The automotive carbon ceramic brake industry is projected to grow significantly, with its valuation increasing from USD 588.93 million in 2024 to USD 1,568.26 million by 2034. During the forecast period (2024–2034), sales are expected to register a robust CAGR of 10.29%. This growth is primarily driven by the rising demand for light commercial vehicles …
Monthly Archives: November 2024
Accelerating Growth: India’s Automotive Stamping Industry on the Rise | FMI Reports
The automotive stamping industry in India is projected to achieve a market value of USD 5,109.3 million in 2024. By 2034, the industry is anticipated to reach USD 9,416 million, registering a robust CAGR of 6.3% over the forecast period (2024–2034). With revenue of USD 4,823.1 million in 2023, the industry is expected to showcase …
Soaring to New Heights: The Growth of the Flight Tracking System Industry | FMI Reports
The global flight tracking system industry is projected to grow at a steady CAGR of 5.5% over the forecast period. Valued at USD 456.6 million in 2023, the market is anticipated to reach a valuation of USD 780.0 million by 2032. The flight tracking system industry is experiencing significant growth, driven by rising demand for …
Bread Improvers Market: Trends and Business Forecast from 2024 to 2034
The global Bread Improvers Market is projected to reach USD 5,077.2 million by 2024, experiencing steady growth from previous years. This market growth is largely driven by increasing consumer preferences for healthier, high-quality baked goods, and a demand for efficient baking solutions. The industry is expected to expand further, with a compound annual growth rate (CAGR) of 6.5% from 2019 to …
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Fishmeal & Fish Oil Market to Grow at 5.8% CAGR, Reaching New Heights by 2034
The global fishmeal and fish oil market is estimated at USD 7.8 billion by the year 2024 and is projected to reach USD 13.8 billion by 2034, with sales growing at a robust CAGR of 5.8% during the forecast period. In response to increasing demand, many manufacturers in the fishmeal and fish oil industry are focusing on expanding production …
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Pulse Ingredients Market to Reach USD 27 Billion by 2032, Driving Flavor Innovations
The pulse ingredients market refers to the industry that deals with the production, processing, and distribution of pulse-based ingredients. Pulses are edible seeds of leguminous crops, such as lentils, chickpeas, peas, and beans. They are rich in protein, fiber, vitamins, and minerals, making them a valuable source of nutrition. Pulses are edible seeds derived from plants belonging …
Microencapsulation Market to Witness 8.4% CAGR Growth from 2024 to 2034
The global microencapsulation market is experiencing significant growth and is projected to reach a remarkable value of USD 8,421.4 million by the end of 2024. This market is expected to further expand at a robust compound annual growth rate (CAGR) of 8.4%, exceeding USD 18,865.9 million by 2034. Microencapsulation is a process that involves enclosing active ingredients in a protective coating to …
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Thioglycolate Market on the Rise: Valued at USD 364.3 Million by 2034
The Thioglycolate market is estimated to be valued at USD 152.7 million in 2024. The market is anticipated to reach USD 364.3 million by 2034. Players in the industry witness a rise in demand for thioglycolates at a CAGR of 10% from 2024 to 2034. The increasing popularity of personalized beauty solutions is driving a surge in demand for thioglycolates, key …
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Functional Protein Market Forecast: USD 10.52 Billion by 2034 with 4% CAGR Growth
The Functional Protein Market size is poised to cross US$ 7,255.2 million in 2024 and is likely to attain a valuation of US$ 10,518.4 million by 2034. The functional protein market share is projected to develop at a CAGR of 4% from 2024 to 2034. Adopting subscription-based models is a strategic move for companies in the functional protein market to ensure a steady and …
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Feed Pigment Market to Grow at 6.6% CAGR, Reaching USD 2.9 Billion by 2034
The total feed pigment market is a vibrant landscape poised for significant growth, with a projected value of USD 2.9 billion by 2034, translating to a compelling CAGR of 6.6%. This surge is driven by a confluence of factors, making it a prime target for B2B investors seeking lucrative opportunities in the health and wellness sector. The …
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