Nata De Coco Market Size, Demand & Industry Growth by Fact MR The global nata de coco market (Marché Nata De Coco) is projected to reach US$ 1.35 billion by the conclusion of 2033. This represents a notable advancement, with a compound annual growth rate (CAGR) of 5.3% expected from 2023 to 2033. The general public's perspective of human health and modern diets has altered considerably in recent years. People favor fast food that is low in nutrients, notably dietary fiber, as their lifestyles change. The shortage of dietary fiber is one of the factors contributing to the increasing incidence of various diseases such as colon cancer, coronary heart disease, obesity, diabetes, etc. As a result, efforts to introduce fiber-rich functional meals must be encouraged. Nata, a high-fiber food, can be utilized as an alternative fiber source. Want Full Report? Enquire Here-https://www.factmr.com/report/nata-de-coco-market Nata de coco is a Filipino specialty prepared from fermented coconut water and often served as a dessert. It develops into a jelly-like substance with a chewy, soft, and gelatinous texture after days of fermentation. Plain nata de coco is pale white and nearly translucent in color, with a neutral flavor, and is typically sliced into large cubes. Nata de coco first appeared in the Philippines and quickly spread throughout Southeast Asia. It is now available in a variety of shapes and flavors, and while it can be eaten pure, it is more commonly found in fruit salads, ice cream, yogurts, and drinks.

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Mexico Set to Witness Rapid Surge in Demand for Enterprise Asset Management Solutions in Future The increasing usage of enterprise asset management for the effective utilization of assets and the growing requirement for reducing the operating costs are the main factors fueling the popularity of enterprise asset management solutions in North America. Enterprise asset management solutions for the optimum asset utilization include maintenance agreement management, asset inventory tracking, tracking of invoice charges and meter readings, analysis of funding and invoice information, and the examination of trends in excess charges and invoice payments. With the help of such solutions, the enterprise asset management system creates various dedicated reports that allow the decision-makers to compare the predicted billing and invoice amounts and view each group of assets or asset to identify unusual activities for reducing the incidence of frauds, abuse, and waste. Besides these, enterprise asset management solutions also allow businesses to reduce the operational costs by increasing the return on investment (ROI) from equipment and plant. Read More: https://www.psmarketresearch.com/market-analysis/north-america-enterprise-asset-management-market

Increasing Construction of Skyscrapers Propelling Geotechnical Instrumentation and Monitoring Market Expansion From $3.1 billion in 2018, the geotechnical instrumentation and monitoring market is predicted to reach a revenue of $6.1 billion by 2024. According to the forecast of the market research organization, P&S Intelligence, the market will progress at a CAGR of 11.8% from 2019 to 2024. The market is being driven by the booming construction sector all over the world. Additionally, the increasing focus of the governments of several countries on developing sustainable infrastructure and rapid urbanization are also driving the growth of the market. With rapid urbanization, the number of infrastructural development projects is rising. Moreover, many countries are making huge investments in these projects in order to cater to the needs of a booming population. For instance, an overall investment of $11 trillion was made in the global construction industry in 2017, and this is predicted to rise to $13.5 trillion by the end of 2024. The expansion of the construction industry is being propelled by the surging number of infrastructural development projects in countries, such as the U.S., India, and China. Besides, the construction of skyscrapers in several countries, on account of the growing migration of people from rural areas to cities and rapid urbanization, is also fueling the growth of the geotechnical instrumentation and monitoring market. This is because geotechnical instruments are needed in the planning phase of skyscrapers in order to determine the specifics regarding the foundation of these structures. According to various reports, around 55% of the global population resided in urban areas in 2018, and this share is predicted to rise to 68% by 2030. Depending on component, the market is divided into services, software, and hardware. Out of these, the services category held the largest share in the market in the past, and it is predicted to contribute the highest revenue to the market in the upcoming years as well. This is credited to the burgeoning requirement for these services for continuously monitoring critical structures in the energy and power sector. Additionally, the rising focus on monitoring old and critical structures, such as dams, because of the implementation of strict safety regulations by several governments, is also positively impacting the growth of the industry. Across the world, the Asia-Pacific (APAC) region is predicted to be the fastest-growing region in the geotechnical instrumentation and monitoring market in the coming years. This is attributed to the surging number of infrastructural development projects in regional countries, such as India and China. Moreover, China is making huge investments for countering the effects of the economic slowdown. For instance, the Chinese government has given approval to 27 projects and invested $219.4 billion in these projects since 2018. Therefore, it is safe to say that the demand for geotechnical instrumentation and monitoring services will surge in the coming years, primarily because of the increasing number of construction and infrastructural development projects in various countries around the world. Read More: https://www.psmarketresearch.com/market-analysis/geotechnical-instrumentation-and-monitoring-market

Automotive Electronics Sales Set to Climb in Asia-Pacific (APAC) in Coming Years Automotive electronics are key components of automobiles and therefore, the mushrooming sales of automobiles are positively impacting the requirement for automotive electronics across the globe. According to many reports, automotive electronics nowadays account for nearly 35% of the total cost of an automobile as compared to their share of only 5% of the total price of a vehicle in 1970. Furthermore, as per the predictions of the industry experts, this share will grow to 50% by 2030, which will, in turn, lead to huge revenue generation from the sales of these electronics systems. In the recent times, there has been a drastic rise in the sales of automobiles throughout the globe, primarily because of the rapid growth of the automotive industry in several countries and the surge in the disposable income of the people, especially in the developing nations around the world. Moreover, the sales of vehicles will push up in the future years, which will consequently boost the sales of various automotive components such as electronics. As per the findings of the Organisation Internationale des Constructeurs d'Automobiles (OICA), global vehicle sales increased at a CAGR of 1.8% between 2014 and 2018. The organization also found that 95.1 million automobiles were sold across the world in 2018. Furthermore, the growing popularity of electric and autonomous vehicles will lead to a sharp rise in the sales of automotive electronics in the coming years. Besides the burgeoning sales of vehicles, the growing requirement for efficient and safe automobiles is also fueling the worldwide demand for automotive electronics systems. The rising incidence of road accidents has considerably boosted the popularity of vehicles equipped with various safety systems such as advanced driver assistance system (ADAS). In addition to this, the governments of many countries are increasingly implementing regulations that mandate the installation of safety systems in vehicles because of the rising prevalence of road crashes. These factors are bolstering the requirement for automotive electronics as these devices are widely used in the vehicular safety systems. Hence, with the growing customer preference for vehicles equipped with safety systems and the increasing sales of automobiles in many countries, the global automotive electronics market will exhibit huge expansion in the forthcoming years. Electronic control units (ECUs), current carrying devices, and sensors are the major automotive electronics components used across the world. Out of these, the sales of the current carrying devices will rise rapidly in the upcoming years. The demand for sensors will also increase significantly in the near future, on account of the increasing incorporation of position and temperature sensors in automobiles. Position sensors are extensively used as they are essential components of clutch plates, hybrid engines, pedals, and steering. Globally, the Asia-Pacific (APAC) automotive electronics market will be very prosperous in the future, as per the forecast of P&S Intelligence, a market research firm based in India. This is credited to the booming automobile sales in various APAC nations such as South Korea, India, Indonesia, and China. Additionally, the presence of several manufacturing plants of some of the major automobile manufacturing companies in the world is fueling the sales of automotive electronics in this region. Further, the increasing popularity of electric vehicles in the APAC countries is pushing up the requirement for vehicular electronics systems in the region. Hence, with the ballooning sales of vehicles, the increasing customer preference for automobiles equipped with safety systems, and the rising adoption of electric and autonomous vehicles, the demand for automotive electronics will surge all over the world in the forthcoming years. Read More: https://www.psmarketresearch.com/market-analysis/automotive-electronics-market

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