Market Research Blog – Page 14766 – New Product Development

Sustainable Palm Oil Market Overview Size Growing Rapidly with Recent Trends, Types, Application, Development, Revenue, Demand and Forecast to 2022-2030

Palm oil is an edible vegetable oil obtained from the mesocarp of oil palms. Sustainable palm oil is the palm oil made under the guidance and rule of RSPO, a body established to transform markets to make sustainable palm oil a norm.

Sustainable palm oil is reddish in color due to the high beta carotene content it contains. The low cholesterol content contained in sustainable palm oil is the primary force fueling the growth of the sustainable palm oil market. There has been a significant rise in the number of cardiovascular disease patients globally, which has facilitated the surge in demand for sustainable palm oil.

Consumers are conscious of the food item and ingredients consumed as reports show that what they eat has a significant impact on their health.

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The application of palm oil in a variety of industries for the production of key products such as ice cream, soaps, lipstick, detergents, and others, is expected to propel the growth of sustainable palm oil market during the forecast period.

The growth sustainable palm oil market is anticipated to register a double-digit CAGR within the stipulated period.

Consumers’ demand for organic or natural products is another force anticipated for create a surge in demand for palm oil in the global market which will fuel the growth of sustainable palm oil market in a few years.

Sustainable Palm Oil Market Growth Driver

Growing demand for palm oil in various industries such as cosmetic and personal care, food and beverage, restaurant, and even in the household is anticipated to foster the global sustainable palm oil market’s growth.

The bakery industry employs sustainable palm oil services in their products because of its smooth and creamy texture coupled with the absence of smell when used. Palm oil helps extend the shelf life of food items as it doesn’t rancid easily.

Cultivation of palm oil requires just a small portion of land, making it cheap and affordable for consumers. As a cash crop, palm oil is cultivated by various countries, especially those whose economy depends solely on agriculture.

Governments’ stringent regulations regarding deforestation are another factor fueling sustainable palm oil growth as RSPO has enacted laws that restrict producers from destroying the environment and wildlife.

Furthermore, the utilization of palm oil as an ingredient is expected to improve the sales of sustainable palm oil globally.

Palm oil is available as ingredients like sodium lauryl sulphate (SLS), kernel oil, asorbyl palmitate, palmate and more.

Sustainable Palm Oil Market: Region-wise Analysis

Geographically, the global sustainable palm oil market is segmented into seven regions; North America, Latin America, Africa, Western Europe, Eastern Europe, the Asia Pacific excluding Japan, and Japan.

The Asia Pacific is the largest market for palm oil as it serves as home to countries like Indonesia and Malaysia, where palm oil is produced in large quantities for commercial purposes.

Japan remains the growth driver of sustainable palm oil in the Asia Pacific due to the burgeoning demand for palm oil from the cosmetic industry.

Nigeria, Ecuador, Colombia, and Thailand are expected to foster the industry’s growth in Africa and Latin America, respectively, because of the rise in demand for palm oil in household and fertility of the land for palm oil to thrive.

Sustainable Palm Oil Market: Competitive Landscape

The major players operating in the global market are focusing on innovative products to woo consumers. Leading players in the industry include;

New Britain palm oil limited
Golden agri resources limited
IOI corporation Berhad
Wilmer international limited
Cargill, SIPEF group Belgium
Kulim berhad
Sime Darby plantation sendirian Berhad
Hap seng Plantation Holdings Berhad
Kuala lampur kepong

Region-wise Analysis

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Sustainable Palm Oil Market Segment Analysis

The global sustainable palm oil market can be segmented on the following basis:

By Application

Food
Cosmetics
Confectionery Products
Bakery Products
Soap and Detergents
Margarine
Ice Cream
Pet Food
Others

By Type

Palm Kernel Oil
Red Palm Oil
White Palm Oil
Fractional Palm Oil

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Malt Market Overview In-Depth Overview, Growth Factors, Regional Analysis And Forecasts Outlook-2022-2026

Malt is a product prepared from grains through a malting process, which involves partial germination, to modify the grains’ natural food substances. Barley is generally used to prepare malt, while rice wheat, corn and rye are used less frequently. The principle use of malt is in brewing beer. Malt is also used for preparation of whiskey and other beverages. Its wide usage in alcohols, beverages and food products makes it an important product in the food and beverage industry. It is also used to make confections such as malted shakes, malt vinegar, flavored drinks such as Horlicks, and Milo, and some baked goods, such as bagels, malt loaf, and rich tea. Malted barley is an ingredient in blended flours specifically used in the manufacture of yeast breads and other baked goods.

Malt Market: Drivers & Restraints

The key driver for this market is the use of malt in the beer industry, which is growing at a fast rate. Its widespread use in the food industry is another impetus for the growth of this market. Opportunities for this market lie in the use of different types of malt extracts in food products. Growing popularity of wine and other beverages acts as a hindrance in the growth of this market, as this would reduce the consumption of beer. Increase in the use of organic malt in making breweries is boosting the growth of the market. The major challenge to this market is the entry of local players in the market. They offer low cost product, and thus are able to generate a broader customer base.

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Malt Market: Segmentation

The global malt market can be broadly segmented on the basis of type, application, brewers, and source. On the basis of type, the malt market can be classified into-Dry Extract, Liquid Extract, Malt Flour. On the basis of application, the malt market can be segmented into-Beer Industry, Whisky Distilleries, Food & Beverages, and Pharmaceutical industry. On the basis of brewers, the malt market can be segmented into- Base Malt, Standard Malt and Specialty Malt. On the basis of source, it can be segmented into-Barley, Wheat, Rye.

Malt Market: Region Wise Outlook

Geographically, the acai berry market is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan (APEJ), and Middle East and Africa (MEA) and Japan.

North America has been the largest market for malts, sharing superiority in both production as well as consumption. Western Europe and Central Europe are also one of the key malt markets. Countries in Asia Pacific such as, China, South Korea and Australia are showing relatively quicker growth and are expected to be the dominant markets over the coming years. Countries in Africa such as, Zimbabwe and Botswana constitute of two of the most promising market potentials followed by Latin America.

Malt Market: Key Players

Some of the major companies manufacturing malts in the global market are Bairds Malt Ltd, Cargill Inc., Crisp Malting Group Ltd, Malteurop Group, Muntons Malt plc, Simpsons Malt Ltd. Cargill Inc. Bairds Malt Ltd. Crisp Malting Group Ltd., Heineken, Muntons Malt plc and others.

The report covers exhaustive analysis on:

Malt MarketSegments
Malt MarketDynamics
Historical Actual Market Size, 2013 – 2015
Malt MarketSize & Forecast 2016 to 2026
Supply & Demand Value Chain
Malt MarketCurrent Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Malt MarketDrivers and Restraints

Regional analysis for Malt Marketincludes

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Malt Market

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Food and Beverages Additives Market Overview, Share, Regional Outlook, Demand Analysis, Competitive Strategies and Forecast up to 2022-2025

Food and beverages additives primarily include direct food additives and indirect food additives. Those food additives which are purposely added are known as direct food additives. While those food additives for example salt or vinegar, which are added to give taste but also act as shelf life stabilizer are defined as indirect food additives. Increased consumption of packaged food and beverages coupled with rising demand for edible products with health benefits is expected to support food and beverages additives market in food and beverage products during the forecast period.

Food and Beverages Additives Market Segmentation

Food and beverages additives market is segmented on the basis of product type which includes sweeteners, flavors and flavor enhancers, preservatives, enzymes, fat replacers, colorants, emulsifiers and others (texturizer and shelf life stabilizers). Among all these segments flavors and flavor enhancers segment is expected to occupy the largest position on the pie. Increasing demand for processed food with better taste and flavor is attributed to this growth.

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Moreover, sweeteners is another segment which is predicted to show a substantial growth as it is seen as sugar alternative. Thus rise in demand for low calorie product due to increased diabetic problem across the globe is expected to support the demand of sweetener during the forecast period. Fat replacers segment is also expected to be the major contributor in terms of revenue. Rising demand for low fat products due to increased rate of obesity level and heart diseases is expected to attribute this growth. Food emulsifiers segment is expected to show a healthy growth in the near future followed by food enzymes.

On the basis of application the food and beverages additives market segmentation includes food products and beverages products. Food products segment is further sub segmented as processed and frozen food, bakery and confectionery products, snack food products, dairy products, meat and poultry products and others (baby food products). Among all these segments processed and frozen food products is expected to account for major market share. Increasing disposable income especially in developing regions has led the consumers inclination towards packaged or convenience food products which is simultaneously expected to support the growth of the market.

Beverages is further sub segmented as soft drinks and fruit juices, energy/sport drinks, alcoholic beverages and bottled water. Among all these sub segments soft drinks and fruit juices is expected to account for the major market share followed by energy/sport drinks. Increasing awareness among the people for healthy diet has raised the demand for packaged soft drinks and fruit juices which is further expected to contribute to the market. Also, the demand of energy/sport drinks is rising which is expected to support a substantial growth to the food and beverages additives market.

On the basis of geography, North America is expected to contribute to the highest in terms of market share in food and beverages additive market followed by Europe. Increasing health consciousness coupled with rising demand of convenience products among the people is predicted to drive the growth of food and beverages additives market across North America region. Whereas, Asia pacific is concerned it is expected to register a healthy double digit growth by 2020. In Asia pacific region China is expected to be the most dominant market for food and beverages additives followed by India. Rising awareness among the consumer for healthy lifestyle through various commercial advertisement is fuelling the growth of food and beverage additives across the region in the forecast period.

Food and Beverages Additives Market Drivers

Rising demand for convenience and packaged foods coupled with increasing health consciousness among the people in developed economies is expected to support the growth of food and beverages additives market during the forecast period. In emerging economies, rising disposable income and shifting of consumer preference towards enhanced food products with flavors and taste is expected to fuel the growth of food and beverages additives market during the forecast period.

Food and Beverages Additives Market: Key Players

Some of the major players operating in food and beverages additives market includes Symrise AG, Sensient Technologies Corporation, Royal DSM NV, Tate & Lyle plc, Kerry Group plc, Givaudan SA and Firmenich SA among others.

The report covers exhaustive analysis on:

Food and Beverages Additives Market Segments
Food and Beverages Additives Market Dynamics
Historical Actual Market Size, 2012 – 2014
Food and Beverages Additives Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Food and Beverages Additives Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Food and Beverages Additives Market Drivers and Restraints

Regional analysis for Food and Beverages Additives Market includes

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

Food And Beverages Additives Market

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

About FMI:

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Sales in Automatic Category Account for 70% of Revenue Generated in Deblistering Machines Market: FMI

“Deblistering machines are available in automated and semi-automated variants, which are largely used to recover and remove tablets and capsules from blister packs without degrading and affecting the quality of medicines”

Deblistering machines are available in automated and semi-automated variants, which are largely used to recover and remove tablets and capsules from blister packs without degrading and affecting the quality of medicines. The consistently rising demand for deblistering machines among pharma and contract manufacturers and recyclers for keeping up with the massive volume of drug packaging has strengthened growth prospects to a significant extent.

As per Future Market Insights (FMI), the deblistering machines market will reach a valuation of US$ 152.2 Mn by 2021. The rapidly growing scope for automation and machinery in the global pharmaceutical industry with the objective of reaching manufacturing targets is a primary factor propelling the sales of deblistering machines.

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These machines possess excellent deblistering speed and have the ability to work with a wide range of blister packaging formats including push-through, child-resistant, and peelable blisters. FMI predicts that the demand for deblistering machines will be relatively strong owing to factors such as the rising production of blister packaging and oral dosage formats such as tablets and capsules. The market is projected to rise at a CAGR of approximately 4% through the end of 2031.

Key Takeaways from Deblistering Machines Market

Automatic deblistering machines are projected account for more than 70% of the overall market share driven by higher operational speed.
40 to 80 BPM machines will remain dominant in the market, while the over 80 BPM machines are estimated to reflect faster growth with an incremental opportunity of US$ ~ 24.3 Mn.
With the frequent use of deblistering machines in the pharma sector, the U.S. market is expected to expand by more than1.5 times.
Manufacturers are capitalizing on opportunities across lucrative markets such as India and China.
Expansion of healthcare sector will spur y-o-y growth in the U.K. at 2.8% in 2021.

“The rise in production of medicinal drugs, especially those requiring oral dosages such as tablets and capsules has created lucrative opportunities for deblistering machine manufacturers to maximize their sales. Rising emphasis on safe and secure removal of medicinal tablets and capsules with high-precision deblistering processes is anticipated to redefine the market growth,” says FMI analyst.

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Launch of Technologically Advanced Deblistering Machines Augment Sales

Deblistering machines are widely considered as the most efficient way of deblistering the tablet and capsules from blisters, owing to minimal error rates, easy and safe removal of drugs, with exceptional deblistering speed. In recent years, the popularity of deblistering machines has touched new heights on the back of its ability to deblister a variety of blister card types.

Technological advancement associated with deblistering machines is one of the pivotal factors that fuels the demand for deblistering machines in the market. Additional key benefits of deblistering machines such as automatic feed and user interface with fault indicators, heavy-duty design, variable speed as per blister speed, and several others attract a substantial portion of manufacturers in the market.

Furthermore, manufacturers from the pharmaceutical sector are aggressively automating their production processes to reduce labor costs. This growing adoption of automated deblistering machines from the manufacturers is likely to strengthen market growth during the foreseeable future.

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Impact of COVID-19 on Deblistering Machines Market

The global crisis of the COVID-19 pandemic has had a moderate impact on the sales of deblistering machines in the global market. Lack of supply in terms of raw components owing to restrictions on manufacturing activities has halted the short-term growth.

Lockdown in prominent regions such as Europe, South & East Asia, and North America has induced considerable impact on the manufacturing of deblistering machines. Besides this, the pandemic has created a massive demand for oral dosage form drugs including tablets and capsules.

Rising demand for these blister pack medicinal drugs is generating demand for existing inventories of deblistering machines from varying end-users such as clinical trial labs, pharmaceutical companies, and packaging centers. This factor is likely to induce a positive impact on sales of deblistering machines. On a broader level, the COVID-19 has a mixed impact on the demand and sales of deblistering machines during the pandemic period.

Deblistering Machines Market Landscape

Omnicell, Inc, Uhlmann Pac-Systeme GmbH & Co. KG, ACG Worldwide Private Limited are the top players operating in the deblistering machines market. Furthermore, RBP Bauer GmbH, Jornen Machinery Co., Ltd, Sepha Limited, Stripfoil Deblistering Technology, Elmach Packages India Pvt. Ltd are also the noticeable players in the deblistering machines market.

The Tier 3 players in the market hold 65-70% in the global deblistering machines market. In conclusion, key players contribute almost 30-35% of the global market. Leading players in the industry are increasingly focused on investments into product development to expand portfolios, consolidating overall market position.

The Thermoformed Containers Market Is Projected To Grow At 4% Volume CAGR Through 2027

“As an efficient, durable and safer mode of packaging, thermoformed containers have penetrated in a wide range of applications ranging from consumer goods to medical packaging”

Thermoformed container sales surpassed 185 billion units in 2018, equaling a market value worth US$ 15.9 billion. FMI’s new study forecasts that the thermoformed containers market volume sales will grow at 3.7% in 2019. The projected growth of the thermoformed containers market can be attributed to,

An extensive penetration of thermoforming material in daily applications
Developments in thermoforming container manufacturing technology, particularly the implementation of 3D printing tools
Initiatives of manufacturers as well as national governments towards recycling of thermoforming materials
Introduction of easily recyclable, more effective and application-specific thermoforming containers

“As an efficient, durable and safer mode of packaging, thermoformed containers have penetrated in a wide range of applications ranging from consumer goods to medical packaging. With the advent of 3D printing tools, manufacturing capacities of thermoforming are set to expand in the future. And on the back of increased efforts in recycling, thermoformed containers are likely to observe steady growth prospects in the coming years wherein volume sales are expected to reach 191 billion units in 2019, totaling revenues worth US$ 16.6 billion,” says FMI.

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Thermoformed Trays and Lids Segment Lucrative, Blisters are Top Selling

The study finds that trays and lids continue to garner greater revenues while blisters remain top-selling product and held one-third of the global sales in 2018. Thermoformed trays and lids accounted for over one-fifth of the sales and remained the most lucrative segment.

Increased use of blister packaging has led manufacturers to introduce various innovations in the form of enhanced protective features, production and technology integration and sustainability. In particular, pharmaceutical packaging manufacturers are leveraging these innovations in the blister packaging to meet the evolving expectations of stakeholders while maintaining a good profit margin.

Thermoformed trays and lids are highly embraced by end-users owing to their versatility in design manufacturing and customization for brand marketing. Also, efficient sealable feature combined with effective resealing extends the application scope of thermoformed trays and lids across end-user industries ranging from food to pharma.

Over 3 in 10 Thermoformed Containers Sold in 2018 were of Polyenthylene

The study finds that polyethylene thermoformed containers accounted for over one-third volume sold in 2018. Polypropylene remains the second most preferred material and accounted for over one-fifth share of the total thermoformed containers sold in 2018.

Polyethylene fits well in the packaging industry’s trending material features such as light-weight and strength. High density polyethylene (HDPE) is one of the highly dependable material among different polymers used across thermoforming container applications. Along with rigidity, polyethylene provides resistance to stains, odors and moisture- characteristics that are highly embraced across industrial applications.

Well aware of polyethylene’s popularity, manufacturers provide a number of options with respect to shape, color, size and thickness, implying its widespread adoption.

4 in 10 Thermoformed Containers Sold to Food and Beverage Industry in 2018

The study reveals that the food and beverage industry continues to register increasing demand for thermoformed containers and accounted for 40% sales in 2018. Growing demand for canned and packaged food on the back of changing lifestyles and urbanization is contributing to the sales of thermoformed containers in the food and beverage industry. A trend of ready-to-eat food and a growing emphasis on hygienic packaging further increases demand for thermoformed containers in the F&B sector.

Sales in the pharmaceutical industry remained the second largest, accounting for 3 in 10 thermoformed containers’ sales in 2018. Blisters are the highly embraced packaging products, especially for medicines whose sales have increased exponentially over the past few years.

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Thermoformed Containers Sales Spearheaded by APEJ

The FMI study opines that APEJ spearheads the thermoformed container consumption. In 2018, the region accounted for over one-third of the global volume sales with China at the helm of thermoformed container sales in APEJ. The region presents lucrative opportunities for manufacturers with the availability of raw materials, low-cost labor and significant demand for thermoformed packaging from end-use applications. Also, investments in food and beverage as well as pharmaceutical packaging is increasing with the expanding middle class and improving economic scenario.

The FMI report tracks the thermoformed containers market for the period 2019-2027. According to the report, the thermoformed containers market is projected to grow at 4% volume CAGR through 2027.

About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help

QR Code Labels Manufacturers to Witness Robust Revenue Growth as Applicability Extends to Seafood & Premium Spirit Packages

“Exploring a broader application in the food and beverages industry that accounts for a substantial revenue share in QR code labels market, the QR code labels efficiently link consumers to the product authentication information, which is otherwise a challenge in case of labels that are limited by the lack of space availability”

Equally significant as packaging, product labeling has also emerged as an extremely important factor influencing the purchasing behavior of consumers. The 2D nature and machine (mobile device) readability of QR code labels continue to highlight their robust potential in terms of adoption. Apart from food and beverages, healthcare, pharmaceuticals, and personal care industries have been adapted to the paradigm shift of barcode-to-QR code, in recent past.

Increasing criticality of addressing serious industrial consequences of products and label counterfeiting is compelling operators in the various industrial domains to embed QR code labels over the conventional counterpart, i.e. barcode.

Exploring a broader application in the food and beverages industry that accounts for a substantial revenue share in QR code labels market, the QR code labels efficiently link consumers to the product authentication information, which is otherwise a challenge in case of labels that are limited by the lack of space availability.

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Top Trends Shaping Strategic Activities of QR Code Labels Manufacturers –

Waterproof QR code labels
QR code labels specifically designed for packaged seafood products
Mass integration of QR code labels on
beverages by wholesale and retail distributors

A majority of established companies manufacturing QR code labels are shifting their focus to waterproof QR code labels that efficiently withstand harsh weather conditions. Growing incorporation of QR code labels in seafood products and liquor bottles marks another strong trend in the QR code labels landscape, observed in recent years.

Russian wholesalers and retailers dealing in alcholic beverages have commenced mass QR code labelling for all liquor bottles, as a brand new effort to adapt to their electronic tracking and monitoring systems. While this trend is now also applicable for both premium spirit and beer, it is likely to enable Russian alchol industry to maintain a track of export, import, and sales, in addition to production, distribution, and sales.

Australia based QR code labels manufacturers have been investing efforts in tracking seafood and meat products through the transit and thereby allow consumers to remain informed of products’ history and current status.

In a recently released intelligence outlook, Future Market Insights forecasts a strong growth outlook for global QR code labels marketplace over next few years. Superior functional attributes of QR code labels over conventional barcodes will remain the primary booster for manufacturers of the former in global landscape.

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Enjoying extensive applicability in security, inventory management, mobile payment, and marketing & advertisement, QR code labels will reportedly continue to gain higher traction owing to high storage capability for text, URLs, webpages, and contact information. Up to 30% damage tolerating ability is also cited as an important factor pushing adoption of QR code labels across industries.

Key Insights Drawn from Report –

Pressure-sensitive QR code labels remain an attractive segment, globally, across multiple industrial verticals.
Adoption across the F&B industry estimated to gather momentum, boosting sales of QR code labels in the near future.
Anti-counterfeiting applications are projected to uplift sales of QR code labels in automotive sector.
Soaring smartphone sales and the thriving retail sector are indirectly (positively) impacting the QR code labels landscape.
China, with nearly 40% value share in Asia Pacific market, remains the revenue growth engine for regional QR code labels marketplace.
North America’s market for QR code labels is slated to demonstrate exceptional growth in the revenue, in coming years.
Globally and regionally leading QR code labels manufacturers are likely to eye lucrative investment pockets across Asia Pacific, and Middle East & Africa.

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The report by FMI has covered deep dive profiles of some of the key players active in QR code labels marketplace, including Lintec Corporation, Hibiscus PLC, CCL Industries, Label Logic, Inc., Packtica SDN Bhd, Advanced Labels NW, Data Label Co. UK., Coast Label Company, Consolidated Label & Co., and Label Impressions Inc.

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Pulp Moulding Machines Market is projected to expand at a CAGR of ~ 3.6% during the forecast period of 2021-2031

“Global market valuation of pulp moulding machines is expected to surpass US$ 692 Mn by 2021,” reveals the recent research study by Future Market Insight (FMI). According to the report, the pulp moulding machines market is projected to expand at a CAGR of ~ 3.6% during the forecast period of 2021-2031”

According to FMI’s report, increased adoption of sustainable materials in food & consumer goods packaging is expected to gain momentum for moulded pulp containers and allied products.

Sales of advanced pulp moulding machines are projected to increase with rising demand for single-use sustainable packaging products. The need for automation, improved efficiency, and lower energy consumption in manufacturing of packaging products is leading end users to adopt more advanced pulp molding machines.

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In order to satisfy the evolving customer demand for better performing machinery at reasonable prices, manufacturers are adopting the strategy of up-gradation and optimization. Pulp moulding machine manufacturers are actively focusing on quality improvement of their products and energy optimization in production. The European pulp moulding machine manufacturers are at the forefront in research & development activities.

Rotary machines with automatic features are expected to be highly attractive pulp moulding machines during the forecast period. As small & medium scale end users adopt pulp molding machines, sales of semi-automatic pulp moulding machines are estimated to grow at an impressive rate during the forecast period.

The pulp moulding machine with 1,501-3,500 units/hr. capacity is likely to gain momentum in the global pulp moulding machines market, owing to affordability and efficiency.

The rising demand for molded pulp trays from the food & beverages industry is expected to boost the demand for tray pulp moulding machines. Fruit & egg packaging is estimated to be the leading end-use application of pulp moulding machines in 2021.

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South & East Asia Remains the Main Growth Engine for Pulp Moulding Machines

The gigantic food industry in South & East Asia is offering a lucrative sales opportunity for moulded pulp packaging products. Additionally, factors such as rising consumer awareness of sustainable products, expansion of retail distribution, and global food chains entering the market are significantly contributing to the pulp moulding machines market growth.

The food delivery channels are gaining traction in the Asia Pacific region, which also provides high market growth to the food packaging industry. The overall development of the food industry in the Asia Pacific region is expected to provide an impressive growth to the pulp moulding machines market during 2021-2031.

According to the study, environmental, social, and economic concerns have resulted in a growing demand for sustainable packaging products including trays, containers, cups & bowls, plates, and others. Thus, the global moulded fiber packaging market is expected to experience significant growth during the forecast period.

The global retail sector is showing strong performance across the globe. Also, rising concerns of single-use plastic among consumers is likely to create a massive opportunity for stakeholders active in the global pulp moulding machines market during the forecast period.

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South & East Asia Remains the Main Growth Engin

FMI’s business intelligence also highlights significant insights into the competitive scenario of the pulp moulding machines market along with manufacturers’ differential strategies. Key players in the pulp moulding machines market are focusing on after-sales services and efficiency enhancement to gain popularity among end users.

For example, BeSure Technology Co., Ltd is strongly focusing on research and development activities to improve the performance of its machines. To achieve the same, the company established a research and development center in Europe to become an international company with China-Europe technical co-operation.

According to FMI’s report, manufacturers are also concentrating on the expansion of businesses in the developing markets and partnering with new value chain participants to achieve sales growth.

This study underlines key opportunities in the pulp moulding machines market and finds that the market is projected to exhibit growth at a value CAGR of 3.6% during the forecast period. For in-depth information of the pulp moulding machines market, write into the analyst at press@futuremarketinsights.com

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Vaccine Ampoules Market Overview, Dynamics, Regional Outlook, Key Players 2021 – 2031

“Vaccine ampoules are best suited for single-doses, and are widely used to preserve and store medicinal liquids which are deployed in a range of pharmaceutical applications and are also used to add shelf life of the chemical contained”

Vaccine Ampoules Market Overview

Consistent advancements in the technology and increasing demand of medications in pharmaceuticals and healthcare industries have resulted into the surge of packaging of chemicals and medicines. Ampoules are used to store medicated fluids in a defined proportion in order to resist it from getting contaminated.

Vaccine ampoules are best suited for single-doses, and are widely used to preserve and store medicinal liquids which are deployed in a range of pharmaceutical applications and are also used to add shelf life of the chemical contained.

The vaccine ampoules market is witnessing a significant growth particularly in glass material, because inorganic nature of glass makes these ampoules highly resistant to chemicals and other reactive substances. Furthermore, as the vaccine ampoules are available in a variety of sizes depending upon the drug delivery measurement, the demand of the vaccine ampoules in the market will continue to increase.

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Presently, there are several players which are operating in the vaccine ampoules market, producing customized vaccine ampoules to cater to the increasing demand from different end-use industries, giving manufacturers a good opportunity to enter the market.

Vaccine Ampoules Market: Dynamics

To stop the spread of Coronavirus disease and the need for immunization has created a huge demand for the vaccine ampoules in the pharmaceutical segment. The vaccine ampoules are usually opened by snapping off the neck and are hermetically sealed by melting the thin top with flame.

The space provided above the chemical or drug may be filled with an inert gas before sealing. Vaccine ampoules are often made up of glass which can be customizes and an option for ceramic printing is also available over them.

The increasing effectiveness of reducing the plastic waste which is generated from the chemical and pharmaceutical industries has led companies to adopt a safe and economical packaging solution. Therefore, vaccine ampoules made up of glass have gathered preference over that made up of plastic, amongst various end use industries.

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To enhance the functionalities, technological innovations taking place amongst various vaccine ampoules manufacturing companies such as increasing the production capabilities by launching a technology of high-speed filling lines and using Teflon glass which offer non-breakable properties.

Other participants in the vaccine ampoule market are developing ampoules with high stability dimensional qualities by leveraging the progress in the latest filling line technology. Furthermore, the increasing prominence of single dose parenteral medication over the multi dose has created new opportunities for the vaccine ampoules in the pharmaceutical segment.

Vaccine Ampoules Market: Regional Outlook

The vaccine ampoules market is very popular in the North America region. The USA has many laboratories and pharmaceutical industries which majorly uses the vaccine ampoules for storing various chemicals and medications.

On the other hand, Asia Pacific region may witness a significant growth due to developing economies such as India and China which have an exceptional growth in a pharmaceuticals market. Followed by these regions, Europe is also expected to witness high growth in the vaccine ampoules market due to advisory and regulatory bodies overseeing the quality and safety of the vaccine.

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The vaccine ampoules market growth is impacted in the regions such as Latin America and Middle East and Africa, as the countries of these regions are proactively working to reduce the counterfeit medicine, vaccines, and drugs from reaching the consumers. Also, the governments across developing countries and industrializes areas, and pooled procurement agencies are some of the leading entities that are responsible for driving the vaccine ampoules market.

Vaccine Ampoules Market: Key Players

The vaccine ampoules market is highly competitive in nature, holding to the existence of leading players. The contenders who are steering in the vaccine ampoules market are as follows –

Gerresheimer AG
Nipro PharmaPackaging International
Pharma-Glas GmbH
Piramida d.o.o.
SCHOTT AG
SGD S.A.
Shandong Pharmaceutical Glass Co. Ltd.
Sm Pack SpA
Stevanato Group S.p.A.
Tecnoglas S.A
Tvornica Farmaceutske AmbalaÅ¾e
Crestani S.R.L.
Birgi Mefar Group
AAPL Solutions
Zhengchuan Pharmaceutical Packaging

The vaccine ampoules market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participant across the value chain.

The report on vaccine ampoules market provide in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies of the vaccine ampoules market.

The Regional analysis includes

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

Food & Beverage Industry to Witness Increased Application of Active, Smart, and Intelligent Packaging to Increase Product Shelf Life and Protect Product Quality

The global packaging industry has witnessed rapid innovations in the last few years owing to rising consumer preferences for advanced packaging solutions. To cater to frequently changing consumer expectations, manufacturers of packaging products are deploying active, smart, and intelligent packaging solutions to increase product shelf life and offer better value to consumers.

In a new report titled ‘Active, Smart, and Intelligent Packaging Market: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2027),’ Future Market Insights studies the global active, smart, and intelligent packaging market and presents value and volume projections for a 10 year period from 2017 to 2027. The report also presents in-depth insights on the various forces likely to impact market revenue growth in the coming decade.

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According to the report, the global active, smart, and intelligent packaging market is estimated to be valued at US$ 18,072.6 Mn in 2017 and this is expected to increase to US$ 43,361.3 Mn by the end of 2027, growing at a CAGR of 9.1% over the forecast period.

Global Active, Smart, and Intelligent Packaging Market: Dynamics

Growth fuelling aspects: Increasing consumer preference for products with longer shelf life and case-ready meals, significant changes in consumer preferences, and a highly regulated and controlled packaging industry is anticipated to boost revenue growth of the global active, smart, and intelligent packaging market.

Revenue inhibiting factors: Strict compliance with stringent packaging laws, absence of appropriate technology, a no ‘positive list’ system, lack of key regulations, and heavy dependence on imports is expected to stifle global market revenue growth over the forecast period.

Future market trends: Increasing mergers and acquisitions, especially in the North America market, introduction of inks capable of responding to temperature changes, and the use of active, smart, and intelligent packaging to tackle the issue of counterfeits is currently trending the global market.

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Global Active, Smart, and Intelligent Packaging Market: Forecast by Packaging Type

The global market for active, smart, and intelligent packaging is segmented on the basis of packaging type into Active Packaging (O2 Scavenging Sachets, MAP) and Smart & Intelligent Packaging (TTI Labels, Freshness Indicators, RFID Tags). The Active Packaging segment is expected to grow by almost 2X times over the forecast period, with an estimated value share of more than 65% by the end of 2027. This segment is expected to represent the highest incremental opportunity of US$ 17,111.9 Mn over the forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Application

The global active, smart, and intelligent packaging market is segmented on the basis of application into Food & Beverage (Meat, Poultry & Seafood, Fruits & Vegetables, Dairy Products, Bakery & Confectionary, Processed Food, Others), Pharmaceuticals, Cosmetics, and Others. The Food & Beverage segment is expected to be the largest, with an estimated market share of just under 45% by the end of the forecast period in 2027. The Food & Beverage segment is expected to expand by 2.5X times by the end of forecast period.

Global Active, Smart, and Intelligent Packaging Market: Forecast by Region

The global active, smart, and intelligent packaging market is distributed across the key geographies of North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America and Western Europe currently lead the global market in terms of market share, both regions holding about 25% value share each of the global market as on date.

However, North America is expected to beat Western Europe towards the close of 2027 with a market share of just under 26%, while Western Europe will account for 21% value share by the end of the forecast period. APEJ is likely to emerge a surprise contender for second position in the global market by the end of 2027, closely behind Western Europe. The APEJ regional market will witness a massive increase of 550 basis points in market share in 2027 over 2017.

Global Active, Smart, and Intelligent Packaging Market: Competitive Intelligence

The report profiles some of the leading players in the global active, smart, and intelligent packaging market the likes of PakSense, Inc., Landec Corporation, Sealed Air Corporation, Bemis Company, Inc., Crown Holdings, Inc., Amcor Limited, 3M Company, Timestrip UK Ltd., Cryolog S.A., Vitsab International AB, Varcode, Ltd., LCR Hallcrest LLC, Thin Film Electronics ASA, CCL Industries Inc., Temptime Corporation, Multisorb Technologies, Inc., and Coveris Holdings S.A.

For more interesting insights on the global active, smart, and intelligent packaging market, Future Market Insights analysts can be reached at press@futuremarketinsights.com

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Cup Holder Market Healthy Pace throughout the Forecast during 2021 – 2031

Cup Holder Market Overview

Modernization has transformed technology and quality of living throughout the globe. Cup holders are the most recent advancements used in all spheres of life due to the increasing consumption of beverages, in recent times. The significance of cup holders is to provide a safe place for holding beverages be it taking a drink from a taking away restaurant or spill-free technology introduced in automobiles for difficult roads and speed. They are made from different materials like metal, paper, plastic or glass.

Consumption of beverages are rising at a faster pace and so the human’s tendencies for carrying them with ease, be it industrial or household many companies and outlets require cup holders to satisfy the needs of their customers. Another advancement along with spill-free holders in cars is the temperature control automotive holder which can keep the beverage hot or cold as per the requirement. On a higher level, the market of cup holders is conceived to be promising.

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What Drives the Growth of Cup Holder Market?

Industrial giants such as food and automobiles are booming to such an extent that the demand for cup holders as a raw material or as a processed product is exponentially increasing too. The market is driven by customization, comfort and outer appearance which allures the consumers.

Each day services such as Indian Zomato are flooding the market with fast and safe food deliveries, consumers are expecting their automobiles to have amenities that hold their beverages without spilling off on high-speed chases. Designers are making the cup folders as attractive as possible. Companies are also providing customers with the best experience and comfort by introducing temperature adjustable for hot or cold beverages.

Consumerization and a higher standard of living have altered the mindset of the general public as more and more people now want comfort, stylish and safe cup holders in their life.

What Restraints the growth of the Cup Holder Market?

The restraints that could obstruct the development of the market is the cost of materials used such as glass, paper, plastic, metal and others will directly affect the manufacturing cost of the cup holders which will create a price surge in the market.

The industry needs to take into consideration about different requirements of various sections and providing them with a standard that does not hinder the image of the company using the cup holders as in a manner that the product can be safely be stored in for a longer time in the holder and do not cause spilling over long use, disrupting the user’s lifestyle in any manner possible.

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While if we see major companies such as Bugatti and Ferrari not introducing any cup holders in their cars, as for them at such volatile rush of adrenaline and that speed, driver’s concentration need to be focused on wheels and not on the luxuries of cup holders, so they didn’t introduce them in their vehicles.

How will Urbanization and Changing Lifestyle will impact the Cup Holder Market?

With the onset of urbanization, the income slab of consumers is increasing, this is directly proportional to the rise in consumption as well as the requirement of more refined product. The sale of beverages is increasing due to consumer’s hectic lifestyle.

As the demand for beverages increases, there is a boost in the usage of cup holders for the industry and this will exponentially boost the sale for the market. Every house is getting modern and so their needs for comfort and hygiene, these all factors combined will raise the demand for this market.

What will be the Impact of New Innovations on the Cup Holder Market?

The increase in the price of raw materials and a rise in demand for new models which are sustainable, economical and efficient will drive the market towards innovations in the sector. Eco-friendly holders which are strong and can handle spillage or automotive cup holders which provide a user with ease of operation will drive the spike in sales for the market. With such demand, new players are bound to enter the market and regale the urging that would timely accelerate market growth.

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Competitive Landscape

Key players are

OEM manufacturers
Robeck Fluid Power Co.
AMTEC
JVISUSA LLC
Pioneer Corporation
Covercraft Industries
Maksimatic
Bell Automotive products
Kinequip Inc.
Custom Accessories
Bracketron
Ningbo Beixuan International Trading Co., Ltd.
Whitecap Industries, Inc.
Kinter (K International, Inc.)
Landes Inc.
Dorman
Others

The fierce competition in the cup holder market is shooting up in the sky due to large demand along with a wholesome of suppliers in the industry, thus the competition is fragmented.

In conclusion, it can be said that the cup holder market is promising in its nature itself, the market is set to increase in the anticipated future, with notable reckoning profits in the times to come.

What Strategies are the Key Players Adopting for Increasing their Share in the Cup Holder Market?

The classification of competition in the cup holder market is disintegrated and there is a presence of a large number of players in the market. Different companies embrace competitive and ever-evolving strategies to succour in the market and stay ahead of others.

The ever-rising demand encourages them to be innovative and economical to stand out from the competition and make themselves different from the competition. Here, is the strategy adopted by the automobile industry;

With the introduction of temperature control cup holders, everyone buying a new automobile wants this new feature as it keeps the beverage hot or cold as per the requirement.
The 360-degree spin technology has been a boon for people who are speed enthusiasts and want no hindrance while driving, let alone the issue of spillage.

Why will the Asia-Pacific Region Generate the Demand for Cup Holder Market?

The Asia-Pacific has a large demand for the cup holder market, as well as for beverages due to the development of lifestyle and increase in the standard of living. This will create a demand for cup holder due to the increase in usage by the consumer in the industry as well as the common man.

The income of families in developing nations are rising, people are moving from the countryside to the hustle and busy lives of the cities which directly impacts the consumption rate. As people are now growingly demanding the new styles and inclined towards more comfort while carting their beverages, thus increasing the demand which will inevitably raise the demand for a cup holder.

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How has COVID-19 Impacted the Growth of the Cup Holder Market?

The impact of the COVID-19 pandemic had a positive as well as negative impact on the cup holder market. While the sales of beverages for home deliveries increased in this period directly increasing demand for the cup holder market, but for the automotive market production stopped due to low or no sale in many regions due to the lockdown in these tough times.

At the initial phase of lockdown, the supply chain for the cup holder market was disrupted due to an exponential increase in the cases caused due to pandemic, but with the onset of time and government strategies to provide requirements started the market once again and gradually the sales sky-rocketed.

Key Segments of Cup Holder Market Covered in the Report

Based on the Raw Material:

Paper
Plastic
Metal

Based on the Number of Cups:

Single Cup
2 Cups
4 Cups
4 and above

Based on the End-Use Industry:

Food & Beverage
- Restaurants
  - Full service restaurants
  - Quick service restaurants
  - Catering Services
  - Others (Café, Pub, Bar, etc.)
- Online Food Delivery
Others (Hospitals, Schools, offices, etc.)

Based on the Region:

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