The global loudspeaker market value was around USD 3,726.9 Million in 2022. It is expected to grow to approximately USD 5,639.1 Million by 2032. This growth is at a steady annual rate of 7.1% from 2022 to 2032. Loudspeakers are being increasingly used to facilitate aural communication; as the frequency of conferences, and seminars has increased manifold in the last …
Monthly Archives: July 2024
Bromine Derivative Market Set for Remarkable Surge with 5.10% CAGR, Projected to Reach USD 12,037 Million by 2034
The bromine derivative market is expected to experience a substantial surge, with a remarkable Compound Annual Growth Rate (CAGR) of 5.10%. The market is predicted to reach an impressive valuation of USD 12,037.00 million by 2034, which is a significant increase from its current value of USD 7,292.20 million as of 2024. Bromine derivatives are …
Textile Chemicals Sales in Asia Set to Achieve 6% CAGR, Reaching USD 24,600 Million by 2033
According to a new analytical report by FMI on the Asia textile chemicals industry, the market’s current worth is expected to reach USD 14,200 million in 2023, having grown by 7.4% between 2017 and 2022. From 2023 to 2033, the textile chemicals market in Asia is projected to grow at a rate of 6%, with …
Cod Fish Market to Expand Significantly: Projected USD 3,241.4 Million by 2033 with 6.8% CAGR
According to Future Market Insights (FMI), the worldwide Cod Fish Market is valued at USD 1,678.9 million in 2023 and it is anticipated to reach USD 3,241.4 million by 2033. Over the next decade, global Cod Fish demand is likely to increase at a CAGR of 6.8%. Cod fish is prized for its high protein …
Vegan Flour Market to Reach USD 2.18 Billion by 2033 Driven by Rising Veganism and Health Trends
Vegan Flour Market The global vegan flour market size is poised for substantial growth, projected to achieve a steady CAGR of 4.0% from 2023 to 2033. Currently valued at USD 1.51 billion, the market is expected to reach an impressive USD 2.18 billion by the end of the forecast period. This anticipated expansion is driven by increasing consumer inclination towards …
Collagen Supplement Market Set to Reach USD 3.09 Billion by 2034, Growing at 6.4% CAGR | Future Market Insights Inc.
Collagen Supplements Market The global collagen supplement market size is estimated to be valued at around US$ 1,655.7 million in 2024. The global demand for collagen supplement drinks and food items is predicted to grow at a moderate CAGR of 6.4% during the forecast period. The global collagen supplement industry share is forecast to reach a value of nearly …
Global Food Grade Carrageenan Market to reach a valuation of USD 2.6 billion by 2034, FMI Projection
The global food grade carrageenan market will reach a valuation of US$ 1.3 billion in 2024, attributed to factors such as emerging markets for processed foods. The trend is set to create new opportunities for the market, leading to a projected CAGR of 7.1% between 2024 and 2034, and reaching a total valuation of approximately …
Dairy Processing Equipment Market Set to Hit USD 18.3 Billion by 2034, Growing at 5.5% CAGR, FMI Report Reveals
According to different dairy processing equipment market growth drivers, the market will navigate its progress path at a moderate pace, projecting a CAGR of 5.5% and reaching US$ 18.3 billion by 2034. The dairy processing equipment market will be valued at US$ 10.7 billion by 2024. Government initiatives will drive the market, including offering subsidies, incentivizing dairy …
Rising Lucerne Market: Expected CAGR of 5.8% with Sales Set to Reach USD 653.7 Million by 2034
The lucerne market size is projected to grow at a compound annual growth rate (CAGR) of 5.8% over the forecast period. Global sales of lucerne are expected to reach USD 371.8 million in 2024 and increase to USD 653.7 million by 2034. The lucerne industry, also known as alfalfa, is experiencing steady growth driven by …
Canned Soup Market Anticipated to Surpass USD 5.3 Billion by 2032, States Future Market Insights Inc.
The canned soup market has witnessed significant growth in recent years due to the convenience it offers to consumers. Canned soups are a quick and easy meal option, saving time and effort in the kitchen. With an increasing number of working individuals and busy lifestyles, the demand for ready-to-eat meals is soaring. Additionally, the pandemic has further …