ReleaseWire Connect

Greater unavailability of generic veterinary medicine in desired dosage forms for optimum efficiency is boosting the global demand for compounded animal drugs. In addition to this, re-emergence of animal drug compounding offers valuable benefits to the pet owners, not just manufacturers. Persistence Market Research predicts that the global market for animal drug compounding, which is presently valued at US$ 844.2 Mn, will expand at 6.3% CAGR to bring in revenues worth US$ 1,373.8 Mn by end of 2024. During this forecast period, the market's growth will be favored by informed decisions taken by pet owners, higher level of veterinary care expected by them and lack of scientific evidence to report adverse effects of compounded animal drugs.

The decline in individual purchases of private medical insurance and low medical cover pay-outs to clinics and hospitals will continue to negatively impact the U.K. private healthcare market. Besides, the country has a well-defined public healthcare structure for its permanent residents. At the point of need, public healthcare coverage is subsidized or offered completely free and is usually paid through general taxation. Persistence Market Research in its latest study reveals that the U.K. private healthcare market is set to expand at a sluggish 2.8% CAGR during the forecast period (2017–2025). In addition, this market is anticipated to represents an absolute $ opportunity of US$ 321.4 Mn in 2018 over 2017. According to PMR findings, the U.K's private healthcare sector is much smaller than the public sector. However, a rise in self-pay elective procedures and introduction of attractive packaged pricing is expected to support the country's private healthcare sector in the near future.

Costume jewelry (also known as fashion jewellery, trinkets, junk jewelry, fake jewelry and fallalery) is a jewelry made of less valuable materials as compared with valuable materials such as gold, diamond, platinum and other precious metals and gem. The raw material used for these jewelleries include base metals, glass, plastic, synthetic stones, semi-precious stones, beads, ivory, lac, leather, terracotta, pearl and metals such as silver, aluminum and brass. On the basis of products, the costume jewelry industry is broadly categorized as bracelets, brooch, earrings, necklaces, chokers, bangles, finger rings, toe rings, anklets and pendants.

Food preservatives are substances that are added to food to keep it safe and fresh for longer duration of time. The food preservatives are used across beverages, dairy bakery, snacks, meat and sea food during processing and packing to prevent them any bacterial effects. The growth in demand of these food items is expected to be major driver for the food preservative market. Global nature of food sourcing and increasing complexities in the food supply chain have resulted in increasing demand for products and techniques required to prolong the shelf-life of the food product, thus increasing the demand for food preservatives.

Food and beverages packaging provides protection, tampering resistance and special physical, chemical, or biological needs for the food and beverages. Further Food packaging aids food nutrition, rapid and reliable distribution of food among the value chain and reduces post-harvest losses.

Milk is an essential food in our diet because of its balanced composition of nutrients (proteins, lipids, glucids and minerals). It is used for the preparation of various food and beverage products. Dairy ingredients are food ingredients made from milk and are used in preparing various food products such as ice creams, chocolate, sports food, clinical nutrition, bakery-snacks, pork meat, ready-to-eat, prepared deserts and soups. Dairy ingredients are divided into various categories such as milk powder (dried form of milk manufactured by evaporating milk to dryness. Main purpose of drying milk is to preserve it as milk powder has longer shelf life than liquid milk and does not need to be refrigerated, due to its low moisture content), whey ingredients, milk protein concentrates & milk protein isolates (substance obtained by partial removal of non-protein constituents such as, lactose and minerals from skim milk so that the finished dry product contains 90% or more protein by weight) and lactose & its derivatives. Major end-users of dairy ingredients are bakery & confectionery, dairy, convenience foods, sports & clinical nutrition products.

Corrugated board packaging technique is regarded as the biggest segment among the overall paperboard packaging technique. Corrugated Board is a high performance packaging material designed to pack, protect and promote products. Corrugated board is a combination of three sheets of paper, collectively called containerboard. The paper layers on the outside are known as the liners, or linerboard, while the fluted or wave-shaped material in the middle layer is called corrugating medium.

Cereal ingredients are mainly used in the breakfast cereals (Hot and Cold breakfast cereals). Cereal ingredients play an important role in breakfast as it helps in maintaining the taste and nutritive quality in the food product. Some of the benefits of having a regular nutritional breakfast are improvement in memory, balanced cholesterol and insulin levels, physical activeness and low risk of obesity. The practice of skipping breakfast has been reducing, while the per capita consumption of breakfast has been increasing globally over the past few years. Cereals are considered to be an ideal breakfast category due to their high nutritional and low calorific value. Breakfast cereals are mostly made of whole grains ingredients such as oats, wheat, rice, barley and other grains.

Luxury vehicle is a term used for the vehicles that provide luxury (pleasant or desirable features beyond necessity) at premium price. It can also be referred as the vehicle with features such as, higher quality equipment, better performance, more precise construction, comfort, higher design and technologically innovative with features that convey an image, brand, status or prestige for the individual in the society. Luxury vehicles provide high degree of comfort than other vehicles. Major contents of these cars are genuine leather upholstery and polished "wood grain-look" dashboards.

Commodity chemicals (bulk chemicals) are a group of chemicals that are made on a very large scale and act as intermediates to produce other chemicals, which, in turn are used to produce a extensive range of end-user products including construction materials, adhesives, plastics, apparel and tires. Commodity chemicals are the largest sub-segment of the chemical industry. Commodity chemicals are commonly traded under broad categories such as organics, inorganics, plastics resins, synthetic rubbers, fibers, films, explosives and petrochemicals. These broad categories include chemicals such as, acetic acid, acetone, acrylate esters, adipic acid, acrylonitrate, benzene, bisphenol, butadiene, butanediol, butyl acetate, hexane, melamine, polyvinyl chloride, propylene, methanol, methyl, glycol and glycerines. These chemical are very low in product differentiation, and hence making price the dominant economic factor in purchasing decisions for the end users.