The graph shows the Hispanic population in the United States in 2022 and offers a forecast until 2060. According to this projection, there will be almost 98 million people of Hispanic descent in the United States in 2060.

Whereas the population is expected to decrease somewhat until 2100 in Asia, Europe, and South America, it is predicted to grow significantly in Africa. While there were 1.55 billion inhabitants on the continent at the beginning of 2025, the number of inhabitants is expected to reach 3.81 billion by 2100. In total, the global population is expected to reach nearly 10.18 billion by 2100. Worldwide population In the United States, the total population is expected to steadily increase over the next couple of years. In 2024, Asia held over half of the global population and is expected to have the highest number of people living in urban areas in 2050. Asia is home to the two most populous countries, India and China, both with a population of over one billion people. However, the small country of Monaco had the highest population density worldwide in 2024. Effects of overpopulation Alongside the growing worldwide population, there are negative effects of overpopulation. The increasing population puts a higher pressure on existing resources and contributes to pollution. As the population grows, the demand for food grows, which requires more water, which in turn takes away from the freshwater available. Concurrently, food needs to be transported through different mechanisms, which contributes to air pollution. Not every resource is renewable, meaning the world is using up limited resources that will eventually run out. Furthermore, more species will become extinct which harms the ecosystem and food chain. Overpopulation was considered to be one of the most important environmental issues worldwide in 2020.

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Waverly by race. It includes the distribution of the Non-Hispanic population of Waverly across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Waverly across relevant racial categories.

Key observations

Of the Non-Hispanic population in Waverly, the largest racial group is Black or African American alone with a population of 2,050 (78.51% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Waverly
• Population: The population of the racial category (for Non-Hispanic) in the Waverly is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Waverly total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Waverly Population by Race & Ethnicity. You can refer the same here

The world's population first reached one billion people in 1805, and reached eight billion in 2022, and will peak at almost 10.2 billion by the end of the century. Although it took thousands of years to reach one billion people, it did so at the beginning of a phenomenon known as the demographic transition; from this point onwards, population growth has skyrocketed, and since the 1960s the population has increased by one billion people every 12 to 15 years. The demographic transition sees a sharp drop in mortality due to factors such as vaccination, sanitation, and improved food supply; the population boom that follows is due to increased survival rates among children and higher life expectancy among the general population; and fertility then drops in response to this population growth. Regional differences The demographic transition is a global phenomenon, but it has taken place at different times across the world. The industrialized countries of Europe and North America were the first to go through this process, followed by some states in the Western Pacific. Latin America's population then began growing at the turn of the 20th century, but the most significant period of global population growth occurred as Asia progressed in the late-1900s. As of the early 21st century, almost two-thirds of the world's population lives in Asia, although this is set to change significantly in the coming decades. Future growth The growth of Africa's population, particularly in Sub-Saharan Africa, will have the largest impact on global demographics in this century. From 2000 to 2100, it is expected that Africa's population will have increased by a factor of almost five. It overtook Europe in size in the late 1990s, and overtook the Americas a few years later. In contrast to Africa, Europe's population is now in decline, as birth rates are consistently below death rates in many countries, especially in the south and east, resulting in natural population decline. Similarly, the population of the Americas and Asia are expected to go into decline in the second half of this century, and only Oceania's population will still be growing alongside Africa. By 2100, the world's population will have over three billion more than today, with the vast majority of this concentrated in Africa. Demographers predict that climate change is exacerbating many of the challenges that currently hinder progress in Africa, such as political and food instability; if Africa's transition is prolonged, then it may result in further population growth that would place a strain on the region's resources, however, curbing this growth earlier would alleviate some of the pressure created by climate change.

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Granite Falls by race. It includes the distribution of the Non-Hispanic population of Granite Falls across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Granite Falls across relevant racial categories.

Key observations

Of the Non-Hispanic population in Granite Falls, the largest racial group is White alone with a population of 2,050 (87.57% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Granite Falls
• Population: The population of the racial category (for Non-Hispanic) in the Granite Falls is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Granite Falls total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Granite Falls Population by Race & Ethnicity. You can refer the same here

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Buffalo township by race. It includes the distribution of the Non-Hispanic population of Buffalo township across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Buffalo township across relevant racial categories.

Key observations

Of the Non-Hispanic population in Buffalo township, the largest racial group is White alone with a population of 2,050 (97.29% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Buffalo township
• Population: The population of the racial category (for Non-Hispanic) in the Buffalo township is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Buffalo township total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Buffalo township Population by Race & Ethnicity. You can refer the same here

In 2025, the degree of urbanization worldwide was at 58 percent. North America, Latin America, and the Caribbean were the regions with the highest level of urbanization, with over four-fifths of the population residing in urban areas. The degree of urbanization defines the share of the population living in areas defined as "cities". On the other hand, less than half of Africa's population lives in urban settlements. Globally, China accounts for over one-quarter of the built-up areas of more than 500,000 inhabitants. The definition of a city differs across various world regions - some countries count settlements with 100 houses or more as urban, while others only include the capital of a country or provincial capitals in their count. Largest agglomerations worldwideThough North America is the most urbanized continent, no U.S. city was among the top ten urban agglomerations worldwide in 2023. Tokyo-Yokohama in Japan was the largest urban area in the world that year, with 37.7 million inhabitants. New York ranked 13th, with 21.4 million inhabitants. Eight of the 10 most populous cities are located in Asia. ConnectivityIt may be hard to imagine how the reality will look in 2050, with 70 percent of the global population living in cities, but some statistics illustrate the ways urban living differs from suburban and rural living. American urbanites may lead more “connected” (i.e., internet-connected) lives than their rural and/or suburban counterparts. As of 2021, around 89 percent of people living in urban areas owned a smartphone. Internet usage was also higher in cities than in rural areas. On the other hand, rural areas always have, and always will, attract those who want to escape the rush of the city.

The statistic shows the share of U.S. population, by race and Hispanic origin, in 2016 and a projection for 2060. As of 2016, about 17.79 percent of the U.S. population was of Hispanic origin. Race and ethnicity in the U.S. For decades, America was a melting pot of the racial and ethnical diversity of its population. The number of people of different ethnic groups in the United States has been growing steadily over the last decade, as has the population in total. For example, 35.81 million Black or African Americans were counted in the U.S. in 2000, while 43.5 million Black or African Americans were counted in 2017.

The median annual family income in the United States in 2017 earned by Black families was about 50,870 U.S. dollars, while the average family income earned by the Asian population was about 92,784 U.S. dollars. This is more than 15,000 U.S. dollars higher than the U.S. average family income, which was 75,938 U.S. dollars.

The unemployment rate varies by ethnicity as well. In 2018, about 6.5 percent of the Black or African American population in the United States were unemployed. In contrast to that, only three percent of the population with Asian origin was unemployed.

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Pike township by race. It includes the distribution of the Non-Hispanic population of Pike township across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Pike township across relevant racial categories.

Key observations

Of the Non-Hispanic population in Pike township, the largest racial group is White alone with a population of 2,050 (97.11% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Pike township
• Population: The population of the racial category (for Non-Hispanic) in the Pike township is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Pike township total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Pike township Population by Race & Ethnicity. You can refer the same here

In 2024, the population of Africa was projected to grow by 2.27 percent compared to the previous year. The population growth rate on the continent has been constantly over 2.5 percent from 2000 onwards, and it peaked at 2.63 percent in 2013. Despite a slowdown in the growth rate after that, the continent's population will continue to increase significantly in the coming years. The second-largest population worldwide In 2023, the total population of Africa amounted to almost 1.5 billion. The number of inhabitants had grown steadily in the previous decades, rising from approximately 831 million in 2000. Driven by a decreasing mortality rate and a higher life expectancy at birth, the African population was forecast to increase to about 2.5 billion individuals by 2050. Africa is currently the second most populous continent worldwide after Asia. However, forecasts showed that Africa could gradually close the gap and almost reach the size of the Asian population in 2100. By that year, Africa might count 3.8 billion people, compared to 4.6 billion in Asia. The world's youngest continent The median age in Africa corresponded to 19.2 years in 2024. Although the median age has increased in recent years, the continent remains the youngest worldwide. In 2023, roughly 40 percent of the African population was aged 15 years and younger, compared to a global average of 25 percent. Africa recorded not only the highest share of youth but also the smallest elderly population worldwide. As of the same year, only three percent of Africa's population was aged 65 years and older. Africa and Latin America were the only regions below the global average of ten percent. On the continent, Niger, Uganda, and Angola were the countries with the youngest population in 2023.

Определение: Определение численности населения по городским и сельским районам отличается от страны к стране, поэтому единое определение не может быть применено ко всем странам. Эта классификация, согласно международной статистике, основывается на местных определениях, данных в ходе национальных переписей, обычно основанных на критериях, которые могут включать некоторые из следующих аспектов: численность населения в районе, плотность населения, расстояние между местами общего пользования, тип преобладающей деятельности, административные или правовые ограничения, наличие и уровень доступа к основные услуги. В общих чертах, подразумевается, что негородское население является сельским. [Переведено с en: английского языка] Тематическая область: Социальные показатели и статистика [Переведено с en: английского языка] Область применения: Население [Переведено с en: английского языка] Единица измерения: Тысячи человек, по состоянию на середину года [Переведено с en: английского языка] Источник данных: СЕЛАДЕ. Отдел народонаселения ЭКЛАК. Редакция за 2019 год и Отдел народонаселения Организации Объединенных Наций. Департамент по экономическим и социальным вопросам. Обзор мирового народонаселения. Редакция за 2019 год. [Переведено с es: испанского языка] Комментарии: Отдел народонаселения ЭКЛАК - Демографический центр Латинской Америки и Карибского бассейна (CELADE) - разрабатывает оценки и прогнозы численности городского и сельского населения в разбивке по полу и пятилетним возрастным группам на период 1950-2050 годов для двадцати стран Латинской Америки, за исключением Боливии и Эквадора, из которых которые являются ответственными национальными учреждениями при содействии CELADE. В процессе разработки этих прогнозов информация о последних переписях населения сравнивается с прогнозами, основанными на предыдущих, подтверждая, что прогнозы были в достаточной степени согласованы с результатами переписей. Основная информация, используемая в прогнозах, подготовленных CELADE, такова: национальные переписи, прогнозы общей численности населения, метод, используемый для прогнозирования уровней урбанизации - процент городского населения в разбивке по полу и возрасту - и структура процентной доли городского населения в разбивке по полу и возрасту. В каждой стране используются различные подходы для определения численности населения в зависимости от городских и сельских районов. По этой причине в международных публикациях обычно используются местные определения (см. Демографический бюллетень № 76: Латинская Америка: прогнозы городского и сельского населения на 1970-2025 годы - CELADE. Данные по странам и территориям Карибского бассейна соответствуют оценкам и прогнозам, разработанным Отделом народонаселения ООН и публикуемым каждые два года. Эти оценки и прогнозы основаны на данных национальных переписей или обследований (которые оцениваются и, при необходимости, корректируются в случае их недостатков или несоответствий). Оценки и прогнозы, представленные в последнем пересмотре "Перспектив мировой урбанизации", соответствуют национальным оценкам и прогнозам численности населения в соответствии со средним вариантом, приведенным в последнем пересмотре "Перспектив мировой урбанизации". Информация, предоставленная Отделом народонаселения Организации Объединенных Наций, публикуется в разбивке по полу и возрасту. [Переведено с es: испанского языка] Последнее обновление: Aug 6 2018 11:20AM Организация-источник: Экономическая комиссия для Латинской Америки и Карибского бассейна [Переведено с en: английского языка] Definition: The definition of population by urban - rural area differs from country to country, therefore a single definition can not be applied to all countries. This classification, according to international statistics, is ruled by local definitions given by national censuses, usually based on criteria that can include some of the following aspects: population size in the area, population density, distance among common areas, type of predominant activity, administrative or legal limits, availability and access level to basic services. In general terms, it is understood that non-urban population is rural. Thematic Area: Social Indicators and Statistics Application Area: Population Unit of Measurement: Thousands of persons, at mid-year Data Source: CELADE. Population Division of ECLAC. 2019 Revision and United Nations, Population Division. Department of Economic and Social Affairs, . World Population Prospect. 2019 Revision. Comments: ECLAC's Population Division -the Latin American and Caribbean Demography Center (CELADE)- elaborates urban and rural population's estimates and projections, by sex and five-year age groups for the period 1950-2050, for the twenty countries of Latin America, except those that correspond to Bolivia and Ecuador, of which are responsible national institutions, with the assistance of CELADE. In the elaboration process of these projections the information of the most recent population censuses is compared with the projections based on previous, confirming that projections have been quite coherent with the results of censuses. The basic information used in the projections prepared by CELADE is: National Censuses, total population's projections, the method used in order to project urbanization levels - urban population's percentage by sex and age - and the structure of urban percentages by sex and age. In each country, different approaches are used in order to define population according to urban and rural areas. For this reason, usually international publications include local definitions (see Demographic Bulletin No. 76: Latin America: Urban and rural population projections 1970-2025 -CELADE. The figures of the countries and of the Caribbean territories correspond to estimates and projections elaborated by United Nations Population Division and published every two years. These estimates and projections are based on national censuses or surveys data (evaluated and, as long as necessary, adjusted in their deficiencies or inconsistencies). The estimates and projections, presented in the last revision of the World Urbanization Prospects, are consistent with the national estimated and projected populations according to the medium variant in the last revision of the World Population Prospects. The information provided by United Nations Population Division publishs information by sex or age. Last Update: Aug 6 2018 11:20AM Source Organization: Economic Commission for Latin America and the Caribbean

ABSTRACT: It is estimated that by 2050 the world population will be 9 billion people; and therefore, the need for alternative sources of protein is inevitable, since conventional sources, such as beef, pork and poultry, will not be sufficient to meet the demand of population growth. Food that includes alternative sources of protein, such as insects, is a reality in countries of Latin America, Asia, Australia, Europe and Africa. This research presents the results of an exploratory study that analysed the food profile of 1,619 consumers in the five Brazilian regions (North, Northeast, Midwest, Southeast and South) as well as their perception, motivation and preferred form of edible insects. The data were analysed by cross-tabulation and expressed as frequencies. Our results show that women are more reluctant than men to consume insects. In general, there is a preference for consumption of insects in the form of flour. However, those with more familiarity with this type of consumption prefer the whole insect. Most Brazilian consumers have no opinion about the safety of consuming insects; however, consumers with higher levels of education and familiarity consider it safe.

According to Cognitive Market Research, the global Atrial Fibrillation market size was USD 10584.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 4233.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3175.2 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2434.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 529.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 211.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The Surgical type held the highest Atrial Fibrillation market revenue share in 2024.

Market Dynamics of Atrial Fibrillation Market

Key Drivers for Atrial Fibrillation Market

Rising geriatric population to Increase the Demand Globally

The increasing elderly population is a key driver in the atrial fibrillation market, given their heightened susceptibility to the condition. By 2030, the World Health Organization (WHO) predicts that one in every six individuals globally will be aged 60 or above, signaling a notable demographic shift. Over this period, the proportion of this age group is expected to grow from 1 billion in 2020 to 1.4 billion. Looking further ahead to 2050, the worldwide population of individuals aged 60 and older is forecasted to double, reaching 2.1 billion. Moreover, there is an anticipated threefold rise in the number of those aged 80 years or older between 2020 and 2050, totaling 426 million. These demographic projections highlight the significant aging trend that will shape the population in the forthcoming decades.

Rising Prevalence of Cardiovascular Diseases to Propel Market Growth

Atrial fibrillation frequently occurs alongside other cardiovascular conditions like hypertension, coronary artery disease, and heart failure. Cardiovascular diseases (CVDs) stand as the primary cause of global mortality, claiming an estimated 17.9 million lives annually. In 2020 alone, around 19.1 million deaths were linked to CVDs worldwide. The age-adjusted death rate per 100,000 population was 239.8, while the age-adjusted prevalence rate stood at 7354.1 per 100,000. It was estimated globally that 244.1 million individuals were living with ischemic heart disease (IHD) in 2020, with a higher prevalence observed in males compared to females (141.0 million versus 103.1 million). The escalating incidence and prevalence of these concurrent conditions contribute significantly to the increasing burden of atrial fibrillation worldwide. As awareness surrounding cardiovascular health improves and diagnostic methods become more advanced, there's a rise in the detection of AF cases, thereby propelling market growth.

Restraint Factor for the Atrial Fibrillation Market

High treatment Cost to Limit the Sales

Treating atrial fibrillation, particularly with advanced methods like catheter ablation and implantable device therapy, can be costly. The significant expense associated with these procedures and devices might create financial hurdles for certain patients, especially in areas with limited healthcare resources or insufficient insurance coverage. Cost-related concerns may prompt patients to choose conservative management approaches or postpone seeking treatment, potentially hindering the expansion of the AF market.

Impact of Covid-19 on the Atrial Fibrillation Market

Amid the pandemic, healthcare systems encountered considerable strain due to the surge in COVID-19 cases, resulting in disruptions to routine medical services, including the diagnosis and management of AF. Elective procedures like catheter ablation for AF were frequently postponed or canceled to allocate resources to COVID-19 patients, causing treatment delays and decreased procedural volumes. Access to diagnostic tests such as electrocardiography (ECG) and Holter monitoring may ha...

According to Cognitive Market Research, the global Islamic Financing market size was USD 2514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.50% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 1005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 754.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 578.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.5% from 2024 to 2031.
The Latin American market will account for more than 5% of global revenue and have a market size of USD 125.71 million in 2024. It will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 50.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
The Individual held the highest Islamic Financing market revenue share in 2024.

Market Dynamics of Islamic Financing Market

Key Drivers of Islamic Financing Market

Growing Muslim Population to Increase the Demand Globally

The growing Muslim population globally is expected to significantly increase the demand for Islamic financial products and services in the coming years. With Muslims comprising a substantial portion of the world's population, estimated to reach nearly 30% by 2050 according to demographic projections, there is a natural market for Sharia-compliant banking and investment solutions. As incomes rise and financial literacy improves in Muslim-majority countries and beyond, more individuals and businesses are seeking financial services that align with their religious beliefs and ethical values. Moreover, the increasing affluence and urbanization among Muslim populations contribute to a greater demand for sophisticated financial products, including Islamic mortgages, savings accounts, and investment funds. This growing demand is wider than in Muslim-majority countries. Still, it extends to Muslim communities and individuals residing in non-Muslim-majority countries, as well as non-Muslims who are attracted to the ethical principles and risk-sharing mechanisms inherent in Islamic finance.

Economic Development in Muslim-majority Countries to Propel Market Growth

Economic development in Muslim-majority countries is poised to propel significant growth within the Islamic finance market. As these countries experience robust economic growth, driven by factors such as population growth, urbanization, and natural resource wealth, a corresponding demand for sophisticated financial services that comply with Islamic principles emerges. This demand stems from both individuals and businesses seeking ethical and Sharia-compliant financial solutions to meet their diverse needs. Moreover, the expanding middle class within these countries signifies an increasing appetite for diverse banking and investment products, including Islamic mortgages, savings accounts, and investment funds. As disposable incomes rise and financial literacy improves, more people are turning towards Islamic finance as a viable alternative to conventional banking, recognizing its alignment with their religious beliefs and ethical values.

Restraint Factors Of Islamic Financing Market

Limited Product Offering to Limit the Sales

The limited product offering within the Islamic finance market poses a significant challenge, potentially constraining sales and market growth. Compared to conventional banking, Islamic finance products and services are often more specialized and may only cover part of the spectrum of financial needs for individuals and businesses. This limited range of options can deter potential customers who require a broader array of financial solutions. One of the primary reasons for the limited product offering is the adherence to Sharia principles, which prohibit certain financial activities such as interest (riba) and speculative transactions (gharar). While Islamic finance emphasizes ethical and socially responsible investing, it also imposes constraints on product innovation and development, particularly in areas where conventional finance has more f...

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Aitkin by race. It includes the distribution of the Non-Hispanic population of Aitkin across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Aitkin across relevant racial categories.

Key observations

Of the Non-Hispanic population in Aitkin, the largest racial group is White alone with a population of 2,050 (96.20% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Aitkin
• Population: The population of the racial category (for Non-Hispanic) in the Aitkin is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Aitkin total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Aitkin Population by Race & Ethnicity. You can refer the same here

Globally, about 25 percent of the population is under 15 years of age and 10 percent is over 65 years of age. Africa has the youngest population worldwide. In Sub-Saharan Africa, more than 40 percent of the population is below 15 years, and only three percent are above 65, indicating the low life expectancy in several of the countries. In Europe, on the other hand, a higher share of the population is above 65 years than the population under 15 years. Fertility rates The high share of children and youth in Africa is connected to the high fertility rates on the continent. For instance, South Sudan and Niger have the highest population growth rates globally. However, about 50 percent of the world’s population live in countries with low fertility, where women have less than 2.1 children. Some countries in Europe, like Latvia and Lithuania, have experienced a population decline of one percent, and in the Cook Islands, it is even above two percent. In Europe, the majority of the population was previously working-aged adults with few dependents, but this trend is expected to reverse soon, and it is predicted that by 2050, the older population will outnumber the young in many developed countries. Growing global population As of 2025, there are 8.1 billion people living on the planet, and this is expected to reach more than nine billion before 2040. Moreover, the global population is expected to reach 10 billions around 2060, before slowing and then even falling slightly by 2100. As the population growth rates indicate, a significant share of the population increase will happen in Africa.

About this dataset

Context

The dataset tabulates the Non-Hispanic population of Milford township by race. It includes the distribution of the Non-Hispanic population of Milford township across various race categories as identified by the Census Bureau. The dataset can be utilized to understand the Non-Hispanic population distribution of Milford township across relevant racial categories.

Key observations

Of the Non-Hispanic population in Milford township, the largest racial group is White alone with a population of 2,050 (98.84% of the total Non-Hispanic population).

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race: This column displays the racial categories (for Non-Hispanic) for the Milford township
• Population: The population of the racial category (for Non-Hispanic) in the Milford township is shown in this column.
• % of Total Population: This column displays the percentage distribution of each race as a proportion of Milford township total Non-Hispanic population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Milford township Population by Race & Ethnicity. You can refer the same here

In 2024, healthcare spending per person with diabetes in Brazil amounted to around ***** U.S. dollars. This figure is forecast to decrease to approximately ***** U.S. dollars per patient by 2050. The number of adult population with diabetes in the country in 2024 added up to **** million people, the highest among selected Latin American countries by that time.

Christianity is the major religion in numerous African countries. As of 2024, around 96 percent of the population of Zambia was Christian, representing the highest percentage on the continent. Seychelles and Rwanda followed with roughly 95 percent and 94 percent of the population being Christian, respectively. While these countries present the highest percentages, Christianity was also prevalent in many other African nations. For instance, in South Africa, Christianity was the religion of nearly 85 percent of the people, while the share corresponded to 71 percent in Ghana. Religious variations across Africa Christianity and Islam are the most practiced religions in Africa. Christian adherents are prevalent below the Sahara, while North Africa is predominantly Muslim. In 2020, Christians accounted for around 60 percent of the Sub-Saharan African population, followed by Muslims with a share of roughly 30 percent. In absolute terms, there were approximately 650 million Christians in the region, a number forecast to increase to over one billion by 2050. In contrast, Islam is most prevalent in North Africa, being the religion of over 90 percent of the population in Algeria, Morocco, Tunisia, and Libya. Christianity in the world As opposed to other religions, Christianity is widely spread across continents worldwide. In fact, Sub-Saharan Africa, Latin America and the Caribbean, and Europe each account for around 25 percent of the global Christian population. By comparison, Asia-Pacific and North America make up 13 percent and 12 percent of Christians worldwide, respectively. In several regions, Christians also suffer persecution on religious grounds. Somalia and Libya presented the most critical situation in Africa in 2021, reporting the strongest suppression of Christians worldwide just after North Korea and Afghanistan.