Market Research Blog – Page 3698 – New Product Development

Clay-Coated Paper Market Poised for Moderate 3.0% CAGR Growth: Driving Forces and End-Use Verticals Explored

The future outlook for the clay-coated paper market appears promising, with sustained growth anticipated across various end-use verticals. Projections indicate a moderate Compound Annual Growth Rate (CAGR) exceeding 3.0% during the forecast period from 2022 to 2032. As demand for different types of paper continues to rise, manufacturers seek innovative ways to enhance paper quality, printability, and aesthetics. Clay-coated paper emerges as a preferred solution due to its ability to impart surface gloss, weight, smoothness, and reduced ink absorbency.

The market’s growth trajectory is fueled by increasing demand from sectors such as painting, packaging, electrical & electronics, automotive, and more. Clay-coated paper’s unique characteristics, including improved brightness, opacity, and ink receptivity, make it indispensable across diverse industries. Moreover, its role in enhancing print quality and visual appeal further drives its adoption.

With ongoing advancements in paper manufacturing techniques and a growing emphasis on sustainable packaging solutions, the clay-coated paper market is poised to witness sustained expansion, catering to evolving industry needs and consumer preferences.

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Future Growth Opportunities:

Increased Demand for Sustainable Packaging: As environmental concerns continue to rise, there will be a growing demand for sustainable packaging materials like clay coated paper, which offers recyclability and biodegradability, thus presenting significant growth opportunities in the market.
Expansion of E-commerce and Online Retail: The continued growth of e-commerce and online retail sectors will drive the demand for clay coated paper packaging solutions for shipping boxes, mailers, and product packaging, presenting a lucrative growth opportunity for manufacturers.
Innovation in Printing and Packaging Technologies: Advancements in printing and packaging technologies will enable the development of high-quality, customizable clay coated paper products with improved printability, finish, and performance, attracting new customers and market segments.
Rise in Food Service Industry: The growing food service industry, including fast food chains, restaurants, and cafes, will drive the demand for clay coated paper for packaging food items such as takeout containers, cups, and wrappers, presenting opportunities for market expansion.
Focus on Branding and Marketing: Clay coated paper’s ability to provide vibrant colors and high-quality printing surfaces makes it an attractive option for branding and marketing materials, thus creating growth opportunities in the advertising, promotion, and packaging sectors.

Trends in the Clay Coated Paper Industry:

Shift Towards Sustainable Materials: There is a growing trend towards the use of sustainable materials in packaging and printing, driving the adoption of clay coated paper as an eco-friendly alternative to traditional packaging materials.
Customization and Personalization: Clay coated paper manufacturers are focusing on offering customizable and personalized solutions to meet the specific requirements and preferences of customers, including unique finishes, colors, and branding options.
Integration of Digital Printing Technologies: The integration of digital printing technologies allows for cost-effective, on-demand printing of clay coated paper products with high-resolution graphics, shorter lead times, and reduced waste, driving industry innovation and efficiency.
Expansion into New Application Areas: Clay coated paper is expanding its application beyond traditional packaging and printing sectors into industries such as pharmaceuticals, cosmetics, and electronics, where high-quality, visually appealing packaging is essential for product differentiation and branding.
Emphasis on Food Safety and Compliance: With increasing regulatory scrutiny and consumer demand for food safety, clay coated paper manufacturers are prioritizing compliance with food contact regulations and standards to ensure product safety and integrity in food packaging applications.

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Key Points:

1. The global clay-coated paper market is set to achieve a moderate CAGR of over 3.0% between 2022 and 2032.

2. Increased demand for clay-coated paper is being driven by diverse industries, including painting, packaging, electrical & electronics, and automotive.

3. Manufacturers are exploring innovative methods to enhance paper quality by incorporating materials like clay, resulting in improved surface gloss, weight, smoothness, and reduced ink absorbency.

4. Clay-coated paper is becoming increasingly popular as an alternative to meet the growing need for glossier and more printable paper types.

5. The market’s growth reflects the industry’s response to the rising demand for specialized paper products across multiple sectors.

The clay coated paper market is also benefiting from technological advancements in printing and coating technologies. New innovations in digital printing, for example, are allowing companies to create highly customized, on-demand packaging designs with greater efficiency and cost-effectiveness than ever before. Similarly, advances in coating technologies are enabling manufacturers to produce clay coated paper with a wide range of functional properties, such as water and grease resistance, that are important in many packaging applications.

Overall, the global clay-coated paper market is expected to continue growing in the coming years, driven by increasing demand for sustainable and customizable packaging solutions in a variety of industries. As new technologies and innovations continue to emerge, the market is likely to become even more competitive, with manufacturers competing to create the most efficient, cost-effective, and environmentally friendly clay coated paper products.

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Key Segmentation:

By Clay Type:

Round Clay
Flat clay

By Weight:

Up to 200 GSM
201 GSM to 250 GSM
251 to 300 GSM
Above 301 GSM

By Application:

Labels
Release Liners
Magazines
Books
Others

By End Use:

Painting
Printing
Packaging
Food & Beverages
Electrical & Electronics
Automotive
Healthcare
Other Consumer goods

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & Africa

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

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

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Sales Enablement Platform Market Thrives: Surges to $2.4 Billion in 2022, Poised for $11 Billion by 2032

The global sales enablement platform market is projected to create an absolute dollar opportunity over the forecast period by registering a robust CAGR of 16.2% from 2022 to 2032. The global market is likely to exhibit a year-on-year increase of around 20%. The market totaled US$ 2.4 Billion in 2022 and is likely to propel to US$ 11 Billion by 2032. According to the historical analysis conducted by Future Market Insights, the global sales enablement platform market garnered a valuation of US$ 2 Billion in 2021. The current growth of the market is attributed to the growing support from various governmental organizations over the upcoming years.

Surging demand for sales enablement is attributed to its increased usage in various industries across the globe along with increasing investments by numerous companies. Furthermore, the emergence of the latest technologies such as Artificial Intelligence and machine learning is fueling the need for sales enablement among key enterprises in order to identify potential customers. Key market players are focusing on improving their growth opportunities which are expected to drive market growth across the assessment period.

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The rising deployment of advanced technology is used to promote manufacturing sales growth, effective planning, and improving the sales operation with the help of effective content. In addition to that, propelling the adoption of various cloud-based services such as Artificial Intelligence (AI) and Machine Learning (ML) for sales enablement platforms is expected to boost the demand for sales enablement platforms across the world. Sales enablement refers to the process through which the sales team efficiently processes data, information, resources, and other tools helpful in engaging and nurturing prospects across the journey of the buyers.

Key Takeaways

The rising penetration of mobile technology across the globe is able to efficiently enhance the growth of the sales enablement platform market. Moreover, increasing penetration of the internet and other communication devices is expected to augment the market growth.
Attributing to the changing buying behavior, it is vital to cater to the broad spectrum of consumers and offer them the right services. This, in turn, triggers the growth of the sales enablement platform market.
As per FMI analysis, the deployment model sector is predicted to account for remunerative opportunities for the global sales enablement platform market. Moreover, several developing economies are focusing on making significant developments in their technological budgets. These aforementioned factors are anticipated to offer lucrative opportunities to players in the market.
Owing to its cost-effectiveness and operational efficiency, the global sales enablement platform finds its utilization in all sizes of business organizations. Furthermore, many companies across the globe are rapidly adopting the sales enablement platform as it allows their sales and marketing teams to enhance their efficiencies in various areas like sales communication and training.
The global sales enablement platforms are designed primarily to assist organizations to reach high-potential prospects. They are deployed to increase the organization’s conversion rates and close high-value deals.
The sales enablement is specifically used for assisting clients to deploy the platform and design effective strategy and implementation. The platform is used to cater to the business-specific needs of organizations.
The expanding product portfolio and fulfilling demand of a particular consumer are likely to increase the growth of the sales enablement platform market over the assessment period.

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Competitive Landscape

A rising number of research activities and partnerships among prominent players all over the world is anticipated to augment the demand for the sales enablement platform market. Therefore, with the rising concern of increasing sales efficiency, the market is likely to witness notable opportunities for expansion in the forecast period. Moreover, the vendors are taking advantage of up-gradation and product differentiation to gain an edge over other competitors in the market.

Eminent players in the global sales enablement market are UPLAND SOFTWARE INC. , SEISMIC , HIGHSPOT , BIGTINCAN , MINDTICKLE and among others.

More Insights into the Sales Enablement Platform Market

North American region is anticipated to dominate the global sales enablement platform market by registering a CAGR of 16.0% from 2022 to 2032. The market is expected to garner revenue of US$ 3.9 Billion throughout the assessment period. The growth of the North American region is attributed to the presence of a modern technical hub in the region and the early adoption of technology.

Asia Pacific region is predicted to create lucrative growth opportunities by accounting for a 15.6% CAGR across the forecast period. China is predicted to have a significant contribution to the development of the market. The growth of the market can be attributed to the presence of evolving countries such as India, China, and Japan, among others. Key segments covered in the sales enablement platform market study as below:

Component:

Platforms
Services

Deployment Model:

On-Premises
Cloud-Based

Industry Vertical:

Manufacturing
Healthcare and Life Sciences
Media and Entertainment
IT and Telecom
BFSI
Other Industry Verticals

Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

Eco Funnel Market Set to Soar: Forecasts Show 9% CAGR, Reaching US$63 Billion by 2032

The eco funnel market is experiencing remarkable growth, projected to attain a striking CAGR of 9% throughout the forecast period. By 2032, it is expected to command a substantial market share of US$ 63 billion, a significant surge from its valuation of US$ 18 billion in 2020. This surge is primarily attributed to the rapid economic growth witnessed across various international markets due to globalization trends.

The demand for eco funnels stems from their crucial role as laboratory safety tools for collecting hazardous liquid waste. Their design effectively prevents the spread of toxic fumes and leaks from open chemical waste tanks, minimizing environmental contamination and adhering to safety regulations. As a result, eco funnels promote safer practices in laboratories and workshops while boosting market share through enhanced sales.

Their unique design, which precludes 99% of toxic fumes and minimizes vapor-caused fires and spills, underscores their importance in ensuring workplace safety and environmental protection. With such multifaceted benefits, the eco funnel emerges as a pivotal component in modern hazardous waste management practices.

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Future Growth Opportunities:

Expansion of Sustainable Practices Across Industries: As more industries and businesses prioritize sustainability, there will be an increased demand for eco-friendly alternatives like eco funnels in various sectors, including healthcare, laboratories, food and beverage, and manufacturing.
Government Initiatives and Regulations: Anticipated government regulations aimed at reducing single-use plastics and promoting sustainable alternatives will drive the adoption of eco funnels in both commercial and consumer settings, creating significant growth opportunities for manufacturers.
Technological Advancements in Material Science: Ongoing advancements in material science will lead to the development of innovative, eco-friendly materials for eco funnel production, enhancing durability, performance, and sustainability while reducing environmental impact.
Rise of Environmental Awareness and Conscious Consumerism: The growing awareness of environmental issues and increasing consumer preference for eco-friendly products will fuel the demand for eco funnels among environmentally conscious consumers, driving market growth.
Expansion into New Markets and Applications: The eco funnel market has the potential to expand into new markets and applications beyond traditional sectors, including outdoor recreation, travel, and household use, as consumers seek sustainable alternatives for everyday activities.

Trends in the Eco Funnel Industry:

Focus on Biodegradable and Compostable Materials: Eco funnel manufacturers are increasingly focusing on the use of biodegradable and compostable materials derived from renewable sources, offering environmentally friendly alternatives to conventional plastics.
Innovative Design and Functionality: Innovations in eco funnel design and functionality, such as collapsible designs, leak-proof seals, and ergonomic handles, enhance user experience and usability while meeting sustainability goals.
Partnerships and Collaborations for Sustainability: Collaborations between eco funnel manufacturers, environmental organizations, and retailers will facilitate the development and promotion of sustainable practices and products, driving industry growth.
Customization and Personalization: There is a growing trend towards offering customizable and personalized eco funnel options, allowing consumers and businesses to tailor products to their specific needs and preferences while promoting sustainability.
Integration of IoT and Smart Technologies: The integration of Internet of Things (IoT) and smart technologies into eco funnel designs enables features such as real-time monitoring of usage, refill reminders, and data collection for sustainability metrics, enhancing functionality and user engagement.

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Key Players

Chemglass Life Sciences LLC,
Cole-Parmer,
CP Lab Safety,
Fisher Scientific,

and many others are expected to contribute to the global eco funnel market share in recent years to come.
Due to the rapid rise of the majority of economies on an international market as a result of globalization, each company organization has boosted its research and development spending to fulfill the demand for the eco funnel and in order to get a competitive advantage over their competitors.
Manufacturers have increased their production capacity to meet the demand for the eco funnel due to an increase in potential customers and emerging growth in each economy of the world.

Key Segmentation:
By Diameter:
4 inches
8 inches
2 inches

By End Use:
Pharmaceuticals Industry
Nutraceuticals Industry
Chemical Industry
Automotive Industry
Petrochemical Industry

By Region:
North America
Latin America
Asia Pacific
Europe
Middle East and Africa

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Author

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

POS Terminal Market Surges: Revenue Hits US$ 68.2 Billion in 2021, Expected to Reach US$ 180.4 Billion by 2032

The POS terminal market generated $68.2 billion in 2021. The POS terminal market is anticipated to increase at a CAGR of 9.4% from 2022 to 2032 and reach roughly US$ 180.4 billion.

The provision of electronic devices and systems used in retail environments, including shops, eateries, and other companies, is referred to as the POS (point of sale) terminal market. A computer, a cash drawer, a printer, a card reader, and a display screen are frequently seen in POS terminals. They are compensated for overseeing sales transactions, collecting money, and giving consumers receipts.

Due to rising demand for cutting-edge features like mobile compatibility and contactless payments, as well as the expanding uptake of e-commerce and m-commerce, the POS terminal market is anticipated to expand in the upcoming years. Increasing use of credit and debit cards, rising disposable income, and increased need for quick and secure services are some of the factors propelling the market’s expansion.

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The POS terminal market generated 68.2 billion dollars in sales. The POS terminal market is anticipated to increase at a CAGR of 9.4% from 2022 to 2032, reaching around US$ 180.4 billion. Nearly 40% of revenues in the worldwide payments sector are attributed to POS systems. The market for POS terminals is expanding quickly as a result of factors including businesses increasingly using wireless payment systems and consumers having more access to a wider range of payment options, such as Visa (EMV) cards, EuroPay, and MasterCards.

Key Takeaways: POS Terminal Market

By component, POS terminal devices segment is anticipated to account for the leading share of 61.0% in the global demand for POS terminal in 2032.
By type, fixed POS segment is expected to dominant the market with the share of 84.3% in 2032 in the global POS terminal market.
By application, the adoption of POS terminal in healthcare sector is anticipated to grow at a CAGR of 12.7% between 2022 & 2032, while retail segment is currently dominating the market share.
North America is expected to lead the market followed by Europe in 2022. Asia Pacific is anticipated to emerge as the fastest growing region between 2022 & 2032.
The market in India is expected to progress at a CAGR of 16.0% through 2032.
In France, sales are expected to grow at a CAGR of 13.2% over the forecast period.

“Due to the COVID-19 outbreak, sectors like retail, healthcare, and other industries inclined towards adopting cashless payments. This further encouraged the POS terminal vendors to increase the production to meet the growing demand worldwide,” says FMI analyst.

Adoption of Contactless Payments is Spurring the Growth of POS Terminal Market

Customers can make contactless payments by simply waving their cellphones across payment readers. Making a contactless payment is easier and more convenient in comparison to card payments. As, it is both faster and more secure than PIN technology since it instantaneously delivers encrypted data to the point-of-sale gadget.

Contactless payments are made possible by NFC and EMV technology, which uses radio frequency to allow a smartphone and wireless cards to connect with a payment reader when they

are in close proximity. Contactless payments offered by Apple, Samsung, and Google are extremely safe since they are protected against fraud by numerous layers of protection.

Amid the COVID-19 pandemic, users are increasingly opting for contactless payments as notes and cards can spread the virus at the time of shopping. This is further boosting the adoption of contactless payments, which in turn is driving market growth.

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Security Challenges Posed by POS Systems Hindering the POS Terminal Market Growth

Point-of-Sale (PoS) data breaches by cyber criminals majorly attack to steal customers’ personally identifiable information (PII) such as credit card information, birth dates, government ID numbers, home addresses, medical records, phone numbers, financial information, email addresses, logins, passwords, and other personal information.

Prevention of sensitive and confidential information leak of consumers possess a huge challenge for POS systems, restraining the growth of market.

Competitive Landscape

POS terminal market players are focusing on strategic partnership to reinforce their presence in the high-potential markets. They are also focusing on collaboration with payment tech providers. Also, it has been observed that the players are focusing on innovations and the launching of new products in the POS segment. Some of the key developments in the facilities management market are mentioned below:

For instance, in October 2019, Equinox Payments, a provider of payment terminals, software, and services has announced a product integration with PioneerRx, a retail pharmacy software vendor. The Luxe 8500i payment pads from Equinox have now been successfully integrated into the PioneerRx pharmacy system. Equinox will be able to grow into the retail pharmacy market as a result of this.

POS Terminal Market by Category

By Component, POS Terminal Market Outlook is segmented as:

POS Terminal Devices

POS Software
Cloud-based
On-Premises

Services

Consulting Services
Integration & Implementation
Support & Maintenance

By Type, POS Terminal Market Outlook is segmented as:

Fixed POS
Portable/Mobile POS

By Application, POS Terminal Market Outlook is segmented as:

Restaurants
Hospitality
Healthcare
Retail
Warehouse / Distribution
Entertainment
Others

By Region, POS Terminal Market is segmented as:

North America
Europe
Asia Pacific
Middle East and Africa
South America

Author:

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

The Future Growth Trajectory of Inner Bulk Liners Market: A 5.2% CAGR Projection Signals a Booming Industry

The inner bulk liners market is poised for substantial growth, with projections indicating a rise from US$ 2,196.1 million in 2022 to a staggering US$ 3,645.9 million by 2032, reflecting a commendable Compound Annual Growth Rate (CAGR) of 5.2%. These liners, crucial components in large multilayer bags, corrugated boxes, and woven sacks, offer an impermeable barrier against external contaminants, ensuring the freshness and quality of packaged goods.

A significant driver of this expansion is the escalating demand for customized packaging solutions across various industries. As manufacturers seek efficient methods to preserve the integrity of their products, inner bulk liners emerge as reliable guardians against spoilage, pests, and pollutants, enhancing shelf-life and consumer satisfaction.

Furthermore, the liberalization of international trade laws and the surge in global exports and imports, especially in the FMCG & FMCD sectors, amplify the demand for inner bulk liners. These liners facilitate secure and hygienic transportation of goods, bolstering their indispensability in the logistics chain. With such promising prospects, the inner bulk liners market is poised to witness sustained growth, driven by evolving consumer preferences and dynamic trade landscapes.

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Key Points:

industry Growth Projection: The global Inner bulk liners industry is expected to grow from US$ 2,196.1 million in 2022 to US$ 3,645.9 million by 2032, with a CAGR of 5.2% during the forecast period.
Versatile Application: Inner bulk liners find utility in various packaging formats, including multilayer bags, corrugated boxes, multilayer paper bags, and woven sacks, making them adaptable to different industries and products.
Effective Sealing: These liners offer secure and leak-free sealing, ensuring the protection and integrity of the packaged goods.
Barrier Properties: Inner bulk liners act as a robust barrier against pests, insects, and external contaminants, providing a safeguard for the quality and freshness of food and beverage products.
Long Shelf Life: Manufacturers rely on inner bulk liners to extend the shelf life of their products, ensuring that they remain fresh and appealing to consumers over an extended period.

Business Growth Opportunities in the Inner Bulk Liners:

Expansion of the Chemical and Petrochemical Industries: The growing demand for inner bulk liners is driven by the expansion of chemical and petrochemical industries, which require efficient and reliable packaging solutions for the safe transport and storage of bulk liquids, powders, and granular materials.
Increasing Adoption in Food and Pharmaceutical Industries: The food and pharmaceutical industries are increasingly adopting inner bulk liners to ensure product integrity, hygiene, and compliance with regulatory standards during transportation and storage of sensitive materials such as ingredients, powders, and liquids.
Rising Demand for Flexible Packaging Solutions: The demand for flexible packaging solutions, including inner bulk liners, is rising due to their versatility, cost-effectiveness, and ability to optimize storage space while providing protection against contamination, moisture, and physical damage.
Focus on Sustainability and Environmental Regulations: Inner bulk liner manufacturers have opportunities for growth by offering sustainable and eco-friendly solutions that align with increasing environmental regulations and consumer preferences for green packaging alternatives.
Expansion into New Markets and Industries: Inner bulk liners have potential growth opportunities in emerging markets and industries such as agriculture, construction, and mining, where there is a need for efficient and reliable bulk packaging solutions for transporting and storing materials.

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Trends in the Inner Bulk Liners Industry:

Innovations in Material Technology: Inner bulk liner manufacturers are investing in material innovations to enhance performance, durability, and barrier properties, while also addressing specific requirements such as resistance to chemicals, moisture, and temperature fluctuations.
Customization and Tailored Solutions: There is a trend towards offering customized and tailored inner bulk liners to meet the unique requirements and specifications of different industries and applications, including specialized liners for hazardous materials, food-grade liners, and liners with anti-static properties.
Integration of Advanced Features: Inner bulk liners are increasingly incorporating advanced features such as anti-static additives, barrier films, and tamper-evident seals to enhance product protection, safety, and security during transportation and storage.
Emphasis on Hygiene and Cleanliness: With stringent hygiene and cleanliness standards in industries such as food and pharmaceuticals, inner bulk liner manufacturers are focusing on developing liners that meet or exceed regulatory requirements for product safety and hygiene throughout the supply chain.
Adoption of Automation and Digitalization: Inner bulk liner production processes are evolving with the adoption of automation and digitalization technologies, leading to improved efficiency, consistency, and quality control in manufacturing operations while reducing production costs and lead times.

Market Competition

The leading competitors in the global intermediate bulk container (IBC) liners industry are now focused on strategies such as product innovations, mergers and acquisitions, new advancements, collaborations, joint ventures, and partnerships to strengthen their market position.

The key players of this market include Tufbag, Marsol Group, Bulk-Flow, Thrace Group, Vishakha PolyFab Pvt. Ltd.

In September 2020, Amcor PLC collaborated with Swiss food giant Nestle to launch a breakthrough packaging solution in the recyclable packaging domain. The product in question is a recyclable retort pouch for cat food, expected to accrue an improvement of nearly 60% of the environmental footprint in consumer packaging.
In July 2020, CDF Corporation received a UN recertification for its fiberboard box with a plastic bag combination package, providing the highest levels of protection for transporting hazardous products requiring class II and III packaging. The packaging box underwent four rigorous performance tests, including drop, stacking vibration and Cobb water absorption.

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Key Companies Profiled

Tufbag
Marsol Group
Bulk-Flow
Thrace Group
Vishakha PolyFab Pvt. Ltd.

Key Segmentation:

By Product Type:

Stand-up Pouches
Spouted Pouches
Zipper Pouches
Others

By Material Type:

Polyethylene terephthalate (PET)
Polyester
Polypropylene
Food-Grade Cast Polypropylene
Nylon
Other

By End Use:

Food
Pet food
Baby food
Sea food
Ready-to-eat meals
Soups & Sauces
Others

By Application:

Beverages
Pharmaceutical
Personal care

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Author

About Future Market Insights (FMI)

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Nandini Singh Sawlani

Revolutionizing Industries: Printed Sensors Market Set to Reach US$ 161.9 Million by 2033

The global Printed Sensors Market is poised for substantial growth, with a projected valuation of US$ 161,882.6 million by 2033, representing a significant increase from US$ 95,374.8 million in 2023. This growth trajectory is attributed to a compound annual growth rate (CAGR) of 5.4% expected during the forecast period.

One of the key drivers of the printed sensors market is the increasing demand for low-cost, high-performance sensors that can be produced quickly and easily using printing technology. Compared to traditional sensors, printed sensors can be manufactured in large quantities at a lower cost, making them more accessible to a wider range of industries and applications.

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Key Figures:

Global Printed Sensors Market in 2023: US$ 95,374.8 million.
Projected Market Valuation by 2033: US$ 161,882.6 million.
Expected CAGR (2023-2033): 5.4%.

Drivers and Opportunities: The surge in demand for printed sensors can be attributed to their remarkable mechanical flexibility, enabling the detection of various stimuli associated with specific biological and environmental factors. Their versatility has garnered substantial attention, fostering increased demand in the global market.

The application of printed sensors across diverse sectors, including automobiles, aviation, healthcare, and environmental monitoring, has expanded their reach across numerous verticals. Their eco-friendly and flexible nature allows them to seamlessly integrate with small-shaped electronic devices. This, in turn, is expected to fuel substantial growth in the printed sensors industry over the forecast period.

Competitive Landscape – Regional Trends: The competitive landscape in the global printed sensors market is evolving, with regional trends shaping the industry. Market players are focusing on regional customization to cater to specific demands and regulations, thus enhancing their competitive positions. Regional variations in technological advancements and environmental regulations are influencing the production and adoption of printed sensors.

Restraints: While the printed sensors market shows promising growth prospects, certain challenges must be addressed. These include regulatory hurdles, standardization issues, and the need for continued technological innovation to maintain and enhance the sensors’ performance and capabilities.

Region-wise Insights – Category-wise Insights: The growth of the printed sensors market is not uniform across regions. Variations in demand, regulatory landscapes, and technological readiness contribute to regional disparities. Additionally, within the printed sensors market, specific categories such as healthcare and environmental monitoring are experiencing distinct growth patterns, influenced by evolving industry requirements and consumer preferences.

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Key Takeaways:

The global printed sensors market is forecasted to reach US$ 161,882.6 million by 2033, with a CAGR of 5.4%.
High mechanical flexibility and versatile stimulus detection capabilities are driving the demand for printed sensors.
Printed sensors find applications in various sectors, including automobiles, aviation, healthcare, and environmental monitoring.
Regional trends and customization play a pivotal role in the competitive landscape.
Regulatory challenges and the need for ongoing technological innovation are key restraints.
Region-wise and category-wise disparities exist in the growth of the printed sensors market, influenced by regional factors and industry-specific demands.

Key Segments in the Printed Sensors Market

By Type:

Printed Biosensor
Printed Touch Sensor
Printed Gas Sensor
Printed Humidity Sensor
Printed Image Sensor
Printed Pressure Sensor
Printed Temperature Sensor
Printed Proximity Sensor

By Printing Technology:

Gravure Printing
Inkjet Printing
Screen Printing
Flexography
Others

By Application:

Industrial
Automotive
Consumer Electronics
- Smartphones
- Wearable Devices
- Others
Environmental Testing
Industrial Equipment
Medical Devices
Building Automation
Smart Packaging
Others

By Region:

North America
Latin America
MEA
Europe
Asia Pacific

Author:

About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

Expanding Retort Pouches Market Surges to US$15.9 Billion by 2032 Driven by Global Urbanization and Rising Disposable Incomes

The future growth prospects of the retort pouches market appear promising, driven by a combination of factors that signal sustained expansion. Forecasts suggest a notable increase, with the market projected to reach a valuation of US$ 15,971.8 million by 2032, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.2% from 2022 to 2032.

One of the primary drivers of this growth is the escalating demand for packaged food consumption globally, particularly in both developed and emerging economies. As urbanization progresses and disposable incomes rise, the preference for convenient, ready-to-eat food solutions encapsulated in retort pouches continues to soar.

Moreover, heightened health awareness among consumers further fuels the uptake of retort pouches, as they provide safe and hygienic packaging for various food items. The versatility of retort pouches, which can be utilized for diverse applications including frozen foods, pet food, and organic products, further augments their market demand.

Continuous innovation and investment in production techniques by vendors also contribute significantly to expanding the retort pouches market, ensuring its relevance and competitiveness in the packaging industry.

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Business Growth Opportunities in the Retort Pouches:

Rising Demand for Convenience Foods: The increasing preference for convenient, ready-to-eat meals drives the demand for retort pouches, which offer extended shelf life and ease of storage for a variety of food products.
Expansion of the Ready-to-Eat (RTE) Market: As busy lifestyles and urbanization continue to fuel the demand for ready-to-eat foods, there is a corresponding increase in the adoption of retort pouches as packaging solutions for RTE meals, snacks, and beverages.
Growth in the Pet Food Industry: The pet food industry’s expansion, coupled with the growing trend towards premium and organic pet food products, presents opportunities for retort pouch manufacturers to supply packaging solutions that preserve the freshness and nutritional value of pet food.
Emerging Markets and Urbanization: Rapid urbanization and changing consumer preferences in emerging markets create opportunities for retort pouch manufacturers to tap into new consumer segments seeking convenient and hygienic packaging solutions for food and beverage products.
Technological Advancements in Packaging: Continuous advancements in retort pouch manufacturing technology, such as improved barrier properties, enhanced heat resistance, and innovative designs, drive market growth by addressing the evolving needs of food manufacturers and consumers.

Trends in the Retort Pouches Industry:

Sustainable Packaging Solutions: There is a growing trend towards sustainable packaging solutions in response to increasing environmental concerns. Manufacturers are exploring eco-friendly materials and design innovations to create retort pouches with reduced environmental impact.
Customization and Branding Opportunities: Retort pouch manufacturers are offering customization options and branding opportunities to food and beverage companies, allowing them to differentiate their products and enhance brand visibility through unique packaging designs and features.
Focus on Food Safety and Quality: With stringent regulations and consumer demand for safe and high-quality food products, there is an emphasis on retort pouches that meet food safety standards, maintain product freshness, and preserve nutritional value throughout the packaging process.
Expansion into New Application Areas: Retort pouches are increasingly being used beyond traditional food and beverage packaging, including pharmaceuticals, personal care products, and industrial applications, as manufacturers recognize their versatility, durability, and barrier properties.
Digitalization and Smart Packaging: The integration of digital technologies and smart packaging solutions into retort pouches enables real-time monitoring of product freshness, temperature, and quality, enhancing transparency and traceability throughout the supply chain while providing interactive experiences for consumers.

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Key Players:

Ampac Holdings, LLC,
Mondi Group,
Amcor limited,
Sealed Air,
Bemis Company, Inc.,
Winpak Limited Company,
Coveris Holdings S.A,
Sonoco Products Company,
Flair Flexible Packaging Corporation, and
Berry Plastic Group, Inc.

Key Segments Profiled in the Retort Pouches Market Survey

By Product Type:

Stand-up Pouches
Spouted Pouches
Zipper Pouches
Others

By Material Type:

Polyethylene terephthalate (PET)
Polyester
Polypropylene
Food-Grade Cast Polypropylene
Nylon
Other

By End Use:

Food
Pet food
Baby food
Sea food
Ready-to-eat meals
Soups & Sauces
Others

By Application:

Beverages
Pharmaceutical
Personal care

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Author

About Future Market Insights (FMI)

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Nandini Singh Sawlani

Rising Demand for Unbleached Hardwood Kraft Pulp Driven by Global Shift Towards Sustainable Packaging Solutions

The forecasted surge in global demand for unbleached hardwood kraft pulp from 2022 to 2032 reflects a pivotal shift in consumer preferences and industry practices. With its versatile applications across various sectors including corrugated boxes, printing paper, specialty paper, and tissue paper, unbleached hardwood kraft pulp stands as a cornerstone in the transition towards sustainable packaging solutions.

The escalating emphasis on reducing plastic consumption, driven by environmental concerns, is propelling the adoption of paper-based alternatives. Governments worldwide are implementing stringent regulations to curb plastic pollution, further bolstering the demand for paper packaging products. Notably, major brands are leading by example, transitioning entirely from plastic to paper packaging, thus catalyzing market growth.

Moreover, the investment influx in research endeavors underscores the industry’s commitment to developing innovative, resilient packaging solutions capable of safeguarding products throughout the transportation lifecycle. These advancements not only address environmental imperatives but also elevate the prominence of the unbleached hardwood kraft pulp market, positioning it at the forefront of sustainable packaging initiatives. As such, the market’s trajectory is poised for continued expansion, driven by evolving consumer preferences and regulatory dynamics.

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Business Growth Opportunities in the Unbleached Hardwood Kraft Pulp:

Increasing Demand for Sustainable Packaging: The rising preference for sustainable packaging materials drives the demand for unbleached hardwood kraft pulp, which is perceived as more environmentally friendly compared to bleached alternatives.
Expansion of E-commerce and Online Retail: The growth of e-commerce and online retail sectors creates opportunities for unbleached hardwood kraft pulp manufacturers, as they provide packaging solutions for shipping and delivery of goods in a sustainable manner.
Focus on Recyclability and Circular Economy: With growing awareness of environmental issues, there is a shift towards materials that are recyclable and contribute to a circular economy. Unbleached hardwood kraft pulp aligns with these sustainability goals, driving its demand in various industries.
Government Regulations on Plastic Use: Increasing government regulations and bans on single-use plastics stimulate the demand for alternative packaging materials like unbleached hardwood kraft pulp, especially in regions where environmental concerns are prioritized.
Emerging Markets and Infrastructure Development: The development of infrastructure and industrialization in emerging markets create opportunities for unbleached hardwood kraft pulp manufacturers to expand their market presence and cater to the growing demand for sustainable packaging solutions.

Trends in the Unbleached Hardwood Kraft Pulp Industry:

Product Innovation and Development: Manufacturers are focusing on innovation to develop unbleached hardwood kraft pulp with improved strength, durability, and printing properties, meeting the evolving needs of diverse end-users.
Shift Towards Bio-based Materials: There is a growing trend towards the use of bio-based materials in packaging to reduce reliance on fossil fuels and minimize environmental impact. Unbleached hardwood kraft pulp, derived from sustainable forestry practices, is a preferred choice in this regard.
Collaboration for Sustainability: Collaboration among stakeholders along the supply chain, including pulp producers, packaging manufacturers, and end-users, drives sustainability initiatives and promotes the adoption of unbleached hardwood kraft pulp as a sustainable packaging solution.
Demand for Chemical-Free and Natural Products: Consumer preferences for chemical-free and natural products extend to packaging materials. Unbleached hardwood kraft pulp, free from harmful chemicals used in bleaching processes, aligns with these preferences and experiences increased demand.
Circular Economy Initiatives: The adoption of circular economy principles, including recycling and reuse of packaging materials, influences the choice of packaging materials. Unbleached hardwood kraft pulp supports circular economy initiatives by being recyclable and biodegradable, contributing to resource efficiency and waste reduction efforts.

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Key Takeaways and Projections

The U.S. is expected to lead the North America Unbleached hardwood Kraft Pulp market, projecting the fastest growth in the region between 2022 and 2032
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe industry 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 2032.

Key Segments Profiled in the Unbleached Hardwood Kraft Pulp Industry Survey

By Grade Type:

Chemical Pulp
Semi-Chemical Pulp
Mechanical Pulp

By Application:

Sack Paper
Tissue Paper
Corrugated Material
Printing & Writing Papers
Specialty Kraft and Wrapping Papers

Region:

North America
Latin America
Western Europe
Eastern Europe
Asia-Pacific excluding Japan
Japan
Middle East & Africa

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About Future Market Insights (FMI)

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Nandini Singh Sawlani

Lead Mining Software Market Soars: Projected 21.5% CAGR, Reaching US$ 7.4 Billion by 2032

The lead mining software market is expanding at a CAGR of 21.5%, reaching US$ 1.1 Billion in 2022, with a projected market value of US$ 7.4 Billion in 2032. COVID-19 sickness began to spread over the world in early 2022, infecting millions of people globally. Most industries have been severely hit, including the lead mining software market.

Lead mining software enables a company to automate the selling tactics used to create new business. During the projected period, this aspect is likely to fuel market expansion.

It gives insight into what’s going on between consumer advertising and the predicted vs. actual reaction to such advertising. This feature is expected to significantly boost lead mining software market expansion in the future years. The cost of installing the program is considerable, which is projected to be a barrier to leading mining software market expansion.

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Lead mining software creates new company prospects while offering superior outcomes and increasing earnings. Users may also save and share search results by making lists and exporting them in various formats with this program.

Secondary lead production currently accounts for more than half of total lead production worldwide.

Scientific research reveals that ingested lead is detrimental to human health and that lead accumulations in the air, water, and soil are toxic to ecosystems, which is changing how the lead is used and disposed of.

The high toxicity of lead, which pollutes water sources, and the government’s tight environmental restrictions are important issues impeding the expansion of the lead mining software market.

The market is divided into two segments based on application: Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Due to the rapid acceptance of trending technologies such as KickFire and Socedo apps for boosting service speed and agility, major organisations are rapidly adopting lead mining software.

The market is segmented into five regions: Asia Pacific, the United States, Europe, the Middle East, and Africa, and Latin America.

Due to the presence of a large number of software vendors and the rapid adoption of lead mining software, such as Datananas and Up Lead, among North American enterprises for overall improving business and system application performance, the United States is expected to account for the largest market size during the forecast period.

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KEY TAKEAWAYS:

The lead mining software market in the United States is expected to reach US$ 2.6 billion by 2032, growing at a CAGR of 21.2% throughout the research period.
The UK market is estimated to be worth US$ 307.4 million by 2032, with a CAGR of 20.4%.
China is predicted to reach a market size of US$ 537.5 million by 2032, with a CAGR of 20.9% over the research period.
South Korea is expected to reach a market size of US$ 253.3 million in software by 2032, with a CAGR of 18.8% over the research period.
The market for lead mining software in Japan is expected to be worth US$ 438.2 million by 2032, with a CAGR of 19.9% over the research period.
The Cloud-based segment of the market is expected to grow at a CAGR of 21.2%.
Large Enterprises segment of the application category in the lead mining software srising at a CAGR of 21.0%.

COMPETITIVE LANDSCAPE:

Growlabs, NetFactor, Oceanos, KickFire, Socedo, Prospect.oi, LeadGibbon, LeadGnome, AeroLeads, and BuiltWith are among the key lead mining software market players.

As the lead mining software market expands, it is becoming somewhat concentrated, with numerous well-established big companies and regional suppliers. The market players want to employ cutting-edge innovation methods and expand their product portfolios in order to attract prospective clients in new areas.

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Key Segments

By Type:

Firstly, On-Premises
Secondly, Cloud based

By Application:

Thirdly, Small and Medium-sized Enterprises (SMEs)
Moreover, Large Enterprises

By Regions:

Furthermore, Asia-Pacific
Additionally, North America
In addition, Europe
Subsequently, Latin America
Lastly, Middle East & Africa

Author:

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

Global Cattle Head Catch Market Set for Strong Growth, Projected to Exceed US$ 4.32 Billion by 2033 with a 7.1% CAGR

The global cattle head catch market was estimated to surpass valuation of approximately US$ 2.18 billion by 2023. The industry is further predicted to cross US$ 4.32 billion by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 7.1% from 2023 to 2033. This anticipated expansion highlights the increasing significance of cattle head catch in modern dairy farming and livestock management practices.

As an integral component of advanced dairy farming equipment, the cattle head catch is experiencing widespread adoption across the industry. These innovative solutions provide a secure method of immobilizing a cattle’s head, facilitating essential tasks such as medication administration, tag changes, and precise health assessments. Whether used for routine check-ups or critical veterinary procedures, the cattle head catch plays a pivotal role in ensuring the overall well-being and health of these valuable livestock.

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The livestock industry is witnessing a surge in demand for humane and efficient cattle management practices, aimed at ensuring animal welfare and delivering high-quality outputs. Livestock owners are increasingly prioritizing the well-being of their animals, driving the need for top-notch equipment within the livestock farming sector. This growing emphasis is particularly pronounced in the expanding dairy industry.

In economies with a strong agricultural focus, the dairy sector is leading the way in adopting modern equipment. This shift is expected to play a pivotal role in driving the future growth of the market. The primary catalyst behind this transformation is the heightened awareness of the critical importance of maintaining the overall health and well-being of livestock animals. It is well-recognized that the health of animals directly influences their production efficiency.

Unlocking Potential: Key Product Types Fueling Growth in the Cattle Head Catch Market

Exploring Market Segments: Type, Application, and Region

In the dynamic landscape of the global cattle head catch market, the choice between self-catch and manual mechanisms stands as a pivotal factor. Contrary to common belief, the appeal of self-catch head gates may not always align with ease of use. Recent research has shed light on the challenges handlers can encounter when utilizing self-catch head gates. It has been revealed that such gates may pose greater difficulties compared to their manual counterparts, potentially leading to unfavorable cattle experiences and long-term handling challenges. Notably, chute shyness has emerged as a prevalent issue among cattle handlers in their ranching operations.

While the term “manual” has often been misconstrued in the context of head gates, innovative advancements from forward-thinking manufacturers have significantly reduced the labor-intensive nature traditionally associated with manual head gates. The latest generation of manual head gates not only offers a simplified operational experience but also outshines self-catch head gates in terms of efficiency and user-friendliness.

Pioneering the Way: The Dominance of the Livestock Industry in the Cattle Head Catch Market

Unveiling the Influence of Application

In the realm of applications, the livestock industry emerges as a formidable driver of revenue within the global cattle head catch market. This prominence can be attributed to the industry’s financial capacity to invest in cutting-edge farming equipment, leveraging substantial capital resources. Notably, the livestock sector boasts profit margins that consistently surpass its overall operating expenses, setting it apart within the market landscape.

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Key Companies Profiled:

Mid Valley Manufacturing Ltd.
Tepari
Schulte CattleQuip
Wertzberger Ranch Equipment LLC
Lakeland Farm And Ranch Direct
WW Manufacturing
S&B Custom Innovations

Market Segmentation Analysis:

By Type:

Self-catch
Manual

By Application:

Livestock Industry
Private Farm
Others

By Region:

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

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Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

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