Plastic Packaging Market value expected to increase at a CAGR of 3.9% from 2018 to 2025

The global plastic packaging market size is expected to reach USD 269.6 billion by 2025 and will register a CAGR of 3.9% during the forecast period, according to a new report by Grand View Research, Inc. Increasing use of plastic packaging in widespread applications, including food and beverages, personal care, household care, consumer electronics, and construction, is likely to drive industry growth over the forecast period.

Higher demand for flexible and functional packaging, largely for packaged food, frozen foods and beverages, is projected to positively impact segment growth in the near future. Furthermore, rapidly increasing use of rigid packaging containers and canisters for industrial applications in construction, energy, and automotive sectors is expected to benefit market growth over the forecast period.

Increasing penetration of bottles and pouches in medical applications is also expected to benefit market growth. These products are being used for storage in the form of medicine organizers and packaging of medicines and drugs, on account of better chemical resistance properties.

The global plastic packaging industry is expected to witness the fastest revenue growth in the food and beverages application, registering a CAGR of 4.2% over the forecast period. Key industry participants, including Amcor Ltd., Mondi Plc, Apex Packaging, Sealed Air Corporation, Coveris Holdings S.A., and DS Smith Plc, are involved in the manufacture, fabrication, and distribution of plastic packaging products across the globe.

Access Research Report of Plastic Packaging Market @ https://www.grandviewresearch.com/industry-analysis/plastic-packaging-market

Further key findings from the report suggest:

·       As of 2017, the plastic packaging market was valued at close to USD 198.0 billion and is projected to expand at a CAGR of 3.9% over the forecast period. Rapidly growing demand from key application segments such as food and beverages and personal care is expected to act as a key driver

·       In terms of revenue, the rigid plastic packaging segment was valued at USD 66.7 billion in 2017 and is expected to witness steady growth in the coming years. This can be attributed to increasing use of the product for storage and transportation of chemicals and related industrial products

·       The plastic bags segment recorded a revenue of USD 39.2 billion in 2017. The segment is expected to witness moderate growth over the forecast period, owing to rising concerns regarding use and disposal of plastic grocery bags

·       The North America plastic packaging market accounted for the second-largest share after Asia Pacific. The regional market is characterized by presence of key players involved in manufacture and supply of functional packaging products globally. The market was valued at USD 36.5 billion in 2017

·       Industry players have been engaged in mergers, acquisitions, and vertical integration across the value chain in order to strengthen their product portfolios and distribution network.

Grand View Research has segmented the global plastic packaging market on the basis of type, product, application, and region:

Plastic Packaging Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Rigid

·         Flexible

Plastic Packaging Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Bottles

·         Cans

·         Wraps & Films

·         Bags

·         Pouches

·         Others

Plastic Packaging Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         Food & Beverages

·         Industrial Packaging

·         Personal & Household Care

·         Others

Plastic Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Nutraceuticals Market Expected to Witness a CAGR of 8.8% through 2025

The global nutraceuticals market is projected to reach USD 578.23 billion by 2025, according to a new report by Grand View Research, Inc. Rising health concerns are likely to drive the product demand over the next eight years.

Growing awareness regarding the consumption of healthy foods has resulted in increased demand for nutraceuticals in the U.S. The European market is driven by a steady innovation of high-performance natural ingredients used in nutraceuticals. Increasing adoption of e-commerce and growing consumer awareness through social media are further likely to augment the demand for nutraceuticals over the forecast period.

The market has witnessed an increased focus on the ingredients used for manufacturing nutraceuticals. The demand for natural products is expected to grow at a rapid pace over the next eight years as consumers perceive these products to be healthier and more effective as compared to synthetic products.

Market players have been trying to expand their competitive profile by setting up innovation centers for new product development. For instance, in December 2016, Cargill started Cargill ONE Innovation Center for developing innovative flavors and food products.

Access Research Report of Nutraceuticals Market @ https://www.grandviewresearch.com/industry-analysis/nutraceuticals-market

Further key findings from the report suggest:

·       Dietary supplements segment is expected to ascend at a CAGR of over 9.7% from 2017 to 2025 on account of rising product demand from Brazil, China, India, South Korea, Poland, and Mexico.

·       Botanical dietary supplements segment is anticipated to witness considerable growth over the forecast period on account of increasing popularity of nutraceuticals with natural ingredients. These are available in numerous forms including dry, solid or liquid extracts, tablets, capsules, powders, and tea bags. Low cost as compared to prescription drugs and easy availability are factors expected to augment their demand over the next eight years.

·       North America nutraceuticals market is a mature market and is likely to progress at a CAGR of over 7.8% from 2016 to 2024. Increasing utilization of functional food and beverages by the baby boomer population in North America is expected to augment market growth over the forecast period.

·       Central & South America accounted for a market share of 7.2% in 2016 and is projected to ascend at a CAGR of 9.0% from 2017 to 2025 in terms of revenue owing to growing demand for nutraceuticals in Brazil

·        Asia Pacific is predicted to ascend at the fastest CAGR of 9.9% over the forecast period on account of rapid growth of the market in China, Japan, and India

·       The global players rely on widespread distribution networks to ensure sales in various regions. Manufacturers are involved in extensive R&D to develop innovative products and sustain the competition within the market.

Grand View Research has segmented the global nutraceuticals market on the basis of product and region:

Nutraceuticals Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Dietary supplements

o    Botanicals

o    Vitamins

o    Minerals

o    Amino acids

o    Enzymes

o    Others

·         Functional food

o    Carotenoids

o    Dietary Fibers

o    Fatty Acids

o    Minerals

o    Prebiotics & Probiotics

o    Vitamins

o    Others

·         Functional beverage

o    Energy drinks

o    Sports drinks

o    Functional juices

o    Others

Nutraceuticals Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

North America Organic Starch Market Latest Innovations, Drivers and Industry Key Events by 2025

The North America organic starch market is expected to be valued at USD 275.9 billion by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of healthy convenience foods has been a major factor driving the market since the last few years.

Rising adoption of convenience foods on account of busier lifestyles and higher standards of living is anticipated to drive the market over the forecast period. Product innovation and constant research & development are projected to create lucrative growth opportunities for manufacturers over the forecast period. The market is further expected to be driven over the next eight years by the rising product demand in food & beverage industry as well as increasing government support to promote organic ingredients. Several small mill producers are collaborating with large producers owing to the huge costs involved in transportation and storage. Rapid technological advancements in terms of production techniques are anticipated to open up huge growth avenues for manufacturers over the forecast period.

Bakery was the largest end-use segment in 2016 and is expected to continue to progress at a substantial rate over the forecast period. Meat segment is projected to ascend at the fastest CAGR of 3.5% over the next eight years.

Organic starch is being increasingly utilized in bakery, confectionery, meat, and dry blends, which is likely to have a positive impact on the market growth over the forecast period. Ease of availability and convenience of purchasing are factors contributing to the rising popularity of in-store bakery products in grocery and retail stores. E-commerce stores are creating a buzz in the industry owing to the convenience of product availability, purchase, and delivery. These stores require baked products with a longer shelf life. The shelf life of baked products depends on various factors including packaging, chemical composition, and freezing. Innovative methods are being developed by manufacturers to maintain the freshness of products throughout the extended shelf life.

Access Research Report of North America Organic Starch Market @ http://www.grandviewresearch.com/industry-analysis/north-america-organic-starch-market

Further key findings from the report suggest:

·       The demand for organic starch in North America was recorded at 10,231.1 kilotons in 2016 and is estimated to progress at a CAGR of 3.1% from 2017 to 2025. The U.S. dominated North America organic starch market in 2016, followed by Canada.

·       By end use, bakery emerged as the largest segment of the market in 2016. Organic starch acts as a stabilizer, binder, and thickener in the production of food. The market is highly competitive in nature and driven by the rising demand for organic starch in different industrial verticals.

·       The U.S. market is projected to witness a substantial growth over the next decade owing to various developments across major industries, especially food & beverage. Organic starch market is considered a developed in the U.S. in light of the huge product demand from food & beverage sector.

·       Key market players include Pure Life Organic Foods Limited, Northern Grain & Pulse, Inc., International Sugars, Inc., Tate & Lyle, Royal Ingredients Group, and Aryan International. Major players such as Ingredion Incorporated are investing in the development of newer technologies coupled with the acquisition of raw material manufacturing companies. Agreements and collaborations are among the major strategies adopted by key players. 

Grand View Research has segmented the North America organic starch market on the basis of end use, ingredient, and country:

End-Use Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         Meat

·         Bakery

·         Confectionery

·         Dry Blends

Ingredient Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         Corn

·         Potato

·         Wheat

·         Others

Country Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

·         U.S.

·         Canada

·         Mexico

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

ASEAN Ceramics Market Poised for Robust Value CAGR of Over 8.2% Through 2025

The ASEAN ceramics market is anticipated to reach a market size of USD 69.08 billion by 2025, according to a new report by Grand View Research, Inc. The growing construction industry and rising government spending on infrastructural development are expected to have positive impacts on the market growth over the forecast period. The rising need for ceramic tiles in restaurants, offices, malls, and resorts will augment product demand growth over the next eight years.

Traditional and advanced ceramics are the two product categories of ceramics. The traditional product segment is growing on account of its increasing application in the manufacturing of clay bricks, tableware, and porcelain tiles. The advanced product segment is expected to grow over the forecast years mainly on account of their capability of performing under extreme conditions. These materials exhibit a very high degree of industrial efficiency, which has resulted in rising demand for the product from various industries, including heavy machinery, automotive, energy, cutting tools, and defense.

Ceramic tiles were the largest application segment for ASEAN ceramics, accounting for 25.5% of the ASEAN ceramics industry revenues in 2016. The number of construction projects are on the rise owing to the demand for residential infrastructure and renovation of existing buildings, most notably in rapidly-emerging countries such as Indonesia and Malaysia. This is proving to be a major driver for ceramic tile manufacturers in the region.

Access Research Report of ASEAN Ceramics Market @ http://www.grandviewresearch.com/industry-analysis/asean-ceramics-market

Further key findings from the report suggest:

·       The ASEAN ceramics market was estimated at USD 33.98 billion in 2016, and is expected to grow at a CAGR of 8.2% from 2017 to 2025, driven primarily by the increasing need for the products in housing, construction, and industrial applications.

·       The medical segment is slated to experience the fastest growth, in terms of revenue, projected to grow at a CAGR of over 8.5% during the forecast period, resultant from the increasing use of ceramics in the medical sector for orthopedic functions.

·       The traditional product segment was observed to be the largest revenue-accruing product segment in 2016, and is estimated to grow at a CAGR of about 8% till 2025. The advanced product segment is projected to witness higher growth during the forecast period, owing to increasing application scope in high-performance applications.

·       The industry in Indonesia is projected to witness substantial growth over the next eight years owing to significant growth of the medical and housing & construction industries. In terms of revenue, the market in Indonesia is expected to grow at a CAGR of 10.5% during the forecast period.

·       Acquisitions accounted for the highest share among strategic initiatives undertaken by players involved in the ASEAN ceramics industry. For instance, in July 2017, Saint-Gobain acquired Kirkson Industrial Reinforcements GmbH, with the objective of consolidating their position in the high-performance solutions segment for the housing & construction end-use vertical.

Grand View Research has segmented the ASEAN ceramics market on the basis of product, application, end use, and region:

ASEAN Ceramics Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

·         Traditional

·         Advanced

ASEAN Ceramics Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

·         Sanitary ware

·         Table & ornamental ware

·         Abrasives

·         Bricks, roof tiles and pipes

·         Refractories

·         Ceramic tiles

·         Decorative ceramic tiles

·         Packaging

·         Fine art ceramics

·         Others

ASEAN Ceramics End Use Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

·         Housing & construction

·         Industrial

·         Medical

·         Others

ASEAN Ceramics Country Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

·         Indonesia

·         Malaysia

·         Singapore

·         Thailand

·         Vietnam

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com