The vegan cheese market size is projected to be valued at US$ 3,313.98 million in 2023 and is expected to rise to US$ 8,064.01 million by 2033. The sales of vegan cheese are expected to record a CAGR of 6.5% during the forecast period. Millennials in particular are becoming more accepting of veganism, which has sparked industry …
Monthly Archives: March 2024
Hybrid Rice Seeds Market Poised for 7.7% CAGR Growth to Reach US$ 10.8 Billion by 2033, Opportunities in Staple Food Industry
The hybrid rice seeds market is predicted to be worth US$ 5.1 billion in 2023, and rise to US$ 10.8 billion by 2033. Initially, the global market was expanding at a CAGR of 7% between 2017 and 2022. Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance …
Plant-Based Fish Feed Market Surges to US$ 12.2 Billion by 2032 with 6% CAGR, Growing Opportunities in Sustainable Aquaculture
According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of Plant-Based Fish Feed are estimated to reach a value of US$ 12.2 Bn by 2032, surging at 6.0% CAGR through the decade. Fish feeds are pellets or granules that give fish nutrients and help them reach their maximum …
Citrus Powder Market Growth Fueled by Rising Orange Production and Collaborative Initiatives, Predicts FMI Study
According to a new study by FMI, sales of citrus powder is expected to reach ~US$ 6 Bn in 2019, primarily influenced by the recent reforms coming into fore in the global food sector. In recent years, increasing focus towards cleaning and sanitization has been compelling manufacturers to identify and leverage white spaces in the application of …
Global Rib Fracture Repair Systems Market Poised for Growth 5.2% CAGR by 2032 Driven by Technological Advancements and Aging Population | FMI
The global rib fracture repair systems market demand is anticipated to be valued at US$ 420.3 Million in 2022, and is expected to reach US$ 699.5 million by 2032, growing at a CAGR of 5.2% according to a recent industry report. This growth is attributed to the increasing vulnerability of the human body to rib …
Banana Flour Market Poised for Growth, Expected to Reach US$ 892.8 Million by 2034 with 3.6% CAGR, Growing Opportunities in Gluten-Free and Health-Focused Alternatives
The banana flour market is set for significant expansion, with an anticipated valuation of US$ 628.7 million by 2024. The market displays a considerable trend, featuring a CAGR of 3.6%, expected to endure until 2034. The consistent growth forecasts indicate that the global market is poised to achieve an impressive valuation of US$ 892.8 million by 2034. …
Growing Demand for Minimally Invasive Procedures Drives Global CO2 Injector Market to reach US$ 21,520.3 thousand by 2033
The global CO2 injector market is poised for significant growth, driven by the increasing demand for minimally invasive procedures, according to a new report by Future Market Insights (FMI). The market is projected to increase from US$ 11,756.2 thousand in 2023, and is expected to reach US$ 21,520.3 thousand by 2033, reflecting a compound annual …
Phycocyanin Market Poised to Reach US$ 1.487 Billion by 2033, Growing Opportunities in Natural Food Coloring and Nutritional Supplements
The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color …
Lung Cancer Therapeutics Market Expected to Surge at 13.4% CAGR by 2032 Driven by Innovation and Rising Demand
The global lung cancer therapeutics market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 13.4% from 2022 to 2032. This surge is attributed to a confluence of factors, including: Rising Regulatory Approvals and Cutting-Edge Therapies: Increased acceptance of innovative treatments, particularly in Europe, is fueling market expansion. Growing Lung Cancer …
Strong Growth Predicted for Optical Imaging Market Poised to Reach US$ 2,319.6 million by 2034
The optical imaging market is on track for a period of solid expansion, according to a recent industry analysis. The market is projected to achieve a compound annual growth rate (CAGR) of 4.7%, with its value rising from US 1,465.4 million in 2024 to a significant US$ 2,319.6 million by 2034. This consistent growth highlights …