The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Coconut Water Market. The report features insights into the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2020 to …
Monthly Archives: September 2023
Sports Nutrition Market to Reach US$ 61.6 Billion by 2033, Growing at an Impressive 11.5% CAGR
The Sports Nutrition Market is experiencing remarkable growth, with its value increasing from US$ 24.8 billion in 2022 to US$ 26.7 billion in 2023. Projections are even more exciting, with an expected value of US$ 61.6 billion by 2033, representing an impressive 11.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. This growth is …
Plant-Based Yogurt Market: Exploring the Rapid Growth of Dairy-Free Yogurt Alternatives and Consumer Preference Shifts
The vegan and flexitarian population is increasing rapidly across the globe. Plant-based yogurts are being perceived as more sustainable and better for the environment as compared to dairy-based yogurts. Plant-based yogurt products are either made from nut-based milk or cereals, legumes, or seeds-based milk. As more consumers choose vegan and dairy-free options, the plant-based yoghurt industry is …
CBD Oil Market Predicted to Grow by 31% by 2033: An Extensive Examination of the Global CBD Oil Industry, Market Dynamics, and Regulatory Developments
As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million. The CBD Oil market is witnessing remarkable growth as more …
Energy Drinks Market Projected to Surpass US$ 125,001.16 Million by 2032
The global energy drink market is anticipated to reach a value of US$ 69.8 Bn in 2022, with sales growing at a healthy CAGR of 6.0% over the forecast period of 2022-2032. The market is estimated to reach US$ 125,001.16 Million by 2032. Increasing popularity of energy drinks coupled with a wide variety of products offered in the …
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SD-WAN Security Market to Surge, Expected to Reach $20.5 Billion by 2033
The SD-WAN Security Market witnessed impressive growth in 2022, with revenue totaling approximately US$ 2.5 Billion. As businesses increasingly prioritize network security and reliability, the SD-WAN security market is poised for substantial expansion. Projections indicate that by 2033, this market is expected to surge to a remarkable US$ 20.5 Billion, marking a notable CAGR of 21.2% from …
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Mycelium Packaging Revolution: A Natural, Renewable, and Customizable Alternative to Traditional Materials
The mycelium packaging market is expected to grow significantly over the next decade. By 2023, it is projected to reach a value of US$74 million, rising to US$187 million by 2033, with a CAGR of 9.7%. Mycelium packaging refers to the use of mycelium, the root structure of mushrooms, as a sustainable and eco-friendly alternative to standard …
Growing Demand for Seaweed Packaging as a Biodegradable and Compostable Alternative to Plastic
FMI has projected the seaweed packaging market to reach a valuation of US$ 682.1 million in 2023 and expected to rise to US$ 1,224.5 million by 2033, with a significant compound annual growth rate (CAGR) of 6.0% during the forecast period. The seaweed packaging industry is gaining traction due to concerns over plastic waste and the need …
Surging Demand in Food Industries Propels Growth in the United States & Canada Cold Chain Packaging Market to Reach US$ 21.8 Billion by 2033
The United States & Canada cold chain packaging market is on a robust growth trajectory, poised to exceed a valuation of US$ 6.9 billion in 2023. This surge is underpinned by a remarkable compound annual growth rate (CAGR) of 12.2% projected for the period from 2023 to 2033, ultimately reaching an impressive valuation of US$ …
Industrial Food Milling Machine Market Poised to Achieve US$ 244 Million by 2033, Propelled by 4.9% CAGR
The global industrial food milling machine market is on the verge of substantial growth, with projections indicating a surge from US$ 151.3 million in 2023 to US$ 244.0 million by 2033. This market is poised to maintain an accelerated sales pace, driven by a robust Compound Annual Growth Rate (CAGR) of 4.9% throughout the forecast period spanning …