The global indoor air quality monitor market size is expected to expand at a CAGR of 8.8%. The market value is projected to increase from US$ 5,006.7 million in 2023 to US$ 11,672.4 million by 2033. Over the forecast period, global indoor air quality monitor sales are likely to soar quickly owing to the increasing air pollution …
Monthly Archives: April 2024
Alcohol Industry Analysis in India: Projected Market Valuation of US$ 112,338.9 Million by 2034 – A Comprehensive Forecast and Growth Strategy
Alcohol Industry Analysis in India 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 study period, the Indian alcohol market expanded due to increased urbanisation, population expansion (especially in metropolitan areas), and rising disposable income. During this time, bar and …
Cocoa Market Forecast: Anticipated Growth to Reach US$ 23,981.1 Million by 2033 – An In-Depth Analysis of Trends and Industry Expansion Strategies
According to Future Market Insights (FMI), the global cocoa market is estimated to reach US$ 15,156.7 million in 2023 and further accelerate at 4.7% CAGR throughout the assessment period. By 2033, the market size is set to attain a valuation of US$ 23,981.1 million. The growing use of cocoa in the burgeoning confectionery industry is a major driver driving the global cocoa …
Growing Preference for Personalized Nutrition among Customers to Surge Lactic Acid Bacteria Market at a CAGR of 6.1% through 2034
The global lactic acid bacteria market is set to be valued at US$ 1,163.6 million in 2024. The market is anticipated to witness impressive growth during the forecast period. The market is expected to expand at a CAGR of 6.1% during the forecast period and reach a value of US$ 2,112.5 million by 2034. The global lactic acid bacteria (LAB) market …
iBeacon and Bluetooth Beacon Market: The Next Frontier in Indoor Location-Based Services. FMI predicts the market is Expected to Surpass US$ 1,38,652.2 million in 2033
It is anticipated that the market for iBeacons and Bluetooth beacons will grow at an excellent 27.5% CAGR from 2023 to 2033, outpacing the lower 25.4% CAGR observed between 2018 and 2022. This notable increase, which increased the market value from US$ 21,181.1 million in 2023 to US$ 1,38,652.2 million by 2033, demonstrates the need for …
Aloe Vera Extracts Market Vision: Poised to Reach a Monumental US$ 7.3 Billion by 2033, Reflecting a Thriving Global Demand
The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of US$ 3.5 billion in 2023 and US$ 7.3 billion by 2033 Aloe vera is a succulent plant belonging to the genus Aloe. It grows in various tropical regions across the world and is mostly used …
Food Preservatives Market Forecast: On Track to Achieve a Valuation of US$ 5,725.70 Million by 2033
The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 2,965.62 million in 2023 to US$ 5,725.70 million by 2033 end. As the clean label movement gains traction, public curiosity and awareness of food ingredients has increased. As a result, the …
Rapeseed Meal Market Poised for US$ 8.6 Billion Surge by 2034 Fueled by Livestock Growth | FMI
Global rapeseed meal market sales are estimated to be valued at around US$ 4.8 billion in 2024. Over the assessment period, rapeseed meal demand is poised to rise at a CAGR of 6.1%, with total market valuation reaching US$ 8.6 billion by 2034. The market growth will likely be propelled by a combination of several factors during the forecast period. These include: Expanding …
Stevia Market Growth Trajectory: Estimated to Reach a Market Cap of US$ 739.4 Million by 2034 with a CAGR of 6.2%
The global stevia market is expected to rise from US$ 405.6 million in 2024 to US$ 739.4 million by 2034. By 2034, the market is projected to surge at 6.2% CAGR. Stevia’s market is expanding due to increased demand for calorie-free, natural sweeteners. Given the increased worry about sugar’s potential negative health effects, stevia’s plant-based origins and zero-calorie properties have gained …
Agricultural Surfactant Market Poised for US$ 3.5 Billion Growth by 2034 with a 6.5% CAGR – Insights from Industry Forecast 2024 to 2034
The global agricultural surfactant market is poised to cross US$ 1.8 billion in 2024 and is likely to attain a valuation of US$ 3.5 billion by 2034. The market is projected to expand at a CAGR of 6.5% from 2024 to 2034. The demand for agricultural input is changing due to the rise in organic farming. Farmers aiming to obtain organic certification increasingly …