Day: May 23, 2023

Key companies covered in food service market are McDonald’s (U.S.), Starbucks (U.S.), Yum! Brands, Inc. (U.S.), Darden Restaurants, Inc. (U.S.), Restaurant Brands International Inc. (Canada), The Wendy’s Company (U.S.), Bloomin’ Brands, Inc. (U.S.), Papa John’s International, Inc. (U.S.), Chipotle Mexican Grill, Inc. (U.S.), Domino’s (U.S.) and more players profiled. Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global food service market size crossed USD 2,323.29 billion in 2021 and is projected to rise from USD 2,540.05 billion in 2022 to USD 5,194.60 billion by 2029 at a CAGR of 10.76% during 2022-2029. Growth can be attributed to the rising disposable incomes of consumers, evolving lifestyles of consumers, particularly millennials, and the rising number of cafes, restaurants, and fast-food chains. Growing...

Key companies covered in the Non-alcoholic Beverages Market are Dr. Pepper Snapple Group, Inc. (Texas, U.S.), Monster Beverage Corp (California, U.S.), PepsiCo, Inc. (New York, U.S.), ITO EN Ltd (Tokyo, Japan), The Coca-Cola Company (Georgia, U.S.), Reed’s, Inc. (Norwalk, U.S.), The Kraft Heinz Company (Chicago, U.S.), Appalachian Brewing Co. (Harrisburg, U.S.), Nestle S.A. (Vevey, Switzerland), Arca Continental SAB de CV (Monterrey, Mexico), and more players profiled. Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. As per a recent published report by Fortune Business Insights titled, “Non-alcoholic Beverages Market Size, Share & Industry...

The global skincare industry covered major segments by Product (Creams, Lotions, Powders, Sprays, and Others), by Packaging Type (Tube, Bottle, Jar, and Others),by Gender (Men and Women),by Distribution Channel (Cosmetic Stores, Supermarkets/ Hypermarkets, Online Channels, and Others). Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global skincare industry was valued at USD 98.83 billion in 2020 and is projected to grow from USD 100.13 billion in 2021 to USD 145.82 billion in 2028, exhibiting a CAGR of 5.52% during the forecast period. In recent times, skincare has become one of the important rituals in everyone’s life. This is because these products improve the quality and health of the skin and provide nourishment. Men & women both use it on a daily basis for purposes such as cleansing, moisturizing, and hydrating. Additionally,...

According to Fortune Business Insights, the global centrifugal pump market size is projected to grow from USD 29.24 Billion in 2020 to USD 45.56 Billion in 2028 at CAGR of 5.9% during forecast period. Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global centrifugal pump market size was USD 29.24 billion in 2020 and is projected to grow from USD 30.56 billion in 2021 to USD 45.56 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. Rising commercial and residential infrastructure developments and extensive pump adoption in several applications are expected to boost market development. Fortune Business Insights™ mentions this information in its report titled “Centrifugal Pump Market, 2021-2028.” Centrifugal pumps are utilized to transfer liquids in bulk and provide efficient flow rates. Increasing developments...

The key companies covered in military drone market are Textron Systems (US), BAE Systems (UK), Thales Group (France), AeroVironment, Inc. (US), Elbit Systems Ltd. (Israel), General Atomics Aeronautical Systems, Inc. (US), SAAB Group (Sweden), Boeing (US), Lockheed Martin Corporation (US), Israel Aerospace Industries Ltd. (Israel), And Northrop Grumman Corporation (US), and more players profiled. Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global military drone market had a valuation of USD 10.25 billion in 2021 and is expected to expand from USD 11.73 billion in 2022 to reach USD 30.86 billion by 2029, indicating a compound annual growth rate (CAGR) of 14.82% throughout the forecast period. The military drone market refers to the industry that deals with the production, sale, and deployment of unmanned aerial vehicles (UAVs)...

Key companies covered in liquid fertilizers market are Yara International ASA, Nutrien Ltd, Israel Chemical Ltd, Haifa Chemical Ltd, Grupa Azoty, The Mosaic Company, Sociedad Química y Minera de Chile S.A., K+S Aktiengesellschaft, Plant Food Company Inc, EuroChem Group and many more Pune, India, May 23, 2023 (GLOBE NEWSWIRE) —  The growing adoption of efficient fertilizers and fertilization techniques is expected to bolster the growth of the market, states Fortune Business Insights, in a report, titled “Liquid Fertilizers Market Size, Share & Industry Analysis, and Regional Forecast, 2023-2030.” The surging demand for liquid fertilizers is expected to incite the market’s development during the forecast period. Liquid fertilizers are concentrated nutrient solutions that are applied to plants to provide essential elements...

Cold Chain Logistics Market to Exhibit a Stellar CAGR of 15.1% from 2021-2018 Pune, India., May 23, 2023 (GLOBE NEWSWIRE) — The global cold chain logistics market size is projected to hit USD 647.47 billion by 2028 and exhibit a CAGR of 15.1% during the forecast period. The market size stood at USD 221.85 billion in 2020 and USD 242.39 billion in 2021. The surging need for temperature control to evade food losses and the growing consumer demand for perishable and convenience foods globally are driving the growth of the market. Fortune Business InsightsTM has presented this information in the report titled, “Cold Chain Logistics Market, 2021-2028”.  Cold chain logistics are the services that are designed to provide the perfect temperature-controlled and refrigerated transportation of food products. The solution providers have been...

FAURECIA SIGNED AN AGREEMENT TO TRANSFER TO CUMMINS A PART OF ITS COMMERCIAL VEHICLE BUSINESS IN EUROPE AND IN THE UNITED STATES Following an exclusive negotiations phase, Faurecia, a FORVIA Group company, and Cummins have signed a Share and Asset Purchase Agreement under which Faurecia will sell a part of its commercial vehicle exhaust aftertreatment business in Europe and the US to Cummins for an enterprise value of 142EUR million after final technical adjustments. The agreement transfers two Faurecia manufacturing plants located in Roermond, the Netherlands and Columbus, Indiana, USA and their associated activities to Cummins. It secures the integration of these plants and their employees into Cummins’ worldwide operations, ensuring their long-term viability. This enables Faurecia to focus on its exhaust activities on light vehicle...