New Product Development
Plant based pork products sales are forecast to grow multifold over the period of 2020-2030, as predicted by Future Market Insights (FMI). The rising awareness regarding health and animal welfare has paved the way for expansion of the plant based pork and meat products market. An increasing number of consumers around the world are consciously choosing …
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The astaxanthin market is poised to scale impressive heights, registering a robust 13.8% value CAGR through 2030. Widespread usage across a range of industries is the primary growth driver for the market. Astaxanthins are a group of carotenoids which contain high antioxidant properties. Therefore, they have proven beneficial in containing and preventing various ailments ranging from cardiac …
Future Market Insights (FMI) pegs citrus gummies market to grow 5.9% CAGR in terms of volume, with revenues set to surpass 341Mn by 2027. The report attributes the growth of the market to a cohort of factors, notably a spike in immunity-boosting supplements in the COVID-era. Owing to its strong nutritional profile, citrus gummies have emerged as …
Newly released data on Plant-Based Beef Market analysis shows that according to Future Market Insights the plant-based beef market is estimated to be valued at USD 2.08 billion in 2022 and is projected to reach USD 16.1 billion by 2032, recording a CAGR of 22.7%, in terms of value. The global food and beverage recent industry changes …
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global bulk food ingredients market reached US$ 771.6 Bn in 2021. Increasing demand for instant foods and ready meals is anticipated to propel sales, enabling expansion at a healthy 5.20% CAGR. According to the study, bulk food ingredients market bore ominous losses in 2020 due …
The citrus pulp market continues to reflect an upward trajectory, despite slowdown induced by COVID-19 pandemic. Opportunities arising from demand for health and convenience foods, and stockpiling behavior of consumers for essentials will provide opportunities for market players to leverage in the short term. According to Future Market Insight (FMI), the citrus pulp industry is projected to …
The global citrus water market is projected to reflect strong growth in 2020 in spite of the widespread coronavirus outbreak. While lockdown restrictions have limited demand from the food service sector, lucrative opportunities have arisen for the short-term owing to the demand for functional beverages during the crisis period. As per Future Market Insights (FMI) analysts, demand …
The global plant based chicken market is poised to reach US$ 8 Bn by 2030-end, registering double-digit growth from 2020-2030, according to ESOMAR-certified Future Market Insights’ (FMI) latest report on the subject. Growing concern for animal welfare is bringing about a paradigm shift in consumer eating habits. Initiation of mass level awareness campaigns combined with tough legislations …
Future Market Insights (FMI) has anticipated the global pulses market to surpass a revenue threshold of US$ 100 Bn by the end of the 2020-2030 forecast period, in its recently published report. FMI opines the market is slated to scale new heights amid heightening demand for fiber-rich and nutrient infused foodstuffs. Recent years have seen an upsurge in the …
Ready-to-use Therapeutic food market will grow at a steady CAGR through 2030, according to a new research by ESOMAR-certified firm Future Market Insights (FMI). The study opines that impact of COVID-19 on ready-to-use therapeutic food market will be moderate, and industry players can expect to see sustained growth throughout the forecast period. Malnutrition is a serious …