The life science software market is predicted to develop at an impressive 7.5% CAGR from 2023 to 2033, preceding the lower 6.4% CAGR witnessed between 2018 and 2022. This significant rise shows the demand for life science software, increasing the market value from USD 13,736 million in 2023 to USD 31,151.8 million by 2033 Life science software includes tools for the …
Category Archives: Chemical Insights
Revolutionizing Manufacturing Efficiency: Electronic Batch Records Market to Surge at 12.8% CAGR, Reaching USD 8,786.4 Million by 2033
The global market for electronic batch records is expected to reach a valuation of USD 2,627.0 million by the year 2023. A estimated USD 8,786.4 million market value is reached by the end of 2033. The market is expected to expand at a noteworthy pace of 12.8% CAGR between 2023 and 2033. Pharmaceutical companies place a …
Crowdsourced Testing Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
According to a recent market analysis report by Future Market Insights, the crowdsourced testing market is experiencing rapid growth, with global sales estimated to reach USD 2.90 billion in 2023. Projections indicate a strong CAGR of 9.3% from 2023 to 2033, suggesting that the market is poised to achieve a remarkable valuation of USD 7.09 billion …
Sanitary Food & Beverage Packaging Industry Poised for Growth, Projected to Reach USD 52.55 Billion by 2033
The global sanitary food and beverage packaging industry is projected to experience substantial growth, reaching an estimated USD 40.72 billion in 2023 and surpassing USD 52.55 billion by 2033. This growth is expected to occur at a compound annual growth rate (CAGR) of 2.6% during the forecast period from 2023 to 2033, according to a …
Rigid Food Containers Industry on Track for Strong Growth Driven by Demand for Convenient and Sustainable Packaging
The global rigid food containers industry is expected to grow steadily from an estimated USD 179.8 billion in 2024 to USD 217.2 billion by 2034, driven by increasing demand for packaged, ready-to-eat, and disposable food packaging solutions. Over the next decade, the market is projected to expand at a compound annual growth rate (CAGR) of …
Global Glass Bottles Industry Positioned for Expansion: Trends, Growth Drivers, and Future Outlook
The global glass bottles industry is on track for significant growth, with a projected increase from USD 40.2 billion in 2023 to USD 70.2 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, according to the latest insights from Future Market Insights (FMI). The rising awareness …
Packaging Barrier Film Industry Poised for Robust Growth: Key Trends and Projections for the Coming Decade
Packaging Barrier Film Market The global packaging barrier film industry is projected to reach a value of USD 18.8 billion in 2024, with steady growth anticipated over the next decade. From 2024 to 2034, the industry is expected to expand at a consistent compound annual growth rate (CAGR) of 2.7%, culminating in an industry value …
Laminated Tubes Industry Poised for Steady Growth, Projected to Reach USD 2.1 Billion by 2033
The global laminated tubes industry is on track to achieve a valuation of USD 1.12 billion in 2023, with forecasts indicating a steady growth trajectory. From 2023 to 2033, the industry is set to grow at a consistent compound annual growth rate (CAGR) of 6.3%, which will propel the industry to a projected worth of …
Cover Caps Industry to Witness Significant Growth with Rising Applications in Food and Beverage Packaging
According to recent research by Future Market Insights, the global cover caps industry is set for steady growth over the next decade. Valued at USD 97.02 billion in 2022, the market is projected to expand at a Compound Annual Growth Rate (CAGR) of 5%, reaching USD 158.04 billion by 2032. Cover caps, essential components used …
Hinged Dispensing Caps Industry: Innovation and Convenience Drive Consumer Preference for Smart Packaging Solutions
According to recent research by Future Market Insights, the global hinged dispensing caps industry is projected to grow significantly over the next decade. The market, valued at USD 100 billion in 2022, is expected to expand at a Compound Annual Growth Rate (CAGR) of 5.2%, reaching an estimated USD 166.02 billion by 2032. The hinged …