Connect with us
European Gaming Congress 2024

Artificial Intelligence

Citrus Powder Market Size is projected to reach USD 5.37 Billion by 2030, growing at a CAGR of 8.08%: Straits Research

Published

on

New York, United States, Aug. 10, 2022 (GLOBE NEWSWIRE) — Citrus is a genus of flowering trees and bushes belonging to the Rutaceae family. Citrus fruits are well-known for their aromatic rinds containing flavonoids and limonoids and are typically rich in juice. The abundance of citric acid and other organic acids gives the juice its characteristic acidic flavor. Citrus fruits include oranges, lemons, grapefruits, pomelos, and limes. The most widely cultivated and traded citrus fruit, oranges, account for more than 50% of the world’s citrus production, followed by tangerines, lemons, and grapefruits. 

The Citrus Powder is rich in antioxidants and bioflavonoids, promoting cellular turnover, balancing skin tone, and shielding skin from free radical damage. As a result of its health benefits, it is a popular ingredient in personal care and beauty products. One of the factors driving market expansion is increasing public awareness about the advantages of citrus peel extract, such as its antibacterial and other medical benefits and various healing characteristics. Moreover, the growing demand for citrus powder in confectionery, bakeries, and beverages as a flavoring agent is anticipated to boost market growth over the forecast period.

Get a Free Sample Copy of This Report https://straitsresearch.com/report/citrus-powder-market/request-sample

Global Citrus Powder Market Drivers

Increasing Awareness of the Health Benefits of Citrus Powder

Advertisement

Citrus is the highest source of vitamin C, fiber, essential oils, plant compounds, and minerals. The majority comprises carbohydrates (10%) and water (88–89%). Glucose, fructose, and sucrose comprise most of the carbohydrates in citrus. Pectin is the primary dietary fiber present in citrus fruits. Soluble fibers such as pectin slow the digestion of sugar and starch, lowering blood sugar levels. Dietary fibers are the foundation of a healthy diet and have been linked to various health benefits. It is also rich in the following vitamins and minerals:

  • Vitamin C (ascorbic acid): Vitamin C is an essential antioxidant and vitamin for immune function and skin health.
  • Potassium: A potassium-rich diet can reduce blood pressure and improve cardiovascular health.
  • Vitamin B6: A group of vitamins that aids in converting food into energy by the body.

Due to modern lifestyles and poor dietary practices, the population is at risk for various diseases and deficiency essential vitamins and minerals, such as vitamin C, B6, and potassium. Obtaining organically ripe fruits is a significant challenge in the present day. Thus, including citrus powder in one’s daily diet provides essential vitamins and minerals. This aids in preventing cancer, asthma, anemia, kidney stones, and scurvy, boosts the immune system, maintains a healthy complexion, aids in weight loss, and promotes good health, cardiovascular health, and blood pressure. Increasing public awareness of citrus powder’s health benefits is driving market expansion.

Growing Demand from Personal Care & Cosmetic Industry

Most of the population avoids personal care products and cosmetics containing chemical compounds. The perception of citrus powder’s benefits, such as vitamin C, antioxidants, and pectin, is growing with consumers’ preference for natural products. It also contributes to pH adjustment and product stability, and shelf life. Thus, demand for citrus powder is increasing in the cosmetics industry.
The citrus powder is rich in antioxidants and bioflavonoids, promoting cellular turnover, balancing skin tone, and shielding it from free radical damage. Consequently, its use in skin care products is anticipated to increase. Citric acid also possesses cleansing and foul odor-controlling properties, driving the use of citrus powder in sanitization and deodorant products, which is expected to drive the growth of the personal care industry over the forecast period.

Report Scope

Report Metric Details
Market Size USD 5.37 Billion by 2030
CAGR 8.08% (2020-2030)
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By Source, End-User, Nature, Drying Method, Distribution Channel, and Regions
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Bluegrass Ingredients Inc, Paradise Fruit Freeze Dried, Kanegrade Ltd, Mount Rose Herb, Nutra Green Biotechnology Co. Ltd., CIFAL Herbal Pvt. Ltd., Sunspray Food Ingredients Ltd, Vita-Pakt Citrus product, Lemon Concentrate, Cham Foods (Isreal) Ltd., Total Citrus S.A, Nans Products, Momar Inc.
Key Market Opportunities Citrus Powder Enhancements Offering Untapped Growth Potential to Boost Market Opportunities
Key Market Drivers Increasing Awareness of Citrus Powder’s Health Benefits to Boost Market Progress
Advertisement

Growing Demand in Personal Care and Cosmetic Industry to Aid Growth

Buy Now Full Report https://straitsresearch.com/buy-now/citrus-powder-market

Global Citrus Powder Market Restraint

High Cost and Complex Extraction Method

The high cost of citrus powder is a significant limiting factor. Due to its exotic and export-dependent nature, citrus powder-based products are comparatively more expensive than synthetic vitamin C. The high price is also attributed to additional production costs. The high price confines its appeal to a specific group of people, such as those who reside in cities and earn a good income.
Furthermore, citrus powder extraction requires several processing steps before it can be packaged and sold to consumers. The drying method used to extract citrus powder significantly affects its quality and purity. Consequently, citrus fruit growers face challenges in enhancing or sustaining production quality, with soil salinity, cold, drought, and crop diseases constituting the significant obstacles, resulting in financial constraints. Traditional breeding strategies for enhancing citrus production have been used successfully for decades, but the yield’s slow growth and maturity pose challenges.

Advertisement

Global Citrus Powder Market Opportunities

Nourishing Properties of Citrus Powder

The citrus powder is a powdered fruit product with natural qualities and organic makeup. Consumers’ preference for natural products over artificial flavors and essences has created numerous growth opportunities for the global citrus powder market. The citrus powder is widely used in skincare, soap, cosmetics, medications, other personal care products, and food & beverages. Due to their acidic flavor, oranges are the most popular and widely consumed fruit for powder production, and these have been mass-produced by manufacturing companies. Due to investments in research and innovation, dried items, such as dry lemon phenolic compounds, can be beneficial when used as a dietary supplement and have a longer shelf life.
Blue Grass and other vital players introduced citrus powder for commercial use and bulk sale to major brands and food distributors. Kanegrade, a second primary player, has been working to improve its products’ shelf life, stability, particle size, organic accreditation, acidity level, extraction process, and dietary considerations. Many new companies are entering the citrus powder market, resulting in the development of new products. Recent research has revealed that citrus peels and seeds have beneficial properties and are now used to create byproducts and existing products.

Segmental Analysis of the Global Citrus Powder Market
The global citrus powder market is segmented by source, end-user, nature, drying method, and distribution channel.

  • Source-wise, the global citrus powder market is segmented into Orange, Mandarin, Lime, Lemon, Grapefruit, and Bergamot.
  • The Orange segment dominates the market and is expected to grow at a CAGR of 8.1% during the forecast period. The tangy orange flavor has a higher nutritional value and is consumed more frequently than other flavors. It has an intense fruit essence with a high alcohol concentration, which lengthens its shelf life. It is used to flavor and aromatize carbonated soft drinks, bottled water, fruit beverages, functional beverages, and sports drinks with a fresh, energizing flavor. The expanding beverage market, along with the umpteen uses of orange extract, will shortly drive the segment. Mandarin is the second largest segment, while Lime accounted for the third largest market share. 
  • End-user-wise, the citrus powder market is segmented into Food & Beverages, Personal Care & Beauty Products, Dietary Supplements, and Juices.
  • The personal care & beauty products segment dominates the market and is expected to grow at a CAGR of 8% during the forecast period. Since citrus powder is effective in treating skin conditions like wrinkles, acne pigmentation, and dark spots, its use in skin care products is expected to increase shortly due to this benefit. In addition, citric acid’s deodorizing and disinfecting properties are also a driving force for the expansion of citrus powder in various hygiene products. Food & Beverages is the second largest segment, while Dietary Supplements accounted for the third largest market share. 
  • Nature-wise, the global citrus powder market is segmented into Organic and Conventional.
  • The Conventional segment is the most dominant in the global citrus powder market and is expected to grow at a CAGR of 7.9% during the forecast period, while Organic is the second-largest segment.
  • Drying method-wise, the global citrus powder market is segmented into Freeze-Dried, Drum Dried, Spray-Dried, and Air-Dried.
  • The Spray-Dried segment dominates the global citrus powder market and is expected to grow at a CAGR of 8.1% during the forecast period. Freeze-Dried is the second largest segment, while Drum-Dried accounted for the third largest market share. 
  • Based on distribution channels, the global citrus powder market is segmented into B2B and B2C.
  • The B2B segment dominates the global citrus powder market and is expected to grow at a CAGR of 8.2% during the forecast period. The B2C is the second-largest segment.

Get a Free Sample Copy of This Report at https://straitsresearch.com/report/citrus-powder-market/request-sample

Regional Analysis of the Global Citrus Powder Market

Advertisement

Prevalence of Europe in the Global Market

The global citrus powder market is segmented into four regions: North America, Europe, Asia-Pacific, and LAMEA.
Europe is the largest shareholder of the global citrus powder market and is expected to grow at a CAGR of 8.2% during the forecast period. Europe currently dominates the global citrus powder market due to rising consumption levels. The expansion of the citrus powder market in the region will also be supported by the rising knowledge and awareness of the health advantages they offer to the general populace. 
North America is the second-largest region. It is estimated to reach an expected value of USD 1,372 million by 2030, growing at a CAGR of 8.2% during the forecast period. It is anticipated that the market for citrus powder will experience significant growth in North America during the forecast period. In addition, the emergence of major key players is forecasted to be one of the driving forces behind the expansion of the citrus powder market in the region.
Asia-Pacific is the third-largest region. Growth opportunities for citrus powder manufacturers in the market are increasing in Oceania and South Asia, owing to the rapid expansion of end-use industries such as cosmetics, food & beverages, personal care, and others. A surge in the working population, increased awareness of organic ingredients, a growing interest in grooming habits, and rising disposable income are all expected to aid in the growth of the citrus powder market in South Asian developing countries.

The key players in the global citrus powder market are

  • Bluegrass Ingredients Inc
  • Paradise Fruit Freeze Dried
  • Kanegrade Ltd
  • Mount Rose Herb
  • Nutra Green Biotechnology Co. Ltd.
  • CIFAL Herbal Pvt. Ltd.
  • Sunspray Food Ingredients Ltd
  • Vita-Pakt Citrus product
  • Lemon Concentrate
  • Cham Foods (Isreal) Ltd.
  • Total Citrus S.A, Nans Products
  • Momar Inc.
  • Nanjing Nutriherb Biotech Co. Ltd.
  • Van Drunen Farms
  • Krishna Pectins Pvt. Ltd.
  • Penta Manufacturing Company
  • Naturmed Scientific, Nature Organics
  • Naturalin Bio-resources Co. Ltd., and Drytech Industries.

Global Citrus Powder Market: Segmentation

By Source

  • Orange
  • Mandarin
  • Lime
  • Lemon
  • Grapefruit
  • Bergamot

By End-user

  • Food & Beverages
  • Personal Care & Beauty Products
  • Dietary Supplements
  • Juices

By Nature

  • Organic
  • Conventional

By Drying Method

  • Freeze-Dried
  • Drum-Dried
  • Spray-Dried
  • Air-Dried

By Distribution Channel

By Regions

Advertisement
  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

TABLE OF CONTENT

  1. Introduction
    1. Citrus Powder Market Definition
    2. Citrus Powder Market Scope
  2. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  3. Market Overview
    1. Report Segmentation & Scope
    2. Value Chain Analysis: Citrus Powder Market
    3. Key Market Trends
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
    5. Market Share Analysis
  4. Source Overview
    1. Introduction
      1. Market Size & Forecast
    2. Orange
      1. Market Size & Forecast
    3. Mandarin
      1. Market Size & Forecast
  5. End-User Overview
    1. Introduction
      1. Market Size & Forecast
    2. Food and Beverages
      1. Market Size & Forecast
    3. Personal Care and Beauty Products
      1. Market Size & Forecast
  6. Regional Overview
    1. Introduction
      1. Market Size & Forecast
    2. America
      1. North America
      2. U.S.
        1. By Source
        2. By End-User
      3. Canada
        1. By Source
        2. By End-User
      4. Mexico
        1. By Source
        2. By End-User
      5. Latin America
        1. By Source
        2. By End-User
    3. Europe
      1. Market Size & Forecast
      2. Germany
        1. By Source
        2. By End-User
      3. France
        1. By Source
        2. By End-User
      4. U.K.
        1. By Source
        2. By End-User
      5. Italy
        1. By Source
        2. By End-User
      6. Spain
        1. By Source
        2. By End-User
      7. Rest of Europe
        1. By Source
        2. By End-User
    4. Asia Pacific
      1. Market Size & Forecast
      2. Japan
        1. By Source
        2. By End-User
      3. China
        1. By Source
        2. By End-User
      4. Australia
        1. By Source
        2. By End-User
      5. India
        1. By Source
        2. By End-User
      6. South Korea
        1. By Source
        2. By End-User
      7. Rest of Asia-Pacific
        1. By Source
        2. By End-User
    5. Middle East & Africa
      1. Market Size & Forecast
      2. Saudi Arabia
        1. By Source
        2. By End-User
      3. South Africa
        1. By Source
        2. By End-User
      4. Kuwait
        1. By Source
        2. By End-User
      5. Rest of Middle East & Africa
        1. By Source
        2. By End-User
  7. Company Profile
    1. Bluegrass Ingredients Inc
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    2. Paradise Fruit Freeze Dried
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    3. Kanegrade Ltd
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
  8. Conclusion & Recommendation
  9. Acronyms & Abbreviations

Table of Content and Figure https://straitsresearch.com/report/citrus-powder-market/toc

Recent Developments by Key Players

  • March 2022 – FrieslandCampina launched a large-scale pilot project to get hands-on experience with Bovaer®, DSM’s novel feed additive that reliably reduces methane emissions from cows by roughly 30%. Following the EU’s permission to use the addition in February 2022, the parties have decided to begin this pilot immediately. The feed ingredient will be supplied to the participating farms by the Dutch feed company Agrifirm. Through innovations like this, Dutch dairy producers may build on recent sustainability gains and contribute to a more sustainable food production system.
  • February 2022 – Bluegrass Ingredients, Inc., a leading R&D-based specialty food ingredients supplier, announced it had achieved Food Safety and Quality Code certification from the Safe Quality Food (SQF) Institute. The recognition underpins the company’s continued commitment to producing ingredients following the highest food safety and quality standards.
  • January 2022: Kanegrade Ltd launched a new POMEGRANATE POWDER. Spray-dried at low temperatures, Pomegranate Powder is a pink/yellow powder with a flavor and aroma typical of the fruit. It is a fine powder with hygroscopic properties that flows freely. 

News Media

How The Investors Should Look Up To The Food And Beverages Market?

The Future of Food and Beverage Industry

A Detailed Analysis of the Global Organic Food Industry in 2020

Cold Chain Logistics and the Food Industry

Advertisement

Nutricosmetics Market to Earn a Remarkable Market Share During Forecast Period

Have a Look at the Related Research Report

Vitamins Market: Information by Type, Application (Pharmaceutical, Food & Beverage, Personal Care) and Distribution Channel (Online Retail, Offline Retail, Supermarket) — Forecast Till 2026

Vitamin D Therapy Market: Information by Route of Administration (Oral), Purchasing Pattern (Prescription), Application (Rickets, Osteoporosis), and Region — Forecast Till 2029

Naringin Extract Market: Information by Grade (Food Grade, Pharma Grade) Application (Pharma and Healthcare, Food and Additives), and Region — Forecast till 2029

Advertisement

Citric Acid Anhydrous Market: Information by Function (Antioxidant, Acidulant, Emulsifier, Preservative), Application (Food and Beverages, Pharmaceuticals), and Region — Forecast till 2029

Pet Food Ingredient Market: Information by Ingredients (Specialty Proteins, Amino Acids, Mold Inhibitors, Phosphates, Vitamins, Acidifiers, Carotenoids), and Region — Forecast till 2030

About Straits Research Pvt. Ltd.

StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.

Advertisement

For more information on your target market, please contact us below:

Phone: +1 646 480 7505 (the U.S.)

+91 8087085354 (APAC)

+44 208 068 9665 (the U.K.)

Email: [email protected]

Advertisement

Follow Us: LinkedIn | Facebook | Instagram | Twitter

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Transforming Real Estate: Deka Immobilien and BuildingMinds Join Forces to Create Centralized ESG Data Hub for Carbon Reduction

Published

on

transforming-real-estate:-deka-immobilien-and-buildingminds-join-forces-to-create-centralized-esg-data-hub-for-carbon-reduction

BERLIN, Oct. 7, 2024 /PRNewswire/ — Deka Immobilien is implementing a central ESG data platform for its entire global real estate portfolio with BuildingMinds, the GRI winner of Proptech of the Year 2024. In the future, all stakeholders, from property and asset management to portfolio management, will be able to make data-driven decisions in real-time concerning the buildings and their CO2 emissions. At the same time, the created database will become the central supplier for Deka Immobilien’s ESG reporting activities.

The BuildingMinds platform is intended to serve as a control instrument, primarily for reducing the CO2 emissions of existing buildings.
A good, reliable database is the starting point for a well-founded reduction of CO2 emissions. BuildingMinds supports Deka Immobilien by providing structured data collection methods for energy and media consumption that meet the demands of a global real estate portfolio with varying requirements in individual countries and across different types of building usage. In addition, ESG-relevant documents such as energy certificates, green building certificates, and other expert opinions can be linked to each building. Enriched by a data quality assurance process, including a digitized, comprehensible filling of any data gaps, the platform becomes the “single-source-of-truth” for planning and reporting systems at Deka Immobilien.
The acquired database will become a central component in creating transparency around Deka Immobilien’s actions and the foundation for meeting European ESG reporting requirements. The BuildingMinds platform is integrated into Deka Immobilien’s reporting processes and also supports evaluations regarding the taxonomy conformity of the portfolio.
In the active asset management of the properties, the platform is used as an optimization tool. In the future, property, asset, and portfolio managers should be able to validate planning decisions based on real-time data. Benchmarks for energy and CO2 emissions can be used to analyze individual assets and entire portfolios. Targeted action plans can be evaluated in terms of their impact on energy, CO2 emissions, investment, and operating costs, allowing the path to achieving climate goals to be aligned with the fiduciary responsibility towards investors.
About BuildingMindsFounded in 2018 and fully funded by the Schindler Group, BuildingMinds is a software-as-a-service (SaaS) provider for the real estate industry, offering a comprehensive, data-driven platform for improving building performance. Using innovative technologies and analytics, BuildingMinds enables property owners and managers to efficiently monitor, assess, and optimize their portfolios and assets. This supports the development of a more sustainable and data-driven transformation in the real estate industry.
International Press Enquiries: Peter PanayiHead of Go-To-Market & Global Communicaions+44 [email protected]
Logo – https://mma.prnewswire.com/media/2523442/BuildingMinds_GmbH_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/transforming-real-estate-deka-immobilien-and-buildingminds-join-forces-to-create-centralized-esg-data-hub-for-carbon-reduction-302267841.html

Continue Reading

Artificial Intelligence

Racing Legend Jacques Villeneuve Engages CYPFER to Embolden Cybersecurity & Digital Resilience

Published

on

racing-legend-jacques-villeneuve-engages-cypfer-to-embolden-cybersecurity-&-digital-resilience

Villeneuve Looks to Be a Living Demonstration of Futurizing Racing Brands and The Business of Motorsports
MIAMI, LONDON and TORONTO, Oct. 7, 2024 /PRNewswire/ — Jacques Villeneuve, former Formula 1 World Champion and current F4 team owner, announced today the strategic partnership with Daniel Tobok, CEO of CYPFER, as Chief Cyber Intelligence Advisor for Villeneuve’s racing teams.

“The integration of advanced technology in motorsports demands equally advanced cybersecurity measures,” says Daniel Tobok, CEO of CYPFER. “With Jacques Villeneuve’s teams pushing the limits of innovation, we are dedicated to protecting their digital infrastructure, ensuring data integrity, and maintaining competitive advantage,” states Tobok.
The motorsports industry is increasingly reliant on digital technology, from car telemetry to race strategy simulations. According to a report by Cybersecurity Ventures, the cybercrime epidemic is predicted to cost the world $10.5 trillion annually by 2025, with the sports sector being a significant target due to its high-profile nature and valuable data.
“Racing at the highest levels requires not only physical and mechanical excellence but also digital security,” says Jacques Villeneuve. “Partnering with CYPFER gives us the confidence that our sensitive data, from race strategies to telemetry, is secure from cyber threats. This collaboration is a crucial part of our commitment to our core mission: winning races and pushing the boundaries of what’s possible in motorsports,” concludes Villeneuve.
“Entering the world of motorsports with Jacques Villeneuve is an exciting milestone for CYPFER,” shares Tobok. “Jacques’ legacy in racing and his forward-thinking approach make him an ideal collaborator. We are ready to safeguard his teams’ digital assets and contribute to their continued success,” concludes Tobok.
About CYPFER
CYPFER is on a global mission to help companies create Cyber Certainty™. With an experienced  team of incident responders, threat researchers, seasoned ransom experts, and data restoration experts, CYPFER is the trusted firm for leading law firms, insurance carriers and  global organizations. CYPFER’s cybersecurity professionals are located across the US, Canada,  UK, and Caribbean. The CYPFER team is ready to respond and help clients experiencing cyber attacks 24x7x365. CYPFER’s experts provide white-glove service and aim to restore Cyber Certainty™ for all clients on every engagement.
CYPFER’s core services include:
Ransomware Advisory Incident Response Services with specialized expertise in ransomware response and  recoveryOn-site and/or remote post-breach restoration support to augment internal teamsCYPFER is headquartered in Miami, FL. The company currently employs 140+ cybersecurity experts and has supported clients across six continents. CYPFER is executing plans to expand across the globe and boast a workforce of 200 cybersecurity professionals by the end of 2024.
For inquiries, please contact our PR Team at [email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/racing-legend-jacques-villeneuve-engages-cypfer-to-embolden-cybersecurity–digital-resilience-302268233.html

Continue Reading

Artificial Intelligence

Sinch Honored with Frost & Sullivan’s Enlightened Growth Leadership Award

Published

on

sinch-honored-with-frost-&-sullivan’s-enlightened-growth-leadership-award

Recognized for Commitment to Making the World a Better Place Through Innovative Growth, Customer Value, and Sustainable Business Practices
STOCKHOLM, Oct. 7, 2024 /PRNewswire/ — Sinch (Sinch AB (publ) – (XSTO: SINCH), which is pioneering the way the world communicates through its Customer Communications Cloud, is pleased to announce that it has been awarded the Enlightened Growth Leadership Best Practices Recognition by the Frost & Sullivan Institute. This prestigious award celebrates Sinch as a Company of Action, for demonstrating best practices in its growth journey, while aligning with Frost and Sullivan’s “innovation to zero” initiative, which focuses on addressing global challenges through sustainable and responsible business practices.

In addition to its sustainability efforts, Sinch was recognized for its technology leadership, leveraging innovations like its cloud-based infrastructure for scalability and cost efficiency, and its API-first approach for rapid integration and customization. AI capabilities are embedded across Sinch’s entire portfolio, enhancing customer experience and operational efficiency, further solidifying its position as a leader in communication technology. The award acknowledges companies that drive significant economic impact and drive transformation, with Sinch advancing toward a future where environmental responsibility and business success are seamlessly aligned.
Sinch was specifically recognized for its dedication to the Science Based Targets initiative aimed at meeting the Paris Agreement’s 1.5°C goal. The company proactively assesses the environmental impact of its products and emphasizes responsible business practices that minimize waste and pollution.
“We are honored to be recognized for our commitment to sustainable growth, innovation, and our dedication to our employees, partners and customers,” shared Jonathan Bean, Chief Marketing Officer at Sinch. “This award reflects our focus on enhancing the customer experience by fostering a culture of responsibility, excellence, and forward-thinking. It also serves as a reminder of our ongoing commitment to reducing our environmental impact, fostering inclusive workplaces, and upholding the highest standards of ethical business practices with our customers and partners,” added Bean.
Sinch believes in the power of communication as a force for good and recognizes its responsibility to lead by example, especially as it powers billions of engagements each year. The company’s Environmental, Social, and Governance (ESG) initiatives are closely aligned with its core values, ensuring that its innovations and strategies not only connect people but also contribute to a sustainable and equitable future.
For further information, please contact:  Janet Lennon, Director of Global Communications [email protected]
This information was brought to you by Cision http://news.cision.com
 

View original content:https://www.prnewswire.co.uk/news-releases/sinch-honored-with-frost–sullivans-enlightened-growth-leadership-award-302268634.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending