The nut butters market is expected to develop at an impressive 8.7% CAGR from 2023 to 2033, outpacing the lower 3.3% CAGR witnessed between 2018 and 2022. Such a positive forecast suggests a robust and flourishing market, with the market value projected to surge from US$ 1.20 billion in 2023 to US$ 2.76 billion by 2033. The …
Monthly Archives: June 2024
Takeout Dinner Market Set to Reach USD 514.7 Billion by 2033, Driven by Popular Chains and Evolving Market Dynamics
By 2033, the takeaway dinner market is expected to grow at a 7% CAGR and reach US$ 514.7 billion. This gastronomic revolution is sparked by urbanization, internet meal delivery, changing nutritional choices, and technology improvements. Convenience and flavors come together as drones deliver mouthwatering treats. Takeaway dinners are increasingly necessary as urbanization continues to soar and the …
Fragrant Drawer Liners Market: Likely to Cross USD 128.76 Million by the End of 2032 – Demand in Optimistic Scenario
By the end of 2032, the fragrant drawer liners market is likely to cross USD 128.76 million, expanding its roots at a low CAGR of 5% during the forecast period, with an estimated revenue of USD 83 million in 2022. Fresh Scents and Clean Drawers: Fragrant Liners Gain Luster Move over mothballs, there’s a new drawer …
Electric Facial Cleansing Brush Market: Set to Reach USD 13.38 Billion by the End of 2032 – Opportunity Map Analysis
The electric facial cleansing brush market is anticipated to grow steadily at a moderate compound annual growth rate (CAGR) of 5.2% throughout the forecast period. Consequently, the global market is estimated to generate revenue of USD 8.48 billion in 2022 and is expected to exceed USD 13.38 billion by the end of 2032. The demand for electric facial cleansing …
Global Oat Milk Market Growth to Reach USD 5,631.4 Million by 2033,Demand for Plant-Based Alternatives
The global oat milk market is set for substantial growth, with a valuation of USD 1,544.3 million in 2023. Over the next decade, the market is expected to expand at an impressive CAGR of 13.7%, reaching an estimated value of USD 5,631.4 million by 2033. This growth is primarily driven by the increasing consumer preference …
USA Prenatal Vitamin Supplements Market Demand Set to Grow to USD 341.5 Million by 2033
The global prenatal vitamin supplements market in the USA is experiencing significant growth, with its valuation projected to reach USD 189.3 million in 2023. According to Future Market Insights (FMI), the market is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period, reaching an impressive USD 341.5 million …
Global Frozen Yogurt Market Projected to Hit USD 272.74 Billion by 2034, Growing at 10.6% Annually
The frozen yogurt market is expected to be valued at US$ 99.29 billion by 2024. The market valuation is estimated to be US$ 272.74 billion by 2034, projected at a CAGR of 10.6%. With consumers choosing healthier dessert options and wanting more personalized delights, the frozen yogurt business has grown significantly in the last few years. Due …
Myrrh Powder Market Sees Industry-wide Surge: Projected 4.2% CAGR Growth by 2032 – Future Market Insights, Inc.
The global Myrrh powder market is expected to grow at a steady CAGR of 4.2% during the forecast period of 2022 to 2032. The target market will reach a considerable amount by the end of 2032. The market for Myrrh powder is propelled by its increasing popularity in the food and beverages and pharmaceutical industries. These sectors …
Aerospace Maintenance Chemicals Market Poised for Growth: Reaching USD 10.4 Billion by 2032
The market for aerospace maintenance chemicals was valued at USD 7.2 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 3.4% between 2022 and 2032 to reach USD 10.4 billion. The aerospace maintenance chemical market is expected to witness a major overhaul in the upcoming period on the …
Dairy-Free Evaporated Milk Market Expected to Reach USD 73.43 Billion with a Strong 12.3% CAGR by 2032
The Dairy-free Evaporated Milk market has experienced remarkable growth in recent years, fueled by the rising demand for plant-based alternatives and dietary preferences. This innovative product provides a convenient dairy-free solution for various culinary applications, including baking, cooking, and coffee. Health-conscious consumers seeking lactose-free, vegan, and allergen-friendly options have embraced this alternative enthusiastically. With a CAGR of …