The global pocket containers market is projected to witness significant growth, with a value of US$429.2 million by 2032, expanding at a moderate CAGR of 4.5% from 2022 to 2032. In 2022, the market was valued at over US$276.4 million. This growth is attributed to the increasing utilization of pocket containers across various sectors, including pharmaceuticals, food …
Monthly Archives: August 2023
Global Compostable Plastic Packaging Material Market to Reach US$ 3.1 Billion by 2033 with a Strong CAGR of 5.2%
The global sustainable packaging solutions is experiencing robust growth, projected to achieve a compound annual growth rate (CAGR) of 5.2% from 2023 to 2033, reaching a value of US$3.1 billion by 2033. Increasing consumer awareness of environmental issues and a growing preference for eco-friendly products are driving the demand for sustainable packaging solutions. Various industries, …
he Booming Functional Extracts Market: A Look into its Growth and Potential by 2032
The Functional Extracts Market is expected to register a CAGR of 6.5% during the forecast period, up from US$ 98.9 Bn in 2021 to reach a valuation of US$ 190.95 Bn by 2032. The functional extracts are concentrated phytonutrients which are available naturally in most of the vegetables, plants, and fruits. Functional extracts are the extracts derived from sources like plants, vegetables, …
The Almond Oil Market: Thriving Trends and Projections at US$ 3.9 billion for 2032
The global almond oil market is expected to reach a market value of US$ 1,420.0 Million by the end of 2022. During the forecast period 2022-2032, almond oil sales are projected to grow to a staggering 13.4 CAGR, resulting in a closing price of US$4,993.7. Million. Over the years, sweet and bitter almond oils have become increasingly popular as …
Fueling the Future: How Multifunctional Food Ingredients Will Shape the Food Industry by 2032
The multifunctional food ingredients market is anticipated to register a CAGR of 7.9% during the forecast period. Food ingredients are used in the food manufacturing industry to get desired product quality. Multifunctional food ingredients are defined as, ingredients that are used to replace gums, gluten, fats, and other expensive ingredients. These ingredients ensure food safety and enhance …
“The Golden Spice Revolution: Curcumin Food Color Market Set to Soar by 2032
Curcumin pigments find their application in food as well as personal care industrial products. The curcumin food color market is expected to reach a valuation of nearly USD 323 mn by the year 2032, pacing with a CAGR of 10.3% between 2022 to 2032. Sales of curcumin food color accounted for ~5.9% of the sales in the global natural food …
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Makeup Remover Pen Market Set to Achieve 5% CAGR, Reaching US$ 2.57 Billion in 2032 | FMI
The Makeup Remover Pen Market Size is likely to register a CAGR of 5% during the forecast period, and is anticipated to reach a market share of US$ 2.57 Billion in 2032, from US$ 1.5 Billion in 2021, due to shift towards organic and natural products. Demand for makeup removal pen is high as a result of their unique ability to easily fix …
Hand Sanitizer Spray Pen Market Set for Impressive 11% CAGR, Projected to Reach US$11.36 Billion by 2032 | FMI
The Hand Sanitizer Spray Pen Market is likely to register a CAGR of 11% during the forecast period, and is estimated to reach a market share of US$ 11.36 Billion in 2032, from US$ 4 Bn in 2021, due to its convenient packaging which makes consumers carry it easily. Consumers have made health and hygiene a very significant part of …
Warming Drawer Market to Witness Robust 6.0% CAGR, Fueled by Rising Demand for Modular Kitchens 2032 | FMI
The Warming Drawer Market is likely to register a CAGR of 6.0% during the forecast period, owing to the increase in demand for modular kitchens and rise in fuel prices. The fact that warmer drawers are standalone appliances is one of many reasons why they are in high demand in modern smart kitchens. These goods appeal to …
Switched Reluctance Motors Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2032
The global market for switching reluctance motors was estimated to be worth US$ 499.3 million in 2021 and is anticipated to reach US$ 950 million by 2032, growing at a strong CAGR of 6.28% from 2022 to 2032. Global demand for switching reluctance motors is being driven by growing uses of these motors in electric …