As per Future Market Insights (FMI), the global antimicrobial additives industry value is projected to increase from USD 9,615.5 million in 2023 to USD 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 the food and beverage sector is a …
Monthly Archives: May 2024
Automotive Plastic Industry in BRIC Regions Anticipated to Hit USD 146,530.26 Million by 2034, with a CAGR of 6.9%
Automotive plastic industry sales in BRIC countries are poised for significant growth, reaching USD 75,188.30 million in 2024. The sales of automotive plastic in BRIC countries are expected to witness a moderate CAGR of 6.9% from 2024 to 2034. By 2034, the demand for automotive plastic in BRIC countries is anticipated to surpass a valuation …
Linseed Oil Market Size Expected to Break USD 13,972.5 Million Barrier by 2033
Global sales revenue from the linseed oil market is projected to reach USD 7,904 million in 2023. It is projected to grow at a 6% CAGR and reach USD 13,972.5 million in value by 2033. Because of scientific and technological improvements, growing flax plants is now largely done for the purpose of pressing linseed oil. It is used in the leather industry, as …
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Grape Seed Extract in Pet Food Application Market Size Valuation to Hit USD 73.7 Million by 2033
The grape seed extract in pet food application market is securing a valuation of USD 43 million in 2023 and is rising to USD 73.7 million by 2033. The market is registering a CAGR of 6% during the forecast period. Grape seed extract is a nutritional supplement derived from grape seeds. It may help prevent cells from free radical damage due to the …
Market Size for Functional Foods and Natural Health Products to Climb Over USD 38.6 Billion by 2033
From 2023 to 2033, the market for functional foods and natural health products is projected to expand at a CAGR of 5.3%. The market is being pushed by increased health awareness, an increase in the prevalence of chronic diseases, and rising demand for convenient and healthful food and beverage items. The market is being pushed by increased health …
Coconut Milk Products Market Size Projected to Reach USD 2.74 Billion by 2033
The demand in the market will continue rising as an increasing number of consumers showcase inclination for plant-based food and beverages. In 2022, it was estimated that the global market for goods made with coconut milk would amount to USD 1.2 billion. The industry is expanding as a result of evolving consumer tastes and rising health concerns. By 2033, …
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Rising Demand in Printing and Packaging Drives 2-Ethylhexyl Acetate Industry to US$ 783.6 Million by 2029
Future Market Insights (FMI) has forecast the 2-EthylHexyl acetate market to grow with a year-on-year growth of 4.5% in 2022 reaching a value of about US$ 8.5 Million by 2022 end. The global sales are anticipated to witness a considerable CAGR of 4.6% during the period of 2022 and 2029. High boiling point and good solvent power …
N-Propyl Acetate Industry Surges: Projected Worth Reaches US$ 744.83 million by 2033, Driven by Tailored Product Features and Diversified Applications
Over the projection period, the n-propyl acetate industry is expected to surge at a CAGR of 5.40%. The industry is predicted to be valued at US$ 440.2 million in 2023 and US$ 744.83 million by 2033. This emphasis has sparked increased demand for eco-friendly solvents, positioning n-propyl acetate as a viable alternative due to its lower toxicity and environmental compatibility. …