The global laminated tubes market is on track for substantial growth, with an expected valuation of USD 1.1 billion in 2023. According to Future Market Insights (FMI), a leading market intelligence firm, the market is anticipated to grow at a steady compound annual growth rate (CAGR) of 6.3% from 2023 to 2033. This robust growth trajectory …
Monthly Archives: August 2024
According to FMI Blister Packaging Market Size, Forecast, Analysis and Share Surpass USD 55.1 Billion | 2034, At 6.5% CAGR
The global blister packaging market is on a strong growth trajectory, with estimated sales valued at USD 29.3 billion in 2024. Revenue is projected to expand at a robust CAGR of 6.5% over the forecast period, reaching a total valuation of USD 55.1 billion by 2034. In 2023, the global blister packaging market size stood …
Global Vitamin Supplements Market Set to Reach USD 133.94 Billion by 2033, Growing at 8.8% CAGR
The global vitamin supplement market is anticipated to capture a valuation of USD 57.63 billion in 2023 and USD 133.94 billion by 2033. The global market is likely to secure a CAGR of 8.8% during the forecast period. Latest Trends in the Vitamin Supplement Market Several factors are increasing the global market trends. A few of these latest trends in vitamin supplements are …
Sports Drink Market to Accelerate with 5.8% CAGR, Expected to Hit USD 56.8 Billion by 2034
Global sports drink sales are projected to reach USD 32.2 billion by 2024, with an anticipated growth rate of 5.8% CAGR from 2024 to 2034. Sports drinks are specially formulated fluids designed to hydrate, replenish electrolytes, and provide carbohydrates for individuals engaged in intense physical activity or extended exercise sessions. They are intended to maintain …
Global Seaweeds Market Forecasted to Hit USD 19.66 Billion by 2033
The global seaweeds market is projected to be valued at USD 7.79 billion in 2023. A CAGR of 9.7% is anticipated for the seaweeds market between 2023 and 2033, bringing the market value to USD 19.66 billion by 2033. In food, animal feed, pharmaceutical, and other industries, the use of hydrocolloids such as carrageenan, alginate, and agar …
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Rising Demand for Nutritional Foods: Frozen Seafood Market Forecast by Organic and Conventional Types 2024-2034
The frozen seafood market is expected to grow from USD 21,995.1 million in 2024 to USD 42,657.6 million by 2034. This growth represents a compound annual growth rate (CAGR) of 6.8% over the decade. Consumers are increasingly choosing online shopping for their frozen seafood needs, valuing the convenience of home delivery. They are also becoming …
Exploring the Gum Arabic Market: Key Functionality, Applications, and Regional Trends for 2032
The global demand for gum Arabic is projected to reach USD 897.3 million in 2022, with an expected compound annual growth rate (CAGR) of 7.2%, increasing to USD 1,796.7 million by 2032. Between 2016 and 2021, the market experienced a CAGR of 5.9%. Gum Arabic, better known as acacia gum, comes across as a natural …
Magnesium Metal Market to Reach USD 9 billion by 2033, Driven by Medical Applications and Electronics Demand
The magnesium metal market demand is projected to experience significant growth, reaching an estimated value of USD 9 billion by 2033. This expansion is driven by the increasing adoption of magnesium metal across various industries, thanks to its advantageous properties such as lightweight and high strength. The market is anticipated to advance at a compound annual …
Specialty Silica Market Projected to Expand to USD 11.93 billion by 2033, Fueled by Demand in Automotive, Electronics, and Construction Sectors
The specialty silica market size is projected to experience robust growth, with an average compound annual growth rate (CAGR) of 5.4% from 2023 to 2033. This upward trajectory is expected to drive the market’s valuation to approximately USD 11.93 billion by 2033. This expansion is fueled by increasing demand across various industries, including electronics, automotive, and pharmaceuticals, …
Mining Flotation Chemicals Market to Reach USD 19,360.2 million by 2033, Growing with Strong Demand in Mining, Construction, and Transportation Sectors
The global mining flotation chemicals market share is projected to experience robust growth, with an anticipated compound annual growth rate (CAGR) of 5% over the coming years. This upward trajectory is expected to drive the market to a substantial valuation of approximately USD 19,360.2 million by 2033. The expansion is fueled by increasing mining activities, technological advancements …