Insect-Based Pet Food Market The insect-based pet food market is forecasted to garner revenue of US$ 3,448.5 million in 2033, up from US$ 1,341.0 million in 2023, advancing at a rate of 10% from 2023 to 2033. The pet food industry is undergoing a significant transformation as more pet owners seek innovative and sustainable alternatives to traditional …
Monthly Archives: August 2024
Europe Duckweed Protein Market to Surge with 20% CAGR, Reaching USD 7.9 Million by 2033
Duckweed Protein Market The Europe duckweed protein market size is poised for remarkable growth, with an anticipated 20% compound annual growth rate (CAGR) over the next decade. The market, valued at USD 1.28 million in 2023, is expected to soar to USD 7.9 million by 2033. This growth is largely driven by the rising vegan population and innovative advancements in plant-based proteins. Veganism …
Wine Market to Reach USD 2971.13 Billion by 2033, Driven by a 5.7% CAGR | FMI
Wine Market From 2023 to 2033, there is expected to be a significant increase in the size of the global wine market. The global market is expected to surpass a valuation of US$ 5,34,226 million in 2023, according to the research report released by Future Market Insights. By 2033, its value is projected to reach US$ 8,75,293.8 million. From 2023 …
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Spirulina Extract Market to Grow at 14.8% CAGR, Reaching USD 234.8 Million by 2034 | FMI
The Spirulina Extracts market has witnessed remarkable growth in recent years, driven by the increasing demand for natural and sustainable nutritional products. Spirulina, a nutrient-rich blue-green algae, boasts an array of health benefits, including its high protein content, antioxidants, vitamins, and minerals. As consumers gravitate towards plant-based diets and eco-friendly alternatives, spirulina has emerged as a go-to …
Phytochemical Market Reaching to USD 14.8 Billion with 7.1% CAGR by 2033
Phytochemical Market Analysis Estimates project a substantial rise in worldwide phytochemical sales, reaching US$ 7,436 million in 2023. A comprehensive industry analysis foresees the global phytochemical market surging at a robust CAGR of 7.1%, poised to attain US$ 14,821 million by 2033. Diverse applications of phytochemicals are anticipated to fuel growth across various end-use sectors such as food and beverages, nutraceuticals, …
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Animal Feed Probiotic Market to Reach USD 6.8 Billion by 2034 with 6.4% CAGR | FMI
Animal Feed Probiotics Market The demand for animal feed probiotic market is experiencing significant growth, driven by rising demand for sustainable and efficient animal farming practices. Valued at US$ 3,645 million in 2024, the market is projected to reach an impressive US$ 6,798 million by 2034, growing at a CAGR of 6.4% during the forecast period. This press release highlights key market drivers, …
Plant-Based Milk Market to Surge to USD 47.9 Billion by 2034, Driven by Growing Health Consciousness and Vegan Trends
Plant-Based Milk Market The global plant based milk market size has the potential to attain US$ 20.1 billion in 2024. The global sales of plant based milk accounted for US$ 16.1 billion in 2019 and is slated to acquire a valuation of US$ 47.9 billion by 2034. This escalation exhibits a surge at a CAGR of 9.1% …
Personal Care and Cosmetics Microalgae Market Set to Reach USD 107 Million by 2033, Fueled by Nutrient-Rich Applications
Personal Care and Cosmetics Microalgae Market The personal care and cosmetics microalgae market demand is poised for substantial growth, with a projected valuation of US$ 107 million by 2033, driven by increasing consumer awareness of the health benefits of microalgae and their applications in skincare and hair care products. With their rich nutrient content and eco-friendly production …
Interesterified Fats Market to Grow at 5.9% CAGR, Reaching USD 7.44 Billion by 2033 | FMI Study
Interesterified Fats Market The global interesterified fats market is projected to experience substantial growth, with Future Market Insights forecasting a rise from USD 4,486.2 million in 2023 to US$ 7,439.4 million by the end of 2033. This reflects a robust compound annual growth rate (CAGR) of 5.9% over the forecast period. Interesterified fats have emerged as a …
Agricultural Adjuvant Market to Surge at 6% CAGR, Reaching USD 6.75 Billion by 2034 | FMI
Agricultural Activator Market The global sales of agricultural adjuvant market is set for significant expansion, projected to grow at a robust 6% CAGR from 2024 to 2034. The market, valued at USD 3.79 billion in 2024, is expected to reach an impressive USD 6.75 billion by 2034. This substantial growth is driven by various factors, including favorable governmental policies, proactive development by key …