The market for canned pasta is expected to achieve a spectacular valuation of US$ 1,993 million by 2033 and is now on a tasty trend. The market is driven by the rising demand for convenient and ready-to-eat food products, which is expected to rise at a steady compound annual growth rate (CAGR) of 4.7% between 2023 and …
Monthly Archives: July 2024
Canned Meat Market Projected to Surpass USD 25 Billion by 2033, Reports FMI
In 2023, the canned meat market is anticipated to reach a market value of US$ 13,644.8 million. The market is projected to surpass US$ 25,405.5 million in 2033, expanding at a CAGR of 6.8% during the forecast period. This mainly concerns the growing demand for protein-rich food and convenient foods. Along with protein, it has other nutrients …
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Fruit Pectin Market to Surge, Expected to Hit USD 1,470.5 Million by 2032 with 5.6% Annual Growth
The fruit pectin market is witnessing growth due to its versatile applications in the food and beverage industry. Extracted from fruits like apples and citrus, pectin is a natural gelling agent and thickener used in jams, jellies, and confectionery. Its demand is driven by the rising preference for natural and clean-label ingredients. Additionally, the health-conscious consumer base …
Fragrance Emulsifier Market to Surpass USD 1 Billion by 2033 with Steady 3.4% Annual Growth
The fragrance emulsifier market is predicted to rise at a CAGR of 3.4%, suggesting a stable growth trend from 2023 to 2033. The market is expected to expand in value from US$ 714.4 million in 2023 to US$ 1,000.8 million in 2033. Even though the observed CAGR of 1.9% between 2018 and 2022 indicates a slower growth …
Flourishing Horizons: Unveiling the FMI-Fueled Journey of the Functional Flour Market with a Resilient 9.2% CAGR till 2033
From 2023 to 2033, the functional flour market is anticipated to expand significantly at a CAGR of 9.2%. Changing consumer lifestyles and rising consumer demand for premium food items, driven by the quest for taste and health benefits, give significant potential for market expansion. Furthering the market’s optimistic outlook are increased government rules that support …
Butter Powder Market Insights: Anticipating a 6.3% CAGR Over the Next Decade
In 2023, the butter powder market has been evaluated to reach a global market value of US$ 2.4 billion. With a growth rate at a CAGR of 6.3% during the forecast period, this market is estimated to appreciate almost twice its market value globally in 2033. As per FMI, the butter powder market is approximated to touch …
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Banana Bread Market to Hit Record USD 3.6 Billion by 2033, Predicts Future Market Insights Inc.
The banana bread market is predicted to reach a CAGR of 14.1% during the forecast period and a market value of US$ 3,600.8 million by 2033. It is also foreseen to reach a market value of US$ 959.9 million in 2023. This is mainly due to a growing consumer preference for healthier alternatives. Banana is very beneficial …
Thermoformed Tubs Market Envisions Reaching US$ 17,822.6 Million by 2033
The thermoformed tubs market is forecast to experience a growth of 5.3% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 10,633.8 million in 2023. While making purchasing decisions, consumers factor in the product cost. The thermoformed packaging, as per SouthPack intelligence, costs 15% less than the …
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Unlocking Growth in the USD 2.3 Billion Omega-3 Pet Supplement Market: Strategic Opportunities for Capitalizing on 7.9% CAGR through 2034
According to Future Market Insights, Inc., the global omega-3 pet supplement market value is estimated to total USD 1,280.7 million in 2024. It is projected to grow at a CAGR of 7.9% during the assessment period, with global revenue reaching USD 2,292.5 million by 2034. Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-19711 The humanization of pets drives the global …
Pouch Equipment Market Set to Achieve US$ 5.26 Billion by 2033 | Future Market Insights
The pouch equipment market is anticipated to strive at an average CAGR of 5.1% between 2023 and 2033. The market is expected to have a market share of US$ 5.26 billion by 2033 while it is likely to be valued at US$ 3.20 billion in 2023 The expanding food and beverages market along with the pharmaceutical industry’s proliferation is expected to let them …