Haruto Riku

 The Asia-Pacific energy drinks market was valued at USD 13,793.02 million in 2020, and it is estimated to register a CAGR of 8.46% during the forecast period (2022-2031). The governments in the region have proactively responded to the situation to control the spread of COVID-19 through proper awareness, and efforts have been made to provide staples to all sections of the society in these disturbing times. This factor has rescued the energy drinks market from a huge crash. Thus, the market witnessed a surge in demand for products that provide immunity. Wunderman Thompson South Asia found that 94% of respondents from 32 cities in 15 states claimed that everyone in their home needed an immunity boost. The e-commerce platform Snapdeal claimed that a third of its users were buying safety and immunity-focused food and products. Increased urbanization, rising disposable income, and growing health consciousness among consumers contribute to the rising demand for non-carbonated drinks across t

  The flavor and fragrance market was valued at USD 3024.3 million in 2020, and it is estimated to register a CAGR of 5.91% during the forecast period (2022 - 2031). The COVID-19 impact on the industry was evident during the initial few months of market lockdowns, followed by supply chain disruptions. However, countries rapidly adjusted their systems with the crisis and made the agricultural and food sector running during the pandemic, leading to a quick recovery of the industry sales. The overall flavor industry runs over consumer demand to experience the most nuanced and subtle flavor in food, with the taste being the most specific factor influencing the purchase decision of a consumer. The organization reveals that the importance of taste has increased since 2018, with about 86% of consumers choosing taste over other food attributes prior to their purchase. In the fragrance application, consumer goods are projected to be the largest segment. The rise in disposable income and changin

The Europe Plastic Bottles and Containers Market was valued at USD 35.9 billion in 2020 and is expected to reach USD 48.5 billion by 2031, registering a CAGR of 4.3% over the forecast period from 2022 to 2031.  In most European countries, the population is growing, and the use of packaging per person increases. It is due to consumer behavior trends, such as the use of convenience products, and the increasing use of plastic as substitutes for other packaging materials. The demand for plastic bottles and containers continues to rise in Europe even though serious concerns are being raised about their impact on the environment. However, the market also faces challenges due to the government regulations in Europe and increasing consumer demand that pushes manufacturers to look for plastic packaging solutions that are biodegradable or derived from sustainable sources. Plastic containers are also becoming famous in the beverage segment and the food, cosmetics, and pharmaceutical industries.