Global Monosodium Glutamate Market Size, Share, Report, Trends, Growth, Key Players, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Monosodium Glutamate Market Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global monosodium glutamate market, assessing the market based on its segments like types, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 4%

A key factor driving the global monosodium glutamate market is the increasing opportunities in the food processing sector. The expansion of the global food industry and the growing demand for convenience foods are driving the monosodium glutamate market. MSG is widely used as a flavor enhancer in the food industry in soups, broths, gravies, sauces, among others. These factors are expected to thrust the market growth through the forecast period. Besides, the rising use of monosodium glutamate in pharmaceuticals is anticipated to fuel the demand.

Industry Definition and Major Segments

MSG (Monosodium Glutamate) is a glutamic acid sodium salt. It is generally available in the form of a white powder. Monosodium glutamate has a distinct flavor that is not found in the four traditional tastes: sweet, sour, salty, and bitter. The fifth taste is referred to as Umami. MSG occurs naturally in foods such as meats and cheese. It is manufactured via protein hydrolysis through enzymatic fermentation. MSG is a common additive that is used for human and animal foods. MSG is used as a flavor enhancer, preservative, and acidity regulator in a variety of foods.

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Based on end-use, the market is segmented into:

  • Food Processing Industries
  • Food Service Sectors
  • Others

By application, the industry is segmented into:

  • Noodles, Soup and Broth
  • Meat Products
  • Seasonings and Dressings
  • Others

The regional markets for Monosodium Glutamate include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Demand for packaged instant foods and convenience foods has increased the demand for monosodium glutamate in the market. The food service sector in the end-use section holds a significant share in the MSG market. Aside from food applications, MSG is also used as a flavor enhancer in drinks like soy sauce and also as a surfactant in facial creams to improve the cleaning effect in the cosmetic industry. The chemical is used in animal feed to enhance flavor and increase animal growth in the livestock industry. The growing demand for pesticides from the agricultural sector is also likely to boost the demand for monosodium glutamate in some regions in the coming years. Due to increasing applications, Asia-Pacific holds a prominent share with China and India being the major producer and consumers in the region followed by Southeast Asian countries. Attributing to the expanding food industries North America is the second-largest MSG consuming region.

Key Market Players

The major players in the market are Ajinomoto Co., Inc., Fufeng Group, MeiHua Holdings Group Co, Shandong Qilu Biotechnology Group, Vedant Int’l and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
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Global GPON Market Size, Share, Outlook, Trends, Growth, Analysis, Forecast 2023-2028

The new report by Expert Market Research titled,’ GPON Market Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global GPON market, assessing the market based on its segments like types, process types, distribution channels, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 6%
  • Historical Market Size (2026): USD 8.8 billion

The primary purpose of GPON is to transform optical signals into electrical signals, which are then transmitted to commercial and residential users. The rapid emergence of next-generation networks such as LTE-A and 5G has prompted significant telecom operators to use backhaul infrastructure that is adaptable enough to meet the market’s ever-changing coverage, latency, and bandwidth demands. With the adoption of highly scalable telecommunication backhaul infrastructure to meet customers’ needs and increase business revenue, GPON technology is experiencing rapid growth. The Asia Pacific region is expected to expand rapidly over the forecast period, owing to increased public and private investment in broadband infrastructure development.

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Industry Definition and Major Segments

The ITU-T standard for passive optical networks (PON) is a Gigabit-capable passive optical network (GPON). It is widely used to deploy the final kilometer of fiber-to-the-premises (FTTP) networks.

The market can be divided into the following segments based on equipment type:

  • Optical Line Terminal (OLT)
  • Optical Network Terminal (ONT)
  • Others

The market can be divided on the basis of service into:

  • Fixed Internet and Voice
  • Internet Protocol TV (IPTV)
  • Mobile Voice and Internet

The market is divided based on technology into:

  • 5G PON
  • XGS-PON
  • XG-PON
  • NG-PON2

Based on the application, the industry is segmented into:

  • FTTH
  • Mobile Backhaul
  • Others

The end uses are segmented into:

  • Residential
  • Commercial Industries
  • Telecommunications
  • Energy and Utilities
  • Healthcare
  • Transportation
  • Others

The leading regional markets for GPON are:

  • North America
  • Latin Americas
  • Middle East and Africa
  • Europe
  • Asia Pacific

Market Trends

With advances in optical fiber networks, the GPON market is experiencing considerable disruption. Since a single fiber cable can support up to 32 customers, passive optical fiber networks are less expensive than regular ethernet. Rapid technological advances and a growing move toward automation have both contributed significantly to the industry’s growth and it is expected to improve the demand for GPON technologies.

Key Market Players

The major players in the market are Hitachi, Ltd., Cisco Systems, Inc., ZTE Corporation, Huawei Technologies Co., Ltd., Ubiquoss, Inc., Calix, Inc., Nokia Corporation, and Tejas Networks, Ltd. among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Folding Boxboard Market Size, Share, Outlook, Trends, Growth, Analysis, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Folding Boxboard Market Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global folding boxboard market, assessing the market based on its segments like applications, manufacturing process and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/folding-boxboard-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2020): USD 16.4 billion
  • Forecast CAGR (2023-2028): 8%
  • Forecast Market Size (2026): USD 22.6 billion

The growing use of folding boxboard in various application sectors, the growing population, and the growing awareness of the benefits of eco-friendly packaging are all significant factors enabling the folding boxboard industry to expand. Global growth in the personal care industry, combined with increasing innovation in the industry and its downstream sectors, further propels the folding boxboard industry forward. The increasing demand for folding boxboard in the packaging of health and pharmaceutical products, cigarette packaging, and food packaging is expected to drive market growth in the coming years.

Industry Definition and Major Segments

Folding boxboard is a rigid packaging material. It is typically composed of mechanical pulp sandwiched between a top and back sheet composed of chemical pulp. The top layer of the folding boxboard is bleached and usually pigmented.

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By material, the market is divided into:

  • Pulp Based
  • Bleached Chemical
  • Recovered Paper
  • Others

By application, the market is divided into:

  • Greeting Cards
  • Transportation
  • Packaging
  • Others

By region, the industry is categorised into:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

The global boxboard market’s competitive landscape is quite fragmented. This fragmentation is a result of the growing presence of several well-known players on the global stage. Competition in the global market is expected to intensify over the forecast period. Numerous factors are anticipated to contribute to the global folding boxboard market’s growth. One of the primary factors driving the market’s growth has been the increasing number of applications for these folding boxboards. They are used in various applications, including confectionery packaging, graphic packaging, and packaging for frozen, chilled, and other foods. Additionally, folding boxboards are used to package health and beauty products, cigarette packaging, and pharmaceutical packaging. Increased demand for these applications from their respective end-users directly affects the global market’s overall development. Additionally, the purchasing power and disposable income of the masses have increased significantly in recent years. This, too, is expected to provide a significant boost to the global market’s overall development.

North America is a significant market for folding boxboard. Folding boxboard market growth in North America is attributed to rising demand for bio-based packaging solutions and increased consumer awareness and demand for personal care products. The Asia Pacific region’s market is expected to grow rapidly as a result of rapid urbanization and rising consumer incomes in emerging economies such as India and China. Additionally, efficient manufacturing facilities, increased capacity, and the availability of cheap labor are expected to bolster the Asia Pacific market’s growth in the coming years. Another significant factor driving the Asia Pacific market’s expansion has been consumers’ increased purchasing power, which has resulted in increased downstream demand for the product. Additionally, as consumer awareness about the environment has increased in recent years, consumers in the region are becoming more receptive to purchasing eco-friendly packaging solutions, which is expected to contribute to the market’s growth in the Asia Pacific region.

Key Market Players

The major players in the market are International Paper Company., Metsä Board Corporation, JK Paper Ltd., Holmen Iggesund, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
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Global Industrial Gas Turbine Market SSize, Share, Outlook, Trends, Growth, Analysis, Forecast 2023-2028

The ‘Global Industrial Gas Turbine Market Growth, Share, Demand, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global industrial gas turbine market, assessing the market on the basis of its segments like capacities, cycles, sectors, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Industrial Gas Turbine Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2021): USD 20.83 billion

• Forecast CAGR (2023-2028): 3.5%

Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Market Size in 2021USD 20.83 billion
Base Year2022
Growth Rate CAGR3.5%
Major PlayersAnsaldo Energia S.p.A, Kawasaki Heavy Industries, Ltd., Solar Turbines Incorporated
Siemens AG, Vericor Power Systems, OPRA Technologies B.V
and General Electric Company, among others

Gas turbines are integral to power plants which fuel the production of electricity to meet the demand from various industries including automotive, and aerospace and defence, among others. There are increasing efforts by power companies to improve the supply chain of electricity and to facilitate efficient customisation of gas turbines to reduce the prices of energy. This is aimed at bridging the supply-demand gap and is bolstering the industrial gas turbine market growth.

Additionally, the increasing demand for clean and affordable energy options is leading to an escalation in the popularity of gas turbines across the power plants. Gas turbines are crucial for the oil and gas sector to provide power to oil platforms. An oil platform requires a large amount of electricity, which further escalates the dependence on oil turbines. Moreover, the increasing deployment of gas turbines in oil refineries to supply power for cracking processes is further propelling the demand for this machine.

At a regional level, the Asia Pacific accounts for a significant share in the industrial gas turbine market. Increasing energy requirements across the emerging economies such as India and China, further supported by the large population base is bolstering the deployment of gas turbines in power plants.

Industrial Gas Turbine Industry Definition and Major Segments

An Industrial gas turbine is defined as a combustion engine used in the industrial sector which expands natural gas to produce energy. Inside a gas turbine, there is a combustion chamber in which combustion of natural gas takes place, which leads to the generation of electricity. This electricity is then converted into work by the gas turbine.

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Based on capacity, the market can be segmented into:

• 1 to 40 MW
• 41 to 120 MW
• 121 to 300 MW
• Above 300 MW

The market can be bifurcated based on cycle into:

• Simple Cycle
• Combined Cycle

On the basis of sector, the industrial gas turbine market has been segmented into:

• Power
• Oil and Gas
• Others

On the basis of region, the market can be categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Industrial Gas Turbine Market Trends

The key trends in the industrial gas turbine market include the growing research and development activities by the major market players to expand their offerings. This includes improving efficiency, propelling power output, and reducing carbon footprint. In addition to this, the stringent government regulations aimed towards curbing pollution are further leading to progressive product innovations.

Technological advancements across various end use industries are further leading to a greater demand for electricity to cope with the operational requirements of modern electronic appliances and equipment. For instance, the increasing development of smart grids across power plants is leading to a heightened deployment of gas turbines, thereby, invigorating the global industrial gas turbine market.

Over the forecast period, the robust and innovative measures being taken by industrial appliance manufacturers aimed towards reducing the dependency on natural gas are likely to be the crucial trends in the market. In June 2022, GE, a leading industrial innovator, announced the development of a new turbine innovation named as 7HA.03, which will be powered by hydrogen.

However, the fluctuation in natural gas prices amidst inflation across the developed economies as well as geopolitical tensions are likely to hinder the growth of oil and gas industry. This will pose as a challenge in the market.

Key Market Players

The major players in the Industrial gas turbine market report are:

• Ansaldo Energia S.p.A
• Kawasaki Heavy Industries, Ltd.
• Solar Turbines Incorporated
• Siemens AG
• Vericor Power Systems
• OPRA Technologies B.V.
• General Electric Company
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Chewing Gum Market Size, Share, Outlook, Trends, Growth, Analysis, Forecast 2023-2028

The ‘Global Chewing Gum Market Growth, Report and Forecast 2023-2028’, by Expert Market Research, gives an extensive outlook of the global chewing gum market, assessing the market on the basis of its segments like product type, distribution channel, and major regions.

Chewing Gum Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents- https://www.expertmarketresearch.com/reports/chewing-gum-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 4.1%

Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Base Year2022
Growth Rate CAGR4.1%
Major PlayersLotte Co. Ltd., Mars Incorporated, Mondelez International, Morinaga Asia Pacific Co. Ltd.,
Perfetti Van Melle, and Others.

Gum with flavours helps to freshen the mouth and fight bad breath. Additionally, it has been proposed that chewing sugar-free gum immediately following meals can lower the incidence of tooth decay. Today, a variety of whitening chewing gums are offered. These products are chewed after meals to wash away food particles that could create stains. The teeth are then coated with whitening agents to help stop further discoloration. Increased salivation may reduce acid reflux symptoms by balancing the acids in the oesophagus. When stomach acid runs back into the tube that joins the mouth and the stomach, it is known as gastroesophageal reflux disease (GERD).

Laryngopharyngeal reflux occurs when stomach acid passes to the throat and through the oesophagus. Gum may also provide short-term relief for dry mouth. Other advantages of chewing gum include calorie burning (11 calories an hour may be burned), improved memory (chewing gum increases blood flow to the brain, which may help improve memory), increased alertness (chewing gum may help increase alertness), and less nausea (increased saliva production may help alleviate feeling of nausea, particularly motion sickness and morning sickness during pregnancy). Chewing gum helps to reduce stress. It has been hypothesised that those who frequently chew gum over an extended period of time experience less stress.

Chewing Gum Industry Definition and Major Segments

Chewing Gum is supposed to have uses in delivery of drugs. The water solubility affects how quickly the drug is released when chewed. Water-soluble compounds are quickly released from chewing gum; however, there are techniques that can be used to delay this release and provide an extended release profile. People who want to stop smoking are becoming more and more dependent on using nicotine gum. The category of drugs known as smoking cessation aids includes nicotine gum. It functions by supplying the body with nicotine to lessen the withdrawal symptoms associated with quitting smoking as well as serving as an alternate oral activity to decrease the urge to smoke.

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Based on product type, the market is divided into:

• Sugared Chewing Gum
• Sugar-free Chewing Gum

Based on distribution channel, the market is segmented into:

• Convenience Stores
• Supermarkets and Hypermarkets
• Others

Based on region, the market can be divided into:

• The Middle East and Africa
• North America
• Europe
• The Asia Pacific
• Latin America

Chewing Gum Market Trends

Gum chewing is widely practiced over the world, not just for fresh breath but also for enjoyment. While many varieties of chewing gum contain sugar, certain varieties are sugar-free. Typically, sugar-free gum uses other sweeteners and has less than 0.5 grams of sugar per serving. Sweeteners including Acesulfame-K, Aspartame, Neotame, Saccharin, Sucralose, Erythritol, Isomalt, Maltitol, Mannitol, Sorbitol, and Xylitol may be listed on the labels of gum. Gums with specific flavourings, like citric acid, may help to prevent the accumulation of plaque in the mouth. These advantageous effects, however, might be countered if the gum also contains sugar. As saliva functions as a buffer for the teeth, chewing causes the mouth to produce more saliva, protecting it from erosion and decay. Additionally, increased saliva may remove bacteria and acid that accumulate on teeth.

A gum base or core makes up chewing gum; the core may or may not be covered. Sweeteners and flavourings are combined with an insoluble gum base (humectants, resins, elastomers, fillers, emulsifiers, waxes, softeners, and antioxidants) to create gum base. When making chewing gum, the gum base is heated in a mixer until it melts, and then other ingredients are gradually added and kneaded until the desired consistency is reached. Peppermint and spearmint are two popular flavours that are added to chewing gum. There are different flavours like watermelon and licorice available.

Chewing gum has a gum core that may or may not be coated. Gum base is produced by combining sweeteners and flavours with an insoluble gum base (humectants, resins, elastomers, fillers, emulsifiers, waxes, softeners, and antioxidants). In order to make chewing gum, the gum base is heated in a mixer until it melts, after which additional components are progressively added and kneaded to the required consistency. Chewing gum frequently has the flavours of peppermint and spearmint. There are other flavours available, including licorice and watermelon.

Key Market Players

The major players in the chewing gum market report are:

• Lotte Co., Ltd.
• Mars Incorporated
• Mondelez International
• Morinaga Asia Pacific Co., Ltd.
• Perfetti Van Melle
• Others

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Natural Food Flavours Market Size, Share, Outlook, Trends, Growth, Analysis, Forecast 2023-2028

The ‘Global Natural Food Flavours Market Growth, Price, Share, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global natural food flavours market, assessing the market on the basis of its segments like applications and major regions.

Natural Food Flavours Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/natural-food-flavours-market/requestsample

The key highlights of the report include:

Market Overview 2018-2028

• Forecast CAGR (2023-2028): 6.3%

Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Base Year2022
Growth Rate CAGR6.3 %
Major PlayersFirmenich SA, Synergy, Archer Daniels Midland Company, MANE Group,
Kerry Group PLC, and among Others

Natural food flavours are considered great seasonings as they provide a great aroma to foods. These flavourings decrease the cooking time, bolster shelf stability, and mask unpleasant odour. In this regard, the advantages offered by the natural food flavours are leading to their heightened incorporation in diversified delicacies and cuisines.

Over the forecast period, the increasing demand for natural food flavours in seafood, meat products, soups, and vegan snacks are likely to enhance the global natural food flavours market growth. The increasing sales of packaged bakery and confectionery food products owing to the growing popularity of rich flavoured biscuits, cakes, and muffins are further propelling the demand for natural food flavours.

The increasing incorporation of natural food flavours in alcoholic beverages such as wine and beer are likely to be a major driving factor of the market. Meanwhile, the increasing popularity of non-alcoholic soft drinks with innovative flavours such as strawberry, lemon, and vanilla, among others, is anticipated to offer lucrative opportunities to the natural food flavours market in the forecast period.

In terms of region, North America accounts for a significant share in the market owing to the high demand for meat products such as sausages and hamburgers in which natural food flavours are key ingredients. Moreover, the thriving food and beverage industry across strong economies such as the United States of America and Canada are likely to spearhead the demand for clean-labelled flavoured food and beverage products in the forecast period.

Meanwhile, the Asia Pacific region is estimated to register a high growth in the forecast period, owing to the large population base across countries such as India and China. Furthermore, the growing popularity of Indian and Japanese cuisines such as chicken curries and Shushi, among others, is further bolstering the natural food flavours market demand.

Natural Food Flavours Industry Definition and Major Segments

Natural food flavours refer to the type of flavouring which is derived from the natural sources. For instance, natural lemon flavouring is a type of food flavouring which is 95% natural lemon. Unlike artificial food flavourings, these flavours do not require chemical processing in laboratories. Due to their natural properties, natural food flavourings cost more than the artificial ones.

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Based on application, the market can be segmented into:

• Bakery and Confectionery
• Dairy and Desserts
• Savoury and Snacks
• Meat and Meat Products
• Beverages
• Others

On the basis of region, the market can be categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Natural Food Flavours Market Trends

The thriving e-commerce and online food delivery service platforms are propelling the demand for natural food flavours in premium packaged and fresh-made food products.

The growing research and development activities in the soft drinks industry is another key trend in the market which is increasing the demand for natural fragmenting food flavours. Meanwhile, the increasing demand for protein-based bodybuilding beverages are likely to increase the demand for innovative and natural flavouring ingredients.

Moreover, the increasing number of companies entering into the natural food flavours market are anticipated to drive the market growth. In order to gain a competitive edge, these companies are anticipated to invest significantly in the research and development activities, and in the incorporation of modern food processing techniques which are likely to spearhead the manufacturing of superior quality natural food flavours.

The increasing demand for natural food flavours from the household sector, owing to the easy access to innovative recipes and rising standards of living are driving the natural food flavours market growth globally. Further rapid urbanisation, robust development of supermarkets and hypermarkets, and increasing awareness pertaining to the benefits offered by natural food flavours are some of the key factors bolstering the market growth.

Key Market Players

Some major players in the market:

• Firmenich SA
• Synergy
• Archer Daniels Midland Company
• MANE Group
• Kerry Group PLC
• Others

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Plastic Compounding Market Size, Share, Report, Trends, Forecast 2023-2028

The ‘Global Plastic Compounding Market Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global plastic compounding market, assessing the market on the basis of its segments like product types, applications, and major regions.

Plastic Compounding Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents- https://www.expertmarketresearch.com/reports/plastic-compounding-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2021): USD 60.18 billion
  • Forecast CAGR (2023-2028): 7.7%
  • Forecast Market Size (2027): USD 93.69 billion
Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Base Year2022
Market Size in 2021USD 60.18 billion
Revenue Forecast in 2027USD 93.69 billion
Growth Rate CAGR7.7%
Major PlayersBASF SE, Arkema Group, AKRO-PLASTIC GmbH, DuPont, LyondellBasell Industries Holdings B.V., and Aurora Plastics LLC, among others

The demand for plastic is increasing owing to its usage in different industrial applications because of ability to be easily moulded into desired shapes. The global plastic compounding market is expected to register growth during the forecast period on account of the surging substitution of wood, metals, natural rubber, concrete, and glass, with plastic. This is further expected to propel the market growth of plastic compounding over the coming years.

The increasing usage of polypropylene is likely to fuel the plastic compounding market across the globe as it is widely employed in automotive applications due to its high serviceability and resistance. Within the growing automotive industry, there are increasing plastic compounding applications. Manufacturers have been endeavouring to achieve weight reductions by replacing metal parts with plastic and changing vehicle designs, further supporting the market growth of plastic compounding.

Plastic Compounding Industry Definition and Major Segments

Plastic compounding is the process of combining supplementary materials into molten plastic bases to create materials with desired qualities. Modifiers and additives are used to create plastics with specific textures, colours, and strengths, among other characteristics. Manufacturers can use one or more additives in the base material during the process of plastic compounding.

Read Full Report with Table of Contents- https://www.expertmarketresearch.com/reports/plastic-compounding-market

Based on product type, the market is segmented into:

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polystyrene (PS)
  • Thermoplastic Vulcanizates (TPV)
  • Poly Vinyl Chloride (PVC)
  • Polypropylene (PP)
  • Thermoplastic Polyolefins (TPO)
  • Polybutylene Terephthalate (PBT)
  • Polycarbonate
  • Polyamide
  • Others

By application, the market is classified into:

  • Automotive
  • Consumer Goods
  • Building and Construction
  • Medical Devices
  • Electrical and Electronics
  • Packaging
  • Optical Media
  • Industrial Machinery
  • Others

Based on region, the market is divided into:

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East and Africa

Plastic Compounding Market Trends

Geographically, the Asia Pacific region is anticipated to gain momentum over the coming years in the plastic compounding market growth on account of the rise of plastic manufacturers and evolving economic environment. The growing manufacturing industry is expected to increase the demand for custom plastics from the industrial machinery, automotive, packaging, construction, and electronics and electrical industries across the Asia Pacific.

The Asia Pacific is a leading consumer and producer of consumer goods, packaging materials, and automobiles, further supporting the regional market growth during the forecast period. The high consumption and production of electronics and electrical products like wires and equipment are further expected to fuel the regional demand for plastic compounding.

Meanwhile, the North American and European regions are anticipated to drive plastic compounding market growth. This is due to the strict rules and regulations across the United States and Europe focused on vehicular weight reductions, supporting the increase in plastic consumption in automobiles. The growing infrastructure development in the United States is expected to escalate product demand over the forecast period.

The growing reconstruction activities in the United States and infrastructure development in Canada are likely to drive the market growth of plastic compounding in the North American region over the forecast period. The strong presence of established manufacturers and various companies in Europe is further expected to propel the market growth of plastic compounding within Europe.

Key Market Players

The major players in the plastic compounding market report are:

  • BASF SE
  • Arkema Group
  • AKRO-PLASTIC GmbH
  • DuPont
  • LyondellBasell Industries Holdings B.V.
  • Aurora Plastics LLC
  • Others

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Bulletproof Vest Market Size, Share, Outlook, Trends, Analysis, Forecast 2023-2028

The ‘Global Bulletproof Vest Market Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global bulletproof vest market, assessing the market based on its segments like material, application, protection level, product, end-use, and major regions.

Bulletproof Vest Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents- https://www.expertmarketresearch.com/reports/bulletproof-vest-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2021): USD 1.96 Billion

• Forecast CAGR (2023-2028): 6.25%

• Forecast Market Size (2027): USD 2.82 Billion

Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Base Year2022
Market Size in 2021USD 1.96 Billion
Revenue Forecast in 2027USD 2.82 Billion
Growth Rate CAGR6.25%
Major PlayersCentral Lake Armor Express, Inc., BulletSafe Bulletproof Vests, DuPont de Nemours, Inc., EnGarde B.V., Honeywell International Inc., MARS Armor, MKU LIMITED, Point Blank
Enterprises, Inc., Safariland, LLC, and VestGuard UK Ltd

The rising security concern has boosted the demand for bulletproof vests across the globe. Security forces spend a huge amount of money on bulletproof vests to strengthen their defence system. Some of the customers of bulletproof vests include the British Armed Forces, the US Department of Defense, the United States Agency for International Development (USAID), the Indian Army, and the Ghana Armed Force. Market players like Indian Armour offer high-performance bulletproof vests as per the specific requirements of the customer. The increasing rate of crimes and extremism in several parts of the world is leading to an expansion of the market size of the global bulletproof vest market. The increasing case of violence in countries is propelling their security agencies to procure a greater number of such bulletproof vests.

The Asia Pacific region holds a major share of the total demand for bulletproof vests. Countries like India and China are the major demand generators in this region. In countries like India, the demand for light-weight bulletproof vests is on the rise, providing an area of opportunity for the market players to flourish and expand their revenue.

Bulletproof Vest Industry Definition and Major Segments

A bulletproof vest is a protective garment that protects against shots done through weapons like pistols, revolvers and rifles. The vests hold the capability of resisting the impact of a bullet. The ballistic protection equipment evolved from metallic to natural fibre fabric to synthetic fibres like Aramid and Ultra-High Molecular Weight Polyethylene (UHMWPE). A bulletproof vest is also known as a ballistic vest and a bullet-resistant vest. The manufacturing of bulletproof vests is a licensed activity and should have required marks and certifications on them.

Read Full Report with Table of Contents- https://www.expertmarketresearch.com/reports/bulletproof-vest-market

The bulletproof vest can be made using materials like:

• Kevlar
• Ultra-High Molecular Weight Polyethylene (UHMWPE)
• Graphene

The applications of bulletproof vests include:

• Overt
• Covert

Depending on the protection level, the market has been divided as:

• Level I
• Level II
• Level III
• Level IV

By product type, the market has been segregated as:

• Flexible Ballistic
• Hard Armour Plate

The bulletproof vests are used by:

• Military
• Law Enforcement
• Civil

The global bulletproof vest market has also been segmented into different regions to provide an in-depth analysis of the market. These regions are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

Bulletproof Vest Market Trends

The market players and other research organisations are deeply involved in the research and development activities for the launch of better bulletproof vests. In 2021, The Defence Research and Development Organisation (DRDO) introduced a lightweight bulletproof jacket that weighs around 9 kg to meet the requirements of personnel of the Indian army. In 2021, Ace Link Armor, a player from Irvine, CA announced the launch of the Skeletac hybrid bulletproof vest that can be worn in both configurations, overt and covert.

The product is made using Cordura Nylon and high-performance synthetic rubber. Moreover, players are also focusing on the development of these jackets for women. The market players use the latest technology and have strong capabilities to fulfil the demand of the customers. Indian Armour Systems Pvt. Ltd which has an experience of 20 years in ballistic manufacturing has a weaving capacity of 80,000 sqm/ month and has around 150 sewing systems and a variety of testing machines. Such new product launches and investments are likely to favour the growth of the global bulletproof vest market.

Furthermore, the growing expenditure of defence organisations on the procurement of bulletproof vests to strengthen the military capability and safeguard their citizens is contributing to a favourable outlook for players in the bulletproof vest market.

Key Market Players

The major players in the bulletproof vest market report are:

• Central Lake Armor Express, Inc.
• BulletSafe Bulletproof Vests
• DuPont de Nemours, Inc.
• EnGarde B.V.
• Honeywell International Inc.
• MARS Armor
• MKU LIMITED
• Point Blank Enterprises, Inc.
• Safariland, LLC
• VestGuard UK Ltd
• Others

The report studies the latest updates in the market, along with their impact across the market. It also analyzes the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customizes syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work diligently to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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