Point-Of-Care Breathalyzer Market demand is projected to be valued at US$ 385.7 Million in 2022 | Future Market Insights

Global point-of-care breathalyzer market demand is expected to reach US$ 385.7 million in 2022, rising at a CAGR of 5.5% to US$ 658.9 million between 2022 and 2032.

Breathalyzer is a non-invasive medical device used for estimation of Blood Alcohol content (BAC) from breath sample. Breathalyzer is used to test intoxication levels caused by alcohol and drugs. Breathalyzer was invented by Dr. Robert Borkenstein while being appointed as police photographer at Indiana State Police lab.

Since 1954, Breathalyzer is a genericized trademark for many instruments like Alcotest, Alcosensor, Datamaster, Intoxilyzer and Intoximeter. Breathalyzer device consists of three parts, first part consists of system where breath is sampled, second part consists of two glass tubes with chemicals and third part consists of photocells that are connected to meter showing colour change.

Breathalyzer system together works on redox reaction causes change in colour that is directly proportional to amount of alcohol in breath, wherein red-orange colour of dichromate ion changes to green.

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Breathalyzer has been of importance in point-of-care services where initially it was necessary to draw blood out of the body and sent to the hospital to test alcohol concentration in blood, thus making the test time consuming. Till date it has been most important device to monitor and regulate drink and drive accidents or cases.

In 2015 in US, there were about 290,000 people injured and about 10,265 died in drunk driving cases. Also there have been published reports on loss of work quality and time due to alcohol consumption. All over the world it is a legal offense to be detected of alcohol during working hours and while driving.

The driver is charged fine or respective legal action is taken against him if his Blood Alcohol Concentration (BAC) is found out to be above normal (0.08). Also strict actions are taken against employees in government or private sectors if they are detected of alcohol consumption during office hours.

Due to use of Breathalyzer there is no need of any invasive procedure, device is portable and test results are out in seconds. Another important use of Breathalyzer is in maintaining high order discipline in National and International air transport to maintain safety and standards while travelling.

Breathalyzer is of very significant use to prevent order and discipline in government or private offices, road traffic management and forensic studies too. It is also used for management in rehabilitation centres, mining and construction centres.

Point-of-Care Breathalyzer Market: Drivers and Restraints

Point-of-care Breathalyzer market has seen enormous growth due to its significant use to maintain safety, order and discipline amongst population. The major drivers for point-of-care Breathalyzer market is alarming increase in alcohol consumption seen at all age groups and also increase in road accidents due to drink driving.

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Due to strict government regulations, drink driving and alcohol abuse during work hours has led to increase in demand for modern use portable Breathalyzer. Use of personal portable Breathalyzer to check for alcohol content within normal limits to keep a check on safe driving and productive working hours has given a drive for point-of-care Breathalyzer market worldwide.

Moreover easy availability of personal Breathalyzer that can be ordered online according to ones choice, has also been a factor to drive point-of-care Breathalyzer market. Awareness initiative taken by government has also led to increase of market size for point-of-care Breathalyzer market.

High cost of Breathalyzer and less market for new brands producing Breathalyzer were seen to hamper in the past for but modern portable cheap Breathalyzer are taking over the point-of-care Breathalyzer market  now.

Point-of-Care Breathalyzer Market: Overview

According to a study report published in South Africa about 10% of the country’s GDP is lost due to alcohol abuse annually which is equal to R240 billion. Also worldwide there is much loss due to alcohol abuse leading to immense destruction in drunk driving accidents, expensive alcohol abuse treatment and loss of manpower and productive working hours brings an overall effect on worldwide economy.

Thus awareness due to such losses have led government to take strict measures in field of law enforcement and highway safety administration to bring down losses. Efficient use of point-of-care Breathalyzer to prevent such loss has proved beneficial and made people aware of its legal consequences being the reason for increasing market for of point-of-care Breathalyzer market.

Mandatory alcohol test are carried out worldwide in workplaces such as transport, construction sites mining, shipping, airlines, defense centres, rehabilitation centres to maintain safety of individuals increasing market size for point-of-care Breathalyzer market over globe.

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Point-of-Care Breathalyzer Market: Regional Overview

Region wise, the point-of-care breathalyzer market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. Use of personal Breathalyzer, intelligent market networking and advances in technology has led to growth of global market for point-of-care Breathalyzer.

Highest growth in point-of-care Breathalyzer market is seen in North America due to highest population, increase in drunk driving road accidents and strict law enforcement on alcohol. Developed countries like Europe have seen to have highest market for point-of-care Breathalyzer market due to leading manufacturers of point-of-care Breathalyzers, high income population purchasing personal Breathalyzer being alert and aware of legal actions in case of alcohol abuse.

More alcohol consumption, increase in transport and transport facilities, development of transport system, national and international awareness programs, improvement in market network and strict rules and regulations and variety in affordable Breathalyzer brands has led to increasing market in developing countries like India and China.

Underdeveloped countries have scope for increase in market size of point-of-care Breathalyzer market if awareness is brought amongst population.

Point-of-Care Breathalyzer Market: Key Players

Some of the key players in point-of-care Breathalyzer market include Drägerwerk AG & Co. KGaA, Intoximeters,Lion Laboratories Limited, Lifeloc Technologies, Inc., Inc., , BACtrack, Quest Products, Inc., Alere, Inc., and C4 Development, Andatech Private Limited Ltd. Most of the providers of point-of-care breathalyzer are adopting the strategy of providing these products through e-commerce, so that buyers can browse the products according to their needs.

Point-of-Care Breathalyzer Market: Segmentation

The global point-of-care breathalyzer market is classified on the basis of product type, product technology, end user and geography.

Based on product type, the point-of-care breathalyzer market is segmented into the following:

  • Non-portable.

Based on product technology, the point-of-care breathalyzer market is segmented into the following:

  • Chemical reaction (Breathalyzer).
  • Fuel-cell technology (Alcosensor III or IV).
  • Infrared Spectroscopy (Intoxilyzer).

Based on end user, the point-of-care breathalyzer market is segmented into the following:

  • International and National transport systems.
  • Rehabilitation centres.
  • Government and private offices.
  • Diagnostic centers.
  • Home care settings.

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Rising Pediatric and Geriatric Patient Preference for Softgel Capsules is expected to Drive Market Growth: Future Market Insights

As per Future Market Insights’ latest industry analysis, the valuation for the global softgel capsules market was around US$ 1.7 Bn in 2021, and is projected to exhibit growth at a CAGR of close to 6.0% over the forecast period.

Recent years have seen a significant increase in interest in the oral delivery of medications with low water solubility due to the development of soft gelatin capsules (SGCs) delivery systems. This can be explained by the surge of low-solubility medications in the pipeline and the difficulties in creating bioavailable and consistent dose forms.

These drugs are encapsulated inside SGCs, which is a method employed to transport the active constituents to the systemic circulation, to overcome some formulation constraints. SGCs feature great dose accuracy and homogeneity, as well as higher consistency in manufacturing and product stability.

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This is crucial for drugs that are susceptible to oxidative and hydrolytic breakdown. The expanding cosmetics industry’s desire for soft gel capsules to supply cosmeceuticals in the form of capsules drives the growth of the worldwide soft gel capsules market.

The rising consumption of supplements in capsule form increases demand for soft gel capsules, propelling the global soft gel capsules market. The pharmaceutical industry’s use of soft gel capsules is also aided by improvements to the capsules’ outer shell and compatibility with the ingredients inside, which have become two of the market’s main growth drivers.

Owed to the aforementioned factors, the global softgel capsules market is set to reach an estimated valuation of US$ 3.1 Bn in 2032.

Key Takeaways from Market Study

  • Gelatin softgel capsules are the leading segment as product, and hold approximately 3% market share in 2021, owing to their property of increased bioavailability, and greater absorption.
  • Type-A gelatin (pork skin) segment is set to lead in terms of raw material for softgel capsules with a projected market share of around 5% by 2032, owing to the high availability of porcine sources of raw material globally.
  • By application, health supplements are leading in the global softgel capsules market, and are expected to continue to do so with a projected CAGR of 5% during the forecasted years, as they are easy to swallow and disintegrate quickly.
  • By end users, CMOs hold a dominant market share of 2% in the global market in 2021, owed to the lowered cost of production, and higher output.
  • Oral softgels are leading the market as route of administration, holding a share of around 7% in 2021, owed to higher patient preference.
  • North America is considered as the leading region with a global share of 7% in 2021, owed to the large number of available distributors for softgel capsules in the region.

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“Rising prevalence of chronic diseases is promoting the adoption of softgel capsules with greater bioavailability, enhanced absorption, and a long shelf-life,” says an analyst of Future Market Insights.

Market Competition

The market for softgel capsules is fragmented, and there exists a number of contract manufacturing players within the market sphere. Key players promote market expansion through novel product launch activities along with acquisitions and collaborations.

  • The delayed/enteric release softgel OptiGel® DR by Catalent was introduced in October 2020 for applications in pharmaceutical and nutraceutical applications.
  • Sirio Pharma Company Limited announced in July 2022 that Sirio will purchase 80% of Best Pharmaceuticals, a contract manufacturer of nutraceuticals and dietary supplements.

Key Companies Profiled

  • Aenova Group GmbH
  • Fuji Capsule Co., Ltd
  • Sirio Pharma Company Limited
  • Catalent, Inc
  • EuroCaps Ltd
  • Guangdong Yichao Biological Co., Ltd.
  • Elnova Pharma
  • Captek Softgel International Inc
  • Hunan Er-Kang Pharmaceutical Co., Ltd
  • Soft Gel Technologies Inc.

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Key Market Segments Covered in Softgel Capsules Industry Research

By Product:

  • Gelatin Softgel Capsules
  • Vegetarian Softgel Capsules

By Raw Material:

  • Type-A Gelatin (Pork Skin)
  • Type-B Gelatin (Animal Bones & Skin)
  • Fish Bone Gelatin
  • Cellulose Derivatives
  • Starch Material

By Application:

  • Antacid & Antiflatulent Preparations
  • Antianemic Preparations Hematinic Preparations)
  • Anti-inflammatory Drugs
  • Antibiotic & Antibacterial Drugs
  • Cough & Cold Preparations
  • Cardiovascular Therapy Drugs
  • Health Supplements
  • Vitamin & Dietary Supplements
  • Other Therapeutic Applications

By End User:

  • In-house Manufacturing
    • Pharmaceutical Companies
    • Nutraceutical Companies
    • Cosmeceutical Companies
  • Contract Manufacturing Organizations

By Route of Administration:

  • Oral Softgels
  • Suppositories
  • Pessaries
  • Twist off Softgels
  • Others

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Medical Robots Market : valued at around US$ 8.5 Bn at the end of 2021. The market is projected to register a 20.1% CAGR and top a valuation of US$ 63.7 Bn by 2032.

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Proteomics Market size to reach around US$ 109.4 Billion by the end of 2032 | CAGR of 13.5% | Future Market Insights

In 2022, the global proteomics market size was estimated to be around US$ 30.8 Billion. Proteomics demand is anticipated to reach US$ 109.4 Billion by the end of 2032, growing at a strong CAGR of 13.5% between 2022 and 2032.

The proteomics market has grown substantially at a healthy CAGR due to growing need for personalized medicine and rising funds for proteomics research. With rapid technological advancement and innovation, proteomics market is expected to grow globally. North America is the largest market for proteomics market and Asia Pacific would be the fastest growing market in the forecast period.

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Proteome is an entire set of proteins which is produced by a system or an organism. It can vary with different time, requirements, stresses, that an organism goes through. Proteomic is a systematic study of proteins on a broader way. Since proteins are the functional units of cells, hence proteomic answers all the questions related to it.

Proteomics research can be enhanced by advances in mass spectrometry and protein and DNA sequence database. Proteomics requires various instruments, equipment’s, reagents, media and software’s for protein identification, quantification and identification of the interaction between proteins.

Proteomics Market: Drivers & Restraints

Growing demand for personalized medicine market, technological advancement, innovation, increase availability of funds from both private and public sector for proteomics increasing healthcare expenditure, increasing genetic disorders, birth disorders are the most important driving factors in proteomics market.

Since growth of pharmaceutical and biopharmaceutical market is fast, the demand for proteomics market has increased. With so many advantages and splendid features of proteomics, it has few disadvantages too. High cost of the medicines and devices and lack of professional researchers are acting as a barrier for proteomics market.

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Proteomics Market: Regional Outlook

The proteomics market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, proteomics market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America is the largest market for proteomics market and is contributing the most as compare to other regions. Asia Pacific is the fastest growing region in the forecast period.

Proteomics Market: Top Players

Some of the key market players proteomics market are Agilent Technologies, Thermo Fisher Scientific Inc., Danaher Corporation, Genzyme Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Affymetrix Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Proteomics Market: Key Segmentation

By Equipment :

  • Chromatography
  • Mass Spectroscopy
  • Protein Microarray
  • X-ray Crystallography
  • Protein fractionation
  • Others

By Services:

  • Laboratory Service
  • Data Analysis and Services

By Application:

  • Drug discovery
  • Clinical Diagnosis
  • Others

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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.

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Synthetic Biology Market will reach a value of US$ 138.8 Bn by 2032 at a CAGR of 24.3% | Future Market Insights

The global synthetic biology market is expected to be worth US$ 15.8 billion by the end of 2022, and to grow at a CAGR of 24.3% to be worth US$ 138.8 billion by 2032. According to a recent study by Future Market Insights, the oligonucleotides segment by product will lead the market with a share of approximately 43.6% in 2021.

The synthetic biology market is a technology that is currently in high demand in the biotechnology, chemical, and biofuel industries, and their products will soon outnumber those of other industries. There is progress toward making this technology useful in therapeutic areas where society can benefit directly.

The success of synthetic biology in DNA sequencing and synthetic microbes in vaccines, as well as faster and more efficient modular DNA assembly methods, has proven to be a promising market, prompting pharmaceutical and healthcare companies to make significant investments.

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Synthetic Biology is one of humanity’s breakthrough technologies derived from chemistry, biology, computer science, and engineering, which has changed the approach to therapeutics. Its applications range from biofuels to industrial enzymes, vaccine and antibody production, bio-based chemicals, and synthetic biology life science research.

Traditional medicines are being phased out in favour of genetically modified products, DNA sequencing, and DNA synthesis technologies. Though this market has potential, there are risks and hindrances such as government regulations and policies, biosafety and biosecurity issues, and bio-war, but these issues are being addressed by regulatory bodies and research institutions.

With advanced computing and design systems, the synthetic biology market has changed the entire approach to traditional methods of combating newer diseases and genetic challenges.

Synthetic Biology Market: Regional Outlook

Depending on geographic regions, global radiofrequency ablation system market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

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Europe is a leading market followed by North America, Europe has invested in developing synthesis of biologically based or biologically inspired systems.

In North America Defense is a major contributor in the investment done in the past years. In Asia, India and China are said to progress in developments over future to be a part of the Synthetic biology market.

The success of this market will depend upon the conversion from basic research to applications which will rise the future opportunities to understand the natural biological systems. Thus the market for synthetic biology is showing no sign for slowing down but managing the future social, ethical and legal responsibilities will lead to innovation.

Synthetic Biology Market: Top Players

The major key players in the synthetic biology market are: Thermo Fisher Scientific Inc., Agilent Technologies, GEN9, Sigma-Aldrich Co. LLC., Amyris Biotechnologies, Epoch Life Science Inc., Gevo Inc., Intrexon Corporation, Sangamo Biosciences and Gingko Bioworks.

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Synthetic Biology Market: Key Segmentation

By product:

  • Core Products.
  • Synthetic DNA
  • Synthetic Genes
  • Synthetic cells
  • DNA & RNA Purification Kits
  • Recombinant Proteins

By technology:

  • Mutagenesis
  • DNA sequencing
  • Genome engineering

By applications:

  • Pharmaceutical Companies
  • Research Organizations
  • Chemical Industries
  • Universities

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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.

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Teeth Whitening Market value is estimated to reach US$ 6.6 Bn in 2022 and is expected to reach US$ 10.7 Bn by the year 2032 end – FMI

As per Future Market Insights’ latest revised industry analysis, the global teeth whitening market was valued at around US$ 6.4 Bn in 2021, and is expected to expand at a CAGR of 4.9% over the forecast period (2022-2032).

Cosmetic dentistry, which includes procedures like tooth replacement, space closure, contouring, and whitening, attracts a lot of interest. Smoking, consuming particular foods, and frequently consuming tea, coffee, and other liquids all cause teeth to become discoloured over time.

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Patients have more options now that allow them to have healthy, naturally white teeth due to advancements in cosmetic dentistry. Because it is both affordable and effective, tooth whitening has become one of the most used cosmetic dentistry procedure globally. These elements have contributed to the expansion of the global teeth whitening market.

About 47.2% of Americans over 30 in the U.S. have periodontal disease, according to the CDC. Additionally, increasing number of dental aesthetic operations has led to the development of new technology in cosmetic dentistry, and the established healthcare infrastructure is substantially supporting market expansion on a global level.

Due to this there are now more licences and permits available on the market for teeth whitening products, which has increased the variety of products available. Enterprises in the market are focusing on obtaining regulatory approvals in order to advance the sector and offer items that adhere to rules.

Thus, the market for teeth whitening will expand due to the growing usage of these products.

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Key Takeaways from Market Study

  • The teeth whitening devices segment accounted for around 0% share of total teeth whitening market in 2021, owing to a rise in the awareness for oral hygiene as well as education of people regarding treatment of periodontal diseases through these devices.
  • The retail sales segment dominates the teeth whitening market with about 0% share in 2021, owed to the increasing need for teeth whitening products.
  • North America accounts for the highest share of 4% of the global teeth whitening market share in 2021, due to the increased incidence of oral cancer cases, increasing influence of social media, and increase in the number of product approvals in this region.
  • Europe is slated to be the second largest region for teeth whitening market, holding a market share of around 2% in the global market, in 2021, owed to the presence of a high number of independent dental practices.

“Increasing incidence of periodontitis and associated diseases, and increasing number of approvals by the regulatory bodies for teeth, are factors set to boost the market over the forecast period,” says an analyst of Future Market Insights.

Market Competition

In order to diversify their product offerings and increase their geographical presence, leading industry participants in the teeth whitening market are concentrating on the development, introduction, and approval of innovative products.

  • American Orthodontics and Ultradent Goods, Inc. established a partnership on February 8, 2021, in which American Orthodontics would exclusively distribute Ultradent’s Opal Orthodontics branded products to orthodontists in the United States.
  • Repair and Protect with Deep Repair toothpaste was introduced by GSK Consumer Healthcare in September 2021 to provide a minty and whitening toothpaste for people who have dentine hypersensitivity.

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Teeth Whitening Market by Category

By Product:

  • Teeth Whitening Gels & Strips
    • Carbamide Peroxide with Potassium Nitrate and Fluoride
    • Carbamide Peroxide
    • Hydrogen Peroxide
  • Teeth Whitening Devices
    • LED Lights
      • Corded LED Lights
      • Cordless LED Lights
    • UV Lights
    • Halogen Lights
  • Oral Care Products
  • Others

By Distribution Channel:

  • Institutional Sales
    • Dental Hospitals
    • Dental Clinics
    • Group Dental Practice
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
    • Hypermarket and Supermarket
    • Online Sales

By Region:

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

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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.
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Pharmaceutical Cold Chain Packaging Market to Display Impressive Growth of 15 % with Rising Demand

Pharmaceutical cold chain packaging will gain traction due to the expansion of pharmaceutical and healthcare industries. Sales of pharmaceutical cold chain packaging are expected to grow at a CAGR of 14.9% between 2021 and 2031, opines Future Market Insights.

The global pharmaceutical cold chain packaging market is rendered fragmented by the presence of numerous companies. However, most of the key manufacturers primarily concentrate in India, China, and the U.S.

Impressive growth is on card for the market as new entrants are expected to establish their manufacturing units in developing nations such as India, Brazil, and Malaysia. Penetration is so low in the market that it would increase by ten folds in the forthcoming years.

Low production costs, easy access to labor, and easy availability of raw materials have attracted several market players to Asian countries. This trend also is visible in the pharmaceutical cold chain packaging market.

Demand for safe packaging materials is increasing in the pharmaceutical industry. Expansion of pharmaceutical delivery chains has fuelled the demand for solutions to allow storage of products in the prescribed cold temperature so that they don’t undergo any chemical reaction or change their formulation, which could be dangerous for the consumers. These factors are expected to bode well for the market.

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Key Takeaways from Pharmaceutical Cold Chain Packaging Market

  • By packaging format, active packaging is expected to grow by 4.5x times by 2031.
  • By product, the demand for large sized pallet containers is expected to increase at a CAGR of 16.6% during the period of 2021-2031.
  • By material, paper is expected to create an incremental opportunity of US$ 10.5 Bn during the forecast period.
  • By application, vaccine and diagnostics segment is expected to hold a value market share of 44.1% in 2021.
  • By end use, vaccine packaging industry is expected register Y-o-Y growth of 17.1% in 2021.
  • The U.S. pharmaceutical cold chain market is expected to reach a market value of US$ 7.0 Bn by 2031.
  • India is expected to be the most lucrative market across South Asia
  • China and Germany are expected to spearhead the growth of East Asia and Europe market during the forecast period.

“Sales of sustainable pharmaceutical cold chain packaging solutions are driven by the need for more ecological packaging with improved tracking. Steered by increasing demand, market players are expected to focus on strategic collaborations. This also will help them expand their footprint globally” says FMI analyst.

Commencement of Inoculation Across the Globe will Improve the Pharmaceutical Cold Chain Packaging Market DemandWith the pressure to distribute the COVID-19 vaccine worldwide and to address the seasonal demand for flu shots, pharmaceutical companies are largely depending on cold chain packaging companies to deliver their products in a faster, convenient and hassle-free manner. It is improving the value of the cold chain packaging market and giving rise to innovations and technological advancements.

Collaborations and Integrations Among Key Players to Boost Market DemandDue to the slight disruption in supply chain due to COVID-19, pharmaceutical companies are involving multiple players to fulfil delivery across the globe. With multiple companies involved, multiple touchpoints for delivery are created and the product could be easily tracked in this process. Several companies are integrating with logistic providers to create a special logistic chain that can carry the processes like warehousing, logistics, delivery and shipment with lower costs.

Market LandscapeSonoco ThermoSafe, Cold Chain Technologies, Sealed Air Corporation, Nordic Cold Chain Solutions, Cryopak, CSafe Global LLC, TemperPack Technologies, Inc., Insulated Product Corp., Global Cooling, Inc., Envirotainer AB, va-Q-tec AG, EMBALL’ISO, Softbox Systems, Sofrigam SAS, DGP Intelsius LLC, Tempack Packaging Solutions SL, TOWER Cold Chain Solutions, Pelican BioThermal LLC, Blue Star Limited, BIOBASE Group, Andores New Energy Co., Ltd., Haier Biomedical Co. Ltd., Tamai Kasei Co., Ltd., Dhruvraj Syndicate, Valor Industries, KODIAKOOLER, WoolCool Ltd., and Allwin Roto Plast are few of the market players in the pharmaceutical cold chain packaging market.

Tier one market players hold 10% to 15% of the total global pharmaceutical cold chain packaging market. As per FMI, tier-1 players include Sonoco ThermoSafe, Sealed Air Corporation, and Nordic Cold Chain Solutions. Sonoco ThermoSafe is expected to contribute approximately 3 to 4% to the total pharmaceutical cold chain packaging market share.

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Pharmaceutical Cold Chain Packaging Market ReportFuture Market Insights, in its new report, offers an unbiased analysis of the global pharmaceutical cold chain packaging market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031.The study reveals growth projections on the pharmaceutical cold chain packaging market based on packaging format (passive packaging [single use or one way use packaging],  product (small boxes, pallets [single pallet, double pallet], large sized pallet containers), material (polymer [polyethylene, polypropylene, PET, EPS, polyurethane, others], application (biologics and biological samples, vaccines and diagnostics, others), end use(diagnostic centers, clinical research organization, blood banks, vaccines packaging industry, pharmaceuticals, other healthcare units), across seven region (North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa).

Pharmaceutical Cold Chain Packaging Market by CategoryBy Packaging Format:

  • Passive Packaging
    • Single Use or One Way Use Packaging
    • Multiple Use or Re-Usable Packaging
  • Active Packaging
    • Reefer Trucks and Containers
    • Active Pallet Containers

By Product:

  • Small Boxes
  • Pallets
    • Single Pallets
    • Double Pallets
  • Large sized Pallet Containers

By Material:

  • Polymer
    • Polyethylene
    • Polypropylene
    • PET
    • EPS
    • Polyurethane
    • Others
  • Metal
  • Paper

By Application:

  • Biologics and Biological Samples
  • Vaccines and Diagnostics
  • Others

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By End-Use:

  • Diagnostic Centers
  • Clinical Research Organization
  • Blood Banks
  • Vaccines Packaging Industry
  • Pharmaceuticals
  • Other Healthcare Units

By Region:

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

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U.S Glassine Paper Market sales Demand & Growth By printing and publishing industry | FMI

The global glassine paper market is projected to witness positive growth in 2021, with worldwide revenues up by 3.2% year over year. A new market analysis by Future Market Insights (FMI) estimates the glassine paper revenues to nearly double between 2021 and 2031, reaching US$ 4.7 Bn in 2031, exhibiting a steady 5.0% CAGR.

The global glassine paper market is fragmented in nature with the presence of key market players in the U.S., Germany, Italy, China, and Japan. The glassine paper market is anticipated to offer lucrative opportunities to new entrants for expansion in developing nations such as India, Brazil, Malaysia in the upcoming years.

The global consumption of glassine paper is expected to grow just over 1.8 Mn Tonnes by the end of 2021. Demand for unbleached glassine paper is forecast to increase at 3.3% between 2020 and 2021, estimated the combined glassine paper markets consumption year-over-year growth of 2.7% in 2021, opines FMI.

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Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper which is made for the safe and hygienic packaging of eatables and drinkables. Moreover, increasing demand for food & beverages is resulting in the high usage of safe packaging materials, which is further augmenting growth of the glassine paper market.

Growing consumer awareness regarding quality and safety of food and beverages is bossting demand for safe packaging materials. This is anticipated to continue fueling sales of glassine paper during the forecast period.

Glassine Paper Market- Key Takeaways

  • Based on material type, unbleached glassine paper segment is expected to offer total incremental opportunity of US$ 766.4 Mn during the assessment period.
  • In terms of application, cups and wrappers segment is projected to hold 27.5% of the global glassine paper market share, while the tapes and labels segment is projected to create an incremental opportunity of US$ 444.1 Mn.
  • By end use, printing and publication segment is expected to exhibit a 6.2% CAGR through 2021. Pharmaceutical segment is expected to attract an incremental opportunity of US$ 440.9 Mn in the forthcoming years.
  • Emerging markets in East Asia and Latin America are projected to witness high demand for glassine paper, owing to increasing usage in ready-to-eat meals, holding more than 22% of market share by the end of 2021.

“Recycling is a sustainable method to preserve environmental quality and reduce carbon footprint. Recyclability, sustainability and eco-friendliness of glassine paper will continue driving its applications in various end use industries through 2031. Glassine paper market is expected to expand with a YOY growth of 3.9% during the years 2021 – 2022,” says the FMI analyst.

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Increasing Sales of Waxed Papers to Fuel Glassine Papers Market Growth

Glassine paper can be used as waxed paper, once coated with wax on its surface. Waxed papers provide an economical choice for primary food packaging not only because of their versatility but also because of their safety as tasteless, odorless, non-toxic, and relatively inert materials.

Applications of waxed glassine paper in conventional packaging applications include: delicatessen pickup sheets; box liners; cover, scale, and utility sheets; patty papers; sandwich wraps; and bags, laminations to other papers and paperboard for food trays, locker papers, carryout cartons, food pails, baking cups, folding cartons, cereal liners, and folding carton overwrap. The varied applications of waxed papers are expected to boost sales of glassine paper in forthcoming years.

Food Packaging Will Continue Spurring Demand for Glassine Paper

The exponential rise of the food industry is being witnessed in all parts of the globe, due to the rise in consumer awareness about the quality of food and safety of the food while it is being delivered to the end user. The demand for safe packaging materials is high.

The growing food delivery chains ensures that the food packaging is non-reactant to the food so that the consumer can enjoy the food without getting any reaction or harm.

Glassine paper is non-reactant to the food or beverages packed in it, especially the food-grade glassine paper is made for the safe and hygienic packaging of eatables and drinkables. Moreover, the high demand for food & beverages is resulting in the high usage of safe packaging materials, which is gradually resulting in the growth of the glassine paper market.

Glassine Paper Market by Category

By Material Type:

  • Bleached
  • Unbleached

By Application:

  • Cups & Wrappers
  • Soap Wrapping
  • Flower Wrapping
  • Binding Paper
  • Tapes & Labels
  • Envelopes
  • Other Applications (Interleaving Paper, etc.)

By End Use:

  • Food
    • Bakery & Confectionery
    • Ready to Eat Meals
    • Others (Snacks, etc.)
  • Pharmaceutical
  • Personal Care
  • Printing & Publication
  • Chemical
  • Other Consumer Goods

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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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Policosanol Market (Covid-19) Effect: Trends and Forecast 2031

The policosanol market is growing at a significant rate owing to increasing benefits derived from policosanol in the nutraceutical industry. According to a study by Future Market Insights (FMI), the overall valuation of the market is expected to surpass US$ 282 Mn in 2021. Growth will remain positive, especially as industries realize the clinical utilities of policosanols.

The presence of antioxidant properties in policosanol has resulted in its inclusion in the treatment of degenerative diseases like cardio-vascular disease and diabetes. Therefore, increasing health conscious among consumers is fuelling the demand for policosanol products.

Along with nutraceutical properties, policosanols have proven beneficial in acne treatments, skin repairing that makes it even more used ingredient worldwide. Several dermatologist and dieticians around the globe consider policosanol as a key compound, which is easily available in plants such as sugarcane, wheat, and rice. Policosanols are very useful for acne prone skin as these ensure that pores are clear of oil as it acts as an anti- seborrheic agent.

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Other skin benefits of using policosanol products are it reduces ageing process and helps in skin tightening. Escalating demand for policosanols in cosmetic and personal healthcare products is a major factor driving the policosanols market growth during the forecast period.

Consumer are even suggested to make policosanol a part of their dietary intake. Policosanol at extraction stage is a potent source of active enzymes, minerals, vitamins, and proteins. Therefore, increasing health consciousness among consumers is fuelling the demand. According to the report, dietary supplements segment will emerge as a key application, accounting for over 30% of sales in the market in 2021.

Key Takeaways from Policosanols Market Study

  • Increasing focus on health and wellness will drive sales, enabling the policosanol market exhibit 5.9% CAGR between 2021 and 2031
  • The U.S holds over 80% share in the North America policosanol market, thanks to increasing use of policosanol as a key ingredient in pharmaceuticals and nutraceutical formulation
  • The U.K. will emerge as a chief market, exhibiting steady y-o-y growth at 2.2% in 2021
  • Increasing focus on health and wellness will drive sales in France and Germany
  • East Asia remains a chief market, driven by increasing demand from China and South Korea

“Diverse applications will continue supporting the expansion of policosanols market. Steered by ongoing trends, manufacturers are likely to focus on product launches to be able to offer products that suit consumer requirements,” said a lead analyst at FMI.

Application in Cosmetic Industry Will Boost Growth

Consumers have become conscious about their skin and are looking for natural products especially for skincare and hair care. Cosmetics and skin care industry has seen tremendous surge in the use of policosanol moisturizer products as it provides various skin benefits such as tissue repair, elasticity, and depigmentation, thus making the skin look healthy and radiant.

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Use of Policosanol in Animal Feed is Fueling the Demand

Policosanols aremostly used in specialized feeding applications with monogastric animals, such as in milk replacers. The use of policosanol in pet foods as well as livestock feed has shown an improvement in the animals’ overall health. Manufacturers have great scope of business as in animal feed industry and animal feeders are demanding plant derived products as  more effective in terms of nutrition.

Who is winning?

Some of the key players operating in the Policosanols market are AmbePhytoextracts, Marcor- An Azelis Company, Douglas Laboratories, Now, Garuda International, Inc, Hainan Zhongxin Chemical, Hainan Zhongxin Chemical, Herblink Biotech Corporation, HuzhouShengmaBiochem Co. Ltd.Key players are adopting strategies like new product development, acquisition, sustainable partnership with distributors etc. for policosanols market.

  • In 2019, Garuda International, Inccompanyhas launched upgraded version of LesstanoL® Sugar Cane Wax Policosanol / Octacosanol. It is a ingredient which can used in many types of formulation of dietary supplement tablets or capsules.
  • In 2019 ZOI Research, The company launched its Certified-Organic version  ZOI Research, Cholesterol Support, 90 Vegetarian Capsules. To ensure lipid metabolism for cholesterol level management.
  • In 2020 India Glycols Ltd., The company launches various Phytochemicals / nutraceuticals as Ennature Biopharma is in the business of manufacturing natural active pharmaceutical ingredients (APIs), standardized botanical extracts and spice extracts for the beverage, dietary supplement, functional food, pharmaceutical and cosmeceutical industries.
  • In 2019 Mediplus, The company launched policosanols tablets . It is a packet of 60 tablets that is formulated using advance techniques in New Zealand. It not only support healthy cholesterol levels but also enhances stamina.
  • In 2020 Cyvex Nutrition, Inc., The company launched new tablets called as Swanson Ultra Policosanols supplements. These supplements are among the best sellers in 2020. It helps in maintaining a good cardiovascular health. As policosanols help in combating health issues.

Policosanol Market by Category

Source

  • SugarcaneWax
  • Bees Wax
  • Rice Bran
  • Wheat Germ
  • Others(cereal grains, grasses etc.)

Grade

  • 0.90 Policosanol
  • 0.95Policosanol
  • 0.99Policosanol

Extraction Process

  • Solvent Extraction
  • Supercritical CO2 Extraction

Application

  • Food Processing
  • Personal Care & Cosmetics
  • Dietary Supplements
  • Nutrace utical
  • Animal Feed
  • Pet Food

About Future Market Insights (FMI)

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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Textile Transfer Paper Market | United States is projected to account for more than 86% of the total North America

The textile transfer paper market income added up to $632.1 Million of every 2020, as indicated by the most recent bits of knowledge from Future Market Insights (FMI). The general textile transfer paper market is supposed to arrive at US$ 1,292.8 Million by 2031, developing at a CAGR of 6.4% for 2021-31.

With the ascent in buy power among shoppers across the globe, there has been a critical expansion in the interest for premium quality textiles. Out of different techniques like direct printing and warm transfer printing, the color sublimation textile transfer printing offers unrivaled quality print and upgraded toughness.

Color sublimation textile transfer papers are generally utilized in the computerized printing of things like clothing, home textiles and delicate signage. Because of the simplicity in accessibility and relatively conservative warm transfer printing process, the majority of the producers actually use it over the color sublimation printing process.

Textile printed with warm transfer printing are less solid and the print quality is corrupted by a few variables like continued washing or intensity among others. In spite of this, color sublimation transfer printing isn’t simply impervious to these variables, yet is more solid and unrivaled in quality.

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As result producers are showing more noteworthy inclination for color sublimation transfer printing cycle to satisfy the developing interest for premium quality textiles. The developing inclination of makers towards color sublimation textile transfer printing over customary warm transfer printing is expected to increase the interest for the objective item.

Key Takeaways from Textile Transfer Paper Market

By thickness (GSM), 60 – 90 GSM textile transfer paper segment is consistently increasing at a prominent growth rate of 7.3% during 2021-2031. This is mainly because of its extensive compatibility with a wide variety of end uses.

By paper type, the coated paper type is expected to hold a major pie of 74.2% value share in 2031 compared to others in the industry, as a result of its increasing popularity among small players in the market.

The increasing application of tacky product type to reduce the ghosting issue while printing on lightweight textiles is driving its growth in the textile transfer paper market. The sales of tacky textile transfer paper are projected to expand at a CAGR of 7.1% during the span of the next 10 years.

By region, North America and Europe currently hold over 54.1% of the total textile transfer paper market owing to their well-established textile printing industry. But the growth of South Asia and East Asia is expected to be higher than other regions.

South Asia and East Asia markets are expanding at CAGR of 9.5% and 7.3% respectively as a result of strong efforts of the governments and manufacturers in boosting the textile industry in these regions.

Consumers tend to prefer textiles with dye sublimation transfer printing for the impressive durability and vivid designs offered by the technology. These factors are anticipated to be a foundation for elevating the demand for textile transfer paper in the market.

Manufacturers in the textile transfer paper industry are consistently making efforts to capture this elevated demand by expanding their product portfolio, manufacturing capabilities and strategic partnerships.

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“Textile transfer paper offer benefits such as enhanced durability with decreased drying time, besides a wide range of color pallets. As a result, has become highly sought-after among manufacturers within the textile printing industry,” says FMI analyst.

Demand for Customization to Shape Textile Transfer Paper Market

Dye sublimation transfer printing process is very precise and it is very important to use papers with exact specifications in terms of thickness (GSM), paper type, and product type for high-quality print.

Manufacturers are looking for technologies that will help them provide a perfect combination of all three aspects as per the customer requirement to gain maximum market share. As dye sublimation transfer printing process is comparatively costlier than other alternatives, customers are very cautious regarding the quality of the papers.

There is also high demand for customization of paper rolls in terms of lengths and width of the roll as the consumer has to additionally invest time and money for trimming the rolls to meet their requirements. There are not many manufacturers equipped with providing a wide range of specification creating a huge opportunity for players to enhance their product offerings and attracts more number of customers.

Impact of COVID-19 on Textile Transfer Paper Market

Negative repercussions of the COVID-19 pandemic were severe on the textile transfer paper market. There are many factors that affected market growth. Restrictions on logistics and manpower in the manufacturing sector are among primary reasons that hampered the supply of the product in the market.

Furthermore, the demand from end users such as fashion, sportswear, home textiles, and soft signage segments suffered a major blow due to the pandemic. The countrywide lockdown imposed by many nations resulted in decreasing the demand for non-essential items.

Demand and supply for textile transfer paper was considerably hampered in the year 2020. However, with ongoing ease on restriction and lifting of lockdowns across the globe the first quarter of 2021 showed positive signs of rapid recovery for the target market. The market for textile transfer paper is projected to expand at an even higher growth rate during the forecast period compared to the period before the COVID-19 pandemic.

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Textile Transfer Paper Market by Category

By Thickness (GSM):

  • Below 60 GSM
  • 60 – 90 GSM
  • Above 90 GSM

By Paper Type:

  • Coated
  • Uncoated

By Product Type:

  • Tacky
  • Non-tacky

By End Use:

  • Fashion
  • Sportswear
  • Soft Signage
  • Home Textiles

By Region:

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

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The Grape Skin Extract Market in 2031: Comprehensive shares, Historical Trends and Forecasts

Consumption patterns of consumers have changed drastically as they continue exhibiting high demand for consumer goods with cleaner ingredient list. The trend has moved beyond the food and beverages sector to encompass other industries such as skincare and pharmaceutical. As per a new study by Future Market Insights (FMI), the changing behavior pattern of consumers will remain a chief driver of the grape skin extract market. According to the report, the grape skin extract market is poised to reach a valuation of US$ 128.1 Mn by end of 2021.

Grape skin extract has various health benefits. It helps in prevention of health concerns such as digestion disorders, gut issues, bloating, and obesity problems. Dermatologist also claim about various benefits of grape skin extract to give a clear and moisturized skin. Grape skin extract contains the highest amount of polyphenols which are known as antioxidants which help the body to fight free radicals and thus protecting skin against breakouts.

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As the demand for chemical free cosmetics and skin care products is rising, the use of fruits in skin care regime is increasing. Grape skin extract has certain components that helps in skin renewal by repairing the tissue that is the out layer of the skin. Therefore increasing application in skincare, food, and pharmaceutical products will continue enabling growth in the market. The food and beverage processing segment is expected to remain a key end user, accounting for over half of grape skin extract produced between 2021 and 2031.

Key Takeaways from the Grape Skin Market Study

  • Despite supply chain disruptions caused amid pandemic, the grape skin extract market will register above 5% y-o-y growth in 2021
  • Increasing focus on health and wellness will drive sales in the U.S., enabling it to account for over 88% of the North America market in 2021
  • The U.K. will emerge as an important market within Europe, exhibiting above 3% y-o-y growth in 2021
  • France will remain a lucrative market for grape skin extract, driven by increasing production of wine
  • Despite China’s dominance in the East Asia market, the demand from Japan will increase at a higher rate over the forecast period

“Companies operating in the market are capitalizing on changing behaviour pattern of consumers. As a result of increasing demand for products containing natural ingredients, the focus on product launches will remain high,” said a lead analyst at FMI

Diverse Health Benefits of Grape Skin Extracts Driving Sales

Grape skin extract’s powder is highly in demand due to its positive results on health. Grape skin extracts powder extract is exceptionally popular because of its positive outcomes on wellbeing. Grape skin extracts powder is a rich source of monomeric polyphenols and polymeric polyphenols. Grape skin extractsare the fundamental crude material of anthocyanin.

The most bountiful anthocyaninsare extricated from red grapes build up from red wine refineries. Grape skin extracts polyphenols principally include OPCs and anthocyanin, which possess over 95% of the all-out polyphenols. Grape skin extracts polyphenols are isolated into hued polyphenols and lacklustre polyphenols. Their shade is a characteristic anthocyanin shade, with brilliant tone, high security, and great water dissolvability, non-poisonous and supplement rich, and can be utilized as a food and beautifiers colorant.

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Who is winning?

A few of the leading players operating in the Grape skin extract market are Keller Juices S.R.L, GRAP’SUD, Plamed Green Science Group, Nans Product, NFC Industry Co., Limited, Nutra Food Ingredients, Alvinesa Natural Ingredients, AlpspureLifesciences Private Limited, Natacgroup, PanteleyToshev Ltd, Vital herbs, Tangshan Eusa Colors Int’l Group(EUSA COLORS), Presque Isle Wine Cellars, Parchem Trading Ltd.

Companies operating in the market are primarily focusing on product launches. For instance:

  • In 2020, Nutra Products Inc.,Frutarom BU Health, and BENEO launched new products and ingredients that featured vitamin C, protein, super berries, and other nutrients derived from grape skin extracts.
  • PanteleyToshev Ltd, a leading manufacturer in organic beverages, is a worldwide producer and exporter of grape skin extract. With the help of specialized technology they offer anthocyanin derived from grape skin extract, which are great for coloring alcoholic drinks, soft drinks, energy drinks. They have developed Orange- Yellowish shades which can be used in ice creams, desserts, bakery items.
  • A brand named Merlot Skin Care, which is a famous for innovating skin products from grape seed and skin, announced the launch of body lotion which is used for long lasting hydration and gently protect skin with powerful natural antioxidants found in red grape seeds.

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Grape Skin Extract Market by category:

By Nature

  • Organic
  • Conventional

By Product Type

  • Red Grapes
  • White Grapes

By End Use Application

  • B2B
    • Cosmetics and Personal Care
      • Creams
      • Lotions
      • Masks
      • Shampoos
  • Food & Beverage Processing
    • Bakery Products
    • Confectionery & Snacks
    • Gums
    • Meat Products
    • Beverages
    • Others (processed food, etc.)
  • Pharmaceuticals
  • Dietary Supplements
    • Capsule
    • Chewable
    • Liquid extract (tincture)
    • Powder
  • B2C
    • Modern trade
    • Specialty Stores
    • Wholesale Stores
    • Health & Pharmacy stores
    • Online Retailing
    • Other Retail Formats

About Future Market Insights (FMI)

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 Us:

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 Other Reports: https://www.futuremarketinsights.com/reports
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