As per Future Market Insights (FMI), the global jerry cans market is projected to witness a notable CAGR of 4.6% during the forecast period (2023 to 2033). A considerable growth in the jerry cans market is driven by increasing consumption of petroleum and lubricant products. As per the study, key players are focusing on new innovative packaging to increase …
Category Archives: Press Release
Shrimp Market Analysis in Korea: Trends, Demand, and Growth Insights
Discovering the demand and trends of shrimp in Korea is crucial for understanding market dynamics. As per the latest report by Future Market Insights (FMI), the shrimp market in Korea is witnessing notable growth driven by increasing consumer preference for seafood and culinary diversity. The report indicates that the Korean shrimp market is expected to …
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Global PE Resins Market Projected to Reach US$ 143,622.2 Million by 2023, Growing at 3.3% CAGR
The global PE resins market is forecast to expand at 3.3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,43,622.2 million in 2023. A surge in globalization has also increased the export and import activities, thus boosting PE resins consumption. Additionally, modifying consumer purchasing behavior and surging proclivity …
Global Medical Device Packaging Market to Achieve US$ 65.26 Billion by 2033, Driven by a 5.4% CAGR
The global medical device packaging market is anticipated to grow from US$ 38.57 billion in 2023 to US$ 65.26 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.4%. Rising investment in the healthcare sectors as well as increased healthcare expenditure is expected to further augment the market growth of medical device packaging during …
Centrifugal Pumps Market worth USD 60 billion by 2033
Imagine a world where fluids are efficiently moved across vast distances and challenging heights. This reality is made possible by the Centrifugal Pumps Market, a sector dedicated to manufacturing a versatile and reliable pump technology. Unlike positive displacement pumps, centrifugal pumps utilize rotating impellers to convert kinetic energy into pressure, enabling the efficient transfer of …
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Automotive Belts Market Size and Forecast: 3.9% CAGR to Reach USD 21,136.4 Million by 2033
The automotive belts market size is projected to surpass USD 14,417.0 Million in 2023 and is likely to attain a valuation of USD 21,136.4 Million by 2033. The automotive belts market size is anticipated to thrive at a CAGR of 3.9% from 2023 to 2033. Production of automobiles has increased steadily worldwide, particularly in developing economies. Automotive belts, which are crucial …
Barley Flake Market Demand to Hit USD 13 Billion by 2032 with 5.87% CAGR Growth | FMI
Global barley flake demand is anticipated to be valued at USD 7.35 Billion in 2022, forecast to grow at a CAGR of 5.87% to be valued at USD 13 Billion from 2022 to 2032. Barley flakes are prepared by husking the kernels of barley grain which are steamed. The steamed grains are further flattened, rolled and then …
Backflow Preventers Market worth USD 13.8 billion by 2033
Rising Adoption of Backflow Preventers in Emerging Economies Such as India and China. Growing Awareness of Health and Liability Risks Associated with Water Contamination The global backflow preventers market is poised to reach a valuation of USD 8.7 billion by the end of 2022. This growth trajectory is attributed to the ongoing efforts of companies in introducing …
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Complete Nutrition Products Market to Reaching US$ 9.70 Billion at 6.39% CAGR by 2033 | FMI Study
Complete Nutrition Products Market The complete nutrition products market is projected to witness substantial growth, reaching a valuation of US$ 9.70 billion by 2033. Anticipating a CAGR of 6.39% from 2023 to 2033, the market’s value is expected to surge from US$ 5.22 billion in 2023. This growth is attributed to the rising awareness of health, clean …
Food Aroma Market to Reach US$ 1,595.72 Million by 2033, Growing at a 6.6% CAGR | FMI study
Food Aroma Market The global food aroma market is predicted to register a CAGR of 6.6% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 842.14 million in 2023 to US$ 1,595.72 million by 2033 end. The food aroma market is projected to experience solid growth on account of surging investments made in research and …