New Product Development
In 2023, the total sales of baby feeding accessories generated a revenue of around US$ 2,237.3 million. The industry share of baby feeding accessories is predicted to expand at a rate of 6.4% between 2024 and 2034. In terms of value, the global market size is estimated to reach US$ 4,385.1 million by 2034, increasing from US$ 2,358.1 million in 2024. A progressing transition toward …
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The beauty and wellness industry is more than just skin deep – it’s a multi-trillion dollar market experiencing phenomenal growth. Estimated at a staggering US$ 16,95,661.4 million in 2024, the market is projected to reach a breathtaking US$ 36,948,436 million by 2034, fueled by a CAGR of 8.1%. Here’s why you should invest in this transformative industry: A Holistic Approach to …
The valuation for the Global Aqua Gym Equipment Market was around US$ 656.2 million in 2023 and is projected to reach US$ 1,169.2 million by 2034. The market is expected to exhibit a CAGR of 5.40% over the forecast period. The prevalence of obesity and arthritis and an increase in the incidences of joint illnesses in the aging population are expected to drive the …
Continue reading “Aqua Gym Equipment Market Set to Cross USD 1,169.2 Million by 2034”
The handicraft market is poised for significant growth, with the global market size projected to reach US$ 387.07 billion by 2024. The handicraft sales are expected to witness a strong CAGR of 10.5% between 2024 and 2034. By 2034, the handicraft demand is anticipated to reach a valuation of US$ 1,050.53 billion. The handicraft industry is growing …
Continue reading “Handicraft Market: Sales Expected to Grow at a CAGR of 10.5% by 2034 | FMI”
The global hydroxytyrosol market value is estimated to grow from US$ 751.2 million in 2024 to US$ 1,425.5 million by 2034. It will likely exhibit healthy growth, with overall hydroxytyrosol demand rising at a CAGR of 6.6% throughout the forecast period. Natural hydroxytyrosol remains the top-selling product in the market. This can be attributed to a growing consumer preference for natural ingredients over …
The growing demand for minimally processed ingredients across several sectors is anticipated to benefit the xanthan gum industry over the forecast period 2023 to 2033. It is expected to grow at 6.6% CAGR through 2033, and reach a market size of US$ 1,754.8 million. The usage of additives in the baking industry has grown widely. …
According to Future Market Insights (FMI), the global oat milk market demand is estimated to reach US$ 1,544.3 million in 2023. For the next ten years, global sales of oat milk are likely to rise at 13.7% CAGR. This will take the overall market valuation to around US$ 5,631.4 million by 2033. The oat milk …
The global cookie dough market demand is projected to witness substantial growth, with a market valuation anticipated to reach USD 21.5 billion by 2033, recording a compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, according to Future Market Insights (FMI). The burgeoning market, valued at USD 12.3 billion in 2023, is set …
The global probiotic chewing gum market share is on an upward trajectory, with market size expected to increase from $373.0 million in 2024 to $629.0 million by 2034, reflecting a steady CAGR of 5.4% over the forecast period. This growth is driven by rising consumer awareness about the importance of digestive and oral health, coupled with the …
The global lignocellulosic biomass market demand is valued at US$ 4,273.9 million in 2024 and is anticipated to reach US$ 9,057.5 million by 2034. As per the estimates, the lignocellulosic biomass market size is likely to expand at a CAGR of 7.8%. Lignocellulosic biomass is essential to the sustainable use of resources as bioeconomy grows, transforming industries in the process. Businesses that strategically …
