Global Food Automation Market 2022 Will Reach To USD 11,468.7 Million

The Global Food Automation Market will grow at a CAGR of 7.1% from 2017 to 2022 to reach USD 11,468.7 million by 2022, according to the latest publication from Meticulous Research®. The food automation market is primarily driven by the increasing food safety regulations, rising demand for processed and advanced packaged foods, and increasing technological advancements in the food industry.

                                                                            Business Strategies

Also, the growing demand for automated systems will further fuel the growth of food automation market. However, high capital investments restrict the growth of the market to some extent. Moreover, lack of skilled workforce and training has significantly challenged the adoption of automation in various food sectors in many parts of the globe.

The Report gives an extensive outlook on the multifarious verticals/industries served by the automation systems. These industries include dairy and dairy products, meat, fish, and seafood products; bakery and confectionery, brewery and beverages, and fruits and vegetables industry. The verticals/industry segment further briefly talks about the trends impacting the growth of these markets and the benefits involved with the use of automation systems in these verticals to improve overall productivity and efficiency.

Scope of the Report -

Market by Mode of Operation:

·         Semi-automatic

·         Automatic

Based on the mode of operation, semi-automatic systems accounted for the major share of the global food automation market in 2017, owing to the greater adoption of these systems due to their low complexity and affordability as compared to automated systems, and improved labor productivity.

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Market by Type:

·         Motors and Generators

·         Motor Controls

·         Discrete Controllers and Visualization

·         Rotary and Linear Products

·         Others

Based on product type, motors and generators held the largest share of the market in 2017 and expected to continue their dominance in the global food automation market during the forecast period, owing to their greater adoption due to low operating and maintenance cost, portability, higher life cycle of diesel engines, and least inflammable properties.

Market by Application:

·         Packaging and Repacking

·         Palletizing & Depalletizing

·         Grading & Sorting

·         Pick & Place

·         Processing

·         Others

On the basis of application, packaging and repacking held the largest share in the global food automation market in 2017. This is mainly attributed to their greater adoption due to increasing demand for more varied & advanced packaging and pack counts and retail-ready packaging, costly compliance with hygiene regulations, increasing contamination and mislabeling risks, and growing human errors in the food packaging process.

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Geographically, the food automation market is segmented into North America (U.S. and Canada), Europe (Germany, France, Italy, Spain, U.K., and RoE), Asia Pacific (China, India, Japan, Taiwan, Indonesia, South Korea, Australia, and RoAPAC), Latin America, and Middle East & Africa. Europe commanded the largest share in the global food automation market in 2017, followed by North America and Asia-Pacific.

About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts.

We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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Meticulous Research®

Contact: +1-646-781-8004

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Pune . 411057 India

Algae Product Market 2022 Will Reach To USD 3318.1 Million

The Global Algae Products Market will grow at a CAGR of 6.7% from 2017 to 2022 to reach USD 3,318.1 million by 2022, according to the latest publication from Meticulous Research®. The global algae products market is driven by factors such as growing demand for algae products from the pharmaceutical and nutraceuticals industries, increasing utilization of pigments from microalgae due to strict regulations regarding the use of synthetic colors and flavors, and growing consumer preference to algae sourced products.

Moreover, the emergence of new application areas, growing use of microalgae in aquaculture, and increasing use of algae in biofuel production provides significant opportunities for the various stakeholders in this market.

                                                                  Heavy Joy Stick

Microalgae are the major photosynthesizes on earth and produce important pigments that include chlorophyll a, b and c, β-carotene, astaxanthin, xanthophyll’s, and phycobiliproteins. Presently, synthetic colorants are used in food, cosmetic, nutraceutical, and pharmaceutical industries. So Algal pigments have commercial value as natural colorants in nutraceutical, cosmetics, and pharmaceutical industry, besides their health benefits.

Algae Products Market by Value (Medium Value, High Value, And Low Value), Products (Hydrocolloids, Carotenoids, Omega-3 PUFA, Spirulina, Chlorella, And Others), Application (Food and Feed, Nutraceutical, Cosmetics, Chemicals, And Others)

On the basis of product type, algal hydrocolloid commanded the largest share in the global algae products market in 2016, mainly due to the growing demand from food, pharmaceutical, medicinal, and biotechnological industries due to their distinct physio-chemical properties such as hydrophilicity, biodegradability, biocompatibility, non-toxicity, pleasant taste & odor; and low cost. However, algal omega-3 PUFA is expected to witness a fastest growth during the forecast period, as there are many shortcomings of fish derived omega-3 PUFA, an alternative to algal omega-3 PUFA.

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Scope of the report -

Market by Value -

·         Medium value

·         High value

·         Low value

Market by Product -

·         Hydrocolloids

·         Carotenoids

·         Omega-3 PUFA

·         Spirulina

·         Chlorella

·         Others

Market by Application -

·         Food and Feed

·         Nutraceutical

·         Cosmetics

·         Chemicals

·         Others

Market by Geography -

·         North America

Ø  U.S.

Ø  Canada

·         Europe

Ø  Germany

Ø  France

Ø  U.K.

Ø  Italy

Ø  Spain

Ø  Rest of Europe (RoE)

·         Asia-Pacific (APAC)

Ø  China

Ø  Japan

Ø  India

Ø  Rest of APAC (RoAPAC)

·         Latin America

·         Middle East & Africa

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About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts.

We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

Contact Us:

Viren Shrivastava

Meticulous Research®

Contact: +1-646-781-8004

Office No-402, 4th Floor,

Pushpak Business Hub, Wakad,

Pune . 411057 India

Email: viren@meticulousresearch.com

North America Laboratory Informatics Market Worth USD 1,715 Million By 2024

Research laboratories and organizations across North America are increasingly modernizing their approach and using laboratory informatics solutions for capturing, tracking, managing, and sharing their research and manufacturing data. Moreover, scientific advances in the fields of genomics, proteomics, and personalized medicine exponentially increase the need for efficient data management. Laboratory informatics solutions are helping researchers and scientists seamlessly gather, store, retrieve, monitor, search, share, report and collaborate their work thereby saving time and simplifying work procedures. The North America laboratory informatics market is expected to reach $1,715.0 million by 2024, growing at a CAGR of 6.2% from 2018 to 2024.

North America Laboratory Informatics Market By Product (LIMS, ELN, LES, EDC, ECM, CDMS, SDMS), Component (Services, Software), Delivery (On Premise, Cloud, Web), End User (Pharma, Biotech, MDx, Biobank, CRO, F&B, Oil, Gas, Chemical) – Forecast To 2024

Increasing R&D activities & growing automation drives the market growth -

Increasing R&D activities help in drug discovery and drug development. This in turn, boosts the demand for efficient lab and data management. This is because laboratory informatics solutions allow researchers to capture the experiment process, relevant data, and conclusions that were drawn, while simultaneously facilitating a searchable repository of experimental data that researchers can access for effective collaboration. North American R&D spending in the life sciences industry increased by 4.5% to reach $177.6 billion in 2017 while, the U.S. R&D spending for the life sciences industry increased by 3.5% to reach $74.6 billion in 2017. Moreover, academic research is a strong and essential component of the total R&D environment in the U.S. performing nearly 60% of all the basic research. Life sciences field has the largest application of academic research, comprising more than 56% of all academic R&D funding.

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Laboratory Information Management System (LIMS) to witness the largest demand during the forecast period

LIMS solutions are widely adopted as they meet broad range of scientific needs with their ability to provide a suitable environment that is easy to use across multiple disciplines. Moreover, LIMS help laboratories to reduce manual efforts, labor cost, cost of error, and throughput time; offer paperless information management and effective data analytics; improve data traceability, accessibility, security and sharing; streamline processes; enhance quality management; and provide better control of all business processes and decision support.

On-premise informatics currently dominates the market but web & cloud-based solutions are rapidly gaining traction

On-premise informatics dominates the market as it has been traditionally adopted mode of software delivery, and provides better customization options, total ownership and authority, and security. However, cloud-based informatics segment is expected to witness the highest CAGR during the forecast period owing to factors such as no upfront capital investment for hardware, extreme storage flexibility and scalability, real-time accessibility from anywhere, and pay-as-you-go pricing features.

The U.S. comprise significant market share in the North America laboratory informatics market

The U.S. majorly dominates the North American laboratory informatics market owing to presence of advanced laboratory infrastructure, growing demand for integration of laboratory systems, growing digitalization, rising government funding for research activities, easy availability of laboratory informatics products and services, stringent regulatory requirements across industries, and presence of several key players in this region improving product availability and support services. Improving laboratory infrastructure and automation in the country is changing the workflow of laboratories and is enabling greater penetration of technologies and workflows in research & development labs, food & beverage industries, CROs & CMOs, and various other sectors.

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About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts.

We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

Contact Us:

Viren Shrivastava

Meticulous Research®

Contact: +1-646-781-8004

Office No-402, 4th Floor,

Pushpak Business Hub, Wakad,

Pune . 411057 India

Email: viren@meticulousresearch.com

North American Quality Management In Healthcare Market Worth USD 2.95 Billion By 2024

According to this latest publication from Meticulous Research®, North America quality management in healthcare market is expected to grow at a CAGR of 15.8% from 2018 to reach USD 2.95 billion by 2024, driven by the government initiatives to improve patient outcomes & safety, increasing unstructured data in healthcare, rising geriatric population & burden of chronic diseases, and improving health IT infrastructure. However, data privacy & confidentiality issues, lack of interoperability, and reluctance to migrate from conventional systems is expected to hinder the growth of quality management solutions market to some extent.

North America Quality Management In Healthcare Market By Software (BI, Analytics, Reporting, Performance Improvements), Mode Of Delivery (Cloud, Web, On Premise), Application (Data, Risk Management) & End User (Hospital, Ambulatory Care, Payor) – Forecast To 2024.

Based on the applications, data management dominated the North America quality management in the healthcare market in 2017. Data Processing & Analysis showcase significant adoption and are also expected to witness the highest growth. Factors such as increasing volume of disparate data and the requirement of quality-based reports by regulatory bodies make data management a preferred option for several large healthcare organizations.

Hospitals are the leading adopters of quality management in healthcare and are also expected to witness the fastest CAGR during the forecast period, owing to growing HCIT adoption, increasing focus on quality care and patient safety, significant growth in health care spending and venture capital investments in HCIT, rising medical error rates, increasing healthcare costs, and government mandates to follow quality measures and reporting.

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North America Healthcare Quality Management Market Worth $2.95 Billion by 2024

Quality management in healthcare organizations is considered as a means to better meet the needs and expectation of patients and is one of the most effective strategies for improving the health system performance With increasing complexity of health institutions and system, focus on efficiency and effectiveness, growing pressure on cost-reduction, shifts towards affordable care, government initiatives to improve patient outcomes & safety, rising unstructured data in healthcare, and improving health IT infrastructure, the North America quality management in healthcare market is booming and is expected to grow at a CAGR of 15.8% from 2018 to reach $2.95 billion by 2024.

Rising Focus on Value-Based Care Model is Catching the Attention!

The shift towards value-based care model offers unprecedented opportunities in the U.S. healthcare system. The value-based payment also results in improving the quality and outcome measures. With increasing unsustainable cost, demand for value-based care by stakeholders, government support for new payment approaches, and increase in sophistication of healthcare system are accelerating the shift to value-based care in the country. According to the U.S. Health & Human Services, 30 percent of fee-for-service Medicare payments is converted to value-based payment models by the end of 2016 and is expected to reach by 50 percent of traditional payments to make the transition by 2018.

The major players operating in the North America quality management in healthcare market are McKesson Corporation, Medisolv, Inc., Nuance Communication, Inc., Quantros, Inc., Dimensional Insight, Inc., Dolbey Systems, Inc., Verscend Technologies, Inc., MedeAnalytics, Inc., Citiustech Inc., Conduent, Inc., ArborMetrix, Inc., Altegra Health (Change Healthcare), General Dynamics Health Solutions, Cognizant Technology Solutions Corporation, 3M Company, Truven Health Analytics (IBM Watson Health), and Persivia, among others.

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About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts.

We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

Contact Us:

Viren Shrivastava

Meticulous Research®

Contact: +1-646-781-8004

Office No-402, 4th Floor,

Pushpak Business Hub, Wakad,

Pune . 411057 India

Email: viren@meticulousresearch.com