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 …
Monthly Archives: June 2024
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 …
Ezekiel Bread Market Revenue to Reach USD 519.9 Million with 5.0% CAGR Growth by 2032
The Ezekiel bread market is experiencing a remarkable surge in popularity as health-conscious consumers seek nutritious and natural alternatives to conventional bread. Inspired by the biblical verse, Ezekiel bread is a sprouted grain bread, typically made from a blend of organic whole grains and legumes like wheat, barley, lentils, millet, and spelt. This unique combination boasts a …
Veneer Sheets Market Poised for Growth: USD 55 Billion Opportunity by 2033
The market for veneer sheets is expected to be worth USD 55 billion by 2033, up from USD 42 billion in 2023. There is a forecasted compound annual growth rate (CAGR) of 2.7% for the veneer sheets market over the projected period. Consumers are increasingly seeking unique and personalized products. Veneer sheet manufacturers can tap …
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Cultured Meat Market Anticipated to Generate USD 8.2 Billion Revenue with 13.5% CAGR by 2033
The cultured meat market has experienced significant growth, surging from USD 2.1 billion in 2022 to USD 2.3 billion in 2023. Projections for 2033 are highly optimistic, with anticipated sales reaching USD 8.2 billion, driven by a CAGR of 13.5% from 2023 to 2033. The cultured meat industry is experiencing substantial growth, primarily driven by the increasing …
Microcrystalline Cellulose Market Poised for Lucrative Growth: Capitalize on the 6.3% CAGR Boom
The global microcrystalline cellulose market is anticipated to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2033, providing abundant growth opportunities. It is anticipated that the global market value will increase from USD 974.7 million in 2023 to USD 1,794.1 million by the end of 2033. The growth of the …
Collagen Hydrolysates Market to Hit USD 1.9 Billion Valuation by 2032, Says FMI
The Collagen Hydrolysates Market is witnessing a surge in demand due to the increasing awareness of the health benefits associated with collagen supplements. Collagen is a vital protein that promotes skin elasticity, joint health, and overall well-being. As consumers become more health-conscious, the demand for collagen-based products has soared. The market offers various forms of collagen hydrolysates, …
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Potassium Sulfate Fertilizer: A Sustainable Solution for Booming Organic Farming Market
The global potassium sulfate market will reach a valuation of USD 5.2 billion in 2024, attributed to factors such as climate change adaptation. The trend is set to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2024 and 2034, and reaching a total valuation of approximately USD 8.3 …
Emerging Markets Drive Construction Chemicals: Residential & Infrastructure Sector Boom
The construction industry is witnessing a surge in activities post the pandemic, and this has resulted in an increased demand for materials associated with infrastructure development. One such material is construction chemicals, which are getting substantial attention from companies involved in construction, be it private or public. The market valuation of construction chemicals is in …