Global Passion Fruit Extract Market to Grow as Demand for Natural Products Increases

Passion Fruit Extract

The passion fruit extract market in recent years has seen a flurry of activity, as a response to the growing consumer preference for natural and plant based products and the demand for different dietary requirements of people around the world. With dietary patterns and inclinations shifting towards organic, natural and ‘clean’, the local players in the passion fruit extract are likely to rise to the occasion to meet this demand.

The growth of this highly fragmented passion fruit extract market, due to growing demand globally, is expected to expand at an above-average rate of 8% during the forecast period, will the end of 2029.

Clean Beauty: An Underlying Trend

In recent years, consumers have been increasingly inclined towards ‘Clean Products’ for both consumption and personal care. This has been due to the rising consumer awareness for natural products that are touted to have a better nutritional profile, which is particularly beneficial in the cosmetics market in general. And as this trend of ‘Clean Beauty’ becomes an important aspect that is shaping the evolution of the global cosmetics market and consequently the passion fruit extract market is also expected to witness significant growth in recent years. Passion fruit extract is being increasingly used in anti-ageing and skin care products, driving the growth of the global market.

“Organic” is another buzzword that is shaping the evolution of the global passion fruit extract market. Increasing consumer preference for organic ingredients for various cosmetics products, due to awareness of the negative impact on chemicals on skin, manufacturers are also looking to cater to this preference as well, with ecologically sound products and processes as well. This is opening up several opportunities within the landscape for manufacturer to capitalize on this trend for better business prospects.

Regional Markets within the Global Landscape

The global market for passion fruit extract is being propelled by the flurry of activity from various end use industries, which has led to several lucrative prospects for players. As the scenario currently stands, the regional markets in developed countries, especially Europe, which likely to hold a significant share of the market share in the foreseeable future. This can also be attributed to the increasing propensity for natural ingredients in the region. However, there is demand for health and wellness products in the Asia Markets, which is also expected to contribute to the growth of the passion fruit extract market in the region during the course of the forecast period.

Recent Trends and Future Prospects

The global market for passion fruit extract is rather consolidated, players in which are increasingly looking for other applications of pulse fruit extractions, to gain the competitive edge in the market. The mounting demand for natural, organic products for overall health and wellness is set to drive the growth of the market in the foreseeable future. According to this study by FMI,  the future of passion fruit extract market is set to lie in hair and skin care applications, with manufacturers investing progressively to unearth other benefits of passion fruit extract to widen their product portfolio.

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Global Magnetic Separator Market to Grow Modestly Over Forecast Period

Magnetic Separator

The global magnetic separator market according to the recent report by Future Market Insights, has witnessed moderate growth due to steady demand for high purity metals from the mining industry. And with the global push for recycling impacting every major industry and metal recycling’s increasing popularity, this trend is likely to stay the same during the forecast period, with the market growing at a modest pace of approximately 4%.

Magnetic separators are crucial in the manufacturing industry as metals can be recycled without changing their chemical and magnetic properties. The added advantage of recycling metals is that it consumes significantly less energy and fuel, aligning with the global sustainability goals as well. Players are increasingly choosing recycled metals over raw materials as they are cost effective and have a lower energy consumption rate as well.

The production of recycled materials and metals starts with the sorting at various steps, using magnetic separators.  The increased use of recycled metals and materials and the subsequent use of magnetic separators is likely to drive the growth of the global market as well.

Based on the type of product, and the end use industry using it, several kinds of magnetic separators have applications across verticals. However, as it currently stands, the magnetic drum separator remains the most preferred category and the trend is likely to continue over the course of the forecast period. However, there is increasing demand for magnetic overband/ cross belt separators in recent years, which is expected to grow at a rapid pace in the foreseeable future.

Regional Markets within the Global Scenario

The impact of the surge in building and infrastructure activities globally in recent years, has also percolated into the magnetic separators market, where they are used to remove unwanted metal particles from raw materials or processed cement.

Magnetic separators are also being increasingly used in mining, for the processing of bulk materials before they get broken up into smaller sizes as required. The increased usage of magnetic separators is the primary driver propelling the growth of the market. This is particularly significant in the regional markets in Oceania and East Asia regions, where there has been steady growth in mining and mineral extraction activities and are expected to hold a significant value and volume share in the overall market revenue in the upcoming years.

There has also been significant growth in the demand for magnetic separators from the MEA region owing to the mining, chemicals, steel and other industries in the region.

The global magnetic separator market is considered to be rather fragmented, with prominent players accounting for about a fifth of the total market scenario. And stakeholders in the landscape are increasingly placing the development of distribution partnerships front and centre in their business strategies for development and strengthening their position in the global market. They are also looking to cater to the individual needs of several end use industries such as mining, recycling, F&B, chemical, steel, plastic, water and wastewater, among others

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Global Paper Edge Protectors Market to Grow at Average Pace during Forecast Period

The global paper edge protector market has witnessed increased interest in recent years, resulting in a steady growth at a moderate pace. This can be attributed to the drastic expansion of the industrial manufacturing sector. This study by Future Market Insights on the prospective growth of the market estimates based on this, that the paper edge protector market is likely to grow at an average of approximately 4% globally, during the course of the forecast period from 2019 to 2029.

Manufacturing and Warehousing Sector: A Revenue Generating Avenue

Little less than half of the total demand for paper edge protectors coming from logistics and transport, which remains one of the most significant end users of the global paper edge protector market. However, also gaining traction rapidly is the manufacturing and warehousing sectors, which are expected to hold a significant share as well in the near future. According to this study, within the manufacturing sector, the demand for paper edge protectors is likely to be from the food and beverage industry, garnering a whopping fourth of the total revenue share.

Due to product innovation and the introduction of newer materials and processes, the popularity of recycled boards and materials is on the rise. This can be credited to consumers’ increasing inclination towards sustainable products, in line with the global push for sustainability, which is also pushing manufacturers to meet this demand for environmentally-friendly packaging options.

Regional Markets within the Global Paper Edge Protectors Landscape

The global paper edge protectors landscape has witnessed steady growth in recent years, due to rapid industrialization, creating new opportunities for manufacturers. Manufacturers are increasingly focusing on catering to the individual needs of the automobiles, consumer electronics, F&B industries where the integrity and safety of the products being packed is a high priority.

The regional market in North America currently holds a significant revenue share in the global paper edge protectors market, as of 2019, due to the concentration of organized players in the region. This trend is likely to continue over the forecast period, as players in the regions are increasingly focusing on strategic mergers and acquisitions widen their product range and strengthen position in the global paper edge protectors landscape.

Current Scenario and Future Prospects

As it currently stands, angular paper edge protectors continue to remain the most preferred type, accounting for almost two thirds of the revenue share of the global market. This is expected to significantly impact the growth of the paper edge protectors market as manufacturers leverage this interest to focus on innovation and product development to keep pace with the global demand.

According to this study on the global paper edge protectors market landscape, by Future Market Insights, the growth of the market is set to be in optimizing the product to package ratio, as utility of packaging materials take centre stage. Manufacturers are focusing on packaging solutions that enhance product safety, reducing the risk of damage due to the increased volume trade to gain and retain their footing in the competitive landscape.

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Lucrative, Compact, & Lightweight Product Slated to Trend in the Dust Extractors Market

A dust extractor is an air quality improvement framework utilized in the home, commercial, and industrial generation shops to enhance breathable air quality & wellbeing by expelling particulate matter from the environment and air. These work at the basic formula of catch, pass on and gather. The quick development of business commercial buildings worldwide, combined with expanding vehicle servicing, is likely to be the foremost factor adding to the market development of the dust extractor, especially in quickly developing economies. Direct power supply-based category is anticipated to record higher value prospects in the dust extractor market inferable from a wide application and simple construction of this tool, especially in municipal waste management.

Factors Determining the Dust Extractor Market

  • Novel Product Development Projects to Boost Requirement for Dust Extractors

Most makers are propelling new items to continue their share in the market. For example, During 2018, Milwaukee Tool propelled another dust box for two of its dust extractors (HAMMERVAC) for rotating drills and hammers that give filter cleaning a touch app.

The filter cleaning attribute is another item structured that helps facilitate the consistency identified with the construction sector, with the latest government standards to diminish crystalline silica dust from hurting laborers or going into the workplace.

  • Expanding Number of Commercial Spaces to Sustain Dust Extractor Market Development

On the background of the developing construction sector, the commercial industry has seen critical development and is foreseen to keep up its existing conditions in the years to come. Putting resources into construction exercises is seeing consistent development all over aimed regions. This has set off the expansion of the construction sector, with a foremost spotlight on expanding propelled commercial spaces, with the number of workplaces expected to increment noticeably. This aspect is probably going to help the development of the dust extractor market.

  • Rising Popularity of Online Channels and DIY Applications to Support the Dust Extractors Demand

The main aspect backing to the requirement for DIY items is the sound development of the home redesigning category. This category offers noteworthy prospects for organizations to discover prospects in the market. Home improvement stays the highest need as individuals request better home space with enhanced ways of life.

In industrialized nations, power instruments are foreseen to create intense interest from professionals. However, the expanding DIY trend is relied upon to make the requirement for handy instruments. In any case, producers should look for development avenues in rising nations, where construction spending plans are a challenge for the implementation of power instruments, thus, decisively affecting the requirement for vacuum cleaners. The flourish of online retail is set to assume a key job in the development of the vacuum cleaners for DIY applications category, worldwide. Production players are quickly entering the E-commerce space with extravagant sites and product contributions.

The significance of dust extractors for commercial and industry applications is here to reside, driven by standards & norms levied on the production and process industries by authoritative bodies, for example, the National Fire Protection Association(NFPA) and the Occupational Safety and Health Association(OSHA). These air treatment solutions remain to attain absolute imperativeness, allowing safer and cleaner indoor environment for staff and employees in industries

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Bubble Wrap Packaging Market to Grow due to High Application Options in E-commerce Packaging

The global bubble wrap packaging market has witnessed a flurry of activity in recent years, resulting in a moderate yet steady growth. This can be attributed to the exponential growth of the e-commerce industry, which has had a positive impact on the bubble wrap packaging market. The study by Future Market Insights on the prospective growth of the market estimates that the bubble wrap packaging industry is likely to grow at a modest 3% globally, during the course of the forecast period.

With consistent demand for effective bubble wrap packaging globally due to its high application potential in e-commerce, manufacturing & warehousing, and logistics & transportation. This in turn has had a positive impact on the evolution of the global bubble wrap packaging market landscape.

Adoption of iBubble Wrap

Traditional and conventional bubble wrap packaging consists of individual sealed pockets of air that pop when squeezed. In recent years however, a newer design of bubble wrap, known as iBubble has gained popularity. It consists of arranged columns of connected air pockets that are deemed more effective than the conventional kind. Manufacturers are increasingly shifting to iBubble wrap due to the rampant adoption of the same across end-use industries, and several other benefits such as unique functionality and lower manufacturing costs. According to this report, with iBubble wrap all but replacing the conventional bubble wrap in the global landscape, players are looking to leverage on this trend by focusing on products that allows for more efficient space management in transportation and warehousing.

Analysis of the Global Bubble Wrap Packaging Market

The global bubble wrap packaging market, is expected to witness a surge in the demand due to the popularity of the e-commerce industry, where standard of packaging is rather high to ensure product safety. According to this study, it will continue to account for a significant share of the sales in the forecast period. Manufacturers are looking to leverage popularity of bubble wrap packaging in e-commerce by focussing on research and development for innovative solutions for cheaper packaging but effective, without sacrificing the integrity and safety of the product being wrapped. These efforts are expected to contribute to the growth of the bubble wrap packaging market.

Environmentally-friendly and Sustainable Packaging

The global push for sustainability has had a significant impact on the larger packaging industry, percolating into the bubble wrap packaging market as well. Consumer preferences have been inclined towards protective packaging that is recyclable, environmentally-friendly and sustainable, forcing the stakeholders in the industry to innovate bubble wrap packaging with smaller negative environmental impact. Manufacturers are exploring avenues such as effective recyclable packaging, to maintain their presence in the evolving packaging industry.

The regional markets in South Asia is expected to grow briskly on the back of the rapidly expanding e-commerce industry in the region. Though, opportunity for stakeholders in the bubble wrap packaging market is likely to be slower European region as compared to other global markets, due to the push for the adoption of recyclable end environment-friendly packaging solutions.

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Global Walk-in Cooler and Freezer Market to Grow at a Moderate Pace During Forecast Years

The global walk-in cooler and freezer market has witnessed increased interest in the last couple of decades, resulting in a steady growth at a moderate pace, attributed to increase in consumption of frozen and ready to eat meals globally. The study by Future Market Insights on the prospective growth of the market estimates that the walk-in cooler and freezer market is likely to grow at an average of approximately 5% globally, during the course of the forecast period from 2019 to 2029.

Shaping the evolution of the market landscape is also the requirement for low GWP walk-in coolers and freezers to align with global sustainability and environment conservation protocols.

Energy Efficiency and Evolution of the Walk-in Cooler and Freezer Market

The global push for energy efficiency has percolated into the larger appliances landscape in general, even to the global walk-in cooler and freezer market in particular. Environmental concerns have, in recent years become the focus of manufacturers across verticals as they race to innovate products that are have a smaller negative impact on the environment, and to align with global sustainability goals. Manufacturers are increasingly investing in research and development for refrigerants that have a low global warming potential (GWP) rates, while also enhancing the energy efficiency of walk-in coolers and freezers.

This drive towards ecological sustainability comes on the back of the continuing changes in the standards set forth by various regulatory organisations for various commercial and industrial equipment including walk-in coolers and freezers. This has also pushed stakeholders to continually innovate for better quality of products, which has had a positive impact on the growth of the walk-in coolers and freezers market.

Regional Markets in the Global Landscape

Even as the international market for walk-in coolers and freezers is set to witness a moderate growth in the forecast period, according to this study on the market landscape by Future Market Insights, regional markets in North America and Europe, collectively hold a significant share as of 2019. This can be attributed to the fact that these regions have been the early adopters of commercial kitchens and restaurants.

However, due to changing eating habits, and rise in disposable incomes, developing countries and their markets, especially in East Asia are quickly gaining ground. The growth of commercial kitchens and restaurants, along these factors is being considered a key driver contributing to the growth of the walk-in coolers and freezers market in the region. According to this report, this region is likely to take over the Europe market over the forecast period.

Future is in Customization and Requirement-specific Products

As low GWP continues to remain a key winning imperative for stakeholders in the global walk-in coolers and freezers market, product innovations focusing on this have taken centre stage. There is also an increase demand for walk-in coolers and freezers that are specific, custom and requirement-based, with manufactures looking to cater to the individual needs of end users. All of these drivers are being considered crucial aspects that are likely to shape the walk-in cooler and freezer market landscape.

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Marico set to acquire Beardo within the fourth quarter of 2019

Earlier in the week, in an official announcement, India-based Home-grown FMCG company Marico revealed that by the current fiscal it aims to announce the acquisition of male grooming brand, Beardo, by implementing secondary buyouts and primary infusion.

Founded back in 2015, Beardo is an Indian company, headquartered in Ahmedabad, it serves customers in the premium men grooming category, and is a profitable brand as per analysts closely following the brand.

Speaking about the plan of acquiring Beardo, the CFO of Marico, Vivek Karve said that within a period of the next 12 months, Marico intends to combine forces with the brand Beardo, while simultaneously operating it under the identity of a separate entity.

Karve also said that eventually, Marico will look to purchase 100 percent of the brand, Beardo.

Furthermore, responding to whether Beardo will be rebranded after its merger with Marico, Karve stated that Beardo has built quite a noteworthy reputation for itself, and Marico will look to capitalize on it and intervene only if necessary, thus it will be operated as a separate company having its own management team.

Back in 2017, as per reports, a strategic investment was made by Marico in the company of Beardo’s original owners, a start-up, Zed Lifestyle. The amount originally invested by Marico still remains undisclosed.

Currently, in the latest annual report published by Marico, it shows that Zed Lifestyle has been termed as an associate-company in which the Mumbai based company has a 42.88 percent stake.

Notably, in recent times, Marico has gone on to focus more towards growing in India’s male grooming category which has a double-digit CAGR and is valued at $36billion which is comparatively still a niche sector.

Finance Chief of Oxy vows to quickly get rid of a $40 billion debt

Speaking about one of the biggest oil company acquisitions of the past decade, the finance chief of Occidental Petroleum Corp revealed that the company has already started working towards reducing the debt of $40 billion which came along with the purchase of Anadarko Petroleum.

At the latest EnerCom energy conference, the finance chief of Occidental Petroleum Corp, Cedric Burgher referred to the $40 billion which came with the purchase of Anadarko Petroleum as ‘not too bad’ while also revealing that Oxy would conduct a detailed assessment before selling off any asset of Anadarko.

However, according to an investment note made by Evercore ISI analysts, the biggest oil company merger& acquisition reduces the value of Occidental stakes.

Notably, this investment note led to a 4.5% drop in the value of Occidental shares.

Furthermore, at the EnerCom energy conference, Burgher said that the entire Occidental board has full confidence in the deal, in spite of activist Carl Icahn announcing that he would be appointing 4 new directors in a bid to quickly dispose of the assets of Anadarko.

According to Burgher, through duplicate offices that includes getting rid of redundancies, cost-efficiency through divestitures as well as synergies the deal would make Occidental a profit of $3.5 billion.

As per a brief translation of a statement given by Icahn regarding the acquisition, he termed the deal as, “way too expensive and not motivated.”

Additionally, as per reports, Occidental would continue to have its headquarter in Houston, however, it will list a recent Houston property for sale.

Notably there was no mention of the acquisition of the stakes of Western Partners by Cedric Burgher, however, he did reportedly state that if required Occidental would selectively list properties for sale, which might include the U.S. offshore production acquired through the Anadarko deal as well.

Furthermore, Burgher said that Oxy has no plans of selling Anadarko’s Texas and Woodlands properties.

Jaguar Land Rover sales move up by 5% as China’s automobile market improves

Jaguar Land Rover (JLR), a British car manufacturer reported a rise in vehicle sales for the month of July. The automaker has seen a 5% rise in vehicle sales to 37,945 units for the month of June when compared to the same time last year.

Jaguar Land Rover (JLR) which is owned by Tata Motors, an automobile manufacturer based out of India seen a total sales of 11,386 for its Jaguar brand in July. The automaker posted a 3.6 percent rise in sales when compared to the same time last year.

According to the company, Land Rover has seen a rise in sales by 5.6 percent to 26,559 units when compared to the same time last year.

The automakers Chief Commercial Officer, Felix Brautigam, stated the UK seen a rise in sales for July and the US witnessed the highest number of sales. 

He also added that the demand for its vehicles in China was significantly better for this year when compared to the same time last year. This rise in demand comes after the company has been proactively working with its retail networks, according to Mr. Brautigam.

The company has been striving to improve its momentum in China, the US, UK, and India as the automobile industry has been unstable from the last year.

Oxy completes one of the biggest oil and gas M&A deals of the past few years

In a massive deal worth $55 billion, one of the largest mergers & acquisitions (M&A) of recent times has just been officially confirmed.

The $55 billion deal was agreed upon by Occidental Petroleum as it agreed to assume all debts and buy the entire business of Anadarko Petroleum.

Speaking on the completion of the deal, the chief executive officer and president of Occidental, Vicki Hollub said that Occidental shall now march towards its plans of integrating Anadarko’s world-class asset portfolio with Occidental and provide its shareholders and customers with the significant value that this merger brings.

As per reports, the deal was successfully completed on Thursday at a special meeting organized for shareholders of Anadarko. Significantly more than 99percent of Anadarko’s shareholders voted in favor for Occidental to acquire the entire company.

Furthermore, a spokesperson for Oxy said that as the deal has successfully been completed, common stocks of Anadarko has been taken off from trading on the New York Stock Exchange.

As per the agreements of the deal, each and every shareholder of Anadarko will be eligible to receive 0.2934 shares and US$59.00 in cash per share of Occidental’s common stock.

However, as per experts and analysts closely following the matter, this transaction will put Occidental in a notable debt.

Reportedly, the initial bid made by Occidental to acquire Anadarko was 50 percent of the company’s value of US$57 billion being paid in cash and the rest in stocks, however, the bid was declined by Anadarko. After which Occidental came up with an improvised bid of 80 percent of the US$57 billion being paid in cash and the rest in shares which was approved by the board members of Anadarko.

Significantly, Occidental faced some tuff competition on its course to seal one of the largest oil and gas M&A deals for the last decade, as it had to outbid major players like Chevron back in may amongst others.