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Organic Tea Market Size Worth $1.12 Billion By 2027 | CAGR: 16.2%: Grand View Research, Inc.

November 5, 2020 Published by Roboticulized.com

The global organic tea market size is expected to reach USD 1.12 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 16.2% from 2020 to 2027. The rising importance of a healthy lifestyle among the consumers in light of increased awareness regarding wellness nutrition through social media and satellite television channels is expected to expand the market scope. Furthermore, growing concerns related to adverse effects associated with synthetic ingredients in packaged food and beverages are expected to compel the buyers to increase spending on consuming organic tea as a key alternative to conventional drinks.

Key suggestions from the report:

The herbal product segment is expected to witness the fastest growth during forecast years with a CAGR of 17.1% from 2020 to 2027. The rising importance of herbal tea as a daily drink for maintaining a healthy lifestyle is expected to have a positive impact on the segment growth over the next few years
Based on taste, the flavored segment accounted for the largest share of more than 80.0% in 2019. This is attributed to the increased preference for these products due to the easy access of such products to the consumers through offline as well as online channels
By form, the leaf and powder segment accounted for the largest share of more than 45.0% in 2019. The growth of the segment is attributed to the first-mover advantage associated with leaf as well as powder forms
Asia Pacific dominated the market with more than 35.0% share in 2019. Extensive customer base in countries, including China, India, Japan, Thailand, and Vietnam, is expected to fuel the regional market growth in the near future.

Read 80 page research report with ToC on “Organic Tea Market Size, Share & Trends Analysis Report By Product (Camellia Sinensis-based (Green, Black, Oolong, White), Herbal), By Taste, By Form, By Distribution Channel, By Region, And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/organic-tea-market

Product launches have been playing a crucial role in shaping the industry dynamics. For instance, in October 2019, Celestial Seasonings launched TeaWell, a product line that includes organic wellness tea, which provides a vigorous combination of health benefits, along with pleasant flavors. The line offers a large number of flavors formed using a blend of herbs and botanicals that improve the shape of both mind and body. These products contain “Daily Wellness Core”, which is a combination of four essential ingredients, including panax ginseng, dandelion root, elderberry, and green rooibos.

It is claimed that panax ginseng improves mental vitality, dandelion root enhances digestion, elderberry boosts immunity, and green rooibos acts as antioxidants. Some of the popular products being offered under the product line are Organic Green Tea with Grapefruit, Organic Moringa Lemon Ginger, and Organic Hibiscus with Lime. These products are available for USD 4.99.

Grand View Research has segmented the global organic tea market on the basis of product, taste, form, distribution channel, and region:

Organic Tea Product Outlook (Revenue, USD Thousand, 2016 – 2027)
- Camelia Sinesis-Based
  - White
  - Black
  - Green
  - Oolong
  - Others
- Herbal
Organic Tea Taste Outlook (Revenue, USD Thousand, 2016 – 2027)
- Flavored
- Plain
Organic Tea Form Outlook (Revenue, USD Thousand, 2016 – 2027)
- Tea Bag
- Leaf & Powder
- Liquid
Organic Tea Distribution Channel Outlook (Revenue, USD Thousand, 2016 – 2027)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Stores & D2C
- Others
Organic Tea Regional Outlook (Revenue, USD Thousand, 2016 – 2027)
- North America
  - The U.S.
- Europe
  - The U.K.
  - Germany
- Asia Pacific
  - India
  - Japan
  - China
  - Indonesia
- Central & South America
  - Brazil
- Middle East & Africa
  - South Africa

List of Key Players of Organic Tea Market

Compass Tea Company
Davidson’s Organics
Little Red Cup Tea Co.
Numi, Inc.
PepsiCo
The Coca-Cola Company
The Hain Celestial Group, Inc.
Tielka
Unilever
Wessanen

Find more research reports on Consumer F&B Industry, by Grand View Research:

Matcha Tea Market – The global matcha tea market size was estimated at USD 1.63 billion in 2018 and is expected to expand at a CAGR of 4.7% during the forecast period.
Hot Drinks Market – The global hot drinks market size was valued at USD 250.7 billion in 2018 and is anticipated to expand at a CAGR of 6.8% during the forecast period.
White Tea Market – The global white tea market size was estimated at USD 1.48 billion in 2018. Increasing the importance of these products due to their antioxidant and antimicrobial properties which boost the immune system.

Enthusiast Gaming to Host Two Virtual Esports and Entertainment Events in November

November 5, 2020 Published by EuropeanGaming.eu

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Enthusiast Gaming Holdings Inc. is going to host two virtual esports and entertainment events this month.

The first one is Enthusiast Gaming Live Experience 2020 (EGLX 2020), which is a free event and will be live streamed from November 10-13, 2020 on eglx.com and on Twitch at twitch.tv/lgloyal. The second is Pocket Gamer Connects Digital (PGC Digital), which is a registration-only B2B event and its tickets can be purchased at pgconnects.com/digital.

“Enthusiast Gaming became the largest gaming network in North America and the UK by creating unique fan experiences for Gen Z and Millennial gamers. The content we provide on our websites and YouTube channels provide the bedrock where gamers interact with each other, get breaking news, follow their favourite influencers, and show support for their Esports teams. EGLX and Pocket Gamer Connects, are two of our most valuable communities and embodies our commitment to creating unique and authentic gaming experiences,” Adrian Montgomery, CEO of Enthusiast Gaming, said.

Enlabs Increases its Stake in Global Gaming

November 5, 2020 Published by EuropeanGaming.eu

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Enlabs has increased its stake in Global Gaming from 66.7% to 95.8% at the deadline of its acceptance period for its bid for the Ninja Casino operator.

The acceptance period for the Offer has ended on November 2 and Enlabs has decided not to extend the acceptance period. The aggregation of acceptances has now been completed and as of November 2, the Offer had been accepted by shareholders in Global Gaming corresponding to a total holding of 10,659,142 shares, corresponding to approximately 26.1% of the total number of shares and votes in Global Gaming.

Enlabs declared the Offer unconditional on October 8, 2020. All conditions for the Offer have been met and Enlabs will thus complete the Offer and acquire the shares submitted in the Offer.

At the time of the announcement of the Offer, Enlabs ownership in Global Gaming amounted to 27,266,114 shares. During the acceptance period, Enlabs has also acquired 1,216,469 shares in Global Gaming outside the Offer, corresponding to approximately 3% of the total amount of shares and votes in Global Gaming. No such acquisitions have been made at a consideration that exceeds the consideration in the Offer.

In total, Enlabs thus holds a total of 39,141,725 shares in Global Gaming, corresponding to approximately 95.8% of the total number of shares and votes in Global Gaming. Enlabs does not hold any other financial instruments that give Enlabs a financial exposure corresponding to a holding of shares in Global Gaming.

To the shareholders who have accepted the Offer during the acceptance period, payment of the cash consideration is expected to begin around November 9 and payment of the share consideration is expected to begin around December 1.

Enlabs intends to request compulsory redemption in accordance with the rules in the Swedish Companies Act in order to acquire the remaining outstanding shares in Global Gaming and promote a delisting of Global Gaming’s shares from Nasdaq First North Growth Market Stockholm.

Natural Food Colors & Flavors Market worth $6.8 billion by 2025 – Exclusive Report by MarketsandMarkets™

November 5, 2020 Published by Roboticulized.com

According to MarketsandMarkets, the “Natural Food Colors & Flavors Market by Color Type (caramel, carotenoids, anthocyanins, curcumin, annatto, and copper chlorophyllin), Flavor Type (natural extracts, aroma chemicals, & essential oils), Application & Region – Global Forecast to 2025”, published by MarketsandMarkets, the market size is estimated to be valued at USD 5.0 billion in 2020. It is projected to reach USD 6.8 billion by 2025, recording a CAGR of 5.4%, in terms of value. There is an increase in the demand for processed food and clean label, which is driving the market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=676

The food application segment is projected to witness significant growth during the forecast period.

Based on application, the natural food colors & flavors market is dominated by the food segment. The consumer trends such as easy-to-use, health & wellness, and clean label trends influence the overall market. The easy-to-use trend is due to the rapid urbanization in emerging markets. Consumers demand healthier ingredients in their food products. The growing side effects of synthetic colors and flavors compel the consumers in emerging and developed economies to focus on an improved consumption.

Browse in-depth TOC on “Natural Food Colors & Flavors Market“

136 – Tables
62 – Figures
252 – Pages

The European region dominates the natural food colors & flavors market with the largest share in 2019, whereas South America is expected to witness the highest growth rate.

In Europe, Germany dominated the natural food colors & flavors market due to the high production and demand of clean label food & beverages. The worldwide natural food ingredients market is primarily driven by the rising demand for safe and plant-based products. The natural food colors & flavors industry functions with legislators and regulators to deliver qualitative products to its end users. In the major markets.

The increase in the developed economy and per capita income has enabled the consumers to invest in more health and health related services, in the South American region. This is one of the major drivers for natural food colors & flavors in the region. Apart from that, the millennial consumers are more health conscious and open to experiment with various ingredients, this is also thriving the market in the region.

Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=676

Key players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DuPont (US), Archer Daniels Midland (ADM) (US), Givaudan (Switzerland), Kerry Group, Plc (Ireland), International Flavors & Fragrances (IFF) (Israel), Mane (France), Sensient (US), T. Hasegawa (Japan), Firmenich (Switzerland), Robertet (France), Symrise (Germany), Synergy Flavors (US), Amar Bio-Organics India Pvt. Ltd. (India), Taiyo International (Japan), The Foodie Flavors Ltd (UK), Besmoke Ltd (UK), Aromata Group (Italy), Gulf Flavors and Food Ingredients FZCO (UAE), Seluz Fragrances & Flavors Company (Turkey), and Takasago (Japan).

Yumeshima IR Plans Plunged into Uncertainty by Referendum Loss

November 5, 2020 Published by EuropeanGaming.eu

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The prospects for the development of an urban IR at Yumeshima, Osaka, took a sudden and unexpected turn for the worse after voters rejected the administrative reorganisation proposals of the local leaders, and Osaka Mayor Ichiro Matsui announced his intention to retire from politics at the end of his term.

While Sunday’s referendum was not directly related to the Yumeshima IR plans, it does exercise an enormous impact on the political fates of both the strongly pro-IR Osaka governor and mayor, as well as the movement that they lead.

The so-called Osaka Metropolis Plan has been the central policy plank of the Osaka Ishin (Japan Innovation Party) since its establishment. It called for the administrative unification of Osaka prefecture and city to create Japan’s second “metropolis” following Tokyo. This has been portrayed by Osaka Mayor Ichiro Matsui and Osaka Governor Hirofumi Yoshimura as symbolic of the revival of Osaka’s glory and a necessary step to reduce wasteful bureaucratic practices.

Osaka Ishin’s original metropolis plan was narrowly defeated in a referendum in 2015, leading to the retirement from politics of the movement’s young founder, Toru Hashimoto. On Sunday, a revised version of the plan was again narrowly (by less than 1%) rejected by the voters. This was a particularly bitter result because until the final week or so polling had shown the proposal heading for voter approval.

In the wake of Osaka Ishin’s second failure to gain sufficient support for its signature policy, the party’s leader, Osaka Mayor Ichiro Matsui, announced that he would finish out his current term and then retire from politics in April 2023.

Financial Gravity Companies Named as One of 50 Most Admired Companies of the Year 2020 by The Silicon Review Magazine

November 5, 2020 Published by TheFintechBuzz.com

Financial Gravity Companies, Inc. (OTCQB: FGCO) Chairman & CEO, Scott Winters, announced today the recognition of Financial Gravity Companies by The Silicon Review.

The article states, “There are several financial firms with exquisite services, but one that stands out from the rest is Financial Gravity. The Company is a publicly-traded parent company that aims to bring together the best of breed financial services companies, including brokerage, wealth management, estate planning, family office services, risk management, business and personal tax planning, business consulting, and financial advisory services.”

Scott Winters, is quoted in the publication several times about the latest technologies, regulation, financial strategies and new services. Winters explained, “We provide a wide choice of financial strategies to our clients, both proprietary and non-proprietary. Our proprietary strategies have four important performance factors that we utilize: Security selection; Costs; Taxes; and Trust.”

There is also a detailed background of Winters’ business and professional accomplishments including that he built a wealth management business from zero to over two billion in assets managed across over 20,000 clients. He co-founded, built, and sold one of the fastest-growing fintech/wealth management businesses in America (according to Forbes).

High Rollers Week Returns To GGPoker With $22M Guaranteed

November 5, 2020 Published by EuropeanGaming.eu

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Twenty-event series runs from November 8 through November 15

GGPoker today announces the latest iteration of its High Rollers Week series, a one-week festival which takes place on the global-facing poker network from November 8 through November 15. Over $22,000,000 in guaranteed cash prizes will be won across twenty High Rollers tournaments.

Seven High Rollers Week events guarantee more than $1 million in prize money, with the Main Event boasting at least $5,000,000 in prizes:

November 8 – HRW #1: GGMasters High Rollers $1,050 – $1,500,000 guaranteed
November 8 – HRW #2: Super MILLION$ $10,300 (two-day event) – $3,000,000 guaranteed
November 8 – HRW #3: PLO High Roller $10,300 – $1,000,000 guaranteed
November 10 – HRW #7: NLHE High Roller $10,300 – $1,250,000 guaranteed
November 12 – HRW #11: NLHE Super High Roller $25,000 – $2,500,0000 guaranteed
November 15 – HRW #17: GGMasters High Rollers $1,050 – $1,000,000 guaranteed
November 15 – HRW #18: Super MILLION$ Main Event $10,300 (two-day event) – $5,000,000 guaranteed

High Rollers Week runs simultaneously with the Battle of Malta 2020 festival, which is hosted at GGPoker through November 22 and features over $30 million in guaranteed prizes.

“GGPoker is online poker’s true home for high-roller tournaments and massive prize pools – and we’ve got the Guinness World Record to prove it!” said Paul Burke, spokesman for GGPoker. “We’re looking forward to seeing the world’s top tournament players go for glory during High Rollers Week.”

New GGPoker players are eligible to claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

For full details on High Rollers Week, please visit: https://en.ggpoker.com/tournaments/high-rollers-week/

Pragmatic Play Releases Roaring Hit Dragon Tiger

November 5, 2020 Published by EuropeanGaming.eu

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Pragmatic Play, a leading content provider to the gaming industry, has launched its newest Asian adventure, Dragon Tiger.

The 5×4, 1,024 payline video slot brings together two celestial beasts, the Dragon and the Tiger, in a duel which will reward players with untold riches.

With reels filled with golden creatures and a fearsome Wild symbol, players will be looking for the Dragon Tiger Bonus symbol which launches the Free Spins mode. If two or more of these symbols land during the Free Spins feature, then extra spins are awarded.

During the Bonus Feature, any Wild Symbol that lands will have a multiplier attached to it of up to 5x, with more Wilds leading to a bigger multiplier. These last for one spin, with any wins on that spin multiplied by the full amount.

Dragon Tiger is the latest launch in Pragmatic Play’s impressive slot portfolio, joining Gems Bonanza in the supplier’s award-winning slot offering.

Melissa Summerfield, Chief Commercial Officer at Pragmatic Play, said: “Our slot offering continues to diversify, and we’re thrilled to add the oriental-themed Dragon Tiger to our burgeoning portfolio.

“With Wilds offering massive multipliers during the Free Spins mode, Dragon Tiger offers our fans another immersive slot experience.”

Pragmatic Play currently delivers up to five new slot titles a month, as well as an extensive range of Live Casino and Bingo products through its multi-vertical offering. The company’s entire portfolio is available through a single API integration.

Hollister Provides Comment on Approval of Recreational Cannabis in Arizona

November 5, 2020 Published by Roboticulized.com

Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the “Company“, “Hollister Cannabis Co.” or “Hollister“) a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 80 dispensaries throughout Arizona provides comment on the successful passage of Proposition 207 – legalizing the cultivation, sale and consumption of recreational cannabis in the state of Arizona.

“Seeing recreational Cannabis legalized in the state is an encouraging sign and is hopefully another step toward federal legalization. It should lead to increased tax revenue and job creation. The recreational cannabis market in Arizona could be valued at up to US $760 million by 2024¹, significantly expanding the total addressable market for Cannabis in the state. We look forward to making our product line available to both the medical and recreational end user.” Shared Jacob Cohen, Founder of Venom Extracts, Hollister’s 100% owned subsidiary based in Arizona.

Arizona Presence

Hollister, through its 100% owned subsidiary, Venom Extracts (“Venom“), is one of Arizona’s premier extract brands and one of the state’s largest producers of award-winning medical cannabis distillate and related products. With an experienced management team and unparalleled reputation for quality, Venom prides itself as a differentiated extraction company by producing legal cannabis products at a price point that allows retailers to generate higher profits. Focused on proprietary efficiencies, Venom is able to produce more product per square foot than its competition, maintaining lower costs and risks than a typical extraction company.

Global Virtual Reality In Gaming Market Is Poised To Value Over US$ 38,331.5 Million by 2027 End

November 5, 2020 Published by EuropeanGaming.eu

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The Global Virtual Reality in Gaming Market is expected to be valued at US$ 38,331.5 million by 2027, exhibiting a CAGR of 28.6% during the forecast period of 2020 to 2027, as highlighted in a report published by Coherent Market Insights.

Virtual reality is the use of computer technology to create a simulated environment using computer software and hardware technologies. VR technology has been used in many applications including entertainment and gaming. Virtual reality in gaming is referred to the use of sound and graphics technology in games where the user wears gloves, head-mounted display (HMD), and glasses as a part of their experience. There are several equipped to these devices that record the movement.

Growing digitization and advancement in technology is expected to boost the global virtual reality in gaming market growth over the forecast period
Over the years, both developed and emerging economies have witnessed massive digitization. This is complemented with advancements in technology, in order to expand the use of virtual reality devices. There are various technological advancements are expected in the near future namely wide field-of-view AR displays, transition from PC-based to standalone mobile VR devices, 5G mobile devices, and more. Such technological advancements enhance the user experience and reduce the latency up to a significant level. Hence, these factors are expected to drive growth of the global virtual reality in gaming market growth over the forecast period.

Launch of novel products can present lucrative growth opportunities for market players
Key players are focused on research and development activities, in order to expand the product portfolio and gain a competitive edge in the market. For instance, in May 2014, Electronic Arts Inc. launched EA Sports NHL 15, the first title in a new generation of hockey games. In August 2013, Nintendo Co. Ltd. introduced a 2DS handheld gaming device. The device enabled the user to play 3DS and all other games with the device. Furthermore, in February 2014, Sony Corporation launched its virtual reality headsets named HMZ- T3Q VR.

Challenges associated with user-friendly VR are expected to hamper the global virtual reality in gaming market growth over the forecast period
Despite its various advantages such as enhanced quality and realistic experience, many VR devices are not user friendly. Some of those devices are complicated to use and require adequate training long before they used for gaming experience. Manufacturers are required to provide a user-friendly device that can be operated by a layman as well. Hence, such factors are expected to hamper the global virtual reality in gaming market growth over the forecast period.

North America Trends

According to Coherent Market Insights’s study among regions, North America is expected to witness significant growth in the global virtual reality in gaming market during the forecast period. This is owing to the large presence of major VR companies across the region. Furthermore, growing investment in cutting-edge technologies is expected to propel the global virtual reality in gaming market growth over the forecast period.

Europe Trends

Europe is expected to register robust growth rate in the global virtual reality in gaming market over the forecast period. This owing to constant digitalization of various industries across the region. Furthermore, high growth of VR market in France is expected to boost the regional market growth over the forecast period.
Global Virtual Reality in Gaming Market – Impact of Coronavirus (Covid-19) Pandemic
The countries such as China and India, are play crucial role in the supply chain of virtual reality in gaming market. In the span of lockdown the supply chain in these countries mainly disturbed. Many industries were forced to close down their manufacturing site or remained operational with limited people working on the shop floor, which lowered the production capacity of factories. Further, demand for non-essential products decreased during the pandemic. This hindered the market growth during the pandemic.

Competitive Section
Key companies operating in the global virtual reality in gaming market are Electronic Arts Inc., Kaneva LLC, Nintendo Co. Ltd, Avatar Reality Inc., Sony Corporation, Oculus VR, Activision Publishing Inc., and Sega Corporation.

Key Developments

Major companies are focused on research and development activities, in order to enhance the market presence. For instance, in May 2020, Oculus VR, a subsidiary of Facebook Inc., announced that it is developing a new Quest VR headset of 90Hz for the smoother gaming experience.
Key market players are involved in collaborations and partnerships, in order to gain a competitive edge in the market. For instance, in December 2017, Sega Corporation collaborated with StarVR to introduce premium VR arcade experience in Japan.

Tag: Latest News

Organic Tea Market Size Worth $1.12 Billion By 2027 | CAGR: 16.2%: Grand View Research, Inc.

Enthusiast Gaming to Host Two Virtual Esports and Entertainment Events in November

Enlabs Increases its Stake in Global Gaming

Natural Food Colors & Flavors Market worth $6.8 billion by 2025 – Exclusive Report by MarketsandMarkets™

Yumeshima IR Plans Plunged into Uncertainty by Referendum Loss

Financial Gravity Companies Named as One of 50 Most Admired Companies of the Year 2020 by The Silicon Review Magazine

High Rollers Week Returns To GGPoker With $22M Guaranteed

Pragmatic Play Releases Roaring Hit Dragon Tiger

Hollister Provides Comment on Approval of Recreational Cannabis in Arizona

Global Virtual Reality In Gaming Market Is Poised To Value Over US$ 38,331.5 Million by 2027 End

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