Analytical Standards Market by Type, Category (Primary, Secondary), Technique [Spectroscopy, Chromatography, Titrimetry], Industry [Environmental, Food (GMO, Carbohydrate), Petrochemistry (Diesel, Gasoline), Forensics], and Application – Global Forecast to 2027

The Analytical Standards Market is expected to grow at a CAGR of 6.8% from 2020 to 2027 to reach $2.66 billion by 2027. An analytical standard is a compound of known concentration and high purity, used as a calibration standard for a given assay. The growth in this market is majorly driven by rising safety concerns in the food and pharma industry, technological advancements leading to new product developments, and growing environmental safety concerns. Further, significant opportunities from an emerging market, continually growing biosimilars industry, and continuous advancements in separation techniques offer significant growth opportunities for the players operating in the analytical standards market.

Antiviral & Antimicrobial Coatings Market by Type (Antimicrobial, Antiviral), Material (Copper, Silver, Aluminum), Form (Powder, Aerosol), Application (Healthcare, Building & Construction, Automotive, Packaging), and Geography – Forecast to 2028

The Antiviral & Antimicrobial Coatings Market is expected to grow at a CAGR of 11.7% from 2021 to 2028 to reach $8.53 billion by 2028. Antiviral & antimicrobial coatings are used to restrict the growth of viruses and other microorganisms. These coatings provide long-lasting protection against microorganisms and help maintain permanent hygiene. They have wide applications in healthcare, building & construction, food & beverage, packaging, air & water treatment, automotive, protective clothing, and other industries like oil & gas, electronics, and aeronautics & defense.

The growth of this market is mainly attributed to the increasing incidence of healthcare-associated infections, the rising number of food product recalls due to microbial contamination, and government initiatives & funding for the development of antimicrobial coatings. Favorable development in the emerging economies is expected to offer significant growth opportunities for players in this market. However, stringent government regulation on the emission of volatile organic compounds (VOCs) is expected to restrain the growth of this market to a certain extent. Additionally, the growing antimicrobial resistance among micro-organisms is expected to pose challenges to market growth.

The growth of this market is attributed to the rising adoption of Industry 4.0 and the Internet of Things (IoT) technologies, increasing adoption of automation in various industries such as food and beverage, automotive, and electronics, and growth of pick and place robots in the e-commerce industry.

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According to a new market research report titled, ‘Transit Packaging Market by Type (Primary Packaging, Secondary Packaging, Tertiary Packaging, Ancillary Packaging), Sector (Food & Beverage, Pharmaceuticals, Retail & E-Commerce), and Geography – Global Forecast to 2030,’ the transit packaging market is projected to reach $152.7 billion by 2030, at a CAGR of 5.8% from 2023 to 2030.
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Transit packaging is a shipping unit that provides containment and protection to goods during handling, storage, and transportation. The utilization of transit packaging is gaining traction due to the rapidly growing e-commerce sector and the rising need for the safe transportation of products. In addition, the benefits offered by transit packaging solutions, such as convenience, easy handling, proper display, safety, and stacking, drive the growth of this market.

The surging use of transit packaging in the food & beverage sector, the growing adoption of corrugated boxes across various sectors, the growing demand for transit packaging in the pharmaceuticals sector, and the rapidly growing e-commerce sector are key factors driving the growth of the transit packaging market. However, the increasing overall packaging costs due to dynamic regulatory policies may restrain the market’s growth.

The growing need for eco-friendly packaging solutions and the rising demand for customized packaging are expected to create market growth opportunities. However, additional distribution channel costs are a major challenge for the players operating in this market. The internet of packaging and digital printing are the latest trends in the transit packaging market.

The transit packaging market is segmented by type (primary packaging [pouches, bags & sacks, cartons, foils, laminates, and wraps], secondary packaging [crates, trays], tertiary packaging [fiber boards, containers, pallets], ancillary packaging [printing & labeling, straps & tapes, cushioning material]), and sector (food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on type, in 2023, the primary packaging segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising need to protect and preserve finished products and the growing demand for primary packaging in the food & beverage and pharmaceuticals sectors. However, the secondary packaging segment is slated to register the highest CAGR during the forecast period.

Based on sector, in 2023, the food & beverage segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising demand for convenient and sustainable packaging solutions, the growth of the packaged foods industry in emerging economies, and the increasing demand for hygienic food packaging. However, the pharmaceuticals segment is slated to register the highest CAGR during the forecast period. The rising demand for drug delivery devices and blister packaging, growing pharmaceutical R&D spending, and the increasing utilization of primary packaging in the pharmaceuticals sector are expected to support the growth of this segment.

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Based on geography, the transit packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the transit packaging market. Asia-Pacific’s large market share is attributed to the presence of leading transit packaging providers and their increasing focus on developing eco-friendly packaging solutions. The surging use of transit packaging in the region’s food & beverage sector also supports the segment’s large share.

Moreover, Asia-Pacific is projected to register the highest CAGR during the forecast period. The infrastructural growth in APAC, especially in China, South Korea, India, Australia, Singapore, and Japan, the rapid growth of regional economies, and the region’s growing e-commerce sector offer growth opportunities for the players operating in the transit packaging market.

The key players operating in the transit packaging market are WestRock Company (U.S.), International Paper (U.S.) Greif, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group plc (U.K.), Smurfit Kappa Group plc (Ireland), DS Smith Plc (U.K.), Packaging Corporation of America (U.S.), Crown Holdings, Inc. (U.S.), Nefab Group AB (Sweden), Corplex (France), Smithpack Limited (U.K.), STI-Gustav Stabernack GmbH (Germany), GWP Group (U.K.), and Eltete TPM Ltd (Finland).

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U.S. Water and Wastewater Treatment Technologies Market by Treatment Technologies Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge, Clarification) and Application – Forecasts to 2029

The U.S. Water and Wastewater Treatment Technologies Market is expected to reach a value of $24.63 billion by 2029, at a CAGR of 5% during the forecast period 2022–2029. The growth of the U.S. water and wastewater treatment technologies market is attributed to stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases.

Furthermore, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for the vendors operating in the U.S. water and wastewater treatment technologies market. However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a notable extent. In addition, the aging and deterioration of existing water infrastructure are the challenges for the growth of the U.S. water and wastewater treatment technologies market.

Snack Processing Equipment Market by Equipment Type (Extruders, Dryers, Fryers, Flavoring, Seasoning), Mode of Operation (Automated, Semi-automated, Manual), and Application (Chips, Extruded Snacks, Nuts, Other Snacks) – Global Forecast to 2029

The Snack Processing Equipment Market is expected to grow at a CAGR of 6.6% from 2022–2029 to reach $1.8 billion by 2029. Snacks are ready-to-eat food; these products are one of the fastest-growing segments in the food industry. Chips & crisps, nuts & seeds, extruded snacks, noodles, and nutrition/cereal bars/balls are among the most commonly consumed snacks globally. Snacks are manufactured using various processes and equipment such as extruders, mixers, dryers, fryers, and seasoning & flavoring equipment.

The popularity of snacks is rising mainly due to the changes in lifestyles. The growing snacking trend is positively impacting the demand for snacks processing equipment. The snack processing equipment market is mainly driven by the increasing demand for snack food, innovations in snack food equipment, and the growing trend of healthy snacking.

Consumers' food habits are shifting from three meals a day to healthy snacks that can fulfill nutritional requirements and provide tasty snack options. The most commonly preferred snacks include corn puffs, fried extruded snacks, chips, and nuts & seeds. As per the data released by Specialty Food Association (U.S.), nearly 47% of consumers consume snacks as a daily part of their diet.

Factors driving global snack food consumption include busy lifestyles, easy & convenient food options, availability of various snack food products, and reduced carbohydrate content. The recent trend of eating on-the-go healthy snack foods, including low-calorie and protein-rich snacks, drives the demand for snacks and boosts the growth of the snack food processing equipment market.

On-the-go healthy snacks are easily consumable, packaged food preparations produced from healthy ingredients. On-the-go healthy snacks aid in managing digestive health and weight and reduces the risk of several lifestyle diseases such as diabetes, obesity, and cardiovascular diseases.

Increasing urban lifestyles and the rising health consciousness among consumers have increased the demand for healthy snacking options, such as nuts & seeds, protein bars, and meat snacks. Thus, snack food manufacturers are implementing new technologies in snack production, including tubular cable drag conveying systems, vacuum drying technology, and flexible packaging equipment to meet the increasing demand for snack food options, driving the growth of the snack processing equipment market.