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Press Releases from Future Market Insights (68201 total)

Cytomegalovirus Solutions Soar: Cytomegalovirus Treatment Market Targets US$ 326 …

The Cytomegalovirus (CMV) Treatment Market stands at the forefront of addressing a formidable viral adversary that often operates under the radar. Cytomegalovirus, a member of the herpesvirus family, can pose serious threats to individuals with weakened immune systems, such as transplant recipients and those living with HIV. As a result, the development of effective treatments has become a critical endeavor in the realm of infectious diseases. In 2022, the global cytomegalovirus

Cardio-Tech Ascension: Cardiac Ultrasound Systems Market Poised for US$ 2.33 Bil …

In 2023, the Cardiac Ultrasound Systems Market is expected to be worth US$ 1.43 billion. With a CAGR of 5%, total sales of cardiac ultrasound systems are expected to reach US$ 2.33 billion by 2033. The Cardiac Ultrasound Systems market is at the cutting edge of medical imaging technology, playing an important role in the diagnosis and management of cardiovascular diseases. These systems, also known as echocardiography machines, create real-time images

Visualizing Growth: Endoscopy Visualization Systems Market Set to Soar Beyond US …

The global Endoscopy Visualisation Systems Market is expected to grow from US$ 1.3 billion in 2021 to US$ 2.2 billion by the end of 2028, at a CAGR of 7.2% during the forecast period. The growing number of endoscopic surgeries performed globally each year is a major factor driving the endoscopy imaging market. The global healthcare industry is experiencing an increase in the number of endoscopic surgeries performed each year, as

Revolutionizing Global Nutrition: The Explosive Growth of the Ready-to-Use Thera …

As per the global ready-to-use therapeutic 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 45% of fatalities among the Under 5 children group as a result of rising rates of

Culinary Detectives: Investigating the Techniques Behind Food Authenticity Testi …

In 2023, the US$ 5893 million for the food authenticity testing service market is estimated to reach a revised size of US$ 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period. Consumers have become increasingly skeptical about the authenticity of food products designed to meet specific needs, such as vegan, free-form, and organic. This is due to intentional ingredient substitution, misleading

Sustainable Sipping: Bubble Tea Market to have a rapid-paced CAGR of 9% during 2 …

The bubble tea market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from US$ 33,121.5 million in 2023 to US$61,152.4 million by 2033. The bubble tea market has experienced enormous expansion and appeal in recent years. Consumer

United Kingdom Plastomers Market Set for Robust Growth with 4.6% CAGR: Reaching …

Plastomers are a unique class of polymers combining the flexibility of elastomers with the processability of plastics. These versatile materials offer excellent sealing, flexibility, and lightweight properties. With applications ranging from packaging to automotive components, they are revolutionizing industries by providing innovative solutions that bridge the gap between traditional plastics and elastomers. The United Kingdom Plastomers Market size is projected to expand at a significant CAGR of 4.6% from 2023 to 2033. It

Rising Demand for Adhesives, Sealants, and Sustainable Solutions Boosts Styrene- …

Styrene-butadiene-styrene (SBS) block copolymer is a versatile material known for its exceptional elasticity, durability, and adhesion properties. Comprising styrene and butadiene monomers, it forms a unique structure that combines the strength of thermoplastics and the flexibility of elastomers. SBS finds applications in various industries, including footwear, adhesives, roofing, and more, where its balance of strength and flexibility is highly advantageous. The global styrene-butadiene-styrene (SBS) block copolymer market revenue is anticipated to reach US$ 10.1

Increasing Demand for Hindered Amine Light Stabilizers (HALS) Driven by Growing …

Hindered Amine Light Stabilizers (HALS) are essential additives in various industries, particularly plastics and coatings. They efficiently protect materials from the harmful effects of light exposure, preventing degradation and enhancing durability. HALS work by scavenging free radicals formed during UV degradation, thus extending the lifespan and appearance of products exposed to outdoor conditions. Revenue from the Hindered Amine Light Stabilizers (HALS) Market is projected to increase from US$ 1.2 billion in 2023 to

Global Solar Energy Surge Propels PV Module Encapsulant Film Market to US$ 2.6 B …

PV module encapsulant film is a crucial component in solar panel manufacturing. This specialized film safeguards photovoltaic cells from external elements while optimizing light transmission for efficient energy conversion. By providing mechanical support and protection against moisture and UV exposure, encapsulant film ensures the longevity and reliability of solar panels, contributing to sustainable renewable energy generation. Rapid shift towards renewable energy sources such as solar energy is a key factor that

Octabins Market Projected to Achieve 5.5% CAGR in Sales from 2022 to 2026: Shift …

The global octabins market is set to exceed US$ 377 million by 2022, propelled by a rising demand for alternatives to larger bulk packaging solutions like big-bag and metal containers. Future Market Insights (FMI) anticipates a 5.5% Compound Annual Growth Rate (CAGR) for octabins sales over the 2022-2026 forecast period. A pronounced shift towards sustainable packaging solutions in regions including the U.S., China, and India is expected to drive octabins

Dominance of North America in Thin Wall Plastic Containers Market: Robust 4.1% C …

The surge in demand for environmentally-friendly packaging solutions is propelling the adoption of thin-wall containers. According to Future Market Insights (FMI), the thin wall plastic container market is poised to achieve a 5.3% year-on-year growth rate in 2021, with global sales projected to reach an impressive 307,885 million units. FMI's analysis forecasts the market's value to reach US$ 32.2 billion in 2021, and an overall Compound Annual Growth Rate (CAGR)

Resilient Growth Forecasted for Folding Intermediate Bulk Containers (IBCs) Mark …

The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised

Technical Films Revolutionize Automotive and Aerospace Landscapes: Enabling Fuel …

The global technical films market is poised for significant growth, with an anticipated valuation of US$ 38.5 billion in 2023. The market's expansion is underpinned by a growing emphasis on safety and protection, bolstering its potential. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 5.3% between 2023 and 2033, culminating in a total value of around US$ 64.5 billion by 2033. Industries like automotive and aerospace are contributing

Rapid Innovations Driven by IoT and AI: Mobile Phone Accessories Packaging Marke …

The global mobile phone accessories packaging market is on a trajectory of substantial growth, projected to reach a value of US$ 5.6 billion by 2031, exhibiting a Compound Annual Growth Rate (CAGR) of 5.4%. This ascent is fueled by the escalating usage of mobile phones, particularly among millennials, prompting inventive approaches in packaging design. The market's evolution is accentuated by the burgeoning demand for packaging solutions that blend aesthetics and

Perfume Market is Projected to Grow at a 5.5% CAGR Over the Assessment Period By …

The global perfume market is projected to grow at a 5.5% CAGR. The market is expected to grow from USD 59.4 Billion in 2023 to USD 101.3 Billion by 2033. Rising demand for custom-made perfumes is rising across key markets. Hence, key players are keen on developing technologically innovative products such as touchless product dispensers. Expansion of the Beauty Industry becomes Major Market Driver The beauty industry is expanding as a result of a global increase in disposable incomes. Further, fragrance-infused

Diaper Rash Cream Market is Expected to Reach US$ 3.3 Billion by 2033

The diaper rash cream market is predicted to be valued at US$ 1.91 billion in 2023 and US$ 3.3 billion by 2033. Over the projection period, sales in the diaper rash cream market are expected to increase at a CAGR of 5.6%. As scientific understanding deepens, an emerging opportunity lies in microbiome-friendly diaper rash creams. Innovative formulations that nurture and protect the delicate skin microbiome hold potential for healthier and

Tea-based Skin Care Products Market is Expected to Reach US$ 1,300 Million by 20 …

The tea-based skin care products market is predicted to be valued at US$ 582.8 million in 2023 and US$ 1,300 million by 2033. Over the projection period, sales in the tea-based skin care products market are expected to increase at a CAGR of 8.3%. A promising opportunity lies in the rising popularity of clean beauty and eco-consciousness among consumers. With a growing emphasis on natural ingredients and sustainable packaging, tea-based

Guarding Water Safety: Backflow Preventers Market Analysis Spotlighting Marketin …

In 2022, it is predicted that the market for backflow preventers would be worth US$8.7 billion. The market is expanding as businesses offer technologically upgraded backflow preventers made from cutting-edge raw materials like polymers, ductile iron, and stainless steel. According to estimates, the market would generate US$ 13.8 billion in 2033, with a CAGR of 4.5% between 2023 and 2033. In 2023, the market is anticipated to generate US$ 8.9

Empowering Energy: Exploring Silicon Anode Battery Market's Profound Analysis Am …

In 2022, it is expected that the silicon anode battery market would reach a value of US$ 2.3 billion. As businesses offer technologically advanced silicon anode batteries that are affordable & have a high storage capacity, the industry is expanding. According to estimates, the market would generate US$ 131.6 billion in 2033, with a CAGR of 47.5% between 2023 and 2033. In 2023, the industry is anticipated to bring in

Heating the Future: Worldwide Heavy Duty Heat Pump Market Forecasted to Attain $ …

The global Heavy-Duty Heat Pump Market is expected to be worth US$ 3.1 billion. As companies provide technologically improved tritium light sources with various integrated technologies, the sector is gaining traction. The market is expected to be worth US$ 3.2 billion in 2023, with a CAGR of 4.3% from 2023 to 2033. In 2033, the market is expected to generate US$ 4.8 billion. The heavy-duty heat market is expected to grow

Shaping Tomorrow: Selective Laser Sintering Equipment Market Envisioned to Surpa …

In 2023, the market for selective laser sintering (SLS) equipment is anticipated to be worth US$ 765 million. The market is expanding as a result of rising demand for selective laser sintering 3D printing technology across numerous sectors. As a result, according to FMI's projection, the market's revenue may reach US$ 4.2 billion by 2033, achieving an astounding CAGR of 18.6%. SSLS 3D printing technology is capable of producing complex and

Illuminating Precision: Excimer and Femtosecond Ophthalmic Lasers Market Soars t …

The Excimer and Femtosecond Ophthalmic Lasers Market represents a transformative segment in the field of ophthalmology, offering advanced and precise solutions for various vision correction procedures. Excimer lasers have been widely used for decades in refractive surgeries like LASIK (Laser-Assisted In Situ Keratomileusis), providing patients with improved visual acuity and reduced dependency on glasses or contact lenses. On the other hand, femtosecond lasers have gained prominence for their remarkable ability

Evolving Diagnostics: Liquid Biopsy Market Envisions US$ 4,126 Million Demand by …

The Liquid Biopsy Market has emerged as a revolutionary approach to cancer diagnostics and monitoring, marking a significant shift in the way we detect and track cancer-related biomarkers. Unlike traditional biopsies that require invasive procedures, liquid biopsy offers a non-invasive alternative by analyzing a patient's biofluids, such as blood or urine, to detect tumor-derived DNA, circulating tumor cells (CTCs), and other biomolecules. This groundbreaking technique holds immense promise in providing

Wrapped in Sweet Success: Confectionery Packaging Market on Track to Surpass US$ …

Introduction When it comes to indulging in sweet treats, the first impression matters just as much as the taste itself. The confectionery packaging market has evolved significantly, offering a diverse range of solutions that go beyond mere protection. From chocolates and candies to gourmet delights, this article dives into the world of confectionery packaging, exploring its trends, innovations, and the crucial role it plays in preserving taste and captivating consumers. During the

Unleashing Health: Veterinary Vaccines Market Projected to Reach US$ 20.82 Billi …

The Veterinary Vaccines Market plays a vital role in safeguarding the health and well-being of animals, from livestock to companion pets, by preventing and controlling various infectious diseases. Veterinary vaccines are designed to stimulate the immune system of animals, aiding them in building immunity against specific pathogens. As the importance of animal health and disease prevention gains recognition, the demand for effective and advanced veterinary vaccines continues to rise. These

Blowing Away the Competition: PET Stretch Blow Molding Machines Market Soars Tow …

Introduction: Reshaping Plastic Packaging with PET Stretch Blow Molding Machines Plastic packaging plays an indispensable role in our daily lives, from water bottles to food containers. The innovation of PET stretch blow molding machines has significantly impacted this industry, offering manufacturers a streamlined and versatile solution for producing plastic containers. These machines use the stretch blow molding process to create a wide range of containers from PET (Polyethylene Terephthalate) preforms. The

Edible Films and Coatings Market: A Delectable Future with Projected Growth to E …

The edible films and coatings market is anticipated to expand from US$ 2,210.0 million in 2023 to over US$ 4,871.0 million by 2033 at a CAGR of 8.2%. The demand for edible films and coatings is propelled by factors like food preservation and quality maintenance, consumer preference for natural and safe products, customization and personalization, regulatory support, and technological advancements. Challenges exist for companies such as achieving film performance and stability, cost

Sturdy Solutions: The Unyielding Rise of the Rigid Food Containers Market, Forec …

Introduction: In today's fast-paced world, maintaining the quality and freshness of our food is of paramount importance. This is where the Rigid Food Containers Market comes into play. With an array of innovative and durable options available, consumers now have the opportunity to choose from a variety of containers designed to keep their food fresh and secure. This article delves into the dynamic Rigid Food Containers Market, highlighting its key aspects,

Chilling Prosperity: Exploring the Frosty Trajectory of the Frozen Food Packagin …

Introduction: The Frozen Food Packaging Market has been undergoing remarkable transformations driven by changing consumer behaviors and technological advancements. As the demand for convenient and ready-to-eat frozen meals rises, packaging solutions are evolving to meet these demands while also addressing environmental concerns. This article delves into the dynamic landscape of the Frozen Food Packaging Market, exploring emerging trends, sustainable practices, and key industry players. From its current estimation of US$ 900 million

Wine Filling Machine Market Poised for 3.8% CAGR Growth; Estimated to Reach US$ …

Based on research conducted by Future Market Insights, the wine filling machine market is projected to exhibit a steady Compound Annual Growth Rate (CAGR) of 3.8% over the forecasted period. According to forecasts, the market's valuation is anticipated to ascend to US$ 2,079.6 million by 2033, a significant rise from its 2023 value of US$ 1,432.2 million. The burgeoning popularity of wine and the increasing demand for innovative packaging solutions are

Global Lightning Arrester Market is Projected to Attain 6.5% CAGR to Reach US$ 1 …

The global lightning arrester market is on track to achieve a valuation of US$ 782.1 million in 2022, showcasing a Compound Annual Growth Rate (CAGR) of 6.5% in its pursuit to attain a worth of US$ 1,466.7 million by the conclusion of 2032. Lightning arresters, an essential safety precaution for structures, are gaining prominence in diverse settings including homes, infrastructure, and power plants, driven by an increased emphasis on electrical

Global Air Separation Plant Market Thrives at US$ 5.9 Billion, Poised to Grow by …

The global air separation plant market currently boasts a valuation of US$ 5.9 billion and is on a trajectory to achieve an impressive Compound Annual Growth Rate (CAGR) of 5%, culminating in a net worth of US$ 7.9 billion by the close of 2028. A notable trend bolstering overall market expansion across regions is the robust demand for air separation plants within the healthcare industry. The market's course is primarily steered

Global Smart Waste Management Market Set to Surpass US$ 5 Billion Mark in 2032, …

Forecasts predict that total sales within the global smart waste management market will reach an impressive valuation of over US$ 2 billion in 2022. This growth trajectory is expected to continue at a substantial Compound Annual Growth Rate (CAGR) of 20% throughout the assessment period. The escalating development of smart cities worldwide is anticipated to synergize with this growth, propelling the market size to nearly US$ 5 billion by 2032. The

Industrial Robotic Motors Market Growth Drivers and Challenges: CAGR of 13.4% an …

The Industrial Robotic Motors Market is poised for remarkable growth during the forecast period, driven by several compelling factors. With a surge in demand for robots across various end-use industries, the market is witnessing a significant boost in adoption. The rapid pace of automation is further propelling the need for advanced robotic motors, enhancing operational efficiency and productivity. Additionally, the industry's proactive response to global energy-efficient norms is fostering the

Modular Robotics Market Size and Growth Potential: CAGR of 18% and US$ 47.68 Bil …

The Modular Robotics Market is witnessing a transformative phase driven by the inherent flexibility and adaptability of modular robotic systems. These systems bestow a unique versatility upon individual robots, empowering them to seamlessly undertake a multitude of tasks. Central to this advancement is the integration of modular grippers within the robotic systems, a technological marvel that ushers in distributed sensing actuation. During the forecast period, the modular robotics market is anticipated

Underwater Light Market Growth Opportunities: CAGR of 5.5% and US$ 523 Million F …

The Underwater Light Market has witnessed remarkable growth in recent years, finding applications in diverse settings such as oceans, seas, swimming pools, and aquariums. One significant factor driving this growth is the expanding underwater tourism industry, fueled by the surge in global tourism and related activities. As the market's light shines brighter, there is an increasing demand for underwater lighting systems due to changing lifestyles and a rise in per

Laser Welding Equipment Market to grow at a 4.8% CAGR through 2032, Due to the p …

The market for Laser Welding Equipment Market is anticipated to increase by US$ 373 Million by 2025, with a CAGR of 4.8% from 2022 to 2032. As a result of advancements in laser technology, laser beams are now frequently used and referred to as "commonplace." Many different kinds of materials can be joined using the laser welding technique. Materials with a higher melting point and superior heat conductivity make good candidates

Dairy Alternatives Market to Reach US$ 47.1 Billion by 2033, Riding an 8.3% CAGR …

The dairy alternatives market was worth US$ 21.2 billion in 2023 and is expected to grow to US$ 47.1 billion by 2033, with an 8.3% CAGR from 2023 to 2033. The better nutritional value and functional profile of plant-based dairy substitutes are anticipated to be a major growth driver for the industry forecast. It is believed that milk and other dairy products have fewer nutrients than nondairy drinks. Lactose intolerant people

Global Biogas Market Set to Reach US$ 138 Billion by 2033: A Sustainable Energy …

Biogas is a renewable and environmentally-friendly fuel produced through the anaerobic digestion of organic materials, such as agricultural waste, food scraps, and sewage. Composed mainly of methane, it serves as a sustainable energy source for electricity generation, heating, and transportation. Biogas plays a crucial role in reducing greenhouse gas emissions and promoting a greener future. The biogas market size is projected to increase from US$ 75 Bn in 2023 to US$ 138 Bn by 2033, demonstrating a

Mining Flotation Chemicals Market Set for 5% CAGR Growth: Rejuvenating Mineral E …

Mining flotation chemicals are vital additives used to extract valuable minerals from ore. These chemicals aid in the separation process by selectively attaching to specific minerals, allowing them to be separated from the waste material. They play a pivotal role in optimizing mineral recovery and enhancing the efficiency of mining operations. The mining flotation chemicals market is forecast to experience a growth of 5% CAGR over the estimated period, as per

Acai Berry Market Projections: Exponential Growth in Food and Beverage Segment S …

The Acai Berry market is on an impressive growth trajectory, driven by the Food and Beverage segment's exceptional expansion. With a CAGR of 13% in value, it's projected to reach nearly US$ 2 billion by the forecast period's end. In terms of volume, a CAGR of 12.9% anticipates a rise to over 800,000 tonnes by 2026, reflecting the segment's dominant market presence. The acai berry is a reddish-purple fruit that grows

Hot Melt Adhesives Market Set for Remarkable Growth Valued at US$ 12.7 Billion b …

Hot melt adhesives, often called hot glue, are thermoplastic materials that melt and become adhesive when heated. They offer rapid bonding in various industries, from packaging to manufacturing. Once cooled, they provide strong, instant adhesion without the need for solvent curing. This makes them versatile, efficient and widely used in diverse applications. The global hot melt adhesives market is anticipated to create a lucrative growth opportunity in the global landscape by registering a

Dog Food Market Forecast: Anticipated Surge to US$ 81,224.9 Million by 2033, Fue …

In 2023, the value of the dog food market is estimated to reach US$ 45,631 million. According to Future Market Insights (FMI), global sales of dog food are expected to reach US$81,224.9 million by 2033, rising at a CAGR of 6% throughout that time period. In affluent countries, the demand for personalised dog food products is rising, and in the next years, it is anticipated that this trend will spread to

Building the Future: Fiberglass's Rising Role in Construction and Insulation

Fiberglass is a construction wonder, bolstering structures with its high strength, lightweight nature, and resistance to corrosion. From insulation to facades, it enhances energy efficiency while being eco-friendly. Its versatility in design and durability make it a vital ingredient in modern construction, shaping sustainable and resilient buildings. According to the global fiberglass market report, the rovings segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end.

Diverse End-Use Industries Drive Surge in Metalized Barrier Films Sales: FMI For …

The global metalized barrier films market stood at US$ 1.97 Bn in the year 2021 and is expected to be worth US$ 3.47 Bn by the end of the year 2032 at a CAGR of 5.3% from 2022 to 2032. Metalized barrier films are being increasingly used in various end-use verticals like electronics, food & beverages, personal & home care, and pharmaceuticals, especially after stringent regulations being laid down regarding usage

Guar Gum Market Projections: Escalating Demand in Food, Oil & Gas, and Pharmaceu …

The guar gum market, valued at US$ 1.13 billion in 2021, displays a promising trajectory with an estimated CAGR of 2.8% until 2026. This growth is set to elevate its worth to US$ 1.3 billion by 2026. The upward trend is propelled by its diverse applications across industries, promising a lucrative market future. In addition to food, guar gum is frequently utilised in industries like oil & gas, cosmetics, and medicines.

Healthcare and Policies Drive Growth: USA's Leading Role in Passive Temperature- …

According to estimates, the market for passive temperature-controlled packaging solutions would be worth US$10.6 billion by 2021. Between 2021 and 2031, sales of passive temperature-controlled packaging systems are anticipated to grow at a 9.1% CAGR. The market for passive temperature-controlled packaging solutions is anticipated to grow at a 9.0% YoY rate in 2021. In terms of region, Asia Pacific excluding Japan is anticipated to hold more than 23.9% of the market in

Layer Pads Market Set for Robust Growth: Projected to Reach US$ 2.1 Billion by 2 …

As of 2023, the market size of the global layer pads is anticipated to be valued at US$ 1,309.8 million and is expected to reach US$ 2,111.8 million by 2033. This market is projected to grow at a CAGR of 5.6% from 2023 to 2033. Due to the increasing number of glass bottles and fragile food products being imported and exported around the globe, the layer pads market is expected to grow faster

Nutraceuticals Market Soars to USD 1,354.2 Billion by 2032, Registering a Remark …

The global nutraceuticals market is set to witness growth at a CAGR of 12.9% between 2022 and 2032, reaching to an evaluation of USD 1,354.2 Billion by 2032, while it is valued at US$ 402.5 Billion in 2022. According to the Nutraceuticals market study, a food product with additional functionality as a result of the addition of ingredients is considered to have functional quality. Sales of functional foods have been rising

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