According to Future Market Insights (FMI), the infant formula market is likely to reach a value of USD 49.9 billion in 2023. It is anticipated to surpass US$ 114.1 billion in 2033. Between 2023 and 2033, a robust CAGR of 8.5% is likely to propel market acceleration. Infants need a range of micronutrients for proper development. These micronutrients are present in human …
Monthly Archives: September 2023
Fishmeal Market Set to Thrive with a 7.7% CAGR
The fishmeal market is projected to be valued at US$ 8,000 million in 2022. Over the assessment period, it is poised to experience an extraordinary growth trajectory, with a remarkable CAGR of 7.7%. Furthermore, this rapid development is expected to drive the market’s value to reach an impressive USD 15,000 million by 2032. Fishmeal and fish oil creation are supposed …
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Dairy Alternatives Market Expected to Reach US$ 47.1 Billion by 2033
The dairy alternatives market was worth US$ 21.2 billion in 2023 and is expected to grow to US$ 47.1 billion by 2033, with an 8.3% CAGR from 2023 to 2033. The better nutritional value and functional profile of plant-based dairy substitutes are anticipated to be a key growth driver for the industry forecast. Milk and dairy products are believed …
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Rising Chronic Disease Rates Drive Demand for Custom Pharmaceutical Plastic Packaging, Projected CAGR of 5.8% from 2023 to 2033
The Pharmaceutical Plastic Packaging Market is poised for substantial growth, with a projected CAGR of 5.8% from 2023 to 2033, reaching an estimated value of US$ 96,339.2 million. In the current year, the market’s net worth is expected to stand at approximately US$ 54,820.9 million. This expansion is primarily driven by the burgeoning development of medications and …
Changing Packaging Trends Emphasize Convenience, Boosting Adoption of Paint Cans with a Projected CAGR of 4.1% through 2033
According to Future Market Insights (FMI) recent market analysis, the paint cans market is poised for notable growth, with a projected year-on-year (Y-o-Y) growth rate of 4.2% in 2023. Over the span of 2023 to 2033, the market is anticipated to expand at a steady compound annual growth rate (CAGR) of 4.1%, reaching a valuation of $7,680.93 …
Pallet Wraps Market Set to Reach US$ 9.12 Billion by 2033 with a 4% CAGR, Driven by Enhanced Product Protection and Innovative Sensor Integration
The pallet wraps market is poised for robust growth, with a projected 4% compound annual growth rate (CAGR) from 2023 to 2033, propelling its value from US$ 6.14 billion in 2023 to a substantial US$ 9.12 billion in 2033. Pallet wrap, primarily composed of low-density polyethylene, serves as a pivotal tool in securing products on pallets during …
Pre-Made Pouch Packaging Market Poised to Reach US$ 16,625.03 million by 2033, Fueled by Expanding Food and Beverage, Pharmaceutical, and Cosmetic Industries
The pre-made pouch packaging market size is projected to be valued at US$ 10,808.3 million in 2023 and is expected to rise to US$ 16,625.03 million by 2033. The sales of pre-made pouch packaging are likely to register a CAGR of 4.4% during the forecast period. Pre-made pouch packaging is one of the fast-growing segments of …
Carbon Black for Packaging Market to Reach US$ 266.11 Million by 2033, Fueled by Growing Demand for Sustainable and UV-Protective Packaging Solutions
The Carbon Black for Packaging Market is poised for substantial growth, driven by its pivotal role in enhancing packaging solutions. Projected to be valued at $201.9 million in 2023 and anticipated to reach $266.11 million by 2033, this market showcases a steady 2.8% compound annual growth rate (CAGR). The surge in demand is attributed to the escalating …
Explosive Growth Forecast for the Global Tablet Market: Anticipated CAGR of 9.1% through 2026 | Report by FMI
Increasing developments in the production of tablet devices, coupled with the steadfast penetration of hand-held electronics have been driving the growth of the global tablets market in the recent past. An exclusive forecast study by Future Market Insights reveals that the global demand for tablets will surge extensively in the upcoming years. In this report that assesses …
CMOS Power Amplifier Market: Emerging Trends and Global Outlook by Future Market Insights
Expanding application base of the Internet of Things (IoT) is translating into rapid technological advancement and miniaturisation of devices that entails stronger connection peripherals. This, in turn, is resulting in higher demand for CMOS power amplifier. Future Market Insights has recently conducted an analytical study on the global CMOS power amplifier market that projects a stout growth …