Demand for Protease Market is expected to reach US$ 1.8 Bn in 2021, according to the latest Future Market Insights (FMI) study. Driven by the rising demand for healthy food derived from natural sources, the market value is expected to reach US$ 3.94 Bn by 2031, exhibiting growth at healthy CAGR of 7.8% for 2021-31. As synthetic chemicals used in industrial operations are …
Monthly Archives: May 2022
Galactose Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2031
The global galactose market topped US$ 26.1 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to surpass US$ 45.1 Bn by 2031. Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry. …
Paprika Color Market 2022 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2031
According to Future Market Insights (FMI) sales of paprika color will increase consistently to surpass US$76.92 Mn in 2021. Demand for paprika color is expected to grow at a 7.0% CAGR over the assessment period, from 2021 to 2031. Paprika color application is poised to surge in the food industry, especially in meat products, salad dressings, confectionery, vegetable oils, soups, seasoning, …
Dog Food Market to depict appreciable growth prospects over 2022-2031
Driven by growing trend of pet humanization across the world, sales of dog food are projected to grow by 6.2% CAGR through 2031, finds Future Market Insights in a recent market study. Shifting consumer preference towards organic and plant-based dog food options is anticipated to push sales in the market over the forecast period. Considering this, FMI has …
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Tomato Seed Oil Market Emerging Players May Yields New Opportunities 2022-2031
As per the latest analysis by FMI, the tomato seed oil market in Asia Pacific is projected to total US$ 52.8 million in 2021. Growing application of tomato seed oil across various industries such as food and beverage, animal feed, and cosmetics is facilitating its sales in Asia Pacific. Driven by this, the Asia Pacific market is estimated to reach US$ 106.4 million by 2031. Demand …
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Fruit Powders Market – Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2031
The rising demand for clean label ingredients in food products is creating opportunities for fruit powder market growth. In its latest study, Future Market Insights (FMI) has forecast the demand for fruit powder to increase at 7.4% CAGR between 2021 and 2031. Recently, fruit powder has gained immense popularity among the consumers because it is considered a rich source …
Chlorophyll Color Market Size, Share Production & Consumption Analysis With Forecast To 2031
As per a study by FMI, the global chlorophyll color market is poised to total US$ 126 Mn by 2021. Rising application of chlorophyll colors across the candy & confectionery and beverage industries is set to drive growth in the market at an impressive CAGR of 9.6%. This will also enable the market to surpass a valuation of US$ 316.2 …
Corrosion Protective Coatings and Acid Proof Lining Market is Anticipated to Expand at a Healthy CAGR during the Forecast Period
Demand for corrosion protective coatings and acid proof lining materials will continue to witness steady demand in 2016, with global revenues totalling 31,636.2 Mn in 2016, an increase of 5.5% over 2015. Slow, yet promising growth in the construction sector will continue to drive adoption of corrosion protective coatings and acid proof lining materials in 2016. Demand …
Growth in Bentonite Market is Projected to Continue Over the Assessment Years, FMI Study
Increasing oil drilling and construction activities across the world is expected to create increasing demand for bentonite between 2021 and 2031, finds Future Market Insights (FMI) in a new study. According to the report, the market is expected to reach US$ 2.37 Bn by the end of 2031. Through the course of the forecast period it is …
Automotive Plastics Market is projected to expand at a CAGR of 6.9% over the forecast period 2021-2031
As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global automotive plastics market is projected to total US$ 61.58 Bn in 2021, expanding at a healthy 6.9% CAGR. Owing to the ongoing COVID-19 crisis, the automotive plastic market witnessed a stagnated sales in 2020. However, demand is estimated to increase as the automotive industry …