Owing
to the rising demand for drone and robot applications from varied end-user
industries, such as commercial and military, the global swarm intelligence industry is projected to witness significant
growth during the forecast period, 2018-2028. Swarm intelligence technology enables
a group of drones and robots to communicate efficiently and perform a specific
task. The technology uses simple rules based on different algorithms for
establishing a communication link. The swarm intelligence industry finds its
applications in various end-users such as commercial, defense, and government
sectors.
The introduction and proliferation of bio-based ingredients in several industries, such as food and beverage, pharmaceuticals, and cosmetics, has been transforming the manufacturing landscape since 2000. Growing consumer inclination toward the adoption of bio-based products due to rising health and environmental concerns is driving the demand for bio-based ingredients in the cosmetics and personal care products. Besides, awareness among consumers regarding the harmful effects of synthetic ingredients chemicals has grown rapidly over the past years. In addition, the availability of green raw materials has also urged large cosmetic firms to develop bio-based cosmetic products. However, limited availability of raw material, due to erratic weather conditions and stringent environmental regulations, can pose substantial hurdles in the production of bio-based ingredients. Thus, leading companies have been focusing on developing new and sustainable ways of producing the ingredi...
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