New Product Development
The global malt industry is on a significant growth trajectory, projected to reach a valuation of USD 25.7 billion by 2034 from USD 17.3 billion in 2024, marking a CAGR of 4.1%. This growth is fueled by the rising demand for malt in the beverage industry, particularly in brewing and distilling. Additionally, the food industry’s increasing use …
Continue reading “Brewing Success: Global Malt Industry to Hit $25.7 Billion by 2034”
The global soy lecithin industry, valued at USD 630.1 million in 2024, is projected to grow to USD 992.2 million by 2034, at a CAGR of 5.6%. This growth is driven by soy lecithin’s versatile applications across the food and beverage, nutraceuticals, pharmaceuticals, cosmetics, and animal feed industries. In food processing, soy lecithin is crucial as …
Continue reading “Unlocking Growth: Soy Lecithin Market Set to Reach USD 992.2 Million by 2034”
Cultured Wheat Flour Market In 2023, the global cultured wheat flour industry is estimated to acquire US$ 58.6 million. Changing preferences toward wellness and health is expected to aid growth in the market. It is anticipated to cross a value of US$ 137.2 million by 2033. It is likely to garner a CAGR of 8.8% during the forecast period from 2023 to 2033. The …
Ready-to-eat Cups Market The global ready-to-eat cups market industry size is expected to expand from US$ 451.5 million in 2023 to US$ 669.6 million by 2033. Over the next ten years (2023 to 2033), global ready-to-eat cup sales are likely to surge at 4.0% CAGR. A Few Key Trends Listed by Future Market Insights (FMI): Growing demand …
Plant-based Bars Market The plant-based bars market is anticipated to expand its roots at a steady CAGR of 8.47% between 2023 and 2033. The market is anticipated to cross a market share of US$ 18.15 billion by 2033 while it is likely to be valued at US$ 8.05 billion in 2023. Many people turning vegan, and high …
In 2023, the microbial protein used in feed market is expected to be worth US$ 159.0 million. Sales of microbial protein used in feed are projected to increase at a CAGR of 13.5% and reach US$ 564.1 million by 2033. The microbial protein used in feed industry has been experiencing significant growth due to several drivers. One …
UK Interesterified Fats Market During the projected period, the United Kingdom interesterified fats industry is expected to grow at a CAGR of 4.5%. The market value is projected to increase from US$ 207.3 million in 2023 to US$ 322.4 million by 2033. The historical estimation of this market was valued at US$ 199.4 million by the end of …
Organic Edible Oil Market The global organic edible oil market is poised for substantial growth, projecting a valuation of US$ 7.43 billion by 2033, with a CAGR of 9% from 2023. In 2023, the market is anticipated to reach US$ 3.14 billion, driven by factors like health and wellness trends, environmental concerns, government regulations, and rising disposable incomes. The organic edible oil …
Food Antioxidants Market The food antioxidants market is expected to be worth US$ 3.16 billion in 2023 and is predicted to reach US$ 5.25 billion by 2033. The market is registering a CAGR of 5.2% during the forecast period. How Food Antioxidants Improving Patient’s Health? Food antioxidants reduce health problems, including heart diseases, cancer, and neurological disorders. …
Feed Amino Acids Market The global feed amino acids market size is set to reach US$ 7.81 billion in 2023. Overall sales of feed amino acids are likely to surge at 5.5% CAGR, taking the forecasted market valuation to US$ 13.34 billion by the end of 2033. Amino acids are used as bioactive supplements in the animal …