News

Global Cotton Market Size and Share Analysis – Forecast Report 2025-2033

Renub Research is pleased to announce the release of its comprehensive report, Global Cotton Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033. The global cotton market, valued at USD 43.00 billion in 2024, is projected to reach USD 55.57 billion by 2033, growing at a compound annual growth rate (CAGR) of 2.89% between 2025 and 2033. This robust growth is primarily driven by an increasing demand from the textile and clothing industries, enhanced production efficiency, and the expanding use of cotton in medical and industrial products.

Key Market Highlights:

• Strong Demand from Textile Sector: Cotton continues to be the fiber of choice for the textile industry, driven by its comfort, breathability, and versatility. With the rise of fast fashion and increased disposable incomes, cotton demand is accelerating globally, particularly in emerging markets.
• Government Support & Subsidies: Countr

United States Wine Cooler Market to Witness Robust Growth, Projected to Reach USD 522.3 Million by 2033, Driven by Rising Wine Consumption and Home Entertainment Trends

Renub Research has published a detailed report on the United States Wine Cooler Market, forecasting a significant expansion of the market from USD 332 million in 2024 to approximately USD 522.3 million by 2033, growing at a robust CAGR of 5.17% during the forecast period from 2025 to 2033.

This growth is attributed to several factors, including the surge in wine consumption in American homes, an increased interest in home entertainment, and the rising popularity of premium wine coolers. As more consumers in the U.S. seek out high-end storage solutions for their wine collections, wine coolers have become an essential household appliance, not just for preservation but also for enhancing the wine-tasting experience at home.

Key findings from the report highlight the expanding demand for various types of wine coolers, inclu

Global Hydroponics Market to Reach USD 32.10 Billion by 2033, Driven by Sustainable Farming and Urban Agriculture Demand

Published by Renub Research | April 2025

Noida, India – According to Renub Research, the Global Hydroponics Market is projected to reach USD 32.10 billion by 2033, rising from USD 10.59 billion in 2024, growing at a robust CAGR of 13.11% from 2025 to 2033. The rising demand for sustainable, resource-efficient agricultural practices and the increasing adoption of controlled environment farming in urban areas are driving this unprecedented market growth.

Hydroponics, a method of growing plants without soil using mineral nutrient solutions in water, is transforming the future of agriculture. It enables higher crop yields, reduced water usage, and year-round production in compact urban spaces. As water scarcity, arable land depletion, and climate change concerns mount globally, hydroponics emerges as a vital solution to achieve food security and eco-friendly farming.

🌱 K

Global Food Enzymes Market to Reach US$ 3.93 Billion by 2033, Driven by Rising Demand for Processed and Nutritionally Enhanced Foods

According to Renub Research, the Global Food Enzymes Market is projected to grow from US$ 2.33 billion in 2024 to US$ 3.93 billion by 2033, registering a CAGR of 5.98% during the forecast period. This growth is driven by the expanding food processing industry, rising consumer awareness about health and nutrition, advancements in biotechnology, and increasing demand for both alcoholic and non-alcoholic beverages.

Food enzymes—biological catalysts such as carbohydrase, lipase, and protease—are essential in modern food manufacturing. They improve taste, texture, digestibility, and shelf life, offering a cost-effective and sustainable way to enhance food quality.

Key Growth Drivers:

• Health and Wellness Trends: Enzymes like lactase and cellulase improve nutrient absorption and digestion, aligning with the shift toward clean-label and functional foods.
• Rising

United States Processed Meat Market to Reach USD 168.5 Billion by 2033, Driven by Rising Demand for Convenience and Premium Products – Renub Research

According to the latest report by Renub Research, titled "United States Processed Meat Market Size, Share, Forecast 2025-2033", the United States Processed Meat Market is projected to grow from USD 117.9 Billion in 2024 to USD 168.5 Billion by 2033, expanding at a CAGR of 4.05% during the forecast period.

Processed meat consumption is on the rise in the U.S. due to increasing consumer preference for ready-to-eat meals, changing dietary habits, and a hectic lifestyle. Processed meat, including sausages, bacon, hot dogs, and deli meats, offers convenience, extended shelf life, and wide culinary versatility. Additionally, clean-label trends, such as low-fat, additive-free, and organic meat options, are further strengthening the market appeal.

📈 Key Market Insights:

• Meat Type Analysis: Beef is expected to lead the market due to its rich tast

United States Video Game Market to Surpass US$ 192.91 Billion by 2033, Driven by Cloud Gaming, Mobile Accessibility, and VR/AR Advancements – Renub Research

According to Renub Research, the United States Video Game Market is projected to reach US$ 192.91 Billion by 2033, up from US$ 61.96 Billion in 2024, growing at a CAGR of 13.45% during 2025 to 2033. The report provides a detailed analysis segmented by category, age group, gender, and income levels, highlighting key trends and challenges shaping the market.

The surge in growth can be attributed to rapid technological advancements including cloud gaming, AI integration, and AR/VR capabilities. The market is further fueled by mobile gaming penetration, with over 214 million gamers in the U.S. and increasing 5G infrastructure, which is enabling seamless connectivity and cross-platform play.

🔍 Market Highlights:

• Cloud Gaming Revolution: Services like Xbox Cloud Gaming, NVIDIA GeForce NOW, and Samsung’s cloud platform are reshaping how

Europe Baby Food and Infant Formula Market to Reach USD 71.06 Billion by 2033, Fueled by Organic Demand and E-Commerce Expansion

According to Renub Research, the Europe Baby Food and Infant Formula Market is expected to grow at a CAGR of 9.19% from 2025 to 2033, reaching USD 71.06 Billion by 2033, up from USD 32.22 Billion in 2024. This surge is driven by rising parental awareness about infant nutrition, increased demand for organic and premium baby products, and the expanding presence of retail and e-commerce channels.

Baby food and infant formula have become indispensable for modern European households, especially as more parents seek convenient and nutritious alternatives to breastfeeding. The market includes products like milk formulas, dried and prepared baby food, and organic variants that align with evolving consumer health priorities.

Key Growth Drivers:

• Rise in Organic and Natural Baby Products: Parents are opting for additive-free, organic baby foods, pushing companies to in

According to the latest report by Renub Research, “United States Liquid Biopsy Market Size, Share, Forecast 2025-2033”, the market is projected to reach US$ 4.25 Billion by 2033, growing at a CAGR of 14.99% from US$ 1.21 Billion in 2024.

The rapid surge in cancer incidences, growing demand for non-invasive diagnostic procedures, and advances in genomic technologies are key drivers shaping the liquid biopsy landscape in the United States. With applications ranging from oncology to prenatal screening and transplant monitoring, liquid biopsy is revolutionizing modern diagnostics and patient care.

Key Market Highlights:

• Rising Cancer Cases: In 2024, an estimated 2 million new cancer cases are expected in the U.S. Liquid biopsies enable early and accurate tumor detection through minimally invasive techniques, enhancing survival rates.
• Advanced Technologies: Innovations in next-generation sequencing (NGS) and digital PCR have elevated the sensitivity and specificity of cancer biomarker dete

Rising Demand for High-Protein Snacks Drives Global Meat Snacks Market Towards US$ 16.57 Billion by 2033 – Renub Research

According to the latest report by Renub Research, "Meat Snacks Market, Size, Forecast 2025-2033, Industry Trends, Share, Growth, Insight, Impact of Inflation, Opportunity Company Analysis", the global meat snacks market will grow from US$ 9.56 Billion in 2024 to US$ 16.57 Billion by 2033, expanding at a CAGR of 6.30%. This surge is fueled by increasing demand for convenient, protein-rich snacks that fit into active and health-conscious lifestyles.

Meat snacks—including jerky, sticks, sausages, and biltong—are gaining traction as on-the-go options that cater to fitness enthusiasts, busy professionals, and travelers alike. The trend is further strengthened by flavor innovations, premium offerings, and a shift toward clean-label and low-carb products.

🔍 Key Market Trends:

• Health and Wellness Boom: Consumers are prioritizing protein-packed, low-carb snacks over traditi

Global Hazelnut Market to Reach US$ 19.15 Billion by 2033, Driven by Health Trends and Rising Demand in Confectionery and Food Industries – Renub Research

Renub Research announces the release of its latest study “Hazelnut Market Size, Share, Forecast 2025-2033”, highlighting robust growth in the global hazelnut industry. Valued at US$ 8.98 billion in 2024, the market is expected to nearly double to US$ 19.15 billion by 2033, growing at a CAGR of 8.78%.

This growth is powered by the rising consumer inclination toward health-conscious snacking, nut-based products, and plant-based diets. Hazelnuts, celebrated for their rich taste and nutritional benefits – including healthy fats, fiber, antioxidants, and essential minerals – are now widely integrated into food and beverage products, from premium chocolates and plant-based milk to gourmet spreads and snack bars.

Market Drivers:

Surging demand for nut-based and functional foods

Expanding applications in the food & beverage, cosmetics, and p

According to Renub Research, the Global Automotive Actuators Market is projected to reach US$ 49.31 Billion by 2033, growing at a CAGR of 6.70% from 2024 (US$ 27.51 Billion). The rising demand for vehicle automation, electrification, and safety features are propelling the industry forward.

Automotive actuators, which convert electrical signals into physical motion, are fundamental to modern automotive systems. These components are critical in various applications including throttle control, brake systems, seat adjustment, door locking, and adaptive cruise control. As vehicles evolve into smart, connected, and eco-friendly machines, the demand for high-performance, durable, and energy-efficient actuators is soaring.

🌐 Key Market Drivers:

• EV & Hybrid Growth: The transition toward electric mobility globally is accelerating actuator adoption in powertrain, cooling, and regenerative systems. Companies like Marelli and KOSTAL are innovating EV-compatible actuators to improve range and effic

According to the latest report by Renub Research, “United States Small Kitchen Appliances Market Forecast 2025-2033”, the market is projected to reach a value of USD 7.8 billion by 2033, rising from USD 4.98 billion in 2024, growing at a CAGR of 5.12% during the forecast period. The robust growth is attributed to the increasing adoption of smart, energy-efficient, and multifunctional appliances, the expansion of e-commerce, and shifting consumer lifestyle trends.

Key Market Highlights:

• Tech-Powered Kitchens: U.S. consumers are rapidly adopting smart kitchen appliances with AI, IoT integration, and voice-enabled controls. Brands are launching Wi-Fi-connected gadgets like air fryers, programmable coffee machines, and smart kettles to match modern demands.
• E-Commerce Surge: Online platforms like Amazon, Walmart.com, and direct-to-consumer brand websites are reshaping buying behaviors. Convenience, competitive pricing, and detailed customer reviews are encouraging online appliance purchas

Global Home Energy Management System Market Set to Reach USD 14.00 Billion by 2033, Growing at a CAGR of 15.70%

The global Home Energy Management System (HEMS) market is projected to reach USD 14.00 billion by 2033, growing at an impressive compound annual growth rate (CAGR) of 15.70% from 2024 to 2033. The surge in demand is driven by increasing awareness of energy efficiency, advancements in smart home technologies, and government initiatives supporting sustainable energy solutions.

Market Overview: HEMS technology enables homeowners to monitor, control, and optimize energy consumption in real time. By integrating smart meters, thermostats, appliances, and renewable energy sources such as solar panels, these systems offer valuable insights into energy use, helping reduce waste and lower utility costs.

HEMS are becoming a vital tool for homeowners, offering automation of heating, cooling, and lighting systems, along with integration of renewable energy sources. This integration allows

Global Microcarrier Market Set to Reach US$ 4.43 Billion by 2033, Driven by Biopharmaceuticals, Cell-Based Therapies, and Gene Innovations

The global microcarrier market is projected to expand from US$ 2.06 billion in 2024 to US$ 4.43 billion by 2033, growing at a robust CAGR of 8.89% during the forecast period from 2025 to 2033. This significant growth is largely attributed to the rising demand for biologics, advancements in cell-based therapies, scalable biomanufacturing solutions, and an increase in research and development (R&D) investments. The expanding applications of gene therapies and personalized medicine are expected to further fuel this market's development.

Key Growth Drivers

1. Cell-Based Medicine Advancements: The surge in immunotherapy and regenerative medicine is increasing the demand for microcarriers, which serve as essential support matrices for growing cells in therapeutic applications.
2. Stem Cell Research Expansion: Stem cell research, both in basic and clinical sett

United States Wedding Services Market – A Flourishing Industry with Rapid Growth Forecast

The United States wedding services market is experiencing robust growth, valued at US$ 62.74 billion in 2024 and projected to reach US$ 105.79 billion by 2033. This market growth is driven by changing consumer trends, increasing demand for personalized wedding experiences, and innovations in event planning technologies. The market is forecasted to grow at a compound annual growth rate (CAGR) of 5.98% from 2025 to 2033.

As more couples seek customized and memorable weddings, the demand for specialized services has surged. From destination weddings to luxury catering and bespoke wedding planning, this market is evolving rapidly to meet diverse customer needs. The United States wedding services industry encompasses a wide array of offerings, including local and destination weddings, catering services, decoration services, photography, and videography, among others.

Market Trends Driving Growth:

1. Cust

Global Home Infusion Therapy Market to Reach US$ 77.34 Billion by 2033, Driven by Technological Advancements and Rising Demand for Home-Based Care

The global Home Infusion Therapy Market is poised to experience substantial growth, with projections indicating it will reach a market size of US$ 77.34 billion by 2033, up from US$ 45.28 billion in 2024. This represents a compound annual growth rate (CAGR) of 6.13% from 2025 to 2033. The increase in chronic diseases, aging populations, technological advancements in healthcare, and a growing preference for home-based treatments are the key drivers fueling this growth.

Market Dynamics and Growth Drivers

The growing demand for home infusion therapy services is being driven by the increasing prevalence of chronic conditions such as cancer, diabetes, and infections. Home infusion therapy enables patients to receive essential treatment, including chemotherapy, hydration therapy, and pain management, in the comfort of their homes. This offers seve

United States Online Grocery Market: Key Trends, Growth Drivers, and Forecast

United States Online Grocery Market to Reach US$ 715.54 Billion by 2033

The United States online grocery market is poised for substantial growth, with its market size expected to surge from US$ 183.26 Billion in 2024 to US$ 715.54 Billion by 2033, representing a robust compound annual growth rate (CAGR) of 16.34% from 2025 to 2033. This growth is primarily fueled by rising consumer demand for convenience, rapid technological advancements, and the increasing adoption of digital payment solutions.

As technology continues to shape the grocery shopping experience, innovations in areas like artificial intelligence, machine learning, and automated inventory management are transforming how consumers purchase groceries. Furthermore, digital payment solutions such as mobile wallets and contactless payments have enhanced the speed and security of transactions, encouraging more consumers to turn to online grocery platfo

Saudi Arabia Entertainment and Amusement Market Growth Insights (2024–2033)

Saudi Arabia Entertainment and Amusement Market to Reach US$ 6.10 Billion by 2033, Driven by Technological Innovations and Increasing Disposable Incomes

Riyadh, Saudi Arabia – The Saudi Arabia Entertainment and Amusement Market is poised for rapid growth, with projections indicating it will reach US$ 6.10 billion by 2033, up from US$ 2.46 billion in 2024. This growth is driven by a compound annual growth rate (CAGR) of 10.61% from 2025 to 2033. The sector is increasingly benefiting from technological advancements, especially in virtual reality (VR) and augmented reality (AR), which are transforming how consumers engage with entertainment.

The Saudi Arabian government’s Vision 2030, designed to diversify the economy away from oil dependency, plays a key role in shaping the entertainment and amusement landscape. Large-scale investments, infrastructure development, and the flourishing tourism sector are driving th

United States Fast Food & Quick Service Restaurant Market Trends & Summary

United States Fast Food & Quick Service Restaurant Market to Reach US$ 345.6 Billion by 2033, Growing at a CAGR of 3.74%

The United States Fast Food & Quick Service Restaurant (QSR) market, valued at US$ 248.8 billion in 2024, is expected to experience robust growth over the next decade. The market is projected to reach US$ 345.6 billion by 2033, with a compound annual growth rate (CAGR) of 3.74% from 2025 to 2033. The growth is driven by changing consumer lifestyles, the increasing popularity of digital ordering, and the demand for convenient, affordable dining options.

Fast food and QSRs have become an integral part of American food culture, offering customers a quick, efficient dining experience. Major players like McDonald's, Subway, Taco Bell, and emerging brands focusing on healthier and plant-based options are fueling the market's expansion. The integration of technology, including mobile ordering, drive-

Europe Food Cans Market Trends & Forecast (2025-2033)

The Europe Food Cans Market, valued at USD 8.73 billion in 2024, is poised to grow at a steady CAGR of 2.44%, reaching USD 10.82 billion by 2033. This growth is driven by several factors, including an increasing demand for long-shelf-life and convenient food packaging, expanding urbanization, and advancements in sustainable materials. Additionally, the European Union’s regulations promoting green packaging and the shift towards BPA-free cans are further boosting market growth.

Key Drivers of Market Growth:

1. Convenience and Long Shelf-Life Foods: With the rise of fast-paced urban lifestyles, consumers are increasingly turning to ready-to-eat and processed foods. The long shelf life and minimal need for refrigeration make food cans an attractive packaging solution. A notable 35% increase in fast-food spending in metropolitan areas from 2022 to 2024 highlights the growing demand for convenient, time-saving food options.
2. Sustainability