Market Research Blog

The global market for gait trainers is being progressively influenced by the growing competition and the expansion of the walking aids industry. The rising number of spinal injuries as well as strokes that impacts the ability of a patient to walk has been incessantly supporting the global gait trainer market to grow and has been expected to remain the same in the forthcoming years.

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In Europe and North America, manufacturers are strengthening their position as they are the key focus regions with the maximum potential for the players to take leverage from. For instance, key players such as Rifton Equipment, Ottobock Inc.., Ekso Bionics, Hocoma AG, and AlterG are expanding their commercial presence in international market.

The players in the market are increasingly focusing on raising their market penetration through exploration of the untapped markets. In order to increase its market penetration, the company is focusing on enhancement of its products by introducing new technologies and upgrading its existing products and also simultaneously focusing on strategic alliances for sale and promotion of its products globally. Manufacturers are basically focusing on upscaling the production of automated gait trainer.

The proliferating acquisition activities and contractual agreements between manufacturers and local service providers are the factors promoting the growth of the global gait trainer market. Manufacturers of gait trainer devices and exoskeletons are focusing on government contracts and agreements with other medical device companies, in order to manufacture cost-effective products, especially for rehabilitation.

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According to the report published by Future Market Insights (FMI), the global gait trainer market is expected to witness a CAGR of 4.9% from 2022 to 2028. In 2017, the market was worth US$ 271.5 Mn and is projected to rise to a valuation of US$ 456.3 Mn by the end of 2028.

Technological Advancements to Pave Way for Market Progression

In the last couple of years, various types of gait trainers to support ambulation practices have been developed, the treadmill and over ground systems are the ones gaining popularity. Advanced gait trainer systems are predominantly designed to minimize stress–strain shielding with adjustability in height, and increase the range of motion with high efficiency. As indicated by the expert analyst, New FDA-cleared EksoGT exoskeleton comes with a controller, inbuilt software coupled with smart assist pre-gait and freegait quick fit technology. Ekso pulse comes with a cloud-based technology, analytics, wireless transmission and cloud storage.

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Competitive Pricing to Obstruct Growth Tract

The price elasticity of the gait trainer market has grown extensively owing to the significant role played by the government and managed care groups. HME dealers purchase gait trainer products based primarily on the price, so that they can be assured of being reimbursed. Thereby, manufacturers must fiercely compete on price in order to win large dealer contracts and purchases. The rising Asian imports of gait trainer are bound to send the prices to a certain low. With increasing number of participants, the prices will continue to decline.

Rising awareness regarding the health benefits of chickpea protein, coupled with increased health consciousness among people is propelling demand for chickpea protein. Moreover, the growing trend of veganism across the world, especially in developed economies, is poised to remain a critical factor driving the growth of the market. Chickpea protein aids in diabetes management by preventing the blood sugar levels from suddenly rising after consuming food. Furthermore, they bolster in controlling weight by swiftly burning calories during the digestion process.

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Backed by its rich nutritional profile, chickpea protein also finds adoption among athletes to build muscle mass, making sports nutrition a lucrative segment for chickpea protein. Moreover, chickpea protein is labeled non-GMO plant-based protein, making it a fitting source of post-workout nutrition for athletes. When compared to other animal or vegetable-based ingredients, chickpea protein aids in proper maintenance, repair, and growth of both human and animal muscles, thus making it an ideal ingredient in the production of pet food.

Along similar lines, rising concerns regarding animal welfare and adverse health effects among consumers is asserting food product manufacturers to seek substitutes for meat-based ingredients. On this premise, chickpea protein has emerged as the ideal alternative for animal-based ingredients in the food processing, nutraceuticals, and sports supplement sectors.

Chickpea Protein Market

Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global chickpea protein market will grow in value at a CAGR of ~5.1% between 2020 and 2030. Some of the key takeaways from the report include:

• The global chickpea protein market is forecasted to surge past valuation of US$ 142.4 Mn by the end of the assessment period
• By processing type, dry processing is projected to account for over 2/3rd of market share, owing to the low amount of energy and resources required
• Based on product type, protein isolates and protein concentrates account for the majority of the market share, accounting for near-equal proportions, with the former holding a slight edge
• Among end users, the food processing sector will hold over 66% of market value, while sports nutrition and nutraceutical sectors progress at higher growth
• Based on nature, conventional chickpea protein will remain the most sought-out type through the forecast period
• North America and Europe will collectively account for nearly 70% of total market share, ascribed to the presence of a large vegan and vegetarian population bases

“Capitalizing on the growing consumer demand for high quality, nutritious ingredients due to their health benefits, players in the food processing bakery sectors are shifting towards plant-based protein ingredients, and this is expected to drive the market on a positive growth trajectory,” remarks FMI analyst.

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COVID-19 Impact on Chickpea Protein Market

The outbreak of COVID-19 is expected to exhibit a dual impact on the growth trajectory of the chickpea protein market. As concerns regarding health surge across the world, consumers are actively seeking healthy food products, which is expected to boost the consumption of chickpea protein. However, operations in the food processing sector – the largest consumer of chickpea protein – have come to a screeching halt, leading to a downfall in demand. However, the demand for healthy, dairy-free food in Europe, where normality in the food sector is gradually returning post-pandemic, is likely to alleviate the challenge to an extent.

Chickpea Protein Market Report: Scope

AttributeDetails  Forecast Period2020-2030Historical Data Available for2015-2019  Market AnalysisUSD Million for value and Units for Volume Key Regions CoveredNorth America, Europe, East Asia, Latin America, South Asia, Oceania, and Middle East and Africa (MEA)Key Countries CoveredUS, Canada, Brazil, Mexico, Argentina, Rest of Latin America, EU-4, U.K., Nordaic, Russia, Poland, BENELUX, Rest of Europe, India, China, Thailand, Indonesia, Malaysia, Japan, South Korea, Rest of South Asia, Rest of East Asia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa, and Rest of MEA Key Segments CoveredProduct, Nature, End-use, Processing type, and RegionKey Companies ProfiledBatory Foods, Ingredion Inc., Archer Daniels Midland Company, PLT Health Solutions, Chickplease, Cambridge Commodities Ltd, AGT Food and Ingredients, Nutraonly (Xi’an) Nutritions Inc., Chick.P, and InnovoPro Report CoverageMarket Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Competitive Landscape

Key players operating in the market are leveraging the demand among a widening base of the vegan and vegetarian population, and are working on expanding their production capacities. To achieve the same, players are securing investment from governments and other players. On these lines:

• In April 2020, an Israel-based organization named InnovoPro raised US$ 15 million funding round by Jerusalem Venture Partners with participation from CPT Capital to boost the chickpea protein production.
• Also in April 2020, The Growthwell Group, a Singapore-based plant protein manufacturer, raised US$ 8 million funds from the Singapore government and other investors which includes Temasek, Insignia Ventures, DSG Consumer Partners, and Genesis Ventures. The funds will be used to build a new manufacturing facility.

FMI’s report includes profiles of some of the most prominent names in the market including Batory Foods, Ingredion Inc., Archer Daniels Midland Company, PLT Health Solutions, Chickplease, Cambridge Commodities Ltd, AGT Food and Ingredients, Nutraonly (Xi’an) Nutritions Inc., Chick.P, and InnovoPro

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A new market research report published by Future Market Insights (FMI) on the global foley catheters market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – product, nature, processing type, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

Key Questions Answered by the Report

• What is the market size of the chickpea protein market?
  The global chickpea protein market is expected to reach a valuation of US$ 142.4 Mn by 2030.

• Which is the largest regional market for chickpea protein?
  North America currently leads the chickpea protein market and is expected to remain dominant through the course of the forecast period
• Which are the top companies in the chickpea protein market?
  Key player operating in the market include Batory Foods, Ingredion Inc., Archer Daniels Midland Company, PLT Health Solutions, Chickplease, Cambridge Commodities Ltd, AGT Food and Ingredients, Nutraonly (Xi’an) Nutritions Inc., Chick.P, and InnovoPro.

 

Future Market Insights (FMI) in its latest analysis has projected the global educational tourism market to exhibit a year-on-year (YoY) growth of 16.5% in 2021, surpassing a valuation of around US$ 399.8 Bn by 2021 end.

With rapid growth of educational tourism across the globe, the market is set to register an impressive compound annual growth rate (CAGR) of 17.2% between 2021 and 2031, reaching a valuation of around US$ 1,947.0 Bn by 2031 end.

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Growing awareness among people, rising disposable income, supportive governmental policies, and development of efficient teaching aids, and improving accessibility to various educational courses with scholarships are some of the factors driving the educational tourism market?

Various countries across the world are promoting educational tourism as a part of their strategy to boost the local economy. These host countries benefit from international student expenditures on accommodation, food and beverages, tuition fees, taxes and other leisure activities.

Latest technologies such as artificial intelligence (AI) and virtual reality (AR) are being implemented in teaching and learning processes, which will eventually attract students from around the world.

Educational tourism will not only benefit the host country but will foster personal and professional growth for students allowing them to take advantage of cultural exchange. Key players in the market are introducing attractive packages to woo students. Digital marketing plays a vital role in promoting the services and packages offered by various educational institutions and other companies.

According to FMI, the post graduate segment with over 71% market share will remain the most preferred education type among students. Regionally, North America leads the educational tourism market. The region is expected to account for over 31% of the global market share during the forecast period.

“Growing interest among students to opt for higher education in foreign countries and implementation of favorable policies inviting students from around the world will drive the market swiftly during the forecast period,” says the FMI analyst.

Key Takeaways from Educational Tourism Market Survey

• The U.S. dominates the educational tourism market in North America. This can be attributed to the presence of leading educational institutions and the excellent educational facilities available in the country.
• Owing to the availability of flexible education system, the U.K is emerging as an attractive destination for students.
• Growing interest of foreigners to study Indian culture and the availability of various post-graduation courses with special scholarship programs for foreigners are some of the factors driving the market in India.
• In terms of course type, master’s degree (M.A) remains the most preferred, accounting for around 71% of the global market share.
• Based on age group, 19-25 segment leads the educational tourism market. As per FMI, the segment generates around 73% revenue for global educational tourism market.

Key Drivers

• Government initiatives undertaken to boost country as a destination for educational tourism will positively impact the market growth.
• Introduction of advanced teaching aids and various scholarship programs to attract international students will drive the market swiftly in the future.

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Key Restraints

• High cost associated with educational tourism is hampering the growth of the market.
• COVID-19 pandemic negatively impacted the educational tourism market as a majority of educational institutions remained closed during extended period of lockdown.

Competitive Landscape

Key players operating in the educational tourism market are adopting various growth strategies to stay relevant in the market. They are adopting virtual and online approach to connect with potential pupil.

• In September 2020, Road Scholar launched virtual world of learning. Using a videoconferencing tool, Road Scholar’s day-long and multi-day online programs reflect a typical Road Scholar experience with expert-led lecturers, virtual field trips, discussions and even social time, so participants can connect with their peers throughout the U.S. and beyond.
• Similarly, GVI Company offers virtual internship program and online classes.

More Insights on the Global Educational Tourism Sales Outlook

FMI provides an unbiased analysis of educational tourism market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global demand for educational tourism with a detailed segmentation on the basis of:

Age Group (% of Demand):

• Less Than 12 Years
• 13-18 Years
• 19-25 Years
• 26-40 Years
• 41-55 Years

 Education Type (% of Demand):

• Primary
• Secondary
• College
• Post Graduate

Type of Occupation (% of Demand):

• Students
• Scholar
• Teachers
• Government Officials
• Corporation Managers
• Enterprise Owners
• Workers
• Others

Course Type (% of Demand):

• Master Degree
• Secondary Education
• Primary Education

 Region (% of Demand):

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

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Key Questions Covered in the Educational Tourism Sales Outlook Report

• The report offers insight into educational tourism demand outlook for 2021-2031
• The market study also highlights projected sales growth for Educational Tourism market between 2021 and 2031
• Educational tourism market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
• Educational tourism market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Explore FMI’s Extensive Coverage on Travel and Tourism 

Diving Tourism Market : In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors diving demand for diving tourism. The report highlights the significant increase in demand for diving tourism in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the water adventure tourism industry in general, and diving tourism in particular.

Medical Tourism Market : Future Market Insights (FMI), an ESOMAR-certified market research and consulting firm offers executive-level blueprint of the market. The report carefully examines growth opportunities for medical tourism around the world. In also evaluates the impact of strategies adopted by the leading players on the market.

Agritourism Market : During a coronavirus pandemic outbreak, Travel and tourism industry is completely shut and as a result the agritourism industry is facing a decline. The COVID-19 Outbreak resulted in lockdown situation in various countries across the globe which has impacted every industry in the market. As the COVID-19 protocols include social distancing and the farms that features agritourism need to follow certain guidelines.

The global sales of nutmeg oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for nutmeg oil in cosmetics and pharmaceuticals industry globally which is likely to boost the nutmeg oil market in the assessment period.

Demand for Nutmeg Oils

Nutmeg oil is widely used in aromatherapy, traditional medicine, and the perfume industry. Nutmeg contains rich in antioxidants due to the presence of phenolic compounds.

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These antioxidants can protect your cells from damage caused by the free radicals. Nutmeg oil can reduce inflammation compounds in your body due to the presence of myristicin compounds, terpene hydrocarbons, phenylpropane.

Due to the properties of the plethora of therapeutic nutmeg is used in traditional medicine.

It also aids in the regulation of menstrual cycles, female hormones, lung issues, and the common cold. Nutmeg oil improves sexual performances in both women and men.

Nutmeg oil is used to prevent dark spots, skin woes, uneven skin tone. The health benefits are the key driving factors for the driving demand for nutmeg oil.

Europe Demand Outlook for Nutmeg Oil Market

Because nutmeg oil contains antibacterial, fungicidal, and insecticidal properties, it is commonly used to preserve food in Europe.

Nutmeg oil is incorporated into the European lifestyle by adding in wine and used as a fragrance. Nutmeg oil is used as an ingredient in cough syrup and toothpaste in European countries.

These are the key factors for the driving demand for nutmeg oil in the European region.

Nutmeg Oil Market: Key Players

Some key manufacturers functioning in business in nutmeg oil market includes

• Green Health
• Sun Essential Oils
• Pure Body Naturals
• Healing Solutions
• LorAnn Oils
• Now, Plant Therapy
• Guru Nanda
• Artizen
• Young Living, and many others.

Nutmeg Oil Market Report Highlights:

• Detailed overview of the 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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With the increasing growth of the health & wellness trend and consumers’ awareness about the necessity of adding diverse nutrients in diets, the demand for multi-nutritional supplements as well as dietary supplements has increased significantly in the past few years. Over-the-counter dietary supplements and multi-nutritional supplements are becoming a big business with a mounting number of consumers relying on these nutraceuticals for satisfying their daily dietary needs.To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-969

Consumers are becoming aware about the importance of antioxidants, vitamins, and other nutrients, and it is directly influencing the sales of multi-nutritional supplements. In addition, with the increasing global prevalence of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes, consumers are likely to depend on external nutritional supply to meet their dietary needs. Increasing dependency of consumers on multi-nutritional supplements for weight loss and obesity management will further bolster their demand in the coming years.

Consumers are preferring to consume multi-nutritional supplements instead of resorting to two or more than two dietary supplements to get the essential nutrients. This is expected to support the growth of the multi-nutritional supplements market in the coming years. Leading players in the multi-nutritional supplements are introducing products with health benefiting ingredients such as vitamin D ingredients, vitamin C ingredients, and natural antioxidants. By boosting research & development in the discovery of innovative and more health-benefitting ingredients, stakeholders are aiming to gain a competitive edge in the multi-nutritional supplements market.

Multi-nutritional Supplements Market – Competitive Landscape

Key stakeholders in the multi-nutritional supplements market Amway, Nature’s Bounty, Inc., Rexall Sundown, Inc., Puritan’s Pride, Inc., Osteo Bi-Flex, among the many others. Some of the notable developments in the competitive landscape of the multi-nutritional supplements market include:

• In April 2019, Healthycell – a leading innovator of nutritional microgels – announced the launch of the next generation of its multi-nutritional supplements – BIOACTIVE GEL™ supplements, which are manufactured using its patent-pending microgel technology to maximize the absorption of micronutrients in a pill-free delivery system. The company also announced that its new product includes a broad spectrum of essential micronutrients such as vitamins and minerals in a pill-free, efficient, and a great-tasting format.
• In March 2019, Persona™ nutrition – a leading personalized vitamin program – announced that its personalized nutrition subscription system will now make available its 11 new multi-nutritional supplements along with its other 80 vitamin supplements. The latest supplements were announced to include an innovative combination of products that can help consumers to cut down on the number of capsules they consume each day, along with new vegan multi-nutritional supplements in the form of softgels, as well as a specialized nutrition program for bariatric patients.
• In December 2018, Pillsy – a startup and a smart pill bottle cap manufacturing company – announced that it is launching its subsidiary that can offer multi-nutritional supplement subscription services by pairing the adherence technology. At this stage, the company is offering three different combinations of multi-nutritional supplements viz. an Omega 3 blend, a multivitamin blend, and a probiotic blend, while offering a technology-enabled service to assist consumers in managing their nutritional intake.

Factors Influencing Growth of the Multi-nutritional Supplements Market

Ever-growing Demand for Nutrition Supplements among Elderly Consumers

The consumption of multi-nutritional supplements is expected to remain significantly high across the geriatric population. A 2017 survey including 3,500 American adults aged 60 and older was published in The Journal of Nutrition, and it found that almost three-fourth of the participants consumed a daily multi-nutritional supplement (either individual vitamin or mineral or a multivitamin supplement), more than half of the participants said that they take one or two supplements, and more than one-fourth of the participants take four or more supplements. Taking into consideration this trend, leading players in the multi-nutritional supplements market are expected to focus on introducing older adults health supplements in the coming years, to improve their sales.

Studies Creating Ambiguity about the Health Benefits of Multi-nutritional Supplements

While the number of consumers relying on dietary, probiotic supplements, as well as multi-nutritional supplements is increasing at a rapid pace, some recent studies suggest that these supplements may not be entirely effective in improving health. A survey included over 27,000 American adults aged 20 or older suggests that dietary supplements or multi-nutritional supplements fail to offer the same health benefits as natural fruits and vegetables ingredients do.

Another study performed on over 30,000 American adults finds that multi-nutritional supplement are not only ineffective in improving health of consumers but also carry the risk of posing harm to their health. Such studies are creating an ambiguity about the effectiveness of multi-nutritional supplements on consumer health and potentially hazards of consuming them. This may negatively impact the growth of the multi-nutritional supplements market.

Multi-nutritional Supplements witness High Demand in Sports Nutrition Industry

High consumption of food supplements and multi-nutritional supplements among consumers aged 60 or more is expected to make them the primary target consumer base for stakeholders in the multi-nutritional supplements market. However, leading market players are also entering the sports food market and fitness nutrition industry, by introducing product with innovative ingredients for muscle building, to explore the profitable sales opportunities for multi-nutritional supplements in this industrial scenario.

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Health- and fitness-conscious consumers are showing proclivity towards relying on multi-nutritional supplements for improving strength, endurance, and athletic performance. In the sports nutrition industry, multi-nutritional supplements in the form of tablets, capsules, powders, bars, and liquids are gaining immense popularity. Thereby, leading players are expected to introduce multi-nutritional supplements for professional sportspersons and athletes to further boost their product sales in the coming years.

The Rise of Multi-nutritional Supplement Subscription Services Bring in New Trends

While the multi-nutritional supplements market is witnessing incremental growth worldwide, consumers’ need to maintain adherence to their nutritional program is triggering the rise of new market trends. A mounting number of leading players as well as new entrants in the multi-nutritional supplements market are introducing supplement subscription services integrated with advanced technologies to offer consumers more convenience at maintaining their daily nutritional intake. Introducing subscription services that can offer more personalised recommendations about sustainable and high-quality multi-nutritional supplements is expected to emerge as a winning strategy for stakeholders in the coming future.

The research report presents a comprehensive assessment of the multi-nutritional supplements market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The multi-nutritional supplements market is broadly segmented according to the ingredient type, application, and region.

The report covers exhaustive analysis on:

• Multi-nutritional Supplements Market Segments
• Multi-nutritional Supplements Market Dynamics
• Multi-nutritional Supplements Market Size
• Multi-nutritional Supplements Supply and Demand
• Current Trends/Issues/Challenges pertaining to Multi-nutritional Supplements Market
• Competition Landscape and Emerging Market Participants in Multi-nutritional Supplements Market
• Technology related to Production/Processing of Multi-nutritional Supplements
• Value Chain Analysis of the Multi-nutritional Supplements Market

Regional analysis includes:

• 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)

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.

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Report Highlights:

• A detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size regarding volume and value
• Recent industry trends and developments for yorker spouts market
• Competitive landscape for yorker spouts market
• Strategies for 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

High density polyethylene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of a preferred packaging material at a sluggish pace. While the top sought attributes of HDPE include high strength-to-density ratio, weatherproof nature, chemical resistance, lightweight characteristics, and economical price point, it more importantly meets the FDA and USDA standards that are mandatory especially in case of the use of HDPE bottles in food and beverages sector.

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Projected to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles landscape is likely to expand gradually year on year. As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing inclination towards adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.

High Recyclability Accounts for Growing Popularity of HDPE Bottles

Low quantity chemicals as well as drugs used for household or OTC applications are generally packaged in HDPE bottles. A widely preferred container for chemical products, HDPE bottles are highly recyclable. As the recycling process is relatively less complicated and more efficient, packaging manufacturers are gradually inclining towards HDPE as a raw material for packaging a range of products. Being one of the most considerate and least permeable packaging formats, HDPE bottles are likely to find widening applicability in packaging.

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Asia Pacific Secures the HDPE Production Hub Title for Manufacturers of HDPE Bottles

Asia Pacific, especially China, has been contributing significantly to the global HDPE production capacity over the years and according to FMI’s study, APAC remains a significant HDPE producer in the near future. North America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates promising performance of the Middle Eastern & African region.

HDPE Bottles Find Growing Applications in Personal & Home Care Products and Cosmetics

HDPE bottles are prominently used in the F&B, automotive, personal care & hygiene, and household care segments. Besides F&B, pharmaceuticals also register a decent rate of adoption of HDPE bottles owing to being reliable in terms of safety of packaged food and beverage products. The study points to dramatically growing per capita expenditure on personal care and beauty products worldwide, especially in developing economies. Escalating sales of bath and shower products, dermatological products, and essential toiletries are translating into increasing volume sales of HDPE bottles.

Globally, over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing consumer spending power is playing a vital role in popularizing the usage of HDPE bottles among packaging companies serving the personal care and cosmetics industry. Moreover, the widening expanse of Ecommerce is encouraging demand for HDPE bottles for a plethora of products across industries.

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Is Recycled HDPE the Sustainable Solution to Cost Optimization?

With an emerging alternative of recycled HDPE bottles, manufacturers are striving to reduce dependency on the prices of raw materials. While high raw material cost has been a longstanding factor suppressing wide adoption of HDPE bottles for packaging, manufacturers are gradually opting for the usage of recycled HDPE material for manufacturing HDPE bottles. Unilever recently launched recycled HDPE bottles of a few recognized Australian brands selling personal and home care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and TRESemmé.

Uncoated fine paper is commonly known as wood-free paper. Uncoated fine paper is office paper or professional printing paper that is manufactured from chemical pulp. The content of mechanical pulp in uncoated fine paper is below 10%. Uncoated fine paper has a non-glare surface which is much appropriate for reading and writing. The increase in demand for printing paper due to the expansion of businesses across the world is boosting the uncoated fine paper market. Uncoated fine paper is light in weight and is used in books and dictionaries.

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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Uncoated Fine Paper market is expected to grow at a healthy CAGR during the forecast period . The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Uncoated Fine Paper Market in the coming 10-years.

Key players covered in the report include:
• Valentis Nanotech
• DuPont USA
• Nanocor, (AMCOL International)
• Inmat
• Bayer AG
• Ecosysthetix
• Mitsubishi Gas Chemical Company, Inc.
• Honeywell International Inc.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Food Packaging Equipment

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Uncoated Fine Paper market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Uncoated Fine Paper Demand Analysis by Category
On the basis of packaging type, the Uncoated Fine Paper market has been segmented as:
• Active
• Improved
• Smart/Intelligent

On the basis of material type used, the Uncoated Fine Paper market has been segmented as:
• Titanium Nitride Nanoparticle
• Silver Nanoparticle
• Nano-Zinc Oxide

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Key Uncoated Fine Paper Market Takeaways and Projections :
• The U.S. is expected to lead the North America Uncoated Fine Paper market, projecting the fastest growth in the region in forecasting period
• Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
• India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

Report Benefits & Key Questions Answered :
• Uncoated Fine Paper Historical Market Analysis: The detailed survey by FMI, examines key factors in the Uncoated Fine Paper market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Uncoated Fine Paper market for the forecast period
• Uncoated Fine Paper Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Uncoated Fine Paper market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
• Uncoated Fine Paper Market Trend Analysis: The latest study by FMI on the Uncoated Fine Paper market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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Uncoated Fine Paper Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Uncoated Fine Paper market. Competitive information detailed in the Uncoated Fine Paper market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Uncoated Fine Paper market report.

As consumer preference for flavors has amplified over past half a decade, manufacturer and suppliers of dairy products to optimize their product offerings in sync with the consumer demand. Flavour is one of the high growth segment in overall food ingredients market, and preference for dairy flavours by consumers coupled with willingness of manufacturers to capitalize the opportunity in this niche business translated into the increased demand dairy flavours across the globe.

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The phenomenon is very prominent in developed markets, particularly in Europe, where in 2019 out of every seven new beverage product launch – one was labelled as dairy.

Manufacturers experienced increased sales of existing product, labelled as natural or organic, and consequently introduced new product ranges with natural or organic ingredients including flavours to respective markets.

Since, applications of dairy flavours has been creating value for manufacturers, plus number of companies engaged in dairy business are anticipated to launch products with similar ingredient over the next five years.

In addition, manufacturers are likely to market their products with lactose-free and cholesterol-free labels, thus attracting existing and targeting new customers. This will result into an increased demand for dairy food products, which in turn is likely to create the positive market conditions for dairy flavours.

Mounting Attractiveness of Dairy Flavors in Snacks Industry Propelling Market Growth

Dairy flavours have significant raw material in demand for products in the U.S. market. U.S. snacks market is expected to grow at a substantial growth rate over the forecast period.

The United States have relatively high opportunity for dairy flavours market, attributed high demand for dairy flavours in snacks, bakery, and dairy products as well as in alcoholic beverages.

Consumers in U.S., eat snacks four to five times a day at an average, whereas consumers in global market eat snacks three times a day. This creates a potential segment for the dairy flavour in snacks segment in the North America. Owing to increased adoption of Japanese trend to use dairy flavours in the various food products as well as in beverages along with other flavours such as fruit flavours and caramel flavours.

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New Products Development through Research and Development Boosting Dairy Flavours Demand

Consumer taste and preferences changes by the time, hence leading companies are driving the dairy flavors market growth by introducing innovative flavors. These manufacturers have been continuously investing huge amounts in research and development activities in order to cater to the evolving needs of customers seeking authentic flavoured food.

• In 2016, Givaudan S.A. made an investment of US$ 126 Mn to open an innovation centre in Switzerland.
• Firmenich SA invested 10% of its annual revenue in research and development and filed 30 new patent applications.

Global Dairy Flavors: Key Players

Some of the key players operating their business in the global Dairy Flavors market are

• International Flavors & Fragrances Inc.
• Synergy Flavors Inc.
• Butter Buds Inc.
• Kerry Group
• Edlong Dairy Technologies
• CP Ingredients
• FONA International Inc.
• Dairy Chem Inc.
• Stringer Flavours Limited
• Ornua Ingredients
• Bluegrass Dairy & Food Inc.
• Advanced Biotech. Inc.
• Glanbia PLC
• Blends Limited
• Jeneil Biotech Inc.

Dairy Flavors Market Opportunities   

Multitasking flavors are being used across the end user industry, which is also a current trend for dairy flavors market worldwide. Lactose intolerance is the major issue for many consumers, lactose-free alternative milk made from nuts is an opportunity to increase the revenue of global dairy flavors market.

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Fresh nut milks are highly nutritious and rich in fiber, protein, vitamin B, monounsaturated fats, magnesium, and iron.The Dairy Flavors market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Dairy Flavors market, including but not limited to: regional markets, nature, flavor type, form, and application.

The study is a source of reliable data on:

• Dairy Flavors market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and Rest of Latin America)
• Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Poland, Russia, Luxembourg, and Rest of Europe)
• East Asia (China, Japan, and South Korea)
• South Asia (India, Singapore, Thailand, Malaysia, Philippines, and Rest of South Asia)
• Oceania (Australia and New Zealand)
• Middle East and Africa (GCC, Southern Africa, North Africa, and Rest of MEA)

The Dairy Flavors 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).