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 …
Monthly Archives: March 2024
Ready To Drink (RTD) Tea Market Surging to US$ 72.9 Billion by 2033 with 8% CAGR, Fueled by Growing Demand for Healthy Alternatives
The ready-to-drink (RTD) tea market is registering a valuation of US$ 34.3 billion in 2023 and is estimated to reach US$ 72.9 billion by 2033. The market is capturing a CAGR of 8% during the forecast period. Growing Demand for Healthy Substitutes for Carbonated Drinks The global tea market is expected to grow in the future, as research predicts. The tea package is …
Anti-Pollution Skin Care Products Market: Advancing at a 7.3% CAGR by 2033
In 2023, the market for anti-pollution skin care products is estimated to be worth US$ 7,511.6 million. Projections indicate that by 2033, this market will reach a value of US$ 15,247 million. Throughout the forecast period, the adoption of anti-pollution skin care products is expected to advance at a Compound Annual Growth Rate (CAGR) of …
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Reusable Incontinence Products Market: Projected Growth at a 6.1% CAGR by 2033
The global market for reusable incontinence products is predicted to achieve a value of US$ 685.1 million by the conclusion of 2023. Future Market Insights suggests that this figure will escalate at a Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2033, eventually reaching US$ 1,242.8 million. Sales of reusable incontinence products are …
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Mining Explosives Consumables Market Projects US$ 224.8 Million Valuation by 2032
The global mining explosives consumables market is anticipated to expand at a CAGR of 5.5% during the forecast period, finds Future Market Insights (FMI) in a recent analysis. Growing focus to reduce consumption of industrial explosives in mining of iron ore, coal, and other minerals is expected to remain a key growth driver for the …
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Ambulance Power Inverter Market Share to Reach US$ 112.17 Billion by 2032
The global ambulance power inverter market share is set to witness an impressive growth rate of 5.5% from 2022 to 2032. The ambulance power inverter market size is anticipated to reach a valuation of around US$ 112.17 Billion by the end of the year 2032 from the current valuation of US$ 64 Billion in 2022. Until …
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Booming Styrene Butadiene Rubber Market: Expected to Reach US$ 18 Billion by 2032
The global styrene butadiene rubber market is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Million in 2022 and is anticipated to surpass US$ 18,079.6 Million by 2032. End-use industries are rapidly inclining towards synthetic rubber over …
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Silicone Makeup Sponge Market Thrives with Encouraging Growth Trajectory | FMI
The silicone makeup sponge market is anticipated to register a CAGR of 7% during the forecast period, up from US$ 638.58 Million in 2022 to reach a valuation of US$ 1256.19 Million by 2032. Increasing awareness about various benefits of silicone makeup sponge like reusability, user-friendliness, and superior outcomes to other beauty tools is also projected to increase the sales of silicone makeup sponges and aid in …
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Vehicle Electrification Market Poised for Strong Growth at 10.3% CAGR, Driven by Electric Vehicle Preference and Sustainability Push
The global vehicle electrification market share is growing at a CAGR of 10.3% during the forecast period. The vehicle electrification market is expected to grow significantly in the coming years as a result of the preference for electrified vehicles among automotive and automobile manufacturers, as well as the increasing emphasis on environmentally friendly alternatives in …
Catering Management Market Eyes US$ 159.3 Billion by 2032 Exciting 4.3% CAGR Ahead
The catering management market is poised for substantial growth, with a projected CAGR of 4.3% expected during the forecast period spanning from 2022 to 2032. This robust expansion is anticipated to propel the market to reach a remarkable valuation of US$ 159.3 billion by the year 2032 This surge in demand and market value can be attributed to various factors, including …