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The rising demand for craft beer is key growth enabler of mezcal market. Future Market Insights (FMI) in a new study has forecast the market to exhibit above 12% Y-o-Y growth after contracting due to unprecedented COVID-19 outbreak in 2020. Consumer inclination towards alcoholic beverages derived from natural sources is a key game changer. Their evolving …
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The fish meal consumer market is expected to be worth USD 8000 Mn in the year 2021, and to increase at an extraordinary pace to USD 15,000 Mn by 2032, with a CAGR of 7.7% over the forecast timeline. Fish meal has been extensively used as a vital element of the fertilizer and aquaculture industries. The usage of Trout and Salmon as …
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Future Market Insights (FMI) in its recent outlook titled “Edible Films and Coatings Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017-2027)”, projects that in terms of value, the global edible films and coatings market revenue will expand at a CAGR of 4.5% during the forecast period. In terms of revenue, the global edible films and coatings …
The malt ingredients market is estimated to be valued at USD 24.2 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 39.4 Bn by 2032, rising at a CAGR of 5% for 2022-32. The malt ingredients market is being driven by rising demand in the global food and beverage industry. In …
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“Beetroot Powder Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017–2027)” is the new report published by Future Market Insights. According to this report, the beetroot powder market has been experiencing significant growth; however, it is still at a growing stage compared to other products in the market. Growing popularity of beetroot juice is one of …
Against this backdrop, the sales of Cocoa Liquor Market via online stores and eCommerce platforms is expected to surge. Despite the spread of COVID-19, the rising online demand will enable the market to exhibit a stable rate of growth at a CAGR of 3.2% between 2021 and 2031. There has been a sharp increase in the demand …
The prebiotic ingredients market is estimated to be valued at USD 6.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 18 Bn by 2032, rising at a CAGR of 10.5% for 2022-32. Furthermore, growing awareness about the benefits of prebiotic ingredients in maintaining a …
The consumer market for insoluble dietary fiber is presently estimated to be worth USD 2,200 million and is predicted to grow at a 9.2 percent CAGR to USD 2.66 billion by 2022. Excessive demand of functional foods, increased consumer understanding via public health programs, and an increase in customer health concerns are driving this market. Market expansion has been …
The non – fat dry milk market is valued at US$ 7.66 Bn in 2021. The market is projected to grow at a CAGR of 3.1% through 2022, reaching US$ 7.9 Bn by 2022. Non fat dry milk, better known as powdered milk have many benefits which has led to the growth of this market across the …
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The textural food ingredient market is valued at nearly US$ 4 Bn in 2021. The market is expected to grow at a CAGR of 4.9% CAGR through 2027, reaching US$ 5.28 Bn by 2027. The growing consumer demand for better texture and taste in food products consumed has forced food manufacturers to resort to product innovation in …