The global duckweed protein market is expected to be worth USD 87.7 million in 2023, with an 8.9% CAGR from 2023 to 2033. Overall duckweed protein sales are expected to be worth USD 205.8 million by the end of 2033. Duckweed protein is swiftly becoming popular as a nutrient-rich, sustainable plant-based protein source. Growing awareness of environmental and health benefits is driving …
Monthly Archives: August 2024
Bioplastics For Packaging Market is Supposed to Rise at a CAGR of 10.3% by 2033 | Future Market Insights, Inc.
The bioplastics for packaging market is forecast to expand at 10.3% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 11.6 billion in 2023 and USD 30.9 billion by 2033 The demand for bioplastics solutions to package products is expected to be driven by government initiatives to …
Specialty Film Market is Expected to Reach a High Valuation of USD 28.8 Billion by 2034 | Future Market Insights, Inc.
The estimated market size for the global specialty film market in 2024 is USD 22.9 billion. It is expected to jump from this to USD 28.8 billion by 2034. The forecasted market progress is sluggish, at a CAGR of 2.30%. However, due to various assertive market forces, the subject market estimates a better growth rate than the historical period. The food industry’s substantial growth …
Chickpea Industry Booms: Projected USD 15,519.9 Million Market Value by 2033 Driven by Health Benefits
The chickpea market is scheduled to expand at a CAGR of 6.9% during the anticipated period. From USD 7,948.2 million in 2023 to USD 15,519.9 million in 2033, the chickpea market size is forecast to rise. The primary driver of growth in the chickpea protein market is the increasing consumer preference for nutritious foods. People globally are …
Sustainable Agriculture Expansion Fuels Pesticide Detection Market Growth: USD 3,049.50 Million by 2034
The pesticide detection market is valued at USD 1,892.78 million in 2024 and is anticipated to surpass a valuation of USD 3,049.50 million by 2034. The pesticide detection market size is projected to expand at a CAGR of 4.90% from 2024 to 2034. Rising consumer demand for organic and sustainably produced foods has led to heightened scrutiny of pesticide residues and stricter organic certification …
USA Food Service Industry Set to Reach USD 1,995 Billion by 2033 | Future Market Insights Inc.
By 2033, it is anticipated that the USA food service industry would be worth USD 1995.0 billion. By 2023, it is projected to reach a valuation of around USD 985.5 billion. The market is anticipated to increase significantly between 2023 and 2033, with a CAGR of 7.3%. About 26.3% of all food expenses in 1970 were spent …
Nutraceutical Ingredients Market Set for Robust 8.3% CAGR Growth Through 2033 | Future Market Insights Inc.
The Nutraceutical Ingredients Market is expected to increase from USD 53.61 billion in 2023 to USD 118.99 billion by 2033. The probiotics nutraceutical product by type is projected to have the highest market share in terms of value in the nutraceutical ingredient market throughout the forecast period The demand for functional food components is increasing The growing …
Wood-charcoal Market Grows with Advancements in Production and Packaging, Driven by Demand for Eco-Friendly Fuel Sources
The wood-charcoal market demand is anticipated to be valued at USD 22.01 billion by 2024. The market valuation is expected to be USD 27.6 billion by 2034, fostered at a CAGR of 2.3%. The propelling trend towards sustainable living and eco-friendly products presents opportunities for producers to innovate and differentiate their offerings, tapping into niche markets …
Compound Semiconductor Materials Gain Traction in EVs and IoT Applications: Market Expansion Fueled by Increased Industry Demand
The compound semiconductor materials market size is predicted to be worth USD 24.31 billion in 2023 and rise to USD 69.02 billion by 2033. Initially, the global market was expanding at a CAGR of 9.1% from 2018 to 2022. Data transactions have increased due to growing industrialization, which is fueling the expansion of the semiconductor market …
FMI Analysis States North America Underground Mining Vehicle Market Share to Surpass USD 8,795.08 Million by 2033, Growing at 6% CAGR
The North America underground mining vehicle market is projected to reach USD 4,891.72 million in 2023 and is expected to grow to USD 8,795.08 million by 2033, with a compound annual growth rate (CAGR) of 6% over the forecast period. This growth is driven by increasing investments in mining and industrialization, alongside the adoption of advanced technologies such as artificial intelligence (AI) and …