According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of soy milk are estimated to reach a value of US$ 14.36 Billion by 2032, surging at 8.4% CAGR through the decade. To capitalise on impulse purchases, marketers frequently employ sophisticated retail merchandising equipment such as racks and displays for optimal assortment and positioning. Almond …
Monthly Archives: December 2023
Xylooligosaccharide Market: A Sweet Future Awaits, Projected Valuation of US$144.5 Million by 2033
The global xylooligosaccharide market is expected to grow at a CAGR of 7% and reach a value of US$ 144.5 million by 2033. In 2023, the market is estimated to generate US$ 74 million in sales. Because of customer desire for natural components in animal feed. The xylooligosaccharide market is expanding rapidly as its appeal as a beneficial food ingredient …
Vintage Prosperity: Wine Market Poised to Surpass US$2971.13 Billion by 2033, Navigating a Steady CAGR of 5.7%
The wine market refers to the global industry involved in the production, distribution, and consumption of wine. Wine has been enjoyed by people for centuries and is produced in various regions around the world, with notable wine-producing countries including France, Italy, Spain, the United States, Australia, and Argentina. The wine industry is influenced by a variety of …
Insect-Based Pet Food Market: Crawling Towards Prosperity with an Estimated Valuation of US$3,448.5 Million by 2033, Fueled by a Striking CAGR of 10%
The insect-based pet food market is forecasted to garner revenue of US$ 3,448.5 million in 2033, up from US$ 1,341.0 million in 2023, advancing at a rate of 10% from 2023 to 2033. The pet food industry is undergoing a significant transformation as more pet owners seek innovative and sustainable alternatives to traditional pet food products. One …
Pharmaceutical Plastic Packaging Market Set to Reach $96.3 Billion by 2033 Driven by Expanding Medication Development and Increased Health Awareness
The Global Pharmaceutical Plastic Packaging Market is poised for substantial growth, with a projected CAGR of 5.8% from 2023 to 2033, reaching an estimated value of US$ 96,339.2 million. In the current year, the market’s net worth is expected to stand at approximately US$ 54,820.9 million. This expansion is primarily driven by the burgeoning development of medications …
Pre-made Pouch Packaging Market to Reach a Staggering US$ 16.6 Billion by 2033, Fueled by Robust 4.4% CAGR Amidst Growing Demand in Food, Beverage, Pharma, and Cosmetic Sectors
The pre-made pouch packaging market size is projected to be valued at US$ 10,808.3 million in 2023 and is expected to rise to US$ 16,625.03 million by 2033. The sales of pre-made pouch packaging are likely to register a CAGR of 4.4% during the forecast period. Pre-made pouch packaging is one of the fast-growing segments of the …
Heavy Duty Bag and Sack Market Thrives as Agricultural Practices Intensify, Reaching a CAGR of 3.6% from 2023 to 2033 | FMI
The heavy-duty bag and sack market valuation is US$ 12.7 billion in 2023. While in 2022, the market was valued at US$ 12.3 billion. The market is expected to grow at a CAGR of 3.6% from 2023 to 2033. The market size is estimated to reach US$ 18.1 billion by 2033. Heavy duty bags and sacks are increasingly used in several industries as packaging …
Essential Oil Containers Market Set to Reach US$ 138.0 Billion by 2033, Fueled by 8.2% CAGR and Surge in Essential Oil Subscription Services
The North American essential oil containers market is poised for substantial growth, with a promising Compound Annual Growth Rate (CAGR) of 8.0% projected over the assessment period. This region held a significant share of the global essential oil containers industry in 2022, and several key factors contribute to its upward trajectory. Firstly, the burgeoning demand for essential …
Thin Wafers Market Soars with 8.6% CAGR, Reaching $26 Billion by 2032
According to Future Market Insights (FMI), the global thin wafers market is anticipated to grow steadily from 2022 to 2032 at a CAGR of 8.6%. By 2032, the market revenue is anticipated to soar from US$ 11.4 billion to US$ 26.0 billion. Through 2032, it is anticipated to see an absolute growth opportunity of around $14.6 billion. …
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Attribution Software Market Witnesses Significant Growth, Projected to Reach $1,912.9 Million by 2023
Global attribution software sales were expected to reach a value of around US$1,500.3 million by 2022. The market for attribution software is expected to be valued at US$ 1,912.9 million by the end of 2023 as a result of growing global spending on it. According to an FMI report, the market’s total value might reach US$ 24,644.8 …