The US lettuce and chicory market is forecasted to reach US$5.22 billion in 2027, experiencing growth at a CAGR of 2.60% during the period spanning from 2023 to 2027. Growth in the lettuce and chicory market is supported by factors such as rising population, rising middle class spending, shift towards veganism/ vegetarianism, increasing awareness regarding the health benefit of chicory and risi ..
The global plasma derived therapy market is anticipated to reach US$54.35 billion in 2027, growing at a CAGR of 7.20% during the period spanning 2023-2027. The growth in the market has been driven by factors like rising geriatric population, increasing prevalence of genetic disorders, government initiatives, rising demand for albumin, escalating use of plasma proteins in pharmaceuticals, increa ..
The global bottled water market is forecasted to record a value of US$356.63 billion by 2027, progressing at a CAGR of 6.70%, for the duration spanning 2023-2027. The driving factors include increasing inclination of consumers towards healthy lifestyles, expansion of tourism sector, growing preference for functional water, surging millennial spending and scarcity of drinkable water. However, th ..
The global household care market is anticipated to reach US$208.67 billion in 2027, growing at a CAGR of 3.08% during the period spanning 2023-2027. The growth in the market has been driven by factors like rising urban population, escalating migrants, rising female labor force, rising e-commerce penetration, rising per capita spending, increasing hygiene awareness, nuclear family, and middle cl ..
The global beauty & personal care market is forecasted to reach US$648.56 billion in 2027, experiencing growth at a CAGR of 5.31% during the period spanning from 2023 to 2027. Growth in the global beauty & personal care market is supported by factors such as rapid urbanization, rise in disposable income, rising Gen Z population, rising e- commerce sales, increasing popularity of men’s ..
The global elevator & escalator (E&E) market is likely to escalate to US$157.36 billion in 2027, progressing at a CAGR of 5.43% during the period spanning from 2023 to 2027. The factors such as proliferation of construction activities, surging geriatric population, booming digitalization, ageing installed base of elevators and escalators and expanding urbanization would drive the growth ..
The global vertical farming market is expected to record a value of US$15.43 billion, growing at a CAGR of 24.13%, for the time period of 2023-2027. Factors such as growing global population, accelerating investment into vertical farming, decline in agriculture land area, rising risk of water scarcity, growing problem of deforestation and rapid urbanization would drive the growth of the market. ..
The US health expenditure is forecasted to reach US$6.07 trillion in 2027, experiencing growth at a CAGR of 5.61% during the period spanning from 2023 to 2027. The national health expenditure by source of funds can be segmented as follows: Managed care, Out of pocket, Investments and Others. In 2022, the dominant share was held by managed care segment. This was being followed by out of pocket, ..
The Americas uncoated freesheet market demand is forecasted to reach 7.64 million metric tons in 2027, declining at a CAGR of 1.21%, for the time period of 2023-2027. In the Americas uncoated freesheet market, driving factors were increase in the number of school-going children, growth in paper packaging industry, increased commercial printing, growing number of businesses, and rapid urbanizati ..
The global social casino games market is expected to record a value of US$9.25 billion in 2027, rising at a CAGR of 6.24%, for the time period of 2023-2027. Factors such as rapid expansion of the gaming industry, rising number of mobile gaming users, growing number of smart devices and connections, mounting penetration of internet users and surging number of social media users would drive the g ..