The feed phytogenic market is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period. The feed phytogenic industry is an emerging segment of the animal feed industry, which …
Monthly Archives: November 2023
Soaring Need and Varied Utilizations Drive Lipase Market to Surpass US$ 1,631.2 Million by 2033 | Future Market Insights, Inc.
The lipase market is predicted to develop at an impressive 10.3% CAGR from 2023 to 2033, exceeding the lower 3.4% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the Lipase market, increasing the market value from US$ 612.6 million in 2023 to US$ 1631.2 million by 2033. The digestive tract’s …
Anticipated Surge in Organic Oats Market: Expected to Attain a Valuation of US$ 520.5 Million by 2033, According to Future Market Insights, Inc.
The organic oats market is predicted to double in value from US$ 281.0 million in 2023 to US$ 520.5 million by 2033, with a 6.4% CAGR. As more people demand healthy food products, there is a great growth opportunity in the market. But there are many challenges in organic oats market as organic oats are typically more …
Retail Vending Machine Market is Anticipated to Grow at a Compound Annual Growth Rate (CAGR) of 9% by 2033 | FMI
By 2033, the retail vending machine market is projected to have grown from its anticipated US$ 60 billion in 2023 to US$ 143 billion. Throughout the projection period, the use of retail vending machines is anticipated to grow at a CAGR of 9%. Convenience and accessibility are key drivers, as vending machines offer round-the-clock access to products without the need for …
Pet Market Adoption is Expected to Grow at a Compound Annual Growth Rate (CAGR) of 8% by 2033 | FMI
By 2033, the pet market is projected to have grown from its anticipated US$ 18 billion in 2023 to US$ 39 billion. Over the course of the projection period, the adoption pet is anticipated to grow at a CAGR of 8%. One major motivator is the humanization of animals. A growing trend is the growing demand for sustainable and eco-friendly …
Glass Tableware Market is Anticipated to Grow at a CAGR of 3.1% by 2033 | FMI
By 2033, it is anticipated that the glass tableware industry will have grown from its predicted US$ 11 billion in 2023 to a US$ 15 billion valuation. Over the course of the projection period, glass tableware adoption is anticipated to grow at a CAGR of 3.1%. As environmental consciousness grows, consumers are increasingly opting for sustainable and eco-friendly products. In response, glass tableware …
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Australia’s Concrete Pump Market Aims for US$ 372.3 Million by 2033 through Cutting-Edge Innovations | Future market Insights, Inc.
According to Future Market Insights (FMI), the Australian concrete pump market is expected to reach a valuation of US$ 372.3 million by 2033. Its predicted growth rate from 2023 to 2033 is a staggering 6.0% CAGR. A market valuation of US$ 208.4 million is anticipated in 2023. The need for concrete pumps in the building …
Pet Furniture Market is Likely to Advance at a CAGR of 6.3% During the Forecast Period 2033 | FMI
The market for pet furniture is projected to be worth US$ 3.7 billion by 2033, up from an estimated US$ 2 billion in 2023. Throughout the projected period, the adoption of pet furniture is anticipated to grow at a CAGR of 6.3%. With increasing consumer awareness of sustainability, there is a growing demand for eco-friendly and sustainable pet furniture. Manufacturers can capitalize …
Period Patch Market is Reaching a Valuation of US$ 2,440.5 Million by 2033 | FMI
The period patch market is expected to reach a valuation of US$ 2,440.5 million by 2033, having grown at a consistent compound annual growth rate (CAGR) of about 7.02% between 2023 and 2033, when it was anticipated to be worth US$ 1,238.1 million in 2023. In its parent market of feminine care products, the period …
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Carbon-negative Packaging Industry Market Size to Reach US$ 145.0 Million by 2033: Exclusive Report by FMI
The Carbon-negative Packaging Industry is projected to experience significant growth. It is estimated to reach a value of US$ 77.0 Million in 2023 and is projected to increase to US$ 145.0 Million by 2033. The sales of carbon-negative packaging are predicted to expand at a substantial compound annual growth rate (CAGR) of 6.5% during the forecast period. …