As per Future Market Insights (FMI), the global antimicrobial additives market value is projected to increase from US$ 9,615.5 million in 2023 to US$ 20,809.5 million by 2033. Over the next ten years, global sales of antimicrobial additives are likely to thrive at 8.0% CAGR. Increasing consumption of antimicrobial additives in food and beverage sector …
Monthly Archives: March 2024
Billing Paper Market is Expected to Increase at a Steady 5.9% CAGR by 2033 | FMI
The billing paper market is expected to experience strong demand, with a total valuation of US$ 897.1 million in 2023 rising to US$ 1,536.5 million by 2033. FMI also forecasts billing paper sales to increase at a steady 5.9% CAGR between 2023 and 2033. Increasing adoption of digitalized billing systems, especially across developing economies such …
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Global Electric Handpiece Market is anticipated to witness significant growth, with a target of US$ 803.8 Million by 2032
The global electric headpiece market is poised for a surge in demand, with sales expected to climb to a substantial US$803.8 million by 2032. This translates to a compelling Compound Annual Growth Rate (CAGR) of 6.0%, according to a recent study by Future Market Insights (FMI). This significant growth reflects the increasing adoption of these …
Hospitality Staffing Market: Solidifying its Global Position with an Average CAGR of 6.9% by 2032
The hospitality staffing market is anticipated to consolidate its position in the global market, with an average compound annual growth rate (CAGR) of 6.9% expected between 2022 and 2032. Valued at US$ 971.3 billion in 2022, the market is forecasted to achieve US$ 1886.6 billion by 2032. Notably, in the preceding period of 2015 to …
Significant Growth Predicted for Above The Waist PPE Market: US$ 50 Billion by 2032 at 5.9% CAGR
A recently published study by FMI expects the global above the waist PPE market to augment at a 5.9% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 50 Billion is expected for the market. Increasing worker safety awareness on the workshop floor is predicted to drive …
Biobased Biodegradable Plastic Market Poised for 10% Growth: Capitalize on the Sustainable Packaging Trend
The biobased biodegradable plastic market is expected to be valued at US$ 5.2 billion in 2023. The market is predicted to expand at a 10% CAGR from 2023 to 2033, reaching US$ 13.6 billion by 2033. Growing public awareness of plastic waste and its negative environmental impact has resulted in an increased popularity of biobased biodegradable polymers. …
The on-the-go breakfast market offers a delicious opportunity, fueled by rising consumer demand for convenient and healthy mornings
The North American on-the-go breakfast products market is steadily growing, with projections of reaching around US$ 415 million by 2026. Globally, this market is expected to reach US$ 1.9 billion by the same year, indicating a significant increase from its US$ 1.2 billion valuation in 2015. By the end of 2021, the market for breakfast goods …
Compressor Oil Market Poised for Boom: Set to Reach US$ 11 Billion by 2034
In 2023, the global compressor oil market attained a size of US$ 6,233.0 million, marking a significant presence in the industry. Anticipated to maintain a robust growth trajectory, the demand for compressor oils is expected to exhibit a Compound Annual Growth Rate (CAGR) of 5.4% over the forecast period. Projections indicate a substantial expansion …
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Airless Pumps Market is Anticipated to Exceed US$ 422 Million by 2033 | FMI
The airless pump market that projects positive market development through 2023, with worldwide sales rising by 2.7% annually. Sales of airless pumps are predicted to bring in a total of US$ 251.5 million in revenue by 2023. According to FMI, the demand is anticipated to increase at a 5.3% CAGR between 2023 and 2033. It …
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Global Outsourced Testing Services Market Booming at 7.7% CAGR, Fueled by 2032 Pharma/Biopharma Demand
The global outsourced testing services market is on a stellar growth trajectory, according to a recent analysis by Future Market Insights (FMI). The market is projected to reach a staggering US$76.3 billion by 2032, reflecting a remarkable Compound Annual Growth Rate (CAGR) of 7.7%. These figures paint a picture of a thriving industry brimming with …