Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill …
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Food Grade Carrageenan Market is Anticipated to Increase at a 7.1% CAGR 2022-2032
The global food grade carrageenan market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 2.3 Bn by 2032. In food, hydrocolloids have a variety of functions, including gelling, thickening, emulsifying, coating, and stability. Hydrocolloids are used in a wide range of foods, from dairy products …
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Tonic Wine Market Future Trends, Business Opportunity Dynamic Growth & Forecast to 2032
The global tonic wine market is expected to reach market valuation of US$ 1.9 Bn by the year 2021, accelerating at a CAGR of 6.1% by 2022-2032. Tonic wine sales forecast remains positive and is expected to total US$ 3.4 Bn globally by 2032. The pandemic had a huge impact on the tonic wine market due to the forced closure of on-trade vineyards …
Kombucha Tea Market 2022: Qualitative and Quantitative Research with Prior Insights by Industry Experts 2032
The global kombucha tea market is set to witness growth at a CAGR of 12.3% and is anticipated to reach a valuation of around USD 5,234.6 Mn by 2032. One of the primary factors driving the global kombucha tea market is the growing demand for convenience packaging. Busy lifestyles and time constraints across the globe have increased the demand …
Spirits Market Estimated to Experience a Hike in Growth in the Forecast period 2032-FMI
The global spirits market is estimated at US$ 56 Bn in 2022 and is projected to reach US$ 92.9 Bn by 2032, at a CAGR of 5.2% from 2022 to 2032. Spirit is an alcoholic beverage prepared through distillation process in which the component substances are separated from a liquid mixture via evaporation and condensation. This process is used for purification of the …
Champagne Market Current Trends, Key Players and Future Growth Estimations Outlook to 2032
The global champagne market is expected to reach a market valuation of US$ 7.0Bn by the year 2022, accelerating at a CAGR of 5.08% by 2022-2032, to reach a value of US$ 11.5Bn by 2032. The alcohol beverage industry suffered from initial set back due to pandemic as spread of virus resulted in delays in shipment, rise in packaging cost, and scarcity of …
Vegan Yogurt Market Business Growth, Current Trends, Application Details, Key Components, Forecast 2032
The global vegan yogurt market size is expected to reach a market valuation of US$ 2.2 Bn in 2022, with sales growing at a robust 8.9% CAGR over the forecast period. Increasing incidence of lactose intolerance among consumers is resulting in lesser consumption of milk-based products. As a result, plant-based diet has grown in popularity among the …
Organic Tea Market Analysis by Business Developing Strategies, Growth Key Factors and Forecast to 2032
The global organic tea market is expected to reach market valuation of US$ 1.2 Bn by the year 2022, accelerating at a CAGR of 8.2% by 2022-2032. Organic products are becoming common among consumers due to their changing lifestyles and the growing notion that organic products are healthier than conventional ones. Moreover, the growing trend of consuming …
Pet Food Ingredients Market Development Strategy, Opportunities, Future Prospects and Regional Forecast by 2032
The pet food ingredient market was valued at US$ 11.49 Bn in 2021 and is projected to grow at a CAGR of 5.4%, to reach a value of US$ 20.5 Bn by 2032. The market accounts for 6% of the overall pet care market which was valued at US$ 189 Bn in the year 2021. This growth is attributed to the current …
Dehydrated Pet Food Market Growth Factors of Revenue by Industry Statistics-2032
The global dehydrated pet food market is projected to reach US$ 8.6 Bn, registering a CAGR of 4.9% during the forecast period (2022-2032). The overall sales of dehydrated pet food for dogs are expected to surpass US$ 13.8 Bn by the end of 2032. Surging adoption of dogs and cats and growing trend of pet humanization will boost the dehydrated pet food …
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