Food Grade Inks Market 2021| Global Facts, Figures and Analytical Insights by Flint Group, Siegwerk, Squid Ink, Colorcon and Others till 2028

Food-grade inks are safe for human consumption and can come in direct contact with food. These inks used for food packaging and are manufactured by using colorants, solvents, and additives. These inks need to comply with food safety standards. Food grade inks comes in water based and solvent based forms.

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"Global Food Grade Inks Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food grade inks market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the food grade inks market players and offers key trends and opportunities in the market.

SEGMENTATION:

• Based on type, the global food grade inks market is segmented into water based, solvent based and others
• Based on application , the market is bifurcated into food & beverages, supplements & nutraceuticals, and others

MARKET DYNAMICS:
Drivers

• Changing consumer preference for packaged food boosting the consumption of food packaging. Thus, propelling the demand for food grade inks.
• Increasing regulations to enhance food safety may provide growth opportunities for the food grade inks market.

REGIONAL FRAMEWORK:

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The food grade inks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food grade inks in these regions.

IMPACT OF COVID-19 ON FOOD GRADE INKS MARKET:

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shut downs. Shut down of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS:

1. Flint Group
2. InkJet, Inc.
3. Sakata Inx (India) Private Limited
4. Siegwerk
5. Independent Ink Inc.
6. Sun Chemical
7. Kao Collins Corporation
8. Squid Ink
9. Needham Inks Ltd
10. Colorcon

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This release was published on openPR.