Halal Food and Beverages Market Key Drivers, Industry Share, Future Growth, Demand Analysis and Forecast by 2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry. The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future. Report Coverage We have implemented a unique research approach comprising statistics triangulation based on the famous bottom-up and top-down approaches. Our researchers have led thorough primary research to verify the estimated size of the halal food and beverages industry. The data utilized to portray the shares for multiple national, regional, and global segments is extracted from comprehensive interviews with various stakeholders. Our analysts have also derived information from paid databases, industry journals, SEC filings, and many other similar resources. Segmentation By Product, the global market is segregated into meat, poultry & seafood, dairy products, cereal & grain-based products, non-dairy beverages, fruits, vegetables & nuts. By distribution channel, the market is divided into traditional retailers, supermarkets/hypermarkets, online retail, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186

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Injection Molded Plastics Market 2021 Global Industry Share, Global Research, Top Leading Players, Emerging Trends, Region by Forecast to 2028 The global injection molded plastics market is expected to gain momentum from their rising applications in a wide variety of industries, such as medical, electrical & electronics, building & construction, packaging, and automotive. Fortune Business Insights™ provided this information in a new report, titled, “Injection Molded Plastics Market Size, Share & Industry Analysis, By Resin Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The report further states that the injection molded plastics market size stood at USD 360.06 billion in 2019 and it is projected to reach USD 498.98 billion by 2027, exhibiting a CAGR of 4.80% during the forecast period. Drivers & Restraints- Increasing Usage in Food & Beverages Industry to Drive Growth Injection molded plastics are nowadays being majorly used in packaging applications. It is experiencing high demand from the food and beverage industry as the material is capable of keeping food items safe. They are extensively used to manufacture bottles, containers, closures, and caps. A container made with injection molded plastic is lead-resistant and clear. Therefore, it keeps food and beverages fresh for a longer period of time. At the same time, these plastics are microwavable, washable, and reusable. These factors are set to propel the injection molded plastics market growth in the coming years. Segment- Packaging Segment to Grow Considerably Stoked by Increasing Demand from People Based on application, the packaging segment held 35.59% in terms of injection molded plastics market share in 2019. The retail, pharmaceutical, and food & beverages applications are the main contributors to growth. This is because people are rapidly shifting towards plastic packaging from metal and glass ones. Regional Analysis- Asia Pacific to Remain at Forefront Owing to High Population & Urbanization In 2019, North America procured USD 51.11 billion in terms of revenue. The growth in this region is attributable to the presence of several reputed companies, as well as the increasing demand from the electronics and packaging industries. Asia Pacific is expected to dominate throughout the forthcoming years, with China being the major contributor. Rapid urbanization and increasing population would help the market for injection molded plastics in this region to grow. Information source: https://www.fortunebusinessinsights.com/injection-molded-plastics-market-101970

IQF Fruits Market Size Is Booming Worldwide IQF fruits are those that have been processed using IQF technology, which involves sending individual fruits to blast freezers for quick freezing in order to extend the fruits' shelf life and preserve them for a longer period of time. With the use of this technique, fruit can be preserved without losing its natural taste or texture.In the food and beverage industry, the shelf life of food goods is a crucial factor in determining consumer purchase decisions. Consumers are interested in the taste, quality, and cleanliness of the food goods they buy. The IQF technology is frequently used in the food and beverage sector to preserve food products and stop them from losing taste and quality before being consumed. Request For Free Sample: https://www.alliedmarketresearch.com/request-sample/17261 The major players operating in the IQF fruits industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the IQF fruits industry include AGRANA, Alasko Food Inc, AXUS International, LLC., Bsfoods, Capricorn Food Products India Ltd, Danone SA, Himgiri Group, RDM International, SunLeaf, and SunOpta.

Plastic Compounding Market Research Update, Size Estimation, Future Scope, Revenue Opportunities and Regional Forecast to 2026 The global plastic compounding industry size is set to gain traction from their increasing usage in the automotive and packaging industry. Besides, construction activities in emerging economies are increasing at a fast pace. In addition to that, ongoing technological advancements in the electrical and automotive industries would affect the market positively in the coming years. The demand for these products is also growing from the food and beverage industry as they help in reducing quality degradation and contamination. As per the report, the plastic compounding market size stood at USD 52.74 billion in 2018. It is set to reach USD 87.11 billion by 2026, thereby exhibiting a CAGR of 6.5% during the forecast period. Drivers & Restraints- Increasing Number of Commercial & Residential Projects to Augment Growth Nowadays, plastics are being used extensively in the insulation of infrastructures and buildings. Several products required for construction are made mainly by utilizing plastics. These include pipes, cables, doors, safety windows, and flooring. Compounded plastics possess numerous features that are similar to steel. They are resistant to harsh environmental conditions and rust, have robust strength, and are smooth in texture. In today’s world, the population is growing at a rapid rate across the globe. It is, in turn, upsurging the number of residential and commercial projects. Coupled with this, the rising awareness programs about state-of-the-art interiors are growing amongst the consumers. These factors are set to augment the plastic compounding market growth during the forthcoming years. However, the prices of raw materials required to produce compounded plastics keep on fluctuating. It may obstruct the market growth. Regional Analysis- Asia Pacific to Dominate Owing to High Demand for Low Emission Vehicles Geographically, the market is divided into Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America. Amongst them, Asia Pacific is anticipated to generate the highest plastic compounding market revenue in the coming years. The majority of this growth would be contributed by China and India, mainly because of the rising demand for low emission vehicles. It is helping the automotive sector to expand. Asia Pacific is considered to be the largest producer of construction, automobiles, industrial machinery, electrical & electronics, and packaging materials. Coupled with this, the ongoing economic development and growing industrialization are set to impact the market positively in this region. The U.S. in North America previously held the largest share stoked by high demand for plastic compounding from healthcare & pharmaceutical, as well as electrical & electronics industries. The region procured USD 10.02 billion market share in 2018. In Europe, Germany is likely to be the main contributor of growth on account of the rising production of electric vehicles. Browse Detailed Research: https://www.fortunebusinessinsights.com/plastic-compounding-market-102550

Plastic Compounding Market Key Drivers, Industry Size, Regional Investments and Top Segments Data Forecast The global plastic compounding industry size is set to gain traction from their increasing usage in the automotive and packaging industry. Besides, construction activities in emerging economies are increasing at a fast pace. In addition to that, ongoing technological advancements in the electrical and automotive industries would affect the market positively in the coming years. The demand for these products is also growing from the food and beverage industry as they help in reducing quality degradation and contamination. As per the report, the plastic compounding market size stood at USD 52.74 billion in 2018. It is set to reach USD 87.11 billion by 2026, thereby exhibiting a CAGR of 6.5% during the forecast period. Automotive & Transportation Segment to Hold the Highest Share Backed by Extensive Usage of Compounded Plastics In terms of application, the market is grouped into consumer goods/lifestyle, infrastructure & construction, industrial machinery, packaging, automotive & transportation, electrical & electronics, and others. Amongst these, the automotive and transportation segment is set to hold the largest plastic compounding market share during the forecast period. This growth is attributable to the increasing usage of compounded plastics in this industry. They lower the overall weight of the vehicle, which further increases the life and efficiency of the vehicle components. The infrastructure and construction segment held 14.6% share in 2018. Drivers & Restraints- Increasing Number of Commercial & Residential Projects to Augment Growth Nowadays, plastics are being used extensively in the insulation of infrastructures and buildings. Several products required for construction are made mainly by utilizing plastics. These include pipes, cables, doors, safety windows, and flooring. Compounded plastics possess numerous features that are similar to steel. They are resistant to harsh environmental conditions and rust, have robust strength, and are smooth in texture. In today’s world, the population is growing at a rapid rate across the globe. It is, in turn, upsurging the number of residential and commercial projects. Coupled with this, the rising awareness programs about state-of-the-art interiors are growing amongst the consumers. These factors are set to augment the plastic compounding market growth during the forthcoming years. However, the prices of raw materials required to produce compounded plastics keep on fluctuating. It may obstruct the market growth. Regional Analysis- Asia Pacific to Dominate Owing to High Demand for Low Emission Vehicles Geographically, the market is divided into Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America. Amongst them, Asia Pacific is anticipated to generate the highest plastic compounding market revenue in the coming years. The majority of this growth would be contributed by China and India, mainly because of the rising demand for low emission vehicles. It is helping the automotive sector to expand. Browse Detailed Research Insights with Impact of COVID-19 Analysis: https://www.fortunebusinessinsights.com/plastic-compounding-market-102550

The global beverage packaging industry size is projected to reach USD 177.04 Billion by 2026 on account of the rising adoption of inexpensive and lightweight packaging materials in the food and beverage industry. Beverage packaging can be utilized for a variety of products such as water, beer, soft drinks, spirits, coffee, wine, sports drinks, energy drinks, dairy products, juice, hard drinks, and others. As per the needs of consumers, they can be packaged in various shapes and sizes Information Source https://www.fortunebusinessinsights.com/beverage-packaging-market-102112 Market Drivers Increasing Demand for Carbonated Drinks will Propel Market Rapid modernization and urbanization and the rising popularity of on-the-go food and drinks have propelled the beverage packaging market growth. Ban on the use of plastic and the current trend of using bio-degradable packaging products has increased the demand for other beverage packaging products such as metal cans, glass bottles, and others, thereby boosting the market. Furthermore, the increasing tax imposed on sugar drinks has propelled the demand for carbonated drinks, ultimately driving the market for beverage packaging.