The global Rx-to-OTC switches industry size is estimated to register a valuation of US$ 38.7 billion in 2023 and is predicted to reach US$ 66.5 billion by 2033. The market is estimated to capture a CAGR of 5.6% during the forecast period. The Rx-to-OTC switches market, which refers to the transition of prescription drugs into over-the-counter (OTC) …
Monthly Archives: December 2023
Veterinary Infectious Disease Diagnostics Industry Envisions a Robust US$ 4.9 Billion Valuation by 2033-FMI Projection
Advanced diagnostic technologies tailored for veterinary applications are facilitating quicker and more accurate identification of infectious diseases in animals. This not only ensures the well-being of animals but also contributes to public health by mitigating the risk of zoonotic transmission. With a focus on innovation, the Veterinary Infectious Disease Diagnostics Industry is poised to make …
Global Nasal Sprays Industry is poised for a significant 6.2% CAGR by 2033, as outlined in Future Market Insights Study
The global nasal sprays industry demand, a vital segment within the pharmaceutical industry, is set to witness unprecedented growth, according to a comprehensive study by Future Market Insights. Valued at an impressive US$ 16.9 billion by the conclusion of 2022, the market is on a trajectory to soar, projected to expand at a compelling CAGR …
The Zero Calorie Chips Market from US$ 2,102.0 to US$ 3,946.8 Million by 2033 Wholesome Foods Globally, Aiming Europe, USA, and Beyond
The market for zero calorie chips market is predicted to be worth US$ 2,102.0 million worldwide in 2023. From 2023 to 2033, it is projected to expand at a compound yearly growth rate (CAGR) of 6.9%, reaching a valuation of US$ 3,946.8 million. Global demand for low-calorie chips is mostly driven by the growing desire …
Africa Adventure Tourism Market Surges Towards US$ 187.4 Million, Anticipating a 5% CAGR by 2033 | FMI
At a compound annual growth rate (CAGR) of 5.0% from 2023 to 2033, the adventure tourism industry in Africa is expected to surpass US$ 115.1 million in 2023 and reach US$ 187.4 million. According to the World Tourism Organization, Africa is the region with the second-fastest growth in terms of tourism after South East Asia. …
The Accelerated 13.2% CAGR Growth in Non-GMO Food Products Market to Reach US$ 144,322 Million by 2031 Embracing Transparency, Smart Labels
Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of US$ 144,322 Million in 2031. Transparent, non-GMO food producers are expanding internationally, helped in part by …
Global CMO/CDMO Industry is expected to experience notable growth, potentially reaching US$ 39.4 Billion by 2033, according to FMI’s forecast
The global CMO/CDMO industry size, estimated at a valuation of US$ 22.5 billion in 2023, is anticipated to experience a significant surge, reaching an impressive US$ 39.4 billion by 2033. This growth trajectory signifies a compelling Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033, as projected by industry analysts. The pharmaceutical sector …
Virology Specimen Collection Industry Gains Momentum on its Path in 2032-FMI Projection
As the global landscape grapples with emerging viral threats and infectious diseases, the importance of effective virology specimen collection has taken center stage. This industry plays a critical role in the early detection, monitoring, and research of viruses, contributing significantly to public health efforts. Evolving technologies and methodologies in specimen collection, preservation, and transportation are …
IQF Vegetables Market Expected to Reach $2.81 Billion by 2023, Projected to Grow at a CAGR of 4.8% from 2023 to 2033
The worldwide IQF vegetables market is expected to reach up to US$ 1.68 billion in 2022. The IQF vegetable sector is rapidly expanding as a result of changes in lifestyle and eating habits, as well as the expansion of several big retail chains. It is expected to produce US$ 2.81 billion by 2033, with a CAGR of …
Wheatgrass Products Market Anticipated to Achieve US$ 114,398.6 Million by 2033 – In-Depth Examination by FMI
The Wheatgrass Products market has witnessed remarkable growth in recent years, fueled by a growing health-conscious population seeking natural and nutrient-rich supplements. Wheatgrass, derived from the young shoots of the wheat plant, is renowned for its numerous health benefits. Packed with vitamins, minerals, enzymes, and chlorophyll, it boasts anti-inflammatory and antioxidant properties, enhancing overall well-being. The global wheatgrass …