The global methyl ethyl ketone peroxide (MEKP) market is projected to grow at a CAGR of around 4.8% to 5% during the forecast period from 2022-2032, totaling nearly US$ 5 billion by 2028. The future looks bright with this particular chemical that can be used in various industries including manufacturing & construction. Rising use of methyl …
Monthly Archives: April 2024
Increasing demand for Nutritious Options, FMI foresees the Almond products Market surpassing US$ 15,2484 billion by 2033
The almond product market is predicted to develop at an impressive 6.3% CAGR from 2023 to 2033, exceeding the lower 2.5% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in the use and demand of almond products in the market, increasing the market value from US$ 8,2628 billion in 2023 to …
Flourishing Horizons: Unveiling the FMI-Fueled Journey of the Functional Flour Market with a Resilient 9.2% CAGR till 2033
The global functional flour market is anticipated to be valued at US$ 79.9 million in 2023, forecast to grow at a CAGR of 9.2% through 2033. The market is to be valued at US$ 193.5 million by 2033. Growth is attributed to the increase in demand for premium food products. From 2023 to 2033, the functional flour market …
Cannabis Drinks Market: Projected Worth Surges to US$ 8.3 Billion by 2032, Fueled by Increasing Demand for Health Benefits
The global cannabis drinks market is set to witness growth at a CAGR of 37.3% and top a valuation of US$ 8.3 Bn by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression and anxiety reduction, blood pressure regulation, and others, are predicted to fuel global cannabis drinks growth over the forecast …
Disposable Cutlery Market is Driven by Increasing Focus on Hygiene, Projected to Reach at a US$ 2.6 Billion by 2033
The global disposable cutlery market is expected to value US$ 2.6 billion by 2033. In 2023, the market size is anticipated to be US$ 1.6 billion. The CAGR during the forecast period is projected to be at 4.9%. The manufacturers in the market are making use of biodegradable products to put a check on land pollution. Moreover, biodegradable disposable cutleries are …
Konjac Flour Market: Forecasted Value Surges to US$ 1,441.2 Million by 2032, Fueled by Rising Demand for Gluten-Free and Low-Calorie Food Additives
The global konjac flour market is expected to secure US$ 993.9 Million in 2022 to US$ 1,441.2 Million by 2032. From 2022 to 2032, the market is expected to display a CAGR of 4.5%. During the forecast period from 2016 to 2021, the market exhibited a CAGR of 3.9%. Konjac flour can be defined as a Glucomannan …
Growing Mushroom Fermenter Market: Projected Worth Reaches US$ 2.4 Billion by 2032, Driven by Increasing Demand Across Food, Pharmaceutical, and Cosmetics Industries
The global mushroom fermenter market is set to witness growth rate of 5.6% over the forecast period (2022-2032), totaling around US$ 2.4 Bn by 2032. Mushroom fermenter has a wider applicability in food and beverage, pharmaceutical, and cosmetics and personal care industries. It offers various benefits such as providing sufficient nutritional value to the food …
Barbituric Acid Market to Boom: Rising Demand in Pharmaceuticals, Plastics Drives 4.6% CAGR by 2032
The global barbituric acid market is poised for significant growth, with an anticipated size of approximately US$ 19.8 million in 2022. The increasing adoption of barbituric acid in diverse industries, including pharmaceuticals, plastics, polymers, and textiles, is expected to drive a steady compound annual growth rate (CAGR) of 4.6% from 2022 to 2032. Projections suggest …
Active Packaging Market Booming Invest in Smarter Solutions for Food & Pharma Industry US$ 43.3 Billion by 2027 | FMI
While the onset of the pandemic led to a slight downturn in demand for active, smart, and intelligent packaging within The next year witnessed a substantial rise in demand in the food and beverage and pharmaceutical industries, mostly due to the surge in demand for pharmaceutical supplies and vaccinations. Over the projected time, this rise …
Unlocking Potential: High-Silica Zeolite Market to Reach US$ 1.37 Billion Valuation by 2032
The high-silica zeolite market is expected to exhibit a modest Compound Annual Growth Rate (CAGR) of 1.2% throughout the forecast period, projecting a rise in market share from US$ 1.22 Billion in 2022 to US$ 1.37 Billion by 2032. Factors contributing to this growth include increasing applications in industries such as petrochemicals, construction, and agriculture, driven by …