The global industrial margarine market is expected to record a CAGR of 5.1% between 2023 and 2033. In 2023, the market valuation is expected to be at US$ 2.69 billion. By 2033, the figures are expected to surge beyond US$ 4.42 billion. The world has been witnessing an increase in lactose intolerance cases. The experts believe that …
Monthly Archives: May 2023
Catering Services Market Overview on Changing Dynamics & Trends with Growth Analysis by 2033 | FMI
As per the market survey report, the catering services market worldwide generated a revenue of around US$ 565 million in the year 2018. Though the market followed a steeply rising curve in the following years, the average CAGR until 2022 has been brought down to 1.2%. This tragic downfall in demand for catering services was a consequence …
Hazelnut market, which is estimated to reach a valuation of US$ 17.69 billion in 2023, is projected to record a CAGR of 8.8% to US$ 41.12 billion by 2033
The hazelnut market, which was estimated to be worth US$ 17.69 billion in 2023, is poised to record by 8.8% CAGR to US$ 41.12 billion by 2033. The expanding health benefits of eating hazelnuts are predicted to fuel substantial demand potential over the forecast period. The Dynamics of the Global Hazelnut Market Sales of Hazelnut Spurred …
Chocolate Flavors Market is Poised to Expand at a Decent 4.7% CAGR till 2033 | FMI
The chocolate flavors market is anticipated to reach US$ 651.50 million in revenue by 2033 from its predicted value of US$ 411.58 million in 2023. During this period, the market is estimated to register a CAGR of 4.7%. The beneficial flavonoids found in cocoa, which give chocolate flavors their distinct taste, are widely recognized. The antioxidant properties of the chocolate flavors include …
Middle East Food Premix Market is rising by 10.1% CAGR through the time period of 2033
As per a recent research report published by Future Market Insights, a market research and competitive intelligence provider, sales of Middle East food premixes are estimated to reach a value of US$ 512 million by 2033. The market is anticipated to record a CAGR of 10.1% over the forecast period. Premixes are becoming immensely popular because they are becoming highly aware …
The global Cider Market is expected to reach a valuation of US$ 27.3 billion by 2033
The cider market is anticipated to reach a valuation of US$ 17.9 billion by 2023 and a projected valuation of US$ 27.3 billion by 2033, as demand for cider surges with a steady 5.1% CAGR. Increased per capita income and drinking as a status symbol have contributed to a rise in the demand for premium spirits, which is one …
High-intensity Artificial Sweeteners Market will hold the place with value of US$ 3.28 Billion by 2033
The global high-intensity artificial sweeteners market is projected to have a moderate-paced CAGR of 3.7% during the forecast period. The current valuation of the high-intensity artificial sweeteners market is US$ 2.28 billion in 2023. The value of the high-intensity artificial sweeteners market is anticipated to reach a high of US$ 3.28 billion, by the year 2033. The …
Sales of Dairy Products Are Expected to Surpass US$ 845.50 billion by the time of 2033
According to FMI analysts, dairy products may reach a net worth of over US$ 845.50 billion in 2033, up from US$ 529.05 billion in 2023. This market is forecast to register a CAGR of 4.8% over the next ten years. Growing consumer demand for healthy on-the-go snack options drives sales of dairy products worldwide. Dairy-based products contain …
Vertical Mill Market Size Surpassing a valuation of US$ 2,291.5 Million by 2033
By 2023, the global vertical mill market is expected to be worth US$ 1,367.2 Million. During the forecast period (2023 to 2033), a moderate growth rate of 5.3% CAGR is predicted, and sales are likely to reach US$ 2,291.5 Million by the end of 2033. Industries like construction, food & beverage, aerospace, automotive, and aviation …
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Electric Milkshake Machine Market size are projected to cross a market valuation of US$ 2873.2 million by 2032
In 2022, the global market for electrical milkshake machines was worth US$ 1666.2 million. Between 2022 and 2032, the size of the global electric milkshake machine market is projected to increase at a 5.6% CAGR, reaching a value of US$ 2873.2 million by that time. The global market is being driven forward by rising consumption …