New Product Development
Licorice Candy Market The licorice candy market is expected to grow from US$ 279 million in 2023 to US$ 403.4 million by 2033, with a CAGR of 3.1% from 2018 to 2022. The market for licorice candies has grown due to evolving consumer tastes and preferences, focusing on nostalgic treats and innovative flavors. Manufacturers have introduced a …
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A recent study by Future Market Insights (FMI) forecasts that the global fish protein isolate industry is expected to be valued at USD 771.2 million in 2025. The industry is projected to reach valuation of USD 1,560.2 million by 2035, reflecting a CAGR of 7.3% over the forecast period. The rising health awareness among consumers is playing …
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The global market for corrugated fanfold is poised for significant growth, with an estimated market value of USD 9,556.2 million in 2024. According to industry reports, this figure is expected to rise to USD 13,916.5 million by 2034, reflecting a steady compound annual growth rate (CAGR) of 3.8% over the forecast period from 2024 to 2034. The …
The global strapping supplies market is poised for significant growth, with market size expected to increase from USD 4,739.8 million in 2023 to USD 7,692.7 million by 2033, according to recent analysis by Future Market Insights (FMI). This reflects a compound annual growth rate (CAGR) of 5.2% over the forecast period from 2023 to 2033. In 2022, …
The global digital label printing market is experiencing rapid growth, with a projected demand valued at USD 11.06 billion in 2023. This market is forecasted to expand at a compound annual growth rate (CAGR) of 5.3%, reaching USD 18.54 billion by 2033. This remarkable growth can be attributed to continuous advancements in the textile industry, …
The global box liners market is set to experience substantial growth, with a projected market value of USD 400.40 million by the end of 2023. This growth can be attributed to the ongoing advancements in seaborne transportation and the expanding global transportation industry, which have led to a surge in the demand for bulk packaging solutions, particularly …
The global chocolate wrapping films market is poised for steady growth, with a projected average CAGR of 4.5% between 2023 and 2033. By the end of the forecast period, the market is expected to reach a value of USD 1,148.6 million, up from USD 739.65 million in 2023. This growth is driven by increasing demand for innovative …
Crown Closures Market The crown closures industry is experiencing growth driven by the increasing demand for secure, tamper-evident packaging in beverage sectors, particularly for carbonated drinks, beer, and soft drinks. Crown closures, known for their reliability in sealing bottles and maintaining product freshness, continue to dominate due to their cost-effectiveness and ease of application. Future …
Egg Packaging Market The egg packaging industry is seeing steady growth driven by the increasing demand for safe, hygienic, and sustainable packaging solutions in the food industry. Traditional materials like paperboard and plastic are commonly used to package eggs, with innovations in cushioning and protective designs to prevent breakage. Future trends include a shift toward …
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The bagging equipment industry is expanding due to the growing need for automated and efficient packaging solutions across various sectors, including agriculture, food, chemicals, and pharmaceuticals. Bagging equipment, such as fill-seal machines, automatic bagging systems, and rotary baggers, streamline the packaging process, improving productivity and accuracy. Future trends include the integration of AI and robotics …
