The food-grade phosphate market refers to the industry that deals with the production, distribution, and consumption of phosphates used in the food and beverage sector. Phosphates are chemical compounds that are commonly added to food products for various purposes, such as improving texture, enhancing flavor, and extending shelf life. Food-grade phosphates are considered safe for human consumption …
Monthly Archives: September 2023
Hearing Aid Market to Grow Steadily at 5.3% CAGR, Reaching US$ 13.27 Billion by 2032 | FMI Report
The global Hearing Aids Market is anticipated to expand consistently between 2022 and 2032 at a CAGR of 5.3%. By 2032, market growth is projected to surpass a worth of US$ 13.27 billion and reach US$ 7.91 billion. Different tools are available with diverse functionality for various hearing aid designs. Hearing aid manufacturers work hard …
Anticipated 5.7% Annual Growth in Food Waste Management Market Forecasted from 2023 to 2033 by Future Market Insights Inc.
The food waste management market is anticipated to be worth US$ 70.0 billion in 2023 and US$ 121.8 billion by 2033. Throughout the forecast period, sales of food waste management systems are anticipated to increase at a CAGR of 5.7%. According to the United States Environmental Protection Agency (EPA), more than 38 million tons of food waste …
Organic Milk Powder Market Anticipates Impressive 5.4% CAGR Expansion Through 2032 in Response to Global Surge in Organic Product Demand | FMI
The global organic milk powder will grow at a CAGR of 5.4% during the forecast period, predicts Future Market Insights. As a result, it is predicted that the market for organic milk powder will increase from US$ 2.3 billion in 2022 to US$ 3.9 billion by 2032. The various types of organic milk powder comprise skimmed milk, …
Catalysts of Change in Cancer Treatment: Intraoperative Radiation Therapy Systems Market is anticipated to reach US$ 124.7 Million by 2033 | FMI
The Intraoperative Radiation Therapy Systems Market has emerged as a pivotal component within the realm of modern cancer treatment. This innovative medical approach involves delivering a concentrated dose of radiation directly to a tumor site during surgery, minimizing damage to surrounding healthy tissues and potentially enhancing treatment outcomes. The market for Intraoperative Radiation Therapy Systems …
Anticipated Surge: Chia Seed Market Poised to Reach US$ 390.3 Million by 2033, According to Future Market Insights Inc.
By the end of 2022, the net worth of total chia seeds sold globally was estimated to be US$ 195.3 million. In the current year, 2023, the sales of chia seeds, in terms of value, are expected to be worth around US$ 203 million. FMI further projects the overall market to record a CAGR of …
Emerging Health-Focused Consumer Preferences Propel Fermented Dairy Ingredients Market Toward a Projected US$ 16,485.5 Million by 2033
The global fermented dairy ingredients market is expected to accumulate US$ 7,884.0 million in value by 2023-end. During the forecast period ranging from 2023 to 2033, a CAGR worth 8.2% has been projected for the market, with an expected closing value worth US$ 16,485.5 million. During the 2018 to 2022 historical period, the industry grew at a …
Technological Advancements and Innovations Shaping the Europe Water Pumps Market: 4.3% CAGR and US$ 98.6 Billion Projection by 2033
The Europe Water Pumps Market is poised to experience a significant surge in growth rate within its operating segment, particularly in the water supply category. This remarkable growth can be attributed to the widespread application area of water supply pumps, encompassing crucial activities like rainwater harvesting and groundwater intake. As environmental concerns continue to escalate, …
Evolving Market Trends: North America Electrical Testing Services Market Projected to Grow at 6% CAGR and Reach US$ 4.5 Billion by 2033
The North America Electrical Testing Services Market is experiencing a substantial surge in demand, driven by the growing emphasis on regulatory compliance and safety in plants and manufacturing units. With stringent regulations in place to prevent penalties for negligence and non-compliance, businesses are increasingly turning to electrical testing services to ensure their work environments are …
Exploring the Growth Potential of the Tower Crane Rental Market: Projected CAGR of 5.8% and US$ 12.8 Billion by 2033
The Tower Crane Rental Market is currently experiencing a remarkable surge in growth, driven by the growing utilization of tower crane rentals across various industries. Notably, the construction and infrastructure sectors are undergoing a significant upswing, marked by a rising number of projects aimed at enhancing and modernizing existing infrastructure. This escalating demand for tower …