New Product Development
The food irradiation market is predicted to be worth USD 312 million in 2023 and rise to USD 540.9 million by 2033. Initially, the global market was expanding at a CAGR of 3.3% from 2018 to 2022. The increasing prevalence of food poisoning linked to the consumption of adulterated food products has highlighted the urgent need for …
Continue reading “Food Irradiation Market Predicted to Grow at 6% CAGR Through 2033, Says FMI”
Citrus Water The citrus water market is expected to increase from USD 10.59 million in 2023 to USD 51.9 million in 2033. The Use of Citrus Water as a Fragrance in Cosmetics Amplifies Production Globally Citrus water is used to increase flavor in the food sector. It is mostly used to manufacture candies in the confectionery business. …
The citrus pulp market refers to the global trade and consumption of citrus pulp, which is a byproduct of the citrus fruit processing industry. Citrus pulp is obtained from the remnants of oranges, lemons, grapefruits, and other citrus fruits after juice extraction. It is rich in fiber, pectin, and other nutrients, making it a valuable ingredient …
As per the global ready-to-use therapeutic food market analysis report by FMI, the market valuation is expected to be around US$ 429 million in 2023. By the end of this forecast period, the global sales of ready-to-use therapeutic food are anticipated by FMI to generate revenues of around US$ 743.4 million. Undernutrition is responsible for around …
The global automotive tape market is poised for significant growth in the coming decade, with total sales projected to rise from USD 3,991.0 million in 2024 to USD 5,711.3 million by 2034, reflecting a compound annual growth rate (CAGR) of 4.1% during the forecast period. Automotive tapes have become an integral component in modern vehicle manufacturing, offering solutions for …
The global cold form foil market is on track for significant expansion, with projections showing growth from USD 2.8 billion in 2023 to USD 5.1 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period. Cold form foil is increasingly becoming the packaging solution of choice in the pharmaceutical industry due …
The functional additives and barrier coatings market is expected to be worth USD 2,375.49 million in 2023. With a CAGR of 5.4%, it is projected to reach USD 4,015.57 million by 2033. Packaging is the largest industry that uses functional additives and barrier coatings. These coatings are used in packaging to enhance processing and manufacturing performance and provide materials …
The tube laminating films market is set to experience robust growth, projected to increase from USD 2.63 billion in 2023 to USD 4.32 billion by 2033, with a CAGR of 5.1% over the forecast period. This expansion is fueled by growing demand in key sectors such as food packaging, pharmaceuticals, personal care, and industrial applications. Tube laminating …
The global automotive labels market is projected to reach a valuation of USD 11,584.7 million by 2033, growing at a compound annual growth rate (CAGR) of 4.3% over the forecast period, according to the latest report from Future Market Insights. In 2023, the market is estimated to be worth USD 7,603.99 million, having shown a historical CAGR …
The global multiple unit pellet systems market is experiencing remarkable growth, with its value reaching USD 3.6 billion in 2023. Recent projections indicate this market is poised to continue its upward trajectory, achieving an impressive USD 5.2 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 3.6%. This surge highlights the increasing adoption …
