8 Transformational Dairy Industry Innovation Trends in 2024
Driven by shifting consumer preferences and expectations, dairy companies are rising to the challenge of prioritizing health, sustainability, and digitalization. Just like last year, our dedicated team conducted a thorough investigation to understand where the dairy industry was heading in 2024 and what the future would look like. After going through research papers, dairy forums, […]
Agriculture Technology Trends 2024: Farming Innovations Worth $148 Billion To Explore
The global agricultural technology market will grow to approximately $56.74 billion by 2030. The world’s largest agricultural companies, like Cargill Inc. and Bayer, are rapidly developing agrotech solutions for farmers using cloud computing, special sensors, drones, and AI. This rising interest in agricultural technologies is due to increasing urbanization, the need to monitor livestock health, […]
Confirming Product Overlap in Patent Infringement Analysis with Limited Online Resources
The standard approach to prove product overlap during patent infringement analysis involves researching online resources such as product manuals, datasheets, and FAQs. However, online literature won’t always provide conclusive evidence for technology overlap in certain high-tech sectors such as LiDAR (Light Detection and ranging) and semiconductors. This issue is compounded by the complexity of the […]
5 Trends in the Textile Industry Steering a Sustainable Future
Fueled by changing consumer preferences, technological advancements, and sustainability concerns, the textile industry is seeing a rigorous change in its traditional ways. The major textile industry trends are from manufacturing to recycling, novel fabrics, and advanced and sustainable manufacturing methods. Evidently, the industry will reach 755.38 billion USD in 2027, experiencing a CAGR of 5.5%. […]
Probiotics: Revolutionizing Cosmetic R&D with Microbiome Magic
The human skin is teeming with a diverse world of microorganisms, collectively known as the microbiome. This invisible ecosystem is crucial in maintaining skin health, influencing everything from barrier function to inflammation and sensitivity. In recent years, researchers have unlocked the hidden potential of this microbial community, paving the way for a revolutionary approach to […]
AI in Skincare: Notable Innovations from Industry Giants
The global skincare market is projected to reach a staggering $273.3 billion by 2031, of which $15.75 billion will be AI-powered applications. Industry giants like L’Oreal have already begun integrating artificial intelligence technologies to enhance their customers’ skin care. Beauty companies use AI to precisely analyze skin texture, pigmentation, hydration, etc., and create personalized products […]
Waterless Cosmetics: A Multi-Billion Dollar Beauty Trend for 2024
Skyquest expects the market share of waterless cosmetic products to grow to 20 billion USD by 2030. Waterless products have broken out of South Korean markets and have slowly become popular in the West since 2015, mainly due to more eco-conscious consumers. Since these products are not diluted with water, they need minimal preservatives, if […]
Sustainable Beauty: Transforming Kitchen Staples into Innovative Cosmetic Ingredients
As familiar as we are with traditional cosmetic elements such as water, emulsifiers, preservatives, fragrances, colorants, surfactants, and antioxidants, there is a notable shift in ingredients. This shift signals a growing demand for sustainable, natural, and eco-friendly cosmetics in the foreseeable future. Statistical insights project that the global cosmetic ingredients market will grow substantially from […]
Precision Fermentation for Palm Oil Alternatives – Insights from Maximilian Webers, Co-founder of Colipi
As the world’s most widely used vegetable oil, from food to cosmetics, palm oil drives a $68 billion market. However, its unrestrained expansion eradicates rainforests vital to mitigating climate change. If left unaddressed, the palm oil supply chain risks market instability, operational risks, and shrinking profit pools as consumer brands demanding deforestation-free supply struggle to […]
How Artificial Intelligence Catalyzes Innovation in the Chemical Industry
In a survey by IBM, more than 80% of chemical industry executives said they believe that artificial intelligence will immensely impact their business within the next three years. AI (Artificial Intelligence) is rapidly becoming an indispensable component of the chemical industry. The global AI in the chemical market is expected to be worth around $16.94 […]
7 Trends Driving a Sustainable Future in Textile
The textile industry releases 1.7 million tons of CO2 annually, making up 10% of the world’s greenhouse gas emissions. Clothing and textile waste is taking at least 7% of the global landscape space. This has become a primary environmental concern. Rising consumer awareness and government pressure have prompted companies in this domain to research sustainable […]
4 Phases of Successful Patent Acquisition Strategy
The strategic patent acquisition has proven to be a game-changing move for those seeking to safeguard their innovations, enhance their market standing, and potentially increase revenue. Nortel’s bankruptcy in 2009 led to a consortium of tech giants, including Apple and Microsoft, shelling out $4.5 billion in 2011 to secure its 6,000-strong patent portfolio. Google’s 2012 […]
What does Microsoft’s acquisition of Activision Blizzard’s huge IP Portfolio mean for you?
On October 13th, 2023, Microsoft officially closed its acquisition of video game developer Activision Blizzard King, nearly 21 months after announcing it. Here are some highlights of this deal that make it worth mentioning. Cloud gaming is the future of the gaming sector, and currently, Microsoft has 60-70% of the cloud gaming market. The announcement […]
Power of Artificial Intelligence in the Textile Industry
The recent stats suggest that AI’s integration into the global fashion market is expected to reach 4.4 billion USD by 2027! As AI helps tackle industry challenges like accuracy and precision, such growth reflects the sector’s profound impact on AI. This study discusses the recent developments in AI-integrated textiles and their impact on the textile […]
3 Disruptive regenerative packaging trends in 2024
According to recent stats, the global sustainable packaging market will double and hit around USD 211.51 billion in 2032. In response to shifting customer preferences and a growing emphasis on environmental responsibility, businesses are increasingly adopting sustainable packaging. However, the ongoing research goes beyond conventional sustainability, aiming to rejuvenate and replenish our natural resources actively. […]
Detecting Pests in Agriculture using Artificial Intelligence
According to a United Nations report, up to 40% of yearly global crop production is lost to pests. Plant diseases cost the world economy over $220 billion and pests approximately $70 billion. These devastating losses exacerbate farmers’ hardships and cause scarcity of high-quality food. Fortunately, artificial intelligence proves to be a powerful ally for effective […]
