With a spectacular CAGR of 24% from 2023 to 2033, FMI predicts that the global plant-based pork market could rocket to a value of US$ 1.88 billion in 2023. Additionally, by the year 2033, this industry is projected to reach a staggering US$ 16.72 billion. The veganism movement is being fueled by the growing environmental and animal …
Monthly Archives: September 2024
Matcha Market Set for Rapid Expansion with a 10.2% CAGR, Expected to Reach USD 7.1 Billion by 2033
Matcha Market The matcha market is expected to record a CAGR of 10.2% during the forecast period. The market is expected to hold a share of US$ 2.7 billion in 2023 while it is anticipated to cross a value of US$ 7.1 billion by 2033. Significant Growth Factors: The generation that is becoming concerned about their health is …
Global Rapeseed Oil Market Forecast: A 4.6% CAGR to Drive Market Value to USD 27.7 Billion by 2033
Rapeseed Oil Market The global rapeseed oil market is expected to cross a valuation of US$ 27.7 billion by 2033. The market is projected to advance at a CAGR of 4.6% from 2023 to 2033. In 2023, the market is anticipated to be valued at US$ 17.7 billion. According to a survey, nearly 550 million heart patients …
Fruit Pomace Market Anticipated to Hit USD 5.0 Billion by 2033 with a Steady CAGR of 3.5%
Fruit Pomace Market The global fruit pomace market is projected to reach a valuation of US$ 3.5 billion in 2023 and is anticipated to grow to US$ 5.0 billion by 2033, recording a compound annual growth rate (CAGR) of 3.5% during the forecast period. This steady growth is fueled by the increasing demand for animal and organic …
Magneto Optic Current Transformer Market is Supposed to Rise at a CAGR of 9.3% by 2032 | Future Market Insights, Inc.
The magneto optic current transformer market, which is presently valued at USD 232.4 in million 2022 and is expected to reach USD 563.6 million in 2032, increasing at a CAGR of 9.3%. Increased need for power across all industries, rapid improvements in electrical and electronic technologies, and a variety of other reasons have all contributed to …
Global Vegan Dog Food Market Poised for 7% CAGR Growth, Aiming to Reach USD 26.35 Billion by 2033
In 2023, the vegan dog food market was valued at approximately USD 13.58 billion. This sector is projected to experience a compound annual growth rate (CAGR) of 7% from 2023 to 2033, potentially reaching USD 26.35 billion. The Vegan Dog Food market has witnessed a remarkable surge in recent years, reflecting the growing consciousness towards animal welfare …
Restaurant Takeout Market Poised for 8.3% CAGR Growth, Surpassing USD 4,024.9 Billion by 2032
The restaurant takeout market is expected to reach US$ 4,024.9 billion in 2032 from US$ 2,199.4 Billion in 2022, with a CAGR of 8.3% from 2022 to 2032. The global impact of the Covid-19 pandemic may have accelerated restaurant takeout market growth, but what made it possible has been the recent proliferation of delivery models and fleet …
Dry Sweeteners Market to Record 6.5% CAGR, Projected Valuation of USD 7.9 Billion by 2032
Worldwide dry sweeteners market request is expected to be esteemed at USD 4,200. Millions of every 2022, estimate a CAGR of 6.5% to be esteemed at USD 7,884 Million from 2022 to 2032. Development is credited to the rising interest for bread kitchen items. From 2016-2021 a CAGR of 4.1% was enlisted for the dry sweeteners market. Dry sweeteners are sweetening agents that are …
Duckweed Market to Expand at 10.8% CAGR, Reaching USD 195.4 Million by 2033
Duckweed Market The duckweed market is set to witness substantial growth, reaching a valuation of US$ 195.4 million by 2033, with a CAGR of 10.8% during the period from 2023 to 2033, starting from US$ 76.0 million in 2023. The duckweed market has a great CAGR for many reasons, like increasing awareness about sustainable food and the …
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Animal Feeds Microalgae Market Trends to 2031: Growth Potential and Competitive Landscape
As per a latest Future Market Insights (FMI) analysis, the demand for microalgae in animal feed sector will top USD 57.5 Million in 2021. The overall market is forecast to expand at 3.5% CAGR between 2021 and 2031, reaching a valuation of USD 80.9 Million by 2031 end. Growing population, rising demand for animal products, and increasing adoption of pets are some of the factors …