United States & Canada Degassing Valves Market

1. United States & Canada Degassing Valves Market: Overview, Data Updates, Reports Analysis & Forecast | FMI Degassing valve sales in the United States and Canada are anticipated to surpass US$ 21.9 million in 2023. From 2023 to 2033, it is projected to increase at a moderate CAGR of 4.8%. By the end of 2033, it is expected to have a value of US$ 34.9 million. The top 5 degassing valve producers are anticipated to hold between 35% and 40% of the market share. In recent years, flexible packaging formats have witnessed substantial demand from end users and brand owners. Shift from rigid packaging to flexible packaging is a leading trend in the United States & Canada packaging sector. It is owing to a range of benefits offered by flexible packaging solutions. Request For a Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-17158 Bags and pouches are commonly used in flexible packaging for food products that require air-tight and barrier packaging. These forms of packaging offer several benefits such as good shelf appeal, portion control, and convenience. Small degassing valves are a form of modified atmosphere packaging (MAP), which are extremely popular in the regional coffee market. Consumers prefer products that offer convenient features such as re-sealable options, portability, and easy peel or easy open options. Degassing valves are used in bags and pouches for the packaging of food products that emit gases. Brand owners operating in the United States and Canada are demanding flexible packaging formats to fulfill their packaging requirements. Moving from rigid to flexible packaging helps brand owners to enjoy high-profit margins. Sizeable reductions in transportation and packaging costs have resulted through a shift to flexible packaging. Such transitions are likely to create a remarkable demand for degassing valves in both countries. Rapidly changing lifestyles, drinking patterns, and growing preference for healthy beverages have boosted demand for low-calorie drinks such as low-calorie coffee across the United States & Canada. Growing health consciousness among millennials, especially related to obesity, is also projected to push demand for low-calorie drinks. Popularity of various low-calorie drinks is set to surge significantly in the United States and Canada. It would be on the back of several associated benefits such as appetite control and improved metabolism. Degassing valves are predominantly used in coffee packaging solutions such as bags and pouches to preserve the freshness of coffee for a longer duration. In the last couple of years, drinking coffee and low-calorie coffee have been few of the most sought-after beverage categories across the United States. These are anticipated to remain so during the foreseeable future. Consistently rising demand for low- calorie and sugar-free drinks across the United States and Canada is projected to induce a positive impact on sales of degassing valves through 2033.

2. Key Takeaways from the United States & Canada Degassing Valves Market Study  By product type, filter integrated valves are estimated to account for about 2% of the United States & Canada degassing valves market share in 2023.  By end use, the coffee segment is expected to generate about 5% of the United States and Canada degassing valves industry share in 2020.  Based on material, the PE valve category is anticipated to be valued at US$ 15.6 million by the end of 2033.  The United States is projected to hold around 7% of the degassing valves market share by the end of 2033.  The United States & Canada degassing valves industry witnessed a CAGR of 1% during the historical period. “Degassing valves have experienced rapid expansion thanks in large part to the organized retail sector in the United States and Canada. Need for coffee packaging solutions, including degassing valves, has increased dramatically as a result of growth in the number of supermarkets, hypermarkets, and other retail outlets.”–Says a lead analyst at Future Market Insights (FMI) Want your report customized? Speak to an analyst and personalize your report according to your needs: https://www.futuremarketinsights.com/customization-available/rep-gb-17158 United States & Canada Degassing Valves Market Outlook by Category By Material:  PE Valve  PP Valve  Bio-based  Silicone  Others By Product Type:  Filter Integrated Valves  Non-filter Integrated Valves By Packaging Format:  Bags  Pouches By End Use:  Coffee

3.  Dairy  Pet Food  Fermented Food  Other End Use By Country:  United States  Canada Access Full Report: https://www.futuremarketinsights.com/reports/united-states-and-canada- degassing-valves-market