GCC Functional Food Market: The revenue generated by the sales of functional foods in GCC countries is likely to be over US$ 30.9 Billion by 2032, and is expected to grow at a CAGR of 11% between 2022 and 2032. Nutraceuticals vertical in Middle East is expected to witness exponentiation in the forecast period. Market …
Monthly Archives: November 2023
Chickpea Market Surpasses US$ 15,519.9 Million by 2033
The global chickpea market is expected to grow at a CAGR of 6.9% between 2023 and 2033. Chickpea sales are expected to rise from US$ 7,948.2 million in 2023 to US$ 15,519.9 million by 2033. The chickpea sector is expected to grow significantly due to the numerous health benefits of legumes. The COVID-19 pandemic’s effects have been unprecedented and overwhelming …
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Middle East and North Africa Frozen Food Market on the Rise: Expected to Reach US$ 1,863.40 Million by 2033
In 2023, the value of the Middle East and North Africa frozen food market is anticipated to reach US$ 1,453.2 million. Fish, meat, poultry, vegetables, and other foods are kept at low temperatures for storage. Those are the foods that are frozen. Freshly made foods and cooked meals are regularly replaced by them. The two most extensively …
Packaged Food Market Set for Unprecedented Growth: Envisioned to Reach US$ 62,116,619.50 Million by 2033
By 2033, the worldwide packaged food market is expected to be worth US$ 62,11,619.50 million. According to our food and beverage industry analysts, packaged food providers should expect a CAGR of 4.3% through 2033, with a current valuation of US$ 40,79,495 million in 2023. Companies that place a premium on labelling and are transparent about their manufacturing processes are more likely …
Beer Market Soars to US$ 1,679.5 Billion in 2033 | Future Market Insights
In 2023, the worldwide beer market is expected to be worth US$ 759.1 billion. This figure is expected to rise to roughly US$1,679.5 billion by 2033. Notably, beer sales are expected to grow at a significant 7.6% CAGR throughout the forecast period. The development in desire for premium alcoholic beverages as a result of the increasing trend of socialising and …
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Global Poultry Brooder Market Anticipated to Cross US$ 15.04 Billion by 2033, Rising with a Steady 3.5% CAGR | Future Market Insights, Inc.
The global poultry brooder market is poised for substantial growth, with an anticipated valuation of approximately US$ 10.66 billion in 2023. Projections indicate a consistent journey of progress, featuring a Compound Annual Growth Rate (CAGR) of 3.5%, culminating in an impressive valuation of US$ 15.04 billion by 2033. However, amidst this promising trajectory, challenges emerge. In an …
Automatic Cattle Waterer Market Projected to Surpass US$ 975 Million Valuation by 2033, Propelled by an Average 5.7% CAGR
The driving force behind automatic cattle waterer market’s upward trajectory can be traced to a critical concern within the cattle industry – the escalating occurrence of infectious disease outbreaks. These outbreaks are often associated with shifting pathogen dynamics influenced by urbanization and ongoing environmental changes. A combination of factors, including rising temperatures leading to heat …
Global Knife Sterilizer Market Enroots to Surpass US$ 918.5 Million by 2033, Rising with a Steady 3.4% CAGR | Future Market Insights, Inc.
As we approach 2023, the knife sterilizer market is already making substantial strides, positioning itself for a valuation of US$ 657.5 million. The anticipated Compound Annual Growth Rate (CAGR) of 3.4% from 2023 to 2033 underscores the indispensable role these sterilizers play in preserving public health. By 2033, the market is expected to achieve an impressive valuation …
Global Catering Food Warmers Market Forecasted to Cross US$ 909.4 Million by 2033, Rising with a Decent 6.3% CAGR, Predicts FMI
Catering food warmers, essential table-top appliances catering to both domestic and restaurant settings, play a pivotal role in preserving the culinary excellence of dishes and ensuring operational efficiency in the world of gastronomy. Their primary purpose is to maintain the optimal serving temperature of prepared dishes, allowing chefs and caterers to present their culinary creations …
Heat Shrink Tubing and Sleeves Market Forecasted to Surpass US$ 3,865 Million by 2033, Rising at a Decent CAGR of 6.2% | FMI
A pivotal catalyst behind the heat shrink tubing and sleeves market’s remarkable growth is the rapid pace of urbanization and the expanding global population. As cities continue to burgeon and accommodate a growing number of residents and businesses, there arises an escalating demand for dependable electrical distribution infrastructure. The surge in construction and development, encompassing …