The global fermented dairy ingredients market is expected to accumulate USD 7,884.0 million in value by 2023-end. During the forecast period ranging from 2023 to 2033, a CAGR worth 8.2% has been projected for the market, with an expected closing value worth USD 16,485.5 million. During the 2018 to 2022 historical period, the industry grew at …
Monthly Archives: June 2024
Floral Flavor Market Forecasted to Reach USD 26.8 Billion by 2033, Says Future Market Insights
The floral flavor market is forecast to expand at 5% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 16,390 million in 2023. The market value of the floral flavor market is anticipated to reach a high of USD 26,827.2 million by the year 2033. The floral flavors are extensively …
Organic Yeast Market Poised for Rapid Growth: Expected to Hit USD USD 763.4 Million by 2032, Surging at a 10% CAGR Through 2032
In 2022, the market size of global organic yeast is assessed at USD 294.5 million, with a projected compound annual growth rate (CAGR) of 10.0% from 2022 to 2032. Sales of organic yeast on a global scale are expected to constitute approximately 4.6% of the overall demand in the global yeast market, which is valued at USD …
Personalized Nutrition Market Set to Reach US$ 5.12 Billion by 2034 with 4.1% CAGR, Revolutionizing Health and Disease Prevention
In a recently updated market intelligence report, FMI reveals that the personalized nutrition market is projected to reach a value of US$ 3,435.20 million in 2024. This market growth is driven by customized interventions that enhance quality of life and are gaining recognition as a novel approach to disease prevention. As personalized nutrition solutions become …
Soy Milk Market Poised for Major Growth: Projected to Reach US$ 12.86 Billion by 2034
Soy Milk Market Soy milk, over the years, has come a long way to become one of the prominent non-dairy alternatives. Busting myths and negative perceptions, soy milk’s acceptance in the general population has taken the market to a staggering US$ 6,877.4 million in 2024. Effective marketing strategies by key players in the market are …
Expanding Opportunities in Dairy Testing Services: Projected Growth to USD 9.63 Billion by 2032
In 2022, the global dairy testing services market is valued at USD 4.04 billion, with an anticipated compound annual growth rate (CAGR) of 8.1% from 2022 to 2032. Sales of dairy testing services are projected to contribute approximately 18.8% to the overall demand in the global food testing market, which is valued at USD 21.5 billion in …
Freeze-Dried Food Market to US$ 54.8 Billion by 2032, Driven by Rising Packaged Food Demand
Freeze-Dried Food Market The global freeze-dried food market is set to witness growth at a CAGR of 6.8% over the forecast period, reaching a valuation of US$ 54.8 Bn by 2032. Increasing awareness about various health benefits of nutritional, natural, and low carb diet is fuelling the demand for freeze-dried fruits and vegetables. One of the key factors driving the market …
Processed Cashew Market Set to Grow at 5.8% CAGR, Capturing 63% Market Share by 2032
Processed Cashew Market The global processed cashew market is set to witness growth at a CAGR of 5.8%, surpassing US$ 8,793.0 Mn by 2032, finds Future Market Insights (FMI). Growth is driven by rising demands for superfood with nutritional properties. Consumers are increasingly interested in diets that are both sustainable and healthy. Hence, adoption of sustainable food products such as …
Almond Milk Market Poised for 9.2% CAGR, Reaching US$ 14.2 Billion by 2034, Fueled by Health Trends and Lactose Intolerance Awareness
The global almond milk market is expected to grow significantly, increasing from an estimated US$ 5,895.8 million in 2024 to US$ 14,193.79 million by 2034, reflecting a robust CAGR of 9.2%. This growth is driven by rising lactose intolerance rates, increasing health awareness, and a growing preference for non-dairy alternatives like vanilla almond milk. These factors contribute …
UHT Milk Market Set to Reach US$ 119.792 Billion by 2033 with 6% CAGR, Driven by Growing Health Awareness
The UHT milk market is expected to be worth US$ 69.09 billion in 2023 and to thrive at a CAGR of 6%. With a growing emphasis on health and wellness, UHT milk sales are predicted to reach US$ 119.792 billion by 2033. The UHT milk industry can benefit from the growing popularity of healthy alternatives to on-the-go …