The global tech-savvy hotel chains market is projected to grow from approximately USD 70,898.5 million in 2024 to USD 294,394.8 million by 2034, with a strong CAGR of 15.3% during the forecast period. In 2023, the market’s value was USD 61,597.3 million, and it is expected to experience a year-on-year growth rate of 13.1% in …
Category Archives: Business
Chickpea Flour Market Poised for Significant Growth, Projected to Reach USD 5,093.1 Million by 2034
The global chickpea flour market is slated to be worth around USD 2,574.1 million in 2024. The market is poised to grow at an encouraging CAGR of 7.1% over the projected period. The global chickpea flour industry is penned in to garner a revenue of almost USD 5,093.1 million by the end of this projected period …
Pulse Flours Market to Reach USD 38.0 Billion by 2033: A Growing Demand for Healthier Alternatives
The pulse flours market is expected to be valued at USD 19.3 billion in 2023, registering a CAGR of 7.0% to USD 38.0 billion by 2033. Due to features such as minimal fat, high fiber content, and low glycemic index, the demand for pulse flours is predicted to rise in the near future. Increasing Adoption …
Frozen Ready Meal Market Projected to Hit USD 73.86 Billion by 2034: Trends and Growth Drivers
According to Future Market Insights (FMI), the worldwide frozen ready meals market size is anticipated to reach USD 44,318.9 million in 2024. It will likely experience steady growth, with global demand for frozen ready meals rising at a CAGR of 5.2% throughout the forecast period. By 2034, the global market valuation is expected to total USD 73,862.0 million. Growing preference …
Global Guar Gum Market Estimated at USD 1,963.93 Million: Insights and Forecast for 2034
The global guar gum market is projected to reach, USD 1,963.93 million in 2034 up from USD 1,234.6 million in 2024. With an expected compound annual growth rate (CAGR) of 4.8% over the forecast period, the market is anticipated to grow to USD 1,963.93 million by 2034. Following the pandemic, there has been a heightened awareness of …
Global Soy Protein Isolate Market Expected to Surge, Projected to Reach USD 8.57 Billion by 2034
The market size for global soy protein isolate sales is estimated to be worth USD 3,675.1 million in 2024. The soy protein isolate market is expected to reach USD 8,573.2 million by 2034. It is projected to surge at a CAGR of 8.8% in the forecast period 2024 to 2034 due to shifting customer preferences toward natural food proteins. The growing awareness of the benefits …
Rising Demand for Customization and E-Bike Adoption Boosts Bicycle Component Aftermarket in Korea | FMI Reports
The bicycle component aftermarket in Korea is set to grow at a CAGR of 5.0% between 2024 and 2034, beginning with a valuation of USD 431.8 million in 2024. This market is on the cusp of significant opportunities, driven by technological advancements and evolving consumer preferences. A notable trend shaping the industry is the integration …
Japan’s Bicycle Component Aftermarket Gains Momentum Amid Rising Popularity of Cycling and E-Bikes | FMI Reports
In Japan, the bicycle component aftermarket is anticipated to grow at a steady CAGR of 5.40% through 2034. The market is projected to reach a valuation of USD 816.1 million in 2024, driven by increasing consumer demand for environmentally friendly and sustainable products. The rising preference for aftermarket components made from recycled materials aligns with …
Battery Technology Market Poised for Unprecedented Growth with Rising Demand for Energy Storage and Sustainable Power Solutions | FMI Reports
The global battery technology market is set for robust growth, projected to reach a valuation of USD 113.5 billion in 2024 and expected to expand at a compound annual growth rate (CAGR) of 8.2% over the forecast period. By 2034, the market is estimated to attain a value of approximately USD 250 billion. This growth …
Axial Piston Motor Market Gears Up for Sustained Growth Driven by Demand for High-Performance Hydraulic Solutions | FMI Reports
The axial piston motor market is projected to grow steadily, with an estimated valuation of USD 375 million in 2024 and an anticipated rise to USD 529 million by 2034. This reflects a compound annual growth rate (CAGR) of 3.70% during the forecast period. The growth is primarily driven by increasing adoption across industries, fueled …