The global microencapsulation market is estimated to be valued at USD 6.5 billion in 2022 and is projected to reach USD 10.3 billion by 2032, at a CAGR of 8.2% from 2022 to 2032. The food microencapsulation market is likely to benefit from strategic partnerships forged between industry partners and technology users. With companies looking at investing in research and development …
Monthly Archives: May 2024
Food Clamshells Industry is Expected to Reach at a US$ 2.46 Billion by 2033 | FMI
In 2023, the global food clamshells market is expected to be worth US$ 1.57 billion. Food clamshell demand is expected to climb at a 4.6% CAGR between 2023 and 2033, hitting US$ 2.46 billion by 2033. RFID labels and QR codes are increasingly used on food clamshells because they simplify product tracing and tracking. Intelligent packaging is expected …
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Thioglycolate Market Eyes USD 364.3 Million Valuation and 10% CAGR by 2034 | Future Market Insights, Inc.
The Thioglycolate market is estimated to be valued at US$ 152.7 million in 2024. The market is anticipated to reach US$ 364.3 million by 2034. Players in the industry witness a rise in demand for thioglycolates at a CAGR of 10% from 2024 to 2034. The surge in demand for eco-friendly cosmetic formulations is a primary driver propelling the thioglycolate industry …
Rising Demand for Premium Chocolates Spurs Growth in Chocolate Wrapping Films Market, Reach at a US$ 1,148.6 Million by 2033
The chocolate wrapping films market is anticipated to thrive at an average CAGR of 4.5% between 2023 and 2033. The market is expected to have a market share of US$ 1,148.6 million by 2033, while it is likely to be valued at US$ 739.65 million in 2023. Due to which vendors are innovating premium cardboard-based luxury packaging solutions, increasing demand for premium chocolates …
Concentrated Milk Fat Market Poised for 7.9% CAGR Surge through 2033 | Future Market Insights Inc.
The concentrated milk fat market is anticipated to flourish at a strong CAGR of 7.9% between 2023 and 2033. The market is expected to hold a market share of US$ 9,651.8 million by 2033 while it is likely to reach a value of US$ 4,501.0 billion in 2023. The ability to provide a longer shelf-life, along with …
Global Cacao Beans Market Valued at USD 26,392.2 Million in 2033, Forecasts 6.9% CAGR | Future Market Insights, Inc.
The global cacao beans market is valued at US$ 13,603.2 million in 2023, and it is expected to expand at a CAGR of 6.9% from 2023 to 2033. Forastero cacao beans account for 4/5th of the total market revenue. According to FMI, Germany is estimated to hold more than 17.6% share of the European cacao beans market in 2022, and …
Box Liners Market Driven by Increasing Demand across Various End-Use Industries | Says FMI
The box liners market size is slated to cross a valuation of US$ 400.40 million in 2023 and is predicted to hit a valuation of US$ 710.15 million by 2033. The box liners market share is estimated to expand at a CAGR of 5.9% from 2023 to 2033. Consumption of box liners is increasing significantly in the electronic industry, processed food industry, consumer …
Cartoning Machines Market Growth Supported by Demand for Innovating Packaging Solutions
The cartoning machines market is poised for significant growth, with the global market size projected to reach US$ 4,748.10 million by 2023. The cartoning machines are expected to witness a robust CAGR of 5% from 2023 to 2033. By 2033, the cartoning machines industry is anticipated to reach a valuation of US$ 7,734.15 million. Innovating packaging solutions have been growing in demand …
Child Resistant Locking Pouches Market: Increasing Adoption in Pharmaceutical & F&B Industries Propels Growth
Sales of child resistant locking pouches worldwide between 2018 and 2022 have already exhibited strong development, achieving a CAGR of 4.4%. As per the findings of the FMI market survey, the global sales value of child-resistant locking pouches in 2022 reached US$ 1,231.4 million. The global child resistant locking pouches market’s estimated value in 2023 is nearly US$ 1,307.75 million. …
Expansion of Building & Construction Sector Fuels Demand for Strapping and Banding Equipment | Says FMI
The global sales of strapping and banding equipment grew consistently, with a noteworthy CAGR of 3.5% throughout the historical period. The global strapping and banding equipment market had a valuation of about US$ 2,376 million in 2022. The sales of strapping and banding equipment are anticipated to record a strong CAGR of 4.8% during the forecast period. By maintaining this lucrative …