The vegan cat food market is forecasted to expand at 6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 9,291 million in 2023. Growing ethical concerns among the masses related to the killing of animals for food are giving an impetus to market growth. Another factor fuelling the …
Monthly Archives: July 2024
Pet Food Microalgae Market Projected to Hit USD 38.3 Million by 2033, Says Future Market Insights
The pet food microalgae market is forecast to expand at 5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 24 million in 2023. The pet food industry is in full bloom as the adoption of four-legged human friends is increasing steadily. An increase in pet owners …
Exploring the Growth and Future Prospects of the Bulk Bag Divider Market, Projected to Grow at a CAGR of 4.55% by 2032
The global bulk bag divider market is anticipated to be valued at US$ 5 Billion in 2022, forecast to grow at a CAGR of 4.55% to be valued at US$ 7.8 Billion from 2022 to 2032. The growth of the bulk bag divider market is attributed to its global utilization across the packaging industry. The bulk bag divider market is witnessing significant growth …
Rising Awareness of Sustainable Farming Practices Drives Growth in Silage Additive Market, Projected to Exceed USD 4.9 Billion by 2034
The global silage additive market is poised to cross US$ 2,935.6 million in 2024 and is likely to attain a valuation of US$ 4,902.9 million by 2034. The silage additive market size is projected to expand at a CAGR of 5.4% from 2024 to 2034. With the global population on a continuous rise, the demand for beef …
Assembly Trays Market is Likely to reach US$ 21.45 Billion by 2032 | FMI Study
The assembly trays market is witnessing significant growth propelled by the expanding manufacturing sector across various industries. These trays play a crucial role in facilitating the efficient organization and transportation of components during assembly processes. In this blog post, we delve into the current trends, growing demand, and promising future outlook of the assembly trays market. …
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Safety Label Market Set for Steady Growth: From USD 5.4 Billion in 2024 to USD 7.7 Billion by 2034 at a 3.6% CAGR
The safety label market is anticipated to grow at a steady CAGR of 3.6% throughout the forecast period. Valued at USD 5.4 billion in 2024, the market is projected to reach USD 7.7 billion by 2034. This growth is driven by the increasing emphasis on workplace safety and regulatory compliance across various industries. Safety labels …
Wrap-around Label Market is Projected to Reach US$ 13.8 Billion by 2033 | FMI
Global sales of wrap-around labels are estimated to be valued at US$ 8.8 billion in 2023 and are anticipated to reach US$ 13.8 billion by 2033. Sales are projected to expand at a CAGR of 4.9% over the forecast period between 2023 and 2033. The global market for wrap-around labels expanded at a CAGR of 2.6% during the historical period. It reached a market value of US$ 8.3 …
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Retro-Reflective Labels Market: A CAGR of 12% and Reach at a US$ 17 Billion by 2032
The retro-reflective labels market is projected to register a CAGR of 12% during the forecast period, up from US$ 4.87 Billion in 2021 to reach a valuation of US$ 17 Billion by 2032. The retro-reflective labels market is experiencing notable growth, driven by various factors such as increasing safety regulations, technological advancements, and sustainability efforts. Below are …
Plant-Based Butter Industry Outlook: Market Segmentation, Technological Advancements and Projections to 2030
The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021. Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among …
Clean Label Pectin Market to Hit USD 221.8 Million by 2033, Growing at 6% CAGR
The clean label pectin market was projected to generate US$ 118.89 Million in 2022. The market will grow at a CAGR of 6% from 2023 to 2033, reaching a value of US$ 221.8 Million because of shifting customer preferences for natural ingredients in cuisine. Plants produce pectin, a soluble fiber material that is found in the cell …
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