The GaN substrate market is anticipated to be valued at US$ 5,420.5 million in 2023. Additionally, it is expected to experience a steady growth rate of 9.7% over the next ten years, ultimately reaching a significant value of US$ 13,721.9 million by 2033. This growth can be attributed to the persistent focus on environmentally friendly transportation initiatives, particularly the promotion of green vehicles. …
Monthly Archives: March 2024
Cultivating Growth: Agro-Rural Tourism Market Set to Reach US$ 160.9 Billion by 2033 | FMI
Future Industry Insights indicates that the agro-rural tourism market is predicted to reach US$ 91.6 billion in 2023. Furthermore, this analysis predicts a 5.8% compound annual growth rate (CAGR) in the global market for agro-rural tourism between 2023 and 2033. It is projected that if the market continues at its optimistic development rate, its estimated value will …
Mountain and Snow Tourism Market Soars: Targets US$ 8 Billion Revenue by 2033 with 5% CAGR | FMI
According to FMI’s analysis, the mountain and snow tourist market is predicted to grow explosively, with a 5% compound annual growth rate during the forecasted period. It is expected that the industry will rise to a market value of US$ 4.9 billion by 2023. Many tourists are opting for snow-clad mountains to beat the summer heat. Tour agencies …
Global Myopia and Presbyopia Treatment Market Set to Surge, Reaching US$ 40.5 Billion by 2032 at an 8.5% CAGR | FMI
The global myopia and presbyopia treatment market is on the brink of an extraordinary surge, with estimations indicating a substantial valuation of US$ 17.9 Billion by 2022. According to projections by leading analysts, the market is poised for an accelerating Compound Annual Growth Rate (CAGR) of 8.5% from 2022 to 2032, catapulting its market share …
Premium A2P and P2A Messaging Market to Surge with 5% CAGR, Exceeding US$ 1,17,695 Million by 2029
The premium A2P and P2A messaging market exhibited substantial growth in 2021, with a valuation of approximately US$ 79,601.0 Million. This impressive figure is expected to soar even higher in the coming years, as the market is projected to expand at a noteworthy CAGR of 5%. By the year 2029, industry experts anticipate that the premium A2P and …
Dairy Blends Market Set to Reach US$ 5.1 Billion by 2033 with 7.7% CAGR Growth, Fueled by Multi-Application and Rising Demand in FMCG Sector
According to a newly released market report by Future Market Insights (FMI), the overall market value of dairy blends is expected to reach USD ~4.5 Bn by 2032, rising at a CAGR of ~7.0% during 2022-2032. The regular segment is expected to lead the global dairy blends market over flavored blends. The research report on the dairy blends market states that the implementation …
Fertility Supplements Market Poised to Reach US$ 4,382 Million by 2031 with 8.3% CAGR, Driven by Increasing Demand and Preventative Healthcare Trends
The fertility supplement market has been growing with a (YoY) year-on-year growth rate of 8.3% in the year 2021 with a total of 243820 MT. The fertility supplements market is predicted to develop at a significant CAGR of 8.3% through 2031, reaching a market capitalization of USD 4,382 Mn. According to research by the American Society for Reproductive Medicine, the …
Concentrated Milk Fat Market Projected to Reach US$ 9,651.8 Million by 2033 with 7.9% CAGR Growth, Driven by Consumer Demand for Longer Shelf Life
The concentrated milk fat market is anticipated to flourish at a strong CAGR of 7.9% between 2023 and 2033. The market is expected to hold a market share of US$ 9,651.8 million by 2033 while it is likely to reach a value of US$ 4,501.0 billion in 2023. The ability to provide a longer shelf-life, along with …
Nutritional Ingredients in Animal Feed Market Set to Reach USD 184.3 Billion by 2032 with Accelerating 7.1% CAGR, Fueled by Growing Demand for Animal Productivity
As indicated by a new study by Future Market Insights (FMI), the market is receiving impetus from the rising per capita consumption of meat products in developing regions, and the consequent expansion of the livestock industry. The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, …
Agricultural Sprayers Market Anticipated to Reach US$ 5,499.5 million by 2033
The global agricultural sprayers market is anticipated to achieve a substantial size, projected to reach US$ 3,106.1 million by 2023, with a subsequent growth rate forecasted at 5.9% CAGR between 2023 and 2033. By the conclusion of 2033, total sales within the agricultural sprayers sector are expected to yield revenues amounting to US$ 5,499.5 million. …
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