Consistently swelling worldwide manufacturing output remains the key factor driving the rigid packaging market. According to a new upcoming research study of Fairfield Market Research, demand for rigid packaging will continue to see an uptrend in the near future majorly on account of the ascending spending on packaged products. Evolving consumer preferences in favour of packaged food industry are also expected to work to the advantage of rigid packaging solution providers. Banking on the advent of technology, and innovative developments in packaging industry, rigid packaging has been the packaging type of choice for a variety of industrial domains like healthcare, pharma, chemicals, consumer goods, food and beverages, and beauty and personal care.
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The ability of rigid packaging formats to offer excellent protection along with lasting storage in an isolated is likely to remain the prime factor fuelling its adoption in global market, says the report. The stronger, lighter, and shatter-resistant attributes in addition to the excellent barrier properties will continue to sustain demand through 2025. With greater popularity across end-use sectors involving bulk packaging applications, the market for rigid packaging solutions sees strong growth prospects. Unprecedented ecommerce expansion, and consecutively surging demand for convenient packaging solutions across all product categories are also the important factors providing a strong impetus to market growth.
Remunerative Opportunity Concentrated in F&B
Bottles, and cans have been the sought-after rigid packaging alternatives for a majority of food and beverages companies. The flourishing prospects of convenience foods sector are likely to play out as an important factor boosting demand. Growth opportunities will continue to spring up the F&B as a result of thriving world population, mounting demand for food supply, and proliferation of processed food facilities worldwide. Demand for economic, aseptic, spill-free, and damage-resistant packaging formats is expected to sustain both food supply industries, and rigid packaging businesses.
Plastic Remains Highly Sought-after; Paperboard Emerges Lucrative
Material-wise analysis of the global rigid packaging market reveals that plastic continues to be the most preferred one when compared with glass, metal, and paperboard. Plastic containers are expected to enjoy continued demand growth on account of their cost benefit over other material alternatives. Higher compatibility of plastics for the various processing technologies, resealing, opening and dispensing, and graphical printing technologies will continue to sustain demand throughout the period of assessment. Superior shatter resistance is also cited as one of the most significant attributes pushing preference for plastics as a material of choice in rigid packaging space.
On the other hand, metal can remain a popular choice as well on the back of their endurance, lasting shelf-life, higher recyclability, tamper resistance, and an economical price point. In the wake of escalating concerns around sustainability of packaging materials, paperboard is also gathering traction as an eco-friendly alternative. The relatively competitive pricing structure, lighter weight, and greater compatibility for high-quality graphics will further elevate its market attractiveness in the near future. The maximum gains are expected to come from spiralling adoption in ecommerce, followed by manufacturing, medical, F&B, and beauty and personal care industries.
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Asia Pacific Houses Multiple Opportunities
Fast-developing Asian economies like China, India, and Indonesia reflect substantial growth potential in rigid packaging space. While the report attributes this to considerably scaling economies of these countries, and booming manufacturing sector, significant gains are expected from ballooning ecommerce in addition to the flourishing markets for (fast moving) consumer goods, electronics, and convenience food products.
Key Market Players
The global rigid packaging market report provides an insightful view of the most prominent players operating in market. Some of the key companies include Amcor Limited, Bemis Company, Sealed Air Corporation, Alpla, Reynolds Group Holdings, Berry Global Group Inc., Mondi Group, Sonoco Products Co, Silgan Holdings Inc., Holmen AB, Pactiv LLC, Georgia-Pacific LLC, Crown Holdings Inc., Gerresheimer AG, DS Smith Plc.
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Overview The global antioxidants market will grow at a CAGR of 5.3% during the forecast period 2020 to 2026.
However, the antioxidants market will face challenges and restraints due to strict government policies in developed nations and ban on certain ingredients during the forecast period 2020 to 2026.
Competitive Landscape Antioxidants have seen tremendous growth, due to the demand for antioxidants in cosmetics and rapid industrialization as well as escalating disposable income.
However, unorganized retail sector and lack of awareness would challenge the new businesses active in the market.
Furthermore, companies using growth strategies to stay ahead in the global market are expected to help the market during the forecast period 2020 to 2026.
As the market report suggests that the global market will register a CAGR of 5.3% and reach a USD 8,996.2 Million by 2026, the market report highlights key areas market based companies need to focus on.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
Market HighlightsGlobal Raisins Market is estimated to be valued at USD 2,782.2 Million by 2026, registering a CAGR of 4.77% during the forecast period.
Raisins are used in various foods, from sweet bread and desserts to savory dishes found in cuisines throughout the world.Europe was the largest market for raisins in 2019, and the region is expected to continue to dominate the global market during the review period.
Germany was the largest country-level market with a share of 22.14% in 2019.
Growth of the organized retail sector in Asia-Pacific is another key factor supporting the growth of the global raisins market.
Rising consumer preference for organic products is expected to offer numerous growth opportunities to the market players during the upcoming years.
However, side effects of consumption of raisins may hamper the growth of the Global Raisins Market.Segmental AnalysisGlobal Raisins Market has been segmented based on Category, Packaging Type, Distribution Channel, and Region.By category, the market has been divided into conventional and organic.
The "Spices Market" report is a profound study conducted based on the global market, which examines the ruthless structure of the general sector worldwide.
The prediction for CAGR is also mentioned in the report in percentage for forecasted period.
The Spices market report also covers up major and leading players Gajanand, Everest Spices, MDH Spices, Dharampal Satyapal Group, Desai Group, Ushodaya Enterprises, Munimji Foods & Spices, Ramdev Food Products, Nilon's Enterprises, Virdhara International, McCormick, ACH Food Companies, Fuchs, Kotanyi, KIS, Wang Shouyi Shi San Xiang Multi-flavoured Spice Group, Anji Foodstuff, Zhejiang Zhengwei, Yongyi Food, Guangxi Zhongyun in the Spices market.
The strike of the global Spices market is mentioned in the part of those areas, It demonstrates various segments Capsicum and pimento, Ginger, Anise and fennel, Pepper, Cloves and Cinnamon(canella) and sub-segments Food Processing Industry, Catering Industry, Household, Other of the global Spices market.
Various properties of the Spices market such as growth drivers, upcoming aspects, and limitations of every section have been profoundly communicated.This report demos every aspect of the Spices market starting from the basic market info and moving forward to various essential standards, on the basis of which, the Spices market is segmented.
Furthermore, the geological segmentation is provided in the report.Read Detailed Index of full Research Study at:: https://www.syndicatemarketresearch.com/market-analysis/spices-market.htmlThe report also mentions in depth analysis of current rules, regulations, and policies, and industrial chain for the Spices market.
