New Product Development
According to Future Market Insights (FMI), the global tinted cosmetics market is estimated at US$ 1.5 Bn in 2022 and is projected to reach US$ 2.29 Bn by 2032, with overall sales accelerating at a CAGR of ~4.3% from 2022 to 2032. Tinted cosmetics are commonly used by people all over the world to cover up blemishes, uneven skin tone, and pores …
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By the end of 2032, the global market for regenerative thermal oxidizers is predicted to be worth more than US$ 13 billion, up from US$ 9 billion in 2021. Sales of regenerative thermal oxidizers are anticipated to reach US$ 9.5 billion by 2022, growing at a CAGR of 4% to 5% from 2022 to 2032. Industrial equipment …
According to Future Market Insights, the global smart mirror market is anticipated to hold a market value of US$ 548.21 Million in 2023 and US$ 1,183.54 Million by 2033. The projected growth rate is nearly 8% during the forecast period from 2023 to 2033. One of the primary reasons propelling the growth of the industry is the increase in demand for connected devices …
The global chilled water storage system market is anticipated to be valued at US$ 155.0 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 302.2 Million from 2022 to 2032. Growth is attributed to increasing demand in end-user industries such as petrochemical, oil & gas, pharmaceutical, and food & beverages. From 2016-2021 a CAGR of 2.7% was registered for the biscuit …
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 faster rate …
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The global cane sugar market is set to witness growth at a CAGR of 5.6% and is anticipated to reach a valuation of around USD 75.9 Bn by 2032. Sugar is necessary for flavorful and pleasant food. However, its consumption might lead to weight gain, obesity, diabetes, and cholesterol problems. Cane Sugar is used to combat this …
The global chitosan market is growing at a steady pace owing to the increasing application of chitosan in the treatment of cancer, diabetes, and tuberculosis. As per a study by Future Market Insights (FMI), the market has registered a CAGR of over 12.1% during 2016-2020 and is likely to exhibit a CAGR of over 14.3% during the forecast period 2021 …
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The global organic tea market is expected to reach market valuation of US$ 1.2 Bn by the year 2022, accelerating at a CAGR of 8.2% by 2022-2032. Organic products are becoming common among consumers due to their changing lifestyles and the growing notion that organic products are healthier than conventional ones. Moreover, the growing trend of consuming …
The pet food ingredient market was valued at US$ 11.49 Bn in 2021 and is projected to grow at a CAGR of 5.4%, to reach a value of US$ 20.5 Bn by 2032. The market accounts for 6% of the overall pet care market which was valued at US$ 189 Bn in the year 2021. This growth is attributed to the current …
The global dehydrated pet food market is projected to reach US$ 8.6 Bn, registering a CAGR of 4.9% during the forecast period (2022-2032). The overall sales of dehydrated pet food for dogs are expected to surpass US$ 13.8 Bn by the end of 2032. Surging adoption of dogs and cats and growing trend of pet humanization will boost the dehydrated pet food …
