According to forecasts, the Asia Pacific nutraceutical market is expected to be US$ 90,482 million in 2023 and US$ 175,487.1 million by 2033. Due to rising urban health and wellness consciousness and rising disposable income among Chinese consumers, the market in China is expected to see excellent development prospects in the future. Chinese supplements provide a high …
Monthly Archives: September 2023
Black Tea Extracts Market: Riding the Wave of Natural and Functional Ingredients at US$ 217.6 million from 2023 to 2033
The black tea extracts market is expected to grow from US$ 137.5 million in 2023 to US$ 217.6 million by 2033, with a CAGR of 4.7% from 2023 to 2033. There is a major shift in increased demand for natural and functional components in the black tea extracts market. As it has grabbed the attention of health-conscious …
Exploring the Butter and Margarine Market Growth by US$ 8,135.4 Million in 2032
The Butter and Margarine market is a dynamic landscape driven by evolving consumer preferences and culinary trends. Butter, a traditional favorite, is valued for its rich flavor and natural appeal. Margarine, on the other hand, offers a lower-cost alternative with potential health benefits. As health consciousness rises, manufacturers are innovating to create trans-fat-free and plant-based margarine options. …
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Exploring the Growth Trajectory of the Fruit Pectin Market at a steady CAGR of 5.6% by 2032 | Future Market Insights Inc.
The fruit pectin market is witnessing growth due to its versatile applications in the food and beverage industry. Extracted from fruits like apples and citrus, pectin is a natural gelling agent and thickener used in jams, jellies, and confectionery. Its demand is driven by the rising preference for natural and clean-label ingredients. Additionally, the health-conscious consumer base …
Unveiling the Trends in the Butter Powder Market to row at the rate of CAGR 6.4% from 2023 to 2033
In 2023, the butter powder market has been evaluated to reach a global market value of US$ 2.4 billion. With a growth rate at a CAGR of 6.3% during the forecast period, this market is estimated to appreciate almost twice its market value globally in 2033. As per FMI, the butter powder market is approximated …
Apple Cider Vinegar Market to rise at US$ 1.08 Billion by 2032 | Future Market Insights Inc.
By 2032, the global Apple cider vinegar market net worth is projected to increase by 5.7% annually, reaching US$ 1.08 billion. Vinegar can be defined as a condiment made from various sugar and starchy materials processed through alcoholic and subsequent acetic fermentation. Apple cider vinegar is one type of vinegar, widely used as an antimicrobial and flavoring …
Botanical Flavors Market to Witness a CAGR of 8.6% through 2033 | Future Market Insights Inc.
The botanical flavors market is predicted to develop at an impressive 8.6% CAGR from 2023 to 2033, exceeding the lower 2.9% CAGR witnessed between 2018 and 2022. This significant rise in growth rate reflects high global demand and acceptance of botanical flavors, increasing the market value from US$ 8,233.6 million in 2023 to US$ 18,871 million by …
Revolutionizing the Melaleuca Alternifolia Market: A Decade of Unprecedented Growth by US$ 98 Million from 2022 to 2032
Melaleuca alternifolia, commonly known as tea tree, is a small tree native to Australia. The oil extracted from its leaves, known as tea tree oil, has gained significant popularity and is widely used in various industries. The Melaleuca alternifolia market refers to the market for tea tree oil and related products. Tea tree oil has been recognized …
Exploring the Booming Catalase Market Projected to Reach US$ 516.6 Million by 2032
The Catalase market is witnessing substantial growth due to its pivotal role in various industries. As an essential enzyme, Catalase plays a crucial role in catalyzing the decomposition of hydrogen peroxide into water and oxygen, thereby preventing cellular damage from oxidative stress. Its applications span across healthcare, food preservation, cosmetics, and biofuels. The rising demand for natural …
Ethylene Copolymers Market Set for Stable 4.2% CAGR Growth from 2023 to 2033
The period from 2023 to 2033 is expected to see a consistent CAGR of 4.2% for the global market. By 2033, the total market size is expected to increase from US$ 59.4 billion to US$ 89.6 billion. The market for ethylene copolymers was previously expanding at a CAGR of 3.5% from 2018 to 2022, with …
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