According to Future Market Insights (FMI), the global mezcal market is estimated to reach a valuation of US$ 635 million by 2024. Over the forecast period, sales are poised to increase at a CAGR of 14.2%. The global industry is estimated to reach US$ 1,536 million by 2034. Increasing consumer demand for premium versions of mezcal is a key factor surging mezcal …
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Global Baby Food Market to Expand at 5.0% CAGR, Forecasted to Reach USD 137 Billion by 2034 | FMI
The global baby food market size is estimated to reach US$ 84 billion in 2024. Over the forecast period, baby food sales are poised to increase at a CAGR of 5.0%. The global industry is estimated to reach about US$ 137 billion by 2034. Parental tastes and more retail marketing are fueling the infant food market’s growing demand for nutrient-dense baby …
Global Food Waste Management Market Poised to Hit USD 121.8 Billion by 2033 with a 5.7% CAGR Growth
The food waste management sector is poised for significant growth, with an estimated market value of US$ 70.0 billion in 2023, projected to reach US$ 121.8 billion by 2033, marking a robust CAGR of 5.7% over the forecast period.As food waste continues to escalate, spurred by uneaten or leftover food, the demand for effective food waste management solutions is on the rise. Increased …
Sweetener Industry Set for Growth: Forecasted to Achieve USD 16.9 Billion by 2034
The global sweetener market is anticipated to reach a valuation of USD 10.8 billion by 2024, with a projected CAGR of 3.8%, likely expanding to USD 16.9 billion by 2034. Natural sweeteners, the second-largest product category, have a global market share of about 22%. During the projection period, this category is expected to increase market share. The …
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Organic Beef Market Expected to Grow at 6.8% CAGR, Reaching USD 22.89 Billion by 2033
In the symphony of sustainable and health-conscious eating, the organic beef market is poised to expand at a CAGR of 6.8% from 2023 to 2033. This crescendo of growth finds its roots in a harmonious interplay of factors propelling the demand for organic beef. Foremost among them is the escalating desire among consumers for protein-rich and wholesome …
Human Milk Oligosaccharide Market Projected to Achieve 6.5% CAGR Through 2034 Due to Rising Population and Enhanced Infant Nutrition
According to Future Market Insights (FMI), the global human milk oligosaccharide (HMO) market is estimated to reach US$ 100.8 million in 2024. Over the forecast period, human milk oligosaccharide sales are poised to increase at a CAGR of 6.5%. The global market is estimated to reach US$ 161.6 million by 2034. Escalating demand for infant formula products that emulate the nutritional composition of …
Food Certification Market to Experience 10.4% CAGR Growth by 2034 as Awareness of Food Safety and Ethical Production Rises | FMI
According to the latest analysis, the global food certification market value is expected to grow from USD 11,053.9 million in 2024 to USD 28,405.7 million by 2034. It will likely exhibit strong growth during the forecast period, with overall demand rising at a CAGR of 10.4%. Several factors are expected to drive the food certification industry forward during the assessment period. These include: …
Tapping into the Millennial Market: How Nutrient-Rich Extruded Snacks are Fueling a USD 150.4 Billion Industry by 2033
Extruded Snacks Market The extruded snacks market (압출 스낵 시장) is projected to be valued at USD 79.1 billion in 2023 and is estimated to grow at USD 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period. The growing demand for nutrient-rich snacks, changing consumers’ preferences, and craving …
Unlocking Flavorful Opportunities: Flavored Syrup Market’s Steady Growth to USD 81.2 Billion by 2034
Flavored Syrups Market The global market for flavored syrups market is estimated to be around US$ 57,230.9 million in 2024. In 2023, the market was valued at US$ 54,350.3 million. It is projected to exhibit a CAGR of 4.00% over the forecast period, with an estimated market size of US$ 81,200.0 million by 2034. Post-pandemic, there has been an excellent demand for artisanal and customized …
Invest in Rich Returns: Cocoa Market Expected to Surge at 4.7% CAGR, Reaching USD 24 Billion by 2033
Cocoa Market According to Future Market Insights (FMI), the global cocoa market is estimated to reach US$ 15,156.7 million in 2023 and further accelerate at 4.7% CAGR throughout the assessment period. By 2033, the market size is set to attain a valuation of US$ 23,981.1 million. Growing applications of cocoa across thriving confectionery industry is a key factor driving the global cocoa market …