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percent CAGR between 2022 and 2032, and Plant-Based Milk sales will grow ~ 2x by 2032, says Future Market Insights. Plant Based Protein accounted for US$ 11.3 Bn in sales in 2021, while Meat Alternative Market experienced a year-on-year growth of 5.2 percent in 2021.
Last year, the global induction cooktops market was valued at more than $9B, and is expected to surpass $15B by 2032. Sales of induction stoves are on the rise in the U.S., representing 18 percent of sales in 2023.
percent in 2032 , indicating a tighter labor market may be our new reality for the foreseeable future. This scenario underscores a labor market gradually cooling from its post-pandemic fervor yet maintaining its robustness, evidenced by the ratio of 1.45 percent in 2022 to 60.4
Mn by the end of 2032. According to Future Market Insights, the plant-based beverage market is expected to register a CAGR of 6.7 percent by garnering a market value of US$ 506,534.7 Organic juices, protein-rich beverages and plant-based coffees are widely consumed by people across the globe.
It aims to have 1,000 locations by 2032. It measures 3,000 square feet, seats 40 guests and offers digital order pickup and delivery. Cava now operates in 26 states and Washington, D.C. In its 2024 fiscal year, it opened 58 net new… Source
from 2022-to 2032. Vegan trends are not only limited to raw ingredients, but they are also spreading to other domains of foods and beverages, such as confectioneries. According to a recently published report by Future Market Insights, the global vegan cheese market is expected to witness a prominent growth rate of 9.3%
From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. with a potential market value of 65.5 billion USD.
billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78
billion by 2032, representing a compound annual growth rate of 11.5%. Once considered relatively niche, the luxury segment of the hospitality industry has exploded in recent years, with rising global wealth and increasing desire for personalized and immersive experiences driving the interest. And it’s expected to grow to USD 154.32
For more information or assistance, please contact us at 1-888-421-2032 (Monday to Friday, 9:00am to 5p.m. As part of the firms ongoing investigation, the product was tested and found to contain milk, which is not indicated on the packaging. The firms investigation is ongoing Recalled product can be returned to the place you purchased.
billion by 2032 , with a compound annual growth rate (CAGR) of 41.89% during the forecast period from 2023 to 2032. The global precision fermentation market was valued at USD 1.93 billion in 2022 and is poised to reach approximately USD 63.85
billion by 2032. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78
billion by 2032, meaning a CAGR of 6.01% in present. Various flavour trends are emerging today by keeping in mind cultural influences, health-conscious choices, and innovative culinary techniques. A Fortune Business Insights report indicates an industry growth of $26.28
As a result, the Global Cruise Tourism Market, which was valued at more than US$5 billion in 2022, is expected to grow at a CAGR of nearly 12% to surpass US$17 billion by 2032.
by 2032, citing vegan seafood as an area of increased relevance. Emerging Trends in Plant-Based Market: Alt Seafood & South Korea Poised for Success As Industry Approaches $105B – Vegconomist A new report regarding global plant-based food and beverages states its market value will hit $104.7b How can this be?
As Allied Market Research reports, the global events industry is projected to reach US$2 trillion by 2032 nearly doubling its 2019 size of US$1.1 Event-driven travel is undeniably booming, with its influence seen in hotel occupancy and room rates.
Eco-Friendly Food Packaging The global eco-friendly food packaging market is expected to reach a size of US$ 380 billion by the end of 2032, as per data released by Fact.MR, a market research and competitive intelligence provider.
from 2024 to 2032. million US$ by 2032. Data suggest the market will expand to 29.4 billion US$ at a compound annual growth rate (CAGR) of 9.6% Moreover, the Indian gluten-free bakery market is projected to rise from 55.0347 million US$ in 2023 to 108.89
billion by 2032. Paneer is set to shoot the global market with significant growth by 2032. Paneer’s nutritional benefits like being rich in protein and calcium have driven the global demand for traditional food and vegetarianism. The market reports state that the global paneer market was valued at USD 9.8
billion by 2032. Paneer is set to shoot the global market with significant growth by 2032. Paneer’s nutritional benefits like being rich in protein and calcium have driven the global demand for traditional food and vegetarianism. The market reports state that the global paneer market was valued at USD 9.8
Bn USD in 2023 and, with almost double-digit growth, it is expected to touch USD 28-29 Bn USD by 2032. By Anurag Mishra The Indian bakery industry has touched a market size of around 11.5
in 2024 – Food Business News The restaurant industry also is set to add 200k jobs in 2024, with a sustained growth projection of 150k jobs created annually through 2032. Restaurant Sales Forecast to Exceed $1.1T Why Your Groceries Are Still So Expensive – Forbes Grocery prices are 30% higher than four years ago.
billion by 2032, growing at a compound annual growth rate (CAGR) of 9.12% during this period. Rising Demand and Investment Growth The global desalination market is experiencing significant growth, driven by increasing water scarcity and the rising demand for freshwater. Valued at approximately USD 20.32
billion by 2032. With this product, Coca-Cola is primarily focusing on health-conscious consumers. So, Coca-Cola has successfully entered the prebiotic soda market, which may be worth approximately $3.5 If we talk about the overall profile of Simply Pop, 25% to 30% real fruit juice will be present without any added sugar.
billion by 2032, indicating a robust demand for innovative solutions in soil management. The global market for soil optimization technologies is experiencing significant growth, with the soil testing equipment market projected to reach $6.2 billion by 2025, growing at a compound annual growth rate (CAGR) of 10.8% from 2019 to 2025.
CAGR through 2032, reflecting the increasing adoption of crops designed to withstand extreme conditions. As the climate crisis intensifies, demand for such innovations continues to grow. The Drought Tolerant Seeds Market reached $97.1 billion in 2023 and is projected to expand at a 6.5%
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