New Product Development
Future Market Insights (FMI) sees impressive prospects for automotive aftermarket in APEJ. It has forecast the market to US$ 254.5 Bn by the end of 2031. Auto-components are subjected to abrasions and wear-outs by end use. Hence the need of repair and replacement of automotive components in existing vehicles has created an aftermarket system, consisting of multiple vendors …
Continue reading “APEJ Automotive Aftermarket is set to exhibit 7.1% CAGR between 2021 and 2031”
ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global APAC automotive telematics market for the forecast period 2021-2031. According to the report, the market is expected to post impressive gains, expanding at a CAGR of over 9% throughout the forecast period. Increasing production of passenger and commercial vehicles are spurring demand. While the …
Technological advancements in the field of molecular biology and gene sequencing are allowing researchers and scientists to develop new probiotic formulas that are tailored to consumer requirements. The global probiotic supplements market is projected to register a CAGR of 15% during the forecast period (2019-2027). Manufacturers are focusing on product differentiation on the basis of functional properties, …
Human milk oligosaccharides (HMO) helps in maintaining infant’s gut microbiota as well as promotes the growth of healthy bacteria and reduce pathogens, preventing infections and others bacterial risks. In recent past, sales of infant nutrition products have increased to a significant extent owing to the continuously rising infant population across the globe. According to WHO, …
Significant health benefits and rapid adoption as a key ingredient for preparing infant formula, adult dietary and nutritional products is fueling the demand for essential fatty acids such as omega-3 and 6 across the globe. A recent study conducted by Future Market Insights (FMI) has revealed that the global market for essential fatty acids is set to witness an …
Surpassing global market revenues of US$ 850 Mn in 2019, sales of floral flavours will see momentous growth over the course of following years. During 2019 – 2027, global floral flavour market is poised for a CAGR of over 7%, as projected by a new Future Market Insights (FMI) study. Consumers are showing interest in unconventional and authentic …
Key excerpts from Future Market Insights’ latest report on the global coconut flour market projects that by the end of 2026, around 850.8 Thousand Tonnes of coconut flour is expected to be consumed across the globe. Increasing awareness amongst consumers about health benefits of coconut flour is expected to fuel its demand over the next couple of …
Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are …
Consumer awareness is on the rise regarding the consumption of IQF vegetables through various food applications. Most regions are witnessing a surge in demand due to the nutritional benefits of IQF vegetables. According to a new report by Future Market Insights (FMI) the IQF vegetables market is set to display a moderate CAGR of 4.5%, reaching a …
In a recent study, Future Market Insights (FMI) offers a perspective on the growth trajectory of dietary fibres market for the period between 2022 and 2032. As per the report, global consumption volume of dietary fibres reached 1.8 metric tons in 2021, equaling revenues worth ~US$ 8.47 Bn. Gains will remain driven by increasing consumer awareness regarding …