The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028. Globally, functional drinks are sought after for their high protein content and their demand is …
Monthly Archives: June 2022
Animal Feed Nutrition Market Key Segments, Regional Outlook, Top Companies, Forecast To 2032
The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, accelerating with a CAGR of 7.1% by 2022-2032. According to the report, expansion of livestock feed industry and rising per capita meat consumption will stoke growth. The report offers a comprehensive overview of the market, covering key growth …
Insect Protein Market Latest Trends, Demand, Growth, Opportunities & Outlook Till 2032
Newly released data on the global insect protein market by FMI Estimated that the insect protein market enjoyed year-on-year (YoY) growth of 8.2% in 2022 and is accounted for USD 349.2 Mn and is expected to witness a prominent CAGR of 9.2% to reach the value of USD 838.5 Mn in 2032. Revenue for the insect-based pet food segment grew by 18% during the period 2017-2021 while the …
Citrus Pectin Market Global Industry Overview by Size, Share, Future Scope, Development up to 2032
The global Citrus Pectin market is estimated at US$ 116.9 Bn in 2022 and is projected to reach US$ 183.9 Bn by 2032, at a CAGR of 4.6% from 2022 to 2032. Against the backdrop of expanding food and pharmaceutical industries, the demand for citrus pectin is rapidly increasing. The globally rising prevalence of diabetes, obesity and cardiac issues has increased consumers’ focus on …
Bio Vanillin Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032
According to Future Market Insights (FMI), The Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021 and expected to reach USD 255.2 million in 2032, at a CAGR 7.4%. Europe Bio vanillin will represent approximately 40% of the overall demand. Bio vanillin market is at its initial development stage, the producers claim their products to be natural and some products …
Meat Alternatives Market Scope, Segmentation, Development and Opportunities with Forecast 2031
The global meat alternatives market size totaled US$ 5,660.1 Mn in 2021. With sales growing year-over-year by 5.2%, the market valuation is set to reach US$ 6,378.9 Mn in 2031. Meat substitutes have been on the market for quite some time. However, it was only after the spread of veganism and flexitarianism that these products began to acquire traction. Previously, there were …
Pet Food Processing Market Latest Study Reveals New Growth Dynamics Forecasts to 2032
The global pet food processing market is expected to be worth USD 5.0 billion in 2022, rising to USD 8.4 billion by 2032, representing a CAGR of 5.3 percent for the forecast period of 2022–2032. The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend of pet …
Styrene Butadiene Rubber Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2026
The demand for synthetic rubbers continues to witness an upsurge as companies fail to find competent natural substitutes. In the view of changing industrial applications, styrene butadiene rubber has emerged as one of the greatest synthetic rubbers used in the automotive industry. With exceptional properties, products made of styrene butadiene rubber are finding applications across …
Molybdenum Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2026
Growing demand for energy from large scale industries is expected to influence the demand for molybdenum in the near future. As the natural resources continue to deplete, manufacturers are seeking new energy sources, which requires setting renewable energy production plants. This, in turn, is driving the demand for steel and molybdenum for construction of production facilities. This …
Tissue Cultured Date Palm Market Expected to Expand More than Three-Fold through 2027
Majorly driven by application in food & beverages, cosmetics & personal care, and feed industries, global tissue cultured date palm market surpassed a value of US$ 4.5 Bn in 2019. The market is further projected for a robust growth outlook through 2027. Tissue cultured date palm plants are of superior and uniform quality and are from a …