
urbazon/iStock via Getty Images In my previous analysis covering Verano Holdings Corp. ( NEOE: VRNO:CA ) ( OTCQX:VRNOF ), despite reporting positive financial results for Q4 2023, the company's stock price declined by nearly 10% due to its delay in filing 10-K Analyst’s Disclosure: I/we have a beneficial long position in the shares of VRNO:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Vardy helps Van Nistelrooy to first win with Leicester as Guehi defies the FA with religious messagePresident-elect Donald Trump has tapped several sitting members of Congress to serve in his administration — meaning their empty seats will have to be filled. So far, he has chosen Florida Sen. Marco Rubio to serve as secretary of state and New York Rep. Elise Stefanik to serve as his U.N. ambassador. Both positions require Senate confirmation . Additionally, Trump picked Florida Rep. Mike Waltz to serve as his national security adviser — a White House position which does not require Senate confirmation. Trump also tapped Florida Rep. Matt Gaetz to serve as attorney general, but Gaetz, who already resigned from Congress, withdrew his name from consideration on Nov. 21 following scrutiny over a sex trafficking investigation. In anticipation of resignations from Rubio, Stefanik and Waltz — and following Gaetz’s resignation — here is how vacancies are filled in both chambers of Congress. Senate vacancies Senate vacancies — which can occur as a result of resignation, expulsion or death — are almost always remedied by governors. “At present, 45 states authorize their governors to appoint a Senator to fill a vacancy until a replacement is elected,” according to a report from the Congressional Research Service. The other five states — Wisconsin, Rhode Island, Oregon, North Dakota and Kentucky — only allow Senate vacancies to be filled by special elections. Florida, Rubio’s state, permits the governor to appoint an interim senator to fill a vacancy until the next general election. Ron DeSantis, the governor of the Sunshine State, has said he will likely announce his choice to replace Rubio in January. “We have already received strong interest from several possible candidates, and we continue to gather names of additional candidates and conduct preliminary vetting,” DeSantis wrote in a Nov. 18 post on X, formerly known as Twitter. A number of names have already been suggested to fill the seat, including Lara Trump , the president-elect’s daughter-in-law and co-chair of the RNC, according to The Hill. “Florida deserves a Senator who will help President Trump deliver on his election mandate, be strong on immigration and border security, take on the entrenched bureaucracy and administrative state, reverse the nation’s fiscal decline, be animated by conservative principles, and has a proven record of results,” DeSantis added. House vacancies Vacancies in the House of Representatives, on the other hand, do not result in interim appointments by governors. Instead, all House vacancies are filled by special election , according to a report from the Congressional Research Service. “Responsibility for ordering a special election is thus vested in the governors of the states, while scheduling is prescribed in state law,” according to the report. “Once a vacancy has occurred, most state laws set a window of time, or prescribe an exact number of days after the vacancy occurs, in which nomination procedures begin and the special election must be held.” In Florida, where Waltz represents the sixth congressional district and Gaetz represented the first district, the special election process is expected to be set forth soon. “I’ve instructed Secretary of State Cord Byrd to formulate and announce a schedule for the upcoming special elections immediately,” DeSantis wrote in a Nov. 14 post on X. At least one person has already thrown their hat in the ring to replace Waltz. Ernest Audino, a Waltz staffer and former Army general, intends to run in the special election, according to USA Today. In New York, where Stefanik serves in the 21st congressional district, the special election will be held 70 to 90 days after Gov. Kathy Hochul is officially notified of the vacancy, according to Politico. Political insiders have floated a number of names to run in the election, including Paula Collins , a Democrat who ran an unsuccessful campaign against Stefanik earlier this year, according to the Times Union. ©2024 The Charlotte Observer. Visit charlotteobserver.com . Distributed by Tribune Content Agency, LLC.
, /PRNewswire/ -- Forge Institute is proud to announce the launch of the Phoenix Xcelerator, a pioneering program designed to empower & grow startups across the defense and aerospace sectors. Through structured programming—including a rigorous high-quality curriculum, personalized mentorship, and coaching—the Phoenix Xcelerator advances industry-informed and mission-led innovation. The program is funded in-part through a grant from the Arkansas Economic Development Commission (AEDC). is home to over 178 aerospace and defense companies employing more than 10,900 people. Reports from federal sources highlight a decline in defense contractors, with the Department of Defense (DoD) vendors shrinking by 27.6% in the past decade. The Phoenix Xcelerator aims to reverse this trend, empowering startups to address defense challenges and reinforcing leadership in the sector. aerospace and defense exports, valued at over in 2023, represent 13% of the state's total exports, making them the top export category. Furthermore, the Air Force Base reported a economic impact in 2023. Major players like Lockheed Martin, Raytheon, and Dassault Falcon Jet have positioned the state as a hub for defense innovation, with the Phoenix Xcelerator serving as a launchpad for the next wave of industry leaders. The Phoenix Xcelerator offers a 12-week intensive program, guiding participants through business validation, go-to-market strategies, and development of minimum viable products (MVPs) or prototypes. Participants gain expertise in non-dilutive funding opportunities such as SBIR/STTR and other grant programs, as well as access to capital networks for sustained growth. Established companies receive support in maximizing intellectual property and evaluating dual-use markets. Key features include: Access to aerospace and defense prime contractors. Site visits to defense manufacturing facilities. Technical guidance on compliance, defense standards, and government procurement. Networking with industry veterans, government experts, and successful entrepreneurs. The program emphasizes emerging technologies like directed energy, artificial intelligence, cybersecurity, drones, ISR and other technologies, ensuring readiness for critical defense challenges. The Phoenix Xcelerator team brings decades of expertise to guide startups toward impactful, scalable growth. Entrepreneurs and companies working on dual-use technologies are encouraged to apply, gaining unparalleled resources and opportunities to innovate within the defense sector. To apply now, visit View original content to download multimedia: SOURCE Forge InstituteKendrick Lamar and SZA’s 2025 Grand National tour includes N.C. and D.C. stopsThe final four teams in the Major League Soccer playoffs will wind down to two during the conference finals on Saturday night. Orlando City SC hosts the New York Red Bulls in the Eastern Conference finals at 7:30 p.m. Los Angeles Galaxy will host the Seattle Sounders FC in the Western Conference finals at 10:30 p.m. Which teams will represent their conference in the final of the MLS Cup Playoffs on Dec. 7? Follow along here for live updates from both matches tonight: How to watch Orlando City vs. New York Red Bulls playoff game on TV? The Orlando City vs. New York Red Bulls game will stream on MLS Season Pass on Apple TV . Orlando City vs. New York Red Bulls betting odds According to BetMGM , here are the odds after regulation: Orlando City (-120), New York Red Bulls (+310), tie (+260). The over/under is set at 2.5 goals. Orlando City key facts Orlando City has reached the postseason in each of coach Óscar Pareja’s five seasons, but this is the club’s first appearance in the Eastern Conference final. The club hopes to win its second trophy in franchise history, after winning the 2022 U.S. Open Cup . Orlando City beat Atlanta United in the second round, after advancing past Charlotte FC in the first round of the MLS Cup playoffs. New York Red Bulls key facts The New York Red Bulls have only reached the MLS Cup final once ( in 2008 ), and have reached the MLS Cup playoffs in 15 straight seasons. They have won three Supporters’ Shield titles, but the MLS Cup has eluded the franchise. After upsetting the defending MLS Cup champion Columbus Crew in Round 1, the Red Bulls took out their Hudson River Derby rival, New York City FC , in the conference semifinals . How to watch L.A. Galaxy vs. Seattle Sounders playoff game on TV? The LA Galaxy vs. Seattle Sounders game will stream on MLS Season Pass on Apple TV . LA Galaxy vs. Seattle Sounders betting odds According to BetMGM , here are the odds after regulation: LA Galaxy (-115), Seattle Sounders (+280), tie (+260). The over/under is set at 2.5 goals. LA Galaxy key facts No club has hoisted more MLS Cup trophies than the Galaxy, who have won five league titles. Their last, however, was in 2014. The Galaxy have scored a record 15 goals in three playoff games, beating Minnesota 6-2 in the semifinals after cruising past Colorado in the first round. Seattle Sounders key facts Seattle hopes to win its third MLS Cup title (2016 and 2019). It overcame a 10-game unbeaten streak against LAFC to beat the No. 1 seed in the Western Conference 2-1 in the conference semifinals last week. The Sounders owned the league's top defense, allowing just 35 goals during the regular season. MLS league winner odds According to BetMGM , here are the odds for winning the league championship: Los Angeles Galaxy (+135), Orlando City SC (+175), Seattle Sounders FC (+400) and New York Red Bulls (+500). When is MLS Cup 2024? The winners of this weekend's conference final games will play in MLS Cup on Saturday, Dec. 7 at 4 p.m. ET (on FOX and Apple TV). Who will host MLS Cup final? The Western Conference teams finished higher in the standings than the remaining Eastern Conference teams. So, the winner between L.A. Galaxy and Seattle will host either Orlando or New York Red Bulls in the MLS Cup final.
Aberdeenshire Shield quarter-finals: Reaction and reports as Formartine United and Turriff United go through; Hermes and Buckie Thistle ready to battle for semi-final spot
AleAnna, Inc. Announces Completion of Business Combination between Swiftmerge Acquisition Corp. and AleAnna Energy, LLC
Old Nemesis is after Elon Musk again. What will world's richest person do now?Matt Gaetz says he won't return to Congress next year after withdrawing name for attorney generalPreferred Bank Announces Additional Q4 Expense
There hasn’t been this much ado about “nothing” since Seinfeld was on the air. Despite at least one report that Anna Delvey , who was ejected in Week 2 of Dancing With the Stars Season 33 would not be returning for last night’s finale, the subject of the Netflix series Inventing Anna did in fact make an appearance. She even danced to the Whitney Houston Bodyguard song “I Have Nothing,” a play on her viral quip that she’d learned “nothing” from her time on the show when leaving. “I don’t know who was spreading those rumors,” Delvey told TV Insider when asked about a report that she would not be at the finale. “Honestly, I didn’t know if you were coming back either,” Ezra Sosa, Delvy’s pro partner, candidly told her. As for the “I Have Nothing” routine, her pro partner, Sosa, says, “That was a brilliant idea of our executive producer Conrad [Green] and our creative director Justin [Mabardi]. I really do think it was so smart of them to create something that a lot of the public didn’t really appreciate [and] put a campy spin on it. I think it painted a really good light on the situation.” We took the opportunity to ask Delvey what exactly she meant by saying she was taking “nothing” away from the experience. Was her DWTS experience an empty one or did she want folks to know she wasn’t walking off the coveted Len Goodman Mirror Ball trophy? Or any of her wardrobe items or props? “That’s not what I meant,” she says. “I saw that Tori [Spelling] was eliminated as well, and she’s the complete opposite of my personality – she’s very open and emotional. She was everything the show wanted me to be. I felt disappointed all the advice that people on the show had given me led me nowhere.” How does she feel about Joey Graziadei’s victory? “Good for him! Go, Joey!” Delvey responds. Only half-kidding, Sosa then asked his partner if she knew who Joey was. “Yeah,” Delvey replied. “Okay, good,” he then said. Asked about her “nothing” comment going viral, Sosa responded, “I’m going to answer that. I thought, ‘Oh, this is going to get tattooed on my back!’” When the couple shared the stage with Alfonso Ribeiro and Julianne Hough during the finale, the latter host quipped she had “nothing” to add. Was there tension between the two women? “I love Julianne!” Delvey responds. “We keep going back and forth on social media. She’s been great. People are just taking themselves too seriously. It’s not that deep.” As for what’s next, Delvey shares that she has a documentary for a major streamer in the works and will continue to work on her fashion brand. “You should do Traitors ,” Sosa suggests. “If the internet is listening, let’s make that happen!” Another great idea for a reality series is the couple’s next joint venture: Sosa says that they’re moving in together in New York City. (Asked if their cohabitation might be for Bravo or Hulu, there was no comment!) What advice would Delvey give her younger self? “It’s all about bouncing back – no matter how hard you fall,” she offers. “Just keep moving. Try not to break the law.” This article first appeared on TV Insider and was syndicated with permission.( MENAFN - IANS) Mumbai, Dec 21 (IANS) Indian benchmark indices declined 5 per cent this week amid global selloff, mainly triggered by the US federal Reserve's caution approach for rate cuts next year, which resulted in relentless selling by the foreign institutional investors (FIIs). With this, Sensex lost over 1,000 points in three out of five trading sessions this week, and nearly Rs 17 lakh crore worth of market cap was eroded out of BSE-listed firms. According to market experts, it had been a dreadful week for the equity markets, as the key indices fell dramatically, erasing the gains of the last four weeks. “The benchmark index experienced a significant decline, plummeting approximately 1,200 points from the previous week's closing figure. As a result, it finished the week below 200 simple moving average (SMA), marking a total loss of nearly 5 per cent,” said Osho Krishnan from Angel One. The Nifty50 experienced a significant decline, as it breached all essential support levels. This downward movement has led the index to approach its most recent swing low, signalling potential volatility in the market. From a technical standpoint, as Nifty slipped below the pivotal zone of 200 SMA, the next potential support could be seen around the recent swing low around 23,200-23,100, while a decisive breach is likely to open further downside towards 22,800 in the near period, said Krishnan. The weak global cues initiated the downward move, but the follow-up sell-off showcases the bears' eagerness to colour the market red ahead of Christmas. On Friday, Sensex settled at 78,041.59, down by 1,176.46 points or 1.49 per cent, and Nifty ended at 23,587.50, down by 364.20 points, or 1.52 per cent. Nifty Bank ended at 50,759.20, down by 816.50 points, or 1.58 per cent. The Nifty Midcap 100 index closed at 56,906.75 at the end of trading after dropping 1,649.50 points, or 2.82 per cent. On the sectoral front, selling was seen in Nifty's Auto, IT, Fin Services, Pharma, FMCG, Metal, Media, Energy, Private Bank, Infra, Commodities, and PSE sectors. Considering the recent developments, it is advised to approach markets with proper risk management and refrain from taking complacent bets for the time being, advised experts. Amid this cautious environment,“we maintain a bullish outlook on new-age, platform-based technology companies,” said Krishna Appala from Capitalmind Research. A balanced investment strategy that combines the stability and fair valuations of large caps with tactical exposure to profitable, domestic-focused tech companies offers a prudent approach to capturing growth potential while managing geopolitical and policy risks, said experts. MENAFN20122024000231011071ID1109018778 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Montana transgender lawmaker on Capitol Hill's bathroom ban: 'Do not cede ground'Northwest B.C. First Nation identifies potential unmarked graves at former Lejac Residential School site
WASHINGTON (AP) — Former Rep. Matt Gaetz said Friday that he will not be returning to Congress after withdrawing his name from consideration to be attorney general under President-elect Donald Trump amid growing allegations of sexual misconduct. “I’m still going to be in the fight, but it’s going to be from a new perch. I do not intend to join the 119th Congress,” Gaetz told conservative commentator Charlie Kirk, adding that he has “some other goals in life that I’m eager to pursue with my wife and my family.” The announcement comes a day after Gaetz, a Florida Republican, stepped aside from the Cabinet nomination process amid growing fallout from federal and House Ethics investigations that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. The 42-year-old has vehemently denied the allegations against him. Gaetz's nomination as attorney general had stunned many career lawyers inside the Justice Department, but reflected Trump's desire to place a loyalist in a department he has marked for retribution following the criminal cases against him. Hours after Gaetz withdrew, Trump nominated Pam Bondi, the former Florida attorney general, who would come to the job with years of legal work under her belt and that other trait Trump prizes above all: loyalty. It's unclear what's next for Gaetz, who is no longer a member of the House. He surprised colleagues by resigning from Congress the same day that Trump nominated him for attorney general. Some speculated he could still be sworn into office for another two-year term on Jan. 3, given that he had just won reelection earlier this month. But Gaetz, who has been in state and national politics for 14 years, said he's done with Congress. “I think that eight years is probably enough time in the United States Congress," he said.ATHENS, Ohio (AP) — AJ Clayton scored 16 points as Ohio beat Robert Morris 84-68 on Saturday. Clayton had seven rebounds for the Bobcats (3-5). Victor Searls scored 14 points and added seven rebounds. Jackson Paveletzke and Aidan Hadaway both scored 11 points. The Colonials (6-3) were led by Josh Omojafo, who recorded 15 points. Antallah Sandlin'El added 14 points for Robert Morris. Alvaro Folgueiras finished with 12 points and seven rebounds. The loss ended a six-game winning streak for the Colonials. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Three takeaways from UL's road victory over ULM Warhawks for 10th win of season
I’m a computer scientist and a bad Christmas shopper. Over the weekend, I wondered whether AI systems might be able to help me out. Could I just prompt ChatGPT to pick a personalised gift for my cousin Johnny and have it shipped in time to reach him? Alas, the cheerful chatbot couldn’t help, telling me it “can’t make purchases or handle shipping directly”. In the two years since ChatGPT launched, we have seen wave after wave of AI products and features promising to save us from mundane tasks. Yet so far, gift shopping is beyond them – apart from the odd built-in chatbot on a shopping site or app. However, things may be different by next Christmas. One thing many experts expect in 2025 is the rise of AI agents: bots that can take actions on your behalf in the real world. Agents are already here An AI agent can do more than just suggest where you can get a Santa suit. It can buy it for you and have it delivered to your door. And the vision for “agentic AI” is that teams of AI agents will work together. You would give your team of agents a prompt: I’m cooking Christmas dinner this year. Find my closest Facebook friends, send them invites, make sure one of them is a chef and tell them to bring the turkey. The agents would sort it all, without you ever having to lift a finger. Crucially, AI agents should have the ability to coordinate across multiple websites. In fact, limited AI agents are already here. A report by AI developer Langchain claims 51% of respondents to its survey already use AI agents in production. In 2024, venture funds invested an estimated US$1.8 billion in AI agent projects. Deloitte’s latest Global Predictions Report argues 25% of companies that use generative AI will launch agentic AI projects in 2025. Research firm Gartner predicts that by 2028, 15% of day-to-day work decisions will be made by AI agents. Agents for everybody? We are also seeing agents for consumers beginning to emerge. These are systems that could potentially automate many browser-based tasks (including shopping). In October, Anthropic – the company behind the popular Claude generative AI bot – released a “ computer use ” feature that allows the AI to take over a user’s mouse and keyboard to browse and take actions on any website. Education expert Leon Furze created a demo using computer use to automatically browse to a learning management system, open the page for an assignment, create text for the assignment, and click the submit button. All done automatically from a single text prompt. More recently, Google Deepmind released its own version, Project Mariner , which similarly allows an AI to autonomously navigate and carry out actions in the Chrome browser. Both these systems are still early versions, with Project Mariner only available to a trusted set of testers. But they hint at what’s to come. You can’t use either of these tools today to automate your Christmas shopping – at least, not easily. So what would be needed to make a truly useful Christmas shopping AI agent? The technology exists The technology side of a shopping agent is relatively straightforward. As a user, I might want to give a prompt such as Send photo gifts to my family in England. Select some fun family photos from my phone, search for a website that does photo gifts, order appropriate gifts for each family member, and send using my address book. Executing this would require multiple AI agents: one to find the photos, one to find the shopping sites, one to personalise the gifts, a credit card agent to buy them, and an address-finding agent. Whether through computer use, Project Mariner, or some other AI agent platform, there is no technological reason why this can’t be done today. The trust problem However, there are two significant barriers to making AI agents useful. First, and most obvious, is trust. Would you trust an AI agent with your credit card details? Despite two years of advances in AI since ChatGPT, hallucinations – where the AI doesn’t know an answer and so simply makes something up – are still a problem. A recent study showed that even in AI programming – one of the most popular and valuable uses of AI – 52% of AI-generated answers to coding questions contained errors. It only takes one error from the AI to send Aunty Molly’s gift to Uncle Joe. And let’s just hope it’s a harmless error such as poor gift matching, not leaking your bank account details. What agents need to know The second and less obvious barrier is that for AI agents to be useful, they need to understand context. Even with something relatively simple like buying gifts, context is everything. I have years of knowledge about what my mother likes. I won’t always get it right, but I’ll do a lot better than a generic AI response. This knowledge is usually tacit and there’s simply no way ChatGPT can have access to the rich history of human interactions that lead to that perfect gift. Having said that, AI bots are already recording information about their users. To prove this, just ask ChatGPT, “What do you know about me?” Depending on your settings, you might be surprised by the answer. Perhaps at some point the AI systems we use regularly will know enough about us and our family that Christmas shopping can be fully automated. But this year, I will still have to attend to it myself. Bah humbug!
Best Bets for NCAA Basketball Picks Against the Spread for Friday, November 22Protein Alternatives Market Growth Drivers, Latest Trends, Opportunities, Challenges, Recent Developments, Key Segments, Regional Insights, and Revenue Forecast 12-19-2024 11:42 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire MarketsandMarkets� Protein Alternatives Market by Source (Plant Protein, Microbial Protein, Insect Protein), Application (Food & Beverages, Animal Feed, Pet Food), Form, Nature, Production Process (Qualitative), & Region - Global Forecast to 2029 The global [ https://www.prnewswire.com/news-releases/protein-alternatives-market-worth-25-2-billion-by-2029--exclusive-report-by-marketsandmarkets-302186658.html ] is estimated at USD 15.7 billion in 2024; it is projected to grow at a CAGR of 9.9% to reach USD 25.2 billion by 2029. The protein alternatives market has experienced rapid growth and diversification in recent years, driven by increasing consumer demand for sustainable, health-conscious, and ethically produced food options. Key drivers of this market include rising concerns over the environmental impact of traditional animal agriculture, the health benefits associated with plant-based diets, and ethical considerations regarding animal welfare. Major segments within the protein alternatives market include plant-based proteins, insect-based proteins, and microbial proteins. Companies like Beyond Meat, Impossible Foods, and Oatly have become household names, reflected the mainstream acceptance and expanding consumer base for these products. Technological advancements and significant investments from both food industry giants and venture capitalists have further accelerated the development and accessibility of innovative protein alternatives. Image: https://www.marketsandmarkets.com/Images/alternative-protein-market-overview.webp [ https://www.globenewswire.com/en/news-release/2024/07/08/2909405/0/en/Protein-Alternatives-Market-is-Booming-and-Expected-to-Grow-25-2-billion-by-2029.html]: Increasing Demand for Alternate Protein The increasing global population underscores the necessity for alternative protein sources. Over the past decade, significant efforts have focused on developing proteins from non-traditional crops and livestock. This trend is particularly noticeable in Europe and North America, where consumer interest and investment in alternative proteins have surged. The conventional sources of animal protein like pork, beef, and chicken are projected to be insufficient to meet future demands, creating opportunities for the expansion of the insect protein market. In addition to proteins and fats, insects are valued for their rich mineral and vitamin content. Among younger demographics, particularly in sports nutrition, insect proteins, such as cricket flour, are gaining popularity and are being incorporated into various nutritious food products. For instance, startups like Next Step Foods in the UK produce cricket protein bars like "Yuana" available in multiple flavors. The shift to alternative proteins also promises environmental benefits, notably in reducing greenhouse gas emissions compared to traditional meat production, as highlighted by the World Economic Forum in 2019. Moreover, adopting alternative proteins addresses diet-related health concerns in developing countries and promotes healthier lifestyles in developed regions such as North America and Europe. These areas have already embraced alternative protein sources such as edible insects, plant-based meat, plant protein ingredients, and cultured meat. Industry experts predict significant market growth potential for these products, with cultured and plant-based meat alone expected to see over 40% growth in the coming years. In 2022, a study funded by the European Regional Development Fund revealed that 22% of UK consumers preferred alternative protein sources over meat, with the younger demographic showing an even higher preference exceeding 25%. These trends underscore the growing market opportunities in the insect protein sector. [ https://www.linkedin.com/pulse/protein-alternatives-market-size-share-industry-overview-edward-scott-oaknf/]: Changes in consumer lifestyles The global population's expansion is placing heightened strain on limited resources, with escalating energy prices and raw material expenses impacting food costs, particularly affecting lower-income demographics. Additionally, the strain on food resources is being intensified by water scarcity, notably prevalent across Africa and Northern Asia. Within the Asia Pacific region, there exists a cost advantage in terms of both production and processing, fostering high demand and offering favorable conditions for dairy alternative suppliers and manufacturers to target this market. As lifestyles evolve rapidly, there's a noticeable shift towards more nutritious and health-conscious food options. The distinction between fast food and junk food is anticipated to grow, with consumers increasingly seeking quick yet wholesome alternatives. Recognizing naturally rich nutritional products presents a significant opportunity for suppliers and manufacturers to meet evolving consumer preferences. Furthermore, the rise in disposable incomes is driving demand for convenient, healthy, and highly nutritious products across Asia Pacific nations. Emerging economies within the region present substantial opportunities for growth within the protein alternatives market. Plant protein is estimated to be the fastest source segment in the protein alternatives market during the forecasted period of 2024-2029. Plant protein has rapidly emerged as the frontrunner in the protein alternatives market, prized for its speed of adoption and nutritional benefits. With consumers increasingly focused on health, sustainability, and ethical considerations, plant-based proteins offer a compelling solution. Unlike traditional animal-derived proteins, which often come with environmental concerns and ethical debates, plant proteins are generally more sustainable to produce and consume. One of the key reasons for the swift ascent of plant protein in the market is its versatility. Manufacturers can extract protein from a wide array of plant sources, such as peas, soybeans, hemp, and even algae, offering a diverse range of products that cater to different dietary preferences and needs. This diversity fuels innovation, leading to products that not only match but sometimes surpass their animal-based counterparts in taste, texture, and nutritional profile. Furthermore, plant protein's rapid digestion and absorption rate make it highly appealing to athletes and health-conscious individuals seeking efficient protein sources for muscle recovery and overall wellness. As research continues to highlight the health benefits of plant-based diets, including reduced risks of chronic diseases, the popularity of plant protein is expected to continue its meteoric rise in the protein alternatives market. Make an Inquiry to Address your Specific Business Needs: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=233726079 The North American region is projected to dominate the protein alternatives market. North America stands as the dominant region in the protein alternatives market, owing to its robust infrastructure, technological advancements, and growing consumer demand for sustainable food sources. This leadership is underscored by strategic developments such as in January 2022 ADM's (US) collaboration with Innova Feed (France), aimed at supplying insect protein for ADM's pet food division while leveraging waste heat and water resources effectively. This partnership not only enhances ADM's product offerings but also reinforces sustainability initiatives in the pet food industry. Similarly, In May 2021, Cargill's (US) strategic partnership with InnovaFeed (France) focuses on supplying insect feed for aquaculture and integrating insect oil into pig feed, addressing the increasing need for innovative protein sources in animal nutrition. These collaborations highlight North America's pivotal role in advancing protein alternatives through strategic alliances that promote sustainability and technological innovation in the food and feed sectors. [ https://www.marketsandmarkets.com/ResearchInsight/alternative-protein-market.asp ] Key Market Players in this include Tate & Lyle PLC (London), Kerry Group PLC (Ireland), DSM Firmenich (Switzerland, ADM (US), Cargill Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Roquette Freres (France), Wilmar International Ltd. (Singapore), Glanbia plc (Ireland), AGT Food and Ingredients (Canada), Tate & Lyle (UK), PURIS (US), Ynsect (France), Global bugs (Thailand), and Innovafeed (France). ADM (US) ADM, known formally as the Archer Daniels Midland Company, is a significant entity in multiple industries, including food ingredients, animal feed, biofuels, and industrial chemicals. With a rich history exceeding a century, ADM has developed a diverse portfolio that spans the entire agricultural value chain. The company excels in sourcing, processing, and distributing agricultural commodities globally, particularly grains and oilseeds. ADM's extensive network of facilities and logistics infrastructure enables efficient connections between farmers and customers worldwide. In the nutrition sector, ADM is recognized as a global leader, especially in plant protein innovation. With 75 years of expertise, it is one of the world's largest soybean processors. ADM operates through four main segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Business. The company offers a wide range of protein alternatives which are plant-based, suitable for various food applications, from bakery goods to meat alternatives. ADM's global presence spans North America, South America, Europe, Asia Pacific, and Africa, supported by a comprehensive supply chain network that includes crop procurement locations, manufacturing facilities, innovation centers, and transportation networks. Cargill, Incorporated (US) Founded in 1865, Cargill, Incorporated has grown to become one of the largest privately held companies in the United States, with a robust global footprint. The company provides a wide range of products, including food ingredients, bio-industrial goods, animal nutrition solutions, protein, salt, and financial services. Cargill operates through 75 business units organized into four primary segments: agriculture, food, financial services, and industrial products. Cargill's plant-based protein offerings are integral to various food products such as bread, snacks, confectionery, and culinary ingredients. The company maintains strategically located research and development facilities in Europe and North America, and its operations span across Africa, Europe, Asia, Latin America, North America, and the Middle East. Cargill operates in 70 countries through its subsidiaries and affiliates, with notable subsidiaries including Cargill Meat Solutions (US), Cargill Enterprises Inc. (Russia), and Cargill Asia Pacific Holdings Pte Limited (Singapore). In addition to plant-based proteins, Cargill also offers a range of protein alternatives that include both plant-based and microbial-based options. These alternative proteins are increasingly incorporated into a variety of food products to meet the growing demand for sustainable and nutritious food sources. By leveraging its extensive global network and advanced research capabilities, Cargill is at the forefront of innovation in the alternative protein market, ensuring that their products not only meet but exceed consumer expectations for taste, texture, and nutritional value. [ https://www.marketsandmarkets.com/Market-Reports/alternative-protein-market-233726079.html]: In January 2024, Ynsect became the first company authorized to commercialize mealworm proteins for dog food in the United States as of January 24, 2024. This milestone allows Ynsect to expand its sustainable insect protein offerings into the US pet food market, meeting the rising consumer demand for eco-friendly pet nutrition. This authorization is expected to enhance Ynsect's market presence and support the trend of using insect-based proteins in pet food. In February 2024, Roquette expanded its Nutralys plant protein line by launching four new pea protein products, encompassing isolates, hydrolysates, and textured variants. These versatile pea proteins are designed to address formulation challenges in plant-based foods and high-protein nutritional products. They pave the way for innovation in various items, including nutritional bars, protein beverages, and plant-based meat and dairy alternatives. Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=233726079 About MarketsandMarkets Trademark MarketsandMarketsTM has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. Media Contact Company Name: MarketsandMarkets Trademark Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=protein-alternatives-market-growth-drivers-latest-trends-opportunities-challenges-recent-developments-key-segments-regional-insights-and-revenue-forecast ] Phone: 18886006441 Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website: https://www.marketsandmarkets.com/Market-Reports/alternative-protein-market-233726079.html This release was published on openPR.