In 2023, the global jumbo bags market would reach a value of US$ 6.1 billion. From 2023 to 2033, it would expand at a CAGR of 4.2%. By 2033, it would be valued at more than US$ 9.9 billion. Plastic products have become a part of daily life worldwide. As a result, these are produced at a massive scale across…
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According to recent market research by FMI, the global disposable cutlery market is projected to reach a value of US$ 2.6 billion by 2033, with an anticipated size of US$ 1.6 billion in 2023. The forecast period is expected to see a Compound Annual Growth Rate (CAGR) of 4.9%. The lightweight nature of disposable cutlery…
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The avocado oil market was valued US$ 287.2 million in 2022, and it is expected to be worth US$ 975 million by 2033, increasing at a CAGR of 5.9% through 2033. The health-conscious populace, particularly those who are struggling with weight issues, becomes the dominant avocado oil customer base since avocado oil’s nutrient composition boasts of a greater content…
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The global barrier-coated papers market, with a recorded overall valuation of US$ 4,640.1 million in 2022, is primed for growth, expecting a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2033. Projections indicate a significant increase to US$ 7,571.9 million by 2033. The rising demand for barrier-coated papers stems largely from their widespread…
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The bubble wrap packaging market is anticipated to experience rapid growth, with a projected Compound Annual Growth Rate (CAGR) of 3.1% between 2024 and 2034. Projections indicate that by 2034, the market is poised to achieve a valuation of US$ 4.2 billion. This upward trajectory underscores the increasing demand for protective packaging solutions, driven by…
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The global Hydroponics Industry is set to witness a flourishing growth trajectory with a projected CAGR of 7% over the forecast period, according to a Future Market Insights analysis. Valued at US$ 2.78 billion in 2023, the hydroponics sector is poised to escalate to US$ 5.70 billion by 2033, demonstrating its transformative potential in modern agriculture….
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The surge in demand for Solid Bleached Board is fueled by its widespread usage across diverse end-user industries, particularly the packaging sector. SBB’s versatility makes it highly sought after for a variety of packaging applications, offering exceptional capabilities for cutting, creasing, stamping, and embossing. Solid Bleached Board (SBB) is a type of paperboard known for its…
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The North American market for vegan tuna is poised to experience a Compound Annual Growth Rate (CAGR) of 4.2% from 2022 to 2032. As per a recent report from FMI, the sales of vegan tuna are projected to exceed USD 426.8 million by the year 2032, demonstrating an approximate 4.3% CAGR until the end of the forecast…
The organic acid market is expected to reach a valuation of US$ 11.3 Bn in 2022. Sales of organic acids are anticipated to increase at a CAGR of 5.3%, reaching a valuation of US$ 18.8 Bn by 2032. Organic acid is used in the food and beverage sector as a preservative to prolong the shelf life of food without altering its taste or flavour. It…
As per the recent report from FMI, the sales of egg replacers are projected to exceed a valuation of US$ 1.5 billion in 2032, indicating a growth rate of approximately 5.4% until the conclusion of 2032. Global food preferences have undergone significant changes in the past decade, with a notable increase in the popularity of vegan food….
