Gift card industry in Belgium has recorded subdued growth in 2020. PayNXT360 expects a bounce back towards end of Q1 2021. Impact on gift card sector due to socio-economic environment driven by COVID-19 outbreak has been much less than overall gifting industry. This also means that gift card penetration in Belgium will increase more than previous forecast.
The broader growth in the gift card industry has been supported by growing popularity of digital gift cards. Another factor that is driving the growth of the gift card market in Belgium includes the corporate acceptance of the gift card. In particular, players are focusing on offering value added solutions to increase market share in corporate segment. In Belgium, Monizze is one of the leading third party players in the gift card industry that provides gift vouchers to employers and individuals. Monizze offers 3-in-1 card that contains 3 extra-legal benefits (meal, eco and gift vouchers).
Apart from this, the ability to buy bitcoins using Amazon and other gift cards are also likely to boost the growth of the gift card market in the country. There is growing usage of gift cards as a way to trade in bitcoins. Some of the key players that offer gift cards for buying cryptocurrencies include paxful.com and bit4coin.net.
According to PayNXT360’s Q4 2020 Global Gift Card Survey, gift card industry in Belgium is expected to grow by 10.5% on annual basis to reach US$ 1448.2 million in 2021. Despite near-term challenges in 2021, medium to long term growth story of gift cards in Belgium remains strong. The gift card industry in Belgium is expected to grow steadily in H1 2021 and record a strong growth in H2 2021. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 7.8% during 2021-2025. The gift card market in the country will increase from US$ 1310.6 million in 2020 to reach US$ 1958.9 million by 2025.
This report from PayNXT360 provides a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics in Belgium. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.
The report includes raw data along with structured dashboards, charts, and tables in an interactive Excel format.
Below is a summary of country level trend analyses covered across gift card segments:
• Total gift market: This report provides detailed view of overall spend on gifts, broken down by retail and consumer segments. For both retail and consumer segments, this report provides a breakdown of spend on gifts by product categories (13 segments) and retail sectors (7 segments).
• Gift cards: Drawing from proprietary survey results, this report provides in-depth analysis of opportunities in both open loop and closed loop prepaid gift card categories. Assesses consumer behaviour by type of consumer (retail and corporate – SMB, Mid-Tier, Large Enterprise), gifting occasion, digital gift card (e-gift card), and market share by retail sectors.
• Details six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
• Corporate incentive & loyalty cards: This report provides detailed market dynamics of corporate incentive cards, broadly segmented in three categories – consumer incentive card, employee incentive card, and sales / partner incentive card. It details market size and forecast at category level, by functional attribute (open loop and closed loop), and by corporate consumer segments (small scale business, mid-size business, and enterprise business).
• Digital gift card (e-gift card) analysis: Provides market size and forecast for digital gift cards, broken down by retail and corporate buyers. It also includes gift card spend by occasion (retail – festivals & special celebration days, milestone celebration, self-use, other; Corporate incentive cards –consumer incentive card, employee incentive card, and sales / partner incentive card). The report also includes digital gift card adoption by company size
• Open loop and closed loop: Provides market estimates and forecasts to assess opportunities in open loop and closed loop gift and incentive card segments across consumer segments.
• Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key KPIs related to gift card dynamics including spend by age, gender, and income level.
• Retail spend: Breaks down retail spend across retail sectors (7 segments) to provide detailed insights on consumer behaviour and changing dynamics of gift card spend.
• Market share by retailer: Provides market share of closed loop gift cards by key retailers in Belgium
• Distribution channel analysis: Provides market share by distribution channel – online vs offline sales and 1st party vs 3rd party sales (sales through outlet of other retailers).
Read full insights @ https://bit.ly/3ALQLZG
A Cloud Kitchen is an expert food readiness and concocting office set for the arrangement of conveyance just dinners.
Cloud Kitchen menu are streamlined for the simplicity of creation just as for the truth food quality upon conveyance.Key Players:Key Players Operating in the Global Cloud Kitchen Market include Toast, Inc., Xenial, Inc., POSist Technologies Pvt.
Ltd., Bring Delivery Technologies Ltd., Lightspeed HQ, and PAR Technology Corp.
These players engage in mergers & acquisitions, agreements, and partnerships to strengthen their geographical presence.Get Sample of “Cloud Kitchen Market”: https://www.valuepropresearch.com/request.php?id=157Worldwide Cloud Kitchen Market is divided into type, arrangement, organization types and area.
As the innovation has developed, extra administrations have arisen to total the different conveyance applications into one entrance, for simpler creation of various orders and conveyance coordination just as savvy food buying and creation programming for diminished food squander and expanded per feast unit financial matters.Cloud Kitchen, in view of their ease and wide reach, it is probably going to get beneficial quicker.
Nonetheless, produces are putting resources into advancement of cloud kitchen which is giving a rewarding chance to the market.To get to know more about impact of COVID-19 on this market, please visit: https://valuepropresearch.com/report/cloud-kitchen-market-157/By Type Insight:Based on segment types, the market has been ordered as stage and administrations.
Fact.MR’s report on global Lysine marketIn a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Lysine market considering 2017–2027 as the stipulated timeframe.
The business report highlights the drivers, restraints, opportunities and trends affecting market growth.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.The Lysine market study outlines the key regions - North America, Latin America, Europe and Japan – along with the countries contributing the most in the respective regions.
The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Aspartame, CJ CheilJedang Corp, AJINOMOTO Co., Inc., Meihua Group, Parchem fine & specialty chemicals, Elixir Group, Swanson Health Products.Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T_id=1274The Lysine market report addresses the below-mentioned queries:Why are vendors shifting away from traditional methods of manufacturing Lysine?How does the global Lysine market looks like in the next five years?Which end use industry is expected to surpass segment by the end of 2027?What innovative products are being introduced by the players in the global Lysine market?Which regions are showing the fastest market growth?Crucial insights in the Lysine market research:Underlying macro- and microeconomic factors impacting the growth of the Lysine market.Basic overview of the Lysine, including market definition, classification, and applications.Scrutinization of each Lysine market player based on mergers & acquisitions, R projects, and product launches.Adoption trend of Lysine across various industries.Important regions and countries offering lucrative opportunities to Lysine market stakeholders.Request Sample Report- https://www.factmr.com/connectus/sample?flag=S_id=1274Reasons to choose Fact.MR:Exhaustive research regarding the market to offer A to Z information.Digital technologies to provide innovative business solutions to the clients.24/7 availability of services.Interaction with suppliers, vendors, and service providers for precise market landscape.Reports tailored as per the requirements of the clients.
Market OverviewEssential Oil market is projected to grow at 5.92% during the forecasted period 2017-2023.
Strong potential of essential oil production and rising application of essential oil in cosmetics and personal care supporting market growth among the various regions in the world.Competitive Analysis-The major key players in essential oil market areYoung Living (U.S.)Sydney Essential Oils (Australia)Biolandes (France)dōTERRA (U.S.)Shiva sales corporation (India)The Lebermuth Company (U.S.)Shaanxi Guanjie Technology Co., Ltd (China)Market ForecastU.S., China and India are the major producers, consumer and exporter of Essential Oil in the world.
Essential oil market in India will witness higher growth rate during the forecasting period 2017 to 2023.
China and Indonesia are one of the fastest growing essential oil producing countries in the world.
The top five emerging countries in Essential Oil are India, China, Indonesia, U.S. and Canada.
The world demand for essential oil is growing rapidly especially in developing countries like India and China due to rising awareness about health benefits of essential oil and improving economic condition.By Application Analysis-Fragrance and flavor continue to dominate the essential oil market with more than 40% market share and Aromatherapy will witness the higher growth rate during forecast period 2017 to 2023.Globally, the use of essential oil in cosmetics will reach USD 1,958 Million with CAGR of 5.76% during forecast period 2017 to 2023.
The plant-based protein market in India has been recording a strong growth in recent quarters across segments such as dairy alternatives, supplement products, meat substitutes, and processed products.
The growth is mainly driven by the rising purchasing power of lower and middle-income families, increasing demand for gluten-free and lactose-free products.
It is expected that increasing number of youths going to gyms, fitness clubs, and growing health consciousness especially among GenZ and millennials is likely to drive the market growth in the short to medium term.With the growing fear of coronavirus infection, people are increasingly avoiding the consumption of animal products across the globe.
The trend is also evident in the Indian market.
The surge in social media videos showing cruelty inflicted on animals in meat and dairy industries is one of the reasons, millennials and Gen Z are shifting towards meatless meat products.The growing awareness and demand for innovative plant-based protein are creating opportunities for the ever-growing startup ecosystem in India.
To establish their presence in the Indian plant protein market, small businesses are moving faster and raising funds for product innovation and development.The growing sales of plant-based meat and dairy products in restaurants and foodservice channels are also supporting the market.
The global Mobile Value Added Services Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the mobile value added services market include AT Inc., Apple Inc., Google LLC, Vodafone Group PLC, One97 Communications Limited, InMobi Pte Ltd., OnMobile Global Limited, Mahindra ComVivam, Kongzhong Corporation and ZTE Corporation.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Mobile Value Added Services Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/mobile-value-added-services-market/download-sampleMarket DynamicsThe market is mainly driven by the growing penetration of smartphones, high internet penetration across the globe.
Rising disposable income, a swiftly increasing number of internet users, and competition among the telecom operators and handset manufacturers to acquire a competitive edge are other factors expected to drive the mobile value added services market.
However, the growth of the mobile Internet and smartphones made it feasible for customers to get better these services from the Internet either with a cost or at no cost, which may restrict the growth of the market.
