New Product Development
The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031). Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. …
Continue reading “US NFC Lemon Juice Market Will Generate New Growth Opportunities in 2031”
Latest report by Future Market Insights (FMI) forecasts the global phytochemical market to surpass US$ 6.5 Bn in 2021. The overall market is expected to witness healthy growth at 7% CAGR to surpass US$ 12.9 Bn by 2031. Increasing application of phytochemicals in cosmetics, food & beverages, and pharmaceutical industries is expected to augment sales in the global phytochemicals market over the forecast period. Driven …
Demand for Protease Market is expected to reach US$ 1.8 Bn in 2021, according to the latest Future Market Insights (FMI) study. Driven by the rising demand for healthy food derived from natural sources, the market value is expected to reach US$ 3.94 Bn by 2031, exhibiting growth at healthy CAGR of 7.8% for 2021-31. As synthetic chemicals used in industrial operations are …
Continue reading “Protease Market Set for Rapid Expansion during Forecast Period 2022-2031”
The animal feed probiotics market value is expected to total US$ 3,113.3 Mn in 2021, according to Future Market Insights (FMI). The overall animal feed probiotics market value is expected to reach US$ 6,997.2 Mn by 2031, growing at a CAGR of 8.4%. Over the last decade, the rise in the number of homes with pets has played a crucial part in maintaining the …
Popularity of vegan diets can be attributed to popularity of veganism and rising focus on sustainable living. As per Future Market Insights (FMI), these factors will create conducive environment for the expansion of the plant based milk market. The report also forecasts the sales of plant-based milk to increase at 8.8% CAGR between 2021 and 2031, the overall market …
Sales in the global microalgae market are slated to top US$ 11.4 Bn in 2022. Expanding at a healthy 8.0% CAGR, the market size is projected to total US$ 18.1 Bn by 2028. As per Future Market Insights (FMI), the global shipment of microalgae will reach 63,864.60 DW tons by 2021-end. Application of microalgae in food and beverage sector is expected to spur the …
Future Market Insights, Dubai: As per Future Market insights (FMI), the global market for cat food is anticipated to surpass a valuation of US$ 65.2 Bn by 2031 in comparison to the valuation of US$ 40.78 Bn registered in 2021, expanding at a CAGR of 4.8% over the forecast period 2021-2031. The cat adoption rate is phenomenally increasing, especially on account of increasing pet humanization trends coupled with …
As per Future Market insights (FMI), the global market for caramel food colors is anticipated to surpass a valuation of US$ 409 Mn by 2031 in comparison to the valuation of US$ 165.2 Mn registered in 2021. The market has been forecast to exhibit a CAGR of 9.5% over the forecast period 2021-2031. Growing preference for foods that are not …
As per a latest Future Market Insights (FMI) analysis, the demand for microalgae in animal feed sector will top US$ 57.5 Mn in 2021. The overall market is forecast to expand at 3.5% CAGR between 2021 and 2031, reaching a valuation of US$ 80.9 Mn by 2031 end. Growing population, rising demand for animal products, and increasing adoption of pets are some of …
Growing demand for plant-based and nutrient-rich pet food is boosting sales of vegan cat food. As per ESOMAR-certified consulting firm Future Market Insights (FMI) the global vegan cat food market is anticipated to surpass US$ 10,560.40 Mn in 2021. Increasing concerns regarding pet health are propelling demand for meat-free pet food alternatives. This trend is encouraging pet food producers …