The ketchup concentrates market is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 532 million in 2023. The steady growth of the ketchup concentrates industry is projected to be driven by factors like the availability of multiple …
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Anticipated 5.2% Compound Annual Growth Rate (CAGR) for the Instant Cereals Market from 2022 to 2032
Expanding from US$ 28,945 Million in 2022 to US$ 43,996.4 Million by 2032, the worldwide instant cereals Market is supposed to show a CAGR of 5.2% during the figure time of 2022-2032. The CAGR was assessed at 4% in 2016-21. Instant cereals is a new category of food that consists of dried flakes and powders. They are …
Selenium Yeast Market Forecasts a 3.7% CAGR Between 2022 and 2032, Projecting a Valuation of US$ 375.9 Million by 2032
The global selenium yeast market is set to witness growth at a CAGR of 3.7% and top a valuation of US$ 375.9 Million by 2032, as per Future Market Insights (FMI). Selenium as an important trace element is required to maintain good health and a balanced nutrient profile. Selenium yeast is an essential compound product containing selenoproteins which is required by …
Electric Vehicle Battery Market Surges with an 8.5% CAGR, Envisioned to Reach US$ 21.26 Billion in Revenue by 2033
The electric vehicle battery market is forecast to experience a growth of 8.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 9,402.3 million in 2023. The increasing transition toward electric vehicles (EVs) is expected to propel accelerated battery demand in leading automobile …
Electric Vehicle Reducer Market Accelerating at 26.6% CAGR, Poised to Reach US$ 20,884.9 Million by 2033
The Electric Vehicle Reducer Market is expected to increase at a CAGR of 26.6% during the forecast period. The market size is anticipated to rise from US$ 1,974.7 Million in 2023 to US$ 20,884.9 Million by 2033. The main driver fuelling market expansion is the expansion of the electric car industry. Electric vehicles outperform conventional …
Electric Cargo Bike Market Projected Valuation of US$ 6.2 Billion by 2033, Fueled by Cost-Effectiveness and Eco-Friendly Trends
The global electric cargo bike market is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 6.2 billion by 2033, expected to rise at a CAGR of 11.4% during the forecast period. The rise of e-commerce has sparked an increased need for last-mile delivery services, a demand …
Electric Vehicle Motor Market Worth US$ 18.09 Billion by 2032 with a Strong 8.5% CAGR
The global electric vehicle motor market is worth US$ 8.68 Billion as of now and expected to reach US$ 18.09 Billion by the year 2032 at a CAGR of 8.5% between 2022 and 2032. Electric vehicles are being increasingly asked for due to strict government regulations regarding carbon emissions. As per the European Climate Foundation, …
Global Electric Vehicle Battery Housing Market Set to Reach US$ 24,219.1 Million by 2033
According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033. Consumer acceptance of electric …
Ophthalmic Lasers Market Envisions a US$ 1.3 Billion Horizon by 2030-FMI Study
The Ophthalmic Lasers Market has been witnessing remarkable growth in recent years, driven by advancements in laser technology and increasing prevalence of eye disorders. Ophthalmic lasers play a crucial role in the diagnosis and treatment of various ocular conditions, ranging from refractive errors to more complex retinal disorders. With the rising aging population and a growing number …
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GCC Medical Gloves Market Ascending Heights, Envisioning a Notable $340.3 Million Milestone by 2031-FMI Study
A recent study by Future Market Insights (FMI) estimates that the in the GCC medical gloves market will reach US$145 Milllion in 2020. Sales are forecast to grow at a healthy 7.9% CAGR, and by 2031, the market will be worth US$ 340.3 Million. The modernization of lifestyles in the GCC has led to an increase …