Global Solar Energy Market Size Will Reach to USD 200 Billion by 2026: USD 200 billion by 2026

Solar Energy Market

Solar Energy Market

Global solar energy market expected to grow around a CAGR of 20% and is anticipated to reach over USD 200 billion by 2026.

NEW YORK, UNITED STATES, July 1, 2020 /EINPresswire.com/ — Findings from Facts and Factors report “Solar Energy Market By Technology (Photovoltaic Systems, Concentrated Solar Power System(Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling)), By Solar Module (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, and Others), By Application (Residential, Commercial, Industrial), and BY End-user (Electricity Generation, Lighting, Heating, and Charging): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global solar energy market in 2019 was above USD 50 billion. The market is expected to grow around a CAGR of 20% and is anticipated to reach over USD 200 billion by 2026.

A radiant energy generated by the sun is solar energy, harnessed by the use of various technologies such as photovoltaic cells, solar heating, solar architecture, solar thermal energy and others. It is an effective source of unconventional energy and a convenient sustainable solution for rising greenhouse and global warming emissions. Solar energy is used for the production of the solar electricity. Solar energy is used in the number of ways such as heating water and cooking, to generate electricity, etc. The traditional solar cells are manufactured from silicon while second generation solar cells are made from amorphous silicon which are also called as thin-film solar cell.

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The main factors for the growth of solar energy market are government incentives provision & tax rebates for the installation of solar panels and awareness of the environmental pollution. Increased in the rooftop installations for the residential use is expected a boom in the market during the forthcoming years. Furthermore, rising demand of solar power tower in electricity generation is projected to generate more demand for concentrated solar power systems. Rising energy demand coupled with the growing population and raising the non-conventional price of energy is expected to drive the market in the upcoming years. However, climatic conditions especially in the geographical region, such as snowfall, rainfall and high initial installation cost may restrain the growth of solar energy market. Conversely, government initiative for the use of renewable energy, low maintenance and operating cost of the solar power project and rapid industrialization in the developing countries are bolstering the global market for solar energy.

By technology segmentation, the concentrated solar power system category is expected to contribute the largest market share in the global solar energy market. Concentrated solar power system stores the energy by using thermal energy storage technology. On the other hand, photovoltaic system is used to generate direct electric current. On the basis of the solar module segment, polycrystalline and monocrystalline category is expected to witness high growth owing to its use in residential applications. By application segment, the commercial category led the market in 2019 and it is anticipated to grow in the future years attributed to increase installation of solar energy system in commercial sectors such as hospitals, hotels, offices, etc.

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On the basis of the end-use segment, the electricity generation category led the market in 2019 and it is anticipated to grow in the future years attributed to the solar energy in the electric generation. By geography, in 2019, North America dominated the market and it is projected to witness highest market share attributed the implementation of renewable solar energy projects. Europe is also anticipated to share the highest market growth during the forthcoming years owing to the increasing awareness about environmental conservation.

Top key players operating in the market are Abengoa Solar S.A., Acciona Energia S.A., Wuxi Suntech Power Co. Ltd., Bright source Energy Inc., Esolar Inc., Gintech Energy Corp., Kaneka Corp., Sunpower Corporation, Canadian Solar Inc., Tata Power Solar, Trina Solar Limited, Sharp Corporation, Yingli Solar, Verengo Inc, RGS Energy, JA Solar, ReneSola, and others.

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This report segments the solar energy market as follows:

Global Solar Energy Market: By Technology Segmentation Analysis

Photovoltaic Systems
Concentrated Solar Power System
Parabolic Trough
Solar Power Tower
Fresnel Reflectors
Dish Stirling

Global Solar Energy Market: By Solar Module Segmentation Analysis

Monocrystalline
Polycrystalline
Cadmium Telluride
Amorphous Silicon Cells
Others

Global Solar Energy Market: By Application Segmentation Analysis

Residential
Commercial
Industrial

Global Solar Energy Market: By End-Use Segmentation Analysis

Electricity Generation
Lighting
Heating
Charging

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Source: EIN Presswire

Field Roast™️ and ChefsFeed Support Independent Restaurants Affected By Pandemic and Present "Keep the Future Flavorful"

ChefsFeed x Field Roast

A lineup of interactive virtual classes showcases cook-at-home experiences with top chefs to help restaurants and staff affected by COVID-19

SAN FRANCISCO, CA, USA, July 1, 2020 /EINPresswire.com/ — Greenleaf Foods, SPC (“Greenleaf Foods”), is pleased to announce that one of its leading brands, Field Roast Grain Meat Co™ (“Field Roast”), is teaming up with ChefsFeed to help independent restaurants and chefs in the wake of the hardship that hit their businesses during the COVID-19 pandemic. Under the Field Roast banner, Greenleaf Foods will be donating a total of $250,000 to the participating chefs who will lead free virtual cooking classes for at-home consumers as part of the “Keep the Future Flavorful” program.

As restaurants gradually try to rebound and rebuild, Field Roast and ChefsFeed are also committed to using their partnership and platforms to help amplify the mission of the Independent Restaurant Coalition (IRC), a recently formed grassroots group of independent restaurant chefs and owners across the country working together to secure vital protections for the nation’s 500,000 independent restaurants and the more than 11 million restaurant workers impacted by COVID-19. You can learn more about the IRC at www.saverestaurants.com.

“Restaurateurs and their teams play an essential role in the communities that they serve by bringing people together through food. At a time when many independent restaurants have been impacted by economic challenges, we’re proud to support chefs as they get back on their feet while also giving them a platform to extend their passion and creativity into the kitchens of tastemakers across North America,” said Dan Curtin, President of Greenleaf Foods.

The donation through Field Roast, a brand known for its artisanal plant-based meats and cheeses, will be split evenly amongst participating chefs in Chicago, Seattle, New York City, Toronto and Los Angeles to support their restaurants, staff and local communities during this challenging time. Each chef has a different vision of how this will help sustain their business through the uncertainty of the COVID-19 economic recovery and help them navigate their way to reopening.

"Restaurants are a critical lifeline and we must find ways to support our staff, purveyors, and farmers,” said Chef Edouardo Jordan, who begins the multi-chef effort in Seattle. “We’re like the nerve center of a hospitality industry that has taken such a big hit since the pandemic outbreak. As a chef and business owner, I have a tremendous weight on my shoulders. There are so many changes to protocol and safety now that require increased, unexpected and new expenses. These funds are exactly what we need to help bridge that gap."

The cooking class series, which kicks off July 8, will span a range of cuisines and stream every two weeks, showcasing a different city and chef each round. The classes are built to help at-home cooks create bold taste experiences using Field Roast without leaving their kitchen. ChefsFeed created their virtual cooking class initiative distinctly to help the restaurant community.

“COVID-19 has devastated our friends working in the hospitality industry," said Rich Maggiotto, CEO, ChefsFeed. "Since launching this initiative at the end of March, we have already put hundreds of thousands of dollars directly in the pockets of chefs and bartenders. We are proud to partner with a compassionate brand like Field Roast to take this relief effort to the next level. We both recognize the need to act swiftly and provide meaningful funding for independent restaurants as they face the business challenges brought on by this pandemic outbreak.”

Ready for your next culinary adventure? RSVP on ChefsFeed Experiences here: https://experiences.chefsfeed.com/fieldroast. During free registration, registrants will also have the option of helping to #SaveRestaurants by signing a petition to make their voices heard or making a donation to support the Independent Restaurant Coalition (IRC). All advocacy and donations are aimed at helping to support local, independent restaurants affected by COVID-19 across the country. At the completion of the campaign, ChefsFeed will match all donations up to $25,000 directed at supporting the IRC’s efforts.

"As restaurants struggle, the entire supply chain of businesses that supply them are also affected leaving at least 5 million jobs at risk," said the Independent Restaurant Coalition. "Farmers, fishermen, bakers and other suppliers need confidence that independent restaurants can survive this crisis. We are grateful for the efforts of the talented team at Field Roast and ChefsFeed to shine light on this issue and ensure Congress passes the RESTAURANTS Act."

The free virtual cooking class lineup includes:

Seattle (July 8-10)
• Chef Edouardo Jordan, JuneBaby, Salare, Lucinda Grain Bar
• Chef Mutsuko Soma, Kamonegi
• Chef Eric Rivera, Addo

Chicago (Week of July 20th)
• Chef Lamar Moore, Swill Inn
• Chef Erick Williams, Virtue Restaurant
• Chef Zach Engel, Galit

The chefs for Toronto (Week of August 3rd), New York City (Week of August 17th), and Los Angeles (Week of August 31st) will be announced soon.

ABOUT GREENLEAF FOODS, SPC

Greenleaf Foods, SPC, (www.greenleaffoods.com) is transforming plant-based protein with a wide array of delicious and innovative products that satisfy consumers interested in adding protein variety to their diets. Our leading brands include Lightlife® (“Lightlife”) and Field Roast Grain Meat Co.™ (“Field Roast”). Together, these brands are delighting loyal, longtime fans and enticing new ones who never knew plant-based protein could taste so good. The Lightlife and Field Roast portfolios feature nearly 50 products and represent a leading market position in the refrigerated, plant-based protein category in the U.S. Greenleaf Foods, SPC is a wholly owned, independent subsidiary of Maple Leaf Foods Inc. (TSX:MFI).

ABOUT CHEFSFEED

ChefsFeed (www.chefsfeed.com) provides dining and drinking guides, inspiration, and unique experiences direct from experts. The platform also enables culinary professionals and the world’s best brands to discover innovative ways to work together—online and in real life. Download our apps or visit our website, follow us on social media, or watch us on our OTT channels to get inspired to plan your next culinary adventure.

###

Contacts:

Nicole Pierce
Edible
Nicole.Pierce@edible-inc.com

Kelsey Cox
ChefsFeed
+1 415-326-4260
email us here
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Source: EIN Presswire

THE BRANDS WE TRUST IN 2020 DESPITE COVID-19

Reader’s Digest Trusted Brand Singapore 2020 – Platinum

Reader’s Digest Trusted Brand Singapore 2020 – Gold

OUR 22ND ANNUAL SURVEY REVEALS THE BRANDS & PERSONALITIES WE MOST TRUST

SINGAPORE, July 1, 2020 /EINPresswire.com/ — Trust has never been more important in our community due to the unprecedented difficult times since the beginning of 2020. The COVID-19 crisis has affected both businesses and individuals across the world and organisations are reshaping the way they operate in order to continue relationships and reputations that have taken years to build. The 22nd annual list of Singapore’s Most Trusted Brands offers invaluable insight into those brands that have withstood the challenges of today’s climate to instil even more consumer faith.

Reader’s Digest commissioned leading research agency Catalyst Research to survey a representative sample across Asia to find out consumer views on brands in over 50 categories. More than 8000 individuals were selected across five of the region’s key markets: Singapore, the Philippines, Malaysia, Hong Kong and Taiwan. As well as brands, Singapore’s most trusted personalities were also identified and these results are exclusively revealed in the June issue of Reader’s Digest Singapore.

According to Reader’s Digest Editor-in-Chief, APAC, Louise Waterson, “While COVID-19 has certainly changed the marketplace, and the way we go about being consumers, other things remain the same when it comes to our relationships with brands. For the brands themselves, trust matters when it comes to weathering a crisis, and ultimately, trust is built on the traditional foundations of quality, consistency, honesty and delivering on your promises. In terms of this current situation, with this pandemic, that also means getting proactive and reaching out to your customers like never before. It’s very much about maintaining a relationship with that particular individual.”

TRUST DURING THE COVID-19 CRISIS
In these unprecedented difficult times, brands are expected more than ever to support customers with their concerns and provide reassurance that expectations will be upheld and that their value as a customer is recognised.

Trusted Brands understand that the key to easing consumer anxieties is to open a gate of communication through mutual respect and empathy. The Trusted Brands outlined in our survey are here to listen to customer concerns, sympathise with their situations and provide the necessary support and assistance to their customers because they appreciate these valued relationships.
This is the kind of service and quality that helps a consumer understand that the brand they know and trust is still on their side, and working hard to continue the relationship they worked hard to build.

NOTABLE WINNERS
– AIA, an Asia Award winner, also wins in Life Insurance and Travel Insurance categories in Singapore.
– NTUC FairPrice wins across four different categories (Rice, Cooking Oil, Supermarket & Online Grocery, and Tissue Paper).
– Glenda Chong wins Most Trusted TV Host/Presenter for News & Current Affairs whilst Michelle Chong wins Most Trusted Entertainment/Variety Presenter.
– Joseph Schooling yet again wins Most Trusted Sports Personality and, similarly, the Flying Dutchman claims the Most Trusted Radio Presenter for another year.

ABOUT THE SURVEY AND TO SEE THE FULL LIST
This is not a survey of the readers of Reader’s Digest magazine. It is an independently commissioned poll, with the results appearing exclusively in Reader’s Digest Singapore. Leading market research agency Catalyst Research surveyed a representative sample of 8000 individuals from Singapore, Malaysia, the Philippines, Hong Kong and Taiwan to determine which brands consumers trust most.

The survey reveals the brands, products and services that consumers believe in over more than 50 categories.

These are the brands that consumers in Singapore turn to and recognise in their daily lives; whether that be the rice they serve to their family, the supermarket they shop at, or the insurance company they turn to.

These are the brands we lean towards every time we have to make a purchasing decision, the brands that have demonstrated through consistency and longevity that they are trusted in the minds of ordinary Singaporeans.

Lee Zhong Ci
Priority Consultants
+65 6338 1006
email us here


Source: EIN Presswire

Innovative Start-up aims to change the way we make new friends and socialize

Gathers Net

Gathers Net

Gathers Net -people focused network

Gathers Net -people focused network

Gathers works to bring people together and build communities for an authentic value of human connection.

If you have the space to host social gatherings or perhaps amazing social skills, Gathers offer you the chance to act as a host, or perhaps be a guest in someone else’s home, whatever you feel like”

— Khaled Alkulaib, Founder

SAN DIEGO, CA, US, July 1, 2020 /EINPresswire.com/ — A new innovative channel for sharing interests and meeting new people has recently launched in the U.S. Founder, Khaled Alkulaib announced that his company, Gathersnet.com aims to bring people closer who share similar interests for an authentic value of human connection.

The start-up that recently went live is currently accepting new hosts and their mission is to connect like-minded individuals with others in their city and neighborhoods. Gathersnet.com makes it possible to meet new people who share similar interests, such as cooking, books, movies, art, and other recreational activities. The site enables users to either host a gathering or perhaps join one. “Meeting new people in a digital and modern era can become difficult, that’s why we at Gathers empower social gathering and link people that share similar interests. We understand the difficulty of finding friends and people that share our interests,” tells Alkulaib.

Gathers is a simple and unique way to connect with people in a new city, neighborhood, or even when you’re only visiting a new destination for a short time. The team realized that many people struggle to put themselves out there, either having limited funds or having the uncertainty of never knowing who would attend or not. The platform works as a social hub, whereby interested users can register and create an account. They can then decide if they want to host an event, or perhaps attend one.

The team has managed to remove the tedious administration and organization needed to plan your next get together. What they’ve achieved, is building a site, whereby users can make a bit of extra money, share their interests with new people, and familiarize themselves with others in their communities.

“If you have the space to host social gatherings, or perhaps amazing social skills, you can now host guests to do fun and exciting activities together. Gathers offer you the chance to act as a host, or perhaps be a guest in someone else’s home, whatever you feel like,” says Alkulaib. The easy registration process on the platform will enable users to have a new experience each time.

Although the site is fairly new, there’s currently a handful of experiences available that new users can join. Currently, users can pick between book reading, cooking, and food, farm fruit picking, watching movies, and playing either live-action sports or video games. Other options may be added soon as the company is just setting out to test the waters.

Existing social media and dating platforms such as Facebook, Instagram, Snapchat, Tinder, Hinge, and OkCupid are among the most popular sites available. Although the experience of meeting a new person via one of these sites might not always flourish into a lasting friendship, Gathers has become a way to be more creative, build a human connection with more than one person at a time and also shape valuable friendships.

Gathers’ ability to reshape how we meet new friends, or perhaps share our interests with others is a truly unique method in our modern perceptions. Social media has been lacking traction in its ability to build social networks. To some extent, the most popular social and dating sites can easily become filled with marketing schemes, political ad campaigns, and act as news channels for large media outlets.

“Our goal is to become a one-stop haven, not only for many new people sharing their interests but to some extent foster a global community. Saving time and money is a valuable asset for many people, and Gathers will be available for local and international experiences,” he concludes.

Gathers is redesigning conventional methods for finding like-minded groups of friends. As the global pandemic sweeps through our cities and communities each day, it's unclear when we might restart our lives and return to normality. The platform is rethinking local and international communities for the coming years.

Gathers has already gone live, and interested hosts and/or guests can visit their website and register to become a member.

Khaled Alkulaib
Gathers Net
+1 206-651-5586
email us here
Visit us on social media:
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Source: EIN Presswire

Global LPG Cylinder Manufacturing Market 2020 Manufacturers, Share, Trend, Segmentation and Forecast to 2026

New Study Reports "LPG Cylinder Manufacturing Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026" has been Added.

PUNE, MAHARASHTRA, INDIA, June 30, 2020 /EINPresswire.com/ — LPG Cylinder Manufacturing Market 2020-2026

New Study Reports "LPG Cylinder Manufacturing Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026" has been Added on WiseGuyReports.

Introduction/Report Summary:

This report provides in depth study of “LPG Cylinder Manufacturing Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The LPG Cylinder Manufacturing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Liquefied petroleum gas or liquid petroleum gas, also referred to as simply propane or butane, are flammable mixtures of hydrocarbon gases used as fuel in heating appliances, cooking equipment, and vehicles. 

Drivers and Constraints

The fundamental dynamics that are explored in the report hold substantial influence over the LPG Cylinder Manufacturing market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.

This report also analyzes the impact of Coronavirus COVID-19 on the LPG Cylinder Manufacturing industry.

Key Players

The report has profiled some of the Important players prevalent in the global like – Kishore Kela Group, Dorian LPG Ltd.,
Confidence Petroleum India Ltd.
Manchester Tank & Equipment Co.
Sahamitr Pressure Container PLC.
ECP Industries Limited
Mauria Udyog Limited
Shandong Huanri Group Co. Ltd.
Hexagon Ragasco
Aygaz
Worthington Industries, and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the LPG Cylinder Manufacturing.

Request for Free Sample Report of “LPG Cylinder Manufacturing” Market @  https://www.wiseguyreports.com/sample-request/5422087-covid-19-impact-on-global-lpg-cylinder-manufacturing

Market Segmentation based On Type, Application and Region:

The global LPG Cylinder Manufacturing is analyzed for different segments to arrive at an insightful analysis. Such segmentation has been done based on type, application, and region.

Based on Type, the global LPG Cylinder Manufacturing Market is segmented into 4 Kg-15 Kg, 16 Kg-25 Kg,
25 Kg-50 kg
More than 50 Kg and other

Based on Application, the LPG Cylinder Manufacturing Market is segmented into Domestic, Commercial, Industrial, and Others.

Based on Detailed Regional Analysis, the regional segmentation has been carried out for regions of U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America. The report on WGR includes an in-depth study of the LPG Cylinder Manufacturing in each regional segment mentioned above.

Key Stakeholders 
LPG Cylinder Manufacturing Market Manufacturers 
LPG Cylinder Manufacturing Market Distributors/Traders/Wholesalers 
LPG Cylinder Manufacturing Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want.

Complete Report Details@ https://www.wiseguyreports.com/reports/5422087-covid-19-impact-on-global-lpg-cylinder-manufacturing

Major Key Points from Table of Content:

1 Study Coverage
1.1 LPG Cylinder Manufacturing Product Introduction
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered: Ranking of Global Top LPG Cylinder Manufacturing Manufacturers by Revenue in 2019
1.4 Market by Type
1.4.1 Global LPG Cylinder Manufacturing Market Size Growth Rate by Type
1.4.2 4 Kg-15 Kg
1.4.3 16 Kg-25 Kg
1.4.4 25 Kg-50 kg
1.4.5 More than 50 Kg
1.5 Market by Application
1.5.1 Global LPG Cylinder Manufacturing Market Size Growth Rate by Application
1.5.2 Domestic
1.5.3 Commercial
1.5.4 Industrial
1.6 Coronavirus Disease 2019 (Covid-19): LPG Cylinder Manufacturing Industry Impact
1.6.1 How the Covid-19 is Affecting the LPG Cylinder Manufacturing Industry
1.6.1.1 LPG Cylinder Manufacturing Business Impact Assessment – Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and LPG Cylinder Manufacturing Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for LPG Cylinder Manufacturing Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

8 Corporate Profiles
8.1 Kishore Kela Group
8.1.1 Kishore Kela Group Corporation Information
8.1.2 Kishore Kela Group Overview and Its Total Revenue
8.1.3 Kishore Kela Group Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
8.1.4 Kishore Kela Group Product Description
8.1.5 Kishore Kela Group Recent Development
8.2 Dorian LPG Ltd.
8.2.1 Dorian LPG Ltd. Corporation Information
8.2.2 Dorian LPG Ltd. Overview and Its Total Revenue
8.2.3 Dorian LPG Ltd. Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
8.2.4 Dorian LPG Ltd. Product Description
8.2.5 Dorian LPG Ltd. Recent Development
8.3 Confidence Petroleum India Ltd.
8.3.1 Confidence Petroleum India Ltd. Corporation Information
8.3.2 Confidence Petroleum India Ltd. Overview and Its Total Revenue
8.3.3 Confidence Petroleum India Ltd. Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
8.3.4 Confidence Petroleum India Ltd. Product Description
8.3.5 Confidence Petroleum India Ltd. Recent Development
8.4 Manchester Tank & Equipment Co.
8.4.1 Manchester Tank & Equipment Co. Corporation Information
8.4.2 Manchester Tank & Equipment Co. Overview and Its Total Revenue
8.4.3 Manchester Tank & Equipment Co. Production Capacity and Supply, Price, Revenue and Gross Margin (2015-2020)
8.4.4 Manchester Tank & Equipment Co. Product Description
8.4.5 Manchester Tank & Equipment Co. Recent Development

and more

Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Continued…

NORAH TRENT
WISE GUY RESEARCH CONSULTANTS PVT LTD
+1 646-845-9349
email us here


Source: EIN Presswire

Snack Food Manufacturers Are Replacing Artificial Flavors With Natural Ingredients Amidst Rising Consumer Awareness

Snack Food Global Market Report

Snack Food Global Market Report 2020-30: Covid 19 Impact And Recovery

The Business Research Company’s Snack Food Global Market Report 2020-30: Covid 19 Impact And Recovery

LONDON, GREATER LONDON, UK, June 30, 2020 /EINPresswire.com/ — Major players in the global snack food industry include Calbee Inc., ConAgra Foods Inc., Ferrero S.P.A., General Mills Inc., and Nestle. According to snack food market trends, many manufacturers and producers are increasingly using natural ingredients and have also reduced the use of artificial colors and flavors. Health concerns of consumers is increasing the sales of products with natural ingredients, additives and coloring agents. For instance, Pizza Hut stopped using artificial flavors and colors in its US stores in 2015.

Food and beverage manufacturers should look to gain a stronger foothold in the increasingly popular healthy food products segment, either by introducing products with natural additives and coloring agents or by acquiring smaller firms that produce products with natural ingredients.

The global snack food market size is expected to grow from $210.4 billion in 2019 to $215.9 billion in 2020 at a compound annual growth rate (CAGR) of 2.7%. The slow growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $264.8 billion in 2023.

The snack food market consists of sales of snack foods by entities (organizations, sole traders and partnerships) that produce snack foods. Companies in the snack food industry are primarily engaged in salting, roasting, drying, cooking or canning nuts; processing grains or seeds into snacks; manufacturing peanut butter; or manufacturing potato chips, corn chips, popped popcorn, hard pretzels, pork rinds, and similar snacks. These companies package and distribute their products through various distribution channels to both individual customers and commercial establishments.

The snacks food market is segmented by type into potato chips, popcorn, processed snacks, and other snack food. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, e-commerce, and others. By type, the market is segmented into extruded snacks and non-extruded snacks. By flavor, it is segmented into salty, tangy, spicy, and others.

Here Is A List Of Similar Reports By The Business Research Company:

Organic Snack Food Manufacturing Market Global Report 2020-30: Covid 19 Growth And Change (https://www.thebusinessresearchcompany.com/report/organic-snack-food-manufacturing-market-global-report-2020-30-covid-19-growth-and-change)

Specialty Foods Market Global Report 2020-30: Covid 19 Growth And Change (https://www.thebusinessresearchcompany.com/report/specialty-foods-market-global-report-2020-30-covid-19-growth-and-change)

Cookie, Cracker, Pasta, And Tortilla Global Market Report 2020-30: Covid 19 Impact And Recovery (https://www.thebusinessresearchcompany.com/report/cookie-cracker-pasta-and-tortilla-global-market-report-2020-30-covid-19-impact-and-recovery)

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Source: EIN Presswire

Renewable Aviation Fuel Dynamics, Trends, Revenue, Regional Segmented, Outlook & Forecast Till 2026

PUNE, INDIA, INDIA, June 30, 2020 /EINPresswire.com/ —  

COVID-19 Impact on Global Renewable Aviation Fuel Market – 2020-2026

 

Summary: Renewable Aviation Fuel

Aviation fuel mainly includes aviation gasoline for igniting piston engine and jet fuel for gas turbine engine. Renewable aviation fuel is renewable material.

The market for renewable aviation fuel (RAF) is expected to witness a CAGR of more than 56.05% during the forecast period. Government policies are some of the major factors driving the market studied. The introduction of CORSIA, by ICAO, is encouraging aircraft operators to switch to RAF. Several countries, like India, are planning to introduce policies to support the development of RAF. Sustainable aviation fuel (SAF) is more expensive than jet fuel and this cost premium is a key barrier to its wider use.

The defense sector is expected to be the fastest-growing segment among different applications, owing to the increasing government focus on promoting bio-jet fuels in the defense/military sector, particularly in the United States.

Renewable aviation fuel provides an opportunity for airlines to invest in the future. The expected increase in the demand for renewable aviation fuel is not likely to be met unless airline operators expand their renewable aviation fuel commitments with bio-refineries, which will consequently result in driving the improvements in fuel cost and availability. With the expected increase in the adoption of renewable aviation fuel at a global scale, the investments in airport infrastructure are expected to increase.

North America dominated the market in 2018, mainly driven by the existing framework of fuel policies supporting renewable aviation fuel production.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Renewable Aviation Fuel 3900 market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Free Sample Report PDF: COVID-19 Impact on Global Renewable Aviation Fuel Market Outlook @

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Understanding the segments helps in identifying the importance of different factors that aid the

Key Market Trends

Defense Sector to be the Fastest-growing Segment

The defense sector consumes a large amount of aviation fuel. On average, the US military burns about 4.8 billion gallons of jet fuel and diesel each year. Nearly half of that goes to the Air Force and around one-third to the Navy.

Besides, the military sector is seeking to improve the environmental performance of its aircraft fleets and reduce environmental emissions. Biofuels are considered as a way to maintain secure sources of fuel and reduce cost volatility while supporting the country’s environmental initiatives.

The defense sector is expected to be the fastest-growing market, owing to the increasing government focus on promoting bio-jet fuels in the defense/military sector, particularly in the United States.

Companies, such as Honeywell, use this renewable jet fuel process technology for the US Navy and Air Force, as part of a joint program for the US Defense Energy Support Center (DESC) for alternative fuel testing and certification.

North America to Dominate the Market

North America is one of the largest markets for both the aviation industry and renewable aviation fuel. In 2017, the US commercial aircraft fleet reached around 7,397, representing an increase of 2.79% from the previous year’s fleet. The United States airlines carried an all-time high number of passengers in 2018, 1,011.5 million systems worldwide. In the United States, robust growth in air travel resulted in more than 9.2 million metric ton increase in aviation emissions, in 2018, and this number is expected to increase in the coming years as well.

Switching to more energy-dense biofuel, to reach the goal of decarbonizing the aviation sector, is expected to play an important role in reducing GHG concentration across the region.

Waste, residual fats, and oil could supply as much as 7% of the total jet fuel demand in the United States and Canada. In North America, Diamond Green Diesel and AltAir (part of World Energy), the two largest renewable diesel producers, are primarily making use of waste feedstock, such as animal fats and used cooking oil, for their production.

Overall, with supportive policies to decarbonize the aviation emission, the North American market is deemed to be one of the strong demand centers for the renewable aviation fuel market.

View Complete Report / Any Query @

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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Renewable Aviation Fuel market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Renewable Aviation Fuel market in terms of revenue.

Players, stakeholders, and other participants in the global Renewable Aviation Fuel market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Renewable Aviation Fuel market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea,

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Source: EIN Presswire

Cuisine Noir, the Country’s First Black Food and Wine Magazine, Strengthens Focus on Stories From the African Diaspora

The publication continues to curate content that inspires, uplifts and preserves the history and culture of Black chefs, winemakers and more.

OAKLAND, CA, UNITED STATES, June 29, 2020 /EINPresswire.com/ — For Immediate Release

The country’s first Black food, wine and travel magazine, Cuisine Noir, is strengthening its focus to curate stories that tell compelling narratives about chefs, winemakers, hospitality and travel professionals and many more through its digital, print and social media pages. Now in its 11th year, the magazine connects readers to influencers and trendsetters of the African diaspora.

“From the beginning, we wanted Cuisine Noir to be a powerful voice in the world of publishing and food media that would tell our stories authentically from each person’s lived experience working in his or her respective industry,” said publisher V. Sheree Williams. Over the years, the magazine has featured prominent chefs as well as hometown heroes and celebrity foodies, comprehensive stories about Black winemakers and wine professionals from California to Switzerland and tempted readers to grab their passport with travel destinations that highlight the growth of the Black travel movement.

“With the unfortunate and devasting incidences that have led to the cultural awakening we are now seeing among food, drink and media brands, I feel it is important to remember and support magazines such as Cuisine Noir and blogs, websites and other storytellers who have always felt our stories are important and therefore created our own vehicles to ensure they are told and preserved,” said Williams.

Cuisine Noir was first introduced in 1998 by chef Richard Pannell as an insert in a Los Angeles newspaper. In 2007, he teamed up with Williams who suggested re-introducing the concept digitally since that was the growing trend that proved to be successful. During that time, Cuisine Noir covered the rise of “Top Chef’s” Tre Wilcox, “Hell’s Kitchen” winner Rock Harper and The Food Network’s newest star Aaron McCargo, Jr. In 2009, Williams took over ownership and rebranded the magazine into a lifestyle publication to include wine and other beverage features as well as travel. In 2010, the magazine introduced the first global directory of Black winemakers that has since grown with others adapting their own lists to promote these talented brands far and wide.

From 2011 – 2016, Cuisine Noir’s stories were also enjoyed in its print offerings that were available at various partner locations around the country as well as at events. “We love to receive emails from readers asking if the magazine is still available in print, which is still appealing to some. We are working on re-introducing our previous issues on the platform ISSUU later this year and also working on a couple of new print projects as well,” said Williams.

For now, readers are treated to weekly content online that extends from profiles, special industry features such as restaurants’ response to COVID-19, business launches and travel features to cooking tips and techniques. Each month, food and wine lovers can discover new products to try and also enter Cuisine Noir’s monthly cookbook giveaway as part of its Book Grub reviews featuring Black authors.

“We are truly proud of the stories we have told over the years and invite everyone to spend time on Cuisine Noir as they will truly enjoy reading about the accomplishments, contributions and resilience of so many amazing people who continue to shape and surpass any perceived limitations in industries they know and love.”

Visit www.cuisinenoirmag.com to start exploring stories. Publisher V. Sheree Williams is available for interviews upon request.

###

About Cuisine Noir Magazine

Cuisine Noir is the country’s first Black food, wine and travel magazine initially founded in 1998 by chef Richard Pannell to showcase the talents and voices of Black chefs. V. Sheree Creative Enterprises, LLC acquired and rebranded the magazine in 2009 which continues to be a pioneer, authentically telling and preserving food, wine and travel stories from the African diaspora. Since 2016, its 2014 print cover featuring Chef Joe Randall has been included in the story about African-Americans’ contributions to American cuisine in the Smithsonian’s Cultural Expressions video at the National Museum of History and Culture in Washington, D.C.

V. Sheree Williams
V Sheree Creative Enterprises, LLC
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Source: EIN Presswire

Taste Canada Awards Announce the 2020 Shortlist

English Books Shortlist

French Language Books Shortlist

2020 Shortlist Hosts

TORONTO, ONTARIO, CANADA, June 29, 2020 /EINPresswire.com/ — In a year where cookbooks have taken centre stage in the homes of Canadians across the country, it has never been more important to promote the incredible authors that share their recipes and traditions with our great nation. Can we count on you to share the love?

“Now, more than ever, people are cooking at home and taking culinary adventures in their very own kitchens. This is a tremendous opportunity to wave our Canadian flags in celebration of our talented Canadian authors and their outstanding cookbooks,” says Karen Baxter, Executive Director, Taste Canada.

Cookbooks remain a very large industry in Canada. Did you know that in 2019, according to BookNet, the total units of print books sold in Canada in the “cooking” subject category amounted to at least 1.6 million, for a total value of $38 million? Shout it from every kitchen across the country, Canadians love cookbooks!

Each year, Taste Canada presents awards to some of the best food and beverage authors in both official languages. The jury is comprised of volunteers from Canada’s culinary profession appointed by an independent selection committee.

Now in its 23rd year, the Taste Canada Awards / Les Lauréats des Saveurs du Canada (tastecanada.org) announced the shortlist of cookbooks competing for a coveted culinary writing award as well as the virtual gala hosts. Eighty-six cookbooks entered the competition, featuring authors from 7 provinces. The shortlist narrowed the competition to 5 entries per category, featuring authors from 6 provinces.

2020 SHORTLIST

English-Language Books / Les livres langue anglaise

Culinary Narratives

Chop Suey Nation by Ann Hui, Douglas & McIntyre, Madeira Park
**
Gardening with Emma: Grow and Have Fun: A Kid-to-Kid Guide by Emma Biggs and Steven Biggs, Storey Publishing (Thomas Allen & Son), Markham
**
Island Craft: Your Guide to the Breweries of Vancouver Island by Jon Stott, TouchWood Editions, Victoria
**
Lost Feast: Culinary Extinction and the Future of Food by Lenore Newman, ECW Press, Toronto
**
Pepper: A Guide to the World's Favourite Spice by Joe Barth, Rowman and Littlefield, Lanham, MD

General Cookbooks

Duchess at Home by Giselle Courteau, Appetite by Random House, Vancouver
**
Gather: A Dirty Apron Cookbook by David Robertson and Kerry Gold, Figure 1 Publishing, Vancouver
**
Fraiche Food, Full Hearts: A Collection of Recipes for Every Day and Casual Celebrations by Jillian Harris and Tori Wesszer, Penguin Canada, Toronto
**
Let Me Feed You by Rosie Daykin, Appetite by Random House, Vancouver
**
Olive + Gourmando The Cookbook by Dyan Solomon, Ko Média, Montréal

Regional/Cultural Cookbooks

Burdock & Co by Andrea Carlson, Appetite by Random House, Vancouver
**
Cedar and Salt: Vancouver Island Recipes from Forest, Farm, Field, and Sea by DL Acken and Emily Lycopolus, TouchWood Editions, Victoria
**
Coconut Lagoon: Recipes from a South Indian Kitchen by Joe Thottungal and Anne DesBrisay, Figure 1 Publishing, Vancouver
**
Secrets from My Vietnamese Kitchen by Kim Thúy, Appetite by Random House, Vancouver
**
Wildness: An Ode to Newfoundland and Labrador by Jeremy Charles, Phaidon, New York, NY

Single-Subject Cookbooks

Dirty Food: sticky, saucy, gooey, crumbly, messy, shareable food by Julie Van Rosendaal, Author/Dinner with Julie, Calgary
**
Living High Off the Hog by Michael Olson, Appetite by Random House, Vancouver
**
Modern Lunch by Allison Day, Appetite by Random House, Vancouver
**
Oven to Table: Over 100 One-Pot and One-Pan Recipes for Your Sheet Pan, Skillet, Dutch Oven, and More by Jan Scott, Penguin Canada, Toronto
**
Vegetables First by Ricardo Larrivée, Appetite by Random House, Vancouver

Health and Special Diet Cookbooks

Eat More Plants: Over 100 Anti-Inflammatory, Plant-Based Recipes for Vibrant Living by Desiree Nielsen, Penguin Canada, Toronto
**
Peace, Love and Fibre by Mairlyn Smith, Appetite by Random House, Vancouver
**
Sprout Right Family Food: Good Nutrition and Over 130 Simple Recipes for Baby, Toddler, and the Whole Family by Lianne Phillipson, Penguin Canada, Toronto
**
The Living Kitchen by Tamara Green and Sarah Grossman, Appetite by Random House, Vancouver
**
The Long Table Cook Book, Plant-Based Recipes for Optimal Health by Amy Symington, Douglas & McIntyre, Vancouver

Les livres langue française / French-Language Books

Les narrations culinaires

L'avenir est dans le champ par Marie-Claude Lortie et Jean-Martin Fortier, Les Éditions La Presse, Montréal
**
Le goût de la bière fermière – De la tradition à l’innovation locale et écoresponsable par Martin Thibault, Druide, Montréal
**
Lexique français-anglais de la cuisine et de la restauration par Diana Bruno, Centre collégial de développement de matériel didactique [CCDMD], Montréal
**
Mieux conserver ses aliments pour moins gaspiller par Anne-Marie Desbiens, Les Éditions La Presse, Montréal
**
Oui, tout est permis par Hubert Cormier, Éditions la Semaine, Montréal

Livres de cuisine générale

Fiesta santé. Mes recettes et trucs pour commencer à bouger et être débordante d’énergie par Alexandra Diaz, Éditions De L'Homme, Montréal
**
Olive + Gourmando : Le livre de recettes par Dyan Soloman, KO Éditions, Montréal
**
Soupers rapides par Geneviève O’Gleman, Groupe Sogides/Éditions De L'Homme, Montréal
**
Survivre en appart par Rosalie Lessard, Éditions De L'Homme, Montréal
**
Végé gourmand par Linda Montpetit, Modus Vivendi, Montréal

Livres de cuisine régionale et culturelle

Ancora! par Maria Di Domenico, Auteur, Québec
**
Défi des p'tits chefs – les recettes, Volume 3 par Béatrice Savoie-Frenette, Éditions Cardinal, Montréal
**
FORÊT Identifier, cueillir, cuisiner par Ariane Paré Le Gal et Gérald Le Gal, Les Éditions Cardinal, Montréal
**
Saveurs d'Acadie cuisine traditionnelle et d'aujourd'hui par Anne Godin et Amélie Poirier, Éditions LGO (La Grande Ourse limitée), Moncton
**
Tables véganes – Menus d'ici et d'ailleurs par Élise Desaulniers et Patricia Martin, Trécarré, Montréal

Livres de cuisine sujet unique

Cuisine de pêche par Stéphane Modat, Les Éditions La Presse, Montréal
**
Déjeuners protéinés par Hubert Cormier, Éditions la Semaine, Montréal
**
Food Prep pour repas improvisés par Jessika Langlois, Modus Vivendi, Montréal
**
L'apéro au Québec cocktails locaux et de saison par Maxime Coubès et Rose Simard, KO Éditions, Montréal
**
Parcours sucré par Patrice Demers, Les Éditions La Presse, Montréal

Livres de cuisineé et diète particulière

Comptoir végan par Gabrielle Cossette et Aurélie Lacroix, Parfum d'encre, Montréal
**
Les bonnes choses : cuisine végane au fil du jour par Eline Bonnin, Éditions De L'Homme, Montréal
**
Loounie cuisine par Caroline Huard, KO Éditions, Montréal
**
Mes grands classiques véganes – 100 nouvelles recettes véganes inspirées des classiques par Jean-Philippe Cyr, Les Éditions Cardinal, Montréal
**
Savoir quoi manger – TDAH par Elisabeth Cerquiera, Modus Vivendi, Montréal

OUR HOSTS

The Taste Canada Awards shortlist announcement was delivered by Susanne Mikler and Chef Martin Juneau, renowned culinary icons.

SUSANNE MIKLER

Susanne Mikler is the co-founder of LC Liaison College I Culinary Arts, a facility that trains gourmet chefs in 10 campuses located throughout Southern Ontario and was recently ranked as the fourth best culinary arts school in the world by the Chef2Chef Culinary Portal.
A dynamic and visionary entrepreneur and a natural leader, Susanne is a graduate of Seneca College (Travel and Tourism Diploma Program) and attended the University of Waterloo (Undergraduate Program in Arts and Social Work).

In addition to her current duties as VP of Corporate Affairs for Liaison College, Susanne is past chair of the Board of Women in Food Industry Management. Committed to improving the culinary arts in Canada by mentoring chefs and chefs-in-training as well as someone who is generous with recognition and appreciation for her teams, she was nominated for an RBC Canadian Woman Entrepreneur in the Bell Trailblazer category (2006).

Susanne has also served as Ontario Director with the Canadian Chef Educators Association, chaired the Guelph Region chapter of Cuisine Canada, held positions with both the Ontario and National Association of Career Colleges and been a member of the National Accreditation Commission, among other roles.

She currently sits as a much-esteemed Director on the Taste Canada’s Board.

MARTIN JUNEAU

Co-owner of Pastaga, vins nature & restaurant (ranked 5th best new restaurant in Canada by EnRoute in 2012) and named best Canadian chef in 2011 during the Gold Medal Plates competition, Martin Juneau became known to the general public in as a judge of culinary reality TV Et que ça saute!, broadcast on V in 2011 and 2012. His inventive, eclectic and unpretentious cuisine is one of the most creative in the province. Very attached to Quebec's culinary traditions, he was the perfect person to lead Les Prix Juneau in 2014, where he traveled the roads of Quebec in search of the best recipes.

Since 2015, his plate has been full! We only have to think of Monsieur Crémeux, dairy bar (also a food truck), Le Petit Coin, a neighborhood grocery store, or even the Cul-Sec wine store, all located on Beaubien Street. Without forgetting the cafeteria-sandwich shop-co-working space, Tricot Principal, in the mile-ex, as well as Pastaga Boutique, located in the food court of the Rockland Center.

After 2 years at the helm of programs The Zeste menus by Martin Juneau and The Tag BBQ on the Zeste channel, Martin co-hosted Meilleur que le chef at Canal Vie, with Dany St-Pierre, as well as produced, developed and animated the Amuse-Bouches web-series with his wife Valérie Roberts.

His cooking career started in 1998 and led him to work at Lumière in Vancouver, at the Auberge de la Charme in Burgundy as well as in the most beautiful tables of Montreal: Le Club des Pins, Les Caprices by Nicolas, La Bastide, and Derrière les Fagots, before opening his first restaurant La Montée de Lait in 2005.

You can follow him on Instagram @martin_juneau and Martin Juneau on Facebook.

About Taste Canada

A champion of Canadian cookbooks, Taste Canada inspires and encourages readers at home and abroad to discover delicious recipes and diverse food stories written from a Canadian perspective. Taste Canada brings together Canadian food and beverage writers, publishers, chefs, restaurateurs, farmers, industry, post-secondary culinary colleges, media and cookbook fans, recognizing that food connects us all.
Taste Canada is a not-for-profit organization and remains sustainable due to the generous support and sponsorship received from industry partners.

Since 1998, Taste Canada has presented awards to the best Canadian food writers. The awards ceremony is going virtual this year, taking place on October 25, 2020. Additional information can be found at tastecanada.org.

Interviews with Karen Baxter, Executive Director, Taste Canada, or any of the authors on our shortlist can be facilitated. Contact Steven Hellmann, Taste Canada Publicist, at info@foodiesonfoot.ca with any requests.

Steven Hellmann, Publicist
Taste Canada Awards
+1 416-826-1997
email us here
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Source: EIN Presswire

Global Sustainable Palm Oil Market Will Reach USD 30,100 Million By 2026: Facts & Factors

Sustainable Palm Oil Market Size

Sustainable Palm Oil Market Size

Global Sustainable Palm Oil market is anticipated to reach USD 30,100 Million by 2026. The anticipated CAGR for the market is around 9% from 2020 to 2026.

NEW YORK, UNITED STATES, June 26, 2020 /EINPresswire.com/ — Facts and Factors have authored “Sustainable Palm Oil Market By Type (Palm Kernel Oil, Crude Palm Oil, and Others), By End-User (Edible Oil, Cosmetics, Surfactants, Bio-diesel, and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. Based on our analysis, the global Sustainable Palm Oil market in 2019 is approximately USD 15,778 Million and is anticipated to reach around USD 30,100 Million by 2026. The anticipated CAGR for the market is around 9% from 2020 to 2026.

Resourceful and cost-effective palm oil is the most extensively used vegetable oil across the globe. However, the increasing use of palm oil has led to deforestation and community conflict in tropical countries with oil palm plantations. Thus, there is a rise in the demand for sustainable palm oil. The high-quality palm oils are used in lipsticks, ice creams, soaps, detergents, food products, cosmetics, and also in biofuel.

Request Free Sample Copy of Research Report @ https://www.fnfresearch.com/sample/global-sustainable-palm-oil-market-by-type-palm

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COVID-19 Impact Analysis, A research report overview, TOC, list of tables and figures, an overview of major market players, and key regions included.

Drivers of the Global Sustainable Palm Oil:

Increasing demand from myriad end-user industries
Palm oil is a versatile product that can be used not only in the foods but also in personal care products and transport fuel. The environment-friendliness of palm oil is anticipated to help propel the global sustainable palm oil market during the forecast period.

Restraints of Global Sustainable Palm Oil:

High costs of sustainable palm oil

The low awareness about the sustainable palm oil’s (SPO) existence is expected to hamper the growth of the sustainable palm oil market. There are businesses that are not aware of the fundamentals of sustainability or SPO.

Enquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/global-sustainable-palm-oil-market-by-type-palm

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Opportunities for Global Sustainable Palm Oil:

Initiatives to promote sustainable palm oil

Emerging economies such as China & India along with Europe have started taking up promising policy initiatives to help surge the global Sustainable Palm Oil market. The increasing market penetration in the top cultivating regions like Indonesia, Malaysia, and Thailand is the primary factor for market expansion.

Market Segment Dominance:

In the type segment, Crude Palm Oil holds the majority of the market share owing to its increasing use in the food industry. Crude oil is also referred to as edible oil. Crude oil accounts for 64% of the shares in the global Sustainable Palm Oil market.

The Edible Oil category is predicted to dominate the global Sustainable Palm Oil market during the forecast period. The increasing use of edible oil in the cooking, household cleaning agents, and cosmetics helps boom the edible oil category.

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Regional Dominance:

Europe is expected to dominate the global Sustainable Palm Oil market owing to regions such as the Netherlands, Germany, Spain, and Italy which import sustainable palm and distribute it in the European market. The European Union had imported 7.2 million tons in 2017 for further use in the food industry and the energy sector. These factors are projected to help bolster the growth of the global Sustainable Palm Oil market.

Some of the key players in the global Sustainable Palm Oil market include New Britain Palm Oil Limited, Sime Darby, Golden Agri-Resources Limited, Astra Agro Lestari, IOI Corporation Berhad, Cargill, and KUALA LUMPUR KEPONG BERHAD, among others.

The global Sustainable Palm Oil market is segmented into:

Global Sustainable Palm Oil Market: By Type

Palm Kernel Oil
Crude Palm Oil
Others

Global Sustainable Palm Oil Market: By End-User

Edible Oil
Cosmetics
Bio-diesel
Surfactants
Others

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Source: EIN Presswire