Revenues generated in the ground support segment of the North America underground mining vehicle market grew by 4.4% CAGR in 2021. Demand for production equipment segment increased by 3.9% between 2020 and 2021, registering year-on-year growth (YoY) of 4.2% in 2021, according to the Future Market Insights’ (FMI’s) report titled: Underground Mining Vehicle Market-North America Industry Analysis, …
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Automotive Body in White Market : Key Players, Growth, Analysis, by 2031
As per a Future Market Insight (FMI) analysis, the automotive body in white demand is expected to rise at a year-on-year (YoY) growth of 3.1%, reaching US$ 59.7 billion in 2021. The increasing demand for passenger vehicles will drive the automotive body in white sales at 3.4% CAGR over the forecast period from 2021 to 2031. Automotive body in white …
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Cat Food Market Set for Rapid Expansion and Size Is Projected To Total US$ 65.21 Bn By 2031
Future Market Insights, Dubai: As per Future Market insights (FMI), the global market for cat food is anticipated to surpass a valuation of US$ 65.2 Bn by 2031 in comparison to the valuation of US$ 40.78 Bn registered in 2021, expanding at a CAGR of 4.8% over the forecast period 2021-2031. The cat adoption rate is phenomenally increasing, especially on account of increasing pet humanization trends coupled with …
Caramel Food Colors Market 2022 Growth, COVID Impact, Trends Analysis and Growing at a CAGR of 9.5% for 2021-31.
As per Future Market insights (FMI), the global market for caramel food colors is anticipated to surpass a valuation of US$ 409 Mn by 2031 in comparison to the valuation of US$ 165.2 Mn registered in 2021. The market has been forecast to exhibit a CAGR of 9.5% over the forecast period 2021-2031. Growing preference for foods that are not …
Vegan Dog Food Market: Industry Size & Share, Segmentation, Growth Opportunities, Regional Analysis by 2022-2031
The global vegan dog food market is primarily driven by the increasing demographics for vegan population. The growing opportunity for vegan dog food due to rising pet ownership, along with increasing demand for healthy pet food products will spur the overall market growth around the world. According to a new report by Future Market Insights (FMI), the …
Demand For Microalgae In Animal Feeds Sector Market 2022| exhibiting a CAGR of 3.5% by 2031
As per a latest Future Market Insights (FMI) analysis, the demand for microalgae in animal feed sector will top US$ 57.5 Mn in 2021. The overall market is forecast to expand at 3.5% CAGR between 2021 and 2031, reaching a valuation of US$ 80.9 Mn by 2031 end. Growing population, rising demand for animal products, and increasing adoption of pets are some of …
Vegan Cat Food Market: Regional Outlook, Trends, Key Companies Profile, 7.2% CAGR and Forecast to 2027
Growing demand for plant-based and nutrient-rich pet food is boosting sales of vegan cat food. As per ESOMAR-certified consulting firm Future Market Insights (FMI) the global vegan cat food market is anticipated to surpass US$ 10,560.40 Mn in 2021. Increasing concerns regarding pet health are propelling demand for meat-free pet food alternatives. This trend is encouraging pet food producers …
Microalgae Personal Care And Cosmetics Sector Market Covering Gross Margin, Market Share at 4.2% CAGR by 2022-2031
The demand for microalgae in personal care and cosmetics market will soar with worldwide revenues up by 4.0% in 2021. Future Market Insights (FMI) estimates that the revenue generated from microalgae demand will grow by 1.5X of current market valuation between 2021 and 2031, reaching nearly US$ 76.50 Mn in 2031. Over the course of the forecast period, the market is expected to …
Microalgae Food And Beverage Sector Market rising at a CAGR of 2.9% for 2022-2031
The demand for ingredients derived from natural sources will increase, creating opportunities for increasing microalgae applications in the food sector. As per a study by Future Market Insights (FMI), the demand for microalgae in the food and beverages sector will total US$ US$132.5 Mn by 2031, expanding at a 2.9% CAGR between 2021 and 2031. Demand will be sustained …
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Microalgae Pet Food Sector Market Dynamic Innovation 2022-2031: Business Insights and Forecast Analysis Report
According to market survey conducted by FMI, the demand outlook for microalgae in the pet food sector is estimated to remain fairly positive, surpassing a valuation of US$ 22.2 Mn, with a year-on-year growth of 7% in 2021. The overall demand for microalgae is anticipated to surpass a valuation of US$ 35 million by 2031. Between 2016 and 2020, the …