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Significant COVID-19 Impact on the Sports Nutrition in Food and Beverage Industry | Data Bridge Market Research
COVID-19 Impact on the Sports Nutrition in Food and Beverage Industry The pandemic have impacted the food industry by up surging in their consumption owing to health benefits associated with them. Extended lockdown has impacted considerably in Europe, Americas and all over world and it has been created an opportunity due to their demand because of raised awareness regarding health and increased concern for maintaining immunity and thereby well-being of health. According to published journal of MDPI Sports 2020, unpredicted pandemic impacts and risk associated with spread has forcing governments to impose a quarantine and lockdown. The demand for fitness and sports products is also facing huge impact of pandemic. Isolation and quarantine has been imposed by governments which impacted on all aspects related to the sports. For instance, The absence of planned training, organized competition, lack of communication between coach and athlete, inappropriate training conditions are impacting on health of sports persons accordingly. Thus, governments across the globe have focused on encouraging athletes to maintain their health through proper intake of healthy food supplements. Major of local and international competition, such as European Football Championship and the Olympic Games in Tokyo has postponed for a year as health of coaches and athletes is the first priority of government. Hence, governments are focusing on maintaining health of sports persons by providing them proper nutritional intake in isolation. Pandemic also impacted on consciousness regarding the health. Thus, awareness regarding physical and mental health has been increased which provides the demand to the nutritional products. Sports nutrition products are manufactured to achieve fitness goals and to fulfill nutrients which depleted during the workout. They also include energy bars, sports drinks and protein powder. Manufacturers of sports nutrition prefer vegetable proteins, meat and dairy source as raw material for sports nutritional products. Owing to this COVID-19, health conscious people and sports persons are staying at home providing demand for healthy supplements and related products for maintaining fitness has been raised. According to online shopping portal of sports and fitness products NorthAlp, it has been noticed an increase of 300% in sales of the fitness related products in India. During the lockdown, NorthAlp has witnessed raised sales of fitness related products. Another factor behind the rise in online sales of fitness goods and brands is the growing acceptance of virtual exercise workouts with certified instructors and coaches. As gyms and fitness facilities are remaining closed owing to the lockdown, consumers are now more prone towards nutritional supplements to cater general wellness. The products for nutritional products are catering demand to maintaining health. Ingredients that enhance health and immunity are gaining demand as these ingredients are essential for muscle health and well-being of health. Among all sports nutritional products, protein powder is the leading ingredient of the sports nutrition market. According to Lallemand Health Solutions, 70% of consumers are being more concerned in sports nutrition as they are effective source of probiotics as well. Further, e-commerce is playing essential role for providing sports nutrition. For instance, According to “Nutrition Business Journal's 2020 Supplement Business Report,” the demand for nutritional supplement has been grown as they are expected to grow at 61.4% in 2020. Further, online sales are expected to reach USD 10.00 million in 2023 in which online sales of nutritional supplements will acquire 19.6% of sales by 2023. According to Aerometric Sports Products Pvt. Ltd., whey protein and other sports drinks such as glucose water has provided demand for sports nutrition across the world. Globally, sports nutrition is around USD 20.00 to 25.00 billion. Owing to the pandemic, sports nutritional products manufacturers and producers are prioritizing health and safety over productivity and profitability. They are looking for specialty vegan protein as they become more aware of techniques and strategies to manage the health. The pandemic has provided an opportunity for nutritional manufacturers to show their assurance to their customers by delivering customized support, representing their reliability and consistency as suppliers and augmenting their company’s biosecurity efforts across the board. For instance, · In August 2020, Hormel’s Ingredient Solutions has launched a new website for full catalog of protein ingredients. The new website makes help to view a product’s ingredients, packaging and shelf life. Further, this allows customers to quickly request samples and explore products, more about the ingredient solutions team and speak with an expert on the team. Hence, as shift towards healthy food is increasing, the demand for sports nutrition has been impacted in better terms. INITIATIVES Outbreak of coronavirus has affected every sector in the food services industry including sports nutrition. The industry has affected as the supply and demand are badly disrupted. For instance, · In April 2020, Cargill, Incorporated has started working by following safety practices at site including additional precautions at manufacturing facility, including temperature testing and prohibiting international travelling among others. However, with the increased demand for the healthy essential products, the manufacturers are taking new initiatives for products availability. Increased demand for protein bars, supplements, and energy drinks among athletes, bodybuilders, and even weekend warriors was one of the major factors in that growth,” she adds, pointing to findings that rising disposable incomes, urbanization, and the sheer building boom in gyms and fitness centers gave further cause to be bullish on the category. · McNamara “When your account for all the categories that have been subsumed into sports nutrition,” he says, “it’s a huge market. Diversification into weight management, athletic performance, energy, and even cognitive performance has transformed it from a niche category targeting gym goers to a broader consumer base looking to fuel their active lifestyles. And that’s a good thing, it has built a strong category.” - Brian Appell, Director, Global Communications, OmniActive Health Technologies (Morristown, NJ) “An economic crisis could impact categories that consumers consider non-essential, including products that are more lifestyle-targeted and not developed to aid serious health issues. The latter is, of course, subjective and for each consumer to decide, but we expect products addressing various deficiencies, pain management, diabetes, stress, cardiovascular health, or prenatal supplements to be less affected, to name a few.” · Mike Hughes, Head of Research and Insights, FMCG Gurus “Sports nutrition is a product category that may take a short-term hit as a result of COVID-19. This is because consumers who regularly go to the gym are being forced to adjust the way that they exercise due to restrictions, whilst everyday consumers may swap better-for-you snacks for traditional, comfort-orientated snacks. Consumers will not neglect other areas of their health due to COVID-19. For instance, many are recognizing that the virus is having an impact on their mental wellbeing and resulting in issues such as weight gain, something that they want to address. This means that they will pay closer attention to product claims whilst also assessing if an increase in ingredients such as protein and vitamin D can be obtained from everyday food and drink products.” · George Kuriakose, Head of Operations, Anaha LifeCare “In India and across the world, predominantly whey protein and some form of sports drink such as glucose water has been the prevalent form of nutrition. Today as we evolve, there are different forms of nutrition that are helping the athletes perform better every day and this is the way sports nutrition will evolve.” · Vijayaraghavan Venugopal, CEO of Aeronutrix Sports Products Pvt. Ltd., “We created a pay protection program providing paid leave and benefits to any team member who was feeling unwell, quarantined due to close contact or who tested positive. The first 15 days of coronavirus-related absences are covered at 100% of base pay and if needed, subsequent days of leaves are covered at our regular short-term disability coverage pay percentages with no limit. This pay program has been instrumental in our ability to keep our team members safe. We have been proactive in communicating often to ensure they know that it is okay, and encouraged, to stay at home when feeling unwell or if they have been exposed to someone with COVID-19. If someone doesn’t feel well, there is no financial hardship to stay home. Our efforts exceed the CDC and OSHA guidelines.” · Hormel Foods Corporation. CONCLUSION As the effects of COVID-19 are felt around the world, sports nutrition manufacturers have been significantly impacted by raised consumption and awareness regarding health. However, regulatory norms around social distancing across multiple nations, reduced social gatherings were estimated to impact the meat substitutes and vegetable protein to a high extent. However, sports nutrition manufacturers have been seeing a stable sale in their products and hence stability in demand during the coming months of the fiscal year. Sports nutrition is one of the major consumer health products demanded by health conscious people, athletes and sports person who has raised the sales of protein powder, health drinks and other healthy supplements owing to impacting wellbeing of health. There have been vast changes in the consumption pattern among pet food which are particularly “at-home” has been gaining popularity. Though, there has been a stable growth in demand for sports nutritional products, the purchasing behavior among consumers have greatly disrupted the distribution channels for these products. Also, owing to the COVID-19 outbreak, there has been an increasing awareness among sports person, on healthy diet wherein, the demand for healthy ingredients in diet has been on a rise. Protein, vitamin and other essential ingredients in sports nutritional products is expected to grow substantially during the coming years, with the rising awareness. Thus, the impact of pandemic has been neutral for the sports nutrition industry across the globe and hence, a stable growth can be observed in the industry during coming years, with many opportunities of new products development for the manufacturers. Read more….
Famous Places to Visit in Jaipur
Explore famous monuments and historical sites of the Pink City of Rajasthan. Jaipur showcases the rich and vibrant culture and tradition of Rajasthan by rajasthantourdriver.com. Jaipur is the largest city in Rajasthan and was built in the 18th century by Sawai Jai Singh as India’s first planned city. Jaipur is a major tourist attraction amongst Indian as well as international travelers. JAIPUR known as the ‘Pink City’, it is home to a wonderful selection of ancient forts and palaces. This is fastest growing city of the world and it belongs to the tourist Golden Triangle of Delhi, Jaipur and Agra. Aside from the ubiquitous pink colour, Jaipur’s culture is very well witnessed through visiting the enticing monuments like City Palace, Amber Fort, Albert Hall Museum, Hawa Mahal, Jantar Mantar, Jal Mahal, and Birla Temple etc. on this private sightseeing tour of Jaipur. City Palace Once you are in the Pink City, you will naturally be inclined to visit City Palace. It was constructed by Sawai Jai Singh II between 1729 and 1732 AD. The palace complex comprises of Chandra Mahal and Mubarak Mahal. Now, Chandra Mahal has been converted into museum that houses exclusive handcrafted products and other products that depict the cultural heritage of the kingdom. Not only will you enjoy the architecture, you will be awe struck by the glorious view of Pink City from here. Amer Fort Also known as Amer Fort, it is located in Amer, which is around 11 kilometers from Jaipur. It was constructed by Raja Mansingh in the year 1592. It was later expanded by Raja Jai Singh I. The red sandstone and marble stone construction reflect a blend of Hindu-Muslim architecture. The main entrance faces east and there are three more entrances. There are four courtyards in Amber Palace. One of the courtyards has the Public Audience Hall, called the Diwan-i-Aam. Albert Hall Museum Adorning the gates of Old City and flanked by the famous Ram Niwas gardens, Albert Hall Museum is a stunning example of Indo-Saracenic style architecture. Named after the Prince of Wales, Albert Edward and completed in the year 1887, this museum is one of India’s oldest center for art and culture exploration. The museum houses many artifacts, paintings from different parts of India and even an Egyptian mummy that is increasingly becoming popular. In the recent times, Albert Hall has also become a hub for many activities like concerts, rallies and festivals. or even rest in the nearby restaurants like. Hawa Mahal An iconic monument that is often used for representing Jaipur City, Hawa Mahal is an unmissable attraction. A one of its kind of monument in Jaipur, Hawa Mahal is majorly known for its 953 jharokas (windows) that make its facade. Built by Maharaj Sawai Pratap Singh in Rajputana style of architecture, it is a five-storey building that was constructed for the women of the royal family to see the everyday happenings in the city without being seen themselves due to the prevalence of the Purdah system, then. Jal Mahal Another iconic building in Jaipur, Jal Mahal is an absolute visual treat. Situated amidst Man Sagar Lake, Jal Mahal is a popular tourist attraction in Jaipur and is also amongst the most photographed sites in the city. Built by Maharaj Sawai Jai Singh II, it mainly draws tourists in the evening when it shimmers with lights and its reflection falls on the lake. Jal Mahal is also flocked by many seasonal birds since it is situated amidst the lake, and is therefore a great place for birdwatching, especially in the winters. Jantar Mantar If you have any doubts about having to spend your time at an observatory on your tour, reconsider it. Jantar Mantar is not just like any other average observatory; it is ranked amongst the largest observatories of the world. Built during the period of Maharaja Jai Singh II, the astronomical observatory has the largest sundial of the world. Maharaja Jai Singh II had avid interest in various subjects including architecture, astronomy, philosophy and astronomy. His keen interest in astronomy led him to construct the country’s largest observatory. The geometric devices available here are used in measuring time, observing constellations and orbits around the biggest star. The astrological instruments attract astronomers and architects from all parts of the world. Whatever your level of interest in space, you will be inspired by Jantar Mantar Birla Temple Another religious site in Jaipur that catches the eyes of the tourists is Birla Temple or Lakshmi Narayan Temple. Situated at the base of Moti Dungri in south Jaipur, the Birla Temple is popular for its exquisite carvings done on white marbles, and is thus widely acclaimed as a marble marvel. The main attractions of Birla Temple are the images of Laxmi and Narayan, carved from one piece of marble.
Traditional Herbal Remedies For Primary Health Care(Best Hakeem in Rawalpindi)
Traditional herbal remedies comprise the finest part of traditional medical system(Best Hakeem in Rawalpindi), which has existed since thousands of years ago. They have contributed in the elimination of infections and their associated symptoms by their various health promoting, preventive and curative properties. They have been used by all civilizations as an integral part of their daily food diet. The early Chinese, Ayurvedic Indians, Native Americans, Egyptians and many other civilizations have consistently used it for various health problems for thousands of year. This is one reason why they never faced with any kind of modern diseases or ailments. Traditional herbal medicines(Best Hakeem in Rawalpindi) are known by different names. These names include naturopathy, Ayurveda, herbal medicine, Ayurveda naturopathy, herbal cures and many more. They are the products of plant extracts from herbs. They can be prepared as teas, capsules, pills and drinks. Many of them are very useful for weight loss, to prevent diseases, to improve fertility, to enhance energy and mood, to heal bleeding and allergies, and to regulate body temperature. They are also used to reduce stress, regulate blood pressure and cholesterol levels, as well as to ease muscle pain and spasms. Herbs are basically divided into three categories: herbs with medicinal value (tinctures), herbs with expectorant, anti-inflammatory and sedative effects (extracts). Herbs such as Aloe Vera (Aloe barbadensis), Arnica (Arnica polyscera), Barberry (Berberis aristata), Chamomile (Cnidium monnieri), Echinacea (Epimedium ganoderma), Garlic (Allium sativum), Holy basil (Pluchea lanceolata), Lemon balm (Litchi dioica), Licorice (Glycyrrhiza glabra), Marjoram (JJsporium), Nettles (Cinnamomum zeylanicum) and Rosemary (Rosmarinus officinalis) have healing qualities. Herbs such as Aloe, Licorice, Nettles, Garlic etc. may be used for specific disorders like arthritis, diabetes, high blood pressure, headache, menstrual disorders, urinary tract disorders, thrush, to increase energy, to improve appearance of skin and hair, to detoxify the body, to induce menstruation, as well as for other purposes. Herbs such as Belladonna (Piper longum), Chamomile (Pluchea lanceolata), Gotu Kola (Picrorrhiza kurroa), Licorice (Glycyrrhiza glabra), Marjoram (JJsporium), Nettle (Cinnamomum zeylanicum), Purslane (Cinnamomum aromaticum), Sage (Arctostaphylos uva ursi), Southernwood (Myristica fragrans) and Sweetgrass (Cissampelos pareira) are used to treat common internal problems like the stomach, gall bladder, liver, kidney, pancreas, throat and many more. Some of these herbs act as strong antioxidants and are used in combination with others for fighting different types of cancer. Pregnant women can use some of these herbs to get rid of placenta cancer. Ayurvedic medicines(Best Hakeem in Rawalpindi) are very useful for treating common external problems like sunburn, dandruff, acne and skin irritation. Some of the most effective treatments are described below. To relieve sore throat, ginger and lemon grass infusion is used in cold. For children who suffer from diarrhea, green tea is an excellent herbal remedy. For babies, black cohosh, yellow dock, golden seal and slippery elm bark are good herbal remedies for diaper rash. If you want to reduce cough and sore throat, you can use golden seal, rhubarb and licorice root. Ginger and lemon grass juices can be used as a gargle for quick relief of sore throats and cough. For a soothing effect on the stomach, it is useful to boil water in a pan and add few spoons of rock salt. If you have persistent abdominal pain, turmeric paste mixed with equal parts of yogurt and coconut oil is an excellent herbal cure. It relives abdominal pains in a natural way. In order to prevent diarrhea, the herb ashwagandha or withania somnifera is used. It relives constipation and improves digestion. Similarly, for mouth inflammations, ashwagandha or withania somnifera is used. To prevent toothaches, dry chewing cumin seeds and dry tumeric powder are used. To improve appetite, pumpkin seeds and mashed banana is a good herbal cure. Traditional herbal cures(Best Hakeem in Rawalpindi) are very helpful for primary health care issues and you may use them as part of your health care routine. These cures are not only inexpensive but also have a very natural and soothing effect. They are a natural way of healing and preventing disease and ill-health.
Rajasthan Tour Driver
Rajasthan Tour Driver is a growing, Jaipur, Rajasthan-based sightseeing tour company, Jaipur sightseeing tour, and other One-day tours from Jaipur, Tuk Tuk Tour, along with this we are providing fabulous Golden Triangle tour packages and Rajasthan Tour Packages and specially customized tour packages all with English-speaking driver and AC vehicles. We Rajasthan Tour Driver was founded in 2012 with aim to offer high-quality service to all our customers, regardless of their profitability. We are a full-service travel management company in Jaipur, Rajasthan, providing travel solutions to enthusiastic travellers from around the world. We are not just travel agents, we are tour planners and will take all the hassle out of finding and making a booking for you. Using our extensive knowledge and expertise on all our travel experiences, we will be happy to offer you suggestions, recommendations and general advice to ensure you get the most out of your hard-earned and valuable holiday. Rajasthan Tour Driver is more than your usual tour operator in Jaipur. We take the time to get to know your individual requirements and budget, your tastes, and your desires – to design your unique holiday experience. Our highly experienced staff have unrivaled destination knowledge and global contacts to satisfy any whim. Rajasthan Tour Driver is offering taxi service in all cities of Rajasthan like Jaipur, Jodhpur, Jaisalmer, Udaipur, Ranthambore, Mount Abu, Alwar, Kota, Bundi, Sikar, etc, and along with car rental, we have tempo traveller rental, luxury car rental, tour packages etc. Rajasthan Tour Driver – for those who appreciate experience, knowledge, and the best possible advice Contact Details: Call: +91 9571915083 Email: enquiry@rajasthantourdriver.com
COVID-19 Impact on Healthy Food | Food and Beverage Industry | Data Bridge Market Research
COVID-19 Impact on Crude Oil in the Chemical and Materials Industry In crude oil market, every manufacturer expected a huge crisis due to the pandemic created by the COVID-19 all over the world. COVID-19 widely impacted the demand and price of crude oil globally. The price of the crude price has been fall below USD 10 per barrel. Due to the pandemic it is very difficult for the oil importing and exporting nations such as India, the U.S. and China to recover from the COVID-19 effect but the oil exporting nations will go bankrupt if this scenario will remain continue. Due to the crisis the crude oil industry entered into a very turbulent phase. Oil importing nations can take the benefits of low oil price whereas the oil manufacturing and exporting nations will have to find other alternatives to generate the profit margin. As per the report of Energy Institute of Haas, the prices of crude oil prices have been fallen nearly 40% due to the reduction or delay in various projects. For instance, In May 2020, Petrofac Ltd announced the delays in their new oil projects until 2021 due to the pandemic situation and the disruptions in the supply chain. In April 2020, The Kuwait National Petroleum Co. (KNPC) announced that their new project of Al-Ahmadi oil refinery has been halted as many of their employees and workers have been tested positive for Coronavirus. The aviation and transportation industries accounts for approximately 11.0% share of the total crude oil sector and the entire sector is the second major consumer of global crude oil demand. According to the report published by EIA, jet fuel consumption declined by 540,000 barrel per day to 1.2 million barrel per day in 2020 from 2019 average. The average consumption will rise in 2021 and averages 1.5 million barrel per day will be consumed, remaining less than the 2019 consumption level of 1.7 million barrel per day. The restriction in the movement from place to another will widely affect the crude oil market. According to the International Energy Agency, the crude oil demand in 2020 is expected to reach 90,000 barrel per day which is decline from 2019, from its previous estimate of about a 1 million barrel per day. If the situation will remain same there will a strong chances that many oil manufacturers will become bankrupt. To save themselves from this situation many manufacturers and also some politicians, are arguing that the federal government must subsidize the oil manufacturers through low-interest loans or they can also reduce the drilling royalties. Consumption of the U.S. liquid fuels fell in early 2020 as a result of reduced travel because of COVID-19 and associated mitigation measures. Consumption of liquid fuels in the United States reached its low point in April at an average of 14.7 million barrels per day (b/d), down 5.4 million b/d from April 2019. As per the report published by Reserve Bank of India, the GDP of the country fell down on a wider range due to the COVID-19 crisis. Since, India is the major importer of oil which is approximately 80% from other countries and the lowering of oil prices will reduce the CAD for the economy. The current savings in CAD amount can be further used to support the country financing to deal with the tragic situation. In the U.S., more than 600,000 barrels per day in production cuts have been generated follow with Canada 300,000 bpd of shut-ins and Brazil’s has reduced output by 200,000 bpd. COVID-19 pandemics has been widely impacted the global economy. For instance, Oil prices in the U.S. went below zero in April 2020. Most of the oil manufacturing companies halted production. Due to the restriction in travelling and lockdown billion of peoples stay back in their home which will decline the demand of oil and gas and reduce the overall revenue. Due to the situation the industry is considering resorting to burning their oil and also closing their oil wells inset to take it off the market. For instance, Harold Hamm’s Continental Resources Inc (CLR.N) shut down their oil wells and the company officially announced that they will not further deliver the crude to the customers due to poor economics. Chevron Corp announced that they were closing their operation at Venezuela due to the economic crisis. COMPANIES INITIATIVES DURING COVID-19 Falling crude oil price has already created enough distress among the countries globally. Oil manufacturers are adopting new technologies and taking new initiatives to convert this pandemic into their favor. According to the ONGC, with the trouble situation and imposition of lockdown, onshore and offshore operations have been widely hampered. However, in April, 2020, the onshore drilling operations have been restarted in many places. The U.S., Germany and other developed countries are reducing the expenditure in energy. For instance, every reduction of USD 4 in commodity prices can lead to the USD 5 billion in import bill savings for India, and that saving can be reutilized and reinvested in the new technologies to generate new profit margin. By implementing various strategies such as growing production capacity, new product releases, product availability, the manufacturers aim to achieve optimum market growth and the stressful situation in their favor. Read More..