E-Liquid Market Players Collaborate with Research Scientists to Meet Safety Standards
Stakeholders in the e-liquid market are experiencing a shift in consumer preferences, from conventional smoking to vaping and e-cigarettes. However, a lot of consumers are also concerned about the toxicity of the e-liquids that are infused with flavors in vaporizers and e-cigarettes.
To make sure e-liquids are safe for consumption in e-cigarettes, manufacturers are collaborating with research scientists to improve on the safety standards. In 2018, original tobacco flavor was the preferred choice amongst consumers, with a revenue of ~US$ 567 million in the market. However, analysts at Transparency Market Research (TMR) anticipate a shift in consumer preferences, as fruit and candy flavor is projected to account for the highest revenue amongst all the flavors in the e-liquid market, with a revenue of ~US$ 1.6 billion in the year 2027.
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Thus, stakeholders in the e-liquid market are increasing research on Genomic Allergen Rapid Detection (GARD) assays to meet the required standards in e-liquid flavorings and their ingredients. This first-of-its-kind research is helping manufacturers in the e-liquid market to assess the sensitization of potential compounds in vaping-related applications.
Consumers Catch Up on the Trend of Eco-friendly Vaping
The growing trend of vaping and e-cigarettes has contributed to reducing the environmental footprint. Since e-liquids are increasingly used in vaporizers and e-cigarettes, manufacturers in the e-liquid market are capitalizing on the trend of eco-friendly vaping, which is grabbing consumer attention.
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Eco-friendly vaping is an evident trend, as it eliminates the environmental load of disposing enormous volumes of discarded cigarette butts. Also, eco-friendly vaping reduces the issue of deforestation, and reduces the degradation caused to the environment due to the cultivation of tobacco. Vaping has provided smokers with a considerable amount of advantages as compared to traditional smoking.
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It has also helped smokers reduce the intake of tar and nicotine, which has led many smokers partially or completely quitting smoking. These health benefits are triggering the demand for liquid nicotine in the e-liquid market.
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In case the e-liquid needs to be disposed off, consumers can indulge in the sustainable disposal of these e-liquids by re-gifting them to friends or family members. Other ways of disposal include the use of absorbent materials such as sawdust, coconut pith, or wood chippings to soak up the e-liquid, before putting it in a biodegradable bag and throwing it in a secure bin.
Premarket Authorization Helps Comply with Stringent Regulations
Vaping and e-cigarettes have provided health advantages to smokers. However, it is still debatable if e-liquids are absolutely safe for consumption. In many cases, the chemicals in e-liquids are unknown to consumers, as these e-liquid bottle come in contact with other ingredients that result in the development of toxic chemicals. Manufacturers in the e-liquid market are often questioned by customers about the adverse effects of flavors mixed with propylene glycol (PG) found in vape juices.
To overcome these hurdles, manufacturers in the e-liquid market are selling vape juices after seeking FDA (Food and Drug Administration) premarket authorization. Manufacturers are creating increased awareness amongst youth about the regulatory norms by mentioning them on vaping products. Since the FDA has issued a list of safe flavors, manufacturers in the e-liquid landscape can capitalize on this opportunity to incorporate these flavors in the production of improved e-liquids.
Analysts’ Viewpoint on E-Liquid Market
The e-liquid market is projected for a striking CAGR of ~16% during the forecast period. Likewise, online retail is estimated for the highest revenue amongst all sales channels in 2027, with a value of ~US$ 657 million. This correlation between the market and online sales channel has triggered the revenue growth of e-liquids. Market players are planning and executing eye-grabbing online advertising campaigns that catch the attention of youth, as vaping is growing as a trend in the widespread social media influencer community. However, key e-liquid market players are suffering due to unscrupulous suppliers who unethically package e-liquids in boxes that resemble juice, candy, and cookie products. As such, premarket authorization has emerged as a solution to the unethical selling of e-liquids. Thus, manufacturers should not just focus on North America, but also expand their business in fast-growth regions such as Europe and Asia Pacific.
E-liquid Market: Overview
- According to Transparency Market Research’s latest market report on the e-Liquid market for the historical period of 2013-2018 and forecast period of 2019-2027, the global e-liquid market is projected to be valued at ~US$ 2.1 Bn in 2019, and is forecasted to reach ~US$ 7 Bn by 2027, growing at a CAGR of ~16%.
- E-liquid, also called e-juice or vape-juice, is the liquid blend of nicotine, flavoring agent, and base liquid, which is used in e-cigarettes and heated to vapor. Using e-liquid does not produce smoke, and hence, also prevents secondhand smoking. The nicotine is extracted from tobacco leaves, and is superior as compared to traditional tobacco.
- Various flavors used in e-liquid impart an enhanced mouthfeel and refreshment feeling. Due to the absence of the burning process of tobacco as in traditional tobacco smoking, e-liquid smoking enables inhaling lower levels of toxic substances, as such, reducing the risk of lung disorders.
- Most e-liquid products consist of water, propylene glycol, flavoring, and nicotine. However, some manufacturers are also introducing e-liquids without nicotine, targeting the non-smoking group of consumers.
- All these factors are anticipated to fuel the growth of the global e-liquid market over the forecast period.
Advancements in Pod Vaping Technology Positively Impacting E-liquid Market
- Pod vaping has emerged as the biggest trend, with new pod vape devices being produced by manufacturers, catalyzing the consumption of e-liquid. With new expertise, companies are aiming to develop new smaller pod vape devices that are compressed and sleek, designed to be healthier and easy to use. High stability, extended battery life, convenient to carry anywhere, and lightweight are the key emphasis areas of pod vape manufacturers.
E-Liquid Emerging as Solution to Reduce Smoking
- E-Liquid in the form of pod vapes, vape mods, and vape pens is gaining popularity as a safe alternative to conventional cigarettes. In recent years, the demand for vape pods has increased among young adults, being regarded as technically safe as compared to cigarettes. Additionally, they don’t produce smoke, thereby cutting down on secondhand smoking effects. E-Liquid manufacturers are focusing on new product launches with low nicotine quantity, across regions, to comply with new regulations and increase their sales. As nicotine is one of the most addictive substances, e-liquid is emerging as a useful tool for smokers.
E-Liquid Market: Nicotine Salts Emerging as Biggest Vaping Trend
- Nicotine salts are gaining traction in vaping products over conventional nicotine. Nicotine salts, unlike conventional nicotine, do not use additives or chemicals to extract nicotine. Instead, juice manufacturers take the natural salt from tobacco leaves for their e-juices.
- Vaping product manufacturers are also creating many variations of compact and easy-to-use salt nicotine devices. Vape juice companies are launching nicotine salt e-liquid, offering various advantages such as delivering more nicotine in a single puff, allowing a person to vape on higher concentration without feeling a burning sensation in the throat, and providing a sensation similar to smoking. As such, the demand for nicotine salt is growing constantly.
- Moreover, with the increasing number of vape devices, including pod vapes and vape pens, the demand for nicotine salts, and in turn, e-liquid, is increasing.
Usage of Naturally-derived Products a Big Asset to E-Liquid Market
- E-liquid is made by the natural extraction method, which is boosting its popularity in the market, as natural and plant-derived products are sought-after by many consumers these days. Moreover, e-liquids are made from vegetable glycerin, and are free from chemicals such as diacetyl, acetyl propionyl, ethylene glycol, diethylene glycol, and acrolein or acetoin, which are present in traditional cigarettes and cause various health issues.
- E-liquids are free from any chemical additives or sweeteners, and provide consumers the pure taste of nicotine made from natural nicotine leaves.
E-Liquid Market: Key Players
- Key players in the global e-liquid market are
- VMR Products LLC
- Mig Vapor LLC
- VaporFi, Inc.
- Black Note
- Nicopure Labs LLC
- VistaVapors, Inc.
- ZampleBox, LLC.
- Fuggin Vapor Co.
- Silver Laboratories (Basix eLiqiuids)
- Humble Juice Co.
- USA Vape Labe
- Savage Enterprises, LLC.
- Mr. Macaron Vapes Corporation
- Mt baker Vapor
- Smax Holdings LLC (Smax E-Liquids)
- BSMW Ltd.
- VapeWild
- Molecule Labs, Inc.
- Vapor Labs
- Dynamic Creations.
Barium, a chemically inert and dense mineral, is used in a number of end-use industries.
It is also quite interesting to note that not only are certain areas identified as hotbeds of exploration, they are also highly productive.” Some of these are the Mediterranean region, Africa, and Latin America.In terms of BOE (Barrels of Oil Equivalent), the new regions show a performance of 26 discoveries - 100 BOE, out of the 12.2 billion barrels BOE discovered in 2019.
This shows how conventional discoveries are moving on a high trajectory.The study report on the global barite market, prepared by Transparency Market Research states that the market would chart a decent CAGR (Compound Annual Growth Rate) of 4.8 percent – in the period 2018-2026 Request Sample pages of premium Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=2404Consolidated Vendor Landscape to Mark Global Barite Market over the Forecast PeriodThe competitive landscape of the global barite market is consolidated and the trend will continue over the forecast period.
Apart from improving the product quality, players are looking to work with different grades in order to widen the scope of applications.Some of the players that are seen as high performers in the global barite market include Spectrum Chemical Manufacturing Corporation, Deutsche Baryt Industrie, Halliburton, CIMBAR Performance Minerals, New Riverside Ochre Company, Inc., Excalibar Minerals LLC, and Anglo Pacific Minerals, among others.It is pertinent to note here that the top tier players that are operating in the global barite market landscape have a hold on about 55% of the total market share.
It is also important to note that these players are scurrying to improve plant facilities for bettering capacity in terms of production.North America to Show Stellar Performance over the Forecast PeriodDominating the regional landscape of the global barite market, North America will ride to growth on the back of strong presence of key market players and numerous end-use industries in its landscape.
However, market expert’s note, “Oil and gas segment in the region will lose to rubber and plastics over the period to come.”Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=2404About UsTransparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.Our reports are single-point solutions for businesses to grow, evolve, and mature.
The global electrical appliances market was valued at around US$ 685 Bn in 2016 and is anticipated to register a CAGR of ~7% from 2017 to 2025, according to a new report by Transparency Market Research (TMR) titled “Electrical Appliances Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.”Electrical appliances are defined as devices which use electricity to perform specific functions.
A wide range of such appliances is available from refrigerators, wine-coolers, washing machines, tumble dryers, vacuum cleaners, steam mops, shavers, trimmers and water heaters to air conditioners, air coolers, heaters, fans, rice cookers, bread makers, toasters, irons, and juicers.
Interpret a Competitive outlook Analysis Report with PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=41387Higher standards of living and availability of lucrative product offers and purchase credit schemes to drive the market for electrical appliancesOne of the primary drivers of the market is higher standards of living, especially in the Asia Pacific region.
The major restraint on the global electrical appliances market is the consistent and considerable R investment required to develop new, more efficient, environment-friendly, smart, and connected appliances.
It is a highly competitive market coupled with increasingly stringent government regulations regarding emissions of environmentally harmful chemicals.
In such a scenario, the constant improvement of products is important, though this is mostly possible only by the larger companies such as Whirlpool Corporation, Haier Group, and LG Electronics Inc.Product differentiation and new product development are expected to be among the available opportunities in the global electrical appliance market during the forecast periodMajor opportunities in the global electrical appliances market exist in product differentiation and new product development.
The global hospital acquired pneumonia drug market has been analyzed by Transparency Market Research (TMR) to give a complete description of the market and its growth in the coming years.
Few vendors are likely to adopt pricing strategies that would increase the competition in the market.Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1881Furthermore, companies are likely to adopt strategies such as high investments to adopt newer technologies, research and development activities, and mergers and acquisitions to strengthen their position in the market.
North America is expected to lead the market during the forecast period.
The presence of large number of vendors has also made the North America market grow distinctively.Request for Analysis of COVID-19 Impact on Hospital Acquired Pneumonia Drugs Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=1881Immunocompromised Patients Are Prone to Acquire Pneumonia from hospitals Patients who have undergone a surgery, are on enteral feeding, or are immunocompromised are more vulnerable to acquiring hospital acquired pneumonia.
The hospital acquired pneumonia is also prevalent among the newborns, as they might suffer from respiratory syncytial virus (RSV) which has been identified as one of the major reason for nosocomial pneumonia.The increasing incidence of hospital acquired pneumonia has pushed the government to take effective and strict measures that can address the root cause of these types of infections.
The factors that create an unhealthy environment are often caused due to inadequate financial resources, poor infrastructure, and over-crowded hospitals that increase the chances of communicable diseases.
Upper respiratory tract infection (URTI) is a medical condition caused by acute infection that involves parts of the upper respiratory tract such as larynx or pharynx, sinuses, and nose.
Pharyngitis, sinusitis, laryngitis, tonsillitis, common cold, and otitis media are some of the most common upper respiratory tract disorders.
Some other symptoms of the disease are headaches, hyposmia, foul breath, sinus pain, shortness of breath, vomiting, diarrhea, nausea, conjunctivitis, and body ache.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=58905Upper respiratory tract disorders can be treated with antibiotics and decongestants.
Antibiotics are rarely used as a treatment option for upper respiratory tract disorders as they are associated with many side effects and also can initiate secondary infections and bacterial resistance.
The global upper respiratory tract infection treatment market is expected to expand substantially, due to an increase in the incidence of respiratory disorders across the globe.
However, side effects of NSAIDs are expected to impact the growth of this market.
Transparent Market Research (TMR) reflects the competitive landscape of the global pharmaceutical chemical spread across the globe.
New strategies are expected to be introduced to penetrate into the market.
Rising population and low mortality rate seems to be the reason for lucrative growth in the healthcare sector.
Swell in the geriatric population calls for increase in healthcare facilities.
Global pharmaceutical chemical market is projected to be flourishing in coming years due to rise in demand for drugs for non-communicable diseases.
However, developments in all the fields of healthcare facilities and rising geriatric population is projected to inflate the global pharmaceutical chemical market.Request for covid19 impact analysis –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=37685Disease Oriented Treatment to Push GrowthVarious therapy based applications are expected to increase the demand for global pharmaceutical chemical market.
Asphalt Additives Market: Key HighlightsThe global asphalt additives marketwas valued at ~ US$ 3.5 Mn in 2018, and is projected to expand at a CAGR of ~ 6% from 2019 to 2027.
Emerging warm mix asphalt (WMA) technology is anticipated to augment the global asphalt additives market during the forecast period.Asia Pacific was the leading region of the global asphalt additives market in The Asia Pacific asphalt additives market is estimated to continue its dominance in the global asphalt additives market during the forecast period.Key Drivers of the Asphalt Additives MarketThe demand for asphalt in road construction is expected to be driven by increasing environmental funding, legislative pressure to improve infrastructure, and growth in non-building construction activities, particularly in the highway & street segment.The demand for paving asphalt used in highways and streets has been rising, owing to the increase in government funding and growth in highway and street construction activities.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=3238Shift in Focus Toward Bio-based Additives to Offer Attractive OpportunitiesBio-based additives are defined as additives made from biological sources.
Manufacturers are increasingly using eco-friendly products, owing to the rise in the awareness about the environment among consumers.Availability of Alternatives for Asphalt to Hamper the Asphalt Additives MarketBricks, pavers, cobblestone, concrete, permeable paving, gravel, and cement are some of the substitutes that are being increasingly used in place of bitumen.
Concrete is a highly employed product in the construction and maintenance of roads.The governments of several countries have been preferring the usage of concrete and cement for paving roads since the last few years.
This is expected to hamper the asphalt additives market.Asia Pacific Dominates the Asphalt Additives MarketAsia Pacific is expected to continue being a prominent market in the global asphalt additives market during the forecast period.
