The butter market size is projected to be valued at US$ 46.8 billion in 2023, and is expected to rise to US$ 67.6 billion by 2033. The sales of butter are expected to register a CAGR of 3.8% during the forecast period. Customer buying habits have changed over the last few years to boost sales of goods …
Category Archives: Press Release
Global UHT Milk Market Set to Reach USD 119.79 Billion by 2033 Driven by Convenience and Health Consciousness
The UHT milk market size 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 …
Plastic-Rubber Composite Market: Versatile Properties Driving Growth Across Diverse Industries
The plastic-rubber composites industry is anticipated to be worth US$ 2,170.9 million in 2023. By 2033, the market is anticipated to reach US$ 3,638.5 million, growing at a 5.3% CAGR over that time. These composites offer greater performance qualities when compared to single materials. These composites combine the benefits of both plastic and rubber, …
Growing Consumer Awareness and Vegan Trends Propel Global Functional Mushroom Market Hits to USD 22 Billion by 2033
Functional Mushroom Market The global functional mushroom market value in 2022 was calculated to be approximately US$ 9,324.7 million. According to FMI, between 2023 and 2033, it will grow at a rate of 9% annually. It also estimates that the entire valuation will have reached US$ 22,023.8 million by the end of the predicted period. The sector …
Rising Demand for Youthful Skin Boosts Collagen Drinks Market Hits to USD 266 Million by 2023
Collagen Drinks Market The global collagen drinks market size is forecast to expand at 9% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 266 million in 2023. Collagen drinks are considered the building blocks of bouncy and youthful-looking skin. The collagen levels start declining somewhere around 25 …
Growing Demand for Natural Health Solutions Propels Botanical Supplements Market to USD 95.7 Billion by 2033
Botanical Supplements Market 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 …
Refrigerated Snacks Market to Reach USD 131 Billion by 2033, Fueled by Changing Lifestyles and Demand for Convenient, Fresh Foods
The refrigerated snacks market is anticipated to expand its roots at an average CAGR of 4% between 2023 and 2033. The market is expected to have a market share of US$ 131.0 billion by 2033 while it is likely to be valued at US$ 88.11 billion in 2023 The changing lifestyle along with eating habits are making way for new packaged and refrigerated …
Polyether Modified Polysiloxane Market: Versatile Applications Driving Growth to Exceed USD 2,122.7 Million by 2033
In 2023, the market for polyether modified polysiloxane is expected to be valued at USD 1,278.6 million. By 2033, the market is projected to grow at a compound annual growth rate (CAGR) of 5.2%, surpassing USD 2,122.7 million. Because of the product’s many uses in a variety of industries, including construction, automotive, personal care, electronics, …
Kombucha Tea Market Set for Robust Growth at 12% CAGR, Reaching USD 5.4 Billion by 2033 Driven by Health Benefits and Innovation
Kombucha Tea The kombucha tea market is anticipated to expand its roots at a steady CAGR of 12% between 2023 and 2033. The market is expected to have a market share of US$ 5.4 billion by 2033 while it is likely to be valued at US$ 1.72 billion in 2023 The high imports and experiments with beverages and tea along with the health …
Champagne Industry to Reach USD 11.9 Billion by 2033, Fueled by Rising Consumer Preference for Premium Sparkling Wine
The champagne market is securing a valuation of US$ 7.3 billion in 2023 and is projected to reach US$ 11.9 billion by 2033. The market is capturing a CAGR of 5% during the forecast period. Growing Popularity of Champagne Upsurge the Global Market Consumers are fond of champagne due to its sparking unique taste and quality. The …