The plant based beverage market is registered to be valued at US$ 374.6 billion by 2024. The market valuation is expected to be US$ 665.8 billion by 2034, projected at a CAGR of 5.92%. The expansion and the rise in lactose intolerance rates leads the global market for plant based beverages to grow and is …
Monthly Archives: April 2024
Tortilla Market to advance at a 5.2% CAGR from 2024 to 2034, reaching a Valuation of US$ 75,309.4 million- FMI Report
The global tortilla market is anticipated to reach a valuation of US$ 23.3 million in 2024, driven by packaging innovations. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.2% between 2024 and 2034, and reaching a total valuation of approximately US$ 75,309.4 million by 2034. A …
Electric Bike Market Expected to Surge with 10.2% CAGR, Reaching US$ 150.01 Billion by 2033
The Electric Bike Market is anticipated to thrive at a steady CAGR of 10.2% between 2023 and 2033. The market is expected to have a market share of US$ 150.01 Billion by 2033, while it is likely to be valued at US$ 56.79 Billion in 2023. The revolution of e-bikes, e-cycles, and electric cars is …
Automotive Pillar Market to Reach US$ 10,690.3 Million by 2033 with Moderate 4.3% CAGR
The worldwide automotive pillar market is anticipated to amass a revenue of US$ 10,690.3 million by 2033 as opposed to US$ 7,016.9 million in 2023. The market is set to experience a moderate CAGR of 4.3% from 2023 to 2033. An integral part of a vehicle’s body structure, automotive pillars are used to provide support …
Rolling Ahead: Automotive Tire Market Poised for 6.6% CAGR Growth to Reach US$ 958.8 Billion by 2033
The automotive tire market is expected to grow at a CAGR of 6.6% from 2023 to 2033. The market is valued at US$ 503.9 Billion as of 2023, and by 2033, the market is expected to hit a valuation of US$ 958.8 Billion. The stringent safety norms pertaining to road are expected to surge the …
Infant Formula Market Poised to Surge at a CAGR of 8.7% Through 2034 Amid Increasing Adoption of Infant Formula as a Substitute for Breast Milk
According to Future Market Insights (FMI), the global infant formula market is projected to witness substantial growth, increasing from US$ 50,126 million in 2024 to US$ 1,15,326 million by 2034. The market is expected to surge at a CAGR of 8.7% during the forecast period. The infant formula market is growing due to factors such …
Electric Light Commercial Vehicle Market Soars to US$ 271.9 Billion by 2023 with 12% CAGR
The electric light commercial vehicle market was valued at around US$ 173 billion in 2019. In the following five years, sales of electric light commercial vehicles surged at a 12% CAGR and reached US$ 271.9 billion by 2023. The demand for electric light commercial vehicles is expected to be valued at 303.2 billion in 2024. …
Automotive Wiper Blades Market to Reach US$ 8,788.3 Million by 2033 with 5.9% CAGR
The automotive wiper blades market share is projected to be valued at US$ 4,953.9 million in 2023 and is expected to rise to US$ 8,788.3 million by 2033. The sales of automotive wiper blades are expected to register a significant CAGR of 5.9% during the forecast period. Automotive wiper blades are crucial in ensuring clear …
Capitalizing on Health Trends: Investing in the Growing Fruit Concentrate Puree Market Projected to Reach US$ 3.88 Billion by 2034 with 7.2% CAGR | FMI
The fruit concentrate puree market is evaluated to be sized at US$ 1,932.0 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a healthy clip, registering a CAGR of 7.2%. By 2034, the fruit concentrate puree market is anticipated to have reached a value of US$ 3,882.2 million. Fruit Concentrate Puree Market …
Automotive Stamping Market Projected to Reach US$ 18,460.7 Million by 2033
According to forecasts, the automotive stamping market demand is expected to be US$ 11,014.5 million in 2023 and US$ 18,460.7 million by 2033. Due to a rise in vehicle production throughout the area, Asia-Pacific is now leading the automotive metal stamping industry. The market is projected to experience significant development due to the region’s rapidly …
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