New Product Development
It is anticipated that between 2022 and 2032, the global synbiotics market would grow at a healthy CAGR of between 7% and 9%, reaching a value of about US$ 1.86 billion. Due to the increasing use of synbiotics in a variety of industries, including food and beverage, medicines, and animal feed, as well as their …
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The zinc methionine chelates market was valued at USD 13.6 million in 2022 and is anticipated to rise at a CAGR of 6.8% over the course of the forecast period to reach USD 26.2 million by 2032. According to recently released market analysis data from Future Market Insights, the demand for zinc methionine chelates is …
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The silicon fertiliser market is anticipated to reach a value of US$ 114.9 million in 2022 and to expand at a CAGR of 4.1% from 2022 to 2032. With sales increasing at a CAGR of 3.1% over the projection period, liquid silicon fertilisers will hold a 63.7% share of the market. Silicon fertilizers assist to …
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The global oil mill machine market is expected to grow at a CAGR of 4.0% between 2023 and 2033. The market is expected to exceed US$ 3,716.7 Million by the end of 2033, up from US$ 2,510.8 Million in 2023. The market for oil mill machines is expanding as the demand for edible oils rises. …
According to the FMI report, the global wine processing equipment market is expected to grow from US$ 1.5 billion in 2023 to US$ 2.7 billion by 2033, with overall sales increasing at a CAGR of 6.2% over the forecast period. Rising global consumption of various types of wine, particularly red wine and sparkling wine, is …
The vacuum cooling equipment market is expected to exceed US$ 1209.4 million in 2033, growing at a CAGR of 3.2% between 2023 and 2033, according to Future Market Insights (FMI). The vacuum cooling equipment market is expected to grow in response to rising consumer demand for improved food safety, sustainability, and quality. According to FMI, …
The global aircraft ground support equipment (GSE) market is expected to grow at a CAGR of 6.5% between 2021 and 2031, reaching a market volume of around 27,000 units by the end of 2031, according to Future Market Insights (FMI), an ESOMAR-certified consulting firm. The construction of new airports, combined with increased global air traffic, …
Dredging revenues are expected to increase from $15.7 billion in 2022 to $22.3 billion by 2032. According to FMI, the market will grow at a CAGR of 3.7% during the forecast period. Growing global trade and urbanisation projects support growth, assuming that over 70% of trade by volume and 80% of trade by value is …
Bulk material handling system sales are expected to increase from 13,000 units in 2021 to more than 14,000 units by the end of 2031. According to Future Market Insights, the bulk material handling system market revenue is expected to reach $5.1 billion by 2021. (FMI). The market will grow by 2.10 percent per year in …
In 2022, the global transformer monitoring system market is expected to be valued at $2,785.2 million. From 2022 to 2032, it is expected to grow at an 8.9% CAGR, reaching a valuation of US$ 6,539.2 Million by the end of 2032. The transformer monitoring system is a process-oriented system that measures quantities such as voltage …