Monday 14 October 2024

U.S. Rooftop Tent Market Witness Excellent Revenue Growth During 2024-2030: Grand View Research Inc

 U.S. Rooftop Tent Market Growth & Trends

The U.S. rooftop tent market size is estimated to reach USD 286.71 million by 2030, expanding at a CAGR of 8.0% over the forecast period, according to a new study by Grand View Research, Inc. The internet is essential in increasing the demand for camping equipment in the U.S. The e-commerce sector is growing, which makes it easier for customers to choose and purchase rooftop tents from online sites or applications like Amazon, E-bay, etc. This saves customers' time and enables them to take advantage of numerous discounts to reduce costs. The majority of online shopping outlets rely on social media networks to spread the word about campgrounds. To inform users of new camping areas, numerous smartphone applications, including POCKET, CampFone, Woodall's, iCamp, and MapMyHike, were released. In addition, social media enables customers to learn enough facts about a product's capabilities before making a purchase.

The rising popularity of adventure tourism and the simplicity of setup are driving the market for rooftop tents in the U.S. The demand for the product has benefited from the recent rapid growth of adventure tourism, particularly in the U.S. The market for U.S. rooftop tent is driven by rising interest in outdoor activities and is anticipated to grow over the course of the forecast period. The need for comfortable and luxurious rooftop tents is growing because camping is typically done outside of cities where access to essential utilities like internet, electricity, and other amenities is limited. Rooftop tents are convenient, secure, cozy, and dry.

Governments worldwide promote tourism involving extreme sports, like camping, which assists in the growth of the global market for camping tents. Adventure tourism has recently increased, especially in Europe, North America, and Asia-Pacific, which is helping boost demand for camping tents. A survey conducted by the Adventure Travel Trade Association (ATTA) revealed that in 2020, more people chose adventure travel programs, which fueled the growth of the camping tent business. People across the U.S. realize the advantages of engaging in outdoor and leisure activities; hence, they spend more time camping each year. Such individuals' propensity for outdoor recreation fuels the development of rooftop tents.

North America is one of the most important markets for the U.S. Rooftop Tent. As the majority of the top vendors in the sector are based here, the U.S. enjoys an advantage in terms of innovation. A suitable atmosphere for market sellers to increase their presence in the area is being created by the regional government’s promotion of extreme sports, camping, and many other activities. Owing to the possibility of expansion, companies use merger and acquisition strategies to expand their presence there. For instance, In February 2021, The Wheel Group acquired Tuff Stuff Overland, a platform for direct-to-consumer online sales of outdoor gear products. The business sells outdoor overland equipment, such as rooftop tents, truck bed racks, awnings, and related accessories.

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U.S. Rooftop Tent Market Report Highlights

  • Automotive rooftop tents have grown in popularity as a low-cost alternative to recreational vehicles and a slightly more elegant way to camp. The most appealing aspects of rooftop tents are their ease of erecting and the way they support the inhabitants off the ground.
  • The commercial rooftop tent market is influenced by several factors, including the growth of the outdoor recreation industry and the increasing popularity of adventure tourism.
  • The rise in e-commercemakes it easier for customers to purchase these products online, fostering market growth.
  • The 2-person and 3-person tents are usually hard-shell tents. With the growing demand for hard-shell tents, the demand for smaller tents is also expected to expand significantly.
  • Customizing product offerings to cater to specific regional preferences, climates, and outdoor landscapes helps capitalize on local market opportunities and drive market penetration.

Access Press Release@ https://www.grandviewresearch.com/press-release/us-rooftop-tent-market-analysis

U.S. Rooftop Tent Market Segmentation

Grand View Research has segmented the U.S. rooftop tent market based on tent type, capacity, and application:

U.S. Rooftop Tent Type Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Hard-shell
  • Soft-shell

U.S. Rooftop Tent Capacity Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • 2 Person
  • 3 Person
  • 4 Person
  • 5 Person

U.S. Rooftop Tent Application Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Personal
  • Commercial

List of Key Players in the U.S. Rooftop Tent Market

  • 23Zero
  • Alu-Cab
  • Body Armor 4x4
  • Cascadia Vehicle Tents
  • Freespirit Recreation
  • Front Runner Outfitters
  • iKamper USA, Inc.
  • Smittybilt Inc.
  • Roofnest Ltd
  • Tuff Stuff Overland.
  • Thule Group.
  • Overland Vehicle Systems.
  • James Baroud

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.

Thursday 10 October 2024

Nitrogen Gas Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Nitrogen Gas Market Growth & Trends

The global nitrogen gas market size is anticipated to reach USD 44.28 billion by 2030, with a healthy CAGR of 6.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is anticipated to be driven by the increased manufacturing of packaged food, medicines, pharmaceuticals, and electronics, thereby proliferating the industry growth.

The rising demand for convenience foods and the growing global food trade further amplify the product demand in food packaging. Manufacturers rely on nitrogen flushing to meet these demands as consumers seek options such as fresh food with extended shelf life. Also, the growing consumption of packaged food among the urban population and increasing demand for single-serve packs are further expected to spur industry growth.

Strict environmental regulations, such as the Clean Air Act, EPA regulations, and the Kyoto Protocol, challenge the nitrogen gas industry. These regulations are crucial for environmental protection but are likely to hinder market growth. Governments worldwide are implementing measures to reduce greenhouse emissions; thus, product manufacturers need to comply with these policies. An increasing emphasis on CSR initiatives is compelling product manufacturers to prioritize sustainability. Adopting environmentally friendly production practices and reducing carbon footprints aids in regulatory compliance and also enhances corporate brand image, potentially attracting a segment of environmentally conscious consumers.

However, the natural gas prices below depict significant price volatility that creates uncertainty for nitrogen gas producers and end users. The fluctuating input costs directly impact the cost of nitrogen production and, thus, the final pricing of the product, hindering overall market growth.

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Nitrogen Gas Market Report Highlights

  • The compressed gas segment is expected to witness a robust CAGR of 6.1% over the forecast period. Compressed gas offers a cost-effective and efficient solution for high-production facilities, making cryogenic fractional distillation a widely adopted technology to produce high-purity industrial gases. This segment growth is anticipated to increase in cylinder systems associated with cryogenic fractional distillation, pressure swing adsorption, and membrane separation over the projected period.
  • The electronics application segment is likely to grow at the fastest CAGR of 6.7% over the coming years. Increasing disposable income, ongoing advancements in technology, and the surging popularity of new gadgets among both younger and older populations are enhancing the growth of the electronics industry. This, in turn, aids the production of electronic devices that eventually require nitrogen to provide an oxygen-and moisture-free environment. End users prefer onsite plants to meet the growing product demand and take steps toward decarbonization.
  • Asia Pacific is expected to witness the fastest CAGR of 6.8% over the forecast period. Nitrogen gas is widely used in various industries, such as electronics, pharmaceuticals, petrochemicals, and food packaging, for inerting, blanketing, and purging to prevent oxidation. The regional market is characterized by front- and back-end manufacturing. According to the Semiconductor Manufacturing Association, about 75% of the total global wafer fabrication, assembly, testing, and packaging of 7-nanometer chips is concentrated in the region. The far-reaching policies in the U.S. and European semiconductors industry have altered the Asia Pacific industry.
  • The key players in the market include Air Products and Chemicals, Inc., Air Water America, Inc., Linde plc, Messer Group, and Praxair Technology, Inc. These companies dominate the global market with a substantial presence throughout the value chain.
  • In September 2023, Air Water America Inc. acquired American Gas Products LLC, a producer of industrial and specialty gas in the U.S., to expand its presence in the North American market and strengthen its product portfolio.  

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

Nitrogen Gas Market Segmentation

Grand View Research has segmented the global nitrogen gas market based on form, application, and region:

Nitrogen Gas Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Compressed Gas
  • Liquid Nitrogen Gas

Nitrogen Gas Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Food & Beverage
  • Chemicals
  • Pharmaceuticals
  • Electronics
  • Others

Nitrogen Gas Region Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Switzerland
    • France
    • Italy
    • Spain
    • The Netherlands
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Indonesia
    • Vietnam
    • Australia
    • New Zealand
  • Central & South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
  • Middle East & Africa
    • Iran
    • Oman
    • UAE
    • Qatar
    • Kuwait
    • Saudi Arabia
    • South Africa
    • Angola
    • Nigeria

List of Key Players in the Nitrogen Gas Market

  • Air Products and Chemicals, Inc.
  • Gulfcryo
  • Universal Industrial Gases, Inc.
  • NEXAIR
  • Southern Industrial Gas Sdn Bhd
  • Praxair Technology, Inc.
  • Taiyo Nippon Sanso Corporation
  • Axcel Gases
  • Linde Plc
  • Omega Air
  • Ellenbarrie Industrial Gases
  • Messer Group
  • Parker Hannifin
  • Dubai Industrial Gas
  • Yingde Gases Group

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.

Supplements And Nutrition Packaging Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Supplements And Nutrition Packaging Market Growth & Trends

The global supplements and nutrition packaging market size is expected to surpass USD 40.54 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2024 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.

The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.

Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.

According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.

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Supplements And Nutrition Packaging Market Report Highlights

  • In terms of revenue, the secondary & tertiary packaging type is projected to ascend at the highest CAGR of 5.2% over the forecast period. The secondary & tertiary packaging protect the primary packaging and assists in smooth and damage-free transportation of the products throughout the supply chain. The expanding e-commerce business is driving demand for secondary & tertiary packaging
  • Plastic segment accounted for the largest revenue share of 77.4% in 2022. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
  • Supplements & nutrition packaging in Asia Pacific was valued at USD 11.46 million in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
  • The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packagingsolutions such as stand-up pouches, sachets, and others

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

Supplements And Nutrition Packaging Segmentation

Grand View Research has segmented the global supplements and nutrition packaging market report based on packaging type, material, formulation and region:

Supplements And Nutrition Packaging Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Plastic
    • PET
    • HDPE
    • PP
    • Others
  • Paper & Paperboard
  • Glass
  • Metals

Supplements And Nutrition Packaging Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Bottles & Jars
  • Tins & Cans
  • Pouches
  • Sachets
  • Blisters
  • Other Products

Supplements And Nutrition Packaging Formulation Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Tablets
  • Capsules & Pills
  • Powder
  • Soft Gel
  • Liquid

Supplements And Nutrition Packaging Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

List of Key Players in the Supplements And Nutrition Packaging Market

  • Glenroy, Inc.
  • Alpha Packaging
  • Comar, LLC
  • Graham Packaging Company
  • Gerresheimer AG
  • ePac Holdings, LLC
  • Law Print & Packaging Management Ltd.
  • MPS (Molded Packaging Solutions)
  • OPM Labels
  • Container and Packaging Supply, Inc.
  • PRETIUM PACKAGING
  • Eagle Flexible Packaging
  • TRL Packaging
  • Uniflex
  • Altium Packaging

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.

Nuclear Magnetic Resonance Spectroscopy Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Nuclear Magnetic Resonance Spectroscopy Market Growth & Trends

The global nuclear magnetic resonance spectroscopy market size is expected to reach USD 1.08 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.1% from 2024 to 2030. The rising need for metabolomics-based diagnosis, coupled with increasing usage in various fields, is anticipated to surge the growth of the market. Bruker offers nuclear magnetic resonance (NMR) spectroscopy solutions for multi-omics, tissue SpatialOMx, proteomics, functional structural biology, biomolecular condensates, and biopharma and applied.

The market for NMR spectroscopy witnessed incremental growth in 2021 and is anticipated to showcase a similar trend in the forecast period. The instrument demand from academic and university research centers is a significant contributor to the revenue. For instance, in June 2021, National Science Foundation announced an investment of USD 40 million to develop the Network for Advanced NMR (NAN) between the University of Georgia, UConn School of Medicine, and UW–Madison’s National Magnetic Resonance Facility at Madison.

Other determinants such as the rapidly expanding demand for generic medicine, technical improvements in healthcare, as well as government initiatives and grants in the nuclear magnetic resonance spectroscopy industry are also contributing to the market's growth. In the U.S., government-funded - S10 Instrumentation Programs have been formed to support the purchase of instruments, including NMR spectroscopy. There are three active funding programs with June 2023 as the deadline. These programs range from USD 25,000 to USD 2,000,000.

The COVID-19 pandemic is anticipated to positively impact the demand for the product. However, supply shortages and accelerated prices of raw materials impacted the profitability of the players. The prices of key raw materials such as copper, steel, and metallic, used for superconductors, have risen over the last decade.

The increasing demand for cancer diagnostics is expected to majorly drive market growth in the coming years. Diagnosis for Parkinson’s disease, cancer, infectious diseases, and psychiatric disorders, has been investigated with the use of NMR spectroscopy. For instance, in January 2022, a study was conducted at the University of Oxford to develop a new blood test, through NMR metabolomics, that can identify a range of cancers.

On the other hand, this is a niche market with limited players. Additionally, NMR spectroscopy is considered to be bulky and expensive, as its cost ranges from around a few hundred thousand dollars for 400 MHz, to millions for higher field magnets. Additionally, the requirement of high-field magnets, filled with cryogenic fluids regularly, and routine maintenance of electronics and probes increases the cost. 

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Nuclear Magnetic Resonance Spectroscopy Market Report Highlights 

  • By product, the instruments segment held the dominant share of the NMR spectroscopy industry, owing to the increasing demand by universities and research centers for high-field NMR spectroscopy
  • The steadily increasing scope of the product has a significant impact on the market. For instance, solid-state NMR spectroscopy (SSNMR) is considered an analytical tool for drug characterization, hence propelling the market growth
  • By type, the high-field NMR spectroscopy segment dominated the market in 2023, since it offers better sensitivity to the researchers
  • By end-use, the academic segment held a larger share in 2023; numerous universities employ NMR analysis to enhance chemical identification in pharmaceutical and chemical industries
  • North America held a substantial share in the global market in 2023 due to the presence of a large number of universities and increasing funding support by the government to enhance research infrastructure
  • The Asia Pacific region is projected to grow considerably in the future, owing to the rising availability of raw materials and increasing biomedical research in the pharma and biotech industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-nuclear-magnetic-resonance-spectroscopy-market

Nuclear Magnetic Resonance Spectroscopy Market Segmentation

Grand View Research has segmented the global nuclear magnetic resonance spectroscopy market report based on product, type, end-use and region:

Nuclear Magnetic Resonance Spectroscopy Product Outlook (Revenue, USD Million, 2018 - 2030­)

  • Instruments
  • Consumables

Nuclear Magnetic Resonance Spectroscopy Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Low-field NMR Spectroscopy
  • High-field NMR Spectroscopy

Nuclear Magnetic Resonance Spectroscopy End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Academic
  • Pharmaceutical and Biotech Companies
  • Agriculture and Food
  • Chemical Industry
  • Others

Nuclear Magnetic Resonance Spectroscopy Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Nuclear Magnetic Resonance Spectroscopy Market

  • JEOL Ltd.
  • Thermo Fisher Scientific Inc.
  • Bruker
  • Magritek
  • Oxford Instruments
  • Nanalysis Corp.
  • Anasazi Instruments, Inc.
  • QoneTec
  • Advanced Magnetic Resonance Limited

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 9 October 2024

Clinical Nutrition For Alzheimer’s Disease Market Forecasted to Grow at Steady Pace During 2024-2030: Grand View Research Inc.

 Clinical Nutrition For Alzheimer's Disease Market Growth & Trends

The global clinical nutrition for alzheimer's disease market size is expected to reach USD 2.4 billion by 2030, growing at a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing prevalence of Alzheimer’s and growing support from the government in the form of awareness programs. Moreover, growing R&D for dietary management of Alzheimer's patients contributes to growth. Alzheimer's disease is a chronic condition that leads to significant cognitive decline, impairing daily functions. Although current treatments can temporarily alleviate dementia symptoms and potentially decelerate the progression into more severe stages, Alzheimer's remains the sixth-leading cause of mortality in the U.S.

The financial implications of Alzheimer's on the healthcare system are significant, with costs amounting to billions of dollars and forecasts indicating a surge to over USD 1 trillion by 2050 due to an aging population. By 2030, the global economic impact of Alzheimer's dementia is expected to reach USD 2 trillion. Recognizing the urgency, leading players are introducing tailored clinical nutrition solutions to enhance patient adherence. An example of such innovation is Danone Nutricia's Souvenaid, a medical food product under the LipiDiDiet project, designed to improve daily functioning in early-stage Alzheimer's patients through a high-dose omega-3 formulation.

Moreover, the COVID-19 pandemic has significantly impacted the market. Supply chain disruptions led to shortages and delays in product availability, while lockdowns and restrictions limited patient access to essential nutrition therapies and routine healthcare. The increased emphasis on immune health heightened the demand for clinical nutrition products, despite economic challenges that affected funding and investment in research. The adoption of telehealth services surged, enabling continued access to nutritional guidance for Alzheimer's patients. However, delays in clinical trials and research projects slowed the development of new products. Overall, the pandemic underscored the vital role of nutrition in managing chronic diseases, potentially boosting future focus and investment in this field.

Some key players in the market, such as Danone S.A. (Nutricia), Pristine Organics, Alfasigma USA, Inc., are adopting various strategies such as product launches, partnerships, expansions, collaborations, and mergers & acquisitions. Through these strategic initiatives, industry players are trying to strengthen their positions and expand their customer base. For instance, in May 2024, Danone acquired Functional Formularies, a provider of whole food tube feeding solutions in the U.S., from Swander Pace Capital. This acquisition is a strategic component of Danone's Renew Strategy, enhancing the company's medical nutrition offerings in the U.S. market by broadening its portfolio of enteral tube feeding products

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Clinical Nutrition For Alzheimer's Disease Market Report Highlights

  • The market is segmented into oral, enteral, and parenteral based on product. Oral clinical nutritiondominated the market with a share of 49.51% in 2023.
  • The increasing demand for oral nutrition is encouraging manufacturers to develop effective oral formulas capable of reducing Alzheimer's symptoms.
  • The parenteral clinical nutrition segment is anticipated to witness the fastest growth at a CAGR of 6.3% from 2024 to 2030.
  • The market is segmented into adults and pediatrics based on stage.
  • The adults segment dominated the market in terms of revenue share in 2023 and is estimated to grow at the fastest CAGR of 5.3% over the forecast period, owing to the increasing prevalence of Alzheimer’s among adults.
  • In addition, the growing awareness and education about the role of nutrition in managing Alzheimer's disease among this age group is expected to drive segment growth.
  • The market is segmented by sales channel into online, retail, and institutional. The institutional sales channel held the largest share of 46.36% in 2023, owing to the rising adoption of clinical nutrition by hospitals for the treatment of Alzheimer’s disease.
  • North America accounted for the largest share in 2023. This growth can be attributed to the increasing prevalence of Alzheimer’s disease in the region and the presence of prominent players in the market.
  • However, Asia Pacific is anticipated to experience the fastest CAGR during the forecast period.

Access Press Release@ https://www.grandviewresearch.com/press-release/sorghum-market-report

Clinical Nutrition For Alzheimer's Disease Market Segmentation

Grand View Research has segmented the global clinical nutrition for alzheimer's disease market based on product, stage, sales channel, and region:

Clinical Nutrition for Alzheimer’s Disease Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Oral
  • Enteral
  • Parenteral

Clinical Nutrition for Alzheimer’s Disease Stage Outlook (Revenue, USD Million, 2018 - 2030)

  • Adult
  • Pediatric

Clinical Nutrition for Alzheimer’s Disease Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online Sales Channels
  • Retail Sales Channel
  • Institutional Sales Channel

Clinical Nutrition for Alzheimer’s Disease Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Clinical Nutrition for Alzheimer's Disease Market

  • Danone S.A. (Nutricia)
  • Pristine Organics
  • Alfasigma USA, Inc.

List of Overall Key Players in the Clinical Nutrition Market

  • Abbott Nutrition
  • Pfizer Inc.
  • Bayer AG
  • Nestle
  • Baxter International Inc.
  • Otsuka Holdings Co. Ltd.
  • Mead Johnson & Company LLC
  • Danone (Nutricia)
  • Victus Inc.
  • Fresenius Kabi
  • Meiji Holdings Co. Ltd.
  • Abbvie (Allergan)

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.

Sorghum Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 Sorghum Market Growth & Trends

The global sorghum market size is expected to reach USD 31.77 billion by 2030, and expanding at a CAGR of 5.4% from 2024 to 2030 according to a new report by Grand View Research, Inc. Sorghum's gluten-free nature and rich nutritional values align with health-conscious consumer trends, fostering increased demand for sorghum-based products. Its versatility, finding applications in staple foods, livestock feed, ethanol production, and various industries, contributes to a broadening market. Business-to-business (B2B) dominance, climate resilience, continuous innovation in seed technology, government support, and its role in addressing food security needs further drive the expansion.

The increased demand for sorghum-based products is closely linked to the growing trend of health-conscious consumer behavior, particularly a surge in interest in gluten-free alternatives. Sorghum is a naturally gluten-free grain, making it a suitable choice for individuals who follow gluten-free diets due to celiac disease, or gluten sensitivity, or those who simply prefer to reduce gluten intake for health reasons. Sorghum offers several nutritional benefits that contribute to its popularity in the health-conscious market. It is a good source of essential nutrients such as fiber, protein, vitamins, and minerals. Additionally, sorghum has antioxidant properties, which are beneficial for overall health and well-being.

As consumers increasingly prioritize health and nutrition, there is an increased awareness of the potential drawbacks associated with gluten-containing grains for certain individuals. This has led to a surge in demand for alternative grains like sorghum, not only among those with specific dietary restrictions but also among a broader consumer base looking for diverse and nutritious food options. Food manufacturers and producers have responded to this trend by incorporating sorghum into a variety of products, ranging from gluten-free flour and baking mixes to cereals, snacks, and other processed foods. The versatility of sorghum in culinary applications has further fueled its adoption in the food industry, meeting the needs of consumers who seek both gluten-free options and nutritionally rich alternatives.

For instance, in March 2023, Mars, Inc.'s Seeds of Change brand launched a new Super Grains line, expanding its rice- and grain-based meal offerings. This includes the "Indian Style" flavor, featuring sorghum, quinoa, and finer millet. With the commitment to make ancient grains like sorghum more accessible and convenient, this initiative aligns with the broader trend of incorporating diverse and nutritious grains into mainstream diets.

Furthermore, advancements in seed technology have played a crucial role in enhancing the characteristics of sorghum varieties, leading to increased production. Ongoing research and development efforts in this field have focused on incorporating desirable traits into sorghum seeds, thereby addressing challenges and optimizing yields.

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Sorghum Market Report Highlights

  • In terms of revenue, grain sorghum dominated the market in 2023. Its versatility in culinary applications, including the production of porridges, flatbreads, and beverages, contributes to its prevalence in food consumption.
  • Based on end use, the B2B segment dominated the market in 2023. The dominance isattributed to several factors, including heightened demand from diverse industries such as food and beverage, animal feed, ethanol production, and other industrial applications. The B2B sector's emphasis on bulk transactions, specialized product requirements, and long-term partnerships has driven the widespread adoption of sorghum for various applications, contributing to its dominance in the market.
  • Middle East & Africa dominated the global market, driven by sorghum's status as a traditional staple, its adaptability to arid climates, and its crucial role in addressing food security challenges, supported by government initiatives and economic significance in the region.

Access Press Release@ https://www.grandviewresearch.com/press-release/sorghum-market-report

Sorghum Market Segmentation

Grand View Research has segmented the global sorghum market based on type, end-use, and region:

Sorghum Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Forage Sorghum
  • Grain Sorghum
  • Biomass Sorghum
  • Sweet Sorghum

Sorghum End-use Outlook (Revenue in USD Billion, 2018 - 2030)

  • B2B
    • Food & Beverages
    • Animal Feed
    • Ethanol Production
    • Others
  • B2C

Sorghum Regional Outlook (Revenue, USD Billion, 2018 - 2030) 

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

List of Key Players in the Sorghum Market

  • Cargill, Incorporated
  • ADM
  • Seedway, LLC.
  • Ernst Conservation Seeds
  • The Scoular Company
  • American Seed Co.
  • Ardent Mills
  • Advanta Seeds
  • Nu Life Market
  • Welter Seed & Honey Co

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.

Head And Neck Cancer Therapeutics Market To Hold a High Potential for Growth by 2030: Grand View Research Inc.

 Head And Neck Cancer Therapeutics Market Growth & Trends 

The global head and neck cancer therapeutics market size is expected to reach USD 4.43 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 11.8% from 2024 to 2030.  Increasing advancements in the diagnosis and treatment of head and neck cancer (HNC) are anticipated to propel market growth, as they are cost-effective and more specific to target over surgeries. The increasing prevalence of different types of HNCs and the growing geriatric population are major drivers of the market. 

According to the Cancer Research Institute, in 2021, approximately 54,000 people were diagnosed with different types of HNC and about 11,000 deaths were reported in the U.S. Heavy alcohol consumption, prolonged sun exposure, cancer-causing viral infection such as Epstein-Barr virus (EBV) and tobacco consumption are some of the major factors contribute to rising incidence of various head and neck cancers worldwide. 

Furthermore, according to the United Nations, it was estimated that, in 2020, there were around 727 million people aged 60 years and above worldwide. In addition, the geriatric population is expected to increase from 9.3% in 2020 to 16% in 2050. Aging weakens the immune system and makes people susceptible to different types HNCs, consequently, increasing the demand for therapeutic drugs for the treatment of disease. 

Moreover, an increase in R&D activities for the development of novel targeted drugs and a multidisciplinary therapeutic approach is expected to lead to an increased survival rate of patients suffering from head and neck cancers. For instance, Merck/Debiopharm’s Xevinapant is currently in phase III clinical trials for the treatment of squamous head and neck cancer. It has received breakthrough therapy designation from the U.S. FDA. 

Supportive reimbursement policies are also expected to drive market growth. Several organizations provide financial assistance to patients and their caregivers for purchasing medicines. For instance, in July 2022, British Colombia Cancer included Capecitabine, Carboplatin, Cetuximab, Cisplatin, Docetaxel, Doxorubicin, Fluorouracil, and Leucovorin Calcium in their benefit drug list. Drugs included in this list are applicable for reimbursement for approved indications.

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Head And Neck Cancer Therapeutics Market Report Highlights 

  • Immunotherapy led the market and accounted for 60.07% of the global revenue share in 2023 and is expected to grow at the fastest CAGR during the forecast period.
  • Injectable led the market in 2023 and is expected to grow at a CAGR of 12.0% over the forecast period. Injectable medications play an important role in systemic therapies, delivering targeted agents to combat malignancy cells.
  • Retail & specialty pharmacies led the market with a market share of 57.67% in 2023 and is expected to grow at the fastest CAR during the forecast period.
  • The head and neck cancer therapeutics market in Asia Pacific is anticipated to witness the fastest growth in the market owing to the increasing prevalence of head & neck cancer, growing awareness about malignancy treatment, rising disposable income, and increasing healthcare reforms.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-head-neck-cancer-drugs-therapeutics-market

Head And Neck Cancer Therapeutics Market Segmentation

Grand View Research has segmented the global Head And Neck Cancer Therapeutics market on the basis of therapy type, route of administration, distribution channel, and region

Head And Neck Cancer Therapeutics Therapy Type Outlook (Revenue, USD Million, 2018 - 2030­)

  • Chemotherapy
  • Immunotherapy
  • Targeted Therapy

Head And Neck Cancer Therapeutics Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

  • Injectable
  • Oral

Head And Neck Cancer Therapeutics Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Retail and Specialty Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

Head And Neck Cancer Therapeutics Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Kuwait
    • UAE

List of Key Players of Head And Neck Cancer Therapeutics Market

  • Eli Lilly and Company
  • Sanofi
  • Merck & Co., Inc.
  • Cumberland Pharmaceuticals Inc.
  • Bristol-Myers Squibb Company
  • AstraZeneca
  • Takeda Pharmaceutical Company Limited
  • Teva Pharmaceutical Industries Ltd.
  • Hoffmann-La Roche Ltd.

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.

Biopsy Guidance Systems Market Poised to Expand at a Robust Pace of $1.58 Billion Over 2030: Grand View Research Inc.

 Biopsy Guidance Systems Market Growth & Trends

The global biopsy guidance systems market size is expected to reach USD 1.58 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.1% from 2024 to 2030. The increasing prevalence of cancer, rise in the geriatric population, growing demand for non-invasive procedures, technological innovations, a rising number of government initiatives, and impact of COVID-19 are the key driving factors for the market.

A biopsy is one of the most prominent procedures for diagnosing cancer amongst other chronic diseases, and it is commonly employed in the diagnosis of breast, brain, skin, and prostate cancer. The increasing prevalence of cancer is a major factor responsible for market growth. For instance, according to Cancer.org, in 2021, around 1.9 million new cancer cases are expected to be diagnosed in the US. Since the biopsy guidance system is one of the major requirements for the initial diagnosis of cancer, thus, rising number of cancer cases is anticipated to propel market growth over the forecast period

Furthermore, there is a rising preference for minimally invasive biopsy treatments in the market. During the forecast period, several types of technologies and products including robot-assisted biopsy guidance systems, needle-based biopsy guns, and vacuum-assisted core biopsy systems, are expected to expand rapidly. For instance, in March 2021, IZI Medical Products, LLC launched Quick-Core Auto Biopsy System for soft tissue biopsy. It is a lightweight, completely automatic biopsy device and provides reliability, quality, and accuracy. Additionally, rising awareness of breast cancer treatment and diagnosis will further boost market growth over the forecast period.

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Biopsy Guidance Systems Market Report Highlights

  • The stereotactic guided biopsy dominated the market and accounted for a share of 39.9% in 2023
  • The brain biopsy section accounted for the largest market revenue share in 2023. Brain biopsy is considered the most reliable method to diagnose brain tumors that cannot be surgically removed.
  • The healing centers segment dominated the industry and held the largest revenue share in 2023. It can be attributed to increased adoption of biopsy direction frameworks in clinics.
  • North America biopsy guidance system market dominated the market and accounted for revenue share of 45.4% in 2023.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-biopsy-guidance-systems-market

Biopsy Guidance Systems Market Segmentation

Grand View Research has segmented the global Biopsy Guidance Systems market on the basis of product, application, end use, and region:

Biopsy Guidance System Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Stereotactic Guided Biopsy
  • Ultrasound Guided Biopsy
  • MRI Guided Biopsy

Biopsy Guidance System Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Brain Biopsy
  • Breast Biopsy
  • Other Applications

Biopsy Guidance System End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Research and Academic Institutes

Biopsy Guidance System Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Biopsy Guidance System Market

  • Becton, Dickinson, and Company
  • Hologic, Inc.
  • Devicor Medical Products, Inc.
  • Braun Melsungen AG
  • ARGON MEDICAL
  • Boston Scientific Corporation
  • INRAD Inc.
  • Cook Medical
  • PLANMED OY

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.

Thursday 3 October 2024

Gene Therapy Market to Register Steadfast CAGR of 18.88% in Terms of Value from 2024 to 2030: Grand View Research Inc.

 

Gene Therapy Market Growth & Trends

The global gene therapy market is expected to reach USD 18.20 billion by 2030, registering a CAGR of 18.88% from 2024 to 2030, according to a new report by Grand View Research, Inc. The development of the market is owing to an increase in the number of gene therapy-based discoveries, increasing investment in this sector, and rising approval of gene therapy products. According to the WHO, 10 to 20 new cell and gene therapies are expected to be approved each year by 2025.

Continuous developments in recombinant DNA technology are anticipated to enhance the efficiency of gene therapy in the coming years. Hence, ongoing progresses in recombinant DNA technology are anticipated to expand the number of ongoing clinical trials for gene therapy. Primarily, these advancements are taking place in the context of various gene-editing tools and expression systems to augment the R&D for products. The advent of CRISPR/Cas9 nuclease, ZFN, and TALEN allows easy & precise genome editing. As a result, in recent times, the gene-editing space has witnessed a substantial number of research activities, which, in turn, is expected to influence the growth of the gene therapy market.

The growth of the gene therapy market is expected to be majorly benefitted from the increasing prevalence of cancer. The ongoing increase in cancer patients and related death per year emphasizes the essential for the development of robust treatment solutions. In 2020, there were around 18.1 million new cases of cancer worldwide. 9.3 million of these cases involved men, while 8.8 million involved women. Continuing developments in tumor genetic studies have delivered substantial information about cancer-related molecular signatures, which in turn, is expected to support ongoing clinical trials for cancer therapeutics.

With rising demand for robust disease treatment therapies, companies have focused their efforts to accelerate R&D for effective genetic therapies that target the cause of disease at a genomic level. . Furthermore, the U.S. FDA provides constant support for innovations in this sector via a number of policies with regard to product manufacturing. In January 2020, the agency released six final guidelines on the manufacturing and clinical development of safe and efficient products.

Furthermore, facility expansion for cell and gene therapies is one of the major factors driving the gene therapy market growth. Several in-house facilities and CDMOs for gene therapy manufacturing have begun investing to enhance their production capacity, which, in turn, is anticipated to create lucrative opportunities for market players. For instance, in April 2022, the FDA approved commercial licensure approval to Novartis for its Durham, N.C. site. This approval permits the 170,000 square-foot facility to make, test, and issue commercial Zolgensma, as well as manufacture therapy products for current & upcoming clinical trials.

Request a free sample copy or view the report summary: Gene Therapy Market Report

Gene Therapy Market Report Highlights

  • The AAV segment shows a significant revenue contribution of 22% in 2023. Several biopharma companies are offering their viral vector platform for the development of AAV-based gene therapy product.
  • By indication, the spinal muscular atrophy (SMA) segment dominated the market in 2023 with a share of 46.8%. Although SMA is a rare disorder, it is one of the most common fatal inherited diseases of infancy.
  • The Beta-Thalassemia Major/SCD segment is anticipated to register the fastest CAGR of 38.3% over the forecast period. Gene therapy for SCD and β-thalassemia is based on transplantation of gene-modified hematopoietic stem cells.
  • North America dominated the market in 2023 with the largest revenue share of 65.2% in 2023. This region is expected to become the largest routine manufacturer of gene therapy in terms of the number of approvals and revenue generated during the forecast period.
  • Europe is estimated to be the fastest-growing regional segment from 2024 to 2030. This is attributed to its large population with unmet medical needs and increasing demand for novel technologies in the treatment of rare but increasingly prevalent diseases.

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

Gene Therapy Market Segmentation

Grand View Research has segmented the global gene therapy market report based on indication, vector type, route of administration, and region:

Gene Therapy Indication Outlook (Revenue, USD Million, 2018 - 2030)

  • Large B-Cell Lymphoma
  • Multiple Myeloma
  • Spinal Muscular Atrophy (SMA)
  • Acute Lymphoblastic Leukemia (ALL)
  • Melanoma (lesions)
  • Inherited Retinal Disease
  • Beta-Thalassemia Major/SCD
  • Others

Gene Therapy Vector Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Lentivirus
  • RetroVirus & gamma RetroVirus
  • AAV
  • Modified Herpes Simplex Virus
  • Adenovirus
  • Others

Gene Therapy Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

  • Intravenous
  • Others

Gene Therapy Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Switzerland
  • Asia Pacific
    • Japan
    • China
    • South Korea
    • Australia
  • Rest of the world 

List of Key Players in the Gene Therapy Market

  • Amgen Inc.
  • Novartis AG
  • Hoffmann-La Roche
  • Gilead Sciences, Inc.
  • bluebird bio, Inc.
  • Bristol-Myers Squibb Company
  • Legend Biotech.
  • uniQure N.V.
  • Merck & Co.
  • Sarepta Therapeutics, Inc.
  • Krystal Biotech, Inc.
  • CRISPR Therapeutics

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 Blister Packaging Market Pegged For Strong Growth During 2024-2030: Grand View Research Inc.

 Blister Packaging Market Growth & Trends

The global blister packaging market size is expected to reach USD 46.72 billion by 2030, expanding at 7.4% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. This market growth is attributed to the increasing demand from healthcare end-use industries for tamper-evident packaging designs provided by blister packaging solutions and their high visibility properties.

This packaging solution is often used for tamper-evident packaging as it provides a sealed and visible container for products, allowing consumers to see if the product has been opened or tampered with. This type of packaging also makes it difficult to replace the product with counterfeit or other harmful substances without breaking the seal, providing an additional layer of protection for consumers.

Moreover, the demand for blister packaging is being driven by advancements in packaging design, including child-resistant packaging configurations, the emphasis on the use of recyclable materials, and the introduction of smart blister packaging solutions to provide information about the product and monitor its usage.

The industry players are adopting several strategies including partnerships, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in January 2023, TekniPlex announced an expansion in its product portfolio by launching a highly visible and mid-barrier polypropylene (PE) blister packaging solution to cater to the healthcare end-use industry.

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

Blister Packaging Market Report Highlights

  • A shift in consumer preference from traditional bottles for healthcare products to tamper-evident designed unit-dose blister packaging solutions and their cost-effective properties is driving the blister packaging industry
  • The blister packaging made up of lightweight plastic films and paper is designed for smaller and lighter products. It cannot pack large and heavy products due to its limited strength and durability, which restrains market growth to a limited extent
  • The plastic films segment is expected to grow at a fast CAGR during the forecast period of 2024 - 2030. This is attributed to plastic films such as polyethylene terephthalate (PET) and polyvinyl chloride (PVC) offering unique characteristics to the blister packaging solution such as high visibility, lighter weight, and low-cost properties
  • The healthcare end-use segment recorded the highest market share in the base year 2023 due to the wide application of blister packaging in the packaging of generic drugs to protect them from external factors such as moisture and oxygen
  • North America accounted for one of the largest market shares owing to the presence of several healthcare end-user industries such as Merck & Co., Inc.; Abbott; others, and an advanced healthcare system
  • Several key companies are developing new products to strengthen their market positions in the blister packaging industry. For instance, in April 2023, SÜDPACK introducedmono-polypropylene blister packaging which is recyclable for the life science, medical goods, and pharmaceutical industries
  • In January 2023, Amcor plc won the 2023 worldstar global packaging awards in four categories. Amcor received an award for its new HealthCare AmSky Blister System, an aluminum-free and PVC-free blister packaging of daily for dietary supplements and medications

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

Blister Packaging Market Segmentation

Grand View Research has segmented the global blister packaging market based on material, technology, type, end-use, and region:

Blister Packaging Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Paper & Paperboard
    • Solid Bleached Sulfate (SBS)
    • White-lined chipboard
    • Others
  • Plastic Films
    • Polyvinyl Chloride (PVC)
    • Polyethylene Terephthalate (PET)
    • Polyethylene (PE)
    • Others
  • Aluminum

Blister Packaging Technology Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Thermoforming
  • Cold Forming

Blister Packaging Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Carded
  • Clamshell

Blister Packaging End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Healthcare
  • Consumer Goods
  • Industrial Goods
  • Food

Blister Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

List of Key Players in the Blister Packaging Market

  • Amcor plc
  • Dow
  • WestRock Company
  • Constantia Flexibles
  • Honeywell International Inc.
  • Sonoco Products Company
  • Klockner Pentaplast
  • TekniPlex
  • UFlex Limited
  • DuPont
  • Display Pack
  • WINPAK LTD.
  • SteriPackGroup
  • ACG
  • SÜDPACK
  • Blisterpack Inc.
  • Abhinav Enterprises
  • YuanPeng Plastic Technologys Co., Ltd
  • Chadpak Co., Inc.
  • Formpaks International Co. Ltd
  • Uhlmann Group
  • Wisser Verpackungen GmbH

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.

AI-based Surgical Robots Market is Expected to Amplify USD 25.2 Billion Value by 2030: Grand View Research Inc.

AI-based Surgical Robots Market Growth & Trends The global  AI-based surgical robots market  size is expected to reach USD 25.2 billion ...