New Product Development
During the projection period, the gin market is expected to expand at a moderate CAGR of 3.5%. By 2033, the global industry is projected to have grown from a value of US$ 23 billion to US$ 28.27 billion. The increase in the consumption of alcohol among women has also fueled the growth of the alcohol …
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The global sodium reduction ingredients market is growing rapidly and is expected to achieve a significant market value of USD 9,665.4 Mn in the forecast period of 2022 to 2032, with a CAGR of 5.8%. The market is expected to have a market value of USD 5,500 Mn in 2022. Key Takeaway: Mineral salts are …
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According to Future Market Insights (FMI), the plastic liners market is expected to total US$ 7.2 Bn in 2032, expanding at a 4.8% CAGR during the forecast period (2022-2032). Plastic liners are the flexible packaging solution that are used for transporting bulk products from one destination to other. The plastic liners are used for protecting the bulk products from external natural elements. …
According to Future Market Insights’ research, the citrus flavours market will grow globally at a CAGR of 4.9% during the projection period. The industry is expected to be worth US$19.4 billion by 2032. The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” …
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During the projected period of 2022–2032, the market for specimen transport bags is anticipated to grow at a CAGR of 9.8%, rising from US$ 244.7 Million in 2022 to US$ 623.24 Million by 2032. The market for specimen transport bags is likely to have encouraging growth potential during the predicted period of 2022–2032. This Specimen Transport Bags …
The beta-glucan market is predicted to be worth USD 1,200 million in 2021 and USD 2,108.8 million in 2032, with a CAGR (compound annual growth rate) of 5.8% over the course of the assessment period. The US beta-glucan market is expected to grow in the coming years due to the increasing demand for beta-glucan supplements …
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As a result, the insulated styrofoam shipping boxes market is expected to develop at a CAGR of roughly 9% between 2021 and 2031. With the rising customers purchasing unique, perishable, and delicate products through digital platforms, it becomes a necessity for the transporting team to deliver the product in its original form by maintaining the …
The Toy packaging market must be safe, appealing, and simple to open, and it must include correct labelling and be child-resistant. Growth of the toys packaging market is projected to increase with increasing sales of toys. According to Future Market Insights (FMI), the toy packaging market is slated to grow at 4.9% CAGR between 2022 and 2032, surpassing US$ …
The wooden & plywood packaging market is expected to grow at a CAGR of 4.57% during the forecast period, from US$ 17.5 billion in 2021 to US$ 28.5 billion by 2032. As a result of increased rivalry, the wooden & plywood packaging market is expected to display excellent growth possibilities throughout the forecast period. To meet the …
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The size of the global PET dome lids market is anticipated to increase at a CAGR of 7.5% from 2022 to 2032, reaching US$ 18.2 billion. In 2022, its estimated worth will be US$ 13.4 billion. The ability to prevent spillage and maintain the quality of food and beverages is expected to drive demand for PET …