The global passion fruit extract market size is expected US$ 634.9 million in 2023. The worldwide demand for passion fruit extracts is anticipated to rise at a CAGR of 8.4% from 2023 to 2033. The total market value is projected to reach US$ 1,420.3 million by 2033. The increasing usage of passion fruit extract as a cosmetic ingredient by cosmetics businesses, in response to …
Monthly Archives: December 2023
Eggshell Membrane Powder Market Grows Exponentially, Aiming for US$ 5.3 Billion by 2033 with a Robust CAGR 13.1%
The eggshell membrane powder market is likely to capture a valuation of US$ 1.4 billion in 2023. The market is estimated to rise to US$ 5.3 billion by 2033. The market is expected to register a CAGR of 13.1% during the forecast period. How Manufacturers Bring Opportunities in the Market? Manufacturers are bringing opportunities by developing innovative …
Products from Food Waste Market Transforms Sustainability, Poised to Reach US$ 85,905.0 Million by 2032 with a Steady 5%
The products from the food waste market are expected to reach a value of US$ 55,120 million in 2023. Sales of products related to food waste are anticipated to increase by 5% CAGR to US$ 85,905.0 million by 2033. The products from food waste industry are gaining significant traction due to the increasing demand for sustainable solutions for food …
Yogurt Powder Market Cultivates Growth, Envisioning US$ 535.4 Million by 2033 with a Resilient CAGR of 7.5%
The yogurt powder market has witnessed significant growth in recent years, driven by the rising demand for convenient and long-lasting dairy products. Yogurt powder is a dehydrated form of yogurt, obtained by removing the moisture content from fresh yogurt. It offers several advantages such as extended shelf life, ease of storage, and convenience in transportation. In 2023, …
Vanilla Bean Market Aims for Sweet Success, Targeting US$ 1.93 Billion by 2033 with a Steady CAGR of 4.4%
During the forecast period, the vanilla bean market is expected to grow at a 4.4% average CAGR. In 2023, the market is anticipated to have a share of US$ 1.26 billion. By 2033, it is projected to reach a value of US$ 1.93 billion. Vanilla is widely used in the food and beverage sectors as a flavouring in jams, …
Kombucha Market Ferments Prosperity, Anticipating a Valuation of US$ 17.1 Billion by 2032, Driven by an Invigorating CAGR of 17.4%
The global kombucha market is going to reach US$ 17.1 billion by 2033, growing at a CAGR of 17.4% between 2022 and 2033. The kombucha drinks market is expected to generate an absolute dollar opportunity of approximately US$ 13.7 billion by 2033. Each year, unsafe alcohol consumption kills approximately 3 million people, accounting for 5.3% of all deaths, according to …
Advanced Composites Market Projected to Reach US$ 107.30 Billion by 2033, Fueled by Robust Growth in Aerospace, Military, and Sports Industries
The advanced composites market is poised for steady growth, with a projected compound annual growth rate (CAGR) of 9.1% between 2023 and 2033. By 2033, the market is expected to reach a substantial market share of US$107.30 billion, a significant increase from the US$44.91 billion estimated for 2023. Several factors are driving the growth of the advanced …
Temperature Transmitter Market Set for Rapid Growth, Reaching US$ 3.6 Billion by 2023 | Data by Future Market Insights, Inc.
The temperature transmitter market is forecast to expand at 6.5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 3.6 billion in 2023. Temperature transmitters are gaining wide adoption due to the robust integration of technologies like AI, IoT, and robots in wearable technologies. Recent …
Wireless Connectivity Market expanding at a healthy 14.1% CAGR with projected to total US$ 345 Bn by 2032 – Report by Future Market Insights, Inc.
The global wireless connectivity market is estimated at US$ 345 Billion while exhibiting a CAGR of 14.1% during the forecast period from 2022 to 2032, reports a recently published Future Market Insights study. Expansion of the market can be attributed to the growing adoption of smart home platforms like Alexa to effectively manage houses and increasing mobile …
Integrated Quantum Optical Circuits Market: Surge in 5G Investments Propels Growth, Projected to Reach US$ 3.75 Billion by 2032
It is expected that the market for integrated quantum photonic circuits will increase 6.5% annually to reach US$ 1.99 billion in 2022, from US$ 1.87 billion in 2021. The market is positioned to experience good growth as a result of the increased investment being made in building a 5G network. Due to the intricate circuit design required …