New Product Development
The wine subscription market revenues were estimated at US$ 596.5 million in 2023 and are anticipated to surge at a CAGR of 20.7% from 2023 to 2033, according to a recently published report by Future Market Insights (FMI). The Wine Subscription Market is expanding rapidly as consumers want more convenient and personalised wine experiences. With an increase in wine enthusiasts and a shift …
Continue reading “Wine Subscription Market Predicted to Exceed US$ 3.9 Billion by 2033”
In 2022, the worldwide organic feed market is anticipated to be worth US$7.2 billion. Demand is expected to grow at a 7.7% CAGR throughout the projected period, reaching a worth of US$ 14.3 billion by 2032. In 2022, the organic feed market is estimated to account for 10% of the global animal feed market. In …
Continue reading “Organic Feed Market Projected to Surpass US$ 14.3 Billion by 2032”
In a recent ground-breaking study conducted by Future Market Insights (FMI), the Herbal Medicinal Products Industry is on the cusp of remarkable growth, projected to attain a valuation of US$ 199.07 billion by the year 2023. Even more astonishing, global herbal medicine sales are expected to surge to an impressive US$ 417.99 billion by 2033, …
The Global Biopharmaceutical Contract Manufacturing Industry, valued at approximately US$ 9.3 billion in 2022, is set to experience robust growth at a Compound Annual Growth Rate (CAGR) of 10.5%. It is expected to reach a staggering US$ 18.7 billion by 2029. This meteoric rise reflects the growing trend among pharmaceutical companies to outsource their biopharmaceutical …
Hot sauce powder is an orange/red powder that is prepared using aged red peppers. The peppers used provide a rich, favorable, and red hot sauce powder. The hot sauce powder can be used in sauces, glazes, dry mixes, topical applications, coatings, seasoning blends, etc. The Hot Sauce Powder Market is expanding rapidly as spicy flavours continue …
The global soy-based food market is set to witness growth at a CAGR of 5.8% over the forecast period (2022-2032) and top a valuation of USD 27.1 Bn by 2032. Nutritious value and versatility of ingestible forms act as growth levers for the global soy-based food market. As consumers move towards health-conscious diets, soy food products present an ideal alternative for dairy, meat, …
Continue reading “Soy-based Food Market Projected to Attain US$ 27.1 Billion by 2032”
The Small Molecule API Industry is poised for impressive growth in the coming decade, with a projected Compound Annual Growth Rate (CAGR) of 5% between 2022 and 2032. According to the latest industry report, the market is expected to reach an estimated US$ 216.97 billion by the end of the forecast period. In a pharmaceutical …
In the United States, notable beverage brands like Coca-Cola and the World-Wide Fund for Nature (WWF) have taken proactive steps to address stormwater management. They’ve organized rain barrel workshops, with Coca-Cola contributing over 36,000 barrels, resulting in the collection of more than 303 million liters of water to date. While some U.S. states, like California …
The global monoprotein market share is set to witness growth at a CAGR of 3.0% and top a valuation of US$ 4.3 Bn by 2032. Demand for monoprotein is likely to increase as pet owners need to deal with pet’s intolerance to a particular type of food protein, it is difficult to get away from the undesired components for customers. Monoprotein sales …
The demand for bulk bags is on the rise due to several key factors across various industries. One significant driver is the need for safe transportation of industrial chemicals and mining products in bulk. Bulk bags, including antistatic bags and cross-corner bags, offer a secure and efficient way to handle and transport such materials, ensuring safety and …
