The global bread crumbs industry is on a significant upward trajectory, projected to grow from US$ 987.6 million in 2023 to an impressive US$ 1.96 billion by 2033, reflecting a robust CAGR of 7.1% over the forecast period. This growth is driven by the rising demand for processed and convenience foods, as well as innovative …
Monthly Archives: July 2024
Duckweed Market Poised for Robust Growth, Projected to Reach US$ 195.4 Million by 2033
The global demand for duckweed market is set to experience substantial growth, with projections indicating a rise from US$ 76.0 million in 2023 to approximately US$ 195.4 million by 2033, marking a robust CAGR of 10.8%. This growth is driven by the increasing nutritional value and diverse applications of duckweed across various industries. Duckweed, a …
Bakery Mixes Market Outlook: Convenience and Innovation Propel Growth to US$ 10.3 Billion by 2033
The global bakery mixes market is poised for substantial growth, projected to rise from US$ 6,175.3 million in 2023 to US$ 10,300.3 million by 2033, reflecting a steady CAGR of 5.2%. This growth is driven by increasing consumer demand for convenient, ready-to-use baking solutions across various demographics and regions. Market Dynamics: Bakery mixes, comprising essential …
Sweet Success: Agave Nectar Market Set to Flourish with 6.3% CAGR | FMI Study
The global agave nectar market sales is poised for substantial growth, with projections indicating a rise from US$ 206.0 billion in 2023 to US$ 378.8 billion by 2033, marking a robust CAGR of 6.3%. This growth is driven by increasing consumer preference for natural sweeteners and the expanding applications of agave nectar across various industries. …
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Illuminating Growth Prospects: Beta Carotene Industry Poised for Expansion
The demand for beta carotene industry is on a trajectory of robust growth, reaching a valuation of US$ 427.4 million in 2023 and projected to soar to US$ 761.1 million by 2033, marking a significant CAGR of 5.9%. This growth is underpinned by increasing awareness of its health benefits and expanding applications across diverse industries. …
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Unveiling Growth Potential: The Booming Ursolic Acid Market Attracts Investor Interest
In the dynamic landscape of health and wellness supplements, the global market for ursolic acid is emerging as a lucrative opportunity for investors seeking to capitalize on natural health trends. Valued at US$ 8.6 million in 2022, the market is projected to reach US$ 13.2 million by 2032, growing at a steady CAGR of 5.4%. …
Rising Demand in Pharmaceuticals and Agrochemicals Drives Chelating Agent Market Expansion: Growing at 5.7% CAGR by 2033
The global market for chelating agents was projected to be worth USD 7,360.9 million by 2023. It is projected to grow at a CAGR of 5.7% from 2023 to 2033. It is expected to surpass a valuation of USD 12,758.3 million by the end of 2033. The market expanded by 4.5% annually in 2022. …
Rising Aerospace and Defense Demands Propel Advanced Surface Treatment Chemical Market Growth: Hit USD 9.2 Billion by 2033
The advanced surface treatment chemicals market is projected to reach a value of USD 9,193.1 million by the end of the 2023–2033 forecast period. The market is anticipated to grow at a noteworthy 6.3% annual rate during the projection period. The use of sophisticated surface treatment chemicals is common in the automotive, aerospace, construction, …
Industrial Tape Market Projected to Reach USD 19.1 Billion by 2033 with Steady 5.3% CAGR
Between 2018 and 2022, the global industrial tape market experienced an incredible compound annual growth rate (CAGR) of 6.8%. By 2033, it is projected that the global market will reach USD 19.1 billion. It is predicted to have a consistent compound annual growth rate of 5.3% from 2023 to 2033. In 2023, it is anticipated …
Nylon-6 and Nylon-66 Market Projected to Grow at 4.6% CAGR, Reaching USD 37,868.1 Million by 2033
The global market for nylon-6 and nylon-66 is projected to be valued at USD 24,225.2 million in 2023. It is anticipated to grow at a CAGR of 4.6% over the course of the forecast period. The market is expected to peak at USD 37,868.1 million by the end of 2033. Asia Pacific is expected to …