New Product Development
According to the findings of a new Future Market Insights (FMI) report, the global Ibuprofen API Market crossed US$ 626.2 Million in 2022 and is expected to grow at a CAGR of 3% to reach US$ 772.2 Million by 2029. The key drivers of the Ibuprofen API market are the ongoing need for low-cost nonsteroidal …
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The global Vacuum Blood Collection Devices Market is anticipated to reach US$ 2.3 billion in 2021, growing at a 6.3% CAGR during the forecast period (2021 to 2031). Increasing blood transfusion, rising blood test usage, rising demand for dependable and safe blood collection equipment, and rising use of aseptic procedures to provide better patient care …
A recently published study by FMI expects the global needle-free injectors market to augment at a 12% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 42.79 Billion is expected for the market. Faster drug delivery is the key driver for the needle-free injector market. Increasing demand for healthcare …
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Sales of global manometry systems are expected to reach US$ 157.3 Million in 2020. As per Future Market Insights, revenues for manometry systems are expected to reach US$ 279.6 Million, expanding at a 5.4% CAGR over the forecast period (2021 to 2031). Rise in number of people aged 65 years and older is expected to be the major factor boosting the growth …
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According to Future Market Insight, the global market for compostable food service packaging is forecast to reach US$ 18.9 billion in 2023 and accelerate at a moderate CAGR of 4.5% during the assessment period (2023 to 2033). Overall compostable food service packaging sales are predicted to total a valuation of US$ 29.3 billion by 2033. …
A recently published study by FMI expects the global alternative protein market to augment at an 18% CAGR from 2022 to 2032. By the end of the forecast period, alternative protein market is expected to garner a market value of 902.3’000 Tons. Alternative protein is gaining prominence in the livestock industry and food & beverage industry …
Demand for L-Lysine Hydrochloride (HCL) is expected to reach US$ 240.6 million in 2022 and is projected to increase at a CAGR of 4.2% to US$ 341.7 million from 2022 to 2032. The increase in mouth-related issues and injuries is blamed for growth. L-Lysine HCL is a revolutionary white color powder that heals human body …
The molded wood pallets market is expected to witness a soaring growth in 2021 with worldwide revenues up 3.4% year over year. A new forecast by FMI estimates that molded wood pallets revenues will nearly double between 2021 and 2031, reaching nearly US$ 4.5 billion in 2031 at a ten-year compound annual growth rate (CAGR) of 5.8% The demand for molded wood pallets …
The market for liquid feed supplements will reportedly be worth US$ 5,918.2 million in 2022 and US$ 9,732.3 million by 2032. The market is anticipated to grow at a CAGR of 5.1% from 2016 to 2021, up from an initial estimate of 4.7%. A mounting number of consumers across the world are turning vegan over …
The market for spray dried food is anticipated to grow at a 7.7%CAGR and reach US$ 1,13,269 million in value by 2032. The market is now valued at US$ 54,122.2 million in 2022. Spray dried foods are produced by spray drying method that produces dry form of food products form a liquid by rapidly drying using hot gas. …