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The global food processing equipment market size was valued at USD 52.74 billion in 2017 and is estimated to witness a CAGR of 6.2% over the forecast period. Rapidly expanding F&B sector across the globe is anticipated to drive the market. Factors such as rising disposable income levels, rapid globalization, and adoption of automated technologies, trigger the growth of this market. Growing pressure on the processing industry due to increasing demand for processed and packaged food products as a result of rising population will contribute to the market expansion. Read More »
The global compressor oil market size was valued at USD 3.75 billion in 2017. The demand for the product has witnessed upsurge over past few years, which can be attributed to expansion of end-use industries including manufacturing, food processing, chemical, automotive, construction, and aerospace. Compressor oils ensure smoother operation and help in reducing the downtime and repair of the machine. Read More »
The global bicycle market size is expected to reach USD 75.47 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.1% over the forecast period. Increasing adoption... Read More »
The global biomaterial market size is expected to reach USD 250.4 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 14.7% during the forecast period. Technological innovations in the ... Read More »