Artificial Intelligence

The Maize Oil Market is expected to hit USD 9.1 Bn by 2029 at a CAGR of 6.8 percent – says Maximize Market Research

Published

12 months ago

May 15, 2023

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Pune, May 15, 2023 (GLOBE NEWSWIRE) — The Maize Oil Market is segmented into Type, Distribution Channel, Industry Vertical, and Application for the analysis of the market. The Maize Oil Market is expected to grow at a rapid pace during the forecast period, thanks to the consumption of processed food and Edible products. This increased demand for Maze Oil due to the increasing awareness about balancing cholesterol and the healthcare industry is also expected to drive the Maize Oil Market.

A global Food & Beverage research and business-consulting firm, Maximize Market Research, has published a market intelligence report on the “Maize Oil Market”. The report is a combination of primary data and secondary data and domain expert has analyzed the Maize Oil Market from a local as well as a global point of view. Over the forecast period, Maximize Market Research expects the market to grow from USD 5.71 Bn in 2022 to USD 9.1 Bn in 2029 at a CAGR of 6.8 percent.

Maize Oil Market Report Scope and Research Methodology

Market Size in 2022	USD 5.71 Bn.
Market Size in 2029	USD 9.1 Bn.
CAGR	6.8 percent (2023-2029)
Forecast Period	2023-2029
Base Year	2022
Number of Pages	276
No. of Tables	116
No. of Charts and Figures	114
Segment Covered	Type, Distribution Channel, Industry Vertical, and Application
Regional Scope	North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage	Market Share, Size & Forecast by Revenue \| 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/187337

The report offers a quantitative analysis of the current drivers, restraints, trends, estimations, and opportunities in the Maize Oil market, providing insights into prevailing opportunities during the forecast period. PORTER’s five forces analysis evaluates the profit-oriented strategic decisions and supplier-buyer networks of market participants. In-depth analysis, market size, and segmentation aid in determining the current market potential. The report provides a comprehensive analysis to stakeholders interested in investing in the global Maize Oil market, encompassing past and current market scenarios with forecasted size. It includes strategic profiling of key players, analyzing their core competencies, growth strategies, and market presence to guide investors. Mergers and acquisitions are among the strategies employed by players to expand market share and seize growth opportunities.

Maize Oil Market Overview

Maize Oil is a common ingredient made from the grainy portion of maize kernels known as the endosperm. The corn germ is dried in a kiln, and the oil is extracted by either a hydraulic or a screw press. The Maize Oil market is increasing at a significant rate due to its wide range of applications in food, healthcare, and industrial use. The report shows descriptive data and pictographs on regional as well as global Maize Oil Market analysis. The report adds to Maize Oil Market’s objectives. It includes leading competitors and their market value with their current trending skims, strategies, targets, and products. The report put light on the Maize Oil market’s recent growth as well as its informative past.

Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/187337

Maize Oil Market Dynamics

The demand for healthy food products and their beneficial components is driving the growth of the global Maize Oil market. Maize Oil manufacturers, including Cargill, are investing in R&D to enhance the quality and functionality of their clean-label Maize oils. They are also adopting sustainable practices and sourcing materials from sustainable sources to meet the demand for eco-friendly products. Cargill’s SimPure line offers clean maize oils that are made from natural ingredients and free from artificial additives. They are working with farmers to source non-GMO corn to cater to consumers seeking natural and non-genetically modified ingredients. The growth of the food and healthcare industry, especially in developing countries, is driving the demand for Maize Oil. Additionally, the increasing popularity of convenience foods and ready-to-eat meals contributes to the market’s expansion.

Maize Oil Market Regional Insights

The North American Maize Oil market is projected to grow at a CAGR of 15.1% during the forecast period, driven by the United States’ significant corn production and cost-effective manufacturing process due to low raw material costs. Advanced technology and R&D facilities further contribute to market growth. The introduction of innovative products like clean labels and non-GMO Maize Oil caters to evolving customer demands in the food industry. Increasing population and disposable income in the region lead to higher consumption of processed and convenient foods, driving the demand for Maize Oil. The Asia Pacific region dominates the global Maize Oil market, accounting for over the total market share. The food industry in Asia Pacific extensively utilizes Maize Oil as a food ingredient, healthcare product, and skin care product in various products. China, Japan, and Thailand are major producers, and multinational companies like Cargill, ADM, and Tate & Lyle have a strong presence in the market. Competition is high in China, influenced by government policies and regulations.

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/187337

Maize Oil Market Segmentation

By Type:

• Edible Maize Oil

• Non-edible Maize Oil

In 2022, the segment of modified Maize Oil accounted for the largest share of revenue, comprising 12%. The segment is projected to witness further growth in the upcoming years due to several factors. Firstly, there is a rising demand for convenience foods, which is driving the need for ingredients like modified Maize Oil.

By Application:

Residential
Commercial

Maize oil has been used in the commercial segment more than the residential segment as maize oil has health benefits and helps in food as well as the facial care industry. As the Commercial segment is more dominant and raised the growth of the Maize Oil market.

By Distribution Channel:

Supermarkets & Hypermarkets
Convenience Stores
Online
Others

By Industry Vertical

Food & Beverage
Food Processing
Restaurants &Food Service Providers
Pharmaceutical Industry
Livestock
Others

Maize Oil Key Competitors include:

Abu Dhabi Vegetable Oil Company LLC.
Archer-Daniels-Midland Company
Associated British Foods
Bluecraft Agro
Cargill Inc
Grain Processing Corporation
Greenfield Specialty Alcohols
Ingredion Incorporated
Richardson International
Roquette Freres
Manishankar Oils Private Limited
Haridraa Industries
Kush Proteins Private Limited
Liable Essential Oil Products Private Limited
Shree Uday Oil & Foods Industries

On May 2, 2023, Piyush Goyal announced that India is expected to achieve a 20 percent ethanol-blended petrol target by 2025 in which maize crops will play an important role. Further, they said ethanol is a “sunrise sector” and asked the industry to set up factories for manufacturing this green fuel which can operate on dual feedstock that is sugarcane and food grains.

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/187337

Key questions answered in the Maize Oil Market are:

What is the Maize Oil Market?
What was the Maize Oil Market size in 2021?
What is the expected Maize Oil Market size during the forecast period?
What are the global trends in the Maize Oil Market?
What are the major restraints for the Maize Oil Market?
Which segment dominated the Maize Oil Market growth?
What is the demand pattern for the Maize Oil Market?
What growth strategies are the players considering to increase their presence in the Maize Oil Market?
What are the upcoming industry applications and trends for the Maize Oil Market?
Who are the leading companies and what are their portfolios in the Maize Oil Market?
Which region dominates the largest market share in the Maize Oil Market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application, and Industry Vertical
Market Segmentation – A detailed analysis by Type, Application, and Distribution Channel
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

Maximize Market Research is leading Consumer Food & Beverages research firm, has also published the following reports:

Sesame Oil Market – The market size is expected to reach USD 6.96 Bn by 2029 at a CAGR of 6.1 percent during the forecast period. The market is expected to be driven by people becoming progressively adapting to processed fast food.

Organic Olive Oil Market – The market size is expected to reach USD 17.83 Bn by 2029 at a CAGR of 3.29 percent during the forecast period. The market is expected to be driven by increasing consumers’ inclination toward healthy food driving the market by increasing consumer demand for healthier and sustainable food products.

Corn Fiber Market – The market size is expected to reach USD 2100 Mn by 2029 at a CAGR of 13 percent during the forecast period. The market is expected to be driven by Consumer attitudes on nutrition changing, and there is an increase in demand for high-quality ingredients, which are expected to favor market growth.

Cornmeal Market – The market size is expected to reach USD 972.64 Bn by 2029 at a CAGR of 3.9 percent during the forecast period. The market is expected to be driven by the increase in adopting healthy food as cornmeal is gluten-free in nature as this factor to drive the Corn Meal Market.

Sunflower Oil Market – The market size is expected to reach USD 29.19 Bn by 2029 at a CAGR of 5.2 percent during the forecast period. The increasing demand for sunflower oil in various applications and the rising usage of sunflower oil in cosmetics are the major drivers for the Sunflower Oil market, this is driving the demand for starch recovery system components.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Artificial Intelligence

Wego and Tourism Authority of Thailand Partner for The Fourth Consecutive Year, Showcasing the Beauty of Thailand

Published

20 mins ago

April 25, 2024

CISION (PR Newswire)

wego-and-tourism-authority-of-thailand-partner-for-the-fourth-consecutive-year,-showcasing-the-beauty-of-thailand

DUBAI, UAE, April 25, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination.

Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Over the past campaigns, Wego and the Tourism Authority of Thailand have successfully amplified Thailand’s appeal as a top travel destination, reaching millions of travelers and driving significant interest in visiting the country. From its pristine beaches and vibrant cities to its lush jungles and cultural heritage sites, Thailand offers an array of experiences that cater to every traveler’s preferences.
“We are delighted to continue our partnership with the Tourism Authority of Thailand for the fourth consecutive campaign,” said Mamoun Hmedan, Chief Business Officer, Wego. “Thailand is a beloved destination for travelers worldwide, and we are committed to showcasing its beauty and diversity through our platform. Together with the Thailand Tourism Board, we look forward to inspiring even more travelers to explore all that Thailand has to offer.”
The success of the previous campaigns underscores the effectiveness of Wego and the Thailand Tourism Board’s collaborative efforts in promoting Thailand as a must-visit destination. By leveraging Wego’s extensive reach and innovative marketing capabilities, the partnership aims to further elevate Thailand’s profile and attract more travelers to experience the magic of the Land of Smiles.
“We are thrilled to continue our partnership with Wego for the fourth campaign,” said Mr. Chaiwat Tamthai, Director of TAT Dubai office. “Thailand offers an unparalleled travel experience, from its stunning beaches and vibrant cities to its rich cultural heritage. Through our collaboration with Wego, we are excited to showcase the beauty of Thailand to travelers in the MENA region and invite them to discover the wonders of our country.”
As travelers seek unforgettable experiences and breathtaking landscapes, Wego and the Tourism Authority of Thailand are committed to showcasing Thailand’s unique charm and allure, inviting travelers to embark on an unforgettable journey to this enchanting destination.
About Wego
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
Wego was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.

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View original content:https://www.prnewswire.co.uk/news-releases/wego-and-tourism-authority-of-thailand-partner-for-the-fourth-consecutive-year-showcasing-the-beauty-of-thailand-302126080.html

Artificial Intelligence

Building Energy Management Systems Market Projected to Reach $67.69 billion by 2030 – Exclusive Report by 360iResearch

Published

2 hours ago

April 25, 2024

CISION (PR Newswire)

PUNE, India, April 24, 2024 /PRNewswire/ — The report titled “Building Energy Management Systems Market by Component (Hardware, Services, Software), Type (Integrated Building Energy Management Systems, Standalone Building Energy Management Systems), Application, Deployment Mode, End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $34.52 billion in 2023 to reach $67.69 billion by 2030, at a CAGR of 10.09% over the forecast period.

“Revolutionizing Energy Efficiency Globally With The Evolution of Building Energy Management Systems (BEMS)”
In an era where energy conservation and efficiency have become paramount, building energy management systems (BEMS) are at the forefront of this transformation, offering solutions that monitor, control, and optimize energy usage within buildings. These advanced systems, leveraging real-time data analytics, automate energy control, enhance energy savings, reduce costs, and contribute to a greener planet. Primarily utilized in commercial spaces, residential areas, and industrial sectors, BEMS has a broad application scope, covering HVAC, lighting, and security systems. Factors driving the expansion of the BEMS market include escalating energy expenses, heightened awareness of environmental impacts, and the increasing incorporation of Internet of Things (IoT) and cloud-based technologies, coupled with supportive government initiatives promoting energy-efficient infrastructures. Although challenges such as high initial costs and technology integration barriers exist, the advent of AI and IoT technologies within BEMS heralds a future of predictive energy management and remote operational capabilities, with a growing emphasis on integrating renewable energy sources. Regions such as the United States, Canada, the European Union, and emerging economies such as China and India are witnessing significant growth in BEMS adoption, spurred by regulatory policies and a shift towards sustainable building practices. This global movement toward BEMS signals a step toward reducing carbon footprints and highlights the collective effort to embrace technology for a sustainable future.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Harnessing Energy Management for Sustainability and Efficiency”
Data centers are pivotal infrastructures in the digital transformation era, consuming up to 50 times more energy than typical commercial spaces. This energy demand positions data centers as key contributors to the U.S.’s overall electricity consumption. Recognizing this, implementing building energy management systems (BEMS) is crucial in mitigating the environmental impact and operational costs associated with data centers. BEMS optimizes cooling systems to prevent equipment overheating, thereby enhancing energy efficiency by leveraging real-time data. Such systems reduce the power usage effectiveness (PUE) ratio, highlighting a move toward more sustainable consumption patterns and ensuring data centers’ operational continuity. Integrating seamlessly with existing infrastructure, BEMS offers a comprehensive approach to energy management, enabling more innovative cooling, efficient power usage, and predictive maintenance. This transition highlights a commitment to environmental responsibility and fosters operational efficiency, setting a new standard for data center operations worldwide.
“Revolutionizing Building Efficiency With Advanced Energy Management Systems Optimized Usage”
In push toward sustainability, building energy management systems (BEMS) stands at the forefront of innovation, integrating sophisticated hardware such as sensors, actuators, controllers, and more to manage and reduce energy consumption in buildings meticulously. These systems work in concert to monitor environmental conditions and adjust heating, ventilation, and air conditioning (HVAC) settings in real time, leading to significant energy savings. BEMS provides valuable data that helps identify savings opportunities, while networking tools ensure seamless communication between devices by precisely tracking energy flow through meters. Servers process vast amounts of data, enabling detailed analysis and actionable insights to refine energy use further. Additionally, comprehensive services, including customized consultations and dedicated support, ensure that each BEMS is tailored to a building’s unique needs, providing efficient operation and extended system longevity. BEMS exemplifies the strategic shift toward more sustainable and operationally excellent building management through the collaborative synergy of hardware, software, and expert services.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Schneider Electric SE at the Forefront of Building Energy Management Systems Market with a Strong 13.97% Market Share”
The key players in the Building Energy Management Systems Market include Schneider Electric SE, Honeywell International Inc., Azbil Corporation, Emerson Electric Co., Johnson Controls International PLC, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Building Energy Management Systems Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Building Energy Management Systems Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Building Energy Management Systems Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/building-energy-management-systems
“Dive into the Building Energy Management Systems Market Landscape: Explore 180 Pages of Insights, 566 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsBuilding Energy Management Systems Market, by ComponentBuilding Energy Management Systems Market, by TypeBuilding Energy Management Systems Market, by ApplicationBuilding Energy Management Systems Market, by Deployment ModeBuilding Energy Management Systems Market, by End-UseAmericas Building Energy Management Systems MarketAsia-Pacific Building Energy Management Systems MarketEurope, Middle East & Africa Building Energy Management Systems MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
Related Reports:
Home Energy Management System Market – Global Forecast 2024-2030Energy Management System Market – Global Forecast 2024-2030Intelligent Building Automation Technologies Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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Artificial Intelligence

Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets

Published

6 hours ago

April 24, 2024

CISION (PR Newswire)

terra-drone,-unifly,-and-aloft-launch-utm-development-for-aam-targeting-global-markets

TOKYO, April 25, 2024 /PRNewswire/ — Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV (“Unifly”) and Aloft Technologies Inc. (“Aloft”) focused on UAS Traffic Management (UTM) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.

The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050 (1), with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies proudly announce initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities. The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Recognizing the evolving needs of the AAM industry, they are dedicated to extending their platform by incorporating crucial additional functions. These enhancements, designed with automation at their core, aim to streamline operational efficiencies and pave the way for the integration of their increasingly automated UTM technology into the design and operational framework of AAMs. Through these efforts, they aim to set new standards in UTM and to facilitate the seamless integration of eVTOLs and drones into the national airspace, bolstering the potential for the AAM industry.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
Notes to Editor:
Research by Morgan Stanley in a report titled “eVTOL/Urban Air Mobility TAM Update: A Slow Take-Off, But Sky’s the Limit” https://advisor.morganstanley.com/the-busot-group/documents/field/b/bu/busot-group/Electric%20Vehicles.pdf]
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