As per Future Market Insights (FMI), the Europe automotive tire market value is projected to rise from US$ 68.4 billion in 2023 to US$ 108.7 billion by 2033. Sales of automotive tires across Europe are likely to soar at 4.8% CAGR throughout the forecast period. Rapid growth of automotive sector, adoption of electric vehicles, and …
Monthly Archives: January 2024
Commercial Drink Mixers Market Set for Exponential Growth, Projected to Reach US$ 1208.1 Mn by 2032
According to Future Market Insights (FMI) research, the global commercial drink mixers market is expected to grow at a steady CAGR of 4.4% during the 2022 – 2032 period. The market value is projected to increase from US$ 784.5 Mn in 2022 to US$ 1208.1 Mn by 2032. ncreasing alcohol consumption is predicted to be …
Molasses Market Expected to Attain around US$ 23512.86 million by 2033
By 2033, molasses market share is expected to increase from US$ 11952.75 million to US$ 23512.86 million. This is anticipated to increase molasses’ market share and result in a CAGR of 7.0% between 2023 and 2033. Molasses, a thick syrup by-product of sugarcane or sugar beet juice extraction, is gaining popularity in various food and …
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Cattle Feeder Market Analysis by Regions, Types, Applications and Key Companies Contribution 2023-2033
It is estimated that the cattle feeder market is likely to be valued at US$ 2,980 million in 2023, and likely to reach US$ 4,240 million by 2033. During the forecast period, the demand is anticipated to expand at a CAGR of 3.5%. The increased consumption of meat protein and the increased emphasis on the quality …
Sheep Shearing Equipment Market Set for Huge Expansion during 2023-2033
The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period. Shearing machinery is used on farms to cut or remove wool from sheep’s bodies. The exceptional qualities of this equipment have increased …
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NPK Fertilizers Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2033
According to a report published by FMI, the global NPK Fertilizers Market will be valued at US$ 3.03 Bn in 2023. It is expected to grow at a CAGR of 3.9% during the forecast period, reaching a value of US$ 4.44 Bn by 2033. In addition to improving crop quality and yield, their use reduces application costs. Increasing public awareness of the benefits of NPK …
Grain Mill Grinder Market – Notable Developments, Potential Players and Worldwide Opportunities 2032
According to Future Market Insights, the global grain mill grinder market is forecast to grow from US$ 987.2 Mn in 2023 to US$ 1,547.8 Mn by 2033. Overall grain mill grinders demand is slated to rise at 4.6% CAGR between 2023 and 2033. Rising demand for fresh flour across the globe is a key factor …
Chilled Soup Market Poised for Remarkable Growth at Nearly US$ 1304.74 Mn by 2033
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of chilled soup are estimated to expand from US$ 801 Mn in 2023 to US$ 1304.74 Mn in 2033, surging at a 5% CAGR through the decade. There is a growing acceptance of frozen foods throughout the world, …
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Hog Feeder Market Forecasted to Reach New Heights at US$ 2,516 million by 2033
The 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 …
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Vegan Salad Dressing Market Surging Ahead with a Projected 7.5% CAGR, Aiming for US$ 296.3 Mn by 2033
In the present year 2023, the total value of the global vegan salad dressing market is around US$ 154.9 Mn. According to the study report published by FMI, a CAGR of 7.5% is forecast to be registered by the market from 2023 to 2033. By the year 2033, the vegan salad dressing market’s entire value …