Herbs and Spices Market The global herbs and spices market share is estimated to be US$ 171,563.1 million in 2024 increasing from US$ 167,874.1 million in 2019. FMI expects the global herbs and spices industry to grow at a 3.6% CAGR through 2033 to reach US$ 244,124.7 million by 2034. The use of herbs and spices in convenient meals is growing because of …
Monthly Archives: July 2024
Vegan Protein Powder Market to Reach USD 9.07 Billion by 2033, Growing at 7.4% CAGR Driven by Surge in Plant-Based Diets
Vegan Protein Powder Market According to Future Market Insight, the Global Vegan Protein Powder Market will reach US$ 9.07 billion by 2033, registering a CAGR of 7.4%. This anticipated growth signifies a remarkable upsurge from its projected worth of US$ 4.63 billion in 2023. There has been a significant increase in people adopting vegan and vegetarian diets worldwide. Ethical considerations, environmental concerns, and …
RF Power Semiconductor Market | Increasing Demand for Efficient Management Practices Report 2027
Rapid technological breakthroughs in the telecommunications and electronics industries are driving up global demand for RF power semiconductors. RF power semiconductors are crucial for increasing bandwidth and functionality while lowering production and development costs for network infrastructure and consumer electronics. In a recent research study, Future Market Insights (FMI) investigated the many aspects influencing the adoption …
Soy Beverage Sales Projected to Reach USD 42,167 million by 2034 as Unsweetened Handcrafted Organic Soy Drinks Gain Traction | FMI
The soy beverage market value is expected to rise from USD 24,412 million in 2024 to USD 42,167 million by 2034. This market is analyzed to record a CAGR of 5.6% over the next decade. The growing interest in vegan and vegetarian diets is pushing the consumption of soy beverages. Soy beverages also hold significant …
Global Paint Additive Market to Reach USD 15.84 Billion by 2034, Driven by a 4.6% CAGR
The global paint additive market is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of approximately 4.6% during the forecast period. In 2024, the market is expected to reach a valuation of USD 10,096.6 million and is projected to expand to around USD 15,840.4 million by 2034. This growth trajectory is …
Food Acidulants Market to Reach USD 4.5 Billion by 2033, Growing at 5.4% CAGR Driven by Demand for Clean-Label and Processed Foods
Food Acidulants Market The food acidulants market is valued at US$ 2.6 billion in 2023 and is estimated to reach a value of US$ 4.5 billion by 2033, registering a CAGR of 5.4% during the forecast period. The rising disposable income and growing demand for clean-label products and processed food are increasing the market share. Furthermore, the demand for food acidulants is fueled …
Pectin Powder Market to Reach USD 652.1 Million by 2033, Driven by Rising Demand for Clean Label and Plant-Based Products
Pectin Powder Market The pectin powder market is anticipated to reach a value of US$ 429.5 million in 2023. From 2023 to 2033, demand is anticipated to grow at a CAGR of 4.3%, with a target value of US$ 652.1 million by 2033. During the forecast period, the market is anticipated to maintain its upward trend owing to its current stable expansion. …
Postnatal Health Supplements Market to Reach USD 2.79 Billion by 2023, Growing at 7.2% CAGR Driven by Rising Awareness of Postnatal Health
Postnatal Health Supplements Industry The global postnatal health supplements industry is anticipated to reach US$ 1.2 billion worldwide in 2022. The increased prevalence of postnatal depression along with the introduction of new products by the leading competitors are two key factors predicted to fuel the market’s growth during the forecast timeframe. By 2023, it is anticipated to have …
Organic Tea Market to Reach USD 2.69 Billion by 2033, Driven by Health Trends and Consumer Demand for Pesticide-Free Products
Organic Tea Market The organic tea market is expected to expand its roots at a steady CAGR of 8.0% during the forecast period. The market is likely to hold a revenue of US$ 1.24 billion in 2023 while it is anticipated to cross a value of US$ 2.69 billion by 2033. Organic products are getting more popular among customers due to changing …
Textile Auxiliary Market Poised for Growth: Projected to Reach USD 18,359.4 Million by 2034 with a 5.2% CAGR
Revenue from the sales of textile auxiliaries is expected to be USD 11,058.6 million in 2024. The textile auxiliary market is slated to achieve USD 18,359.4 million by 2034. Over the assessment period, the market is anticipated to record a CAGR of 5.2%. The textile auxiliary industry is up for a consistent rise in the …