Climbing consumer preference for healthy and convenient food options is leading the canned vegetable market (vegetales de conservas Mercado) to register a CAGR of 3.9% through 2034. An escalating preference for ready-to-eat vegetable products among millennials and Gen Z generations is potentially pushing the market to increase its valuation from US$ 24,164.8 million in 2024 to US$ 35,267.9 million by …
Monthly Archives: August 2024
Rising Trends: Global Vegan Desserts Market Valuation to Reach USD 6,698.4 Million by 2033
The global vegan desserts market is projected to grow from its 2023 estimate of USD 3205.07 Million to USD 6698.4 Million by 2033. Increases in veganism’s popularity, increased interest in vegan desserts, and continued market study all contribute to the growth of the vegan desserts industry. As a result, the forecast calls for an 8.5% CAGR in …
RTD Cocktail Shot Market Set to Exceed USD 9,395 Million by 2034 Amid Rising Demand for Ready-to-Drink Beverages | FMI
The outlook for the RTD cocktail shot market over the next decade is promising, with a projected compound annual growth rate (CAGR) of 9.3%. Global sales are expected to reach USD 3,856 million in 2024, rising to USD 9,395 million by 2034. According to Future Market Insights (FMI), the demand for RTD cocktail shots is …
Rising Demand for Plant-Based Alternatives: Vegan Steak Market to Grow at 7.3% CAGR | Future Market Insights Inc.
The global vegan steak market is valued at approximately USD 598.6 million in 2023 and is projected to grow at a CAGR of 7.3% from 2023 to 2033. According to market forecasts, the total market value is expected to reach USD 1,129.6 million by 2033. Meat has historically been a key source of nutrients in …
Global Food Grade Carrageenan Market Set to Hit USD 2.6 Billion by 2034, Predicts FMI
The global food grade carrageenan market (Mercado de carragenina de calidad alimentaria) will reach a valuation of USD 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 …
Business Process Automation (BPA) Market is Supposed to Rise at a CAGR of 11.8% by 2033 | Future Market Insights, Inc.
The revenue of the business process automation (BPA) market is expected to increase by USD 13.7 billion by 2023. The business process automation (BPA) market is estimated to reach USD 41.8 billion by 2033, increasing at an 11.8% CAGR from 2023 to 2033. Managing business workflows and optimizing business processes are two key topics in business process automation. This involves better …
Projected Surge: Middle East Food Premix Market to Grow at 10.1% CAGR, Reaching USD 512 Million by 2033
Over the forecast period, the Middle East food premix market is anticipated to grow at a CAGR of 10.1%. The market value is expected to rise from USD 195 million in 2023 to USD 512 million by 2033. Premixes are becoming immensely popular because they are becoming highly aware of their health and have more …
Strategic Insights into the Palm Oil Market: Growth Forecasts and Revenue Trends Through 2033
The palm oil market is projected to grow at an average CAGR of 4.48% from 2023 to 2033. By 2033, the market is expected to reach a valuation of USD 109.97 billion, up from USD 70.95 billion in 2023. Both refined and unrefined grades of palm oil have diverse applications across various industries, boosting global …
The Rise of Protein Water: Market Share Expansion Driven by Health Trends and Functional Needs
The global protein water market is projected to reach a valuation of USD 1,187.1 million by the end of 2023. From 2023 to 2033, it is expected to grow at a compound annual growth rate (CAGR) of 8.3%, potentially reaching USD 2,634.9 million by 2033. The growing demand for value-added ingredients in the food and …
Cloud Telephony Services Market is Expected to Reach a High Valuation of USD 57.6 Billion by 2033 | FMI
The cloud telephony services market is anticipated to expand its roots at a steady CAGR of 9.7% between 2023 and 2033. The market is expected to have a market share of USD 57.6 billion by 2033, while it is likely to be valued at USD 22.8 billion in 2023 Expanding businesses are pushing the adoption of futuristic business communication systems …