Skimmed Milk Powder Market – Trends and Opportunities for the Industry by 2024

Skimmed milk powder is the resultant of partial fat and water removal from pasteurized milk. The protein content of the milk is adjusted by adding or removing milk constituents in a way that it does not affect the whey protein of the milk. Skimmed milk powder also known as nonfat dry milk is a source of high nutritional value such as high animal protein and carbohydrate content. Skimmed milk powder market witnesses an increasing demand owing to its wide application in the food industry especially in bakery and confectionery food items.  Skimmed milk powder market experiences a significant demand among the working women for feeding their infants who are either intolerant to breastfeeding or mothers who face a time crunch due to their work life. Skimmed milk powder market is also driven by the need for convenient economy transportation. Skimmed milk powder market is expected to witness an increasing demand over the forecast period owing to its nutritional value, convenient usage anywhere and anytime.

Skimmed Milk Powder: Market Dynamics

Skimmed milk powder market is primarily driven by the growing food industry, bakery and confectionery foods in particular. Manufacturers use skimmed milk powder in baking recipes to enhance the tenderness of the food such as doughnuts, cakes and bread. Adding skimmed milk powder to bakery and confectionery products render the firmness thereby making them tender. Another r factor that fuels up the skimmed milk powder market is its increasing demand for feeding infants. Owing to its nutritional value such as vitamins and minerals that are required for an infant’s growth, mothers depend on skimmed milk powder for their babies who are intolerant to breastfeeding. Skimmed milk powder market is in high demand among working women who face difficulty in feeding their babies due to their busy work life. Feeding skimmed milk powder to babies helps prevent disease transfer from mother’s body thereby reducing the chances of the baby being unhealthy. Skimmed milk powder market is set to witness an escalating demand among the global consumers owing to its wide application in the food industry and also as it serves a way out for the problem of increasing number of working women to feed their babies.

However, skimmed milk powder market faces few restraints that can hinder the growth of the market. Restraints such as lack of anti-bodies that are primarily necessary for building up an infant’s immunity system can be a major hindrance to the global skimmed milk powder market. Skimmed milk powder is artificially manufactured which makes it difficult for the baby to digest. Indigestion or untimely digestion can be harmful to the babies which can again restrain the growth of skimmed milk powder market.

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Skimmed Milk Powder: Segmentation

Skimmed milk powder market can be segmented on the basis of types which includes:

• Flavored Non Fat Powder
• Whole Milk Powder
• Butter Milk Powder
• Othersw

Skimmed milk powder market can be segmented on the basis of nutritional value which includes:

• Minerals
  • Calcium
  • Sodium
  • Potassium
  • Iron
  • Phosphorus
  • Magnesium
• Others
  • Amino Acids
  • Isoleucine
  • Leucine
  • Lysine
  • Methionine
  • Phenylalanine
  • Others
• Lactose
• Fat
• Others

Skimmed milk powder market can be segmented on the basis of food application which includes:

• Confectionery
• Bakery
• Nutritional Food
• Infant Formulas
• Dry Mixes
• Fermented Milk Products
• Frozen Desserts
• Meat products
• Others

Skimmed Milk Powder: Regional Segmentation

Geographical coverage for the global skimmed milk powder includes North America, Latin America, Europe, Asia- Pacific and China (APAC) and Middle East and Africa (MEA).  North America followed by Europe are the dominant markets for global skimmed milk powder owing to the changing consumer lifestyles and growing food industry. APAC poses potential opportunities for skimmed milk powder market to grow owing to its changing consumer food patterns.

Skimmed Milk Powder: Key Players

Few players in the global skimmed milk powder market include Nestle, Dairy America, Alpen Dairies, Unilever, Nova Dairy products, Amul and others.

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Europe to Hold Dominant Shares in Global Biodegradable Plastic Bags & Sacks Market

The significant problem of non-recyclable waste caused by the disposal of traditional plastics world over attributed to their detrimental effects on the ecology is a primary factor that has largely triggered the demand for biodegradable plastics. The decomposition of these plastics possible through natural processes during composting, with the help of microorganisms, is a notable aspect leading to a wide acceptance of biodegradable bags and sacks worldwide. A number of environmental benefits associated with biodegradable plastic bags and sacks, mainly because they are made from all-natural plant materials, is boosting the demand for these plastics among various users, including retail and consumer, institutional, and industrial ones. As communities become aware of the adverse effects of pollution from traditional plastics, these plastic bags and sacks will witness a rapid adoption in various parts of the world.

The global biodegradable plastic bags and sacks market is projected to rise from a worth of US$1,470.5 Mn in 2017 to reach a valuation of US$2,052.2 Mn by end of 2022. The market is forecast to rise at a CAGR of 6.9% from 2017 to 2022.

A critical assessment of key factors influencing the growth of the global biodegradable plastic bags and sacks market is offered here:

The burgeoning problem of inadequate degradability of vast traditional plastics lying in landfills in various parts of the world and their consequent effect on environment, especially in high-income countries, are key factors driving the demand for various biodegradable plastic products, such as biodegradable bags and sacks. The rising focus of governments in numerous developed and developed nations on minimizing the effect of plastic pollution on marine life is a notable factor boosting the demand for these bags and sacks. The stringent implementation of various regional norms that prohibits the use of traditional plastics for consumer and institutional uses in these countries is a key trend bolstering the uptake. The rising demand for greener plastic products, coupled with the demand for manufacturing process with low carbon footprint, in various regions is a key factor accentuating the demand for biodegradable plastic bags & sacks.

Recent advancements in manufacturing technologies has led to the production of high-quality and cost-effective biodegradable plastics, which bodes well for the global market. In addition, advances in material sciences has enabled manufacturers to engineer biodegradable bags and sacks for a variety of applications, including rigorous ones and meet global specifications for biodegradability and compostability.

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Despite vast recyclable efforts by governments and private players in various countries, the inadequate disposal of biodegradable plastics in landfills along with other trash is a striking aspect that has hampered the demand for these bags and plastics in some regions. The strict competition from the availability of compostable trash bags is another prominent factor likely to hinder the growth of the market to an extent. Nevertheless, for several end users, the potential benefits of adoption of biodegradable bags and sacks seem to outweigh the drawbacks, which augurs well for the overall market.

Geographically, Europe holds the major revenue share of the global biodegradable plastic bags and sacks market and is anticipated to retain its dominance throughout the forecast period. The Europe market is projected to be worth US$660.8 Mn by the end of 2022. The dominance of this regional market is primarily attributed to the vastly rising demand for environmental-friendly plastic bags and sacks for various end-users. Of all the material type, biodegradable plastic bags and sacks made from polyhydroxyalkanoates (PHA) leads and is estimated to be worth US$788.7 Mn by the end of the assessment period.

Competitive Dynamics

Several prominent players are focused on offering high-quality and versatile products with the help of advanced biodegradable additives in order to gain a competitive edge over others. In addition, a number of players opt for strategic mergers and acquisitions, in a move to consolidate their shares in various regions. Key players operating in the global biodegradable plastic bags and sacks market include Novolex, Shabra Group, Xtex Polythene Ltd., International Plastics Inc., Ampac Holdings LLC, Bulldog Bag Ltd., Abbey Polyethene, Sahachit Watana Plastic Industry Co.,Ltd., Sarah Bio Plast, and Symphony Polymers Pvt Ltd.

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IV Bags Market – Evolving Industry Trends and key Insights by 2027

The global IV bags market is a choc-o-bloc with companies with large companies operating in global markets and the small ones in regional markets. This renders a fragmented albeit competitive vendor landscape. Keen players in the market are expending money on product innovation and improvement of existing products to gain competitive advantage. These companies are also resorting to strategic partnerships and alliances that will make this market consolidated to some extent.

Key participants in the global IV bags market include B.Braun Melsungen AG, Baxter international Inc., Hospira Inc., West Pharmaceutical Services Inc., Wipak Group, Technoflex S.A., Fresenius SE & Co. KGaA, Sippex, Polycine GmbH, Kraton Corporation, The Metrix Company, Medicopack A/S, Macopharma SA, Haemotronic S.p.A, Renolit Solmed, Otsuka Pharmaceutical India Private Limited, Alfa Laboratories, and Qosina Corporation.

 

A report by Transparency Market Research (TMR) estimates the global IV bags market to secure a valuation of US$1,363.8 mn in 2017, and further reach US$2,316.5 mn by 2027 end at a CAGR of 5.4% therein. The global IV bags market was evaluated at US$1,298.5 mn in 2016. Vis-à-vis volume, the consumption is estimated to be pegged at US$6,202.3 mn units by the end of 2027.

Among the key material type segments, PP material is anticipated to hold dominance as it is chemically inert and is non-reactive with a packaged solution. On the basis of capacity, 0-250 ml segment is anticipated to hold on to its dominant share over the forecast period. In terms of geography, North America is estimated to account for the leading market share in the overall market over the forecast period of 2017-2027.

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Need for Parenteral Nutrition for Patients with Swallowing Difficulties Benefits Market

The primary factor driving the global IV bags market is the rising adoption of injection-based therapies and increasing prevalence of chronic diseases. IV bags are extensively used for patients to deliver liquid substances and other nutritious compounds who are unable to ingest anything orally. IV bags are a crucial element of parenteral nutrition where they are highly preferred to administer compounds such as amino acids.

Apart from this, the rising ageing population globally is also contributing to the growth of the global IV bags market. The old age which is usually associated with health conditions impairs the ability to administer drugs and vital nutrients orally. This necessitates efficient drug administration methods such as IV bags to administer the same. IV drugs are preferred over oral drugs as the former generate results in less time and have higher accuracy. IV bags are also used for this population to provide vital nutrients due to loss of ability to consume orally.

Rise in awareness about the benefits of transportation of fluids intravenously for patients is expected to fuel the growth of IV bags market.

Risk of Release of Toxic Crimps Growth

The growth of the IV bags market is marred by the risk of leaching of chemicals from PVC material bags. This induces the risk of delivering toxic chemicals to patients along with content that is stored in IV bags.

However, design innovations and introduction of IV bags made of environment friendly material that does not release toxic is a key trend prevailing in the global IV bags market. Product manufacturers are developing multi-compartment IV bags that minimizes the steps required to administer drugs and also minimizes risks of sepsis, entry of pathogens, and contamination.

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Customized e-Commerce Packaging Market – Evolving Industry Trends and key Insights by 2024

Packaging has become an essential marketing tool nowadays. Visually appealing and highly functional packaging can attract the attention of consumer, and play an important role in buying decisions. The current development in the e-commerce market is cross-border online shopping. Overall, availability of desired products, attractive offers, and specialized products have investigated the cross-border e-commerce market, hence increasing the demand for customized e-commerce packaging. Several emerging economies such as India, Brazil and china are opening their markets to neighboring countries expecting to the increase in foreign goods consumption, which will in turn stimulate the growth forecast for customized e-commerce packaging.

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Increased environmental awareness among customers and growing attention for effective packaging designs have propelled vendors in the market to develop innovative and sustainable packaging products. Taken as a whole, corrugated boxes are considered to be an eco-friendly and sustainable form of packaging compared with other forms of packaging, including plastics. Huge investments are made to develop innovative solutions in corrugated box packaging. Overall, it is expected to come up with resistant quality packaging materials in the coming years keeping prime focus on the environmental protection mechanism.

Based on type of material, customized e-commerce packaging market can be segmented as follows:

• Polybags
• Corrugated boxes
• Others

Polybags are in huge demand in the customized packaging industry as they offer sustainability and convenience. Polybags is the fastest growing segment in the customized e-commerce packaging market and is expected to grow at a robust pace through 2020. Polybags are lightweight, easy to use, and have excellent barrier protection properties.

Based on application, customized e-commerce packaging market can be segmented as follows:

• Personal care
• Food & beverages
• Healthcare
• Chemical
• Electronics
• Transport
• Others

Speedy growth in the electronic sector is expected to upsurge the market growth owing to the safety and protection during the transportation. Furthermore, advancement in technology in the household appliance market is expected to fuel the growth of the market. Moreover, booming e-commerce market is predicted to contribute considerably towards the demand for customized packaging for consumers need. In addition, fragile products for carrying cosmetics and chemicals also require customization which is anticipated to shoot the customized packaging market growth over the next decade. Increasing disposable income, changing lifestyle and rising population is expected to boost the demand for consumer products, hence expected to strengthen the customized packaging industry demand.

By region, the customized e-commerce packaging market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Overall, Asia Pacific (APAC) is expected to be the fastest growing segment during the forecast period. In countries like China, India and Japan, growth comes from an increase in the demand for corrugated boxes. Significant growth in the manufacturing and electronics industry in China will have a great impact on the customized packaging market positively. North America is expected to substantially contribute towards market growth on the grounds of rising demand for electronics products which feel necessity for attractive customization. Furthermore, growing demand for packaged foods and consumer goods is expected to increase the growth. Europe is further anticipated to boost the market growth over the upcoming years with regards to the rising demand for personal care and consumer products. Furthermore, rising health issues is anticipated to contribute towards the rising demand for customized packaging in the healthcare sector. Increase in number of diseases in Latin America and MEA are expected to trigger the pharmaceutical industry, hence to propel customized packaging market demand in the region.

Some of the top players operating in the customized e-commerce packaging market are Salazar Packaging, Inc, Green Packaging Group, Design Packaging, Inc., The Yebo Group, William Ernest & Co, Inc., Creative Presentations, Inc., Packlane, Inc, Packaging Services Industries, Packaging Design Corporation, BEE Packaging,  and others.

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Medical Marijuana Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Medical marijuana can be defined as the use of cannabis for treatment of certain ailments. It can be utilized for medicinal uses; however, the complete safety and efficacy profiling is till unavailable. Medical marijuana is available in various forms such as flower or concentrates, which is extracted in the form of oils, extracts or edibles. Packaging medical marijuana is a growing business and many companies offer holistic solutions to medical marijuana manufacturers. The key packaging modes available in the market include,

• Jars
• Bags
• Bottles
• Vials
• Wrappers
• Concentrate containers
• Tubes
• Custom packaging
• Bubblers

Medical marijuana packaging market is highly reliant on government regulations, as extraction, sale, and distribution not only varies from country to country, but also across states. Due to ever-evolving regulations on marijuana, the market is prone to fluctuations. The packaging manufacturing companies needs to make sure that the packaging is child-proof, opaque, unattractive, re-sealable, properly labelled, tamper-proof and in accordance with the state laws. The market can be segmented on the basis of product type into,

• Flower packaging
• Concentrate packaging
• Edible packaging

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The global cannabis packaging industry has undergone significant growth and various companies have recently launched recyclable packaging such as metal cans, compostable cellophane bags, and compostable pouches. Product marketing through packaging is a focus area for packaging companies, but meeting local and federal laws is critical for success. The medical marijuana packaging market follows different strategies; for example, companies which are based in USA have an advantage to give custom based products in short time, whereas companies based in Asia Pacific can deliver products at cut-rate prices.

Medical Marijuana Packaging Market: Region-wise Analysis

Region-wise, the medical marijuana market can be segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and Middle East-Africa (MEA). North America is a leading market for medical marijuana, whereas Europe and Asia-Pacific are expected to witness robust growth. The Asia Pacific medical marijuana packaging market is anticipated to witness steady growth during the forecast period, owing to growing use of marijuana in treating various mental illnesses.

Sensing the opportunity that this rapidly growing market offers, several packaging companies have made a foray into the medical marijuana packaging landscape. Some of the key companies operating in the marijuana packaging market are Cannaline, Inkable Label, Second Nature Agency, The Green Cross collective, Elevate Packaging, Blazin Bottles, Honest Marijuana Co., Elevate Packaging, Great Pacific Packaging, Inc., Brandsy Cannabis Creative, Dixie Elixirs & Edibles, McKernan Packaging Clearing House, Shatter Labels, Shenzhen (HK) Alfinity Technology Co., Ltd., Kush Bottles, CannaPack, High Supply, Marijuana Packaging, and Collective Supply. Currently, a significant percentage of small-scale industries are actively involved in medical marijuana packaging market, considering the overall state of the market and the expected growth.

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Oblong Bottles Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

Global Oblong Bottles – Market Introduction:

The bottle is an important packaging solution for packaging of powdered and liquid products. Bottles are used for packaging of products such as food & beverages, pharmaceuticals, cosmetics, personal care and others. Oblong bottles are one of the prominent varieties of bottles used for packaging of various products. Oblong bottles are shaped bottles which have straight sides and are flat at the bottom. The packaging of oblong bottles is efficient due to its compact shape. The packaging of the oblong bottles provides efficient packaging. Oblong bottles are used in packaging of the alcoholic beverages. Oblong bottles are mostly made of plastic material as compared to the glass due to efficient handling of plastic bottles. The oblong bottles market is expected to grow with increase in the demand for the cosmetics, beverages oil & lubricants industries and others. Oblong bottles are manufactured in various capacity sizes such as in the range of 100 ml- 1000ml and above. Narrow mouth oblong bottles are used for filling of the liquid products such as liquor and other alcoholic liquids.

Global Oblong Bottles Market – Drivers and restraints:

The global market for Oblong Bottles is expected to grow significantly during the forecast period. Globally the oblong bottles market is growing on the backdrop of the cosmetics and pharmaceutical and beverages industries. Most of the cosmetic products such as powders and creams, lotions are packed in the oblong bottles due to the attractive shape of oblong bottles. Plastic Oblong bottles with wide mouth are easy for high-speed filling and can be used roughly. Cosmetic products such as powders and creams etc. are packed in the oblong bottles. Pharmaceutical products such as tablets, powders, capsules are also packed in the wide mouth oblong bottles. There are some factors which may resist the growth of the oblong bottles market. First, is the fluctuations in the raw material prices can affect the production of the oblong bottles. Another factor is the availability of the alternative packaging solutions such as cans, bag in box, small volume containers etc.

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Global Oblong Bottles – Market Segmentation:

Globally the Oblong Bottles Market can be segmented on the basis of the product type, on the basis of the material type, on the basis of capacity type and on the basis of applications.

• On the basis of the product type, the oblong bottles are of two types – wide mouth oblong bottles and narrow mouth oblong bottles.
• On the basis of the material type, the oblong bottles are manufactured using materials like polyethylene terephthalate (PET), high-density polyethylene (HDPE), polypropylene (PP), glass, metals and, others.
• On the basis of the capacity type, the oblong bottles can be segmented as 0 ml – 100 ml, 100 ml – 250 ml, 250 ml -450 ml, 450 ml – 700 ml, 700 ml – 1000 ml and above 1000ml.
• On the basis of the applications, the oblong bottles are used, in the food & beverages, cosmetics, pharmaceuticals, personal care, oils & lubricants and others.

Global Oblong Bottles Market – Regional Outlook:

Globally, the oblong bottles market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). Europe and North America are
estimated to dominate the global oblong bottles market due to the higher consumption of the alcoholic beverages. The consumption of cosmetic products is rising with increasing disposable incomes of the consumers in the developed countries. The oblong bottles market is anticipated to rise over the forecast period.

Global Oblong Bottles Market – Key Players:

Some of the key players of the global oblong bottles market are United States Plastic Corp., Alameda Packaging, House of Cans, Inc., Andler Packaging Group, VWR International Company, Thomas Scientific, Inc., Mediplast Corp., Aaron Packaging Inc., The Cary Company, and others.

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Power over Ethernet (PoE) Chipsets Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

The Power over Ethernet (PoE) technology enables the transfer of electrical signals and data over cables, thereby avoiding the usage of separate power cords. Demand for fast and cost-effective communication is rising due to the increase in the number of internet users. Under the PoE technology, power is supplied through two or more differential pair of wires seen in Ethernet cables. Implementation of the PoE chipsets for the transfer of data signals saves the cost for setting up separate network of cables.

On the basis of product type, PoE chipsets have been classified into proximity sensors, VoIP phones, Ethernet switches, wireless radio access points, and pan-tilt-zoom cameras. The VoIP applications contribute significantly toward the growth of the global PoE chipsets market. PoE chipsets are deployed in majority of business-class IP phones. The PoE technology provides value proposition for wireless LAN access points, as it can be deployed without tethering to an AC outlet. Network security cameras are anticipated to hold the maximum growth potential for the market in the next few years.

Global Power over Ethernet (PoE) Chipsets Market: Overview                         

Increase in adoption of IP telephony has driven the demand for Power over Ethernet (PoE) chipsets. Rise in the deployment of network security cameras and Ethernet-based RFID readers will further boost the global PoE chipsets market. Introduction of industrial Ethernet PoE solutions is expected to contribute significantly toward the expansion of the market. The overall market has an opportunity to grow in the near future, with the rising popularity of PoE for digital signage.

Increasing costs of energy have pushed energy-efficient PoE solutions into the spotlight. Introduction of upgraded PoE plus is anticipated to propel the applications of PoE in high-power devices. However, non-standard PoE chipsets cast a long shadow of worry over the growth of the market. Deployment of PoE technology requires high capital investment on electrical and data infrastructure. Lack of awareness about the benefits of the technology and insufficient power requirements will also impede the global PoE chipsets market.

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Introduction of standards such as IEEE 802.3 for the PoE technology has expanded the applications of PoE chipsets, including wireless access points and security surveillance cameras. When integrated into application and switching infrastructure, the PoE technology offers reduced deployment costs and increased control and monitoring capabilities across large enterprises and businesses.

Global Power over Ethernet (PoE) Chipsets Market: Region-wise Outlook                              

The global PoE chipsets market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. Due to the availability of technologically advanced infrastructure, North America has been contributing significantly toward the growth of the market. In the near future, Asia Pacific is expected to emerge as a potential market for PoE chipsets, as a large number of players are operating in the region.

Key players in the global PoE chipsets market include Shenzhen Quanma Industry Co. Ltd., Silicon Laboratories, STMicroelectronics, Flexcomm Technology, VISIX, Maxim Integrated, Akros Silicon Inc., Microsemi Corporation, and ON Semiconductor. The market has witnessed an influx of a number of vendors from various other sectors such as semiconductors, power infrastructure, network infrastructure, and cabling and network devices.

Market players are primarily focusing on product development and innovations. Furthermore, the key vendors are seeking mergers and acquisitions to expand their business. For example, U.S.-based chipmaker Microsemi Corporation acquired Zarlink Semiconductor, a specialty chip manufacturer, and AML Communications, a manufacturer of microwave and microelectronic assemblies, to enhance its expertise in the manufacture of PoE chipsets.

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