The reusable straws market is on a steady upswing, projected to reach a value of US$4.4 billion by 2033. This eco-friendly alternative to disposable straws is expected to maintain a healthy compound annual growth rate (CAGR) of 7.9% from 2023. This growth reflects a growing consumer shift towards sustainable practices and a rising awareness of …
Monthly Archives: April 2024
Global Arthroscopy Visualization Systems Market Projected to Reach US$ 902.5 Million by 2032
The global arthroscopy visualization systems market is poised for substantial growth, with projections indicating an increase from US$ 453.8 million in 2022 to US$ 902.5 million by 2032, reflecting a compound annual growth rate (CAGR) of 7.1%. This growth trajectory is attributed to several key factors, including the escalating prevalence of musculoskeletal disorders, surging demand …
Cassia Gum Market Insights with 6.5% CAGR Projection by 2032 | FMI
The market for cassia gum is anticipated to expand at a CAGR of 6.5% over the anticipated time frame. According to projections, the market would be worth US$ 31.4 Million by 2032, up from US$ 15.7 Million in 2022. The Cassia gum market in Mexico is expected to grow at a CAGR of around 4.0% by 2032. Cassia gum made from the endosperm of Senna obtusifolia (also called Cassia obtusifolia or Cassia tora) is used as a food additive in food & beverage and manufacturing industry. Cassia gum …
Continue reading “Cassia Gum Market Insights with 6.5% CAGR Projection by 2032 | FMI”
Global Breast Biopsy Devices Market Set to Surge, Reaching US$ 3.6 Billion by 2032, driven by a 5.5% CAGR
The global breast biopsy devices market is on the brink of remarkable growth, poised to achieve a Compound Annual Growth Rate (CAGR) of approximately 5.5% from 2022 to 2032. According to the latest forecast by Future Market Insights (FMI), the market value is expected to escalate to US$ 3.6 billion by 2032, a significant increase …
BRIC Organic Baby Food Market is projected to expand at a CAGR of 16.1% to reach a market size of US$ 24.5 billion by 2033
The BRIC organic baby food market is predicted to grow at a CAGR of 16.1% over the forecast period, according to research by Future Market Insights. The industry’s estimated value is expected to increase from US$ 5.5 Bn in 2023 to US$ 24.5 Bn by 2033. The market for organic baby food is being propelled forward by …
Global Proteomics Market Expected to Surpass US$ 109,485.7 Million by 2032 to grow at a robust CAGR of 13.5%
In a recent report released by FMI, it has been predicted that the global proteomics market demand is anticipated to exceed US$ 30,825.04 Million by the year 2022, marking a significant milestone in the field of biological research and healthcare innovation. Moreover, the market is projected to witness a robust growth trajectory, reaching an estimated …
Frozen Food Packaging Market is Likely to Grow at a CAGR of 8.3% During the Forecast Period 2033 | FMI
The frozen food packaging market is projected to be valued at US$ 900 million in 2023 and grow to US$ 2.0 billion by 2033. The market is estimated to capture a CAGR of 8.3% during the forecast period. The rising demand for sustainable and excellent packaging are driving the adoption of frozen food packaging. The …
Global Physical Therapy Supplies Market Poised for Impressive Growth, Reaching US$ 23,621.17 Million by 2032
The global physical therapy supplies market is on a trajectory of substantial growth, with estimations projecting a valuation of US$ 14,501.35 Million in 2022. This growth is attributed to several factors, including inappropriate eating habits, sedentary lifestyles, and an increase in conditions like stroke and Parkinson’s disease leading to heightened demand for physical therapy interventions. …
Composite Tooling Industry Forecasts Revenue Surpassing US$ 847.4 Million by 2033
The composite tooling industry size reached US$ 493 million in 2022. Sales of composite tooling are likely to witness US$ 525 million in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit a 4.9% CAGR. Revenue is anticipated to cross around US$ 847.4 million by the end of 2033. Composite tooling is essential for manufacturing lightweight and durable products, …
Continue reading “Composite Tooling Industry Forecasts Revenue Surpassing US$ 847.4 Million by 2033”
Active Damping Smartphone Case Market: Poised for Explosive Growth at 7.9% CAGR to Reach $46.16 Billion by 2033
The active damping smartphone case market is experiencing a surge in popularity, driven by the ever-growing global smartphone user base. Estimated at US$21.58 billion in 2023, this market is anticipated to reach a staggering US$46.16 billion by 2033, reflecting a healthy Compound Annual Growth Rate (CAGR) of 7.9%. This significant growth highlights the increasing demand …