The agave nectar market is expected to expand from US$ 2,06,024.0 million in 2023 to US$ 3,78,776.4 million by 2033. The demand for agave nectar is anticipated to have an effective CAGR of 6.3% from 2023 to 2033 compared to the CAGR of 2.5% from 2018 to 2022. There has been a tectonic movement towards …
Monthly Archives: July 2024
Action Figures Market Surges to USD 20.91 Billion by 2033 | Report By FMI
The global action figure market is experiencing a heroic rise! Fueled by a growing fascination with animation, movies, and pop culture, this market is projected to reach a staggering US$ 20.91 billion by 2033, boasting a phenomenal CAGR of 8.8%. Here’s why you, as a decision-maker, should join the action: Leveraging the Power of Pop Culture: From Screen to …
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Global Magnesium Hydroxide Market Projected to Reach USD 1,845.32 Million by 2033 with 5.8% CAGR
The global market for magnesium hydroxide was projected to reach USD 992.5 million in 2022. The market will probably be valued at USD 1,050.07 million by the end of 2023. By 2033, the magnesium hydroxide market is projected to grow at a 5.8% CAGR and reach a value of USD 1,845.32 million. Companies that provide …
Baby Personal Care Market Likely to Cross USD 8.71 Billion by the End of 2033 | Says FMI
As per newly released data by Future Market Insights (FMI), the baby personal care market is estimated at USD 6.08 Billion in 2023 and is likely to cross USD 8.71 Billion by the end of 2033. The baby personal care market is expected to hold the global market at a moderate CAGR of approximately 5% during the …
Food Stabilizers Market Poised to Surpass USD 1461.4 Million by 2032 Driven by Demand for Packaged Foods and Technological Innovations
The food stabilizers market, valued at US$ 2.8 billion in 2022, is set to experience significant expansion, reaching an estimated US$ 4.7 billion by 2032. This robust growth, projected at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2032, underscores the increasing reliance on stabilizers to enhance the quality, texture, and shelf …
Bakery Mixes Market to Reach USD 10.3 Billion by 2033, Fueled by Consumer Demand for Convenient and Diverse Baking Solutions
The bakery mixes market is expected to grow from US$ 6,175.3 million in 2023 to US$ 10,300.3 million by 2033, with a CAGR of 5.2% from 2023 to 2033. Bakery mixes are the prepared mix of materials (usually supplied in packs or containers) in which fluid, eggs, or additional elements are added in order to …
Magnesium Metal Market Set to Reach USD 9 Billion by 2033 with 5.4% CAGR Growth
According to projections, the market for magnesium metal will be worth USD 5.3 billion in 2023 and USD 9 billion in 2033. Sales in the magnesium metal market are predicted to rise at a compound annual growth rate (CAGR) of 5.4% during the forecast period. A significant opportunity lies in the development of magnesium-based …
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Specialty Silica Market Projected to Achieve USD 11.93 Billion Valuation by 2033 with a 5.4% CAGR
By 2033, the specialty silica market is projected to be valued at USD 11.93 billion. The market value as of 2023 is USD 7.40 billion. From 2023 to 2033, the specialty silica market is anticipated to grow by 5.4%, in line with the growth prospects of the automotive sector. The demand for specialty silica has …
Botanical Flavors Market to Skyrocket: Forecasted to Reach USD 18.9 Billion by 2033 with an 8.6% CAGR Amid Rising Demand for Natural and Exotic Flavor
The botanical flavors market is predicted to develop at an impressive 8.6% CAGR from 2023 to 2033, exceeding the lower 2.9% CAGR witnessed between 2018 and 2022. This significant rise in growth rate reflects high global demand and acceptance of botanical flavors, increasing the market value from US$ 8,233.6 million in 2023 to US$ 18,871 …
Frozen Cheese Market to Surge to USD 17.4 Billion by 2032, Driven by Growing Demand for Healthy, Low-Fat Snacking Options
The global frozen cheese market is likely to expand at a CAGR of 6% between 2022 and 2032, totaling a valuation of US$ 17.4 Bn by 2032. Rising usage of frozen cheese within the food industry and growing consumer demand for convenient and ready to eat food products are driving the frozen cheese sales in the global …