Food Premix Market The global food premix market value in 2019 was US$ 38.5 billion and it increased to US$ 45.76 billion in 2023. The global market for food premix witnessed a year-on-year growth rate of 5.1% per year between 2019 and 2023. As per the new market estimates report, the global demand for food premixes is likely to rise at a rate …
Monthly Archives: July 2024
Essential Fatty Acids Market to Surge to USD 13.87 Billion by 2033, Driven by Health Benefits Awareness and 9.9% CAGR
Future Market Insight projects that the global essential fatty acids market could achieve considerable growth, with an estimated value of US$ 13.87 billion by 2033. This remarkable growth is anticipated to be driven by a CAGR of 9.9%. It signifies a substantial rise from the projected value of US$ 5.37 billion in 2023. Essential fatty acids, such …
High-Barrier Packaging Solutions Drives the PVDC Coated Film Market, Estimated to Secure a CAGR of 3.1% During the Forecast Period, by 2033
The global PVDC coated film market is estimated to capture a valuation of US$ 9.6 billion in 2023 to reach up to US$ 13.1 billion by 2033. The global market is likely to register a CAGR of 3.1% during the forecast period. This growth is driven by the increasing demand for high-barrier packaging solutions, which protect products …
Citrus Crop Nutrition Market to Reach USD 1.53 Billion by 2033, Driven by Rising Demand and Precision Farming Practices
Citrus Crop Nutrition Market The global citrus crop nutrition market value is poised for substantial growth, with projections indicating an increase from USD 902.2 million in 2023 to USD 1,526.5 million by the end of 2033, representing a notable CAGR of 5.4%. Several factors are expected to drive this growth, including the rising demand for citrus fruits …
Seaweed Hydrocolloids Market to Reach USD 997 Million by 2033, Driven by Demand for Natural and Clean-Label Ingredients
Seaweed Hydrocolloid Market The global market for seaweed hydrocolloids is poised for substantial growth, with an estimated valuation of US$ 610.0 million in 2023. The market is projected to reach a valuation of US$ 997.0 million through 2033. It is anticipated to surge at a CAGR of 4.9% in the estimated period from 2023 to 2033. The …
European Seasoning Market to Reach USD 1.74 Billion by 2034, Driven by Culinary Diversity and Health-Conscious Trends
European Seasoning Market The seasoning demand in Europe is estimated to be US$ 1,003.04 million in 2024 and is projected to surpass US$ 1,740.1 million by 2034. Sales of seasonings in Europe are anticipated to rise at a CAGR of 5.7% through 2034. The region’s rich culinary diversity and the increasing popularity of global cuisines contribute significantly to the rising product sales. Consumers are embracing diverse flavor …
Adaptogen Drink Market to Hit USD 2.42 Billion by 2034, Fueled by Rising Demand for Stress Reduction and Wellness Solutions
The global adaptogen drink market size is expected to reach US$ 1,228.2 million by 2024. It will likely expand at a 6.4% CAGR from 2024 to 2034. The market is anticipated to attain a valuation of about US$ 2,416.8 million by 2034. In today’s world, stress reduction and overall well-being maintenance are crucial. One such type of beverage that includes ancient medical systems …
Food Fortification Industry Poised for Remarkable Growth: Future Market Insights Reveals Flourishing Opportunities
The food fortification market size is to be valued at US$ 106.7 billion by 2024. The market valuation is estimated to be US$ 286 billion by 2034, projected at a CAGR of 10.4%. The food fortification market stands as a beacon of innovation and public health, leveraging fortified foods and beverages to address nutritional deficiencies and enhance overall well-being and imposes marketing …
Korea’s Polydextrose Market to Reach USD 21.59 Million by 2033, Driven by Health Trends and Versatile Applications
In Korea, the polydextrose market is experiencing a surge, driven by a compound of factors propelling its demand and utilization. With an estimated CAGR of 7.6% through 2033, the industry is set to elevate from US$ 10.34 million in 2023 to US$ 21.59 million by 2033. This growth is fueled by a convergence of health-conscious consumer trends, …
Feed Grain Market to Hit USD 70 Billion by 2034, Driven by Livestock Industry Growth and Rising Meat Consumption
Feed Grain Market The Global Feed Grain Market value is anticipated to increase from US$ 50.0 billion in 2024 to US$ 70.0 billion by 2034. Global demand for feed grains is projected to expand at a 3.4% CAGR throughout the assessment period. Several factors are expected to stimulate the growth of the feed grain market during the forecast period. These include- Booming livestock …