The electric sub-meter market has achieved a commendable valuation of US$ 10.4 billion as of 2023, with forecasts indicating a robust trajectory towards an impressive US$ 15.3 billion by 2033. This substantial growth underscores the pivotal role electric sub-meters are set to play in reshaping the contemporary energy landscape. From 2018 to 2022, there has been a…
The diaphragm coupling market has demonstrated impressive growth, with a substantial valuation of US$ 547.3 million in 2022, laying a strong foundation for future advancements. Anticipating a consistent Compound Annual Growth Rate (CAGR) of 3.5%, the market is projected to experience significant expansion, reaching an impressive valuation of US$ 772.3 million by 2032. Diaphragm couplings, once limited…
The adoption of dinner Ready-to-Eat (RTE) food is expected to increase at a CAGR of 6.00% during the forecast period. The dinner Ready-to-Eat (RTE) food market size is anticipated to rise from US$ 14,692 million in 2023 to US$ 25,184.3 million in 2033. One of the key factors driving market expansion is the rapidly urbanising food and beverage industry, which is also expanding. Global…
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With a spectacular CAGR of 24% from 2023 to 2033, FMI predicts that the global plant-based pork market could rocket to a value of US$ 1.88 billion in 2023. Additionally, by the year 2033, this industry is projected to reach a staggering US$ 16.72 billion. The veganism movement is being fueled by the growing environmental and animal rights consciousness among a sizeable…
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The global yeast extract industry is expected to rise from US$ 1,472.9 million in 2023 to US$1550.9 million in 2024. The market is projected to reach a value of US$ 2,584.0 million by 2034, expanding at a CAGR of 5.78% over the forecast period. North America now has the fastest-growing yeast extract market, with the United States accounting for more than half of…
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The Powdered Beverages Market is rapidly expanding as customers seek quick and flexible beverage options. Powdered beverages have been a popular choice among health-conscious individuals and busy lives due to an increase in demand for on-the-go solutions and customised flavours. The market’s expansion is being driven by innovative product launches that cater to a wide range of…
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The organic feed market is expected to witness growth at a CAGR of 7.7%, reaching a valuation of US$ 14.3 Billon by 2032. Conventional feed contains high amounts of chemicals that hamper the quality of meat when consumed by animals on a daily basis. Long term consumption of such meat as results in severe health disorders. In order to overcome…
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FMI report, the sales of processed fruits & vegetables are expected to surpass a value of US$ 539.8 Billion in 2032, rising at a CAGR of around 7.1% through the end of 2032. The increased is attributed to the product’s high nutritional value and minimum processing. Manufacturers are reshaping the market for processed fruits and vegetables by utilising a variety of packaging options to keep…
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In the global malt beverage market, the malt beverage market is anticipated to grow at a CAGR of 10.1% over the projection period. Future market trends for malt beverages point to a value of US$6.43 billion in 2022 and a projected US$16.83 billion by 2032. The malt beverages market is witnessing significant growth due to rising consumer preferences for healthier and diverse…
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The market for glandular ingredients is projected to be US$ 105.83 billion in 2022 and to increase at a CAGR of 6.9% to US$ 206.25 billion from 2022 to 2032. Dietary supplements with glandular components include nutrient sources that support the operation of particular glands. Ingredients obtained from glands of animals are processed using lyophilization. Glandular ingredients are nutritional sources that are…
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