The Food and Beverage segment was slightly more than 238,000 tonnes, and this is expected to climb to slightly more than 800,000 tonnes by 2026, reflecting a volume CAGR of 12.9%. When viewed by application, the CAGR of the Food and Beverage category in the global acai berry market is greater than all other categories. …
Monthly Archives: September 2023
Fruit Concentrate Puree Market Expected to Achieve US$ 3282.2 Million by 2032
The fruit concentrate puree consumer market is currently valued at US$ 1700Mn in the year 2021which is estimated to grow with a CAGR of 6.8% to a value of US$ 3282.2 Million for the forecast period of 2022 to 2032. According to Future Market Insights, such issues will limit the worldwide fruit concentrate puree market’s growth. The global market for …
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Citric Acid Market Projected to Reach US$ 3.89 Billion by 2032: Growing Applications in Food
As of 2022, it is predicted that the global citric acid market will be US$ 2.89 billion, up from US$ 2.81 billion in 2021 and showing a y-o-y rise of 2.8%. The market is anticipated to experience a CAGR of 3% from 2022 to 2032 and close at a valuation of US$ 3.89 billion. Investments in the …
Agar Market Poised to Reach US$ 478.4 Million by 2033: Growing Applications in Food
The global agar market is expected to increase significantly between 2023 and 2033. The global market is expected to exceed a valuation of US$ 292 million in 2023, according to a study analysis released by Future Market Insights. It is expected to be valued at US$478.4 million by 2033. From 2023 to 2033, the market is predicted to …
Pack Conveyors Market Set to Reach US$ 16.80 Billion by 2032: Driven by Growing Industries and Enhanced Packaging Solutions
The market for pack conveyors is anticipated to grow at a CAGR of 6.50% and reach $8.95 billion in 2022. By 2032, the market is projected to reach a value of US$ 16.80 billion. According to the research report on the pack conveyors market, the use of pack conveyors has been attributed to emerging industries, digitization of …
Foil Tapes Market Projected to Reach US$ 24.4 Billion by 2032, Driven by Quality and Precision
According to a report by Future Market Insights, the global foil tapes market is expected to grow at a CAGR of 2% from 2022 to 2032. This growth trajectory is projected to increase the market’s value from US$ 20 billion in 2022 to US$ 24.4 billion in 2032. Foil tapes have become increasingly essential in …
Global Pouch Packaging Machines Market to Reach US$ 1.8 Billion by 2032, Fueled by Rising Automation Trends
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Pouch Packaging Machines market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Pouch Packaging Machines in the …
Laser Scored Bags Market to Reach USD 45.5 Billion by 2032 with a 7.1% CAGR: Easy Packaging Solutions Gain Popularity
Laser-scored bags have garnered significant attention in the packaging industry due to their numerous benefits. These bags, which are experiencing substantial market growth, offer several advantages that contribute to their popularity. 1. Convenient Packaging: Laser-scored bags are favored for their easy-to-open design. This convenience factor makes them highly sought after by both consumers and retailers, …
Sizzling Growth in Sleeve Wrapping Machine Market: Expected CAGR of 4.9% from 2022 to 2032, Reaching US$ 1,611.78 Million
The sleeve wrapping machine market has experienced a significant transformation over the past decade, driven by global expansion across various micro and macro industries. From craft beer cans to tamper-evident pharmaceuticals and personal care products, sleeve-wrapping technology has found widespread applications and shows no signs of slowing down. Projections indicate that the market is poised …
Vending Cups Market Poised for 3.2% CAGR Growth: Reaching US$ 3.1 Billion by 2033 Driven by Rising Hot Beverage Demand
The Vending Cups Market is estimated to grow from US$ 2.2 billion in 2023 to US$ 3.1 billion in 2033. In recent years, there has been increasing demand for vendor cups due to a growing demand for hot beverages and other packaged beverages, coffee, and tea in public spaces. Throughout the forecast period, the vending cups market …