The market for pea protein ingredients is anticipated to be worth US$ 1.6 billion in 2023 and US$ 3.4 billion by 2033. During the predicted period, pea protein ingredient sales expand at a CAGR of 7.9%. Increasing demand for pea protein ingredients for bakery & snacks, beverages, and other food products will increase the sales in the …
Monthly Archives: September 2023
Favorable Government Policies to Support Coronavirus Immunoassay Market Growth to surpass US$ 6.9 Billion by 2032 at a 5.5% CAGR
The Coronavirus Immunoassay Market was worth US$ 3.7 Billion in 2021. By 2032, the market is anticipated to reach a value of approximately US$ 6.9 Billion, with sales increasing at a 5.5% CAGR throughout the assessment period. With an estimated 64.0% market share in 2021, immunoassay kits & reagents are in the lead. COVID-19 has a wide …
Spirulina Extracts Market Expected to Achieve a Value of US$ 194.2 million by 2033, According to Future Market Insights Inc.
The Spirulina Extracts market has witnessed remarkable growth in recent years, driven by the increasing demand for natural and sustainable nutritional products. Spirulina, a nutrient-rich blue-green algae, boasts an array of health benefits, including its high protein content, antioxidants, vitamins, and minerals. As consumers gravitate towards plant-based diets and eco-friendly alternatives, spirulina has emerged as a go-to …
Heart Block Therapeutics Market to grow at a projected CAGR of 4.3% by 2032: Significant Growth and Innovation Driven by Aging Population and Medical Advancements | FMI
The heart block therapeutics market has witnessed significant growth and innovation in recent years, driven by the increasing prevalence of heart diseases and the continuous advancement in medical technology. Heart block, a condition characterized by abnormal electrical conduction in the heart, poses a substantial health risk and often requires medical intervention. As a result, the …
Charting the Course: Process Automation and Instrumentation Market’s Evolution from 2023 to 2033
The process automation and instrumentation market is expected to grow at a 5.5% CAGR between 2023 and 2033. The market is predicted to reach a value of US$ 1.06 billion in 2023, with a market share of US$ 1.72 billion by 2033. In this report, FMI has segmented the global process automation and instrumentation market …
Systemic lupus erythematosus Drugs Market to grow USD 329.18 Billion by 2032 Growth Driven by Rising Prevalence, and Growing Availability of Novel Therapies | FMI
The global systemic lupus erythematosus (SLE) drugs market is expected to grow from USD 183.3 billion in 2020 to USD 329.18 billion by 2032, at a CAGR of 5% during the forecast period. The market growth is attributed to the rising prevalence of SLE, increasing awareness about the disease, and growing availability of novel therapies. …
The Booming Future of Phytochemicals Market by US$ 14,821 million in 2033 | Future Market Insights Inc.
The phytochemical market has experienced remarkable growth in recent years, driven by the increasing demand for natural and plant-derived products in various industries. Phytochemicals are bioactive compounds found in plants, known for their potential health benefits and therapeutic properties. As consumers become more health-conscious, the interest in phytochemical-rich supplements, herbal medicines, and functional foods has surged. This …
Paprika Color Market Anticipates 11% CAGR Growth, Valued at US$ 251.2 Million Throughout the Evaluation Period 2023 to 2033
The paprika color market is predicted to be worth US$ 86 million in 2023 and rise to US$ 251.2 million by 2033. Demand for paprika color is expected to expand at an 11% CAGR by 2033. The demand for paprika color, a common seasoning in vegan and vegetarian cuisine, is being driven by the growing number of …
Transforming Animal Nutrition: Animal Feed Probiotics Market Expected to Reach US$ 6,784.3 Million with a 7% CAGR by 2033
The animal feed probiotics market is estimated to be worth US$ 3,594 million in 2023, with revenue from sales reaching US$ 6,784.3 million by 2033. The demand for animal feed probiotics is increasing at a CAGR of 7% over the forecast period. The animal feed probiotics industry is experiencing significant growth driven by two key factors: the …
Document Capture Software Market Predicted to Exhibit a Phenomenal 8.6% CAGR from 2023 to 2033, Hitting US$ 20,109.8 million
The global document capture software market is expected to garner US$ 20,109.8 million by 2033, exhibiting a CAGR of 8.6% during the forecast period. The growing penetration of IoT is likely to fuel the market expansion during the aforementioned timeframe. Many organizations across the globe are embracing eminently secure, collaborative, and integrated cloud-assisted systems in …