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2020-2025 US Payment Card Market Size, Share, Trends, Growth, Forecast Analysis Report by Segment, Product, Application, Region & Forecast Outlook

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Due to the major factors of the US payment card industry technological advancements, improvement in security system and standardization by regulatory authority the US payment card market is anticipated to witness a hike over the forecast period.

Previously in 2017, the global US payment card market size was valued at USD 934.3 million and estimated to project the value of USD 4,133.7 million in 2025.

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One of the major factors driving the global U.S. payment card market growth is the U.S. government’s initiatives to shift from cash to cashless economy. According to the Bank for International Settlements, in 2015, North America dominated the overall market in the number of non-cash transaction by contributing around 34%. The non-cash transaction includes cheques, payment cards, online payments, and mobile wallets.

The global US payment card market share is segmented into type overview. Based on the same, the global US payment card market is categorized into contact, contactless, and dual interface. In 2017, the contact-based payment card efficiently influenced the U.S. payment card market and is estimated to keep the consistency over the forecast period. Maximum count of U.S. citizens prefers contact-based traditional and EMV smart cards to complete the transaction. The chip card requires a confidential PIN to authenticate the transactions, it is the one of the most preferred type of card. Moreover, many of the business and commercial transactions require personal identification number to complete the transaction. However, this reduces the count of frauds occurring by data theft.

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Furthermore, the U.S. payment card market is witnessing a healthy growth as people are more likely believing on the digital and cashless economy. Moreover, the U.S. payment card industry is introducing new products and services with advanced security features in the financial industry which is therefore increasing the penetration of payment cards in the market.

Looping on to the geographical view, U.S. holds the world’s largest user base of magnetic stripe cards and was the last developed country to adopt EMV cards. Due to the increase in the count of magnetic card frauds such as card cloning, ATM machine frauds, and thefts the fraud prevention system of the U.S. government was challenged to solve the situation and had an only choice of implementing EMV standards. With good results, EMV cards had been successful in reducing the number of frauds across Europe, and Asia Pacific as it added tokenization to the security layer.

Moreover, the advancement in technology has completely changed the way payments were made using microchip cards. Near Field Communication (NFC) is one of the latest U.S. payment cards trends and emerging technology which has significantly enabled contactless payment through mobile devices and wearables such as smartwatches, rings, jewellery, and other accessories. However, the transaction is completed conveniently by holding the devices near the payment terminal.

Key segments of the U.S. Payment card market

Type Overview, 2015-2025 (USD Million) (Million Units)

  • Contact
  • Contactless
  • Dual Interface

Key players analysed

  • Gemalto
  • Oberthur Technologies
  • Perfect Plastic Printing
  • Giesecke & Devrient
  • CPI Card Group
  • Goldpac Group Ltd
  • Valid USA, Inc.
  • dz card
  • MCT Cards & Technology Pvt. Ltd
  • CardLogix Corporation

Major Points from TOC of the US payment card industry report:

Chapter 1. Executive Summary

Chapter 2. Research Methodology

  • Research approach
  • Scope, definition, and assumptions
  • Data sources

Chapter 3. Market Outlook

  • Introduction
  • Key trends
  • Market drivers
  • Market restraints
  • Porter’s Five Forces’ analysis
  • Value chain analysis

 

Chapter 4. US Payment Card Market Overview, By Type

  • US payment card market share, by type , 2017 & 2025
  • Contact
  • Contactless
  • Dual Interface

Chapter 5. Company Profiles

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas,

TX75204, U.S.A.

Phone No.: USA:  +1 972-362-8199/ +91 9665341414

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Global Market

Food Packaging Equipment Market to Top $19,268 Million by 2023

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Food Packaging Equipment Market

According to a new report published by Allied Market Research, titled, Food packaging Equipment Market by Equipment, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global food packaging equipment market was valued at $14,740 million in 2016, and is projected to reach $19,268 million by 2023, registering a CAGR of 4.0% from 2017 to 2023. In 2016, the labelling, decorating, & coding equipment segment accounted for approximately one-seventh share of the global market in terms of revenue.

Food packaging equipment includes machineries that are present in every stage of packaging process. Bottling line, cartoning, case handling, closing, filling & dosing, FFS (form, fill & seal) machinery, labelling, decorating, & coding, palletizing, wrapping & bundling, and others are some types of food packaging equipment that perform different packaging functions at different stages of processing.

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The growth in demand for attractive and innovative packaging in the food industry for product differentiation; rise in consumption of processed meat, poultry, and seafood; increase in purchasing power and rise in preference of online shopping of grocery leads to increase in demand for packaged food, which in turn is expected to drive the food packaging equipment market.

In 2016, labelling, decorating, & coding equipment accounted for the highest revenue growing at a significant CAGR of 5.2% from 2017 to 2023. Labels and codes are used on every kind of food product to brand, decorate, provide information, and track products. It consists of high ink-jet coders for printing barcodes, graphics, and text on cartons. Also, it has a wide array of print and apply labelers for labeling bottles, cartons, and pallets with high resolution graphics text and barcodes. This provides protection against tampering.

Whereas, high cost of development and installation of food packaging equipment in most of the developing countries, stringent legislations for food safety and energy-inefficient packaging equipment and machinery hamper the market growth. Growth in packaged food industry in emerging economies such as China, India, Indonesia, and Brazil make way for growth opportunity.

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Key Findings of the Food Packaging Equipment Market:

  • Asia-Pacific is expected to maintain its dominant position in the market in terms of value during the forecast period, followed by Europe.
  • Meat, poultry, and seafood is the largest application segment of the market, registering a significant CAGR from 2017 to 2023.
  • LAMEA accounted for approximately one-tenth share of the market in 2016.
  • The Asia-Pacific food packaging equipment market is anticipated to grow at the highest CAGR from 2017 to 2023.
  • North America accounted for approximately one-fifth share in the market, and is expected to grow at a CAGR of 4.0% during the forecast period.

Asia-Pacific and LAMEA collectively contributed about half of the global market share in 2016. The key players operating in the global food packaging equipment market are Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Global Market

Whey Protein Market 2020- Global Industry Analysis, By Key Players, Segmentation, Trends and Forecast By 2026

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OG Analysis

Focus on select sub-segments remains core strategy of Whey Protein market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in August 2020.

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The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Whey Protein markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Whey Protein companies. Majority of Whey Protein manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Whey Protein product offerings over the medium term future.

Browse Whey Protein Market Report @ https://www.oganalysis.com/industry-reports/213711/whey-protein-market

Global Whey Protein market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Whey Protein market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Whey Protein market size by type

The 2020 series of global Whey Protein market size, share, outlook and growth prospects is a comprehensive analysis on global Whey Protein market conditions. The report presents the detailed annual outlook of each of the sub segments of Whey Protein across markets to 2026.

Global Whey Protein market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Whey Protein end user verticals along with annual forecasts to 2026

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Global Whey Protein market revenue by country

The current Whey Protein market size in terms of revenue across 12 countries, along with historic data from 2017 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Whey Protein market analysis by Company

Top 10 leading companies in global Whey Protein market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Whey Protein products and services.

Global Whey Protein market news and recent developments

Latest news and industry developments in terms of Whey Protein capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

Contact Us:

Ambarish

Phone: +1 860 777 1418, +91-7337 01 3757

Email: [email protected]

Website: https://www.oganalysis.com

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Global Market

Global Salad Dressing Market 2020 Share, Trend, Segmentation and Forecast to 2026

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OG Analysis

Focus on select sub-segments remains core strategy of Salad Dressing market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in December 2019.

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The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Salad Dressing markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Salad Dressing companies. Majority of Salad Dressing manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Salad Dressing product offerings over the medium term future.

Browse Salad Dressing Market Report @ https://www.oganalysis.com/industry-reports/213697/salad-dressing-market

Global Salad Dressing market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Salad Dressing market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Salad Dressing market size by type

The 2020 series of global Salad Dressing market size, share, outlook and growth prospects is a comprehensive analysis on global Salad Dressing market conditions. The report presents the detailed annual outlook of each of the sub segments of Salad Dressing across markets to 2026.

Global Salad Dressing market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Salad Dressing end user verticals along with annual forecasts to 2026

Request for Special Discount on Salad Dressing Market Report https://www.oganalysis.com/discount/213697

Global Salad Dressing market revenue by country

The current Salad Dressing market size in terms of revenue across 12 countries, along with historic data from 2018 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Salad Dressing market analysis by Company

Top 10 leading companies in global Salad Dressing market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Salad Dressing products and services.

Global Salad Dressing market news and recent developments

Latest news and industry developments in terms of Salad Dressing capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

Contact Us:

Ambarish

Phone: +1 860 777 1418, +91-7337 01 3757

Email: [email protected]

Website: https://www.oganalysis.com

Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/

 

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