According to FMI research, the bird cages and accessories market is estimated at US$ 2.5 billion in 2022 and is projected to reach US$ 4.1 billion by 2032. The market is expected to grow at a CAGR of 5% during the forecast period. The bird cages and accessories market is forecasted to advance due to …
Monthly Archives: March 2024
Product Innovation & Premiumization Growth of unique flavors, natural ingredients, and convenience formats fuels market expansion
The global zero sugar beverages market estimated at US$ 3.3 billion in 2023, is set to surge at a rapid 14.7% CAGR, reaching around US$ 13.2 billion by 2033. Because of premiumization, there is now less of a divide between upscale and mainstream markets, giving all customers access to distinctive and cutting-edge goods. Manufacturers of sugar-free …
Global Live Cell RNA Detection Market Expected to Reach US$ 6,404.2 Million by 2032 growing at a CAGR of 8.4%
The global live cell RNA detection market is anticipated to witness substantial growth, with a forecasted value of US$ 6,404.2 Million by 2032, growing at a CAGR of 8.4% from 2022, where it was valued at US$ 2,631.8 Million. This surge is primarily attributed to the increasing funding from various regulatory bodies and governments worldwide. …
Product Innovation & Distribution Expansion of product formats and distribution channels fuels market growth | FMI
The market for frozen seafood is anticipated to be worth US$ 19,382.3 million by the end of 2023. It is set to expand at a CAGR of 6.8% from 2023 to 2033. The market is expected to generate US$ 37,398.5 million in contributions by 2033. Over the past few decades, there has been a notable growth in …
Project Portfolio Management Market Prepares for US$ 7.8 Billion Revenue by 2032, Driven by 5.2% CAGR Surge
The global project portfolio management market had a value of US$ 4.4 billion in 2022 and is projected to grow at a CAGR of 5.2% from 2022 to 2032 to reach US$ 7.8 billion. The project portfolio management market is primarily driven by the urgent requirement to manage projects effectively and on schedule, and this situation is anticipated to hold …
SMS Firewall Market Envisions US$ 4.6 Billion by 2032, 6.3% CAGR Rise
The SMS firewall market is poised for explosive growth, with projections indicating that it will reach a staggering US$4.6 billion by the year 2032. This remarkable surge in market value is underpinned by an impressive CAGR of 6.3%. As the telecommunications landscape continues to evolve, the SMS firewall market plays a pivotal role in safeguarding the integrity and security of …
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Natural Energy & Wellness Rising demand for yerba mate as a healthy coffee alternative with growing health awareness | FMI
Yerba Mate Market experiences notable expansion as a result of growing demand for natural energy boosters and increased health consciousness. Global public knowledge of its health benefits is growing, as are innovative product releases and expanding distribution channels, all of which are driving the market. The beverage is quite well-liked as a coffee substitute due …
Global Substance Use Disorder Treatment Market Expected to Reach US$ 14 Million by 2032
The global substance use disorder treatment market is projected to witness substantial growth, with estimations soaring from US$ 7 million in 2022 to an estimated US$ 14 million by 2032. This remarkable advancement reflects a compound annual growth rate (CAGR) of 5.4% during the forecast period. The anticipated growth is attributed to the increasing establishment …
European Cruises Market Growth Surges: Eyes Set on US$ 2.69 Billion Revenue by 2032 | FMI
The European cruises market is estimated to reach US$ 1.5 Billion in 2022. As per the report, sales are forecast to increase at a robust 15% CAGR, with the market valuation reaching US$ 2.69 Billion by 2032. The EU has guided cruise providers to take minimum efforts necessary for the safety and security of the cruisers in the post pandemic times. Even …
Sustainability Growing popularity of natural ingredients and new product development creates exciting market opportunities | FMI
The Food Aroma Market is seeing rapid expansion, fueled by a rising desire from customers for distinctive and sensory-rich dining experiences. It is anticipated that developments in food technology and the growing global foodservice sectors will propel market expansion. Important drivers include rising disposable incomes, evolving consumer tastes, and a growing emphasis on natural flavors. The …