Global Orthopedic Prosthetics Market - Opportunities & Forecast, 2018-2025
Global Anti-Epileptic Drugs Market - Opportunities & Forecast, 2018-2025
Global Neurostimulation Market - Opportunities & Forecast, 2018-2025
Global Telemedicine Market by Component Type - Opportunities & Forecast, 2018-2025
Global Patient Positioning Device Market - Opportunities & Forecast, 2018-2025
Global Behavioral Health Market - Opportunities & Forecast, 2018-2025
Global Veterinary Molecular Diagnostic Market - Opportunities & Forecast, 2018-2025
Global Sports Medicine Devices Market - Opportunities & Forecast, 2018-2025
Global Soft Tissue Repair Market - Opportunities & Forecast, 2018-2025
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Chemicals & Foods
GMI Research Chemicals & Foods insights and intelligence helps chemicals companies, financial & investment firms, consulting & advisory firms as well as the suppliers by providing them with accurate fact-based research so that they can make better business and investment decisions.
Our Chemicals practice provides global & regional market research, industry analysis, business research, market forecasts and insights into emerging and established markets which assist our clients in addressing current trends and challenges.
We provide a comprehensive coverage of world’s established markets such as North America and Western Europe and also provide in-depth coverage of high growth markets of Middle-East, Brazil, Russia, India, China, Africa and APAC.
Chemicals & Foods Industry Reports
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Growing fitness and health conscious population and rising number of tea consuming population are few of the factors which are driving the global tea market. For example, tea consumption occupies more than 75 .0% share in the Indian non-alcoholic beverage market which amounts to more than USD 28.0 billion market revenue. The people in the age group of 18-30 years and above 58 years are the main consumers of the tea across the globe. Further, with the growing number of tea lovers across the world and their shift from drinking traditional tea to try other types of tea have started driving the tea café’s market in the world. However, the availability of substitute drinks such as coffee and side effects after consuming excess tea such as insomnia, anxiety, and stomach ulcers are some of the factors which are hindering the market growth.
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The Global Non-Alcoholic Malt Beverages Market has been segmented based on product type, flavor type, the point of sales, and key geographies. Based on the type, the market is segmented into Type Dairy-based and Carbonated Drinks. Based on the flavor type, the market is segmented into natural, fruit Based, coffee or chocolate and others. Based on Point of Sales, the market is categorized into Hypermarket, Online Stores, Specialized Stores, and Others
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One of the key factors supporting the growth of the bubble tea is the health benefits that it offer, apart, from the availability of it in the different flavors. The growing fitness and health conscious population and rising number of tea consuming population are few of the factors which are driving the global bubble tea market. Further, low cost and the gradual shift of the tea lovers from traditional teas to the flavored teas are further boosting the growth of the bubble tea market. However, the availability of substitute drinks such as coffee and side effects after consuming excess tea and added artificial colors in the bubble tea are some of the factors which are hindering the market growth.
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An alcoholic beverage market is a multi-billion market and is expected to witness rapid growth in the coming years. An alcoholic beverage is prepared by the fermentation of grains and fruits and contains ethanol. For example, wine is prepared from grapes, whereas, beers are made with barley. Alcoholic drinks are popular in the Americas and Europe and are witnessing significant growth in the developing countries of Asia- Pacific and Latin America.
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The global pet food industry is driven by the dog pet food industry. The growing aged population and increasing number of nuclear families are inspiring the people to adopt pets, specifically, cats and dogs. For instance, in Europe, about 70 million population have at least one pet. The rising trend of urbanization and humanization is encouraging the pet owners to spend more on pet food, and high-end accessories.
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Growing demand for electric vehicles are supporting the growth of the battery packs. The battery pack segment has further been bifurcated into Lithium-ion battery, Nickel Metal Hydride Battery and Others. Lithium-ion battery is projected to grow at the highest CAGR during 2018 -2025 due to its characteristics such as safety, life-span, performance, specific energy and specific power
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The global carbon fibers market has witnessed a substantial growth in recent years. The increased usage of carbon fiber in the aerospace industry for making structural parts and growing demand by the automotive industry for the development of lightweight as well as fuel efficient vehicles are the key factors which are fuelling the growth of the market. In addition, the rising use of carbon fiber in wind energy industry is also an important factor propelling the growth of the carbon fiber market.
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The global ultra-thin glass market has witnessed a substantial growth in recent years. The rise in the usage of lightweight materials across industries as well as growing demand from electrical and electronic industries are the key factors fuelling the growth of the global ultra-thin glass market. In addition, the increasing use of ultra-thin glass in solar and healthcare products will further bolster the growth of the market during the forecast period.
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The global soft drink market has witnessed a substantial growth in recent years. The rising health awareness among consumers and changing lifestyles of people are the key factors fuelling the growth of the global soft drink market. Consumers are more preferring drinks made from natural ingredients and demanding zero or low calories and sugar drinks. The companies operating in the soft drink market are focussing more towards the development of new products to gain market share.
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Asia-Pacific is expected to grow at the highest CAGR in the global natural sweeteners market during the forecast period. The high GDP growth rate coupled with rise in the disposable income of people are the main factors which are propelling the growth of the market in the region. Stevia is a popular low-calorie natural sweetener which is extracted from Stevia rebaudiana plant and is effective against high blood pressure and reducing blood sugar of diabetic patients.
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The global food safety testing market has witnessed a substantial growth in recent years. The growing food borne illness coupled with the stringent regulation related to food safety imposed by majority of the countries worldwide are the key factors fuelling the growth of the market. Pathogens is estimated to account for the largest market share in 2016 owing to the rise in incidences of foodborne illness because of pathogens outbreaks.
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The global food service equipment market has witnessed a substantial growth in recent years. The growth in hospitality industry coupled with rise in the quick service restaurants worldwide are the key factors which have fuelled the growth of the food service equipment market. The technological advancements in the food service equipment’s especially which are being used in the refrigeration industry is a major trend which will propel the said market during the forecast period.
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The global silicone gel market has witnessed a substantial growth in recent years. The superior properties of the silicone gel such as their ability to absorb heat and shock as well as increased demand by the various end-use industries worldwide especially the emerging economies are the key factors fuelling the growth of the said market. Electrical & Electronic Industry is the largest end-user segment for silicone gel in 2016 and is expected to dominate the market during the forecast period.
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Global flexible plastic packaging market was estimated to be USD 107.4 billion in 2016 and is projected to reach USD 137.9 billion by the end of 2021, exhibiting a CAGR of 5.1% during 2016–2021 on account of factors such as cost effectiveness and performance advantages of lightweight bags and pouches, increased shelf life of the product and growing industrial demand for downgauging as well as high demand from the end-use industries, especially food & beverages. The above stated reasons are likely to positively impact the market in the coming years.
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The thermochromic pigments market is projected to reach USD 1353.2 million by the end of 2021, at a substantial CAGR of 8.4% during the forecast period. Rise in the demand from print packaging industry, increasing usage of thermochromic pigments in smart textiles and plastics as well as rising prominence of thermochromic pigments in the infrastructure segment worldwide are the key factors bolstering the growth of thermochromic pigments market.
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The global microencapsulation market has witnessed a substantial growth in recent years. The rising consumer demand for functional products, usage of microencapsulation for a variety of applications such as pharmaceutical & healthcare products, food & beverages, household & personal care, agrochemicals as well as growing R&D activities in the area of microencapsulation worldwide has fuelled the growth of the microencapsulation market.
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The global anti-counterfeiting packaging market has witnessed a substantial growth in recent years. The favourable government policies and regulations, manufacturers increased focus towards brand protection and efficient control over the big supply chain structure are the key factors propelling the growth of the anti-counterfeiting packaging market.
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High performance plastics industry is witnessing a robust growth worldwide. The high performance plastics market in the transportation industry was estimated to be USD 5,182 million in 2016 and is projected to reach USD 6,979 million by 2021 exhibiting a CAGR of 6.13% during 2016-2021. Growth in the market is expected on the basis of key factors such as favourable government environment, increasing usage of high performance plastics by automotive & aviation industries and rising demand for plastics with higher temperature stability, chemical resistance and better mechanical properties worldwide.
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United States is North America’s major economy with the highest spending on organic agriculture. Apart from this, the Asia-Pacific region is projected to grow at the highest rate during the forecast period owing to the significant investments from key players in the region. Also, the research and development activities for producing technologically advanced products will play a major role in shaping the biopesticides market.
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The bioplastics and biopolymers market is primarily driven by the packaging sector across the globe. The estimated market size was USD 3,587 million in 2016 and is projected to reach USD 7,622 million by the end of 2021, at a substantial CAGR of 16.27% between 2016 and 2021. The major drivers of market growth include supportive government policies and regulations due to lesser toxicity and lower amounts of carbon, growing concern for human health, and the high consumer preference towards bio-based packaging.
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The global high performance pigments(HPPs) industry has grown significantly in recent years. The market is fuelled by the increasing demand for High Performance Pigments by the coatings, plastics as well as cosmetics industries especially in the U.S., Middle-East, China and India. The market for HPPs has been segmented on the basis of type i.e. organic and inorganic. Organic HPPs dominate the market because of their environment friendly features and finds extensive usage in plastics, coatings as well as cosmetics industries.
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The global aluminium nickel catalyst market has witnessed a high growth in recent years. The aluminium nickel catalyst consists of fine particles of an aluminium-nickel alloy. The key factor fuelling the market growth is the increased demand from the refinery, chemicals as well as the polymer industry. The key trends affecting the growth of the aluminium, nickel catalyst market include the rising prominence of green chemistry as well as the growing new advanced catalytic technologies.
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Specialty chemicals are defined in chemical industry as chemicals which are designed for a specific industry or application with unique functions to enhance performance. As the growth of manufacturing industry is picking up slowly so the demand for specialty chemicals globally. The specialty chemical market is emerging as one of the key markets globally due to its applications in various manufacturing industries. The global specialty chemical market is expected to grow at a CAGR of 3.5% from 2014-2020 however, some of the segments are expected to grow faster than the overall market in the forecast period.
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Personal care chemicals are base ingredients found in personal care products such as oral care, hair care and skin care. On the basis of end use application, the personal care chemicals can be further categorized into conditioning polymers, antimicrobials, emulsifiers, rheology control agents, emollients, surfactants, hair fixative polymers and UV absorbers. The global market for personal care chemicals is expected to grow at CAGR of 4.8% from 2014 to 2020. The market is primarily driven by factors such as concern towards wellbeing, growing population, growth of middle-class population in developing countries and rise in ageing populations.
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Organic foods are foods which are grown without the use of synthetic pesticides, bioengineered genes (GMO), petroleum-based fertilizers and sewage sludge-based fertilizers. In order to market organic foods, companies need to get certificate in some countries from the regulatory bodies such as in European Union, USA, Canada, Japan and others countries and must produce foods on standards set by the regulatory bodies in respective countries. Increasing concern towards the impact of inorganic foods on human health is driving the demand for organic foods and thus organic farming.
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Fragrance and Flavors are a combination of natural and synthetic ingredients added in the packaged foods and consumer goods to create taste and smell. These chemicals are added in from toothpaste, foods, and pharmaceuticals to household products. Several factors are contributing for the increase in demand for flavor and fragrance market such as the growth and industrialization of the globally economy leading to large scale production of these chemicals which makes these flavored and scented products affordable and rising per capita income in developing countries is generating demand for processed foods and beverages like oral hygiene products detergents and personal care products.
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The global market for nutraceutical products is expected to grow at a CAGR of 6.5% from 2014 to 2020. Dietary supplements are primarily driving the overall market. The demand for peptides, proteins, and foods fortified with Omega fatty 3 acids is expected to grow faster. North America dominates the global market for nutraceutical products however, the market has reached a growth stage. China and India are emerging as a high potentials markets for nutraceutical products due to increase in the disposable income levels.
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