The global hog feeder market is expected to grow from US$ 1,530 million in 2023 to over US$ 2,516 million by 2033. The adoption of hog feeders is expected to rise at a CAGR of 5.1% during the forecast period. Due to the inefficiency of manual machinery and the high labor expenses associated with operating manual or …
Monthly Archives: December 2023
Mobile Food Services Market Set to Reach US$ 40.28 Billion with a 6.1% CAGR by 2033 | FMI
The mobile food services market is expected to increase at a consistent CAGR of 6.1% from 2023 to 2033, with an estimated market share worth US$ 21 billion in 2022 and a projected global market size of US$ 40.28 billion by 2033. Food trucks have been an integral part of many vibrant societies. These popular mobile …
Anticipated Natamycin Market Exceeding US$ 102.7 Million by 2032, as Projected by Future Market Insights Inc.
According to Future Market Insights, the global natamycin market is estimated to reach a value of US$ 61.0 Mn in 2022. Furthermore, overall natamycin sales are slated to increase at 6.8% CAGR between 2022 and 2032, surpassing a valuation of US$ 102.7 Mn by 2032. Demand for natamycin is expected to rise dramatically as a result of its use in numerous sectors, including …
Middle East Tourism Market Ascendance to US$ 400.71 Billion and a 5% CAGR Anticipated by 2032 | FMI
The middle east tourism market, whose valuation stands at US$ 246 billion as on 2022, is projected to grow at a CAGR of 5%, and the valuation is expected to go up to US$ 400.71 billion in 2032. Being a religious hub and offering tourists an experience of both modern society and ancient spots, the Middle East tourism market is expected to grow. …
Anticipated Vegan Donuts Market to Exceed US$ 273.8 Million by 2033, According to Future Market Insights, Inc.
The value of the global vegan donut market at US$ 120.4 Mn in 2023 and at US$ 273.8 Mn by 2033. Increasing veganism and the worldwide demand for vegan donuts are two major factors behind this growth. As more and more people learn about the beneficial effects of vegan baked goods on their gut health, immune system, …
Global Pneumonia Diagnostics Industry Set to Surge, Valuation Expected to Reach US$ 899.4 Million by 2032 | FMI
The global pneumonia diagnostics industry size is poised for remarkable growth, with projections indicating a substantial rise in valuation. According to recent insights, the market is anticipated to reach a valuation of US$ 899.4 Million by 2032, representing a significant surge from its anticipated value of US$ 521.1 Million by the end of 2022. This …
Polylactic Acid Market Expected to Witness a 11.9% CAGR Growth Between 2022 and 2032: Future Market Insights, Inc.
As per a recent research report by FMI, a market research and competitive intelligence provider, sales of polylactic acid (PLA) market are estimated to reach a value of US$ 3.1 Bn by 2032, surging at 11.9 % CAGR throughout the evaluation period from 2022 to 2032. Growing demand for PLA in the manufacturing of bio-based, biodegradable plastics is a key trend that …
River Cruises Market and its Predicted 2% CAGR Journey into 2032 | FMI
With a compound annual growth rate of 2%, the worldwide river cruises market is expected to reach a revenue of approximately US$ 1.71 billion by 2032, up from US$ 1.45 billion in 2022. (2022 to 2032). River cruises as an industry is flourishing in Europe, United States, South East Asia, and Africa. Some popular locations …
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Refined Cane Sugar Market to Attain US$ 108.34 Billion by 2033, as per Future Market Insights, Inc.
The refined cane sugar market size is expected to be valued at US$ 62.24 billion in 2023 and is projected to reach US$ 108.34 billion by 2033. During the projection period, the demand for refined cane sugar is anticipated to increase at a CAGR of 5.7%. The market is primarily driven by the abundance of sugarcane, as …
Indigenous Tourism Market Set to Soar to US$ 65.16 Billion with a Steady 4% CAGR by 2032 | FMI
With a 4% compound annual growth rate (CAGR) from 2022 to 2032, the worldwide indigenous tourism market is predicted to generate revenue of around US$, surpassing US$ 65.16 billion by 2032. This represents an increase from US$ 40 billion in 2022. The size of the indigenous tourism market is growing as more visitors go to …