The managed blockchain services market size is likely to thrive at a CAGR of 11.8% during the forecast period (2022-2032). The market is anticipated to cross a market share of US$ 6,764.2 million by 2032 while it holds a value of US$ 2,210.6 million in 2022. The increased adoption of components of Industries 4.0 along with the …
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Packaged Bread Market Set to Rise to US$ 4,180.8 Million by 2033
According to new data from Future industry Insights (FMI), the packaged bread industry is anticipated to be worth US$ 2,535 million in 2023. The market is expected to grow at a 5% CAGR over the projected period, reaching US$ 4,180.8 million by 2033. Bread packaging has changed in response to consumer desire for more shelf-stable foods that do not require harsh …
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Microbial Lipase Market to Flourish, Forecasted to Attain US$ 990.2 Million by 2032
In 2022, the microbial lipase market is anticipated to reach US$ 535.0 million. In terms of value, it is anticipated to increase at a CAGR of 6.8% from 2022 to 2032, reaching US$ 990.2 Million. Lipases are very versatile microbial enzymes that have piqued the interest of many industrial processes. Lipases can be derived from a variety of sources, including fungi, …
Fishmeal & Fish Oil Market Surges to US$ 13.0 Billion by 2033
The Fishmeal & Fish Oil Market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%. As a result of increased by-product utilisation and a growing aquaculture industry, production of …
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Geomarketing Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032
The global geomarketing market is expected to grow from USD 11,979.6 million in 2022 to USD 82,840.8 million by 2032. The market is expected to increase at a CAGR of 21.3% over the forecast period due to rising demand. Geomarketing adoption is primarily driven by the following factors: increasing demand for area-based insights to improve business …
Observability Platform Market Grows at 8.2% CAGR, Reaching $5,553.2 Million by 2032
The adoption of observability platform is expected to register at a CAGR of 8.2% over the forecast period. The observability platform market size is anticipated to rise from US$ 2,173.7 Mn in 2022 to US$ 5,553.2 Mn by 2032. The observability platform market is expected to grow at an astounding rate in the coming years. The increasing …
Microencapsulation Market to Flourish, Projected to Reach US$ 10.3 Billion by 2032
The market for microencapsulation is anticipated to be worth US$ 6.5 billion in 2022 and grow to US$ 10.3 billion by 2032 at a CAGR of 8.2%. Microencapsulation is becoming more common as the demand for functionally improved foods and pharmaceuticals grows. To boost the nutritional content of foods, microencapsulated flavours, vitamins, minerals, essential oils, and other additives can be added. Microencapsulation …
Design Collaboration Software Market Grows at 14.8% CAGR | 2032 Market Projection
The market for design collaboration software market is anticipated to grow significantly between 2022 and 2032, with a CAGR of 14.8%. By 2032, the market is projected to have a market share of 10.09 billion dollars, up from its 2022 value of US$ 2.54 billion. Learning new technology and the idea of team building through collaborative software …
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N-Methyl Pyrrolidone (NMP) Market Envisions Striking Growth, Expected to Reach US$ 1,536.4 Million by 2033
The global N-Methyl Pyrrolidone (NMP) Market Size is forecast to expand at 4.6% CAGR over the forecast period, as per FMI’s analysis. The industry’s size is predicted to surge from US$ 979.9 million in 2023 to US$ 1,536.4 million by 2033. The rapid expansion of the petrochemical sector is expected to drive NMP demand during the next ten years. Furthermore, it is expected that the …
Cat Food Market Poised for Purr-fect Growth, Projected to Achieve US$ 60,951.4 Million by 2033
The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033. The astonishing rise in cat adoption rates can be attributed mostly to the growing millennial …