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Showing posts from February, 2024

Plastic Processing Auxiliary Equipment Market to be Worth $9 Billion by 2030

  Meticulous Research®—a leading global market research company, published a research report titled, ‘ Plastic Processing Auxiliary Equipment Market by Type (Batch Blenders, Extrusion Controllers, Chillers, Granulators, Robots), Molding Technique (Injection, Blow), Sector (Automotive, Food & Beverage, Packaging, Construction) - Global Forecast to 2030.’     According to this latest publication from Meticulous Research®, the Plastic Processing Auxiliary Equipment Market is projected to reach $9 billion by 2030, at a CAGR of 3.5% from 2023 to 2030. The growth of this market is driven by the high demand for plastics across industries and economic growth and improving living standards. However, the rising awareness regarding plastic pollution and the growing emphasis on reusing plastics restrain the growth of this market. The proliferation of advanced plastic recycling techniques is expected to create growth opportunities for the players operating in this mar...

Pea Starch Market Reshaping the Food Industry

  The global Pea Starch Market is poised for substantial growth, projected to reach $307.4 million by 2029, exhibiting a robust CAGR of 7.7% from 2022 to 2029. This surge is primarily attributed to the escalating demand for convenience and processed food products, a surge in food allergies, especially celiac disease, a rising preference for functional food items, and the expanding vegan population. Market Drivers: Growing Demand for Convenience and Processed Foods : The consumer shift towards convenience foods is a major driving force, spurring the demand for pea starch as a key ingredient. Prevalence of Food Allergies : The increasing incidence of celiac disease and other food allergies has led to a surge in the adoption of alternative starches, such as pea starch, which is allergen-free and gluten-free. Rising Demand for Functional Foods : The trend towards healthier lifestyles and the demand for functional food products are boosting the market for pea starch, known for i...

RTD Beverages Market to be Worth $1,582.7 Billion by 2031

  Meticulous Research ® —a leading global market research company, published a research report titled ‘ RTD Beverages Market by Product Type (Alcoholic and Non-alcoholic [Flavored, Tea, Coffee, Juices, Nectars, Dairy, Soft Drinks, Energy Drinks]), Packaging Type (Bottles, Cans), Distribution Channel (Supermarkets, E-commerce)—Global Forecast to 2031.’ According to this latest publication from Meticulous Research ® , the RTD beverages market is projected to reach  $1,582.7 billion by 2031 , at a CAGR of 6.8% from 2024–2031. The growth of the RTD beverages market is mainly driven by the rising consumption of sports & performance drinks, growing demand for functional beverages, beverage manufacturers’ increasing focus on product innovation, convenience, and easy portability of RTD beverages, and lifestyle changes leading to the increased incidence of chronic diseases. However, the high prices of RTD beverages are expected to hinder the growth of this market. Furthermore, ...

A Comprehensive Look at the Skin Products Industry

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Meticulous Research ® —a leading market research company, published a research report titled, ' Skin Care Products Market  by Type (Facial, Lip, Body) Product (Cream, Lotion, Powder, Lotion, Moisturizer, Toner) User Group (Male, Female, Unisex) Price Category (Mass, Premium) Distribution Channel (Supermarket, Retail, Online) – Global Forecast to 2030.’ According to this latest publication from Meticulous Research ® , the skin care products market is projected to reach $199.42 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. The growth of the skin care products market is driven by the increasing demand for anti-aging products, increasing adoption of organic skin care products, the growing importance of personal grooming, increased consumer knowledge of beauty and personal care, and increased spending on personal care. Factors such as the growing penetration of e-commerce, rising demand for men’s skin care products, and the emergence of organic products are a few of the oppo...