The demand for blockchain technology market is expected to increase at an astounding CAGR of 43.5% from 2022 to 2030, with the worldwide market expected to be valued at US$ 59.5 billion by that time. The target market is expected to reach an estimated US$ 3.31 billion by the end of 2022. The market for blockchain technology …
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Food Authenticity Testing Services Market Growth Forecasted at 6% Per Year Through 2033
In 2023, the USD 5893 million for the food authenticity testing service market is estimated to reach a revised size of USD 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period. Consumers have become increasingly skeptical about the authenticity of food products designed to meet …
Chickpea Protein Market Forecasted for Remarkable Growth, Expected to Attain USD 165.1 Million by 2033
The global chickpea protein market is predicted to register a CAGR of 5.1% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from USD 100.9 million in 2023 to USD 165.1 million by 2033 end. Chickpea protein consumption is anticipated to increase due to increasing demand from the food industry. …
Pea Starch Concentrate Market Projected to Reach USD 1,987.4 Million by 2033, Reveals FMI Report
The global pea starch concentrate market is expected to be valued at USD 1247.5 million in 2023 and reach a valuation of USD 1987.4 million by 2033. The demand for pea starch concentrate is estimated to grow at a steady 4.8% CAGR. Pea starch concentrate is a rapidly emerging market segment within the global food and …
Global Casein Market Set to Surpass USD 4.9 Billion by 2033, According to Future Market Insights Inc.
The casein market has witnessed significant growth in recent years, driven by the increasing demand for dairy products, especially in the food and beverage industry. Casein, a protein found in milk, has found versatile applications in various sectors, including food and beverage, pharmaceuticals, cosmetics, and industrial applications. In 2023, the global casein market was worth USD 2.7 …
Lentil Protein Market to Expand at 5.1% CAGR, Projected to Reach USD 208.3 Million by 2033, Reports FMI
The global lentil protein market is estimated to have a CAGR of 5.1% during 2023-2033, with a market size of USD 208.3 million by 2033. The market in 2023 is likely to be around USD 129.4 million. Lentils are a part of the legume family, and lentil protein is derived from lentils. Lentil protein is a …
Global Superfood Powders Industry Set to Hit USD 13.66 Billion by 2033, Reports Future Market Insights Inc.
The superfood powders market is forecasted to garner revenue of USD 13.66 billion in 2033, up from USD 6.84 billion in 2023, advancing at a rate of 7% from 2023 to 2033. The superfood powders industry has emerged as a dynamic segment within the health and wellness market. With increasing consumer awareness of nutrition and wellness, superfood powders—made …
Bubble Tea Market Forecasted for Robust 9% CAGR Growth Through 2033
The Bubble Tea Market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from USD 2.72 billion in 2023 to USD 6.17 billion by 2033. Bubble tea, also known as boba tea, …
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Sports Nutrition Market Projected to Grow at 11.5% CAGR Through 2033 – FMI Report
According to Future Market Insight, the global sports nutrition market is likely to reach USD 61.66 billion by 2033, registering a CAGR of 11.5%. This is a considerable increase from its projected value of USD 20.77 billion in 2023. Understanding the Sports Nutrition Market The sports nutrition market encompasses a diverse range of products designed to …
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Fish Feed Market Forecasted to Expand by 3.5% Annually Through 2033
According to FMI, fish feed market is expected to reach USD 116,480 million by 2023. It is estimated that the market is poised to reach USD 163,530 million between 2023 and 2033, representing a CAGR of 3.5%. The fish feed market is a vital segment of the aquaculture industry, which has seen significant growth due to …
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