The variable frequency drives (VFD) market has grown significantly as a result of increased infrastructure development opportunities in emerging regions, which has increased demand for heating and ventilation systems. VFD development is currently shifting towards offering industry-specific solutions in order to reduce costs and operational downtime, prompting a slew of manufacturer innovations. Variable frequency drives …
Monthly Archives: April 2023
Fruit Pomace Market Share, Key Players, Developments, Business Prospects by 2033, FMI
The fruit pomace market is predicted to reach a valuation of US$ 3.5 billion in 2023 and is estimated to rise to US$ 5.0 billion by 2033. The market is expected to record a CAGR of 3.5% during the forecast period. The rising demand for organic, natural, and animal feeds propels market growth. Food & beverage manufacturers …
Cottonseed Oil Market Trends, Consumer Analysis with Key Players for Major Players by 2028
The Cottonseed Oil Market is valued at US$ 4 Billion in 2021. The market is likely to grow at a CAGR of 3.2% through 2028, reaching US$ 5 Billion. Registering decent consumption in retail and industrial sectors, cottonseed oil is gradually gaining ground in the food service provider segment as well. However, according to a new Future Market Insights’ study, the global revenue …
Whole Grain & High Fiber Foods Market Analysis with Market Segments & Business Prospects by 2032
The sales of whole grain & high fiber foods market is estimated to be valued at US$ 50,872.6 Million in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 105,379.4 Million by 2032, rising at a CAGR of 7.6% for 2022-32. Over the past couple of years, consumer preferences …
Phospholipase Enzyme Market Innovation, Profitability by Market Segments & Business Prospects 2032
The phospholipase enzyme market is estimated to be US$ 224 Bn in the year 2021 and is expected to grow at a Compound annual growth rate (CAGR) of 6.15% that would take the value of the Phospholipase enzyme market to US$ 432 Bn for the forecast period of 2022 to 2032. Due to the increase in the demand for good quality convenient food like ready …
Food Thickening Agents Market: Profitability by Market Segments, Share, Important Changes Report by 2033
By 2033, the food thickening agents market could be worth more than US$ 3.93 billion, compared to US$ 2.70 billion in 2023, according to FMI’s estimations. The market will probably show a moderate CAGR of 4% over this evaluation period. The food and beverage industry has been going through an innovation period due to the client demand …
Phycocyanin Market Study on Growth Ratio with Business Prospects, Key Players & Consumer Insights by 2033
The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color …
Automotive MEMS Market to Grow at a Rate of 13.4% by 2032 | Future Market Insights, Inc.
The Automotive MEMS (Micro-Electromechanical Systems) market refers to the market for MEMS devices used in the automotive industry. These devices are small, integrated systems that use micro-electronics and mechanical components to perform specific functions, such as sensing, controlling, and transmitting data. Examples of automotive MEMS include accelerometers, gyroscopes, pressure sensors, and microphones. The industry is being …
Calendered Polyvinyl Chloride Flexible Films Market to Hit US$ 28240 Million by 2032 | Says FMI
The calendered polyvinyl chloride flexible films market looks all set to hit a massive valuation of US$ 28240 million in 2032. The market is expected to grow at a fair CAGR of 5.3% during the forecast period, and is estimated at US$ 16850 million as on 2022. The calendered polyvinyl chloride flexible films are one of the …
Network Optimization Market is Predited to Progress at a CAGR of 16.3% from 2022 to 2032 | Report by FMI
The global network optimization market is expected to reach US$ 15859.7 million by 2032, up from US$ 3513.2 million in 2022, at a CAGR of 16.3% from 2022 to 2032. Network Optimization market is on the rise in terms of revenue and is anticipated to witness a double-digit CAGR in the forecast period. The major reason being …