The natural pet food market is anticipated to generate a revenue of about US$ 13,962.7 million by the year 2023. Looking forward, FMI expects the market to reach US$ 21,996.0 million by 2033, exhibiting a growth rate of 8.3% from 2023 to 2033. The global organic pet food market reached a value of US$ 13,425.7 million in …
Category Archives: Press Release
Wet Pet Food Market on Track to Achieve USD 37.7 Billion by 2033, Says Future Market Insights
The global wet pet food market is expected to be worth USD 22.6 billion in 2023. Furthermore, with the increasing popularity of pets globally, the overall demand for wet pet food is expected to expand at a 5.5% CAGR from 2023 to 2033, achieving a market worth of USD 37.7 billion by 2033. Investors have taken notice of this rise, and …
Food Starch Market Expected to Flourish, Valuation to Soar to USD 28.83 Billion by 2033 with a 3% CAGR
The Food Starch Market is experiencing robust growth, driven by increasing demand for convenience foods and processed products. As consumers seek healthier options, manufacturers are utilizing food starch to create clean-label and gluten-free products. Additionally, technological advancements and expanding food industries in emerging markets are propelling the market’s expansion. The food starch market is forecasted to garner …
The Rise of Joint Compounds in Latin America: Forecasting a Market Valuation of USD 89.5 Million by 2033
The joint compound industry value for Latin America is projected to grow from USD 48.6 million in 2023 to USD 89.5 million by 2033. The demand for joint compounds in Latin America is expected to grow at a compound annual growth rate (CAGR) of 6.3% during the assessment period. The use of joint compounds in construction …
Rising Demand in the United States Countertop Industry: Key Drivers and Trends
The United States countertop industry revenue is projected to total USD 76,783.0 million in 2023 and USD 138,218.8 million by 2033. Over the assessment period, demand for countertops in the United States is projected to surge at a CAGR of 6.1%. The granite-based material segment will dominate the United States countertop industry through 2033. It is expected to hold a volume share of 28.8% by 2023. This is due to the growing …
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Emerging Opportunities: The Refinery and Petrochemical Filtration Market in a Rapidly Industrializing World
The refinery and petrochemical filtration market is estimated to be worth USD 5.60 billion in 2024. By 2034, the market is projected to reach a valuation of USD 11.7 billion. The adoption of refinery and petrochemical filtration systems in various industries is likely to expand at a CAGR of 7.60% from 2024 to 2034. The last few …
The Future of Carbon Steel in North America: Industrial Growth and Sustainability Initiatives
According to the most recent analysis, the revenue of the carbon steel industry in North America is expected to rise from USD 78.1 billion in 2023 to USD 125.6 billion by 2033. The demand for carbon steel in North America is expected to increase at a CAGR of 4.9% during the assessment period. The low carbon …
The Rising Demand for Sulfamic Acid: Transforming the Paper, Pulp, and Cleaning Industries
From 2024 to 2034, the sulfamic acid market is anticipated to grow at a 3.8% CAGR. From USD 286.28 million in 2024 to USD 416.24 million in 2034, that is the anticipated increase in market value. There is a considerable market for sulfamic acid because of its many uses in water treatment, cleaning products, and various …
Advanced Surface Treatment Chemicals: Pioneering Sustainability and Compliance in Automotive and Aerospace Sectors
The advanced surface treatment chemicals market is projected to reach a value of USD 9,193.1 million by the end of the 2023–2033 forecast period. The market is anticipated to grow at a noteworthy 6.3% annual rate during the projection period. The use of sophisticated surface treatment chemicals is common in the automotive, aerospace, construction, packaging, and …
Freestanding Large Cooking Appliance Market Set to Reach USD 30,977.5 Million by 2033, Driven by Smart Technology and Urbanization
According to newly released data from Future Market Insights (FMI), the global freestanding large cooking appliance market is estimated to reach USD 20,333.0 million in 2023, with projections indicating it will grow to USD 30,977.5 million by 2033. This growth represents a compound annual growth rate (CAGR) of 4.3% from 2023 to 2033, highlighting the …