Artificial Intelligence
Global Baby Food Market Is Expected to Reach USD 119.47 Billion by 2028 : Fior Markets
Newark, NJ, Feb. 10, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global baby food market is expected to grow from USD 68.42 billion in 2020 and to reach USD 119.47 billion by 2028, growing at a CAGR of 6.39% during the forecast period 2021-2028.
The rising awareness regarding the nutritional benefits of commercially available baby food has increased the demand for the product especially among working parents. The demand for organic baby food is increasing among young parents due to the lesser prevalence of side-effects. With rapid urbanization and an increasing number of working mothers, the preparation of home-cooked baby foods has become a tedious task. The changing lifestyle patterns have propelled the demand for packaged baby food in many regions. Also, the increasing marketing of such products has gained tremendous response from the consumers.
Baby foods are developed in such a way that it can be easily digested by the infants. These are made from specialized formulas that contain most of the essential nutrients required for the development of bones and tissues of the baby. Breast milk is not sufficient for the overall development of the infant’s body, and thus, many parents are willing to provide their child with the food products constituting additional nutrients. Initially, there were limited options available for such products; however, with increasing demand, the manufacturers have developed various flavors for baby foods. These types of food are either liquid paste or soft, which can be easily chewed by the babies. The baby foods are found to be fulfilling the infant’s appetite, and thus no extra formulations are required.
The development of high-quality baby food products has accelerated the growth of the market. These infant formulas are manufactured in a highly supervised environment, which minimizes the occurrence of ill effects. Also, the growing prevalence of chronic diseases affects the lactation period of mothers, which is why they opt for commercially available nutritive food products for their infants. However, the stringent regulations governing the manufacturing of baby food products are restraining market growth.
DOWNLOAD FREE SAMPLE REPORT AT https://www.fiormarkets.com/report-detail/419198/request-sample
Key players operating in the baby food market are DANONE, Nestlé SA, Abbott Laboratories Inc., Royal FrieslandCampina NV, Pfizer Inc, GlaxoSmithKline Plc, Bellamy Organics, Mead Johnson & Company LLC, Bristol-Myers Squibb, HJ Heinz, Hero Group GmbH, Perrigo Company Plc, Campbell Soups, Arla Foods Amba, Dean Foods Co., Hain Celestial Group Inc. among others. The major players in the baby food market focus on expansionary strategies such as mergers & acquisitions, recent developments, joint ventures, collaborations, product innovations and partnerships. These strategies would extract higher market shares for the players and strengthen their position in the global baby food market. DANONE and Nestlé SA are some of the biggest manufacturers and suppliers of baby food worldwide.
The baby cereals segment dominated the market and held the largest market share of 34.20% in the year 2020
Based on the product type segment, the global baby food market includes baby cereals, frozen baby food, baby soups, milk formula food, baby snacks and others. The baby cereals segment dominated the market and held the largest market share of 34.20% in the year 2020. Baby cereals are used vastly in many regions owing to the nutritional benefits. The cereals consist of proteins and minerals, which are essential for the development of tissues. Also, cereals are rich in irons, which helps in the development of strong bones in infants. The milk-based formula segment is expected to register a high growth rate during 2021-2028. The increasing number of working women leads to a disrupted lactating period, which can cause inconvenience to the infants. Thus, the demand for milk-based formulas is increasing to fulfill the requirements of an infant’s body.
The organic segment is expected to grow by 8.77% CAGR during the year 2021-2028
Based on the nature segment, the global baby food market includes organic and conventional. The organic segment is expected to grow by 8.77% CAGR during the year 2021-2028. With the increase in cases of malnutrition and health issues in infants, the demand for organic baby food is growing tremendously. Consumers are willing to spend a little extra on high-quality organic food products. Organic food products do not consist of any type of preservatives, colors or artificial flavors, which ensures the quality of such products.
The supermarkets and hypermarkets dominated the market and held the largest market share of 31.27% in the year 2020
Based on the distribution channel segment, the global baby food market includes supermarkets and hypermarkets, convenience stores, grocery retailers, pharmacies, online and others. The supermarkets and hypermarkets dominated the market and held the largest market share of 31.27% in the year 2020. The supermarkets and hypermarkets offer a wide variety of baby food products as compared to other segments. Also, their extensive presence contributes majorly to the dominant market shares.
Browse full report with TOC at https://www.fiormarkets.com/report/baby-food-market-by-product-type-baby-cereals-419198.html
Regional Segment Analysis of the Baby Food Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and Rest of South America)
- Middle East and Africa (UAE, South Africa, Rest of MEA)
On the basis of geography, the global baby food market is classified into North America, Europe, South America, Asia Pacific, and the Middle East and Africa. Asia-Pacific accounted for a significant market share of 38.22% in the year 2020. The local population of the region has an inclination towards convenient baby food products due to the growing per capita income. Also, the increasing number of working women population in the region has propelled the market growth. However, Europe is expected to witness a lucrative growth rate during 2021-2028. The growing health issues in infants, coupled with rising awareness for formula-based nutrition baby food, are accelerating the growth of the market in many countries of the region. Also, the increasing penetration in the region by key vendors is expected to drive the market growth further.
Request for Customization: https://www.fiormarkets.com/enquiry/request-customization/419198
About the report:
The global baby food market is analyzed based on value (USD Billion), volume (grams), export (grams), and import (grams). All the segments have been analyzed on a global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers an in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the market’s key insight. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
For Instant Purchase: https://www.fiormarkets.com/checkout.html?reportid=419198&type=single
Customization of the Report:
The report can be customized as per client requirements. For further queries, you can contact us on [email protected] or +1-201-465-4211. Our executives will be pleased to understand your requirements and offer you the best-suited reports.
About Fior Markets
Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others. Our Strategic Intelligence capabilities are purposely planned to boost your business extension and elucidate the vigor of diverse industry. We hold distinguished units of highly expert analysts and consultants according to their respective domains. The global market research reports we provide involve both qualitative and quantitative analysis of current market scenario as per the geographical regions segregated and comprehensive performance in different regions with global approach. In addition, our syndicated research reports offer a packaged guide to keep companies abreast of the upcoming major restyle in their domains. Fior Markets facilitates clients with research analysis that are customized to their exact requirements, specifications and challenges, whether it is comprehensive desk research, survey work, composition of multiple methods, in-detailed interviewing or competitive intelligence. Our research experts are experienced in matching the exact personnel and methodology to your business need.
Contact Us
Avinash D
Head of Business Development
Phone: +1-201-465-4211
Email: [email protected]
Web: www.fiormarkets.com
To Read Top Industries Reports, Visit our Affiliated Website: https://www.marketquest.biz
Related Reports
Sesame Seeds Market – https://www.fiormarkets.com/report/sesame-seeds-market-by-product-white-brown-black-418155.html
Sucrose Esters Market – https://www.fiormarkets.com/report/sucrose-esters-market-by-form-liquid-powder-pellet-418160.html
Palm Oil Market – https://www.fiormarkets.com/report/palm-oil-market-by-product-crude-palm-kernel-418136.html
Meat Extracts Market – https://www.fiormarkets.com/report/meat-extracts-market-by-type-chicken-beef-lamb-418119.html
Artificial Intelligence
Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms
MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.
SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/enghouse-video-partners-with-sonifi-health-to-deliver-advanced-telehealth-solutions-in-hospital-rooms-302126882.html
Artificial Intelligence
Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow
Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.
Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
Logo – https://mma.prnewswire.com/media/2318845/3CLogic_logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/global-insurance-provider-selects-3clogic-to-streamline-ai-and-contact-center-capabilities-with-servicenow-302127739.html
Artificial Intelligence
ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO
Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.”
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
Photo: https://mma.prnewswire.com/media/2397831/Pieter_Kroese_CEO_ScreenPoint_Medical.jpgLogo: https://mma.prnewswire.com/media/1582198/ScreenPoint_Medical_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/screenpoint-medical-leadership-transition-pieter-kroese-confirmed-as-ceo-302127719.html
-
Uncategorized7 days ago
Generative AI gold rush drives IT spending — with payoff in question
-
Uncategorized7 days ago
Do underwriters trust artificial intelligence?
-
Uncategorized7 days ago
Hans Jonas on Responsibility in the Age of Artificial Intelligence
-
Uncategorized7 days ago
Meta AI Assistant Adds Website, Expands Beyond US
-
Artificial Intelligence6 days ago
Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.
-
Uncategorized7 days ago
Can artificial intelligence reduce vehicle time to market?
-
Uncategorized7 days ago
The Ottawa Hospital doctors to try AI for patient notes
-
Artificial Intelligence6 days ago
Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions