Peelable Lidding Films Market Overview, Dynamics, Segments, Supply & Demand, Technology, Value Chain

Peelable lidding films are glossy, transparent, have high burst strength, and have thermal resistance properties. Conventional applications of peelable lidding films included medical devices packaging, as they are easy to open and highly preferred for an emergency situation. Later, with modification in the polymers, they were processed in such a way that they could be used as a packaging material for different food products. 

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Convenient features of peelable lidding films increase its preference from consumers end. These films have oxygen barrier property. Therefore, they form a protective layer and also extends the shelf life of food products. Peelable lidding films can be microwaved, chilled or frozen. Thus, they are used for different end use such as food industry, pharmaceuticals industry, cosmetics & personal care and others.

Peelable lidding films market: Dynamics

Peelable lidding films maintain color, flavor, texture, and the taste of the food products. Also, they have hot tack and heat seal strength. Therefore, these films can be used as a packaging film for ready meals. These advantageous features of the peelable lidding films make them suitable to be used as packaging material for the food industry. The food industry consumes more than 65% of peelable lidding films. Peelable lidding films are easily cleanable, reclosable and have great preservation properties. Thus, they are used as packaging film in the pharmaceuticals industry.

Leading players of peelable lidding films market are majorly focusing on enhancing features of the films and working on cost optimization. In July 2014, DuPont and Reifenhäuser Group collaborated in order to increase the efficiency of peelable lidding films and to reduce the cost of the film. These peelable packaging films are used for packaging fat and meat juice. Earlier the lidding films were used with LDPE sealing layer, after collaboration, these films are made up of PET-based DuPont Appeel sealant resin that has high-fat barrier property, perforation resistance, has a glossy appearance and is transparent. The new peelable lidding films has enhanced features and has reduced the cost, by eliminating the additional polyolefin lamination film.

In 2015, Rockwell Solution limited launched laser perforated peelable lidding films for ready meals. The company is a key player in the peelable lidding films market, produces Polylactic Acid (PLA) peelable lidding film, and further focuses on manufacturing anti-fog high clarity peelable lidding films.

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The global peelable lidding films market methodology is described below:

global peelable lidding films market

Tier Analysis: Peelable lidding films market

Tier 1 analysis: The leading players of peelable lidding films market are Rockwell Solutions Limited (Sappi Group), Lindamar Industries, Toray Plastics (America), Inc., Bemis Company, Inc., NatureWorks LLC., Amcor limited, 3M Company and others

Tier 2 analysis: The mid-level players of peelable lidding films market are Plastopil Hazorea, Wipak Walsrode GmbH & Co. KG, Clifton Packaging Group Limited, Golden Eagle Extrusions Inc., RPC bpi protect, KWH Plast Schur Flexibles Ltd, Reifenhäuser Group and others.

Tier 3 analysis: The emerging players of peelable lidding films market are Guangdong Lihong Packaging Co., Ltd., Lynnpak Packaging Ltd., Cosmo Films Ltd and others.

Peelable lidding films market: Regional Overview

The global peelable lidding films market has been divided into seven key regions –

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

In terms of value and volume, the European region is expected to lead the overall peelable lidding films market. In Asia Pacific region peelable lidding films market is expected to expand at a CAGR of 7.2%, during the forecast period. Manufacturers in North American region are majorly focusing on collaboration activates to enhance the properties of peelable lidding films.

The research report presents a comprehensive assessment of the 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 research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Peelable lidding films market: Segmentation 

The peelable lidding films market is segmented into material type, end use and application type.

On the basis of material type, peelable lidding films market is segmented into:

  • Polyethylene terephthalate (PET)
  • Polyethylene (PE)
  • Low density polyethylene(LDPE)
  • High Density polyethylene(HDPE)
  • Polyester (PS)
  • Polypropylene(PP)
  • Polylactic acid (PLA)
  • Aluminum
  • Others

On the basis of end use, peelable lidding films market is segmented into:

  • Food & beverage industry
  • Pharmaceuticals
  • Cosmetics and personal care
  • Homecare
  • Others

On the basis of application type, peelable lidding films market is segmented into

  • Trays
  • Bowls
  • Cups
  • Cans & bottles
  • Containers
  • Jars
  • Others

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Report Highlights:

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

Topical Wound Agents Market 2021 : Overview, Drivers and Restraints, Segments, Dynamics, Supply & Demand And Forecast To 2021 – 2027

The global topical wound agents market has witnessed robust growth due to rising prevalence of chronic wounds in all age groups. Topical wound agents market is a witness to the presence of many local players which hold a huge market share in the Topical Wound Agents Market. There are huge opportunities for the manufacturers due to the large number of patients suffering from both acute and chronic wounds. The key players in the topical wound agents market are mainly focused on R&D to accelerate the development of novel drugs to increase their market share. Improved accessibility to healthcare services along with increasing awareness in patient population is expected to boost the growth of the topical wound agents market in developing economies. The topical wound agents market is anticipated to grow with double digit CAGR during the forecast period. 

Topical wound agents are medical preparations used to treat dermatological injuries. Topical wound agents are mainly formulated into emulsions, creams, oils, spray and others. A wide variety of agents are used for the management of both acute and chronic wounds. Topical wound agents are mainly used for controlling inflammation, infection and pain. NSAIDs & Analgesics were used to treat inflammation & pain. However, wound healing is a complex progress and is affected by both intrinsic and extrinsic factors. Infection delays the healing process and increases the risk of infections. To control the infection, mainly disinfectants are used and they are active against disease-causing microorganisms and include antiseptics and antibiotics. Antiseptics are broad-spectrum antimicrobials used to treat intact skin or open wounds. Antibiotics are agents that kill or inhibit the growth of microorganisms and are used against specific cells (narrow broad spectrum). Antibiotics are more susceptible to bacterial resistance and require a continuous change in treatment regimen. Topical antibiotics are more advantageous than systemic antibiotics due to fewer side effects and limited dosage errors.

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Topical Wound Agents Market: Drivers and Restraints

Rising prevalence of chronic wounds across the world will promote the growth of the topical wound agents market. Chronic wounds have a significant impact on quality of life, can lead to functional impairments as well as huge economic burdens. According to Wound Australia, the prevalence of chronic wounds is estimated to be from 1.1% to 26.7% in the hospital setting and it is around 6% to 29% in community setting. The economic burden of wound treatment is also very high, for example, annual treatment of managing wounds in the NHS has been estimated to be Euro 5.3 Bn. To control prevalence and this economic burden, governments have initiated many actions plans for wound management. Along with government initiatives, growing awareness about wound infections among the general population is fuelling the growth of the topical wounds agents market. Apart from these, increasing healthcare funding and improving healthcare facilities will also support the burgeoning growth of topical wound agents market.

Rising antibiotics concerns and lack of epidemiological data will restrain the growth of the topical wound agents market.

Topical Wound Agents Market: Region-Wise Overview

The global topical wound agents market can be segmented into the following regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding China & Japan, China, Japan and the Middle East and Africa. North America is dominant in the Global Topical Wound Agents market, mainly due to high awareness among the patient population. In North America, particularly the USA will hold the dominant position, mainly due to the high penetration. Economic conditions in the APAC region are set to drive the Topical Wound Agents market to new heights. APAC & Latin America is the fastest growing region in topical wound agents market due to improved healthcare services. Growth in the Middle East and African region is considerably less when compared to the other regions. However, North America would maintain its position in the Topical Wound Agents market and it is anticipated that emerging economies, such India, China, Brazil & Mexico, will witness highest growth rate in the Topical Wound Agents market.

Topical Wound Agents Market: Key Participants

Some of the key participants in the Topical Wound Agents market include Teva Pharmaceutical Industries Ltd., Novartis AG, Pfizer Inc., Johnson & Johnson, Mylan N.V., AstraZeneca Plc. and others. Companies are focused on formulating new dosage forms to increase the adoption of topical wound agents.

The research report presents a comprehensive assessment of the 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 research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Topical Wound Agents Market: Segmentation 

Segmentation of Topical Wound Agents Market based on Drug Type

  • NSAIDS
  • Antiseptics
  • Antibiotics
  • Others

Segmentation of Topical Wound Agents Market based on Dosage Forms

  • Creams
  • Lotions
  • Powders
  • Emulsions
  • Gels
  • Others

Segmentation of Topical Wound Agents Market based on Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies/Drugstores
  • E-Commerce

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Report Highlights:

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

Organ On A Chip Kit Market By Application, End-Use, Industry Analysis Report, Dynamics, Country Outlook, Application Potential, Forecast, 2021- 2028

Organ on a chip kits are likely to contribute to reduction of animal tests in preclinical drug development and drug candidate screening may increase efficiency. Increase in growth for lungs and kidney based organ culture devices and increase in research activities on organ on chip devices are the major factors which drive the overall market of organ on a chip kit market. On the basis of type of organ on a chip, lung on chip is expected to project the highest growth owing to increase in number of chronic disease and increase in awareness about the organ transplant during the forecast period. 

Organ on a Chip Kit: Market Insights

Organ on chip is a recently developed multidisciplinary field in which human cell biology and microfluidics are combined on top of lab on chip architecture. Organ on a chip is one of the fastest growing application in the research areas in life science and pharmaceuticals industries. Organ on a chip is multi-channel microfluidic cell which stimulates the physiological response, activities and response of the organ and organ system, type of artificial organ. Increasing in adoption organ on a chip will abolish the need for animals in toxin testing and drug development. Organ on a chip are used especially for research activity in the advanced biomedical engineering field such as bioMEMS, micro fabrication and microelectronics. Organ on chip creates new and innovative ways to culture cells and tissues which offer precise and continuous control during complete culturing process. Organ on a chip have significant impact on the improvement on the predictability of drug screening models and personalized medicines. Multiple organs can be placed on the chip and re interconnected to model the dynamics of human organism which is possible due to 3D cell culture, micro fluids and 3D printing technologies which allow the cultivation of cells from patients which reflects phenotype or genotype. Different companies and universities are continuously looking for better and new models in the development of drugs with collaboration with different manufacturing companies. In the long term, the organ on a chip technology helps in the advanced human based and personalized research and development of drugs.

Organ on a chip kit: Market Dynamics

Increase in innovation in drug development and growing prevalence of chronic disease such as respiratory disease, heart failure and other disease drive the market of organ on a chip kit market. Rising awareness among the population towards better healthcare devices propel the growth of organ on a chip kit market globally. Increase in healthcare expenditure and increase rate of organ transplant is expected to boost the demand of organ on a chip kit market during the forecast period. However, high cost associated with the kit of organ on chip and lack of adoption of innovative technology in the under developed economies hamper the growth of the organ on a chip kit market.

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Organ on a Chip Kit Market: Region-wise Outlook

On the basis of geography, global organ on a chip kit market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold largest shares in the global Organ on a Chip Kit Market primarily due to growing adoption of innovative technologies to cure disease which are chronic. Increase in research and development activities and rise in healthcare applications in North America drive the market of organ on chip kit.  Europe is anticipated to be the second in the revenues share. Asia Pacific region is anticipated to be the fastest growing region in organ on chip kit market owing to increase in investment in the research and development in the drug development and government initiative towards the improvement of healthcare expenditure. Latin America and Middle East & Africa is expected to show slow growth due to lack of awareness among the population and high cost associated with organ on a chip kit market in near future.

Organ on a Chip Kit Market: Key Players

Some of the key players present in global organ on a chip kit market are Micronit Microtechnologies B.V, F. Hoffmann-La Roche Ltd, MIMETAS B.V., Nortis, CN Bio Innovations, TissUse GmbH, Koninklijke Philips N.V., and others

The research report presents a comprehensive assessment of the 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 research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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.

Organ on a Chip Kit Market: Segmentation 

The global organ on a chip kit market is segmented by drug type and distribution channel:

Segmentation by Type

  • Heart on a chip
  • Lung on a chip
  • Kidney on a chip
  • Liver on a chip
  • Intestine on chip

Segmentation by End User

  • Hospital
  • Academic Research Institutes
  • Contract Research Organizations
  • Others

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Report Highlights:

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

Coagulation Disorders Market Key Players – Bio-Rad Laboratories, Hoffman-La Roche Ltd., Griflos S.A., Abbott, Becton Dickinson, B Braun, Fresenius Kabi, Haemonetics Corporation

Competition Outlook 

Examples of some of the key players in the coagulation disorders market are Bio-Rad Laboratories, Hoffman-La Roche Ltd., Griflos S.A., Abbott, Becton Dickinson, B Braun, Fresenius Kabi, Haemonetics Corporation, Immucor, Kidde-Fenwal and Macopharma,Quotient Limited, NOW Foods, Pure Micronutrients, Bayer AG, Nature’s Bounty Co., Sundown Naturals, Shaklee Corporation, MegaFood, Solgar Inc., Helena Laboratories, VitroScient, Guangzhou Wondfo Biotech, AB ANALITICA s.r.l. and Randox Laboratories

Coagulation disorder is a condition that affects the way blood normally clots. This clotting process is generally known as coagulation. For the blood to clot, the body requires certain proteins called clotting factors and blood cells called platelets. Normally, at the site of injured or damaged blood vessels, the clotting factors come together and form a fibrin clot. The clot helps in keeping the platelets in place and prevents the blood from flowing out. In people with coagulation disorders, the platelets or clotting factors don’t work the way they should or there’s a deficiency of clotting factors or platelets. When the blood doesn’t coagulate, it can lead to excessive or prolonged bleeding. Absence of the required number of platelets and clotting factors can also lead to sudden bleeding in the joints, muscles or other parts of the body. Majority of the coagulation disorders are inherited. However, some of the coagulation disorders may develop as a result of other medical conditions such as liver disease. Some of the common types of coagulation disorders are hemophilia A, hemophilia B, and Von Willebrand’s disease. The diagnosis requires various blood tests to be conducted such as Complete Blood Count (CBC) test and bleeding time test. The treatment of coagulation disorders vary depending on the type of bleeding and its severity. Though the treatment cannot cure coagulation disorders, they can help relieve the symptoms associated with it.

Factors Driving and Restraining the Coagulation Disorders Market

Government initiatives and an increase in healthcare expenditure have improved the quality of healthcare services. This has increase the demand for coagulation disorder test kits and treatments. Increase in the geriatric population will further drive the growth of coagulation disorders market. Increase in population has spurred the demand for diagnostic tests and treatments, this has spurred the growth of coagulation disorders market. However, high costs and risks associated with treatment and tests may have a negative impact on the coagulation disorders market. With technological advances these risks can be minimized. Stringent government regulations may also restrain the growth of coagulation disorders market.

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Regional Outlook

The global market for coagulation disorders is segmented into North America, Latin America, Europe, Asia Pacific, Japan, and Middle East & Africa. North America leads the coagulation disorders market. Increasing number of coagulation disorder cases and high adoption rate for various tests and treatment are attributed to North America’s high market share. Northern Europe is the second large market for coagulation disorders. A steady rise in the demand for test kits and treatments have accelerated the growth of coagulation disorders in Eastern Europe. A surge in the number of coagulation disorder cases and increase in demand for various treatments fuel the growth of coagulation disorders market in Asia Pacific.

Research Methodology

FMI utilizes a triangulation methodology that is primarily based on overall expenditure on life science research and R&D funding and capital equipment installed base to obtain precise market estimations and insights on life science and biotechnology associated products, technologies, applications and services. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country-specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of kits, reagents and consumables among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project year-on-year growth rates. These Y-o-Y growth projections are checked and aligned as per associated industry/product lifecycles and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse annual reports of various companies, investor presentations, SEC filings, 10k reports and earning call transcripts operating in the market to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at tier-level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as overall life science research expenditure, R&D funding, industry based demand driving factors impacting the market and its forecast trends apart from other macroeconomic factors.

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Key Data Points Covered in Report:-

  • Coagulation Disorders Market by Type, Test, End users and Region
  • Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end use segments and country
  • Coagulation Disorders Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size of Coagulation Disorders analysis, 2013 – 2017
  • Coagulation Disorders Market Size & Forecast 2018-2028
  • Competition & Companies involved.
Segmentation

By Type

  • Hemophilia A
  • Hemophilia B
  • Von Williebrand’s disease
  • Factor II, V, X, XII deficiencies
  • Others

 By Test

  • Complete Blood Count (CBC)
  • Platelet Aggregation Test
  • Fibrinogen Assay
  • Prothrombin Time Test
  • Others

By Treatment

  • Iron Supplementation
  • Blood Transfusion
  • Others

By End Users

  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Blood Banks

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Report Highlights

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

Straw Papers Market By Excellent Opportunities, Industry Growth, Size, And Statistics Forecasts Up To 2031

Newly released data from straw papers market analysis shows that global market demand for straw papers is estimated to register a CAGR of ~5.7% during the forecasted period and reach thousands of tonnes by 2031. The increasing demand for sustainable packaging and cutlery solution from consumers across the globe is anticipated to drive the market growth.

Global Straw Papers Market: Market Outlook

Straw papers are commonly specialty papers that are categorized as food grade for their properties to not alter or interfere with the initial composition of food or beverage products.

The rising inclination of consumers across the globe towards sustainable packaging and cutlery solutions coupled with the consistent efforts of the national governments and international organizations to tackle the issue of drastically growing plastic waste is augmenting the demand for paper-based solutions.

Paper straws are easily disposable and biodegradable making them a favorable product to replace plastic straws. These factors are positively influencing the growth of the straw papers market.

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What are the Key Trends Impacting Growth of the Straw Papers Market?

Paper straws are gaining tremendous popularity among many multinational fast food and beverage brands like Starbucks Corporation, McDonald’s and Nestlé S.A. among many others. Many of these organizations have replaced plastic straws from their products with paper straws.

This helps these companies achieve their sustainability goals and attract more consumers that are averse to plastic packaging and cutlery products. The increasing adaption of paper straws by global players is one of the trends that is bolstering the market growth for straw papers.

How is Growing Recycled Paper Industry Reshaping the Straw Papers Market?

According to the report published by the Bureau of International Recycling  in 2020, around 420 million tonnes of paper and cardboard are manufactured every year, out of which over half is recycled.

Recycled paper is preferred by the manufacturers as it significantly reduces the emission of greenhouse gases which helps them reduce their carbon footprint, and it also takes around 70% less energy and water to manufacture recycled paper compared to manufacturing virgin paper from plants. These factors are driving the consumption of recycled paper in the straw papers market.

What are the Key Challenges that may Restrain Growth of the Straw Papers Market?

While the straw papers are biodegradable, the number of straws ending up at composting facilities is very less and that raises a concern regarding the increasing waste. However, there are straws available in the market made from glass and metal which are more sustainable alternatives and are reusable.

These are gaining popularity among the consumers as most of these straws are dishwasher friendly and the glass straws do not compromise the taste at all. The straw papers market growth might be restrained as a result of the increasing popularity of straws made from glass or metal.

Competitive Landscape

Key global players such as

among others are in the straw papers market.

What Strategies are the Key Players adopting to Increase their Market Share in the Straw Papers Market?

Key players in the straw papers market are adopting a combination of strategies to increase their market share. The key players in the market are making strategic partnerships with straw manufacturers across the globe in an attempt to enhance their geographical footprint. Launching innovative paper straws in partnerships with regional players is another strategy adopted by the manufacturers to increase their market share.

For instance, in December 2020, Nestlé Brazil introduced paper straws from SIG on all NESCAU carton packs. This move of changing to SIG’s paper straw is projected to prevent the use of up to 300 million plastic straws per year by Nestlé.

Further, in July 2019, together with the Paper Straw Co, BillerudKorsnäs AB launched the first functional 180° U-Bend straw, made out of paper.

What are the Key Opportunities for Straw Papers Market Manufacturers?

In the market for straws majority of the market share is covered by plastic straws which are readily available in abundance. The manufacturers of straws are using plastic material as it offers benefits like longer durability when in contact with liquid, no interference with the taste of the product and comparatively economical than the available alternatives.

The straw paper manufacturers have the opportunity to launch innovative paper solutions that can provide better physical characteristics. Innovation can be a game-changing opportunity for manufacturers that will provide them with an edge over competitors in the straw papers market and help to capture maximum market share.

Why will the India Generate Significant Opportunities for the Straw Papers Market Players?

The beverage industry in India is rapidly evolving as a result of the growing demand from the increasing urban population and rising per capita expenditure. Many multinational brands in the beverage industry are entering the Indian markets or increasing their geographical footprint in the country to capture the growing demand.

Further, the growing number of startups entering the beverage industry with new and innovative products is projected to support the growth of the beverage industry in the country. The rapid evolution of the beverage industry in the country is anticipated to create revenue-generating opportunities for the players in the straw papers market.

What is the Impact of the Pandemic on the Growth of the Straw Papers Market?

The repercussions of the COVID-19 pandemic on the straw papers market were not severe. However, the negative impact suffered on the growth of the target market was majorly due to the restriction on the logistics and supply of nonessential products.

The market scenario is changing and gaining pace rapidly with the ongoing ease of restrictions and lifting of lockdowns across the globe and is anticipated to expand at a higher CAGR compared to the period before the pandemic.

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Key Segments of Straw Papers Market Covered in the Report

Based on Pulp Type:

  • Virgin
  • Recycled

Based on Application:

  • Straight
  • U bend
  • Telescopic

Based on End use:

  • Fruit Juices
  • Cocktails
  • Milkshakes
  • Soft Drinks
  • Alcoholic Beverages
  • Other Beverages

Based on the Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Pharmaceutical Thermal Analysis Market Overview, Application, Regional Outlook, Competition Outlook, Research Methodology, Segmentation, End Users Forecast To 2021 – 2028

Any pharmaceutical substance, whether solid, liquid or semisolid, can be characterized and analyzed using thermal analytical techniques. Pharmaceutical thermal analysis is both dynamic and diverse and pharmaceutical thermal analysis techniques are important methods for characterizing the properties and structures of pharmaceutical products. These techniques are used to analyse changes in specific properties and the analysis provides insights into the thermodynamics and kinetics involved. Various properties are analyzed using different techniques – Differential Scanning Calorimetry studies enthalpy, Differential Thermal Analysis studies and tracks the difference in temperature, Thermogravimetric Analysis measures the mass of the analyte and Dynamic Mechanical Analysis analyzes the deformity in the analyte. Although pharmaceutical thermal analysis is not a new field, more advanced techniques, applications and instruments are constantly appearing in the pharmaceutical industry. 

Conventionally, pharmaceutical thermal analysis was mainly employed in research and development, but it has gained substantial influence in the pharmaceutical industry over the years. Commercially, advancements in techniques and applications have become extremely important to the pharmaceutical industry as they increase the sensitivity and decrease the time taken considerably. The dramatic decrease in the time taken will account for enormous economic benefits. Pharmaceutical thermal analysis tools can be found in nearly all analytical development and formulation laboratories within the pharmaceutical industry.

Recent Developments in Pharmaceutical Thermal Analysis Market

Initially, there were primarily two differential scanning calorimetry instruments – Power Consumption Differential Scanning Calorimetry and Heat Flux Differential Scanning Calorimetry Analyzer. However, recent advancements in techniques of differential calorimetry analysis have given rise to two more versions – Modulated DCS and Tzero DCS – with significant improvements in resolution and sensitivity. These advanced technologies result in accurate characterization of a wide range of crystalline and amorphous pharmaceutical materials including proteins, tablets and frozen solutions.

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Factors Driving the Pharmaceutical Thermal Analysis Market

The global market for pharmaceutical thermal analysis market is driven by analytical developments within the industry, which illustrates the importance of analytical methodologies. Pharmaceutical thermal analysis offers versatile tools for the successful analysis and development of pharmaceutical products. It also plays a substantial role in research and development, enabling research organizations to explore the properties of various materials.

Regional Outlook

Geographically, the pharmaceutical thermal analysis market can be segmented into North America, Latin America, Europe, Asia Pacific, Japan and Middle East & Africa. North America accounts for the largest share of the pharmaceutical thermal analysis market, which can be attributed to the increasing industrial R&D expenditure and the availability of public and private funding for research studies. Europe is pegged to be next in line with a substantial market share, followed by Asia Pacific.

Competition Outlook

Some of the key players in the pharmaceutical thermal analysis market are Waters (US), NETZSCH (Germany), LINSEIS (Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and Shimadzu (Japan), Particle Technology Labs Ltd, RJ Lee Group Inc., Harper International Corporation, Westmoreland Mechanical Testing & Research Inc., Particle Technology Labs Ltd, RJ Lee Group Inc., TE Connectivity India Sales Office, Anderson Materials Evaluation Incorporated, Harper International Corporation and Westmoreland Mechanical Testing & Research Inc.

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Research Methodology

FMI utilizes a triangulation methodology that is primarily based on the overall expenditure on life science research and R&D funding and capital equipment installed base to obtain precise market estimations and insights on life science and biotechnology associated products, technologies, applications and services. The bottom-up approach is always used to obtain insightful data for the specific country/regions. The country-specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of kits, reagents and consumables among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project year-on-year growth rates. These Y-o-Y growth projections are checked and aligned as per associated industry/product lifecycles and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse the annual reports of various companies, investor presentations, SEC filings, 10k reports and earning call transcripts operating in the market to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at tier-level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as overall life science research expenditure, R&D funding, industry based demand driving factors impacting the market and its forecast trends apart from other macroeconomic factors.

Key Data Points Covered in Report:

  • Pharmaceutical thermal analysis market by technique, application, end users and region
  • Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end use segments and country
  • Pharmaceutical thermal analysis market dynamics & opportunity assessment
  • Historical actual market size of pharmaceutical thermal analysis, 2013 – 2017
  • Pharmaceutical thermal analysis market size & forecast, 2018 – 2028
  • Competition & companies involved
Segmentation

The pharmaceutical thermal analysis market can be segmented on the basis of the following parameters:

Technique:

  • Differential Scanning Calorimetry (DSC)
  • Heat flux DSC
  • Power-compensation DSC
  • Modulated Temperature DSC
  • Tzero-DSC
  • M-DSC
  • Differential Thermal Analysis (DTA)
  • Thermogravimetric Analysis (TGA)
  • Dynamic Mechanical Analysis (DMA)

 Application:

  • Polymorphism
  • Solid Dispersion System
  • Lypophilization Optimization

End Users:

  • Pharmaceutical Manufacturers
  • Academic Research Centers

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Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • China
  • Middle East & Africa

Report Highlights:

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

Pharmaceutical Dosage Form Testing Systems Market Key Players- SOTAX AG, ABC Laboratories, Almac, Dalton Pharma Services, GEA Process Engineering, Micromeritics Instrument Corporation

The global pharmaceutical dosage form testing systems market is expected to register a significant CAGR over the forecast period. Several regulations imposed by various organizations, such as the U.S. FDA, across the globe necessitate quality checks in the manufacturing of pharmaceutical drugs to ensure the quality, efficacy, and safety of capsules and tablets, which in turn is anticipated to boost the demand for pharmaceutical dosage form testing systems. The introduction of advanced technology based dosage form testing systems is also driving the growth of the global pharmaceutical dosage form testing systems market. 

However, the high price of pharmaceutical dosage form testing systems may act as a restraint for the global pharmaceutical dosage form testing systems market over the forecast period. Additionally, the dearth of skilled personnel for operating pharmaceutical dosage form testing systems is also creating a hurdle for the growth of the said market.

Pharmaceutical dosage form testing systems are used to verify the efficacy and bioavailability of a drug formulation. The evaluation and assessment of a tablet’s chemical, physical, and bioavailability properties are especially important in tablet design and for monitoring product quality. Various standards should be used to control the pharmaceutical quality of tablet dosage forms. The standard QC tests carried out on tablets include weight variation, content uniformity, diameter and thickness, hardness, friability, disintegration, and dissolution. It is imperative to test for formulary stability and potential drug degradation. Dosage form testing also verifies the physical strength of formulation. Pharmaceutical dosage form testing systems have additional features such as vibration-free tablet separation, auto separation and auto alignment.

Numerous tests are performed at every stage of production to ensure that quality is not compromised and that Good Manufacturing Practices are followed. Quality checks are crucial to the pharmaceutical industry as they guarantee the patient a safe and effective product and further, protect the manufacturer against compensation claims.

Pharmaceutical dosage form testing systems ensure that a quality end product reaches the end consumer, which is a key factor anticipated to propel the demand for pharmaceutical dosage form testing systems worldwide.

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Regional Outlook

On the basis of regional presence, the global pharmaceutical dosage form testing systems market can be segmented into eight key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China and Japan (APCEJ), China, Japan and Middle East & Africa. North America is pegged to dominate the global pharmaceutical dosage form testing systems market with a leading share in terms of revenue. The market in the region is expected to register significant growth over the forecast period, owing to technological advancements and the presence of developed medical infrastructure. Europe, followed by North America, is slated to hold a moderate share and register a healthy growth rate in the global pharmaceutical dosage form testing systems market.

APECJ and China are emerging as lucrative markets for pharmaceutical dosage form testing systems and are anticipated to register significant shares over the forecast period due to the increasing demand for these systems and developing medical infrastructure in the regions. Latin America and MEA are at a nascent stage in the global pharmaceutical dosage form testing systems market and are expected to exhibit moderate growth over the forecast period, owing to the increasing medical facilities in these regions.

Market Participants:

Some of the market players in the global pharmaceutical dosage form testing systems market include SOTAX AG, ABC Laboratories, Almac, Dalton Pharma Services, GEA Process Engineering, Micromeritics Instrument Corporation, Quality Chemical Laboratories and SCYNEXIS, Inc.

The report covers exhaustive analysis on:

  • Pharmaceutical dosage form testing systems market segments
  • Pharmaceutical dosage form testing systems market dynamics
  • Historical actual market size, 2013 – 2017
  • Pharmaceutical dosage form testing systems market size & forecast 2018 to 2028
  • Pharmaceutical dosage form testing systems market current trends/issues/challenges
  • Competition & companies involved
  • Pharmaceutical dosage form testing systems market drivers and restraints

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Regional analysis includes

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding China and Japan (APECJ)
  • China
  • Japan
  • Middle East & Africa
Segmentation

The global pharmaceutical dosage form testing systems market can be segmented on the basis of device type, dosage type, test type and end user.

On the basis of device type, the global pharmaceutical dosage form testing systems market can be segmented into:

  • Automated System
  • Semi-automated System

On the basis of dosage type, the global pharmaceutical dosage form testing systems market can be segmented into:

  • Capsule
  • Tablet

On the basis of test type, the global pharmaceutical dosage form testing systems market can be segmented into:

  • Friability Test
  • Hardness Test
  • Disintegration Test
  • Content Uniformity Test
  • Dissolution Test
  • Other

On the basis of end user, the global pharmaceutical dosage form testing systems market can be segmented into:

  • Pharmaceutical Companies
  • Research Organizations
  • Others

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Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

India Alcohol Market is predicted to record at a CAGR of 7.4%, amassing US$ 68 Billion by the end of 2026

The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

India’s Alcohol Market: Report Highlights

Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)

In 2016, more than 1,800 million litres of strong beer was consumed in India

By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues

Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR

Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

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Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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The key segments covered in this report are:

By Type

IMFL

Brandy and Cognac

Rum

Whiskies

White Spirits

Others

Beer

Mild

Strong

Wine

Red Wine

White Wine

Rose Wine

Country Liquor

By Make

Imported Liquor

Indian Made Foreign Liquor

Foreign Liquor Bottled in India

Indian Made Indian Liquor

By Gender

Male

Female

By Ingredients

Grains

Molasses

Fruits and Vegetables

By Distribution Market

Government Controlled

Open Market

Auction Market

By Region

South Zone

North Zone

East Zone

West Zone

 

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Demand for Microalgae in the Personal Care and Cosmetics Sector Market value is expected to reach US$ 76.50 Million by 2031

Microalgae is extensively used for its antioxidant properties that promote skin health by increasing moisture retention, and elasticity, surpassing other carotenoids and commonly used antioxidants. According to a recent report by Future Market Insights the demand for microalgae in the personal care and cosmetics sector is expected to cross US$ 76.5 Mn by 2031.

A series of human studies conducted by numerous leading companies in this field including BASF SE, BGG, and Fuji Chemical Industry suggested that microalgae could visibly and significantly reduce the depth of wrinkles and the appearance of skin texture, by minimizing age spots, while improving moisture content.

Microalgae is gaining interest for its roles as a preventative and reparative anti-aging agent. Microalgae helps to protect eyes from oxidative stress and radiation. Species such as chlorella is helpful for prevention of eye diseases.

Zeaxanthin is a photoprotective pigment found in plants and algae that displays stronger antioxidant activity than other plant sources. Zeaxanthin, like lutein, plays a protective role and aids in eye healing. These factors are encouraging the production and consumption of microalgae eye products.

For Instance, in April 2019, Microalgae ingredient specialist AlgaTechnologies Ltd. (Algatech) launched a new product within its astaxanthin product line – AstaPure EyeQ – a microencapsulated, cold water-soluble, 2 percent astaxanthin powder, marketed for promoting superior vision functionalities.

Key Takeaways from the Demand for Microalgae in Personal & Cosmetics Sector Study:

The U.S. is estimated to account for 89.9% of the North America market in 2021, supported by a strong clean label movement in the American personal care industry. China is estimated to account for 41.9% of the Asia Pacific in 2021, driven by easy access to raw materials and lower labour costs. Germany accounted for over 17% of the Europe market in 2021, driven by concerns over the side effects of synthetic ingredients in conventional cosmetics. Fresh water microalgae will reflect an above average 3.7% CAGR through 2031 owing to easier availability and higher yield. Spirulina products account for over 38% of the market, owing to widespread cultivation and cost-effective yields for personal care and cosmetics manufacturers.

“Consumers value quality above all. As a result, companies engaged in microalgae-based products manufacturing are investing in R&D to offer high-quality products, while focusing on adopting cutting-edge technology that will enable players to maintain premium standard in the personal care and cosmetics sector,” said a lead analyst at FMI.

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Who is Winning?

Manufacturers of cosmetic ingredients have started customizing their products to suit the needs of their clients, and the applications for which such ingredients are required. Moreover, the increasing demand for clean label and natural products in the cosmetic and personal care industry has pushed manufacturers to invest in R&D facilities to innovate products as per market trends.

Some of the leading companies offering microalgae in the personal care and cosmetics sector are  DIC Corporation , Cyanotech Corporation, Koninkliijke DSM NV, Roquette Frères, BASF SE, Fuji Chemical Industries Co., Ltd., Parry Nutraceuticals, BGG (Beijing Gingko Group), KDI Ingredients, Sinoway Industrial Co., ltd. , INNOBIO Corporation Limited, Yunnan Alphy Biotech Co., Ltd, Algaecan Biotech Ltd., Algatechnologies Ltd., Cardax, Inc., Igene Biotechnology, Inc., Fenchem Biotek Ltd., AstaReal Inc., Valensa International, Kunming Biogenic Co., Ltd., and others.

Demand for Microalgae in Personal Care & Cosmetics Sector by Category

By Species Type:

Spirulina

Chlorella

Dunaliella

Haematococcus

Schizochytrium

Euglena

Nannochloropsis

Nostoc

Phaedactylum

Others

By Source:

Marine Water

Fresh Water

By End Use Application:

Fragrance

Hair Care

Hair Removal

Hair Conditioning & Shampoos

Hair Color

Eye Care

Skin Care

Anti-ageing

Acne Preparations

Moisturizers

Skin Whitening Creams

UV-protection

Others

Oral Care

Cosmaceuticals

Others

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By Region:

North America

Latin America

Europe

Asia Pacific

Middle East and Africa (MEA)

Air Fryer Market is expected to reach US$ 1,861.4 Million by the end of 2031

According to Future Market Insights (FMI), the market for air fryers is expected to reach US$ 1,861.4 Mn by the end of 2031, rising at a CAGR of over 7% between 2021 and 2031.  Rising health & fitness concerns among consumers will remain a driving influence. Offerings with multi-functional cooking features will reflect higher demand.

Advancements in product features, and growing consumer interest towards technology-led products have changed the small appliances industry. Consequently, manufacturers have introduced air fryers with traditional oven functionalities. This enables benefits of accessibility, saves kitchen space, and offers a larger cooking capacities.

The rapid rise of the e-commerce industry, higher consumer incomes, and advances in intelligent cooking technologies are spurring market growth. Adoption of air fryers in residential and commercial sectors is also a contributory factor driving market growth.

Hectic lifestyles and the resultant demand for healthy diets has influenced cooking appliance manufacturers. As a result, modern air fryers are designed to reduce cooking time without compromising on nutrition. Also, air fryer market participants have invested heavily in research and development activities to improve flexibility in cooking operations.

Increasing consumer inclination towards energy efficiency and eco-friendly product features is expected to generate growth opportunities. Stringent safety standards drafted by environment regulatory bodies such as the EPA (Environmental Protection Agency) have given rise to ENERGY STAR specifications to reduce GHG (Greenhouse gas) emissions, which will positively influence developments in the long-term.

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Key Takeaways

The United States is expected to remain a prominent regional market due to high preference for oil-free food amongst health-conscious consumers.

Strong growth is emerging from emerging economies of India, China, Saudi Arabia, and Russia, driven by changes in urban lifestyles.

In terms of product type, digital air fryer held notable share in the global air fryer market owing to consistency in food quality.

Residential sector is expected to experience steady growth within the global air fryer market space over the forecast period.

Impact of COVID-19 & 2020 Market Analysis

During the COVID-19 outbreak, air fryer manufacturing companies have been severely impacted owing to disrupted supply chains in terms of raw materials and components. Lockdown restrictions led to short-term halt in production, while sales are bouncing back in 2021. Air fryers are emerging as essential equipment in kitchens with the increasing focus on a healthy lifestyles.

The outbreak has also resulted in substantial growth of categories including cleaning and hygiene products. The growth of the e-commerce sector is also a positive influence as companies focus on expanding their distribution networks to online channels to cater to surging consumer demand. However, brick and mortar retail stores suffered through the Covid-19 lockdown period. The change in buying patterns bolstered sales through e-commerce platforms, which will continue in the long-term.

Rising incorporation of smart technologies in domestic electronic appliances is expected to remain a prevailing trait during the forecast period. Digital air fryers are increasingly recognised standard equipment in modern kitchens. This is attributed to the features like convenient access with remote operation features,” says an FMI analyst.

Who is winning?

The report highlights some prominent players in the global air fryer market, which include Koninklijke Philips N.V, Newell Brands, Inc., Stanley Black & Decker, Inc., Breville Group Limited ,Groupe SEB, SharkNinja Operating LLC (CDH Private Equity), Cuisinart Corporation (Conair Corporation, Meyer Manufacturing Company Limited, GoWISE USA (Ming’s Mark Inc.), among others. Market players are primarily focused on marketing campaigns to promote their products and create brand awareness among consumers, with social media campaigns gaining notable traction.

In July 2020, SharkNinja Operating LLC introduced the new Ninja Foodi 2-Basket Air Fryer. The fryer has a two-basket cooking system feature for additional versatility compared with traditional air fryers. The air fryer’s 8-quart capacity and Dual Zone technology helps the user cook two foods in two ways, and finish at the same time.

In 2019, Koninklijke Philips N.V introduced Airfryer XXL with smart sensing technology. The technology simplifies the cooking process with a unique fat removal technology, with the fat being captured in the bottom tray of the fryer for easy disposal. Additionally, the air fryer can bake, grill and roast.

Product launches will remain a key strategy adopted by market players to gain competitive advantage. Leaders in the air fryer market are introducing products which fulfil the needs of customers.

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Get Valuable Insights into Air Fryer Market

Future Market Insights, in its new proposing, provides an unbiased analysis of the global air fryer market, presenting demand data (2016-2020) and forecast analysis for 2021-2031. The study divulges compelling insights on the air fryer market based on the device type (manual, and digital), wattage (below 1200 watt, 1200-1500 watt, 1500-1800 watt, 1800-2200 watt, and 2200 & above), end-use (commercial, and residential), price range (below US$ 25, US$ 25-US$ 100, US$ 100-200, US$ 200-US$ 300, US$ 300 & above), and sales channel (direct sales, supermarket/hypermarket, departmental stores, specialty stores, online retailers, and other sales channel) across seven major regions.

Air Fryer Market by Category

Device Type

Manual

Digital

Wattage

Below 1200 Watt

1200-1500 Watt

1500-1800 Watt

1800-2200 Wattage

2200 Wattage & Above

End Use

Commercial

Residential

Price Range

Below US$ 25

US$ 25 – US$ 100

US$ 100 – US$ 200

US$ 200- US$ 300

US$ 300 & Above

Sales Channel

Direct Sales

Supermarket/Hypermarket

Department Stores

Specialty Stores

Online Retailers

Other Sales Channel

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Region

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East and Africa (MEA)