Zaya Roy

According to the latest report by IMARC Group, titled “Edible Packaging Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”,the global edible packaging market exhibited XX growth during 2015-2020 and expects the market to grow at a CAGR of XX% during 2021-2026. Edible packaging is made from natural, plant-based, and biodegradable materials. Unlike its plastic-based counterparts, this can be consumed without unpacking and throwing away the package. Edible packagings are mainly used to prevent food contamination caused by oxygen, solute, moisture, etc. They also inhibit microbial growth or unwanted chemical reactions, eliminate waste, enhance food quality, extend the shelf life of a product, etc. As a result, edible packaging is widely utilized by various end-user industries, including pharmaceuticals and food and beverages. We are regularly tracking the direct effect of COVID-19 on the market, along with the ... Continue reading →

The global insurtech market exhibited strong growth during 2015-2020 and expected to grew at a CAGR of around 15% during the next five years. Report Metric Historical: 2015-2020 Base Year: 2020 Forecast Year: 2021-2026 Insurtech, or insurance technology, refers to the use of technological innovations to garner savings and efficiency in the insurance industry. It is utilized to increase the efficiency in the operations of the insurance company by identifying the risks related to the business operations, market, liquidity, counterparty, and credit. Insurtech also simplifies financial transactions and enhances the functionality of the payment processes. It uses Big Data and artificial intelligence (AI) to optimize the pricing mechanisms and offer insurance-related services. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Insurtech Market Trends: The ... Continue reading →

According to the latest report by IMARC Group, titled “Food Service Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”,The global food service equipment market size reached a value of US$ XX Billion in 2020 and expects the market to grow at a CAGR of XX% during 2021-2026. Food service equipment includes the tools, utensils, crockery, and cutlery that help in preparing, storing, and serving food. It is usually available in numerous types according to food service areas. For instance, storage racks, trolleys, measuring cups, etc., are used for food storage. Food service equipment also includes modular gas, fryers, wet grinders, molding machines, etc., which are utilized to prepare and cook food items. Presently, automated multi-use equipment finds extensive applications for making food at home or restaurants while reducing human efforts and time. We are regularly tracking the direct effect ... Continue reading →

According to the latest report by IMARC Group, titled “Online Grocery Market Trends: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global online grocery market expected to grow at a CAGR of around 25% during 2021-2026 Online grocery is the purchasing and selling of fresh and packaged grocery items through mobile apps or e-commerce websites. It includes a wide variety of products, including fresh fruits and vegetables, dairy cereals, drinks, snacks, seafood, meat, and other cooking essentials. The online grocery portals enable the consumer to choose from flexible payment options, access various products, select delivery slots, and track the delivery process.  As a result, online grocery shopping has gained immense traction, particularly among the urbanized and millennial population across the globe. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated ... Continue reading →