According to Future Market Insights, the global fortified pet food market is expected to reach US$ 9,863.78 Mn in 2023 and further growth at 7% CAGR between 2023 and 2033. Overall sales of fortified pet food are poised to total a valuation of US$ 16,067.06 Mn in 2033. Pet food with added vitamins and minerals is becoming …
Monthly Archives: May 2024
Surge in Lifestyle Diseases Expands Functional Food Ingredient Market, Aiming for USD 217.43 Billion by 2034
According to Future Market Insights’ latest industry analysis, the global market size for functional food ingredients is estimated to be around US$ 113121 million in 2024. It is projected to exhibit a CAGR growth of 6.80% over the forecast period, with an estimated market size of US$ 217430 million in 2034. Developed and developing countries, like the United States, China, and Japan, are facing the serious concern of …
Ready to Use Supplementary Food Industry Forecast to Surpass USD 1646.1 Million by 2032
In 2022, the Sales of ready-to-use supplemental food are projected to be worth US$ 643.2 million. The rising prevalence of undernourished children in developing nations, increased awareness of malnutrition and its preventative measures, and the continued expansion of RUSF products from UN agencies, charitable organizations, hospitals, pharmacies, and others are all factors in the market’s expansion. By …
Premixed Cocktail Shots Market to Top USD 6,716 Million, Reports Future Market Insights, Inc.
Demand for pre-mixed cocktail shots is expected to reach US$ 3,708 million in 2022, rising at a 6.1% CAGR to US$ 6,716 million from 2022 to 2032. Growth is linked to cocktail beverages’ rising popularity. A CAGR of 5.6% was recorded for the market for premixed cocktail shots from 2016 to 2021. Cocktails that have been pre-mixed …
Global Starch Derivatives Market Expected to Surpass USD 100 Billion by 2033, Says Future Market Insights, Inc.
The Starch Derivatives Market is experiencing robust growth as industries embrace its versatile applications. Derived from corn, potatoes, and other sources, starch derivatives find utilization in food, pharmaceuticals, textiles, and more. They enhance texture, stability, and binding properties in food products, aiding in innovations. In the pharmaceutical sector, starch derivatives serve as excipients, ensuring consistent drug delivery. …
Global Gel Implants Industry Poised for Steady Growth, Reaching US$1.76 Billion by 2033, Driven by Rising Demand for Cosmetic Procedures
The Global Gel Implants Industry is on a steady upward trajectory, poised to reshape the market landscape in the coming decade. According to a recent study by Future Market Insights (FMI), the market is expected to reach US$1.76 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 3.8% from 2023. This growth is …
Global Medical Penlights Industry is predicted to grow at a solid 3.0% CAGR and generate US$362.1 Billion By 2032 | FMI Study
The Global Medical Penlights Industry is on track for a steady and bright future, according to a recent analysis by Future Market Insights (FMI). The market is projected to experience a significant surge in revenue, reaching an impressive US$362.1 billion by 2032. This substantial increase signifies a Compound Annual Growth Rate (CAGR) of 3.0% anticipated …
Shielding the Future: ESD Protection Devices Market Poised for 4.1% CAGR – Safeguard Electronics with FMI
From 2023 to 2033, the ESD protection devices market is estimated to develop at a 4.1% CAGR. The market value is expected to expand from US$ 2,645 million in 2023 to US$ 3,965.5 million in 2033, indicating a significant increase in demand for electrostatic discharge (ESD)-protected electronic components and devices. This expansion emphasizes the growing …
Global Medical Drones Industry Poised to Reach US$3.06 Billion by 2032 at a CAGR of 24.3% | Says FMI Experts
The Global Medical Drones Industry is on the cusp of a revolution, poised for a staggering Compound Annual Growth Rate (CAGR) of 24.3% over the next decade, according to a recent market analysis by Future Market Insights (FMI). This translates to a monumental surge in revenue, with the market expected to reach a value of …
Enterprise Key Management Market Insights, Deep Analysis of Key Vendor in the Industry 2023 to 2033
The enterprise key management market is poised for substantial growth, with projections indicating a staggering value of US$ 10,390.27 million and an impressive (CAGR) of 14.6% through the year 2033. As organizations increasingly recognize the critical importance of safeguarding sensitive data, the demand for robust key management solutions has surged. In this dynamic landscape, where cybersecurity threats continue to …