As per the latest market research conducted by Future Market Insights (FMI), the global live cell encapsulation market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 3.97% from 2023 to 2033. In 2023, the market size is expected to hit a valuation of USD 219.06 million, and by 2033, …
Monthly Archives: July 2024
Plant-Based Ingredients Market Projected to Hit USD 8.5 Billion by 2022, Anticipated 12.2% CAGR Through 2032
The global plant-based ingredients market is expected to reach a market valuation of USD 8.5 Bn by the year 2022, accelerating with a CAGR of 12.2% by 2022-2032. Plant-based ingredients sales grew at a CAGR of 11.6% between 2017 and 2021. The period marked the entry of various market players and product innovations. As people become even more increasingly health – conscious across …
Plant-Based Food Market to Expand Significantly, Projected USD 35.9 Billion by 2033 with 12.2% Growth Rate
According to Future Market Insights’ new report, the global plant-based food market is anticipated to exceed US$ 11.3 billion in 2023. Total market size is expected to reach US$ 35.9 billion by 2033. Sales of plant-based foods are projected to escalate at a CAGR of 12.2% over the forecast period (2023 to 2033). Rising trend of veganism and flexitarians worldwide is providing a strong …
According to FMI Encoder Market Size, Forecast, Analysis and Share Surpass US$ 4.8 billion | 2033, At 7.6% CAGR
The global encoder market is projected to grow at a rate of 7.6% over the coming years. It’s anticipated that the revenue generated from encoder sales will reach approximately USD 2.3 billion in 2023 and is expected to increase to around USD 4.8 billion by 2033. The encoder market is expanding as a result of the rising …
Global Rare Disease Clinical Trials Market Set to Surge reach USD 31,715.25 Million by 2033
The global rare disease clinical trials market has witnessed substantial growth in recent years, driven by a confluence of factors including increased funding from governments and pharmaceutical companies, as well as remarkable advancements in technology and understanding of rare diseases. According to a recent report by Future Market Insights (FMI), the rare disease clinical trials …
Global Food Color Market Expected to Grow Moderately at 5.80% CAGR, Reaching USD 8.46 Billion: FMI Report
The market valuation of the global food color market was US$ 4.76 billion in 2023. This market valuation is estimated to reach US$ 4.83 billion in 2024. In addition, the moderate CAGR of 5.80% shall elevate the market valuation to US$ 8.46 billion by 2034. This market development is influenced by various critical market forces that help …
Egg Powder Industry Poised for Growth Surge: USD 4.8 Billion Valuation Projected by 2034
The global egg powder market is expected to be at a valuation of US$ 1,934.2 million in 2024. Egg powder sales are likely to account for roughly 5.8% of the overall protein market this year. The worldwide demand for egg powder is projected to grow with a CAGR of 9.6% between 2024 and 2034. The global market …
Global Asphalt Shingle Market Poised to Reach USD 13.34 Billion by 2034, Driven by Steady 3.8% CAGR
The worldwide asphalt shingle market is poised for significant growth, with projections from Future Market Insights (FMI) indicating that it will reach USD 9187.2 million in 2024 and escalate to USD 13340.1 million by 2034. This expansion is underpinned by a compound annual growth rate (CAGR) of 3.8% over the forecast period. The increasing demand …
Global Portable Sandwich Maker Market Expected to Reach USD 2.39 Billion by 2032
The portable sandwich maker market is witnessing a surge in demand due to the growing trend of on-the-go eating habits and the need for quick and convenient meal options. This compact and handy appliance allows users to whip up delicious sandwiches within minutes, making it an ideal choice for busy individuals, students, and travelers. The market is …
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Air-Dried Food Market to Reach USD 146.4 Billion by 2033, Growing at 4.1% CAGR Driven by Advanced Packaging and Consumer Demand for Nutritious Products
Air-Dried Food Market The air-dried food Industry is expected to be worth around USD 92.8 billion in 2022. It is expected to have generated US$ 146.4 billion by 2033, with a CAGR of 4.1% during the forecast period, 2023 to 2033. Positive market growth has been influenced by the development of improved packaging materials, such as stand-up pouches, paper packets, as …