Anticipating a commendable Compound Annual Growth Rate (CAGR) of 4.7% between 2022 and 2027, the extruders and compounding machines market is on a path of sustained expansion. Projections indicate that by 2027, the market is poised to surpass a noteworthy valuation of US$ 18.21 billion, reflecting a substantial increase from its 2022 size of approximately US$ 14.47 …
Monthly Archives: January 2024
Unveiling the Growth Trajectory: Projections and Trends in the PET Preform Market from 2024 to 2034
The PET preform market is poised for significant expansion in the coming years, with a projected worth of US$ 17.5 billion in 2024 and an anticipated surge to US$ 26.3 billion by 2034. This growth trajectory is underpinned by several key factors shaping the industry landscape. Firstly, rising health consciousness among consumers is driving demand …
Global Retail Printers Market Aims for Exceeding US$ 4.9 Billion by 2026 with a Resilient 6.7% CAGR
In 2022, the global retail printers market is poised to reach a significant milestone, projecting sales of US$ 3.8 billion. Embarking on a trajectory of substantial growth, the market is fueled by a robust Compound Annual Growth Rate (CAGR) of 6.7%, setting the stage for a remarkable valuation exceeding US$ 4.9 billion by 2026. Central to this …
Global Electrical Testing Services Market Poised to Exceed US$ 13.4 Billion by 2031, Fueled by a Robust 7.1% CAGR
In 2021, the global electrical testing services market showcased an impressive 6.3% year-on-year surge, setting the stage for a resilient trajectory. Projections for the period spanning 2021 to 2031 forecast a compelling Compound Annual Growth Rate (CAGR) of 7.1%, culminating in a substantial market valuation of US$ 13.4 billion. Having already asserted its dominance in 2020 by …
Retail Renaissance: How the Global Marking and Coding Equipment Market Rides on the Resurgence of the Retail Sector
The future outlook for the marking and coding equipment market appears promising, with sustained growth anticipated in the coming years. Factors contributing to this growth include technological advancements, increasing automation in industries, and the growing need for product traceability and identification. Innovations in marking and coding equipment, such as the integration of advanced software, high-speed …
Marine Collagen Market Poised to Reach US$ 1.5 Billion by 2032: Navigating Trends in Nutricosmetics
The global marine collagen market is anticipated to be worth US$ 782.3 million by 2022, growing at a 6.8% CAGR between 2022 and 2032. The market for marine collagen is rapidly expanding as customers seek natural and sustainable alternatives in the beauty and wellness industries. Because of its higher bioavailability and environmentally benign supply from fish waste, marine collagen is becoming …
Customized Premix Market Envisioned to Surge to US$ 17,654.7 Million by 2034: Analyzing Tailored Nutritional Solutions
The customized premix market is estimated to be worth US$ 9,742.6 million in 2024. From 2024 to 2034, the market is expected to progress steadily, registering a CAGR of 6.1%. By 2034 Functional or fortified food products, which are primarily intended to compensate for nutrient loss and bridge nutritional gaps, are becoming increasingly popular in the food …
Blockchain in Agriculture Market: Harnessing a Remarkable 41.0% CAGR Growth Between 2019 and 2029
The global Blockchain in agriculture market size is expected to reach US$ 2068.5 Million by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 41.00% CAGR between 2019 and 2029. According to the report, increasing cases of food contamination and food scams in the agricultural sector give rise …
Powder Induction and Dispersion Systems Market Set to Reach US$ 3,210.1 Million by the End of 2029
The global powder induction and dispersion systems market size is expected to reach US$ 3210.1 Mn by the end of 2029. According to the report, the market is expected to expand rapidly in the target market in the coming years due to rapid industrialization, which in turn increases demand for powder induction and dispersion, and supports revenue growth for …
Beverage Flavoring Market Projected to Achieve US$ 8,204.2 Million by 2033 with a 5.9% CAGR
In 2023, the worldwide beverage flavouring market is expected to be worth US$ 4,756.5 million. The market is expected to be worth US$ 8,204.2 million in 2033, growing at a 5.9% CAGR during the projected period. Because of the tremendous growth of the food and beverage sector, the Asia Pacific market is expected to expand rapidly. The growing consumer demand for …