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The Global Beer Market has worth US$ 610 Billion in 2020. The global beer market is projected to grow at a CAGR of 5.8% during the forecast period.

Top Key Players of Market consist of Anheuser-Busch InBev, Beijing Yanjing Brewery, Boston Beer Company, Carlsberg Group, Dogfish Head Craft Brewery, Diageo PLC, Heineken N.V., Sierra Nevada Brewing Co., Squatters Pub, and United Breweries Group.

 Oct 2020-AB InBev has reached another exciting circular packaging milestone - Their entire portfolio of iconic beers from Budweiser Brewing Group UK& InBev is now plastic-ring free. That means cans of Budweise, Bud Light, Stella Artois and Beck’s in the UK will now be packaged with alternatives like fully recyclable wraps and the KeelClip, a new technology which uses recyclable paperboard to create a lighter weight pack. Along with decreasing our usage of plastic shrink wrap, we will be eliminating 850 tonnes of plastic waste, the equivalent weight of 67 double decker buses, every year.  

 Oct 2020- Heineken N.V., is acquiring cider brand Strongbow from Asahi Group Holdings Limited (Asahi) in Australia, along with two other cider brands, Little Green and Bonamy’s. They will also gain the perpetual licenses on beer brands Stella Artois and Beck’s in Australia. The acquisition is subject to regulatory approval and comes after a successful bid for these brands when Asahi put them up for sale as a condition from the Australian Competition and Consumer Commission (ACCC) for their acquisition of Carlton & United Breweries (CUB).

 Oct 2020-The World Beer Awards are the global awards selecting the very best in all the international recognized styles award and promote the world’s best beers to consumers and trade across the globe. Several Carlsberg brands have taken podium places in this year’s World beer awards. 2,200 entrants from 50 countries participated this year and a smashing 23 awards were awarded to Carlsberg Group brands from all over the world. The two strongest performers were Grimbergen and HK YAU.

Based on type, the market is divided into lager, ale, stout & porter, malt, and others. By Packaging type it includes Glass, PET Bottle, Metal Can and Others. By Alcohol content it has High, Low and Alcohol-Free. By Region it has included North America, Europe, ASPAC and Middle East & Africa. Asia-Pacific has highest growth in the market. The market has witnessed a significant growth due to increase in demand from countries, such as India and China. A considerable increase in the consumption of beer has been observed in India due to growth in beer preferring youth population. Changes in lifestyles and consumer preferences considerably boost the adoption of beer in Asia-Pacific.

07 Dec 2020 By Pallavi . 1114

The global ERP Software Market was valued at $45.81 billion in 2020, and is projected to reach $78.40 billion by 2026, growing at a CAGR of 10.8% from 2021 to 2026.

Enterprise Resource Planning (ERP) software is a software platform that combines several business-critical software types in a single interface. ERP software often includes customer relationship management, accounting, core HR, and supply chain management features, but companies may also find custom module combinations to fit their needs.

Key Players in the market includes Plex System, Acumatica, Inc., Epicor Software Corporation, Unit4, Oracle Corporation, Rootstock Software, QAD, Inc., Sage Group plc. SAP SE and SYSPRO.

 Oct 2020- Plex System which delivers the first smart manufacturing platform, announced it was named a Leader in three IDC MarketScape reports: Worldwide SaaS and Cloud-Enabled Large Enterprise ERP Applications 2020 Vendor Assessment ( July 2020); Worldwide SaaS and Cloud-Enabled Medium-Sized/Midmarket Business ERP Applications 2020 Vendor Assessment ( July 2020); and Worldwide SaaS and Cloud-Enabled Small Business ERP Applications 2020 Vendor Assessment.

 Sept 2020- Acumatica, announced a significant increase in the investment and focus of its award-winning business management solution in the UK. Ranked highest in usability and customer satisfaction, Acumatica Cloud ERP is the leading alternative to legacy ERP solutions and Oracle/NetSuite. Now available in a UK datacenter, Acumatica Cloud ERP is prepared to meet the rising demand for its industry-specific products. As an ERP provider that is committed to selling solutions though a channel of high-quality and well-trained Value Added Reseller (VAR) partner.

 Oct 2020, Unit4, a leader in enterprise cloud software for  Service Orgnization, announced Unit4 ERPx its next-generation cloud Enterprise Resource Planning (ERP) solution for mid-market services organizations. ERPx delivers fully integrated ERP, HCM and FP&A, on a unified architecture, with rapid deployment and industry-specific innovations out-of-the-box.

By 2022, Gartner predicts that artificial intelligence (AI) will be integrated into ERP systems by 65% of CIOs. 53% of UK CIO's are looking for more intelligent ERP systems that include technology like machine learning, AI and automation.

By deployment, the market is segmented into cloud and on-premise. By function, the market is segmented into CRM, sales, accounting and finance, HR and others. By organization size, the market is segmented into SMEs and large enterprises. By vertical, the market is segmented into BFSI, manufacturing, IT, communication, retail, healthcare, aerospace & defense, education and others. By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.  Geographically, North America is expected to have huge market share and dominate the ERP market during the forecast period, by increasing the technology in cloud service across the US and Canada. APAC is expected to see potential growth opportunities in the ERP market, due to the wide presence of small and medium scale enterprises that are turning towards such hosted ERP solutions to efficiently manage their business processes, particularly in developing countries such as China and India.

 

 

07 Dec 2020 By Pallavi . 1114

The vertical farming market is projected to reach USD 7.6 billion by 2025 from USD 3.2 billion in 2020; it is expected to grow at a CAGR of 20.4% during the forecast period.

Major Players In the market is Sky Vegetables, Vertical Harvest, Garden Fresh Farms, Alegria Fresh, Urban Crops, FarmedHere, Home Town Farms, Gotham Greens, Uriah’s Urban Farms, Greener Roots Farm, Sundrop Farms, Metro Farms, Infinite Harvest, Farmbox, Indoor Harvest, AeroFarms, Lufa Farms, Green Sense Farms, Ecopia Farms, Beijing IEDA Protected Horticulture, TruLeaf and Green Spirit Farms. 

 July 2020-Born from the creative minds of a group of women in Jackson Hole, Vertical Harvest became the first vertical greenhouse in the United States. In the last four years, Vertical Harvest has perfected the urban farm model and will bring their second location to Westbrook, Maine. The project will start construction in 2021 in partnership with the City of Westbrook.  Vertical farming is a growing industry that uses environmentally sound practices to produce nutrient-dense food grown locally year-round, and yields more crops per-square-foot than traditional farming. Vertical Harvest has a company mission to grow both food and futures.

  • In April 2020, AeroFarms has announced that it is set to build a 90,000 square foot indoor vertical farm in Abu Dhabi, UAE, as part of USD 100 million AgTech investments by Abu Dhabi Investment Office (ADIO).
  • In March 2020, Signify expanded its collaboration with Planet Farms (Italy), a European operator of vertical farms. Under this agreement, Signify will provide horticulture LED grow lights to an additional five vertical farms that Planet Farms is planning to build in several European countries in the coming years, including Switzerland and the UK.
  • In January 2020, Osram launched the new generation of the Oslon Square Hyper Red with a wavelength of 660 nm, which is the flagship product in Osram Opto Semiconductors’ comprehensive horticulture portfolio.
  • In January 2020, Freight Farms and Sodexo (France), a food services and facility management company, entered into a partnership to facilitate schools and universities across the US with advanced hydroponic vertical farming technology.
  • Aug 2020- Vertical: The Future of Farming follows a new generation of urban, indoor farmers, whose approach to food production offers the potential to combat climate change while feeding hundreds of millions. From New York City, to Portland, Oregon to Singapore, these farmers are turning agricultural conventions on their head by utilizing vertical space in cities, rather than expansive rural fields. The result, according to retired Columbia Professor Dickson Despommier, represents the “next evolutionary jump in humanity’s quest for a reliable, sustainable food supply.”

The market segmentation of vertical farming crop market divided on the types, application and region. By type it included Aeroponics, hydroponics and Aquaponics. By application it consists of Vegetables, flowers and Plants. The regional segmentation of the market includes North America, Europe, Asia-Pacific, and LAMEA. The European vertical farming market is expected to grow at the highest CAGR during the forecast period, owing to growth in concern over availability of water in certain parts, majorly in central and southern regions, rise in demand of organic food, and requirement of ensuring urban food security.

03 Dec 2020 By Pooja Deshmukh 1114

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