New Product Development
As per the report published by FMI, the global organic lamb market is projected to have a moderate-paced CAGR of 5.5% during the forecast period. The current valuation of the market is US$ 3.71 Billion in 2022. The market value of organic lamb is anticipated to reach a high of US$ 6.34 Billion by the year 2032. …
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The global Dental Orthodontic Wax Market is set for significant growth, driven by the increasing prevalence of malocclusion and a rising demand for affordable orthodontic treatments. According to a recent study by Future Market Insights (FMI), the market is projected to soar from USD 900 million in 2022 to a substantial USD 2 billion by 2032. …
The herb oil market is predicted to be valued at US$ 1,449.1 million in 2023 and US$ 3,255.8 million by 2033. Over the projection period, the herb oil market is expected to surge at a CAGR of 8.4%. The market is witnessing a surge in demand for herb oil blends tailored for specific purposes, such as stress relief, immune support, and relaxation. …
According to Future Market Insights (FMI), the global mezcal market is estimated to reach a valuation of US$ 635 million by 2024. Over the forecast period, sales are poised to increase at a CAGR of 14.2%. The global industry is estimated to reach US$ 1,536 million by 2034. Increasing consumer demand for premium versions of mezcal is a key factor surging mezcal …
The coconut milk market is estimated to be worth US$ 1,233.4 million in 2023 and is projected to be valued at US$ 2,199.4 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%. With increased emphasis on health among customers, consumption, and demand for coconut milk are likely to rise. Coconut milk products include antibacterial & antiviral …
According to Future Market Insights (FMI), the global human milk oligosaccharide (HMO) market is estimated to reach US$ 100.8 million in 2024. Over the forecast period, human milk oligosaccharide sales are poised to increase at a CAGR of 6.5%. The global market is estimated to reach US$ 161.6 million by 2034. Escalating demand for infant formula products that emulate the nutritional composition of …
The global home audio equipment market is projected to soar at a 12% annual growth rate, reaching a value of US$ 90 billion by 2032. The increasing demand for home audio equipment is fueled by consumers’ growing inclination towards high-end products and the rising number of households in urban areas. Developing nations such as Mexico, India, and …
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The pet treats and chews market is projected to reach USD 9 billion in 2023, with forecasts indicating it will grow to USD 15 billion by 2033. Over this period, the adoption of pet treats and chews is expected to advance at a compound annual growth rate (CAGR) of 5.2%. As the demand for organic and natural …
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The global Nonvascular Interventional Radiology Device Market is poised for significant growth. According to a recent analysis, the market is projected to reach a value of USD 44.6 billion by 2034, expanding at a steady Compound Annual Growth Rate (CAGR) of 4.9% from its 2024 valuation of USD 27.6 billion. This growth underscores the increasing …
In 2023, the market size for pet transporting services is estimated to be USD 525 million. By 2033, it is expected to increase to USD 820 million. The adoption of pet transporting services is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. The advancement of technology is pivotal in …
