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The HTST Pasteurizer: Revolutionising Food Safety and Quality

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Gel Air Fresheners Market Growth Opportunities, Key Driving Factors, Market Scenario and Forecast to 2032

According to Future Market Insights, the global gel air freshener market size is estimated to be valued at ~US$ 1,770.8 Million by 2032 from ~US$ 1,291.1 Million recorded in 2022. The market is set to exhibit steady growth at a CAGR of ~3.2% during the evaluation period from 2022 to 2032.

The market is anticipated to grow rapidly since the product is utilized to maintain a pleasant atmosphere in establishments, residences, and vehicles. The global market for gel air fresheners has expanded recently due to rapid changes in consumer behaviour and views.

The primary factor affecting growth is set to be increasing demand for a wide range of fragrance products. The market is also expected to be significantly influenced by rising demand for aromatherapy throughout the projected period.

Asthma and allergies are a couple of chronic conditions that some people experience. Products with chemicals in them are harmful for their health. As a result, organic fresh products air fresheners are gaining high popularity across the globe. Essential oils, organic candles, and other chemical-free products are expected to be widely available in the market.

The rate at which consumers are embracing the product has accelerated the market for gel air fresheners. Furthermore, due to rising awareness about maintaining the indoor air quality and customer acceptance of natural-smelling products, the market for gel air fresheners is growing.

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Besides, growth in the market over the past five years has been significantly impacted by the economic crisis in major industrialized nations. However, during the next ten years, the market is likely to be greatly influenced by the introduction of new products and an improving economy.

Key Takeaways from the Gel Air Fresheners Market Study:
During the historical period from 2017 to 2021, the global gel air fresheners market showcased a CAGR of 2.8%.
The U.S. gel air fresheners market is anticipated to exhibit moderate growth at a CAGR of 2.7% in the forecast period.
In China, sales of gel air fresheners are projected to grow at 6.5% CAGR throughout the estimated time frame.
During the assessment period, India is likely to exhibit a CAGR of ~9.8% and dominate in the South Asia region.

Based on application, the residential category is expected to be leading the global gel air fresheners with a CAGR of ~3.7% from 2022 to 2032.
“Consumers are willing to pay a premium price for distinctive aromas, prompting air freshener makers to expand their product lines, including gel air fresheners. Market leaders are thus devising innovative approaches in order to cater to the increasing demand from the fragmented pool of consumers”, says an FMI analyst.

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Competition Landscape: Gel Air Fresheners Market
Leading manufacturers of gel air fresheners are mainly focusing on aggressive promotional strategies, advertisements, and new product launches that would drive sales of gel air fresheners globally.

Leading players operating in the global gel air fresheners market are Dyna Fresh, Sniff Drive, Dclario Technologies India Pvt Ltd., AEROZEL, Neuchatel Chemie Specialties, Aromate, P & P PRODUCTS, Power Line Packaging, Inc., Atlantic paper & Supply, Larsen Packaging Products Inc., GT Midwest, Menshen Packaging USA, Inc., Alpha Lion Distributors Inc., Corporate Images, Inc., and Arizona Natural Resources, Inc. among others

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The global food colors market size is predicted to reach USD 4.77 billion by 2026, exhibiting a CAGR of 8.19% during the forecast period. The growing demand for processed food products and carbonated beverages will boost the food colors market trends during the forecast period. The rising shift towards all-natural and chemical-free products will bolster the healthy growth of the market in the forthcoming years. Besides, the increasing awareness regarding the benefits of plant-derived food ingredients will accelerate the food colors market revenue in the forthcoming years.

According to the published report by Fortune Business Insights, titled “Food Colors Market Size, Share & Industry Analysis, By Type (Natural, Synthetic, Naturally-identical, Caramel, and Others), By Source (Plant and Animal, Chemicals, and Others), By Application (Processed Foods and Beverages), and Regional Forecast, 2019 – 2026” the market size stood at USD 2.55 billion in 2018.

Source Link:

https://www.fortunebusinessins....ights.com/food-color

An Overview of the Impact of COVID-19 on Food Colors Market

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The food colors market report is fixed at delivering a comprehensive description of the market dynamics and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence. It offers PORTER’s analysis and SWOT analysis to record the question of shareholders and highlights the investment potential in the upcoming future. It also showcases what procedures and strategies; companies are currently implementing in the food colors market. It further examines the ways and components convincing expansion, growth patterns, restricting factors, and market strategies.

Competitive Landscape:

Launch of Technology Centre by Symrise to Boost Market Prospects

Symrise AG, a global leader, and producer of flavors and fragrances launch its new Asia-Pacific Flavor Innovation and Technology Centre. The Centre is aimed to contribute to Asia’s regional food & nutrition hub, whilst boosting the local food manufacturing capabilities. The announcement of the Innovation and Technology Centre will bolster healthy growth of the market in the forthcoming years owing to the € 30 million expansion of its regional headquarters in Singapore, which will help food manufacturers in many ways.

Furthermore, Chief Executive Officer of Symrise AG, Dr Heinz-Jürgen Bertram, said in a statement, “Asia is fast becoming one of the main global sources of influence and inspiration for innovative food products. And major centers for business, lifestyle, technology, health, and nutrition like Singapore will be at the heart of this megatrend. He further added, “Similarly, Singapore will continue to be within the heart of our growth story and I believe the new research and innovation facilities will ignite greater collaboration, connectivity and creativity among industry stakeholders, that will further develop Singapore’s food research and manufacturing industry capabilities.” Besides, the growing consumption of food items among the general population will subsequently aid the expansion of the food colors market.

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