From 2023 to 2033, the insect protein market (Marché des protéines d’insectes) is projected to accelerate at a CAGR of 17.7% from its 2023 value of USD 602.3 million. By 2033, there is going to be USD 3.1 billion global market. Over the projected period, the demand for insect protein is anticipated to increase due to …
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Global Citrus Pectin Market Set to Reach USD 191.7 Billion by 2033, According to FMI Report
The global citrus pectin market is anticipated to reach a valuation of USD 635.5 million in 2023, driven by clean-label and plant-based trends. This trend is expected to create new opportunities for the global market, leading to a projected CAGR of 4.8% between 2023 and 2033. It is estimated to gain a valuation of approximately USD …
Meat Alternatives Market Set to Hit USD 299 Billion by 2034 with Surge in Plant-Based Proteins: FMI
The meat alternative market (Marché des substituts de viande) is expected to rise from USD 18.8 billion in 2024 to USD 299 billion by 2034. This period is marked by staggering growth of 28.8% CAGR, driven by robust FDIs by foreign companies in emerging countries with expansive availability of sources and raw materials to develop alternatives …
Global Nucleotide Market Trends and Predictions: A Comprehensive Forecast to 2031
According to recently released data from the nucleotides market study, the global demand for all nucleotides increased by 5.8% annually in 2021 to reach US$ 559.9 Mn, and it is anticipated to increase by 6.1% annually over the forecasted period. The market will considerably gain from the increasing scope of application in food and beverages industry and …
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Processed Beef Market Value Set to Surpass USD 314.5 Billion by 2033, FMI Report Shows
The Processed Beef market refers to the global industry involved in the production, distribution, and consumption of various processed beef products. Processed beef refers to meat that has undergone specific treatments, such as curing, smoking, canning, or other methods, to improve its shelf life, taste, and convenience for consumers. These products can range from canned beef and …
Packaged Coconut Water Market to Skyrocket to USD 6.47 Billion by 2033, Driven by a 20.5% CAGR and Growing Demand for Health-Focused Beverages
Packaged Coconut Water Market The packaged coconut water market is expected to grow from its current value of US$ 1 billion in 2023 to US$ 6.47 billion in 2033 at a CAGR of 20.5% through 2033. Globally, consumers’ awareness of the advantages of consuming healthy beverages has led to a growth in the demand for coconut water. …
Canned Alcoholic Beverages Market Poised to Reach USD 92.4 Billion by 2034 with an 11% CAGR: Growth Driven by Consumer Demand for Premium, Ready-to-Drink Beverages and Global Expansion
Canned Alcoholic Beverages Market According to a Future Market Insights (FMI) report, the global demand for canned alcoholic beverages was around US$ 17,598.2 Million in 2023 and is projected to exhibit a CAGR growth of 11% over the forecast period. The market is estimated to be valued at US$ 20,411.6 Million in 2024 and projected to surpass US$ 92,401.1 Million by 2034. Consumers are seeking …
Cocoa Derivatives Market Projected to Reach USD 49.59 Billion by 2033 with a 5.4% CAGR, Fueled by Increasing Demand for Organic and Pesticide-Free Products
Cocoa Derivatives Market Future Market Insights analysts predict the cocoa derivatives market may grow from US$ 29.31 billion in 2023 to more than US$ 49.59 billion by 2033. During the forecast period, the market is expected to register a CAGR of 5.4%. There is a growing interest in pesticide-free food products, which influences the demand for organically grown cocoa …
Food Aroma Market Forecast to Reach USD 1,595.72 Million by 2033, Growing at a 6.6% CAGR | FMI Analysis
Food Aroma Market The global food aroma market is predicted to register a CAGR of 6.6% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 842.14 million in 2023 to US$ 1,595.72 million by 2033 end. The food aroma market is projected to experience solid growth on account of surging investments made in research and …
Vegan Cheese Sauce Market on Track to Reach USD 192.3 Million by 2033 as Plant-Based Diets Gain Popularity
Vegan Cheese Sauce Market By 2033, the worldwide demand for vegan cheese sauce is projected to have grown from its 2023 valuation of US$ 100.9 Mn to US$ 192.3 Mn. The increasing number of vegans in the population, especially among the youth, has contributed to the growth of the vegan cheese saucemarket. Now that people know how …