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Showing posts from June, 2022

Intelligent Packaging: Key Prospects, Opportunities and Challenges

  What can be the expected growth and competitive landscape of the Intelligent Packaging Market? Intelligent packaging’s multi-faceted ability to create a lasting impression and maintain product quality has made it an essential asset for different end user industries. Pharmaceutical, food & beverage and consumer goods industries are driving the growth of their businesses through intelligent packaging. Intelligent packaging is majorly driven by smart, interactive and connected packaging solutions that not only help in tracing the product but also notify about the well-being of the product through RFID tags and sensors. This, in turn, is gaining the trust of consumers and increasing investment in the same. Consumer choices too are playing a key role in reshaping the intelligent packaging industry. According to a research study published by Future Market Insights on Intelligent Packaging, millennials and Generation Z are becoming conscious of their purchasing choices and want to

Strategic Recommendations for Top Players in Plant-Based Food Market

  There are several opportunities in the plant based food market around the world, but entrepreneurs frequently confront some common difficulties that must be addressed for this sector to grow. The plant-based sector has numerous obstacles, including costly capital investment, sourcing issues, supply chain limitations, and pricing competition from the animal-based industry. Stakeholders in the plant-based food market ecosystem must recognize these issues and fight to overcome them to achieve long-term growth.   To future-proof enterprises in the plant-based food market, they use flexible and scalable design principles to defend against volatility while also embracing new technologies and opportunities with minimal capital expenditure. This will help them to lower the threat they are facing in the plant-based food market and also to scale up their operations and achieve economies of scale easily in the coming years. Below mentioned some of the key strategies that the top players in

From a Niche Segment to Mainstream Integration- Evolution of the Plant-Based Food Industry

  How much growth did the Plant Based Industry achieve in Recent Years? The plant-based industry has been exponentially growing since 2019, thanks to consumers’ changing food consuming choices. Millennials and Generation Z are becoming conscious of the impact their food consumption choices have on the environment. Thus, they have shown a rising inclination towards investing in plant-based foods that are environmentally friendly in more ways than one. Sentient Media states that around 79 million people in the world are vegans. This, in turn, is changing the landscape of the plant-based industry across the globe. A Future Market Insights study on the plant-based revolution states that between 2020 and 2021, the number of vegans worldwide doubled from 0.5% of the global population to 3%. The COVID-19 pandemic played a key role in altering the food-consuming choices of people as more people focused on boosting immunity through organic food. Moreover, more people exhibited an intere

Intelligent Packaging: Key Prospects, Opportunities and Challenges

  What can be the expected growth and competitive landscape of the Intelligent Packaging Market? Intelligent packaging’s multi-faceted ability to create a lasting impression and maintain product quality has made it an essential asset for different end user industries. Pharmaceutical, food & beverage and consumer goods industries are driving the growth of their businesses through intelligent packaging. Intelligent packaging is majorly driven by smart, interactive and connected packaging solutions that not only help in tracing the product but also notify about the well-being of the product through RFID tags and sensors. This, in turn, is gaining the trust of consumers and increasing investment in the same. Consumer choices too are playing a key role in reshaping the intelligent packaging industry. According to a research study published by Future Market Insights on Intelligent Packaging, millennials and Generation Z are becoming conscious of their purchasing choices and want to