Global Plastic Additives market is expected to reach ~USD 80 Bn by 2028F: Ken Research

 Global Plastic Additives Market By Geography

The Global Plastic Additives market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific accounted for the largest market share in 2022 within the total Global Plastic Additives Market.

The market for plastic additives is predicted to increase rapidly in the region mainly in nations like India, Japan, and China due to rising demand from packaging and automotive industries.

Due to the significant presence of key manufacturers and end users, China is one of the top consumers of plastic additives. Plastic additives are in great demand as a result of urbanization and the construction industry's rapid growth in the region.

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Competition Scenario In Global Plastic Additives Market

The global plastic additives market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players.

Country niche players hold the largest presence of about 65% of the total competitors, while regional players comprise ~30% of competitors. Some of the major players in the market include BASF SE, The DOW Chemical Company, AkzoNobel, Clariant AG, Nabaltec, Mitsui Chemicals, LANXESS AG, Repi S.r.l., Songwon Industrial Co. Ltd., Albemarle Corporation, Kaneka Corporation, and others.

What Is The Expected Future Outlook For The Overall Global Plastic Additives Market Across The Globe?

The Global Plastic Additives market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Plastic Additives market is driven by increasingly adoption of plastic additives by numerous industries, including construction, consumer goods, packaging, and automotive and the rising demand for additives in polymers for various applications. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Plastic Additives market is changing rapidly. For instance, In April 2021, BASF has introduced biomass balanced (BMB) plasticizers based on renewable raw materials under designations Hexamoll® DINCH BMB, Palatinol® N BMB, Palatinol® 10-P BMB, and Plastisol® DOA BMB. These substances are made from vegetable oils or organic waste. Biomass-balanced plasticizers assist conserve fossil resources and have a smaller carbon footprint than traditional ones.

In April 2021, Songwon Industrial Co., Ltd extended its geographical presence in Bangladesh, Nepal, and Sri Lanka with Cheminox as the authorized distributor for the entire region. Cheminox has been the only distributor of Songwon’s polymer stabilizers in India since 2009. These stabilizers include SONGNOX® antioxidants, SONGSORB® UV absorbers, and SABOSTAB® HALS. With this expansion, Songwon aims for a long-term growth goal with a consistent, high-quality supply of goods and the highest caliber of customer support.

The global plastic additives market is expected to showcase positive growth during the forecast period. One of the main trends driving market expansion is the strict government initiatives toward sustainability. Asia Pacific region holds dominance in the market and is also expected to experience an increased growth rate due to the high adoption of plastic additives in the region’s automotive and construction industry. The market is highly competitive with around 500 participants concentrating on expansion strategies through product innovations as well as acquisitions and mergers.

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Key Topics Covered in the Report

• Snapshot of Global Plastic Additives Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Global Plastic Additives Market
• Historic Growth of the Overall Global Plastic Additives Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Plastic Additives Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid-1919 Impact on the Overall Global Plastic Additives Market
• Future Market Forecast and Growth Rates of the Total Global Plastic Additives Market and by Segments
• Market Size of Plastic Type / Application Segments with Historical CAGR and Future Forecasts
• Analysis of Plastic Additives Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

Major Companies Profiled in the Report

• BASF SE
• The DOW Chemical Company
• AkzoNobel
• Clariant AG
• Nabaltec
• Mitsui Chemicals
• LANXESS AG
• Repi S.r.l.
• Songwon Industrial Co. Ltd.
• Albemarle Corporation
• Kaneka Corporation 

Notable Emerging Companies Mentioned in the Report

• Baerlocher China
• Nanjing Union Rubber Chemicals Co. Ltd. (NURCHEM)
• Van Horn, Metz & Co., Inc.
• K-Tech (India) Limited
• Flamingo Additives & Colourants LLP
• Deifel GmbH & Co. KG
• Newos GmbH 

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Plastic Additive Manufacturers
• Packaging Manufacturers
• Plastic Manufacturers
• Chemical Companies
• Government Ministries and Departments of Chemical Industry
• Sustainability Researchers
• Food Processing Companies
• Vehicle Manufacturers
• Construction Dealers
• Commodity Plastic Manufacturers
• Engineering Plastic Manufacturers
• High-Performance Plastic Manufacturers
• Petrochemical Companies

Time Period Captured in the Report

• Historical Period: 2019-2021
• Forecast Period: 2022E-2030F

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Global Plastic Additives market

Global Plastic Additives market expected to record a CAGR of ~6% during the forecast period (2017-2028): Ken Research

 What Is the Size of Global Plastic Additives industry?

Global Plastic Additives market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Plastic Additives Market is largely driven by increasingly adoption of plastic additives by numerous industries, including construction, consumer goods, packaging, and automotive and the rising demand for additives in polymers for various applications.

Moreover, the demand for small, compact residential buildings is expanding along with urbanization. Plastic is utilized in residential buildings for a variety of functions, including insulation, wiring & cables, electrical switches, and water pipes, and is, therefore, pushing up the demand for plastic additives to alter the strength and longevity of plastics.

According to teriin.org, The majority of plastic garbage is produced by households, primarily in the form of water and soft drink bottles. The market is currently subject to several new laws, some of which are projected to have a detrimental impact on sales of plastic additives. Restrictions on different plastic additives, including specific types of flame retardants and plasticizers, have been backed by several scientific investigations.

Furthermore, During the lockdown, the raw material supply was disrupted, which had an impact on the production of these additives and derivatives. However, the resurgence of manufacturing and construction, have supported the market and is expected to positively impact the growth in coming years.

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Global Plastic Additives market By Type

The Global Plastic Additives market is segmented by Type into Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers and Others.

Plasticizers type segment held the largest share of the Global Plastic Additives Market in 2022.

Demand for plasticizers is increasing mainly due to their increasing adoption in high-volume flexible PVC products. According to plasticseurope.org, the world produced 367 million tons of plastic in 2020, an increase of 32 million tons over 2016. Polyvinyl chloride, or PVC, which is the fourth most prevalent plastic in the world, received 10% of this total. PVC is frequently used in the manufacture of toys, cables, packaging, flooring, and other items.

Global Plastic Additives Market By Plastic Type

The Global Plastic Additives Market is segmented by Plastic type into Commodity Plastic, Engineering Plastic and High-Performance Plastic.

High-performance polymers plastic type segment held the largest market share in the Global Plastic Additives Market in 2022.

High-performance polymers can function at temperatures as high as 300°C, having an advantage over commercially available high-temperature polymers including modified high-performance thermoplastics and heat-resistant compounds.

The segment's revenue growth is expected to be further fueled by their superior ability to withstand high temperatures compared to other polymers across a variety of end-use industries, such as oil and gas, nuclear, aerospace, and chemicals.

Global Plastic Additives Market By Application

The Global Plastic Additives market is segmented by Application into Packaging, Food, Consumer Goods, Construction, Automotive and Others.

The packaging application segment held the largest market share in the Global Plastic Additives Market in 2022.

Rise in the adoption of sales from e-commerce platforms, requiring additional packaging is increasing the adoption of plastic additives in packaging materials to make them strong, durable, and eco-friendly. Also in the pandemic time, due to hygiene concerns, the pandemic has caused a resurgence of single-use plastic bags and boxes, favorably affecting the use of plastic packaging in e-commerce and turn positively impacting the plastic additives market.

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Key Topics Covered in the Report

• Snapshot of Global Plastic Additives Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Global Plastic Additives Market
• Historic Growth of the Overall Global Plastic Additives Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Plastic Additives Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid-1919 Impact on the Overall Global Plastic Additives Market
• Future Market Forecast and Growth Rates of the Total Global Plastic Additives Market and by Segments
• Market Size of Plastic Type / Application Segments with Historical CAGR and Future Forecasts
• Analysis of Plastic Additives Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

Major Companies Profiled in the Report

• BASF SE
• The DOW Chemical Company
• AkzoNobel
• Clariant AG
• Nabaltec
• Mitsui Chemicals
• LANXESS AG
• Repi S.r.l.
• Songwon Industrial Co. Ltd.
• Albemarle Corporation
• Kaneka Corporation 

Notable Emerging Companies Mentioned in the Report

• Baerlocher China
• Nanjing Union Rubber Chemicals Co. Ltd. (NURCHEM)
• Van Horn, Metz & Co., Inc.
• K-Tech (India) Limited
• Flamingo Additives & Colourants LLP
• Deifel GmbH & Co. KG
• Newos GmbH 

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Plastic Additive Manufacturers
• Packaging Manufacturers
• Plastic Manufacturers
• Chemical Companies
• Government Ministries and Departments of Chemical Industry
• Sustainability Researchers
• Food Processing Companies
• Vehicle Manufacturers
• Construction Dealers
• Commodity Plastic Manufacturers
• Engineering Plastic Manufacturers
• High-Performance Plastic Manufacturers
• Petrochemical Companies

Time Period Captured in the Report

• Historical Period: 2019-2021
• Forecast Period: 2022E-2030F

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Global Plastic Additives market

The Nigeria Fitness Service market is expected to grow, owing to the tech-enabled high-end fitness offerings and innovative marketing strategies being implemented by the fitness centers in the country: Ken Research

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The Nigeria Fitness Service market is expanding as a result of the rising disposable income of consumers, the increasing popularity of fitness activities, and the improvement in infrastructure pertaining to fitness centers. The Nigeria Fitness Service market is consolidated with Nike China, Anta Sports, Adidas China, Li-Ning, and 361 having a major share in the market. The market is in a growing stage since major players have the potential to expand their facilities in the country.

• Nigeria has the largest market in Africa with a population of over 200 million. The Nigerian fitness culture and industry recently has grown significantly over the past last four years, especially in the major cities.
• i-Fitness, Nigeria’s first and fastest-growing fitness chain has disclosed that it has committed over N2 billion in investment in Nigeria’s fitness industry.
• i-Fitness plans to have at least one branch within a 5km radius of the urban cities in Nigeria and West Africa, adding that with the population size of Lagos and the need to massively promote the culture of health and wellness, its initial plan is to have 22 branches in Lagos alone.

Demand for Certified Personal Trainers: The fitness market in Nigeria is expected to experience growth due to rapidly rising interest in all kinds of wellness-related behaviors and lifestyles accompanied by accelerating consumer spending. A steady increase in demand for certified personal trainers along with the advancement of technologies adopted by the majority of the fitness center and rising awareness among people about their health will also intensify the number of subscribers in Nigeria.

Attractive offers are increasing the number of subscribers: The entry of low-budget international fitness chains and attractive offers offered by those brands are expected to encourage the offline membership participation rate in fitness clubs in Nigeria.  Moreover, consumers are expected to engage with fitness and wellness companies more than ever before in an attempt to adopt healthier lifestyles and build supportive communities.

Expansion of Geographical Presence and Changing Societal Norms: Recent trends in the fitness center market of Nigeria include expanding geographical presence and changing societal norms leading to the growth of ladies-only fitness centers. Additionally, gyms/clubs/spas are adding in complimentary wellness services to become more holistic thus increasing the future share of fitness services in the country.  It is also expected that the trend of 24-hour franchisee gym centers will evolve in Nigeria acquiring a new group of the working population in fitness centers.

Analysts at Ken Research in their latest publication “Nigeria Fitness Service Market Outlook to 2027F - By Market Structure (Organized and Unorganized), By Revenue Streams (Membership Fee and Personal Training), by Membership Subscription Package (1 Month, 3 Months, 6 Months & 12 Months), by Provinces and by Gender“ observed the potential of the Fitness Services Market in Nigeria. The increasing popularity of fitness activities, the rising disposable income of consumers, and the increasing number of fitness centers are expected to contribute to the market growth over the forecast period. The Nigeria Fitness Service Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered

Nigeria Fitness Services Market

By Market Structure:

Organized

Unorganized

By Revenue Stream

Membership

Personal Trainer

Supplementary Services

By Region

Lagos State

Ogun State

Others (Imo State, Abuja State)

By Subscription

3 months

6 months

1 year

Others

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By Gender

Male

Female

By Age

Below 18 years

19 to 30 years

31 to 60 years

Above 60 years

By Income Group

Below 85,700 NGN

85,700 - 339,000 NGN

339,000 - 1,510,000 NGN

Above 1,510,000 NGN

Key Target Audience

Fitness Equipment Manufacturers

Fitness Equipment Distributors

Fitness Centers

Government Organizations

Fitness Service Providers

Ministry of Sports

Industry Associations

Investors/VCs

Time Period Captured in the Report

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

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Companies Covered

Ifitness Centre Ltd

Sky Fitness Gym

Fitness Central

Ellas Place Salon, Spa & Ladies Gym

The Crossfitter Gym

Carvimial Fitness Centre

Blue Island Wellness Centre

Key Topics Covered in the Report

Executive Summary of Nigeria Fitness Service Market

Socio-Economic Landscape of Nigeria

Direct and Indirect Economic Impact of the Fitness Industry in Nigeria

Overview of Commercial Gyms in Nigeria’s Health and Fitness Market

Snapshot of the Digital Fitness Market in Nigeria

Assessment of the Indirect Economic Impact of the Fitness Industry in Nigeria

Nigeria Fitness Equipment Industry Market Size

Evaluation of Premiumization in the Real Estate Sector

Assessment of the Indirect Economic Impact of the Fitness Industry in Nigeria

Overview of Healthcare Scenario/Health Statistics

Potential Health Implications and Health Cost Reductions

Customer Mindset for Fitness Services

Impact of COVID-19 on the Fitness Industry in Nigeria

Future Outlook and Projections for Nigeria Fitness Services Market

White space and Opportunities existing in the Nigeria Fitness Services Market

Research Methodology

Analyst Recommendation

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Nigeria Fitness Service Market

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France Fitness Services Market Outlook to 2027F

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Belgium Fitness Services Market Outlook to 2027F

The China LED Lightning Market is witnessing a steady recovery from the disruptions induced by the Global pandemic during the year 2020-2021: Ken Research

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Energy Efficient: LED light bulbs are currently the most popular type of light bulb in China. They consume less energy as compared to other products, don't have mercury in them, do not heat up while in usage, and give off bright light with a slightly cool cast making them aesthetically pleasing. Furthermore, LED bulbs come in a wide variety of sizes, shapes, and colour giving the user a wide range of choice. The standard, pear-shaped Type bulb is also known as a standard bulb. They're utilized in both private and business applications and screw in utilizing an Edison screw. Lamp bulbs or A19, which are utilized in all lamps, and A15 appliance bulbs are the most prevalent of these bulbs. Moreover, they are also being promoted by the Chinese Government as part of their eco-friendly initiatives.

Covid Impact: China is a big provider of both completed and raw electronic products, which has a considerable impact on the market for electronic gadgets. The whole industrial sector is currently being impacted by price fluctuations, supply disruptions, and production losses. Lighting producers rely on China as the source for a sizeable portion of the components they employ, like much of the manufacturing industry. China was the first nation to be affected by the outbreak since COVID-19 is thought to have started in the city of Wuhan in the Hubei province. As a result, it was the site of the first lockdowns, which several other countries have since adopted to stop the disease's spread. Workers at factories that produce LEDs and other parts for lighting fixtures have frequently been told to stay at home.

Analysts at Ken Research in their latest publication, “China LED Lightning Market Outlook 2027F- Driven by government regulations, research & development & rising urbanization levels” by Ken Research observed that China LED Lightning Market is in a growth phase & is expected to grow at a CAGR of ~% in the upcoming years owing to increasing government initiatives & technological innovations. It is to be noted that the China LED Lightning market is consolidated with a few brands occupying almost half of the market with companies competing not only on the basis of product quality, cost, demand for the product & estimated revenue.

Key segments covered

By Product Type

Panel Lights

Down Lights

Street Lights

Tube Lights

Bulb

Others

By Product Application

Commercial

Residential

Institutional

Industrial

By Installation Type

New Installation

Retrofit Installation

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By Region

Guangdong

Jiangsu

Shandong

Zhejiang

Henan

Others

Time Period Captured in the Report

Historical Period: FY’17- FY’22P

Base Year: FY’22P

Forecast Period: FY’23F – FY’27F

Key Target Audience

Distributers

Dealers

Big Box Stores

Builders/Contractors

Facilities Manager

DIYers

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Key players Covered

Philips

Osram

Leadarson

Foshan electrical & light

Cree Inc.

Key Topics Covered in the Report

Executive Summary of China LED Lightning Market

Country Overview of China LED Lightning Market

Overview of China LED Lightning Market

Market Size of China LED Lightning Market

Market Segmentation China LED Lightning Market

Industry Analysis of China LED Lightning Market

Consumer Analysis of China LED Lightning Challenges and restrains

Competitive Analysis of China LED Lightning Market

Future Outlook of China LED Lightning Services

Covid Analysis of China LED Lightning Market

Analyst Recommendations

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China LED Lightning Market

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France LED Lighting Market Outlook to 2027F

Malaysia LED Lighting Market Outlook to 2027F

Global Coaxial Cable market is expected to reach ~USD 50 Bn by 2028F: Ken Research

 Competition Scenario In Global Coaxial Cable market

The Global Coaxial Cable market is highly competitive with ~250 players which include globally diversified players, regional players as well as a significant number of country-niche players having their niche in coaxial cable manufacturing and distributing to multiple end-user industries. Most of the global players are dealing in the manufacturing of different varieties of cables.

Global players constitute about 20% of the competitors by type, while regional players hold the second largest share of competitors. Some of the major players in the market include Belden Inc., Prysmian Group, Amphenol Corporation, Comm Scope, Trigiant Group Limited, HUBER+SUHNER, Leoni AG, Sumitomo Electric Industries, Ltd., TE Connectivity, Nexans, and others.

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What Is the Expected Future Outlook for the Overall Global Coaxial Cable market Across the Globe?

The Global Coaxial Cable market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Coaxial Cable market is driven by rising telecommunication and IT industry and rise in the demand for internet connection. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Coaxial Cable market is changing rapidly. For instance, In August 2022, Amphenol RF introduced reduced interference with low PIM NEX10 coaxial adapters. NEX10 adapters can be used where RF signals need to be combined or distributed to an antenna in multi-operators, and multiband DAS applications.

In September 2021, Nexans entered into a share purchase agreement with Xignux SA of Mexico to acquire Centelsa, a premium cable maker in Latin America.

Furthermore, the diminishing number of subscriptions for cable television, owing to its high cost compared to online streaming platforms, is likely to hamper the growth of the global coaxial cable market. According to the Capital News Service (CNS), a news organization, stated that the basic plan of DirecTV costs US$ 75, and DTH costs US$ 70, on the other hand online streaming video platforms such as Netflix, Hulu, and Disney Plus, HBO Max, and other is offering basic plan at an average cost of US$ 8.

The global coaxial cable market witnessed significant growth during the period 2017-2021, surging growth of data and communication, and increasing demand for high-frequency signals without signal loss are driving the growth of the coaxial cable market. The growth rate is expected to remain moderate during the forecast period.

Though the market is highly competitive with ~250 participants, the global players dominate the market share, and regional players also hold a significant share.

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Key Topics Covered in the Report

• Snapshot of Global Coaxial Cable Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Coaxial Cable Market
• Historic Growth of the Overall Global Coaxial Cable Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Coaxial Cable Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Coaxial Cable Market
• Future Market Forecast and Growth Rates of the Total Global Coaxial Cable Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Coaxial Cable Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

Key Profiled Companies Mentioned in the Report

• Belden Inc.
• Prysmian Group
• Amphenol Corporation
• CommScope
• Trigiant Group Limited
• HUBER+SUHNER
• Leoni AG
• Sumitomo Electric Industries, Ltd.
• TE Connectivity
• Nexans

Notable Emerging Companies Mentioned in the Report

• HDG Telecom
• ZOMWAVE TECHNOLOGY CO., LTD
• M-core Industries Private Limited
• STP Global Cables LLC
• Birikim Kablo
• Tukom Elektronik
• COAX-RF ENTERPRISE CO., LTD.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Coaxial Cable Manufacturing Companies
• Coaxial Cable Distributors and Traders
• Coaxial Cable Traders
• Coaxial Cable Material Supplier Companies
• Potential Investors in Coaxial Cable Companies
• Cable & Wire Association
• Electric Cable Association
• Cable TV Companies
• CCTV Installation Companies
• Internet Providers
• Government Ministries and Departments of Communications Industry
• Consulting Companies in The Cable & Wire
• Coaxial Cable Component Providers
• RG Coaxial Cable Component Manufacturers
• Government And Research Organizations
• Investment banks

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2028F

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Global Coaxial Cable market

Global Coconut Milk and Cream Market is expected to reach nearly US$ 7 billion by 2028: Ken Research

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Global Coconut Milk and Cream Market by End-User

The Global Coconut Milk and Cream market is segmented by End-User into Households, Food Services Industry, Processed Food, Others. The households segment accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, due to the growing use of coconut milk and creams in households coupled with the increase in disposable income.

Rising trend for veganism and dairy-free globally has increased the demand for plant-based products like coconut milk and cream among consumers along with the increasing use of coconut milk and creams as an ingredient while preparing food is likely to boost the demand for the segment in the Global Coconut Milk and Cream Market.

Competition Scenario in Global Coconut Milk and Cream Market

The Coconut Milk and Cream Market is highly competitive with ~200 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Coconut Milk and Cream. Country-niche players comprise ~55% of the total number of competitors, while the regional players comprise the second highest of the total number of competitors. Some of the major players in the market include Mc Cormick & Company, Inc., Nestlé, PACIFIC FOODS OF OREGON, LLC, Califia Farms, LLC, Goya Foods, Inc., Danone, Sambu Group, Axelum Resources Corp., Kapar Coconut Industries, etc.

What is the Expected Future Outlook for the Overall Global Coconut Milk and Cream Market Across the globe?

The Global Coconut Milk and Cream market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

Global Coconut Milk and Cream market is largely driven by the rise in vegan population along with the increasing incidence of lactose intolerance and surging demand for plant-based products including coconut milk and others.

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In August 2021, So Delicious, a plant-based brand of Danone, launched a program named “Good People Loop” to support the economic and social empowerment of coconut farming partners across its supply chain. Under this program, the company aims to empower coconut farmer partners to adopt sustainable practices like compositing, mulching organic matter, and intercropping to improve crop yield. The program aims to increase coconut farmer income by 100% and crop yields by 50% over the next five years. The majority of the company’s coconut partner is based in the Philippines.

In September 2022, Goya Foods, Inc., the largest Hispanic-owned food company in the USA, launched an online store to ship their products including coconut milk and cream directly to the consumers. The company aims to expand its digital footprint in the market and offer easy access to its products to consumers.

In May 2021, Axelum Resources Corp. entered into the e-commerce sector and collaborated with local online platforms like Shopee and Lazada. These product feature company’s products including coconut milk powder, coconut cream and milk, and coconut cooking oil. The company aimed to reach a large consumer base.

The Global Coconut Milk and Cream Market is forecasted to continue a positive growth, primarily driven by the growing trend for veganism and plant-based diet along with the increasing prevalence of lactose intolerance in consumers. The surging demand for functional and healthier food products coupled with the increasing adoption of plant-based products like coconut milk and cream to lead a certain or healthier lifestyle is anticipated to augment the growth of the market. Though the market is highly competitive with ~200 participants, global players control the dominant market share.

Market Taxonomy

By Type

• Coconut Milk
• Organic
• Conventional
• Coconut Cream
• Organic
• Conventional

By Packaging Type

• Plastic Bottles
• Tetra Packs
• Cans

By Flavor

• Sweetened
• Unsweetened

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By End-Users

• Households
• Food and Catering Service
• Processed Food
• Others

By Distribution Channel

• Direct
• Wholesalers
• Supermarkets/Hypermarkets
• Specialty Stores
• Online Retail
• Other Retail Sectors

By Geography

• North America
• USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Australia)
• LAMEA (Latin America, Middle East, Africa)

Key Players

• Mc Cormick & Company, Inc.
• Nestlé
• Pacific Foods Of Oregon, LLC
• Califia Farms, LLC
• Goya Foods, Inc.
• Danone
• Sambu Group
• Axelum Resources Corp.
• Kapar Coconut Industries
• Greenville Agro Corporation

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Global Coconut Milk and Cream Market

Global Coaxial Cable market expected to record a CAGR of ~5% during the forecast period (2017-2028): Ken Research

 What Is the Size of Global Coaxial Cable industry?

Global Coaxial Cable market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Coaxial Cable Market is largely driven by rising telecommunication and IT industry and rise in the demand for internet connection.

Significant rise in usage of the internet is driving the growth of the coaxial cable market as higher bandwidth requires secure and competent transmission lines to function without signal loss. Cisco, an American multinational technology company, mentioned that by 2023, nearly 60% of the mobile devices and connections globally will have 4G+ capability, surpassing 3G and below-capable devices and connections by several fold.

Advancement in the telecom industry is further propelling the growth of the global coaxial cable market. Coaxial cable is used to convey data, video, and voice communication to customers. Invest India, a national investment promotion and facilitation agency reported that the telecom industry in India is the second largest in the world with a subscriber base of 1.17 billion as of July 2022 (wireless and wireline subscribers).

Furthermore, advancement in technology in form of fiber optic cables is hampering the growth of the coaxial cable market. Fiber optic internet transmission speed is faster than coaxial cables, which makes it ideal for large companies.

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Global Coaxial Cable Market by Cable Type

The Global Coaxial Cable market is segmented by Cable Type into Hardline Cable, Triaxial Cable and RG Cable.

RG cable segment held the largest market share of the Global Coaxial Cable market in 2022. RG-type coaxial cables are commonly used in community antenna television (CATV) for residential and commercial installations.

RG-type coaxial cables are available in various sizes and applications in the market such as RG6 used for cable television, RG8 used for radio stations, and RG11 used for video distribution.

Multiple companies offer coaxial cables under a single RG-type segment such as Nexans, Huber+Suhner, Belden Inc., and Comm Scope.

Global Coaxial Cable Market By Application

The Global Coaxial Cable Market is segmented by Application into Internet Data Transfer, Video Distribution and Radio Frequency Transfer.

The radio frequency transfer segment accounted for the largest market share in 2022, as it is used for multiple wired connections such as Wi-Fi, phones, television cables, and others.

A coaxial cable is an electric cable used to transmit radio frequency from one point to another. Radio frequency transfer has multiple applications including computer network connections, antennas, and the distribution of cable television signals.

Increasing average Wi-Fi speed is a driving factor for the global coaxial cable market, as higher bandwidth requires high-quality cables to transfer the data. According to Cisco, the average Wi-Fi network connection speed of 30.3 Mbps in 2018 will exceed 91.6 Mbps by 2023.

Global Coaxial Cable Market By End-User

The Global Coaxial Cable market is segmented by End-User into Cable Television Industry, Military & Aerospace, Internet Service Providers, Telephone Network Operators and Communication Equipment Manufacturers.

Internet service provider is likely to be the fastest growing segment during the forecast period (2022–2028), owing to the increasing demand for data across the world. Internet service providers require cable to transmit the data from one end to another.

According to Cisco, the total number of internet users is projected to grow from 3.9 billion in 2018 to 5.3 billion by 2023 at a CAGR of 6% worldwide.

Global Coaxial Cable Market By Geography

The Global Coaxial Cable market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific accounted for the largest market share within the global coaxial cable market in 2022, owing to the growing mobile telecommunication networks.

Invest India, the national investment promotion and facilitation agency reported that the telecom industry in India is the second largest in the world with a subscriber base of 1.17 billion as of July 2022 (wireless and wireline subscribers).

According to the International Trade Association (ITA), a U.S. agency that promotes trade and investment, in 2020 stated that over the next five years, the four Japanese carriers including NTT Docomo, KDDI au, Softbank, and Rakuten Mobile, will spend more than US$14 billion combined in capital expenditure to build its 5G networks.

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Key Topics Covered in the Report

• Snapshot of Global Coaxial Cable Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Coaxial Cable Market
• Historic Growth of the Overall Global Coaxial Cable Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Coaxial Cable Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Coaxial Cable Market
• Future Market Forecast and Growth Rates of the Total Global Coaxial Cable Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Coaxial Cable Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

Key Profiled Companies Mentioned in the Report

• Belden Inc.
• Prysmian Group
• Amphenol Corporation
• CommScope
• Trigiant Group Limited
• HUBER+SUHNER
• Leoni AG
• Sumitomo Electric Industries, Ltd.
• TE Connectivity
• Nexans

Notable Emerging Companies Mentioned in the Report

• HDG Telecom
• ZOMWAVE TECHNOLOGY CO., LTD
• M-core Industries Private Limited
• STP Global Cables LLC
• Birikim Kablo
• Tukom Elektronik
• COAX-RF ENTERPRISE CO., LTD.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Coaxial Cable Manufacturing Companies
• Coaxial Cable Distributors and Traders
• Coaxial Cable Traders
• Coaxial Cable Material Supplier Companies
• Potential Investors in Coaxial Cable Companies
• Cable & Wire Association
• Electric Cable Association
• Cable TV Companies
• CCTV Installation Companies
• Internet Providers
• Government Ministries and Departments of Communications Industry
• Consulting Companies in The Cable & Wire
• Coaxial Cable Component Providers
• RG Coaxial Cable Component Manufacturers
• Government And Research Organizations
• Investment banks

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2028F

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Global Coaxial Cable market

Global Pharmaceutical Packaging market is expected to reach ~USD 180 Bn by 2028F: Ken Research

 Global Pharmaceutical Packaging Market By Drug Delivery Mode

The Global Pharmaceutical Packaging market is segmented by Drug Delivery Mode into Oral Drugs, Injectables, Topical, Ocular/ Ophthalmic, Nasal, Pulmonary, Transdermal, IV Drugs and Others.

The oral drugs segment accounted for the majority share of the Global Pharmaceutical Packaging Market in 2022, owing to the surge in storage and protection of oral drugs as the most preferred administration route due to its convenience, high patient compliance, noninvasiveness, and non-requirement of any specific sterile conditions.

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Global Pharmaceutical Packaging Market By End-User

The Global Pharmaceutical Packaging market is segmented by End-User into Pharma Manufacturing, Contract Packaging, Retail Pharmacy, Institutional Pharmacy and Others.

Pharma manufacturing segment accounted for the largest share in 2022 of the Global Pharmaceutical Packaging Market attributed to increasing demand for medicines or drugs along with the rising population and increasing prevalence of various diseases namely cardiovascular disease, physiological, hereditary, infectious, and other diseases. In addition, an increase in the geriatric population requires additional medical assistance, thereby boosting pharmaceutical manufacturing activities. The above-mentioned factors are expected to augment the growth of the global pharmaceutical packaging market.

Global Pharmaceutical Packaging Market By Geography

The Global Pharmaceutical Packaging market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest share in 2022 of the Global Pharmaceutical Packaging Market due to the presence of many pharmaceutical packaging manufacturers in the region along with the strong production capacity for pharmaceutical products and packaging. In addition, the rising adoption of smart, advanced, and sustainable packaging for pharmaceutical products is anticipated to propel the growth of the region in the market.

Asia-Pacific is the fastest growing region in the Global Pharmaceutical Packaging Market owing to the growing demand for pharmaceutical products and their packaging.

Competition Scenario In Global Pharmaceutical Packaging Market

The pharmaceutical packaging market is highly competitive with ~300 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in pharmaceutical packaging.

Regional players control over 45% of the market share, while the global players hold the second largest share. Some of the major players in the market include Amcor plc, BD, AptarGroup, Inc., Gerresheimer AG, West Pharmaceutical Services, Inc., West Rock Company, CCL Industries, Berry Global, Inc., Nipro Europe Group Companies, and Mondi plc among others.

The leading global pharmaceutical packaging companies such as Amcor plc, West Pharmaceutical Services, Inc., and AptarGroup, Inc. are highly focused on research and development for creating innovative sustainable pharmaceutical packaging products or solutions.

What Is The Expected Future Outlook For The Overall Global Pharmaceutical Packaging Market Across The Globe?

The Global Pharmaceutical Packaging market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Pharmaceutical Packaging market is driven by the surging demand for pharmaceutical products to treat various diseases including chronic diseases, digestive disorders, and others, which ultimately boosting the demand for pharmaceutical packaging to protect medicines or drugs from chemical, physical damage, and microbial contamination. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing acquisition and emergence of new products, the Global Pharmaceutical Packaging market is changing rapidly. For instance, In November 2021, Gerresheimer AG launched a new drug delivery device named SensAIR for drugs with high viscosity. The new primary packaging is launched to deliver newly developed biologics and other medical and diagnostic products.

In May 2021, Nipro Europe Group Companies acquired Piramida, a Croatian glass pharmaceutical packaging manufacturer. The acquisition helped the company in catering to the growing demand for glass packaging in the Central European market and aimed to expand its business globally.

Furthermore, the availability of counterfeit pharmaceutical products along with the shortage of raw materials to manufacture pharmaceutical packaging products is the most significant barrier to the growth of the pharmaceutical packaging industry globally. The shortage of basic materials such as paper, plastic, glass, and other raw material has upended the manufacturing process including pharmaceutical packaging. Paper Mills failed to fulfill the demand for paper packaging products due to the shortage of wood pulp.

The Global Pharmaceutical Packaging Market is forecasted to continue a moderate growth, primarily driven by the rising demand for pharmaceutical products coupled with an increase in the introduction of new medicines, biologics products, and other drugs to improve patient health and their quality of life. In addition, the growing demand for reliable and innovative packaging for pharmaceutical products to prevent, preserve, and protect them from any chemical, physical, or microbial damage is anticipated to propel the growth of the market globally

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Key Topics Covered in the Report

• Snapshot of Global Pharmaceutical Packaging Market
• Industry Value Chain and Ecosystem Analysis of Pharmaceutical Packaging Market
• Market size and Segmentation of the Global Pharmaceutical Packaging Market
• Historic Growth of Overall Global Pharmaceutical Packaging Market and Segments
• Competition Scenario of the Pharmaceutical Packaging Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Pharmaceutical Packaging Industry
• Overview, Product Offerings, and Strategic Developments of Key Competitors
• COVID-19 Impact on the Overall Global Pharmaceutical Packaging Market
• Future Market Forecast and Growth Rates of the Global Pharmaceutical Packaging Market and by Segments
• Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
• Analysis of Pharmaceutical Packaging Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Production/Supply and Consumption/Demand Hubs in Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Pharmaceutical Packaging Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

 Major Companies Profiled in the Report

• Amcor plc
• Becton D
• AptarGroup, Inc.
• Gerresheimer AG
• West Pharmaceutical Services, Inc.
• WestRock Company
• CCL Industries
• Berry Global, Inc.
• Nipro Europe Group Companies
• Mondi plc

Notable Emerging Companies Mentioned in the Report

• Bormioli Pharma
• Keystone Folding Box Co.
• Klöckner Pentaplast Group
• Schott AG
• International Paper
• Origin Pharma Packaging
• Lonza Group AG
• Drug Plastics Group
• Vetter Pharma International

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Pharmaceutical Manufacturers
• Pharmaceutical Suppliers
• Retail Pharmacy
• Institutional Pharmacy
• Pharmaceutical Packaging Manufacturers
• Pharmaceutical Packaging Distributors
• Pharmaceutical Associations
• Governmental Regulatory Bodies
• Pharmaceutical Packaging Investors
• Pharmaceutical Logistics Service Providers
• Pharmaceutical Packaging Investors
• Pharmaceutical Packaging R&D Companies

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

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Global Pharmaceutical Packaging Market

With the presence of more fitness centers/studios and better health consciousness among the young population, the demand for Fitness Services Market in Nigeria is on the rise: Ken Research

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The Fitness Services Market in Nigeria is expanding, driven by the willingness to commit to a healthy and active lifestyle and the higher demand for fitness services by women.

Increase in the healthy lifestyle: The Nigeria Fitness Service market has grown as a result of an increasingly obese population, an increase in health consciousness among adults, a higher demand for fitness services by women, and an increasing number of international fitness brand penetrations across the country. The market is now in the growth stage, with a good prospect of future rapid expansion. Furthermore, tech-enabled high-end fitness offerings, usually backed by strong social media credentials and cult following along with budget fitness chains are expanding in Nigeria.

The advent of integrated exercise services: Profitability associated with fitness services in Nigeria is highly correlated with multiple factors such as improving the effectiveness of fitness services provided, cost reduction related to equipment procurement, customer retention, and using the most up-to-date gym equipment, among others. Furthermore, the advent of integrated exercise services such as Yoga, Pilates, and Swimming played a significant role in the income increase of the fitness industry in Nigeria. Among the other variables that have contributed to development is a rise in demand for personal training and an increase in Nigeria's national disposable income.

Unorganized fitness centers are on the rise: In Nigeria, the unorganized sector has contributed a majority share of the total revenue generated through fitness services. The remaining market share has been contributed by the organized sector which includes various entities such as men’s gyms, women’s gyms, mixed gyms, and CrossFit indulged in providing all kinds of fitness services. Unorganized centers have been better able to make use of this opportunity and enter the fitness industry because it is cheaper and for the fact that it is easier to set up an unorganized fitness center as compared to the organized one.

Lack of experienced, and skilled trainers: Orthodox culture and neglect of female fitness in the country is a major roadblock for the fitness service industry in Nigeria. Additionally, the highly fragmented market, lack of experienced, and skilled trainers in the country, and high initial investment in opening an organized fitness center are some of the other barriers in the fitness service sector of Nigeria.

Analysts at Ken Research in their latest publication “Nigeria Fitness Service Market Outlook to 2027F - By Market Structure (Organized and Unorganized), By Revenue Streams (Membership Fee and Personal Training), by Membership Subscription Package (1 Month, 3 Months, 6 Months & 12 Months), by Provinces and by Gender“ observed the potential of the Fitness Services Market in Nigeria. The increasing popularity of fitness activities, the rising disposable income of consumers, and the increasing number of fitness centers are expected to contribute to the market growth over the forecast period. The Nigeria Fitness Service Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered

Nigeria Fitness Services Market

By Market Structure:

Organized

Unorganized

By Revenue Stream

Membership

Personal Trainer

Supplementary Services

By Region

Lagos State

Ogun State

Others (Imo State, Abuja State)

By Subscription

3 months

6 months

1 year

Others

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By Gender

Male

Female

By Age

Below 18 years

19 to 30 years

31 to 60 years

Above 60 years

By Income Group

Below 85,700 NGN

85,700 - 339,000 NGN

339,000 - 1,510,000 NGN

Above 1,510,000 NGN

Key Target Audience

Fitness Equipment Manufacturers

Fitness Equipment Distributors

Fitness Centers

Government Organizations

Fitness Service Providers

Ministry of Sports

Industry Associations

Investors/VCs

Time Period Captured in the Report

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

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Companies Covered

Ifitness Centre Ltd

Sky Fitness Gym

Fitness Central

Ellas Place Salon, Spa & Ladies Gym

The Crossfitter Gym

Carvimial Fitness Centre

Blue Island Wellness Centre

Key Topics Covered in the Report

Executive Summary of Nigeria Fitness Service Market

Socio-Economic Landscape of Nigeria

Direct and Indirect Economic Impact of the Fitness Industry in Nigeria

Overview of Commercial Gyms in Nigeria’s Health and Fitness Market

Snapshot of the Digital Fitness Market in Nigeria

Assessment of the Indirect Economic Impact of the Fitness Industry in Nigeria

Nigeria Fitness Equipment Industry Market Size

Evaluation of Premiumization in the Real Estate Sector

Assessment of the Indirect Economic Impact of the Fitness Industry in Nigeria

Overview of Healthcare Scenario/Health Statistics

Potential Health Implications and Health Cost Reductions

Customer Mindset for Fitness Services

Impact of COVID-19 on the Fitness Industry in Nigeria

Future Outlook and Projections for Nigeria Fitness Services Market

White space and Opportunities existing in the Nigeria Fitness Services Market

Research Methodology

Analyst Recommendation

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Nigeria Fitness Service Market

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France Fitness Services Market Outlook to 2027F

Germany Fitness Services Market Outlook to 2027F

Belgium Fitness Services Market Outlook to 2027F

Global Coconut Milk and Cream Market is expected to record a positive CAGR of ~12% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Coconut Milk And Cream Industry?

Global Coconut Milk and Cream market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. Global Coconut Milk and Cream market is largely driven by the rise in vegan population along with the increasing incidence of lactose intolerance and surging demand for plant-based products including coconut milk and others.

The rising awareness regarding the health benefits of coconut such as supporting cardiovascular health, offering anti-inflammatory, anti-microbial, and anti-fungal properties, may reduce stomach ulcers, and others along with the increase in consumption of coconut-based products among consumers are likely to boost the demand for coconut milk and cream products.

The global coconut milk and cream market faces challenges due to the availability of a variety of substitutes in the market, and differences in prices among the substitutes. Availability of coconut cream and milk alternatives such as soy milk, almond milk, whipping cream, greek yogurt, and others in the market may hamper the growth of the Global Coconut Milk and Cream Market. Although the applications of different plant-based products such as soy milk and almond milk vary per taste and composition, these are most likely to replace or substitute coconut milk in terms of price and availability. The COVID-19 pandemic positively impacted the Coconut Milk and Cream Market owing to the increased demand for functional products that offer health benefits.

Global Coconut Milk and Cream Market By Type

The Global Coconut Milk and Cream market is segmented by Type into Coconut Milk- Organic and Conventional. Coconut Cream- Organic and Conventional. Coconut milk segment held the largest share of the Global Coconut Milk and Cream Market by type in 2021, owing to the growing demand for plant-based milk products including coconut milk among consumers of all age groups.

The rising disposable income and change in the eating pattern along with the growing preference for plant-based products over animal based-products are expected to fuel the demand for the segment in the Global Coconut Milk and Cream Market.

Global Coconut Milk and Cream Market by Packaging Type

The Global Coconut Milk and Cream Market is segmented by Packaging Type into Plastic Bottles, Tetra Packs, Cans. The tetra pack segment accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, owing to its easy handling, transportation, and convenience to open, store, and recycle. The increasing preference for lightweight packaging material as well as packaging which saves shelf space among manufacturers is anticipated to augment the growth of the segment in the Global Coconut Milk and Cream Market.

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Global Coconut Milk and Cream Market by geography

The Global Coconut Milk and Cream market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia-Pacific region accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, owing to the rising prevalence of lactose intolerance in the region.

The rising demand for dairy alternative products such as coconut milk and cream among lactose intolerant, vegan, and other consumers along with large-scale intensive farming of coconut in Asian countries is expected to augment the growth of the region in the Coconut Milk and Cream Market.

Global Coconut Milk and Cream Market by Distribution Channel

The Global Coconut Milk and Cream market is segmented by Distribution Channel into Direct, Wholesalers, Hypermarkets/Supermarkets, Specialty Stores, Online Retail, Other Retail Sectors. Supermarkets/hypermarket segment accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, due to a large consumer base, wide availability of brands, and capacity to hold multiple users simultaneously.

The availability of a wide range of Coconut Milk and Cream of different brands in supermarkets or hypermarkets coupled with increasing demand for plant-based protein among lactose intolerant, health-conscious consumers, and others are anticipated to propel the growth of the segment in the market.

Global Coconut Milk and Cream Market by Flavor

The Global Coconut Milk and Cream market is segmented by Flavor into Sweetened & Unsweetened. Unsweetened segment accounted for the largest share of the Global Coconut Milk and Cream Market in 2021, due to the increase in health-conscious consumers opting for low-calorie food products such as unsweetened coconut milk and cream. The surging popularity of unsweetened coconut milk and cream due to its low-sugar, fat, and carbohydrate content among consumers is anticipated to boost the demand for the segment in the market.

Market Taxonomy

By Type

• Coconut Milk
• Organic
• Conventional
• Coconut Cream
• Organic
• Conventional

By Packaging Type

• Plastic Bottles
• Tetra Packs
• Cans

By Flavor

• Sweetened
• Unsweetened

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By End-Users

• Households
• Food and Catering Service
• Processed Food
• Others

By Distribution Channel

• Direct
• Wholesalers
• Supermarkets/Hypermarkets
• Specialty Stores
• Online Retail
• Other Retail Sectors

By Geography

• North America
• USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Australia)
• LAMEA (Latin America, Middle East, Africa)

Key Players

• Mc Cormick & Company, Inc.
• Nestlé
• Pacific Foods Of Oregon, LLC
• Califia Farms, LLC
• Goya Foods, Inc.
• Danone
• Sambu Group
• Axelum Resources Corp.
• Kapar Coconut Industries
• Greenville Agro Corporation

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Global Coconut Milk and Cream Market