New Product Development
Optical Encoder Market revenue totalled ~US$ 2,333.4 Mn in 2021 and is projected to reach ~US$ 4,851.9 Mn by 2029, growing at a CAGR of 9.7% for 2022 – 2029. Increasing implementation of advanced absolute optical encoders by manufacturers of surface mount technology (SMT) placement equipment will also remain a major booster to market growth through 2029. …
Continue reading “Optical Encoder Market : Notable Developments & Geographical Outlook 2022 to 2029”
Future Market Insights (FMI) in a new report has projected online clothing rental market to exhibit solid growth between 2021 and 2031. The market is projected to reach US$ 1.8 Bn by 2021. The subscription model is becoming a new trend in the clothing rental business. It appeals to retailers who are under pressure to cater to …
The demand for content delivery networks (CDNs) around the world has risen strongly in 2020, with the ongoing pandemic of the coronavirus creating opportunities for work from home and e-learning. Also, the prospects of the industry through 2030 is very positive, according to Future Market Insights (FMI). The report has stated that the industry will benefit from …
The global shea butter market is set to witness growth at a CAGR of 7.7% and top a valuation of US$ 5.5 Bn by 2032, finds Future Market Insights (FMI). Increasing consumption and binge eating of chocolates and confectionery products is encouraging manufacturers to develop alternative solution such as shea butter as an ingredient, which are nutritional for human health. It …
As per a recent market analysis by Future Market Insights (FMI), the global cheese market is forecast to total US$ 92 Bn in 2022. With sales growing at a 3.4% CAGR, the market valuation will reach US$ 128.5 Bn in 2032. Increasing preference for healthier snack options is encouraging product developments in the market. Consumers are more concerned about portion control than …
Through 2030, the global wrinkle release spray market will grow at a CAGR of around 5.0 percent. Despite a period of slower growth in 2020, the wrinkle release spray market will improve, according to Future Market Insights (FMI), as consumers look for ways to make their everyday duties easier. The FMI study examines the wrinkle …
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The global fungal protein market size is expected to reach US$ 3.8 Bn in 2022, with sales growing at a robust 8.7% CAGR over the forecast period 2022 and 2032. The fungal protein market is gaining traction due to the rising awareness of the benefits of the product on human health. Ankaflavins, melanins, flavins, anthraquinone, naphthoquinone, and quinones, which are pigments found …
Thebotanical supplements marketis valued at US$ 55.6 Bn in 2022 and is projected to grow at a CAGR of 7.7% during the forecast period, to reach a value of US$ 116.7 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global botanical supplements demand is projected to grow year-on-year (Y-o-Y) growth of 7.3% in 2022. The team of …
The global refrigerated snacks market is expected to reach a market valuation of US$ 84.5 Bn by the year 2022, accelerating with a CAGR of 4.2% by 2022-2032. Refrigerated snacks sales are likely to account for ~20% of the overall snacks market, which is anticipated to be valued at US$ 427.2 Bn by 2022 end. Low-calorie food products such as refrigerated snacks are in high demand around …
The global frozen potato market size was valued at US$ 58.5 Bn in 2022 and it is expected to grow at a CAGR of 5.8% from 2022 to 2032. Frozen potato sales are likely to account for ~6.0% of the demand in the global frozen potato market, valued at US$ 58.5 Bn in 2022. As global potato output is increasing, food manufacturers are getting more opportunities …
