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Commercial Food Scales Market size is set to grow by USD 129.26 million from 2024-2028, Cost-effectiveness of food scales to boost the market growth, Technavio

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NEW YORK, June 13, 2024 /PRNewswire/ — The global commercial food scales market size is estimated to grow by USD 129.26 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.82% during the forecast period. Cost-effectiveness of food scales is driving market growth, with a trend towards growing demand for innovative appliances in food sector. However, risk of counterfeiting in commercial food scales market poses a challenge. Key market players include A and D HOLON Holdings Co. Ltd., Ali Group S.r.l. a Socio Unico, American Chemical Society, AMETEK Inc., Bizerba SE and Co. KG, Cardinal Scale, Doran Scales Inc, Essae Teraoka Pvt. Ltd., Globe Food Equipment Co., Hobart Corp., Ishida Co. Ltd., OXO International Ltd., Precision Electronic Instruments Co., Thermor Ltd., Vetta Macchi srl, W. W. Wedderburn Pty Ltd., Yamato Scale GmbH, Camry Scale Store, Lifetime Brands Inc., and TScale Electronics Mfg Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Mechanical and Digital), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

A and D HOLON Holdings Co. Ltd., Ali Group S.r.l. a Socio Unico, American Chemical Society, AMETEK Inc., Bizerba SE and Co. KG, Cardinal Scale, Doran Scales Inc, Essae Teraoka Pvt. Ltd., Globe Food Equipment Co., Hobart Corp., Ishida Co. Ltd., OXO International Ltd., Precision Electronic Instruments Co., Thermor Ltd., Vetta Macchi srl, W. W. Wedderburn Pty Ltd., Yamato Scale GmbH, Camry Scale Store, Lifetime Brands Inc., and TScale Electronics Mfg Co. Ltd.

 

Key Market Trends Fueling Growth

The global commercial food scales market experiences increasing competition due to consumer demand for innovative, eco-friendly, and energy-efficient appliances. Vendors respond by investing in research and development, resulting in product innovations such as Wi-Fi connected food scales. These scales offer insights into food inventory and consumption rates, meeting customer needs for smart and efficient solutions. The market continues to expand, introducing new products to cater to evolving business requirements. 

The Commercial Food Scales market is experiencing significant growth due to the increasing demand for accurate measurement in food production and service industries. Food scales are essential tools for measuring ingredients and portion sizes in various sectors such as restaurants, hospitals, and manufacturing.

The trend towards automation and technology integration in foodservice operations is driving the adoption of advanced food scales with features like digital displays, connectivity, and remote monitoring. Additionally, the need for food safety and quality control is fueling the demand for precise and reliable food scales. Overall, the market for commercial food scales is expected to continue growing as businesses seek to optimize their operations and maintain consistent product quality. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Counterfeit commercial food scales pose a significant threat to market vendors, as these products bear legitimate trademarks but do not adhere to original specifications. Criminals profit immensely from the demand for low-cost alternatives, often selling them in underdeveloped and developing countries like India. This illegal activity can negatively impact revenue generation and hinder the growth of the global commercial food scales market during the forecast period.The Commercial Food Scales market faces several challenges. Food safety and accuracy are key concerns, requiring scales to meet stringent regulations. Consumers demand consistent portion sizes, necessitating precise measurement. The need for connectivity and data management is increasing, with many businesses seeking integrated solutions.Cost and durability are also important factors, as scales must withstand heavy use in commercial settings. Additionally, the market is becoming increasingly competitive, with many manufacturers offering similar products. Sustainability is another challenge, as businesses strive to reduce waste and improve efficiency. Overall, the Commercial Food Scales market requires solutions that prioritize accuracy, durability, and connectivity while meeting regulatory requirements and consumer demands.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Type 1.1 Mechanical1.2 DigitalDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Mechanical- The mechanical segment dominated the global commercial food scales market in 2023, accounting for the largest share. Mechanical scales, also known as analog scales, operate without power and feature a simple spring and pointer mechanism. These scales are easy to use and more affordable than digital scales. The use of beams with adjustable weights to counteract the measuring weight further enhances their functionality in the commercial food sector. The affordability and ease of operation of mechanical scales are expected to drive market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Commercial Food Scales market encompasses a wide range of products designed for both domestic and commercial kitchens. Mechanical and digital scales are the two primary types, catering to various needs. Mechanical scales, with their simple design and affordability, are commonly used in domestic kitchens for measuring food ingredients in pounds or ounces. In contrast, digital scales, with their advanced features and precision, are preferred by commercial enterprises for measuring ingredients in grams or kilograms.

Technological developments have led to the integration of food scales into recipes and volume measurements, streamlining food service and preparation processes. The North American market for food scales exhibits significant output/shipments, driven by formal contracts between food scale manufacturers and third-party distributors. The market’s scope extends to food service, storage, preparation, serving, cleanup, consumption, and distribution.

Market Research Overview

The Commercial Food Scales Market encompasses a broad spectrum of measuring devices used in the food industry to weigh and measure ingredients and finished products. These scales are designed to ensure accurate and consistent measurements, thereby improving efficiency and productivity in food processing and preparation. The market for commercial food scales is driven by the growing demand for automation and precision in food production, as well as increasing health and safety regulations.

Scales can be found in various settings, including restaurants, bakeries, supermarkets, and food manufacturing plants. They come in various types, such as bench scales, floor scales, and counting scales, and offer features like waterproof, temperature compensation, and Bluetooth connectivity. The market for commercial food scales is expected to grow significantly due to the increasing trend towards industrialization and automation in the food industry.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeMechanicalDigitalDistribution ChannelOfflineOnlineGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Amber International Holding Limited Files 2025 Annual Report on Form 20-F

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SINGAPORE, May 13, 2026 /PRNewswire/ — Amber International Holding Limited (Nasdaq: AMBR) (“Amber International”,  “we,” “us,” or the “Company”), a leading provider of institutional crypto financial services and solutions and operating under the brand name “Amber Premium”, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”) on May 13, 2026 U.S. Eastern Time.

The Company’s annual report on Form 20-F, which contains its audited consolidated financial statements, can be accessed on the SEC’s website at www.sec.gov as well as on the Company’s investor relations website at www.ir.ambr.io. The Company will provide a hard copy of its annual report, which contains its audited consolidated financial statements, free of charge to its shareholders and holders of American depositary shares representing its Class A ordinary shares upon request. Requests should be directed to ir@ambr.io.

About Amber International Holding Limited

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium,” is a global leading digital wealth management platform. As a private banking grade expert in digital wealth management and a subsidiary of Amber Group, Amber Premium is a trusted partner to high-net-worth individuals and leading institutions, delivering institutional-grade market access, execution infrastructure, and investment solutions. The firm is set to redefine the digital wealth management landscape, serving as a proven Nasdaq-listed gateway to digital assets. Learn more at www.ambr.io.

Media & Investor Contacts

In Asia:
Amber International Holding Limited
Media Relations Team
Phone: +65 6022 0228
E-mail: pr@ambr.io | ir@ambr.io

In the United States:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
E-mail: amber@iecapitalusa.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/amber-international-holding-limited-files-2025-annual-report-on-form-20-f-302771559.html

SOURCE Amber International Holding Limited

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Strengthening Calgary’s workforce to deliver more homes

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CALGARY, AB, May 13, 2026 /CNW/ – In Budget 2025, we outlined our plan to build Canada Strong.

The Spring Economic Update 2026 is the next step in our plan to build Canada Strong for All.
It provides a clear update on the strength of Canada’s economy, giving Canadians confidence in our plan. It delivers targeted relief to make life more affordable, support workers and accelerate the construction of homes and major infrastructure. It also strengthens Canada’s competitiveness and economic growth while investing in strong, safe communities across the country.

Today, Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation, hosted a roundtable with local community housing partners to highlight housing measures from the Spring Economic Update 2026 that will help build more homes in Calgary by growing the skilled workforce, speeding up construction and supporting modern methods of construction.

The Spring Economic Update takes a practical, co-ordinated approach to housing, bringing together workforce investments and targeted measures to help projects move faster from planning to construction.

A cornerstone of this approach is $6 billion to recruit, train and hire skilled trades workers across Canada. These investments ensure communities have the electricians, carpenters, welders and construction workers needed to build homes for Canadians. This creates good-paying jobs and careers in the skilled trades as we push to build with more Canadian labour and materials.

We’re pairing workforce investments with targeted measures to move projects faster from financing to construction. The Spring Economic Update accelerates more than $7 billion in low-cost loans through the Apartment Construction Loan Program, supporting the construction of up to 16,500 new rental homes and helping bring much–needed supply to market sooner.

These efforts are reinforced by a $41.9-million investment over five years, starting in 2026–2027, to modernize and innovate Canada’s homebuilding system. This funding will streamline regulations and update National Model Codes in collaboration with provinces and territories — cutting red tape and eliminating duplicate inspections, as well as streamlining modular and factory–built housing. Together, in Alberta and across Canada, these measures also create the opportunity to build with materials that help grow our economy and support local jobs, like Canadian lumber, aluminum and steel.

Our new government is building a Canada that is not just strong, but good; not just prosperous, but fair; a Canada that is not just for some, most of the time, but for all, at all times. We’re building Canada strong, for all.

Quotes

“Solving Canada’s housing challenge means building faster — and that starts with up-skilling our workforce to deliver affordable new homes in Alberta and beyond. Through the Spring Economic Update, our government is investing so homes can move from planning to construction faster. Here in Calgary, these investments will help create good-paying jobs, strengthen our local economy and deliver the homes families need now and in the future.”

Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation

Quick Facts

The Spring Economic Update 2026 builds on recent action — including $1.7 billion through the Improving Housing Supply Act — to cut red tape, lower costs and speed up homebuilding.$41.9 million over five years (starting 2026–2027) will modernize homebuilding by streamlining regulations and National Model Codes; enabling faster approvals for modular and factory–built housing; accelerating adoption of innovative construction methods; and improving housing data to support faster delivery.The government intends to unlock financing for “missing middle” housing by expanding mortgage insurance for three– to eight–unit residential buildings, with a 30–day consultation to follow.Team Canada Strong will invest up to $6 billion over five years to grow the skilled trades workforce — supporting apprentices end–to–end and cutting the time to Red Seal certification by up to 50 percent.Working alongside a comprehensive suite of federal housing measures, Build Canada Homes is providing tailored support to quickly address varying housing needs across the country.

Associated Links

Spring Economic Update 2026: Canada Strong for AllSpring Economic Update 2026: Key MeasuresSpring Economic Update 2026: Address by the Minister of Finance and National Revenue

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

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Ownwell and San Antonio Spurs Honor 2025-26 Community Champions and Expand Property Tax Education Across Bexar County

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Eight local heroes recognized at Frost Bank Center during a landmark Spurs season, as Ownwell deepens its commitment to San Antonio homeowners

SAN ANTONIO, May 13, 2026 /PRNewswire/ — As the San Antonio Spurs close out a strong season, finishing the 2025-26 regular season 62-20, capturing their first division title since 2017, and now competing in the NBA Playoffs, Ownwell is proud to announce the return of its Community Champions program for a second consecutive year in partnership with Spurs Sports & Entertainment.

This season, Ownwell and the Spurs honored eight extraordinary San Antonio residents whose dedication to their community exemplifies the same spirit of resilience and service the Silver and Black have always embodied. Community Champion Honorees were celebrated on the Frost Bank Center court during halftime at various Spurs home games, and each honoree received $1,000 toward their property tax bill, courtesy of Ownwell.

Meet the 2025-26 Ownwell Community Champions
This year’s honorees represent the full breadth of what it means to serve San Antonio, from first responders and educators to caregivers and coaches who refused to let their community down:

Christopher S. – A first responder with the Bexar County Sheriff’s Office, entering his fifth year of service, Christopher puts his life on the line daily to protect Bexar County residents.

Sabrina R. – A 911 operator for the City of San Antonio Police Department with nearly nine years of service, Sabrina is the calm voice in a crisis. She and her family also quietly feed the unhoused — modeling for her children the power of giving back.

Amanda G. – When a young teammate on her daughter’s basketball team tragically passed away, Amanda stepped up to coach five grieving girls, ages 7-9, through the remainder of the season. The team advanced all the way to the Spurs Youth Basketball League citywide championship, earning second place. A true testament to Amanda’s heart, leadership, and resilience.

Krystal A. – A hospice worker of extraordinary compassion, Krystal has walked alongside patients and their families during life’s most difficult transitions, earning the deep gratitude of those she serves.

Margaret B. – An educator at Brackenridge High School for over 13 years, Margaret provides high-quality art instruction in 3-D Design, sculpture, and ceramics. She also hosts a weekly art club and runs an annual art showcase that opens her classroom to the entire community.

Raymond G. – A Parks Operations Supervisor for the City of San Antonio, Raymond works behind the scenes to ensure that every park in the city is clean, safe, and welcoming for the families who depend on those spaces every day.

Heather G. – She dedicated the past year to caring for her brother as he battled stage 4 glioblastoma, supported their family through unimaginable hardship, and now continues to raise awareness for the disease in his memory following his passing in September 2025. Heather’s love and sacrifice reflect the quiet heroism that sustains entire families.

Pauline B. – A hospice worker of extraordinary compassion, Pauline has walked alongside patients and their families during life’s most difficult transitions, earning the deep gratitude of those she serves. Her story of service inspired a special additional honor from Ownwell this year (see below).

Partnership Rooted in Community Service
“The success of this partnership reflects a clear purpose to educate and empower local homeowners while recognizing the leaders who make our community stronger,” said Frank Miceli, chief commercial officer for Spurs Sports & Entertainment. “When we align around a shared mission like this, the results extend far beyond business—they’re felt in every neighborhood across San Antonio.”

The Spurs’ remarkable 2025-26 season, which included the franchise’s best-ever start at 5-0, an 11-game winning streak in February, and a Southwest Division championship, provided the perfect backdrop for a program built on recognizing extraordinary effort With this strong showing, the Spurs energy this season has been a rising tide lifting the entire city.

Closing the Property Tax Knowledge Gap in Bexar County
Alongside the Community Champions program, Ownwell continued to host free property tax education events across San Antonio throughout the 2025-26 season. These Lunch & Learn sessions empowered homeowners to understand how property appraisals work, when and how to file an appeal, and which exemptions may be available to them.

The need is significant. In 2025, more than 490,000 Bexar County homeowners did not protest their property tax assessments, a missed opportunity that Ownwell estimates could have collectively saved those residents more than $126.5 million. To date, Ownwell has helped reduce tax bills for more than 38,000 Bexar County properties, generating over $12 million in savings for local homeowners.

“Every homeowner in Texas deserves a fair shot at lowering their property tax bill,” said Sam Sosa, Senior Property Tax Manager at Ownwell. “Through these events and programs, we’ve helped thousands of families understand their rights and navigate the system with confidence. The Community Champions remind us why this work matters — these are real people, real neighbors, and real stories.”

What Homeowners Should Know
With the May 15th appeal deadline fast approaching, Ownwell encourages Texas homeowners to take action. Here are three key reminders:

Learn the process. Understanding your rights and how the property tax system works is the first step to saving money.Track your property value. Keep an eye on your annual appraisal and tax bill to spot unexpected changes. A lower assessment doesn’t mean it’s accurate.Get support. Whether it’s through Ownwell, your local appraisal district, or a legal professional, don’t hesitate to ask for help if your property valuation seems too high.

To learn more or get started with your own property tax appeal, visit www.Ownwell.com.

 

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SOURCE Ownwell

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