Newly released data from Licorice Root Market Analysis shows that global demand for licorice extracts year-on-year (YoY) grew by 4.7% in 2022 to USD 848.9 Million and is estimated to be USD 1,418.4 Million in 2032 witnessing a prominent CAGR of 5.3%. Licorice root extract is an important flavour component. It is presently used as a flavour …
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Dehydrated Onions Market to Reach US$ 1.6 Billion by 2033, Driven by Strong 19% CAGR and Increasing Demand for Convenience Foods
The global dehydrated onions market is expected to be worth approximately US$ 1.1 billion in 2022. The global dehydrated onion market is expanding as a result of factors such as increased customer demand for fast food and ready-to-eat convenience foods. It is thus expected to have generated US$ 3.6 billion by 2023, with a CAGR …
Infant Formula Market to Reach US$ 114.1 Billion by 2033, Signifying Robust Growth in the Global Industry
According to Future Market Insights (FMI), the infant formula market is likely to reach a value of US$ 49.9 billion in 2023. It is anticipated to surpass US$ 114.1 billion in 2033. Between 2023 and 2033, a robust CAGR of 8.5% is likely to propel market acceleration. Infants need a variety of micronutrients for their overall development. Those micronutrients occur naturally in human …
Fishmeal Market Expected to Reach USD 15,000 Million by 2032, Reflecting a Promising Growth Trend
The fish meal market is anticipated to be worth USD 8,000 million in 2022 and to develop at an unprecedented rate to reach USD 15,000 million by 2032 with a CAGR of 7.7% over the assessment period. Trout and salmon are frequently used as a good source of raw material in the production of fishmeal. As the …
Dairy Alternatives Market to Exhibit Robust 8.3% CAGR by 2033, Driven by Increasing Consumer Demand and Health Consciousness
The dairy alternatives market was worth US$ 21.2 billion in 2023 and is expected to grow to US$ 47.1 billion by 2033, with an 8.3% CAGR from 2023 to 2033. The high nutritional value and functionality profile of plant-based dairy replacements is predicted to be a significant growth driver for the industry forecast. Nondairy beverages are regarded …
Enhancing the Look: Automotive Exterior Trim Parts Market Projected to Reach US$ 30.34 Billion by 2030 with a Steady CAGR of 4.7%
Future Market Insights, an ESOMAR certified market research firm, in its latest study on the automotive exterior trim parts market size will reach a valuation of US$ 30.3 Billion at CAGR of 4.7% by the end of the year 2030. Recyclable and Lightweight Materials Finds its Takers Sustainability and light-weighting are key focal points by …
Efficiency in Motion: Lightweight Compact Wheel Loader Market Expected to Reach US$ 2.03 Billion by 2030 with a Steady CAGR of 2.7%
The global lightweight compact wheel loader market is estimated to expand at a sluggish pace, reaching the valuation of US$ 2.03 Billion in 2030. Lightweight compact wheel loaders are emerging as preferred equipment on job sites for many projects, a regular-sized wheel loader may be very large for the worksite. In these cases, lightweight compact …
Unleashing Power: Automotive Performance Parts Market Projected to Reach US$ 532.02 Million by 2032 with a Steady CAGR of 4.6%
It is projected that the Europe automotive performance parts market will continue to grow globally over the forecast period as the number of vehicles owned is expected to increase along with the demand for passenger cars. According to estimates, the automotive performance parts market will increase from US$ 339.32 million in 2022 to US$ 532.02 …
Green Transit: Europe Trolley Bus Market Expected to Reach US$ 999.1 Million by 2033 with a Steady CAGR of 2.7% | Future Market Insights
The Europe trolley bus market was worth US$ 765.4 Million in the year 2022 and is expected to reach US$ 999.1 Million by the year 2029 at a CAGR of 2.7% between 2022 and 2033. Trolley buses are renowned for having zero emissions and little noise during operation. This component unquestionably complies with the stringent …
Precision in Control: Automotive Control Cable Market Expected to Reach US$ 3.4 Billion by 2029 with a Steady CAGR of 4.6%
A new market research study by Future Market Insights, the demand in the global automotive control cable market is anticipated to generate an absolute dollar opportunity of close to US$ 3.4 billion, expanding at a CAGR of 4.6% by the year 2029. Release of new automobile models and the astounding growth of the automotive parc have …