Supply Chain Insurance Procurement Intelligence Report, 2023 - 2030 |
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The supply chain insurance category is anticipated to grow at a CAGR of 4.5% from 2023 to 2030. There are several possible risks and interruptions for supply chain enterprises. Due to the intricate web of interactions between vendors, suppliers, and customers, a break in one link in the supply chain can result in bigger losses in several other links. For companies whose activities are directly dependent on a major supplier's manufacturing capacity, supply chain insurance coverage is crucial.
In 2021, according to Morningstar, the COVID-19 pandemic exposed the limitations of business interruption insurance. As a result of this, there has been an increased demand for supply chain insurance significantly. Insurance companies have expanded their offerings and coverage beyond their regular Business Interruption (BI) and Contingent Business Interruption (CBI) policies.
#SupplyChainInsurance #ProcurementIntelligence #RiskMitigation #SupplyChainResilience #InsuranceProcurement #SupplyChainManagement #ProcurementInsights #RiskAssessment #GlobalValueChain #SupplyChainIntelligence
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The supply chain insurance category is anticipated to grow at a CAGR of 4.5% from 2023 to 2030. There are several possible risks and interruptions for supply chain enterprises. Due to the intricate web of interactions between vendors, suppliers, and customers, a break in one link in the supply chain can result in bigger losses in several other links. For companies whose activities are directly dependent on a major supplier's manufacturing capacity, supply chain insurance coverage is crucial.
In 2021, according to Morningstar, the COVID-19 pandemic exposed the limitations of business interruption insurance. As a result of this, there has been an increased demand for supply chain insurance significantly. Insurance companies have expanded their offerings and coverage beyond their regular Business Interruption (BI) and Contingent Business Interruption (CBI) policies.
#SupplyChainInsurance #ProcurementIntelligence #RiskMitigation #SupplyChainResilience #InsuranceProcurement #SupplyChainManagement #ProcurementInsights #RiskAssessment #GlobalValueChain #SupplyChainIntelligence
11:57 AM - May 10, 2024 (UTC)
Molded Pulp Packaging Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global molded pulp packaging category is anticipated to grow at a CAGR of 7.7% from 2023 to 2030. Growth of the category can be attributed to greater cost saving advantage offered by the products within the category in comparison to Expanded Polystyrene (EPS) and plastic packaging, rising need for environmentally safe and sustainable packaging options, and growing demand from end-use sectors such as electronics, food & beverage, healthcare, etc. Molded pulp is compostable, naturally biodegradable and recyclable, which fuels its need in the packaging sector.
It is anticipated that innovations in manufacturing due to continuous research & development, and use of molded pulp as protective packaging for transportation & storage while also allaying sustainability concerns, are the factors increasing the demand for the products offered in the category. However, stringent government regulations across the globe to ensure thorough management of packaging waste may hinder category’s growth during projected timeframe.
#MoldedPulpPackaging #ProcurementIntelligence #PackagingTrends #SustainablePackaging #ProcurementInsights #SupplyChainManagement #PackagingProcurement #PackagingIndustry #ProcurementReport #Packaging2023to2030
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The global molded pulp packaging category is anticipated to grow at a CAGR of 7.7% from 2023 to 2030. Growth of the category can be attributed to greater cost saving advantage offered by the products within the category in comparison to Expanded Polystyrene (EPS) and plastic packaging, rising need for environmentally safe and sustainable packaging options, and growing demand from end-use sectors such as electronics, food & beverage, healthcare, etc. Molded pulp is compostable, naturally biodegradable and recyclable, which fuels its need in the packaging sector.
It is anticipated that innovations in manufacturing due to continuous research & development, and use of molded pulp as protective packaging for transportation & storage while also allaying sustainability concerns, are the factors increasing the demand for the products offered in the category. However, stringent government regulations across the globe to ensure thorough management of packaging waste may hinder category’s growth during projected timeframe.
#MoldedPulpPackaging #ProcurementIntelligence #PackagingTrends #SustainablePackaging #ProcurementInsights #SupplyChainManagement #PackagingProcurement #PackagingIndustry #ProcurementReport #Packaging2023to2030
07:42 AM - May 08, 2024 (UTC)
Outplacement Services Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global outplacement services category is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. It is being driven by factors such as large-scale hiring and layoffs, protection against legal action, financial viability, growing globalization and the prevalence of remote work, and rising uptake of connected device applications and analytical solutions. In the past, outplacement was mostly known to businesses that offered skills-enhancement services.
Nevertheless, with the rapid advancement of technology, it is now imperative that employees be able to leave their jobs easily and conveniently. In order to preserve the company's identity and brand, over 79.9% of businesses across the globe believe that it is critical to assist departing employees. However, concerns such as the breach of personal employee data and the presence of fraudulent service providers may hinder the growth of the global category during the forecasted timeframe.
#OutplacementProcurement2030 #WorkforceTransitions #ProcurementInsights #futureofwork #TalentManagement #EmployerBranding #ProcurementIntelligence
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The global outplacement services category is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. It is being driven by factors such as large-scale hiring and layoffs, protection against legal action, financial viability, growing globalization and the prevalence of remote work, and rising uptake of connected device applications and analytical solutions. In the past, outplacement was mostly known to businesses that offered skills-enhancement services.
Nevertheless, with the rapid advancement of technology, it is now imperative that employees be able to leave their jobs easily and conveniently. In order to preserve the company's identity and brand, over 79.9% of businesses across the globe believe that it is critical to assist departing employees. However, concerns such as the breach of personal employee data and the presence of fraudulent service providers may hinder the growth of the global category during the forecasted timeframe.
#OutplacementProcurement2030 #WorkforceTransitions #ProcurementInsights #futureofwork #TalentManagement #EmployerBranding #ProcurementIntelligence
06:59 AM - May 07, 2024 (UTC)
Catering Service Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The catering service category is expected to grow at a CAGR of 5.8% from 2023 to 2030. The necessity to consume food, ideally nutritious food, at the workplace and increased demand from social & wedding events are the main factors driving this category. In the corporate world, having a reputable catering service is essential to attract new hires by giving them a high-end experience in hospitality whereas, during a business event, the corporate catering service providers & professionals assist in building the company's reputation among clients.
The global catering service category size was valued at USD 110.0 billion in 2022. One of the main factors driving the market growth is the increasing demand for convenience. Many consumers are looking for services that offer easy ordering and delivery options, as well as menu options that can be customized to meet their specific needs. Due to the region's growing population and growing demand for industrial players in the organized sector, catering services are in high demand throughout the Asia Pacific.
The rise of the catering sector is mostly driven by the rising popularity of internet catering. New habits are becoming reinforced and the taste for foreign meals is rising as the urban population grows. The worldwide fast-food sector is expanding as a result of a variety of causes, including changing food preferences, and an increase in the number of nuclear families. Consumers all around the world are experimenting with various cuisines as a result of exposure to other cultures and lifestyles, which is also opening up new growth potential for the global fast-food business.
#CateringProcurement2030 #ProcurementIntelligence #CateringServiceTrends #ProcurementInsights #CateringIndustryAnalysis #ProcurementStrategy #SourcingSolutions #CostOptimization #SupplierManagement #ProcurementReport2023 -2030
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The catering service category is expected to grow at a CAGR of 5.8% from 2023 to 2030. The necessity to consume food, ideally nutritious food, at the workplace and increased demand from social & wedding events are the main factors driving this category. In the corporate world, having a reputable catering service is essential to attract new hires by giving them a high-end experience in hospitality whereas, during a business event, the corporate catering service providers & professionals assist in building the company's reputation among clients.
The global catering service category size was valued at USD 110.0 billion in 2022. One of the main factors driving the market growth is the increasing demand for convenience. Many consumers are looking for services that offer easy ordering and delivery options, as well as menu options that can be customized to meet their specific needs. Due to the region's growing population and growing demand for industrial players in the organized sector, catering services are in high demand throughout the Asia Pacific.
The rise of the catering sector is mostly driven by the rising popularity of internet catering. New habits are becoming reinforced and the taste for foreign meals is rising as the urban population grows. The worldwide fast-food sector is expanding as a result of a variety of causes, including changing food preferences, and an increase in the number of nuclear families. Consumers all around the world are experimenting with various cuisines as a result of exposure to other cultures and lifestyles, which is also opening up new growth potential for the global fast-food business.
#CateringProcurement2030 #ProcurementIntelligence #CateringServiceTrends #ProcurementInsights #CateringIndustryAnalysis #ProcurementStrategy #SourcingSolutions #CostOptimization #SupplierManagement #ProcurementReport2023 -2030
07:41 AM - May 14, 2024 (UTC)
Vitamins & Dietary Supplements Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global vitamins & dietary supplements category is anticipated to grow at a CAGR of 8.5% from 2023 to 2030. This growth can be attributed to factors such as the rising focus on preventive healthcare, and personalized nutrition, an increase in geriatric population, and a surge in demand for immunity-boosting products post the COVID-19 pandemic. A few of the key challenges faced by the category are an increased need for governmental intervention, threat of counterfeit supplements, and distrust of consumers regarding safety and effectiveness.
Vitamins & dietary supplements have end-use applications in pharmaceuticals, nutraceuticals, feed products, foods and beverages, and personal care products. These products contain dietary ingredients that are required to supplement the diet, such as vitamin subtypes (e.g., A, B, C, D, E, and K), minerals, amino acids, enzymes, and probiotics. For instance, Vitamin A supplements may be added to animal diets to ensure adequate supply, especially when livestock lack good pasture and green forages. Similarly, Vitamin D may be added to animal foods to prevent nutritional deficiencies that lead to diseases such as rickets.
#VitaminsProcurement #DietarySupplementsProcurement #Procurement2030 #SupplierManagement #ProcurementInnovation #FutureOfProcurement #SupplyChainEfficiency #ProcurementTrends #SustainableProcurement #ProcurementInsights
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The global vitamins & dietary supplements category is anticipated to grow at a CAGR of 8.5% from 2023 to 2030. This growth can be attributed to factors such as the rising focus on preventive healthcare, and personalized nutrition, an increase in geriatric population, and a surge in demand for immunity-boosting products post the COVID-19 pandemic. A few of the key challenges faced by the category are an increased need for governmental intervention, threat of counterfeit supplements, and distrust of consumers regarding safety and effectiveness.
Vitamins & dietary supplements have end-use applications in pharmaceuticals, nutraceuticals, feed products, foods and beverages, and personal care products. These products contain dietary ingredients that are required to supplement the diet, such as vitamin subtypes (e.g., A, B, C, D, E, and K), minerals, amino acids, enzymes, and probiotics. For instance, Vitamin A supplements may be added to animal diets to ensure adequate supply, especially when livestock lack good pasture and green forages. Similarly, Vitamin D may be added to animal foods to prevent nutritional deficiencies that lead to diseases such as rickets.
#VitaminsProcurement #DietarySupplementsProcurement #Procurement2030 #SupplierManagement #ProcurementInnovation #FutureOfProcurement #SupplyChainEfficiency #ProcurementTrends #SustainableProcurement #ProcurementInsights
07:34 AM - Apr 04, 2024 (UTC)
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Sodium Cyanide Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
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The global sodium cyanide category is anticipated to grow at a CAGR of 6.15% from 2023 to 2030. It is driven by growing demand for precious metals such as silver and gold, growth in the need for chemical intermediaries by the agriculture and pharmaceutical sectors, and expansion of various end-user sectors due to rising consumer demand and rapid industrialization. In addition,sodium cyanide is widely utilized in the electroplating, a crucial process in electronics and automobile industries.
Rising living standards and increasing consumer spending have increased demand for consumer durables and cars, which has led to a rise in electroplating applications and, in turn, increased market demand for the product. However, the detrimental impact of the product on environment and human health due to its toxicity is expected to hinder the growth of the global category during the projected timeframe. Sodium cyanide prevents oxygen from reaching tissues, resulting in tissue hypoxia due to its binding to the ferric iron of oxidized cytochrome oxidase.
#SodiumCyanideProcurement #ProcurementIntelligence #SupplyChainAnalysis #StrategicSourcing #ProcurementTrends #CostReductionStrategies #SupplierRelationships #SustainableProcurement #MarketAnalysis #ProcurementInsights
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The global sodium cyanide category is anticipated to grow at a CAGR of 6.15% from 2023 to 2030. It is driven by growing demand for precious metals such as silver and gold, growth in the need for chemical intermediaries by the agriculture and pharmaceutical sectors, and expansion of various end-user sectors due to rising consumer demand and rapid industrialization. In addition,sodium cyanide is widely utilized in the electroplating, a crucial process in electronics and automobile industries.
Rising living standards and increasing consumer spending have increased demand for consumer durables and cars, which has led to a rise in electroplating applications and, in turn, increased market demand for the product. However, the detrimental impact of the product on environment and human health due to its toxicity is expected to hinder the growth of the global category during the projected timeframe. Sodium cyanide prevents oxygen from reaching tissues, resulting in tissue hypoxia due to its binding to the ferric iron of oxidized cytochrome oxidase.
#SodiumCyanideProcurement #ProcurementIntelligence #SupplyChainAnalysis #StrategicSourcing #ProcurementTrends #CostReductionStrategies #SupplierRelationships #SustainableProcurement #MarketAnalysis #ProcurementInsights
07:41 AM - Apr 19, 2024 (UTC)
Industrial Centrifuge Procurement: Category Spend Analysis and Cost Drivers
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The industrial centrifuge category is expected to grow at a CAGR of 4.43% from 2023 to 2030. The growing demand for centrifuges from the process industries such as chemical, food, metal, mining, pharmaceutical, and biotechnology is expected to drive the category growth. Throughout the forecast period, a growing improvement in the wastewater management industry and technological advancements are expected to have positive effects on the category.
The North American region accounts for the largest category share. The high demand for crude oil, the massive amount of shale oil and gas drilling operations, a thriving food processing industry, technological advancements, government support to manage wastewater and initiatives to create novel centrifugation systems are all the factors that have contributed to the success of this region.
With the help of new technologies, the chemical industry is constantly utilizing industrial centrifuges for the separation process. Technological developments in this category include chemical separation technology and decanter centrifuge technology. The decanter centrifuge technology aims to provide the decanter's internal separation process to have better control and enhance the system's overall performance enabling quick responses towards altering feed conditions.
#CentrifugeProcurement #IndustrialCentrifuge #ProcurementIntelligence #SupplyChainManagement #ProcurementInsights #CategoryManagement #StrategicSourcing #ProcurementTrends #SupplierManagement #ProcurementStrategy
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The industrial centrifuge category is expected to grow at a CAGR of 4.43% from 2023 to 2030. The growing demand for centrifuges from the process industries such as chemical, food, metal, mining, pharmaceutical, and biotechnology is expected to drive the category growth. Throughout the forecast period, a growing improvement in the wastewater management industry and technological advancements are expected to have positive effects on the category.
The North American region accounts for the largest category share. The high demand for crude oil, the massive amount of shale oil and gas drilling operations, a thriving food processing industry, technological advancements, government support to manage wastewater and initiatives to create novel centrifugation systems are all the factors that have contributed to the success of this region.
With the help of new technologies, the chemical industry is constantly utilizing industrial centrifuges for the separation process. Technological developments in this category include chemical separation technology and decanter centrifuge technology. The decanter centrifuge technology aims to provide the decanter's internal separation process to have better control and enhance the system's overall performance enabling quick responses towards altering feed conditions.
#CentrifugeProcurement #IndustrialCentrifuge #ProcurementIntelligence #SupplyChainManagement #ProcurementInsights #CategoryManagement #StrategicSourcing #ProcurementTrends #SupplierManagement #ProcurementStrategy
06:12 AM - May 20, 2024 (UTC)
