FMI | Industry news and insights

Future Market Insights, Dubai:Bakery products including bread witnessed an unprecedented spike in the first quarter of 2020 as consumers indulged in panic buying and stockpiling in response to lockdowns and stay-at-home orders. The onset of COVID-19 pandemic positioned baked products as a lasting and versatile snack or meal solution available at retail stores, suddenly fostering […]

Future Market Insights, Dubai: Global demand for pre-insulated pipes accounted for revenues worth US$ 7.5 Bn in 2019, witnessing an increase of 7.7% from that recorded in 2018. According to the latest forecast by Future Market Insights, potential advantages of pre-insulated pipes in terms of corrosion protection, surface strength, UV resistant, and low maintenance costs […]

Future Market Insights, Dubai:  According to the latest report by FMI, the global ibuprofen API market revenue totaled US$ 573 Mn in 2019. Gains remain primarily driven by large-scale manufacturing and increased demand for low-cost non-steroidal anti-inflammatory drugs (NSAIDs). In the light of COVID-19 outbreak, ibuprofen is facing contradictory evidence, following an online furor over […]

Future Market Insights, Dubai: Global spending on contactless biometrics technology is set to total US$ 16.6 Bn by 2020-end, with annual growth expected at a solid 16% rate over that registered in 2019. According to the latest report by Future Market Insights (FMI), the COVID-19 pandemic, which has created a sudden need for social distancing, […]

Ubiquitous social distancing by consumers drives the adoption of frozen food products as these can be stored for a long duration of time. Thioglycolates are crucial ingredient that enhances the shelf-life of frozen foods. On this favorable backdrop the global thioglycolates market will be valued at US$ 13.7 Mn by 2029. Up from the valuation […]

Future Market Insights, Dubai:According to the latest study of Future Market Insights (FMI), the global food grade gases market remained in a good shape in 2019, accounting for revenues worth over US$ 5.3 Bn. As with many industries, the market is significantly hit by the global outbreak of coronavirus in 2020, as halt in manufacturing […]

According to the latest forecast by Future Market Insights (FMI), the medical ventilators market is set to surpass a valuation worth US$ 1.3 Bn by 2020-end, with annual growth projected at an 8% rate over that witnessed in 2019. This year, medical ventilators have become one of the most important and in-demand medical supplies with […]

Future Market Insights (FMI), Dubai: The non-opioid pain patches market surpassed revenues worth US$ 3.1 Bn in 2019, witnessing a surge of 3.2% from that recorded in 2018. A detailed study by Future Market Insights (FMI) forecasts near- and long-term growth outlook of the non-opioid pain patches market. 2020 will be a challenging year for […]

Worldwide spending on cloud-based electronic laboratory notebook (ELN) services totaled US$ 215 Mn in 2019, and the number is projected to increase at a solid 11% by 2020-end. According to the latest forecast by Future Market Insights (FMI), the cloud ELN service `market growth in 2020 is clearly being driven by the current need for […]

Worldwide sales of hand sanitizers are on a track to total US$ 1.4 Bn in 2020, witnessing an increase of 5.8% year-over-year, according to Future Market Insights (FMI). With the rise of COVID-19 as a global pandemic, hand sanitizer has become one of the most sought-after consumer products on the market. 2020 will be a […]