The global child-resistant containers market is anticipated to reach a valuation of US$ 21.8 billion in 2023, driven by safety regulations and compliance. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.5% between 2023 and 2033, and reaching a total valuation of approximately US$ 40.9 billion by 2033. …
Monthly Archives: May 2024
Kokum Butter Market to Surge to USD 1,236.2 Million by 2033: Comprehensive Growth Analysis
As per FMI’s analysis, the global kokum butter market is expected to secure US$ 692.6 million in 2023 and reach US$ 1,236.2 million by 2033. The market is estimated to ensure a CAGR of 6.3% during the forecast period. Growing demand in the food and beverage and pharmaceuticals industry is expected to play a key role in driving the market growth during …
Global Gourmet Salts Market Set to Grow at a CAGR of 7.5%, Projected to Reach USD 502.6 Million by 2033
The market for gourmet salts appears to have a bright future. The market is predicted to grow steadily and is likely to reach a value of US$ 502.6 million by 2033, with a projected CAGR of 7.5% from 2023 to 2033. The market is expected to grow as a result of factors such rising consumer health consciousness, …
Future Market Insights, Inc. Predicts Gum Arabic Market to Surge to US$ 1,796.7 Million by 2032 with 7.2% CAGR
The global gum Arabic market stands at US$ 897.3 Mn as of now and is expected to reach US$ 1.79 Bn by the year 2032 at a CAGR of 7.2% between 2022 and 2032. Gum Arabic, better known as acacia gum, comes across as a natural emulsifier and finds its applications in paints, pharmaceuticals, cosmetics, and food …
Immune Health Supplements Market Forecasted to Achieve USD 63,457.4 Million by 2033, Driven by 10.4% CAGR: Future Market Insights, Inc.
The immune health supplements market is estimated to be worth US$ 25,456.2 million in 2023. The market is expected to reach an astounding US$ 63,457.4 million by 2033, representing a CAGR of 10.4% from 2023 to 2033. The rising awareness of overall health and wellness has prompted consumers to prioritize preventive healthcare measures. As individuals increasingly understand the vital role …
Cheese Analogue Market Poised for USD 4,052.6 Million by 2033 with 6.5% Annual Growth Rate, Reports Future Market Insights, Inc.
The cheese analogue market is expected to increase at a 6.5% CAGR from 2023 to 2033, above the 4.5% CAGR witnessed between 2018 and 2022. This increase in growth rate indicates rising demand for cheese analogue products, resulting in a significant increase in market value from US$ 2,232.4 million in 2023 to US$ 4,052.6 million by 2033. The cheese analogue business has grown significantly as …
Dried Spices Market Projected to Grow at 4.6% CAGR by 2032, According to FMI
The dried spices market has arrived at a CAGR of 4.6% during the conjecture time frame. The market is projected at US$ 5,763.5 million of every 2022, and is probably going to be esteemed at US$ 9,036.5 million by 2032. Dried spices are responsible for developing the aroma and taste related to the cuisine and convenience food products. …
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“Sustainable Solutions Propel Coconut Surfactants Market Growth to 3.3% CAGR by 2033, Says FMI
The coconut derived surfactants market is predicted to expand at a CAGR of 3.3% between 2018 and 2033, up from 2.4% between 2018 and 2022. This faster growth rate suggests a faster market expansion, with the market value predicted to rise from US$ 1,886.9 million in 2023 to US$ 2,606.8 million in 2033. Several significant reasons have …
Global Cellulase Market Poised to Hit USD 3.26 Billion by 2033, Driven by Sustainability Trends | FMI
The cellulase market is expected to grow from US$ 1,685.8 million in 2023 to US$ 3,263.5 million by 2033, with a CAGR of 6.8% from 2023 to 2033. The global cellulase sector expanded at a CAGR of 6.8% from 2023 to 2033. The main application of the cellulase market is pulp and paper. With this, we can provide high-quality paper so customers …
Global Mashed Potato Market Value to Reach US$ 4,237.4 million by 2034, Expanding at a 4% CAGR- FMI Study
The mashed potato market will certainly be forecasted at a valuation of 4,237.4 million with a CAGR of 4% by 2034, where the current market valuation is estimated to be US$ 2,874.3 million in 2024. The enduring popularity of mashed potatoes as a comfort food staple drives consistent demand, particularly in regions like the United …