Agricultural Biologicals Testing Market Analysis with Forecast | 2016 – 2021

According to the report “Agricultural Biologicals Testing Market By Product Type (Bio Pesticides, Biofertilizers, Bio Stimulants), Application (Field Support, Analytical, Regulatory), End User (Biological Product Manufacturers, Government Agencies, Other End Users), And Region – Global Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2016-2021)” published by Market Data Forecast, the Global Agricultural Biologicals Testing Market was worth USD 0.68 Billion in 2016 and is expected to reach 1.12 Billion USD by 2021 with a CAGR of 10.4 %.

Agricultural biologicals are typically topical or seed treatment products produced using or containing natural materials, which can complement or replace Agricultural chemical products. They shield crops from pest, weeds and sicknesses and keep crops Healthy. Biological Testing means to find efficacy, toxicity, stability and concentrations of natural materials before letting them into the field.

Some of the factors like high production of organic crops, use of stringent regulation policies in agriculture, and increased expenditure on R&D by biological product manufacturers are primarily driving the growth of the market.

Agricultural Biologicals Testing Market is segmented based on Product type, Application and End User. Based on Product Type, Market is segmented into Bio pesticides, Biofertilizers, and Bio stimulants. Based on Application, Market is segmented into Field Support, Analytical, and Regulatory. Based on End Users, Market is Segmented into Biological Product Manufacturers, Government Agencies, Other End users. Bio pesticides is the largest segment in by product type due to the shift in use towards these products from hazardous agrochemicals.

Geographically, this market is further segmented in to North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America is projected to be the fastest growing market due to the high adoption rate in agricultural field. Europe was the largest market in 2015 as it has prominent users of Agricultural Biologicals Testing for compliance requirements.

This report also includes a study of marketing and development strategies of leading companies such as SGS S.A., Eurofins Scientific SE, Biotechnologies BT, SynTech Research, RJ Hill Laboratories Ltd., Staphyt SA, Anadiag Group, I2L Research, Apal Agricultural Laboratory, Laus GmbH, and Bionema Limited.

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Operating Room Equipment Market Value, Share, Size and Growth to 2021

According to the report “Operating Room Equipment Market By Type (Anesthesia Machines, Electrosurgical Units. Multi-Parameter Patient Monitors, Surgical Imaging Devices (Mobile C-Arms, Mini C-Arms), Operating Room Lights, Operating Tables (General Operating Tables, Specialty Operating Tables)), & By End-User (Hospitals, Outpatient Facilities), And By Region – Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the Global Operating Room Equipment Market was worth USD 25.26 billion in 2016 and estimated to be growing at a CAGR of 3.9 %, to reach USD 30.58 billion by 2021. The Operating Room Equipment market is showing evident potential in the mentioned forecasting period.

Operating room is a facility where all the operations are performed on patients in order to treat different pathological and physiological conditions in a sterile environment, operating rooms are also known as the operating suite or operation theatre. An operating room is prepared with technically advanced equipment that offers enhanced operational efficiency by enabling surgeons and other healthcare professionals with greater flexibility and ease of handling.

Some of the factors like technological advancement in healthcare sector, rise in the number of ambulatory surgical centers, increase in the number of surgery procedure, rise in the geriatric population and increase in the incidence and prevalence of chronic diseases are driving the market. But, high cost associated with latest medical device technologies acts as major restraint restraining the market.

The Global market for Operating Room Equipment Market is segmented on the basis of type and End User. The market segmentation on the basis of type is done under Anesthesia Machines, Electrosurgical Units. Multi-Parameter Patient Monitors, Surgical Imaging Devices, Operating Room Lights, Operating Tables. Surgical Imaging Devices is further segmented into Mobile C-Arms, Mini C-Arms. Operating tables is further segmented into General Operating Tables, Specialty Operating Tables. Based on end user, market is categorized into Hospitals, Outpatient Facilities.

The market share by type is dominated by Anesthesia devices. Hospitals are expected to command largest share of market by end user. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Operating Room Equipment market was dominated by North America, followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at highest CAGR during the forecast period.

Some of the major companies dominating the market are:

  • STERIS Corporation
  • Stryker Corporation
  • Drägerwerk AG & Co. KGaA
  • Getinge Group
  • Medtronic, Inc
  • Hill-Rom Holdings, Inc
  • Mizuho OSI
  • GE Healthcare
  • Philips Healthcare
  • KARL STORZ GmbH & Co. KG.

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Manufactured Soil (Soil Blends & Mixes) Market will reach USD 7.9 billion by 2021

According to the report “Manufactured Soil (Soil Blends & Mixes) Market by Brand (Super soil, Peaceful Valley Farm Supply, Ferry Morse Jiffy Mix), by Type (Garden Soil, Soil Mix, Manure & Compost), by Application (Cultivation, Lawns, Commercial Developments, Sports Fields, Green Spaces), and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Global Manufactured Soil (Soil Blends & Mixes) Market was worth USD 5.7 billion in 2016 and estimated to be growing at a CAGR of 6.75%, to reach USD 7.9 billion by 2021. The Manufactured Soil (Soil Blends & Mixes) market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the new innovations in the manufactured soil types.

Manufactured soil refers to a composition of different soils, soil components and other soil like materials used for the various purposes in horticulture and other applications like site restoration. The primary purpose of manufactured soil id to modify the properties of soil as per specific needs.

A recent innovation in manufactured soil type has been a crucial factor in driving the growth of the market over the years lately. Other major factors driving the market include, growth in lawn and garden consumables market, increase in demands for organic farming techniques, growing market for horticulture, government support and initiatives. Apart from these, the factors restraining the market growth include, lack in awareness about manufactured soil products, low adoption rate, infrastructure limitation in developing countries.

The Global market for Commercial Seaweeds is segmented on the basis of brand, type and application. The market segmentation on the basis of brand is done under super soil, peaceful valley farm supply, ferry morse jiffy mix. Based on type the market is segmented into garden soil, soil mix, manure & compost. On the basis of application, the market is segmented into cultivation, lawns, commercial developments, sports fields, green spaces.

On the basis of geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Manufactured Soil (Soil Blends & Mixes) market was dominated by North America, with the overall market share of over 35% globally. North America was followed by Europe and Asia-Pacific. The market is predicted to grow at a rapid pace, with Asia-Pacific leading the growth rate, in the coming few years.

Some of the major companies dominating the market are:

  • The Scotts Miracle-GRO Company
  • Boxley Materials Company Inc
  • Casella Organics Inc
  • Resource Management Inc. (RMI)
  • Tim O’Hare Associates LLP
  • Peaceful Valley Farm & Garden Supply
  • D. White Top Soil Company Inc.
  • Jiffy International as
  • Boughton Loam & Turf Management Limited
  • London Rock Supplies Limited

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Stun Gun Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Stun guns market refers to the business generated by the non-lethal conducted electrical weapons (CEWs) that are primarily utilized for the self-defense and law enforcement agencies. Ability to incapacitate the potential suspect through the delivery of high voltage electric shocks, with the prime motive of disrupting the muscle functions for small amount of time without causing substantial damage is expected to remain the primary growth driver of the industry over the forecast period.

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Increasing concerns and requirement of preparedness to counter the proliferating threats to women’s safety and irregular upsurge of civil riots are expected to drive the industry growth

Number of criminal and rape incidents, in most economies is among the primary concern of the government agencies. Some of the major economies that include Australia, U.S., New Zealand, Norway and France are among the developed economies that have the highest reported incidents per 100,000 citizens. According to the Nations Master crime and rape rate statistics, these countries had over 15 rapes per 100,000 inhabitants. Moreover, usage of lethal weapons is substantially discouraged for the personal protection and are significantly difficult to afford. Requirement of preparedness in case of threat to personal safety are expected to drive the overall industry growth through the next few years. Moreover, functionality of some of the products that feature usability in adverse weather conditions, when pepper sprays or other self-defense tactics prove inefficient, are expected to propel the adoption rates.

Stun Gun Market Taxonomy

On the basis of product types, the global stun gun market is classified into:

    • Compact
    • Heavy Duty
    • Stun Gun Flashlight / Taser Flashlight
    • Stun Baton
    • Other forms (wands, batons, electrified brass knuckles, “iphones”, or other concealed objects)

On the basis of end users, the global stun gun market is classified into:

    • Civilians
    • Military and Law enforcement

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Irregular possibilities of civil unrest and requirement to maintain the law and order without critical damage to the civilians will present considerable growth prospects

France, Argentina, Myanmar, Mexico, Bangladesh, and India are among the most civil unrest prone regions, owing to substantial number of news headlines associated with the civil riots. Moreover, some riots in these countries past have witnessed requirements of military interventions to ensure the peace. Recurring surfacing of such incidences are expected to be the most prominent stun gun market growth driver over the forecast period. Additionally these find significant applications for probes against convicts who are under the influence of alcohol and drugs, which reduces their sensitivity to pain.

Advent of CEWs that can monitor heart rates rhythms with featuring over 99.75% human life safety are gaining significant traction

In August 2016, Wake Forest Baptist Medical Center researchers successfully developed stun guns that was capable of recording the subject individual’s heart rhythm and rates and capability to avoid serious injuries and fatalities. Increasing incidences of the serious incidents owing to pre-medical conditions, when using these devices are doing the rounds in media. Moreover, these serious injuries and deaths often included other risk factors, including drug use. These developments will ensure the human life safety and drive the stun gun market.

Law enforcement agencies are anticipated to continue the industry dominance through the forecast period

Major factors driving the segment growth are the increasing adoption of stun guns by special police forces and law enforcement agencies in major countries such as the US, Australia, and Canada. Moreover, increased awareness in the developing and underdeveloped economies about the benefits of these devices will drive the overall product demands through the forecast period.

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U.S. accounted for the major global stung gun market share in 2016

High utilization of these devices in both the civil and law enforcement agencies was the primary growth contributor in the region. However, the country has witnessed significant increase in the malpractices of these equipment in domestic violence and fatal incidences due to inappropriate usage on pregnant women and child abuse will drive present considerable growth challenges to the industry growth

Industry is characterized by presence of large number industry participants offering extensive range of products and devices. Some of the key players in the stun gun market include Euro Security Products, MARCH, Nova Security, Shyh Sing Enterprise, TASER International, and Jiun An Technology.

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Egg Processing Market estimated to grow at a CAGR of 3.75% during 2016 to 2021

According to the report “Egg Processing Market by Type (Dried, Liquid, Frozen), by Application (Bakery, Confectionery, Dairy Products, Ready-to-eat, Soups & Sauces, Others), and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Global Egg Processing Market was worth USD 25.5 billion in 2016 and estimated to be growing at a CAGR of 3.75%, to reach USD 30.65 billion by 2021. The Egg Processing market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rise in the demand for processed egg products in the market.

The egg processing process involves, breaking, mixing, filtering, stabilizing, pasteurizing, blending, freezing, cooling and packaging. Egg products are an important part of the food & beverage industry, and thus egg processing is a really crucial process. These products are used as ingredients in bakery products and other products like pasta, noodles, salad dressing etc.

The market has seen rapid growth in the consumption of egg and its products which has in turn helped the market itself to show huge growth in recent years. Other major driving factors include, technological advancements, emerging markets, production of new products. On the counter side, the market faces challenges as well like, stringent food safety regulations, time consuming regulation policies, animal welfare regulatory policies. These factors have been holding the market back from reaching its true potential.

The Global market for Egg Processing is segmented on the basis of type and application. The market segmentation on the basis of type is done under dried, liquid and frozen. Based on application the market is segmented into bakery, confectionery, dairy products, ready-to-eat, soups & sauces. According to geographical analysis, the global market is divided under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Egg Processing market was dominated by North America, with the overall market share of over 34% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Some of the major companies dominating the market are:

  • Actini Group (Actini Sas)
  • Avril SCA
  • Cal-Maine Foods, Inc
  • Moba B.V
  • Eurovo S.R.L
  • Igreca S.A
  • Interovo Egg Group B.V
  • Bouwhuis Enthovan
  • Sanovo Technology Group

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Dairy Ingredients Market Value, Share, Size and Growth to 2021

According to the report “Dairy Ingredients Market by Form (Milk, Whey), by Type (Milk Powder, Whey Ingredients, Milk Protein Concentrates, Milk Protein Isolates, Lactose & Derivatives, Casein & Caseinates, Milk Protein Hydrolysates), by Application (Bakery & Confectionery, Dairy Products, Convenience Foods, Infant Milk Formula, Sports & Clinical Nutrition), and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Global Dairy Ingredients Market was worth USD 48 billion in 2016 and estimated to be growing at a CAGR of 5.56%, to reach USD 63 billion by 2021.

The Dairy Ingredients market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising awareness about health and wellness among people across the globe.

Dairy ingredients are one of the most important parts of the production of dairy and other food products. Their primary uses include enhancing the nutrition value, adding flavors and other functions like emulsification and solubility.

The dairy ingredients have a high potential in their applications in new products, and thus have shown a rapid growth over recent years. Other factors contributing to the growth of the market include, growing applications in nutrition and convenience foods, increase in demand for bakery products, increasing dairy production, emerging markets in various regions. The market faces some restraints as well, which include available alternatives like plant proteins, rising incidences of lactose intolerance and allergies, adulteration of dairy products. These factors are hindering the growth of the market.

The Global Dairy Ingredients Market is segmented on the basis of form, type and application. The market segmentation on the basis of form is done under milk and whey. Based on type the market is segmented into milk powder, whey ingredients, milk protein concentrates, milk protein isolates, lactose & derivatives, casein & caseinates, milk protein hydrolysates. On the basis of application, the market is segmented into bakery & confectionery, dairy products, convenience foods, infant milk formula, sports & clinical nutrition. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Dairy Ingredients market was dominated by Asia-Pacific, with the overall market share of over 50% globally. Asia-Pacific was followed by Europe and North America. Asia Pacific is predicted to grow at a rapid pace while Europe market is expected to be stagnant in the coming few years.

Some of the major companies dominating the Dairy Ingredients Market, by their products and services include Frieslandcampina, Fonterra Co-Operative Group Limited, Dairy Farmers of America, Arla Foods, Glanbia PLC, Euroserum, Groupe Lactalis, Saputo Inc., Devondale Murray Goulburn, Volac International Limited.

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Commercial Seaweeds Market Analysis with Global Forecast to 2021

According to the report “Commercial Seaweeds Market by Form (Flakes, Liquid, Powdered), by Type (Brown Seaweeds, Green Seaweeds, Red Seaweeds), by Application (Agriculture, Animal Feed, Food, Others), and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Global Commercial Seaweeds Market was worth USD 11.56 billion in 2016 and estimated to be growing at a CAGR of 9.25%, to reach USD 18 billion by 2021.

The Commercial Seaweeds market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the emergence of the market in the developed countries, which has been responsible for gaining interest from various companies.

Seaweed has a popular application as food in various countries all over the world, dating back as early as 4th century for its origin. Seaweeds are generally of three types, namely brown, green and red seaweeds, each being different based on their respective pigmentation.

Rising number of applications of commercial seaweeds has been a driving factor for the growth of the commercial seaweeds market. Apart from this, other drivers include increasing seaweed harvesting and usage, medical uses of a seaweed called spirulina, emerging seaweeds as snacks, application of seaweeds in bio-refining. The market faces some challenges and restraints as well, which include harmful effects of excessive use, natural calamities leading to decline in production. These factors have been holding back the market from its full potential.

The Global Commercial Seaweeds Market is segmented on the basis of form, type and application. The market segmentation on the basis of form is done under flakes, liquids and powdered. Based on type the market is segmented into brown seaweeds, green seaweeds, red seaweeds. On the basis of application, the market is segmented into agriculture, animal feed, food, others. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Commercial Seaweeds market was dominated by Asia-Pacific, with the overall market share of over 34% globally. Asia-Pacific was followed by North America and Europe. North America is predicted to grow at a rapid pace while Asia Pacific market is expected to be stagnant in the coming few years.

Some of the major companies dominating the Commercial Seaweeds Market, by their products and services include E.I. Dupont De Nemours and Company, Cargill Incorporated, Roullier Group, Compo Gmbh & Co. Kg, Biostadt India Limited, Acadian Seaplants Limited, Brandt, CP Kelco, Gelymar, Seasol International Pty. Ltd.

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Asia Teleshopping Market – Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

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Teleshopping market, also known as direct response television shopping (DRTV), refers to the activity of buying services and products through over the phone or internet, in response to the advertisement on the television. Product and service offerings include range of products for home and personal use, such as consumer electronic products, apparel, accessories, personal care products, healthcare products and home furnishings.

Exposure to large viewership and introduction of quality products are expected to provide major traction to the industry

Buying time slots on popular channels for infomercials that cater to large home audiences has led to increased product sales and high profit margins. Moreover, introducing high quality and branded products that can enhance consumer inclination will continue to provide significant boost to the market. Participants are increasingly involved in introduction of cutting edge products such as fitness products that can improve personal fitness with minimum efforts, consumables to improve health and accessories at highly competitive prices. Additionally, these products offerings are made highly attractive through associated benefit guarantees, cashback offers and other complementary products. The high visual impact created by product demonstrations that highlight the various unique features of the product has a greater influence on consumers, as compared to other advertising mediums such as A2P SMS or ecommerce websites are expected to drive the teleshopping market over the forecast period.

Asia Teleshopping Market Taxonomy

On the basis of operation type, the Asia Teleshopping market is classified into:

    • Dedicated Channels
    • Infomercials

On the basis of product type, the Asia Teleshopping market is classified into:

    • Consumer Electronics
    • Apparel & Accessories
    • Personal Care & Healthcare
    • Home Furnishings

On the basis of payment methods, the Asia Teleshopping market is classified into:

    • Cash on Delivery
    • Net banking
    • Mobile Wallet
    • Debit/ Credit Card

Availability of multiple payment options and presence of dedicated channels for teleshopping will present considerable growth opportunities over the forecast period

Various advancements in technology have led to development of multiple payment options such as internet banking, mobile wallet payment, debit cards, and credit cards. This has led to increased consumer spending capacity, owing to relative ease of transaction through means other than COD and enhanced security. Moreover, 24/7 broadcasting channels that are dedicated to teleshopping create a highly lucrative growth environment for the Asia teleshopping market. Some of these channels include Naaptol (India), HomeShop 18 (India), GS Home Shopping (South Korea), CJ Home Shopping (South Korea), CJ Wow Shop (Malaysia), and EZ Shop (Philippines).

Increasing number of websites and mobile applications are expected to challenge the overall market growth

Amazon, Taobao, FlipKart, Alibaba, Snapdeal, and Didi Kuaidi are few of the ecommerce businesses that have witnessed significant growth over the last few years. Ease of access through mobile devices, multiple mobile payment gateway channels and increased usage of phablets, laptops and desktops, are the major factors that have led to significant ecommerce business traction. This has led to significant loss of consumers for teleshopping market, primarily owing to increasing consumer inclination towards product-on-demand. This is expected consistently hamper the overall industry growth through the forecast period. Moreover, these networks have been associated with misleading consumers about the product features. This has led to significant loss of consumer trust in the product offerings, in turn creating a major challenge to the industry

Countries such as India, China, Malaysia, Philippines and Indonesia, where the internet proliferation is still in its nascent stage, owing to lack technological knowhow among its large consumer base is expected to provide significant growth prospects to the teleshopping market. Moreover, most emerging economies are characterized by large number of people relying on television as the only regular means of entertainment will aid the industry growth.

ShopChannel, China Shopping Network, Network18 (Homeshop18), Shop CJ, Naaptol, Zee Media Corporation Ltd., Telebrands Corp., are among the few major industry participants in Asia teleshopping market share. Along with introducing branded and quality products to enhance the business, participants are increasingly focusing on other communication channels to enhance the revenue. For instance, in April 2014, HomeShop 18 filed US$ 75 million IPO to gain an edge over online players. Moreover, other players are planning to enter the ecommerce space. HomeShop 18, Star CJ, and Naaptol have already entered the ecommerce segment for enhancement of the product sales.

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Applicant Tracking System (ATS) Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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Global Applicant tracking system (ATS) market encompasses the software application providers that enables electronic handling of staffing requirements. Depending on the requirements of the organizations, these can be accessed online or implemented on enterprise, or can be obtained freely and open sourced ATS available.

Collection, data mining and ability to automate the overall recruitment processes is expected to drive the industry growth

Considerable amount of time and efforts can be saved through implementation of ATS in the organizations. These software helps in better identification of talented candidates, through running an extensive automated search algorithms to suit the job profiles. Conventional software were primarily used to store, manage and track resumes which have considerably evolved with the growing next generation requirements. Trends such as job applications through mobile devices, video interviewing, candidate relationship management, and applying analytics for candidate sourcing in conjunction with conventional applicant tracking are expected to bolster the ATS market growth prospects through the forecast period.

Applicant Tracking System Market Taxonomy

On the basis of organizations, the global applicant tracking system market is classified into:

    • SMEs
    • Large enterprises

On the basis of deployments, the global applicant tracking system market is classified into:

    • Cloud
    • On-premises

On the basis of social media integration, the global applicant tracking system market is

    • Facebook
    • LinkedIn
    • Twitter
    • Others

Social media integration and capability to detect passive potential candidates will bolster the applicant tracking system market growth

Social media strategy techniques also help in increasing the probability of finding the suitable candidate, owing to increased viewership, expansion of referral networks through mutual sharing of job openings. Inadvertently this also lead to huge data traffic which can be easily handled through utilization of the software. Pertinent information such as employment history, educational qualifications, and employment status among many others can be easily retrieved through the candidate’s profile data. Moreover, social media integration also enable easy access through mobile platforms. Some e-recruiting solutions are also featured with applications such as sending text messages to applicants, provide updates, request necessary information and schedule interviews. Additionally, its application also includes detection of potential passive candidates and assisting the recruiter by adding the candidate into the employer’s online community to strategically market the employer’s brand.

Automatic elimination of resumes created in unusual or different formats is expected to be the major discrepancy of the software

Applicant tracking system operation is also attributed with certain functional drawbacks that includes lack of detection of potential candidates if the profile description is mentioned in different formats. Moreover, the detection capability of these systems is limited in pdf formats and lack in most of the graphical formats. This is expected to present challenge the industry growth over the forecast period.

Cloud segment dominated the industry applicant tracking system market share

Around 85% of the ATS market share was dominated by the cloud segment, also known as SaaS based service. Primary advantage of the solutions include provision of access to any user involved in the hiring processes and no requirement of addressing or managing the infrastructural problems. In conjunction with these advantages, low cost and increasing utilization of public, private and hybrid cloud applications, specifically in the U.S., Western Europe and emerging economies in Asia Pacific that includes China, India and Indonesia are expected to provide significant growth potential over the forecast period.

Major industry participants include ApplicantStack, Greenhouse Software, Lumesse, Hyrell, iCIMS, Workable, Bullhorn, IBM Kenexa, ClearCompany, SAP SuccessFactors, Findly, JobDiva, Oracle Taleo, Newton Software, Cornerstone OnDemand, Lever, and Workday. Introduction of enhanced functionality and lower discrepancies to garner high usability are expected to be part of the chief growth strategies over the next few years. For instance, in June 2017, RecruitBPM introduced its next generation ATS and CRM software few advancements to fit the needs of employment and staffing firms.

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Collagen Peptides Market worth will be USD 920 million by 2021, Says Market Data Forecast

According to the report “Collagen Peptides Market by Source (Pigskin, Poultry, Fish, Cattle Hide & Bone), Application (Snacks & Cereals, Beverages, Meat & Poultry Products, Dairy Products), and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Global Collagen Peptides Market was worth USD 655 million in 2016 and estimated to be growing at a CAGR of 7.05%, to reach USD 920 million by 2021.

The Collagen Peptides market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising potential in the emerging economies in various regions across the globe.

Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of the healthy nutrition. They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.

There are various factors which have been impacting the market growth over recent years. The factors having a positive impact are consumers’ preference towards healthy lifestyle, wide range of applications of collagen peptide as an ingredient in food industry. Besides, there are some factors which hinder the market growth as well, which include stringent government laws for animal origin additives, concerns regarding the depleting animal sources. These factors are responsible for holding the market down from its full potential.

The Global Collagen Peptides Market is segmented on the basis of source and application. The market segmentation on the basis of source is done under pigskin, fish, poultry, cattle hide & bone. Based on application the market is segmented into snacks & cereals, beverages, meat & poultry products, dairy products. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Collagen Peptides market was dominated by North America, with the overall market share of over 34% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Some of the major companies dominating the market, by their products and services include Darling Ingredients Inc., Weishardt Group, Tessenderlo Group, Cargill, Incorporated, Kewpie Corporation, Gelnex, Danish Crown A/S, Gelita AG, Italgelatine S.P.A., Lapi Gelatine.

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