The solenoid valve market is forecast to expand at 4.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 4.5 billion in 2023. Strict regulations in the food and beverage and medical industries, especially in developed countries, are propelling the demand for solenoid valves in their production process. Additionally, …
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Green Tire Market to Accelerate at 9.8% CAGR, Expected to Achieve Revenue of US$ 85.79 Billion by 2033
The green tire market is forecasted to garner revenue of US$ 85.79 billion by 2033, up from US$ 33.68 billion in 2023, advancing at a rate of 9.8% from 2023 to 2033. The green tire market is experiencing significant growth and transformation as sustainability becomes a prominent trend in the automotive industry. With a focus …
Automotive Emergency Braking System Market Set to Surge with a Remarkable 14.8% CAGR by 2033
The global automotive emergency braking system market is anticipated to be valued at an estimated US$ 165093.4 million in 2033, with sales growing at a prolific CAGR of 14.8% from 2023 to 2033. The market will likely reach a valuation of US$ 41525.1 million in 2023; shaped by the rising number of traffic accidents and …
Crafting Ascendancy: The Remarkable Surge of the US$ 6.7 Trillion Ring Rolling Realm by 2033
According to Future Market Insights (FMI), the global ring rolling products market value is estimated to reach US$ 4,146.7 million in 2023. Over the next ten years (2023 to 2033), global sales of ring-rolling products are anticipated to rise at 4.9% CAGR, taking the total market valuation to US$ 6,716.2 million by 2033. Growing demand for ring rolling products in a wide range …
Unveiling the Expanding Raising Agents Market Globally, Fueled by Bakery Item Preferences and Convenience Food Trends,
The raising agents market refers to the industry involved in the production and distribution of substances used to help dough and batter rise during baking. Raising agents play a crucial role in the baking process by releasing gases that create air pockets, resulting in a lighter and fluffier texture in baked goods. Over the years, the increased …
The Chickpea Flour Market’s Projected Reach of US$ 6.70 Billion by 2032, Fueled by a 4.8% CAGR, Driven by Nutritional Superiority
According to market study by Future Market Insights (FMI), chickpea flour market would reach around USD 6.70 billion at 4.8% CAGR in 2032. Chickpea flour works well in both savoury and sweet recipes because of its high nutritional content and mild flavour. In addition, the manufacturers of chickpea flour are investing in the creation of new goods …
Spirulina Powder Market Set to Reach US$ 777.18 Million by 2033 Driven by Surging Demand for Nutritious Plant-Based Supplements
The spirulina powder market valuation is US$ 472.67 million in 2023. As the demand for nutritious plant-based supplements surges, the spirulina powder market is anticipated to hold a valuation of US$ 777.18 million by 2033. The market is expected to register a CAGR of 6.4% over the forecast period from 2023 to 2033. Spirulina, a blue-green algae that grows well in freshwater, is …
Unveiling the Global Growth Trajectory of Mango Puree, Forecasting a US$ 3,020.75 Million Market Valuation in North America by 2032, Driven by a 7.3% CAGR
The North American mango puree market is experiencing steady growth due to increasing demand for natural and healthy fruit-based products. It is projected to have a 7.3% CAGR, reaching a value of US$ 3,020.75 million by 2032, up from US$ 1,493.2 million in 2022. Mango pulp is processed into a creamy paste or liquid, usually with a …
Insoluble Dietary Fiber Market Set to Soar to US$ 5304.6 Million by 2033, Fueled by a 9.2% CAGR from its $2,200 Million Valuation
At a 9.2% compound annual growth rate (CAGR), the insoluble dietary fiber market , presently estimated at US$ 2,200 million, is projected to reach US$ 5304.6 million. The global industry engaged in the manufacture, distribution, and consumption of insoluble dietary fibres is referred to as the insoluble dietary fibre market. Dietary fibres that are insoluble are indigestible …
The Growing Demand for Malt Ingredients, Forecasted US$ 43.7 Billion Market Valuation by 2033 at a 5.4% CAGR from 2023
The demand for malt ingredients that use malt extras and ingredients in their manufacturing has led to an increase in the demand for malt extracts and ingredients. The industry is expanding due to the presence of numerous beneficial substances in drinks and desserts made with mold. In 2023, it is anticipated that the market for malt ingredients …