Chemical Planet

Growing demand for convenient, packaged, processed, and ready-to-eat food products is favoring the packaging industry, especially in emerging regions like Asia Pacific. This factor is anticipated to bode well for market growth in the forthcoming years. The Global Food Packaging Equipment’s Market size is estimated to surpass USD 60.40 Billion by 2025. It is anticipated to expand at a CAGR 4.87% over the forecast period. Increasing awareness among consumers regarding packaging, hygiene, and nutritional value of food coupled with rise in demand for dairy, bakery, confectionery, meat, poultry, seafood, and allied products is anticipated to trigger the market growth. In addition, rising investments for developing efficient manufacturing units for packaging equipment is predicted to encourage growth of the food packaging equipment market over the forecast timeframe. Government regulations regarding manufacturing materials and processes along with secure work environment a...

Increasing demand and consumption of energy and sports drinks is one of the key factors driving market growth. The India Aluminum Beverage Can Market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%, according to a new report by Grand View Research, Inc. Aluminum beverage cans are containers used to hold alcoholic beverages, soft drinks, and energy drinks among others. Aluminum sheet coil is the key raw material used in the manufacturing of aluminum beverage cans and it is one of the finest value-added downstream products in the entire aluminum value chain. Therefore, prices of aluminum sheet coil depend on Aluminum London Metal Exchange (LME) prices as well as premiums (above LME) charged, which includes conversion cost and profit margins at each stage of the value chain. The alcoholic beverages application segment emerged as the largest in 2017, with a market share of 58.8% in terms of volume. The segment is expected to register a healthy volume-...

The increasing demand for food owing to rising global population is a significant factor driving the market. Moreover, the high yield and cost-effectiveness offered by Genetically Modified (GM) seeds are predicted to propel the product demand. The Global Commercial Seed Market size is anticipated to reach USD 92.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 8.1% over the forecast period. Reducing area of arable land owing to urbanization, desertification, and overall deterioration of soil quality. As a result, there is a significant need to increase the yield of the crops that are cultivated in the available land. Moreover, there are regions that face significant challenges in agricultural production owing to increasingly limited access to water resources. These factors are expected to boost adoption of highly efficient GM seeds. The product guarantees a production, perfectly adapted to new industri...

Growing consciousness towards consumption of protein intake for maintaining the muscle mass and sustaining optimum nutritional levels among middle-aged consumers in China is expected to increase sports nutrition demand and will have a favorable impact on the industry. The China Dietary Supplement Testing Services Market is expected to reach USD 6.38 million by 2025, according to a new report by Grand View Research, Inc. Rising health awareness among all age groups is expected to play a crucial role in increasing the number of gymnasiums and fitness centers. Furthermore, leading corporates including Ali-Baba, Sinopec, CNPC, and Volkswagen have increased their expenditure for the development of gymnasiums and fitness centers in their commercial offices. As a result, health & wellness segment is expected to witness an increase in application, and, therefore, promote the use of dietary supplements over the forecast period. The stability testing is expected to be the ...

The fast-paced working lifestyle of consumers in North America and Asia Pacific has been instrumental in driving the demand for ready-to-eat products. Consequently, the use of food preservatives is expected to grow owing to benefits provided by them, such as prevention of food spoilage and increase in shelf life. The Global Food Preservatives Market size is expected to reach USD 3.2 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 3.7% over the forecast period. Food preservation is a traditional method used to store and keep food safe for longer periods. Over the time, the method has evolved from the usage of culinary salt, sugar, to chemical types. Globalization has led to increased demand for the synthetic types. The usage of preservatives in various applications sectors including processed meat, bakery, and dairy is expected to foresee substantial growth in terms of revenue over the forecast period. Food preservativ...

Growing usage of aquafeed in crustacean and carp farming is likely to fuel demand over the course of the forecast period. The Global Aquafeed Market size is anticipated to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Static natural production of fishes is expected to boost an already thriving market for aquaculture. Moreover, rising focus on nutraceuticals, such as omega 3-enriched products, is slated to generate immense opportunities for aquafeed applications. Prominent aquaculture additives include amino acids and antibiotics. They cannot be synthesized by fish but are vital for regular body mechanism. Amino acids held the dominant share in terms of product, amounting to an estimated revenue of USD 236.0 million in 2013. Feed acidifiers are poised to exhibit the highest growth rate during the forecast period, recording a CAGR of 6.1% from 2014 to 2020. Carps were the largest consumers of aquafeed, at 9.70 million tons of gl...

Positive outlook on animal feed demand to cater to growing meat consumption, especially in emerging markets of Latin America and Asia Pacific is expected to be a key market driver. Limited availability of major feedstock is expected to hamper the market growth over the forecast period. The Global Lysine Market is expected to reach USD 6.96 billion by 2020, according to a new study by Grand View Research, Inc. Animal feed emerged as the largest application segment for lysine and accounted for 92.4% of total market volume in 2013. Along with being the largest market, animal feed is also expected to be the fastest growing application segment for lysine at an estimated CAGR of 6.2% from 2014 to 2020. Swine emerged as the leading livestock for lysine and accounted for about 58% of total market volume in 2013. Swine is also expected to be the fastest growing livestock for lysine, at an estimated CAGR of 6.5% from 2014 to 2020. China was the largest consumer for lysine ...