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Global Plant-Based Beef Market to reach US$ 16.13 Bn by the end of 2030 – FMI
FMI has forecast the plant based beef market to record a CAGR of 22.7% between 2020 and 2030. The overall market value is expected to reach US$ 16.13 Bn by the end of 2030. The global market value is estimated to reach US$ 2.08 Bn by the end of 2020. The global meat sector at present is facing unprecedented level of disruption and competition, due to mounting growth of plant-based alternatives across many categories. Earlier, plant-based meat alternative products warranted limited shelf space and were meant for niche consumers. With increased awareness of “Veganuary” multiple manufacturers have expanded new product line for plant-based products owing to increased vegan or indeed flexitarian diet.…
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Electrical Testing Services Market witnessing a robust growth rate of over 6.9% during the forecast period 2018-2028
Electrification efforts of emerging economies are providing a progressive platform to electrical testing services market. The developments in electricity infrastructure of the countries is thriving at rapid pace, and the move is intended to provide affordable and uninterrupted electricity to different parts across the globe. This also demands installation of power transmission equipment such as transformers, which will have a direct impact on the demand for electrical testing services market. Get | Download Sample Copy with Graphs & List of Figures Click Here: According to a recent market forecast by Future Market Insights, the global electrical testing services market is expected to reach a market value of over US$ 7,800 Mn by…
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Global Citrus Gummies Market revenues set to surpass US$ 341Mn by 2027 – FMI
Future Market Insights (FMI) pegs citrus gummies market to grow 5.9% CAGR in terms of volume, with revenues set to surpass 341Mn by 2027. The report attributes the growth of the market to a cohort of factors, notably a spike in immunity-boosting supplements in the COVID-era. Owing to its strong nutritional profile, citrus gummies have emerged as an ideal option for consumers seeking healthy and tasty nutraceutical supplements. According to the study, the sweet taste and availability of different flavors of citrus flavors give it an edge over conventional nutritional pills. Likewise, health benefits of citrus gummies such as immunity enhancement, improvement of bone health, and an overall reduction of nutritional deficiency will…
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Optimized Life-Cycle Expenses and Low Maintenance Make Green Power a Preferred Choice for Power Transformer Market : FMI
The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR of 4.6%. Focus on upgrading the existing power grid network with modern energy technology for flexible, secure, efficient, and reliable supply of power will emerge as a chief growth driver. Transformers are critical component in power transmission system as their main function is to receive power with low voltage and transmit it…
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Global Astaxanthin Market anticipated to reach US$ 624.1 Mn by 2030 – FMI
The global astaxanthin market is projected to reflect an impressive growth with a CAGR of 13.8 % over the projected period from 2020-2030. According to a new FMI report has stated that this upsurge was mainly due to growing awareness concerning potential antioxidant attributes and efficiency in eradicating chronic conditions. The North American astaxanthin market is expected tower over the global landscape. It is anticipated to reach US$ 624.1 Mn by 2030. Extensive campaigns to promote consumption is likely to drive growth in the future. This has motivated several vendors to establish businesses across the U.S and Canadian landscapes. “Shift towards natural therapeutic alternatives to cure chronic diseases in addition to growing prevalence…
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Bulk Food Ingredients Market registering a GAGR 4.90% by 2031
Increasing demand for packaged, ready-to-eat meals and instant foods is improving growth prospects for the global bulk food ingredients market. Future Market Insights (FMI) has projected the overall market value to reach US$ 771.6 Bn in 2021, registering year-over-year growth at 4.90%. Amid soaring competition, top five players including DuPont, Cargill Foods Inc., Archer Daniels Midland Company, Associated British Foods plc, Koninklijke DSM N.V. are projected to account for approximately 20-25% of the total market share. The bulk food ingredients market players earn a major part of the revenue from ready-to-eat food industry. As COVID-19 impacts short-term prospects, market players are readying themselves for sustained growth in the long run. Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-12673…
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Carbide Tools Market By Product Type- Circular Saw Blades, CNC Inserts, Router Bits for 2018-2028
Future Market Insights (FMI)’s upcoming research study on the global Carbide Tools market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Carbide Tools market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Carbide Tools market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis. Get | Download Sample Copy with TOC, Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-1775 COVID-19 Impact Analysis As with many industries, the recent outbreak of the COVID-19 has adversely affected the…
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Dewatering Pumps Market is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.
The global dewatering pumps market is identified as a fairly concentrated market with the organized sector having a share of around 49% of the global market followed by Tier 2 and small scale manufacturers. The principal aim of the manufacturers has been the expansion of market footprint via extension of their product portfolio and strengthening of the sales and distribution network. Leading players in the market are focused to shift their production bases to Asia Pacific in order to capitalize on the economies of scale. The global market, characteristically, is poignant towards consolidation. Several mergers were seen during the recent past; the same trend is anticipated to continue over the…
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Global Plant-based Chicken Market is poised to reach US$ 8 Bn by 2030-end
The global plant based chicken market is poised to reach US$ 8 Bn by 2030-end, registering double-digit growth from 2020-2030, according to ESOMAR-certified Future Market Insights’ (FMI) latest report on the subject. A recent market study published by Future Market Insights on the plant based chicken market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the Plant Based Chicken market, the growth prospects of the market are obtained with maximum precision. Demand for plant-based food products is accelerating. Rising health and animal…
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Citrus Water Market projected reflect an exponential 17.1% CAGR between 2020 and 2028
The food and beverage industry has in recent years been increasingly witnessing a rising demand for natural and functional ingredients, as health consciousness continues to rise among varied consumer demographics. This is a major factor that has been influencing the growth of the citrus products. The citrus pulp market continues to be lucrative, while demand for other citrus products, such as citrus water is on the rise. The global citrus water market reached a valuation of US$ 5.8 billion in 2019. The citrus water market is projected reflect an exponential 17.1% CAGR between 2020 and 2028. As per a recent report released by Future Market Insights, the citrus water market is estimated…
