Category: Business

Global GMP Cleaners Industry to achieve a valuation of US$ 790.3 Million by 2033

February 6, 2024 Future Market Insights

The global GMP cleaners industry demand is slated for remarkable growth, anticipated to skyrocket from US$ 412.3 million in 2023 to a projected US$ 790.3 million by 2033, boasting a robust Compound Annual Growth Rate (CAGR) of 6.7% throughout the forecast period. GMP cleaners, meticulously designed to meet stringent criteria and standards for use in…

Business, Health and Fitness

Drilling Polymers Industry on an Upward Trajectory: Projected 3.5% CAGR Signals a Surge in Demand, Propelling Revenue Beyond US$ 3 Billion by 2033

February 6, 2024 Future Market Insights

The drilling polymers industry size reached US$ 2050.4 million in 2022. Demand for drilling polymers is likely to witness US$ 2132.4 million in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit a 3.5% CAGR. Revenue is anticipated to cross around US$ 3 billion by the end of 2033. There is a growing demand for environmentally friendly drilling…

Business

Global Agricultural Lubricant Market is Anticipating a Surge from US$ 484.1 million in 2023 to US$ 826.7 million by 2033

February 6, 2024 Future Market Insights

Over the forecast period, global agricultural lubricant demand is poised to surge at a CAGR of 5.5%. According to a Future Market Insights (FMI) report, the global agricultural lubricant market value is expected to increase from US$ 484.1 Million in 2023 to US$ 826.7 Million by 2033. Several factors are expected to drive the growth of the agricultural lubricant market during the…

Business

Rapid Rise in Renewable Energy: Europe Biomass Pellets Market Anticipates a 6.9% CAGR, Eyeing a Remarkable US$ 22,161.2 million Industry Size by 2033

February 6, 2024 Future Market Insights

Demand for biomass registered a 6.3% year-on-year growth in 2022, indicating that the Europe market would reach US$ 11,387.5 million in 2023. The Europe biomass pellets market, as reported by Future Market Insights (FMI), reached US$ 10,743.6 million in 2022. Over the forecast period 2023 to 2033, Europe sales of biomass pellets are expected to exhibit a 6.9% CAGR. It is expected to total…

Business

Bubbling Success: Trends and Forecasts in the Bubble Tea Market 2023-2033

February 5, 2024 Future Market Insights

The global bubble tea market is projected to have a rapid-paced CAGR of 9% during the forecast period. The current valuation of the market is US$ 2.72 billion in 2023. The bubble tea market has experienced enormous expansion and appeal in recent years. Consumer demand for unique and exotic beverages is one of the primary drivers of this expansion….

Business

Cheers to Growth: India Alcohol Market Trends 2023-2033

February 5, 2024 Future Market Insights

The India alcohol market is predicted to be worth US$ 54,740.0 million in 2023, rising to US$ 111,238.9 million by 2033. The Indian alcohol market expanded during the research period as a result of increased urbanisation, population expansion (especially in metropolitan areas), and rising disposable incomes. During this time, bar and cocktail culture extended throughout major cities, as did…

Business

Cruising the Currents: Shrimp Market Trends and Forecasts 2024-2034

February 5, 2024 Future Market Insights

The shrimp market is expected to register a healthy CAGR of 8.7% during the forecast period due to the increasing consumption of shrimps in cuisines and soups, largely in Asian countries. The market value is projected to increase from US$ 64.8 billion in 2024 to US$ 149 billion by 2034. Prawns are becoming more and more popular due to their nutritional attributes…

Business

Scooping Success: Trends and Forecasts in the Protein Powder Industry (2022-2032)

February 5, 2024 Future Market Insights

The Protein Powder Market is poised for substantial growth, with a projected size of US$ 36.6 billion by 2032, fueled by an impressive 7.3% value CAGR from 2022 to 2032. This upward trajectory highlights the increasing demand for protein-rich supplements, driven by health-conscious consumers and athletes seeking nutrition and fitness solutions. Protein powder products are aggressively marketed as aiding athletes…

Business

CBD Chronicles: Navigating the CBD Oil Market 2023-2033

February 5, 2024 Future Market Insights

As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million. The market for CBD Oil is rapidly growing as more people…

Business

Growing Up: Hydroponics Market Trends and Projections 2023-2033

February 5, 2024 Future Market Insights

The global hydroponics market size is estimated to rise at a CAGR of 13.7% over the forecast period. In 2023, the hydroponics industry is expected to be valued at US$ 12,644 million. Hydroponics is one of the highly intense crop production methods in agriculture. Plants can be grown using this technique in a soilless environment and with nutritional solutions present….

Business