As of 2022, it is predicted that the global citric acid market would be US$ 2.89 billion, up from US$ 2.81 billion in 2021 and showing a y-o-y rise of 2.8%. The market is anticipated to experience a CAGR of 3% from 2022 to 2032 and close at a valuation of US$ 3.89 billion. Investments in modern manufacturing technology progress are …
Monthly Archives: December 2023
Egg Replacement Ingredients Market Poised for Substantial Growth, Projected to Reach US$ 2.19 Billion by 2033
As per the analysis of Future Market Insights, the global egg replacement ingredients market is projected to have a moderate-paced CAGR of 6.0% during the forecast period. The current valuation of the market is US$ 1.26 billion in 2023. The market value of the egg replacement ingredients market is anticipated to reach a high of US$ 2.19 billion by the year …
Maltodextrin Market Projected to Attain US$ 5,872.4 Million by 2031
The Maltodextrin market has experienced significant growth over the years due to its versatile properties and applications. It serves as a thickening agent, stabilizer, and bulking agent in food and beverage products. Maltodextrin is commonly found in processed foods, sports drinks, powdered beverages, infant formula, and snacks. The market has been projected to expand at a CAGR …
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Patent Analytics Market to surpass US$ 5.18 Bn by 2032 driven by Rising R&D investment and registrations for IP rights – Future Market Insights, Inc.
According to the patent analytics industry analysis carried out by Future Market Insights (FMI), the demand registered in the patent analytics market will grow at a noteworthy CAGR of around 14.4% from 2022-2032. The report states that the market is expected to reach the valuation of ~US$ 1,353.9 Mn by the end of 2022. As per Future Market Insights, every crisis …
Public Safety & Security Market Soars to $433.6 Billion in 2022, Anticipates Remarkable Growth by 2032
The global Public Safety & Security Market achieved a remarkable valuation of US$ 433,602.4 Million in 2022. This substantial growth is attributed to the increasing incidences of terrorist activities, the paramount need for security education and awareness, and the elevation of law enforcement standards, particularly in response to the challenges posed by the COVID-19 pandemic. The market …
Structural Health Monitoring Market Reaches $3.4 Billion in 2022, Set to Surge at 14.5% CAGR by 2032
The global structural health monitoring market is poised for significant growth, with revenues expected to reach a staggering US$13,155.4 million by the year 2032, according to recent market analysis. This surge is driven by the escalating demand for evaluating and monitoring the structural health of critical assets such as bridges, dams, buildings, wind turbines, and machinery. In …
The Embedded Finance Market is likely to witness a worth of US$ 291.3 Billion, rising at a CAGR of 16.5% from forecast 2023 to 2033 | Future Market Insights, Inc.
The embedded finance market is anticipated to expand its roots at a strong CAGR of 16.5% between 2023 and 2033. The market is expected to have a market share of US$ 291.3 billion by 2033 while it is projected to be valued at US$ 63.2 billion in 2023. The technical advantages along with the expanding financial services …
Exploring the Explosive Growth of the Insurtech Market, Projected to Reach US$ 210,664.3 Million by 2033 with a Remarkable CAGR of 26.1% | FMI
The insurtech market is expected to rise from a paltry market value of US$ 16.6 billion in 2021 to a net worth of US$ 165.4 billion in 2032, according to Future Market Insights (FMI). A CAGR of 25.9% is predicted for the near future, which is impressive. Because more people are becoming aware of the benefits of …
Call Center AI Market Projected to Reach US$ 6 Billion by 2032 – Global Growth Forecast and Trends
The demand for Call Center AI Market solutions is primarily driven by the extensive adoption of AI-based services across various industries including Banking, Financial Services, and Insurance (BFSI), Information Technology & Telecommunications, healthcare, and the retail sector. These sectors have witnessed a significant surge in the utilization of AI technologies, particularly in streamlining customer interactions and enhancing …
Portable Oxygen Concentrators Market Breathes Success, Projected to Surpass US$ 5.0 Billion by 2032 | Future Market Insights, Inc.
The portable oxygen concentrators market is poised for significant growth, with projections indicating a substantial increase in value. By the conclusion of 2022, the global electric vehicle market is anticipated to reach a valuation of US$ 1.9 billion, with a projected compound annual growth rate (CAGR) of 10.1% from 2022 to 2032. Forecasts suggest that …