The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033. The market for halal food is expected to grow from US$ 1.2 …
Author Archives: Editor AM
Middle East and Africa Rough Terrain Cranes Market Expected to Grow at a Significant CAGR of 7.3% | FMI
Future Market Insight predicts that the Middle East and Africa rough terrain cranes market could grow significantly, reaching US$ 693.1 million by 2033. The market is projected to experience a CAGR of 7.3%, indicating a notable rise from its estimated worth of US$ 342.6 million in 2023. Increasing infrastructure projects in the Middle East and …
Navigating the US$ 8.2 Billion Surge Unveiling the 13.5% CAGR Growth in the Cultured Meat Market by 2033 Amidst Environmental Awareness
The cultured meat market has reached a notable peak in 2023, rising from US$ 2.1 billion in 2022 to US$ 2.3 billion. Forecasts for 2033 are very positive, with revenues expected to reach US$ 8.2 billion, fueled by a 13.5% compound annual growth rate from 2023 to 2033. The primary drivers behind the industry’s notable increase …
The US$ 598 Million Surge Navigating the 7.5% CAGR Growth in the Global Synbiotic Products Market by 2032
The global synbiotic products market is projected to reach US$ 598 million by 2032, with a 7.5% CAGR. Symbiotic, a blend of prebiotics and probiotics, foster the growth of gut bacteria, addressing challenges faced by probiotics alone, emphasizing the efficacy of their combined use. The global symbiotic products market is set to witness growth at a CAGR …
Conventional Motorcycles and Scooters Market Aiming for a Market Value of US$ 1,99,138.0 million by 2033
The conventional motorcycles and scooters market is forecast to experience a growth of 3.8% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,37,145.2 million in 2023. The use of scooters and motorcycles helps beat traffic congestion and, in turn, shorten the commute …
Automotive Repair & Maintenance Services Market Projected to Reach US$ 1,850 Billion by 2033
According to Future Market Insights, the global automotive repair & maintenance services market is expected to be valued at US$ 915.88 billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach US$ 1,850 billion. The market presents significant market opportunities for key players due to …
The US$ 765 Million Journey Unveiling the 3.4% CAGR Surge in the Global Crystalline Fructose Market by 2032 Driven by R&D Innovations
The global crystalline fructose market is set to achieve a stable 3.4% CAGR from 2022 to 2032, reaching $765 million by 2032 from $532 million in 2022. This growth is driven by strong R&D efforts and technical capabilities, allowing companies to expand their market share. The higher sweetness of crystalline fructose compared to high fructose …
The Journey to US$ 81.07 Billion Exploring the 4.3% CAGR Surge in the Sugar Confectionery Market by 2033 Amidst Growing Indulgence
The sugar confectionery market is poised to hit $81.07 billion by 2033, marking a 4.3% CAGR from 2023’s $53.21 billion valuation. Its growth is driven by rising demand for indulgent treats, especially among younger consumers, alongside global population growth, particularly in developing regions with increasing discretionary income for food purchases. The sugar confectionery market is anticipated to …
Exploring the US$ 989.2 Billion Surge in the Global Fermented Foods and Beverages Market by 2032 Driven by Alternative Protein Trends
By 2032, the fermented foods and beverages market expected to expand by 5.6% to reach US$ 989.2 billion globally. The global upsurge in fermented product consumption is the cause of this. Alternative protein sources are becoming more popular among producers and consumers due to worries about animal welfare and carbon footprint. The global fermented foods and …
The Cannabis Drinks Market’s Journey to an US$ 8.3 Billion Valuation by 2032 Amid Evolving Health Benefits
The cannabis drinks market is booming due to expanding legalization and evolving consumer views. Innovative products, from CBD-infused waters to THC-laced beers, cater to diverse preferences. Health benefits like improved sleep, weight loss, and anxiety reduction drive the projected 37.3% CAGR growth to reach a US$ 8.3 billion valuation by 2032. The Cannabis Drinks Market is …