- Comunicati pubblicati - PR Newswire Turismo - Comunicati pubblicati - PR Newswire Turismo Wed, 26 Jun 2019 06:09:43 +0200 Zend_Feed_Writer 1.12.20 ( PRN: Outdoor Smokehouse Segment to Dominate Global Smokehouse Market- QYR Consulting Tue, 25 Jun 2019 14:10:16 +0200 PR Newswire Turismo PR Newswire Turismo

Outdoor Smokehouse Segment to Dominate Global Smokehouse Market- QYR Consulting


LOS ANGELES, June 25, 2019 /PRNewswire/ -- A smokehouse or smokery is a place where the curing of fish or meat is done using smoke. It could be commonly referred to as meat house if smoke is not used in the curing process. Finished products may be stored in the same smokehouse, probably for a year or more than a year. There is usually a brick pit made right at the center of the smokehouse's dirt floor to keep fire burning. Sometimes, instead of a brick pit, there could be a broken cast iron pot placed at the same position. Upper portions of a smokehouse are generally blackened with smoke.


The introduction of new smokehouses and barbecue restaurants is expected to increase the interest in the global smokehouse market. Some companies are strategically building smokehouses close to barbecue and grill restaurants to increase sales and attract more customers. In April 2019, Andersen's Smokehouse & Grill saw its business reaching stability only on the second day of its soft opening in New York, US. In the same month, another new restaurant opened in the US. The Sugar Pine Smokehouse specializes in barbeque cuisines including smoked entrée.

Traditionally, a smokehouse was used to smoke meat as well as to store it. The process of heavy salting was used to preserve meat in smokehouses before the introduction of freezers and mains electricity. Extended cold smoking and salt curing were used for about a couple of weeks or longer to preserve food in smokehouses. Thieves and animals were kept away from smokehouses to avoid unwanted access to the food.

The research study offers great intelligence on the competitive level, leading strategies adopted by players, high-growth segments, top regions, production, and revenue of the global smokehouse market.

Report TOC, Figures and Table@

Drivers and Restraints

Important factors such as development of new offerings, product innovation, and the rise of the e-commerce and retail industries are foreseen to augment the demand in the global smokehouse market. The use of smokehouse in both household and commercial applications is expected to set the tone for significant growth of the global market. Use of advanced technology to come up with environment-friendly products is anticipated to help manufacturers attract the much needed attention of consumers. Manufacturers are also predicted to benefit from high customer engagement and involvement generated with the help of media platforms.

Suppliers can establish strong communication with customers with the use of digital and traditional media. Increased purchasing and e-shopping through personal devices and smartphones are expected to work in the favor of the global smokehouse market. However, environmental and regulatory concerns are prognosticated to challenge manufacturers as they operate in the global market.

Market Segmentation

By Type

  • Indoor Smokehouse
  • Outdoor Smokehouse

By Product

  • Charcoal and Wood Smokehouse
  • Electric Smokehouse
  • Gas Smokehouse

Analysts expect outdoor smokehouse to collect a dominant share of the global smokehouse market, among other type segments. The use of fire and charcoal in outdoor smokehouse allows to the food to have a soft texture and a smoky flavor. Among product segments, electric smokehouse is foreseen to attract the largest share of the global market because of its high popularity, cheaper use than gas smokehouse, and both indoor and outdoor use.

Regional Analysis

According to analysts, North America could be the biggest smokehouse market and secure a lion's share in the next few years. The high need to replace old grills in the region is foreseen to help North America to gain growth in the coming years. Almost every family in the region owns a grill, and thus the demand in the North America smokehouse market is predicted to stay consistently high during the forecast period. Moreover, grilling and family outings are common in the region, which could act as another growth driving factor for the North America market.

Asia Pacific is also expected to show strong growth in the global smokehouse market owing to easy land availability and presence of a significant count of skilled laborers available at low cost. On the other hand, heavy presence of regional players meeting the demands of consumers is predicted to benefit the Asia Pacific market.

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Key Players

The research study includes a comprehensive competitive landscape analysis where the recent developments, market growth, market share, production areas, sales, revenue, and other vital factors of leading players are taken into account. It covers prominent manufacturers such as Wolf Steel, Ltd., KitchenAid, Lynx Grills, Viking Range Corporation, R & V Works, Alto-Shaam, Inc., and Town Food Service Equipment Company.

Research Methodology

With in-depth analysis and thorough evaluation of the global smokehouse market, this report brings to light both the qualitative and quantitative elements influencing market growth. Each segment and sub-segment of the global market is deeply assessed using trustworthy and industry-best primary and secondary data sources. Furthermore, the researchers have provided absolute dollar opportunity analysis of all segments to reveal their market potential.

The report includes PESTLE, Porter's Five Forces, and SWOT analyses to give a complete and transparent picture of the current and future growth of the global smokehouse market. With systematic data collection, QY Research begins its process of accurately forecasting the outlook of the global market, which is followed by structured validation of preliminary values. The primary and secondary sources used to prepare the report include interviews with top company executives, popular websites such as Hoovers and Bloomberg, journals, email interactions with industry experts, public financial records, historic market data, and user surveys.

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PRN: HighJump Transforms Supply Chain for Mexico's GAIA Tue, 25 Jun 2019 13:40:33 +0200 PR Newswire Turismo PR Newswire Turismo

HighJump Transforms Supply Chain for Mexico's GAIA


Furniture retailer evolves warehousing and logistics to meet omnichannel demands in Latin America today and beyond

MINNEAPOLIS, June 25, 2019 /PRNewswire/ -- HighJump, a global provider of supply chain solutions, announces its selection by Mexican design furniture omnichannel retailer GAIA. GAIA exemplifies HighJump's growing global footprint and capabilities to meet the unique needs of retailers throughout Latin America with the connected, automated supply chain of the future. 


Consumer expectations for purchasing convenience, delivery speed, choice, and adaptability are rising. To meet these demands, companies in Latin America must capitalize on and enhance omnichannel retail. HighJump makes this possible for GAIA.

"You have to understand the complexity that sales on the Internet entail. It is not only selling. You have to think about all the factors of supply and compliance with the demand for speed and design - the assembly of items according to the wishes and tastes of each client, the date and time of delivery, and the process from the time of purchase through the product's delivery. It's an experience," commented Marina Bertoche, GAIA's Director of Operations.

GAIA is a nationally known brand and early adapter in the omnichannel sale of furniture. The company selected the HighJump Warehouse Management System (WMS) to optimize delivery and streamline workflows amongst its distribution center, stores, and ecommerce orders throughout the country. The HighJump WMS uniquely empowers GAIA with the flexibility and independence to modify the software to meet its unique requirements now and in the future. The result is an ongoing increase in distribution speed and efficiency, evolving sales and maximizing EBITDA.

"HighJump has empowered customers to innovate and succeed with world-class supply chain management solutions for more than 30 years," said David Houser, senior vice president of international sales and operations at HighJump. "Our solutions give retailers the freedom to control their own destinies. GAIA is a great example of this â€�“ turning the challenges of ecommerce for the Latin American supply chain into a competitive differentiator. HighJump will be an ideal solution for years to come â€�“ allowing quick and efficient response to change."

Raffaello Starace, cofounder of GAIA, adds, "GAIA has acquired the most flexible, adaptive and powerful warehouse management system, with the aim of implementing it in all our points of sale and distribution center to achieve visibility, total inventory management and most importantly, the fulfillment of our promise made to our client: live design as you want!"

Local implementation and support is provided by HighJump partner Tsol. Learn more about HighJump's global partner ecosystem here.

HighJump is part of international technology company Körber AG, falling under the umbrella of the Business Unit Software of the Business Area Logistics Systems. The Business Unit Software also includes Aberle Software, DMLogic, inconso, Voiteq, and Cirrus Logistics, providing supply chain and logistics solutions and expertise to more than 5,000 customers worldwide.

GAIA: live the design as you desire.

¡¡We take the best of the Mexican Design to your home!!

About HighJump

Today's consumer has ever-higher expectations for purchasing convenience, delivery speed, choice and adaptability. More options for consumers spell greater complexity for the supply chain. It's no longer enough to fulfill demand â€�“ you must anticipate it, predict it and make smarter, faster decisions.

At HighJump, we're integrating our proven solutions for the warehouse, transportation and logistics ecosystem with emerging technologies â€�“ from around our company and around the world â€�“ to build the supply chain of the future. Leveraging advanced cloud technology, we can help you ride the wave of data to achieve greater efficiency, uncover actionable insights and stay ahead of the curve.

HighJump - Supply Chain of the Future: Learn more -

HighJump is a trademark of HighJump Software Inc., registered in the U.S. and other countries.

Media Contact
Heather K. Smith 
1-800-328-3271 x 2717

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PRN: UPDATE: Waves Breaks into dApps Market Launching Smart Contracts Functionality Tue, 25 Jun 2019 13:40:33 +0200 PR Newswire Turismo PR Newswire Turismo

Waves Breaks into dApps Market Launching Smart Contracts Functionality


A long-awaited new addition has arrived in the smart contracts and dApps segment

ZUG, Switzerland, June 25, 2019 /PRNewswire/ -- Waves Platform, a decentralised blockchain ecosystem for building Web 3.0 solutions, is releasing its purpose-designed programming language RIDE on mainnet â€�“ enabling global developers to create fully-fledged decentralised applications on the Waves blockchain. (PRNewsfoto/Waves Platform)

Innovative solution

Waves claims that its solution has advantages over existing alternatives, including the most popular platforms: Ethereum, EOS and TRON. These advantages include the developer-friendly RIDE programming language, which helps users avoid mistakes in the coding process; lazy evaluation; formal verification; no gas requirements; flat fees for transactions; and better scalability properties.

Alexander Ivanov, Waves founder and CEO, believes that the RIDE release will attract a large number of developers to the platform, both from competing blockchains and from outside the blockchain space.

'DApps are considered to be the future of the decentralised world and a platform that stays ahead in this battle will rise at the top,' he comments. 'We aspire to be at the top because we build original solutions that have never been released before, and take into account the problems of implementations that are already available in the market.'

'For blockchain developers, this means a cheaper and more convenient coding process than ever before, while those from outside the blockchain segment will see the entry threshold substantially lowered and new opportunities arrive,' he adds.

Impact on the segment

Currently, the dApps segment is valued at $3.2 billion, with the total number of users on the top four platforms close to 800,000 â€�“ a 25% increase for the first quarter of 2019. Analysts predict a boom in the dApps segment over the next two to three years.

DApps have the potential to democratise not only storage, trading and betting, but also elections, legislation and other public services and events. Those dApps will be written and launched on existing platforms, whose number runs into a few dozens. However, even the largest and best-known platforms are not yet fully in line with developers' requirements. The launch of Waves' smart contracts is set to step up competition between platforms and foster the segment's expansion.

Waves Platform was founded in 2016 with a team of 10 developers after raising $16 million in investment. The company has 180 employees in Moscow, Amsterdam and Zug currently. There are 664,074 active users (+30% year-on-year for 2019/2018) that provide 100,861 transactions on average daily (according to The total amount of transactions processed by mainnet is over 65 million.

Waves is the technological basis of the Vostok project, which attracted $120 million in investment in December 2018 to develop a private blockchain for the corporate and public sectors.

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PRN: IoT Opportunities in Mexico: Identify Verticals to Invest in by 2022 Tue, 25 Jun 2019 12:57:47 +0200 PR Newswire Turismo PR Newswire Turismo

IoT Opportunities in Mexico: Identify Verticals to Invest in by 2022


Frost & Sullivan Digital Transformation expert leads a webinar on the second largest IoT market in Latin America forecasted to reach $4,000 million by 2022

SANTA CLARA, California, June 25, 2019 /PRNewswire/ -- The Internet of Things (IoT) is at the early stages of its growth in Mexico, with projected revenues of nearly $4,000 million by 2022. IoT offers to connect devices, integrating them into an ecosystem to analyze and secure the data and finally automating processes. When you combine these three steps, IoT becomes critical, as it allows enterprises to be able to move away from "reacting to exceptions" and start "predicting and preventing," also combining IoT with Artificial Intelligence, Augmented Reality or Distributed Computing. Here's when IoT becomes critical, not only because it allows reducing costs but also, and more importantly, because it enables new revenue streams.

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Frost & Sullivan invites you to join our Digital Transformation expert, Ignacio Perrone, for the webinar "How Mexico's Future is Linked to IoT" on June 27 at 1 p.m. EDT. You will gain insight into the current status of the technology and projected market expansion by 2022. Views from end users will also be shared, as well as what Frost & Sullivan understands are the key elements to take into consideration when planning to deploy IoT.

For more information and to register for the webinar, please visit:

"To have success with IoT, you must focus on three things: an idea, execution and money. But first, an idea means a client, not a product. Second, you need a good execution to reach that client. And finally, you need money to fund the project. But money is a less important factor. If you have a good idea and you prove that you can execute, money won't be an issue," said Perrone. 

Key benefits of attending this webinar:

  • Find out emerging trends and the top drivers for IoT investments.
  • Learn which are the key verticals expected to have the highest growth rate by 2022.
  • Discover the critical steps to launch an IoT project in Mexico.

The event will also be recorded and available for on-demand viewing at 

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Press Contact: 

Mariana Fernandez
Corporate Communications
Frost & Sullivan     
+1 (210) 348 1012

PRN: Ontology is to be listed on Zeux -- another step towards bringing crypto to the masses Tue, 25 Jun 2019 12:10:09 +0200 PR Newswire Turismo PR Newswire Turismo

Ontology is to be listed on Zeux -- another step towards bringing crypto to the masses


SINGAPORE, June 25, 2019 /PRNewswire/ -- Ontology will soon be listed to the digital wallet of Zeux, a London-based FinTech company that allows users to convert their cryptocurrency and pay in just one click. Ontology holders will soon be able to use their tokens(ONT) in all stores that accept Apple Pay and Samsung Pay.

Zeux has a vision of bringing crypto to everyday life. It charges no fees for payments, crypto conversion, and transfers. With this partnership, ONT holders will see blockchain become even more a part of the mainstream and they will also be able to explore what else Zeux has to offer-a simpler way to pay, bank and invest in one place-the Zeux app.

The Ontology blockchain connects blockchain and the business world. This means businesses can use the technology Ontology offers smoothly and enjoy all the benefits without extensive knowledge of how it works. Partnerships, like this one with Zeux, bring crypto to the masses-business, governments and all those who run them-by enabling people to use it as part of their everyday purchases.

Commenting on the new partnership, Jun Li, Founder of Ontology, said: "as we strive towards being that trust layer, businesses and governments can participate in the new smart economy, but we also need to think about trust and mass adoption-if blockchain is to be the future. This new accessibility for ONT holders will drive adoption and uptake, something I passionately support".

Frank Zhou, CEO and Founder of Zeux, said: "we're proud to be partnering up with a company with reputable cryptocurrency leaders, relatively long-term presence in the industry and an already established history of success. As Zeux aims to bring crypto to everyday life, Ontology aims to bring forward a blockchain automation of trust. As Jun mentions, to do this we need to think about the masses - and this is where I see our partnership flourishing".

More about Ontology

Ontology is a high-performance public blockchain project&a distributed trust collaboration platform. Ontology blockchain framework supports public blockchain systems and is able to customize public blockchains for applications. Ontology also supports collaboration among chain networks with protocol groups.

More about Zeux

Zeux is currently live in the UK and will be available in Europe and the rest of the world by 2020. Zeux is available to download from the App Store and Play Store.

PRN: Ritardi di pagamento in crescita nelle principali economie del Nord America nella seconda metà del 2019, secondo un sondaggio Atradius Tue, 25 Jun 2019 11:42:16 +0200 PR Newswire Turismo PR Newswire Turismo

Ritardi di pagamento in crescita nelle principali economie del Nord America nella seconda metà del 2019, secondo un sondaggio Atradius


Le controversie sulle politiche commerciali internazionali e la crescita delle insolvenze dovrebbero incidere negativamente sui comportamenti di pagamento tra aziende

ROMA, 25 giugno 2019 /PRNewswire/ -- Il 33% dei fornitori intervistati negli Stati Uniti, il 34% in Canada e il 40% in Messico prevedono un aumento del numero di aziende clienti che rallenteranno le tempistiche di pagamento fino ad oltre 90 giorni dalla scadenza della fattura. Questo, naturalmente, comporterà problemi nella gestione del flusso di cassa e nei tempi medi d'incasso delle fatture.


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Negli Stati Uniti, un maggiore frequenza di ritardi di pagamento interesserà il settore dei metalli (questa l'opinione dell'83% delle aziende intervistate nel settore), quello delle costruzioni (40% degli intervistati) e dell'Information Technology (33%).  Nel settore delle costruzioni canadese, un incremento dei ritardi di pagamento riguarderà 3 aziende su 5 tra quelle attive. In Messico, il 64% dei fornitori intervistati nel settore dei macchinari e il 54% nei settori dei beni di consumo durevoli e nelle costruzioni, prevedono un aumento dei tempi d'incasso delle fatture scadute. Questi sono alcuni dei risultati emersi dall'ultimo Barometro Atradius sui comportamenti di pagamento tra aziende nella regione Americhe.

David Huey, Direttore Regionale di Atradius per gli Stati Uniti, Canada e Messico, ha commentato: "Dopo dieci anni consecutivi di diminuzione delle insolvenze, si prevede per i prossimi mesi un aumento dei ritardi di pagamento in Nord America. Tale fenomeno indica una chiara inversione di tendenza rispetto allo scorso anno. È principalmente dovuto alle politiche commerciali del governo che cambiano in modo regolare, e al rallentamento dell'economia globale. Questi due fattori, oltre a lanciare una nuvola nera sulle previsioni di insolvenza, stanno mettendo a dura prova il commercio globale. Una situazione che espone maggiormente le aziende nordamericane al rischio di mancato pagamento da parte dei loro clienti B2B. Di fatto, la gestione delle inadempienze di pagamento è una delle chiavi della longevità delle aziende. A questo proposito, l'assi! curazione del credito commerciale resta lo strumento più efficace per gestire in modo sicuro il proprio business".

Massimo Mancini, Country manager di Atradius per l'Italia, aggiunge: "L'aumento dei ritardi di pagamento previsto nelle principali economie del Nord America e le criticità relative ai tempi d'incasso delle fatture delle aziende attive in questi Paesi, tra le quali aumenta in modo evidente la percezione del rischio di credito commerciale, fa riflettere sull'importanza di proteggere le attività commerciali dall'insolvenza dei debitori per far crescere il proprio business in sicurezza".

Le aziende intervistate da Atradius, temendo un rallentamento dei tempi di pagamento da parte dei clienti ed un peggioramento delle previsioni economiche, hanno programmato di intensificare le misure di protezione del proprio flusso di cassa. Il 38% degli intervistati in Messico, il 35% negli Stati Uniti e il 30% in Canada hanno intenzione di intensificare la frequenza dei controlli sull'affidabilità creditizia degli acquirenti, prima di offrire condizioni di credito. Il 33% degli intervistati canadesi, il 28% negli Stati Uniti e il 18% in Messico prevedono di aumentare le riserve di cassa per i crediti inesigibili.

Il Barometro di comportamenti di pagamento è un sondaggio annuale condotto da Atradius sulle pratiche di pagamento tra aziende B2B. L'edizione delle Americhe esamina il comportamento dei pagamenti in Brasile, Canada, Messico e Stati Uniti. L'indagine di quest'anno è stata condotta circa sei mesi dopo la conclusione dell'accordo commerciale USMCA.

I risultati dell'indagine sono particolarmente significativi per l'area USMCA poiché oltre la metà delle esportazioni del 56% dei fornitori intervistati nei tre Paesi si trova dentro la regione. E il 18,3% degli intervistati (più del 16,5% di un anno fa) opera solo all'interno della regione. Anche se potrebbe essere ancora presto per trarre conclusioni, l'istituzione dell'USMCA sembra avere buoni effetti sul commercio. Per l'87% dei fornitori intervistati in Messico (in aumento rispetto all'81,5% dello scorso anno) e il 92% in Canada (rispetto al 90% di un anno fa) le esportazioni verso gli Stati Uniti non sono né aumentate né cambiate nel corso dell'ultimo anno. 7 dei 10 fornitori intervistati hanno individuato sia in ragioni economiche che nelle politiche commerciali governative il motivo della rinnovata stabilità.


Atradius è una società di assicurazione del credito a livello globale, attiva anche nel ramo cauzioni e recupero crediti, con una presenza strategica in oltre 50 Paesi. L'assicurazione del credito, cauzioni e recupero crediti offerte da Atradius proteggono le aziende dai rischi di mancato pagamento connessi alla vendita a credito di beni e servizi. Atradius fa parte del Grupo Catalana Occidente (GCO.MC), uno dei maggiori assicuratori in Spagna ed uno dei maggiori assicuratori del credito commerciale a livello mondiale. Maggiori informazioni su

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PRN: New 'Digital Consumer Intelligence' Industry To Evolve Market Research Tue, 25 Jun 2019 11:41:25 +0200 PR Newswire Turismo PR Newswire Turismo

New 'Digital Consumer Intelligence' Industry To Evolve Market Research


Global leader in social intelligence define new market category to bring the voice of the consumer into every decision.

BRIGHTON, England, June 25, 2019 /PRNewswire/ -- Brandwatch, the Digital Consumer Intelligence company, today introduces a new market category that will transform the $40bn market research industry for the digital era and sees the company push beyond its heritage in social listening.

Brandwatch social intelligence. (PRNewsfoto/Brandwatch)

Digital Consumer Intelligence is a new market category where vendors, brands and agencies combine digital, survey, social and first-party data sources with data science and AI. By harnessing modern technologies, Digital Consumer Intelligence enables brands to bring the voice of the consumer into their decision making at speed and scale so that their products, services and business strategies can better compete in the digital era.

With the explosion in the availability of digital data, where consumers can transparently share their experiences in real time, and with the heightened competition from a new generation of Direct-to-Consumer challengers, brands have to move faster than ever before to compete. Established methods for understanding consumer opinions are too wieldy and expensive to cope. Digital Consumer Intelligence directly addresses all of this by helping brands to make sense of and bring structure to this data at scale and as it happens.

This latest move from Brandwatch is the culmination of its recent merger and acquisition strategy. The Brandwatch Consumer Research platform launches in the coming months and will provide a marriage between Crimson Hexagon's AI-driven tech which analyzes unprompted social posts, and Qriously's global reach for real-time, prompted digital survey responses. Together, all these technologies create a 21st century toolkit for market researchers, brand owners and modern marketers.

"Brandwatch exists to help brands and agencies achieve a deeper understanding of consumers. To help them take meaning from the data, make better business decisions and serve their customers more effectively," said Giles Palmer, Founder and CEO of Brandwatch. "Digital Consumer Intelligence is all about enabling our customers to understand consumers across multiple data sources to inform and improve product and service offerings, all while keeping consumer privacy and rights safe."

With a new market to serve, Brandwatch moves forward with a new brand identity that  highlights the sum of all the parts brought together to create the emerging Digital Consumer Intelligence offering.

"We needed a new meaningful identity for everyone to get behind," said Katja Garrood, Chief Design Office at Brandwatch. "A fresh start, in recognition of our merger and integration. It's important to our collective beating heart that we can embrace and move forward with something new. It's definitely about more than just a logo."

For more information about Digital Consumer Intelligence, Brandwatch's growing product offering, its new branding or a demo, contact us at

About Brandwatch

Brandwatch is the world's pioneering Digital Consumer Intelligence company, helping over 2,000 of the planet's most admired brands and agencies including Unilever, Walmart and Dell to make insightful, data-driven business decisions.

The company has made three acquisitions to date: PeerIndex (2013), BuzzSumo (2017) and Qriously (2019) to expand its voice-of-consumer data offering. Additionally, the company merged with Crimson Hexagon (2018) to create the most comprehensive AI-powered social intelligence solution.

Brandwatch has offices around the globe including Brighton, Boston, New York, London, San Francisco, Berlin, Stuttgart, Paris, Sydney, Singapore and Madrid. | @Brandwatch | press office</! u> | contact

Contact: Kellan Terry, 347-382-0668,

Brandwatch moves forward with a new brand identity that highlights the sum of all the parts brought together to create the emerging Digital Consumer Intelligence offering. (PRNewsFoto/Brandwatch)

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PRN: Visiongain Publishes Global Aircraft Flight Control System Market Report 2019-2029 Report Tue, 25 Jun 2019 11:41:17 +0200 PR Newswire Turismo PR Newswire Turismo

Visiongain Publishes Global Aircraft Flight Control System Market Report 2019-2029 Report


LONDON, June 25, 2019 /PRNewswire/ -- Analysis by Aircraft Type (Commercial, Military, General Aviation), Component (Digital Fly By Wire Controls, Flight Control Computers, Aircraft Actuators, Others), Technology (Fly by Wire, Hydromechanical, Power by Wire, Digital Fly by Wire), End User (Linefit, Retrofit), Company and Country Analysis and Forecasts

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• Aircraft flight control systems (FCS) is an integration of electromechanical and automation skills consisting of primary and secondary flight control systems.
• The main purpose of an aircraft flight control system is to assist the pilot to have an exceptional control over the flight, along with precise maneuverability.
• These systems used to control the forces of flight and the aircraft's direction and attitude. It consist of cockpit controls, sensors, actuators (hydraulic, mechanical or electrical) and computers.
• The aircraft flight control system are used for commercial, military, general aviation aircrafts and are based on fly by wire, hydro-mechanical, power by wire, and digital fly by wire technologies.
• Furthermore, the increasing demand from linefit and retrofit end users has increased the demand of the aircraft flight control system market.

Market Overview and Trends
• Emergence of new aircraft manufacturers in Asia Pacific and Latin America has driven the aircraft flight control system market size in these regions.
• Development of low-cost aircraft flight control systems for general aviation is estimated to fuel the global aircraft flight control system market in upcoming years.
• The emergence of fly by light technology will further propel the industry growth during the forecast period.
• Furthermore, continuous R&D activities to reduce the weight of flight control systems and increase in demand for lightweight flight control systems are expected to boost the market growth.

Download samples here: 

Market Dynamics:

Factors Influencing the Market Growth:
• The increasing production rates of the fuel-efficient aircraft to support increasing passenger traffic that led to growth of air travelling
• The use of unmanned aerial systems and demand for fighter aircraft in military applications has driven the aircraft flight control system market size
• Additionally, the increased demand for lightweight flight control systems has supplemented the market growth.

Factors Restraining the Market Growth:
• The higher cost of manufacturing and integration of flight control system on aircraft restrain the aircraft flight control system market share
• The limited lifespan of flight control system is likely to hinder the aircraft flight control system size.

To find out more about this report please contact Sara Peerun at or refer to our website:

Market Segmentation 2019-2029:
The aircraft flight control system market is segmented on the aircraft type, component, technology, end user, and geography.

Aircraft Type
• Commercial Market, 2019-2029
• Military Market, 2019-2029
• General Aviation Market, 2019-2029

• Cockpit Controls Market, 2019-2029
• Flight Control Computers Market, 2019-2029
• Aircraft Actuators Market, 2019-2029
• Others Market, 2019-2029

• Fly By Wire Market, 2019-2029
• Hydromechanical Market, 2019-2029
• Power By Wire Market, 2019-2029
• Digital Fly By Wire Market, 2019-2029

End User
• Linefit Market, 2019-2029
• Retrofit Market, 2019-2029

Geographic Breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• LAMEA Market, 2019-2029

Competitive Analysis:
• Research and development is the primary strategy adopted by the key players in the aircraft flight control system market.
• These companies has developed various strategies and developments such as product launch, partnerships, mergers & acquisitions, joint venture, and collaborations.
• Bell Helicopter, a Textron Inc. company entered into partnership with Thales Group for flight control system for urban air taxi. Bell to provide its vertical take-off and landing (VTOL) aircraft and on-demand mobility (ODM) solutions Thales Group

Did you know that we also offer a report add-on service? Email to discuss any customized research needs you may have.

Companies covered in the report include:

BAE Systems
GE Aviation
General Atomics
Honeywell International Inc.
Lockheed Martin
Mecaer Aviation Group
Moog, Inc.
Nabtesco Corporation
Parker Hannifin
Rockwell Collins, Inc.
Saab AB
Safran Electronics & Defense
Shimadzu Corporation
Sitec Aerospace GmbH
Thales Group
United Technologies
Weststar Aviation Services

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PRN: Payment Delays in North America's Biggest Economies Expected to Surge in H2 2019, Atradius Survey Reveals Tue, 25 Jun 2019 11:40:58 +0200 PR Newswire Turismo PR Newswire Turismo

Payment Delays in North America's Biggest Economies Expected to Surge in H2 2019, Atradius Survey Reveals


International trade policies/disputes and a rise in insolvencies expected to negatively impact B2B payment behaviour

BALTIMORE, June 25, 2019 /PRNewswire/ -- 33% of suppliers interviewed in the USA, 34% in Canada and 40% in Mexico expect an increase in the number of customers who delay payment more than 90 days and with it problems managing cash flow and DSO. In the USA, 83% of respondents in the metals sector, 40% in the construction sector and 33% in the ICT/electronics sector anticipate this deterioration in payment behaviour. In Canada, this is the case for 3 in 5 respondents in the construction industry. In Mexico, 64% of suppliers interviewed in the machines sector and 54% in both the consumer durables and construction sectors anticipate an increase in the time it takes to collect overdue B2B receivables. These are among t! he findin gs of the latest Atradius Payment Practices Barometer.

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David Huey, Atradius Regional Director for the U.S., Canada and Mexico commented: "After ten consecutive years of decreasing insolvencies, payment delays in North America are expected to increase over the coming months. This is a clear reversal from last year. It is chiefly due to the regularly changing government trade policies and slowdown of the global economy. In addition to casting a dark cloud over the insolvency outlook, they are putting a heavy strain on global trade. This exposes North American businesses more to the risk of payment defaults from B2B customers. Effectively! managing payment defaults is one of the keys to business longevity. In this regard, credit insurance remains the most effective tool for securely building a business." 

With more customers expected to take longer to pay and a worsening economic outlook, Atradius survey respondents are also planning to do more to protect their cash flow. 38% of respondents in Mexico, 35% in the U.S. and 30% in Canada plan on more frequently checking their buyers' creditworthiness before offering credit terms. 33% of Canadian respondents, 28% in the U.S. and 18% in Mexico plan to increase their bad debts reserves.

The Atradius Payment Practices Barometer is an annual survey of B2B payment practices conducted by Atradius N.V. The Americas edition examines payment behaviour in Brazil, Canada, Mexico and the USA. This year's survey was conducted approximately six months after the conclusion of the USMCA trade deal.

Survey results are particularly telling for USMCA countries as more than half of the exports of 56% of the suppliers interviewed in the three countries are within the USMCA region. And 18.3% of respondents (up from 16.5% one year ago) trade only within the region. While it may still be early to draw conclusions, USMCA appears to be good for trade. For 87% of the suppliers interviewed in Mexico (up from 81.5% last year) and 92% in Canada (up from 90% one year ago) exports to the USA have either increased or not changed over the past year. 7 of 10 suppliers interviewed pointed to both economic reasons and government trade policies for the renewed stability. 

About Atradius

Atradius is a global provider of credit insurance, bond and surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of Grupo Catalana Occidente (GCO.MC), one of the largest insurers in Spain and one of the largest credit insurers in the world. You can find more information online at

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Christine Gerryn
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PRN: Scalefusion Introduces Remote Cast for iOS to Simplify Device Troubleshooting Tue, 25 Jun 2019 11:40:39 +0200 PR Newswire Turismo PR Newswire Turismo

Scalefusion Introduces Remote Cast for iOS to Simplify Device Troubleshooting


PUNE, India, June 25, 2019 /PRNewswire/ -- ProMobi Technologies today announced that Scalefusion, it's Enterprise Mobility Management solution, now provides 'Remote Cast' feature for iOS devices.


The Remote Cast for iOS aims to simplify and streamline iOS device management by accelerating issue resolution in real time. It allows the iOS device users to easily mirror or cast their screen with the IT admin who can then view the device screen on the Scalefusion dashboard. This will enable the IT admin to gain a clear understanding of the device issues and provide accurate resolution to the device users, remotely. The Remote Cast feature is available for iOS 11 and above.

Apart from allowing the device users to remotely cast the active device screen on the IT admin's dashboard for easy, precise and real-time issue resolution, it also allows the IT admin to take screenshots of the shared device screen and/or record the ongoing remote cast session for future reference and issue analysis.

The Remote Cast feature is integrated with the ITSM tool that is used by the IT admin to create tickets from the Scalefusion dashboard. This tremendously quickens the entire troubleshooting process with the help of screenshots and recording of the cast session.

On being asked about the reason behind the introduction of Remote Cast for iOS, Mr. Chetan Sawant, Director of Mobile, said, "Often, the device users fail to accurately mention the exact device issues or concerns they face on the field, and this leads to a longer communication loop between the device user and the IT admin, wherein the later might fail to provide the right resolution at the right time. This entire collaboration gap leads to longer device downtime, system errors and production delays. Remote Cast for iOS devices will be a downright solution for the IT admin to give real-time and precise resolution, and for the end users who won't be slowed down due to device issues."

For more information about Scalefusion Remote Cast for iOS devices or to request an evaluation, please visit:

About Scalefusion:

ProMobi Technologies provides a leading Enterprise Mobility Management Solution under the brand Scalefusion. Scalefusion EMM allows organizations to secure and manage endpoints including smartphones, tablets, laptops, rugged devices, mPOS, and digital signages, along with apps and content. It supports the management of Android, iOS, macOS and Windows 10 devices and ensures streamlined device management operations with Scalefusion InterOps.

More than 4500 companies across the world are unlocking their true potential using Scalefusion, which is used across various industries such as Transportation & Logistics, Retail, Education, Healthcare, Manufacturing, Construction & Real Estate, Hospitality, Software & Telecom, Financial Services & others.

For more information, please visit

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PRN: PKFARE Team Won the Best Usage of Iberia NDC API at IATA Hackathon Tue, 25 Jun 2019 11:30:12 +0200 PR Newswire Turismo PR Newswire Turismo

PKFARE Team Won the Best Usage of Iberia NDC API at IATA Hackathon


MADRID, June 25, 2019 /PRNewswire/ -- PKFARE has won the "Best Usage of Iberia NDC API" at the IATA Air Industry Retailing Hackathon on June 24th, in Madrid, Spain.

PKFARE Team Won the Best Usage of Iberia NDC API at IATA Hackathon

IATA Hackathon is intended to encourage fresh, innovative solutions to enhance airline retailing through the use of NDC (New Distribution Capability) APIs. The hackathon comprises with ideation phase preparation, a non-stop coding session and an idea pitch to a jury panel of industry experts and mentors.

Within 28 hours, a 3-staff team from PKFARE, as the only short-listed travel tech team from China, has developed innovative features to fully read and display Iberia's branded fares, and offer exhaustive content and various ancillaries services such as lounges, Wi-Fi, extra luggage information, as well as the handicap assistance options including wheel-chairs, guide-dogs and more, while providing an enjoyable user experience.

"It may be the first time that a travel tech company from China gained this kind of recognition for NDC implementation." Jason Sui, Senior Vice President and Co-founder of PKFARE said, "How to provide centralized and personalized offerings, is the key issue we target. By aggregating various travel related contents and accumulating shopping data through AI and cloud calculation, airlines are able to better model and personalize their products by connecting with PKFARE."

With NDC content from NDC pilot carriers such as American Airlines, Emirates and Finnair, PKFARE has become one of the biggest NDC aggregator in China. Claiming to be the most advanced and easy-adopted NDC access for partners, PKFARE will further develop the value of NDC via smart connection and solutions for world-wide travel industry players and help build up the industry eco-system.


PKFARE is a global travel content hub, a leader in sourcing, aggregating and providing information on airline tickets, hotel and accommodations, ground transportation, activities, cruises and ferries, and car rentals. Through its global sales and distribution network covering 100+ countries and areas, travel contents from more than 600 airlines and 800,000 hotels, PKFARE has been serving global travel trade players since 2014. Empowered by innovative technology, seamless multilingual customer service and multi-currency payment model, PKFARE has won renowned industry awards and client satisfaction for successfully help increasing revenue and lowering global travel trade risk and cost. With a vision to fulfill everyone's travel needs, PKFARE aims to create the smartest solution to simplify each travelers' journey. Find out more at

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PRN: CBD Retail Boom Expands With The Kroger Co. Tue, 25 Jun 2019 11:25:10 +0200 PR Newswire Turismo PR Newswire Turismo

CBD Retail Boom Expands With The Kroger Co. News Commentary


PALM BEACH, Florida, June 25, 2019 /PRNewswire/ -- CBD just got another major shot in the arm. Just days ago, Kroger announced it would sell CBD products in nearly 1,000 stores. While it won't sell CBD-infused groceries yet, it will carry CBD topical products, including creams, balms and oils in 945 stores across 17 states. The company joins a growing list of other retailers that are just now jumping on the bandwagon. Simon Property Group partnered with Green Growth Brands. CVS will now carry CBD products across the U.S. The Vitamin Shoppe announced it will sell CBD products. Abercrombie & Fitch just partnered with Green Growth Brands to sell CBD body care products. In addition, analysts at Jefferies estimate the CBD beauty market will reach $25 billion over the next 10 years. That's opening a wide range of opportunity for companies including The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF), CV Sciences Inc. (OTCQB:CVSI), Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB), CannTrust Holdings Inc. (NYSE:CTST)(TSX:TRST), and Canopy Rivers Inc. (TSX-V:RIV)(OTCPK:CNPOF). 

The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWS: The Yield Growth Corp. just announced the following products containing hemp and other botanicals have completed stability and preservative challenge tests at a laboratory in British Columbia: eye cream, deodorant, Micellar Water Facial Cleanser in a bottle, Micellar Water Facial Cleanser in a jar with cotton pads, Roll on Facial Oil for All Skin Types, Roll on Facial Oil for Oily Skin, Face Mask for All Skin Types, Face Mask for Oily Skin, and Face Mask for Dry Skin. Yield Growth is currently in the market with hemp-based skin care products through Urban Juve and has plans to launch several CBD brands in California within the next 4 months. Additional tests will be completed on products with CBD in Californ ia. The company also has THC topical products approved for sale on Oregon.

"I am pleased with the accomplishments of our talented product development team that will enable us to launch full lines of CBD products in the US for first mover advantage," says Penny Green, Yield Growth CEO. "Our catalogue of high quality, unique formulas for CBD infusion supports our launch of new products for our CBD brands and also allows us to build additional revenues and assets through our licensing strategy. As this industry grows to $25 billion, we intend to be a dominant player." For more information on BOSS, please visit:

Other cannabis-related developments from around the markets include:

CV Sciences Inc. (OTCQB:CVSI) just announced further expansion of its industry-dominating Plus CBD Oil brand with The Kroger Co. The Company's expanded retail distribution includes the launch of CV Sciences' new PlusCBD OilRoll-Ons in 945 Kroger stores across many of its retail banners, including Kroger, Dillons, Fry's, Fred Meyer, King Sooper, Mariano's, Pick 'n Save, QFC and Smiths locations in 17 U.S. states. As discussed on the Company's first quarter 2019 earnings call on May 8, 2019, CV Sciences' recent distribution gains include availability of PlusCBD Oil Extra Strength Balm in an initial launch at CVS Pharmacy stores. With the addition of 945 Kroger locations and new distribution into other leading Food, Drug and! Mass (FD M) retailers, as of June 12, 2019, PlusCBD Oil branded products are available in 4,591 retail stores, up from 3,308 retail stores as of March 31, 2019, an increase of 38.7% over the prior two months. 

"We are delighted to partner with Kroger and launch our new Roll-On topical as we continue our rapid expansion into the FDM channel," said Joseph Dowling, CEO. "Kroger, CVS Pharmacy, and other leading national retailers are keenly aware of the increased consumer demand for hemp-based CBD products and they are partnering with CV Sciences because of our unwavering commitment to safety and quality. We are at the beginning of what we believe will be broad acceptance of CBD products across national FDM accounts and we look forward to our continued growth as we expand store count and SKUs with our retail partners."

Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB) announced its plans for the highly-anticipated expansion of the consumer cannabis market into vapes, concentrates, and edibles. The Company is also preparing to launch a national public awareness campaign this fall, educating consumers, provinces and retailers about the safe usage and consumption of these new derivative products. Through a combination of new and enhanced facilities, Aurora intends to produce new, high-quality products across the country in a variety of product categories. Aurora recently entered into a supply agreement with PAX Labs Inc., a leading consumer technology brand in cannabis. With the PAX partnership, the Company will have the market leading PAX Era device to compete in the Closed Loop category and will also launch a new range of vape products, at various price points, targeted to all major consumer markets throu! gh both 5 10 thread cartridges and disposable single-use units. 

"Aurora is the world's leading producer of high-quality cannabis and we're ready to introduce high-value product additions to this improved, federally legal market," said the Company's CEO Terry Booth. "From the beginning, we've invested in industry-leading production and distribution technology, and in consumer research to drive products to market that consumers will desire. These things, together with the dynamic partnerships we've entered into on the accessory and technology fronts, position us well for this new market launch in December as per Health Canada's recent regulatory amendments."

CannTrust Holdings Inc. (NYSE:CTST)(TSX:TRST) announced that it is establishing operations in the United States starting in the State of California. CannTrust has signed a non-binding letter of intent that will provide access to over 3,000 acres of farmland for hemp production with Elk Grove Farming Company, LLC, a diversified farming company with operations in the State of California, to secure low-cost hemp with high cannabidiol content. CannTrust and Elk Grove will each have 50% ownership of a new entity. The opportunity in the U.S. for CannTrust is to become a trusted supplier of consistent, standardized and high-quality hemp-derived CBD formulations at scale. The Company believes there will be increasing demand for hemp! -derived CBD formulations from international retailers and product manufacturers, and those organizations require expertise in genetics and value-add processing to ensure products are desirable and meet the highest safety standards.

Canopy Rivers Inc. (TSX-V:RIV)(OTCPK:CNPOF) just announced an investment and strategic collaboration between Canopy Rivers and ZeaKal, a California-based plant science innovator with proprietary technologies that sustainably increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops. The investment from Canopy Rivers marks another significant corporate milestone this calendar year for ZeaKal, following the February announcement of its R&D collaboration with Corteva Agriscience (NYSE: CTVA), the recently spun-out and NYSE-listed agricultural science division of DowDuPont. ZeaKal's proprietary technology, PhotoSeed, increases a plant's intrinsic photosynthetic capacity, meaning that PhotoSeed™ p! lants can convert more sunlight and carbon dioxide into energy for growth. This results in substantial improvement in seed and grain yield, as well as improved macronutrient profiles that drive an increase in both oil and protein content. For farmers, this means better productivity and profit margins; for consumers, this means higher nutritional profiles and an environmentally friendly way to meet growing global demand. With multi-year field trials across diverse plant species in the United States, Canada and New Zealand, the initial commercial focus has been on major row crops. Following Canopy Rivers' investment, ZeaKal intends to expand its program to include cannabis and hemp.

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates and, is a third- party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level ! of invest ing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM expects to be compensated twenty-five hundred dollars for news coverage of the current press release issued by The Yield Growth Corp. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks iden! tified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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PRN: Asia Pacific Region to Capture Largest Share of Global Kenaf Seed oil Market- QYR Consulting Tue, 25 Jun 2019 11:10:45 +0200 PR Newswire Turismo PR Newswire Turismo

Asia Pacific Region to Capture Largest Share of Global Kenaf Seed oil Market- QYR Consulting


LOS ANGELES, June 25, 2019 /PRNewswire/ -- Kenaf seed oil is a vegetable oil, which is also used for the production of biofuel, cosmetics, and industrial lubricants. It contains omega fatty acids in high amount, with a good percentage of linoleic acid. The global Kenaf seed oil market will grow at a significant rate due to increasing demand for Kenaf fiber in wide range of industries. The market is also expected to benefit from the growing awareness of the potential benefits of Kenaf seed oil in the market.

QY Research

The report provides an in-depth analysis of the Kenaf seed oil in its latest research report. It provides an overview of the top players in the market, giving the readers an unbiased outlook of the competitive landscape. The report also offers a key business strategies that the players are likely to use to optimize the trends and opportunities present in the global kenaf seed oil market over the forecast period.

Global Kenaf Seed Oil Market: Drivers and Restraints

The kenaf seed oil is gaining attention as its use as biodiesel acquires popularity. Furthermore, growing applications of Kenaf oil in various end-use industries, such as automotive and industrial has also boosted the market. Rising worries about the environmental conditions due to usage of conventional fuels combined with the several government initiatives for the R&D of biofuels are expected to propel the growth of the market in the near future. The healthcare industry is also looking at Kenaf oil with seriousness as its high phenolic content is known to benefit cancer treatments.

Report TOC, Figures and Table@

However, the shortage of optimized refining process to maintain the concentration of bioactive compounds in the bio-oil and the increasing prices of kenaf seeds due to its erratic production creates a negative impact on the growth of the global kenaf seed oil market.

Global Kenaf Seed Oil Market: Forecast by Segments

The global kenaf seed oil market is segmented on the basis of nature and end-use.

By Nature

  • Conventional
  • Organic   

By End-Use

  • Biofuel
  • Cosmetics & Personal Care
  • Nutraceutical
  • Paints & Lubricants
  • Functional Food

Asia Pacific is expected to grab the largest market share due to the easy availability of the raw materials for the production of kenaf seed oil. India is also likely to lead the global kenaf seed oil market because of the government support for the production and development of a kenaf seeds, boosting the regional market.

Global Kenaf Seed Oil Market: Key Players

Some of the leading companies operating in the global kenaf seed oil market are Hemp Inc., Parchem Fine & Specialty Chemicals Inc., Shree Laxminaryan Oils, Kenaf Development Association of Nigeria, Pepagora, Chempro Technovation Pvt. Ltd., Gincoc Limited, Advanced Biofuel Center, Thar Process, Inc., The Department of Agriculture and Fisheries, and National Kenaf and Tobacco Board.

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Global Kenaf Seed Oil Market: Competitive Landscape

One of the major players, Hemp Inc., is a leading player in the global kenaf seed oil market due to its increasing demand for kenaf seeds. HQGE has signed an agreement with Hemp Inc. to help in distribution and the production of high quality organically CBD products. Companies are adopting the strategy of mergers and acquisitions to increase the size of the firm and its market power.

Global Kenaf Seed Oil Market: Research Methodology

The global kenaf seed oil market report is exhaustive analysis of the market. Researchers have used precision-driven research methodologies to compile a coherent and an unbiased report. The report consists of a two-step research methodology, which includes secondary and primary research. These researchers have obtained key industry insights of the market through extensive research. The team of analysts has conducted interviews of industry experts from kenaf seed oil market to authenticate the collected information. Secondary sources mainly include the paid data bases, trade journals, company's press releases, and the company's balance sheet. The analysts have triangulated the research for an accurate evaluation of the segments in the market.

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PRN: Kitchen Faucets Market to Value US$ 9,611.6 Mn at CAGR of 6.3% by 2025 | Exclusive Report by Fortune Business Insights Tue, 25 Jun 2019 11:10:39 +0200 PR Newswire Turismo PR Newswire Turismo

Kitchen Faucets Market to Value US$ 9,611.6 Mn at CAGR of 6.3% by 2025 | Exclusive Report by Fortune Business Insights


Key Companies Covered in the Kitchen Faucets Market Research Report are Lixil Group Corporation, Hansgrohe Group, Masco Corporation, Fortune Brands, Spectrum Bands, TOTO, Roca Sanitario, S.A., Jaquar Group, among others

PUNE, India, June 25, 2019 /PRNewswire/ -- Over the past few years, the plumbing business is flourishing, which is encouraging growth in the global Kitchen Faucets Market. This information was published in a report, titled "Kitchen Faucets Market Size, Share and Global Trend by Product (Pull-Down Faucet, Pull-Out Faucet, Hands-Free, Bar Faucets, Pot Filters, Faucet with side Spray), By Installation Type (Deck Mount, Wall Mount), By Material (Chrome, Stainless Steel, Bronze, Plastic), By Number of Faucet Holes (One, Two, Three, Four) and By Geography Forecast till 2025." Several traditional kitchen faucet manufacturers are planning to develop advanced faucets to fulfil their customer requirements. This will further attract new customers with the rising demand for modern ki! tchens ac ross the world.


Rapid Expansion of Residential Sector Boosts the Market in North America

North America is anticipated to maintain its dominance in the global Kitchen Faucets Market throughout the forecast years. In 2017, the market in the region was worth US$ 2011.6 Mn. The rapidly expanding residential sector in this region is the foremost factor enabling growth in the market. With the help of advanced technology, the adoption of new kitchen faucets is increasing with an aim to enhance the design and look of kitchens. This is further expected to stimulate the growth of the market and increase the demand for faucet taps in the forthcoming years.

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Apart from North America, Asia Pacific is also expected to register strong demand for kitchen faucets in the forecast years. Moreover, the region was valued at US$ 1440.5 Mn in the year 2017. Change in the standard of living and rising per capita income are seeing a shift in the buying pattern of customers., which is likely to create attractive growth opportunities in the market. In addition to this, growing urbanization in countries such as Japan, India, China, and Singapore are likely to uplift the market's growth by 2025. The market in Asia Pacific is expected to experience a CAGR of 7.5% during the forecast period.

Growing Demand for Technologically Developed Hands-free Faucets Bodes Well for the Market

The rising demand for sophisticated, convenient, and environmental-friendly faucets is augmenting demand for kitchen faucets. "Companies are increasingly focusing on improvements in the plumbing industry and setting new standards in electronic water fixtures," said a lead analyst at Fortune Business Insights. This, as a result, will give rise to innovative and advanced kitchen faucets over the next few years.

Among different types of kitchen faucet products which include Pull-Out Faucet, Pull-Down Faucet, Bar Faucets, Hands-free Faucet, and Pot Filters, the demand for hands-free faucets is expected to fuel by 2025. The adoption of sensor-enabled hands-free faucets is likely to increase in the forthcoming years as they have the ability to save water and extended battery life.

Rapid digitization in kitchen faucets has caught the attention of several users. Introduction of touchscreen kitchen faucets is expected to bode well for the market. The added advantages of hands-free faucets such as cost-effectiveness and energy savers are contributing to the growth of the market.

Koehler's Cloud-based Konnect Platform Sets New Standards in the Faucets Industry

Jaquar Group, Lixil Group Corporation, Masco Corporation, Hansgrohe Group, Spectrum Bands, Fortune Brands, Roca Sanitario, S.A., and TOTO are some of the leading players operating in the global Kitchen Faucets Market. Several large and small scale players are planning to set up manufacturing units in order to upgrade their production processes. In addition to this, manufacturers are trying to target the urban population by introducing premium kitchen faucets products such as faucet taps in the market. In 2018, Koehler announced the introduction of Koehler Konnect Platform. This platform is based on Microsoft's Azure platform enabled with the internet of things (IoT) cloud solutions. Koehler's products consist of Sensate faucet which operates on voice commands or touch-screen interactions. This platform allows a user to monitor water usage and track its consumption on a daily basis. Other companies are also working on to develop new kitchen faucets to survive the competiti! on.

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Key Companies Covered in The Report

  • Lixil Group Corporation
  • Hansgrohe Group
  • Masco Corporation
  • Fortune Brands
  • Spectrum Bands
  • TOTO
  • Roca Sanitario, S.A.
  • Jaquar Group

Browse Complete Report Details Enabled with Complete Tables and Figures:

Table of Content:

  • Market Dynamics
    • Drivers, Restraints and Opportunities
  • Key Insights
    • Macro and Micro Economic Factors
    • Key Technological Trends and Developments
    • Price Trend Analysis
  • Global Kitchen Faucets Market Analysis, Insights and Forecast, 2014-2025
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts â€�“ By Type (US$ Mn)
      • Pull-Down Faucet
      • Pull-Out Faucet
      • Hands-Free
      • Bar Faucets
      • Pot Filters
      • Faucet with side Spray
      • Others
    • Market Sizing Estimations and Forecasts â€�“ By Installation Type (US$ Mn)
      • Deck Mount
      • Wall Mount
    • Market Sizing Estimations and Forecasts â€�“ By Material Type (US$ Mn)
      • Chrome
      • Stainless Steel
      • Bronze
      • Plastic
      • Othe rs
    • Market Sizing Estimations and Forecasts â€�“ By Faucet Holes (US$ Mn)
      • One
      • Two
      • Three
      • Four
    • Market Analysis, Insights and Forecast â€�“ By Geography (US$ Mn)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • Latin America

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PRN: Diebold Nixdorf Unveils Next-Generation Banking Solutions Built For The Transforming Financial Services Industry Tue, 25 Jun 2019 11:07:01 +0200 PR Newswire Turismo PR Newswire Turismo

Diebold Nixdorf Unveils Next-Generation Banking Solutions Built For The Transforming Financial Services Industry


BNL Gruppo BNP Paribas among those piloting the new DN Series™ self-service technology

NORTH CANTON, Ohio, June 25, 2019 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, today unveiled the DN Series™, a family of self-service solutions designed to anticipate the needs of a progressively transforming industry.

DN Series

Leading global banking brands, including BNL Gruppo BNP Paribas, are among the 18 financial institutions in 13 countries already piloting the DN Series. This holistic, digitally-connected line of ATM solutions is built upon a software and services-driven model and provides a modern and personalized experience for consumers, while delivering maximum efficiency and simplicity for financial institutions.

A recent study from industry research firm RBR shows the durability of the ATM channel in an increasingly diverse payments environment. "The self-service channel continues to play a crucial role in financial institutions' long-term strategies," said Dominic Hirsch, managing director, RBR. "With 96 billion cash withdrawals made at ATMs last year at a value of $13 trillion, our data indicates that ATMs will remain a vital banking channel for the foreseeable future."

The DN Series further extends Diebold Nixdorf's position as market leader by enabling multiple capabilities that benefit consumers and support financial institutions' efforts to transform their branch environment:

  • Powered by DN AllConnect ServicesSM, the DN Series provides seamless connectivity by leveraging IoT technology with big data and machine learning to drive improved availability and performance.
  • Integrating the DN Vynamic™ software suite, the DN Series can interface with mobile devices and perform modular field upgrades to more digital-native features, such as NFC and biometrics, setting it apart from competitors. This is especially relevant as th! e ATM cha nnel has become one of the most heavily used digital channels.
  • The DN Series offers the most reliable cash and media engines with the highest note capacity and smallest footprint in the industry, enabling unmatched cash management capabilities driven by Diebold Nixdorf's proprietary recycling technology.
  • Introducing advanced design and software, the DN Series improves security through premium anti-skimming options, encrypted communication protocols and rapid response services â€�“ helping ensure that people, data, assets and brands are protected.

At its core, the DN Series represents Diebold Nixdorf's comprehensive transformation strategy, DN Now, to further leverage the company's global scale, promote operational simplicity and ensure consumer centricity. This streamlined solutions portfolio also provides a simplified investment for customers via an optimized supply chain and reduced servicing complexity.

Maurizio Lupo, head of Innovation, Change Management and Network Transformation, at BNL said: "We're very committed to the innovation. Rising competition and consumers' evolution are just a few of the challenges we're focused on and that we're managing on a daily basis. Diebold Nixdorf's commitment to solving for these headwinds with the DN Series makes them a trusted advisor and partner to help us move the needle for our continued transformation and global impact."

Gerrard Schmid, president and chief executive officer at Diebold Nixdorf said: "The DN Series elevates the performance of the self-service channel, fully realizes the promise of our technology and serves as a critical component of our roadmap as we work to shape the future of our industry. This next generation of financial self-service is the result of deep discovery of consumer needs and industry demands and exemplifies the integrated delivery model so essential in our industry today."

Learn more about the DN Series and view additional multimedia.

About BNL Gruppo BNP Paribas
BNL, with over 100 years of activity, is one of the leading Italian banking groups and one of the most famous brands in Italy, present throughout the national territory with Branches, Private Banking Offices, Business Centers "Create BNL for the Entrepreneur", Corporate Banking and Public Administration Centers. BNL offers a wide range of solutions, products and services, from the most traditional to the most innovative, to meet the multiple needs of customers (individuals and families, businesses and institutions). Since 2006 BNL has been part of the BNP Paribas Group, present in 72 countries, with over 200,000 employees, of which around 155,000 in Europe where it has four domestic markets: Belgium, France, Italy and Luxembourg. B! NP Pariba s holds key positions in two main business sectors: Retail Banking & Services and Corporate & Institutional Banking.

BNL is particularly committed, like the entire BNP Paribas Group, to economic, social and environmental sustainability; a strategy of #positivebanking, which summarizes the Bank's ambition to generate, through its business, a positive impact on customers, employees and the entire community, contributing to a more sustainable future.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 23,000 employees worldwide. Visit for more information.

Twitter: @DieboldNixdorf 
YouTube:! ixdorf 

Diebold Nixdorf Primary Logo. (PRNewsFoto/Diebold Nixdorf)

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Company Codes: NYSE:DBD
PRN: Chinese Sculptor Li Xiangqun Won the 54th Florence International Muse Award Tue, 25 Jun 2019 11:04:41 +0200 PR Newswire Turismo PR Newswire Turismo

Chinese Sculptor Li Xiangqun Won the 54th Florence International Muse Award


SHENYANG, China, June 25, 2019 /PRNewswire/ -- The 54th Florence International Muse Award ceremony was held at Florence city hall on June 1, 2019. As the first Chinese sculptor to be associated with the Florence International Muse Award, professor Li Xiangqun, the president of Luxun Academy of Fine Arts, won the "Erato Art Prize" in this award and was awarded the permanent academician of Muse academy.

As one of the most important international awards in Italy, the Florence International Muse Award has honored 12 outstanding people from the fields of culture and art worldwide every year since it was established in 1965. Currently, the Florence International Muse Award includes 12 awards for art, poetry, literature, performance, dance and the others.

"It is a great honor for the jury to present Mr. Li Xiangqun with the 54th Florence International Muse Award for art," said Luca Prestino, President of the Florence International Muse Award. "I am honored that Mr. Li Xiangqun has been a member of our Muse college family. Florence is looking forward to his exhibition here, which will create new communication between artistic creation and Italian people."

Li Xiangqun thought that the award is not only a personal honor, but also belongs to the honor of his motherland. He said: "This award makes me deeply comprehend that art has no boundaries. We share common values, tell our own stories and create arts realizing our dreams."

According to Luxun Academy of Fine Arts, Li Xiangqun has cultivated a large number of excellent artistic talents in his teaching career of more than 30 years, and become the representative of the inheritance of Chinese figurative sculpture.

As the president of Luxun Academy of Fine Arts, Li Xiangqun hopes to effectively expand the social service function of art colleges and universities, fully meeting the needs of social and cultural development, implanting the concept of "art leads urban innovation" into the development of creative cities, and giving the city a living soul.

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PRN: Steigenberger Hotels & Resorts Opens a New Hotel in Egypt Tue, 25 Jun 2019 10:57:34 +0200 PR Newswire Turismo PR Newswire Turismo

Steigenberger Hotels & Resorts Opens a New Hotel in Egypt


New luxury hotel right next to Cairo's Pyramids conjures up the spirit of the Pharaohs.

FRANKFURT AM MAIN, Germany, June 25, 2019 /PRNewswire/ -- The "Evolution Steigenberger" has turned its attention to the immortal Egyptian Pharaohs. The latest hotel venture to be launched by Steigenberger Hotels & Resorts is located close to the Pyramids of Gizeh and the new Grand Egyptian Museum and will open for business this week. The Steigenberger Pyramids Cairo lies in a truly unique setting amidst the very heart of the historic sights of Egypt. It offers a contemporary design and an "Evolution Steinberger" lifestyle which combines tradition and innovation at the very highest level.

The resort boasts 132 elegantly furnished rooms and suites with state-of-the-art fixtures and fittings, a generously proportioned pool facility and a wide choice of restaurants and bars. Only a few steps away from the Pyramids, this is a place where Egypt's long history and the country's world-famous hospitality come together stunningly. The new resort is the ideal starting point for sightseeing and relaxation as well as providing a perfect venue for business meetings.

"We are delighted to be able to launch a further urban resort under the Steigenberger Hotels & Resorts brand at such a unique location," said Deutsche Hospitality´s CEO Thomas Willms, who was present at the official opening ceremony and celebrations. "Our brand has a deep and long-lasting relationship with Egypt as we are running hotels here for decades. The Steigenberger Pyramids Cairo is our twelfth hotel in Egypt, and we are looking forward to the next ones."

Current press information is available in our press portal.

Steigenberger Hotels & Resorts is a Deutsche Hospitality brand. It represents the epitome of luxury and perfect hospitality. Visitors can choose from historic hotels rich in tradition, lively city residences and health and beauty oases at the very heart of nature. The portfolio includes 60 hotels in eleven countries in Europe, Asia and Africa. Deutsche Hospitality operates four further brands. MAXX by Steigenberger is a new and charismatic concept which places the focus on the essential in accordance with its motto "MAXXimize your stay". Jaz in the City branded hotels reflect metropolitan lifestyle and draw upon the local music and cultural scene. IntercityHotel offers 40 upper modern upper mid-scale urban hotels, all of which are located within easy walking distance of railway stations or airports, whilst Zleep Hotels pr! ovide qua lity and design at an affordable price in Denmark and Sweden.

Press contact: 

Deutsche Hospitality
Lyoner Straße 25
60528 Frankfurt am Main

Sven Hirschler
Tel: +49-69-66564-422


PRN: Walmart China Takes on Food Safety with VeChainThor Blockchain Technology Tue, 25 Jun 2019 10:50:09 +0200 PR Newswire Turismo PR Newswire Turismo

Walmart China Takes on Food Safety with VeChainThor Blockchain Technology


BEIJING, June 25, 2019 /PRNewswire/ -- On June 25, in combination with Walmart China, China Chain-Store & Franchise Association (CCFA), PwC, Inner Mongolia Kerchin Co., Ltd., and VeChain, the Walmart China Blockchain Traceability Platform, built on the VeChainThor Blockchain, was announced at the 2019 China Products Safety Publicity Week Traceability System Construction Seminar. This seminar was jointly organized by Walmart China and the CCFA in Beijing.

The Walmart China Blockchain Traceability Platform Launching Ceremony

The announcement of the Walmart China Blockchain Traceability Platform came with the introduction to the first batch of 23 product lines that have been tested and launched on the Platform. The Platform is expected to scale by another 100 product lines by the end of the year covering more than 10 product categories including fresh meat product, rice, mushrooms, cooking oil, etc. It is expected that the Walmart China's  traceability system will see traceable fresh meat account for 50% of the total sales of packaged fresh meat, traceable vegetables will account for 40%! of the t otal sales of packaged vegetables, traceable seafood will account for 12.5% of the total sales of seafood by the end of 2020.

VeChain's blockchain technology is enabling Walmart China to implement a traceability strategy for products and pioneer the large-scale application of blockchain traceability. By scanning the desired products, customers can acquire detailed information, including the source of the scanned products and geographic location received by Walmart, logistics process, product inspection report, and many more data points. Data collection and data availability are to be continually added to the scale of the platform and its use of blockchain technology.


The Walmart China Blockchain Traceability Platform signing ceremony took place at the 2019 China Products Safety Publicity Week Traceability System Construction Seminar. The partners in attendance are represented by:

  • Mr. Pei Liang, President of CCFA
  • Mr. Chu Dong, Vice President of CCFA
  • Mr. Shi Jiaqi, Chief Corporate Affairs Officer of Walmart China
  • Mr. Yang Weizhi, Managing Partner of PwC China Strategy and Innovation
  • Mr. Feng Yikai, Chief Operating Officer of VeChain
  • Mr. Liu Xiaoen, Chief Procurement Officer of Walmart China
  • Mr. Chen Mingzhi, Chief Ethics Compliance Officer of Walmart China
  • Dr. Yan Zhinong, Executive Director of Walmart Products Safety Collaboration Center
  • Mr. Li He, Chairman of Inner Mongolia Kerchin Co., Ltd.

As part of the event, the signing ceremony attendees conducted a discussion on how to share responsibilities and use technological innovations to guarantee the quality and safety of products and edible agricultural produce, boost consumer confidence and satisfaction, an! d contrib ute to the upgrading of service consumption.

Kevin Feng, Chief Operating Officer of VeChain commented on the collaboration, said: "As the world-leading enterprise-public blockchain platform, VeChain aims to empower enterprises in the large-scale digitization process by providing safe and mature blockchain deployment solutions and promote the wide application of blockchain technology. We achieve this while putting forward new insights for the development of the businesses' ecosystems. The launch of the Blockchain Traceability Platform by Walmart China, the world-class retail giant, is of great significance to the commercial application of blockchain technology. VeChain will work with Walmart China to actively take heed of the call of the government, by utilizing technology to promote the traceability of fresh food, and to provide innovative solutions for the traceability platform through digital technology, so as to generate more transparent and reassuring consumption experience."

Shi Jiaqi, Chief Corporate Affairs Officer of Walmart China, stated: "Walmart has always worked to provide reliable products of quality and convenient services to customers, which is our core value proposition. With this target in mind, Walmart has continuously invested in the whole supply chain, from source procurement and commodity strategy, supply chain construction, to store and e-commerce platform operation management. We use digital methods to improve efficiency and transparency, providing products and services of quality to customers and making life better for busy families in China. "

Elton Yeung, Strategy and Innovation Leader, PwC Mainland China and Hong Kong, pointed out: "PwC's mission is 'building trust and solving important problems', which is the top priority of PwC in providing professional services and making business decisions. In the face of food safety, how to build consumer trust is a problem that PwC, our clients and partners have been trying to solve. We believe that Walmart's Blockchain Traceability System will be an excellent example of blockchain technology applied in the retail industry, helping to improve food safety and quality management, and providing a strong guarantee for building consumer trust.


As a retailer trusted by consumers, Walmart has been devoted to improving food safety and quality management, and VeChain's blockchain technology will enable it to take the lead in traceability management among retail peers. Walmart China has pioneered the large-scale application of traceability platform based on the VeChainThor Blockchain, giving priority to products of high-concern and high-risk. The first batch of 23 product lines have been tested and implemented using the public blockchain platform with more than 100 product lines following in the second half of this year, covering more than 10 categories.

The first batch of 23 product lines are live on the Walmart China Blockchain Traceability Platform

Domestic customers are proposing higher demands on food safety, digitalization of food traceability will help suppliers to increase their brand value and win their consumers' trust. Walmart China expects the use of the platform to continue to grow in scope, accounted scales, and geographic implementation. As the platform continues to expand, more categories of food will be traceable and thus the value transfer will be further expanded in the industry reflected on the VeChainThor Blockchain.

Through the technical support of PwC and VeChain, Walmart China has built the proprietary food safety traceability platform on the VeChainThor Blockchain. Participants in the supply chain will share their portion of data, and promote the visibility and management efficiency of the whole chain by utilizing the decentralized and tamper-proof blockchain technology. This platform enhances the transparency of product information, ensures the authenticity of product data, and boosts the trust of their consumers. In the future, the Walmart China Traceability Platform shall adopt multilateral cooperation, synchronizing data from local governments' traceability platforms and suppliers' own platforms, so as to provide customers with safe and high-quality products, all on the VeChainThor Blockchain.

About VeChain
Launched in 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco.

Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including BMW, BYD Auto, Haier, Brightfood Group, D.I.G, DB Schenker, PICC, etc.

For more information about VeChain, please follow our twitter @vechainofficial or visit our official website

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PRN: Non-GMO BESTEVIA® Reb E receives FDA No Objection Letter Tue, 25 Jun 2019 10:42:00 +0200 PR Newswire Turismo PR Newswire Turismo

Non-GMO BESTEVIA® Reb E receives FDA No Objection Letter


RANCHO SANTA MARGARITA, California, June 25, 2019 /PRNewswire/ -- SweeGen, Inc., a stevia-based sweetener company, announced that the U.S. Food and Drug Administration (FDA) issued a GRAS (Generally Recognized As Safe) No Objection Letter for BESTEVIA® Rebaudioside E ("Reb E") stevia leaf sweetener for use in foods.

SweeGen, Inc. Logo

"Reb E is one of the main components in our BESTEVIA e+. It was specifically created for alcoholic and non-alcoholic beverages in response to concerns from some regarding application IP for Reb M in beverages," says Shari Joslin, VP of Application Technology, "BESTEVIA e+ provides a mouthfeel and taste closest to sugar," she adds.

BESTEVIA e+ shows great success in reducing sugar and artificial sweeteners in many applications, such as beverage, dairy, sports nutrition, condiments and bakeries. "BESTEVIA e+ provides a clean, sugar-like taste at a price equivalent to sugar. In addition to the success we have with our non-GMO BESTEVIA Reb M and Reb D, we are excited to add BESTEVIA e+ to our sweetener portfolio," says Katharina Pueller, director natural sweetener business. 

BESTEVIA Reb E, SweeGen's non-caloric, high-purity stevia sweetener, is produced from the stevia leaf through a non-GMO bioconversion process. The FDA acknowledged in a letter dated June 21, 2019 that it evaluated the application and has no further questions regarding the conclusion that Reb E is GRAS under its intended use in foods.

Reb E was commercialized at the end of 2018 and is available in large quantities. Having now received the No Objection Letter from the FDA, SweeGen will continue to pursue global approvals.

About SweeGen
SweeGen, Inc., is dedicated to the development, production and distribution of non- caloric sweeteners for the food, flavor and beverage industries. SweeGen's robust product pipeline, intellectual property portfolio, and dedicated manufacturing capacity and R&D provide the foundation for innovation and delivery of high-quality sweeteners. For more information, please contact and visit SweeGen's website,

Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain forward-looking statements, including, among other statements, statements regarding the future prospects for Reb E and BESTEVIA e+ stevia leaf sweeteners. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of SweeGen, Inc. Relevant risks and uncertainties include those referenced in the historic filings of SweeGen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. SweeGen, Inc. assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

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PRN: Sports Equipment and Apparel Market in Europe to Reach 172.31 Bn by 2025 at 5.5% CAG AMR Tue, 25 Jun 2019 10:30:12 +0200 PR Newswire Turismo PR Newswire Turismo

Sports Equipment and Apparel Market in Europe to Reach 172.31 Bn by 2025 at 5.5% CAGR: AMR

Growing health awareness among consumers, rapid rise in per capita disposable income, and surge in demand for sports apparel among young sports enthusiasts and advancements in formulation of sports equipment drive the growth of the Europe sports equipment and apparel market.


PORTLAND, Oregon, June 25, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, Europe Sports Equipment and Apparel Market by Product Type (Sports Equipment and Sports Apparel & Footwear), Retailers (Brand Outlets and Independent Stores), and Country (Germany, France, UK, Italy, Spain, and Rest of Europe): Opportunity Analysis and Industry Forecast, 2018-2025. The research offers a detailed analysis on changing market dynamics, key investment pockets, major segments, and market competition. According to the report, the Europe sports equipment and a! pparel ma rket generated $115.70 billion in 2017, and is expected to reach $172.31 billion by 2025, growing at a CAGR of 5.5% from 2018 to 2025.


Rise in health awareness among consumers, increase in per capita disposable income, surge in demand for sports apparel among young sports enthusiasts and advancements in formulation of sports equipment boost the sports equipment and apparels market growth. However, increased interest in leisure activities other than sports such as movies, musical concerts, virtual gaming, and others among consumers restrain the growth of the market. Conversely, increase in participation of various organizations in donation of these equipment & apparel to emerging sports enthusiasts & athletes with poor financial background are likely to create new opportunities for the growth ! of the ma rket.

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Sports equipment segment to be lucrative through 2025

Based on product types, the sports equipment segment accounted for more than half of the overall market share in 2017 and would retain its dominance through 2025. The same would achieve the fastest CAGR of 5.8% during the study period. Growing awareness of general health and fitness is one of the key factors that fuels the growth of the market. In addition, the development in materials used for manufacturing of sports equipment is helping to enhance product performance, thereby boosting the adoption rate of sports equipment.

Independent stores segment to grab the highest share through 2025

Based on retailers, the independent stores sector captured nearly three-fourth of the total market share in 2017 and is likely to continue its revenue lead through 2025. Rise in expenditure on sports training and development for children, owing to growing awareness of the benefits of engaging in sports activity such as increased concentration and problem-solving ability fuels the demand for sports equipment and apparel. However, the brand outlets segment would grow at the fastest CAGR of 6.2% from 2018 to 2025.

Italy to grow at the fastest rate during the forecast period

The market in Italy is projected to grow at the highest CAGR of 6.1% during the forecast period, 2018-2025. Growth in population adopting healthier lifestyle spurs the growth of the market. However, the rest of Europe segment garnered nearly two-fifth of the market share and is expected to maintain its revenue lead through 2025.

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Key industry players

Leading market players analyzed in the research include Adidas AG (ADIDAS), Amer Sports Corporation, Asics Corporation, Fila Korea Ltd., New Balance, Nike, Inc., Puma Se (Kering), Sports Direct International Plc, Under Armour, Inc, and VF Corporation (VFC).

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Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Sports Protective Equipment Market: Global Opportunity Analysis and Industry Forecasts, 2019 - 2026

Outdoor Sports Apparel Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

About Us

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

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

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