Tag: products

09
Oct
2020
Posted in technology

Ice Cream Market Will Showcase Positive Impact During 2020-2024 | The Increasing Launch of New Products to Boost the Market Growth

Technavio has been monitoring the ice cream market and it is poised to grow by $ 20.2 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008006069/en/

Technavio has announced its latest market research report titled Global Ice Cream Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fairly fragmented, and the degree of fragmentation will accelerate during the forecast period. Agropur Co-operative, Blue Bell Creameries LP, Dunkin’ Brands Group Inc., Froneri Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Mars Inc., Nestlé SA, New Forest Ice Cream Ltd., Unilever Group, and Wells Enterprises Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing launch of new products has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

08
Oct
2020
Posted in technology

3D Printer Market | Demand for 3D Customized Products to Boost the Market Growth

The global 3D printer market size is poised to grow by USD 14.49 billion during 2020-2024, progressing at a CAGR of over 39% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005345/en/

Technavio has announced its latest market research report titled Global 3D Printer Market 2020-2024 (Graphic: Business Wire)

The increasing demand for 3D customized products will be a significant factor driving the growth of the 3D printing market. The growing trend of customization has resulted in increasing consumer interest in 3D personalized products that are created according to the needs and requirements of the customer. The affordable price of desktop 3D printers is supporting this trend by allowing consumers with high disposable income to design and develop expensive 3D printed products, such as toys and home décor in-house. Several consumers are also availing the services of online vendors to procure customized products. Thus, the growing interest in 3D customized products will fuel the growth of the 3D printer market during the forecast period.

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Report Highlights:

  • The major 3D printer market growth came from Fused deposition modeling (FDM) technology segment. Fused deposition modeling (FDM) technology is user-friendly and uses filaments such as acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA) plastics, which cost much lower than materials used in selective laser sintering (SLS) and stereolithography (SLA) technology. These factors are expected

07
Oct
2020
Posted in technology

House antitrust report: Amazon uses seller data to copy products

  • Amazon uses third-party seller data to copy the site’s most popular products, an antitrust report by the House Judiciary Committee alleged on Wednesday.
  • Former Amazon sellers told an antitrust subcommittee the company released new products almost identical to their own and “killed” their sales.
  • Amazon has denied accusations of this behavior in the past.
  • “We have a policy against using seller-specific data to aid our private-label business,” Amazon CEO Jeff Bezos said in July.
  • Visit Business Insider’s homepage for more stories.

The House Judiciary antitrust subcommittee said it has uncovered evidence that Amazon uses detailed data from third-party sellers to copy popular products and push some sellers out of business — something the tech giant has consistently denied. 

The subcommittee said it had heard “repeated” concerns from both former employees and third-party sellers that Amazon uses seller data to either copy products or source the product directly from the manufacturer. It then sells it direct to consumers, according to the subcommittee’s findings.

“We have heard so many heartbreaking stories of small businesses who sunk significant time and resources into building a business and selling on Amazon, only to have Amazon poach their best-selling items and drive them out of business,” the subcommittee’s chairman David Cicilline said.

The findings formed part of a wide-ranging antitrust report on Big Tech companies, including Amazon, Google, Apple, and Facebook.

One former Amazon employee who spoke to the committee compared access to third-party seller data to a “candy shop.”

“Everyone can have access to anything they want,” they said. Employees even use this data to set up their own successful third-party accounts, the Democratic leaders of the committee wrote in their report on Wednesday. 

Similar accusations have mounted over the past 15 months, but Amazon has adamantly denied using third-party seller data in this way.

06
Oct
2020
Posted in technology

Evrythng raises $10 million to give physical products a trackable digital identity

Evrythng, an internet of things (IoT) platform that seeks to give each physical product its own trackable digital identify, has raised $10 million in a round of funding.

The announcement comes as the pandemic continues to wreak havoc on the global supply chain, with inventories, factories, and transport systems all impacted. Evrythng promises transparency and visibility, turning individual items, pallets, and batches into “data-generating” objects on the web and allowing companies to identify and address issues as they arise.

“COVID has caused breakdowns at various parts of the supply chain — factory closures, raw material supply problems, distribution to supply routes, inventory imbalances, and backups,” Evrythng cofounder and CEO Niall Murphy told VentureBeat. “At the same time, COVID has accelerated ecommerce massively, profoundly changing how brands work with different retail channels. Having real-time visibility [into] what is happening across the supply chain and sales channels enables brands to preempt problems and respond or adapt to changes rapidly.”

Visibility

In addition to giving brands visibility into a product’s path from the manufacturer to retail stores, the underlying technology can offer consumers insights into their product’s journey and even confirm its authenticity — particularly useful when many online marketplaces are awash with fake goods.

Above: Ralph Lauren: QR code

Ralph Lauren uses the Evrythng platform to embed unique QR codes into each of its products at the point of production in factories around the world, giving the company real-time visibility into its supply chain and insights into consumer engagement. By scanning the code, shoppers can see instantly that the product is genuine, and they can also link through to the company’s ecommerce store or contact customer service.

“The scale, depth, and ubiquity of Ralph Lauren’s product digitization strategy are groundbreaking,” Murphy said. “While we can clearly point to specific applications like factory

05
Oct
2020
Posted in technology

Yeast Market will Showcase Positive Impact during 2020-2024|Launch of New F&B Products to Boost the Market Growth

Technavio has been monitoring the yeast market and it is poised to grow by USD 7.06 bn during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005701/en/

Technavio has announced its latest market research report titled Global Yeast Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Mauri Ltd., AngelYeast Co. Ltd., Associated British Foods Plc, Chr. Hansen Holding A/S, Heilongjiang Jiuding Yeast Co. Ltd., Lallemand Inc., Lesaffre & Cie, Oriental Yeast Co. Ltd., Pacific Ethanol Inc., and Pak Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Launch of new F&B products has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report