The taste modulators market is expected to reach US$ 1.6 billion by 2023. It is estimated to reach US$ 3.0 billion by 2033, with a CAGR of 6.3% from 2023 to 2033. Increasing health and fitness awareness, consumption of low-calorie and low-fat foods, and rising diabetes and obesity rates are expected to fuel the market growth The …
Monthly Archives: October 2023
Automotive Appearance Chemicals Market on a Rapid Rise: US$ 49.4 Billion by 2033 at 4.9% CAGR
The global automotive appearance chemicals market is poised for significant growth, with a projected high-paced Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period. In 2023, the market is valued at US$ 30.7 billion, and it is anticipated to reach an impressive high of US$ 49.4 billion by 2033, reflecting a robust expansion …
A Look Back at the US$ 85.52 Billion Colour Cosmetics Market with a 5% CAGR Forecast by 2032 | FMI
The global colour cosmetics market leads to a forecasted CAGR of 5% in the global market during the forecast period and registers a revenue valued at US$ 52.5 Billion in 2022 and is expected to cross US$ 85.52 Billion by 2032. Thanks to the growth of distribution channels and the growing adoption of social media platforms, sales of colour cosmetics have skyrocketed. Additionally, …
Analyzing the Europe Polybutylene Succinate Market: Anticipated 14.3% CAGR Growth by 2033
According to FMI, the Europe polybutylene succinate market is anticipated to achieve a robust Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period from 2023 to 2033. Europe’s petro-based PBS (Polybutylene Succinate) demand is poised for a significant transformation, with consumers increasingly favoring bio-based PBS as a more environmentally sustainable option. This shift …
Valencene Market on a Global Scale Anticipates a 5.2% Compound Annual Growth Rate, Aiming to Attain US$ 9.2 Million by 2033 | FMI
According to a recent FMI report, the global valencene market is expected to grow at a CAGR of 5.2%. The market value is anticipated to increase from US$ 5.5 Mn in 2023 to US$ 9.2 Mn by 2033. Valencene is a natural compound found in Valencia oranges and is used as a flavoring agent in the food …
Intelligent Fencing Market Surges with a Projected CAGR of 6.4%, Expected to Reach US$ 1,100.0 Million by 2032
Demand for intelligent fencing market is expected to be worth US$ 589.0 million globally in 2022 and is projected to increase at a CAGR of 6.4% to US$ 1,100.0 million globally from 2022 to 2032. The increase in security and safety concerns is blamed for growth. To detect and stop perimeter intrusion, intelligent fencing is an …
Cinnamic Aldehyde Industry Forecast: Steady Expansion at 5.2% CAGR by 2032
Cinnamic aldehyde, also known as cinnamaldehyde, is a highly aromatic organic compound found in the bark of cinnamon trees and other plant sources. This versatile chemical compound has gained prominence not only in the culinary world but also in various industries, including fragrance, food, and pharmaceuticals. Demand for cinnamic aldehydes worldwide is projected to be …
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Postbiotic Pet Food Market Expected to Surpass US$ 1.23 Billion at 6% CAGR by 2033, According to Future Market Insights, Inc.
According to a recent report by FMI, the global postbiotic pet food market is expected to grow at a CAGR of 6%. The market is estimated to surge from a valuation of nearly US$ 856.40 Mn in 2023 to US$ 1,231.58 Mn by the end of 2033. The postbiotic pet food market is expected to grow significantly …
Artificial Intelligence in Telecommunication Market: A Bright Future with an Anticipated US$ 14,496 Million by 2033
The global artificial intelligence in telecommunications market is anticipated to be valued at US$ 918.6 million in 2022 and US$ 10,399.9 million by 2032, with a CAGR of 27.5% from 2022 to 2032. The acceptance of artificial intelligence in telecommunications is growing as telecom organisations use AI in various aspects of their operations, such as …
Healthcare Contact Center Solution Market on the Rise: Expected to Exceed US$ 49,256.8 Million by 2033
The global healthcare contact center solution market is expected to reach US$ 7,999.6 million by the year 2023. Looking ahead, the market is projected to exceed a value of US$ 49,256.8 million by 2033, with a consistent growth rate of 19.9% annually until 2033. In the recent past, from 2018 to 2022, the healthcare contact …