Tea Industry The global tea market was valued at USD 17.42 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2030. This expected growth can be attributed to increasing consumer awareness regarding health and wellness. More individuals are recognizing the numerous health advantages associated with tea consumption, such as its...

Hydrogen Energy Storage Industry The global hydrogen energy storage market was estimated to be worth USD 15.97 billion in 2023. It is projected to expand at a compound annual growth rate (CAGR) of 4.5% between 2024 and 2030. This expected growth is largely attributed to the rapid pace of industrialization in developing countries and the growing adoption of alternative energy sources....

U.S. Cosmetics Industry The U.S. cosmetics market size was estimated at USD 62.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030. The United States is regarded as one of the fastest-growing markets for cosmetics, with an increasing emphasis on personal hygiene and self-care products. In recent years, consumers in the United...

Pet Food Industry The global pet food market size was estimated at USD 103.3 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2030. The increasing consumer preference for pet adoption, along with heightened awareness and concern about pet health and wellness, is anticipated to be a significant driver of product demand over the...

U.S. Pharmaceutical Industry The U.S. pharmaceutical market size was estimated at USD 634.32 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.72% from 2025 to 2030. By 2030, the market is expected to reach an estimated value of USD 883.97 billion. This growth trajectory is primarily driven by the increasing prevalence of chronic diseases across the...

Olive Oil Industry The global olive oil market size was estimated at USD 22.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This growth is being driven by several factors that have positively influenced the demand for olive oil in recent years. A major contributing factor is the growing trend of incorporating...