New Product Development
The global gin market is anticipated to reach a valuation of US$ 22,927.4 million in 2023, driven by various gin festivals. This trend is expected to create new opportunities for the global market, leading to a projected CAGR of 3.5% between 2023 and 2033. It is estimated to gain a valuation of approximately US$ 31,996.0 million by …
Continue reading “Gin Market Expected to Attain around US$ 31,996.0 Mn by 2033 | FMI”
In 2023, the vegan dog food market was estimated to be worth US$ 13.58 billion. The vegan dog food market is anticipated to register a CAGR of 7% from 2023 to 2033, reaching a value of US$ 26.35 billion. Vegan pet food is made with plant-based and natural components rather than raw materials sourced from animals, and …
Continue reading “Vegan Dog Food Market Poised for a 7% CAGR, Eyeing US$ 26.35 Bn by 2033 | FMI”
In 2022, the allulose industry is anticipated to be worth US$ 221.3 Mn. Between 2023 and 2033, the industry is expected to increase at an 8.7% CAGR, from 236.9 million US$ in 2023 to 543.2 million US in 2033. In 2017, the allulose industry was valued at US$ 306.3 million, with total Allulose revenue expected to grow …
Continue reading “Allulose Market to Surge at 22.6% CAGR, Reaching US$ 543.2 Million by 2033”
According to Future Market Insights (FMI), the global rosmarinic acid market is presently valued at US$ 130.0 million in 2023. It is further poised to thrive at a CAGR of 9.1% during the forecast period 2023 to 2033. By 2033, total market size is projected to reach US$ 309.56 million. The rosmarinic acid market is experiencing lucrative growth globally. This is due …
Continue reading “Rosmarinic Acid Market Expected to Attain around US$ 309.56 million by 2033”
According to Future Market Insights (FMI), the worldwide fish feed ingredients market is valued at US$ 56,000.4 million in 2023 and it is anticipated to reach US$ 74,123.9 million by 2033. Over the next decade, global fish feed ingredients demand is likely to increase at a CAGR of 2.8%. Fish feed ingredients have an impact on the environment as well as on …
The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color …
The out-of-home coffee market has experienced significant growth in recent years, with an increasing number of coffee enthusiasts preferring the convenience of purchasing their favorite brews on-the-go. This trend is largely driven by busy lifestyles and a growing demand for specialty coffee blends. Coffee shops, kiosks, and mobile vendors have capitalized on this opportunity by offering a …
Continue reading “Out-of-home Coffee Market to Hit USD 36 Bn by 2032| Future Market Insights Inc.”
In 2023, the kitchen hood market is projected to reach a value of US$ 12.0 billion, and from 2023 to 2033, it is projected to grow at a CAGR of 4.5% to reach a value of US$ 18.8 billion. In the historical period from 2018 to 2022, the Kitchen Hood market experienced a CAGR of 2.2%. The kitchen hoods effectively eliminate the …
Throughout the forecast period, the Electric Water Heater Market is expected to hold the worldwide market at a moderate CAGR of 5.2%. The global market is expected to generate US$ 24.4 billion in sales in 2022 and US$ 38.52 billion by the end of 2032. Introduction of the Industry 4.0 Technology as a Catalyst for New Growth Avenues in the Electric Water Heater …
During the forecast period, the global rail wheel and axle market size is expected to expand at a steady CAGR of 5.6%. At its present growth rate, the global market for rail wheels and axles is expected to be worth $4,402.3 million by the year 2023. In 2033, the demand for rail wheel and axle …
Continue reading “Rail Wheel and Axle Market Size Projected to Reach US$ 7,603.4 Million by 2033”
