plans.

AGCO’s revised distribution model comes at a time when the world is facing a challenging economic environment with greater demand for food security and nutrition. It offers an opportunity for AGCO to contribute to the growth of a robust agricultural industry in South Africa.

For more information on AGCO’s Distribution Management in South Africa please contact the team on RSA.Distribution@agcocorp.com

Tshepang Motsekuoa
AGCO Africa
+27 112308600
email us here


Source: EIN Presswire