According to FMI, the global gaskets and seals market is projected to grow at a CAGR of 2.10% over the forecast period. The market’s value is anticipated to rise from USD 87,012.9 million in 2024 to USD 152,911.56 million by the end of 2034. The demand for gaskets and seals is expected to surge in …
Monthly Archives: August 2024
Global Hybrid Vehicles Market Projected to Reach USD 1,644,192.6 Million by 2033, with a CAGR of 21.6% | FMI Reports
Hybrid Vehicles Market The hybrid vehicles market is experiencing substantial growth, projected to reach an impressive USD 1,644,192.6 million by 2033, with a robust CAGR of 21.6%. This growth reflects the rising consumer preference for eco-friendly and fuel-efficient vehicles. As global transportation trends shift towards sustainability, hybrid vehicles offer a compelling solution by combining traditional internal combustion engines with electric …
Golf Cart Market Forecast: USD 2.07 Billion Market by 2033, Driven by a 3.9% CAGR | FMI Reports
Golf Cart Market The golf cart market is poised for significant growth, with projections estimating a valuation of USD 2.07 billion by 2033, driven by a steady CAGR of 3.9%. This upward trend is largely attributed to the increasing popularity of golf as a recreational activity, alongside the rising adoption of golf carts for various other uses in resorts, airports, …
Tapping into the Millennial Market: How Nutrient-Rich Extruded Snacks are Fueling a USD 150.4 Billion Industry by 2033
Extruded Snacks Market The extruded snacks market (압출 스낵 시장) is projected to be valued at USD 79.1 billion in 2023 and is estimated to grow at USD 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period. The growing demand for nutrient-rich snacks, changing consumers’ preferences, and craving …
Unlocking Flavorful Opportunities: Flavored Syrup Market’s Steady Growth to USD 81.2 Billion by 2034
Flavored Syrups Market The global market for flavored syrups market is estimated to be around US$ 57,230.9 million in 2024. In 2023, the market was valued at US$ 54,350.3 million. It is projected to exhibit a CAGR of 4.00% over the forecast period, with an estimated market size of US$ 81,200.0 million by 2034. Post-pandemic, there has been an excellent demand for artisanal and customized …
Invest in Rich Returns: Cocoa Market Expected to Surge at 4.7% CAGR, Reaching USD 24 Billion by 2033
Cocoa Market According to Future Market Insights (FMI), the global cocoa market is estimated to reach US$ 15,156.7 million in 2023 and further accelerate at 4.7% CAGR throughout the assessment period. By 2033, the market size is set to attain a valuation of US$ 23,981.1 million. Growing applications of cocoa across thriving confectionery industry is a key factor driving the global cocoa market …
Driving Pet Food Innovation: Market Expansion from 2024 – 2034 – A Lucrative Investment Prospect
The Pet Food Processing Market is expected to be valued at US$ 6,684.4 million in 2024. In contrast, the 2023 value was marked at US$ 6,348.0 million. The market is expected to progress at a modest rate over the forecast period, with a CAGR of 4.0%. By 2034, the value of the market is forecasted to have inflated to US$ 9,112.7 million. The need …
Capitalizing on the 6% CAGR in the Food Glazing Agent Market: A USD 7.5 Billion Opportunity by 2034
The food glazing agents market size is poised to cross US$ 4,353.1 million in 2024 and is likely to attain a valuation of US$ 7,533.2 million by 2034. The food glazing agent market share is projected to develop at a CAGR of 6% from 2024 to 2034. The food glazing agents industry is experiencing a boom in demand for clean-label ingredients in response to increased customer …
Packaging Barrier Film Market to Reach USD 24.5 Billion, Globally by 2034 at 2.7% CAGR: Future Market Insights, Inc.
The packaging barrier film market is expected to be valued at USD 18.8 billion in 2024. The market is expected to progress at a sluggish rate over the forecast period, with a CAGR of 2.7%. By 2034, the value of the market is forecasted to have inflated to USD 24.5 billion. The packaging barrier film market is experiencing significant growth due …
Riding the Wave of Health Consciousness: Allulose Market Expected to Grow at 8.9% CAGR – What Investors Need to Know
The Global allulose industry size (Mercado de Alulosa) is estimated at US$ 256.25 million in 2024. FMI projects the market to develop at 8.9% CAGR between 2024 and 2034, reaching a valuation of US$ 598.61 million by 2034. The increased use of allulose in the production of pharmaceutical medications for lifestyle disorders, as well as the expansion of the food processing industry in …