FMI’s analysis reveals that the global nixtamalized corn flour industry is currently valued at US$ 3,172.7 million in end of 2023. It is projected to surpass significantly, reaching a market valuation of US$ 5,329.5 million by 2033. It is poised to exhibit at 5.3% CAGR during the forecast period. The global nixtamalized corn flour industry is witnessing lucrative growth and presenting attractive opportunities …
Monthly Archives: March 2024
Edible Oils and Fats Market Set to Exceed US$ 226.68 Billion by 2033 with 6.4% CAGR, Driven by Increasing Demand for Healthy Oils
The global edible oils and fats market is experiencing robust growth, poised to generate an estimated US$ 121.90 billion in 2023, with expectations to surge beyond US$ 226.68 billion by 2033, reflecting a remarkable CAGR of 6.4%. This flourishing market is witnessing a paradigm shift towards healthier options, with vegetable and olive oils at the forefront. The …
NPK Fertilizers Market Expected to Reach US$ 4.44 Billion by 2033 with 3.9% CAGR Growth, Driven by Increasing Demand from Agricultural and Food Industries
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 …
Dealer Management System Market Eyes US$ 14,752.7 Million by 2033, 5.5% CAGR Surge
The dealer management system market is poised for explosive growth, with a projected value of US$ 14,752.7 million anticipated by 2033, demonstrating a remarkable 5.5% CAGR. This substantial surge in market value underscores the increasing significance of dealer management systems in the automotive and retail sectors. As businesses seek enhanced efficiency, streamlined operations, and improved customer experiences, the adoption of …
Flavored Water Market Poised to Reach US$ 37.65 Billion by 2033 with 10% CAGR Growth, Fueled by Rising Health Consciousness and Flavor Innovation
The global flavored water market is expected to reach US$ 14.84 billion in 2023, expanding at a 10% CAGR from 2023 to 2033. By 2033, the flavored water industry is expected to be worth US$ 37.65 billion. Factors such as rising consumer health consciousness, demand for refreshing and low-calorie beverages, and flavor innovation are propelling the industry …
Rising consumer interest in ginger’s health benefits and spicy flavors is driving the ginger beer market | FMI
The global ginger beer market is positioned for rapid expansion, with a 7.1% CAGR expected between 2022 and 2032. It is projected to grow from its present valuation of US$ 4.7 billion in 2022 to roughly US$ 9.3 billion by 2032. This development is fueled by two factors: the health advantages of ginger beer, which make it …
Demand Soaring: Capitalize on the Growing Trend of Sulfone Polymers in Key End-Use Industries
According to Future Market Insights (FMI), the global sulfone polymers market will grow quickly over the coming years, surpassing US$ 1,343.9 million in 2023. According to a comprehensive market assessment report by FMI, the demand for sulfone polymers is expected to expand at a steady compound annual growth rate (CAGR) of 5.0% between the years …
Vacation Rentals Market Advances to US$ 132.7 Billion, Projects 5.9% CAGR till 2033 | FMI
The global vacation rental market is expected by Future Market Insight to reach a valuation of roughly US$ 132.7 billion by 2033, representing a 5.9% compound annual growth rate. This is a noteworthy growth from its projected value of US$ 74.8 billion in 2023. The expansion of the global tourism market has greatly influenced the increase in demand for holiday …
Middle East & Africa Bio-stimulants Market: Set to Boom at 7.8% CAGR, Reaching US$ 179.2 Million by 2033
The Middle East and Africa bio-stimulants market is estimated to secure a valuation of US$ 84.6 million in 2023 and is projected to rise to US$ 179.2 million by 2033. The market is securing a CAGR of 7.8% during the forecast period. How are Farmers Adopting Bio-stimulants in the Developing Countries? The adoption of bio-stimulants by farmers …
Petroleum Jelly Market Poised for Growth: US$ 770.3 Million Valuation through 2033
The global petroleum jelly market is expected to reach a market value of US$ 525.1 million in 2023. This may push the market size to US$ 770.3 million in 2033. The overall market is expected to thrive at 4.2% CAGR. Growing demand for petroleum jelly as UPS and technical in multiple end-use industries such as pharmaceuticals, cosmetics & personal care, food, and …