Chromium Salts Market on Track to Hit US$ 7,621.9 Million by 2033

The chromium salts market is forecast to experience a growth of 5.2% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 4,591 million in 2023. China, India, and Brazil, among others, are some of the top emerging markets for chromium salts. Robust industrialization …

Global Anorectal Manometry Systems Market Poised for Significant Growth to Reach US$ 138.93 Million by 2032 Driven by Rising Demand for Advanced Diagnostics

The global anorectal manometry systems market is on an upswing, driven by the increasing need for accurate diagnoses of anorectal disorders. According to a recent industry report, the market size reached an estimated US$ 65.80 million at the close of 2021. Buoyed by a surge in demand for advanced diagnostic tools and a growing prevalence …

Electronic Trial Master File (eTMF) System Market Forecasted to Hit US$ 5.8 Billion, 12.9% CAGR by 2034

The global electronic trial master file (eTMF) system market recorded a valuation of around US$ 0.9 billion in 2019. In the following years, the demand for electronic trial master file (eTMF) software and services rose at a CAGR of 14.9%, creating a market worth US$ 1.5 million in 2023. Electronic trial master file (eTMF) systems make real-time cooperation and accessibility easier, which …

Global Kombucha Market Ferments at a 17.4% CAGR, Aiming to Brew a Whopping US$ 17.1 Billion Valuation by 2033

The global kombucha market is going to reach US$ 17.1 billion by 2033, growing at a CAGR of 17.4% between 2022 and 2033. The kombucha drinks market is expected to generate an absolute dollar opportunity of approximately US$ 13.7 billion by 2033. Each year, unsafe alcohol consumption kills approximately 3 million people, accounting for 5.3% …

Baby Bottle Market: Expected Advancement with a 3.9% CAGR by 2033

The baby bottle market is estimated to be worth US$ 3.41 billion in 2023 and is projected to increase to US$ 5 billion by 2033. The adoption of baby bottles is expected to progress at a Compound Annual Growth Rate (CAGR) of 3.9% throughout the forecast period. A major opportunity, therefore is in the increased …

Chronic Diseases and Aging Population Fuel 4.6% Growth in Pharmaceutical Solvents Market: FMI Report

The pharmaceutical solvents market is securing a valuation of US$ 3.9 billion in 2023 and is projected to reach US$ 6.1 billion by 2033. The market is capturing a CAGR of 4.6% during the forecast period. Pharmaceutical solvents are essential components in the pharmaceutical industry, playing a crucial role in drug formulation and manufacturing processes. These solvents …

Demand for Precision Stainless Steel Market is Anticipated to Grow at a Steady 4.2% CAGR by 2033 | FMI

The precision stainless steel market is anticipated to be worth US$ 2,488 million in 2023 and US$ 3,754.29 million in 2033. Precision stainless steel demand is anticipated to increase steadily at a CAGR of 4.2%.  The precision stainless steel market presents several opportunities, including growing demand for high-quality stainless steel products across various industries, increasing …

At-Home Pregnancy Testing Market is likely to surpass US$ 1.1 billion by 2033 at a CAGR of 4.5%: Empowering Individuals and Revolutionizing Reproductive Healthcare

The global at-home pregnancy testing market is experiencing a surge in demand, projected to reach a staggering US$ 1.1 billion by 2033, reflecting a steady growth of 4.5% annually. This remarkable rise signifies a market driven by innovation and a growing focus on personal reproductive health. Beyond Traditional Testing: A Diverse and Evolving Landscape Gone …

Gluten-Free Flours: Booming Market Driven by Celiac Disease, Obesity, Diabetes and Gluten-Free, Weight Management | FMI

Gluten-free flours are innovative food items created for gluten-sensitive individuals. Products including pizza and pasta, savoury foods, cereals and snacks, baked flours, and more are free of gluten. High in protein, gluten-free flours are used to thicken sauces and soups. A gluten-free diet can be used to cut out gluten-containing proteins. The gluten protein can …

Hair Styling Products Market: Anticipated Growth at an Average 5.4% CAGR by 2033

The hair styling products market is projected to increase from US$ 23.5 billion in 2023 to US$ 39.9 billion by 2033, with an average Compound Annual Growth Rate (CAGR) of 5.4%. The hair styling products market is experiencing a lush mane of demand, thanks to a potent mix of rising disposable incomes, ever-changing fashion trends, and …