Artificial Intelligence
Global Liquid Flavors Market Is Expected to Reach USD 14.31 billion by 2028 : Fior Markets
Newark, NJ, Feb. 15, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global liquid flavor market is expected to grow from USD 9.61 billion in 2020 and to reach USD 14.31 billion by 2028, growing at a CAGR of 5.1% during the forecast period 2021-2028.
The global liquid flavors market has witnessed significant growth in recent years. This growth is attributed to the rising consumer awareness regarding nutrition, rising industrial output, and consumption of natural ingredients, rising demand for processed food, and growing consumer disposable income. Other factors such as the rising preference for liquid flavors, increasing use of liquid flavors to enhance the taste, and rising industrial output will propel the market growth.
Liquid flavors are the flavors added to the food items to give them a blend of colors and make them look attractive. The liquid flavors are highly preferred by professional chefs to give their dishes a more appealing look. Liquid flavors are divided into categories such as artificial flavors, natural flavors, organic flavors, extracts, and concentrated flavors. They are used in the form of sauces, whipped cream, sweeteners, frozen yogurt, cut organic products, and nourishment refreshers. Colors can also be added to the liquid flavors to give an appealing look to the food items.
The global liquid flavors market is expected to witness significant growth, owing to the increased economic activity, shortening meal preparation times, and rising consumer awareness regarding nutrition and consumption of natural ingredients. The factors restraining the market growth are volatility in prices of raw materials and rising health concerns regarding artificial flavors. Technological innovations in the field of consumer goods & services will provide market growth opportunities. However, rising health concerns due to the use of artificial chemicals will challenge the market growth.
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The key players operating in the global liquid flavors market are Gold Coast Ingredients, RTS Vapes, Frutarom, McCormick & Company, Natures Flavors, International Flavors & Fragrances, Firmenich, Kerry Group, V. Mane Fils S.A. (VMF), Givaudan, Symrise AG, Sensient Technologies, Takasago, and BioSun Flavors & Food Ingredients. To gain a significant market share in the global liquid flavors market, the key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.
Artificial flavor liquids segment dominated the market and held the largest share of 41.7% in the year 2020
On the basis of product, the global liquid flavors market is segmented into flavor extracts, organic flavor concentrates, and artificial flavor liquids. The artificial flavor liquids segment dominated the market and held the largest share of 41.7% in the year 2020. This growth is attributed to the increasing preferences for intense taste and aroma in baked goods. The artificial flavors liquid is highly used in the carbonated beverages, processed foods, alcoholic beverages, and e-cigarettes. The flavor extract segment is anticipated to witness significant growth due to increase use in beverages.
Beverage segment dominated the market and held the largest share of 34.6% in the year 2020
On the basis of application, the global liquid flavors market is segmented into bakery & confectionery, processed foods, beverages, and dairy & frozen foods. The beverage segment dominated the market and held the largest share of 34.6% in the year 2020. This growth is attributed to the increasing consumption of various beverages like soft drinks, flavored mineral water, and various other beverages. The bakery & confectionery segment is anticipated to witness significant growth, owing to the increasing use of fillings and topping for making appealing dishes.
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Regional Segment of Liquid Flavors 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 liquid flavors market is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America held the largest share of 39.8% in the year 2020. This growth is attributed to the diverse food consumption patterns, shift in consumer preferences for ready-to-eat food, and lower preparation time preferences. The Asia-Pacific region is anticipated to witness significant growth due to the presence of diverse cultures, changing food consumption patterns, and increasing acceptance of western foods. China and India holds the largest share in the region, owing to the growth of dairy products and beverage industries. Various other regions like Latin America, Middle East, and Africa are adopting cultures like rapid urbanization and rising disposable income will propel the market growth.
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About the report:
The global liquid flavors market is analyzed on the basis of value (USD billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insights of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitors position grid analysis.
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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.
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Artificial Intelligence
Adamastor introduces the FURIA, the first Portuguese supercar
PORTO, Portugal, May 14, 2024 /PRNewswire/ — The history of the Portuguese car industry is filled with good examples of the significance of Portuguese entrepreneurship, the desire to “give new worlds to the world”, the enormous capacity to get down to work and turn ideas into reality. In all of them we find something that unites them: one or two “geniuses” who, sometimes not in the most obvious way, or having to overcome the most unusual obstacles, end up bringing something they dreamed of to fruition. Adamastor has a lot of all these things. A lot of idealism, a lot of passion and, at the same time, a lot of know-how… The result is being presented today: the FURIA!
A supercar is, in essence, an exclusive high-performance sports car made up of specific components of superior quality, offering more power and cutting-edge technology to enthusiasts and collectors around the world. It is precisely in this segment, which is also “super” in terms of exclusivity, that Adamastor wants to position itself.
The constant growth and development of society and the economy has favoured the expansion of the number of wealthier consumers, many of whom are regular customers of the restricted supercar category. It is therefore expected that the demand for supercars will continue to increase, also favouring growth in the sector.
However, the rigour of construction, the driving experience and the high-level design and technology are equally responsible for placing Adamastor’s market segment at the forefront of the evolution of expertise, R&D and technical knowledge in this top category of the exciting automotive industry. This is precisely where Adamastor wants to put itself, with the introduction of the Furia, right at the front of the pack.
Where is the first Portuguese supercar produced?
It was from its facilities in Perafita, on the outskirts of Oporto, that Adamastor worked on the development of the first Portuguese supercar. But the highly specialised engineering, production and design team also has the technical and human resources to design, develop and produce its own tools, equipment and other components, and is also committed to becoming a leader in the execution of excellent engineering projects at international level, with a special focus on designing the highest quality carbon fibre components. Adamastor Advanced Technologies was thus born.
In order to achieve this, it uses cutting-edge technical solutions, from the design stages to validation, obviously including development and production, and it has all the skills and competences that allow it, for example, to stand out as one of the main players in the industry in the production of carbon fibre components for use in the demanding automotive industry, in the new mobility solutions sector and in the challenging world of racing, while demonstrating its ability to adapt to an industry that is constantly changing and evolving.
From advanced CNC machining technology to modern 3D printing tools, including the aforementioned production of carbon fibre components, Adamastor Advanced Technologies’ experience, expertise and excellent service has made it the choice of customers with specific needs, such as for the production of carbon fibre bodies and fuel tanks for off-road racing vehicles, propellers for wind power generation, among other high-precision components, where tight tolerances are crucial for the application and consequent correct operation of the component under working conditions.
In this context, Adamastor’s network of partners is also one of its main assets. Each of its partners offers the experience and technical expertise needed to achieve the best results, meeting the high-quality standards and demands of its customers. Examples include partnerships with Creodynamics – virtual simulation of a wind tunnel with CFD (Computational Fluid Dynamics) software, as used in Formula 1; with Canopy – virtual simulation of races and lap times used by some of the teams in the FIA World Endurance Championship and Formula 2; and with Altair – FEA (Finite Element Analysis)
All the information available here: https://www.adamastor.com.pt/home
Technical specifications – Adamastor Furia
Chassis:Carbon fibre
External dimensionsLength: 4,560 mmWidth: 2,212 mmHeight: 1,098 mmWeight: 1,100 kg (dry in Race version)
Track widthFront: 1,755 mmRear: 1,705 mmWheelbase: 2,800 mm
SuspensionGeometry: decoupled double wishbones, coil spring on shock absorberAdjustments supported: toe, camber, caster, ground clearance, roll stiffness, bump stiffness
EngineArchitecture: V6, twin-turbo, sourced from Ford PerformanceDisplacement: 3.5 litresMaximum power: + 650 horsepowerMaximum torque: + 571 NmFuel: Petrol; compatible with synthetic fuelsTop speed: over 300 km/h in the road versionAcceleration from 0 to 100 km/h: around 3.5 secondsAcceleration from 0 to 200 km/h: around 10.2 seconds
Maximum downforceRace: 250 km/h – 1,800 kgRoad: 250 km/h – 1,000 kg
Brakes378 mm discs at the front and 356 mm at the rear. 6-piston callipers at the front and 4-piston callipers at the rear. Brake force variation available on Race version.
Standard equipmentABS and TC
Customisation optionsAdamastor allows a wide range of personalisation freedom for the Furia, including the interior design.
Planned production:Limited series of 60 units
Price of the road-legal version:Estimated at 1.6 million euros + tax
Photo – https://mma.prnewswire.com/media/2410982/Adamastor_Super_Sports.jpgPhoto – https://mma.prnewswire.com/media/2410981/Adamastor_350_HorsePower.jpgLogo – https://mma.prnewswire.com/media/2094180/Adamastor_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/adamastor-introduces-the-furia-the-first-portuguese-supercar-302143843.html
Artificial Intelligence
ID Quantique launches a quantum-safe communication ecosystem to facilitate the adoption of Quantum networks, with HEQA Security, LuxQuanta, Quantum Optics Jena and ThinkQuantum as first partners
GENEVA, May 14, 2024 /PRNewswire/ — To accommodate the growing demand for telecom-grade solutions that enable fast and cost-effective migration to quantum-safe communications, ID Quantique’s new Clarion KX software platform now supports multi-vendor Quantum Key Distribution (QKD) interoperability. Today, we are pleased to welcome new technology partners: HEQA Security, LuxQuanta, Quantum Optics Jena and ThinkQuantum to our Clarion KX ecosystem.
With the looming threat of quantum computers capable of breaking public-key cryptography, the reality of “harvest now, decrypt later” attack poses immediate threat to the confidentiality of enterprise, government, and IT service providers’ data. Organizations worldwide are grappling with the urgency of migrating to quantum-safe infrastructure – the most complex, time-sensitive, and costly cryptographic overhaul in IT history. Stakes are high, as failure to timely employ available mitigation strategies could expose them to significant liabilities.
To fully mitigate the associated risks, organizations are now looking to enforce a defense in depth approach by leveraging both quantum-based and algorithmic technologies at different layers of the network stack. QKD solutions, the key building block of this strategy, have been already recognized to play a critical role in ensuring long term resilience to Quantum threat.
ID Quantique Clarion KX platform leverages an open and service-based architecture to support a cost-effective scale up of QKD networks. It provides for orchestration and management of out-of-band quantum-key delivery in real time, regardless of the underlying QKD solutions or the location of the consuming encryption appliances. With its support for heterogeneous QKD infrastructure in complex and SLA demanding environments, IDQ’s Clarion KX platform also enables telecom operators to generate new revenue streams by providing new Quantum-Safe as a Service offerings to their B2B customers looking for long-term security assurance.
With ID Quantique’s expanded ecosystem and open interfaces, customers can now also leverage hybrid QKD networks, including continuous variables (CV) QKD, discrete variables (DV) QKD or Entanglement based QKD.
“We are extremely proud to break another important barrier to large-scale adoption of quantum networks. Said Grégoire Ribordy CEO of ID Quantique. Offering a vendor-agnostic ecosystem allowing heterogeneous QKD infrastructure was one of the next logical steps the market was expecting – and this is now available thanks to our partners.”
“Reaching QKD interoperability is a significant market milestone that empowers customers to choose products freely for their networks, maximizing flexibility and adaptability to meet business needs. Said Nir Bar-Lev, CEO, HEQA Security. This customer-centric approach reflects HEQA Security’s dedication to delivering innovative solutions, even before standards are fully finalized.”
“Safeguarding both present and future communications requires customized solutions aligned with specific network requirements. That is why we must ensure multi-vendor interoperability, allowing our industry to build on the unique properties and specifications of each QKD and related technologies from different providers.” says Vanesa Diaz, CEO of LuxQuanta. “We are very pleased with the seamless work that both our teams have done to integrate our NOVA LQ® system with Clarion KX software, and we look forward to continuing to nurture this partnership.
“The integration of different technological approaches is an important step for future network architecture,” says Kevin Füchsel, CEO of Quantum Optics Jena. “The demonstration shows that our partners and customers can rely on simple and fast interoperability. This brings us a big step closer to multi-user and multi-vendor networks.”
“Partnering between ThinkQuantum and IDQ for the mutual recognition of our own quantum networking solutions is definitely moving in the direction of overcoming the competition we daily experience on the market to cooperate in the support of our common clients and Industry growth”, Simone Capeleto, CEO of ThinkQuantum.
More info on Clarion KX Platform
For more information visit our website:www.idquantique.comwww.heqa-sec.comwww.LuxQuanta.comwww.qo-jena.comwww.thinkquantum.com
Photo: https://mma.prnewswire.com/media/2412582/ID_Quantique.jpgLogo: https://mma.prnewswire.com/media/2412581/ID_Quantique_Logo.jpg
Contact: Catherine Simondi – VP Marketing and Communication, ID Quantique, [email protected] or + 42 22 801 83 71
View original content:https://www.prnewswire.co.uk/news-releases/id-quantique-launches-a-quantum-safe-communication-ecosystem-to-facilitate-the-adoption-of-quantum-networks-with-heqa-security-luxquanta-quantum-optics-jena-and-thinkquantum-as-first-partners-302145202.html
Artificial Intelligence
Sona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis
LONDON, May 14, 2024 /PRNewswire/ — Sona, the next-generation, intelligent workforce management platform for frontline enterprises founded by Steffen Wulff Petersen, Oli Johnson and Ben Dixon, announced today its $27.5M Series A. Felicis led the financing with participation from Northzone, Google’s AI-fund Gradient, SpeedInvest, Antler, BAG Ventures, and numerous notable angels participated in the round. Sona has raised $40M+ to date and will use this fresh round of capital to expand its go-to-market function and build more advanced AI capabilities on its platform. In 2023 alone, Sona experienced an explosive 400%+ revenue growth. To date, over 4.6 million shifts have been created on Sona.
The frontline workforce represents nearly 2 billion people worldwide, 56% of the global workforce. In spite of this, frontline innovations have received
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