Press Releases from Future Market Inisghts (93 total)
The Bright Future of Seaweed: Macroalgae Market Set to Surge to US$ 18,305.1 Mil …
The global macroalgae market has witnessed significant growth in recent years, driven by the increasing demand for sustainable and natural alternatives across various industries. Macroalgae, commonly known as seaweed, is a diverse group of marine plants that offer numerous benefits in terms of nutrition, cosmetics, pharmaceuticals, and biofuels.
According to Future Market Insights (FMI), the worldwide macroalgae market is valued at US$ 9,302.6 million in 2023 and it is anticipated to…
Banana Puree Market Forecasted to Flourish by US$ 919 million in 2033 | Future M …
The banana puree market is poised for robust growth and a significant rise, with an anticipated higher CAGR of 9.2% from 2023 to 2033. This is notably higher than the CAGR of 5.3% observed between 2018 and 2022. As a result, the market value is projected to reach an impressive US$ 919 million by 2033, compared to US$ 381.7 million in 2023. This signifies substantial expansion and increased market demand…
Hobs Market is Expected to Flourish at a CAGR of 4.8% During the Forecast Period …
The global hobs market size is estimated to be valued at US$ 20.55 Billion in 2022, and is likely to reach US$ 33 Billion in 2032. The projected CAGR for the 2022-2032 forecast period is 4.8%.
The global kitchen appliances market is driven by the innovation of new products owing to technological advancement leading to the entry of new products such as hobs in the market. Hobs are basically modern gas stoves which are inbuilt in our kitchen…
Emerging Trends Shaping the Water Turbine Market: CAGR of 4.7% and US$ 3.8 Billi …
The Water Turbine Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Water Turbine market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Water Turbine. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2032. Additionally, the document evaluates key industry players,…
HPV Testing and Pap Test Market: Marking a Milestone with a Valuation of Around …
The Global HPV testing and Pap Test Market was valued at US$ 2.2 billion in 2021 and is expected to reach US$ 15 billion by 2032, according to a recent market survey conducted by Future Market Insights (FMI). According to the report's findings, Pap Testing will remain critical for the market, generating the majority of revenue at a CAGR of 17.5%. Official strategies and policies, such as the World Health…
Anti-wrinkle Products Market is Likely to Grow at a CAGR of 5.8% through 2027 | …
The anti-wrinkle products market is estimated to reach at a US$ 9.1 Billion in 2021. The market is likely to grow at a CAGR of 5.8% through 2027, reaching US$ 12.8 Billion.
Surging retail availability of a wide range of anti-wrinkle products, coupled with a dramatic rise in the number of brands providing diverse anti-aging products, is projected to play a significant role in the revenue growth of anti-wrinkle products market.
Skincare has been an important segment driving the personal care…
Smoke Alarm Market is Anticipated to Expand at a CAGR of 7.1% During Forecast Pe …
The Global Smoke Alarm Market is expected to generate revenues of US$ 1,956.9 million in 2023. Demand for smoke alarm is anticipated to expand at a CAGR of 7.1% and reach US$ 3,885.7 million by 2033.
In the event of false alarms, customers deactivate the alarm using IoT-enabled devices. Also, the IoT-enabled system alerts the user when batteries and other wearables need to be changed or replaced. Moreover, the smoke alarms…
Enhancing Urological Care: Ureteral Stent Market Set to Reach US$ 616.8 Million …
The Ureteral Stent Market is expected to grow at a 4.4% CAGR from 2022 to 2032, reaching US$ 385.9 million in 2022 and US$ 616.8 million by 2032. The ability of ureteral stents to restore urine flow through blocked ureters caused by a variety of illnesses is driving up demand for them. This will result in a rise in the ureteral stent market between 2022 and 2032.
Ureteral stents are medical…
Genomic Discoveries Await: DNA Sequencing Services Market Set to Reach US$ 2,080 …
According to FMI's analysis, the DNA Sequencing Services Market will grow by 8.2% over the forecast period. The industry is expected to grow to a market value of US$ 945.6 million by 2023.
Surges in DNA sequencing services are expected to drive industry growth during the assessment period. For example, the development of next-generation sequencing (NGS) platforms has resulted in cost savings and increased efficiency in the DNA sequencing procedure.…
Elevating Oral Care: Dental Units Market Set to Reach US$ 1,023.1 Million by 203 …
The global Dental Units Market is expected to increase to US$ 1,023.1 billion in 2032, from US$ 604.7 billion in 2022. The market is expected to expand at a CAGR of 4.9% between 2022 and 2032. Between 2016 and 2021, the industry grew at a 4.5% CAGR.
With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Dental…
Global Wrinkle Release Spray Market to reach US$ 2,527.4 million by 2033; rising …
The wrinkle release spray market is predicted to be valued at US$ 1,581.5 million in 2023 and US$ 2,527.40 million by 2033. Over the projection period, sales of Wrinkle Release Spray are expected to increase at a CAGR of 4.8%. The wrinkle release spray market is an emerging and promising industry with significant potential for growth.
A significant driver for the wrinkle release spray market could be the aging population. As people age, wrinkles become more prominent and…
Home Decor Market is Anticipated to Increase at a Strong CAGR throughout the Eva …
The global home decor market is expected to increase at a strong CAGR throughout the evaluation period and reach a value of roughly US$ 855,680 Mn in 2022. The home décor industry is expanding internationally as more people, particularly in poorer nations, own houses. Furniture, fabrics, and floor coverings are utilised in home décor to improve the living area.
The rise of the real estate sector is one reason for the…
Assessing the Market Landscape: Chicken Plucking Machine Market to Reach US$ 1,1 …
The global Chicken Plucking Machine Market size is expected to grow from US$ 789.2 Million in 2023 to US$ 1,168.2 Million by 2033. Overall sales of chicken plucking machines are projected to surge at 4.0% CAGR between 2023 and 2033.
Rising demand for meat products due to their high nutritional content and increasing adoption of advanced poultry processing equipment are some of the key factors driving the global chicken plucking machine…
Pasta Machine Market Forecast: Rising at a 5.6% CAGR between 2023 and 2033, Reac …
The Pasta Machine Market is witnessing a surge in demand as dried pasta and innovative cheese-based recipes gain popularity among full-service restaurants, cafeterias, quick-service restaurants, and hotels worldwide. The market's growth is further fueled by the exciting collaboration between renowned celebrity chefs, social media influencers, and leading food brands, who are teaming up to co-develop new and enticing pasta lines. This trend promises to offer consumers a diverse range of…
Exploring the Growth Potential of the Industrial Air Filtration Market: Projecte …
The Industrial Air Filtration Market is experiencing significant growth as the waste management industry seeks to enhance waste treatment facilities and mitigate environmental impact. With increasing concerns over air pollution and its detrimental effects on the planet, the adoption of industrial air filtration systems has become crucial in removing harmful gases and controlling odors. These filtration solutions play a pivotal role in reducing emissions and improving air quality, making them…
Precision Gearbox Machinery Market Primed for Exponential Surge: Envisioned to A …
The Precision Gearbox Machinery Market is poised for remarkable growth, driven by the surge in technological innovations within manufacturing that are revolutionizing energy efficiency, operational accuracy, and reliability. This transformative wave, often associated with Industry 4.0, has spurred numerous enterprises to strategically harness robotics for automating their assembly lines. These cutting-edge robots rely on precision gearboxes renowned for their exceptional attributes: high torque, minimal noise, and unparalleled precision. In a…
Cooling the Future: Portable Air Conditioner Market Set to Surge Beyond $1.3 Bil …
The portable air conditioner market size is expected to reach US$1.1 Billion in 2022, likely to surge at a vigorous 2.9% CAGR during the assessment period. Portable air conditioner sales closed in on around US$ 1 billion in 2018, which are envisaged to witness a sluggish below-3% growth in 2019. According to a new study of Future Market Insights (FMI), more than 80% of the overall sales of portable air conditioner is accounted by residential end…
Hospitality Staffing Market worth US$ 1886.6 billion by 2032 at a CAGR of 6.9%
The hospitality staffing market refers to the industry that provides temporary or permanent staff for hotels, restaurants, and other hospitality-related businesses. This includes positions such as front desk clerks, servers, cooks, and housekeeping staff.
The market for hospitality staffing has been growing in recent years, driven by an increasing demand for travel and tourism, as well as a growing need for temporary staff in the hospitality industry. The COVID-19 pandemic has…
Drug Delivery Solutions Market to Account for Approximately US$ 181.9 billion Re …
The global drug delivery solutions market is expected to grow significantly over the next few years. This growth is driven by several factors, including the increasing prevalence of chronic diseases, the growing demand for targeted and personalized medicine, and the increasing use of biologics and biosimilars.
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One of the key trends in the drug delivery solutions market is the increasing use of novel drug delivery technologies, such as…
Palletizers Market Projected to Exhibit 4.7% CAGR through 2028
A palletizer is a machine that is used to automatically stack and organize product on pallets for storage and transportation. The global palletizers market is expected to grow at a significant rate in the coming years, driven by increasing demand for automation and efficient material handling in various industries such as food and beverage, pharmaceuticals, and consumer goods.
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One of the key trends in the palletizers market is…
Label Applicators Market to Account for Approximately US$ 3.5 billion Revenues b …
The label applicators market is a rapidly growing industry, driven by the increasing demand for automated labeling systems in various end-use industries such as food and beverage, healthcare, and consumer goods. Label applicators, also known as labeling machines, are used to apply labels on a variety of products such as bottles, cans, jars, and cartons. They are designed to increase the efficiency and accuracy of the labeling process, while reducing…
Cling Film Market will Reach Nearly US$ 1.9 billion in Revenues by 2031
The global cling film market is projected to grow at a CAGR of 5.2% during the forecast period, reaching a market size of USD 8.72 billion by 2027. Cling film, also known as plastic wrap or food wrap, is a thin plastic film commonly used to seal and preserve food items.
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The growth of the market is primarily driven by the increasing demand for convenience and packaged foods,…
Cling Film Market will Reach Nearly US$ 1.9 billion in Revenues by 2031
The global cling film market is projected to grow at a CAGR of 5.2% during the forecast period, reaching a market size of USD 8.72 billion by 2027. Cling film, also known as plastic wrap or food wrap, is a thin plastic film commonly used to seal and preserve food items.
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The growth of the market is primarily driven by the increasing demand for convenience and packaged foods,…
Cup Fill and Seal Machine Market Set to Witness an Uptick Size US$ 3.0 billion t …
The cup fill and seal machine market is a rapidly growing industry driven by the increasing demand for packaged food and beverages, particularly in the dairy, food, and beverage industries. These machines are used to fill and seal cups with products such as yogurt, pudding, ice cream, and other similar products.
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The market for cup fill and seal machines is segmented based on the type of machine, application,…
PVC-Free Packaging Market by Segmentation type- Global Forecast to 2028
The PVC-free packaging market refers to the use of alternative materials to polyvinyl chloride (PVC) in packaging products. PVC is a widely used plastic in packaging due to its low cost and versatility, however, it has come under scrutiny for its environmental impact. PVC is not biodegradable and can take hundreds of years to degrade in the environment. It can also release toxic chemicals when it breaks down.
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Commercial Paper Bags Market to be US$ 11.2 Billion by 2032 | Future Market Insi …
The commercial paper bag market is a growing industry as more and more businesses and consumers are becoming conscious of the environmental impact of plastic bags. These paper bags are made from renewable resources and are biodegradable, making them a more sustainable option compared to plastic bags.
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The demand for commercial paper bags is driven by various factors such as increasing environmental awareness, government regulations and bans on…
Layer Pads Market Is Expected To See a growth of 5.6% | Future Market Insights
The global layer pads market is expected to experience significant growth during the forecast period. This growth is attributed to the increasing demand for layer pads in various end-use industries such as automotive, construction, and packaging.
Layer pads, also known as cushioning pads or interleaved pads, are used to protect delicate or fragile products during transportation and storage. They are made from various materials such as paper, plastic, and foam, and…
Sachet Packaging Market Is Expected To See a growth of 5.8% | Future Market Insi …
The sachet packaging market is a rapidly growing industry, driven by the increasing demand for convenient and single-use packaging solutions. Sachets are small, sealed packets that are typically used for packaging liquids, powders, and granules. They are often used for products such as shampoo, conditioner, laundry detergent, and food items like sugar, salt, and ketchup.
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The growth of the fast-moving consumer goods (FMCG) industry is a major driver…
Next Generation Packaging Market Worth US$ 49.3 billion by 2032 | Future Market …
The global next generation packaging market is expected to grow at a significant rate during the forecast period. This growth is attributed to factors such as increasing consumer demand for sustainable packaging, growing awareness about the environmental impact of traditional packaging materials, and advancements in packaging technologies.
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One of the key trends in the market is the increasing demand for biodegradable packaging materials. Biodegradable packaging materials, such as…
PD1 Non-Small Cell Lung Cancer Treatment Market to reach US$ 61 Billion until 20 …
According to a recent study published by Future Market Insights, the PD1 non-small cell lung cancer treatment market is slated to reach a valuation of US$ 26.96 Billion in 2023, and will further increase to US$ 61 Billion, registering a CAGR of 8.51% from 2023 to 2033. Rising prevalence of non-small cell lung cancer is anticipated to drive market growth during the forecast period.
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The increasing prevalence…
Overall Sales of Flavored Milk Market are projected to grow at a robust CAGR of …
The worldwide flavored milk market is supposed to arrive at a valuation of US$ 3,300 Million of every 2022. Generally speaking, deals of flavored milk are projected to develop at a strong CAGR of 6.4% somewhere in the range of 2022 and 2032, adding up to around US$ 6,119.3 Million toward the finish of 2032
Flavored milk is a dairy product manufactured by mixing milk, sugar or sweetener, coloring, and natural or artificial flavor.…
Blue Light Protection Ingredients Market is Expected to Grow at 8.3% CAGR During …
The global blue-light protection ingredients market is expected to grow at 8.3% CAGR during the forecast period between 2020 and 2030.Facial skincare continues to lead demand for blue light protection ingredients market, accounting for 40% of total demand, according to a latest study by Future Market Insights (FMI).
The study also finds that demand for organic blue light protection products are growing briskly, creating space for new market entrants. The new…
Sachet Packaging Market to grow at a rate of 5.8% by 2031 | Future Market Insigh …
The sachet packaging market is a rapidly growing segment of the packaging industry. Sachets, also known as single-serve packets, are small, sealed packages that contain a specific amount of a product, such as food, drink, or personal care items. They are popular among consumers because they offer convenience and portion control.
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The market for sachet packaging is driven by several factors, including the increasing demand for convenience and…
Bulk Container Packaging Market Is Expected To See a growth of 6.3% | Future Mar …
The bulk container packaging market is a rapidly growing industry, driven by the increasing demand for cost-effective and efficient packaging solutions. Bulk container packaging is used to transport and store large quantities of dry, liquid, and granular products, such as food ingredients, chemicals, and industrial materials.
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One of the key drivers of the bulk container packaging market is the increasing demand for cost-effective packaging solutions. Bulk container packaging…
Digital Printing Packaging Market to be US$ 29,206.9 Million by 2032 | Future Ma …
The digital printing packaging market is a rapidly growing industry, driven by advancements in technology and increasing demand for personalized and flexible packaging solutions. Digital printing allows for the efficient and cost-effective production of small runs of packaging, making it ideal for small businesses and niche products. It also allows for easy customization and the ability to quickly change designs, making it suitable for seasonal or limited-edition products.
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Disposable Cups Market Is Expected To See a growth of 5.7% | Future Market Insig …
The disposable cup market refers to the market for disposable cups, plates, and other tableware made from materials such as paper, plastic, and foam. These products are commonly used in food service, catering, and other industries where disposable tableware is needed.
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The global disposable cup market is expected to grow significantly in the coming years, driven by factors such as population growth, urbanization, and a rise in disposable…
Glass Container Market worth US$ 102.5 billion by 2033 at a CAGR of YY%
The glass container market is a segment of the packaging industry that involves the production, distribution, and sale of glass containers for various products such as food, beverages, pharmaceuticals, and personal care items.
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The market for glass containers is expected to grow in the coming years due to the increasing demand for sustainable packaging solutions. Glass is considered a sustainable packaging option as it is made from natural…
Smart Labels Market Is Expected To See a growth of 11.2% | Future Market Insight …
Smart labels are a type of RFID (radio-frequency identification) technology that can be used to track and manage inventory, improve supply chain efficiency, and enhance consumer engagement. They consist of a small chip and antenna that can store and transmit information wirelessly to a reader.
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The global smart labels market is expected to grow at a significant rate in the coming years due to increasing adoption of RFID…
Wood Pallets Market Is Expected To See a growth of 5.4% | Future Market Insights
The wood pallets market is driven by the growing demand for packaging and logistics solutions in various industries, such as retail, e-commerce, and manufacturing. The use of wood pallets allows for efficient and cost-effective storage and transportation of goods, making them a popular choice among businesses.
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Additionally, the increasing focus on sustainability and environmental concerns has led to a shift towards wood pallets, as they are a renewable…
Wine Packaging Market to be US$ 5.7 billion by 2032 | Future Market Insights
The wine packaging market is a rapidly growing industry, driven by the increasing demand for wine globally. The market is segmented by packaging type, material, and region.
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By packaging type, the market is divided into bottles, cans, and bag-in-box. Bottles are the most commonly used packaging type for wine and are preferred by consumers for their traditional appearance and ability to preserve the taste and quality of the…
BOPP Bags Market to be US$ 28 billion by 2032| Future Market Insights
The BOPP bags market is projected to witness significant growth in the coming years, driven by increasing demand for packaging solutions in various end-use industries such as food & beverage, pharmaceuticals, and consumer goods. BOPP bags are preferred due to their excellent barrier properties, high strength, and durability, which make them suitable for packaging a wide range of products.
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In terms of application, the food & beverage industry…
Compostable Foodservice Packaging Market worth US$ 28.8 billion by 2022 to 2029 …
The compostable foodservice packaging market is a rapidly growing industry, driven by increased demand for environmentally-friendly packaging solutions. These types of packaging products are made from biodegradable materials that can be broken down by microorganisms, reducing the environmental impact of traditional, non-biodegradable packaging materials.
The compostable foodservice packaging market is segmented into different product types, including plates, cups, bowls, clamshells, trays, and others. Compostable plates, cups, and bowls are the most…
Active, Smart and Intelligent Packaging Market Is Expected To See a growth of 9. …
Active, Smart, and Intelligent Packaging are the future of the packaging industry. These technologies are designed to improve the safety, shelf-life, and quality of the packaged products. They have the ability to sense, respond, and communicate with the environment, which makes them highly beneficial for various end-use industries such as food and beverages, healthcare, personal care, and more.
The global active, smart, and intelligent packaging market is expected to grow at…
Stretch Wrappers Market Size to Reach US$ 710.4 million by year 2031 | CAGR of 5 …
The Stretch Wrappers Market is a segment of the packaging industry that specializes in the production and distribution of equipment used to wrap and secure palletized loads. These machines, also known as stretch wrapping machines or pallet wrappers, are used in a variety of industries including retail, distribution, and manufacturing to protect and secure products during transport and storage.
The market for stretch wrappers is growing due to an increase in…
Straw Market Worth US$ 28 Billion by 2022 to 2029 - Exclusive Report by FMI
A straw market is a market where vendors sell handmade straw goods, such as baskets, hats, bags, and other items made from straw. These markets can be found in many tourist destinations around the world, particularly in tropical areas where straw is readily available.
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One of the most famous straw markets is located in Nassau, the capital of the Bahamas. The Nassau Straw Market has been a popular…
Deblistering Machines Market to Display Impressive Growth of 4.8% with Rising De …
Deblistering machines are used to recover tablets and capsules from blister packs, which are a type of packaging used in the pharmaceutical industry. These machines are used in the pharmaceutical and healthcare industry to remove tablets and capsules from blister packs so that they can be used again. This can be done through a variety of methods, such as mechanical or thermal methods.
The global deblistering machines market is expected to…
Hair Extensions Market is Likely to Register a CAGR of 5.3% During the Forecast …
The hair extension market is projected to grow at a CAGR of 5.3% over the course of the forecast period, from a market share of US$ 2.38 billion in 2021 to US$ 4.99 billion in 2032 as a result of changing lifestyles in developing nations and expanding product availability.
Owing to rising disposable income and urbanization in the region, Latin America is projected to see new growth prospects in the hair…
Artificial Hair Integration Market is Expected to Reach US$ 3,564.8 Million Duri …
In contrast to the 4.8% CAGR from 2017 to 2021, the artificial hair integration market is anticipated to increase at a 7.1% CAGR from 2022 to 2032. Due to the availability of high-quality hair extensions and weaves, many people throughout the world are selecting these options over surgical procedures or hair transplants.
Artificial hair integration is frequently recommended by fashion experts and trichologists since it aids in maintaining hair density and…
Increasing Health Consciousness Amongst the Public is Expected to Grow the Vegan …
Forecasts put the value of the global vegan donut market at US$ 120.4 Mn in 2023 and at US$ 273.8 Mn by 2033.
Increasing veganism and the worldwide demand for vegan donuts are two major factors behind this growth. As more and more people learn about the beneficial effects of vegan baked goods on their gut health, immune system, and inflammation levels, they are making the switch to vegan options as…
As per FMI, Cereal Bars Market is Expected to Reach a Valuation of US$ 22,798.9 …
The global cereal bars market size is set to be valued at US$ 13,221.3 Mn in 2022. As per FMI, the market is expected to reach a valuation of US$ 22,798.9 Mn by the end of 2032 and exhibit growth at a CAGR of 5.6% during the forecast period (2022-2032).
Plant-based products are both healthier and safer than animal-based products. The cereal bars market is being driven by growing popularity of veganism and health consciousness among consumers around the…
