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Organic cocoa market overview 2022-2030, Global Growth Analysis, Dynamics, Upcoming Trends, Major Manufacturers, Opportunity and Forecasts

Cocoa is one of the most widely used raw materials in the food and beverage industry. It’s a rich source of polyphenol, an antioxidant that helps lower blood pressure and prevents inflammation. Cocoa is the only material used in the production of dark chocolates. Reports have shown that the consumption of chocolates has many health benefits attributed to it. Chocolates help lower heart diseases and provide some nutritional content needed for the growth and development of the body.

The rising awareness among consumers of the health benefits of chocolate consumption is the main force fueling the growth of the organic cocoa market globally. Cocoa finds application in the pharmaceutical industry to do its antibacterial and anti-enzymatic properties, enhancing oral health. Increasing demand for coca from the food and beverage industry is slated to propel the industry over the forecast period. Besides, the increasing application of cocoa in other end-user sectors, such as the cosmetic industry and pharmaceutical industry, is projected to foster the industry’s growth during the forecast period. The global organic cocoa market is expected to record a healthy CAGR over the foreseeable period.

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Organic Cocoa Market Growth Driven by Broader Shift toward Healthy

The demand for organic coca is increasing exponentially as consumers’ population is growing significantly. Developing nations such as China, Korea, India, and Japan with emerging economies are increasing the disposable income of individuals, which will augment the demand for cocoa products globally.

Consumers’ preference for quality products with high nutritional value is a strong force in improving cocoa sales. The food and beverage industry is augmenting the demand for cocoa since it is the primary product used in the production of chocolate. Consumers’ positive perception regarding the consumption of chocolate fosters the rise in demand for cocoa from the food and beverage industry.

Furthermore, the diversity in the application of cocoa in several end-user sectors is expected to fuel the growth of the organic cocoa market. The pharmaceutical industry employs cocoa services in the production of dental products needed to enhance oral health. The personal care industry also uses organic cocoa to manufacture skincare products because of consumers’ increasing demand for skincare products processed with natural ingredients. Increasing manufacturers’ focus on new products that will attract consumers towards the consumption of organic cocoa products is slated to accelerate the growth of the industry during the forecast period.

Organic Cocoa Market: Region-wise Analysis

North America will dominate the global organic cocoa market due to the growing population size of individuals consuming cocoa products. The United States is the primary market for organic cocoa in North America.

The US is expected to generate about half of the total revenue incurred during the forecast period and aftermath. Besides, the growing demand for cocoa in cosmetics and personal care products is expected to fuel organic cocoa market growth. The Asia Pacific is expected to be the fastest-growing market due to the rise in demand for cocoa from the food and beverage industry.

Furthermore, consumers’ changing lifestyles and increasing awareness regarding the health benefits of cocoa are projected to augment the demand for organic cocoa globally. Other regions are anticipated to record steady growth during the forecast period due to the increasing demand for organic products from the personal care industry.

Organic Cocoa Market: Competitive Landscape

Kraft Foods Inc.
Cargill Incorporated
Tradin Organic Agriculture B.V.
Ciranda, Blommer Chocolate Company
Artisan Confections Company
PASCHA Company
InterNatural Foods LLC
Wilmor Publishing Corp.

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 Organic Cocoa Market Segment Analysis

The global organic cocoa market can be segmented on the following basis:

By Type

Cocoa Butter
Cocoa Liquor
Cocoa Powder

By Application

Food and Beverages
Personal Care
Bakery and Confectionery
Dairy & Frozen Foods
Sweet & Savory Snacks
Dips. Sauces and Dressing
Others
Pharmaceuticals

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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Soft Drinks Concentrate Market Overview, Upcoming Trends, Industry Share, Global Growth, Segmentation, Development Strategies and Forecast to 2022-2030

Soft drinks are beverages containing distilled water, sweetening agents, and flavoring agents. The sweetening agent used may be sugar, sweetener, high-fructose corn syrup, or any other sweet enhancing substance. Soft drinks may contain caffeine, coloring agents, preservatives, and other additives depending on the type the manufacturing industry is trying to produce. For instance, a coloring agent is added to Coca-Cola’s coke to give it the dark color seen.

Water accounts for about 80% of the entire content in soft drinks. The water used raises the weight of soft drinks, thereby causing an increase in transportation cost. To avoid or reduce this expense problem, the ingredients used in producing soft drinks are processed into concentrates.

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Soft drinks concentrate on sugar, coloring agent, flavors, and maybe stabilizer or fruit concentrates with a little amount of purified water. In the food and beverage industry, the global soft drinks concentrate market has grown significantly due to the ease of operation and availability of soft drinks varieties. As the trend towards the consumption of convenience food increases, the soft drinks concentrate market will witness tremendous growth during the forecast period and beyond

Soft Drinks Concentrate Market Growth Driver

As the population size of consumers increases, the global soft drinks market expands. This is the primary factor fueling the growth of the industry. Consumers’ preference for quality food products with high nutritional value has spurred the market growth. Key players in the industry are focusing on innovative products that attract consumers toward the consumption of their products, and this is expected to improve the sales of soft drinks globally.

The increasing variety of soft drinks concentrate has fostered the acceleration in the growth of the market. The soft drinks market is driven by consumers’ demand for processed food products without giving regards to the taste or nutritional value contained in the product. In addition, growing consumers’ awareness of the health benefits associated with soft drinks, concentrates, has further fostered the growth of the market. This is slated to continue over the forecast period.

Furthermore, changing consumers’ lifestyles, coupled with increasing demand in the food and beverage sector, has augmented the global market demand. The rise in the number of consumers has significantly impacted the growth of the soft drinks concentrate market.

With the rise in consumers’ demand for healthy food products, the global soft drinks concentrate market is expected to witness significant growth during the forecast period. Increasing the per capita income of people in developed and developing countries is also slated to augment the demand for beverages. This will accelerate the growth of the global soft drinks concentration market over the foreseeable period.

Soft Drinks Concentrate Market Restraint

Since soft drink concentrate contains caffeine, increasing awareness among consumers regarding the negative impact of caffeine products is expected to hamper the market’s growth. Consumers might have to switch to the consumption of non-coke concentrates, which will foster the decline in the growth of the global soft drink concentrate market.

Soft Drinks Concentrate Market: Region-wise Analysis

Geographically, Europe dominates the global soft drinks concentrate market due to the rising population of consumers within the region. Germany is the major contributor in terms of market volume in Europe. The Asia Pacific is predicted to be the fastest-growing region for the global soft drinks market with countries like China, India, Japan, and Korea acting as growth drivers. Increasing disposable income of consumers in these countries is expected to facilitate the growth of the industry in this region.

Soft Drinks Concentrate Market: Competitive Landscape

Beverage Corp.
PepsiCo Inc.
the Coca-Cola Company
Cott Corporation
Dohler Group
Kraft Foods
Dr Pepper Snapple Group, Inc

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

Global Soft Drinks Concentrate Market Segment Analysis

The global soft drinks concentrate market can be segmented on the following basis:

By Application

Carbonated:
Cola
Non-Cola
Non-Carbonated:
Grape
Pineapple
Grapefruit
Orange
Apple
Mixed
Mango

By End User

Food Service
Fountain Machine
Mass Merchandise

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Ice Cream and Frozen Dessert Market Overview Analysis with Competitive Landscape, Dynamics, Industry Segment, Share, Qualitative Insights, Growth Factor and Forecast to 2022-2030

Ice cream and frozen dessert are food products from the frozen food industry. They are consumed after a meal or served as a refreshment between meal courses. Ice cream and frozen desserts are composed of milk and cream combined with fruit and flavors, making it pleasing to the consumer. The growing trend of the consumption of ice cream and frozen dessert after a meal as a digestive product fuels the growth of the global ice cream and frozen dessert market. Another factor influencing the industry’s growth is the surge in demand for ice cream and frozen yogurt.

Both kids and adults are on the rise for these tasty frozen food products because of the nutritional value obtained from their consumption. The global ice cream and frozen dessert market are expected to witness significant growth over the forecast period due to the rise in disposable income and the growing population size of individuals consuming frozen desserts globally. However, the market is slated to witness a decline in growth due to the increasing health concerns among consumers. Consumers are on the watch for products with low-calorie content with healthy befitting properties.

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Ice Cream and Frozen Dessert Market Growth Driven by Consumers’ Changing Lifestyle

Ice cream and frozen dessert are classified as a ready-to-eat meal or convenience food that can be consumed anywhere and anytime. The present-day consumers are involved in a busy lifestyle, which doesn’t allow them to prepare food. Thus, they are ready to spend on ice cream and frozen desserts. Besides, the rise in consumption of yogurt and ice cream among consumers is another factor facilitating the global growth of the market. The global ice cream and frozen dessert market are slated to witness robust growth over the forecast period.

Availability at Retail Stores

The retail store is one of the most significant growth boosters for the ice cream and frozen dessert market. Ice cream and frozen dessert are readily available at various retail stores worldwide. Consumers find it easy to walk into a retail store to get frozen dessert, and this is expected to foster the growth of the market over the forecast period. Retail stores such as hypermarkets, supermarkets, convenience stores, and many more sell ice cream and frozen dessert products in bulk.

Ice Cream and Frozen Dessert Market Restraint

The global ice cream and frozen dessert market is not without its challenges. Major factors such as flavor, and fat content contained in ice cream and frozen dessert are expected to restrain the market’s growth over the forecast period.

Ice Cream and Frozen Dessert Market: Region-wise Analysis

North America is slated to dominate the global ice cream and frozen dessert market in terms of total revenue and market volume, followed by Europe. However, these regions are projected to become nascent with steady growth in the nearest future. As key players focus on innovative products such as new variants in flavor and low fat/calorie products, the market is predicted to register significant growth over the forecast period.

The Asia Pacific will register substantial growth during the forecast period with developing nations such as Chine and Japan acting as growth drivers. Increasing consumption of flavored yogurt in China, Japan, and India is projected to fuel the global ice cream and frozen dessert market in the Asia Pacific region during the forecast period.

Ice Cream and Frozen Dessert Market: Competitive Landscape

Baskin-Robbins
Nestle SA
Unilever
Danone Groupe SA
Ben & Jerry’s Homemade Holdings Inc.
Cielo USA
Kraft Foods Group Inc.

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

Global Ice Cream and Frozen Dessert Market Segment Analysis

The global ice cream and frozen dessert market can be segmented on the following basis:

By Type

Frozen Yogurt
Frozen Cakes
Ice Cream
Others

By Distribution Channel

Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Others

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Cold Flow Improvers Market is expected to reach US$ 1,544 Mn by the end of 2027, FMI

While FMI in a recent intelligence report on cold flow improver market scenario offers an exhaustive market value and volume-wise evaluation through 2027, it thoroughly examines the regional and competitive outlook of the cold flow improver landscape for deeper yet precise insights.

At an estimated year on year revenue growth of 4.6%, cold flow improver is likely to reach over a billion dollar revenue in 2019, according to a new study presented by Future Market Insights. In terms of volume, the global cold flow improver consumption is slated to cross 300,000 tons towards the end of 2019.

Although Europe remains the largest regional market for cold flow improver, supposedly recording the consumption of more than 116,000 tons by the end of 2019, research estimates that North America in terms of value will demonstrate a higher year on year growth of over 5% each year post 2019.

Over US$ 290 Million Projected for Europe’s Automotive Sector in 2019

Automotive, the leading end user of cold flow improver, is likely to reach the revenue in excess of US$ 260 Mn in 2019. Escalating global automotive production and sales is subsequently translating into the growing demand for lubricant additives, and thereby expanding sales of cold flow improvers. “With growing consumer inclination towards premium quality lubricant additives for enhanced engine performance, it is more likely that the sales of cold flow improvers will sustain over coming years,” says a senior market research analyst at FMI. Europe’s share in the automotive segment will remain around 40% over the next few years, signifying its position in the cold flow improver landscape at a global level.

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Polyacrylate Continues to Register Highest Consumption over Other Types of Cold Flow Improver

With more than 31% share of the current revenue contribution by the product type category, polyacrylate (PA) remains the top selling product type, as indicated by the report. The total PA consumption volume in Europe alone will reach beyond 38,000 tons in 2019, followed by that in North America presumably approaching 30,000 tons the same year.

China Positions itself as an Attractive Territory for Cold Flow Improver Suppliers

With the drastically expanding fleet size and the net vehicle parc, China, the global automotive manufacturing hub, is projecting itself as a highly lucrative regional market for automotive and cold flow improver manufacturers. Another strong factors encouraging Chinese market growth include elevating aviation traffic and a tremendously thriving economic scene. Besides the automotive industry, the fleet size of airline owners in China is demonstrating exceptional growth owing to the most favored low-cost business model. While this scenario is directly impacting a wide range of markets related to aircraft fuel and lubricant additives, cold flow improvers remain one of the top beneficiaries.

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Regional Players Make up for 40-45% of the Cold Flow Improver Market Revenue

The global cold flow improver landscape is moderately consolidated, with a large number of Tier 3 players holding a collective market value share within the range of 40-45%. “Following Tier 3 companies are the Tier 1 market leaders accounting for a 30-35% share of the total market revenue,” reports the FMI analyst. While larger players have moderately strong global presence, Tier 3 companies that include a large number of regional and local players have strong regional presence, owing to which the latter account for a considerably larger market value in the cold flow improver landscape.

To cater to evolving regional demands more efficiently, cold flow improver manufacturers are opting for strategic M&A, in addition to joint ventures. The report points to a growing tendency of leading players in cold flow improver landscape to prioritize production capacity expansion. The market is thus witnessing expansion of existing production plants in high demand regions, as well as establishment of new manufacturing plants in high potential regions, in coming years. “Companies are also observed to be taking exclusive efforts towards exploring diverse applications of customized cold flow improvers,” says the analyst.

How Significant is the ‘Bio-based’ Trend in Driving the Production Facility Expansion Strategy?

In a bid to modulate the environmental footprint, a majority of cold flow improver manufacturers are following a trend of using bio-based raw materials. “While adoption of sustainable raw materials such as vegetable oils helps them effectively slash the level of adverse environmental impact, it is more likely to receive additional benefits in terms of cost and performance. Lubricant manufacturers are thus planning production capacity expansion with sustainable raw materials in order to cater to soaring consumer demand,” the FMI analyst explains this trend further. The trend is likely to push capacity expansion efforts of leading manufacturers, driving revenue growth of cold flow improver landscape globally.

Cold Flow Improvers Market Segmentation

Product Type

Polyacrylate
Polyalkyl Methacrylates
Polyalkyl Methacrylates
Ethylene Vinyl Acetate
Others

By End Use

Automotive
Aerospace
Industrial

Region

North America
Latin America
Europe
China
APAC
Middle East and Africa

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Key Players

Some of the players reported in this study on the global cold flow improvers market include BASF SE, Clariant AG, Evonik Industries AG., AkzoNobel N.V., Baker Hughes Inc., Afton Chemical, Bell Performance, Inc., The Lubrizol Corporation, Chevron Corporation, Infineum International Limited and Ecolab. Moreover, manufacturers of cold flow improvers have been channelizing efforts towards strengthening their distributor and retailer network and are focusing on specific regions. This is expected to positively impact the cold flow improvers market in the near future.

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Aircraft Cleaning Chemicals Market is expected to reach a valuation of US$ 3,339.6 Mn in 2029

Sustained by notable increase in number of airlines, coupled with a mounting number of aircraft refurbishment and leasing activities, global sales of aircraft cleaning chemicals will witness a CAGR of 3.4% in the forecast period of 2022 – 2029. A sustainable shift towards bio-based cleaning chemicals is poised to be a prominent trend shaping up the future of global aircraft cleaning chemicals market, suggests a new Future Market Insights (FMI) study.

Bio-based and water-based cleaning chemicals are gaining traction in the market, as these are used to remove hazardous and toxic substances such as trichloroethylene (TCE), perchloroethylene, and other corrosive chemicals from aircraft. Bio-based cleaning chemicals are widely used by both civilian and military aircraft, owing to their non-explosive, low-flammability formulation, which completely eliminates the risk of fire.

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Key Takeaways – Aircraft Cleaning Chemicals Study

The number of air travel passengers is consistently increasing, with the establishment of more than 700 routes for better connectivity. According to the International Air Transport Association, global passenger traffic rose by 7.6% in 2017, which is more than the average annual growth over the last ten years, i.e. 5.5%. This increase creates immense opportunities for players operating in the aircraft cleaning chemicals market.
There is an increasing demand to replace hazardous, VOC-emitting degreasers, and cleaning products with green alternatives and safer products. Prominent manufacturers are focusing on the development of biodegradable, non-toxic, durable, cost-efficient, and non-hazardous cleaning chemicals. Aircraft cleaning chemicals market players are also emphasizing on providing chemicals free from hazardous ingredients, and having no special storage or disposal requirements.
Increasing health awareness, risk of infection, concerns over disease-causing pathogens on contaminated surfaces, etc., make today’s traveler extremely particular about hygiene. Hence, to provide a hygienic environment for travelers, the demand for cleaning chemicals, particularly disinfectants is expected to increase over the course of the forecast period.
Dry wash is an innovative, economical, and safe cleaning concept, minimizing the use of water. Dry wash method can do cleaning and shining in a single process. Dry wash is gaining popularity and preference among end-users as it reduces the cleaning cost as well as time. However, dry wash can require a lot of elbow grease and requires considerably more effort than wet wash.

Who Is Winning?

The global aircraft cleaning chemicals market is highly fragmented due to the presence of good number of players in regional as well as international markets. Key manufacturers such as PPG Industries Inc., Illinois Tool Works Inc., Arrow Solutions, and Callington Haven Pty Ltd account for a prominent share in the global aircraft cleaning chemicals market. North America, followed by Western Europe is estimated to dominate the global aircraft cleaning chemicals market. However, developing regions such as China, India, ASEAN, and the Middle East are expected to create lucrative opportunities for market participants.

The foreseeable increase in the number of aircraft in the next two decades is expected to provide substantial opportunities for players operating in the aircraft cleaning chemicals services market, i.e. cleaning chemical and cleaning equipment manufacturers. Key manufacturers should focus on developing cost-effective as well as efficient products in order to gain a high brand value.

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Aircraft Cleaning Chemicals Market Taxonomy

The global aircraft cleaning chemicals market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

Exterior
Interior

Formulation

Water-based
Solvent-based
Wax-based

End Use

Civil Aircraft
Commercial/Cargo Based Aviation
Military

Region

North America
Latin America
Western Europe
Eastern Europe
SEAP
MEA
China
Japan

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More About Aircraft Cleaning Chemicals Market Report

The research report analyzes total sales of aircraft cleaning chemicals on the basis of volume (Tons) and value (US$ Mn). The report includes a competition analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about global and regional players in the market. Opportunities in the market are projected on the basis of factors such as aviation industry growth, travel and tourism industry outlook, air traffic growth, investments in upcoming airport projects, and expansion in production by worldwide manufacturers.

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Isoprene Rubber Latex Market is estimated to register growth at 8.1% CAGR between 2021 and 2031

The global isoprene rubber latex market is anticipated to expand at 8.1% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent analysis. Increasing demand of medical gloves and condoms will continue driving the isoprene rubber latex sales. Growing utilization in medical and consumer goods industry will create conducive environment for the growth of the market in the coming years.

Rising demand of medical gloves in the healthcare industries due to growing awareness about health and safety measures to be employed to prevent the spread of diseases after COVID – 19 pandemic is propelling growth of the isoprene rubber latex market.

The increasing use of isoprene rubber latex in the manufacture of personal protective equipment and industrial items such as seals, gaskets, and conveyor belts is anticipated to be a major growth driver. The growing demand for customized industrial gloves is expected to bolster the sales in the market. In addition to this, application in condom manufacturing will strengthen sales prospects.

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Key Takeaways:

Medical glove manufacturers are the predominant consumers of isoprene rubber latex. Medical gloves segment exhibited high demand following the COVID-19 outbreak.
Application in condom manufacturing will increasing, driving sales in the market.
Demand in the U.S. will grow year on year by 8.8% in 2021.
Demand in China will grow by 8.8% between 2021 and 2031.
Sales in Germany will account for 14.3% of overall consumption in Europe in 2021.

“Rising demand of medical gloves from healthcare industry and the increasing usage of adhesives in food, medical and industrial packaging will drive the market of isoprene rubber latex through the projected period from 2021 to 2031,” says a FMI analyst.

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Competitive Landscape

Key market participants in the global isoprene rubber latex market elaborated in the report includes Top Glove Corporation Bhd, Zeon Corporation, PAO Sibur Holdings, Kraton Corporation, Ansell Limited, Supermax Corp. Bhd, Royal Dutch Shell Plc, Kossan Rubber Industries Bhd, JSR Corporation, Hartalega Holdings Berhad, Rubberex Corporation, Johnson Wilshire, Medline Industries, Inc., Dipped Products Plc, Protective Industrial Products, Inc., and many others.

Key players operating in the global isoprene rubber latex market are focusing on increasing their production capacities to strengthen their footprint especially in the emerging economies. Furthermore, key market participants are focusing on mergers, acquisitions and collaborations strategies to expand their global presence and strengthen their distribution network. For instance:

In April 2018, Top Glove Corp Bhd acquired Aspion Sdn Bhd transforming the company into one of the world’s largest surgical glove maker and strengthening its position as the world’s largest glove manufacturer.

More Insights into the Isoprene Rubber Latex Market Report

In its latest report, FMI offers an unbiased analysis of the Global Isoprene Rubber Latex market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of application (medical gloves, condoms, medical balloons, catheters and adhesives.), end use (medical, consumer goods and industrial) across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

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About Future Market Insights (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, and has delivery centers in the UK, 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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Decorative Plastic and Paper Laminates Market is projected to reach US$ 113 Bn by the end of 2028

In a recently released Future Market Insights outlook for decorative plastic and paper laminates, the global revenue is likely to observe moderate yearly growth in 2019 and approach US$ 70 Bn. “A majority of the sales of decorative plastic and paper laminates is attracted by a large number of smaller players operating in the competitive landscape. While more than half of the market value is accounted by the Tier 3 players that prominently include SMEs, a mere 10-15% share belongs to Tier 1 companies,” says a senior research analyst at the company.

Key Insights at a Glance

A third of the total market revenue is accounted by China, followed by Eastern Europe. FMI points to remarkable progress in sales of decorative plastic and paper laminates within BRICS countries.
Soaring demand for decorative foils and papers in the commercial sector is prominently responsible for superiority of low pressure laminates over high pressure counterparts.
As smaller players dominate the market, the strategic focus remains on product differentiation and cost competitive pricing. Reduced VOC emissions is another important factor dictating strategic moves of manufacturing SMEs.
Key players in decorative plastic and paper laminates landscape are currently concentrating on channelizing their efforts towards strengthening the distribution network, in addition to establish a direct sales channel.

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Rapid Recovery of Residential Housing Sector Firms up the Base for Decorative Plastic & Paper Laminates Demand

Although commercial sector currently dominates in terms of demand for decorative plastic and paper laminates, residential housing sector is likely to take over soon.

The residential construction realm has been witnessing strong signs of recovery over the past couple of years, which is playing a key driving force for the revenue growth of decorative plastic and paper laminates landscape.

Moreover, rapid growth of hospitality sector is providing a strong impetus to product innovation, thereby pushing the growth of leading bands dealing in decorative plastic and paper laminates landscape.

Commercial construction is also significantly favoring the sales decorative plastic and paper laminates, as indicated by the report.

Manufacturers of decorative plastic and paper laminates are also capitalizing on opportunities presented by a growing number of remodeling and repainting projects.

Wooden Flooring Trends among Consumers, Following Furniture & Cabinets

“Furniture and cabinets account for over half the share of total market value, whereas flooring applications are likely to gradually take over,” says the analyst.

Shifting consumer preferences for laminate flooring in both residential and commercial sectors is creating a heap of investment opportunities for manufacturers of decorative plastic and paper laminates.

“Consumers today seek endurance, scratch resistance, and aesthetics while purchasing furniture for homes or workplaces. Such factors are provide the trigger for application specific innovations in decorative plastic and paper laminates,” the analyst explains further.

Spectacular growth prospects are identified for Asia, North America and some parts of Eastern Europe.

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Mushrooming Popularity of RTA Furniture Favors Global Sales of Decorative Plastic & Paper Laminates

Constant design innovation, consistent focus on superior quality, and maximum convenience are collectively driving consumer appeal for ready-to-assemble (RTA) furniture, especially in developed markets of North America and Europe.

Manufacturers of both RTA furniture and decorative plastic and paper laminates are taking efforts to collaboratively unlock the opportunities – with an additional benefit of less susceptibility to damage during transit and shipping.

Penetration of RTA furniture into developing economies is also gradually increasing owing to relatively lower price point and maintenance cost, thereby contributing to sales of decorative plastic and paper laminates.

Digital Print Designs on Decorative Plastic and Paper Laminates Gather Considerable Momentum

Personalization has been trending across industries, and interior decoration is among the prominent ones. Customized digitally printed laminates are especially designed to cater to specific consumer demands regarding print design, pattern, and graphic.

Sheets of digital decorative plastic and paper laminates have high resolution images printed on them, and can be directly applied on furniture, doors, commercials, exhibition stands, and walls.

Digital print laminates are creating a slew of opportunities for manufacturers in the decorative plastic and paper laminates landscape.

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Decorative Plastic and Paper Laminates Market: Key Players

Some of the players reported in this study on the global decorative plastic and paper laminates market include Archidply Industries Ltd, OMNOVA Solutions Inc., Illinois Tool Works, Inc., Fletcher Building Limited, Greenlam Industries Ltd., Stylam Industries Ltd, Merino Group, Panolam Industries International, Inc., OMNOVA Solutions Inc., Illinois Tool Works, Inc. and Century Plyboards (India) Limited, among others.

Moreover, manufacturers of Decorative Plastic and Paper Laminates are channelizing efforts towards the expansion of their production capacities and strengthening their retailer and distributor network. This is expected to certainly impact the Decorative Plastic and Paper Laminates market in the near future.

For a broader look at the global decorative plastic and paper laminates landscape, write to the team of expert analysts at press@futuremarketinsights.com

Coal Tar Pitch Market is projected to reach a valuation of US$ 5,145.5 Mn in 2028

Tier-1 companies in coal tar manufacturing represent 60-70% share of the total market revenue. With massive coal tar distillation capacities across the globe, these players in coal tar pitch landscape maintain their focus on both, standard grade and special grade coal tar pitch (CTP) production.

Tier 2 players have a strong presence over restricted regions, whereas that of Tier 3 competitors is limited to regional sales. Standard grade coal tar pitch is the key focus area for the latter two, according to Future Market Insight’s study on the global coal tar pitch landscape.

“Production facility expansion, strategic acquisitions, and CTP product innovation will remain the key developmental strategies trending among leading players,” says a senior research analyst at FMI. The analyst adds further, “Massive Aluminum demand from automotive and transportation sectors has been pushing the Aluminum production levels 4-5% (yearly) since the recent past. Growing demand for lightweight vehicles is among the most impactful factors driving the consumption of Aluminum, subsequently contributing to sales of coal tar pitch”.

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Long-term Contractual Partnerships & Backward Integrated Supply Rule Strategic Minds of Coal Tar Pitch Manufacturers

While manufacturers of coal tar pitch are preferring long-term supply contracts with leading coal tar manufacturers, FMI has also identified these players entering strategic partnerships with steel manufacturers, where coal tar is often the byproduct of coke processing ovens. A few other activities that make this landscape dynamic include long-term contracts between manufacturers of coal tar pitch and those of primary aluminum and graphite electrode, with a sole objective to sustain the coal tar pitch supply to end markets.

Aluminum Grade CTP Holds a Winning Revenue Share in Coal Tar Pitch Market

Application-wise, around 80% revenue share belongs to the aluminum electrode, according to the study. As coal tar pitch is increasingly being consumed by aluminum smelters lowing to higher sustainability and economic feasibility, the mushrooming Aluminum production is constantly driving the growth of coal tar pitch landscape. In 2019, the revenue of Aluminum grade coal tar pitch is pegged for over 5% Y-o-Y growth. Besides, Graphite electrode is also slated for promising performance and the application base of coal tar pitch as a chemical intermediate in carbon black manufacturing is visibly growing.

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Development of Specialized ‘Zero QI Impregnating’ Coal Tar Pitch Expands Applicability

A specialized ‘impregnating’ pitch obtained by processing coal tar at a high temperature is widely used in the Graphite industry during the electrode manufacturing process. The resultant technological advancements in the life of electrodes pushes CTP applications in roofing, coating, electrode, refractory, and others.

China Commands over Global Coal Tar Pitch Landscape, India Leads Asia Pacific’s CTP Scenario

China, India, Russia, and Western Europe have a significant aluminum production base, whereas MEA is demonstrating promising growth in coal tar pitch landscape in recent years. North America, however, is observing passive growth over the recent past, post decline in the aluminum production levels.

According to the FMI’s report, China is the global leader in coal tar pitch ecosystem owing to significant Aluminum production and thriving production levels of Graphite electrode. China is projected for a 6% year on year revenue growth by this year’s end, reflecting ample growth opportunities for coal tar pitch manufacturers.

On the other side, APAC’s market for coal tar pitch is witnessing growth concentration in India that has been attributed to an impressive rate of Aluminum production in the country.

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Coal Tar Pitch Market Structure

The global coal tar pitch market is a highly consolidated one with major players such asKoppers Inc., Rain Industries Limited, Shanghai Baosteel Chemical Co. Ltd and JFE Holdings, Inc. accounting for a 50–60% share in the global market.

Some of the other prominent players covered in the global coal tar pitch market study areCoopers Creek Chemical Corporation, Himadri Specialty Chemicals Ltd., Nippon Steel & Sumikin Chemical Co., Ltd., Shanxi Coking Company, Neptune Hydrocarbons, Bathco Ltd., China Steel Chemical Corporation, Hengshui Zehao Chemicals Co., Ltd, Shandong Gude Chemical Co., Ltd and Crowley Chemical Company Inc., among others.

Fermented Protein Market Overview of Market Size, Current and Future Trends, Industry Growth and Forecast to 2022-2031

Fermented Protein is produced by fermenting the protein in the in-vitro condition. This fermentation process enhances the quality of the protein by removing carbohydrates and some amino acids that are in excess. Due to the fermentation digestion of protein becomes easier and eventually benefits the gut of intestine.

Fermented Protein is widely consumed for animal feed North America and Europe are the largest Fermented Protein consumer for animal feed with over 37.6% and 30.8% market share respectively for both the region. These fermented proteins in the animal feed help animals to absorb more absorb as the feed is pre-digested and increases the digestibility of phosphate and nitrogen compound. Fermented Protein for human consumption is also gaining great attention owing to a great source of vegan protein.

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Trends and Market Dynamics: Fermented Protein

Fermented protein has a longer shelf life making it an eye-catching product for consumers. Fermented protein is an impeccable product to be on-the-go health food. As it has a longer shelf life it reduces the wastage in packaging and wastage of the product.

With increasing awareness of fermented food among the consumer, rapid growth in demand for fermented protein is observed in recent times. This will certainly make the market grow twofold in the forecasted period. Regionally, the growth in demand has started to appear in North America and will increase with time.

Fermented Protein is also gaining traction because it is vegan in nature, and the vegan population is increasing rapidly. With booming vegetarianism and a flexitarian population, demand for fermented protein is expected to grow.

Counties like Nigeria and Pakistan have recently witnessed the biggest jump in the population of vegetarians, hence these regions are expected to be the prime regions for the development of Fermented Protein Market.

Besides, this fermented protein is also gaining demand because of increasing meat and dairy need globally. Asia-Pacific is the highest meat producer in the world, with over 141.7 million metric tons, followed by America with over 104 million metric tons. These regions will gain an increased rate of demand for fermented protein for animal feed in the forecasted period.

Key Players of Fermented Protein Market

Leading players in the global fermented protein market includes

Genuine Health
Body Ecology, Inc
Jarrow Formulas
Sotru
Amazonia Pty Ltd
Sun Brothers
LLC
PlantFusion
Whole Earth Sea
FIT-BioCeuticals Ltd

are some of the key players of Global Fermented Protein Market.

Innovations and Opportunities in Fermented Protein Market

Manufacturers have identified growing awareness and an increasing number of vegan, vegetarian, and flexitarian population as an opportunity to make the market grow. Responding to this increasing demand and growing trend, manufacturers are now innovating in different types of fermented protein product for the population.

For animal feed, producers are focusing on the quality of the feed. They are investing more into Research and Development for developing feed product that has even distribution of essential nutrients needed by the animals. For animal feed, Asia-Pacific and America are the potential markets where high opportunities are spotted by the manufacturers.

Manufacturers are innovating for producing various flavors and packaging with the objective to attract a population of all the ages. Flavors like brownie, banana, coconut, almond, mango, and other exotic flavors are being introduced in the market. Packaging attracts around 70% of the consumers based on the impression it leaves and becomes the key for consumers to differentiate among the products.

The Report Covers Exhaustive Analysis on:

Fermented Protein market segment
Fermented Protein market dynamics
Fermented Protein market size
Fermented Protein supply and demand
Current trends/issues/challenges pertaining to Fermented Protein market
Competition landscape and emerging market participants in Fermented Protein market
Technology related to production/processing of Fermented Protein
Value chain analysis of the Fermented Protein market

Regional Analysis Includes:

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

The Fermented Protein market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Fermented Protein market report projects the attractiveness of each major segment over the forecast period.

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Highlights of the Fermented Protein Market Report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the Fermented Protein market
Recommendations to companies for strengthening their foothold in the Fermented Protein market

Fermented Protein: Market Segmentation

Type :

GMO-free
Gluten-free
Soy-free
Vegan
Flavors

Application :

Food & beverage
Feed
Pharmaceuticals
Others

Distribution Channel :

B2B
B2C
- Online Stores
- Retail Stores
  - Convenience Stores
  - Hypermarket/Supermarkets
  - Specialty Stores
- Others

About FMI:

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Plywood Market is projected to reach a valuation of US$ 115 Bn by 2028

Global infrastructural development has reached newer heights in the last few years, with massive constructions – both residential and commercial – mushrooming across both Tier 1 and Tier 2 cities across the world. This has led to impressive growth of the global building and construction industry and as a consequence positively impacted revenues of ancillary industries. Plywood is an inherent component of the construction industry – being widely used in manufacturing readymade and customised furniture.

“Growth in global consumption of plywood is pegged to increase at a decadal rate of 4.6% to reach 164,402 cubic meters by the end of 2022. This growth is attributable to the continuous demand from end-use industries especially the furniture production industry.” — Future Market Insights

Future Market Insights (FMI) throws light on some of the key factors boosting revenues in the global market for plywood. Plywood finds increasing use across diverse applications ranging from furniture, flooring, and packaging of high-value goods. This is anticipated to boost sales of plywood in the global market, according to Future Market Insights forecasts. A growth in residential and commercial spaces across the world has further boosted the demand for readymade and aesthetically designed furniture, incorporating extensive use of plywood. With people opting for designer furniture, the demand for plywood from the furniture industry is already peaking and this is anticipated to augment revenues in the global plywood market.

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Besides, there is an increasing global phenomena promoting the use of wood and wood based products in the construction of both residential as well as commercial buildings. This trend is being supported by laws enforced at the administrative level. For instance, Japan’s “Act for Promotion of Use of Wood Products in Public Buildings, 2010” seeks to encourage the use of plywood in the construction sector. Global construction projects focusing on wooden skyscrapers such as the Oakwood Timber Tower are also expected to positively impact demand for plywood in the coming years.

Wood and wood based products such as plywood are eco-friendly in nature, encouraging the plantation of trees to meet the rising demand. Plywood and other ancillary wood products contribute to environmental protection. This is another factor acting in favour of the plywood market.

This study by FMI on the plywood market further identifies the growing importance of plywood in the global packaging industry as a key demand driver. “Plywood has enhanced mechanical strength besides being lightweight in nature. Plywood is also reusable and helps save on costs. This makes plywood the best packaging option for various types of products. With the current ban on plastic for product packaging, plywood is being increasingly adopted as a highly effective raw material to package different types of goods. This is expected to boost revenues in the global plywood market.”

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Key Companies Profiled

Weyerhaeuser Company
Boise Cascade Company
Greenply Industries Limited
Georgia-Pacific, LLC
Uniply Industries Ltd
JAYA TIASA HOLDINGS BERHAD
UPM-Kymmene Oyj
SUBUR TIASA HOLDINGS BERHAD
Sveza-Les LLC

Lucrative Opportunities Lie in the African Timberlands for both Existing Players and New Market Entrants

The presence of vast expanses of land in Africa coupled with the overall low costs of maintenance and production in the region make Africa a very attractive choice for the growth of forestry and the manufacturing of wood products, particularly plywood. Manufacturers in the global plywood market are looking at lucrative growth prospects in the African continent, given the region’s huge natural timberlands and mature plantations. Harvesting of plywood in the African forests is both cost-effective and environment friendly. This is boosting the setting up of backward integrated units manufacturing plywood, hence creating highly lucrative opportunities for players in the global plywood market.

Massive growth of the global construction industry has resulted in the pumping in of huge infrastructure investments by both private sector and public sector enterprises. This is likely to broaden the horizon for regional manufacturers of plywood with endless possibilities for revenue growth.

Adoption of Plywood in Digital Printing Trending the Global Market

Plywood is increasingly finding application as a substrate in high-scale inkjet printing projects. Plywood is used as an alternative to aluminium and plastic sheets owing to its non-reflective nature. Digitally printed plywood serves as an excellent substitute for several outdoor applications such as fence and road signs, as it is highly durable. This is the latest trend dotting the global plywood landscape, pushing revenues in the global market.

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Key Segments Covered in Plywood Industry Research

By Grade :

MR Grade Plywood
BWR Grade Plywood
Fire Resistant Grade Plywood
BWP Grade Plywood
Structural Grade Plywood

By Wood Type :

Softwood
Hardwood

By Application :

Plywood for Furniture
Plywood for Flooring & Construction
Plywood for Automotive Interiors
Plywood for Packaging
Plywood for Marine Use
Others