The pet care market in Southeast Asia is witnessing an impressive transformation, fueled by rising pet ownership, urbanization, and shifting consumer behavior. The region, encompassing countries like Indonesia, Malaysia, Singapore, Thailand, and the Philippines, is emerging as a key player in the global pet care sector. As lifestyles change and people become more inclined towards …
Monthly Archives: September 2024
Lead-Acid Battery Market: A Sustainable Choice for Renewable Energy and E-Mobility | FMI Reports
Lead-acid battery market have stood the test of time, evolving through numerous technological advancements that have enhanced their performance, reduced weight, and increased durability. From their initial use in mining lamps to becoming a crucial component in automotive, defense, communications, and renewable energy sectors, lead-acid batteries have consistently adapted to meet the changing needs of …
Trends in Transformation: Bathroom Cabinets Market Projected to Grow at 8% CAGR | Future Market Insights Inc.
The global bathroom cabinets market is expected to reach USD 64.12 billion, with a projected compound annual growth rate (CAGR) of 8% during the forecast period. As the construction industry expands and social media trends evolve, demand for bathroom cabinets is anticipated to rise to USD 138.42 billion by 2033. Over the forecast period, high-quality …
Shining Bright: Smart Mirror Market Set for Nearly 8% Growth Over the Next Decade
In 2023, the global smart mirror market is projected to be valued at around USD 548.21 million, with an anticipated increase to approximately USD 1,183.54 million by 2033. During the forecast period from 2023 to 2033, the growth rate for smart mirror manufacturing is expected to be nearly 8%. Growth Drivers of Smart Mirror Market …
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Europe Malt Extract Market to Reach USD 12.9 Billion by 2026, Growing at a 5.6% CAGR
The Europe malt extract market is valued at US$ 9.8 Bn in 2021. The market is likely to grow at a CAGR of 5.6% through 2026, reaching US$ 12.9 Bn by 2026. In 2017, the Europe malt extract market is estimated to be valued at a little over US$ 7,900 Mn and is expected to reach more than US$ 12,900 Mn …
Aquafeed Market to Reach USD 90.9 Billion by 2033, Driven by 6.8% CAGR and Growing Demand for Plant-Based Feed Solutions
Aqua Feed Market By 2033, aqua feed market value is expected to reach a valuation of US$ 90.9 billion, with a strong CAGR of 6.8% over the next ten years. This significant growth is anticipated from its starting point of US$ 46.8 billion in 2023. The aqua feed market has grown greatly due to multiple factors. Key …
Encapsulated Flavors Market to Reach USD 5.7 Billion by 2034, Driven by 5.3% CAGR and Rising Demand for Clean Label Solutions
The global Encapsulated Flavors market share is on a significant growth trajectory, with projections indicating an increase from USD 3.4 billion in 2024 to USD 5.7 billion by 2034. This growth, at a CAGR of 5.3% over the forecast period, is driven by evolving consumer preferences for clean label products and advancements in encapsulation technology. Market Dynamics …
Demineralized Whey Powder Ingredient Market to Reach USD 1.09 Billion by 2033, Growing at 5% CAGR
Demineralized Whey Powder Ingredient Market According to Future Market Insights (FMI), the demineralized whey powder ingredient market is expected to thrive at a CAGR of 5% from 2023 to 2033. As per recent estimates, the market value is projected to increase from US$ 657 million in 2023 to US$ 1,086.7 million by 2033. Whey is a by-product of cheese manufacturing industry. Whey is …
Coconut Milk Market to Reach USD 2.2 Billion by 2033, Driven by 6.3% CAGR and Growing Demand in Beverages and Cocktails
Coconut Milk The coconut milk market is estimated to be worth US$ 1,233.4 million in 2023 and is projected to be valued at US$ 2,199.4 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%. With increased emphasis on health among customers, consumption and demand for coconut milk are likely …
Global Probiotic Supplement Market to Surge to USD 23.87 Billion by 2034, Growing at 11.2% CAGR
The global probiotic supplement market value is set for remarkable growth, driven by increasing consumer awareness of health benefits, innovations in probiotic delivery methods, and expanding market opportunities. According to recent projections, the market is expected to grow from US$ 7,524.6 million in 2024 to US$ 23,874.5 million by 2034, exhibiting a robust compound annual growth rate …