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Global Psychedelic Therapeutics Market Size Expected To Reach $13.29 Billion By The Year 2031

Retrieved on: 
Wednesday, July 26, 2023

PALM BEACH, Fla., July 26, 2023 /PRNewswire/ -- Psychedelic and hallucinogenic medicines market have been growing consistently over the past several years and are expected to continue to rise in the coming years.  Psychedelic medicines are a group of substances, including chemicals, such as LSD, and plants used to treat multiple mental disorders, including resistant depression, opiate addiction, and panic disorder, among others. This medicine changes and enhances sensory perceptions, thought processes, and energy levels and facilitates favorable experiences.  A recent report from Insight Ace Analytic projected that the Psychedelic Therapeutics Market Size is valued at 3.94 Billion in 2022 and is predicted to reach 13.29 Billion by the year 2031 at a 14.92 % CAGR during the forecast period for 2023-2031.  The report said: "The Global psychedelic therapeutics market is proliferating owing to the increasing incidence of depression cases across the world. Additionally, changed lifestyles and quality of living are supporting the growth of psychedelic medicine market. In addition, the market is anticipated to expand lucratively as a result of the growing need for medicines to treat psychological drug dependency. On the other hand, a greater acceptance of non-therapeutic treatments over allopathic therapies and tight rules implemented by various governments to commercialize psychedelic medications may inhibit the market growth."  Active Companies active today in markets include:  Cybin Inc. (NYSE: CYBN) (NEO: CYBN), COMPASS Pathways plc (NASDAQ: CMPS), Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (NEO: MMED), Seelos Therapeutics, Inc. (NASDAQ: SEEL), Numinus Wellness Inc. (OTCQX: NUMIF) (TSX: NUMI).

Key Points: 
  • A recent report from Insight Ace Analytic projected that the Psychedelic Therapeutics Market Size is valued at 3.94 Billion in 2022 and is predicted to reach 13.29 Billion by the year 2031 at a 14.92 % CAGR during the forecast period for 2023-2031.
  • The report said: "The Global psychedelic therapeutics market is proliferating owing to the increasing incidence of depression cases across the world.
  • Additionally, changed lifestyles and quality of living are supporting the growth of psychedelic medicine market.
  • Worldwide has a track record of successful patient recruitment for psychedelic trials and global relationships with best-in-class investigative sites.

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

 PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

Demand Skyrockets as Lithium Mining Revenues Projected To Reach Over $3.1 Billion By 2031

Retrieved on: 
Tuesday, June 20, 2023

PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Lithium-ion batteries are currently the dominant technology for energy storage. Industry reports say that, over the next several years, dynamic emission standards and changing government policies with respect to electric vehicles are anticipated to provide a positive outlook to the lithium mining industry. One such report, from Fact.MR projected that: "Lithium Mining Revenues to Attain USD 3.1 Billion by 2031." It added that over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% by 2031. The report said: "(Even though) Globally, operations in the lithium mining business have been scaled back during COVID-19... but following this collapse, the market has fully recovered. There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.  Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity."  Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET), Livent Corporation (NYSE: LTHM), Alpha Lithium Corporation (OTCPK: APHLF) (NEO: ALLI), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • One such report , from Fact.MR projected that: "Lithium Mining Revenues to Attain USD 3.1 Billion by 2031."
  • It added that over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% by 2031.
  • There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium.
  • Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.

Demand Skyrockets as Lithium Mining Revenues Projected To Reach Over $3.1 Billion By 2031

Retrieved on: 
Tuesday, June 20, 2023

PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Lithium-ion batteries are currently the dominant technology for energy storage. Industry reports say that, over the next several years, dynamic emission standards and changing government policies with respect to electric vehicles are anticipated to provide a positive outlook to the lithium mining industry. One such report, from Fact.MR projected that: "Lithium Mining Revenues to Attain USD 3.1 Billion by 2031." It added that over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% by 2031. The report said: "(Even though) Globally, operations in the lithium mining business have been scaled back during COVID-19... but following this collapse, the market has fully recovered. There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.  Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity."  Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET), Livent Corporation (NYSE: LTHM), Alpha Lithium Corporation (OTCPK: APHLF) (NEO: ALLI), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • One such report , from Fact.MR projected that: "Lithium Mining Revenues to Attain USD 3.1 Billion by 2031."
  • It added that over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% by 2031.
  • There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium.
  • Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.

TNT Fireworks Launches Public Safety Campaign to Help Reduce Illegal Fireworks and Promote Safe and Responsible Use

Retrieved on: 
Tuesday, June 20, 2023

FLORENCE, Ala., June 20, 2023 /PRNewswire/ -- TNT® Fireworks (TNT), the nation's largest consumer fireworks distributor and best-selling brand, announced the launch of its new 2023 public safety campaign: Stay Legal. Be Safe. Act Responsibly.

Key Points: 
  • FLORENCE, Ala., June 20, 2023 /PRNewswire/ -- TNT® Fireworks (TNT), the nation's largest consumer fireworks distributor and best-selling brand, announced the launch of its new 2023 public safety campaign: Stay Legal.
  • To help consumers do so, TNT is providing three easy tips to ensure celebrations are legal, safe and responsible.
  • "This year, we're placing special emphasis on keeping consumers legal and safe," said Carson Anderson, president of TNT Fireworks.
  • To keep everyone legal, safe and responsible, TNT recommends the following safety tips:
    Never give fireworks to young children.

The Global Online/Virtual Fitness Market Expected To Reach $250.7 Billion By 2032

Retrieved on: 
Monday, June 12, 2023

PALM BEACH, Fla., June 12, 2023 /PRNewswire/ -- The global online/virtual fitness market has shown substantial growth over the past few years and is expected to continue for years to come. The COVID-19 outbreak had a positive impact on the growth of the online or virtual fitness market due to the imposition of lockdowns led to the closure of many fitness centers and gyms. As a result, in-person workouts were replaced by digital at-home exercises. In addition, owing to the increasing demand for online classes, many gyms and health club providers adopted online services. In the coming years, health club providers will be required to adopt a hybrid or multichannel approach which will include both in-person and remote exercise sessions for the customers.  Online or virtual workout is next generation fitness revolution. It is a convenience-based fitness/wellness service to the clients to access a trainer or instructor online instead of visiting the fitness facility.  Usually, the training videos that are provided on the online dashboard or fitness app are managed by the instructor. The sensors in smartphones and wearable allow various virtual fitness applications such as sleep monitoring and running rhythm tracking to improve users' life styles and health.  The various forms of online or virtual fitness offerings enable accessibility of health & wellness to every individual from shift workers to the housewives, and any person who may not keen or able to visit the gym.   A report from Allied Market Research projected that the global online/virtual fitness market was valued at $14.9 billion in 2022, and is projected to reach $250.7 billion by 2032, growing at a CAGR of 32.7% from 2023 to 2032.  Active Companies from around the markets with current developments this week include:  Interactive Strength Inc. d/b/a FORME (NASDAQ: TRNR), SIGNA Sports United N.V. (NYSE: SSU), Xponential Fitness (NYSE: XPOF), Lifetime Brands, Inc. (NASDAQ: LCUT), Nautilus, Inc. (NYSE: NLS).

Key Points: 
  • Usually, the training videos that are provided on the online dashboard or fitness app are managed by the instructor.
  • A report from Allied Market Research projected that the global online/virtual fitness market was valued at $14.9 billion in 2022, and is projected to reach $250.7 billion by 2032, growing at a CAGR of 32.7% from 2023 to 2032.
  • In addition, shutdown of gyms and studios due to ongoing COVID-19 pandemic situation has positively impacted the growth of the online/virtual fitness market.
  • On the contrary, growth in popularity of online fitness programs among elderly is expected to offer remunerative opportunities for expansion of the online/virtual fitness market during the forecast period (2032)."

The Global Online/Virtual Fitness Market Expected To Reach $250.7 Billion By 2032

Retrieved on: 
Monday, June 12, 2023

PALM BEACH, Fla., June 12, 2023 /PRNewswire/ -- The global online/virtual fitness market has shown substantial growth over the past few years and is expected to continue for years to come. The COVID-19 outbreak had a positive impact on the growth of the online or virtual fitness market due to the imposition of lockdowns led to the closure of many fitness centers and gyms. As a result, in-person workouts were replaced by digital at-home exercises. In addition, owing to the increasing demand for online classes, many gyms and health club providers adopted online services. In the coming years, health club providers will be required to adopt a hybrid or multichannel approach which will include both in-person and remote exercise sessions for the customers.  Online or virtual workout is next generation fitness revolution. It is a convenience-based fitness/wellness service to the clients to access a trainer or instructor online instead of visiting the fitness facility.  Usually, the training videos that are provided on the online dashboard or fitness app are managed by the instructor. The sensors in smartphones and wearable allow various virtual fitness applications such as sleep monitoring and running rhythm tracking to improve users' life styles and health.  The various forms of online or virtual fitness offerings enable accessibility of health & wellness to every individual from shift workers to the housewives, and any person who may not keen or able to visit the gym.   A report from Allied Market Research projected that the global online/virtual fitness market was valued at $14.9 billion in 2022, and is projected to reach $250.7 billion by 2032, growing at a CAGR of 32.7% from 2023 to 2032.  Active Companies from around the markets with current developments this week include:  Interactive Strength Inc. d/b/a FORME (NASDAQ: TRNR), SIGNA Sports United N.V. (NYSE: SSU), Xponential Fitness (NYSE: XPOF), Lifetime Brands, Inc. (NASDAQ: LCUT), Nautilus, Inc. (NYSE: NLS).

Key Points: 
  • Usually, the training videos that are provided on the online dashboard or fitness app are managed by the instructor.
  • A report from Allied Market Research projected that the global online/virtual fitness market was valued at $14.9 billion in 2022, and is projected to reach $250.7 billion by 2032, growing at a CAGR of 32.7% from 2023 to 2032.
  • In addition, shutdown of gyms and studios due to ongoing COVID-19 pandemic situation has positively impacted the growth of the online/virtual fitness market.
  • On the contrary, growth in popularity of online fitness programs among elderly is expected to offer remunerative opportunities for expansion of the online/virtual fitness market during the forecast period (2032)."

Market Consolidation of Larger Companies Acquiring or Merging with Smaller Firms Fueling Growth in Food Supply Chain Operations

Retrieved on: 
Thursday, June 8, 2023

PALM BEACH, Fla., June 8, 2023 /PRNewswire/ -- The flow of products and information between the supply chain's member businesses is known as the supply chain. In the food supply chain, food moves from producer to consumer via the processes of production, processing, distribution, retailing and consumption; thus, food moves from farmer to consumer in a domino–like fashion. As a result, agriculture supply chain management requires managing interactions between firms responsible for the efficient production and distribution of products from farmers to customers to meet the quantity, quality, and price expectations of consumers constantly. This usually requires managing horizontal and vertical alliances, as well as B2B procedures and interactions. Throughout the agricultural supply chain, however, difficulties such as smallholder/marginal farmer dominance, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure persist.  A report from Verified Market Research projected that the Agriculture Supply Chain Management Market size is projected to reach USD 1802.59 Million by 2030, growing at a CAGR of 10.02%. The report said: "In the following years, the global agriculture supply chain management industry is expected to rise significantly. A considerable increase in demand for agricultural products, the implementation of advanced farming techniques, the rapid acceptance of blockchain technology, government efforts, and others are all driving the market's growth in different ways."   Active companies in the markets this week include Muscle Maker, Inc. (NASDAQ: GRIL), ADM (NYSE: ADM), Bunge (NYSE:BG), Conagra Brands, Inc. (NYSE: CAG), The J.M. Smucker Co. (NYSE: SJM).

Key Points: 
  • Throughout the agricultural supply chain, however, difficulties such as smallholder/marginal farmer dominance, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure persist.
  • A report from Verified Market Research projected that the Agriculture Supply Chain Management Market size is projected to reach USD 1802.59 Million by 2030, growing at a CAGR of 10.02%.
  • The report said: "In the following years, the global agriculture supply chain management industry is expected to rise significantly.
  • Market consolidation with larger companies acquiring smaller competitors to attain economies of scale and vertical integration, the trend of precision farming, and increased investments in agritech start-ups are some of the important drivers driving the growth of the North American market."

Market Consolidation of Larger Companies Acquiring or Merging with Smaller Firms Fueling Growth in Food Supply Chain Operations

Retrieved on: 
Thursday, June 8, 2023

PALM BEACH, Fla., June 8, 2023 /PRNewswire/ -- The flow of products and information between the supply chain's member businesses is known as the supply chain. In the food supply chain, food moves from producer to consumer via the processes of production, processing, distribution, retailing and consumption; thus, food moves from farmer to consumer in a domino–like fashion. As a result, agriculture supply chain management requires managing interactions between firms responsible for the efficient production and distribution of products from farmers to customers to meet the quantity, quality, and price expectations of consumers constantly. This usually requires managing horizontal and vertical alliances, as well as B2B procedures and interactions. Throughout the agricultural supply chain, however, difficulties such as smallholder/marginal farmer dominance, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure persist.  A report from Verified Market Research projected that the Agriculture Supply Chain Management Market size is projected to reach USD 1802.59 Million by 2030, growing at a CAGR of 10.02%. The report said: "In the following years, the global agriculture supply chain management industry is expected to rise significantly. A considerable increase in demand for agricultural products, the implementation of advanced farming techniques, the rapid acceptance of blockchain technology, government efforts, and others are all driving the market's growth in different ways."   Active companies in the markets this week include Muscle Maker, Inc. (NASDAQ: GRIL), ADM (NYSE: ADM), Bunge (NYSE:BG), Conagra Brands, Inc. (NYSE: CAG), The J.M. Smucker Co. (NYSE: SJM).

Key Points: 
  • Throughout the agricultural supply chain, however, difficulties such as smallholder/marginal farmer dominance, supply chain fragmentation, lack of economies of scale, low processing/value-added levels, and insufficient marketing infrastructure persist.
  • A report from Verified Market Research projected that the Agriculture Supply Chain Management Market size is projected to reach USD 1802.59 Million by 2030, growing at a CAGR of 10.02%.
  • The report said: "In the following years, the global agriculture supply chain management industry is expected to rise significantly.
  • Market consolidation with larger companies acquiring smaller competitors to attain economies of scale and vertical integration, the trend of precision farming, and increased investments in agritech start-ups are some of the important drivers driving the growth of the North American market."