Monthly Archives: May 2023

The global demand for Smart and Interactive Textiles is projected to increase at a CAGR of 25.88% during the forecast period between 2022 and 2032, reaching a total of US$ 2.6 Billion in 2022 and US$ 26.4 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, …

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The Complexion Analysis System analyses eight ranges that affect the appearance and health of your skin as it studies the skin and gathers important visual data using multi-spectral imaging. Global demand for complexity analysis systems is anticipated to be valued at US$ 344.1 million in 2022 and to rise to US$ 698.6 million between 2022 and …

Continue reading “Complexion Analysis System Market is Anticipated to Grow at a CAGR of 7.3% from 2022 to 2032 | Report by 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 …

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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 …

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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 …

Continue reading “Chocolate Flavors Market is Poised to Expand at a Decent 4.7% CAGR till 2033 | FMI”

By 2033, it is anticipated that the USA food service market would be worth US$ 1995.0 billion. By 2023, it is projected to reach a valuation of around US$ 985.5 billion. The market is anticipated to increase significantly between 2023 and 2033, with a CAGR of 7.3%. About 26.3% of all food expenses in 1970 were spent …

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The palm oil market is anticipated to expand its roots at an average CAGR of 4.48% between 2023 and 2033. The market is expected to have a market share of US$ 109.97 billion by 2033 while it is likely to be valued at US$ 70.95 billion in 2023 Palm oil of refined and non-refined grades have their …

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The hard seltzer market is growing at an unprecedented pace and is expected to reach a valuation of US$ 76.87 billion by 2033, with a projected CAGR of 16.46% between 2023 and 2033. Key Takeaways from the Hard Seltzer Market The growing demand for hard seltzer can be attributed to various factors, including the drink’s low-calorie content, …

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