According to a recent study by FMI, the conversational AI market is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth …
Monthly Archives: September 2022
Basil Extract Market 2022, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2032
The global Basil Extract market garnered US$ 55 Million in 2021 and is likely to exhibit a Y-o-Y increase of 3.6% to be valued at US$ 57 Million in 2022. The primary driver for the growth of the basil extract market is considered to be the upsurged demand for stress-reducing pills and the common cold. Basilis a culinary herbwhich is also known as …
Alpha-lactalbumin Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032
Alpha-lactalbumin is a natural whey protein consisting of essential amino-acid, making it a unique bioactive milk protein. This protein regulates the synthesis of lactose in all most all mammalian species. Alpha-lactalbumin is use full in making infant formula and other proteins for sports person and other health-conscious consumers. Alpha-lactalbumin helps in synthesizing lactose, which eventually builds up …
Molluscs Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast To 2032
The molluscs market is expected to see a substantial CAGR of 4.5%, and is projected to increase from 60.72 billion in 2021 to 98.54 billion by 2032. The growth of the global mollusc market is being driven by consumers’ preference for protein-rich diets over high-calorie foods. Due to the rising adoption of molluscs and the reduced risk of chronic …
Vegetable Dicing Machines Market Growth, Future Prospects and Competitive Analysis 2022 to 2032
The global vegetable dicing machines market is set to witness growth at a CAGR of 4.3% over the forecast period (2022-2032) and top a valuation of USD 2,302.3 Mn by 2032. Due to their multiple favorable qualities, including quality control, durability, hygiene, and preservation, vegetable dicing machines are widely used in a variety of industries, including bakery and confectionery, meat, seafood, …
Gluten-free pizza crust Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032
The global gluten-free pizza crust market size is projected to be valued at US$ 3.3 Bn in 2022 and is expected to witness growth at 7% CAGR between 2022 and 2032. Increasing consumption of fast-food coupled with rising prevalence of gluten-intolerance is driving the demand in the market. The gluten-free pizza crust is used to prepare crisp and tender pizza dough, …
Soy-based Food Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032
The global soy-based food market is set to witness growth at a CAGR of 5.8% over the forecast period (2022-2032) and top a valuation of USD 27.1 Bn by 2032. Nutritious value and versatility of ingestible forms act as growth levers for the global soy-based food market. As consumers move towards health-conscious diets, soy food products present an ideal alternative for …
Polyols Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2032
The polyols market is projected to register a CAGR of 6.3% during the forecast period, up from US$ 25.5 Bn in 2022 to reach a valuation of US$ 35.5 Bn by 2026. The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Polyols Market. The report features …
Multifunctional Food Ingredients Market Growth, Future Prospects And Competitive Analysis 2022 to 2032
The multifunctional food ingredients market was valued at USD 134.7 billion in 2020 and is projected to reach USD 178.3 billion by 2025, recording a CAGR of 7.9% during the forecast period. Gums, gluten, lipids, and other costly or harmful substances are replaced with multifunctional food ingredients. Food ingredients are used in food manufacturing industry to get desired …
Areca Nut Market: Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2032
Global areca nut demand is anticipated to be valued at US$ 834.0 Million in 2022, forecast to grow at a CAGR of 5.6% to be valued at US$ 1438.2 Million from 2022 to 2032. Areca nut is the fruit produced from the palm trees of South East Asia. Although, the production of areca nut is dependent on the …