With a consistent 4.1% CAGR from 2022 to 2032, the rare sugar market is anticipated to surpass US$ 1.5 billion in 2022 and reach US$ 2.1 billion by 2032. The global population is showing an inclination toward low-calorie sweeteners owing to the rise in chronic disorders such as diabetes, blood pressure, and cardiovascular diseases. The food and …
Monthly Archives: June 2024
Plant-Based Chorizo Market to Reach USD 87.6 Million by 2032, FMI Estimates a 8.7% CAGR
The Plant-Based Chorizo Market is experiencing a remarkable surge in popularity, driven by the growing demand for sustainable and ethical food choices. As consumers seek healthier alternatives to traditional meat products, plant-based chorizo offers a delectable solution that satisfies both taste buds and conscience. With its bold, spicy flavors and versatile applications in various cuisines, this vegan …
Global Flavonoid Market to reach a valuation of USD 2.3 billion by 2034, FMI Projection
The global flavonoid market will reach a valuation of US$ 1.1 billion in 2024, attributed to factors such as e-commerce expansion. The trend is set to create new opportunities for the market, leading to a projected CAGR of 7.7% between 2024 and 2034, and reaching a total valuation of approximately US$ 2.3 billion by 2034. …
Zooming in on the Pet Care Market’s Trajectory: A Year-over-Year Analysis of Reaching USD 430 Billion by 2033 | FMI
The pet care market is predicted to be valued at USD 211.1 billion in 2023 and USD 430 billion by 2033. Over the projection period, sales in the pet care market are expected to increase at a CAGR of 7.4%. The integration of technology into pet care is an avenue that remains largely unexplored. From wearable health …
Unleashing Growth: The Pet Insurance Market Surging at 16.8% CAGR by 2033 – An Opportunity Map Analysis | FMI
The pet insurance market is predicted to be valued at USD 9.53 billion in 2023 and USD 40 billion by 2033. Over the projection period, sales in the pet insurance market are expected to increase at a CAGR of 16.8%. A promising trend is the emergence of specialized coverage plans. Tailored policies for specific breeds, …
Sustainable Solutions in Healthcare: How Bioresorbable Polymers are Reshaping Medical Procedures
The market for bioresorbable polymers is expected to grow at a rate of 10.9% from 2023 to 2033, with revenue expected to reach USD 3,937.8 million from USD 1,339.4 million in 2023. As sustainable solutions gain traction, the healthcare industry is witnessing a significant revolution in the market for bioresorbable polymers. These innovative polymers, also …
Capitalize on the Automotive Tinting Film Market Boom: A 4.6% CAGR Growth Opportunity
According to Future Market Insights (FMI), the worldwide market for automotive tinting film size reached USD 5,268.5 million in 2023. It is projected that the worldwide market for automotive tinting film will expand at a 4.6% compound annual growth rate (CAGR) over the next ten years, with a valuation of USD 8,270.5 million by 2033. …
Pivaloyl Chloride Market Booms: Capitalize on Opportunities in Pharma and Agrochemicals
The global pivaloyl chloride market is poised for substantial growth in the forecast period between 2022 and 2032, with a projected Compound Annual Growth Rate (CAGR) ranging from 4.3% to 6%. The increasing demand for pivaloyl chloride in the pharmaceutical and agrochemical industries is expected to be the primary driver of this growth. Pivaloyl …
Unlocking the Potential of Phenoxycycloposphazene: Trends Driving Market Expansion in the Electronics Industry
By 2023, the global phenoxycyclophosphazene market is anticipated to be worth USD 147.68 million, and by 2033, it is anticipated to be worth USD 245.88 million, growing at a CAGR of 5.2%. There are now more building and remodeling projects than ever before due to the fast urbanization and development of the world’s population. The …
Barite Market Poised for Growth: Rising Demand Across Industries to Drive Market Value to USD 2.2 Billion by 2034
According to estimates, the value of the barite market will increase from USD 1,261.2 million in 2019 to USD 1,537.3 million in 2024. Compared to the 3.5% CAGR recorded from 2019 to 2023, the market is expected to register a CAGR of 4.10% from 2024 to 2034. By 2034, it is anticipated that the industry …