#Meat Products Market Analysis
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Innovations Shaping the Future of the Meat Products Industry
The global meat products market, valued at USD 44.3 billion in 2023, is projected to grow at a robust 9.2% CAGR, reaching USD 68.9 billion by 2028. This sector, which includes beef, poultry, pork, lamb, and processed meats, is undergoing significant changes and innovations. The rising demand for meat products is driven by various factors, with no signs of slowing down.
A key driver of this growth is the expanding global population, particularly in emerging markets. As populations grow and disposable incomes rise, meat consumption increases, especially as a primary protein source. Urbanization also plays a crucial role, influencing dietary habits as people move to cities and seek out more convenient, processed meat options that cater to fast-paced lifestyles.
Meat Products Market Drivers: Demand for Convenience in Meat Products
The trend of urbanization, with more people migrating from rural areas to cities, has substantially impacted the meat products market. Urban living, characterized by busy schedules and limited time for meal prep, has led to a preference for processed and pre-packaged meat items. These products are highly appealing due to their convenience—such as pre-cut, marinated, and ready-to-cook options—making them ideal for urban consumers who prioritize time-saving meals. The compact living spaces and on-the-go nature of city life further boost the demand for these products, as they require minimal kitchen equipment and suit fast, portable meal preferences. Additionally, urban areas’ diverse culinary scene fuels the demand for processed meats that meet the varied tastes of multicultural populations. The assurance of food safety and quality also addresses urban consumers' concerns about access to fresh, locally sourced meat. In short, the convenience of processed and pre-packaged meats is a significant market driver, particularly in urban environments.
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Processed Meat Products Lead Market Share
In 2022, processed meat products, including cured, dried, smoked, roasted, and fermented varieties, accounted for the largest share of the meat products market. The growing demand for processed meats is influenced by multiple factors, including increasingly busy lifestyles. These products require little to no preparation, making them a popular choice for consumers looking for quick, easy meal solutions. Additionally, the variety of flavors and textures achieved through curing, smoking, and fermentation has attracted more adventurous consumers seeking new culinary experiences.
The globalization of food culture has further fueled this trend, exposing consumers to a wider range of culinary traditions and boosting demand for exotic flavors. Rising disposable incomes worldwide have made convenience foods like processed meats even more appealing, as they provide ready-to-eat or easy-to-prepare options. While health concerns may impact some purchasing decisions, the indulgent, savory nature of processed meats continues to attract consumers. Manufacturers are responding to these demands by offering healthier options, reflecting the market's evolving needs. Ultimately, the growing appetite for processed meats is a result of convenience, diverse culinary preferences, economic factors, and shifting consumer tastes.
Europe: The Fastest-Growing Meat Products Market
Europe is emerging as the fastest-growing market for meat products, driven by increasing health consciousness across the region. This rising awareness has spurred demand for meat products, with more manufacturers entering the market to meet this need. Sustainability concerns and a growing focus on healthier eating habits are key factors propelling this shift.
Health-conscious trends and new dietary preferences are shaping the European meat products market. The region is home to a large number of meat industry players, who are actively working to strengthen their market positions. These companies are employing strategies such as launching new products, expanding production capacities, and forming partnerships or acquiring competitors to enhance their regional presence. For example, Vion Group from the Netherlands has made significant investments to expand operations in eastern Germany, focusing on providing fresh, locally sourced beef and pork products. This approach supports regionalism in food retail, with an emphasis on organic options and sustainability through reduced carbon footprints and improved animal welfare by shortening transportation distances.
Key Players in the Meat Products Industry
Leading companies in the meat products market include Cargill, Incorporated (USA), JBS SA (Brazil), Tyson Foods, Inc. (USA), Hormel Foods Corporation (USA), and Vion Group (Netherlands). These industry giants are continuously innovating and adapting to meet the changing demands of the global market.
#Meat Products Market#Meat Products#Meat Products Market Size#Meat Products Market Share#Meat Products Market Growth#Meat Products Market Trends#Meat Products Market Forecast#Meat Products Market Analysis#Meat Products Market Report#Meat Products Market Scope#Meat Products Market Overview#Meat Products Market Outlook#Meat Products Market Drivers#Meat Products Industry#Meat Products Companies
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The meat products market is estimated at USD 44.3 billion in 2023 and is projected to reach USD 68.9 billion by 2028, at a CAGR of 9.2% from 2023 to 2028.
#Meat Products Market#Meat Products#Meat Products Market Size#Meat Products Market Share#Meat Products Market Growth#Meat Products Market Trends#Meat Products Market Forecast#Meat Products Market Analysis#Meat Products Market Report#Meat Products Market Scope#Meat Products Market Overview#Meat Products Market Outlook#Meat Products Market Drivers#Meat Products Industry#Meat Products Companies
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#Artificial Meat Products Market#Artificial Meat Products Market Size#Artificial Meat Products Market Growth#Artificial Meat Products Market Trends#Artificial Meat Products Market Analysis
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US Meat Snack Market Growth & Major Key Players.
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Explore comprehensive US Meat Snack Market analysis, stay updated with the latest US Meat Snack Market trends, and gain insights into the market's size and potential opportunities.
#Meat Market product#Meat Market insight#Meat Market share#Meat Market size#Meat Market analysis#Meat Market#Meat Market outlook#Meat Market research#Meat market Report
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Won't someone think of the egg prices!
By John Lindt
KERN COUNTY – The price of eggs is often used as a barometer for the economy, but this fall’s high prices are not the work of market factors, but rather migratory flights.
Avian flu is spreading along the path of birds’ southern migration for winter across California. As of Nov. 12, the U.S. Department of Agriculture (USDA) reported that a large egg ranch in Kern County has been impacted by bird flu resulting in the destruction of 2.15 million egg layers. This is the first case of HPAI in Kern County during the 2022-24 bird flu outbreak as it spread south heading into winter. Kern County is home to some of the state’s largest egg ranch operations.
The same day USDA also announced that avian flu hit two Fresno County poultry ranches, one a broiler ranch resulting in the killing of 237,700 chickens being prepped for meat and a turkey ranch requiring the destruction of 34,800 toms, or male turkeys. The news follows recent reports about avian flu spreading to Kings County poultry ranches resulting in the loss of over half a million birds and at another Fresno ranch. On Nov. 14, USDA added three more poultry ranches to the list of affected including one in Merced County, a turkey ranch with the loss of 53,200 birds and another one in Fresno County.
The locations of the poultry ranches are not far from the Pacific flyway, a major migratory route in the Western United States. In the case of Kern County, the egg ranch was close to the Kern Wildlife Refuge as well as nearby dairies. This is worrying observers that there appears to be a connection between all three vectors for the rapidly mutating virus.
Northern California poultry operations have been hard hit as well. Nationwide, outbreaks have claimed more than 21 million hens, so far in 2024.
Egg Prices In California the impact on egg prices has been significant.
On Nov. 13, the USDA reported that a dozen large, white cage-free eggs cost about $5.26 per dozen in California. This is according to USDA market data for the week of Nov. 8. USDA says this is a “benchmark” price. The price is up from $2.81 a month earlier. That is almost double the benchmark, but may not reflect retail.
The last time California eggs were this high was in February when California egg prices – cage-free egg prices – peaked at $5.59 per dozen.
The cases of infected birds correspond with fall bird migrations that are spreading the virus throughout the state. Detections are higher in fall and spring as wild birds spread the virus when they migrate. This year the bird flu has taken its toll with the outbreak of H5N1, a highly transmissible and fatal strain of avian influenza, or bird flu. The outbreak started in early 2022 and rapidly grew into the largest bird flu outbreak in U.S. history.
Most recently, outbreaks affecting more than 2.84 million egg layers were reported in October at commercial facilities in Oregon, Washington and Utah, according to the Centers for Disease Control and Prevention (CDC).
As of Nov. 8, the virus has affected over 105.2 million birds in the U.S. since January 2022, according to the CDC. The California egg shortage will likely have a pocketbook impact on holiday baking activity as the nation prepares for Thanksgiving; however, a recent USDA analysis suggests consumers may not see a huge jump.
“Large volume grocery retailers across the nation have launched their shell egg feature campaigns targeting holiday demand at relatively attractive price levels. Much of this is attributable to changes in the way shell eggs are being marketed with an increasing share (estimated at over half of all shell egg volume sold at retail) tied to production cost agreements not prone to fluctuation common in formula trading.”
There are about 378.5 million egg-laying chickens in the US. As of last year, there were 9.4 billion broiler chickens and 218 million turkeys processed, according to the USDA. Advocates note the high cost of the influenza just in the egg market. “With domestic sales of shell eggs and products amounting to seven billion dozen, consumers paid an incremental $15 billion as a result of the prolonged and uncontrolled infection.”
While bird flu is impacting poultry farms, another strain of the virus has impacted Central Valley dairies as well, spreading quickly since September to 291 dairy farms as of press time. Unlike poultry, dairy cows typically survive the virus, although milk production is expected to be impacted.
Avian flu is a worldwide phenomenon. In the past two weeks, the first cases of highly pathogenic avian influenza (HPAI) of the fall season have been reported in Albania, Great Britain, Romania, and now regions of Germany and Ukraine.
Despite the increase in US egg prices this holiday season, turkey prices are down from last year when supply was also affected by bird flu. Across the country, a 15-pound turkey costs an average of $31.16 ($2.08 per pound) in 2024, compared with $35.40 ($2.36 per pound) in 2023. That price reduction represents a price decrease of 12% from last year to now,” a report said. The lower price comes even as a U.S. Department of Agriculture report showed turkey production dipped more than 6% compared to this time last year.
Hen and Hoof The spread of this strain of the virus appears to be affecting both the Central Valley poultry and dairy industries at the same time.
Just before Sept. 1 there were no reports of the virus in the Valley’s dairy industry. But as of Nov. 15, there are almost 300 diaries, mostly in Tulare and Kings Counties, impacted with new ones being added every day.
The Valley poultry industry has been on a similar viral timeline which coincides with the annual bird migration along the Pacific flyway that happens each fall. H5N1 largely infects wild birds, with waterfowl such as ducks and geese being the natural reservoirs for H5N1 viruses. Most H5N1 viruses are highly pathogenic avian influenza, meaning spillovers into other bird populations can lead to high mortality rates, including domesticated poultry.
A compounding factor for the spread of the virus is that both livestock are often on land located right next door or just down the road. The Central Valley is home for both industries with animals, transported in and out, and service vehicles going in and out of these large facilities every day.
The industry website Egg-News this week pointed out that research shows that the infections can be transmitted over a distance of up to a mile while attached to dust particles. Fall is harvest for a number of crops, including the nut industry, sending up plumes of dust in the Valley sky, at times associated with winds.
Egg-News points out that dairy cow-associated H5N1 viruses have jumped back into wild birds, and recent outbreaks in domestic poultry resembled H5N1 in dairy cows.
In an editorial Egg-News said “APHIS Needs a New Approach to Control HPAIr.” They recommend that USDA’s Animal and Plant Health Inspection Service (APHIS) adopt vaccination as a disease control strategy for bird flu, with promising results from clinical trials. In May 2023, the U.S. authorized the vaccination of California condors against a type of avian flu.
Also, the USDA has approved field trials to test vaccines that could prevent dairy cows from getting the H5N1 strain of bird flu. The USDA approved the first field trials for the vaccine in September 2024. The USDA’s Center of Veterinary Biologics (CVB) is overseeing the trials. At least 24 companies are working on the vaccine, including Zoetis and Merck Animal Health.
If vaccines can save the U.S. poultry and dairy industry over the next year, the industry may have to worry about who heads up the U.S. Department of Health and Human Services (HHS), the agency which authorizes vaccines for animals and humans. Nominee Robert F. Kennedy, Jr. has made it clear he is anti-vaccine but has yet to comment on the use of vaccines in agriculture if he is confirmed for the role.
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ok. References: https://www.mdpi.com/2072-6643/14/23/5115
https://www.pcrm.org/news/health-nutrition/vegan-diet-better-environment-mediterranean-diet
https://www.theguardian.com/environment/2023/jul/20/vegan-diet-cuts-environmental-damage-climate-heating-emissions-study
https://www.ethicalconsumer.org/food-drink/shopping-guide/vegan-meat-alterantive-food-brands
Including books like Sustainable Living and 100 Ways to Live Sustainably.
My response under a read more since it got long
First link:
This study is not necessarily advocating for vegan or vegetarian diets, and it mentions that in the introduction. It mentions instead its evaluation of overconsumption of animal products and underconsumption of various plant sources.
The study also mentions that vegans and vegetarians tend to consume more fruits, vegetables, and legumes and in more variety, as well as fewer refined cereals, added fats and sweets, and non-water beverages. This is known as the healthy user bias. The study even mentions that "the differences in terms of health outcomes ... cannot be directly linked only to the different consumption of protein sources." Even their own analysis of various studies find that most results aren't statistically significant, and those that do have significant statistical correlation include flexitarians, pescetarians, and lacto-ovo vegetarians and exclude vegans.
Second link
This article references two different studies, "Environmental Impact of Two Plant-Based, Isocaloric and Isoproteic Diets: The Vegan Diet vs. the Mediterranean Diet" and "A Mediterranean Diet and Low-Fat Vegan Diet to Improve Body Weight and Cardiometabolic Risk Factors: A Randomized, Cross-over Trial."
For the first, this goes into one of my main complaints about dietary sustainability analysis in that the calculations are all hypothetical. It does not study if an individual's personal food choices make an impact on foods being produced. I am not arguing that livestock do not have a significant environmental impact or that agriculture does not damage the Earth. They clearly do. But I'm not a libertarian that thinks the free market will solve the ingrained issues with how food is produced.
My other issue with studies like this is that it groups all livestock together and all crops together. Cattle, chickens, fish, shellfish, goats, etc. all have a very different environmental impact. Almonds, wheat, apples, avocados, beans, rice etc. also all have very different environmental impacts. Painting agriculture with broad brushes like this is, in my opinion, not very helpful. I'm also not interested in pointing out the harmful impact of one side of agriculture while completely supporting the other side and acting like we can ignore that. I am more interested in food raised using sustainable techniques vs. industrially grown food rather than pitting animals and plants against each other as a whole. I am anti-capitalist and I do not make my food and animal activism to still be playing into capitalism. I also dislike pretending that crops and livestock are mutually exclusive industries that do not fundamentally play into each other.
As for the second study, I find this one far more interesting but I do have a few things to point out. The study does not mention what the lifestyles of the participants were before the study began, only that they were overweight. It seems to be operating under the assumption that thinner automatically means healthier, which isn't necessarily the case. But are participants normally eating tons of junk food with little fresh fruits and vegetables and then switching to more balanced diets prepared at home? Considering participants are also specifically asked to avoid sweetened drinks, processed meats and snacks, and cream and to limit cured ham and fatty cheeses, there are almost definitely other factors at play than simply meat vs plants. Second, participants attended classes taught by dieticians and physicians. Of course people would be healthier following instructions by people formally educated in health. Third, it is noted that several participants out of 52 change medications during the study, which can impact results.
Third link
See my points from link 2.
Fourth link
I like the recommendations made for vegan companies here. They suggest making some foods at home and avoiding companies that use palm oil or soy from South America as well as brands like Nestle that are famously known for damaging environments all over the world and harming people especially in poor countries. I will add though that this is harder than it looks due to brands having parents companies and Nestle owns lots and lots of companies. Which also plays into my point that personal choice is so insignificant when up against monsters like Nestle that own so much power.
In short, studies like these can provide some helpful data but they do also miss many important pieces because sustainability and nutrition are such complex topics that do not come with easy answers. I also take all studies with a grain of salt because they are all going to still work under the assumption of a capitalist world. My perspective is anti-capitalist and about an uprooting of our relationship to food and agriculture. Under a capitalist system the best we can do is harm reduction and based on trends of the food market I do not see that vegan diets make a material difference. Rather I promote choices that uplift community food, pressure changes to industry norms including legislative pressure, and socialist activism that benefits people and in turn the animals we live next to. Overproduction and overconsumption are real issues.
I'd like to offer my own studies and references but looking through these has used up all my spoons. My recommendations on books though are Braiding Sweetgrass by Robin Wall Kimmerer and Cows Save The Planet by Judith D. Schwartz.
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Acetic Acid Market - Forecast(2024 - 2030)
Acetic Acid Market Overview
Acetic Acid Market Size is forecast to reach $14978.6 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Acetic acid, also known as ethanoic acid, is a colorless organic liquid with a pungent odor. The functional group of acetic acid is methyl and it is the second simplest carboxylic acid. It is utilized as a chemical reagent in the production of many chemical compounds. The major use of acetic acid is in the manufacturing of vinyl acetate monomer, acetic anhydride, easter and vinegar. It is a significant industrial chemical and chemical reagent used in the production of photographic film, fabrics and synthetic fibers. According to the Ministry of Industry and Information Technology, from January to September 2021, the combined operating revenue of 12,557 major Chinese garment companies was US$163.9 billion, showing a 9% increase. Thus, the growth of the textile industry is propelling the market growth for Acetic Acid.
Report Coverage
The “Acetic Acid Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Acetic Acid industry.
By Form: Liquid and Solid.
By Grade: Food grade, Industrial grade, pharmaceutical grade and Others.
By Application: Vinyl Acetate Monomer, Purified Terephthalic Acid, Ethyl Acetate, Acetic Anhydride, Cellulose Acetate, Acetic Esters, Dyes, Vinegar, Photochemical and Others
By End-use Industry: Textile, Medical and Pharmaceutical, Oil and Gas, Food and Beverages, Agriculture, Household Cleaning Products, Plastics, Paints & Coating and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).
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Key Takeaways
The notable use of Acetic Acid in the food and beverages segment is expected to provide a significant growth opportunity to increase the Acetic Acid Market size in the coming years. As per the US Food and Agriculture Organization, world meat production reached 337 million tonnes in 2019, up by 44% from 2000.
The notable demand for vinyl acetate monomer in a range of industries such as textile finishes, plastics, paints and adhesives is driving the growth of the Acetic Acid Market.
Increase in demand for vinegar in the food industry is expected to provide substantial growth opportunities for the industry players in the near future in the Acetic Acid industry.
Acetic Acid Market Segment Analysis – by Application
The vinyl acetate monomer segment held a massive 44% share of the Acetic Acid Market share in 2021. Acetic acid is an important carboxylic acid and is utilized in the preparation of metal acetates and printing processes, industrially. For industrial purposes, acetic acid is manufactured by air oxidation of acetaldehyde with the oxidation of ethanol, butane and butene. Acetic acid is extensively used to produce vinyl acetate which is further used in formulating polyvinyl acetate. Polyvinyl acetate is employed in the manufacturing of plastics, paints, textile finishes and adhesives. Thus, several benefits associated with the use of vinyl acetate monomer is boosting the growth and is expected to account for a significant share of the Acetic Acid Market.
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Acetic Acid Market Segment Analysis – by End-use Industry
The food and beverages segment is expected to grow at the fastest CAGR of 7.5% during the forecast period in the Acetic Acid Market. Acetic Acid is also known as ethanoic acid and is most extensively used in the production of vinyl acetate monomer. Vinyl acetate is largely used in the production of cellulose acetate which is further used in several industrial usage such as textiles, photographic films, solvents for resins, paints and organic esters. PET bottles are manufactured using acetic acid and are further utilized as food containers and beverage bottles. In food processing plants, acetic acid is largely used as cleaning and disinfecting products. Acetic acid is extensively used in producing vinegar which is widely used as a food additive in condiments and the pickling of vegetables. According to National Restaurant Association, the foodservice industry is forecasted to reach US$898 billion by 2022. Thus, the advances in the food and beverages industry are boosting the growth of the Acetic Acid Market.
Acetic Acid Market Segment Analysis – by Geography
Asia-Pacific held a massive 41% share of the Acetic Acid Market in 2021. This growth is mainly attributed to the presence of numerous end-use industries such as textile, food and beverages, agriculture, household cleaning products, plastics and paints & coatings. Growth in urbanization and an increase in disposable income in this region have further boosted the industrial growth in this region. Acetic acid is extensively used in the production of metal acetates, vinyl acetate and vinegar which are further utilized in several end-use industries. Also, Asia-Pacific is one of the major regions in the domain of plastic production which provides substantial growth opportunities for the companies in the region. According to Plastic Europe, China accounted for 32% of the world's plastic production. Thus, the significant growth in several end-use industries in this region is also boosting the growth of the Acetic Acid Market.
Acetic Acid Market Drivers
Growth in the textile industry:
Acetic Acid, also known as ethanoic acid, is widely used in the production of metal acetate and vinyl acetate which are further used in the production of chemical reagents in textiles, photographic films, paints and volatile organic esters. In the textile industry, acetic acid is widely used in textile printing and dyes. According to China’s Ministry of Industry and Information Technology, in 2020, textile and garment exports from China increased by 9.6% to US$291.22 billion. Also, according to the U.S. Department of Commerce, from January to September 2021, apparel exports increased by 28.94% to US$4.385 billion, while textile mill products rose by 17.31% to US$12.365 billion. Vinyl acetate monomer is utilized in the textile industry to produce synthetic fibers. Thus, the global growth in demand for textiles is propelling the growth and is expected to account for a significant share of the Acetic Acid Market size.
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Surge in use of vinegar in the food industry:
The rapid surge in population along with the adoption of a healthy and sustainable diet has resulted in an increase in demand for food items, thereby increasing the global production level of food items. As per US Food and Agriculture Organization, in 2019, global fruit production went up to 883 million tonnes, showing an increase of 54% from 2000, while global vegetable production was 1128 million tonnes, showing an increase of 65%. Furthermore, world meat production reached 337 million tonnes in 2019, showing an increase of 44% from 2000. Acetic acid is majorly used in the preparation of vinegar which is further widely utilized as a food ingredient and in personal care products. Vinegar is used in pickling liquids, marinades and salad dressings. It also helps to reduce salmonella contamination in meat and poultry products. Furthermore, acetic acid and its sodium salts are used as a food preservative. Thus, the surge in the use of vinegar in the food industry is boosting the growth of the Acetic Acid Market.
Acetic Acid Market Challenge
Adverse impact of acetic acid on human health:
Acetic Acid is considered a strong irritant to the eye, skin and mucous membrane. Prolong exposure to and inhalation of acetic acid may cause irritation to the nose, eyes and throat and can also damage the lungs. The workers who are exposed to acetic acid for more than two or three years have witnessed upper respiratory tract irritation, conjunctival irritation and hyperkeratotic dermatitis. The Occupational Safety and Health Administration (OSHA) reveals that the standard exposure to airborne acetic acid is eight hours. Furthermore, a common product of acetic acid i.e., vinegar can cause gastrointestinal tract inflammatory conditions such as indigestion on excess consumption. Thus, the adverse impact of Acetic Acid may hamper the market growth.
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Acetic Acid Industry Outlook
The top 10 companies in the Acetic Acid Market are:
Celanese Corporation
Eastman Chemical Company
LyondellBasell
British Petroleum
Helm AG
Pentoky Organy
Dow Chemicals
Indian Oil Corporation
Daicel Corporation
Jiangsu Sopo (Group) Co. Ltd.
Recent Developments
In March 2021, Celanese Corporation announced the investment to expand the production facility of vinyl portfolio for the company’s acetyl chain and derivatives in Europe and Asia.
In April 2020, Celanese Corporation delayed the construction of its new acetic acid plant and expansion of its methanol production by 18 months at the Clear Lake site in Texas.
In October 2019, BP and Chian’s Zhejiang Petroleum and Chemical Corporation signed MOU in order to create a joint venture to build a 1 million tonne per annum Acetic Acid plant in eastern China.
Key Market Players:
The Top 5 companies in the Acetic Acid Market are:
Celanese Corporation
Ineos Group Limited
Eastman Chemical Company
LyondellBasell Industries N.V.
Helm AG
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#Acetic Acid Market#Acetic Acid Market Share#Acetic Acid Market Size#Acetic Acid Market Forecast#Acetic Acid Market Report#Acetic Acid Market Growth
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The Age of the Soybean: An Environmental History of Soy During the Great Acceleration
Edited by Claiton Marcio da Silva & Claudio de Majo (2022, open access!)
The soybean is far more than just a versatile crop whose derivates serve the protein needs of a meatless diet. One of the world’s most important commodities, soy represents the embodiment of mechanised industrial agriculture and is one of the main actors behind the socioeconomic, political and ecological transformations of industrial farming in several world regions. Despite the crop’s potential as a cheap source of vegetal protein for human consumers, most industrial soybean production has fuelled the global meat industrial complex, as animal feed. Soybean is thus, paradoxically, still a relatively ‘invisible’ crop to the public at large, although its global yields continue to increase at stupendous rates, lining the pockets of agribusiness and to the detriment of traditional agriculture. The transnational socio-ecological and economic entanglements characterising this versatile legume’s global expansion have prompted scholarly attention as researchers around the world have begun to unveil the main historical drivers behind the rise of the soybean in the global food chain. This book aims to expand the analysis, offering the most significant effort so far at an environmental history of soybeans. Interrogating the socioeconomic and ecological transformations determined by (and determining) the rise of soy in international food chains during the Great Acceleration, the volume gathers contributions from an international cast of researchers, working in numerous geographical contexts, from Japan and China, to India, African nations, the Southern Cone of Latin America, Northern Europe and the United States. Soybean farming, breeding, processing and marketing have bound together the histories of these diverse regions and altered beyond recognition their ecological and socio-economic contexts.
Globalizing the Soybean: Fat, Feed, and Sometimes Food, c. 1900–1950 Ines Prodöhl (2023, PDF open access)
Ines Prodöhl’s Globalizing the Soybean: Fat, Feed, and Sometimes Food, c. 1900-1950 (Routledge, 2023) is a history of how, why, and where the soybean became a critical ingredient in industry and agriculture in the first half of the twentieth century. Focusing on Japanese-dominated Manchuria, Germany, and the United States, Prodöhl shows that the soybean was a serendipitous solution to numerous and varied crises from the beginning of the century into the post-WWII decades. This story of imperialism, globalization, and technology begins in northeast China, the world’s soy cultivation center until the 1940s. It takes us to Germany, the number one importer of soybeans in the interwar period, and illuminates the various ways in which soy was integrated into the economy especially after the end of WWI as both an invaluable oilseed for industry and a source of protein-rich fodder for agriculture. Finally, Prodöhl explores how the United States first adopted the soybean mostly as a solution to overtaxed soils. Mixing economic, ecological, political, and technological/scientific history with a keen sense of the materiality of soy as a global product, Globalizing the Soybean is an accessible and enlightening book that will appeal to multiple audiences.
The Government of Beans: Regulating Life in the Age of Monocrops
Kregg Hetherington (2020)
The Government of Beans is about the rough edges of environmental regulation, where tenuous state power and blunt governmental instruments encounter ecological destruction and social injustice. At the turn of the twenty-first century, Paraguay was undergoing dramatic economic, political, and environmental change due to a boom in the global demand for soybeans. Although the country's massive new soy monocrop brought wealth, it also brought deforestation, biodiversity loss, rising inequality, and violence. Kregg Hetherington traces well-meaning attempts by bureaucrats and activists to regulate the destructive force of monocrops that resulted in the discovery that the tools of modern government are at best inadequate to deal with the complex harms of modern agriculture and at worst exacerbate them. The book simultaneously tells a local story of people, plants, and government; a regional story of the rise and fall of Latin America's new left; and a story of the Anthropocene writ large, about the long-term, paradoxical consequences of destroying ecosystems in the name of human welfare.
The Story of Soy
Christine M. Du Bois (2018)
The humble soybean is the world’s most widely grown and most traded oilseed. And though found in everything from veggie burgers to cosmetics, breakfast cereals to plastics, soy is also a poorly understood crop often viewed in extreme terms—either as a superfood or a deadly poison. In this illuminating book, Christine M. Du Bois reveals soy’s hugely significant role in human history as she traces the story of soy from its domestication in ancient Asia to the promise and peril ascribed to it in the twenty-first century. Traveling across the globe and through millennia, The Story of Soy includes a cast of fascinating characters as vast as the soy fields themselves—entities who’ve applauded, experimented with, or despised soy. From Neolithic villagers to Buddhist missionaries, European colonialists, Japanese soldiers, and Nazi strategists; from George Washington Carver to Henry Ford, Monsanto, and Greenpeace; from landless peasants to petroleum refiners, Du Bois explores soy subjects as diverse as its impact on international conflicts, its role in large-scale meat production and disaster relief, its troubling ecological impacts, and the nutritional controversies swirling around soy today. She also describes its genetic modification, the scandals and pirates involved in the international trade in soybeans, and the potential of soy as an intriguing renewable fuel. Featuring compelling historical and contemporary photographs, The Story of Soy is a potent reminder never to underestimate the importance of even the most unprepossesing sprout.
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Experts say that what we see on screen can help shape our sense of what’s normal – and therefore acceptable. Unfortunately, what we’re shown on TV is rarely a great guide for how we might begin reducing the climate impacts of food, which accounts for somewhere between 25% and 33% of the planet’s greenhouse gas emissions. “Food systems are a vital piece of the climate puzzle,” said Ellis Watamanuk, senior director at Rare, a behavioral science-focused environmental non-profit. “Even if we got rid of fossil fuels today, we would still have to change the way we’re eating.” ... According to analysis from Rare, switching to a vegan or even just a “climatarian” diet (which excludes beef, lamb and goat, and limits poultry, pork and fish) is one of the most impactful climate actions a person can take – more so than sourcing food locally, recycling or skipping a flight from New York to Los Angeles. ... The oil and gas lobby has spent millions of dollars to convince the general public – and celebrity chefs – that gas appliances make for a better cooking experience. People often forget that “cooking with gas” isn’t some charming colloquialism, but a marketing term that the industry began pushing in the 1930s. ... An increasing number of professional chefs are switching simply because induction stoves are more precise, easier to clean, quieter and don’t heat up the whole kitchen unpleasantly. ... Just know that “you don’t need all these fancy tools – you can use what you already have on hand to make a really beautiful or hearty dish.”
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About one-third of all shark species are threatened—and tens of millions are killed each year by commercial fishing industries. Photograph By David Maupile/Laif/Redux
Sharks Are Still Being Killed At High Rates—Despite Bans On Finning
Shark fishing regulations, including bans on cutting off fins, increased tenfold since 2000. Yet a new study shows that deaths may have actually ticked up as new markets for shark meat emerge.
— By Tim Vernimmen | January 11, 2024
In 2019 at least 79 million sharks died in fisheries, and at least 25 million of those belonged to threatened species—numbers that have stayed steady or even risen in the past decade.
Compared to 10 years ago, fewer of those sharks died because people cut off their fins and threw them back into the sea—a practice known as finning that is now prohibited in about 70 percent of countries and overseas territories. But regulations that have reduced the frequency of finning have not saved shark lives, an international research team reports in the journal Science this week.
“If anything, global shark mortality has slightly increased,” says Boris Worm, a marine ecologist at Dalhousie University in Canada. Now most sharks are landed whole, and a growing demand for shark products has driven fisheries to continue catching the animals.
Worm and seven colleagues spent the past three years collecting data on shark mortality and fishery regulations. “This was really a challenge,” he says, “as shark fisheries are notoriously underreported. We compiled everything we could find, from catch numbers to data from observers on boats in international waters to estimates of coastal fishing that include recreational, artisanal, and even illegal fishing.”
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Employees of the Kowalski fishing industry in Santa Catarina, Brazil, wash sharks recently caught in ocean fishing. Photograph By Victor MoriyamaFor National Geographic
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A counter in a Chinese medicine shop in Taipei sells shark fins. Photograph By Michael Wolf Estate/Laif/Redux
The global analysis reveals that even though there has been a tenfold increase in regulations on shark fishing and finning, mortality in the past decade remained more or less the same, with estimates of 76 million dead sharks due to fishing in 2012 and at least 80 million in 2018. Given that not all catches are reported in sufficient detail and some aren’t recorded at all, the researchers say, the number of deaths is likely to be significantly higher.
A Shark 🦈 Market
Marine ecologist Nicholas Dulvy of Simon Fraser University in Canada, who has not involved in the study, points out finning regulations did help “to ensure many catches could be identified to the species level, which is necessary for catch and trade limits” and also aids research. “Regulation of international trade has now begun, with the protection of over 100 shark species under the Convention on International Trade in Endangered Species of Wild Fauna and Flora,” he says.
While these trade regulations appear to have led to fewer sharks getting killed in international fisheries, coastal fisheries have started catching more sharks.
To try to understand why that might be, the researchers interviewed 22 experts including scientists, conservationists, and people working in fisheries or companies that process shark products. “They’ve told us that existing markets for shark products have expanded,” says marine conservation scientist Laurenne Schiller of Carleton University in Canada, a co-author of the study. “Which may be due in part to the increased availability of sharks resulting from anti-finning regulations.”
Shark meat, even from endangered sharks, is increasingly found in a variety of food products, and not just in still-popular shark fin soup. Shark is also often used in fish and chips, in ceviche, or as a fraudulent alternative for swordfish.
In addition, shark cartilage and liver oil are common ingredients in the medical and cosmetics industries. “Many beauty products contain squalene,” Schiller says, “which usually, but not necessarily, derives from sharks. So it’s good to look for products that use plant-based alternatives instead.”
The researchers say that that to save sharks, anti-finning laws clearly do not suffice, and there need to be more extensive fishing regulations.
“There are 29 countries and overseas territories that have already prohibited shark fishing in their waters,” says Worm. “The Bahamas, for example, have discovered that sharks were worth much more as a dive attraction for the ecotourism industry, which is booming. On average, we see such prohibitions are the only tool that consistently reduced mortality, so we would encourage that.”
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Fishermen go out fishing sharks in Cananeia, a coastal town in the state of São Paulo, Brazil. Restrictions on species allowed for fishing have led many local fishermen to specialize in other fish and crustaceans such as shrimp and sea bass. Photograph By Victor MoriyamaFor National Geographic
Gillnets Kill
In places where people depend on fisheries for their livelihoods or sustenance, bans may not be appropriate, but keeping fisheries at sustainable levels is crucial to maintaining wild populations.
“This includes, of course, science-based catch limits for sharks,” says Schiller. “But many interviewees also told us about the dangers of unselective fishing gears, like gillnets.” These walls of netting that hang vertically in the water column are designed to catch fish by their gills, and they tend to entangle every animal that is too large to fit through the mesh. “Our own analyses show they are commonly used in the places we identify as mortality hotspots. So phasing them out and encouraging more selective practices in places like Indonesia, Brazil, Mauritania, or Mexico could have a big impact,” Schiller says.
“We know that shark populations are under enormous pressure from fishing throughout much of the world’s oceans,” says marine biologist Colin Simpfendorfer of James Cook University in Australia, who was not involved in the study, “and the data presented in this new paper add further evidence.”
While finning regulations have not led to decreased shark deaths, Simpfendorfer points out they weren’t designed to reduce catches, but to prevent suffering and the waste of sharks being killed for their fins alone.
Without increased efforts to protect sharks, at least one in three species will face the threat of extinction, and many more are suffering population declines.
“I have many colleagues who are oceanographers, and they tell me that in the 70s and 80s, there were always sharks following the vessel because of the kitchen scraps they threw overboard—typically oceanic whitetips, a formerly very abundant species that is now endangered and hardly ever seen. I’ve never seen one in my life,” says Worm. “That’s when you get that sinking feeling that something is really wrong with the way we’re treating them. We should fix that, and we can.”
#Animal#Wild Watch#The National Geographic Society#National Geographic#Killing of Sharks 🦈 🦈 🦈#Tim Vernimmen#Brazil 🇧🇷#China 🇨🇳#Dalhousie University | Canada 🍁 🇨🇦#Boris Worm#Nicholas Dulvy | Simon Fraser University | Canada 🇨🇦 🍁#Scientist Laurenne Schiller | Carleton University | Canada 🇨🇦 🍁#Wild Fauna and Flora#A Shark 🦈 Market#Bahamas 🇧🇸#Indonesia 🇮🇩 | Brazil 🇧🇷 | Mauritania 🇲🇷 | Mexico 🇲🇽
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Self-heating Food Packaging Market: Catering to the Changing Lifestyles of Consumers
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Self-heating food packaging refers to a specialized packaging solution that incorporates an integrated heating technology to heat food products without the need for an external heat source. This innovative packaging concept has gained significant popularity in recent years due to its convenience, portability, and ability to provide hot and fresh food on the go. The self-heating food packaging market has witnessed substantial growth and is expected to continue expanding as consumers increasingly seek convenient and time-saving food solutions.
Market Overview:
The self-heating food packaging market has experienced a rapid surge in demand owing to changing consumer lifestyles, the rise of on-the-go eating habits, and the need for instant and hassle-free meal options. This market segment caters to a diverse range of food products, including ready-to-eat meals, soups, beverages, and even baby food.
Key Market Drivers:
• Convenience and Portability: Self-heating food packaging offers consumers the ability to enjoy hot and fresh meals anytime, anywhere, without the need for traditional heating methods. • Time-saving Solution: In today's fast-paced world, self-heating food packaging provides a quick and convenient solution for busy individuals who have limited time for meal preparation. • Increased Outdoor Activities: The growing trend of outdoor activities such as camping, hiking, and sports events has led to a rise in demand for self-heating food packaging among adventure enthusiasts. • Product Innovation: Continuous advancements in self-heating technology, packaging materials, and designs have expanded the market's potential and attracted consumers looking for unique and novel food experiences.
Market Segmentation:
The self-heating food packaging market can be segmented based on various factors:
Packaging Type:
a. Self-heating Cans: Traditional metal cans with integrated heating elements that activate upon the press of a button. b. Self-heating Pouches: Flexible pouches with heating elements that utilize chemical reactions or electric currents to heat the food contents.
Application:
a. Ready-to-eat Meals: This includes various cuisines, such as pasta, rice dishes, curries, and meat-based products. b. Soups and Beverages: Self-heating packaging solutions for soups, coffee, tea, hot chocolate, and other hot beverages. c. Baby Food: Self-heating containers designed specifically for heating and serving baby food while on the go.
Distribution Channel:
a. Supermarkets and Hypermarkets b. Convenience Stores c. Online Retailers d. Others (Vending Machines, Specialty Stores)
Regional Analysis:
• North America: The United States and Canada are major contributors to the self-heating food packaging market due to the increasing demand for convenient and on-the-go meal options. • Europe: Countries like the United Kingdom, Germany, France, and Italy have witnessed substantial growth in the self-heating food packaging market, driven by changing consumer preferences and busy lifestyles. • Asia Pacific: Rapid urbanization, hectic work schedules, and increasing disposable income levels in countries like China, Japan, South Korea, and India have fueled the demand for self-heating food packaging. • Rest of the World: Emerging markets in Latin America, the Middle East, and Africa are also witnessing a rise in demand for self-heating food packaging due to changing consumer behavior and rising disposable incomes.
Competitive Landscape:
The self-heating food packaging market is characterized by the presence of several key players who are actively engaged in product innovation, partnerships, and expansion strategies. Some of the prominent companies operating in this market include:
HeatGen™ Crown Holdings Inc. The 42 Degrees Company Hot-Can Lekispak Tempra Technology
These companies are investing in research and development to enhance the functionality, safety, and sustainability of self-heating food packaging solutions. Additionally, strategic collaborations with food manufacturers, retailers, and e-commerce platforms are helping them expand their market reach.
Conclusion:
The self-heating food packaging market is witnessing substantial growth driven by consumer demand for convenient and time-saving food solutions. The ability to enjoy hot and fresh meals on the go without the need for traditional heating methods is a key factor propelling market expansion. As technology advances and product innovation continues, the self-heating food packaging market is poised for further growth and presents significant opportunities for companies operating in this segment.
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The meat products market is estimated at USD 44.3 billion in 2023 and is projected to reach USD 68.9 billion by 2028, at a CAGR of 9.2% from 2023 to 2028. The global market for meat products is a dynamic and diverse sector within the food industry, covering a range of items such as beef, poultry, pork, lamb, and processed meats. In recent times, there has been a consistent uptrend in the demand for meat products, spurred by various factors, and there are no indications of this trend slowing down.
#Meat Products Market#Meat Products#Meat Products Market Size#Meat Products Market Share#Meat Products Market Growth#Meat Products Market Trends#Meat Products Market Forecast#Meat Products Market Analysis#Meat Products Market Research Report#Meat Products Market Scope#Meat Products Market Overview#Meat Products Market Outlook
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The meat products market is estimated at USD 44.3 billion in 2023 and is projected to reach USD 68.9 billion by 2028, at a CAGR of 9.2% from 2023 to 2028. The global market for meat products is a dynamic and diverse sector within the food industry, covering a range of items such as beef, poultry, pork, lamb, and processed meats. In recent times, there has been a consistent uptrend in the demand for meat products, spurred by various factors, and there are no indications of this trend slowing down.
#Meat Products Market#Meat Products#Meat Products Market Size#Meat Products Market Share#Meat Products Market Growth#Meat Products Market Trends#Meat Products Market Forecast#Meat Products Market Analysis#Meat Products Market Report#Meat Products Market Scope#Meat Products Market Overview#Meat Products Market Outlook#Meat Products Market Drivers#Meat Products Industry#Meat Products Companies
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Indian Vegan Food Market Is Estimated To Witness High Growth Owing To Shift Towards Plant-Based Diets
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The global Indian Vegan Food Market is estimated to be valued at US$16.5 Bn in 2022 and is expected to exhibit a CAGR of 8.1% over the forecast period of 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Indian Vegan Food Market refers to the market for plant-based food products that are suitable for vegans, who follow a diet that excludes meat, dairy, eggs, and other animal-derived ingredients. The market offers a wide range of vegan food products such as plant-based meat substitutes, dairy alternatives, plant-based snacks, and desserts. These products are gaining popularity among consumers due to their various advantages. Vegan food is known to have health benefits as it is rich in nutrients, fiber, and antioxidants. It also helps in reducing the risk of chronic diseases, promoting weight loss, and improving overall well-being. Moreover, the growing concerns about animal welfare and the environmental impact of animal agriculture are driving the demand for vegan food products. Market Key Trends: One key trend observed in the Indian Vegan Food Market is the shift towards plant-based diets. Increasing awareness about the health benefits of vegan food and growing concerns about animal welfare and the environment are leading to a rising number of people adopting plant-based diets. According to a survey by The Good Food Institute, around 79% of Indians are open to adopting plant-based diets. This trend is driven by millennials and Gen Z consumers who are more conscious about their health, the environment, and animal welfare. The demand for vegan alternatives to traditional animal-based products such as milk, meat, and eggs is witnessing significant growth. For example, One Good (formerly Goodmylk), a key player in the Indian Vegan Food Market, offers plant-based milk alternatives made from nuts and seeds, catering to the growing demand for dairy alternatives. PEST Analysis: - Political: The Indian government has been taking initiatives to promote veganism and plant-based diets. For instance, in 2021, the Indian Council of Medical Research (ICMR) released its first-ever guidelines on vegetarian and vegan diets, emphasizing the health benefits of these diets. This political support is expected to drive the growth of the Indian Vegan Food Market. - Economic: The Indian economy is witnessing steady growth, leading to increased disposable income among consumers. This higher disposable income is enabling consumers to spend more on premium and healthier food options, including vegan food products. - Social: Changing lifestyle patterns, increasing awareness about health and wellness, and a growing vegan population are the key social factors driving the demand for vegan food products in India. Key Takeaways: - The global Indian Vegan Food Market Demand is expected to witness high growth, exhibiting a CAGR of 8.1% over the forecast period, due to increasing awareness about the health benefits of vegan food and growing concerns about animal welfare and the environment. - In terms of regional analysis, India is expected to be the fastest-growing and dominating region in the Indian Vegan Food Market. The large vegetarian population, growing awareness about veganism, and government initiatives promoting plant-based diets are driving the demand for vegan food products in India. - Key players operating in the global Indian Vegan Food Market are One Good (formerly Goodmylk), GoodDot, EVO Foods, Ahimsa Food, Wakao Foods, Jus Amazin, So Good, Live Yum, Piper leaf, Soft Spot Food, Vega Lyfe, The Hershey Company, Sun Opta Inc., Living Harvest Food Inc., Pascual Group, Grub market, SunFed, Danone, and Whitewave Foods Company. These key players are focusing on product innovation, expanding their product portfolios, and forming strategic partnerships to cater to the growing demand for vegan food products in the Indian market.
#Indian Vegan Food#Indian Vegan Food Market#Indian Vegan Food Market Size#Indian Vegan Food Market Growth#Indian Vegan Food Market Trend#Food and Beverages
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Cling Film Market Trends, Segmentation, Outlook, Industry Report to 2031
The cling film market is anticipated to grow at a CAGR of 5.2% during the anticipated time frame and reach USD 8.72 billion by 2027. Food items are routinely wrapped and preserved with cling film, a thin plastic sheet also known as plastic wrap or food wrap.
The sector is developing mainly due to rising customer demand for packaged and handy items as well as increased consumer education on food safety and storage. Cling film is frequently used in homes, restaurants, and the food processing and packaging industries to preserve food for a longer period of time.
Low-density polyethylene (LDPE), polyvinyl chloride (PVC), and linear low-density polyethylene (LLDPE) are the three material kinds that make up the market. Because of its exceptional clarity, strength, and flexibility, PVC is the cling film material that is used the most frequently.
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The effects of cling film on the environment, however, are also a worry. In landfills, plastic cling film takes hundreds of years to decompose, which can contribute to environmental contamination. Due to this, there is an increasing need for cling film substitutes like silicone food covers and beeswax wraps.
Overall, it is anticipated that the cling film market will expand over the next few years due to the rising demand for practical and secure food packaging solutions. To fulfil the changing expectations of consumers, the industry will also need to address worries about the environmental impact of plastic cling film and investigate sustainable alternatives.
Market Benefits
The study provides an in-depth analysis of the global Cling Film market along with the current trends and future estimations to elucidate the imminent investment pockets.
The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
An extensive analysis of the market based on application assists in understanding the trends in the industry.
The report presents a quantitative analysis of the market from 2021 to 2031 to enable stakeholders to capitalize on the prevailing market opportunities.
Key Takeaways from the Cling Film Market Study
Polyvinyl chloride is expected to create incremental opportunity of US$ 508.3 million by 2031. It is cost-effective and suitable for recycling processes.
Cling film products up to 9 microns in thickness is estimated to increase 1.7 times by the end of 2031, attributed to clear and transparent packaging for food product displays.
Canada is expected to reflect faster growth in North America, with a 6.5% CAGR due to the presence of key players and the availability of technological advancements.
Germany leads Western Europe accounting for 26% of the value share by 2031, owing to relatively higher production capacity.
China will continue to dominate APEJ holding over 40% of the market through 2031, supported by a large base of end users and manufacturers.
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Competitive Landscape
Berry Global Group, Inc.
Intertape Polymer Group (IPG)
Gruppo Fabbri Vignola S.p.A
Kalan SAS
Fine Vantage Limited
Rotofresh – Rotochef s.r.l.
Manuli Stretch S.p.A.
Cling Film Market by Category
By Material type:
Polyethylene
Low Density Polyethylene (LDPE)
High Density Polyethylene (HDPE)
Linear Low Density Polyethylene (LLDPE)
Bi-axially Oriented Polypropylene (BOPP)
Polyvinyl Chloride
Polyvinylidene Chloride
Others
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By Thickness:
Up to 9 micron
9 to 12 micron
Above 12 micron
By End Use:
Food
Meat
Seafood
Baked Foods
Dairy Products
Fruits & Vegetables
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How to Start a Food Processing Business: A Complete Guide
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Are you interested in launching a business that processes food because you have a strong passion for it? Starting a business that processes food is a terrific way to make your passion profitable. But launching a company that processes food can be challenging and needs careful planning and preparation. We will provide you a step-by-step explanation of how to launch a food processing business in this manual.
Introduction :
It's critical to comprehend what food processing is before getting into the technicalities of launching a firm in this industry. Processing food entails converting basic materials into finished goods. Cooking, baking, canning, freezing, and packing are some examples of this.
The food processing sector is significant and expanding, with a $4 trillion global market. The industry is divided into a number of subsectors, including those that prepare meat and poultry, dairy products, fruits and vegetables, and snack foods.
Market Research :
Before starting any business, it is important to conduct thorough market research to determine if there is a demand for your product. In the case of food processing, you will want to research the industry trends, consumer preferences, and competitors in your market.
Some key questions to consider during your market research include:
- What are the current trends in the food processing industry?
- Who are your competitors and what are their products and pricing strategies?
- Who are your target customers and what are their preferences?
- What are the regulatory requirements for starting a food processing business in your area?
Business Planning :
Once you have conducted your market research, it is time to develop a business plan. A business plan is a document that outlines your business goals, target market, products and services, marketing and sales strategies, financial projections, and more.
Your business plan should include the following sections:
- A concise explanation and description of your business and its goals
- Market research is the analysis of your competitors, target market, and current market trends.
Services and products a list of the products and services you provide
- Sales and marketing plans: How you plan to promote and market your products.
- Budgetary goals: a projection of your expenses and income for the ensuing three to five years.
Financing :
Starting a food processing business can be expensive, so it is important to have a solid financing plan in place. There are a variety of financing options available, including loans, grants, and investors.
Some key factors to consider when seeking financing include:
- How much capital do you need to start your business?
- What is your business credit score?
- Do you have collateral to secure a loan?
- Are there any grants or incentives available in your area?
Equipment and Supplies :
Once you have secured financing, it is time to purchase the equipment and supplies you will need to start your business. The specific equipment and supplies you will need will depend on the type of food processing business you are starting.
Some common equipment and supplies needed for a food processing business include:
- Processing equipment, such as ovens, mixers, and blenders
- Packaging equipment, such as sealers and labelers
- Storage equipment, such as refrigerators and freezers
- Ingredients and raw materials
Developing a Product Line :
Your ability to sell your products will have a big impact on how well your food processing company does. It's critical to have a product lineup that appeals to your target market and distinguishes you from your rivals.
Keeping the following things in mind will help you design your product line:
- Your target market's preferences and needs
- The price point of your products
- The packaging and labelling of your products
- The shelf life of your products
- The availability of ingredients and raw materials
Marketing and Sales :
Once you have developed your product line, it is important to develop a marketing and sales strategy to promote your products. Your marketing and sales strategy should be tailored to your target market and should aim to differentiate your products from those of your competitors.
Some key marketing and sales considerations include:
Developing a brand identity and messaging that resonates with your target market
Identifying your distribution channels, such as retail stores or online marketplaces
Developing a pricing strategy that is competitive but still profitable
Creating a promotional plan, such as social media advertising or email marketing campaigns
Legal Compliance and Safety :
The operation of a food processing firm requires adherence to numerous regulatory and safety requirements. Depending on the kind of food processing business you're beginning and where it's located, you'll need to adhere to a certain set of rules.
Among the most important legal and safety factors are:
securing the authorizations and licences required to run your enterprise
observing food safety guidelines, such as those established by the FDA and USDA
planning a HACCP (Hazard Analysis and Critical Control Points) strategy
upholding sanitization and hygiene standards
ensuring that your staff is educated on proper food handling and safety practices
Conclusion :
Although it requires careful planning and preparation, starting a food processing business can be a rewarding and profitable venture. You can improve your chances of success by carrying out in-depth market research, creating a strong business plan, obtaining finance, buying the essential tools and materials, developing a product line, and putting a marketing and sales strategy into action. The health and safety of your clients and staff are also dependent on your ability to adhere to legal and safety requirements. You can convert your love of cooking into a successful business with the correct preparation and execution.
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