The global knife sterilizer market is expected to grow from US$ 657.5 Million in 2023 to US$ 918.5 Million by 2033, with overall sales increasing at a 3.4% annual rate during the forecast period. The increasing use of knife sterilisers in industrial kitchens, households, restaurants, and the meat industry is driving the global knife steriliser market. Knife sterilisers are machines that...

According to Future Market Insights, the global industrial chiller market will grow at an 8.8% CAGR. (FMI). The industrial chiller market will be worth US$ 10,459.3 million by 2033, up from US$ 4,500.0 million in 2023. At the end of 2022, the market was worth US$ 4,500.0 million. Another important factor expected to boost the market is an increase in frozen food consumption as people adopt more...

According to a recent FMI report, the global thread milling machine market is expected to grow at a CAGR of 5.1% in the forecast period from 2023 to 2033. The market is anticipated to be valued at US$ 17,437.7 Million in 2023 and reach US$ 28,675.9 Million by the end of 2033.   The thread milling machine has been around for over a hundred years and...

The Destemmer machine market size has been valued at US$ 1,332.1 Million in 2023 and is expected to grow to US$ 2,211.5 Million by 2033, at a CAGR of 5.2% during the forecast period. Increased efficiency and productivity, as well as improved wine quality, are among the benefits of using a destemmer Machine. The increasing exports of wine across the world are one of the main factors driving the...

Future Market Insights predicts that the global paint mixing market is likely to expand at a CAGR of 4.9% over the forecasted period. According to projections, the market is expected to be worth US$ 28,578.5 Million by 2033, up from US$ 17,712.7 Million in 2023. The major drivers of the market are the rising demand for ecologically friendly paints and coatings, rising R&D investments in...

According to the recent FMI report, the market size for mill pulverizer is anticipated to cross a value of US$ 1,939.4 Million in 2033, growing at a CAGR of 5.2% approximately between 2023 and 2033. The global industry expansion due to rapid urbanization and population growth would lead the market to new heights. This market would likely to achieve a value of US$ 1,934.4 Million in 2033. As per...

The global beer fermenter market is poised to register a valuation of US$1,152.2 million in 2023. In 2033, the market is expected to reach a US$ 1,609.7 million valuation. FMI predicts market expansion from 2023 to 2033 at a slow CAGR of 3.4%. Beer fermenters are used for producing beer and their use is set to substantially increase in the coming years in both...

The demand for horse-drawn farming equipment is expected to rise at a CAGR of 5.5% during the forecast period. The horse-drawn farming equipment market share is anticipated to be approximately US$ 4.48 billion in 2023. By going through a positive transition, the market value of horse-drawn farming equipment is anticipated to reach US$ 7.66 billion by...

According to the recent analysis by Future Market Insights, Inc., the global food preservation equipment market size is anticipated to cross US$ 78.6 billion in 2033, with overall sales accelerating at a CAGR of 6.2% throughout the forecast period (2023 to 2033). Growing focus on reducing food wastage to improve food security worldwide is a key factor...

The electric motor market is expected to create a stupendous growth opportunity, exhibiting year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. According to the FMI analysis, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million units. The global electric motor market is anticipated to...