The market for pea protein ingredients is anticipated to be worth US$ 1.6 billion in 2023 and US$ 3.4 billion by 2033. During the predicted period, pea protein ingredient sales expand at a CAGR of 7.9%. Increasing demand for pea protein ingredients for bakery & snacks, beverages, and other food products will increase the sales in the …
Monthly Archives: June 2024
Maximizing Returns in the Air-Dried Food Market: Strategic Insights for Tapping into a USD 146.4 Billion Industry by 2033
The air-dried food Industry is expected to be worth around USD 92.8 billion in 2022. It is expected to have generated US$ 146.4 billion by 2033, with a CAGR of 4.1% during the forecast period, 2023 to 2033. Positive market growth has been influenced by the development of improved packaging materials, such as stand-up pouches, …
Paprika Color Market Expected to Grow 11% Annually, Reaching USD 251.2 Million by 2033
The paprika color market is predicted to be worth US$ 86 million in 2023 and rise to US$ 251.2 million by 2033. Demand for paprika color is expected to expand at an 11% CAGR by 2033. The demand for paprika color, a common seasoning in vegan and vegetarian cuisine, is being driven by the growing number of …
Exploring the PET Syrup Bottle Market: Trends, Insights, and Forecasts
In recent years, the PET syrup bottle market has witnessed significant growth, driven by the increasing demand for efficient and sustainable packaging solutions in the pharmaceutical and food industries. This blog dives into the latest trends, market analysis, and forecasts for PET syrup bottles, providing valuable insights for industry professionals and stakeholders. PET Syrup Bottle …
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Cosmetic Pencil and Pen Market is Expected to Reach US$ 5.7 Billion by 2033
The global cosmetic pencil & pen market would be worth US$ 2.8 billion in 2023 and is expected to reach US$ 5.7 billion by 2033, likely to register a 7.5% CAGR from 2023 to 2033. The study opines that the increasing focus to developments and innovation will continue to remain one of the vital factors that accelerates the market growth of the cosmetic …
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Unlocking Opportunities in the Stevia Market: Strategies for Capitalizing on a USD 739.4 Million Industry by 2034
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. The growing market for calorie-free, natural sweeteners is driving growth in the stevia industry. Stevia’s plant-based origins and zero-calorie qualities have made it more popular due to growing concerns about …
Seizing Growth in the USD 26.35 Billion Vegan Dog Food Market: Strategies for Success by 2033
The Vegan Dog Food market has witnessed a remarkable surge in recent years, reflecting the growing consciousness towards animal welfare and sustainable living. Pet owners are increasingly opting for plant-based alternatives to cater to their canine companions’ dietary needs. This trend stems from concerns about the environmental impact of conventional meat-based dog foods, as well as health …
Capitalizing on Kombucha Tea: Strategies to Thrive in a USD 5.4 Billion by 2033
The kombucha tea market is anticipated to expand its roots at a steady CAGR of 12% between 2023 and 2033. The market is expected to have a market share of US$ 5.4 billion by 2033 while it is likely to be valued at US$ 1.72 billion in 2023 The high imports and experiments with beverages and tea along with the health benefits of …
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Men’s Underwear Market Set to Soar to US$ 65.3 Billion by 2033 with a Remarkable 5.3% CAGR | FMI
In 2023, the global men’s underwear market is expected to be worth US$ 38.96 billion. The market is likely to exceed US$ 65.3 billion at a CAGR of 5.3% by 2033. The sales of men’s underwear are being driven by various factors. These factors include the growing awareness of men’s health, increasing demand for premium underwear, and …
Construction Fabric Market Projected to Reach USD 28,761.2 Million by 2034 with 4.6% CAGR Growth Forecast
The global construction fabric market is estimated to be valued at USD 12.0 billion in 2024. Global sales of construction fabrics are projected to grow at a steady CAGR of 4.1% during the forecast period, totaling USD 18.0 billion by 2034. Demand is predicted to remain high for needle-punched nonwovens during the forecast period, rising at a CAGR of 3.9%. This can be …