The FMI anticipates that the plant-based burger market is estimated to capture a valuation of US$ 5.1 billion in 2023. The market is increasing to US$ 23.2 billion by 2033 and is registering a CAGR of 16.3% during the forecast period. How are Manufacturers Shaping Plant-based Burger Market? Manufacturers play a significant role in the global market …
Monthly Archives: April 2024
Food and Beverage Disinfection Market could reach up to US$ 18.9 billion by 2033 | Future Market Insights Inc.
Adjusting for the pandemic years, the global Food and beverage disinfection market experienced an average growth rate of 3.5% during the years between 2018 and 2022. As per the market analysis report, it is projected to witness a credible growth rate of 4.5% during the proposed forecast period. FMI expects the global food and beverages …
Plant-Based Chicken Market Surges with a Projected 18.4% CAGR According to FMI
The Plant-based Chicken Market is expected to surpass US$ 12,601.0 million by 2033The world’s increased protein intake is the primary driver of the worldwide plant-based chicken business. Owing to the increased protein consumption, producers are more likely to offer consumers a selection of novel plant-based chicken products as an alternative to actual chicken. Plant-based chicken is gaining …
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Citrus Water Market Anticipates Robust 17.1% CAGR to Hit US$ 51.9 Million by 2033
The citrus water market is expected to increase from US$ 10.59 million in 2023 to US$ 51.9 million in 2033. The Use of Citrus Water as a Fragrance in Cosmetics Amplifies Production Globally Citrus water is used to increase flavor in the food sector. It is mostly used to manufacture candies in the confectionery business. …
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Plug-in Hybrid Electric Vehicle Market Projected to Reach US$ 186,450.62 Million by 2034
The latest edition of the Future Market Insights report reveals that the plug-in hybrid electric vehicle market demand is poised to reach a value of US$ 35,927.40 million in 2024. This positive trend is anticipated to persist, with forecasts suggesting a market worth of US$ 1,86,450.62 million by 2034. The plug-in hybrid electric vehicle sector …
Anticipated Surge in Global Food Authenticity Testing Services Market to Reach US$ 10112.8 Million by 2033
In 2023, the US$ 5893 million for the food authenticity testing service market is estimated to reach a revised size of US$ 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period. Consumers have become increasingly sceptical about the authenticity of food products designed to meet …
Chickpea Protein Market on Track to Reach $165.1 Million by 2033 | FMI
The global chickpea protein market is predicted to register a CAGR of 5.1% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 100.9 million in 2023 to US$ 165.1 million by 2033 end. Chickpea protein consumption is anticipated to increase due to increasing demand from the food industry. The …
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Zinc-Air Batteries Market Expected to Reach US$ 3.5 Billion by 2033
The Zinc-Air Batteries Market Share is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from US$ 2.0 Billion in 2023 to reach US$ 3.5 Billion by …
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PE Films Market is Expected to Increase Due to the E-commerce and Food & Beverage Expansion | Says FMI
As per Future Market Insights (FMI), the global PE films market is projected to reach a valuation of US$ 79.2 Billion by 2032, with sales growing at a CAGR of 4.3% over the forecast period. PE films are cheap, flexible and versatile that gives them a competitive edge in the packaging industry. Packaging films are manufactured by …
Bubble Tea Market Set to Experience Explosive Growth with a Projected 9% CAGR by 2033
The Bubble Tea Market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from US$ 2.72 billion in 2023 to US$ 6.17 billion by 2033. The bubble tea market has experienced enormous …