The insect-based pet food market is forecasted to garner revenue of US$ 3,448.5 million in 2033, up from US$ 1,341.0 million in 2023, advancing at a rate of 10% from 2023 to 2033. The pet food industry is undergoing a significant transformation as more pet owners seek innovative and sustainable alternatives to traditional pet food products. One …
Monthly Archives: March 2024
Growing Macadamia Market: Opportunities for Investors in Healthy Snack Alternatives and Culinary Applications
By the end of the year 2022, the worldwide demand for macadamia was estimated to be worth around US$ 2.2 billion. Further, the net revenue from total macadamia nuts sales globally in 2023 is anticipated to be about US$ 2.37 billion. The entire market value is predicted to rise at an 11.2% annual growth rate between 2023 …
Hydroponics Market Growth: Capitalizing on Urban Agriculture Trends and Technological Advancements for Investor Success
The global hydroponics market size is anticipated to grow at a CAGR of 7% over the projected period, according to a Future Market Insights analysis. The hydroponics sector is anticipated to be worth US$ 2.78 billion in 2023. By 2033, FMI anticipated that the hydroponics market could increase to US$ 5.70 billion. One of the most intensive …
Humectants Market Set to Surge: Reaching US$ 24 Billion in Packaging & Cosmetics by 2033
The global humectants market size is expected to reach US$ 14.72 Billion and is projected to grow at a CAGR of 5% over the forecast period. Since the demand for natural humectants has increased over the past few years, food manufacturers are able to produce a wider range of food products with fewer natural humectants. By …
Freeze Dried Fruits Market Expected to Grow 7.5% by 2033 Amidst Rising Demand for Healthy and Natural Food Products
According to Future Market Insights, the global freeze dried fruits market is expected to record a CAGR of 7.5% from 2023 to 2033 and reach a valuation of US$ 8.63 billion in 2023. In 2033, it is likely to reach a valuation of US$ 17.82 billion. Food products have remained a necessary good ever since the pandemic …
Global Helicobacter Pylori Testing Market Expected to Reach US$ 380.3 Million by 2032 grow at a CAGR of 7.4%
The global helicobacter pylori testing market is poised for substantial growth, with an anticipated value of US$ 173.1 Million by the end of 2022, according to recent market research. Projections indicate a robust compound annual growth rate (CAGR) of 7.4% from 2022 to 2032, culminating in an estimated market value of US$ 380.3 Million. The …
Fuel Efficiency & Eco-Friendly Cars Drive Fluoroelastomer Market to US$ 2,374.8 Million by 2032
According to Future Market Insights, the global fluoroelastomer market reached US$1,467.6 million in 2022 and it is expected to surpass a valuation of US$ 2,374.8 million by 2032. Furthermore, the overall sales of fluoroelastomers are poised to rise at 4.9% CAGR throughout the forecast period (2022–2032). Rising adoption across end-use industries such as automotive, oil …
Bubble Tea Market Set for Rapid Expansion with Projected 9% CAGR, Reaching US$ 6.17 Billion by 2033 | FMI Projection
The bubble tea market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from US$ 33,121.5 million in 2023 to US$61,152.4 million by 2033. In recent years, the bubble …
PAG Base Stock Market Poised for Explosive Growth: US$ 4.6 Billion Opportunity by 2033
The global PAG base stock market is expected to reach US$ 2.03 Billion and is projected to grow at a CAGR of 8.5% over the forecast period. According to the forecast, the PAG base stock industry size will reach US$ 4.6 billion over the forecast period. Considering the excellent properties of PAG base oil …
Flat Steel Market Poised for US$ 990.7 Billion Growth by 2033: Capitalize on Key Trends
In 2022, the global flat steel market was estimated to be worth US$ 527 billion. The market is projected to expand at a 5.9% CAGR from 2023 to 2033, reaching US$ 990.7 billion. Steel is being used in more applications in order to lower costs and produce goods of greater quality, which will improve product …