New Product Development
The size of the worldwide EV powertrain market demand which is estimated at US$ 10,470.6 million in 2022, is anticipated to register a CAGR of 24% from 2023 to 2033. By following this impressive growth rate the total valuation is anticipated to reach US$ 112,036 million by the end of 2033. Key Takeaways Owing to …
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The market for food waste shredders is anticipated to expand at a CAGR of 6.2%. According to a recent analysis by Future Market Insights, the market for food waste shredders is anticipated to grow from US$ 13,800 million in 2023 to US$ 25,184 million by the end of 2033. Stricter rules, as well as incentives, …
The global ham slicer market size is anticipated to grow from US$ 555.6 Million in 2023 to US$ 1,062.7 Million by 2033, with overall sales accelerating at 6.7% CAGR throughout the forecast period.Increasing consumption of meat products, rapid expansion of fast food industry, and rising usage of ham slicers across meat processing industry are some of the key factors driving the global …
The market for pea protein ingredients is anticipated to be worth US$ 1.6 billion in 2023 and US$ 3.4 billion by 2033. During the predicted period, pea protein ingredient sales expand at a CAGR of 7.9%. Increasing demand for pea protein ingredients for bakery & snacks, beverages, and other food products will increase the sales in the …
The Specialty Carbohydrates market is witnessing a remarkable surge in recent years, driven by evolving consumer preferences towards healthier food choices. These specialized carbohydrates, such as prebiotics, resistant starch, and dietary fibers, offer unique benefits like gut health improvement and blood sugar management. The growing awareness of their positive impact on digestive health has prompted …
The Europe Duckweed Protein market has witnessed significant growth in recent years, driven by the rising demand for plant-based protein alternatives. Duckweed, a tiny aquatic plant, is gaining popularity as a sustainable and highly nutritious source of protein. Its high protein content, coupled with essential amino acids, vitamins, and minerals, makes it an attractive choice …
The wine market refers to the global industry involved in the production, distribution, and consumption of wine. Wine has been enjoyed by people for centuries and is produced in various regions around the world, with notable wine-producing countries including France, Italy, Spain, the United States, Australia, and Argentina. The wine market is influenced by a …
The vegetable carbon market is predicted to expand at 10% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 8 million in 2023. The charcoal-infused food trend that started back in the historical analysis period, has now taken over restaurant owners, foodies, and Instagram users, by storm. Vegetable carbon …
Insect-based pet food is revolutionizing the pet industry, offering a sustainable and nutritious alternative to traditional animal proteins. As more pet owners seek eco-friendly options, this market is experiencing exponential growth. Insects like crickets, mealworms, and black soldier flies are rich in essential nutrients like protein, omega-3 fatty acids, and vitamins, making them ideal for …
The Spirulina Extracts market has witnessed remarkable growth in recent years, driven by the increasing demand for natural and sustainable nutritional products. Spirulina, a nutrient-rich blue-green algae, boasts an array of health benefits, including its high protein content, antioxidants, vitamins, and minerals. As consumers gravitate towards plant-based diets and eco-friendly alternatives, spirulina has emerged as …
