The global silicon fertilizer market was valued at USD 131 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.1% over the forecast period, reaching USD 178 million by 2034. The primary factor driving this market is the rapid expansion of the agriculture sector, fueled by a significant …
Monthly Archives: August 2024
Pea Milk Market on the Rise: 10.4% CAGR and Growing Influence in the Plant-Based Milk Arena
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, pea milk sales are projected to reach USD 283.5 million by 2032, growing at a robust CAGR of 10.4% over the decade. FMI analysis reveals that while the original flavor was the leading category in 2022, the vanilla flavor …
Ready-to-Drink Tea Market Accelerates with 8% CAGR, Projected Growth to USD 72.9 Billion by 2033
The ready-to-drink (RTD) tea market is valued at USD 34.3 billion in 2023 and is projected to grow to USD 72.9 billion by 2033, with an anticipated CAGR of 8% over the forecast period. Growing Popularity of Green Tea: The global market for green tea is expanding as more people embrace its health benefits. Increased …
Yellow Pea Protein Market Booms with a 14.4% CAGR, Projected to Reach USD 11.5 Billion by 2033
According to the FMI report, the yellow pea protein market is expected to reach a valuation of USD 3.3 billion in 2023, with projections to reach USD 11.5 billion by 2033, driven by a forecasted CAGR of 14.4%. Food and beverage manufacturers are increasingly incorporating yellow pea protein into nutrition supplements, including energy drinks and …
Projected Growth: Corn Wet Milling Services Market Value to Exceed USD 133,825.5 Million by 2033
The global corn wet milling services market is projected to have a moderate-paced CAGR of 4.9% during the forecast period. The current valuation of the market is USD 82,555.2 million in 2023. The market value is anticipated to reach a high of USD 133,825.5 million by the year 2033. A historical CAGR of 2.2% has …
Global Agar Market Set to Grow: Valuation to Hit USD 478.4 Million by 2033 | Future Market Insights Inc.
The global agar market size is expected to experience substantial growth from 2023 to 2033. According to Future Market Insights, the market is anticipated to exceed USD 292 million in 2023 and reach USD 478.4 million by 2033, expanding at a compound annual growth rate (CAGR) of 5% over the forecast period. Agar is derived …
Carbon Nanotubes Market to Surpass US$ 2,428.1 million in 2033, Driven by Electronics, Plastics, and Energy Storage Demand
The carbon nanotubes industry size is anticipated to surpass UD$ 970.9 million in 2023 and is predicted to attain a valuation of USD 2,428.1 million by 2033. The industry share is projected to thrive at a CAGR of 9.6% from 2023 to 2033. Carbon nanotubes possess exceptional qualities including remarkable strength, electrical and thermal conductivity, as …
Activated Alumina Market to Reach USD 1,465.0 million by 2032: Driven by Demand for Adsorbents and Catalysts
The global activated alumina industry sales are predicted to reach a valuation of USD 1129.6 Million in 2032 with sales growing at a moderate CAGR of 5.8% over the forecast period of 2022 to 2032. In 2022, the activated alumina market is estimated at a value of USD 642.8 Million. Activated alumina’s high porosity leads to …
Plastic Compounding Industry Poised for Robust Growth: Expected to Reach USD 155.196 billion in 2033 with Expanding Applications
By the end of 2023, the global plastic compounding industry is anticipated to have a market value of USD 69.919 billion, with a CAGR of 8.3% from 2023 to 2033. By 2033, the plastic compounding industry is expected to be worth roughly USD 155.196 billion. Increasing Popularity of High-Performance Materials in the Market In several …
Barium Sulfate Industry Growth Driven by Pharmaceutical Demand: Market Expected to Hit USD 2,381.5 million in 2033
The barium sulfate industry size is projected to be valued at USD 1,434.5 million in 2023 and is expected to rise to USD 2,381.5 million by 2033. The market is a growing industry that involves producing and distributing barium sulfate, a white crystalline solid commonly used in various applications. The sales of barium sulfate are …