According to Future Market Insights (FMI), the global bakery fat market is projected to expand substantially from US$ 1420.2 million in 2024 to US$ 2471.1 million by 2034. The market is expected to surge at a CAGR of 5.7% during the forecast period. Bakery fats are essential in producing a wide range of bakery products, such as bread, cakes, pastries, and cookies. Consumers are becoming …
Monthly Archives: May 2024
Stress Relief Supplement Market on Track for 5.5% CAGR by 2034, Fueled by Cognitive Disorders – FMI Study
According to Future Market Insights (FMI), the global stress relief supplement market is expected to grow from US$ 605 million in 2024 to US$ 1,034 million by 2034. The market is projected to surge at 5.5% CAGR from 2024 to 2034. The stress relief supplement market is growing substantially due to rising demand for convenient, high-quality natural supplements. The global stress relief supplement market …
Sleep Gummy Market: A Lucrative Investment Opportunity with 7.3% CAGR Growth till 2034
According to Future Market Insights (FMI), the global sleep gummy market is expected to grow from US$ 447.1 million in 2024 to US$ 908.2 million by 2034. It is estimated to witness a 7.3% CAGR in the assessment period 2024 to 2034. The growing number of sleep disorders among consumers is driving the sleep gummy market’s expansion. The need to treat illnesses that induce …
Exploring Growth Avenues: Chewable Energy Tablet Market Estimated to Surge to US$ 1,120.6 Million by 2034
The global chewable energy tablet market value is estimated to total US$ 478.9 million in 2024. It will likely exhibit a CAGR of 8.9% throughout the forecast period, totaling a valuation of US$ 1,120.6 million by 2034. Consumers mostly prefer orange-flavored chewable energy tablets owing to their perceived health benefits and other advantages. As per the latest analysis, the orange flavor segment will …
Chitin Industry Analysis: Global Revenue Expected to Reach US$ 5,746.2 Million by 2033, with a CAGR of 12.3%
According to Future Market Insight, the global chitin industry is likely to reach US$ 5,746.2 million by 2033, registering a CAGR of 12.3%. This is a considerable increase from its projected value of US$ 1,801.3 million in 2023. Chitin’s versatility and unique properties have made it an attractive material for various industries. Its applications span across pharmaceuticals (drug delivery systems, wound dressings), agriculture …
Automotive Brake System & Components Market Set to Surge to US$ 109,862.1 Million by 2033 with CAGR of 4.7%
The automotive brake system & components market size is projected to be valued at US$ 69,403.5 million in 2023 and is expected to rise to US$ 109,862.1 Million by 2033. The automotive brake system & components market sales are expected to capture a significant CAGR of 4.7% during the forecast period. The automotive brake system & …
Folate Market Outlook: Paving the Way for Substantial Industry Growth by 2032
Folate market also known as vitamin B9, is most noted for its role in supporting a healthy pregnancy and fetal development. It is a synthetic folate compound used in vitamin supplements and fortified food because of its increased stability. It is also find a major application in the pharmaceutical industry, as a key ingredient to prevent …
Continue reading “Folate Market Outlook: Paving the Way for Substantial Industry Growth by 2032”
Surface Disinfectant Chemicals Industry Analysis: FMI Predicts Notable Revenue Surge to US$ 5.8 Billion by 2033, with a CAGR of 4.1%
The surface disinfectant chemicals industry size is predicted to be worth US$ 3.9 billion in 2023, rising to US$ 5.8 billion by 2033. The demand is expected to grow at a significant CAGR of 4.1% during the forecast period. Leading manufacturers of surface disinfectant chemicals have a tonne of opportunities due to the advent of cutting-edge disinfection …
Gas Convection Oven Market Surges to US$ 3,263.3 million by 2033
The global gas convection oven market is projected to exhibit healthy CAGR of 4.3% during the forecast period. The current valuation of the gas convection oven market is US$ 2137 Mn in 2023. The value of the gas convection oven market is anticipated to reach a high of US$ 3263.3 Mn by the year 2033. The market for gas convection …
Continue reading “Gas Convection Oven Market Surges to US$ 3,263.3 million by 2033”
Grid Casting Machine Market Value Rising to US$ 6,085.80 million by 2034
The grid casting machine market plays a vital role in the production of batteries, a crucial component for the rapidly growing electric vehicle (EV) industry and energy storage solutions. Let’s delve into the current landscape, exciting opportunities, and the promising future of this market. Current Scenario: Market Boom: The Grid Casting Machine Market is experiencing …
Continue reading “Grid Casting Machine Market Value Rising to US$ 6,085.80 million by 2034”