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Global Myrrh Powder demand is anticipated to grow at a CAGR of 4.2% over the forecast period. Myrrh is a natural reddish-brown rubber or resin extracted from numerous small tree species. Myrrh powder is known for its transparency and darkening. Myrrh powder is one of the important ingredients in the manufacture of Egyptian perfumes. It is a resin powder with …
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As per the market analysis at FMI, the hyperlocal grocery Delivery market is valued at US$ 38.5 Billion in 2022 and is likely to reach US$ 81.5 billion by 2032, flourishing at a promising CAGR of 7.8%. Being prevalent in consumer and local retail stores, hyperlocal grocery delivery platforms have gained popularity within the millennial generation while wooing the elder people by …
The global halal food market is set to witness growth at a CAGR of 9.7% and top a valuation of US$ 3.0 Tn by 2032. When it comes to halal certification, many Islamic countries have their own set of rules and restrictions. However, the Malaysian government has worked to establish a global halal standard. Malaysia’s Research Centre for Islamic Affairs established …
The global synbiotic products market is set to witness growth at a CAGR of 7.5% over the forecast period, reaching US$ 598 Mn by 2032. Synbiotics are a synergistic combination of prebiotics and probiotics that promote the growth and survival of gut bacteria that live in the intestine and colon of the gastrointestinal system. Synbiotics were created …
The global methionine market size is expected to reach US$ 5.57 Billion in 2032. The methionine market is growing rapidly. Methionine is a key component used on finfish, crustaceans, and shrimps. It is a vital amino acid found in humans. It plays a vital role in the health and metabolism of many species, including humans. Supplementation of methionine benefits those suffering from copper poisoning. …
The global RTD cocktail shots market recorded a year-on-year (YoY) growth of 30.4% in 2022, surpassing US$ 3,708 Mn. The overall sales in the RTD cocktail shots market are expected to increase at a CAGR of 10.0% to reach the value of US$ 9,633 Mn in 2032. According to Future Market Insights (FMI), the demand for RTD cocktail shots is expected to surge with growing consumption of …
Global tartrazine market is projected to reach a valuation of US$ 120 Mn in 2022, with demand growing at a 7.0% CAGR over the forecast period. Against this backdrop, the market valuation is projected to reach US$ 245 Mn by 2032. Tartrazine is food coloring synthetic lemon-yellow azo dye. Tartrazine is commonly used color globally. It is primarily yellow and can be assorted …
The global industrial alcohol market is expected to witness growth at a CAGR of 7.6% in the forecast period (2022-2032) and is likely to be valued at US$ 194.7 Bn by 2032. Alcohol-based sanitizers are considered to be powerful cleaning agents that are used in a wide range of industries to disinfect machinery and equipment. Increasing consumer preference for sanitizers is set …
The global kid snacks market garnered a market value of US$ 59,130.7 Million in 2022 and is expected to accumulate a market value of US$ 1,26,464.9 Million by registering a CAGR of 7.9% in the forecast period 2022-2032. A snack is a portion of food that is generally consumed in casual occasions or in between meals. Snacks are smaller than regular meals and are available in variety …
The global resistant starch market is set to witness growth at a CAGR of 6.6% during the forecast period, totaling a valuation of US$ 19.9 Bn by 2032. Rising demand for high fiber resistant starch due to its health benefits and increasing applications in food manufacturing industries are some of the key factors stimulating growth in the global resistant starch market. …
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