New Product Development
Convenience food demand is expected to increase globally at a CAGR of 7%. The market revenue is anticipated to be about US$ 552.8 million in 2022 and US$ 1,086.425 million by 2032. Over the years, the convenience food market has made life easier for man, owing to its ability to provide a complete meal that has been pre-prepared, …
Continue reading “Convenience Food Market Exhibit a Revenue Growth of US$ 1,086.425 Million by 2032”
In 2022, the global bio based detergent enzymes market is estimated at US$ 5710 Million. The market is likely to reach nearly US$ 11659.4 Million by 2032, with a growing CAGR of 7.4% from 2022 to 2032. The demand for bio based detergent enzymes is steadily growing owing to the shifting trend of replacing chemically obtained detergents …
The beverage clouding agents market will be worth US$1210 million by 2032. By 2032, the market is projected to have grown at a CAGR of 6.9%, or roughly US$ 2358.1 million. Clouding agents are the key additive in beverages that offers them the natural opacity appearance, making them visually cloudy and appealing to consumers. While a typical …
In 2032, the dairy snacks market would likely be worth US$ 214 Bn. Additionally, due to an increase in the consumption of dairy products worldwide, it is expected that between 2022 and 2032, global sales of dairy snacks would grow at a rate of about 6% CAGR, reaching a value of US$ 380 Bn. Demand for dairy …
With a robust compound annual growth rate (CAGR) of 9.1% between 2022 and 2032, the global cochineal extract market is projected to reach US$ 73,736.1 Mn by 2032, representing a year-over-year (YoY) rise of 6.7%. The cochineal is an insect from Dactylopius coccus family, from these insects natural food color dyecarminis derived. The female insect is dried and then …
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The global lager market is expected to reach a market valuation of US$ 370 Bn by the end of 2022, accelerating at a CAGR of 2.9% during the forecast period (2022-2032). Lager sales are likely to account for ~55% of the demand in the global beer market, valued at US$ 677 Bn in 2022. Rapid expansion of alcoholic beverage market is one of the …
The boat trailers market size worldwide reached a consensus value of US$ 978.7 million in 2022. The estimated market value in 2023 will probably be close to US$ 1,023.9 million. A sluggish 4.5% CAGR between 2023 and 2033 seems likely to push the market to US$ 1,590 million by 2033. Boat trailers are a type of …
The automotive body in the white market size is expected to be worth US$ 61.5 Billion in 2022. The market is anticipated to surpass US$ 89.4 Billion by 2033 from US$ 63.5 Billion in 2023. The demand for the automotive body in white is predicted to grow at a 3.5% CAGR during the forecast period. …
According to FMI’s study, The United States EV Powertrain Market is expected to continue growing over the next ten years. The creation of advanced powertrains would be the main priority as customers favor high-end EVs and travel longer distances. The United States continues to dominate the industry on a global basis, selling nearly 10.8% of …
The global watercraft accessories market is projected to grow from US$ 6,901.1 Million in 2021 to US$ 12,382.9 Million by 2032, with sales growth at a healthy CAGR of 6% throughout the forecast period. Rising demand for watercraft accessories from diverse end use sectors including military & defense, amusement parks, coastal tourism & shipping company, …