Consumer product industry analysts predict that the ASEAN organic cosmetic market is set to reach a value of USD 9,484.4 million by 2033. They anticipate a steady Compound Annual Growth Rate (CAGR) of 5.2% for ASEAN organic cosmetic providers until 2033, starting from a valuation of USD 5,605.4 million in 2023. The increasing demand for vegan and …
Monthly Archives: August 2024
Baby Personal Care Products Market Expected to Rise to USD 167.9 Billion by 2033 | Says FMI
The baby personal care products market size is anticipated to be valued at USD 88.6 billion in 2023 and is estimated to reach USD 167.9 billion by 2033. The sales of baby personal care products are anticipated to secure a CAGR of 6.6% during the forecast period. According to a report, 61% of parents prefer natural ingredients …
Burn Care Market Expected to See a CAGR of 8.4% by 2033: Opportunity Map Analysis | FMI
In its latest report, Future Market Insights (FMI) projects a revenue of USD 1.80 billion for the burn care market in 2023. The market is poised to potentially exceed a valuation of USD 4.05 billion by 2033. With the rising prevalence of burn injuries, market players can anticipate a CAGR of 8.4% during the forecast period. The demand for …
Pet Toy Market Personalized Playtime to a USD 5.9 Billion Boom by 2033 | Report By FMI
The pet toy market is wagging its tail towards a lucrative future, with a projected value of US$ 5.90 billion by 2033. This translates to a compelling CAGR of 7.4%, signifying a golden opportunity for decision-makers in the pet care industry. Here’s how you can personalize your path to success: Capitalize on the Booming Pet Care Industry: Pet Parents …
Specialty Malt Market Poised for Moderate Growth, Projected to Hit USD 4.25 Billion by 2034
The specialty malt market, encompassing caramel, roasted, and smoked malt, is set to be valued at US$ 3,102.40 million in 2024. It is projected to grow to US$ 4,250.30 million by 2034, with a compounded annual growth rate of 3.70%. This growth is attributed to the growing demand for specialty malt in the brewing industry and the popularity of craft beer. …
Vitamin D Ingredients Market Set to Reach USD 2.78 Billion by 2033, Growing at a 5.9% CAGR
According to an industry report, vitamin D ingredients Market is expected to generate US$ 1560 million by 2023. Estimates indicate the market is predicted to reach US$ 2,780.3 million between 2023 and 2033, representing a CAGR of 5.9%. Increasing consumer demand for health and wellness is prompting cereal manufacturers to improve nutrition content. With pharmaceutical companies increasing …
Global Barley Market to Reach USD 32.9 Billion by 2033 with Steady 2.9% CAGR Growth
According to a recent analysis by Future Market Insights, a provider of market research and competitive intelligence, barley sales are expected to increase by a lucrative CAGR of 2.9% over the next ten years. The market is estimated to reach a valuation of US$ 32,901.6 million by 2033 from US$ 24,645.7 million in 2023. A significant trend driving the barley industry …
Global Food Service Equipment Market to Hit USD 82.1 Billion by 2034, Growing at 5.6% CAGR: Insights from Future Market Analysis
Food service equipment refers to the various tools, appliances, and machinery used in the preparation, cooking, storage, and serving of food in commercial and institutional settings, such as restaurants, hotels, catering services, cafeterias, and hospitals. The type and complexity of equipment needed can vary greatly depending on the scale of operations and the specific needs …
Global Acerola Extract Market to Surge to USD 40.57 Billion by 2033 with a Steady 7.6% CAGR
The Acerola Extract Market refers to the global industry involved in the production, distribution, and consumption of acerola extract derived from the acerola cherry, also known as Barbados cherry or West Indian cherry. Acerola is a small fruit rich in vitamin C and other antioxidants, making it highly sought after for its health benefits. According to Future …
Animal Feed Additive Market to Soar at 6.9% CAGR by 2034 Amidst Growing Livestock Population and Product Demand
The global Animal feed additives market is projected to increase from USD 55,842.2 million in 2024 to USD 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034. Feed additives are substances incorporated into animal diets to enhance the quality of feed, improve the quality of animal-derived food products, or boost the performance and health of …