Rockville, Nov. 02, 2022 (GLOBE NEWSWIRE) — The acidified whey protein market study published by Fact.MR provides a detailed outlook of key factors promoting demand and sales in the market. The report also offers insights into the trends, opportunities, and recent developments across key geographies and segments including nature, form, and application for the forecast period (2022-2032).
Fact.MR – A Market Research and Competitive Intelligence Provider: The overall demand in the acidified whey protein market is expected to increase from US$ 136 Billion in 2022 to US$ 330 Billion in 2032. Sales in the market are projected to expand at an impressive 8.3% CAGR between 2022 and 2032.
Growth in the global acidified whey protein market is primarily underpinned by rising demand for protein-rich food & beverage items to combat obesity. As protein helps in the management of weight, consumers are increasing the protein intake through a variety of food products.
As per Fact.MR, the U.S. is expected to be the leading country in the global acidified whey protein market. However, with growing number of fitness enthusiasts along with rising consumption of protein rich food in India and China, key players are expected to witness remunerative growth prospects in East & South Asia markets.
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Further, inclination towards multi-components food & beverage products due to growing prevalence of obesity and other lifestyle disorders is propelling the demand for protein-packed items. Hence, key players are leveraging their wide range of products to capitalize on increasing demand for acidified whey proteins. As acidified whey protein is the liquid by-product developed from strained yogurt, use of it in food products is providing numerous health benefits.
Hence, increasing consumption of Greek yogurt, especially across the U.S., is expected to create conducive environment for the key players. Gym-enthusiasts are inclining towards acidified whey protein food products for weight management and to improve metabolism.
Another factor spurring the growth in acidified whey protein market is rising clean label trend and inclination towards food products free from artificial ingredients and preservatives. On the back of these aforementioned factors, the demand in the acidified whey protein market is expected to surge by 2.4x during the forecast period (2022-2032).
- North America is predicted to dominate the global acidified whey protein market through 2022 & beyond.
- Nearly 85% of revenue is likely to be contributed by the U.S. in North America acidified whey protein market.
- India acidified whey protein market held more than 1/3rd of demand share in Asia Pacific.
- China accounted for nearly 3 out of 5 sales in East Asia acidified whey protein market in 2021.
- Based on form, the isolates segment held nearly 57.3% of share and the trend is likely to continue over the forecast period.
- In terms of application, ready to drink beverages segment is expected to dominate the global market over the upcoming decade.
- Rising prevalence of obesity is likely to improve the demand for acidified whey protein for weight management.
- Growing demand for protein-rich food products, especially across Japan, India, the U.S., and Korea will drive the sales in the market.
- Increasing research and development activities among key players to capitalize on growing demand for protein-packed food will aid the growth in the market.
- High doses or intake of acidified whey protein might cause some side effects such as acne, increased bowel movements, headache, and reduced appetite, likely to impede the sales.
- Increased research and development cost to develop high concentrates of whey proteins might restraint the growth in low-and middle-income economies.
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Key acidified whey protein manufacturers are leveraging inorganic and organic growth strategies such as product launches and brand endorsement to stay ahead in the competition. They are also relying on joint partnerships and collaborations with end users to expand their product portfolio and customer base.
- In 2021, Arla Food Ingredients Innovation Center, announced the launch of new whey protein hydrolysate ingredient for patients with mal-digestion and mal-absorption. The company also became the first supplier with commercial production capacity of pure BLG (beta-lactoglobulin).
- In September 2022, Dyet Nutrition, introduced a wide range of protein products to expand its product portfolio such as whey protein concentrates in vanilla and chocolate flavors and multivitamins as well.
Key Companies Profiled by Fact.MR
- Glanbia Plc
- Grande Cheese Company
- Fonterra Co-operative Group Limited
- Arla Food Ingredients Group
- Milk Specialties
- Milei Group
More Valuable Insights on Acidified whey protein Market
In the latest study, Fact.MR offers an unbiased analysis on global acidified whey protein market for the projection period of 2022 to 2032. This study also highlights key factors impacting the sales of acidified whey protein with analysis across below segments:
- Organic Acidified Whey Protein
- Conventional Acidified Whey Protein
- Ready-to-Drink Beverages
- Ready-to-Drink Powders/ Powder Drink Mixes
- Nutritional Products
- Acidic Beverages
- Functional Beverages
- Juice Drinks
- Protein Bars
- Protein Supplements
- Baked Goods
- Confectionery & Desserts
- Snacks and Cereals
- Ice Cream
- Coffee Creamers
- Other Applications
- North America
- Latin America
- Asia Pacific
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Key Questions Covered in the Acidified whey protein Market Report:
- What will be the estimated size of the acidified whey protein market in 2022?
- At what rate will the global acidified whey protein market grow until 2032?
- Which are the factors hampering the growth in the acidified whey protein market?
- Which region will lead the global acidified whey protein market in the next decade?
- Which are the factors driving the acidified whey protein market during the forecast period? What is the expected market value of the acidified whey protein market during the forecast period?
Explore Fact.MR’s Coverage on the Food & Beverage Domain
Protein Packed Foods Market: The global protein packed foods market is likely to grow at a steady pace owing to the growing prevalence of obesity coupled with consumption of protein-rich food for weight management. With growing awareness regarding the benefits of protein, consumers are extensively using protein packed food to combat a range of lifestyle diseases such as obesity, thyroid, and others.
Protein Ice Cream Market: The global protein ice cream market is likely to grow at a CAGR of 11% during the forecast period from 2021 to 2031. Increasing number of health-conscious consumers are adopting healthy lifestyle such as gluten-free food, diet-food, and protein-rich food products. Hence, to capitalize on this existing trend, ice cream manufacturers are using protein content in a variety of ice-creams.
Soy Protein Hydrolysate Market: Sales in the soy protein hydrolysate market are likely to reach US$ 1.64 Billion by 2031. Demand in the market is set to grow at 5% CAGR during the assessment period of 2021-2031 owing to rising intake of soy protein to manage chronic diseases along with growing prevalence of lactose intolerance across the globe.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That’s why focus on offering insights that can actually make a difference to bottom-lines.
Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership.
Confluence former executive joins fintech Premialab
James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab. He brings extensive client engagement expertise in investment analytics and data for the institutional investment community.
LONDON, Feb. 27, 2024 /PRNewswire/ — Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab’s pension funds, foundations, endowments, and insurance clients.
Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, “I am delighted to welcome James to the team. His appointment confirms our commitment to delivering first-class service to our customers across global locations. His experience in maximizing the value derived from investment analytics will be invaluable in serving our clients as we continue scaling our activities worldwide.”
Commenting on his appointment, James Carrington said, “I am delighted to have joined the Premialab team. Their innovative solution makes a real difference to institutional investors looking at quant investments. The evolution of Premialab over the last number of years has been something that I have followed closely, and I am looking forward to working with the team to further support our customer base across our established and emerging demographics.”
The announcement follows recent senior appointments at Premialab, including Philippe Jacson, former BNP Paribas, Merrill Lynch and MSCI executive; Daniel Fields, former Global Head of Markets at Societe Generale; John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.
Recognized as the reference for data and risk analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading asset managers, insurance companies and pensions funds, accelerating their digitalization and enhancing performance and risk control while reducing costs. The platform’s client AUM is representing an estimated USD$10 trillion.
Premialab is an independent platform providing data, analytics and risk solutions on systematic and factor-based strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.
With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date risk premia dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.
View original content:https://www.prnewswire.co.uk/news-releases/confluence-former-executive-joins-fintech-premialab-302071655.html
Axon Technologies and Keyrus Announce Strategic Partnership to Elevate Cybersecurity Business
Keyrus Acquires Minority Stake in Axon Technologies, adding Axon’s Cybersecurity Portfolio to Keyrus Solutions, and Expanding Keyrus Reach across Middle East and Africa
PARIS and DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ — In a significant development in the cybersecurity sector, Keyrus, an international leader in data intelligence and digital transformation, has announced the acquisition of a minority stake in Axon Technologies, a premier provider of cybersecurity services based in Dubai, UAE. This strategic investment marks a major milestone in Keyrus’ cybersecurity strategy, signalling an ambitious step towards establishing a global cybersecurity powerhouse.
Strategic Expansion and Enhanced Cybersecurity Solutions
The collaboration between Keyrus and Axon Technologies is set to revolutionize the cybersecurity landscape in the Middle East and Africa, particularly with Keyrus’ entry into the lucrative Saudi Arabian market. This move enables Keyrus to pursue its investment in a newly formed cybersecurity business, offering enhanced data security solutions to both existing and new clients.
Eric Cohen, Founder and CEO of Keyrus, expressed his enthusiasm: “This investment in Axon Technologies marks a significant step in our cybersecurity strategy. We’re embarking on an exciting journey to amplify our cybersecurity capabilities and establish a world-class global player in this domain. Axon Technologies’ innovative approach to consulting and managed services aligns perfectly with our vision and culture. We eagerly anticipate integrating Axon into our ecosystem to bolster our cybersecurity solutions and address the digital security challenges of our clients.”
Hadi Hosn, CEO of Axon Technologies, also shared his thoughts: “This partnership marks a new era for Axon Technologies, propelling us further in our mission to protect organizations from cyber threats. We admire the Keyrus vision and believe that our combined strengths will lead to disruptive data and cybersecurity solutions, addressing critical challenges in digital identity, application security, API, and data security across various environments and industries.”
Hadi Darwiche, Chairman of DIV Capital & Co-founder of Axon Technologies: “It’s gratifying to see Axon Technologies grow from a concept into a key player in the cybersecurity field. With Keyrus joining forces with us, we anticipate a period of sustained growth, leveraging our combined experience and established reputations. We are confident that together, Axon Technologies will continue to extend its market presence and deliver top-tier solutions.”
Comprehensive Cybersecurity Portfolio and Global Reach
In a relatively short period, Axon Technologies, founded in 2020, has emerged as a beacon of excellence and innovation in the cybersecurity field, demonstrating remarkable growth and agility in its operations. With a revenue of $3.2 million USD in 2023 and a projected substantial increase of the activities, it represents a testament to its robust business model, exceptional service delivery, and the trust clients place in Axon Technologies. The team made of 30 dedicated professionals is its most valuable asset. Axon Technologies commits to growing its team, fostering a culture of innovation, collaboration, and continuous learning.
Axon Technologies, renowned for its expertise in cybersecurity, will now be able to leverage Keyrus global presence and capabilities. With headquarters in Dubai and a significant footprint in the Middle East, Europe and Africa, Axon Technologies is well-positioned to monitor threats and support client cybersecurity programs across these regions effectively. With the backing of Keyrus’s global network, Axon Technologies is poised for unprecedented growth and are dedicated to setting new standards in the cybersecurity landscape.
The partnership is also expected to enhance the offerings of both companies. Axon Technologies’ expertise in Data Security, Cloud Security, DevSecOps and Managed Security Services aligns seamlessly with the Keyrus strategic objectives in digital, data, AI and cloud transformation initiatives.
About Axon Technologies
Axon Technologies offers comprehensive cybersecurity services including consulting, managed security services, engineering, and testing. The company is a leader in addressing critical infrastructure customers’ cybersecurity needs, from strategic consulting to hands-on management and technical security engineering support and managed security services, ensuring a robust and comprehensive approach to cybersecurity. The company’s service portfolio includes:
Technical Security Consulting & Advisory: Guidance and expertise for technical cybersecurity programs.Advanced Security Testing: Rigorous cybersecurity testing across the environment to identify and address vulnerabilities.Security Engineering & Architecture: Designing and implementing robust security architectures across on-premises and cloud environments.Managed Security Services: Ongoing management and support of cybersecurity operations. About Keyrus
Keyrus, an international player in the consulting and technology sectors and a specialist in data and digital technology, is dedicated to helping enterprises take advantage of the data and digital paradigm to enhance their performance, facilitate and accelerate their transformation, and generate new drivers of growth and competitiveness.
Placing innovation at the heart of its strategy, Keyrus develops a value proposition that is unique in the market and centred around five major service groups, each comprised of multiple solutions:
Automation and Artificial IntelligenceHuman-Centric Digital ExperienceData and Analytics enablementCloud and SecurityBusiness transformation and InnovationBuilding on the combined expertise of more than 3,500 employees active across 27 countries and 4 continents, Keyrus is one of the leading international experts in data, consulting and technology.
Keyrus is listed on Euronext Growth Paris. (ALKEY – ISIN Code: FR0004029411 – Reuters: KEYR.PA – Bloomberg: ALKEY: FP).
About DIV Capital
DIV Capital, originally starting as a family office, now operating as a strategic investment holding firm, specializing in bespoke advisory services. The firm focuses on fortifying family capital through comprehensive offerings that encompass support for early-stage enterprises, strategic asset allocation, and robust governance infrastructure development. The firm operates out of Geneva and Dubai and provides three core services:
Family Asset Support: Tailored support to construct an asset allocation that meets wealth goals.Family Financial Sponsorship: Reinforcement for family-operated businesses, aimed at fostering enduring value creation.Governance and Reporting: Consultation on governance frameworks and the enhancement of reporting standards for comprehensive asset oversight.Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Axon Technologies, Keyrus or DIV Capital do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the companies and the affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
Contact: [email protected]
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NDC Group and Valantic form a strategic partnership in EPM solutions
PRAGUE, Feb. 27, 2024 /PRNewswire/ — NDC Group, a leading company in enterprise performance management (EPM) consultancy and data analytics is pleased to announce a strategic partnership with valantic, renowned digital solutions, consulting, and tech innovation company. Through this partnership, the companies aim to offer a joint portfolio of solutions and services in SAP planning and analytics.
Central to this collaboration is the delivery of NDC Financial Consolidation, which offers an automated and streamlined approach to legal and managerial consolidation. While the solution draws inspiration from the concept and functions of previously popular SAP consolidation solutions, it utilizes the modern technologies to enhance automation, performance, user experience, and seamless data integration.
The partnership also gives the chance to offer additional products, including SAC workforce planning content, SAP BusinessObjects migration accelerators, and pre-built content for SAC financial planning. Overall, the combined expertise and product offering enhance the ability of both companies to support customers in driving data-driven transformations within their organizations.
Stefan Blinkmann, Head of SAP Analytics at valantic, emphasizes: “We are very pleased about our new partnership, and we are convinced that our customers will benefit greatly from it. Above all, the NDC Group’s products create added value in the area of consolidation based on SAP Analytics Cloud, and they expand valantic’s range of services. An integrated solution for reporting, planning, and consolidation in SAP Analytics Cloud provides multiple benefits for our customers and enables them to streamline their system landscape.”
Karel Jirik, Head of Products at NDC Group, is also convinced of the benefits of this collaboration: “Our partnership with valantic is an excellent opportunity to leverage the synergies between our teams to streamline and transform our customers’ data landscape. The jointly offered EPM solutions enable precise and swift decision-making and enhance operational efficiency, crucial elements in today’s competitive landscape. I’m particularly pleased we found a lot of commonalities with valantic, and I am convinced together we can deliver better solutions in a shorter time.”
Vladislav Stefanak, CEO of NDC Group, reflects on the partnership’s potential: “This partnership embodies my vision of equipping our clients with advanced functionalities reminiscent of those found in SAP BPC and SAP Financial Consolidation, yet significantly enhanced by leveraging top-tier SAP technologies. Our collaboration with valantic commenced with remarkable synergy from the outset, underpinned by their extensive expertise and knowledge base.”
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View original content:https://www.prnewswire.co.uk/news-releases/ndc-group-and-valantic-form-a-strategic-partnership-in-epm-solutions-302064148.html
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