The global chlorine disinfectant industry is poised for robust growth, with sales anticipated to surpass US$ 2.8 billion in 2022. The market is expected to exhibit a steady Compound Annual Growth Rate (CAGR) of 5.0%, reaching an estimated total size of US$ 4.2 billion by the year 2030. This significant expansion is indicative of the …
Monthly Archives: November 2023
Wood Charcoal Market Set to Ignite Growth: Projections Show a 2.3% Surge from 2022 to 2030
In 2022, Future Market Insights (FMI) projects steady year-over-year growth of 2.3% in the global wood charcoal market, with an anticipated value reaching approximately US$ 21,014.6 million by the year’s end. Looking ahead, the market is expected to sustain this growth momentum, experiencing a consistent 2.3% annual increase between 2022 and 2030. This forecast underscores …
Automotive Interior Leather Market: Anticipated CAGR of 4.5% Set to Propel Market to US$ 54.27 Billion by 2033
The automotive interior leather market is anticipated to expand its roots at a steady CAGR of 4.5% between 2023 and 2033. The market is expected to have a market share of US$ 54.27 billion by 2033 while it is likely to be valued at US$ 34.94 billion in 2023. The increasing preference for lightweight design …
ASEAN Automotive Aftermarket Poised for Steady Growth: Anticipated CAGR of 8.5% as Market Set to Exceed US$ 55.53 Billion by 2033
The ASEAN automotive aftermarket is expected to expand its roots at a steady CAGR of 8.5% during the forecast period. The market is likely to hold a revenue of US$ 24.56 billion in 2023, while it is anticipated to surpass US$ 55.53 billion by 2033. Key Takeaways from ASEAN Automotive Aftermarket Indonesia accounts for more than 30% …
Rising Consumer Embrace of Comprehensive Benefits Drives Growth in the Egg Yolk Oil Market by 2032 | Future Market Insights Inc.
The egg yolk oil market is experiencing significant growth due to its numerous health benefits and versatile applications. Extracted from egg yolks through a careful process, this natural oil is rich in essential nutrients such as vitamins A, D, E, and omega-3 fatty acids. It is widely used in skincare products for its moisturizing, anti-aging, and nourishing …
Examining the Future Expansion Opportunities in the Pea Milk Market: Anticipating a 10.4% CAGR from 2022 to 2032 | FMI
The pea milk market is witnessing a remarkable surge in demand due to the increasing popularity of plant-based milk alternatives. Pea milk, made from yellow peas, is known for its rich nutritional profile, containing essential amino acids and protein. It is a preferred choice for consumers with lactose intolerance, vegans, and those seeking a sustainable and eco-friendly …
Examining the Global Food Colors Market: Projected Compound Annual Growth Rate of 7.3% from 2022 to 2032 | Future Market Insights Inc.
The food colors market is experiencing exponential growth, primarily driven by the rising demand for natural and healthy food alternatives. Consumers are increasingly becoming conscious of the adverse effects of synthetic food colors, leading them to opt for products with natural colorants derived from fruits, vegetables, and plants. This trend is further fueled by the growing awareness …
Anticipating a Health-Conscious Wave: The Organic Revolution Reshaping the Egg Powder Market by 2032 | Insights from Future Market Insights Inc.
The global egg powder market is witnessing significant growth due to its various advantages and versatility in applications. The increasing demand for convenient and ready-to-use products, coupled with the rising adoption of egg powder in the food industry, drives market expansion. Egg powder offers a longer shelf life, easy handling, and reduced storage costs compared to fresh …
Portable Sandwich Maker Market Anticipated to Achieve a Milestone of US$ 2,387.2 Million by 2032, According to FMI
The portable sandwich maker market is witnessing a surge in demand due to the growing trend of on-the-go eating habits and the need for quick and convenient meal options. This compact and handy appliance allows users to whip up delicious sandwiches within minutes, making it an ideal choice for busy individuals, students, and travelers. The market is …
Carrageenan Film Market Report: Navigating Growth Trends in Eco-Friendly Packaging Solutions
Carrageenan, a member of the linear sulphated polysaccharides family, is sourced from various red seaweeds, including eucheuma cottonii, eucheuma spinosum, and similar species. The upward trajectory of carrageenan’s usage as a multifunctional agent for gelling, thickening, emulsifying, stabilizing, and suspending purposes in a wide array of industries, including chemicals, food production, and nutraceuticals, is anticipated …