The global cocoa powder market was valued at US$ 2.56 Bn in the year 2020 and is expected to witness a CAGR of 2.9% between 2022 and 2032. A mixture known as cocoa powder is what’s left behind after the cacao beans’ cocoa butter has been removed. These days, chocolate syrup, chocolates, and confectioneries all require this …
Monthly Archives: October 2023
Bottling the Future: Insights into the Dynamic PET Packaging Market, Expected To Rise To US$ 130.4 Billion By 2033
Introduction In an era of rapid industrialization and innovation, packaging plays a pivotal role in the preservation and presentation of products. Among the multitude of packaging materials, PET, or Polyethylene Terephthalate, has emerged as a game-changer. This article delves deep into the PET Packaging Market, shedding light on its growth, applications, and impact on various industries. …
Fast-Moving and Fresh: Unpacking the Trends in the FMCG Packaging Market, Anticipated To Cross A Value Of US$ 778.7 Billion By 2033.
FMCG packaging market is anticipated to expand its roots at an average CAGR of 5.8% between 2023 and 2033. The market is expected to have a market share of US$ 778.7 billion by 2033 while it is likely to be valued at US$ 443.1 billion in 2023 The restoration of the FMCG industry, rising awareness …
Elevating Health and Wellness Exploring the 6% CAGR Surge in the Functional Beverages Market from 2022 to 2032
The functional beverages market is projected to record a CAGR of 6% from 2022 to 2032. Functional beverages are carefully crafted, RTD products distributed in varied flavours. Many manufacturers use packaging and labelling for advertising ingredients and nutritional value by marketing their products as healthy, vegan, or plant-based. Functional beverages are gradually becoming a staple of diets, …
Rising Food Preservation Needs Anticipated to Propel Calcium Propionate Market to US$ 498 Million by 2032
The Calcium Propionate market is experiencing steady growth as consumers seek healthier and longer-lasting food products. This versatile food additive, commonly used as a preservative, prevents mold and bacterial growth in various baked goods, dairy products, and processed foods. With increasing health consciousness, manufacturers are opting for Calcium Propionate over other preservatives due to its …
Signs of the Times: A Comprehensive Look at the Signage Market Trends, With A Forecasted Value Of US$ 63.3 Billion By 2031
Introduction In today’s fast-paced world, effective signage is essential for businesses and organizations to grab attention, convey messages, and enhance brand visibility. The Signage Market plays a pivotal role in meeting these demands. In this comprehensive guide, we will explore various aspects of the Signage Market, shedding light on its growth, trends, and opportunities. Let’s …
Elevating Livestock Nutrition: Animal Feed Ingredients Market Gains Momentum to Cross a Value of US$ 60.65 billion by 2033
The Animal Feed Ingredients Market is witnessing rapid growth as the demand for high-quality animal nutrition surges. Farmers are increasingly seeking innovative ingredients to enhance livestock performance. Protein-rich sources like soybean meal and fishmeal remain staples, but novel alternatives such as insect meal and algae are gaining traction due to their sustainability benefits. The Animal Feed …
Sipping Sustainability: Trends and Innovations in the Eco-Friendly Straws Market, Anticipated To Surpass US$ 22.07 Billion By The Year 2033
Introduction In a world increasingly focused on sustainability, the Eco-Friendly Straws Market has emerged as a beacon of hope. As environmental awareness grows, so does the demand for eco-conscious alternatives to plastic straws. These eco-friendly straws offer a guilt-free way to enjoy your favorite beverages while reducing plastic waste. In this comprehensive guide, we will delve into …
Hyperbaric Oxygen Therapy Devices Market: Soaring to a US$ 6.86 Billion Altitude by 2033, Pioneering Medical Oxygenation Advancements
The hyperbaric oxygen therapy devices market is projected to reach US$3.47 billion by 2023. Between 2023 and 2033, demand for equipment for hyperbaric oxygen therapy is anticipated to grow at a 7.0% CAGR, reaching about US$ 6.86 billion by that year. The hyperbaric oxygen therapy devices industry is experiencing significant growth due to the rising …
Fueling the Future The Non-Dairy Creamer Market’s Remarkable Growth from US$ 1.7 Billion to US$ 3.4 Billion by 2033
The non-dairy creamer market refers to the segment of the food industry that produces and sells non-dairy alternatives to traditional dairy creamers. Non-dairy creamers are commonly used as substitutes for milk or cream in beverages such as coffee and tea, and they are also used in various food applications like desserts, soups, and sauces. The non-dairy creamer market is …