The animal feed preservative market is expected to be valued at US$ 298.6 million in 2024. The market’s progress is projected to rise at a CAGR of 5.5% from 2024 to 2034. By 2034, the market value is forecasted to hit US$ 512.2 million. Animal-based product producers are actively seeking ingredients that can help maintain animal health, and this has led …
Monthly Archives: September 2024
Phenoxyethanol Market: Increasing Demand in Cosmetics Driving Sales Growth
The phenoxyethanol market is estimated to be worth US$ 1,742 million in 2024 and is projected to be valued at US$ 2,364 million in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 3.10%. The Global Phenoxyethanol Industry, valued at US$ 1,742 million in 2024, and is projected to be valued at US$ 2,364 million in 2034. Between 2024 …
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Krill Oil Phospholipid Market: Rising Sales and Growing Demand for Omega-3 Supplements
Krill Oil Phospholipid Market The global krill oil phospholipid market is poised for substantial growth, driven by increasing consumer awareness of health benefits and advancements in extraction and formulation technologies. As of 2024, the market is valued at US$ 96.2 million and is expected to reach US$ 188.6 million by 2034, growing at a robust CAGR of 7.0% during the forecast period. Health …
Probiotics for Kids Market: Growing Trend Towards Child Health Products Boosting Market Sales
Probiotic for Kids Market The probiotic for kids market, valued at US$ 1,769.0 million in 2024, is forecasted to witness substantial growth, reaching US$ 2,746.6 million by 2034, with a solid CAGR of 5.30%. This growth is propelled by increasing awareness among guardians about the importance of gut health for children and the proven effectiveness …
Probiotic Cheese Market: Rising Consumer Demand for Functional Dairy Products Drives Industry Growth
Probiotic Cheese Market The global probiotic cheese market is experiencing a seismic shift, driven by a convergence of health-conscious consumer behavior, innovative product offerings, and increasing awareness of the importance of gut health. With an estimated CAGR of 15.1% from 2024 to 2034, the market is set to skyrocket from a value of US$ 526.2 million in …
Global Power Transformer Market Projected to Reach USD 39.3 Billion by 2033, With a 5% CAGR | FMI Reports
Power Transformer Market The power transformer market is anticipated to grow at a compound annual growth rate (CAGR) of 5% from 2023 to 2033, with a global market value of USD 24.1 billion in 2023. According to Future Market Insights (FMI), the market is projected to surpass USD 39.3 billion by the end of 2033. …
Cable Fault Locator Market to Experience Rapid Expansion, Surpassing USD 2159.3 Million by 2033 | FMI Reports
Cable Fault Locator Market The cable fault locator market is set for robust growth, with a projected compound annual growth rate (CAGR) of 8.5% by volume from 2023 to 2033, reaching an estimated value of around USD 795.6 million by the end of 2023. This expansion is primarily driven by the rapid growth of the …
Conveyor System Market Forecast to Reach USD 10.9 Billion by 2033, Exhibiting a 5.45% CAGR | FMI Reports
Conveyor System Market In 2023, the global conveyor system market is valued at approximately USD 6.4 billion. According to projections by Future Market Insights, the market is anticipated to grow at a compound annual growth rate (CAGR) of 5.45% from 2023 to 2033, reaching an estimated USD 10.9 billion by the end of this period. …
Parking Management Solutions Market is Poised to Grow at a Healthy CAGR of 5.6% by 2032 | FMI
The parking management solutions market is poised for remarkable growth, anticipated to achieve a robust 5.6% CAGR and reach an impressive valuation of USD 768.2 Billion by the year 2032. This substantial surge in the market is indicative of the increasing demand for advanced technologies and innovative systems to address the challenges of urban parking. As urbanization intensifies and the number …
Collaborative Robots Market Expected to Hit USD 20.5 Billion by 2033, With a Robust 25.1% CAGR | FMI Reports
Collaborative Robots Market The global collaborative robots market is poised for rapid growth, with a compound annual growth rate (CAGR) of 25.1% during the forecast period. Valued at USD 2.2 billion in 2023, the market is expected to reach USD 20.5 billion by 2033. The integration of cobots into industrial operations has notably reduced workplace …