New Product Development
The global seafood market is expected to be worth US$ 110.2 billion by 2022, growing at a CAGR of 3.6 percent between 2022 and 2032. Between 2017 and 2022, seafood sales grew at a CAGR of 3.3 percent, and between 2022 and 2032, they will grow at a CAGR of 3.6 percent. According to FMI, the US seafood market will be …
Continue reading “Seafood Market 2022 Growth, COVID Impact, Trends Analysis Report 2032”
According to the recent Future Market Insights (FMI) report, the sales of frozen meat grinders are expected to surpass a value of US$ 1,892.5 Mn in 2032, rising at a CAGR of around 5.4% through the end of 2032. Growing meat consumption coupled with rising demand for more meat options, such as humanely raised, free-range, organic, and sustainably …
The global wheat fiber market is set to witness growth at a CAGR of 7.4% and is anticipated to reach a valuation of around USD 3.5 Bn by 2032. The changing perspective of natural food ingredients among consumers can be seen in their purchasing habits. The health benefits of natural products are the most important factors driving …
The market for fuel cells in data centres is anticipated to grow significantly over the next few years. Distributed generation (DG) and renewable energy are becoming more prominent in corporate culture as more businesses search for dependable, resilient technologies to deliver constant power and lower their carbon footprint. The fuel cell is a leading example …
The global functional carbohydrates market is estimated to reach a market worth of US$ 5.4 bn by 2022, increasing with a CAGR of 5.9% from 2022 to 2032. The number of pets is increasing in many developed countries, and the emotional tie between humans and their pets is becoming stronger. As a result, pet owners are becoming increasingly concerned about their pets’ health, …
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of plant-based Collagen are estimated to reach a value of USD 12.3 Bn by 2032, surging at an 8% CAGR through the decade. Plant-based collagen is made using plant-based ingredients. Collagen production with yeast or bacteria is both cost-effective and scalable …
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of hazelnut milk are estimated to reach a value of USD 195.2 Mn by 2032, surging at 10% CAGR through the decade. The term “hazelnut” refers to a species of the genus Corylus. Unshelled hazelnuts are available in whole, diced, sliced, …
According to Future Market Insights’ new report, the global plant-based food market is anticipated to exceed US$ 11.3 billion in 2033. The total market size is expected to reach US$ 35.9 billion by 2033. Sales of plant-based foods are projected to escalate at a CAGR of 12.2% over the forecast period (2023 to 2033). The rising trend of veganism and flexitarians worldwide is providing a strong …
The global zero-calorie chips market is expected to grow at a CAGR of 6.7% between 2022 and 2032, totaling around US$ 3.77 Bn by 2032. Surge in lifestyle diseases, increasing health awareness, rise in the millennial population, and a rapid shift towards healthy snacks are some of the key factors propelling sales of zero-calorie chips. Millennial …
Continue reading “Zero Calorie Chips Market Projected to Record Highest CAGR 7.1% by 2022 to 2032”
Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of US$ 144,322 Mn in 2031. The worldwide non-GMO food products market will gain traction as consumer …