New Product Development
The foaming creamer market is predicted to be worth US$ 176.7 million in 2023 and rise to US$ 251.4 million by 2033. Initially, the global market expanded at a CAGR of 3.3% between 2017 and 2022. Due to the rising demand for organic and healthy food products, several potentials exist for the foamy creamer powder market to …
Continue reading “Foaming Creamer Market to Grow at 3.6% CAGR by 2033 Due to Clean Label Popularity”
The global stuffed and plush toy market value is expected to rise from US$ 10,543.9 million in 2024 to US$ 21,243.6 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 7.30% in the stuffed and plush toy industry over the next decade. Sales of stuffed and plush toys are projected to increase with the growth …
The global dive computer market is poised for a remarkable ascent, with a projected Compound Annual Growth Rate (CAGR) of 5.90%. Industry experts predict the market will reach a staggering US$ 1,249.40 million by 2034, a significant leap from its current valuation of US$ 705.3 million. This press release explores the key trends propelling the dive computer …
The global paint ingredient market is expected to reach a value of US$ 2,230 million by 2032, growing at a steady rate of 3.2% annually. This growth is driven by several factors: Increasing Demand for Eco-Friendly Paints: Consumers are becoming more environmentally conscious, leading to a rise in demand for odorless and low-impact paints. Paint ingredient manufacturers are responding by developing eco-friendly …
The global kombucha market is set for exponential growth, projecting a remarkable CAGR of 17.4% from 2022 to 2033. Starting at an estimated US$ 3.4 billion in 2023, the market is anticipated to reach an impressive US$17.1 billion by 2033, offering investors substantial opportunities for financial gains. Each year, unsafe alcohol consumption kills approximately 3 million people, accounting for 5.3% …
Patchouli oil is a popular essential oil derived from the leaves of the patchouli plant (Pogostemon cablin), a member of the mint family. The oil is renowned for its distinct aroma, which is earthy, musky, and slightly sweet. Patchouli oil has been used for centuries in various cultures for its therapeutic and aromatic properties. The patchouli …
Continue reading “Patchouli Oil Industry on Track for USD 101.4 Million Revenue by 2033”
The global vegan cheese market is poised for substantial growth, with projections indicating that the market will reach a valuation of USD 8,231 million by 2034, up from USD 3,467 million in 2024. This represents a robust compound annual growth rate (CAGR) of 9% over the forecast period. The rising popularity of veganism, coupled with increasing consumer awareness about the environmental and health …
Continue reading “Global Vegan Cheese Market to Reach USD 8.2 Billion Valuation by 2034”
The plant-based snacks market size is projected to be valued at US$ 36,083 million in 2023 and is expected to rise to US$ 76,186.6 million by 2033. The sales of plant-based snacks are expected to record a CAGR of 8.0% during the forecast period. The plant-based snacks market has experienced remarkable growth in recent years …
The lipids market is anticipated to reach a value of USD 9.7 billion by 2022 and then grow at a CAGR of 8.7% from 2022 to 2032 to reach USD 22.5 billion by 2032. According to the most recent estimate, the global lipids market will make up 25% of the entire fats and oil business in …
Continue reading “Lipid Market Projections: Advancements Beyond Omega-3 to Drive 8.7% CAGR by 2032”
In 2022, the fatty amine market was projected to be valued at USD 2,940.1 million. By 2023, demand is projected to be worth USD 3,081.3 million. The market is expected to expand at a 4.9% CAGR between 2023 and 2033, reaching USD 4,955.9 million. The increased demand for fatty amine as a corrosion inhibitor, …
