The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%. Production of fishmeal and fish oil is expected to rise moderately in the coming years as a …
Monthly Archives: October 2023
The Microencapsulation Market Projected to Surpass US$10.3 Billion by 2032
The market for microencapsulation is anticipated to be worth US$ 6.5 billion in 2022 and grow to US$ 10.3 billion by 2032 at a CAGR of 8.2%. As the need for functionally enhanced foods and drugs develops, microencapsulation is becoming increasingly popular. Microencapsulated flavours, vitamins, minerals, essential oils, and other additives can be added to foods to improve their nutritional value. Due …
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Global Digital Tattoos Market Set to Reach US$ 4,213.4 Million by 2023, Driven by Material Science Advancements and R&D Initiatives
The global Digital Tattoos Market is poised for robust growth, with an expected Compound Annual Growth Rate (CAGR) of 8% during the forecast period. By 2023, the market is projected to reach an estimated valuation of US$ 4,213.4 million, witnessing a significant increase from its 2023 valuation of US$ 909.42 million. Get a Sample Copy of Report: …
The N-Methyl Pyrrolidone (NMP) Market Aims for a Valuation of US$ 1,536.4 Million by 2033
The global N-Methyl Pyrrolidone (NMP) Market Size is forecast to expand at 4.6% CAGR over the forecast period, as per FMI’s analysis. The industry’s size is predicted to surge from US$ 979.9 million in 2023 to US$ 1,536.4 million by 2033. The rapid expansion of the petrochemical sector is expected to drive NMP demand during the next ten years. Furthermore, it is expected that the …
United States Emerges as a Key Player in the Global Reusable Straw Market, Projected to Reach US$ 4.6 Billion by 2033
The United States is poised to play a significant role in the global reusable straw market, with a projected market size of US$ 4.6 billion by 2033. This robust growth can be attributed to the surging popularity of reusable straws, driven by an increasing number of manufacturers and suppliers. Americans are increasingly embracing the trend …
The Cat Food Market Gears Up to Reach US$ 60,951.4 Million by 2033
The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033. The remarkable increase in cat adoption rates is mostly due to the expanding millennial population …
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The Personal Care and Cosmetics Microalgae Market Poised for Growth, Aiming to Reach a Valuation of US$ 107.0 Million by 2033
The personal care and cosmetics microalgae market is expected to reach US$ 61 million by 2023. The microalgae business in personal care and cosmetics is predicted to reach US$ 107.0 million by 2033, growing at a CAGR of 6% between 2023 and 2033. As the personal care and cosmetics industries have become more interested in natural and sustainable ingredients, microalgae …
Lucrative Growth Prospects for Pre-made Pouch Packaging in the United States as Food Industry Adapts to Evolving Consumer Preferences
The United States has asserted its dominance in the North American pre-made pouch packaging market, capturing a substantial 87.6% market share in 2022. This market is poised for significant growth in the coming years, offering lucrative opportunities. The nation hosts a multitude of organized pre-made pouch packaging manufacturers, a testament to its strong market presence. …
Global Surgical Mask Market to Soar to US$5.7 Billion by 2033 with a Strong 10.7% CAGR | FMI’s Comprehensive Analysis
The Global Surgical Mask Industry is on a path of consistent growth, poised to achieve a remarkable CAGR of 10.7% during the forecast period. In 2023, it is expected to hit the $2.06 billion mark, and by 2033, this thriving market is projected to reach an impressive $5.7 billion. According to comprehensive research conducted by …
Frozen Pizza Market Valued at US$ 35,994 Million by 2033
The global frozen pizza market size is predicted to surpass a valuation of US$ 20,196 million in 2023. It is anticipated to hit a valuation of US$ 35,994 million by 2033. The market is slated to thrive at a CAGR of 6% from 2023 to 2033. The frozen pizza market provides more flavour, dough, and topping options. Pizzas that can be …
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