Press release
Vegetable-based Inks Market Industry Improvement Status and Outlook by 2031
๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐The global vegetable-based inks market was valued over US$ 9 Bn in 2021
It is estimated to expand at a CAGR of 4.7% from 2022 to 2031
The global vegetable-based inks market is expected to cross value of US$ 14 Bn by the end of 2031
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/vegetable-based-inks-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
Companies in the vegetable-based inks market are focusing on high-growth applications such as label and packaging, and commercial printing to keep their businesses growing post the COVID-19 pandemic. Vegetable inks help in creating sustainable retail practices. These inks are produced with the help of vegetable oils; therefore, they rely on a compound that can be grown and replenished indefinitely. The global vegetable-based inks market is expected to flourish due to the rise in environmental awareness in the food & beverages industry.
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vegetable-based inks are made from a colorant (pigment or dye), binder (such as resin), and carrier. The difference between vegetable-based ink and petroleum-based ink is the carrier. A carrier consisting of soy, linseed, or other vegetable oil is used in vegetable inks. Primary application areas of vegetable-based inks are label and packaging, commercial printing, leather and textile printing, capsule and tablet printing, medical device printing, and optical printing. Vegetable-based inks provide high quality and efficient printing performance. They are also economical.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84548
๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐ฎ๐ ๐ญ๐จ ๐๐จ๐ฐ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฆ๐ฉ๐๐๐ญ
Of late, sustainability and the environment have been at the forefront of public consciousness, owing to the impact of climate change and other issues generating increasing awareness in the public and private sectors. Vegetable-based inks contain less than 4% volatile organic compound (VOCs), while petroleum-based inks can emit 25%-40% volatile organic compounds (VOCs). Vegetable-based and VOC-free inks also help reduce greenhouse gas emissions. As a result, vegetable-based inks are environment-friendly.
Vegetable inks are produced from vegetable oils; therefore, they are easily renewable. These vegetables are cash crops that help fix nitrogen in the soil in their growing process. They also help keep farmland healthy and fertile.
๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ | ๐๐๐ฏ๐ ๐ฎ๐ฉ ๐ญ๐จ ๐๐% ๐๐ฒ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ -https://www.transparencymarketresearch.com/checkout.php?rep_id=84548<ype=S
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ
Asia Pacific held the largest value share of 43% of the global vegetable-based inks market in 2021. High share of the region can be primarily ascribed to the high demand for vegetable-based inks in food & beverages, healthcare, textile, and publication industries.
North America and Europe were also large consumers of vegetable-based inks, holding 21% and 26% share, respectively, in 2021. Label and packaging, and commercial printing are the highest growing applications of vegetable-based inks in these regions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84548
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ ๐๐ญ๐๐๐ฅ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ
The global vegetable-based inks market is consolidated with a small number of large-scale vendors controlling majority of the share. Most of the firms are investing significantly in comprehensive research & development activities, primarily to develop environment-friendly products. Expansion of product portfolios and mergers & acquisitions are the key strategies adopted by key players. Leading producers of vegetable-based inks across the globe include Sun Chemical, Inks Kingwood Professional, Toyo Ink LLC, Flint Group, and Siegwerk Druckfarben AG & Co. KGaA.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
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