The global coconut flour market, valued at USD 2,984.2 million in 2023, is projected to witness a remarkable growth trajectory, reaching USD 6,325.6 million by 2033. This growth is expected to surge at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period from 2023 to 2033. The increasing consumer inclination towards healthier …
Monthly Archives: July 2024
Sea Buckthorn Market to Reach USD 1,025 Million by 2034, Driven by Functional Food and Cosmetic Industry Demand
Sea Buckthorn Market The sea buckthorn market is expected to be valued at USD 393.1 million in 2024. Sea buckthorn’s healthy properties are not a secret and have seen the product become a household name in households, especially in Asia and Europe. Thus, the market has a historical precedent to grow upon. The market is set to register a CAGR of 10.1% over the period …
Glutamine Market to Reach USD 199 Million by 2034, Driven by High Demand for L-Glutamine and Its Health Benefits
Glutamine Market The global glutamine market value is anticipated to total USD 140.2 million in 2024 and USD 199 million by 2034. Global demand for glutamine will likely increase at a CAGR of 3.6% during the forecast period. Sales remain particularly high for L-glutamine owing to its perceived health benefits. The target segment accounted for a revenue share of 63% in 2023 and is set …
Arrowroot Starch Market to Reach USD 4.2 Billion by 2034, Driven by Culinary Applications and Demand for Natural Thickening Agents
The arrowroot starch market is poised for steady growth, with a projected market value of USD 4.2 billion by 2034. This translates to a CAGR (Compound Annual Growth Rate) of 4.1% from 2024, making it an attractive proposition for investors in the natural and organic food ingredients sector. Market Overview: Clean-Label Appeal Drives Demand Arrowroot starch, also known as arrowroot flour …
Invert Sugar Market to Reach USD 3.3 Billion with a CAGR of 4.6% Through 2034
The global invert sugar market is set to experience significant growth, with its value projected to reach USD 2.1 billion in 2024 and further increase at a CAGR of 4.6% during the forecast period, culminating in a total of USD 3.3 billion by 2034. This growth is attributed to the rising demand for natural sweeteners …
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Refrigerated and Frozen Soup Market Set to Soar to USD 6.3 Billion by 2034
The global refrigerated and frozen soup market is on a remarkable growth trajectory, with its valuation projected to escalate from USD 2.6 billion in 2024 to an impressive USD 6.3 billion by 2034. This promising expansion is driven by a robust CAGR of 9.1% throughout the assessment period. The frozen soup segment is leading the …
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Global PAG Compressor Oil Market Expected to Grow at 8.7% CAGR, Reaching USD 3.22 Billion by 2033
In 2023, the market for PAG compressor oil is projected to reach USD 1.4 billion, with a robust growth rate of 8.7% CAGR, anticipated to expand to USD 3.22 billion by 2033. This growth is driven by increased usage across various end-use industries and significant investments in industrial infrastructure, particularly in East Asia, South Asia …
PV Module Encapsulant Film Industry Set for Robust Expansion, Valued at USD 4.2 Billion by 2033
In 2023, the global PV module encapsulant film market is projected to achieve revenues of approximately USD 2.6 billion, with expectations for significant growth over the coming decade. Sales of module films are anticipated to expand at a robust compound annual growth rate (CAGR) of 4.7%, propelling the market’s valuation to an estimated USD 4.2 …
Steady Growth Expected for Ceramic Membranes Market with a Projected CAGR of 11.2% Through 2033
The ceramic membranes market is anticipated to reach a valuation of USD 5.45 billion by 2023. By 2033, the market is anticipated to have grown at a compound annual growth rate of 11.2% to reach USD 15.61 billion. Ceramic membranes offer excellent filtration capabilities for water and wastewater treatment. They can effectively remove suspended solids, …
Nickel Cobalt Manganese (NCM) Industry to Witness 15.7% CAGR, Reaching USD 10.0 Billion by 2033
The nickel cobalt manganese (NCM) market is projected to have a valuation of USD 2.3 billion by 2023. With a 15.7% CAGR predicted to grow throughout the forecast period, the market is anticipated to reach USD 10.0 billion by 2033. The market for NCM cathode materials is largely driven by the rising number of electric …