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29 10, 2024

SKALE Labs and Deadfellaz Partner to Launch Genre Defying Digital TCG ‘Death Touch’

By |2024-10-29T20:06:51+03:00October 29, 2024|News, NFT News|0 Comments


San Francisco, CA, United States, October 29th, 2024, Chainwire

The ‘Death Touch’ alpha is set to launch in Q1 ‘25 on SKALE’s gas-free network

SKALE, the gas-free invisible blockchain, today announced a partnership with Deadfellaz, a popular Ethereum NFT project, to bring a genre-defying digital trading card game (TCG) Death Touch to SKALE.

Set to release in early access during Q1 ‘25, Death Touch joins as a marquee gaming title in SKALE’s growing catalog of over 150+ games currently in development on the network. With over 6,000 unique collectors, Deadfellaz plans to launch Death Touch with its community at the forefront of a push into mainstream mobile gaming.

Andrew Saunders, Chief Marketing and Growth Officer at SKALE Labs, commented on today’s news: “I couldn’t be more excited to bring iconic web3 IP into the SKALE ecosystem. As blockchain gaming inevitably continues to grow, it’s exciting to see projects which are truly building for consumer adoption vs. brand adoption. Deadfellaz was also my first PFP NFT, so as a community member of three years, it’s exciting to see founders I have personally believed in from the start, continue to build in the right direction.”

Deadfellaz selected SKALE as the home for Death Touch as its architecture offers the optimal blockchain experience for gaming projects, with over 45 million unique active gaming wallets and $8.5 Billion saved in gas fees to date. SKALE’s speed and high-throughput capabilities, via invisible blockchain underpinning, allow for a gaming experience akin to that of Web2 infrastructure and will be a critical component as SKALE aims to drive mass adoption of Web3 gaming. SKALE’s distinctive zero-gas fee anatomy allows Death Touch players not to waste money on exorbitant transaction fees and to keep the focus primarily on the gaming experience.

Psych, Co-Founder of Deadfellaz, added: “Deadfellaz has always been pushing at the forefront of interactive storytelling & gamification. This set the stage for our highly-anticipated digital TCG “Deathtouch”, a mobile-first title, built for fans of the TCG genre wanting something more exciting & interactive than what they are used to. This endeavor has been further bolstered by our partnership with SKALE, as their gas-free structure will enable us to grow this F2P title in a way that makes sense for our web3 gamers, competitive gamers & the average casual gamer.”

Today’s news comes on the heels of SKALE’s partnership announcement with Atari and Pong founder, Nolan Bushnell, as he seeks to build his next gaming venture on SKALE. With more than 150 projects currently being developed and released on SKALE, the chain has quickly become a leading player in the web3 gaming space. 

More information about Death Touch will be available closer to its launch in early 2025. For more information on SKALE Labs, users can visit their website or follow on X.

About SKALE Labs

SKALE Labs is the foundation behind SKALE, the gas-free invisible blockchain designed to scale gaming, AI, social, and high-performance dApps to the masses. SKALE is BUILT DIFFERENT. Chains are gas-free, fast, modular, and fully EVM-Compatible, making them ideal for a wide range of decentralized applications. With a commitment to driving the mass adoption of Web3 technologies, SKALE empowers developers and businesses to build scalable, efficient, and user-centric blockchain applications.

Harmonizing speed, security, and decentralization, SKALE Labs was born in Cali in 2018 by Jack O’Holleran and Stan Kladko, PhD. As of Q3 2024, the network serves over 5 Million monthly active users and has saved $8.5 Billion in gas fees.

Contact

Senior Account Director
Dillon Arace
M Group Strategic Communications
darace@mgroupsc.com


Disclaimer: This is a sponsored post. The Crypto Times does not take any editorial responsibility for the accuracy, quality and fairness of the published content. We advise our readers to always do their own research before engaging with any products mentioned on our website.





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29 10, 2024

XAG/USD rallies to near $34.50 after weak US Job Openings data

By |2024-10-29T20:05:44+03:00October 29, 2024|Forex News, News|0 Comments


  • Silver price surges to near $34.50 as the US JOLTS Job Openings data for September has come in weaker-than-expected.
  • The US Dollar surrenders its intraday gains as soft job vacancy data pointed to a slowdown in labor demand.
  • Investors will focus on a slew of US economic data.

Silver price (XAG/USD) discovers strong buying interest in Tuesday’s North American session as the United States (US) Bureau of Labor Statistics (BLS) has reported weak set of JOLTS Job Openings data for September. The white metal extends its rally to near $34.50 as soft job opening numbers have pointed to a slowdown in the job market.

Weak US job openings data has weighed on the US Dollar (USD), which has given up its entire intraday gains. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, falls back to nearly 104.30 after refreshing an almost three-month high of around 104.60. 10-year US Treasury yields surrender some of its intraday gains but hold the key support of 4.20%.

US Dollar PRICE Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.07% -0.20% 0.06% 0.08% 0.33% 0.23% 0.25%
EUR -0.07%   -0.27% -0.02% 0.02% 0.26% 0.16% 0.22%
GBP 0.20% 0.27%   0.28% 0.29% 0.53% 0.43% 0.48%
JPY -0.06% 0.02% -0.28%   0.03% 0.28% 0.17% 0.24%
CAD -0.08% -0.02% -0.29% -0.03%   0.24% 0.15% 0.20%
AUD -0.33% -0.26% -0.53% -0.28% -0.24%   -0.10% -0.08%
NZD -0.23% -0.16% -0.43% -0.17% -0.15% 0.10%   0.03%
CHF -0.25% -0.22% -0.48% -0.24% -0.20% 0.08% -0.03%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

This week, investors will pay close attention to the US Q3 Gross Domestic Product (GDP), Personal Consumption Expenditure Price Index (PCE) data for September, the Nonfarm Payrolls (NFP), and the ISM Manufacturing PMI data for October published this week.

The economic data will indicate how the Federal Reserve’s (Fed) monetary policy will shape the remainder of the year.

Meanwhile, the outlook of the Silver price will remain firm amid uncertainty over US presidential elections on November 5. Traders expect former US President Donald Trump to return to power, while national polls have shown fierce competition with current Vice President Kamala Harris. The risk profile has remained favorable for safe-haven assets as Trump is expected to implement protectionist policies, which will result in an inflationary environment and will have an adverse impact on the currencies of the US’s major trading partners.

Silver technical analysis

Silver price aims to recapture a fresh over 12-year high near $35.00 after a breakout of three-day consolidation. The horizontal support plotted from the May 21 high of $32.50, on a daily timeframe, will act as a key cushion for Silver price bulls from where it delivered a five-month consolidation breakout. Upward-sloping 20-day Exponential Moving Average (EMA) near $32.70 signals more upside ahead.

The 14-day Relative Strength Index (RSI) stays in the 60.00-80.00, pointing to an active bullish momentum.

Silver daily chart

Economic Indicator

Gross Domestic Product Annualized

The real Gross Domestic Product (GDP) Annualized, released quarterly by the US Bureau of Economic Analysis, measures the value of the final goods and services produced in the United States in a given period of time. Changes in GDP are the most popular indicator of the nation’s overall economic health. The data is expressed at an annualized rate, which means that the rate has been adjusted to reflect the amount GDP would have changed over a year’s time, had it continued to grow at that specific rate. Generally speaking, a high reading is seen as bullish for the US Dollar (USD), while a low reading is seen as bearish.

Read more.

 



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29 10, 2024

Weight Loss Supplements Market is expected to reach USD 177.29

By |2024-10-29T18:43:00+03:00October 29, 2024|Dietary Supplements News, News|0 Comments


Weight Loss Supplements Market

The Weight Loss Supplements Market size was valued at USD 47.23 Billion in 2023 and the total Weight Loss Supplements revenue is expected to grow at a CAGR of 20.8% from 2024 to 2030, reaching nearly USD 177.29 Billion.

𝐖𝐞𝐢𝐠𝐡𝐭 𝐋𝐨𝐬𝐬 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The market for weight loss supplements is a lucrative industry for the production, sale, and distribution of products that help individuals in reducing or dropping weight. These products are available in various forms like pills, capsules, powder, liquids, and other dietary formulas containing ingredients such as vitamins, minerals, herbs, or synthetic compounds, all claiming to aid weight or fat loss.

Obesity is a intricate, multifaceted issue that occurs when there is an uneven distribution of energy intake and energy expenditure. It is impacted by a range of factors such as genetics, environment, behaviour, and socio-economic factors. The increase in worldwide obesity is mainly due to alterations in the contemporary environment, where there is easy availability of high-calorie, low-nutrient food, sedentary behaviour, and restricted chances for physical activity. Socioeconomic inequalities are a significant factor in this epidemic, with those of lower income and education facing a higher risk of obesity because they have less access to healthy food choices and fewer opportunities for exercise.

North America is the primary geographical market for weight loss supplements. This is because of several reasons such as numerous individuals having high levels of obesity or being overweight, a growing awareness of health and wellness, a large and robust industry, and a supportive regulatory climate. The North American market has several important players, and the convenience of product availability is likely to drive growth in the regional weight loss supplements market. Key stakeholders have a chance to develop fresh products as a result of growing interest in natural and plant-derived supplements in North America.

𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐋𝐢𝐧𝐤:https://www.maximizemarketresearch.com/request-sample/219979/

𝐖𝐞𝐢𝐠𝐡𝐭 𝐋𝐨𝐬𝐬 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐧𝐧𝐞𝐥

Offline Channel

Online Channel

𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫

Under 18 Years

18 to 40 Years

40 to 50 Years

Above 50

𝐅𝐨𝐫 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐜𝐥𝐢𝐜𝐤 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐥𝐢𝐧𝐤:https://www.maximizemarketresearch.com/request-sample/219979/

𝐖𝐞𝐢𝐠𝐡𝐭 𝐋𝐨𝐬𝐬 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐥𝐞𝐚𝐝𝐞𝐫𝐬

Glanbia PLC

GlaxoSmithKline PLC

Herbalife Nutrition Ltd

Abbott

Kellogg Company

Kraft Heinz Company

Amway Corporation

Nestle

PepsiCo

Ajinomoto Co. Inc.

Ultimate Life Ltd

Wolfsan Berg Limited

Amway

GlaxoSmithKline Plc

Iovate Health Sciences International Inc

Glanbia Plc

General Nutrition Centers Inc

Vitaco

Abh Pharma Inc

Shaklee Corporation

𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 @https://www.maximizemarketresearch.com/request-sample/219979/

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What was the Market size in 2023?

What is the projected demand for the Weight Loss Supplements Market?

Which are the factors expected to drive the Market growth?

What is the future projection for the Weight Loss Supplements Market?

𝐓𝐨 𝐆𝐞𝐭 𝐌𝐨𝐫𝐞:https://www.maximizemarketresearch.com/market-report/weight-loss-supplements-market/219979/

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Weight Loss Supplements Market Size and Competitive Landscape (2018 to 2022)

Past Pricing and price curve by region (2018 to 2022)

Weight Loss Supplements Market Size, Share, Size & Forecast by Different Segment | 2024-2030

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

Recommendations

𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧

The Europe Patient Engagement Solutions Market value is projected to reach US$ 8.44 Bn. at the end of the forecast period and it is expected to grow at the CAGR of 17.3%.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/europe-patient-engagement-solutions-market/1831/

Global Ocular inflammation treatment market is expected to reach US$ 262.02 Mn. at a CAGR of 6 during the forecast period 2029.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-ocular-inflammation-treatment-market/3170/

Veterinary Surgical Instruments Market is expected to grow at a CAGR of 6.05% during the forecast period. Global Veterinary Surgical Instruments Market is expected to reach US$ 1.25 Bn. by 2029.

𝐆𝐞𝐭 𝐈𝐧𝐟𝐨:https://www.maximizemarketresearch.com/market-report/global-veterinary-surgical-instruments-market/7743/

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.

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Pune, Maharashtra 411041, India.

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🖂 sales@maximizemarketresearch.com

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

This release was published on openPR.



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29 10, 2024

Tests Key Support Zone (Video)

By |2024-10-29T18:12:53+03:00October 29, 2024|Forex News, News|0 Comments

  • The Euro has rallied a bit during the course of the trading session on Monday against the British pound.
  • As we continue to see a lot of market participants test the 0.83 level for support.
  • Ultimately, we did find it. And that of course is a relatively good sign, but we also have to keep in mind that we have been here multiple times in the past and as a result, the market is still currently cutting back and forth between the 0.83 level on the bottom and the 0.84 level on the top.
  • The 50 day EMA sits just below the 0.84 level and is offering significant resistance as was support previously.

If We Break Higher

If we could break above the 0.84 level, then the market is likely to go looking to the 200 day EMA, which is closer to the 0.8480 level. If we were to turn around and break down below the 0.83 level, then the market really starts to unwind as it would be a break of the massive support level that’s been important for multiple years and at multiple times.

All things being equal, this is a market that is neutral, but it’s trying to sort out whether or not we are finding some type of floor for the market. I do expect choppiness and noisy behavior, but quite frankly, that’s nothing new for this pair. And ultimately, this is a market that I think given enough time, we’ll have to make a bigger decision. Once we break out of this 100 point range, then it will become increasingly obvious. If we do break out of that area, then the market is likely to continue to go much higher or lower, and the so-called “measured move” of course would be for 100 points. This is a pair that does tend to be very choppy and noisy, so keep that in mind if you are in fact trying to trade it.

Ready to trade our daily Forex forecast? Here’s some of the best forex broker UK reviews to check out. 

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29 10, 2024

Why Is Dogecoin Price Going Up Today?

By |2024-10-29T18:11:21+03:00October 29, 2024|Crypto News, News|0 Comments

Dogecoin price is on an unstoppable run fueled by multiple factors from Elon Musk’s Department of Government Efficiency (DOGE) proposal to a technical breakout in DOGE chart. As a result, crypto market participants’ speculation on DOGE price to $1 has risen considerably as it skyrocketed by more than 35% this month.

Elon Musk’s DOGE Proposal Fuels Dogecoin Price

Elon Musk’s significant support to re-elect Donald Trump and his participation in rallies have boosted Trump’s odds of winning the 2024 presidential election. Trump’s win will direct the establishment of the Department of Government Efficiency (DOGE) in his administration, which may also cause Dogecoin price to hit $1.

Polymarket data shows Donald Trump’s odds of winning climbed to 66%, a 22% gap against Democrat Kamala Harris just ahead of the election. Trump’s support of Bitcoin and crypto regulation to bring a paradigm change in the crypto industry.

As CoinGape reported, Elon Musk predicted saving at least $2 trillion from the $6.5 trillion wasted by the Biden-Harris administration. Also, Musk’s repeated mentions of ‘DOGE’ has fueled the upside momentum in DOGE price today.

Moreover, Custodia Bank CEO Caitlin Long reacted and shared her recommendations to DOGE founding members Howard Lutnick and Musk. She also called for keeping an eye on federal employees and regulations terrorizing businesses like Custodia.

Multiple Factors Signals Bullish Target For DOGE

Popular crypto analyst Ali Martinez predicted another 25% gains for the meme coin in a Dogecoin price analysis. He said it is forming a flag and pole pattern on the charts, triggering a rally to at least $0.175.

Another popular analyst Rekt Capital predicted that DOGE can hit $0.2 in next year. Dogecoin has successfully retested the red level $0.14 as support and rallied towards the blue resistance $0.16.  

ImageImage

DOGE price is currently trading at $0.1669, with a 24-hour high of 0.1684. The price has rallied 35% in a month as the coin noted an uptick as whales holding onto DOGE. The proposed Department of Government Efficiency (DOGE) and Trump’s promise to offer Musk a key position in his cabinet, has been fueling DOGE to $1 sentiment.

In the derivatives market, total DOGE futures skyrocketed 28% within 24 hours. This indicates massive demand among derivatives traders. As per Coinglass data, total DOGE futures OI rose above $1.36 billion amid the massive demand.

Why Is Dogecoin Price Going Up Today?Why Is Dogecoin Price Going Up Today?
Source: Coinglass

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Varinder Singh

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



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29 10, 2024

Phytoestrogen Supplements Market Impact of Plant-Based Health

By |2024-10-29T16:41:44+03:00October 29, 2024|Dietary Supplements News, News|0 Comments


Phytoestrogen Supplements Market

The phytoestrogen supplements market is expanding as consumer awareness about natural health products and dietary supplements increases. In 2023, the global market was valued at US$ 3.8 billion and is projected to grow at a CAGR of 4.7%, reaching US$ 6.3 billion by 2034. Phytoestrogens, plant-derived compounds that mimic estrogen, are popular for their health benefits, particularly among women seeking alternatives to traditional hormone therapy. This article examines the market’s current landscape, key drivers, competitive dynamics, emerging trends, and future outlook.

Phytoestrogen supplements are derived from various plant sources, including nuts and oilseeds, soy products, cereals, bread, legumes, meat products, and other natural ingredients. The supplements are primarily used across the food & beverages, nutraceuticals, cosmetics, and other industries. Known for their estrogen-like properties, these supplements are gaining traction as they offer potential benefits in areas such as hormone balance, skin health, and cardiovascular wellness. The rising demand for natural, non-synthetic alternatives to hormone replacement therapy (HRT) is a primary factor contributing to market growth.

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Competitive Landscape

The phytoestrogen supplements market features several prominent companies, including doTerra, Nature’s Plus, Vitacost, Solaray, Helios, Archer-Daniels-Midland Company, SK Bioland Ltd., Medisys Biotech, Guzen Development, Fujicco Co., Ltd., Aushadhi Herbal, Tradichem S.L., Nutra Green Biotechnology Co., Ltd., and Herbo Nutra Extract Private Ltd. Companies are focusing on enhancing their product portfolios to address the rising demand for natural supplements. Strategic partnerships and acquisitions are also common, with firms looking to expand their distribution networks and diversify their sourcing to maintain consistent supply and quality standards.

Emerging Trends

Several key trends are shaping the phytoestrogen supplements market. Consumers increasingly prefer plant-based and organic supplements, reflecting a larger trend towards holistic health. The demand for personalized nutrition is also rising, with companies innovating to develop supplements that cater to specific age groups, lifestyles, and health goals. Additionally, the cosmetics industry has integrated phytoestrogens in anti-aging products, given their potential benefits for skin elasticity and radiance. Digital sales platforms are emerging as a critical channel for supplement sales, providing convenience and fostering greater product accessibility.

Market Dynamics

The market is driven by an aging population and growing health consciousness, particularly among women seeking menopause relief and hormone regulation. Increasing awareness of the potential risks associated with synthetic hormones has spurred demand for natural, plant-based solutions like phytoestrogens. However, challenges such as inconsistent regulatory frameworks, high competition, and potential side effects for certain demographics (such as those with hormone-sensitive conditions) may impact market growth. Product innovations and improved scientific understanding of phytoestrogens’ health impacts will be essential to address these challenges and maintain consumer trust.

Opportunities and Challenges

The phytoestrogen supplements market holds significant opportunities, especially in developing regions where awareness of natural supplements is increasing. In markets like Asia-Pacific, traditional medicine’s integration with modern dietary supplements presents a promising growth area. Conversely, ensuring product consistency and quality amid high competition poses a significant challenge. Furthermore, as consumers become more discerning, transparency regarding sourcing and production practices will be crucial for maintaining brand loyalty.

Access detailed insights by visiting our full report – https://www.transparencymarketresearch.com/phytoestrogen-supplements-market.html

Future Outlook

The phytoestrogen supplements market is set to grow steadily over the next decade, driven by technological advancements in extraction methods and greater interest in preventive healthcare. With ongoing research highlighting the benefits of phytoestrogens beyond hormonal health, such as for cardiovascular and bone health, the market will likely see product diversification and expanded applications. The trend toward natural, minimally processed health products will continue to favor phytoestrogens, creating opportunities for innovation and further market penetration.

Consumer Behavior

Consumers are becoming more informed about health supplements and are actively seeking natural alternatives to synthetic treatments. Women experiencing menopausal symptoms form a large part of the target demographic; however, there is a growing interest among younger consumers in supplements that support overall wellness. Transparent labeling and educational marketing play a significant role in consumer decisions, as buyers seek assurance about product efficacy and safety. Additionally, sustainability and ethical sourcing are increasingly important factors influencing purchasing behavior.

Regional Analysis

North America currently dominates the phytoestrogen supplements market due to high health consciousness, advanced healthcare infrastructure, and the presence of major industry players. Europe follows closely, with consumers in countries like Germany and France showing a strong preference for plant-based supplements. In the Asia-Pacific region, rising disposable income and awareness of dietary supplements, coupled with traditional practices that favor plant-based products, are propelling market growth. Latin America and the Middle East, though smaller in market share, are also witnessing an increase in demand for phytoestrogen supplements, presenting new opportunities for growth.

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Go through further research published by Transparency Market Research:

Tympanostomy Products Market – https://www.transparencymarketresearch.com/tympanostomy-products-market.html

Structural Heart Devices Market – https://www.transparencymarketresearch.com/structural-heart-devices-market.html

Pharmaceutical Testing and Analytical Services Market – https://www.transparencymarketresearch.com/pharmaceutical-testing-analytical-services-market.html

Closed System Transfer Devices (CSTD) Market – https://www.transparencymarketresearch.com/closed-system-transfer-device-market.html

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29 10, 2024

GBP/USD Analysis Today 29/10: Selling Pressure (Chart)

By |2024-10-29T16:11:52+03:00October 29, 2024|Forex News, News|0 Comments

  • The GBP/USD exchange rate is likely to remain under pressure in the coming days, with any bouts of strength likely to be short-lived.
  • As we previously expected for GBP/USD, the downside was favoured as the exchange rate was capped by the 9-day moving average.
  • Fast forward to this week and the same holds true: the exchange rate remains under pressure from the 9-day moving average, with the downside favoured for the next five days, with a target at 1.2909 support.

Technical forecasts for the GBP/USD pair today:

The USD momentum certainly stalled during the latter half of the previous week, leading some to believe that the downtrend is starting to subside. GBP/USD has tried to recover amid USD weakness. However, the rally failed to break above the 9-day moving average at 1.2995, indicating a clear lack of appetite to bet against the USD in the face of impending event risks.

Overall, risk management fundamentals suggest that standing in the way of GBP/USD weakness is unwise at this stage, and those looking to buy the dollar should be able to shed some of their exposure ahead of the US vote next Tuesday. Ahead of the November 5 election, we have the US Non-Farm Payrolls figures due out next Friday.

As is clear, the US dollar’s attack in October was supported by a slew of economic data releases that beat consensus and talked about a strong economy where there is no urgent need for further interest rate cuts from the Federal Reserve.

After entering the month believing that another 75bp of cuts from the Fed were needed, the market is now locked into expecting just one cut. This repricing is certainly significant and may be coming to an end, which could ease the downside pressure on GBP/USD and spark a recovery and a period of neutrality.

However, a strong US Labor market reading on Friday is likely to help US bond yields and the dollar and weigh on GBP/USD.

At the same time, we expect the US election to keep the market focused throughout all of this. What we have seen in recent days is that the odds of a Trump win are consistent with the strength of the dollar. The odds that the market is assuming are certainly settling around a 65% chance of a Trump win, and settling around this threshold could ease the downside pressure on GBP/USD in the coming days. However, we believe that financial markets will remain nervous ahead of the vote, with uncertainty remaining high. Clearly, this is fertile ground for the US dollar and can only add to the sense that GBP/USD is biased to the downside.

Also, this is an important week for the pound as the UK government will release its budget on Thursday. Obviously, we know that this budget is likely to be tough for businesses and investors and therefore a potential headwind for growth. This could weigh on the pound, especially if the market believes that the new tax increases will reduce the UK’s growth potential.

However, analysis suggests that the budget will be expansionary as the Chancellor has changed the UK’s fiscal rules to allow her to borrow more money to invest in projects that could boost the UK’s growth potential. Also, some estimates suggest that the growth boost could be as much as 0.50% in 2025, which would require the Bank of England to be more cautious about cutting interest rates. This would amount to a positive outcome for the pound.

At the same time, the risks to the pound are that the market does not accept expectations of increased borrowing, similar to the reaction to Liz Truss’s aborted 2022 mini budget which caused the pound to collapse. However, all analysts say they have seen and heard enough to believe that this is unlikely, so we believe the budget poses little risk to the pound.

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29 10, 2024

November 2024 Price Prediction Reveals

By |2024-10-29T16:10:19+03:00October 29, 2024|Crypto News, News|0 Comments

The Cardano blockchain’s native token ADA is trading at the $0.34 mark on Tuesday. The leading altcoin snapped its seven-day losing streak by surging more than 5% in the day’s trade. The spike in price comes after Bitcoin touched the $70,000 mark in the indices.

November 2024 Price Prediction Reveals

Bitcoin pushed up leading altcoins along with it, and the broader cryptocurrency market remains in the green. Check out a BTC price prediction on how high BTC will surge this week and whether you should invest in it now.

Also Read: Cryptocurrency: Top 3 Coins Under $0.10 To Stash For Major Nov’ Gains

Cardano (ADA): A Positive November 2024 Price Prediction

Cardano Weekend Price: How High Can ADA Go?Cardano Weekend Price: How High Can ADA Go?
Source: Crypto News

Leading on-chain metrics and price prediction firm Changelly has forecasted a rosy picture for Cardano’s ADA in November 2024. According to the price prediction, the leading altcoin could surge by nearly 4.1% in the next 30 days. The forecast estimates that ADA could reach a high of $0.366 in November next month. That’s a surge of two cents from its current price of $0.34.

Also Read: Apple (AAPL) Competes With Nvidia (NVDA) in AI Tech Showdown

Therefore, an investment of $10,000 could turn into $10,410 in November if the price prediction is accurate. That’s decent returns in a month in the cryptocurrency markets. The average trading price for Cardano’s ADA next month is $0.35.

Also Read: Tesla (TSLA) Enters Growth Phase: Musk Predicts 30% 2025 Boost

If Bitcoin maintains its momentum and breaches its all-time high of $73,737, Cardano’s ADA has more chances of going higher. Other leading blockchains, such as Solana (SOL) and Ripple (XRP), have surged 5% and 3% today. Altcoins mostly move in tandem with Bitcoin, and the higher BTC moves, the more chances they have of printing monthly highs.

Nonetheless, the cryptocurrency market is volatile and trades according to the global markets. Since the US election is approaching, volatility could be expected across the financial sector.

Also Read: Meta Signs New Partnership as it Makes Up Ground in AI Arms Race

We recommend being cautious during this period and avoiding going full-in on cryptocurrencies. Once the market stabilizes, it is advised to take both long— and short-term positions to make the most of it.

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29 10, 2024

Psyllium Market Size, Share | CAGR of 9.8%

By |2024-10-29T14:41:13+03:00October 29, 2024|Dietary Supplements News, News|0 Comments


Report Overview

The Global Psyllium Market size is expected to be worth around USD 688 by 2033, from USD 297 Mn in 2023, growing at a CAGR of 9.8% during the forecast period from 2024 to 2033.

Psyllium is a form of fiber derived from the husks of the Plantago ovata plant’s seeds. It is commonly used as a dietary supplement to improve digestion and promote regularity due to its high soluble fiber content. When consumed, psyllium absorbs water and forms a gel-like mass that can help to increase stool bulk and pass through the digestive tract more easily. This makes it beneficial not only for relieving constipation but also for maintaining general digestive health.

In India, the government has implemented several initiatives aiming to enhance the chemical sector’s growth, making it a key investment destination. Initiatives like Make in India and the Production-Linked Incentive (PLI) Scheme are designed to boost the competitiveness of domestic manufacturing and attract investments, with an expected influx of more than USD 87 billion in investments over the coming years​.

Psyllium Market Size, Share | CAGR of 9.8%

The American Chemistry Council highlights a stable investment forecast for the U.S. chemical industry, with capital spending expected to grow annually by 3%–4% from 2025 to 2026. This investment is crucial for developing new technologies and supporting innovative applications in various sectors including healthcare, where psyllium is utilized​.

Key Takeaways

  • Psyllium Market size is expected to be worth around USD 688 by 2033, from USD 297 Mn in 2023, growing at a CAGR of 9.8%.
  • Psyllium Husk Powder held a dominant market position, capturing more than a 38.4% share.
  • Powder form of psyllium held a dominant market position, capturing more than a 54.5% share.
  • Conventional psyllium held a dominant market position, capturing more than a 64.5% share.
  • Food & Beverages sector held a dominant market position within the psyllium market, capturing more than a 35.5% share.
  • North America holds a commanding lead with a 45% share, amounting to approximately USD 134.3 million.

By Product Type

In 2023, Psyllium Husk Powder held a dominant market position, capturing more than a 38.4% share. This segment benefits from high consumer demand due to its widespread use as a dietary fiber supplement, which aids in digestion and is often recommended for its health benefits. Psyllium Husk Powder is frequently incorporated into daily health regimens and is popular in both the food and pharmaceutical industries for its versatility and efficacy.

Psyllium Seeds, while having a smaller market share, serve as the primary raw material for all psyllium products and are crucial in the cultivation and initial processing stages. They are important in the agricultural sector where they are grown and harvested before being processed into other forms.

Psyllium Husk follows closely behind powder in market popularity, valued for its slightly less processed form compared to the powder, making it a preferred choice for consumers seeking natural and whole dietary supplements. This product is especially favored in natural health circles.

Psyllium Industrial Powder, which is primarily used in industrial applications such as gluten-free baking, ice cream, and other processed foods, represents a niche but significant segment. This type of psyllium powder is specifically processed to achieve properties suitable for food manufacturing, such as texture modification and moisture retention.

By Form

In 2023, the Powder form of psyllium held a dominant market position, capturing more than a 54.5% share. This preference is largely attributed to the powder’s versatility in application, allowing for easy incorporation into a variety of food and beverage products, as well as its effectiveness in pharmaceutical formulations. The fine texture of psyllium powder makes it particularly suitable for smooth incorporation into daily diets, enhancing fiber content without altering the taste or texture of foods and drinks.

Capsules follow as a convenient option for consumers looking to supplement their diet with fiber without the need to alter their meals. They offer a straightforward, mess-free method of consuming psyllium, appealing particularly to those with busy lifestyles.

Granules represent another form of psyllium, providing a coarser texture than powder. They are often preferred by individuals who seek a more noticeable texture in their supplements, commonly used in mix-in applications for foods like yogurt and oatmeal.

Wafers introduce a novel and user-friendly way to consume psyllium, making them ideal for on-the-go consumption. They are typically flavored, adding an enjoyable taste aspect to the fiber intake process.

By Nature

In 2023, Conventional psyllium held a dominant market position, capturing more than a 64.5% share. This segment’s strong performance is attributed to its established presence in the market and its widespread acceptance across both consumer and industrial applications.

Conventional psyllium is typically available at a lower price point compared to its organic counterpart, making it a popular choice among manufacturers and consumers looking to incorporate fiber into their products and diets without significantly increasing costs.

On the other hand, Organic psyllium is gaining traction, particularly among health-conscious consumers who prefer products free from pesticides and synthetic fertilizers. Although organic psyllium commands a smaller segment of the market, its demand is driven by the growing trend towards organic and natural food products.

This shift is supported by an increasing awareness of health benefits associated with organic farming practices and a willingness to invest in higher-quality dietary supplements.

By End Use

In 2023, the Food & Beverages sector held a dominant market position within the psyllium market, capturing more than a 35.5% share. This segment’s prominence is due to the increasing integration of psyllium as a dietary fiber in various food products, including bakery goods, cereals, and health drinks, which are marketed towards health-conscious consumers. Psyllium’s ability to enhance texture and its health benefits, such as promoting digestive health and lowering cholesterol levels, make it highly valuable in food applications.

Nutraceuticals follow closely, leveraging psyllium’s health-enhancing properties, particularly in fiber supplements and weight management products. The healthcare sector also significantly utilizes psyllium, primarily in laxatives and other medicinal formulations that aid in digestion and regularity.

In Animal Feed, psyllium is used to improve gut health and digestion among livestock, a growing practice aimed at enhancing animal welfare and feed efficiency. The Cosmetics and Personal Care industry incorporates psyllium in products like skin creams and lotions due to its moisturizing properties, contributing to skin health.

Psyllium Market SharePsyllium Market Share

Key Market Segments

By Product Type

  • Psyllium Seeds
  • Psyllium Husk
  • Psyllium Husk Powder
  • Psyllium Industrial Powder

By Form

  • Powder
  • Capsules
  • Granules
  • Wafers

By Nature

By End Use

  • Food & Beverages
  • Nutraceuticals
  • Healthcare
  • Animal Feed
  • Cosmetics and Personal Care
  • Others

Driving Factors

Organic Psyllium Poised for Robust Growth

One of the major driving factors for the psyllium market is the increasing consumer preference for organic and natural products, especially in the dietary and health sectors. In 2023, the psyllium market was significantly driven by the organic segment, which is anticipated to maintain the largest revenue share throughout the forecast period up to 2030.

This trend is supported by the growing demand for products that are free from synthetic chemicals and are cultivated through sustainable agricultural practices, which not only ensure soil health and biodiversity but also cater to the health-conscious consumer who prefers environmentally friendly dietary options​.

The global psyllium market is expected to expand notably, driven by its applications in pharmaceuticals and dietary supplements where it is valued for its health benefits such as aiding digestion and improving cardiovascular health. Regulatory approvals in regions like North America and Europe have bolstered the credibility of psyllium-based products, enhancing consumer confidence and contributing to market growth​.

Moreover, the market is also getting a significant push from the geographical production perspective, especially from the Asia Pacific region, which dominates the global market share. India, as a leading producer and exporter, plays a crucial role in meeting the global demand for psyllium. The increasing geriatric population in regions like Asia Pacific and North America, who are more susceptible to digestive issues, continues to drive the demand for psyllium in these markets​

Restraining Factors

Health Risks and Competition from Synthetic Alternatives Limit Psyllium Market Growth

One of the primary challenges facing the psyllium market is the availability of alternative products such as synthetic fiber supplements, which offer similar health benefits. This competition limits psyllium’s market growth as consumers have multiple options to choose from for dietary fiber supplementation. Moreover, the presence of various intestinal medications also reduces the demand for psyllium, particularly in its traditional role in relieving constipation and improving digestive health.

The impact of alternatives is evident in their ability to provide comparable health outcomes, often at competitive pricing, which poses a significant threat to the psyllium industry. Additionally, certain health complications associated with the interaction of psyllium with common medications like carbamazepine and aspirin further restrain market demand. This interaction can lead to adverse health effects, which discourages some consumers from opting for psyllium-based products.

These factors collectively contribute to a challenging environment for the growth of the psyllium market, despite its well-documented benefits in promoting digestive health and managing cholesterol levels. The industry must navigate these challenges by enhancing product offerings and educating consumers about the unique benefits of natural psyllium products over synthetic alternatives.

Growth Opportunity

Surging Demand in Dietary Supplements and Functional Foods as a Major Growth Driver for Psyllium

The psyllium market is set to witness substantial growth, particularly in the dietary supplements and functional foods sector. This growth is driven by the increasing consumer awareness of the health benefits associated with dietary fibers, including improved digestive health and cholesterol management.

Regulatory approvals from organizations such as the FDA in the United States and the European Food Safety Authority (EFSA) in Europe have further bolstered consumer confidence in psyllium’s health claims, enhancing its incorporation into a wide range of products. This regulatory support is crucial as it not only validates the health benefits of psyllium but also encourages manufacturers to continue innovating and expanding their psyllium-based product offerings.

Moreover, the trend towards natural and plant-based ingredients significantly benefits the psyllium market. Consumers are increasingly opting for clean label products and healthier alternatives to synthetic ingredients, making psyllium an attractive option for food formulators.

This is evident in its growing use in bakery products, cereals, snacks, and beverages to enhance fiber content without compromising taste or texture. The pharmaceutical and nutraceutical sectors also present substantial growth opportunities, as psyllium is widely used as an active ingredient in laxatives, fiber supplements, and other dietary fiber formulations.

This convergence of health trends, regulatory approval, and consumer preference for natural products positions psyllium to capitalize on the expanding market for dietary supplements and functional foods, driving significant market growth in the coming years.

Latest Trends

Rise of Organic Psyllium Products

A major trend shaping the psyllium market is the growing consumer preference for organic psyllium products. As health and environmental awareness increase, more consumers are turning towards organic options that are free from synthetic pesticides and genetically modified organisms (GMOs).

This shift is driven by the desire for products that promote both personal health and environmental sustainability.

From 2024 to 2030, the organic psyllium segment is expected to experience a significant compound annual growth rate (CAGR). This growth is largely supported by manufacturers and retailers who are expanding their organic product lines to include dietary supplements, functional foods, and wellness products featuring organic psyllium.

The demand for these organic products is particularly strong in North America and Europe, regions where consumer demand for organic items remains high.

This trend towards organic psyllium is not just a reflection of changing consumer preferences but also aligns with broader market dynamics where natural and clean label products are becoming the norm. As the market continues to evolve, the organic psyllium segment offers substantial growth opportunities for producers and marketers who are ready to meet this sophisticated consumer demand.

Regional Analysis

In the psyllium market, North America holds a commanding lead with a 45% share, amounting to approximately USD 134.3 million. This dominance is attributed to a significant consumer base that prioritizes health and wellness, coupled with a strong presence of industry-leading manufacturers of dietary supplements and pharmaceuticals. The U.S., as a major importer of psyllium, particularly values its use in managing diet-related health issues such as obesity and diabetes.

Europe follows with substantial market engagement, driven by a growing elderly population that prioritizes dietary fibers for digestive health and overall well-being. Regulatory support within the EU for natural and organic products further bolsters psyllium’s integration into health products across the region.

Asia Pacific is recognized for its rapid market expansion, led by India, which stands as one of the largest producers and exporters of psyllium. The region benefits from the dual forces of increasing urbanization and a rising middle class, which collectively contribute to greater health consciousness and dietary supplement consumption.

In Middle East & Africa, the market is developing, with increased awareness of health supplements. Countries like UAE and Saudi Arabia are gradually incorporating more dietary fibers like psyllium into their diets, driven by shifting health trends and growing expatriate communities seeking familiar health products.

Latin America shows promising growth, particularly in countries like Brazil and Argentina, where there is a rising awareness of the benefits of dietary fibers. The region is starting to see more inclusion of psyllium in traditional diets as awareness of its health benefits grows.

Psyllium Market Regional AnalysisPsyllium Market Regional Analysis

Key Regions and Countries

  • North America
  • Europe
    • Germany
    • France
    • The UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

Key Players Analysis

In the dynamic psyllium market, several key players are instrumental in shaping industry trends and supply chains across global and local markets. Companies such as Metamucil, NOW Foods, and Nature’s Way are prominent in North America, known for their comprehensive range of psyllium-based products that cater to a health-conscious consumer base seeking natural dietary supplements for digestive health and weight management. These brands have established a strong market presence due to their focus on quality, extensive distribution networks, and strategic marketing.

In Asia, particularly in India, which is a major producer of psyllium, companies like JYOT Overseas Pvt. Ltd., Satnam Psyllium Industries, and Rajganga Agro Product Pvt. Ltd. lead the market. These firms leverage India’s abundant psyllium husk supply to produce a variety of products, from bulk laxatives to finely milled powders, serving both domestic and international markets. Their operations are crucial for meeting the global demand for psyllium, which is fueled by its applications in pharmaceuticals, food production, and personal care.

Additionally, newer and specialized companies such as Psyllium Labs LLC and Ispasen Remedies Private Limited focus on innovation and niche marketing. They explore less traditional uses of psyllium in industries like cosmetics and advanced nutraceuticals, driving forward the research and development of psyllium applications beyond traditional boundaries. This strategic focus helps diversify the market landscape and opens new consumer segments, underscoring the versatile utility of psyllium across various sectors.

Top Key Players in the Market

  • Abhyuday Industries
  • Balisana Isabgol
  • Gayatri Psyllium Industries
  • Ispasen Remedies Private Limited
  • JYOT Overseas Pvt. Ltd.
  • Jyotindra International
  • Keyur Industries
  • KV Agro Products Ltd.
  • Metamucil
  • Natren
  • Nature’s Way
  • NOW Foods
  • Premcem Gums Pvt. Ltd.
  • Psyllium Labs LLC
  • Rainbow Light
  • Rajganga Agro Product Pvt. Ltd.
  • Satnam Psyllium Industries
  • Shree Mahalaxmi Psyllium Pvt. Ltd.
  • Shubh Psyllium Industries
  • Virdhara International

Recent Developments

In 2024 Abhyuday Industries robust manufacturing facilities are well-equipped to handle large-scale production while ensuring quality and compliance with international standards.

In 2023 Balisana Isabgol’s strategic focus is on leveraging India’s status as a top psyllium producer to supply both domestic and international markets, emphasizing quality and customer satisfaction in its operations.

Report Scope



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29 10, 2024

EUR/USD Forecast Today – 29/10: Euro Holds Firm (Chart)

By |2024-10-29T14:10:55+03:00October 29, 2024|Forex News, News|0 Comments

  • During my daily analysis of the EUR/USD pair, the first thing I see is that we are hanging around the 1.08 level, an area that of course has been important multiple times.
  • This is more of the same action that we have seen over the last several days, and therefore I think we are simply hanging around and trying to sort out what to do next.
  • The euro of course is going to continue to be sensitive to the idea of what happens next in the bond market in America, due to the fact that the US dollar strengthening has been the major factor of what we are seeing here.

Technical Analysis

The technical analysis ot the EUR/USD exchange pair of course is rather negative, but the fact that the 1.08 level has offered support multiple times suggest that we are going to continue to see a lot of action in this area.

Ultimately, if we do break down from here, I believe that the 1.0750 level is an area that is the bottom of the “support range” that is active at this point. If we were to break down below there, then things could get rather ugly, and open up the possibility of an even bigger drop from here.

On the other hand, if we do break above the 1.0850 level, it could be the beginning of some type of correction, perhaps all the way to the 200 Day EMA. That is at roughly 1.09 and dropping.

That’s an area that I think would attract a lot of attention, and therefore people would have to watch very closely as to how we behave in that general vicinity. If we were to break above the 200 Day EMA, then it would obviously be a very bullish turn of events. However, if we were to see a significant amount of exhaustion near that area, then I would have to believe that the market is likely to pull back and start falling toward the 1.08 level again. Either way, I think we are going to see a certain amount of choppiness.

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