The worldwide market for food diagnostics was estimated at US$ 12.5 Billion during 2019 and is likely to touch US$ 23.9 Billion towards the end of 2029. The worldwide market is likely to reflect a 6.70% CAGR during 2019-2029. The foremost fueling aspects on the food diagnostics market are the growing worldwide outbreaks of food …
Monthly Archives: June 2020
Consumption Pattern Might Change Because of COVID-19 Outbreak would Influence Brewery Equipment Market Development
The demand for brewery equipment is rising because of the increase in several micro-breweries, which consecutively fuels the overall requirement for equipment in craft breweries. The worldwide market for brewery equipment will record US$ 28.9 Billion by 2030. Key Takeaways from Market Research The market for brewery equipment will soar at a 4.8% CAGR amid …
Cloud Communication Platform Market to See Expansion Due to Increased Production Rate & Wider Personalization
As indicated by Future Market Insights, the worldwide cloud communication platform market is foreseen to see an exponential ascent in revenue from the base time frame 2019 upheld by a sturdy development pace all through the 2020-2030 projected period. The market is anticipated to observe huge development amid the estimated time frame, because of various …
Temperature Controlled Packaging Solutions Market to Witness Increasing Intake of Perishable Food Products
Growing requirement for effective transportation of perishable food products all over distant geographies, together with elongating supply chains comprising multi-modal supply routes, necessitates best temperature handling for a longer period of time. This has ensued into enhanced sales of temperature assured packaging solutions all over the entire geographies, particularly insulated containers. This is ascribable to …
Carbon Steel keeps on to be Favored Material in the Steel Drums Market
Widespread utilization by lubricant, petroleum, and chemical industries for shipment and storage purposes, steel drums will keep on to foresee confirmed sales throughout the approaching years. As indicated by the latest Future Market Insights (FMI) study, worldwide steel drums market would foresee at a sturdy rate at 3.7% CAGR amid 2019 – 2029. Steel drums …
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Government Support and New Drug Development Boosts the Oxycodone Market
Growing at a relatively modest CAGR of 4.6%, the worldwide market for oxycodone is likely to touch a market revenue of US$ 4 Billion through 2028 end—reflecting absolute dollar prospects of US$ 181.3 Million, during 2018-2019. An increase in the number of patients suffering from fatally-ill ailments, such as HIV and cancer, and a higher …
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Growing Prescription of Sleep Aids to Boost Narcolepsy Treatment Market
The worldwide market for narcolepsy treatment is anticipated to account for a revenue estimation of US$ 3,818 Million, recording a CAGR of 5.7%, during the forecast period 2018-2028. Future Market Insights (FMI), in its recently published market intelligence stance, spotlights significant requirement for narcolepsy treatment in North America. Narcolepsy treatment scenario in Europe, would foresee …
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Increasing Awareness regarding Benefits of Microbial Lipase is Fueling Expansion
The global market for microbial lipase will be reaching US$ 915.9 Billion by 2029 end exhibiting a sturdy CAGR during 2019-2029. The market was estimated at US$ 510 Billion in 2019. The increased usage of enzymes in toiletries, dairy foods, feeds for animals, in addition to cleaning agents is likely to fuel expansion in the …
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Demand for Insect Feed Will Rise in Pig and Poultry Nutrition
The worldwide market for insect feed is anticipated to account for US$ 2204.7 Million towards the end of 2030. The market is estimated at US$ 850 Million in the year 2020. It would reflect a CAGR of 10% during 2020-2030. The increasing need for fish farms has added to a rise in fish oil and …
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Growing Dependence on Healthy Diet Regimes Amid Consumers to Push Fibers & Specialty Carbohydrates Market
The worldwide market for fibers & specialty carbohydrates is projected to touch US$ 16919.5 Million before the conclusion of 2030. As per research by Future Market Insights, the market would show a consistent ascent at a CAGR of 6.1% during 2020-2030. This ascent in market estimation could be credited to increasing need for plant protein …