Real and Compound Chocolate Market to Reach USD 35.62 Billion by 2026; Increasing Per Capita Expenditure on Indulgent Food Items to Fuel the Market
The global real and compound chocolate market size it slated to reach USD 35.62 billion by 2026, registering a CAGR of 4.97% during the forecast period. Increasingly favorable conditions for economical variety of chocolates in developing nations is likely to drive the growth of this market in the approaching decade. The per capita spending in these economies is still relatively low compared to the developed nations. For example, according to the International Monetary Fund, India’s Purchasing Power Parity was at $7,874 in 2018, while that of the US was at $62,606. These differences are expected to create lucrative opportunities for market players to develop more affordable chocolate products which will be widely consumed in these...
Spices and Seasonings Market to Reach USD 22.87 Billion by 2026 & Exhibit 4.7% CAGR; High Consumption of Organic Spices Worldwide to Surge Demand
The global spices and seasonings market size is projected to reach USD 22.87 billion by 2026, exhibiting a CAGR of 4.7% in the forecast period (2019-2026). However, the market was valued at USD 15.93 billion in 2018. This information is published in a recent report by Fortune Business Insights, titled, “Spices and Seasonings Market Size, Share & Industry Analysis, By Type (Pepper, Chili, Ginger, Cinnamon, Cumin, Turmeric, Nutmeg and Mace, Cardamom, Cloves, and Others), Application (Meat and Poultry, Bakery and Confectionery, Frozen Food, Snacks and Convenience Food, and Others), and Regional Forecasts, 2019 – 2026.” As per the report, a rise in the demand for new spices and various spice blends is expected to propel the spices and...
Aircraft Engine Market to Reach $97.12 Billion by 2026; Increasing Rate of Air Travel to Fuel Market Growth
The global aircraft engine market size is projected to reach USD 97.12 billion by 2026, exhibiting a CAGR of 4.16% during the forecast period. Growing demand for air travel worldwide is foreseen to be one of the primary forces fueling this market. Air travel today has become affordable to the average middle person and in the near future, this type of travel is expected to get even more easy on the pocket. One of the main reasons for this is the swelling numbers of the middle class across the globe. Many organizations estimate that in the next decade, approximately 200 million people will enter the middle class bracket.
Polyethylene Terephthalate (PET) Market to Attract High Revenue from Rise in Demand from Automotive Sector
The global polyethylene terephthalate (PET) market size is prognosticated to rise remarkably owing to the increasing demand for polyethylene terephthalate from the food and beverage sector. In a recent report by Fortune Business Insights™ titled, “Polyethylene Terephthalate (PET) Market Size, Share & Industry Analysis, By Grade (Textile, Bottle, Film), By End-Use Industry (Packaging, Textiles, Automotive, Electrical, and electronics) and Regional Forecast, 2019-2026,” the market is discussed in details.
Global Hot Melt Adhesives Market to Grow with Increasing Demand for Hot Melt Adhesives Across the Industrial Spectrum
The global hot melt adhesives market size is slated to experience a robust growth period owing to the increasing activities in the packaging industry around the globe. According to the World Packaging Organization, between 2011 and 2016, the global packaging industry grew by 24%, with its volume reaching 22.5 million tons in 2016. Asia recorded the highest growth, surging at 7.9% annually, with India showing the most promising prospects.
Fluoropolymer Films Market to Gain Traction; Announcement by Textiles Coated International (TCI) will Spur Growth New Opportunities
The rising demand for fluoropolymer films from electrical & electronics and medical end-use industries is expected to enable the growth of the fluoropolymer films market size, says Fortune Business Insights™ in a report, titled “Fluoropolymer Films Market Size, Share & Industry Analysis, By Type (Polytetrafluoroethylene films, Poly vinylidene fluoride films, Fluorinated ethylenepropylene films, Perfluoroalkoxy polymer films, Ethylene tetrafluoroethylene films, Others), By End-Use Industry (Automotive & Transportation, Medical, Electrical & Electronics, Construction, Others) and Regional Forecast, 2019-2026” the surge in manufacturing of electronics good is predicted to foster healthy growth of the market in the foreseeable future.
Carbon Black Market to Benefit Radically from the Increasing Demand For Carbon Black in Paints &Coatingsm,
The increasing demand for carbon black in paints &coatings is one of the key factors driving the carbon black market, says Fortune Business Insights™ in a report, titled “Carbon Black Market Size, Share & Industry Analysis, By Type (Furnace Black, Channel Black, Thermal Black, Acetylene Black), By Application (Tires, High-Performance Coatings, Plastics, Others) and Regional Forecast, 2019-2026” The increasing construction and manufacturing activities is expected to accelerate the growth of the market during the forecast period.
Ammonia Market to Derive Growth from the Huge Investment in Product R&D by Major Companies
The global ammonia market will derive growth from the widespread product applications. According to a report by Fortune Business Insights™, titled “Ammonia Market Size, Share & Industry Analysis, By Type (Liquid, Gas, Powder), By End-Use Industry (Agriculture, Refrigeration, Pharmaceutical, Textiles, Mining, Others) and Regional Forecast, 2019-2026,” the market will benefit from the increasing investment in product R&D.