The need for plant based beverage is predicted to rise at a moderate CAGR of 5.92% through 2034. The Marché des boissons à base de plantes is projected to surpass US$ 665.8 billion by 2034. The surge in the trend of veganism is helping to promote the demand for plant based beverages across the globe. The expansion and the rise …
Monthly Archives: September 2024
Oats Market Set to Surpass USD 17,332.1 Million by 2034 with a Focus on Sustainability and Environmental Impact: FMI
The oats market size (Marché de l’avoine) is poised to cross US$ 9,181.7 million in 2024 and is likely to attain a valuation of US$ 17,332.1 million by 2034. The oats industry is projected to develop at a CAGR of 6.6% from 2024 to 2034. The players in the market are cognizant of how consumers are beginning to weigh sustainability more …
Ship Repair and Maintenance Service Market Forecasted to Reach USD 53,375.69 Million by 2034, Expanding at a 6.6% CAGR | FMI Reports
Ship Repair and Maintenance Service Market The ship repair and maintenance service market is anticipated to reach a valuation of USD 28,169.45 million in 2024, with expectations of growing to USD 53,375.69 million by 2034, driven by a steady Compound Annual Growth Rate (CAGR) of 6.6% over the forecast period. The expansion of the manufacturing …
Automotive Turbocharger Market Expected to Reach USD 41.5 Billion by 2033, with a CAGR of 9.6% | FMI Reports
Automotive Turbocharger Market The global automotive turbocharger market is projected to reach USD 16.6 billion in 2023, with expectations to expand to USD 41.5 billion by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 9.6% over the forecast period. Turbochargers are essential for enhancing engine efficiency by compressing intake air, which improves …
Market Outlook: Air Separation Plants Set to Achieve USD 10,512.26 Million by 2034, Driven by a 4.90% CAGR | FMI Reports
Air Separation Plant Market The air separation plant market is poised for significant growth, currently valued at USD 6,515.40 million in 2024. With a projected Compound Annual Growth Rate (CAGR) of 4.90%, the market is expected to reach an impressive USD 10,512.26 million by 2034. This growth trajectory is primarily driven by the rising demand …
Steady Expansion: Electrical Enclosure Market Forecasted to Reach USD 81.3 Billion by 2033, with a CAGR of 5.2% | FMI Reports
Electrical Enclosure Market Electrical enclosures are essential components across various industries, providing critical protection for electrical equipment and ensuring safe operation in diverse environments. The global Electrical Enclosure Market is poised for significant growth, with its value expected to reach USD 46.6 billion by 2022. This upward trajectory is forecasted to continue, fueled by strong …
Automotive Composites Market Set to Reach USD 26.1 Billion by 2033, Driven by a Strong CAGR of 12.1% | FMI Reports
Automotive Composites Market The automotive composites market is projected to reach a valuation of USD 8.3 billion in 2023, according to Future Market Insights. Over the next decade, the market is expected to grow at a compound annual growth rate (CAGR) of 12.1%, potentially reaching USD 26.1 billion by 2033. The market remains highly competitive, …
Global Feed Enzymes Market Outlook: Strategic Insights and Growth Forecast for 2023 to 2033
The global feed enzymes market (Marché des enzymes alimentaires) size is estimated to grow to US$ 1.2 billion in 2023 and is projected to reach US$ 1.8 billion by 2033. The market is expected to record a CAGR of 4.4% during the forecast period. In the Face of Antibiotics Ban, Feed Enzymes Emerge as Lucrative Alternative …
Infant Formula Market Forecasted to Grow at 8.7% CAGR by 2034 Due to Increased Formula Preference: FMI
According to Future Market Insights (FMI), the global infant formula market (Marché des préparations pour nourrissons) is projected to witness substantial growth, increasing from US$ 50,126 million in 2024 to US$ 1,15,326 million by 2034. The market is expected to surge at a CAGR of 8.7% during the forecast period. The infant formula market is growing due to factors such as rising working …
Frozen Ready Meal Market Projected to Reach USD 73.86 Billion by 2034 with a 5.2% Annual Growth Rate
According to Future Market Insights (FMI), the worldwide frozen ready meals market (Marché des plats cuisinés surgelés) size is anticipated to reach US$ 44,318.9 million in 2024. It will likely experience steady growth, with global demand for frozen ready meals rising at a CAGR of 5.2% throughout the forecast period. By 2034, the global market valuation is expected to …