New Product Development
Patchouli oil is a popular essential oil derived from the leaves of the patchouli plant (Pogostemon cablin), a member of the mint family. The oil is renowned for its distinct aroma, which is earthy, musky, and slightly sweet. Patchouli oil has been used for centuries in various cultures for its therapeutic and aromatic properties. The patchouli …
Continue reading “Patchouli Oil Industry on Track for USD 101.4 Million Revenue by 2033”
The global vegan cheese market is poised for substantial growth, with projections indicating that the market will reach a valuation of USD 8,231 million by 2034, up from USD 3,467 million in 2024. This represents a robust compound annual growth rate (CAGR) of 9% over the forecast period. The rising popularity of veganism, coupled with increasing consumer awareness about the environmental and health …
Continue reading “Global Vegan Cheese Market to Reach USD 8.2 Billion Valuation by 2034”
The plant-based snacks market size is projected to be valued at US$ 36,083 million in 2023 and is expected to rise to US$ 76,186.6 million by 2033. The sales of plant-based snacks are expected to record a CAGR of 8.0% during the forecast period. The plant-based snacks market has experienced remarkable growth in recent years …
The lipids market is anticipated to reach a value of USD 9.7 billion by 2022 and then grow at a CAGR of 8.7% from 2022 to 2032 to reach USD 22.5 billion by 2032. According to the most recent estimate, the global lipids market will make up 25% of the entire fats and oil business in …
Continue reading “Lipid Market Projections: Advancements Beyond Omega-3 to Drive 8.7% CAGR by 2032”
The ingredients market for plant-based food & beverages is predicted to capture a valuation of US$ 2.3 billion in 2023 and is projected to rise to US$ 9.30 billion by 2033. The market is estimated at a CAGR of 15% during the forecast period. Increasing disposable income and changing lifestyles towards healthy diets are fueling …
Global sales of vegan frozen pizza market is expected to be valued at US$ 854 million in 2023 and to reach a valuation of US$ 1908.7 million by 2033. The demand for vegan frozen pizza is estimated to grow at a steady 9.3% CAGR, with the U.K., the U.S., China, and India emerging as key …
The demand for fish collagen peptides market is predicted to capture a valuation of US$ 783.75 million in 2023, and is projected to rise to US$ 1,217.14 million by 2033. The market is estimated at a CAGR of 4.5% during the forecast period. The rising bone damage, weakness, and nutrition deficiencies increase the demand for fish …
The net worth of the global sales of rum is estimated to be worth USD 18.0 billion in 2024 and is projected to reach a value of USD 25.4 billion by 2034, expanding at a CAGR of 3.5% over the assessment period of 2024 to 2034 Increasing consumption of alcoholic beverages and rising per capita income …
The demand for chocolate flavors market is anticipated to reach US$ 651.50 million in revenue by 2033 from its predicted value of US$ 411.58 million in 2023. During this period, the market is estimated to register a CAGR of 4.7%. The beneficial flavonoids found in cocoa, which give chocolate flavors their distinct taste, are widely recognized. The antioxidant properties of …
The global demand for cooking wine market is expected to be valued at US$ 401.2 million in 2023 and reach a valuation of US$ 636.8 million by 2033. The demand for cooking wine is estimated to register a 4.5% CAGR during the forecast period. The growing awareness about the negative impact of chemical-based products on …
