New Product Development
The citrus oils market is expected to be worth US$ 3.9 billion in 2022. According to Future Market Insights (FMI), the global market value is estimated to reach US$ 5.8 billion by 2032, expanding at a CAGR of 4% between 2022 and 2032. The following factors can be linked to this expansion: The citrus oils market is quickly expanding …
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Newly released data from analysis by Future Market Insights shows that global consumption of Tortilla enjoyed a year-on-year (YoY) growth of 3.4% in 2022 to total sales of US$ 26,394.9 Million. Tortilla consumption has risen dramatically in the last ten years. The global tortilla market is anticipated to reach US$ 37,018 million by 2032, growing at a CAGR of 3.4% from …
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The Potato Flakes Market is expected to see steady growth, with a projected size of US$ 11,824.1 million by 2032, reflecting a healthy Value CAGR of 5.3% from 2022 to 2032. This growth is driven by the increasing demand for convenient and versatile potato-based products, appealing to diverse consumer preferences. The potato flakes market is predicted to expand because to …
The global energy drink market is anticipated to reach a value of US$ 69.8000 Million in 2022, with sales growing at a healthy CAGR of 6.0% over the forecast period of 2022 to 2032. The market is estimated to reach US$ 125,001.16 Million by 2032. The increasing popularity of energy drinks coupled with a wide variety of products offered in the market and …
The global food and beverage microalgae market is expected to increase at a 7% annual pace from 2023 to 2033, with a value of US$ 125 million in 2023. The market is estimated to reach US$247.4 million by 2033. The demand for ingredients derived from natural sources will increase, creating opportunities for increasing microalgae applications in the food sector. …
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The mobile payment data protection market is expected to grow at a 12.3% CAGR between 2022 and 2032. In 2022, the global mobile payment data protection market is expected to be worth US$ 603.9 billion. The market is anticipated to grow at US$ 1.9 Trillion. The day-by-day expansion of digital payments and rising fraudulent activities in these …
The dual-clutch transmission market is likely to thrive at a CAGR of 9.8% during the forecast period. The market is anticipated to cross a market share of US$ 52.1 billion by 2033, while it holds a revenue of US$ 20.4 billion in 2023. – The market demand for dual clutch transmission rises with the companies adopting the …
The electric scooter market is estimated to be worth US$ 10.4 billion in 2023 and is projected to be valued at US$ 24.8 billion by 2033. Between 2023 and 2033, the market is expected to register a CAGR of 9.1%. The electric scooter market is expected to grow due to the implementation of government regulations …
The market demand for battery thermal systems of electric vehicles was estimated at US$ 1,059.7 million in 2018, which registered a CAGR of 14.8% from 2018 to 2022. In the present year 2023, the overall valuation of the global EV thermal system market size is anticipated to be around US$ 2,243.7 million. As per the …
The total value of electric commercial vehicle MRO market in the previous year 2022 is figured at around US$ 513.9 million. During the projection period, the FMI report predicts that the overall market would develop at an amazing pace of 23.8% per year. Meanwhile, the total market value is anticipated to grow from US$ 638.7 …
