New Product Development
Milk clarifiers offer versatility, effectively cleaning both hot and cold milk by harnessing centrifugal force to separate impurities and bacteria. Their utilization of centrifugal force technology renders them highly efficient in clarifying milk. During the forecast period from 2023 to 2033, the global milk clarifier market is poised to expand at a steady compound annual …
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In 2023, the anti-pollution ingredients market is estimated to be worth US$ 917.6 million, with projections indicating a growth to US$ 2,000 million by 2033. Demand for these ingredients is expected to increase at a compound annual growth rate (CAGR) of 8.1% throughout the forecast period. In addition, increased incorporation of active functional ingredients into …
The global wood coatings market is expected to augment at a healthy CAGR of 5.9% throughout the forecast period from 2022 to 2032. The expansion of the wood coatings market is attributed to the growth of the housing market as spending on maintenance of decks, fences, flooring, and siding is rising. Furthermore, stringent regulations, increased competition, a …
In the next decade, from 2023 to 2033, the market for aluminum-free deodorant is projected to experience substantial growth, with an expected increase of 9.5%. By 2033, the global aluminum-free deodorant market is forecasted to reach a value of US$ 4,228.3 million. As of 2023, the market is currently valued at US$ 1,730.4 million. But …
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The global MRI-compatible IV infusion pump systems market is on the cusp of remarkable growth, projected to reach a staggering US$580.3 million by 2032, according to recent market analysis. This signifies a significant leap from the anticipated value of US$234.8 million by the end of 2022, reflecting a robust Compound Annual Growth Rate (CAGR) of …
The global milk sterilizer machine market is anticipated to achieve a valuation of US$ 2,231 million by 2023. With an increasing production and consumption of milk worldwide, the demand for milk sterilizer machines is projected to grow at a robust compound annual growth rate (CAGR) of 8.4% between 2023 and 2033, reaching a valuation of …
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The worldwide BB cream market is expected to be worth US$4,078.1 million in 2023, with projections indicating a substantial increase to US$9,135.8 million by 2033. This growth is attributed to an anticipated surge in demand, with the market set to expand at a compound annual growth rate (CAGR) of 8.4% throughout the forecast period. Demand …
The glass fiber reinforced plastic (GFRP) composites market is estimated to capture an impressive valuation of US$ 18.54 billion in 2023, and is growing to US$ 41.53 billion by 2033. The market is projected at a CAGR of 8.4% during the forecast period. Growing demand for high durability, flexibility, and premium quality products is increasing …
The baby toiletries market is currently valued at around US$ 11.1 billion in 2023, with expectations of a steady growth at a rate of 5.2% throughout the forecast period. By 2033, sales in this market are projected to exceed US$ 18.5 billion. This growth is attributed to various factors, such as the increasing demand for …
The global astaxanthin market is predicted to register a robust CAGR of 14.9% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 910.3 million in 2023 to US$ 3,636.8 million by 2033 end. Demand for astaxanthin is projected to rise on account of its multiple applications in nutraceuticals, pharmaceuticals, feed industries, etc. Moreover, the distinct …