The revolution of plant-based meat arises from cutting-edge innovation involved in the processing and manufacturing of meatless substitutes. As the industry faces increasing demand, it is essential for companies to comprehend developing technologies and ingredients in this market from a global perspective.
An increasing number of consumers opt for food and beverage products that they perceive to be “clean” or “natural.” Gluten-free, non-GMO, no artificial colors, organic, grass-fed, and preservative-free are claims consumers pay attention to in their quest for cleaner, greener living.Continue reading
The webinar will assist wax producers, blenders, marketers, and other market participants in identifying the opportunities and challenges within the industry. It will also help to answer some common questions and help the participants understand the forces in the wax business as well as the recent developments that are driving the global wax market.
After a turbulent 2019, the economy in Latin America and the Caribbean was in a recovery mode, albeit vulnerabilities remain. Lubricant marketers will have to cope with various challenges related to chronicle issues affecting the region including economic dependence on commodity, combined with fiscal disbalance and social unrest and most recently the global Coronavirus outbreak.
Kline will be publishing the 3rd edition of its Natural OTCs: Impact of Non-Drug Products on the U.S. OTC Market study later this month. One of the fastest-growing companies that emerged from the research is Irwin Naturals, based in Los Angeles, California. Founded in 1994, Irwin Naturals is a producer of soft gel-based herbal formulas sold in more than 90,000 retail outlets and online. The company markets a series of targeted herbal formulas in different lines for men, women, weight management, performance, and joint, heart, brain, and mood and energy support.
The global two-wheeler population is estimated to increase at a CAGR of over 5% through 2022, with the highest growth coming from Asia-Pacific. Consequently, the total demand for motorcycle oils (MCO) is forecast to grow strong at a CAGR of 3.5% during the same period. Three-fourths of the total MCO demand comes from Asia-Pacific, where four countries—India, China, Indonesia, and Thailand—combined account for more than half of the total MCO demand globally,Continue reading
The global professional nail care market enjoys another year of dynamic growth. Long-wear nail polishes continues to be the most dynamic category in the global professional nail care market, up by over 100% and thus doubling its size in 2016.
Consumers’ growing concern for maintaining healthy nails fuels growth in the care products category. Multi-functional products are here to stay, while men’s visits to nail salons are increasing more than ever, leading to the opening of some new doors exclusive to men.
The time when biofunctional active ingredients were only used in high-end products is a thing of the past. Now it is a key cosmetic component for the majority of manufacturers, with an estimated market size in Brazil, China, Europe, and the United States at about USD 1.1 billion. Even though the market has grown significantly over the last decade, it is still a highly desirable segment with an expected compound annual growth rate (CAGR) of over 6% during 2016-2021, according to Kline. While the market’s overall growth is evident, it is important to understand the actual game-changing forces that help the industry grow.
Accounting for almost 25% of the global market share, China is the second largest consumer of synthetic latex polymers after North America, according to the just-published China report from Kline’s continuous program Synthetic Latex Polymers: Global Business Analysis and Opportunities. A considerably higher GDP growth compared to the developed world, low industry regulations, and stability in raw material prices appeals to multinational corporations and domestic suppliers, increasing market rivalry dramatically.
One-third of the global surfactants market is used in a variety of industrial applications, such as food, paints and coatings, crop protection, and oil and gas. Europe and the United States are among the largest consumers of industrial surfactants globally, together accounting for USD 4 billion+ in market value, according to Kline’s just-published reports on the United States and Europe from the Industrial Surfactants: Multi-regional Market Analysis and Opportunities series. Both markets show overall positive growth results, but their growth potential is highly dependent on the end-use application and surfactant considered. The industry is also affected by tightening regulations on the product composition and environmental impact. Responding to the growing demand for high quality products that would meet the industry’s compliance regulations, suppliers in these two developed markets shift towards more innovative, safe, and green products.Continue reading