According to Future Market Insights (FMI), the global cocoa market is estimated to reach US$ 15,156.7 million in 2023 and further accelerate at 4.7% CAGR throughout the assessment period. By 2033, the market size is set to attain a valuation of US$ 23,981.1 million. The growing use of cocoa in the burgeoning confectionery industry is a major driver driving the global cocoa …
Category Archives: Press Release
Growing Preference for Personalized Nutrition among Customers to Surge Lactic Acid Bacteria Market at a CAGR of 6.1% through 2034
The global lactic acid bacteria market is set to be valued at US$ 1,163.6 million in 2024. The market is anticipated to witness impressive growth during the forecast period. The market is expected to expand at a CAGR of 6.1% during the forecast period and reach a value of US$ 2,112.5 million by 2034. The global lactic acid bacteria (LAB) market …
iBeacon and Bluetooth Beacon Market: The Next Frontier in Indoor Location-Based Services. FMI predicts the market is Expected to Surpass US$ 1,38,652.2 million in 2033
It is anticipated that the market for iBeacons and Bluetooth beacons will grow at an excellent 27.5% CAGR from 2023 to 2033, outpacing the lower 25.4% CAGR observed between 2018 and 2022. This notable increase, which increased the market value from US$ 21,181.1 million in 2023 to US$ 1,38,652.2 million by 2033, demonstrates the need for …
Aloe Vera Extracts Market Vision: Poised to Reach a Monumental US$ 7.3 Billion by 2033, Reflecting a Thriving Global Demand
The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of US$ 3.5 billion in 2023 and US$ 7.3 billion by 2033 Aloe vera is a succulent plant belonging to the genus Aloe. It grows in various tropical regions across the world and is mostly used …
Food Preservatives Market Forecast: On Track to Achieve a Valuation of US$ 5,725.70 Million by 2033
The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 2,965.62 million in 2023 to US$ 5,725.70 million by 2033 end. As the clean label movement gains traction, public curiosity and awareness of food ingredients has increased. As a result, the …
Rapeseed Meal Market Poised for US$ 8.6 Billion Surge by 2034 Fueled by Livestock Growth | FMI
Global rapeseed meal market sales are estimated to be valued at around US$ 4.8 billion in 2024. Over the assessment period, rapeseed meal demand is poised to rise at a CAGR of 6.1%, with total market valuation reaching US$ 8.6 billion by 2034. The market growth will likely be propelled by a combination of several factors during the forecast period. These include: Expanding …
Stevia Market Growth Trajectory: Estimated to Reach a Market Cap of US$ 739.4 Million by 2034 with a CAGR of 6.2%
The global stevia market is expected to rise from US$ 405.6 million in 2024 to US$ 739.4 million by 2034. By 2034, the market is projected to surge at 6.2% CAGR. Stevia’s market is expanding due to increased demand for calorie-free, natural sweeteners. Given the increased worry about sugar’s potential negative health effects, stevia’s plant-based origins and zero-calorie properties have gained …
Agricultural Surfactant Market Poised for US$ 3.5 Billion Growth by 2034 with a 6.5% CAGR – Insights from Industry Forecast 2024 to 2034
The global agricultural surfactant market is poised to cross US$ 1.8 billion in 2024 and is likely to attain a valuation of US$ 3.5 billion by 2034. The market is projected to expand at a CAGR of 6.5% from 2024 to 2034. The demand for agricultural input is changing due to the rise in organic farming. Farmers aiming to obtain organic certification increasingly …
Feed Barley Market Expected to Hit US$ 2,125.0 Million by 2034 Driven by Increased Demand for Affordable Nutrient Solutions and Growing Livestock Industry
Global feed barley sales are expected to be valued at around US$ 1,232.3 million by the end of 2024. The market is projected to register a 5.6% CAGR in the forecast period from 2024 to 2034. It is anticipated to reach a market valuation of US$ 2,125.0 million by 2034. Cereal grains like barley are mainly fed to fish, fowl, and other animals. …
Exponential Growth Forecasted for Global Microlearning Platforms Market: Services Segment Anticipated to Lead Revenue Generation Through 2033
The estimated valuation of the worldwide microlearning platforms market in 2023 is US$ 2,412.6 million. By 2033, the market is expected to reach a value of US$ 6,687.6 million, with a projected compound annual growth rate (CAGR) of 10.7% from 2023 to 2033. The necessity for training deskless and mobile workers has expanded due to the constantly …