The Dehydrated Onions Market is on a remarkable growth trajectory, with substantial increases in estimated market value from US$1.1 billion in 2022 to an expected US$1.6 billion in 2023. Looking ahead, the market is projected to reach an impressive US$ 3.6 billion by 2033, reflecting a significant growth rate from 2023 to 2033. This growth is driven by …
Monthly Archives: November 2023
Soluble Fiber Market Surge: Forecasted to Reach US$ 5.4 Billion by 2033 with an Impressive CAGR of 8.2%
Key aspects driving the sales of soluble fiber market are the growing health consciousness among customers and the increased ease of integration of the soluble fiber application base. The increasing use of nuts and seeds due to their nutritional benefits is likely to drive category expansion over the forecast period. The projection term is expected to see a fastpaced CAGR of 8.2% for the global soluble fiber market.The market for soluble fiber is now valued at US$ 2.4 billion in 2023, and by the end of 2033, it is expected to reach a high of US$ 5.4 billion. The greater use of organic components …
United States Emerges as a Hotbed for Innovation in Beverage Packaging with Rising Adoption of Beverage Can Seamers and Palletizers, Forecasting a 4.8% CAGR
The beverage cartoners market in the United States shows promising growth, particularly driven by the dominance of gable top machines. With a focus on efficiency and cost reduction, manufacturers are increasingly embracing beverage can seamers and palletizers. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 4.8% for the country during the analysis period. …
Rotomolded Containers Market to Reach US$5.7 Billion by 2027, Fueled by Robust Demand from Food & Beverage Industry
Italy’s dominance in the European rotomolded containers market, with a substantial 26% value share, signals robust growth. The country’s pivotal role stems from being a major producer in the food and drink industry, contributing over US$159 billion in 2018. With an estimated increase to surpass US$210 billion by 2022, Italy’s expanding food production fuels the …
Octabins Market Soars: Future Market Insights Forecasts a 5.5% CAGR as Demand Surges for Sustainable Alternatives in Bulk Packaging from 2022 to 2026
The global octabins market is experiencing substantial growth potential and is expected to surpass a valuation of US$ 377 million by 2022. This growth is primarily attributed to the increasing demand for alternatives to traditional bulk packaging solutions like big-bag and metal containers. Future Market Insights (FMI) anticipates that sales of octabins will maintain a steady upward …
United Kingdom’s Ascendancy in the Folding IBC Market – A 4.1% CAGR Forecast Amidst Regulatory Compliance and Safety Prioritization
The United States experiences a steady rise in the folding IBC market, projecting a 2.7% CAGR from 2023 to 2033. The appeal of folding IBCs lies in their space-saving design, enhancing transport efficiency and lowering costs. As industries increasingly adopt these containers, the market is set to expand. Meanwhile, the United Kingdom leads the folding …
United Kingdom’s Technical Films Sector Set for a Surge with a Projected US$ 600 Mn Opportunity Amidst Robust Food and Drink Manufacturing Output
The thriving food and beverage industry in the United Kingdom, valued at approximately $120 billion in 2022, fuels a substantial demand for the technical film market. As the country’s largest manufacturing sector, the sector’s economic significance propels the need for packaging films, presenting a lucrative market opportunity of around $600 million and a projected CAGR …
Fortified Dairy Products Market on an Upward Trajectory: Poised to Achieve US$ 223,441 Million by 2032 with a Robust CAGR of 6.7%
The Global Fortified Dairy Products Market size was assessed at US$ 109,485 million in 2032 and was anticipated to reach US$ 223,441 million in 2032, at a CAGR of 6.7%, according to Future Market Insights (FMI). Dairy product sales are expected to expand as the idea of fortifying dairy products spreads around the world. Because fortified dairy products are much more expensive …
Modified Soya Flour Market on the Horizon: Projected to Attain US$ 85,859 Million by 2032
The modified soy flour market is anticipated to reach US$ 85,859 million by 2032, expanding at a CAGR of 3.2% from 2022 to 2032. In addition to being utilised in many industrial goods that contain more than 50% protein, soy flour is employed in a wide range of food products. The market driver is the increased usage of soy-derived …
Small Satellite Market Soars with Impressive CAGR of 15.3%, Set to Reach US$ 55.9 Billion by 2033
In a promising development, the global small satellite market is poised for remarkable growth, projected to expand at a robust CAGR of 15.3% during the forecast period. In 2023, the estimated market size stands at a substantial US$ 13.5 billion, with a forecast to reach a staggering US$ 55.9 billion by 2033, according to a comprehensive analysis …