The compact e-scooter market size accounted for about USD 626.8 Million in 2022 and is anticipated to reach USD 806.3 Million by 2032, advancing at a CAGR of 2.6% during the forecast period (2022-2032). As traffic congestion worsens in and around major cities, commuters are compelled to choose either expensive modes of transportation or homes near the workplace; the compact electric scooter is …
Author Archives: Editor AM
Crab Meat Market Crabbing a 4.7% CAGR to Reach $1.5 Billion by 2033 | FMI Study
Crab Meat Market The global crab meat market is worth US$ 879.2 as of now and expected to reach US$ 1.52 Billion by 2033 at a CAGR of 4.7% between 2023 and 2033. Versatility in culinary applications is one of the major factors driving crab meat market. Plus, intake of crab meat assures that intake of fats …
Continue reading “Crab Meat Market Crabbing a 4.7% CAGR to Reach $1.5 Billion by 2033 | FMI Study”
Amaranth Color: Natural Vibrancy Blooms with 5.3% CAGR, to Reach $109.4 Million by 2033
The global amaranth color market is projected to attain a total of US$ 55.5 million by 2023. In 2033, revenue is set to reach at a sum of US$ 109.4 million. Sales are likely to exhibit a 5.3% CAGR during the forecast period 2023 to 2033. Demand for amaranth color is increasing primarily due to its natural origin and clean label appeal. …
Sweet Success for Agave Syrup Market Poised for 6.7% CAGR, Reaching $1.1 Billion by 2033 | FMI
As per Future Market Insights (FMI), the global agave syrup market is currently valued at US$ 571.1 million in 2033 and it is expected to attain a valuation of US$ 1,092.4 million by 2033. Global sales of agave syrups are likely to soar at a healthy CAGR of 6.7% during the forecast period from 2023 to 2033. Rising usage of agave syrups in applications such as beverages, confectionery, …
Fish Roe Enzymes & Extracts Market Poised for 7.7% CAGR, Reaching $1 Billion by 2033 | FMI
The Fish roe enzyme and extract sales are estimated to reach US$ 495.0 million in 2023 and US$ 1,038.4 million in 2033, according to Future Market Insights (FMI). Over the next ten years, the demand for fish roe enzymes and extracts is expected to increase at a CAGR of 7.7%. The food and beverage, cosmetics, dietary supplement, and pharmaceutical industries all use …
Fish Muscle Protein Market Poised for Protein-Packed Growth: 9.7% CAGR to Reach $922.8 Million by 2033
The global fish muscle protein market is anticipated to reach a market valuation of US$ 366.7 million in 2023, growing at 9.7% CAGR to reach a US$ 922.8 million valuation. Fish muscle is appealing due to its high protein content (15-25% of total fish protein) due to which there is demand for Fish muscle protein in the …
Canthaxanthin Market Coloring Up: 6.9% CAGR to Reach $245.3 Million by 2033 | FMI
In 2023, the size of the global canthaxanthin market is anticipated to surpass a valuation of US$ 125.9 million. It is anticipated to expand even more between 2023 and 2033 at a CAGR of 6.9%. By the end of 2033, it’s expected to reach US$ 245.3 million. The growth of the convenience and processed food sectors is one of the …
Continue reading “Canthaxanthin Market Coloring Up: 6.9% CAGR to Reach $245.3 Million by 2033 | FMI”
Exploring the Factors Driving the Expansion of the Custom Boxes Market to US$ 74.36 Billion by 2033
The global custom boxes market is estimated to capture a valuation of US$ 48.34 billion in 2023 and reach US$ 74.36 billion by 2033. The global market is anticipated to register a CAGR of 4.4% during the forecast period. The custom boxes market has witnessed remarkable growth in recent years, fueled by several factors driving demand across various industries. With the increasing …
Sustainable Packaging Initiatives Propel Growth: Packing Tape Market Set to Reach US$ 8.4 Billion by 2034
According to the FMI analysis report, the global demand for packing tape market is expanding rapidly and is expected to witness a 4.8% CAGR from 2023 to 2033. With this growth trajectory, the overall market value could soar from US$ 22.8 billion in 2023 to an astonishing US$ 36.5 billion by 2033. Prior to this boom, the industry saw slower growth, with a CAGR …
Sustainable Materials Drive Expansion of Global Wine Packaging Market to US$ 8.4 Billion by 2034
The global wine packaging market is anticipated to expand at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2034. According to projections, the market value will rise from US$ 6.1 billion in 2024 to US$ 8.4 billion by 2034. At the end of 2021, wine packaging sales worldwide were estimated to be worth US$ 3.3 billion, a 2x increase over the …