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The global ice maker market size was valued at USD 3.13 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028. The increasing sedentary lifestyle due to the growing jobs in the service sector in emerging economies, including China and India, has led to the development and growth of fast-food chain restaurants and bars.
The global beverage cooler market size was valued at USD 5.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2028. Increasing demand for chilled beverages from both residential and commercial sectors is anticipated to propel the product’s demand. Continuous population growth, rapid urbanization, and increasing disposable income are among the significant factors, which are expected to positively influence the demand for beverage cooler globally.
The global fogless mirror market size was valued at USD 366.6 million in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028. The increasing popularity of home décor units and bath utilities due to the rising disposable income in emerging countries, including China and India are the key factors projected to fuel the market growth.
The global popcorn market size was valued at USD 3.03 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 9.4% from 2021 to 2028. The increasing awareness about improving the immunity and increased availability of innovative wide range of flavors are the factors expected to have a positive impact on the market growth. Over the past few years, changing lifestyle has played a key role in prompting the consumers to buy food products.
The global goat milk market size was valued at USD 10.37 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 4.3% over the forecast period. Goat milk is highly nutritious as it contains essential minerals and vitamins. It is a rich source of iron, potassium, and calcium. The growing popularity of the product due to its slightly lower cholesterol level compared to cow milk is expected to drive the market growth.
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