The global diabetic food market is projected to grow from USD 12,000 million in 2024 to USD 17,891 million by 2034, with a CAGR of 8.3% over the next decade. Several factors are expected to drive this growth, including the rising prevalence of diabetes, increasing health awareness, and changing dietary habits. An unhealthy diet poses …
Monthly Archives: September 2024
Global Men’s Underwear Market: Poised to Surpass USD65.3 Billion by 2033, Growing at 5.3% CAGR
The men’s underwear market will grow at approximately ~4% CAGR between 2021 and 2031. In 2020, the overall sales of men’s underwear totalled US$ ~10 Bn .As per FMI, the men’s underwear market holds a share of ~1% in the overall apparel market. Besides innovation in designs, the market is gearing to witness the launch of electronic underwear, designed particularly for elderly patients. The electric no-show …
Global Dietary Supplement Market to Reach USD 170.1 Billion by 2034, Growing at 9.5% CAGR
The global dietary supplement market is set for significant growth, projected to reach approximately USD 170.1 billion by 2034, with a steady CAGR of 9.5% from 2024 to 2034. By the end of 2024, the market is expected to hit USD 74.3 billion, fueled by key trends shaping the industry. Key Trends in the Dietary …
Middle East Flooring and Carpet Market to Reach USD 21.5 Billion by 2033, with a 7.8% CAGR
In 2022, the Middle East flooring and carpet market was valued at USD 9.43 billion, with projections indicating it will reach USD 10.17 billion by the close of 2023. Over the forecast period, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8%, ultimately reaching USD 21.52 billion by 2033. …
Asia Pacific Functional Food Ingredients Market to Reach USD 4.34 Billion by 2033, Growing at 6.9% CAGR
The Asia Pacific Functional Food Ingredients Market is valued at USD 4.2 billion in 2023 and is projected to reach USD 4.34 billion by 2033, growing at a 6.9% compound annual growth rate (CAGR) during the forecast period. Key factors driving this growth include increasing demand for clean-label products, evolving food and beverage regulations, and growing …
Global Perfume Market Set to Grow 5.5% CAGR: From USD59.4 Billion in 2023 to USD101.3 Billion by 2033
Recent research by Future Market Insights (FMI) predicts that the global perfume market will grow at a Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period. The market is expected to increase from $59.4 billion in 2023 to $101.3 billion by 2033. This growth underscores a significant rise in global demand for perfumes, …
Mobile Phone Accessories Market Expected to Exceed USD196 Billion by 2034: Projected CAGR of 6.5% from USD104 Billion in 2024
According to recent analysis, the mobile phone accessories market is projected to surpass a valuation of US$ 196.14 billion by 2034, with a steady Compound Annual Growth Rate (CAGR) of 6.5% over the forecast period. Currently valued at US$ 104.5 billion in 2024, the market is poised for consistent growth fueled by shifting consumer preferences …
Telehandlers Market Projected to Hit USD 11,822.81 Million by 2034, Expanding at a 5.9% CAGR | FMI Reports
Telehandler Market The global telehandlers market is projected to reach USD 11,822.81 million by 2034, with a Compound Annual Growth Rate (CAGR) of 5.9%, according to Future Market Insights (FMI). The growing demand for telehandlers is driven by their remarkable versatility. These multi-functional machines are becoming essential across various industries, including construction, infrastructure development, manufacturing, …
Automotive Remote Diagnostic Market Expected to Reach USD 108,163.40 Million by 2034, Growing at a 17.40% CAGR | FMI Reports
Automotive Remote Diagnostic Market By 2034, the global automotive remote diagnostic market is projected to reach USD 108,163.40 million, reflecting a robust Compound Annual Growth Rate (CAGR) of 17.40%. The market is anticipated to be valued at USD 21,747.60 million in 2024. Several key factors are driving this growth. The automotive industry’s emphasis on reducing …
Solar Shading Systems Market Projected to Reach USD 5.72 Billion by 2032, Expanding at a 3% CAGR | FMI Reports
Solar Shading Systems Market The global solar shading system market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 3% through 2032. With a valuation of USD 3.9 billion in 2022, the market is expected to grow to USD 5.72 billion by 2032. This growth highlights the increasing appreciation for the advantages …