The dietary supplement market in Korea is witnessing substantial growth, with sales expected to reach US$ 1,561.41 million in 2023 and projected to escalate to US$ 4,181.92 million by 2033, at a robust CAGR of 10.4%. This growth is fueled by various factors, including the increasing variety of supplements, rising disposable income among the young …
Monthly Archives: May 2024
Industrial Workwear Market Poised to Reach USD 30,758.3 Million by 2033: Growing Demand for Ergonomically Designed Products
The Industrial Workwear Market is expected to reach USD 30,758.3 million by 2033, at a CAGR of 5.9% from 2023 to 2033. The industrial workwear market has a 2%-4% share of its parent market (Apparel Industry). As per the study, the apparel industry has gone through a rapid transition over the past decade. Manufacturers in …
Japan’s Yeast Sector Primed for Steady Expansion, CAGR of 10.7% by 2033
The yeast market in Japan is witnessing significant growth, with sales projected to reach US$ 385.46 million by 2033, up from US$ 139.57 million in 2023. This growth is driven by rising demand from various industries such as food and beverage, pharmaceuticals, and biofuels. Factors such as increasing consumer awareness of health benefits associated with …
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Korea’s Dehydrated Vegetable Industry Set for 11.8% CAGR Growth Through 2033
The dehydrated vegetable market in Korea is experiencing substantial growth, with sales projected to surge at an impressive 11.8% CAGR through 2033. The market’s value is anticipated to cross US$ 1.245 billion by 2033, marking a significant increase from US$ 408 million in 2023. This growth is driven by various factors, including the shift toward …
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Railway Draft Gears Market is expected to reach USD 3,236.1 Million by 2033
The net worth of the railway draft gears market is expected to increase from USD 2,083.8 Million in 2023 to more than USD 3,236.1 Million by 2033. From 2023 to 2033, the market for railway draft gears is projected to grow at a modest CAGR of 4.5%. The market is probably going to be fueled …
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End Suction Pump Market Growth: Industry Surges to USD 6.8 billion by 2033
End suction pumps are the dependable workhorses of the pumping world, widely used for industrial, municipal, and agricultural applications. The global end suction pump market is experiencing steady growth, driven by several key factors shaping the current scenario, presenting exciting opportunities, and paving the way for a promising future scope. Current Scenario: A Wellspring of …
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Hydrogen Buses Market Demand to Hit USD 1426.68 Billion by 2033
The Hydrogen Buses Market is predicted to grow at an astronomical CAGR of 67% over the forecast period, according to research by Future Market Insights. The industry’s estimated value is expected to increase from USD 8.45 Billion in 2023 to USD 1426.68 Billion by 2033. The market for hydrogen buses is primarily being boosted by …
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Capturing Growth: Korea’s Probiotic Yogurt Market Set for Significant Expansion by 2033
The probiotic yogurt market in Korea is experiencing remarkable growth, with a projected CAGR of 9.0% through 2033. Sales are expected to surge from US$ 193.3 million in 2023 to approximately US$ 456 million by 2033. This growth is driven by increasing awareness of the health benefits of probiotic yogurt and a rising emphasis on …
USA & Canada Portable Air Conditioner Market Set to Reach USD 319.7 Million by 2032: Embracing Advanced Technologies for Automation
The portable air conditioner market in the USA and Canada is expected to reach nearly USD 231.2 million in 2022 and is forecasted to grow to USD 319.7 million by 2032, with a compound annual growth rate (CAGR) of 3.3% from 2017 to 2021. Key Drivers of the Market: Rising Disposable Income: As disposable income rises, …
Automotive connectivity Market Worth USD 190.29 Billion by 2033
The global Automotive Connectivity Market Share is projected to register at a moderate-paced CAGR of 19% over the forecast period. The automotive connectivity market is currently valued at USD 33.42 Billion in 2023. By 2033, demand for automotive connectivity is expected to reach a high of USD 190.29 Billion. The demand for automotive connectivity is …
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