The global glass substrate industry is poised for substantial growth, with the market size expected to reach USD 2.3 billion in 2024. This demand is anticipated to rise at a robust compound annual growth rate (CAGR) of 5.9% from 2024 to 2034, driven by increasing applications in various sectors, including electronics, automotive, and optics. By …
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Gelatin Industry: Key Growth Drivers and Forecast for 2033
The Gelatin market is likely to hold a valuation of USD 5.39 Billion by 2033. In 2023, the market value is USD 3.12 Billion. As the demand for healthy and nutritious food increases, the gelatin market is also expected to grow by 6% from 2023 to 2033. The rising use of gelatin in the pharmaceutical, food and beverages, and self-care industries …
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Gluten-Free Soup Market: Shifting Consumer Preferences Towards Healthier Alternatives
The gluten-free soup market is anticipated to expand its roots at a steady CAGR of 7% between 2023 and 2033. The market is expected to have a market share of USD 4.74 billion by 2033 while it is likely to be valued at USD 2.42 billion in 2023 Advanced healthcare and wellness centers with diet charts and plans are making people aware of …
Probiotic Drink Industry: Key Insights and Future Opportunities
The global probiotic drink market size is anticipated to surpass a valuation of USD 19,276 million in 2023. It is expected to attain a valuation of USD 39,362.7 million by 2033. The market is anticipated to thrive at a CAGR of 7% from 2023 to 2033. Digestive health has emerged as an issue of significance for …
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Booming Lithium Compound Market: Driven by Pharmaceutical Growth and Expanding Applications in Mental Health Treatment
The lithium compound market is projected to reach a valuation of USD 11.8 billion in 2024, marking the beginning of a remarkable growth trajectory. With a robust compound annual growth rate (CAGR) of 21.3%, the market is expected to experience extraordinary expansion over the next decade. This significant increase is driven by the surging …
Almond Butter Market: Expanding Demand for Nut-Based Products
The market for almond butter is anticipated to achieve a valuation of USD 669.0 million by the end of 2023. Expanding at a CAGR of 6.0% from 2023 to 2033, the market is estimated to reach a valuation of USD 1,245 million by 2033. Almond butter has gained popularity as a spread, snack, and sauce thickening owing …
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Cheese Industry: Growth Forecast and Key Trends
The cheese market is expected to expand from USD 95.0 billion in 2023 to USD 160.0 billion by 2033. Demand for processed cheese, such as Cheddar, Parmesan, and Romano, has increased in recent years due to factors such as the product’s improved shelf life, the appealing flavor profile of processed cheese, and the versatility it …
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Vegan Butter Market Outlook: Impact of Health and Sustainability on Consumer Preferences
The global vegan butter industry is forecasted to expand at 5% CAGR over the estimated period as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 2,870 million in 2023. The vegan butter industry is propelling forward with the surging demand for oats-based vegan butter as witnessed via the B2C sales channel. High …
Vegan Caviar Industry: Growth Driven by the Rising Trend of Plant-Based Diets
The global vegan caviar market size is anticipated to surpass a valuation of USD 245.00 million in 2023. It is likely to attain a valuation of USD 484.1 million by 2033. The market is expected to prosper at a CAGR of 7% from 2023 to 2033. Vegan caviar’s flavor and quality have dramatically increased in recent years. …
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Surge in Demand for Natural Insect Repellents Driven by Health Trends and Innovation
The global market for natural insect repellents is on an upward trajectory, estimated at USD 2 billion in 2023 and projected to double to USD 4 billion by 2033. This growth, driven by rising health consciousness and increasing consumer demand for organic and eco-friendly solutions, represents a robust CAGR of 7.1% during the forecast period. …