The digestive health supplements market is forecasted to expand at 6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 29,648.6 million by 2033. Sedentary lifestyle is one of the leading causes of disability and mortality worldwide, according to a WHO research. Many people, however, are unaware that a …
Monthly Archives: March 2024
Liquor Confectionery Market Set to Reach US$ 1,002.0 Million by 2033
The liquor confectionery market size is projected to be valued at US$ 603.0 million in 2023 and is expected to rise to US$ 1,002.0 million by 2033. The sales of liquor confectionery are projected to expand at a significant CAGR of 5.0% during the forecast period. New product launches with different flavoured chocolates, candies and gums are …
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Alcohol Industry Analysis in India: Projected Growth to US$ 112,338.9 Million from 2024 to 2034
India’s alcohol industry is poised for substantial growth, with a projected valuation of US$ 112,338.9 million by 2034, marking a significant rise from US$ 55,840.0 million in 2024. During the research period, the Indian alcohol market grew due to increased urbanisation, population growth (particularly in metropolitan areas), and rising disposable incomes. During this period, bar and cocktail culture …
Exploring the Stevia Market’s US$ 739.4 Million by 2034 | Future Market Insights
The global stevia market is on a promising growth trajectory, anticipated to surge from US$ 405.6 million in 2024 to US$ 739.4 million by 2034, with a projected CAGR of 6.2%. Stevia’s market is developing due to rising demand for calorie-free, natural sweeteners. Given the growing concern about sugar’s potential negative health impacts, stevia’s plant-based origin and zero-calorie qualities have gained …
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Fine Chemicals Market Set to Skyrocket to US$ 340,084.3 Million by 2033, Fueled by Growing Demand in Pharmaceuticals and Agrochemicals
The size of the global market for fine chemicals was US$ 144,469.5 million in 2018. In 2022, the market experienced a 6.6% yearly growth. In 2023, it’s projected to amount to US$ 184,884.6 million. According to research conducted by Future Market Insights (FMI) on the global fine chemicals industry, demand is set to reach a valuation …
Global Abrasives Market Set to Accelerate at 4.3% CAGR from 2022 to 2032, Fueled by Automotive and Manufacturing Sectors
The global abrasives market size is predicted to grow at an average CAGR of 4.3% from 2022 to 2032. Valued at US$ 45 Billion in the year 2020, the target market will present significant growth during the forecast period. A commonly used material across multiple industry verticals for cleaning, grinding wheel, and polishing purposes, the abrasive market …
Ferrite Market Expands Beyond Electroacoustics, Finds Foothold in Domestic Appliances and Consumer Electronics, Unveiling Lucrative Opportunities
Leading players in the global ferrite market are leveraging the unique chemical as well as physical properties of sintered ferrite structures, such as high mechanical strength, high magnetostrictive properties, and significant electric resistance. Such advantageous features of ferrites, including higher resistivity even at ultrasonic frequencies, contribute to preventing eddy current losses, which ultimately benefits the efficiency of …
Grain Alcohol Market Forecast to Reach US$ 22.2 Billion by 2032, Driven by Increasing Demand and Technological Advancements
Grain Alcohol Market will Surpass US$ 15.6 Bn through 2022 & Beyond as Application in Beverage Industry Rises According to Future Market Insights (FMI), the global grain alcohol market is expected to witness growth at a CAGR of 4.2%, surpassing US$ 22.2 Bn during the forecast period (2022-2032). Grain alcohol is made by distilling fermented grain (fermented corn, sugar, yeast, and water). Manufacturers employ grains …
Dairy Processing Equipment Market Surges to US$ 17.2 Billion: Unlocking Growth Factors for Investor Interest
During the forecast period, it is anticipated that the worldwide dairy processing equipment market will expand at a CAGR of 5.4%. (2022-2032). According to projections, the market would be worth US$ 17.2 Billion by 2032, up from US$ 10.2 Billion in 2022. The market for dairy processing equipment, which was valued at US$ 9.7 billion in 2021, is expected to …
Decadent Delights: Compound Chocolate Market to Reach US$ 50.5 Billion by 2032 | Future Market Insights
The global compound chocolate market is estimated to reach US$ 26.4 Billion in 2022 and is projected to surpass US$ 50.5 Billion by 2032, registering a CAGR of 6.7% from 2022 to 2032. The market for compound chocolate is predicted to expand as the food and beverage sectors want more natural and organic goods. Organic and natural chocolate component makers are rapidly entering the …