According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of mineral premixes are estimated to reach a value of USD 1.74 Bn by 2032, surging at 8.6% CAGR through the decade. The mineral premix market in the U.S is expected to grow at a CAGR of 8.4% during …
Monthly Archives: June 2022
Bulk Container Packaging Market Estimated to Expand at a Robust CAGR By 2031
Global bulk container packaging sales are set to grow at 3.1% in 2021, up from a modest 1.8% growth witnessed in 2020, according to latest insights presented by Future Market Insights (FMI). Bulk container packaging demand remained lackluster in 2020, mimicking the broader sluggishness in global economy. However, as revival commences, bulk container packaging manufacturers can expect …
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Brewing Enzymes Market Will Expand at a 6.4% through 2032 Amid High Demand for Flavored and Gluten-free Beers Worldwide
Total sales in the global brewing enzymes market are anticipated to grow at a CAGR of 6.4% over the forecast period and expected to reach a valuation of US$ 409.3 Mn in 2022 and projected to reach a valuation of US$ 761.2 Mn by 2032. The brewing enzymes market accounts for around 17% of the …
Medical Tray Sealers Market Share and Growth Factors Impact Analysis 2028
Medical tray sealers as the name suggest are used to seal the trays. Each medical tray sealer machine is designed to meet consumer requirements with regard to tray and product infeed, discharge of packs, labelling and quality inspection. Medical Tray Sealers market is segmented on the basis of machine type into- Automatic and semi-automatic medical …
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Expanding Choices and Convenience Shaping the Future of Lunch Takeout Market
The global lunch takeout market was worth USD 215.3 billion in 2021, with a compound annual growth rate (CAGR) of 5.9 percent predicted from 2022 to 2032. The increased desire among millennials for home-cooked and chef-prepared meals are one factor fuelling the growth of the lunch takeout market. The delivery service has expanded in popularity and use among generations Y …
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Packer Bottle Market to Garner Brimming Revenues by 2031
Over the last few years, packaging bottles have emerged as a convenient packaging solutions, especially for pharmaceutical, food, chemical industries among others. According to a report by Future Market Insights (FMI), packer bottles market is expected to surpass US$ 5.31 Bn by 2031. Packer bottles are light in weight, small in size, and cost effective packaging solutions …
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Lubricant Packaging Market Expected to Witness High Growth by 2029
The lubricant packaging market is projected to record a CAGR of ~5% during 2019-2029, majorly driven by the sales of automobiles, despite increasing prevalence of electric vehicles in the transport sector. An incessant rise in number of passenger vehicles worldwide has translated into rewarding opportunities for the lubricant packaging manufacturers. However, it is pertinent to note that …
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Carnauba Wax Market to grow at a CAGR of 4.2% through 2032
The carnauba wax market is expected to escalate at a CAGR of 4.2%, from USD 290.0 million in 2022 to USD 435.8 million through 2032. Amid the COVID-19 crisis, the global market for carnauba wax is estimated at US$ 290.0 Million in 2022 to US$ 435.8 Million in 2032. Previously, the market grew at a …
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Gummed Tapes Market Expectations and Growth Trends Highlighted Until 2031
The global gummed tapes market is estimated to expand at 6.2% CAGR between 2021 and 2031, find Future Market Insights (FMI). These tapes are most preferred for sealing heavy equipment, furniture, and other bulky items to reduce the risk of damage during the transportation of the products. Sales of these tapes are expected to burgeon on the back of …
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Transportation Predictive Analytics And Simulation Market Present Scenario and Growth Prospects 2027
As the global transportation & logistic industry observes convergence through the adoption of data-centric solutions, predictive analytics & simulation software are likely to be in great demand in the future. As a measure to improve the efficiency of transportation operations, predictive analytics and simulation software use the captured data to determine patterns and show future …