Canned Sardines Market Analysis of Key Participants with Overview on Product Type, Flavor and Forecasts by 2032

The global Canned Sardines Market is set to witness growth at a CAGR of 7.6% and is anticipated to reach a valuation of around USD 14.8 Bn by 2032.

Sardines are one of the healthiest seafood because they are high in omega-3 fatty acids, vitamin B-12, calcium, and a range of other nutrients.  Heart disease which has become one of the prevalent causes of death in the US can be prevented by the intake of Omega-3 fatty acids as it provides the anti-inflammatory properties.

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Sardines help to improve heart function, the immune system, cholesterol levels, cardiovascular health, brain function, lower blood sugar levels, and reduce the risk of Alzheimer’s disease.

These advantages have prompted people to include canned sardines in their everyday diets because they are convenient and healthful. Sardines are now suggested for preventing and treating various ailments in the health and nutrition markets as a result of this. The market for canned sardines is expanding as a result of these growing health benefits.

Further, manufacturers of canned sardines are focused on selling their items on the online store and increasing their promotion on the internet as the e-commerce sector grows. As consumers now are more aware of the health advantages of seafood, demand for canned foods is expected to rise.

Moreover, the businesses are also working to make seafood cans recyclable and offer certified products. Transparency and security are top priorities for businesses. Businesses are focusing on offering the greatest quality seafood as well as revolutionary canning technologies that preserve proteins and allow them to be stored for longer periods of time in response to the increased demand.

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Key Takeaways from Market Study

  • The market is segmented based on product type, wherein, smoked canned sardines is anticipated to account for around 51.5% of the market share over the forecast period.
  • The North American Canned Sardines Market is expected to witness a lucrative growth rate of 6.1% during the forecast period.
  • East Asia is inferred to account for 19.8% of the global Canned Sardines Market consumption through 2032.

“Rising demand for seafood with negligible mercury content and high omega-3 and vitamin D is expected to drive the Canned Sardines market.” According to the FMI analyst.

Competitive Landscape

The demand for canned seafood is being driven by rising concerns about product with both ease of convenience and healthy. Furthermore, as key brands are promoting their brands with sustainable packaging which is environmentally safe and energy-efficient technology, it is likely to have a substantial impact on the market.

Some of the key players operating in the Canned Sardines Market Crown Prine, Santo Amaro, Brunswick, Matiz, MW Polar, Ocean Price, Nuri, Thai, Union Group (TUF), Bumble Bee Food, Natural Sea, Frinsa del Noroeste, Ongreen Thailand Co, Ligo, Wild Planet, Century Pacific Food, Hagoramo and Goody and others

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Future Market Insights, in its new report, offers an impartial analysis of the global Canned Sardines Market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on the canned sardines market by product type (smoked, cooked), by flavor (with olive oil, with sunflower oil, with tomato sauce, with salt and water (brine), with extra virgin oil, others (soy sauce, vegetable oil, natural oil)), by claims organic, kosher, non gmo, no preservatives and others, by distribution channel food service, travel retail, retail & region across seven major regions of the world.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports about the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Out-of-home Coffee Market Growth Size Overview, Historical Market Size Value, Pricing Analysis-2032

The global out-of-home coffee market is set to witness growth at a CAGR of 4.5% over the forecast period (2022-2032) and top a valuation of USD 36 Bn by 2032.

Changing lifestyle have altered the consumer behaviour in past few years. Consumers who preferred tea over coffee have changed their preferences and have begun to consume coffee more than tea. Especially, working population having access to the coffee machines installed at their work places have shown an increased consumption of instant coffee since past half-decade.

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Key Takeaways from Market Study

  • Europe is expected to dominate the global market by accounting for the maximum market value share of about 25% by 2022 end, followed by North America
  • U.S. is to account for the maximum market share of nearly 78% of the North American out-of-home coffee market
  • Rising coffee culture over tea consumption among youths in different regions across the globe is predicted to result in surging demand during the assessment period (2022-2032)
  • By product type, instant coffee is expected to account for the maximum market value share of the global market by 2022 end
  • Higher income groups and working population has an increased spending capacity which is likely to increase the demand for premium coffee brands of out-of-home coffee in the near future
  • Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

Coffee with low caffeine content helps in building the metabolism and improve the functioning of the brain. Owing to these factors, consumers are preferring coffee over tea. Furthermore, increased spending capacity of working population have convinced them to switch to premium coffee brands which is expected to fuel the out-of-home coffee market growth over the forecast period (2022-2032).

Alongside, there have been a huge impact of covid-19 pandemic on the market attributing to the disruption on the supply chain due to worldwide lockdown. The exports and imports of coffee beans were hampered which led to the downfall in the revenue for various manufacturers. Almost all of the offices, restaurants and coffee shops were forced shut during lockdown which hindered the growth of the out-of-home coffee market.

But now, as the restriction are lifted up, the market participants have started gaining a pace to gain a higher position in the market by addressing the needs of their customers and enhancing brand loyalty. This is likely to positively influence the growth of the market in the next few years.

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 “Increasing consumption of instant coffee has resulted in the installation of coffee machines at commercial places such as offices or communities where consumers have all-time access to drink coffee with varied flavors which is prophesied to increase the demand for out-of-home coffee in the coming decade”, says a Future Market Insights analyst.

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years. For instance,

  • In 2020, a company named Tchibo introduced ground and whole bean coffee products with a light, medium, and dark roasted beans, particularly in the United States. These products were widely available at retailers like Jewel and Hy-Vee in the regional market.
  • Many manufacturers have started introducing new and innovative products by adding different flavors such as Italian roast, green bean, and mocha to attract a larger audience.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global out-of-home coffee market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (instant coffee, portioned coffee and roasted coffee), end use (HoReCa and commercial/office), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.

About Food & Beverage Division at Future Market Insights

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Soy Protein Concentrate Market Upcoming Opportunity Report Plus Current and Future Market Size Value with Absolute Opportunity Analysis-2032

According to the recent report publish by FMI, the sales for soy protein concentrate are expected to cross a value of USD 4.5 Billion in 2032 & significantly rising at a CAGR of around 9.2% in the end of 2032.

As a result of the invention of the soy protein concentrate, the use of soybeans in cattle and poultry diets has increased in many regions of the world. It is proving to be extremely important in animal nutrition as a consistent source of protein with a high amount of key amino acids. Soybeans provide more than two-thirds of the protein concentrates used in animal feeds around the world.

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Key Takeaways from the Soy Protein Concentrate Market Study:

  • Between 2022 and 2032, the North American soy protein concentrate business is expected to grow at a rate of more than 7.8%, owing to increased demand for healthier baked items.
  • Asia-Pacific will remain the largest soy protein concentrate market, with sales expected to reach USD 1.8 Bn by the end of 2032.
  • By the end of 2032, sales of soy protein concentrate for animal feed are expected to account for more than two-fifths of the soy protein concentrate market.
  • The liquid soy protein concentrate segment is predicted to grow at a quicker rate than the dry soy protein concentrate segment through 2032, despite the fact that the former will continue to be more profitable.
  • Due to the growing use of soy protein concentrate in the food and beverage industry, the emulsification segment is likely to dominate the European market. The high emulsification qualities also contribute to the dominance.

The nutritional makeup of the produced products differs slightly between the two processes. SPC is greater in nutritional value than soybean meal and has a lower oligosaccharide content (3%) as well as antigenic components.

In the diets of calves, piglets, and dogs, SPC provides a cost-effective alternative to high-quality animal proteins such skim milk powder or fishmeal. On a protein basis, SPC has the potential to replace up to 50% of fishmeal in salmonid diets in aquaculture.

The necessity to replace fishmeal, as well as other animal by-products, with soy protein concentrate is becoming apparent in the rapidly growing aquaculture sector.

This is due to three major factors: I limited fishmeal production coupled with an increase in global aquaculture production; (ii) consumer concerns about food safety in light of dioxin contamination; and (iii) ethical objections to the use of edible protein in animal diets in light of global population growth. It is, therefore, promoting the soy protein concentrate market.

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 “Key market players are investing much in R&D in order to introduce new products and obtain a competitive advantage. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global soy protein concentrate market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering soy protein concentrate are:

  • DuPont, Cargill
  • ADM
  • The Vincent Corporation
  • Crown Soya
  • Wilmar International Ltd
  • Nordic Soya Oy
  • Incorporated
  • Shandong Yuxin Biotechnology Co.
  • Batory Foods

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Get Valuable Insights into Soy Protein Concentrate Market 

FMI, in its new offering, provides an unbiased analysis of soy protein concentrate presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for soy protein concentrate based on form (dry and liquid), by application (food products, beverages, dietary supplements, nutraceuticals, animal feed,  cosmetics and personal care, pharmaceuticals, and others), function  (emulsification, solubility, water binding, foaming, thickening agent, and others) across five major regions.

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Milk Protein Hydrolysate Market Study with Consumer Insights Porter’s Analysis with Regulatory Landscape-2032

According to the recent FMI report, the sales for milk protein hydrolysate are expected to cross a value of USD 1.6 Bn in 2032, significantly rising at a CAGR of 6.9% in the time period of 2032.

By 2027, the market for milk protein hydrolysate in sports nutrition applications is expected to exceed USD 0.4 Bn. Sports nutrition products are made up of various types of nutritional food in specified amounts that aid in improving performance and sustaining body energy levels.

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Key Takeaways from the Milk Protein Hydrolysate Market Study:

  • During the projection period, demand for whey protein hydrolysate in the US is expected to increase by approximately 5.1%. Consumers are paying greater attention to protein-rich products in order to maintain an overall health balance, which is fuelling the expansion of the milk protein hydrolysate sector.
  • According to FMI analysis, by the end of 2027, the poultry animal feed segment is expected to generate over USD 13.6 Bn in sales. Demand for nutritional and protein-rich food for poultry animals has been encouraged by rising demand for chicken meat and high-quality eggs, which is expected to drive segmental expansion in the coming years.
  • Due to the rising consumer spending on healthcare and the rising frequency of metabolic illnesses across Latin America, the milk protein hydrolysate market in the country is expected to grow at a CAGR of 4.8% by 2032.
  • The milk protein hydrolysate market in MEA is valued at over USD 28.3 Bn and is expected to increase significantly during the forecast period, owing to rising product acceptance in dietary supplements and clinical nutrition in the region.

Sports drinks, supplements, and foods such as protein powders, protein bars, supplement powder, ready-to-drink protein beverages, and energy bars are examples of sports nutrition products. Bodybuilders and athletes mostly use these items to increase muscular growth, body performance, and overall wellness, which should boost market figures.

The growth of the sports nutrition segment will also be aided by an increase in the number of young and middle-aged persons participating in sports activities. Milk hydrolysates are important in sports nutrition because they provide a rapid release of amino acids into the bloodstream, which helps muscle and mass development.

Also, the increasing awareness about the benefits of protein-based sports nutrition products paired with an active lifestyle is projected to drive sports nutrition-based milk protein hydrolysate market demand.

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“Market players are investing in R&D to create innovative products in order to maintain their market position. Manufacturers are also focusing on implementing technological advancement to improve production efficiency.” said a lead analyst at FMI.

Who is winning?

Leading industry players have recently implemented strategic measures to enter into emerging markets, resulting in increased market dynamics. For example, Kerry, a big nutrition firm, completed the acquisition of Biosearch Life, a functional food and pharmaceutical specialist, in July 2021. Kerry made the strategic acquisition in order to broaden its market offers for health-related supplements and diet additives.

Some of the leading companies offering Milk Protein Hydrolysate are

  • Fonterra co-operative group Ltd.
  • Kerry Ingredients
  • Meiji Holdings
  • MILEI, Friesl and Campina DMV B.V.
  • AMCO Proteins
  • Nestle S.A.
  • Morinaga Milk Industry co. Ltd.
  • Cargill Inc.
  • Lactalis Group

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Get Valuable Insights into Milk Protein Hydrolysate Market 

FMI, in its new offering, provides an unbiased analysis of milk protein hydrolysate presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for milk protein hydrolysate based on form (powder and paste), by product (whey and casein), by technology (acid hydrolysis, enzymatic, and hydrolysis), by application (sports nutrition, clinical nutrition, infant nutrition, and animal feed) across five major regions.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Alpha-Amylase Baking Enzyme Market: Growth Ratio Report with Statistical Study & Consumer Insights with Key Growth Influencers-2032

The global alpha-amylase baking enzyme market is expected to secure a market value worth US$ 465 Million while expanding at a CAGR of 3.8% during the time period. The growth of the market can be accredited to the increasing importance of enzymes in bread making to provide various features such as; color texture, dough improvement, and softness.

Increasing demand from bakery manufacturers for enzymes to increase the yeast and provide better texture during the formulation for the final product is projected to be another vital factor in the coming time.

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Moreover, the alpha-amylase enzyme is gaining significant traction in the chemical industry as they are used as a catalyst in biofuels. They’re likely to experience significant traction for detergent production in order to augment the product yield and reduce lead time.

In addition, rising interest in the plant-based alpha-amylase baking enzyme is anticipated to offer significant opportunities to the market. For instance, in June 2021, RXBAR, the Kellogg Company subsidiary rolled out its first plant-based product, peanut butter, and chocolate chip flavors. Such initiatives are expected to provide opportunities for expansion in the market in the coming time.

On the contrary, health issues associated with the consumption of bakery products are projected to be the most significant factor hindering market growth in the coming time. Furthermore, rising preference for all alternative protein hydrolysis enzymes like xylanase, lipase, and others are likely to limit the market growth in the assessment period.

Key Takeaways from the Market Study:

  • Bacteria-based alpha-amylase baking enzymes to exhibit a CAGR of 3.8% during the forecast period
  • By application, bread manufacturing to comprise maximum usage, documenting a CAGR of 3.6%
  • Market in the U.S to value US$ 162.4 Million by 2032
  • K market to expand at a CAGR of 3% in the assessment period
  • Market in Japan to garner US$ 27 Million during the forecast period

“Rising consumption of bakery products as well as the quest to include ingredients which are consumer health friendly and cost effective are collectively leading to expansion of the market for alpha-amylase baking products market,” says an analyst at FMI.

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Competition Analysis

Key players in the global alpha-amylase baking enzyme market include

  • Koninklijke DSM N.V.
  • Novozymes A/S DuPont
  • Puratos Group N.V. and Specialty Enzymes.

Recent key developments in the market are:

  • In May 2022, Winni Cakes, India’s leading online gifting platform and bakery chain, announced the opening of the first baking institute in Panchkula that has world resources, educators, and a modern bakery set up to train the young fellows.
  • In May 2022, B&M, a European Value Retail S.A.., announced the launch of the banana-flavored Jammie Dodger biscuit range.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global alpha-amylase baking enzyme market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of source (fungi, bacteria and plant-based) and application (bread, cookies & biscuits, desserts and others), across five major regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Carotenoids Pigment Market Size& Share, Growth Analysis with Recent Improvements, Historical and Future Outlook-2032

Carotenoids Pigments market insights covers the food and beverage industry that uses Carotenoids Pigments all over the world. The market is expected to reach a market valuation of near by $539 million by 2022 and grow at a CAGR of 5.5 per year between 2022 and 2032. Carotenoids pigment sales accounted for a whopping ~33.28% of revenue in the global natural pigments market valued at US$1.6 billion in 2021.

Carotenoids food colorant is also loaded with several pharmaceutical properties and is therefore widely used in cooking culinary practices. Carotenoids can be derived from plants and animals like pumpkins, carrots, parsnips, corn, tomatoes, canaries, flamingos, salmon, lobster, shrimp, and daffodils.

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Key Takeaways from Market Report

  • The overall natural food colors market is expected to expand at CAGRs of 6.5% and 6.1% in North America and Latin America, respectively, through 2032, while the carotenoids food colors market is anticipated to grow at a rate of 5.8% and 6% in these regions respectively.
  • The European carotenoids food colors market is currently pegged at 700 metric tons by volume and USD 160 mn by value. The demand for carotenoid Food Colors is about to grow at 9% CAGR between 2022 and 2032 in this region.
  • In 2021, the Asia Pacific market had a market share of 23.4% in the global carotenoids food colors market. It is anticipated to register over 6% CAGR through 2032 due to the rising occurrence of chronic diseases and the growing awareness among people of the advantages of carotenoids.
  • Although by application, the beverages industry holds command over the highest market share of 20%, the pet food segment for carotenoids consumption is set to expand at a CAGR of 2%.
  • Growing consumer preference for organic, healthy, and nutritious food products is the main driver for sales of carotenoid food colors across global markets.

In the human diet, absorption of carotenoids enhances when consumed with fat in a meal. Cooking carotenoid-rich vegetables in oil and shredding the vegetable both increase carotenoid bioavailability. Hence, it is quite convenient to extract and utilize carotenoid natural colors in foods and beverages.

With the rising number of consumers shifting to an organic diet, the use of Carotenoids food colors has boomed in the food processing industry. Also, the enlarging health-consciousness among people during the pandemic has triggered people globally into looking for natural food colors like Carotenoids color shades on their plates.

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 “Carotenoids food colorant manufacturers are advised to target the health and nutrition markets like dietary supplements industry. Manufacturers should also strive to achieve higher production volumes, to make such natural food colors more affordable to food processing industries. Carotenoids already find application in numerous other industries apart from F&B, hence corporations should not limit themselves to Food and beverages,” says a Future Market Insights analyst.

Competitive Landscape

The market is consolidated and dominated by major players. Carotenoids food colorant producers are majorly cost-cutting procedures in order to make carotenoids food colors affordable for the food processing industry. These manufacturers also participate in various collaborations with leading food brands around the world to increase the reach of their products.

Major market players operating in the carotenoid extract market are Divis Laboratories, Allied Biotech Corporation, D.D. Williamson & Co. Inc., Sensient Technology Corporation, Chr. Hansen Holding A/S, Lycored, Kemin Industries Inc, Cyanotech Corporation, Kalsec Inc, Fiorio Colori, FMC Corporation, WILD Flavors, Naturex S.A., and a few other regional players.

Carotenoids Pigment Market by Category

By Product, the Carotenoids Pigment market is segmented as:

  • Astaxanthin
  • Beta-carotene
  • Lutein
  • Lycopene
  • Canthaxanthin
  • Zeaxanthin
  • Other types (capsanthin, annatto, alpha-carotene, apocarotenal, etc.)

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By Application, the Carotenoids Pigment market is segmented as:

  • Bakery & Confectionery Products
  • Beverages
  • Fruit Preparations/ Fillings
  • Dairy Food Products
  • Potatoes, Pasta, and Rice
  • Soups, Sauces, and Dressings
  • Meat, Poultry, Fish, and Eggs
  • Seasonings
  • Others

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Surface Protection Films Market High Demand from Construction & Interiors Industry

The global surface protection films market is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches.

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Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films.

As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period.

“The growth outlook for the market seems promising, owing to excellent conformability, high adhesive strength, and abrasion-resistant attributes of surface protection films. On the other hand, sales are estimated to witness considerable decline in the next two quarters of 2020, owing to the COVID-19 pandemic across continents. Majority of revenue is realized from the construction and electronics industries. Lockdown and restrictions on import & export activities in high potential countries such as China and India have created an adverse impact on these Industries. This will hinder the growth of the surface protection films market in the near term. However, shifting inclination towards the adoption of protective packaging solutions will boost the demand for surface protection films over the coming years.”

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Key Takeaways from Surface Protection Films Market Study

  • Glass & mirrors remain key application areas of surface protection films, followed closely by furniture surfaces. These two collectively accounted for nearly 45% revenue share in 2021, primarily attributable to growth of the construction industry.
  • Polyethylene (PE) remains highly preferred for manufacturing surface protection films, owing to its low cost and exceptional tear-resistant attributes. This polymer material will continue to maintain its positive trend over the decade ahead.
  • The construction & interiors and electrical & electronics industries would be the immediate end users of surface protection films, capturing around ¾ value share, collectively.
  • The global surface protection films market is highly competitive. Manufacturers of surface protection films are focusing on providing additional features and employing newer technologies such as self-healing to ensure easy peeling without leaving any residue on the surface. These innovations provide convenience features to end users, and help manufacturers in achieving product differentiation.

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Focus of Prominent Manufacturers on Market Consolidation

Leading players in the global surface protection films market are focusing on strengthening their foothold in the landscape by expanding their business footprints. Manufacturers are also enhancing their production capacities through strategic mergers & acquisitions.  For instance,

  • In March 2022, Pregis a North America-based manufacturer, acquired Italian temporary protective films manufacturer Soprad. The company Soprad is a manufacturer and supplier of performance-oriented adhesive protective films for a variety of surfaces, including metal, plastic, glass, and carpets.  In July 2021, the company launched cost-effective, temporary surface protection films specifically-designed for a new generation, fingerprint-resistant or speciality-coated products.
  • In August 2021, Chargeurs S.A. acquired OMMA Srl., one of Italy’s leading manufacturers of application machines for surface protection films.
  • In June 2021, Bischof + Klein SE & Co. KG set up a new extrusion coating line. This is expected to increase the output and enable complete omission of solvents.

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Key Segments Of Surface Protection Films Industry Survey

Surface Protection Films Market By Thickness :

  • Up to 25 Micron Surface Protection Films
  • 25-50 Micron Surface Protection Films
  • 50-100 Micron Surface Protection Films
  • 100-150 Micron Surface Protection Films
  • Above 150 Micron Surface Protection Films

Surface Protection Films Market By Technology :

  • Adhesion Lamination
    • Dry Bond Lamination
    • Wet Bond Lamination
    • Energy Curable Adhesive Lamination
    • Hot Melt Seal Coating
    • Solventless Lamination
    • Others
  • Coextrusion Lamination

Surface Protection Films Market By Material :

  • PE Surface Protection Films
  • PET Surface Protection Films
  • PP Surface Protection Films
  • PU Surface Protection Films
  • PVC Surface Protection Films
  • Others

Surface Protection Films Market By Colour :

  • Transparent Surface Protection Films
  • Translucent Surface Protection Films
  • Coloured/Tinted Surface Protection Films
  • Opaque Surface Protection Films

Surface Protection Films Market By Application :

  • Metal Sheets
  • Glass & Mirrors
  • Prepainted Surfaces
  • Plastic Sheets
  • PVC Profiles
  • Furniture Surfaces
  • Carpet Protection
  • Others

Surface Protection Films Market By Industry :

  • Construction & Interiors
  • Electrical & Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Others

Surface Protection Films Market By Region :

  • North America Surface Protection Films Market
  • Latin America Surface Protection Films Market
  • Europe Surface Protection Films Market
  • East Asia Surface Protection Films Market
  • South Asia & Pacific Surface Protection Films Market
  • Middle East & Africa (MEA) Surface Protection Films Market

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/surface-protection-films-market
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Stretch Hood Films Market | E-commerce Boosts the Demand for Freight Companies that Play an Important Role in the Supply Chain

Stretch wraps or shrink films can prove inefficient in protecting the packages completely. As a result, an increasing number of manufacturers are inclined towards automation and reducing labor work as much as possible. As per a new study by Future Market Insights (FMI), this will enable growth in the stretch hood films market, which is expected to surpass US$ 767.9 Mn by 2022.

In some countries lack of labor is one of the key factors which makes automation a more efficient solution in the long run. Furthermore, unlike stretch wraps and shrink wraps, stretch hood films provide all surface protection. Stretch hood films are gaining traction among the end users as they do not require separate heating unit like shrink films when combined with the stretch hood wrappers. Thus, they save consumables and energy which are essential in heat shrink systems. Therefore, stretch films are predicted to hold a major pie in the global packaging market in near future.

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Besides this, stretch hood film provides improved quality of wrapping. It gives a perfect presentation to the wrapped products eliminating the appearance of folds and creases which is common in shrink wrapping. Most of the consumers are gradually shifting to stretch hood films from tradition packaging and wrapping approaches as these films gives enhanced aesthetic looks, transparency, and gloss to show the contents of the load.

Stretch hood packaging offers great efficiency for securing pallet unit loads. Products packaged with stretch hood films enable maximum coverage as the package is covered horizontally and in transverse directions as per the packaging application.

Who is Winning?

  • Sigma Plastics Group,
  • Coveris Holdings S.A.,
  • Novolex Holdings, Inc.,
  • AEP Industries Inc.,
  • Integrated Packaging Group Pty Ltd,
  • Trioplast Industrier AB,
  • Muller Load Containment Solution,
  • RKW Group,
  • Muraplast d.o.o.,
  • Thrace Synthetic Packaging Limited,
  • Rosenflex(UK) Limited,

Manuli Stretch S.p.A, Shields Bag and Printing Co., UAB Umaras, Gebr Duerrbeck Kunststoffe Gmbh Limited, Aalmir Plastic Industries and NPF Polyfilms Pvt Ltd are prominent players in the stretch hood films market. The stretch hood films market is fragmented and the key players in the market hold 15–20% share in the global stretch hood films market.

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Polyethylene stretch hood films are highly sought-after. As per FMI, polyethylene will be used in the production of nearly 70% of stretch hood films produced through 2031. Among end users, the demand from the construction sector also is expected to rise in the coming years.

Key Takeaways of Stretch Hood Films Market Study

  • Stretch hood films sales are poised to surge, enabling the market exhibit 2.8% y-o-y growth in 2021, after a period of setback in 2020
  • With manufacturing rising consistently, coupled with the demand for advanced packaging solutions, the U.S. will account for over 88% of sales in North America
  • While 2020 proved uneventful, the U.K. market will register a positive 3.7% y-o-y growth in 2021
  • Expansion of construction sector will fuel demand for stretch hood films in Japan and South Korea
  • South Korea will exhibit higher rate of growth yet China will remain the dominant market for stretch hood films in East Asia

 “Closed film hoods lead to better theft protection compared to stretch wrapping. Stretch hood films further prevent dirt and moisture from damaging the products during loading and shipment.” says an FMI analyst.

Stretch Hood Films Find Application in Diverse Industries

Stretch hoods machine is one of the latest palletizing technology and offers benefits when compared to other palletizing methods. In recent times, stretch hood films manufacturers have not only improved the packaging technique and quality, but also emphasized on the quality of raw materials used to enhance performance. Stretch hood films manufacturers are continuously working on production of stretch hood films with more elasticity and reduced thickness.

Using stretch hood films reduces plastic consumption by 20%-30% as compared to shrink hoods or stretch film. It encourages manufacturers to grab this opportunity and innovate products which are less harmful to the environment. These films can be recycled easily so it drastically brings down the recycling cost.

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Increasing opportunities created by innovative product offerings are anticipated to induce established players to invest in research and development activities to further improve performance of stretch hood films. Increased load stability and elasticity of stretch hood films has created lucrative opportunity for the manufacturers of stretch hood films to cater multiple end use industries such as food & beverage, textile, shipping and construction among others.

Impact of COVID-19 on Stretch Hood Films Market

E-commerce and cargo shipments have been transporting huge number of products. Stretch hood films ensure load stability for transportation at the same time provide total visibility to the contents of a pallet. In the recent years, logistics industry has gained prominence due to rising technology. However, the outburst of COVID-19 pandemic has turned the normal functioning of the logistics sector.

Sudden drop in consumer demand created an immediate impact on shipping and port operations activity levels and altered corporate strategies. Lockdown across multiple geographies led to port congestion and reduced demand of stretch hood films from logistics industry. Trends in industry such as food & beverage and medical products confirmed resilience for demand of basic goods, which had continuous demand for packaging of goods.

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/stretch-hood-films-market
For Sales Enquiries: sales@futuremarketinsights.com
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Rigid Food Containers Market Increased Global Trade Propelling Need for Preventing Food Products from Damage while Shipping

The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end.

Rigid food containers will continue to find the largest applications in ready-to-eat food products, followed by bakery & confectionary. Revenues from sales of rigid food containers for packaging of ready-to-eat food products are projected to account for approximately one-third share of the market in 2017, and will further discern a rise in their market share by 2022-end. Dairy products and meat, poultry & seafood are also anticipated to be lucrative application areas for rigid food containers over the forecast period.

Based on packaging type, revenues from sales of trays will remain the largest during the forecast period, followed by bottles & jars, and boxes & cartons. In addition, although sales of cups & tubs will account for smaller revenue share of the market, their sales are projected to register a healthy expansion through 2022. In contrast, sales of bottles and jars will register a sluggish expansion through 2022.

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Plastic and paperboard will continue to be the most lucrative materials for manufacturing rigid food containers. In addition, sales of plastic and paperboard for production of rigid food containers are expected to register the highest CAGRs in the market through 2022. Glass and metal will continue to be comparatively less lucrative materials than plastic and paperboard in the global rigid food containers market.

Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for rigid food containers, projected to expand at an impressive 5.2% CAGR through 2022. Dominance of APEJ on the market can be highly attributed to robust expansion of food & beverage industry, coupled with an increased demand for eco-friendly & sustainable packaging owing to strict regulations concerning material recycling. China and India will remain the most lucrative countries for the rigid food containers market in APEJ.

North America is expected to remain the second largest market for rigid food containers, with the U.S. being the most lucrative country. Shifting preference towards bioplastics as raw materials for rigid food containers on the back of stringent regulations concerning reduction of carbon footprints will drive growth of the market in North America. Another key factor driving the market growth in this region is increased demand for ready-to-drink beverages and packaged frozen food products on the back of hectic lifestyles of population.

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Implications for New Product Development & Channel Strategies in Food Packaging

Rigid food containers are gaining tremendous popularity since the recent past, offering the food products with a long shelf life. Constantly changing lifestyles of consumers, along with their busy work routine, and rapid shifts in household income & size have significantly affected the consumers’ behaviour of buying food products. This has further led towards important implications for new channel strategies and product development in packaging of food, such as rigid containers. Moreover, robust transformations in demographics, improvisations in manufacturing output & productivity, and huge expenditure on packaging of food products across the globe have fuelled requirement for highly advanced packaging facility, such as rigid containers, in the food and beverage sector.

The global market for rigid food containers is highly fragmented in nature, with a large number of suppliers and manufacturers competing to gain a competitive edge. FMI’s report has listed key participants operating actively in the global market for rigid food containers, which include Huhtamaki Oyj, Bemis Co., Inc., Sonoco Products Co., Printpack Inc., Smurfit Kappa Group PLC, Crown Holdings, Inc., Ball Corporation, DS Smith PLC, Berry Global Group, Inc., Sealed Air Corp., Amcor Ltd., and Packaging Corp. of America.

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Key Segments Covered

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Material Type :

  • Plastic
  • Paperboard
  • Glass
  • Metal

Packaging Type :

  • Trays
  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes & Cartons
  • Others

Application :

  • Meat, Poultry & Seafood
  • Dairy Products
  • Bakery & Confectionary
  • Ready to Eat Food
  • Baby Food
  • Fruits & Vegetables
  • Other Applications

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/rigid-food-containers-market
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Bag-in-Tube Market Reach US$ 17.8 by 2029 Expanding at a CAGR of 13.1%

In the worldwide flexible packaging landscape, the bag-in-tube market is likely to outperform other options as a single-use packaging technology. Between 2022 and 2029, the global bag-in-tube market is expected to rise at a staggering CAGR of more than 13.1 percent. According to a new Future Market Insights (FMI) analysis, wine packaging will continue to be a significant contributor to revenue growth in the global bag-in-tube market.

Preference for bag-in-tube for its 360° area accessible for printing and embossing, as well as the potential to offer extended shelf life of up to 6 to 8 weeks after opening the pack, are some of the primary aspects driving this expansion. In terms of mechanical resistance and oxygen barrier, metallized PET utilised in bag-in-tube film architectures meets client expectations. Throughout the forecast period, the bag-in-tube market is predicted to develop at a 13.1 percent annual pace (2022-2029). Some of the important developments in the bag-in-tube industry are high-end customization employing spigots and handles, as well as the type of material utilised as barrier layers.

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Bag-in-Tube Market Study Key Takeaways

  1. Metalized PET will continue to be the favoured material in the bag-in-tube market, with more than 60% of the market expected to be captured between 2019 and 2029.
  2. By 2029, demand from wine and olive oil producers is predicted to account for roughly 80% of the global bag-in-tube market, and it is expected to develop at a faster rate than any other segment.
  3. Western Europe is estimated to dominate the bag-in-tube market, with a CAGR of more than 10% from 2019 to 2019.
  4. Bag-in-tube makers can make significant profits by targeting wine and spirit producers, as these end users see bag-in-tube as a lightweight, leak-proof, and cost-effective packaging alternative to glass.

In Asia Pacific and MEA, there are a lot of untapped markets.

Some markets are unfamiliar with bag-in-tube packaging, which is an expanded form of bag-in-box. While bag-in-tube has a high market penetration in Western Europe, it has a lower market penetration in North America. Latin America and Eastern Europe, where bag-in-tube packaging is still in its early phases of development, are key producers and consumers of wine, providing a great potential for bag-in-tube packaging manufacturers. Bag-in-tube penetration is essentially non-existent in APEJ, MEA, and Japan, making them very profitable regions for enterprises looking to increase their market positions.

In European countries, bag-in-tube packaging is widely used for wine and spirits, followed by high-end vegetable oil (olive oil). By the end of 2025, the worldwide millennial population is expected to surpass 30%. Millennials are drawn to novel packaging such as bag-in-tube and bag-in-boxes because they are convenient to carry and store. Bag-in-tube producers are projected to benefit greatly as a result of this.

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Bag-in-Tube Industry Research Highlights Key Segments

Bag-in-Tube Market by Capacity:

  • Less than 1000 ml
  • 1000 to 2000 ml
  • 2001 to 3000 ml
  • More than 3000 ml

Bag-in-Tube Market by Product:

  • EVOH Barrier + PE
  • Metallized PET

Bag-in-Tube Market by End-use:

  • Wine
  • Spirit
  • Olive Oil
  • Fruit Juices
  • Others

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Key Questions Answered in the Report

  • How much is the Bag-in-Tube market currently worth?
  • What is the sales forecast for Bag-in-Tube through 2029?
  • What was last 7-year market CAGR for the sales of Bag-in-Tube?
  • Who are the key manufacturing companies for Bag-in-Tube?

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/bag-in-tube-packaging-market
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