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Instant Beverage Premix Market Size Worth $120.92 Billion By 2028 | CAGR: 7.2%: Million Insights


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FELTON, Calif., May 5, 2021 /PRNewswire/ The global Instant Beverage Premix Market size is expected to reach USD 120.92 billion by 2028, registering a CAGR of 7.2% over the forecast period, according to a new report by Million Insights.
What are Key Factors Driving the
Instant Beverage Premix Market?
Increasing demand for ready-mixed drinks due to the rising disposable income and hectic lifestyle of the people in countries such as India, China, and South Africa drives the market for instant beverage premix. The adoption of instant beverage premix increases due to the growing demand for ready-to-make drinks from the corporate cafeteria and at Quick Service Restaurants (QSR), which is expected to drive the market growth. ....

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Ice Maker Market Size Worth $4.39 Billion By 2028 | CAGR: 4.3%: Million Insights


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FELTON, Calif., May 4, 2021 /PRNewswire/ The global Ice
 Maker Market size is expected to reach USD 4.39 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 4.3% from 2021 to 2028.
What are Key Factors Driving the Ice Maker Market?
The increasing demand for ice makers from the foodservice industry owing to the growing sales of processed foods and the individuals rising income levels is expected to drive the market. Large fast-food chains such as McDonald s and KFC have been increasingly adopting this product, thus leading to the market growth globally. The adoption rate of ice makers is increasing among the major economies, including China and India. ....

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Smart Plug Market Size To Reach $20.84 Billion By 2028, To Be Driven By Rising Popularity Of Smart Homes & Technological Innovation In Home Automation


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FELTON, Calif., April 21, 2021 /PRNewswire/ The global smart plug market size is expected to reach USD 20.84 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 36.2% from 2021 to 2028.
What are Key Factors Driving the Smart Plug Market?
The rising popularity of smart homes, technological innovation in home automation, and consumers inclination toward a digitally comfortable lifestyle are expected to drive the market. Smart plug is gaining popularity as it offers several benefits such as monitoring and operating home appliances remotely and energy monitoring of individual devices, thus resulting in energy and cost savings. Technological advancement in the internet of things (IoT), innovative product launches, growing investment from major market players, and consumers willingness to buy smart home applications are expected to fuel the expansion of the market globally. ....

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