Bagasse Tableware Products Market | U.S. is anticipated to hold ~88% of total sales in North America till 2031

The bagasse tableware products market revenue is expected to register y-o-y growth of 4.3% and reach US$ 1.95 Bn in 2021. This demand for bagasse tableware products will accelerate with top-tier players holding 25% to 30% of the total sales of bagasse tableware products.Future Market Insights (FMI) has forecast the global bagasse tableware products market to total US$ 3.75 Bn by 2031, expanding at 6.8% CAGR between 2021 and 2031.

Plastic and Styrofoam are the cheapest and most readily available packaging materials, but they are not nature-friendly. Bagasse is one of the most eco-friendly options used in making various food packaging and serving products.

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Key Takeaways from Bagasse Tableware Products Market

  • By product type, the plates segment is expected to hold market share of around 42% by 2031.
  • Based on application, demand in the food segment will account for 89% of sales in the market by 2031.
  • By sales channel, the direct sales segment is projected account for over 66% market share by 2031.
  • Bagasse tableware products are used widely for commercial, institutional, and household sectors. The commercial use segment is expected to create an incremental opportunity of US$ 1.7 Bn during the forecast period.
  • The East Asia region is expected to be highly lucrative, while South Asia is projected to outpace other regions exhibiting ~8% CAGR during the forecast period. n

“Customized eye-catchy eco-friendly bagasse tableware products made from sugarcane residual are becoming increasingly popular for use in institution, commercial, and household sectors. Besides this, growth in quick-service restaurants, mobile food vendors, online food ordering business, and catering services will create attractive prospects for the growth of the market,” says FMI analyst.

Continued Efforts of Manufacturers to Improve the Physical Attributes for Branding to Spur Demand for Bagasse Tableware Products

Bagasse tableware products are in the spotlight due to the rising trend of sustainable living practices. Eco-friendly bagasse tableware products are increasingly replacing products made out of non-biodegradable plastics.

Companies are focusing on introducing innovative and eye-catching designs with new textures and graphics (on-pack promotions) to influence customers to purchase natural, eco-friendly products. Bagasse tableware products are gaining momentum in green-minded cafeterias, the foodservice sector, quick delivery restaurants, and catering services.

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Offering personalized and specialized products according to the customer’s needs is a critical trend in the market. The manufacturers are thus focusing on customizing the product designs as per the consumers’ requirements.

The use of unique customized designs as a billboard space to showcase the logo, messages, and company taglines will enhance the market status of bagasse tableware product manufacturers who offer these services. Using environmentally friendly and sustainable products to improve and enhance the brand image is also a key aim for end users.

The manufacturers strive to improve the product quality by using cutting-edge technology to extend the shelf life and retain the quality and freshness of products for a longer time. They also target innovative product packaging, aesthetic appearance, and overall presentation to attract the customer’s attention. Therefore, to address the growing aspirations of target customers, the manufacturers are offering customized, distinctive, brand identity-based products, which will boost the bagasse tableware products market.

Bagasse Tableware Products Market Landscape

Pactiv Evergreen Inc., Dart Container Corporation, Duni AB, Genpak, LLC, Detpak (Detmold Group), Karat by Lollicup, Vegware US, Eco Products, Inc., Greenweimo, among others are the prominent players in the global bagasse tableware products market. The Tier 1 players in the market hold 25-30% in the global bagasse tableware products market.

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Bagasse Tableware Products Market by Category

By material type:

  • Plates
    • Less than 8 inches
    • 8 inches to 12 inches
    • More than 12 inches
  • Bowls & Containers
    • Less than 12 Oz
    • 12 Oz to 16 Oz
    • More than 16 Oz
  • Cups & Glasses
    • Less than 6 Oz
    • 6 Oz to 12 Oz
    • More than 12 Oz
  • Trays & Clamshell
  • Cutlery (Spoons, etc.)

By application:

  • Food
    • Fruits & Vegetables
    • Processed Food
    • Ready-to-eat meals
    • Soups
    • Others
  • Beverages
    • Carbonated Beverages
    • Non-carbonated Beverages
      • Tea & Coffee
      • Milk Products
      • Juices

By sales channel:

  • Indirect Sales
    • Departmental & Discount Stores
    • Hypermarket/Supermarket
    • Specialty Stores
    • Online Sales
  • Direct Sales

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Counterfeit Drug Detection Device Market is expected to reach US$ 1.56 Bn by the end of 2029 | Says FMI Analyst

The global Counterfeit Drug Detection Device Market is predicted to develop at a 4.0% CAGR from 2022 to 2029, with a market value of roughly US$ 1.14 billion in 2022. According to Future Market Insights, counterfeit chemical composition detection devices will account for approximately 60.6% of the global market in 2021.

Counterfeit drugs are substandard and falsified drugs and it is a global problem. Counterfeit Drug Detection Devices are the medical devices that are used to detect the counterfeit chemical composition of the drugs and counterfeit packaging and labeling of the drug. The WHO defines a counterfeit drug as any pharmaceutical product that is deliberately mislabeled with respect to identity and/or source.

Counterfeit drugs may include branded and generic products, drugs with the correct ingredients or with the wrong ingredients; without active pharmaceutical ingredient (API), with insufficient active pharmaceutical ingredients (API) or with fake packaging (WHO 2012).

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According to World Health Organization (WHO), counterfeit drugs are estimated around 10% of all pharmaceuticals. North America is the largest economy and largest pharmaceutical market in the world and in spite of strict regulatory policies; maximum drugs that market online are counterfeit. As per estimation from WHO in 2012, the loss suffered by pharmaceutical industry for counterfeit drugs were over $75 Bn.

Counterfeit Drug Detection Market: Drivers and Restraints

With increasing incidence of counterfeit drugs in the world the demand for counterfeit drug detection devices are also increasing. According to Pharmaceutical Security Institute, the number of counterfeit drugs incident has increased from 2,193 in 2013 to 3,509 in 2017. Out of these 3,509 incidents, 1,677 are reported in North America. Medications in the anti-infectives, genito-urinary, and central nervous system (CNS) therapeutic categories were mostly counterfeit.

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Counterfeit drug detection devices have advanced enormously from large laboratory set-up to battery operated handheld gadgets. The ease of use, increased efficiency, on-field result and rapid test result are the major factors fuelling the growth of the concerned market. Several government initiatives to combat the counterfeit drug can also a major reason behind the growth of Counterfeit drug detection devices. For example, U.S. FDA has introduced a counterfeit drug detection device for the identification of counterfeit drug and package, the latest version of this counterfeit drug detection device CD-3 is costs around US$ 1,000.

Policy implementation for unit level track-and-trace is another factor fueling the growth of the market. Increased efforts to combat counterfeit drugs by governments and private companies. German customs have started a project called “Blue Project” which enables government to identify illegal online drug-trading sites and the tracing of financial transactions.

Although lack of awareness about the counterfeit drugs can hamper the growth of counterfeit drug detection device market. People are not aware about the technological advancements in counterfeit drug detection device which impending the adoption of new technology handheld devices of counterfeit drug detection devices and can restrain the growth of counterfeit drug detection device market.

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The devices are costly. High cost of counterfeit drug detection device set-up can restrict the growth of counterfeit drug detection device market.

Counterfeit Drug Detection Device Market: Segmentation

To gain a comprehensive and a better understanding of the future market equity, the Counterfeit Drug Detection Device market report is segmented based on technology, application, end user and region.

Based on the technology type Counterfeit Drug Detection Device is segmented into:

  • Infrared and Near Infrared Spectroscopy
  • Ultraviolet/Vis
  • Microfluidic
  • Raman Spectroscopy
  • Rapid Chemical Testing
  • X-ray diffraction (XRD) and X-ray fluorescence (XRF) Spectroscopy
  • RFID Technology
  • Scanning and Imaging Systems
  • Other Packaging and Labelling Counterfeit Drug Detection Device

 Based on application Counterfeit Drug Detection Device Market can be segmented into:

  • Counterfeit Drug Detection Device for Chemical Composition
  • Counterfeit Drug Detection Device for Packaging & Labelling Detection

Based on end user, Counterfeit Drug Detection Device Market can be segmented into:

  • Pharmaceutical companies
  • Drug testing laboratories
  • Research organizations

On the basis of geography, Counterfeit Drug Detection Device can be segmented as:

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

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Counterfeit Drug Detection Device Market: Overview

Global Counterfeit Drug Detection Device market has witnessed a growth due to increasing incident of counterfeit drugs. Moreover ease of use, increased efficiency, on-field result and rapid test result are the major factors fuelling the growth of Counterfeit Drug Detection Device Market.

Among the various types of Counterfeit Drug Detection device market for Raman spectroscopy based devices are dominating for counterfeit drug detection. The usage of Raman and NIR spectroscopy is much higher as the techniques complement each other

Among the various types of Counterfeit Drug Detection application, preclinical application is dominating due to its vast use in ex vivo experiments and drug efficiency monitoring on small animal.

Counterfeit Drug Detection Devices can be used for the detection of counterfeit drug composition and counterfeit Packaging & Labeling Detection.

Counterfeit Drug Detection Device Market: Region-wise Outlook

Geography wise, Counterfeit Drug Detection Device Market is divided into eight regions viz. North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa. North America’s Counterfeit Drug Detection Device Market is expanding because of healthcare spending and healthcare infrastructure and it will remain dominant over the period of forecast. Latin America Counterfeit Drug Detection Device Market is anticipated to grow at a moderate rate due to poor awareness and low healthcare expenditure.

Counterfeit Drug Detection Device Market: Key Market Participants

Some of the market participants in the Global Counterfeit Drug Detection Device market identified across the value chain include: DNA Technologies, ASD Inc., Consumer Physics Inc., DuPont, Global Pharma Health Fund E.V., GAO RFID, Inc., AlpVision, Global Pharma Health Fund E.V., Olympus Corporation, Snowy Range Instruments, Thermo Fisher Scientific, Inc.

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Packaging Testing Services Market | North America and Europe to hold the largest Share during the forecast period 2022-2029

The global packaging testing services market is likely to reach US$ 33.4 Bn by the year 2029 at a CAGR of 12.6% between 2022 and 2029.

Packaging testing provides assertions that packaging will protect products from damage during transit. Growing retail trade with rising demand for packaged goods, rising eco-conscious consumers for sustainable packaging, stringent regulatory atmosphere, and innovation of pioneering technologies are some of the factors responsible for the high growth of the global packaging testing services market.

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The global packaging testing services market is anticipated to clock a remarkable CAGR of nearly 12.6% during 2022-2029. This astonishing growth is majorly driven by the penetration of the e-Commerce and food sector in developing markets such as China, Mexico, and India, and also technological advancements associated with packaging.

Key Takeaways from Packaging Testing Services Market Study

  • The physical testing segment is experiencing high demand in the packaging testing services market. This is attributable to the fact that, most of the properties of packaged goods are a function of physical attributes such as friction, compression, tensile strength, tearing strength, and peel & puncture, among others.
  • Potential growth of end-user industries such as food, beverages, healthcare, personal care & cosmetics, and others, which require thorough packaging, is expected to further propel the growth of the global packaging testing services market.
  • In terms of market growth, South Asia and East Asia are estimated to witness above-average growth in the packaging testing services market, as countries such as China, India, and Japan are producing and exporting packaged goods on a significant scale.

Introduction of New Standards & Regulations to Increase Sales of Equipment Used by Players Operating in Packaging Testing Services Market

One of the most upfront drivers in the packaging testing services industry is the introduction of new standards for package authentication. Numerous organizations have established international principles in the last few years that are sure to be trendsetters. These standards aim to have ever-expanding cargo and product safety, and different packaging test methods are defined in this regard. There is a long list of standards in the packaging testing services market developed by various organizations such as the American Society for Testing and Materials (ASTM), International Safe Transit Association (ISTA), International Organization for Standardization (ISO), and others. Solidification and continuous growth of the e-Commerce industry is increasing the demand for quality packaging and the introduction of new standards & regulations by international organizations, thereby resulting in the growth of global packaging testing services market.

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About Packaging Testing Services Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global packaging testing services market, analysing historical demand of 2014-2021 and forecast statistics for 2022-2029. The report provides growth projections of the packaging testing services market on the basis of testing type (physical, chemical, and microbiological), material (plastic, paper & paperboard, glass, metal, and others), and end user (food, beverages, healthcare, personal care & cosmetics, and others), across seven major regions.

Key Segments Covered in Packaging Testing Services Industry Research

Packaging Testing Services Market by Testing Type:

  • Physical
  • Chemical
  • Microbiological

Packaging Testing Services Market by Material:

  • Plastic
  • Paper & Paperboard
  • Glass
  • Metal
  • Others

Packaging Testing Services Market by End-user:

  • Food
  • Beverages
  • Healthcare
  • Personal Care & Cosmetics
  • Others

Packaging testing services market by Region:

  • North America Packaging Testing Services Market
  • Latin America Packaging Testing Services Market
  • Europe Packaging Testing Services Market
  • East Asia Packaging Testing Services Market
  • South Asia Packaging Testing Services Market
  • Oceania Packaging Testing Services Market
  • Middle East & Africa (MEA) Packaging Testing Services Market

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Frequently Asked Questions

  • How much is the packaging testing services market currently worth?
  • What is the sales forecast for packaging testing services through 2029?
  • What was last 7-year market CAGR for the sales of Packaging testing services?
  • Who are the key manufacturing companies for packaging testing services?
  • How is Europe faring?

What to Expect in Our Report?

(1) A complete section of the Global Packaging Testing Services market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Global Packaging Testing Services market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Packaging Testing Services market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Packaging Testing Services market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Global Packaging Testing Services Market report.

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Foamer Pump Market | U.S. is projected to hold nearly 86% of the total North America Globally

The foamer pump market size will grow by 4.2% CAGR between 2021 and 2031. As per the latest Future Market Insights (FMI) analysis, the overall valuation of the market is estimated to reach US$ 143.7 Mn in 2021.

According to the latest report published by Future Market Insights (FMI), the sales of foamer pumps is anticipated to grow 1.5 times between 2021 and 2031. Growing usage of foamer pumps for packaging in cosmetics and personal care industries is expected to drive sales in the global foamer pumps market.

Currently, the maximum market share in the foamer pump market is covered by the atmospheric foam dispensers. These foam dispensers are very effective in dispensing contents evenly, however, airless foam dispensers are considered more efficient. Airless foamer pumps can dispense around 95% of the content from the packaging without any hassle, which is considerably higher than atmospheric foam pumps.

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As many of the personal care and cosmetic products, which are available in the foam-based form, are premium and generally more expensive, airless foam pumps are highly desirable for packaging because they dispense maximum contents. Furthermore, as airless systems prevent the exposure to air, the quality of the product remains intact for a longer period.

Steered by aforementioned benefits, consumers are shifting towards the airless foam dispensers. Manufacturers in the foamer pump market have the opportunity to expand their product portfolio by covering airless foam dispensers and capitalize on their elevating demand in the market.

Key Takeaways from Foamer Pumps Market

  • Handheld foamer pumps are most popular across the globe and are anticipated to hold 35% of the foamer pump market share in 2021.
  • Due to the rising awareness regarding importance of maintaining personal hygiene, frequent sanitizing of hands has become common across the world. Amidst COVID-19 outbreak, the demand for hand sanitizers has skyrocketed, catapulting then as the largest end-use application of foamer pumps across the globe.
  • Europe is expected to be the largest market for foamer pumps, accounting for almost 30% of the market share in 2021.
  • Sales in Germany will continue supporting expansion in Europe. Within the U.K., the demand for foamer will grow by 4% year-on-year in 2021.
  • South Korea is expected to emerge as a highly lucrative market for foamer pump in East Asia. The sales of foamer pump will grow by 2 times its current valuation in South Korea by 2031.

“Expansion of cosmetics & personal care industry will fuel the demand for foamer pumps. Besides this, application is expected to increase in the healthcare and pet care industries, enabling growth in the market through the assessment period,” says FMI analyst.

Increasing Sanitizers Sales Giving Tailwinds to Foamer Pumps Demand

People have become more aware about personal health and hygiene following the unprecedented COVID-19 outbreak. This also has resulted in frequent use of hand sanitizers as a common means to prevent the spread of infection. As a result, in the past year, the demand for sanitisers reached an all-time high.

Even as lockdowns and restrictions are being lifted, maximum number of public places have made it mandatory to either sanitize hands before entering or carry a personal sanitizer. This is being strictly followed by many institutions and organizations to prevent any spread of the virus.

Rising sales of sanitizers has compelled manufacturers to offer user-friendly and convenient packaging to offer easier dispensing of liquid and minimum wastage. This has in turn fuelled the application of foamer pump in packaging of hand sanitizers.

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Foamer Pumps Market Landscape

Some of the key players dominating the global foamer pumps market are Albéa S.A., AptarGroup, Inc., Silgan Holdings Inc., Richmond Containers CTP Ltd, Frapak Packaging B.V., Raepak Ltd., Unicom International Ltd., Weltrade Pty Ltd., APackaging Group, Rieke Corporation, Sun-Rain Sprayer Co., Ltd., ScopeNEXT Ltd., Luencheong Dispensing Pump Ltd. (CLC), Matsa Group Ltd. And O. Berk Company, LLC.

Foamer Pumps Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the foamer pumps market, analysing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the foamer pumps market based on pump type (squeeze foamer pumps, dual chamber foamer pumps, table top foamer pumps, handheld foamer pumps), material (plastic (polyethylene, polyethylene terephthalate, polyvinyl chloride, polypropylene and others), metal), application (hand sanitizer, face and body wash, sunscreen, shampoo and conditioners and other applications), across six regions.

Foamer Pump Market by Category

By Pump Type:

  • Squeeze Foamer Pumps
  • Dual Chamber Foamer Pumps
  • Table Top Foamer Pumps
  • Handheld Foamer Pumps

By Material:

  • Plastic
    • Polyethylene (PE)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • Others
  • Metal

By Application:

  • Hand Sanitizer
  • Face and Body Wash
  • Sunscreen
  • Shampoos and Conditioners
  • Other Applications

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Australasia
  • Middle East and Africa

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  • What are the key factors driving foamer pump sales?
  • What is the North America foamer pump market outlook?
  • What is the cumulative share of top five companies in foamer pump market?
  • At what rate will foamer pump market grow in Asia Pacific?
  • Which are the top 5 countries exhibiting high demand for foamer pump?
  • At what rate will China foamer pump market grow?

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Plastic Healthcare Packaging Market | U.S. is estimated to hold 69.4% share in North America Globally

The plastic healthcare packaging market will register high growth with worldwide revenues forecast to increase by 5.0% year-over-year in 2021. According to Future Market Insights, reaching a valuation of over US$ 37.2 Bn in 2021.

These products are sterilized and have unique specifications, minimizing the risk of contaminants and unwanted reactions. Metal and glass packaging formats are commonly used materials for medical devices even as weight and breakage concerns hold back adoption.

High quality plastic packaging material is gaining ground as it meets the stringent standards of the medical and healthcare packaging industry. Plastic materials such as polyvinyl chloride, polypropylene, and polyethylene terephthalate can help safeguard healthcare products.

Plastic packaging in the healthcare industry can be found in the form of blister packaging, bottles, containers, IV bags, medication tubes, prefilled inhalers, syringes, caps and closures and even medical devices such as incubators and surgical machines.

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The proliferation of medical devices in hospitals and in home care settings is reducing the dependency on clinical support. Across the global market, consumption of plastic healthcare packaging is expected to remain high in European and North American countries, due to the presence of key players of the market and easier availability of technological advancements.

Countries in Asia Pacific are witnessing rapid developments in terms of pharmaceutical drug inventions which in turn is triggering the growth of the plastic healthcare packaging sector for the coming decade.

Key Takeaways from Plastic Healthcare Packaging Market

Prefilled inhalers, syringes and cartridges are anticipated to grow owing to the use of prescribed units dosing, creating an incremental opportunity of US$ 9.7 billion by 2031.
Polypropylene plastic healthcare packaging is gaining traction and is forecast to increase by 400 bps to reach up to 37.3% in 2031, supported by cost efficiency.
Germany holds the lead in the Europe market, accounting for over US$ 1 Bn in 2021, supported by expansion of production facilities.
The U.S. holds 66.7% of the North America market value share in 2021, with the presence of matured healthcare and pharmaceutical sectors.
China and Japan are fast-growing markets in East Asia reflecting CAGRs of over 8.5%, driven by higher consumer demand and growing investments towards product research.

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Impact of COVID-19 on Plastic Healthcare Packaging Market

The COVID 19 pandemic has spread across the globe and its impact on the healthcare sector has been significant, positively affecting industries that provide essential items. Demand for plastic packaging in healthcare will rise across different countries owing to consumer demand for dietary supplements, and essential medications, required to combat the spread of the virus.

The COVID-19 outbreak has also affected the prices of the raw materials such as the price of oil based raw materials. At the same time the lockdown hasn’t been favourable for overseas supply of raw materials or end products especially for manufacturers who majorly rely on the international supply chains.

Factors such as demand, supply, cost of production, and government actions to diminish the impact of pandemic have led to moderate growth of the plastic healthcare packaging market.

Who is Winning?

The tier 3 players in the plastic healthcare packaging market hold 70-80% of the global plastic healthcare packaging value share. Market leaders contribute almost 20-30% of the global demand. Market participants are largely focusing on capacity and product portfolio expansion strategies.

Wipak Ltd., Aptar Group, Inc., West Rock Company, West Pharmaceutical Services, Inc., Bilcare Limited, Gerresheimer AG, Constantia Flexibles Group and among others are the prominent players in the global plastic healthcare packaging market.

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Significant deployment of AI technology in the drug development process is one of the prominent trends characterizing plastic healthcare packaging market outlook through 2021-2031. In April 2021, for instance, Evotec announced the Phase I clinical trials of its new anticancer molecule, developed in partnership with Exscientia, a company that applies AI techniques to small-molecule drug discovery.

This increased reliance on innovative technology could proliferate the drug discovery process and consequently amplify the need for plastics in pharmaceutical packaging. The rising awareness about the benefits of flexible medical packaging, including its capability to hold up well under sterilization agents like gamma radiation and ethylene oxide, will also contribute to the rising product popularity. However, concerns regarding plastics pollution and the implementation of various stringent norms against the use of single-use plastics may create a hindrance to industry dynamics in the years ahead.

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 About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Disposable Cups Market | U.S. is estimated to account ~88% value share of the North American market in 2031

The market for disposable cups is anticipated to increase rapidly, with an estimated US$10.6 billion in global sales by 2021. The demand for disposable cups market is expected to rise between 2021 and 2031 at a CAGR of 5.7%, according to FMI.

Despite COVID-19’s stagnant sales, demand for disposable cups will increase starting in 2021, albeit gradually. By the end of 2021, it is anticipated that disposable cup consumption will reach 462.2 billion units worldwide. In terms of volume, the market is expected to grow at a 5.3% CAGR during the forecast period.

Global sales of disposable cups will total ~600 billion units in 2019, representing a 3.3 percent increase from 2018, according to the latest research from Future Market Insights. The disposable cups market is projected to grow at ~4% CAGR during the period, 2019-2029, driven by affordability and easy availability along with increasing consumption of non-alcoholic beverages which led to proliferation of café retail chains and international coffee shops, especially in developing countries.

Due to growing prominence of the ‘throw away culture, disposable cups are continuously making their way into landfills and marine environment, subsequently raising potential concerns among environmental groups and consumers adopting ‘zero-waste’ culture. Manufacturers who are keeping the innovation quotient high by adopting sustainable solutions are likely to be rewarded in the long run.

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Despite stagnant sales amid COVID-19, disposable cups demand will surge from 2021 onwards, albeit gradually. Global consumption of disposable cups is forecast to reach 462.2 Bn Units by the end of 2021. The market has been projected to expand at 5.3% CAGR over the forecast period in terms of volume.

Today’s lifestyle has become expeditious and consumers are always on the go. As a cost-effective and convenient options disposable cups come handy as they take a sip into their favorite beverages while running for daily errands.

“With the rising preference for dining out, the popularity of on-the-go beverages and growing awareness about eco-friendly packaging solutions will fuel the demand for disposable cups. Also the expansion of foodservice chains, hypermarkets, and quick-service restaurants will boost sales opportunities in the disposable cups market,” says FMI analyst.

Disposable Cups Market by Category –

By Material Type:

Paper

Plastic

Foam

By Capacity:

Less than 250 ml

250 to 750 ml

Above 750 ml

By Application:

Food

Beverages

By End User:

Food Serve

Food Retail

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Exponential growth of online food ordering also will create opportunities for sales of disposable cups. Foodservice providers prefer disposable cup because they are tamper-proof and keep beverages safe from contamination during transportation. Plastic disposable takeaway cups are economical, solid, and insulation can extend both the hot and cold liquids delivery time.

Additionally, disposable cups with lids and straw slots are easier for quick delivery without the fear of leakage and pouring. Disposable cups do not require much storage space and are extremely easy to carry during transportation and serving.

Food service providers choose paper or disposable plastic cups over glass because they are unbreakable, time-saving, and easy to clean. Therefore, many fast food joints, cafeterias, and food malls opt for disposable cups as a reliable, safe, and convenient packaging solution to offer quickest delivery to the customers.

Competitive Landscape

Companies operating in disposable cups market are aiming at strategic partnerships with other manufacturers to expand their product manufacturing capabilities, and focusing on innovation and sustainability.

  • In April 2021, Greiner Packaging International GmbH launched new sustainable r-PET cups for beverages, accommodating economic, environmental, and social considerations.
  • In November 2020, Berry Global Inc. launched Bantam™ Drink Cups, an innovative and made from recyclable polypropylene.
  • In July 2019, Huhtamaki Oyj partnered with First Mile a leading recycling company. The First Mile Company will collect disposable cups from customers from various coffee chains, restaurants, and others.

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What to Expect in Our Report?
(1) A complete section of the Global Disposable Cups market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Global Disposable Cups market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Disposable Cups market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Disposable Cups market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Global Disposable Cups Market report.

Related Links –  

https://justnock.com/read-blog/76414

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https://issuu.com/nk99/docs/pallet_corner_boards_market_

https://www.transferbigfiles.com/58044a6a-af28-4a42-8b10-e15ba07215f7/jMMxa7Lf2opQ_jv0-FeCKA2

https://www.slideshare.net/niranjankarde/pallet-corner-boards-market-size-share-global-industry-report-for-2027

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Dehydrated Culture Media Market Size, Share, Trends, Application Analysis and Growth by Forecast to 2021-2031

According to Future Market Insights, the Dehydrated Culture Media market will increase at a CAGR of 7.7% during the forecast period. Demand for Dehydrated Culture Media will gradually increase over the projection period, providing producers with several beneficial development prospects in the near future.

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This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.

The report Dehydrated Culture Media Market gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2018 to 2028 with respect to major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Dehydrated Culture Media Market.

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The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Dehydrated Culture Media Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

Leading Dehydrated Culture Media Market Players:

  • Condalab
  • Thermo Fisher Scientific
  • Sigma Aldrich
  • Merck Millipore (Merck KGaA)
  • Sisco Research Laboratories Pvt. Ltd.
  • Biomark Labs
  • Titan Biotech Ltd
  • Neogen Corporation
  • Himedialabs
  • Central Drug House (P) Ltd
  • Bio-Rad Laboratories Inc.

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Key Elements that the report acknowledges:

  • 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

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Why Future Market Insights?

  •   Comprehensive analysis on evolving purchase pattern across different geographies
  •   Detailed insights of market segments and sub-segments for historical as well as forecast period
  •   A competitive analysis of prominent players and emerging players in the keyword market
  •   Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9 years.

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Cranial Stabilisation Devices Market: Innovative and Technological Advancement

Future Market Insights has published a new report titled “Cranial Stabilisation Devices Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017 – 2027)” that studies the overall performance of the global Cranial Stabilisation Devices Market for an assessment period of 10 years. The global cranial stabilisation devices market is anticipated to expand at a significant CAGR over the forecast period.

Technological advancements in the field of neuroscience across the globe is a favourable factor boosting revenue growth of the global cranial stabilisation devices market. Revenue from the global cranial stabilisation devices market is expected to reach US$ 472.9 Mn by 2017 end and is projected to reach US$ 792.8 Mn by the end of 2027. Sales revenue is anticipated to register a robust CAGR of 5.3% between 2017 and 2027.

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Global Cranial Stabilisation Devices Market: Key Players

  • Micromar Ind. Com. Ltda
  • Pro Med Instruments, Inc.
  • Integra LifeSciences Corporation,
  • Changzhou Huida Medical Equipment Co. Ltd.

Global Cranial Stabilisation Devices Market: Key Trends

  • Steady growth in neurosurgical procedures across the globe
  • Increasing consolidations among key market players
  • Rising preference for branded products
  • Increasing awareness regarding regulatory concerns
  • Rapidly expanding healthcare facilities across the globe
  • Increasing spending on healthcare facilities across the world

Cranial Stabilization Devices Market: Macro Economic Factors

Government officials in Asia Pacific, the Middle East, and Africa have been encouraging start-ups and MNCs to boost industrial growth in the healthcare and medical devices industries in recent years. Leading players in the medical devices market are leveraging economies of scale to strengthen their market position. This is likely to benefit the global market for cranial stabilisation devices.

The rising incidence of life-threatening diseases as a result of people’s changing lifestyles is driving up demand for neurology procedures worldwide. The direct and indirect costs of treating neurological diseases and disorders are expected to rise over time. This is another factor that is likely to have an impact on the global cranial stabilisation devices market’s revenue growth.

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Global Cranial Stabilisation Devices Market: Segmental Forecast

The global market for cranial stabilisation devices is divided into three categories based on product type: Horseshoe Headrest, Skull Clamp System, and Brain Retractor System. In terms of revenue, the brain retractor system segment dominated the global cranial stabilisation devices market in 2016, and this trend is expected to continue throughout the forecast period. With an attractiveness index of 1.6, the brain retractor system segment is expected to be the most profitable of all product types.

By end use the market is segmented into hospitals, ambulatory surgical centres and specialised centres. Specialized centres segment is expected to be the second largest market for cranial stabilisation devices, with a market share index of 0.7. Ambulatory surgical centres segment remains the third largest market with a market share index of 0.5.

Global Cranial Stabilisation Devices Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA are among the key geographies covered in this report. Over the forecast period, the APEJ cranial stabilisation devices market revenue is expected to grow at a significant CAGR. Due to increased demand for cranial stabilisation devices such as horseshoe headrests, skull clamp systems, and brain retractor systems, APEJ remains the third largest market. In terms of revenue, North America dominated the global cranial stabilisation devices market in 2016, and this trend is expected to continue throughout the forecast period. With an attractiveness index of 2.8, the North American cranial stabilisation devices market is expected to be the most lucrative of all regional markets.

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Market Taxonomy

By Product Type

  • Horseshoe Headrest
  • Skull Clamp Systems
  • Brain Retractor System
  • Accessories

By End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Specialised Centres

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Pneumococcal Vaccines Market | Cost Structure Analysis and Forecast to 2031 – By FMI

In its upcoming report titled “Pneumococcal Vaccines Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018 – 2028,” Future Market Insights (FMI) provides key insights on the Global Pneumococcal Vaccines Market. In terms of revenue, the global pneumococcal vaccines market is expected to grow at a 9.1% CAGR during the forecast period.

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Because of rising healthcare expenditure, favourable reimbursement policies for pneumococcal vaccination, and the development of new multivalent pneumococcal vaccines, North America is expected to contribute a large revenue share to the global pneumococcal vaccines market over the forecast period. Furthermore, in North America, patients with Medicare have no out-of-pocket costs for pneumococcal vaccines.

The global pneumococcal vaccines market is classified into three segments: product type, distribution channel, and region. The market is divided into two categories based on product type: pneumococcal conjugate vaccines and pneumococcal polysaccharide vaccines. Because of the increasing number of research and development activities to develop new conjugate vaccines for expanding indications, the pneumococcal conjugate vaccines product type segment is expected to represent a high revenue share in the global pneumococcal vaccines market.

The market is divided into pharmacies, public health agencies, community clinics, and other distribution channels based on the distribution channel. The public health agencies distribution channel is expected to be the market leader in the pneumococcal vaccines market. Because of the growing number of community clinics, the revenue share of community clinics is expected to increase over the forecast period.

The growing number of clinical trials for pneumococcal vaccine development is expected to provide enormous opportunities for the growth of the pneumococcal vaccines market and meet the demand for vaccines for multiple serotypes. Increased government initiatives to reduce the burden of pneumococcal diseases, as well as public-private partnerships, are expected to drive the pneumococcal vaccines market forward. Partnerships and collaborations among manufacturers for research and development and vaccine distribution is expected to boost the growth of the pneumococcal vaccines market. The major factors expected to drive the growth of the pneumococcal vaccines market are the expansion of pharmacy-based immunisation services for pneumococcal vaccination and the SAGE organization’s catch up campaigns to reduce the prevalence of invasive pneumococcal disease.

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Increased demand for pneumococcal vaccines as a result of immunisation programmes is expected to provide enormous opportunities for the pneumococcal vaccines market to grow. Pneumococcal vaccine manufacturers have reduced vaccine pricing for Gavi-supported countries, which is expected to increase demand for pneumococcal vaccines.

Pfizer, for example, reduced the price of its PCV-13 4 dose vial vaccine for Gavi-supported countries from US$ 3.05 to US$ 2.95 per dose in January 2018. The increasing use of pneumococcal vaccine in national immunisation programmes is boosting the market for pneumococcal vaccines. According to the WHO, 138 countries have included pneumococcal vaccines in their national immunisation programmes as of 2017.

However, low awareness among general population regarding pneumococcal immunization, difference in coverage of established and new vaccine, slower introduction of new pneumococcal vaccines are factors expected to hamper the growth of the pneumococcal vaccines market.

The market for pneumococcal vaccines is consolidated with very few players. Examples of some of the key players identified in the global pneumococcal vaccines market are Pfizer Inc., Sanofi S.A., GlaxoSmithKline Plc., and Merck & Co., Inc., among others. Manufacturers are focusing on the partnerships and collaborations for expansion of their geographical presence and development of new pneumococcal vaccines. For example, in 2014 Sanofi SA completed the collaboration with SK Chemical Co. of South Korea to co-develop pneumococcal conjugate vaccines.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Recombinant Vaccines Market Report 2022: R&D Consistency Drives Sector Growth

Mature regional markets in North America and Europe remain differentiated due to effective presence of leading biopharmaceutical companies that boast of GMP certified sterile manufacturing facilities, contributing significant towards the revenue growth of Recombinant Vaccines Market in these regions.

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Recombinant vaccines are gaining popularity due to their relative safety and low cost. With a growing emphasis on preventive healthcare, vaccines are gaining traction globally, including in developing economies that continue to face a severe demand-supply gap, resulting in a significant shortfall in vaccine availability. However, a number of leading non-profit organisations are constantly launching funding collaborations to increase access to critical vaccines in developing countries.

A new Future Market Insights study on the global recombinant vaccines landscape highlights the optimistic revenue growth potential in developing regional markets such as Asia Pacific and Japan. The FMI report also provides a comprehensive analysis of the current competitive landscape, emphasising exclusive insights gleaned from extensive primary and secondary market research.

Key Dynamics Analysis Evaluates the Role of Collaborative Activities and R&D

On the backdrop of how Sanofi’s acquisition of protein Sciences in 2017 has been boosting the former’s Flubok (recombinant vaccines for flu) manufacturing capacity, several players in recombinant vaccines space are strategizing mutual alliances in coming years. Strategic collaborations between leading players in the recombinant vaccines space is likely to provide a strong impetus to the overall market growth.

Moreover, according to WHO, growing prevalence of rare disease instances such as Ebola, Crimean Congo, MERS, hemorrhagic fever, Marburg, Lassa Fever, Nipah, SARS coronavirus diseases, and Rift Valley Fever is attracting R&D interests of recombinant vaccines manufacturers, thereby pushing growth of the market in the near future

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FMI Study Positions Western Europe as Growth Engine of Recombinant Vaccines Landscape

Western Europe now accounts for just under one-third of global market revenue, owing to increased government support for vaccine development and vaccination campaigns. The presence of key market players in this region, as well as their increasing investments in recombinant vaccine R&D, accentuate Western Europe’s top performance.

The report forecasts strong growth in Asia Pacific and Japan in the coming years. However, APAC is portrayed as particularly profitable due to rapidly increasing healthcare spending and an expanding target population with significant unmet clinical needs, despite rising consumer awareness of the benefits of vaccination.

Segmental Analysis Reveals Neck-on-Neck Competition between Subunit and Attenuated Vaccine Types

  • According to a market assessment of recombinant vaccines by type, subunit recombinant vaccines currently hold the largest value share but are likely to lose some of it to attenuated recombinant vaccines. Both segments account for approximately 90% of total market revenue.
  • Human vaccination applications of recombinant vaccines continue to be more appealing than veterinary applications. According to the report, recombinant vaccines for humans account for the majority of total market revenue.
  • Private clinics and dispensaries, followed by pharmacies, continue to be the most preferred channel for vaccine distribution. Hospital pharmacies have a larger market share than retail pharmacies, though the latter is expected to grow rapidly in the coming years.

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Top Two Players Represent a Whopping 80% Market Value Share, Concludes Competition Analysis

According to the FMI study, GlaxoSmithKline plc and Merck & Co., Inc. collectively account for more than 80% revenue share in recombinant vaccines marketplace, keeping the landscape highly consolidated. While the former primarily focuses on strategic collaborations, the latter strategizes new product launches for an expanded market share.

  • GSK’s candidate vaccine launched in 2017 claims to prevent pulmonary TB in HIV negative adult patients.
  • Merck announced the three studies of the first phase of its investigational pneumococcal vaccine, early in 2018.

Competition tracking uncovers a few more important insights that can potentially direct strategy building efforts of competitors in the recombinant vaccines market at a global level.

  • New market entry aspirants are prominently opting for the adoption of mammalian protein expression systems in recombinant vaccines manufacturing that accelerate the entire production process.
  • Established players in recombinant vaccines landscape are prioritizing the development of new variants of existing vaccines.
  • Contractual alliances with non-profit organizations are likely to earn higher profit shares for manufacturing leaders in recombinant vaccines market.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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