Market Research Blog – Page 9243 – New Product Development

The Protein Hydrolysate Ingredients Market For 2022-2032: Positioning, Future Prospects, and Sales of the Key Players

According to Future Market Insights, the protein hydrolysate ingredients market will generate US$554.9 Mn in revenue by 2022. The global market for protein hydrolysate ingredients is anticipated to reach US$ 1 billion by 2032, expanding at a CAGR of 7.30% from 2022 to 2032.

Growing popularity of sports nutrition as consumers are switching towards healthy lifestyle is fueling the demand for sports nutrition segment especially whey protein hydrolysate ingredients.

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Market Dynamics:

Increasing awareness among consumers about the health benefits of high protein content diets and supplements will create growth opportunities for the market. It also is expected to gain from growing emphasis on deriving protein hydrolysate ingredients from best protein source.

Increasing demand for versatile clinical nutrition with great taste will drive the market during the forecast period. Application in infant formula also will increase, especially in emerging economies and is predicted to boost the consumption of protein hydrolysate ingredients in coming years.

Protein hydrolysate ingredients infused infant formula products are increasingly occupying shelves spaces in convenient stores and supermarkets across the globe. With launch of a large number of new infant and toddler formula products, rising awareness regarding the early nutritional value in infant, and increasing consumer spending on baby’s health care products, the market is expected to grow at an accelerated pace in the coming years.

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Regional Market Analysis:

North America protein hydrolysate ingredients market is forecast to grow at 7.90% CAGR during the assessment period. Sales uptick can be attributed to high consumption of whey proteins and other protein ingredients and expansion of specialty food ingredient processing industries in the U.S. With increasing production of whey powder and growing demand for plant based protein alternatives in U.K and Germany, Europe protein hydrolysate ingredients market is predicted to expand at more than 6.90% CAGR through 2031.

Asia Pacific is expected to offer lucrative opportunities for market growth, backed by rising penetration of large number of infant and toddler formula products in China and Vietnam. Japan and South Korea account for 5.3% and 5.1% of the global market share respectively in 2021. Growing consumer inclination towards healthy lifestyle and rise in number of health centers and gymnasiums are the key growth drivers in these countries.

“Introduction of snack bars and protein gels with enhanced functionality and taste shape up the protein hydrolysate ingredients market in the future. Rise in health conscious population will fuel the demand for organic labels, protein bars, complete whey milky beverages and powder shakes across the globe,” says the FMI analyst.

Competition Tracking

Prominent players in the international protein hydrolysate ingredients market are Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, FrieslandCampina N.V., and Hilmar Ingredients. These accounted for a cumulative share of approximately ~25-30%.

Leading market players are focusing towards expanding their product portfolio to consolidate their market position. For instance, Arla Foods announced its first organic ingredient MicelPure in August 2020, to cater the ever growing demand for natural protein ingredients. MicelPure is 87% native protein suitable for functional ingredient-based health foods. It is heat stable, contains minimum fat and lactose content.

In 2016, Arla Foods launched new whey protein hydrolysate specially designed for applications in gel, powder, milky beverage, and clear beverage. The enzymes will break down the whey protein and the ingredient will be absorbed by the body at a faster rate.

Emergences of new players have positively influenced the market growth through new product launches. In 2021, A new infant formula U.S. based start-up company, ByHeart reported the completion of its infant formula clinical trials and is on the way to become 4th fully integrated FDA-registered, U.S. based infant formula brand in the country.

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Protein Hydrolysate Ingredients Market Segmentation:

By Ingredient Type:

Milk
Whey
Casein
Plant
Meat

By Product Form:

Powder
Liquid

By End Use:

Infant Formula
Clinical Nutrition
Sports Nutrition
Bakery & Confectionery
Sauces & Spreads
Others

By Regions:

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

About 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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Macadamia Market Size and Statistics, Growth Trend Analysis and Forecast Report, 2022-2032

The global macadamia market size was valued at USD 1.53 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.2% from 2022 to 2032. Processed Macadamia accounted for USD 741.7 Mn in 2017.

Macadamia’s beneficial nutritional profile has been captivating consumer interest in recent years. With fostering consumption of dried fruits and nuts, the market for macadamia nuts also holds an optimistic growth outlook for the next few years. As indicated by a recent research report released by Future Market Insights, the global market for macadamia is foreseen to expand at a CAGR of 7.5% over a 10-year projection period, 2022-2032. However, high price point remains a longstanding barrier to widespread consumption, coupled with availability of a range of cheaper tree nut product alternatives.

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Of the total global macadamia consumption, around 35% is being registered by the food processing industry that uses the nut as an innovative ingredient in ice creams and snacks. The research also highlights a slew of opportunities that exist in the food processing segment, which are expected to provide an impetus to market growth. Product innovation and boosting sales of processed food segments such as snacks and ice-cream have been identified to be among the most prominent factors pushing the performance of macadamia market, worldwide. The US$ 2.23 billion macadamia market is likely to witness a prominent drive by growing consumer preference for vegan food products, as depicted in Future Market Insights’ (FMI) recently released report, titled ‘Macadamia Market’: Global Industry Analysis 2013-2017 and Opportunity Assessment 2022-2032.’

Spike in Consumption Rate to be Witnessed by Developing Economies in MEA & APEJ

North America has been the top producer as well as consumer of tree nut, followed by MEA and APEJ. While North America is presumed to remain one of the key markets for macadamia, MEA is believed to remain a dominant regional market – registering the highest consumption volume as well as value throughout the projection period. This growth is highly attributed to incredible opportunities for macadamia nut procedures in South African region. The global macadamia market is now a buyer negotiated space and with growing demand for size and quality, South Africa is believed to be a key market, eventually pushing the prospects for MEA. The demand and consumption of macadamia nuts in China is growing at a rapid pace, which is strongly influencing the market performance in Asia Pacific.

New Application Areas Debut, Creating Attractive Growth Prospects

Research findings indicate that consumption of nuts has been strongly associated with a relatively lower risk of obesity and metabolic syndrome, which will trigger a proliferating trend of increased consumption of tree nuts, including macadamia. Moreover, the Omega 7 oil content of macadamia nuts is likely to unlock new target end uses such as anti-aging cosmetics. European and Asian economies are expected to raise substantial demand for macadamia-based cosmetic products in near future.

New Product Launches & Impactful Product Promotion to be the Key to Market Expansion

A majority of manufacturers are targeting new markets for expansion, as suggested by the research. While acquisition of prominent regional players is expected to be a key to regional footprint expansion, enhancement of brand portfolio and strengthening of distribution network will also remain among the prominent strategies adopted by leading players in the market. Product promotion and consumer awareness are foreseen to be the top-of-mind priorities for manufacturers.

In addition, companies are also striving to enter key international markets through mergers. Several players are enhancing their production capacity to cater to rapidly growing demand for macadamia products. As key participants in the global macadamia market concentrate more on novel product development and innovative product launches, online (social media) marketing is expected to be on the priority for key manufacturing companies in macadamia market.

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The market has been segmented as below :

By Nature :

Organic
Conventional

By Form :

Raw
Processed
Oil

By End Use :

Residential
Commercial
Industrial
Food Industry
- Confectionery
- Bakery
- Dairy
- Snacks
- Others
Cosmetic and Personal Care

By Distribution Channel :

Direct
Indirect

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Pallet Slip Sheets Market is expected to reach US$ 1631.4 million in value by 2032

In 2022, it is anticipated that the market for pallet slip sheets will be valued US$ 994.2 million. By 2032, the market is anticipated to grow at a consistent CAGR of 5.1% and reach a value of US$ 1631.4 million. Since they are replacing wooden pallets as the main means of handling and moving goods inside a facility, pallet slip sheets are in greater demand. The market as a whole is being dominated by the trend of recycled materials.

Pallet slip sheets are the alternative packaging solution to the wooden pallets. Wooden pallets occupy a lot of space in the facility which could be easily reduced by a significant amount by using pallet slip sheets. The pallet slip sheets are made up of the plastics or corrugated materials.

Plastics pallet slip sheets are widely replacing wooden pallets for the handling and transportation of the products inside the facility. Some of the companies also manufacture plastics pallet slip sheets made up of the recycled plastics polyethylene materials such as FreshPak Corporation. Also, the plastics pallet slip sheets eliminate the need for pallet exchange and could be replaced easily.

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It takes up approximately twenty times less floor space than the wooden pallets which could lead to significant reduction in the material handling costs. The plastics pallet slip sheets are also moisture resistant and repel insects and rodents to maintain proper hygiene level of the products kept over it. The pallet slip sheets are very environment friendly and cost-effective product.

It costs around 90% less than the cost of a wooden pallet. Also, there is no any maintenance cost for the disposal of pallet slip sheets as in the case of wooden pallets. The pallet slip sheets are twenty times lighter than the traditional wooden pallets and could be used multiple times. It reduces the loading/unloading time by up to 60% and can be customized to fit any custom size according to the requirement of the customers.

Pallet Slip Sheets Market: Market Dynamics

The pallet slip sheets market has noticed significant growth in the past few years due to several advantages of this product over traditional wooden pallets solution. It is expected that the pallet slip market will expand at an approximate CAGR value of 7%-8%, during the forecast period. Companies are readily shifting towards pallet slip sheets packaging solutions due to its high cost-effective and environment-friendly characteristics. The slip sheets require very low maintenance and could be easily disposed of in the environment. Pallets slip sheets manufacturers are investing high amounts of money on the research and development of the product to distinguish their products from the other manufacturers.

The slip sheets are compliant with ISPM 15 regulations which restrict the use of timber in international trade. However, Pallet slip sheets require separate push-pull forklift arrangement for the transportation and handling which require extra investment of resources to implement this type of packaging solution. Wooden pallets provide more structural support than pallet slip sheets when used alone. Some of the latest trend observed in the pallet slip sheets market is the introduction of the slip sheets made up of the recycled materials such as recycled PE, etc.

Pallet Slip Sheets Market: Market Segmentation:

The primary applications for the Pallet Slip Sheets packaging are manufacturing and automotive industry. Both of them account for more than 30% of the overall Pallet Slip Sheets market, by end use.

Pallet Slip Sheets Market: Regional Overview

On the basis of region, the Pallet Slip Sheets market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. Europe and North Americas dominate the Pallet Slip Sheets market due to increasing sustainability rules and regulations to use eco-friendly packaging solutions. Also, the pallet slip sheets are cost-effective packaging product when compared to traditional wooden pallets packaging solution. This has led to the increase in demand of pallet slip sheets in these regions.

The Asia Pacific and Latin America region is expected to strong growth potential in the pallet slip sheets market due to rising awareness and new regulations to meet sustainability targets. Presently, there is very low penetration of the pallet slip sheets in these regions due to less number of manufacturers and supplier present in the region. Japan and MEA region also offer untapped growth potential in the global pallet slip sheets market.

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Pallet Slip Sheets Market: Market Players

Some of the key players in the Pallet Slip Sheets market are Fresh-Pak Corp, MEIJER HANDLING SOLUTIONS B.V., Industrial Packaging Corporation, Smurfit Kappa Group, Marvatex Inc., ENDUPACK-SAS, REPSCO Inc., CGP Industries S.A.S., GUNTHER SAS, Tri-Cor Flexible Packaging Inc., Continental Paper & Plastics Corp., Specialty Coating & Laminating llc, KapStone Paper and Packaging Corporation, Dura-Fibre, LLC., CROWN PAPER CONVERTING INC, Opprocon, Inc, Falcon Packaging & Converting Ltd., and International Paper. Co.

Pallet Slip Sheets Market: Market Structure

Pallet Slip Sheets Market Tier 1 Companies: Smurfit Kappa Group, KapStone Paper and Packaging Corporation, International Paper. Co., Industrial Packaging Corporation, Tri-Cor Flexible Packaging Inc

Pallet Slip Sheets Market Tier 2 Companies: Fresh-Pak Corp, GUNTHER SAS, Continental Paper & Plastics Corp., Tri-Cor Flexible Packaging Inc., CGP Industries S.A.S.

Pallet Slip Sheets Market Tier 3 Companies: MEIJER HANDLING SOLUTIONS, Marvatex Inc., ENDUPACK-SAS, REPSCO Inc., Specialty Coating & Laminating LLC, Dura-Fibre, LLC., CROWN PAPER CONVERTING INC, Opprocon, Inc, Falcon Packaging & Converting Ltd.

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

The report covers exhaust analysis on:

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

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Pallet Slip Sheets Market: Market Segmentation:

Pallet Slip Sheets Market Segmentation: By Material Type

Kraft-board or Fiberboard
Corrugated Paperboard
Plastics
HDPE
PP

Pallet Slip Sheets Market Segmentation: By Number of Lips

Single Lip
Multiple Lip

Pallet Slip Sheets Market Segmentation: By Type of Coating

Anti-slip coating
Moisture barrier
Grease barrier
Water-resistance
Other Coatings

Pallet Slip Sheets Market Segmentation: By End Use

Automotive
Chemical & Fertilizers
Construction
Food & beverages
Aerospace
Manufacturing
Others

Report Highlights:

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

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Drone Delivery Services Marketare expected to grow at a CAGR of 33.0% by 2032

The global drone delivery services market is expected to reach a valuation of US$ 5,596.0 Mn in 2032, with the market expanding at an astonishing CAGR of 33% during the forecast period of 2022 to 2032. Scaling up from an estimated value of US$ 322.2 Mn in 2022, the drone delivery service market is driven by favorable government regulations and escalating demand from various industries.

Owing to the elevated demand for drone delivery services across the globe, many countries are relaxing their regulations to permit these drones to operate in their airspace. This enables drone services to pursue new delivery routes and travel to distant locations which, in turn, will help expand the target market. In addition to this, increasing spending on the development and integration of beyond visual range of sight (BVLOS) capabilities into drones would enable businesses to cover wider distances. This bodes well for the drone delivery services market.

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With advances made in drone technology, the drone delivery services market is also expected to grow. The integration of advanced technological tools into drones would allow them to obtain precise ground data that can then be linked to more traditional mapping methods. Moreover, the incorporation of sense and avoid systems in aerial delivery drones are gaining traction because of the greater safety and other benefits they bring outside the visual line of sight. Cameras, radars, LiDAR, and other tools that assist in the detection and avoidance of obstacles are categorized as sense and avoid systems. Technological advancements in these tools facilitate the independent and safe execution of drone delivery services which, in turn, further contribute to the expansion of the drone delivery services market over the forecast period.

“Rising usage of drones, advancements in drone technology, and relaxation in government policies will likely drive the market growth of the drone delivery services market over the forecast period,” says an FMI analyst.

Key Takeaways:

Unpredictable weather patterns may impede the market growth.
In 2022, North America will account for about 45% of the global market share.
The Asia Pacific region is predicted to acquire about 30% of the overall market share.
In terms of end-user, e-commerce is expected to dominate the market.
By delivery distance, short-distance drone delivery services are constantly gaining popularity over the assessment period.

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Competitive Landscape

SenseFly Ltd., Airware, Inc., DroneDeploy Inc., Sharper Shape Inc., Sky Futures Ltd., Cyberhawk Innovations Ltd., Aerobo, DroneCloud, Sentera, LLC, Agribotix LLC, Amazon.com, Inc., JD.com, Inc., and Deutsche Post DHL, among others, are some of the major players in the drone delivery services market profiled in the full version of the report.

Leading players are focusing on partnerships, collaborations, and agreements to gain a competitive edge in the market.

More Insights into Drone Delivery Services Market Report

In its latest report, FMI offers an unbiased analysis of the global drone delivery services market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on delivery distance (close range drone delivery services, short range drone delivery services, mid-range drone delivery services, endurance drone delivery services), propellers (tricopter drones, quadcopter drones, hexacopter drones, octocopter drones), end use (drone delivery services for e-commerce, drone delivery services for weather monitoring, drone delivery services for emergency aids, drone delivery services for other end uses), and region.

According to the latest FMI reports, based on region, the drone delivery services market in North America is anticipated to experience impressive growth over the forecast period. The regional market will account for about 45% by the end of 2022. This growth can be attributed to the strong presence of e-commerce as well as favorable government policies in countries like the U.S.A. Many enterprises in the U.S. are keen on commercializing drone delivery services for food, retail, logistics, medical items, and many others which will further boost the regional market growth.

Based on segmentation, in terms of end-user, the e-commerce sector is likely to lead the market growth while the short range drone delivery services will lead the market on the basis of delivery distance over the assessment period.

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Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background
Global Drone Delivery Services Market Analysis 2016-2021 and Forecast, 2022-2032

TOC continued…!

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Oxygen Indicator Labels Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

In 2032, the market for oxygen indicator labels is projected to be worth US$ 989.3 million. The market for oxygen indicator labels is expanding quickly. According to FMI Analysts, the global market for oxygen indicator labels is anticipated to reach US$ 585.3 Million in 2022 and is expected to grow at a CAGR of 5.4% from 2022 to 2032.

Market Overview

Oxygen Indicator Labels Market – Introduction:

Packaging is nowadays the centre of exhaustive research that is being carried out regarding innovative technologies that integrate digital data on a package. This has been fuelled by developments in packaging technologies, process and material that have potential to manufacture packaging solution that can carry digital machine reliable data. Oxygen indicator labels are those labels whose primary function is to indicate that any action has taken place such as radiation, exposure to prescribed levels of gas, time, sunlight etc. Oxygen indicator label is a type of smart label which are self-adhesive labels and contain a distinctive liquid which changes its colour in the absence of oxygen.

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Many food products are packed under modified atmosphere packaging (MAP) technology, oxygen indicator label is used to show if the modified atmosphere packaging remains undamaged, throughout the distribution chain. Oxygen indicator labels are printed using light sensitive nanoparticles printing and inkjet printing. Oxygen indicator labels market has great scope due to manufacturing efficiencies that will ultimately be required by the food and beverage retailer and manufacturer. Oxygen indicator labels are those intelligent labels which are able to switch on or off in reaction to internal and external conditions.

Oxygen Indicator Labels Market – Dynamics:

The oxygen indicator labels market is undergoing high growth due to consumers rising interest in natural and organic products. Oxygen indicator labels plays an important role in ensuring the quality and freshness of the food product. To maintain the quality and increasing the shelf life of food products, the atmosphere in which they are stored is transformed with the help of various technologies during the packaging process. Oxygen indicator labels uses one of the best preserving techniques in which specific seasoning agents are adapted within the packaging containers. Oxygen indicator labels uses the change in colour technique which is very diverse and offers a perfect indication that the modified atmosphere has been maintained inside the package.

Oxygen indicator label is in a subclass of analytical packaging as a member of intelligent packaging. These oxygen indicator labels are used for safety and can be applied directly for real time examination and the shelf life of the food products. Manufacturers and brand owners are adapting a wide range of intelligent packaging technologies which have been developed in recent years. Growing online food retail has led to an in increase in demand for oxygen indicator labels.

Oxygen Indicator Labels Market – Regional Outlook:

On the basis of geography, the global oxygen indicator labels market region is divided into Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among all the above regions, the North American region is anticipated to lead the global oxygen indicator labels market, owing to a large number of consumer acceptance for intelligent packaging technologies. Along with North America, Western Europe oxygen indicator labels market is expected witness high growth due to rise in the demand for case ready meals. Countries in Africa are also anticipated to significantly contribute to the growth of the oxygen indicator labels market during the forecast period.

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Oxygen Indicator Labels Market – Major Players:

Some of the prominent players operating in the global oxygen indicator labels market include Emco Packaging and PreSens Precision Sensing GmbH.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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Oxygen Indicator Labels Market – Segmentation:

The global market for oxygen indicator labels is segmented on the basis of product type, and application.

On the basis of product type the global market for oxygen indicator label is segmented as follows:

Reversible Oxygen Indicator Labels
Non Reversible Oxygen Indicator Labels

On the basis of application the global market for oxygen indicator label is segmented as follows:

Cheese
Sliced and cooked meat
Bread
Catering Pack
Airline meals
Others

Report Highlights:

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

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Canned Food Packaging Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The global canned food packaging market is anticipated to reach a value of US$ 44,568.5 Mn by 2032, with sales growing at an average CAGR of 4.8% over the forecast period of 2022 to 2032. Valued at US$ 27,887.9 Mn in 2022, the canned food packaging market is fueled by escalating demand for packaged food and beverages. A growing preference for urban lifestyle, convenient and ready-to-eat food items coupled with rapid adoption of technological advancements in the packaging industry are expected to supplement the market expansion of canned food packaging over the forecast period.

Canned food packaging prevents the product from getting spoilt by protecting it from environmental factors and external stimuli like pollution and heat. This packaging offers greater security and extends the shelf life of the product. Canned food packaging is an affordable method of preserving perishable food items with little to no change in the flavor. Consequently, there is high demand for this packaging from the advancing horticulture and seafood processing sectors. Canned food products are also easy to consume and transport. In addition to this, easy access and increasing availability of canned goods fosters an environment of growth for the canned food packaging market during the period under observation.

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The recyclable and reusable property of the cans is another growth driver of the market. Again, canned food items are rising in popularity due to their nutritional value and hygiene quality. Moreover, factors like swiftly changing lifestyles, rising disposable income, affordable pricing of canned food products as well as the availability of a wide range of choices drives the canned food packaging market. Besides, incorporation of technological advancements in the packaging process have led to the generation of new techniques for packing canned food. This, too, bodes well for the canned food packaging market.

“Large scale acceptance of canned food products due to protection against all kind of microbial contamination is likely to boost the sales of canned food packaging over the forecast period,” says an FMI analyst.

Key Takeaways:

Heightened demand for ready-to-eat and seasonal food products fosters market growth for canned food packaging
High manufacturing cost and a time consuming production process may impede the market growth.
In 2022, canned food packaging market in North America is anticipated to account for 29% of the market share.
Elevated demand for packed food drives the market in Europe over the assessment period.
By type of food, the seafood segment is expected to dominate the market.
Based on raw material, aluminum is expected to account for a high demand, exhibiting a CAGR of 4.5%

Competitive Landscape

Ball Corporation, Del Monte Foods, Inc., Crown Holdings, Amcor Limited, Anchor Glass Container Corporation, Ardagh Group, Greif Incorporated, Toyo Seiken, Huber Packaging and Siligan Containers among others are some of the major players in the canned food packaging market that are profiled in the full version of the report.

In an extremely competitive market, major players are keen on expanding operations and entering new markets. These businesses are also engaged in product development so as to maintain a competitive advantage.

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More Insights into the Canned Food Packaging Market Report

In its latest report, FMI offers an unbiased analysis of the global canned food packaging market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on type of food (fish and seafood, vegetables, meat products, fruits, canned ready meals, milk and sauces, beans and legumes, other canned food products), distribution channel (supermarkets and hypermarkets, independent retailers, convenience stores, specialist retailers, other distribution channels), raw materials (aluminum, steel, tinplate, glass, plastic), type of can (3-piece welded food packaging cans, 2-piece food packaging cans, D&I food packaging cans, DRD food packaging cans, drawn wall-ironed food packaging cans, single drawn food packaging cans, open top sanitary food packaging cans), preservation technique (pressurized, vacuum), and region.

According to the latest FMI reports, based on region, the canned food packaging market in Europe is expected to offer multiple lucrative opportunities for canned food packaging market. This growth is attributed to the immense demand for packaged food, the advancing food and beverages sector as well as the rapidly growing biscuit premix market.

In North America, the canned food packaging market is predicted to exhibit tremendous growth over the forecast period. High consumption of canned food products coupled with rising disposable income is responsible for the market growth in this region.

Asia Pacific is estimated to be the fastest-growing canned food packaging market. Canned meat and seafood are highly popular in countries like Japan, China, and Korea. Additionally, many manufacturers are also focusing on producing canned vegetarian and ready-to-eat food items. These factors are driving the market growth in Asia Pacific.

Based on segmentation, by food type, seafood segment is expected to dominate the market whereas on the basis of raw material, aluminum seems to dominate the market due to its high demand over the forecast period.

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Key Segments Profiled in the Canned Food Packaging Industry Survey

Canned Food Packaging Market by Type of Food:

Canned Fish and Seafood
Canned Vegetables
Canned Meat Products
Canned Fruits
Canned Ready Meals
Milk and Sauces
Beans and Legumes
Other Canned Food Products

Canned Food Packaging Market by Distribution Channel:

Canned Food Packaging for Supermarkets and Hypermarkets
Canned Food Packaging for Independent Retailers
Canned Food Packaging for Convenience Stores
Canned Food Packaging for Specialist Retailers
Canned Food Packaging for Other Distribution Channels

Canned Food Packaging Market by Raw Material:

Aluminium Canned Food Packaging
Steel Canned Food Packaging
Tinplate Canned Food Packaging
Glass Canned Food Packaging
Plastic Canned Food Packaging

Canned Food Packaging Market by Types of Can:

3-piece Welded Food Packaging Cans
2-piece Food Packaging Cans
D&I Food Packaging Cans
DRD Food Packaging Cans
Drawn Wall-Ironed Food Packaging Cans
Single Drawn Food Packaging Cans
Open Top Sanitary Food Packaging Cans

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Canned Food Packaging Market by Preservation Technique:

Pressurized Food Packaging Cans
Vacuum Food Packaging Cans

Canned Food Packaging Market by Region:

North America Canned Food Packaging Market
Latin America Canned Food Packaging Market
Europe Canned Food Packaging Market
Asia Pacific Canned Food Packaging Market
Middle East & Africa Canned Food Packaging Market

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Packaging Machinery Market share is anticipated to be valued at about US$ 88.25 Billion by 2032

The global packaging machinery market is set to witness an impressive growth rate of 4.5% over the forecasted years of 2022 to 2032. The packaging machinery market size is anticipated to reach a valuation of around US$ 88.25 Billion by the end of year 2032 from the current valuation of US$ 56.87 Billion in 2022.

The expanding conventional food & beverages intake, shifting consumer preferences toward organic and functional drinks, and a rise in the diversity of snacks and packaged products are all expected to have a positive impact on the sales of packaging machinery in the coming years. During the upcoming years, packaging machinery market expansion is predicted to be aided by expanding personal hygiene and health awareness along with steadily increasing expenditure on pharmaceutical products.

The need for highly complex packaging equipment for pharmaceutical items is expected to be increasing in the coming days, thus favoring the packaging machinery market opportunities in the future.

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Key Takeaways from Market Study

The overall growth of the global packaging machinery market is estimated to be around US$ 31.38 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 4.5%.
The filling and dosing packaging machinery type is the highest selling product segment contributing for more than 16% of the revenue share.
The form, fill and seal product segment is the most secretive product segment owing to getting increasingly adopted by the pharmaceutical industries.
The food &beverages segment is the largest end user segment of the global packaging machinery market that is worth about US$ 48 billion in the year 2022.
The pharmaceutical and healthcare end use segment is anticipated to experience the highest growth rate during the projection period at around 4.8%.
Asia Pacific is the dominant region for the global packaging machinery market with an overall share of more than 45% that was valued at US$ 23.8 Billion in the year 2022.
The North America packaging machinery market is predicted to grow at a moderate rate of 3.65% as the market is mostly saturated owing to very early adoption of the product by the end use verticals.

Competitive Landscape

Some of the well-known packaging machinery market players are KHS Group, SIG Combibloc Group Ltd., Tetra Laval International S.A., Krones AG, I.M.A. Industrial Macchine, Automatiche S.p.A., Syntegon Technology GmbH, ProMach, GEA Group Aktiengesellschaft, Sacmi, Bradman Lake Ltd., ROVEMA GmbH, Douglas Machine Inc., Coesia S.p.A, Maillis Group, and Duravant, among others.

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Recent Developments in the Global Packaging Machinery Market:

At Pack Expo 2019 in Las Vegas in August 2019, Syntegon Technology GmbH unveiled the Pack 403, a fully automated horizontal flow wrapper. a Paloma pick-and-place robot was used in its construction for its application in difficult environments,
Similar to this, Robopac Ibérica, an Aetna group S.p.A. Company, has constructed a facility in Vinaros (Castellón) for the purpose of providing commercial and technical assistance operations for the important markets in Europe

Packaging Machinery Market by Segmentation

By Machine Type:

Filling & Dosing
Labelling, Deco., and Coding
Form, Fill, & Seal
Cartoning Machines
Case Handling
Closing
Wrapping & Bundling
Palletizing & Depalletizing
Bottling Line
Conveying Machines
Other Packaging Machines

By Packaging Technology:

Automatic
Manual
Semi-automatic

By End-use:

Beverages
Food
Chemicals
Homecare & Personal Care
Pharmaceuticals
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

Global Packaging Machinery Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

Full TOC….

Packaging machinery performs variety of functions that include canning; container cleaning, filling, and forming; bagging, packing, unpacking, bottling, sealing, and lidding; inspection and check weighing; wrapping, shrink film, and heat sealing; case forming, labeling, and encoding; palletizing and depalletizing; and related applications.

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PLA Cup Market is projected to grow at a CAGR of around 5.2% by 2032

The PLA Cup Market is anticipated to increase at a high CAGR of 5.2% 2022 – 2032. Report on PLA Cup Market is a believable source for gaining the market research that will exponentially accelerate your business. The PLA Cup market report initially provides an overview of the industry that covers its definition, applications and technology, post which the report explores into the worldwide players in the market.

The report provides a deep and thorough evaluation of the global PLA Cup market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.

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PLA cups are unusual biodegradable cups made from polylactic acid, a biopolymer (PLA). PLA is a bio-based plastic manufactured from starchy plants such as corn. PLA cups are simple to make and are a great alternative to traditional plastic cups because of their high recyclability and environmental friendliness. PLA cup demand has increased significantly in recent years as a result of growing consumer demand for biodegradable products and increased usage across numerous industries. Milkshakes, carbonated beverages, iced tea and coffee, fruit juices, alcoholic beverages, ice creams, and smoothies are all good candidates for these cups.

Market Competition

Some of the key participants present in the global PLA cup market include Biopac (UK) Ltd, Celebration Paper & Plastics Ltd., Avani Eco Hub, Eco-Products, Inc., Betterearth Llc, and Green Paper Products among others.

The global proliferation of COVID-19 has had a negative impact on biodegradable cup sales. The foodservice industry’s demand for biodegradable cups has decreased as a result of government-imposed food supply-chain delays and travel restrictions. The closure of cafeterias, quick service restaurants, and motels during the pandemic had a significant impact on sales of biodegradable cups. However, during the COVID-19, the growth of takeaways and online food delivery services resulted in movement restrictions, necessitating the use of biodegradable cups. As the biodegradable cup market begins to rebound post-COVID, the market is expected to gain traction in the next years.

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Key Segments Profiled in the PLA Cup Industry Survey

By Capacity:

Up to 10 oz
10 to 15 oz
15 to 20 oz
20 to 25 oz

By Sales Channel:

Manufacturers (Direct Sales)
Distributors
E-retail
Retailers
Hypermarkets
Supermarkets
Convenience Stores
Specialty Stores
Discount Stores & Warehouse

By Application:

Carbonated beverages
Milkshakes
Iced Tea/Coffee
Fruit Juices
Alcoholic beverages
Smoothies
Ice Creams
Other Food & Beverage Products

By End Use:

Hotels
Restaurants & Motels
Bars & Lounges
Cafes
Others

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Lip Gloss Tube Market Registering growth at a CAGR of ~4.5% – 5.5% 2022-2032

A detailed study on Lip Gloss Tube Market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Lip Gloss Tube Market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Lip Gloss Tube Market in the coming 10-years.

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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for LIP GLOSS TUBE

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

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

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

Key Lip Gloss Tube Market Takeaways and Projections

The U.S. is expected to lead the North America Lip Gloss Tube Market, projecting the fastest growth in the region between 2022 and 2032
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

Report Benefits & Key Questions Answered

Lip Gloss Tube Historical Market Analysis: The detailed survey by FMI, examines key factors in the Lip Gloss Tube market that affected the growth in the market for the last assessment period 2017-2021 and also studies their consequent impact. It also provide refined the sales projection of the Lip Gloss Tube market for the forecast period 2022-2032.
LIP GLOSS TUBE Category & Segment Level Analysis: It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
LIP GLOSS TUBE Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for LIP GLOSS TUBE for the assessment period. As per the study, the demand for LIP GLOSS TUBE will grow at a robust CAGR between 2022 and 2032.
LIP GLOSS TUBE Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Lip Gloss Tube It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
Lip Gloss Tube Market Trend Analysis: The latest study by FMI on the Lip Gloss Tube Market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Lip Gloss Tube Market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global Lip Gloss Tube Market. Some of the prominent market players are SKS Bottle & Packaging Inc., I. TA Plastics Tube Co. Ltd., Berlin Packaging LLC, The Packaging Company, Suzhou Valcon Tube Co. Ltd., World Wide Packaging LLC, Raepak Ltd., HCP Packaging, and Libo Cosmetics Company Ltd., among others

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Packaging Foam Market North America to hold the largest market size during the forecast period | Future Market Insights

Future Market Insights (FMI) delivers key insights on the global packaging foam market in its published report titled “Packaging Foam Market: Global Industry Analysis 2012-2021 and Opportunity Assessment 2022-2026”.

In terms of revenue, the global packaging foam market is projected to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors on which FMI sheds light in this report. In terms of volume, the global packaging foam market is anticipated to register a CAGR of 5.2%, during the forecast period. The Asia Pacific packaging foam market is expected to remain in the leading position during the forecast period.

Packaging foam is used for protective packaging solutions and is suitable for lightweight products. Packaging foam is made by trapping pockets of gas in liquids or solids.

The increase in technological developments in packaging has resulted in the growth of the global packaging foam market. The advancements in the transportation industry are positively affecting the growth of the global packaging foam market.

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In this report, Future Market Insights suggests that the growth of packaging foam market can be mainly attributed to the contributions from emerging economies like India and China in the APEJ region. The packaging foam market in China is expected to be at the forefront, spearheading the growth of packaging foam, during the forecast period.

According to the research by Future Market Insights, the demand for packaging foam has witnessed rapid growth in China in the past couple of decades. The APEJ region is characterized by a robust political, demographic, and economic ecosystem of the leading emerging economies and a rapidly growing packaging foam market in the region will lead to optimum growth levels in the coming decade.

End users of packaging foam such as automobile, construction, food & beverages, consumer electronics, and homecare & personal care industries are increasingly adopting foams in packaging to increase the safety level of their products.

The increase in the manufacturing activity and industrial output has led to the growing sales of packaging foam. Manufacturing activity and industrial output remain vital to both, the developed and the developing economies.

Such activities contribute to exports, research and development, and productivity which will lead to mature markets in various nations. In emerging economies, the increase in the consumption of end products due to a change in living standards and growing income has created new market opportunities for packaging foams. The revenue generated from packaging foam in the Asia Pacific Excluding Japan (APEJ) region is estimated to account for over 42.2% of the global packaging foam market.

E-commerce is the prime consumer of the packaging foam industry. The retail environment in developing countries such as China, India, and Malaysia has experienced a massive transformation with a significant increase in the number of retail formats such as hypermarkets, supermarkets, convenience stores, and retail e-commerce which have led to the growth of the global packaging foam market.

The rising Internet penetration across the globe has witnessed a continuous shift in the purchasing pattern of an individual and has increased the awareness among the people to use the packaging foams for the safety of products. Along with growing disposable incomes and lesser time spent on shopping manually, e-tailing is gaining massive traction among individuals. In addition to this, e-commerce has reduced the destination barriers which have fuelled cross-border retailing among high-net-worth individuals.

Moreover, rising smartphone penetration and ease in the availability of the Internet are considerably driving the growth of packaging foams. Therefore, the continuous growth in the e-commerce industry along with an increase in mobile shopping is expected to drive the growth of the packaging foams market. Manufacturers and retailers use simplified designs, lightweight packs, and recyclable materials for transportation of the products.

Key players of global packaging foam include Armacell, JSP, Zotefoams Plc., BASF SE, Sealed Air Corporation, Synthos SA, Rogers Corporation, Kaneka Corporation, Arkema, and Foampartner Group.

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Competitive Landscape

Leading players operating in the packaging foam market are investing vigorously in research activities for the development of bio-based products. Besides this, they are leveraging various growth strategies such as partnerships, acquisitions, collaborations and partnerships to dominate the market. For instance

In November 2021, Stora Enso expanded its packaging portfolio with the launch of new bio-based foams i.e., Fibrease and Papira. The new products are lighter and fully recyclable. They are ideal for protective and thermal packaging.

In November 2020, Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, launched new Armacell Solutions Portfolio into North American market.

Packaging Foam Market by Category

By Material Type:

Polystyrene
Polyurethane (PU)
Poly Vinyl Chloride (PVC)
Others

By Product Type:

Flexible Foam
Rigid Foam

By End Use:

Automobile Industry
Construction Industry
Food & Beverages Industry
Consumer Electronics
Homecare & Personal Care

By Application:

Inserts
Corner & Edge Protectors
Anti-Static ESD Foam
Liners
Other

By Region:

North America
Latin America
Europe
APEJ
Japan
MEA

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Report Objectives

To analyze and forecast the global Packaging Foam market size in terms of value and volume
To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
To define, describe, and forecast the market by type, material, and application
To forecast the market size with respect to five main regions: Asia Pacific (APAC), the Middle East & Africa, Europe, North America, and South America
To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing market growth
To strategically profile the key players and comprehensively analyze their market shares and core competencies
To analyze competitive developments in the market, such as investments & expansions, new product developments, partnerships & collaborations, and mergers & acquisitions

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