The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of USD 3.5 billion in 2023 and USD 7.3 billion by 2033. Aloe vera extraction is employed to create powders, gels, capsules, beverages, and concentrates. Consequently, the consumption of Aloe …
Monthly Archives: August 2024
Global Pea Protein Market to Hit USD 4.7 Billion by 2034, Driven by Growing Interest in Plant-Based Nutrition | FMI Report
The pea protein market is experiencing a surge in popularity, driven by the rising demand for plant-based alternatives. Consumers are increasingly seeking healthy, sustainable, and ethical food options, and pea protein fits the bill perfectly. Market Size and Growth: The global pea protein market size is projected to reach US$ 1,604.3 million in 2024. It will likely exhibit …
Global Centrifugal Pumps Market is Expected to Reach USD 60 billion by 2033, Expanding at a 6.2% CAGR |FMI Reports
The centrifugal pumps market is predicted to be valued at USD 33 billion in 2023 and USD 60 billion by 2033. Over the projection period, sales in the Centrifugal Pumps market are expected to increase at a CAGR of 6.2%. Significant growth opportunities lie in the growing demand for energy-efficient pumps. As sustainability becomes a …
Variable Frequency Drive Market Forecasted to Reach USD 62,203.02 Million by 2034, Driven by a 5.60% CAGR | FMI Reports
The variable frequency drive (VFD) market is projected to surpass USD 36,072.17 million in 2024, reaching an estimated valuation of USD 62,203.02 million by 2034. This market is expected to grow at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2034. VFDs are becoming integral to the evolution of smart grid initiatives, significantly …
Commercial Refrigeration Equipment in the United States Market to Surge to USD 11,801.44 Million by 2034, with a CAGR of 3.90% | FMI Reports
The United States commercial refrigeration equipment market is expected to grow at a compound annual growth rate (CAGR) of 3.90% through 2034. Sales are estimated to reach USD 8,049.70 million in 2024 and are projected to exceed USD 11,801.44 million by 2034. A significant driver of this growth is the expansion of the food retail …
Off-Highway Vehicle Telematics Market Set to Hit USD 2,154.3 Million by 2033, Growing at a 16% CAGR | FMI Reports
Off-Highway Vehicle (OHV) Telematics Market The off-highway vehicle (OHV) telematics market is expected to be valued at USD 488.3 million in 2023, rising to USD 2154.3 million by 2033. The off-highway vehicle (OHV) telematics market is predicted to develop at a 16% CAGR between 2023 and 2033. The forecast for the OHV telematics market remains positive, mostly due to the increased …
Global Automotive Pump Market is estimated to be worth USD 118 billion by 2033, expanding at a CAGR of 6.2%
According to Future Market Insights, the global automotive pump market is projected to reach a valuation of USD 64.57 billion in 2023 and is expected to grow to USD 118 billion by 2033. This growth corresponds to a compound annual growth rate (CAGR) of 6.2% over the forecast period from 2023 to 2033. The expansion …
Digital Printing Packaging Market is Expected to Reach a Strong Valuation of USD 30,696.45 Million by 2033 | FMI
The digital printing packaging market is forecast to experience a growth rate of 5.1% over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 18,666.50 million in 2023 and is expected to be worth USD 30,696.45 million by 2033. Digital printing is gaining traction primarily due …
Global Polyester Straps Market Size and Shares to Grow at a CAGR Value of 7.4% By 2033 | Future Market Insights, Inc.
The global polyester straps market is anticipated to reach a valuation of USD 1.0 billion in 2023, driven by shift towards sustainable packaging solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2023 and 2033, and reaching a total valuation of approximately USD 2.1 billion by 2033. This growth is driven …
Global Disposable Cups Market is Expected to Generate USD 21.1 Billion by 2033: Future Market Insights, Inc.
In 2023, the market for disposable cups is anticipated to be worth USD 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2%. By 2033, the market is anticipated to be worth USD 21.1 billion. In 2023, it is predicted that the top 3 nations would account for 40% to 45% of the market. Owing to …