New Product Development
The global almond butter market is expected to reach a market valuation of US$ 643.0 Mn by the year 2021, accelerating with a CAGR of 6.7% by 2022-2032. Almond butter sales are likely to account for ~21% of the demand in the global plant-based butter market, valued at US$ 2.9 Bn in 2021. According to Future Market Insights, business to consumer (B2C) model has become …
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The global vegan yogurt market size is expected to reach a market valuation of US$ 2.2 Bn in 2022, with sales growing at a robust 8.9% CAGR over the forecast period. Vegan Yogurt Market Size (2022) US$ 2.2 Bn Vegan Yogurt Market Projected Size (2032) US$ 5.1 Bn Vegan Yogurt Value-based CAGR (2022-2032) 8.9% Vegan Yogurt Top 3 Countries Market Share …
The global gluten-free soup market is set to witness growth at a CAGR of 7.3% and is anticipated to reach a valuation of around US$ 4.6 Bn by 2032. As per a survey conducted by the Food Marketing Institute, over 80% of the population need access to thorough and ‘easy-to-understand’ ingredient lists on their labels. As a …
The global frozen snacks market is expected to reach a valuation of US$ 131.7 Bn in 2022. Sales are projected to grow at a 6.5% CAGR, with the market size reaching US$ 247.2 Bn in 2032. Growth can be attributed to the convenience offered by these products. As consumers are trying to keep up with their busy schedules, they are preferring packaged …
According to a recent report by Future Market Insights, total sales of rice milk market are estimated to reach a valuation of US$ 614.3 Mn in 2022, surging at a 6.2% CAGR over the assessment period. Rice milk has a flavor, taste, and texture that is very similar to cow’s milk, emerging as one of the most preferred plant-based milk substitutes. …
Global yacht charter sales is expected to grow at a healthy CAGR of over 5.4% during the forecast period 2021-2031, according to a study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study tracks yacht charter sales in 20+ countries, offering a lucid analysis on how growth trend will unfold. Market players have been attempting …
From 2017 to 2027, the global residential water treatment devices market is predicted to grow at a 9 percent CAGR, reaching a value of US$ 56 billion. Water is required for the life of all living beings while also being one of the most limited resources. Large-scale urbanisation, widespread pesticide use, and naturally occurring pollutants …
The global transport cases & boxes market to grow in conjunction with linear transition at a CAGR of 3.2% between 2022 and 2030. It is expected to reach US$ 2.1 Bn by the year 2030.y. Furthermore, opportunities also abound across the chemical industry, with prolific advancements in manufacturing and packaging technologies pushed by increasing concerns regarding safe …
Newly released data by Future Market Insights (FMI) shows that the global car rental services market is expected to reach a valuation of US$ 134 Bn in 2021. Growing popularity of ride-sharing services is expected to augment the growth of the market, pushing sales at a 7.2% CAGR over the assessment period. Attribute Details Car Rental Service Market Estimated Size 2021 …
The pet food ingredient market was valued at US$ 11.49 Bn in 2021 and is projected to grow at a CAGR of 5.4%, to reach a value of US$ 20.5 Bn by 2032. The market accounts for 6% of the overall pet care market which was valued at US$ 189 Bn in the year 2021. This growth is attributed to the current …
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