Thursday, 23 December 2021

Pharmaceutical Packaging Market Will Target Emerging Markets By 2028

 Pharmaceutical Packaging Market Growth & Trends

The global pharmaceutical packaging market size is expected to reach USD 219.2 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.4% over the forecast period. The increasing prevalence of chronic diseases coupled with the growth of the pharmaceutical industry is anticipated to augment the consumption of pharmaceutical packaging products.

Ban on counterfeit products in North America and Europe is expected to be a major driver for the market as major companies are likely to invest heavily in anti-counterfeit packaging products. Blow-Fill-Seal (BFS) technology allows customized design for high-quality containers with tamper-evident closures in multiple shapes and sizes. Therefore, the growing demand for anti-counterfeiting packaging along with the advent of technology is likely to support the growth of tamper-evident pharmaceutical packaging.

Companies are focusing on using sustainable materials for packaging owing to the rising concerns about the generation of packaging waste that is difficult to degrade. Bioplastic is likely to gain traction in the market as it is derived from renewable plant-based sources and is biodegradable unlike the plastics and polymers derived from fossil fuels. In December 2019, Sanner GmbH, a Germany-based packaging manufacturer, introduced BioBase effervescent tablet packaging derived from corn and sugarcane. Such novel sustainable packaging solutions are expected to boost the growth of the market.

Pharmaceutical manufacturers are likely to prefer blister packaging for tablets and capsules as these are more sustainable with minimal usage of packaging material as compared to rigid bottles. In addition, the transparency of blister packs provides a clear product display and provides tamper-resistant features. The outbreak of COVID-19 has significantly increased the demand for various pharmaceutical drugs across the world, thereby propelling the demand for pharmaceutical manufacturing and their packaging. Rapid development and production of the vaccine in the year 2020 are anticipated to increase pharmaceutical manufacturing considerably, primarily benefitting the manufacturers of packaging vials in the near future.

Market players have been trying to increase their production capabilities as well as expand their geographic reach. In addition, companies are introducing and investing in high-tech packaging solutions with the changing environment. For instance, in April 2020, Schott AG introduced smart containers, which are laser-marked with a unique identifier to create robust traceability throughout the manufacturing process. Companies are expected to invest significantly in such developments in the coming years to strengthen their market position.

Request a free sample copy or view report summary: Pharmaceutical Packaging Market Report

Pharmaceutical Packaging Market Report Highlights

  • In terms of revenue, the glass segment is projected to ascend at the highest CAGR over the forecast period
  • Strong chemical resistance to various medicinal products and the ability to withstand heating treatment during the sterilization process is expected to expand the penetration of glass packaging
  • The contract packing segment accounted for 36.4% of revenue share in 2020. Regulatory requirements associated with pharmaceuticals and their packaging are gradually becoming stringent, and contract packaging organizations are in a better place to address those changes. This factor is boosting the demand for contract packaging services
  • The Asia Pacific is projected to be the fastest-growing region from 2021 to 2028. This growth is due to the rapidly expanding pharmaceutical market, particularly in China & India, and rising cases of various diseases, such as cancer and heart problems

Access Press Release@ https://www.grandviewresearch.com/press-release/global-pharmaceutical-packaging-market

Pharmaceutical Packaging Market Segmentation

Grand View Research has segmented the global pharmaceutical packaging market on the basis of material, product, end use, and region:

Pharmaceutical Packaging Material Outlook(Revenue, USD Million, 2017 - 2028)

  • Plastics & Polymers
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • PET
    • PE
    • PS
    • Others
  • Paper & Paperboard
  • Glass
  • Aluminum Foil
  • Others

Pharmaceutical Packaging Product Outlook(Revenue, USD Million, 2017 - 2028)

  • Primary
    • Plastic Bottles
    • Caps & Closures
    • Parenteral Containers
    • Blister Packs
    • Prefillable Inhalers
    • Pouches
    • Medication Tubes
    • Others
  • Secondary
    • Prescription Containers
    • Pharmaceutical Packaging Accessories
  • Tertiary

Pharmaceutical Packaging End-use Outlook(Revenue, USD Million, 2017 - 2028)

  • Pharma Manufacturing
  • Contract Packaging
  • Retail Pharmacy
  • Institutional Pharmacy

Pharmaceutical Packaging Regional Outlook(Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Russia
    • Turkey
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • Egypt

List of Key Players of Pharmaceutical Packaging Market

  • Amcor plc
  • Becton, Dickinson, and Company
  • AptarGroup, Inc.
  • Drug Plastics Group
  • Gerresheimer AG
  • Schott AG
  • Owens Illinois, Inc.
  • West Pharmaceutical Services, Inc.
  • Berry Global, Inc.
  • WestRock Company
  • SGD Pharma
  • International Paper
  • Comar, LLC
  • CCL Industries, Inc.
  • Vetter Pharma International

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.

Vitamin Supplements Market Predicted to Witness Steady Growth During the Forecast Period 2021-2028: Grand View Research Inc.

 Vitamin Supplements Market Growth & Trends

The global vitamin supplements market size is expected to reach USD 71.37 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.2% from 2021 to 2028. The market is predominantly driven by the growing awareness regarding the nutrition intake associated with health.

The nutraceutical industry is an evolving and dynamic sector, which offers novel opportunities to collaborate scientific discovery with the growing consumer interest in health-enhancing foods. It tracks and monitors consumer trends and relationships with mass distributors, thus the products developed in this industry are a response to direct demand. It is used to improve health, delay the aging process, prevent chronic diseases, increase life expectancy, and support the structuring and functioning of the body.

Awareness among consumers regarding health and wellness is shifting the trend toward the “Prevention is better than cure” ideology. This has resulted in more consumers relying on nutraceuticals, functional foods, and dietary and vitamin supplements to lead a healthy and disease-free life.

Nutraceuticals including vitamin supplements have received immense focus in the recent past owing to their nutritional and pharmaceutical benefits along with being safe for consumption without significant side effects. This has led to an explosive growth of the nutraceutical market across the globe.

Vitamin supplements are widely consumed as nutritional supplements across the world as they are useful in the treatment of various diseases and support overall immunity. The manufacturers operating in the market have witnessed an increase in demand due to the COVID-19 pandemic.

Request a free sample copy or view report summary: Vitamin Supplements Market Report

Vitamin Supplements Market Report Highlights

  • On the basis of type, the multivitamin segment dominated the market in 2020 with a revenue share of over 40.0%. This is due to the high demand for a blend of vitamins for the overall improvement of health and wellness
  • In terms of form, gummies are expected to expand at the fastest CAGR of 7.0% from 2021 to 2028. It is a sweet jelly-like form, is easy-to-carry, and offers better taste, good mouth feel, and essential nutrients
  • Based on distribution channel, the online segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 as it provides ease of ordering the required supplements directly from the website, along with free shipping and home delivery services
  • North America dominated the market with a revenue share of over 30.0% in 2020. The increasing demand for functional food and health supplements among consumers is a major factor driving the market in the region
  • In 2020, Pharmavite, the U.S.-based dietary supplement manufacturer, launched personalized vitamin and supplement subscription service as an extensive brand of Nature Made. This service helps the company to improve its brand value and customer relations

Access Press Release@ https://www.grandviewresearch.com/press-release/global-vitamin-supplements-market

Vitamin Supplements Market Segmentation

Grand View Research has segmented the global vitamin supplements market on the basis of type, form, distribution channel, and region:

Vitamin Supplements Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Multivitamin
  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin K

Vitamin Supplements Form Outlook (Revenue, USD Million, 2017 - 2028)

  • Powder
  • Tablets
  • Capsules
  • Softgels
  • Gummies
  • Others

Vitamin Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

  • Offline
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Others
  • Online

Vitamin Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia & New Zealand
  • Central & South America
    • Argentina
    • Brazil
  • Middle East & Africa
    • South Africa
    • GCC

List of Key Players of Vitamin Supplements Market

  • Glanbia Plc
  • Pfizer Inc.
  • Bayer AG
  • Amway Corp.
  • GlaxoSmithKline plc.
  • Good Health New Zealand
  • The Nature's Bounty Co.
  • NOW Foods
  • Abbott
  • Herbalife Nutrition
  • Nature's Sunshine Products, Inc.
  • NU SKIN
  • RBK Nutraceuticals Pty Ltd.
  • American Health, Inc.
  • Pharmavite

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.

Luxury Vegan Men’s Fashion Market Is Projected To Reach Approximately USD 40.0 Billion By 2028: Grand View Research Inc.

 Luxury Vegan Men’s Fashion Market Growth & Trends

The global luxury vegan men’s fashion market is anticipated to reach USD 40.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.9% from 2021 to 2028. The rising number of High-Net-worth Individuals (HNWI) and the growing popularity of vegan clothing and accessories made from cruelty-free sources among the millennial and Gen Z population across the world are anticipated to fuel the industry growth over the forecast period.

The increasing adoption of veganism has driven the demand for cruelty-free and environmentally friendly footwear across the globe. Several renowned brands are focusing on offering vegan footwear. Many of the new companies are adopting recycled materials to produce high-end vegan footwear. For instance, in 2018, Adidas introduced the vegan version of their popular Stan Smith sneakers, in collaboration with designer Stella McCartney. Furthermore, in 2019, the company launched a second version of the sneakers with colorful star patterns and chunky rainbow shoelaces.

The sudden outbreak of coronavirus has disrupted the supply chain, causing severe losses in terms of product shipment and on-time delivery. According to the Office of Textiles and Apparel (OTEXA), COVID-19 had a significant impact on global apparel imports for the complete year and the path to recovery of the industry cannot be expected to be quick. The value of U.S. apparel imports reduced by more than 60% in May 2020 when compared to the previous year, making a new record of single-month loss in trade volumes. Likewise, based on a report by luxury fashion firm Ralph Lauren Corporation, which deals with vegan apparel and accessories, the company is expected to take a hit of up to USD 70 million on its fourth-quarter sales due to the coronavirus outbreak and has stated that supply chain disruptions in China as one of the main reasons.

The vegan fashion market is both growing and transitioning toward the concept of sustainability as it offers an opportunity for brands to capture sales from increasingly environmentally conscious consumers. Established companies have been altering their production methods pertaining to vegan and eco-friendly materials to align themselves with changing trends. For instance, in July 2018, ECOALF launched Shao Sneakers made from algae and ocean plastic. Five plastic bottles sourced from the ocean are used to create the upper sole and algae is collected from lakes and rivers to create the outer sole.

Request a free sample copy or view report summary: Luxury Vegan Men’s Fashion Market Report

Luxury Vegan Men’s Fashion Market Report Highlights

  • Asia Pacific region is projected to be the fastest growing segment by progressing at a compound annual growth rate (CAGR) of 12.6% over the forecast period
  • The footwear segment is foreseen to remain at the forefront regarding market share and is projected to account for a total market share of 40.8% in 2028
  • The e-commerce segment in the distribution channel is projected to be the fastest-growing segment by progressing at a CAGR of 11.7% over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-luxury-vegan-mens-fashion-market

Luxury Vegan Men’s Fashion Market Segmentation

Grand View Research has segmented the global luxury vegan men’s fashion market on the basis of product, distribution channel, and region:

Luxury Vegan Men’s Fashion Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Accessories
  • Clothing & Apparel
  • Footwear

Luxury Vegan Men’s Fashion Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • E-commerce
  • Hypermarket/Supermarket
  • Departmental Stores
  • Specialty Stores
  • Others

Luxury Vegan Men’s Fashion Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
  • Middle East & Africa
    • South Africa
  • Central & South America
    • Brazil

List of Key Players of Luxury Vegan Men’s Fashion Market

  • Komodo Fashion
  • ECOALF
  • Brave GentleMan
  • Rapanui
  • Tact & Stone
  • THOUGHT CLOTHING
  • BARO
  • CARPASUS
  • Wuxly Movement
  • BCH

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.

Sun Care Products Market Analysis ,Industry Growth And Future Scope: Grand View Research Inc.

 Sun Care Products Market Growth & Trends

The global sun care products market is expected to reach USD 14.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.0% from 2021 to 2028. Sun care products are gaining popularity among consumers owing to the rising awareness of the effects of UV rays on the human skin. Moreover, consumers’ concerns about the signs of skin aging due to increased sun exposure are expected to drive the market.

The adult sun cream held the largest revenue share in 2020 and is expected to maintain its dominance over the forecast period. Sun cream for adults is used to prevent the skin from sunburn and early signs of aging such as wrinkles and leathery skin. The ability to protect against a high risk of skin cancer, skin discoloration, and inflammation is expected to improve sales in the coming years.

The hypermarket and supermarket segment held the largest revenue share in 2020 and is expected to maintain dominance over the forecast period. A large number of consumers prefer buying sunscreen products from hypermarkets and supermarkets due to the shopping experience offered by these stores. The ability to physically verify these products, along with expert assistance, is another major factor contributing to this distribution channel’s growth.

Europe made the largest contribution to the global market in 2020. Rising awareness among consumers regarding the harmful effects of prolonged sun exposure on the skin has helped boost product demand across the region. Furthermore, an increasing number of products that offer various additional benefits such as dark spot reduction, anti-aging have further fueled product demand.

The market is fragmented in nature, with the presence of a large number of global and regional players. Beiersdorf AG, Groupe Clarins, Johnson & Johnson, Coty Inc., Shiseido Co. Ltd., L'oreal, The Estee Lauder Companies Inc., Burt's Bees, Bioderma Laboratories, Unilever are among the prominent players in the global market.

Request a free sample copy or view report summary: Sun Care Products Market Report

Sun Care Products Market Report Highlights

  • The adult sun cream segment dominated the market and accounted for a 69.4% share of the overall revenue in 2020. Increasing trend of tan lines without actually going out in the sunlight is expected to drive the market
  • In terms of distribution channel, the hypermarket and supermarket segment accounted for a 48.5% share of the overall revenue in 2020
  • Europe held the largest revenue share of 35.1% in 2020, due to growing awareness among consumers in the region regarding the benefits of using sunscreen products
  • Product innovation and new launches emerged as the key strategy deployed by majority of market players to stay abreast of the competition

Access Press Release@ https://www.grandviewresearch.com/press-release/global-sun-care-products-market

Sun Care Products Market Segmentation

Grand View Research has segmented the global sun care products market on the basis of product, distribution channel, and region:

Sun Care Products Outlook (Revenue, USD Million, 2016 - 2028)

  • Adult Sun Cream
  • Baby Sun Cream
  • After Sun
  • Fake Tan/Self Tan
  • Tanning

Sun Care Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Hypermarket & supermarket
  • Pharmacy & drug store
  • Specialty store
  • Online
  • Others

Sun Care Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of Sun Care Products Market

  • Beiersdorf AG
  • Groupe Clarins
  • Johnson & Johnson
  • Coty Inc.
  • Shiseido Co. Ltd.
  • L'oreal
  • The Estee Lauder Companies Inc.
  • Burt's Bees
  • Bioderma Laboratories
  • Unilever

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.

Global Demand for Anti Stretch Mark Products Market to Incur Considerable Upsurge During 2021 – 2028: Grand View Research Inc.

 Anti Stretch Mark Products Market Growth & Trends

The global anti stretch mark products market size is expected to reach USD 1.78 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. Anti stretch mark products contain active ingredients formulations that help in reducing the appearance of stretch marks. Increasing product acceptance and application by consumers are driving the demand.

Furthermore, brands have been incorporating social media awareness campaigns concerning stretch marks. For instance, in August 2019, Bio-Oil marketed by Union Swiss launched the #LoveYourMarks campaign on Instagram to promote its line of skincare oil to treat scars, stretch marks, and uneven skin tone and celebrate their imperfections while caring for their skin.

Moreover, companies have been launching new products and targeting every demographic with different products. For instance, the COLLISTAR-skincare brand offers Pure Actives Anti stretch Marks cream formulated with elastin, hyaluronic acid, and collagen, which helps to reduce, soften, and improve the appearance of the unsightly color of existing stretch marks.

The market witnessed a decline in the wake of the COVID-19 pandemic as there has been a sharp decline in beauty and skincare products globally. Factors such as shelter-at-home, social distancing, and lockdowns have drastically impacted the urge to buy skincare items including anti stretch mark products as consumers have become more conscious about the spending habits to buy essential and daily routine products.

The creams product segment held the largest revenue share in 2020 and is expected to maintain its lead over the forecast period. Consumer preferences are shifting toward eco-friendly and green products that do not contain synthetic fragrances or harsh chemicals.

Growing brands and mergers in the industry with plant-based, vegan, and organic ingredients are expected to favor the segment growth. For instance, in 2017, Derme&Co group acquired Laboratoires Druide, an organic certified brand in order to design the best products.

The online distribution channel is projected to witness significant growth from 2021 to 2028. Consumers are switching from offline to online channels owing to the change in their purchasing patterns and a considerable shift in lifestyles. E-commerce platforms offer high levels of convenience, increased product visibility, and at-home delivery features, which are boosting the segment growth.

Asia Pacific held the largest revenue share in 2020 and is anticipated to maintain its lead over the forecast period owing to increasing disposable income and changing lifestyles of consumers. Additionally, emerging online shopping portals is one major trend witnessed in the market.

Request a free sample copy or view report summary: Anti Stretch Mark Products Market Report

Anti Stretch Mark Products Market Report Highlights

  • New product launches and innovations in relation to stretch mark concerns are some of the strategies adopted by the key players in the market to gain traction among consumers
  • The creams product segment led the market and held a revenue share of over 35.0% in 2020. Creams are among the prominent products opted for stretch scars, blemishes, and spots with high product launch rates
  • Asia Pacific is expected to witness the fastest growth from 2021 to 2028. Growing awareness regarding the importance of anti stretch mark products in countries, including China, India, and Japan, is one of the major factors supporting the market growth owing to the heightened demand for such products

Access Press Release@ https://www.grandviewresearch.com/press-release/global-anti-stretch-mark-products-market

Anti Stretch Mark Products Market Segmentation

Grand View Research has segmented the global anti stretch mark products market on the basis of product, distribution channel, and region:

Anti Stretch Mark Products Outlook (Revenue, USD Million, 2016 - 2028)

  • Creams
  • Body Butter
  • Lotions
  • Serum
  • Massage Oil

Anti Stretch Mark Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Hypermarket & Supermarket
  • Pharmacy & Drug Stores
  • Specialty Store
  • Online
  • Others

Anti Stretch Mark Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of Anti Stretch Mark Products Market

  • L’Oréal S.A.
  • Beiersdorf AG
  • Mustela
  • The Clorox Company (Burt’s Bees)
  • Bio Oil
  • Clarins
  • Earth Mama Organics
  • The Estée Lauder Companies Inc.
  • Himalaya Global Holdings Ltd.
  • Crown Laboratories, Inc. (StriVectin)

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.

Fruit And Vegetable Chips Market to Surpass USD 78.4 Billion by 2028: Grand View Research Inc.

 Fruit And Vegetable Chips Market Growth & Trends

The global fruit and vegetable chips market size is expected to reach USD 78.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Consumers' interest is shifting towards heal thier snacking alternatives over conventional fried snacks as they help in fulfilling the nutritional gap. The increasing prevalence of health issues such as obesity and rising focus towards clean and healthy eating is expected to drive the market.

Consumers are increasingly becoming aware of the negative impacts of fried snacks on their health as they contain high amounts of saturated fats and calories. Moreover, increasing innovative launches by product manufacturers with plant-based ingredients and veggies is augmenting market growth.

Under vegetable chips, potato chips held the largest share in 2020. The high consumer preference for potato chips and rising availability of it in novel flavors and gluten-free range is likely to drive its demand. The growth is supported by product launches by most recognized brands. For instance, in July 2021, Frito Lay launched its new range of potato chips Doritos Cool Ranch and Funyuns Onion.

The fruit chips segment is expected to exhibit a higher CAGR from 2021 to 2028. Consumers are seeking new and innovative ways to enjoy their daily intake of fruits, which is shifting their inclination towards functional and sustainable fruit chips. Constant product launches are driving the segment growth. For instance, in July 2021, RIND Snacks, Inc launched its new range of thin-cut fruit chips in exotic flavors of oranges, kiwis, and apples. The product offers with benefits of natural fiber, and vitamins and antioxidants.

The market is consolidated in nature with the presence of a large number of international players and a few regional players. Luke's Organic, PepsiCo, The Kellogg Company, Calbee North America, Seneca Foods Corp., Hain Celestial, Herr Foods Inc., Campbell Soup Company, Utz Brands, Inc., Greenday are the prominent players in the global market.

Request a free sample copy or view report summary: Fruit And Vegetable Chips Market Report

Fruit And Vegetable Chips Market Report Highlights

  • Asia Pacific is expected to contribute a majority of the share to become the largest market in 2020. Consumers eating preferences in China has shifted towards healthy snacks that are preservative-free and contain minerals
  • The mix vegetable chips segment is projected to register the fastest CAGR of 7.3% from 2021 to 2028 as consumers prefer to eat chips containing more vegetables rather than be limited to only a single vegetable
  • The apple fruit chips segment is expected to register significant growth during the forecast period. Apple chips in dried form fulfill the demand for a quick and filling snacks, which is driving its growth
  • The online segment is expected to register a CAGR of 6.6% from 2021 to 2028 owing to the shifting consumer’s shopping patterns

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fruit-and-vegetable-chips-market

Fruit And Vegetable Chips Market Segmentation

Grand View Research has segmented the global fruit and vegetable chips market on the basis of product, distribution channel, and region:

Fruit & Vegetable Chips Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Vegetable
    • Potato
    • Sweet Potato
    • Beetroot
    • Carrot
    • Mix
    • Others
  • Fruit
    • Apple
    • Banana
    • Mango
    • Mix
    • Others

Fruit & Vegetable Chips Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Offline
  • Online

Fruit & Vegetable Chips Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of Fruit and Vegetable Chips Market

  • Luke's Organic
  • PepsiCo
  • The Kellogg Company
  • Calbee North America
  • Seneca Foods Corp.
  • Hain Celestial
  • Herr Foods Inc.
  • Campbell Soup Company
  • Utz Brands, Inc.
  • Greenday

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.

Wednesday, 22 December 2021

Intellectual Property Management Software Market is Expected to Amplify USD 431.6 Million Value by 2028: Grand View Research Inc.

 Intellectual Property Management Software Market Growth & Trends

The global intellectual property management software market size is anticipated to reach USD 431.6 million by 2028, expanding at a CAGR of 15.6% over the forecast period, as per the research conducted by Grand View Research, Inc. Development in the Information and Communication Technologies (ICT) sector, coupled with the growing awareness and adoption of intellectual property management software across emerging economies such as China and India, are expected to offer lucrative opportunities for the market growth.

Furthermore, increasing government initiatives toward creating a digital infrastructure and regulatory framework to monetize and protect creations are also expected to contribute to the growth of the market. For instance, China’s central government has developed a specialized intellectual property division in courts to deal with infringement and is committed to streamlining enforcement processes for trademark violations. Additionally, India is building a digital infrastructure in line with the country’s national IP policy. This initiative will safeguard and promote patents while protecting intellectual properties.

The outbreak of the COVID-19 pandemic has negatively impacted the growth of the market for intellectual property management software. The lockdown restrictions imposed by various governments across the globe have significantly impacted the use of the software. However, the market is expected to witness significant growth with the gradual leniency in restrictions and resumption of businesses.

North America contributed around 40.0% to the total market share in 2020, attributed to the increasing use of patents in the region. For instance, as per the data published by United States Patents and Trademarks Office, the number of patents used in the U.S. totaled 399,055 in 2020, compared to 370,423 in 2019. The regional market is anticipated to witness steady growth over the forecast period as well.

Some of the prominent players in the market for intellectual property management software include Anaqua Inc.; Clarivate; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel. These players focus on launching new products, applications, and services to enhance their business operations. For instance, in November 2019, CPA Global announced its customer-focused strategy to enhance IP outcomes from improved data-enabled IP decision-making and improved IP productivity across the industry. After the acquisition of ipan/Delegate Group, CPA global operates in two core business divisions namely Software and Tech-Enabled Services.

Request a free sample copy or view report summary: Intellectual Property Management Software Market Report

Intellectual Property Management Software Market Report Highlights

  • The service component segment is expected to dominate the market owing to the increasing demand for post-sale services for software across the globe. The segment is expected to reach USD 237.8 million by 2028
  • The cloud deployment segment is anticipated to expand at the highest CAGR of 16.3% over the forecast period
  • The commercial end-user segment is expected to dominate the market over the forecast period. It is anticipated to reach USD 255.2 million by 2028
  • The patent management segment is anticipated to witness the fastest CAGR of 16.1% over the forecast period. The growth can be attributed to increasing patent registrations and applications globally
  • North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 163.9 million by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major growth drivers for the market in this region
  • Prominent industry participants include Anaqua Inc.; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel

Access Press Release@ https://www.grandviewresearch.com/press-release/global-intellectual-property-management-software-market

Intellectual Property Management Software Market Segmentation

Grand View Research has segmented the global intellectual property management software market based on component, deployment type, end-user, application, and region:

Intellectual Property Management Software Component Outlook (Revenue, USD Million, 2018 - 2028)

  • Service
  • Software

Intellectual Property Management Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

  • On-premise
  • Cloud

Intellectual Property Management Software End-user Outlook (Revenue, USD Million, 2018 - 2028)

  • Individual
  • Commercial

Intellectual Property Management Software Commercial Outlook (Revenue, USD Million, 2018 - 2028)

  • BFSI
  • IT & Telecom
  • Automotive
  • Technology
  • Others

Intellectual Property Management Software Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Patent Management
  • Trade Management
  • Licensing

Intellectual Property Management Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of Intellectual Property Management Software Market

  • Anaqua Inc.
  • Questel
  • Gemalto NV
  • CPA Global
  • Innovation Asset Group Inc.

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.

Plastic Compounds Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Plastic Compounds Market Growth & Trends

The global plastic compounds market size is expected to reach USD 98.65 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% over the forecast period. The market is estimated to be driven by packaging applications across the globe. The product demand in the packaging industry is driven by high consumerism in major economies, such as China, India, Germany, the U.S., and Brazil. Various regulatory bodies have stipulated guidelines regarding packaging materials in food contact applications. Polypropylene (PP) compounds offer a cost-effective packaging solution and help enhance impact strength, flexibility, clarity, and process efficiency. High demand for Polyethylene (PE) in the packaging industry has majorly contributed to the growth of the packaging end-use segment.

The global COVID-19 pandemic moderately affected the product demand in packaging application in 2020. The demand for packaging for healthcare products, food products, groceries, and e-commerce transportation increased sharply, while the demand for luxury, industrial, and some B2B transport packaging witnessed decline owing to the slowdown and halt in industrial operations. The recommencing industrial operation is expected to positively influence the demand in industrial, and B2B transport packaging in the coming years.

The glass fiber reinforce filler segment is estimated to witness significant growth over the forecast period as these compounds are widely used in building & construction applications. Moreover, they are used to construct domes, fountains, columns, planters, panels, sculptures, façade, roofs, and various other construction components. Components produced using glass fiber reinforced plastics have one-fourth of the weight of steel with similar tensile and compressive strength. Thus, the growth of the building & construction activities across the globe is likely to drive the segment over the forecast period. Glass fiber reinforced plastic is also used for manufacturing boats, which requires water resistance to prevent corrosion and improve the service life of boats.

Request a free sample copy or view report summary: Plastic Compounds Market Report

Plastic Compounds Market Report Highlights

  • In terms of revenue, the automotive end-use segment accounted for the largest revenue share of the global market in 2020 and is expected to witness prominent growth over the forecast period
  • Asia Pacific was the dominant regional market in 2020 owing to the growing demand for automobiles in the region coupled with favorable FDI norms by various governments encouraging the adoption of Electric Vehicles (EVs)
  • Strategic partnerships, capacity expansions, and new product developments are popular strategies adopted by a majority of players operating in this market
  • For instance, in January 2021, Eurostar Engineering Plastics was acquired by Ascend Performance Materials, a Houston-based manufacturer of polyamide 66 resin
  • This acquisition helped both the companies to expand their compounding product market globally

Access Press Release@ https://www.grandviewresearch.com/press-release/global-plastic-compounds-market

Plastic Compounds Market Segmentation

Grand View Research has segmented the global plastic compounds market on the basis of basis of resin, technology, filler, end use, and region:

Plastic Compounds Resin Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Thermoplastic Elastomers (TPE)
    • Thermoplastic Styrenic Elastomers
      • Saturated
      • Unsaturated
    • Thermoplastic Polyolefins (TPO)
    • Thermoplastic Vulcanizates (TPV)
  • Polystyrene (PS)
  • Polybutylene Terephthalate (PBT)
  • Polyamide (PA)
  • Polycarbonates (PC)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Bioplastic
  • Acrylonitrile Styrene Acrylate (ASA)
  • Styrene Acrylonitrile (SAN)
  • Polymethyl methacrylate (PMMA)
  • Polyoxymethylene (POM)
  • Blends (PC/ABS, ABS/PBT, PS/PP)

Plastic Compounds Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Injection Molding
  • Extrusion
  • Blow Molding
  • Others

Plastic Compounds Filler Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Unfilled
  • Calcium Carbonate-filled
  • Talcum-filled
  • Glass Fiber Reinforced
  • Long Glass Fiber-filled
  • Flame Retardant
  • Carbon Fiber Reinforced

Plastic Compounds End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Automotive
  • Appliances
  • Electrical, Electronics & Electrotechnical
  • Building & Construction
  • Furniture
  • Power Tools
  • Packaging
  • Agriculture
  • Sport & Leisure
  • Healthcare
  • Others

Plastic Compounds Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

List of Key Players of Plastic Compounds Market

  • Adell Plastics
  • Asahi Kasei Corp.
  • BASF SE
  • Chevron Phillips Chemical Company LLC
  • China XD Plastics Co., Ltd.
  • Covestro AG
  • Dow Inc.
  • DuPont
  • Qingdao Gon Science & Technology Co., Ltd.
  • Foster Corp.

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.

Civil Aviation Industry to Observe Strong Development by 2028: Grand View Research Inc.

 COVID-19 Impact On Civil Aviation Industry, Growth & Trends

The outbreak of the COVID-19 pandemic has taken a severe toll on the global civil aviation industry, which has had to confront considerable revenue losses over the past year. The industry is poised for a gradual recovery and is expected to reach USD 1.09 trillion by 2028, registering a CAGR of 8.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. Airline operators took a drastic hit as several governments across the world imposed restrictions on the movement of people as part of the efforts to arrest the spread of coronavirus and people preferred keeping travel-related activities at bay owing to concerns over the risk of contraction of the disease. The demand for air travel continued to plummet as a result.

The initial response to the outbreak of the pandemic was limited to prohibiting travelers from China. However, with the rapid spread of coronavirus across the world, several governments went on to impose travel bans. The World Health Organization (WHO) coordinated with various governments to issue a global health advisory and urged people across the globe to avoid all travel activities. The subsequent dramatic decline in air passenger traffic following such containment measures poses a severe threat to numerous incumbents of the aviation industry.

At this juncture, airline operators are focusing aggressively on reviving themselves amid the challenging situation. Airlines are also focusing on regaining passengers' trust by ensuring sanitized cabins and guaranteeing touchless travel. At the same time, several governments worldwide are instilling cash in the aviation industry. Numerous airlines in the U.S. and the Gulf have already become solvent, even with reduced revenue inflows, leveraging the support they received from their respective governments.

Request a free sample copy or view report summary: COVID-19 Impact On Civil Aviation Industry Report

COVID-19 Impact On Civil Aviation Industry, Report Highlights

  • Both domestic and international air passenger traffic plummeted approximately 60% over the year in 2020. However, domestic air travel is recovering ahead of international air travel as various governments are easing the restrictions on the movement of people and permitting domestic air travel
  • Airlines are putting a strong emphasis on enhancing the traveling experience by implementing solutions based on the latest technologies, such as thermal scanning, biometric scanning, and UV ray disinfection
  • Asia Pacific is expected to recover faster than other regional markets. The level of consumer confidence among passengers in the region has been improving as a result of the efforts being pursued by the governments in the region to contain the spread of coronavirus
  • Operators, including American Airlines, Alaska Airlines, and South West Airlines, are adopting unique marketing plans to attract passengers as part of the efforts to augment the revenues

Access Press Release@ https://www.grandviewresearch.com/press-release/global-civil-aviation-industry

Civil Aviation Industry Segmentation

Grand View Research has segmented the global COVID-19 impact on civil aviation industry based on region:

COVID-19 Impact on Civil Aviation Regional Outlook (Revenue, USD Billion, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • 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.

Global Healthcare ERP Market to Account for USD 10.3 Billion by 2028: Grand View Research Inc.

 Healthcare ERP Market Growth & Trends

The global healthcare ERP market size is expected to reach USD 10.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. Healthcare organizations are under pressure to adopt technological solutions to curb the rising expenditures, ineffective hospital service management, rising workforce shortage, and growing patient population. The rising awareness regarding benefits associated with adopting ERP systems, such as high-quality care delivery solutions, eliminating back-end manual activities, and minimizing operational expenses, contribute to the healthcare enterprise resource planning market growth.

The growing demand for ERP systems from small and medium businesses to enhance business processes and outcomes are driving the market. Seamless access to centralized data from remote locations improves the functioning and data management of the organization. The COVID-19 pandemic exposed the shortcomings of the existing systems adopted by healthcare organizations. During the pandemic, several businesses began adopting ERP systems to automate and digitalize their business processes and streamline their workflows to enhance their productivity and efficiency.

The finance and billing function segment dominated the market in 2020 owing to the growing need to amalgamate the front-end revenue cycle management processes, such as patient access, with back-end activities such as claims management. The inventory and material management segment is expected to grow significantly over the forecast period due to the feature of real-time access to manufacturing and supply chain management. The on-premises deployment segment dominated the market in 2020 due to minimizing costs and ease of access. The cloud deployment segment is expected to grow lucratively over the forecast period owing to the growth of cloud computing and improved accessibility of the internet.

North America dominated the market in 2020 due to rising adoption rates of advanced ERP systems and the emergence of AI-empowered solutions, coupled with infrastructure development. Asia Pacific is expected to register a significant growth rate over the forecast period owing to the emergence of start-ups providing AI-powered ERP systems, growing public and private partnerships to promote healthcare IT infrastructure, and availability of an economical high-skilled workforce.

Request a free sample copy or view report summary: Healthcare ERP Market Report

Healthcare ERP Market Report Highlights

  • The healthcare enterprise resource planning market growth can be attributed to the growing digitalization of business processes to streamline workflows
  • In terms of function, the finance and billing segment dominated the market in 2020, owing to the need to lower barriers between front-end revenue cycle management processes and back-end activities
  • The on-premises deployment segment dominated the market in 2020 owing to the ease-of-access and minimum maintenance cost of ERP solutions
  • North America dominated the market in 2020 due to the rise in adoption of advanced ERP systems and the significant presence of market players

Access Press Release@ https://www.grandviewresearch.com/press-release/global-healthcare-erp-market

Healthcare ERP Market Segmentation

Grand View Research has segmented the global healthcare ERP market based on function, deployment, and region:

Healthcare ERP Function Outlook (Revenue, USD Million, 2016 - 2028)

  • Inventory and Material Management
  • Supply Chain and Logistics Management
  • Patient Relationship Management
  • Finance and Billing
  • Others

Healthcare ERP Deployment Outlook (Revenue, USD Million, 2016 - 2028)

  • On-premises
  • Cloud

Healthcare ERP Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • UAE

List of Key Players of Healthcare ERP Market

  • McKesson Corporation
  • Microsoft
  • Infor
  • Odoo
  • SAP
  • Oracle
  • Epicor Software Corporation
  • QAD, Inc.
  • Aptean
  • Sage Group PLC

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.

License Management Market Size, Trends, and Growth Forecast 2033

  License management is the process of tracking, organizing, and controlling software licenses within an organization. As businesses increas...