New Product Development
Fortified Rice Market The fortified rice market value is experiencing significant growth, projected to reach a valuation of USD 34.50 billion by 2033, up from USD 20.20 billion in 2023, recording a CAGR of 5.5%. Key drivers of this growth include the rising awareness of malnutrition, government initiatives, and increasing rice consumption worldwide. Demand and Growth …
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In 2023, the pipe flanges market is estimated to be valued at USD 4,621.5 million. The market is projected to reach USD 6,907.0 million by 2033, with a robust CAGR of 4.1% throughout the forecast period. Pipe flanges are revolutionizing industrial processes and playing a crucial role in various sectors. The rising energy demand and the requirement for effective power transmission have …
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Global vegan protein foods market is poised for substantial growth, with a projected valuation of USD 19.06 billion by 2033, up from USD 10.33 billion in 2023. This growth is driven by factors such as the increasing popularity of veganism, rising health consciousness among consumers, and the environmental sustainability of plant-based proteins. Key regions driving this …
The market for PAG compressor oil is expected to grow at a compound annual growth rate (CAGR) of 8.7%, with a current valuation of USD 1.4 billion by 2023. The end-use industry’s growing application is expected to propel the market to USD 3.22 billion by 2033. The market for PAG compressor oil is expanding …
The global hexagonal boron nitride powder market is anticipated to reach a valuation of USD 253.5 Million in 2024, driven by increasing growth of hospitality industry. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.9% between 2024 and 2034, and reaching a total valuation of approximately USD …
The market share of tortilla mix is experiencing significant growth, with a projected valuation of USD 23.18 billion by 2033, up from USD 12.23 billion in 2023. This growth is driven by factors such as the increasing popularity of tortillas as a healthier alternative to bread, rising health consciousness among consumers, and the convenience offered …
The expanded PTFE (ePTFE) market had an estimated market size of USD 788.5 million in 2023 and is expected to reach a global market size of USD 1490 million by 2034, increasing at a CAGR of 5.9% between 2024 and 2034. By 2024, the market for expanded PTFE (ePTFE)s is likely to reach a valuation of …
The low-fat and low-carb foods market is experiencing remarkable growth, with a projected valuation of USD 9.7 billion by 2033, up from USD 5.2 billion in 2023. This market surge is driven by factors such as the increasing incidence of chronic diseases, rising demand for convenience foods, and the growing adoption of the Keto Diet. …
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The global energy recovery ventilator core market is anticipated to reach a valuation of USD 1.1 Billion in 2024, driven by collaboration with energy service companies. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.1% between 2024 and 2034, and reaching a total valuation of approximately USD …
Throughout the forecast period, the global market for green fertilizer is expected to grow at an average annual rate of 4.5%. As of 2023, the market is valued at USD 2,145.73 million. By 2033, it is projected that the green fertilizer market will reach a valuation of USD 3,332.26 million. FMI has analyzed that the …