New Product Development
As per Future Market Insights, the projected sales for canned soup are anticipated to achieve a valuation of US$ 5.3 billion by the year 2032, experiencing a notable growth at a 6.6% Compound Annual Growth Rate (CAGR) within the forecast period spanning from 2022 to 2032. Canned soup, crafted with fresh vegetables and meat, has gained heightened …
Continue reading “Canned Soup Market to Hit US$ 2.8 Billion by 2022 with a 6.6% CAGR | FMI Study”
The dairy whiteners market to be worth US$ 11.06 billion by 2023, expanding at a CAGR of 6.1% from 2023 to 2033. By 2033, the dairy whiteners industry is expected to reach US$ 19.29 billion. The demand for dairy whiteners is being fueled by an increase in tea consumption and the health advantages of these products. The …
The global demand for almond milk is expected to experience growth from its estimated US$ 5895.8 million in 2024 to US$ 14193.79 million in 2034. The almond milk market is projected to advance at a 9.2% CAGR over the projected period. The revenue growth in the vanilla almond milk industry can be attributed, in large part, to …
The UHT milk market is expected to be worth US$ 69.09 billion in 2023 and to thrive at a CAGR of 6%. With a growing emphasis on health and wellness, UHT milk sales are predicted to reach US$ 119.792 billion by 2033. The UHT milk industry can benefit from the growing popularity of healthy alternatives to on-the-go …
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 US$ 4.74 billion by 2033 while it is likely to be valued at US$ 2.42 billion in 2023 Advanced healthcare and wellness centers with diet charts and plans are making people aware of their …
The market for almond butter is anticipated to achieve a valuation of US$ 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 US$ 1,245 million by 2033. Almond butter has gained popularity as a spread, snack, and sauce thickening owing …
The global botanical supplements market size is expected to surpass a valuation of US$ 71,963 million in 2023. It is anticipated to hit a valuation of US$ 95,703.2 million by 2033. The market is forecasted to register a CAGR of 3% from 2023 to 2033. Natural and plant-based goods are gaining popularity among customers. Since they believe …
The global vegan caviar market size is anticipated to surpass a valuation of US$ 245.00 million in 2023. It is likely to attain a valuation of US$ 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. …
As per the FMI market survey report, The global tonic wine market value is expected to reach around US$ 1,881 million in the year 2023. the overall market is projected to accelerate at a CAGR of 6% between 2023 and 2033. The tonic wine sales forecast remains positive and is expected to reach a valuation of US$ …
Explosive growth in the Cannabis Beverages Market is caused by evolving consumer preferences and legalisation trends. Sales are expected to grow from $1.2 billion in 2023 to $5.9 billion in 2033 at a 17% CAGR. The increasing popularity of non-psychoactive CBD-infused beverages is being driven by advertisements supporting the use of marijuana for both medical and …