The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with …
Monthly Archives: February 2023
North America is Anticipated to Lead the Frozen Desserts Market During the forecast period of 2022 to 2032 | FMI
The global frozen desserts market is set to witness growth at a CAGR of 5.8% and is anticipated to reach a valuation of around US$ 176 Bn by 2032. Increasing demand for organic desserts due to various health benefits associated with them such as low-fat and low-sugar content is anticipated to drive the market in the forecast period. Rising number of …
The Japan Tartrazine Market is Expected to Expand at a 6.7% CAGR between 2022 and 2032 | FMI
Global tartrazine market is projected to reach a valuation of US$ 120 Mn in 2022, with demand growing at a 7.0% CAGR over the forecast period. Against this backdrop, the market valuation is projected to reach US$ 245 Mn by 2032. Tartrazine is food coloring synthetic lemon yellow azo dye. Tartrazine is commonly used color globally. It is primarily yellow and can be assorted with …
North America Aunset Yellow FCF Market is Expected to Register a 5.1% CAGR during the Forecast Period 2022 to 2032
The global sunset yellow FCF market is projected to reach a market valuation of US$ 74.7 Mn in 2022 and US$ 150 Mn in 2032, exhibiting a CAGR of 6.25% between 2022 and 2032. The ability of sunset yellow FCF to give the right colors and better stability than the natural additives and rising applications in food and beverages …
Conveyor System Market 2022 Expectations & Growth Trends Highlighted Until 2031
The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, says FMI. …
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The North America Industrial Alcohol Market is Expected to Grow at a CAGR of 4.3% over the Forecast period 2022 Tto 2032
The global industrial alcohol market is expected to witness growth at a CAGR of 7.6% in the forecast period (2022-2032) and is likely to be valued at US$ 194.7 Bn by 2032. Alcohol-based sanitizers are considered to be powerful cleaning agents that are used in a wide range of industries to disinfect machinery and equipment. Increasing consumer preference for sanitizers is set to …
Protein Snacks Market is Anticipated to Follow a CAGR of 9.3% through 2032 | FMI
The worldwide protein snacks market is supposed to follow an expected CAGR of 9.3% in the worldwide market, during the gauge time frame. The absolute income of the worldwide protein snacks piece of the pie is esteemed at US$ 4.1 Billion of every 2022, and is supposed to cross US$ 10 Billion by 2032. Value-added snacks that …
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Refrigeration Leak Detector Market 2022 Key Players, End User, Demand and Consumption by 2032
The refrigeration leak detector market is expected to reach the anticipated market value of US$ 107.03 Million by 2032, while it expands its roots in the global market at a lower CAGR of 3.0% (2022-2032). The market holds a revenue of US$ 82.03 Million in 2022. These detectors assist in stopping the leakage of dangerous gases in a number …
Multiple System Atrophy (MSA) Therapeutic Market Is Expected to Register Growth at A CAGR of 4.4% BY 2033 | FMI Study
The global Multiple System Atrophy (MSA) Therapeutics Market is currently valued at US$ 137.3 Million in 2023 and is anticipated to expand at a CAGR of 4.4%. Owing to the technological advances in healthcare the market is likely to propel to US$ 211.1 Million by 2033. The multiple system atrophy market share is expected to grow significantly, mainly due to …
Walk-in Coolers and Freezers Market Is Anticipated To Nearly Double By 2031, According To Future Market Insights
Future Market Insights (FMI), in its new report, estimates worldwide sales of walk-in coolers and freezers at US$ 8.6 billion in 2019. Widespread consumer acceptance of frozen and processed food, along with a steep rise in the demand for efficient refrigeration facilities to store and maintain the shelf life of these products, allude a brighter …