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The global pet food processing market is expected to be worth USD 5.0 billion in 2022, rising to USD 8.4 billion by 2032, representing a CAGR of 5.3 percent for the forecast period of 2022–2032. The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend of pet …
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According to a recent report by Future Market Insights, a market research and competitive intelligence provider the global microencapsulation market is expected to be worth USD 6.5 billion in 2022 and USD 10.3 billion by 2032, growing at an annual rate of 8.2% from 2022 to 2032. Microencapsulation is becoming more common as the need for functionally …
The global food grade gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029. According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the …
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The plant-based meatballs market is witnessing impressive growth due to the rising demand for alternate meat. As people are getting more inclined towards vegetarian or flexitarian diet, the demand for plant-based meatballs products is sky-rocketing across the global. According to Future Market Insights (FMI), the global plant-based meatballs market is expected to rise at 23% CAGR during the forecast …
The global corrosion protection tapes market is likely to join the bandwagon of exponential growth between 2022 and 2031 at a CAGR of 4.4%, reaching US$ 1.8 Bn by the year 2031. Corrosion protection tapes are surface protection tapes infused with anti-corrosive materials which are covered around metal components suitable for wide-ranging usage in various industries. According …
FMI Shrink sleeve label market report projects this industry to reach a high valuation during the forecast period of 2021-2031, which will be represented by a graph of positive growth, with a noteworthy CAGR. the growth is further boosted by an increase in applications in quick-service-restaurants (QSR). “Owing to such heightening beverage sales, manufacturers are focusing on …
Sales of container containers have increased significantly across industries such as FMCG, chemicals, paints and petroleum. Future Market Insights (FMI) forecasts intermediate bulk container (BIC) sales to grow at a CAGR of 6.8% by 2031. There are many products that are not traded in different regions due to the lack of effective packaging types for transporting them. Intermediate …
The growing trend for ready-to-drink tea has been complementing the rising consumption of pyramid tea bags. Future Market Insights (FMI) in its recent report has identified the scope for expansion of the pyramid tea bags market. The report forecasts the market to register a steady expansion at around 4.5% CAGR between 2022 and 2030. The benefits …
Expanding at a CAGR of 8.7%, the global anti-counterfeit cosmetic packaging market is projected to increase from a valuation of US$ 32.6 Bn in 2022 to US$ 49.5 Bn by 2027, according to a recently published study by ESOMAR-certified market research company Future Market Insights (FMI). As global cosmetic consumption rises, unscrupulous entities are looking to flood the market with counterfeit, duplicate and …
Future Market Insight (FMI) estimates that packaging testing revenues will increase significantly from 2021 to 2031, with worldwide revenues up 12.3% year over year in 2021. Driven by introduction of new standards and regulations to increase sale of packaging testing equipment, the packaging testing market is forecast to reach valuation of US$ 12.60 Billion by the end of 2021. Consumers are …