New Product Development
The dairy ingredients market is predicted to grow at a CAGR of 6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 66 Billion in 2023 to US$ 118 Billion by 2033 end. The dairy ingredients market is strongly supported by the largest contribution of the U.S. market. All 50 states in America have dairy …
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Dehydrated Vegetables Market The global dehydrated vegetables market valued at USD 72.7 billion in 2022, is projected to reach USD 159.6 billion by 2033, with a steady CAGR of 8%. Dehydrated vegetables offer extended shelf life and convenience, making them increasingly popular among consumers globally. Dehydrated vegetables are witnessing growing demand due to their longer shelf …
The revenues of the Elderberry Supplements Market valued at USD 1.1 billion in 2022, is projected to grow at a CAGR of 8.9% from 2023 to 2033, reaching a valuation of USD 2.9 billion by the end of the forecast period. Capsules are anticipated to be the leading revenue-generating form, with a projected CAGR of over …
Hyaluronic Acid Supplement Market According to Future Market Insights (FMI), the worldwide hyaluronic acid supplement market is is on track to reach USD 2,281.6 million by 2024, with a projected CAGR of 4.1% from 2024 to 2034. The market is expected to achieve a valuation of USD 3,405.1 million by 2034. The increasing consumer awareness of hyaluronic …
Ursolic Acid Market The Ursolic Acid market is witnessing significant growth, with a projected CAGR of 5.4% from 2022 to 2032. Valued at USD 8.6 million in 2022, the market is anticipated to cross USD 13.2 million by 2032. Ursolic acid’s demand is driven by its diverse applications, including anti-depressant qualities, age-related health benefits, and skincare …
The global salicylic acid market is poised for substantial growth, with a projected CAGR of 6.9% from 2022 to 2032, reaching a valuation of USD 814.2 million by the end of the forecast period. This growth is driven by increasing demand from various industries, including cosmetics, pharmaceuticals, and food preservation. Salicylic acid sales are rising as …
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According to FMI reports, the global plant-based hot dogs market can soar at a rate CAGR of 16.7% from 2023-2033. The net worth of the global share of the plant-based hot dog industry is predicted from USD 496.30 million in 2023 to over USD 828.90 million by the year 2033. A growing market for plant-based hot dogs has …
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Stearic Acid Market The stearic acid market is experiencing significant growth, with a projected CAGR of 7.6% from 2021 to 2026, reaching a valuation of US$ 50 billion by the end of the forecast period. This growth is driven by increasing demand from industries such as personal care, food, pharmaceuticals, and industrial applications. Stearic acid finds …
The citrus water market is expected to increase from USD 10.59 million in 2023 to USD 51.9 million in 2033. The Use of Citrus Water as a Fragrance in Cosmetics Amplifies Production Globally Citrus water is used to increase flavor in the food sector. It is mostly used to manufacture candies in the confectionery business. Citrus water also adds a tangy …
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The yellow pea protein market is predicted to capture a valuation of USD 3.3 billion in 2023 and is projected to rise to USD 11.5 billion by 2033. As per the FMI report, the market is likely to register a CAGR of 14.4% during the forecast period. Food & beverage manufacturers are developing nutrition supplements by increasing the adoption of yellow pea …
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