The global whey protein market size was USD 10.26 billion in 2021. The market is projected to grow from USD 11.0 billion in 2022 to USD 18.12 billion by 2029, exhibiting a CAGR of 7.4% during the forecast period.

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Tuna Fish Market Future Growth, Business Prospects and Forecast to 2030

The global tuna fish market size was worth USD 41.06 billion in 2022 and is projected to grow from USD 42.08 billion in 2023 to USD 51.25 billion by 2030, exhibiting a CAGR of 2.86% during the forecast period.Tuna is considered one of the most important and commercially valuable fish and is an essential part of the marine ecosystem

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The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

Information Source - https://www.fortunebusinessins....ights.com/beverage-c

The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly.

The market report includes:

All-encompassing report of the market
Critical insights into the market
Dominant regions in the world
Market drivers and restraints
Competitive landscape
COVID-19 impact
Market Driver:

Evolving Consumer Lifestyle to Influence Massive Growth

The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

COVID-19 Impact:

Varied Effect of COVID-19 on the Beverage Cans Market

The restrictions imposed by the governments on bauxite mining, transportation of raw materials, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

Regional Analysis:

Inclination towards Healthy Beverages to Boost Market in North America

North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

Key Development:

July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

The Report Lists the Key Companies in the Market:

Ball Corporation (U.S.)
Orora Packaging Australia Pty Ltd (Australia)
Crown Holdings, Inc. (U.S.)
Ardagh Group S.A. (Ireland)
CANPACK S.A. (Poland)
GZ Industries Ltd. (Nigeria)
CPMC Holdings Ltd. (China)
MSCANCO (Saudi Arabia)
Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
Universal Can Corporation (U.S.)
Techpack Solutions (China)
Baosteel Metal Co., Ltd. (China)
Asia Packaging Industries (Vietnam)
Silgan Holdings (U.S.)
Other Key Players

The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”.

Information Source - https://www.fortunebusinessins....ights.com/traffic-ro

Startling Rise in Road Fatalities Worldwide to Fuel Market Growth

Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users.

Segmentation

Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020.

On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Highlights

The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market.

Driving Factor

Development of Eco-friendly Road Marking Solutions to Invigorate the Market

Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market.

Regional Insights

Robust Demand for Construction Activities to Propel the Market in Asia Pacific

Asia Pacific is expected to dominate the traffic road marking coatings market share over the forecast period on account of the escalating demand for constructions in the region. This exponential growth is underpinned by the rapid expansion of urban areas in the region, especially in China and India. Driven by these factors, Asia Pacific boasted a thumping market size of USD 2.37 billion in 2020.

In North America, the growing preference for water-based traffic road marking coatings will be the principal contributing factor for the regional market. In the US market, the water-based coatings segment held a share of 37.3% in 2020. On the other hand, the market in Europe is set to make considerable gains due to increasing investments in upgrading public transport networks by EU members.

Competitive Landscape

Key Players to Strategically Deepen Business Ties across Geographies

Geographic expansion is a key priority area for leading companies specializing in traffic road marking coating solutions. These players are entering into strategic partnerships with different companies worldwide to deepen their presence in lucrative markets. In addition, some market participants are also devising products to enhance driver safety, which in turn will help in reducing road accidents.

Industry Development

May 2021: Austria-based SWARCO Road Marking Systems partnered with the Australian road marking leader, SUPALUX, to set up its first base in Perth, Western Australia’s capital city. The two companies aim to synergize their expertise and expand their footprint in the traffic paint industry.
List of Key Players Covered in this Market Report

Asian Paints Ltd. (India)
Langfang Tenroads Glass Products Co., Ltd. (Hebei province, China)
Geveko Markings (Gainesville, Sweden)
Rua Seguridad (Metro Manila, Philippines)
Sherwin-Williams Company (Ohio, U.S)
Resincoat Ltd (U.K)
3M (Minnesota, U.S)
Berger Paints (West Bengal, India)
Dulux Protective Coatings (Australia)

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Cannabis Testing market Analysis and Trends by 2023-2035

Driven by the growing demand for medical and recreational cannabis, along with its increasing global legalization, a substantial number of product manufacturers are leveraging the expertise of testing service providers in this industry

Roots Analysis has announced the addition of “Cannabis Testing Market, 2023-2035” report to its list of offerings.

The report features an extensive study on the current landscape and the likely future potential of cannabis testing market over the next decade. The study also features an in-depth analysis, highlighting the capabilities of various stakeholders engaged in this domain. Amongst other elements, the report features:
 An executive summary of the insights captured during our research. It offers a high-level view on the current state of the cannabis testing market and its likely evolution in the mid-long term.
 A general introduction to cannabis testing, along with details related to the applications and needs for testing cannabis infused products. In addition, this section presents information on different types of testing protocols mandated by the regulatory authorities to ensure consumer safety. Further, it concludes with a discussion on the emerging trends in cannabis testing and future perspectives in this market.
 A detailed assessment of the overall market landscape of cannabis testing labs based on several relevant parameters, such as year of establishment, company size (in terms of employee count), location of headquarters, type of offering(s) (cannabis testing services or cannabis testing services & products), type of company (private company or public company), number of facilities (less than 5 facilities, 5 to 10 facilities, and more than 10 facilities), type of accreditation(s) / certification(s) (ISO, PJLA, DEA, A2LA, USDA, FDA, ELAP, AOAC, CDPHE, UKAS, NCIA, NELAP, DCC, ORELAP, HIA, CLIA, ANAB ANSI, and Others), number of accreditation(s) / certification(s) (less than 5 accreditations, 5-10 accreditations, and undisclosed), type of testing solution(s) offered (potency testing, terpenes testing, microbial analysis, pesticides testing, residual solvents testing, heavy metals testing, mycotoxins testing, moisture analysis, DNA genotyping, vitamin E acetate testing, and flavonoids testing), type of sample(s) tested (edibles and infused products, cannabis buds / flowers, cannabis extracts / concentrates, and cannabis oils), type of cannabis and hemp tested (by legal status - medical cannabis, hemp, recreational / adult-use cannabis, and others), and end-user(s) (cannabis cultivators / growers, cannabis drug / product manufacturers, cannabis edible manufacturers, and other research institutes).
 An insightful competitiveness analysis of cannabis testing labs based on company strength (in terms of years of experience), portfolio strength (in terms of type of company, number of facilities, type of offerings, number of testing solutions offered, number of samples tested, type of cannabis and hemp tested, and number of end-users) and number of accreditations / certifications.
 Elaborate profiles of key cannabis testing labs (shortlisted based on a proprietary criterion); each profile includes a brief overview of the company, along with information on its financial information (if available), service portfolio, recent developments and an informed future outlook.
 A detailed assessment of the overall market landscape of cannabis testing product providers, based on several relevant parameters, such as their year of establishment, company size (in terms of employee count), location of headquarters, type of offering(s) (cannabis testing products or cannabis testing services & products), type of testing product(s) offered (analytical instruments, consumables, reagents and additional software solutions), type of analytical instrument(s) offered (chromatography instruments, spectroscopy instruments and others), and type of additional software solution(s) offered (Laboratory Information Management System (LIMS), Customer Relationship Management (CRM), Enterprise Resource Planning (ERP)).
 A detailed analysis of the partnerships that have been inked within the cannabis testing market, since 2018, based on several relevant parameters, such as year of partnership, type of partnership (mergers and acquisitions, research and development agreements, service alliances, technology integration agreements, distribution agreements, licensing agreements and other agreements), type of partner (industry and non-industry), geographical location of the companies involved, and most active players (in terms of number of partnerships).
 An in-depth analysis of recent events (webinars / conferences / expos / summits) that were organized across different regions of the globe for stakeholders in this market, based on several relevant parameters, such as year of event, event platform, type of event, year and type of event, distribution of events by geography, evolutionary trends in event agenda / key focus area, most popular event organizers, most active industry players, most active non-industry players, most active speakers (in terms of number of events), details of the designation of speakers, affiliated department of event speakers and a geographical mapping of upcoming events.
 One of the key objectives of the report was to estimate the current opportunity and future growth potential of cannabis testing market over the coming years. We have provided informed estimates on the likely evolution of the market for the period, 2023-2035. Our year-wise projections of the current and future opportunity have further been segmented based on relevant parameters, such as type of cannabis tested, type of sample tested, company size and key geographical regions. In order to account for future uncertainties associated with some of the key parameters and to add robustness to our model, we have provided three market forecast scenarios, namely conservative, base, and optimistic scenarios, representing different tracks of the industry’s evolution.

By 2035, financial opportunity within the cannabis testing market has been analyzed across the following segments:

 Type of Cannabis Tested
 Medical Cannabis
 Recreational / Adult-use Cannabis
 Type of Sample Tested
 Flowers
 Extracts
 Edibles
 Others
 Company Size
 Large
 Mid-sized
 Small
 Key Geographical Regions
 North America
 Europe
 Asia-Pacific
 Latin America
 Middle East and North Africa

Key companies covered in the report
 AccuScience Laboratories
 Anresco Labs
 CDX Analytics
 Coastal Analytical
 Eurofins Scientific
 EVIO Labs
 FoodChain ID
 LGC
 Medicine Creek Analytics
 SGS
 Tentamus

To view more details on this report, click on the link:
https://www.rootsanalysis.com/....reports/cannabis-tes

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About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.

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Contact:
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+1 (415) 800 3415
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[email protected]

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