Market Research Blog – Page 1355 – New Product Development

Commercial Refrigeration Equipment in the United States Market to Surge to USD 11,801.44 Million by 2034, with a CAGR of 3.90% | FMI Reports

United States commercial refrigeration equipment industry — United States commercial refrigeration equipment market

The United States commercial refrigeration equipment market is expected to grow at a compound annual growth rate (CAGR) of 3.90% through 2034. Sales are estimated to reach USD 8,049.70 million in 2024 and are projected to exceed USD 11,801.44 million by 2034.

A significant driver of this growth is the expansion of the food retail sector, particularly supermarkets and convenience stores, which is fueling demand for commercial refrigeration equipment. Manufacturers are focusing on developing innovative, energy-efficient refrigeration solutions tailored to the specific needs of the food retail industry, ensuring optimal preservation of products.

However, the industry’s growth is somewhat restrained by the high initial costs associated with acquiring and installing advanced commercial refrigeration equipment. Although businesses recognize the long-term benefits of energy savings and reduced operational expenses, the significant upfront investment can be a deterrent. To overcome this challenge, companies are exploring various financing options and innovative business models to make these advanced technologies more accessible to a broader range of businesses.

Key Trends Influencing the Sales of Commercial Refrigeration Equipment in the United States

Energy Efficiency and Sustainability

A prominent trend driving the adoption of commercial refrigeration equipment in the United States is the heightened focus on energy efficiency and sustainability. Businesses are increasingly seeking refrigeration solutions that meet stringent environmental regulations and contribute to reduced energy consumption. The integration of eco-friendly refrigerants, advanced insulation materials, and energy-efficient compressors reflects this trend. Companies are aligning their offerings to cater to the growing demand for environmentally responsible solutions.

Rising Demand in eCommerce and Cold Chain Logistics

The growth of eCommerce and the increasing demand for efficient cold chain logistics directly impact the adoption of commercial refrigeration equipment. With more consumers relying on online grocery shopping, there is a heightened requirement for advanced refrigeration solutions. Additionally, the need for temperature-controlled transportation of perishable goods further emphasizes this demand. Companies are aligning their product offerings to cater to the expanding cold chain logistics sector. They are integrating features that ensure the integrity of products during transportation and storage.

Retrofitting and Upgradation Services

Rather than opting for entirely new refrigeration systems, businesses are increasingly turning to retrofitting and upgrading services. This trend is driven by a desire to enhance the efficiency of existing equipment, reduce energy consumption, and meet evolving regulatory requirements. Companies specializing in retrofitting solutions are witnessing increased demand. They now provide cost-effective alternatives for businesses looking to modernize their refrigeration infrastructure without significant capital investment.

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Competition Outlook for Commercial Refrigeration Equipment in the United States

Leading companies are leveraging innovation to maintain their industry dominance. Continuous investment in research and development enables the introduction of energy-efficient and eco-friendly refrigeration solutions, meeting stringent regulatory requirements.

Collaborations and partnerships between equipment manufacturers and technology providers are on the rise. These strategic alliances aim to integrate smart technologies, data analytics, and IoT capabilities into commercial refrigeration systems, enhancing efficiency and performance.

Companies increasingly adopt a customer-centric approach, offering customized solutions to meet specific requirements. This trend emphasizes flexibility, allowing businesses to choose commercial refrigeration equipment tailored to their unique operational demands.

Sustainability has become a key differentiator. Industry leaders are integrating environmentally friendly practices into their manufacturing processes and product offerings. This aligns with the growing demand for sustainable solutions and reflects a commitment to reducing the overall environmental impact of commercial refrigeration.

Recent Developments by Companies Manufacturing Commercial Refrigeration Equipment in the United States

Carrier Corporation, a subsidiary of United Technologies Corporation, is a global leader in heating, ventilation, air conditioning, and refrigeration solutions. The company has recently launched a new product line called Carrier Transicold Vector 8611MT, which is a multi-temperature trailer refrigeration unit that can deliver efficient cooling and heating performance for trailers that are divided into multiple compartments.
Dover Corporation recently acquired Kelvion Refrigeration GmbH, a German company that produces commercial refrigeration applications’ heat exchangers, condensers, and evaporators.
Hussmann Corporation, a subsidiary of Panasonic Corporation, is a leading provider of display cases, refrigeration systems, and merchandising solutions for the food retail industry. The company has recently partnered with Trillium Energy Systems, a Canadian company that specializes in energy management and refrigeration optimization solutions. The partnership will enable Hussmann to offer Trillium’s innovative technologies and services to its customers in North America, which can help them reduce energy consumption and greenhouse gas emissions.
Johnson Controls International plc is a global leader in building technologies and solutions, including commercial refrigeration equipment. The company recently introduced a new product called Johnson Controls Metasys 11.0, a building automation system that can integrate and control various devices and systems, such as HVAC, lighting, security, and refrigeration. The product can help customers improve operational efficiency, sustainability, and occupant comfort.
Emerson Electric Co. is a global provider of engineering and technology solutions, including commercial refrigeration equipment. The company has recently announced that it will invest USD100 million in its Sidney, Ohio facility, which is the company’s global headquarters for its air conditioning and refrigeration business. The investment will support the expansion and modernization of the facility, which will create new jobs and enhance the company’s innovation capabilities.

Key Companies Providing Commercial Refrigeration Equipment in the United States

Carrier Corporation
Dover Corporation
Hussmann Corporation
Johnson Controls International plc
Emerson Electric Co.
United Technologies Corporation
Manitowoc Company, Inc.
True Manufacturing Company

Key Segmentations

By Product Type

Refrigerated Display Cases
Beverage Refrigeration Equipment
- Drinking Fountain
- Soda Fountain
- Beverage Dispensing Equipment
- Beer Dispensing Equipment
Transportation Refrigeration Systems
- Shipping Container Systems
- Trailer Refrigeration
- Truck Refrigeration Systems
Refrigerator & Freezers
- Walk-in Refrigerators
- Reach-in Refrigerators
Ice Machines
Refrigerated Vending Machines

By Application

Food Services
- Restaurants
- Convenience Stores
Food Retail
Food and Beverage Production
Logistics and Transportation
Food and Beverage Distribution

By Region

Northeast United States
Midwest United States
West United States
South United States

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Off-Highway Vehicle Telematics Market Set to Hit USD 2,154.3 Million by 2033, Growing at a 16% CAGR | FMI Reports

The off-highway vehicle (OHV) telematics market is expected to be valued at USD 488.3 million in 2023, rising to USD 2154.3 million by 2033. The off-highway vehicle (OHV) telematics market is predicted to develop at a 16% CAGR between 2023 and 2033.

The forecast for the OHV telematics market remains positive, mostly due to the increased implementation of telematics solutions in construction, agriculture, and mining equipment.

The automotive sector is utilizing next-generation technologies including automotive telematics while assisting in the creation and efficiency of machines. As a result of this, the market is expected to increase significantly over the forecast period.

The expansion of the automobile sector and the use of sophisticated technologies for improved equipment performance have increased end-user demand for telematics technologies.

The incorporation of big data and other modern technologies for improved connectivity and real-time data has increased in off-highway vehicles. Moreover, the increased demand for sophisticated OHVs for applications including precision farming is driving the use of telematics technologies.

The rise of telematics, combined with great performance and reduced labor costs thanks to the support of AI and IoT, has increased sales of OHVs equipped with modern telemetry systems.

The growing requirement for OHV security and protection without sacrificing cost or efficiency has resulted in the implementation of a smart telematics system that optimizes machinery operations.

Key Takeaways:

According to FMI’s study, the construction segment is projected to account for around 65% of global OHV telematics market sales.
In the last five years, the market recorded a CAGR of 11%.
The market for automated guided vehicles in the United States is expected to develop at a 15% CAGR through 2033, according to FMI.
According to FMI’s analysis, Germany is expected to lead Europe’s (OHV) telematics market, rising at a healthy 14% CAGR throughout the projection period.
The market’s main players control roughly 60% of the market.

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Competitive Landscape:

Leading industry participants are emphasizing the extension of their already extensive product portfolios. Moreover, increasing expenditure on research to develop improved products is another key strategy for market players to preserve their market position. Other important objectives include facility expansions and strategic alliances to help meet the increased demand for OHV telematics from a variety of end-use sectors. For example,

July 2022 – Guidepoint Systems, a global provider of car telematics and Software as a Service (SaaS), partnered with Free2move, Stellantis’ global fleet, mobility, and linked data firm.
March 2022 – Navistar reaffirmed its commitment to a connected and data-driven future by standardizing a factory-installed telematics solution on the recent Class 6-8 International Truck and IC Bus vehicle ranges.

Key Companies Profiled

Omnitracs, LLC
ORBCOMM
Stoneridge, Inc.
Teletrac Navman
TomTom International BV
Trackunit A/S
Wacker Neuson
Zonar Systems Inc.
TTCONTROL GMBH
ACTIA Group

Key Segmentations

By Sales Channel

Original Equipment Manufacturers (OEMs)
Aftermarket

By Technology Type

Cellular
Satellite

By End-Use Application

Construction
Agriculture
Mining

By Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East and Africa

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Global Automotive Pump Market is estimated to be worth USD 118 billion by 2033, expanding at a CAGR of 6.2%

According to Future Market Insights, the global automotive pump market is projected to reach a valuation of USD 64.57 billion in 2023 and is expected to grow to USD 118 billion by 2033. This growth corresponds to a compound annual growth rate (CAGR) of 6.2% over the forecast period from 2023 to 2033.

The expansion of the automotive pump market is expected to be significantly influenced by the global rise in vehicle usage, coupled with the adoption of advanced technologies aimed at producing fuel-efficient vehicles that comply with volatile organic compound (VOC) emission regulations.

Automakers and manufacturers are heavily investing in research and development as well as the production of automotive components. They are increasingly integrating smart technologies such as automatic transmission, gasoline direct injection, and gasoline turbochargers, all of which depend on automotive pumps for optimal performance. This trend is likely to create substantial growth opportunities within the automotive pump market.

Rising disposable incomes, especially in emerging economies, have boosted individual purchasing power, leading automakers to focus more on mid-sized and compact cars. The incorporation of premium features such as easy gear shifting, power steering, anti-lock braking systems (ABS), and enhanced cabin comfort systems in these vehicles is presenting new opportunities for market growth.

The growing demand for high-performance vehicles that are both fuel-efficient and lightweight drives the need for continuous innovation in the automotive pump industry. These pumps are crucial for enhancing the energy efficiency of vehicles. The adoption of variable automotive displacement oil pumps, which ensure maximum oil circulation throughout the engine while efficiently dissipating heat, is expected to contribute to the overall growth of the industry.

Key Takeaways

Europe automotive pump market is expected to grow with a CAGR of 6.3% during the forecast period.
The market in India is projected to witness a CAGR of 6.4% during the forecast period.
The market in China is expected to grow with a CAGR of 6.5% during the forecast period.
By sales channel, OEM is projected to lead the segment and is estimated to grow with a CAGR of 6.7% during the forecast period.
By technology, electric pump segment is expected to grow with a CAGR of 7% throughout the forecast period.

“The incorporation of smart technologies like automatic transmission, gasoline direct injection, and gasoline turbochargers is expected to fuel the market growth during the forecast period,” – comments an FMI analyst.

Competitive Landscape

The automotive pump market is highly competitive, with several key industry players investing heavily in the production of these services.

The key industry players are DENSO Corporation, Johnson Electric Holdings Limited, HELLA KGaA Hueck & Co., Hitachi Automotive Systems, Ltd., Concentric AB, Continental AG, Delphi Automotive LLP, JTEKT Corporation, KSPG AG, Magna International Inc., Magneti Marelli S.p.A, Robert Bosch GmbH, Pricol Ltd., SHW Group, TI Automotive Ltd, ZF TRW Automotive Holdings Corp.

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Some recent developments in the market are:

In January 2022, Aisan Industry Co., Ltd., a manufacturer specializing in engine components, successfully finalized the acquisition of Denso Corporation’s fuel pump module business. This strategic move aimed to enhance Aisan Industry’s powertrain portfolio and capitalize on potential market expansion prospects.
In August 2022, HELLA KGaA Hueck & Co, an automotive supplier known for its FORVIA brand, unveiled an expansion to its already extensive thermal management portfolio. The company introduced two new additions: the electronic Valve Actuator and the high-performance Media Pump, both designed to enhance coolant circulation capabilities.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global automotive pump market, providing historical data for 2017 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the automotive pump market, the market is segmented on the basis of pump, sales channel, technology, vehicle type, and region.

Key Segmentations

Pump:

Fuel Supply Pump
Fuel Injection Pump
Transmission Oil Pump
Conventional Engine Oil Pump
Variable Engine Oil Pump
Steering Pump
Coolant Pump
Windshield Washer Pump
Vacuum Pump

Sales Channel:

OEM
Aftermarket

Technology:

Electric
Mechanical

Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two Wheeler

Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

About the Automotive Division at Future Market Insights

The automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

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Digital Printing Packaging Market is Expected to Reach a Strong Valuation of USD 30,696.45 Million by 2033 | FMI

The digital printing packaging market is forecast to experience a growth rate of 5.1% over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 18,666.50 million in 2023 and is expected to be worth USD 30,696.45 million by 2033.

Digital printing is gaining traction primarily due to its eco-friendly attributes and the booming commercial packaging sector. This technology minimizes environmental impact by reducing installation waste and eliminating the need for grids, aligning perfectly with sustainability goals.

The role of packaging and printing in shaping a product’s identity and facilitating effective marketing cannot be understated. Digital printing encompasses the printing of graphics, text, patterns, and various visual elements directly onto packaging materials such as transfer films, paper, cardboard, and more.

One of the key benefits driving the adoption of digital printing in packaging is its cost-effectiveness, particularly for small and medium-sized print runs, making it an attractive choice for low-volume packaging needs.

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The market’s future trends are heavily influenced by the rising consumer demand for personalized packaging solutions. Digital printing plays a pivotal role in enabling cost-effective packaging of products featuring unique designs, materials, and content. Furthermore, customization empowers companies to enhance their brand perception, engage with their customers, and meet the evolving consumer preference for personalized products.

The digital printing packaging also helps with a brief time-to-market. Digital printing processes are frequently associated with fast setup, production processes, easy data exchange, and intense productivity. Thus, companies can produce small- and medium-sized prints and swiftly update their packaging for business and support.

The increasing demand for digital printing packaging can be attributed to its ability to cost-effectively produce short print runs, contributing to reduced waste. On-demand printing plays a crucial role in minimizing excess inventory resulting from changes in packaging and graphic designs, promoting sustainability in the industry.

Market Drivers:

Customization and Personalization: Digital printing allows for high levels of customization and personalization in packaging, meeting the growing demand for unique and individualized products in various industries.
Short-Run Printing: Digital printing enables cost-effective short-run printing, reducing the need for large inventory levels and minimizing waste. This is particularly advantageous for businesses with diverse product lines and limited storage space.
Time-to-Market: Digital printing offers faster turnaround times compared to traditional printing methods, allowing companies to bring new products to market more quickly and respond rapidly to changing consumer trends.
Variable Data Printing: Digital printing technology allows for variable data printing, facilitating the incorporation of individualized information such as barcodes, QR codes, and serialized data on each package.
Sustainability: As sustainability becomes a key focus in packaging, digital printing can contribute to environmentally friendly practices by reducing waste, energy consumption, and the use of harmful chemicals in the printing process.
Cost Efficiency for Small Batch Printing: For smaller production runs, digital printing can be more cost-effective than traditional methods, eliminating the need for expensive plates and setup costs.

Key Companies Profiled:

HP Inc.
Xeikon N.V.
Eastman Kodak Company
Landa Corporation Ltd.
Quad/Graphics Inc.
Tailored Label Products Inc.
Creative Labels Inc.
Reynders Label Printing
DS Smith Plc
Thimm Group
Traco Manufacturing Inc.
WS Packaging Group Inc.
Elanders
Colordruck Baiersbronn
Mondi Plc.

Recent Developments in this Industry:

In April 2022, Huhtamaki launched a Push Tab blister lid, a first-to-market PET blister lidding composed of a single material, sans any metal, to serve the healthcare sector. Push Tab blister lid works on the present packaging portfolio without compromising the speed. Therefore, the invention is projected to offer sustainable packaging solutions for the robustly expanding healthcare sector.
AutajonGroup revealed in September 2022 that the Californian firm ZappPackaging entered its Packaging Division. The acquired company is expected to invigorate the parent company’s operations in the United States, particularly in California.
Mondi Plc. Introduced myMomdi.net, a web platform for excellent print and design to differentiate its uncoated fine paper (UFP) brands. It briefs the printing and design industry professionals regarding high-quality paper brands, paper recommendations, multimedia content, and local distributor contact information.
Avery Dennison Graphics Solutions declared its partnership with Siser North America to venture into the crafter/DIY market. Siser has over 40 years of experience in the consumer craft industry as a leader in heat-transfer vinyl and an expert in modification and personalization.

Key Segments Profiled in the Digital Printing Packaging Industry Survey

By Print Technology Type:

Liquid Toner Electrophotography Printing
Nano-Graphic Printing
Inkjet Technology
Others (Dye tonner)

By Product Type:

Labels
Flexible Packaging
- Films & Wrap
- Bags & Sacks
- Pouches & Sachets
Corrugated Packaging
Folding Cartons
Bottles & Jars
Metal Cans
Others

By End User:

Food
Beverage
Alcoholic
Non-Alcoholic
Pharmaceutical
Personal care & cosmetics
Electronic comp.
Chemicals
Other (Automotive, etc.)

By Region:

North America
Europe
Latin America
Asia Pacific
The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Polyester Straps Market Size and Shares to Grow at a CAGR Value of 7.4% By 2033 | Future Market Insights, Inc.

The global polyester straps market is anticipated to reach a valuation of USD 1.0 billion in 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2023 and 2033, and reaching a total valuation of approximately USD 2.1 billion by 2033.

This growth is driven by several key factors shaping the market dynamics. Polyester straps, known for their high tensile strength, durability, and resistance to corrosion and UV radiation, are increasingly preferred in industries such as logistics, construction, and agriculture for securing heavy loads and products during transportation and storage.

The rising demand for efficient and cost-effective packaging solutions, coupled with the expanding e-commerce sector, is fueling the adoption of polyester straps globally. Additionally, stringent regulations regarding the use of eco-friendly materials in packaging are boosting the market for polyester straps, as they are recyclable and contribute to sustainability efforts.

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Technological advancements in manufacturing processes are also enhancing the performance characteristics of polyester straps, making them more versatile and reliable across various applications. Furthermore, the growing construction activities and infrastructure development projects worldwide are further driving the demand for polyester straps for bundling and securing building materials

Key Takeaways from the Market Study

Global polyester straps market was valued at USD 973 million by 2022-end.
From 2018 to 2022, the market demand expanded at a CAGR of 3.2%.
India is expected to hold a dominant CAGR of 8.5% during the forecast period.
By thickness, the 5mm to 15mm mm segment is expected to constitute a CAGR of 7.3% in 2033.
On the basis of application, bundling segment is expected to dominate the market with a CAGR of 7.2% in 2033.
From 2023 to 2033, polyester straps market is expected to flourish at a CAGR of 7.4%.
By 2033, the market value of polyester straps is expected to reach USD 2.1 billion.

Key Players

Prominent players in the polyester straps market are Teufelberger holding ag, Samuel Strapping Systems, FROMM Packaging Systems Inc., Mosca GmbH, Industrial Yarns Pty Ltd., Linder GmbH, The Plastic Strapping Company Ltd, Northshore Strapping Company, Plastic Extruders Ltd., National Webbing Products, Campanini UGO S.P.A, Signor limited, Consent LLC, Narrowtex Pty (Ltd.), Universal Strapping Inc., Mil-Spec Packaging, Bowmer Bond Narrow Fabrics Limited, Nottingham Narrow Fabrics Ltd, DAE YANG STRAPS CO., LTD, and Johnson Plastics & Supply

Recent Developments:

In January 2022, Dynaric Inc. launched its advanced polyester strapping machine, equipped with cutting-edge technology for efficient and precise strapping operations. The machine offers fast strapping speed, high tension capability, and automatic tension adjustment, improving productivity and ensuring optimal performance in various packaging applications.
In September 2021, PAC Strapping Products, Inc. introduced its new line of polyester strapping with enhanced break strength and improved tensile properties. The new strapping products are designed to provide superior load containment and security for a wide range of applications, including palletizing, bundling, and unitizing.
In October 2021, Yongsun Industrial Co., Ltd. introduced its new range of embossed polyester strapping. The embossed surface of the strapping provides enhanced grip and friction, ensuring secure bundling and preventing slippage during transportation.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global polyester straps market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the polyester straps market, the market is segmented on the basis of thickness (below 0.5mm, 0.5mm-0.75mm, 0.76mm-1mm, and above 1mm), by packaging grade (hand grade polyester straps, and machine grade polyester straps), by width (5mm-15mm, 16mm-25mm, 26mm-35mm, and above 35mm), by breaking strength (up to 220kg, 221kg to 300kg, 301kg to 500kg, 501kg to 1,000kg, and above 1,000kg), by end-use industry (food & beverage, pharmaceuticals, electronics & electricals, automotive, construction & allied industries, paper & allied industries, textiles & apparels, chemicals & fertilizers, and others), and by application (heavy duty bailing, bundling, and palletizing), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

Key Segments Profiled In The Global Polyester Straps Market

By Thickness:

Below 0.5mm
0.5mm-0.75mm
0.76mm-1mm
Above 1mm

By Packing Grade:

Hand Grade Polyester Straps
Machine Grade Polyester Straps

By Width:

5mm-15mm
16mm-25mm
26mm-35mm
Above 35mm

By Breaking Strength:

Up to 220kg
221kg to 300kg
301kg to 500kg
501kg to 1,000kg
Above 1,000kg

By End Use Industry:

Food & Beverage
Pharmaceuticals
Electronics & Electricals
Automotive
Construction & Allied Industries
Paper & Allied Industries
Textiles & Apparels
Chemicals & Fertilizers
Others

By Application:

Heavy Duty Bailing
Bundling
Palletizing

Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Disposable Cups Market is Expected to Generate USD 21.1 Billion by 2033: Future Market Insights, Inc.

In 2023, the market for disposable cups is anticipated to be worth USD 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2%. By 2033, the market is anticipated to be worth USD 21.1 billion. In 2023, it is predicted that the top 3 nations would account for 40% to 45% of the market.

Owing to the quick pace of today’s lifestyle and constant need for mobility, disposable cups are useful. Customers prefer eating at restaurants, and the rate of beverages consumed away from home is steadily increasing.

They anticipate that caterers would support and provide speedy food delivery. Due to their busy lifestyles and demanding work schedules, they are finding online meal ordering to be highly convenient.

Packaging of disposable cups is thought to be tamper-proof by food service providers. They are capable of protecting the food from contamination while it is being transported. Disposable plastic cups are sturdy and affordable. Insulation in these cups can increase the delivery time for both hot and cold beverages.

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For speedy delivery without worrying about spilling or leakage, disposable cups with lids and straw slots are convenient. Disposable cups are very convenient to transport and serve beverages. They don’t take up a lot of storage space.

As they are unbreakable, time-saving, and easy to clean, paper or disposable plastic cups are preferred by food service operators over glass ones. Numerous fast food restaurants, cafeterias, and food malls use disposable cups as a dependable, safe, and simple packaging solution. These can be delivered to clients quickly, which would expand the disposable cups market.

Key Takeaways from Disposable Cups Market

Less than 250 ml disposable cups by capacity is projected to hold a substantial disposable cups market share of 52% by 2033.
By material, the paper disposable cups segment is anticipated to accelerate at a CAGR of 0% between 2023 from 2033.
The beverages segment by application is expected to create an absolute dollar opportunity of USD 7.0 million during the forecast period.
Europe followed by South Asia is estimated to generate high demand for disposable cups, accounting for around 44% of share by 2033.
Australia disposable cups market is projected to exhibit a CAGR of 0% from 2023 to 2033.

“Increasing demand for on-the-go snacking is projected to propel sales of tea, coffee, lemonade, and soft drinks worldwide. It is projected to drive disposable cups sales in the next ten years. Key companies are likely to develop new cups with innovative materials to attract a large consumer base,” says a lead Future Market Insights analyst.

Demand for Sustainable Packaging to Create New Growth Opportunities for Disposable Cups Manufacturers

Innovation is important because it aids businesses in market penetration, the creation of better prospects, and customer engagement. The disposable cup market offers significant potential for innovation to provide high-quality food service goods. Paper cups can help to get around few of the problems with plastic cups. It might also aid in expansion for throwaway cups.

For instance,

In July 2021, following single-use plastic ban in the European Union, Vegware updated their disposable cups’ design to comply with the single-use plastics directive.
In June 2021, Novolex launched a new manufacturing line to produce compostable cups from plant-based plastic (polylactic acid) which appears, behaves, and performs just like a traditional plastic cup.

Plastic Ban in Significant Regions is Expected to Deter Disposable Cup Sales

Single-use plastic damages wildlife, flora, and fauna. It also pollutes the environment and uses up vital natural resources in its production. Due to the massive amount of plastic waste in landfills and the ocean, several nations have outlawed single-use plastics.

Around 15 million metric tonnes of plastic debris are dumped into the ocean annually, according to Oceana Inc. Every minute, around two trucks worth of plastic trash are produced and dumped into the ocean. More than any other nation, the USA produces a substantial amount of plastic waste. Devastating effects may result from the rapid increase in terms of plastic manufacturing.

Expanded polystyrene products are no longer available and are even prohibited in Europe. Purpose of this new rule named Single-Use-Plastics (SUP), is to lessen negative effects that plastic has on both human health and the aquatic environment.

The order was incorporated into national law and became effective on July 3, 2021. Any nation that violates these duties will pay a price. Numerous countries are imposing restrictions on single-use plastics, which is impeding expansion of the disposable cup business.

Competition Landscape: Disposable Cups Market

Key players operating in the global disposable cups market are Pactiv LLC, Berry Global Group, Inc., Dart Container Corporation, Huhtamaki Oyj, Detpak (Detmold Group), Georgia-Pacific LLC, Greiner Packaging International GmbH, and Genpak, LLC.

Also, few of the other noticeable players in the market are Fuling Plastic USA, Inc., Churchill Container, ConverPack Inc., FrugalPac Limited, Go-Pak Group, Grupo Phoenix Capital Limited, CEE Schisler Packaging Solutions, F Bender Limited, SEDA International Packaging Group S.p.A., Duni Group Global, and Stanpac Inc. and others. Tier 1 players in the market hold 15 to 20% in the global disposable cups market.

Get Exclusive Insights into Disposable Cups Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global disposable cups market, analyzing historical demand from 2014 to 2022 and forecast statistics for 2023 to 2033.

The study reveals growth projections on the disposable cups market on the basis of material type (paper, plastic, foam, bagasse), capacity (less than 250 ml, 250 to 750 ml, above 750 ml), application (food, beverage), sales channel (manufacturers, retail, distributors, online), and end use (commercial use, institutional use, household use) across seven regions of the globe.

Disposable Cups Market Outlook by Category

By Material Type:

Paper
Plastic
Foam
Bagasse

By Capacity:

Less than 250 ml
250 to 750 ml
Above 750 ml

By Application:

Food
- Spreads
- Sausages & Dressings
- Confectionary
- Dairy
  - Ice Cream
  - Yogurt
  - Drinks
Beverages
- Hot
- Cold

By Sales Channel:

Manufacturers (Direct Sales)
Retail
- Hypermarket
- Supermarket
- Convenience Stores
- Specialty Stores
Distributors
Online

By End Use:

Commercial Use
- Hotels & Cafes
- Full Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
Institutional Use
- Schools & Colleges
- Offices
- Hospitals
- Airports & Railways
Household Use

By Region:

North America
Latin America
Europe
Middle East and Africa
East Asia
South Asia
Oceania

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Pulse Products Market Growth Projected at 4.3% CAGR, Reaching USD 1,95.0 Billion by 2032

The global pulse products market is anticipated to reach a valuation of USD 1,28.0 Billion in 2022. As adoption increases in households, the flour industry, and the snack food sector, the market is projected to grow at a 4.3% CAGR from 2022 to 2032, reaching an estimated USD 1,95.0 Billion by 2032.

Growing health awareness among people and growing demand for nutritious plant-based products are driving the global pulse products market.

Plant-based products are both healthier and safer than animal-based products. The pulse products market is being driven by the growing popularity of veganism around the world and increasing applications of pulse products in bakeries, snacks, beverages, and pet food.

Pulse products are linked to a number of health benefits. Some of these health benefits include improved heart health, lower blood pressure, and reduced cholesterol levels. Additionally, pulse products have also been linked to a decreased risk of developing certain types of cancer, which has led to a growing consumer preference for these products. This will continue to boost pulse products market during the forecast period.

Another factor driving the sales of pulse products is the growing demand for vegan and gluten-free foods. Pulse products have become great choices for people with dietary restrictions or allergies as they are low in carbs and calories. Pulse products are also non-GMO and made with organic ingredients. This appeals to consumers who are looking for healthy, natural products.

Key Takeaways:

Based on product, dry peas segment is expected to account for a significant value share of over 13% in the global pulse products market in 2022.
By type, the pulse protein segment is likely to grow at a higher pace during the forecast period.
North America is projected to hold a revenue share of around 34.4% in the global pulse products market during the forecast period.
The India pulse products market is anticipated to expand at around 5.4% CAGR between 2022 and 2032.
The pulse products market in the U.K. is expected to grow at a steady CAGR of 4.6% during the projected period.
The U.S. pulse products market is expected to reach a valuation of US$ 34 Bn in 2022.

Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com

Rising Usage in Food Products Boosting Pulse Products Market

Companies are using pulse products in their food products because they are a healthier option than some other types of food. For example, pulse flour is lower in calories and has more nutrients than other types of flour.

Pulse products are used by companies like Avena Foods to create functional foods and supplements. The products come in many forms, including powders, granules, and tablets. They can be used to create healthy snacks or meals, and they are also popular among athletes and those looking to maintain a healthy weight.

Competitive landscape:

The global pulse products market is highly fragmented and competitive, with numerous local and regional players. Major companies are using strategies such as new product launches, partnerships, expansions, mergers, and collaborations to boost their sales and secure a market advantage.

Some of the leading companies operating in the pulse products market are ADM, AGT Food and Ingredients, Ingredion Incorporated., Buhler AG, Diefenbaker Spice & Pulse, GPA Capital Food Pvt Ltd, USA Pulses, Puris, Vestkorn, Batory Foods, The Scoular Company, Groupe Emsland, Roquette Frères, Popular Pulse Products Pvt. Ltd., Esteem Bio Organic Food Processing Limited, Beacon Foods Limited, Cargill, Incorporated., Parmanand & Sons Food Products Private Limited, CKP Products Limited., and Avena Foods, Limited.

Pulse Products Market by Category

By Product:

Chick Peas
Kaspa Peas
Lentils
Pigeon Peas
Fava Beans
Black Gram
Beans
Dry Peas
Mung Beans
Other

By Type:

Pulse Fiber
Pulse Grits
Pulse Starches
Pulse Protein
Pulse Flour

By Application:

Bakery
Beverages
Extruded Snacks
Pet Food
Others

By End User:

Home Use
Snack Food Industry
Flour Industry
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Antioxidants Market Set to Achieve USD 5.3 Billion at 9.1% CAGR by 2033, According to Future Market Insights Inc.

Picture background — Antioxidants Market

In 2022, the antioxidants market was expected to be worth close to US$ 2.11 billion. The market would be influenced by a variety of factors all throughout the course of the anticipated period, including the growing global population, rising packaged goods demand, and the pharma industry’s spectacular growth.

It is expected to have generated US$ 5.3 billion, with a CAGR of 9.1% from 2023 to 2033.

In the food and beverage business, antioxidants are still on the rise and are now viewed as a crucial addition. Its widespread use is a result of rising consumer knowledge of the additive’s several advantages in reducing chronic illnesses like diabetes.

Market expansion has been impacted by rising consumer demand for and consumption of packaged foods, which frequently include antioxidant chemicals. Its presence prolongs the food’s shelf life by preventing oxidation.

People are becoming more and more dependent on processed meals as a result of the growing working population and their hectic lifestyles. The number of employed people in the United States climbed from 64.4% in 2018 to 64.9% in 2019, based to the United States Bureau of Labor Statistics.

Customers are expecting high-protein, nutritionally dense superfoods as functional meals gain in popularity.

These elements prompted manufacturers to create novel items and use cutting-edge technology.

Global demand for prepared meals has been fueled by rising disposable income and increased urbanization. Working professionals are forced by the lack of time to cook their own food to rely on packaged foods that are convenient to eat and include nutritious ingredients.

A change in customers’ choices for food goods is being brought on by a change in their lifestyles. The range of food items on the market and the vitamins and minerals and preservatives they contain are well known to consumers.

Over the anticipated years, this element is predicted to support the expansion of the market for food antioxidants on a global scale.

Key Takeaways from the Market Study

Antioxidant sales have grown historically by 3.2% between 2018 and 2022 on a worldwide scale.
The market for cosmetic antioxidants is projected to increase from US$ 211.8 million in 2022 to US$ 258 million in 2025 at a CAGR of 6.4%.
In 2022, the synthetic category had 66.5 percent of the market.
The market for antioxidant beverages is anticipated to grow at a CAGR of 8.8% over the course of the projected period.
With a share of 20.4% in 2022, the United States dominated the North American antioxidant market.
With a CAGR of 6.6% from 2023 to 2033, the United Kingdom is set to rule Europe.

“Consumer demand for anti-aging goods has gradually increased, which has led to an increase in the use of antioxidants substances in many cosmetics as well as food and beverage items,” remarks an FMI analyst.

Competitive Landscape

The top market players are dedicated to creating new goods, while also moving quickly to make investments and complete mergers and acquisitions. The key industry participants’ increasing innovation is creating a competitive environment for new market entrants.

Prominent players in the antioxidants market are Aland (Jiangsu) Nutraceutical Co. Ltd, BASF SE, Cargill Incorporated, Kalsec Inc., Koninklijke DSM N.V., Nutreo N.V., Vitablend Nederland B.V., Archer-Daniels-Midland Company, Cargill Incorporated, and others.

Some key developments of the leading companies in this market are:

Guardian Toco 30p, a highly efficient and label-friendly antioxidant made from naturally obtained mixed tocopherols that comes in powder form, was launched in 2019 according to DuPont Nutrition & Health. DuPont says that as an alternative to liquid tocopherols, producers of cereal, as well as granola brands, now have a handy, simple-to-use antioxidant protection solution. Concerns of production, such as homogenous distribution, labor-intensive cleanup, handling, and application, may be alleviated by the powder format.
The BASF product Lucarotin® is a beta-carotene. Provitamin A is found in beta-carotene, an antioxidant that has a number of health advantages. Lucarotin®, a healthy component and food coloring produced by BASF, is utilized in a number of nutritional supplements. Lucarotin® provides luster and brightness to carbonated beverages and juices, in addition to a range of meals, without the need for a warning label. There is no staining in the finished product because of the range’s exceptional color stability.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global antioxidants market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the antioxidants market, the market is segmented on the basis of product type (synthetic antioxidants, natural antioxidants), application (food, beverages, cosmetics, pet food or animal feed) and across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East and Africa)

Comprehensive Market Insights: Full Report Overview

Key Segments Profiled in the Antioxidants Market

By Product Type:

Natural Antioxidants
- Vitamin C
- Vitamin A
- Rosemary extracts
- Vitamin E
Synthetic Antioxidants
- Butylated hydroxytoluene
- Butylated hydroxyanisole
- Others

By Application:

Food products
Beverages
Pet Food/ Animal Feed
Cosmetic and personal care products

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Beer Market Outlook: Navigating Shifts in Consumer Preferences and the Surge in Low-Alcohol Choices

The global beer market is projected to be valued at approximately USD 759.1 billion in 2023, with expectations to grow to around USD 1,679.5 billion by 2033. Notably, beer sales are anticipated to achieve a significant compound annual growth rate (CAGR) of 7.6% over the forecast period.

The beer market is a vibrant and evolving segment within the global beverage industry. In recent years, it has undergone significant changes due to:

Shifts in consumer preferences
Advancements in brewing technology
A growing demand for distinctive flavor profiles

Microbreweries have transformed the industry by exploring new market segments. In response, major brewing companies have adeptly adjusted to these changes, leveraging their strengths to embrace this trend. They understood the importance of product differentiation and effectively utilized these strategies while maintaining aspects of their established business models. This approach allowed them to benefit from their inherent cost efficiencies and expansive distribution networks.

The beer market stands poised to reap the rewards of the burgeoning popularity of no/low alcohol alternatives. This trend has seen significant acceleration due to the prevailing health and wellness concerns. Notably, beer commands a substantial share of the no/low market. Additionally, this segment benefits from more lenient restrictions on e-commerce sales. It also receives greater flexibility in terms of distribution.

Key Takeaways from the Beer Market Report:

In 2022, the global beer market size stood at US$ 759.1 billion.
The United States is leading the beer industry with a 19.7% global market share in 2023.
In 2023, China’s beer industry closely tracks the United States, holding a 9.8% global market share.
Germany emerged as a prominent player in the European beer industry, capturing a 6.5% global market share in 2023.
The market is spearheaded by the retail segment, commanding 36.50% of the global market in 2023.
Ale beer type is the leading segment, with a 33.50% share of the global market in 2023.

Get Connected with Our Expert Analyst on Email: sales@futuremarketinsights.com

Competitive Landscape

As the global beer sector experiences remarkable growth, beer manufacturers are pivotal in addressing the rising demand. Breweries are now embedding innovation into their core operations, leading to significant advancements in distribution strategies to ensure efficient and widespread availability. Pricing models have also been adjusted to cater to diverse consumer segments, making a broader range of beers accessible to more people. Consequently, beer sales have soared, enhancing the market share of both established players and emerging entrants. Notably, AB InBev, Heineken, China Res. Snow Breweries, and Carlsberg together command 60% of the market share among the top 40 brewers.

Recent Developments

In September 2023, Pineville’s Middle James Brewing Company unveiled a new beer as part of its commitment to promoting mental health awareness. This initiative supports the Rosado family’s broader mission to raise awareness through the Matías Rosado Foundation.
In August 2023, Innis & Gunn, the brewery based in Edinburgh, introduced 12 Moons Lager. This fresh brew was bottled in August 2022 during a full moon and matured for a full year in 75 bottles. With a 5.8% alcohol content, this bottle-conditioned and unpasteurized lager marks the fourth addition to Innis & Gunn’s limited edition lineup for 2023.

Key Companies Operating in the Beer Market

Heineken N.V.
Carlsberg A/S
United Breweries Holdings Limited
Devans Modern Breweries Ltd.
Diageo PLC
Carlsberg India Pvt. Ltd.
Anheuser-Busch InBev.
B9 Beverages Pvt. Ltd.
Crown Beers India Limited (AB InBev)
Radico Khaitan Ltd.
Beijing Enterprises Holdings Limited
Dogfish Head Craft Brewery, Inc.
Squatters Pubs and Craft Beers
Sierra Nevada Brewing Co.
The Boston Beer Company, Inc.

Key Segments Covered in the Beer Market Report

By Product Type:

Ale
Lager
Stouts
Others

By Packaging:

Can
Bottle
Glass
Others

By Production:

Macro-brewery
Microbrewery
Craft Brewery
Other

By Distribution Channel:

Direct
Indirect
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Independent Retailers
Online Retailers

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Food Preservatives Market to Climb to USD 5.7 Billion by 2033, Future Market Insights Inc. Analysis

The food preservatives market refers to the industry involved in the production and distribution of substances used to prevent food spoilage and extend its shelf life. Food preservatives are added to various food products to inhibit the growth of bacteria, yeast, and molds, thereby maintaining their freshness, quality, and safety.

The market for food preservatives has witnessed significant growth over the years due to several factors. Firstly, with the increasing global population and changing consumer lifestyles, there is a rising demand for convenient and ready-to-eat food products. Food preservatives play a crucial role in ensuring that these products remain safe and edible for longer durations.

Additionally, the expansion of the processed food industry and the growth of e-commerce platforms have further fueled the demand for food preservatives. These preservatives help in preserving the texture, flavor, and nutritional value of processed foods, which often undergo extended storage periods and long-distance transportation.

The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 2,965.62 million in 2023 to US$ 5,725.70 million by 2033 end.

As the clean label movement is in full vigor, consumer curiosity and awareness about food ingredients have heightened. As a result, key manufacturers of food preservatives in the market are adopting a natural approach to keep food fresh for long periods. The continuous use of food preservatives in food production is a primary factor, which is positively influencing the market growth. Numerous benefits of food preservation are motivating market expansion.

Food preservation minimizes food wastage owing to less food spoilage, and warrants food safety via antimicrobial protection. The technique helps extend shelf-life while maintaining fresh taste and quality. Many companies in the market are offering an array of clean-label preservation solutions to provide significant advantages to customers. For instance, Kerry Group plc offers UpGrade, DuraFresh, and Accel.

With the incorporation of clean-label preservatives, food manufacturers can differentiate their products, claim to have used no artificial preservatives, and overcome shelf-life obstacles. The market is teeming with new opportunities to expand as new-age customers are seeking natural ingredients in their meals, and less processed, natural foods.

Key Highlights:

The United States is projected to lead the market arena over the forecast period. As consumers are avoiding traditional preservatives like nitrate and sodium nitrite, the scope of clean-label food preservatives is expanding in the country.
China is projected to be a significant player in the Asia-Pacific food preservatives market. The surging applications of food preservatives in meat, bakery and customized solutions are projected to augment the market growth.
The growth of the food preservatives industry in India is characterized by the increasing demand for clean-label preservation ingredients to replace traditional lactates, traditional sodium nitrite salts, and diacetates in meat.
Synthetic preservatives hold a large share of the market. However, natural preservatives are exhibiting increasing demand due to their acceptance by regulatory agencies for processing purposes.

Latest Market Developments:

In November 2022, Kemin Industries, Inc. developed a nitrite substitute to be used in the first phase of emulsified cooked sausages. The label-friendly ingredient, Rubinite GC Dry, offers food safety and is available in Europe, the Middle East, and Africa region for food producers.
In April 2022, Kemin Industries, Inc. announced that it is researching how different ingredients have antimicrobial activity, which can attain a clean label, and maintain the freshness and safety of the product. With this research, the company aims to analyze the way certain ingredients impact the shelf life and pH of sauces and dressings.
In August 2021, Conagen, Inc. presented a new product in the market, i.e., ‘p-Coumaric Acid’ (PCA). This product is a clean-label and natural preservative that is developed by fermentation.
In July 2021, DSM declared that it is extending its portfolio of Dairy Safe cheese biopreservation, by selecting new phage-robust culture rotations.

In-Depth Market Analysis: A Complete Report

Key Market Segmentation

By Label:

Clean Label
Conventional

By Type:

Synthetic
Natural

By Function:

Antioxidants
Antimicrobial
Others

By Application:

Meat & Poultry Products
Bakery Products
Dairy Products
Beverages
Snacks
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us: