The APAC automotive telematics market is expected to be worth US$ 93.9 billion in 2023, rising to US$ 414.5 billion by 2033. From 2023 to 2033, APAC automotive telematics sales are predicted to expand at a 16% CAGR. Manufacturers are adopting cutting-edge technology as a means of leveraging the automotive sector in Japan to access …
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Dual-Clutch Transmission Market Set to Surge at a CAGR of 9.8%, Expected to Reach US$ 52.1 Billion by 2033
The dual-clutch transmission market is likely to thrive at a CAGR of 9.8% during the forecast period. The market is anticipated to cross a market share of US$ 52.1 billion by 2033, while it holds a revenue of US$ 20.4 billion in 2023. It is well known that dual-clutch gearbox systems significantly enhance the driving experience, which …
Cultures Market: Unlocking Infinite Potential for Cross-Cultural Engagement with Expected 4.3% CAGR by 2032
As per the report by Future Market Insights (FMI), the global cultures market is expected to witness moderate growth, registering a CAGR of 4.3% during the forecast period 2022 to 2032. By the end of 2032, the global Cultures Market generated sales of nearly USD USD 2.1 billion. Advanced technologies are used by companies for the production …
Lactose-Free Dairy Products Market Expected to Reach USD 23.1 Billion by 2032 | Future Market Insights, Inc.
By 2032, the lactose free dairy products market is predicted to be worth USD 23.1 Billion, growing at a CAGR of 5.5% between 2022 and 2032. Lactose intolerance is a common and debilitating illness that affects an estimated 75% of people worldwide. As a result, consumers avoid dairy products since lactose is difficult for them to digest. Lactose …
Future Market Insights Inc. Forecasts Pulse Flours Market to Reach a Valuation of US$ 38.0 Billion by 2033
The pulse flours market is expected to be valued at US$ 19.3 billion in 2023, registering a CAGR of 7.0% to US$ 38.0 billion by 2033. Due to features such as minimal fat, high fiber content, and low glycemic index, the demand for pulse flours is predicted to rise in the near future. Increasing Adoption of Gluten-free …
Anticipated 9.0% CAGR in the Frozen Ready Meals Market from 2023 to 2033, as Forecasted by Future Market Insights Inc.
According to Future Market Insights (FMI), the worldwide frozen ready meals market is valued at US$ 51.5 billion in 2023 and is anticipated to reach US$ 122.4 billion by 2033. Total frozen ready-meal sales are likely to accelerate at a robust CAGR of 9.0% from 2023 to 2033. Growing preference towards convenience and ready-to-eat food products worldwide is a key factor driving the global …
Soy Protein Isolate Market Expected to Achieve US$ 4,152.2 Million by 2033, with a Projected 3% CAGR, According to FMI
The market for soy protein isolate was predicted to reach US$ 2,987 million in 2022. The market is anticipated to reach US$ 4,152.2 million, growing at a CAGR of 3% from 2023 to 2033 due to shifting customer preferences toward natural food proteins. Animal welfare is one of the key elements determining consumer preference for soy protein …
Forecast Indicates Continued Expansion in Feed Phytogenic Market: Expected 3.5% Annual Growth to Drive Revenue Until 2033, According to Future Market Insights, Inc.
The feed phytogenic market is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period. The feed phytogenic industry is an emerging segment of the animal feed industry, which …
Soaring Need and Varied Utilizations Drive Lipase Market to Surpass US$ 1,631.2 Million by 2033 | Future Market Insights, Inc.
The lipase market is predicted to develop at an impressive 10.3% CAGR from 2023 to 2033, exceeding the lower 3.4% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the Lipase market, increasing the market value from US$ 612.6 million in 2023 to US$ 1631.2 million by 2033. The digestive tract’s …
Anticipated Surge in Organic Oats Market: Expected to Attain a Valuation of US$ 520.5 Million by 2033, According to Future Market Insights, Inc.
The organic oats market is predicted to double in value from US$ 281.0 million in 2023 to US$ 520.5 million by 2033, with a 6.4% CAGR. As more people demand healthy food products, there is a great growth opportunity in the market. But there are many challenges in organic oats market as organic oats are typically more …