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Eequine serum, also known as horse serum, is defined as a nutrient-rich fluid that is derived from the blood of controlled donor horse herds. However, this serum does not contain red blood cells or any other clotting components that the blood of horse (or any living creature) contains. Equine serum is used for manufacturing many medicines as well as vaccines. The demand for equine serum being generated from veterinary doctors as well as doctors providing medical treatment to humans showcase substantial growth opportunities for global equine serum market in the future years. However, series of concerns pertaining to the allergic reactions that can be caused by equine serum is restricting the market growth. Due to a high-rate of allergic reactions in humans, many manufacturers often avoid using equine serum. This allergy is often called “serum sickness.” However, some manufacturers are still using equine serum for manufacturing anti-venoms.

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Regarding investment on equine serum for manufacturing vaccine against COVID-19, Indian Council of Medical Research (ICMR) has invited bids from pharmaceutical manufacturers. ICMR is planning to grant a non-exclusive license to the manufacturer who wins the bid, a royalty of 5% on sales of equine serum to use and practice the licensed technology to manufacture, sell and commercialize this product. The serum is being used for manufacturing many animal vaccines and human vaccines. In Argentina, the use of medicines made from equine serum is proving to be effective in COVID treatment. The members of ICMR are discussing plans to approve the use of equine serum in India. In India, preliminary studies on equine serum indicated that it was capable of producing the required antibodies that could fight the SARS-CoV-2 virus (coronavirus) infection. Equine serum also contains antibodies that can be used for the treatment of snakebite. Plans to use equine serum as an alternative to convalescent plasma are being discussed in the Union Health Ministry of India. Hence, intensified investments towards production of human vaccines for COVID-19 showcases huge opportunity for the global equine serum market.

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Equine serum is defined as blood serum derived from horse. Different types of equine serum contain monoclonal antibodies or polyclonal antibodies. These antibodies can spread passive immunity to prevent many diseases via blood donation (plasmaphoresis). For example, transfusion of a passive antibody called convalescent serum from a previous human survivor was considered to be the only known effective treatment for ebola infection with a high success rate where 7 out of 8 patients survived.

Many factors are driving the global equine serum market but the most important factors are increasing adoption of organic farming among farmers and advancements in integrated pest management solutions. Modern crop protection products are being used continuously and extensively to eliminate or reduce pest infestation. Hence, pests have developed resistance to conventional crop protection products. Along with fetal bovine serum (FBS), equine serum is also being used as an important source of nutrients for in vitro cell growth. High cost associated with the manufacturing and storage of equine serum is impeding the growth of global equine serum market. Keeping the serum under certain kind of temperature to avoid contamination is essential. Storage of serum during its transfer from manufacturers to research institutions (pharmaceutical manufacturing companies) is also necessary.

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A comprehensive research study titled Food Automation Market has recently been added by Absolute Markets Insights to its extensive repository. The statistical data is compiled by means of qualitative and quantitative research methodologies which help to make informed business decisions. The report also sheds light on the different dynamics of the business such as drivers, restraints, and opportunities. Additionally, it also offers analytical data of trading attributes like local consumption, global consumption, import, and exports. The base year considered for the study is 2015-2030 and the forecast period for this publication is 2021-2030. The entire demand-supply chain has also been exclusively examined by researchers.

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The food automation market is witnessing a notable growth. Primary reason for this is rising demand for ready-to-eat and packaged food as well as beverages. The requirement for food automation varies as per the business requirements. On one and where a carbonated beverage company uses automation technology for beverage production as well bottling, a bakery plant may use the technology for dough preparation, product processing as well as packaging. The use of food automation and robot operating systems makes food processing and packaging easier as well as increases productivity and food safety.

In terms of revenue, the global food automation market stood at around US$ 9,247.1 Mn in 2018 and is anticipated to reach US$ 16,674.4 Mn by 2027, expanding at a CAGR of 6.8% during the forecast period.

Some of the major market players operating in the food automation market are ABB Group, Benchmark Automation LLC, Emerson Electric Co., FANUC CORPORATION, Fortive, GEA Group Aktiengesellschaft, Kollmorgen.

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 Key Findings:

·         On the basis of food industry, the beverages segment was relatively larger in 2018 and will grow at a higher of CAGR 7.8% during the forecast period.

·         On the basis of application, the packaging segment accounted for the largest market share in 2018 and will grow at CAGR 7.7% during the forecast period.

·         In global food automation market, Europe has the largest market share. The region held a share of 37.15% in 2018 owing to significant presence of food, confectionery and bakery companies.

·         Some of the major market players operating in the food automation market are ABB Group, Benchmark Automation LLC, Emerson Electric Co., FANUC CORPORATION, Fortive, GEA Group Aktiengesellschaft, Kollmorgen, Matrix Technologies, Inc, McEnery Automation, Mitsubishi Electric Corporation, NORD Drivesystems Pvt. Ltd. Olympus Automation Limited, Premier Automation, Rexnord Corporation, Rockwell Automation Inc, Schneider Electric, Siemens AG, YASKAWA Electric Corporation, Yokogawa Electric Corporation amongst others.

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A comprehensive research study titled Global Human services software market has recently been added by Absolute Markets Insights to its extensive repository. The statistical data is compiled by means of qualitative and quantitative research methodologies which help to make informed business decisions. The report also sheds light on the different dynamics of the business such as drivers, restraints, and opportunities. Additionally, it also offers analytical data of trading attributes like local consumption, global consumption, import, and exports. The base year considered for the study is 2015-2030 and the forecast period for this publication is 2021-2030 The entire demand-supply chain has also been exclusively examined by researchers.

Some of the players operating in the human services software market are Accenture, IBM Corp Infosys Public Services, SAP SE and Social Solutions

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A comprehensive research study titled Pre-Need Death Care Market has recently been added by Absolute Markets Insights to its extensive repository. The statistical data is compiled by means of qualitative and quantitative research methodologies which help to make informed business decisions. The report also sheds light on the different dynamics of the business such as drivers, restraints, and opportunities. Additionally, it also offers analytical data of trading attributes like local consumption, global consumption, import, and exports. The base year considered for the study is 2015-2030 and the forecast period for this publication is 2021-2030. The entire demand-supply chain has also been exclusively examined by researchers.

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The global geographical regions such as North America, Latin America, Asia-Pacific, Africa, and Europe are further considered for the study of dynamic aspects of the businesses. Several top-level key players are further enlisted in order to offer in-depth knowledge and informative data of companies. Some of the key players are profiled in this research report, which includes Mutual Life Insurance Company, Funeral Directors Life Insurance Co. Different industry analysis tools such as SWOT and Porter’s five-technique are also used while analyzing the global Pre-Need Death Care Market.

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Astonishing growth in Pre-Need Death Care Market was valued at USD 28.09 billion in 2018 and expected to reach a value of USD 41.17 billion by 2027 at a CAGR of 4.3%

A comprehensive research study titled Pre-Need Death Care Market has recently been added by Absolute Markets Insights to its extensive repository. The statistical data is compiled by means of qualitative and quantitative research methodologies which help to make informed business decisions. The report also sheds light on the different dynamics of the business such as drivers, restraints, and opportunities. Additionally, it also offers analytical data of trading attributes like local consumption, global consumption, import, and exports. The base year considered for the study is 2015-2030 and the forecast period for this publication is 2021-2030. The entire demand-supply chain has also been exclusively examined by researchers.

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The global geographical regions such as North America, Latin America, Asia-Pacific, Africa, and Europe are further considered for the study of dynamic aspects of the businesses. Several top-level key players are further enlisted in order to offer in-depth knowledge and informative data of companies. Some of the key players are profiled in this research report, which includes Mutual Life Insurance Company, Funeral Directors Life Insurance Co. Different industry analysis tools such as SWOT and Porter’s five-technique are also used while analyzing the global Pre-Need Death Care Market.

Furthermore, the report also presents a holistic snapshot of the global Pre-Need Death Care Market business sector. To understand the global Pre-Need Death Care Market clearly different verticals are examined by the researchers. The report also provides significant economic facts with regards to terms of pricing structures, profit margin, and market shares. To present data accurately, the study also makes use of effective graphical presentation techniques such as tables, charts, graphs, and pictures. The report further also underlines highlights recent trends, tools and technology platforms which are helping to increase the performance of the companies.

Favorable subsidies from the various governments as well as crowd funding for funeral expenses is another trend in the pre-need death care industry. These authorized bodies provide subsidies for the regions especially where cases of deaths were unexpected. For instance, according to the data published by America's Debt Help Organization, the U.S. government pays for post-death activity related expenses and contribute to cremation costs. U.S. resident and the recipient of Medicaid benefits are eligible to receive up to US$ 1,500 toward funeral costs. Worldwide growing trend towards the cremation as well as customized service requirements among the customers is fueling growth of the global pre-need death care market. Traditionally, funeral directors have provided goods and services for funeral, while cemeteries have provided goods and services for burials. But as of now, funeral directors as well as cemeteries can provide goods and services for funeral and burials. Hence, customers are preferring an all in one service, from a single player that offers all the benefits together.

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The analysts have distributed the global Pre-Need Death Care Market into several regions such as North America, Latin America, Asia-Pacific, Africa, and India for a detailed market study. The financial aspects of the business are also meticulously studied referring to several attributes such as price, profit margins and sales by regions during the forecast period 2020-2027.

Key Findings of the Report:

·         In terms of revenue, global pre-need death care market is expected to reach US$ 41,171.0 million by 2027 owing to increasing demand for premium death care services

·         The market is poised to witness strong growth over the forecast period owing to awareness created by market players through various marketing activities

·         Based on region, Europe is expected to maintain its lead in market share compared to other regions due to increased disposable incomes

·         Some of the prominent players operating in the pre-need death care market include Mutual Life Insurance Company, Funeral Directors Life Insurance Co., Funeral Services, Inc., Funeralwise, LLC, Global Atlantic, Homesteaders - Life Company & others

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Pre-Need Death Care Market:

·         By Services

§  Insurance

o   Lump Sum

o   Monthly Pay

§  Funeral Trust

§  Marketing

§  Coaching and Recruiting

·         By End User

§  Cemeteries

§  Funeral Homes

§  Memorials

§  Individuals

·         By Geography

§  North America

·         U.S.

·         Canada

§  Europe

·         Germany

·         France

·         The UK

·         Italy

·         Spain

·         Rest of Europe

§  Asia Pacific

·         Japan

·         China

·         India

·         South Korea

·         Southeast Asia

·         Rest of Asia Pacific

§  Latin America

·         Brazil

·         Mexico

·         Rest of Latin America 

§  Middle East and Africa

·         GCC Countries

·         South Africa

·         Rest of Middle East & Africa

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