New Product Development
From 2023 to 2033, the hyperlocal food delivery industry is anticipated to expand at a CAGR of 7%. Convenience is becoming more and more in demand, and internet food ordering is becoming common. Due to government laws, improved awareness, and technical developments, opportunities for driver restraint systems are growing. Their effectiveness is increased by innovations …
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The vegan chocolate market stands at USD 1,233.9 million in 2023. The market is predicted to show phenomenal growth from 2023 to 2033, growing at a CAGR of 11.9%. By the end of 2033, the market is expected to reach USD 3,814.2 million. Vegan chocolate production is advancing rapidly due to the rising vegan population. Vegan chocolates …
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The sugar substitute market is likely to hold a valuation of US$ 28.57 billion by 2033. As of 2023, the market value is US$ 17.13 billion. The demand for lower-calorie alternatives is witnessing growth, making the sugar substitute market grow by 5.2% from 2023 to 2033. As the world fights lifestyle-related chronic diseases like hypertension, diabetes, …
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The worldwide liquid sugar market is projected to grow significantly in the coming decade. Valued at an estimated USD 77 million in 2024, the sector is expected to display a compound annual growth rate (CAGR) of 5.8% from 2024 to 2034, eventually reaching a market value of USD 135 million by the end of the …
The nut butters market is expected to develop at an impressive 8.7% CAGR from 2023 to 2033, outpacing the lower 3.3% CAGR witnessed between 2018 and 2022. Such a positive forecast suggests a robust and flourishing market, with the market value projected to surge from US$ 1.20 billion in 2023 to US$ 2.76 billion by …
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By 2033, the takeaway dinner market is expected to grow at a 7% CAGR and reach USD 514.7 billion. This gastronomic revolution is sparked by urbanization, internet meal delivery, changing nutritional choices, and technology improvements. Convenience and flavors come together as drones deliver mouthwatering treats. Takeaway dinners are increasingly necessary as urbanization continues to soar and …
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The Chinese takeout market is experiencing rapid growth, fueled by changing consumer lifestyles, increased internet usage, and rising demand for home delivery services. With a projected CAGR of 7.2% from 2022 to 2032, the market is expected to reach USD 107.8 billion by 2032, up from USD 62.7 billion in 2022. Factors such as urbanization, …
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The weatherization services market in North and Latin America is projected to grow at a steady pace, expanding by 4.0% from 2022 to 2032, with a market valuation expected to reach USD 51.81 billion by 2032, up from USD 35 billion in 2022. Weatherization services, which enhance energy efficiency in residential and multifamily housing, are …
The flare gas recovery system market in Europe is on track to experience robust growth, with projections estimating an expansion from USD 158.1 million in 2023 to over USD 242.5 million by 2033, marking a compound annual growth rate (CAGR) of 4.3% over the forecast period. Flare gas recovery systems, also known as flare gas …
Future Market Insights (FMI) has released a new report predicting that the global demand for rock dusters will grow from USD 325.82 billion in 2023 to USD 561.6 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 5.6% during the forecast period. This growth is largely attributed to increasing applications in mining, …
