New Product Development
The valuation of the global axial piston motor market was around US$ 361.9 million in 2023. The demand is projected to rise at a moderate CAGR of 3.70% over the forecast period. The market is expected to reach US$ 529 million by 2034. The increasing industrialization worldwide is projected to drive the future of the …
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The global aerospace fasteners market is projected to reach US$ 7,834.5 million in 2022, expanding at a steady CAGR of 6.4% from 2017 to 2022. By 2032, the aerospace fasteners market is projected to be worth US$ 14,568.9 million. According to research conducted by Future Market Insights, the aerospace fasteners market has historically grown at …
From 2023 to 2033, the global tempeh market is predicted to rise at a 5% CAGR and are predicted to reach around US$ 6.8 billion by 2033. The growing popularity of plant-based diets, greater knowledge of tempeh’s health advantages, and rising demand for convenient and healthy food options are driving the market. Tempeh is a fermented soybean …
According to the recent FMI report, Fortified yeast market size exceeded USD 149.8 Mn in 2022 and is estimated to grow at over 13.5% CAGR between 2022 and 2032. US fortified yeast market stands at a market value of USD 17.9 Mn in 2022 and is expected to rise at a CAGR of 11.0% by 2032. Due …
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Conventional inactive dried yeast is expected to hold about 96.9% share in the global inactive dried yeast market. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. This indicates the rising usage of inactive dried yeast in …
The fermented ingredients market is predicted to grow at a CAGR of 6.7% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 48.9 Bn in 2023 to US$ 93.9 Bn by 2033 end. Fermented ingredients play an important role in food preservation. Along with this, they also have the ability to relieve digestive issues. Manufacturers …
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According to FMI reports, the global processed beef market can soar at a rate CAGR of 9% from 2023-2033. The market share of the processed beef industry is predicted from US$ 133.4 Bn in 2023 to over US$ 314.5 Bn by 2033. Globalization and the popularity of different cuisines have led to an increase in beef consumption globally due to shifting consumer habits …
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According to the recent FMI report, the sales for pea starch is expected to surpass a value of US$ 115.9 Million in 2031, rising at a CAGR of around 5.2% through the end of 2031. Due to applications such as thickening and texturizing, binding, gelling and other applications pea starch is widely used in a number of …
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The citrus pectin market size was projected to be worth US$ 116,900.0 million in 2022. By the end of 2023, the market is likely to reach a valuation of US$ 122,277.4 million. The global market for citrus pectin is likely to garner a 4.8% CAGR and reach a market worth US$ 191,678.9 million by 2033. Pectin is …
The global potato protein market is predicted to register a CAGR of 7.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 144 million in 2023 to US$ 300 million by 2033 end. The surging demand for clean label products as a result of increasing concerns around the robust …
