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As per a recent market analysis by Future Market Insights (FMI), the global cheese market is forecast to total US$ 92 Bn in 2022. With sales growing at a 3.4% CAGR, the market valuation will reach US$ 128.5 Bn in 2032. Increasing preference for healthier snack options is encouraging product developments in the market. Consumers are more concerned about portion control than …
Continue reading “Cheese Market Set for Rapid Expansion during Forecast Period 2022-2032”
The global fish sauce market is set to witness growth at a CAGR of 5.8% and is anticipated to reach a valuation of around US$ 30.5 Bn by 2032. Global fish production reached 179 million metric tons in 2018, according to the United Nations, with 23 million metric tons going to human consumption. This is due to several factors, the most …
Continue reading “Fish Sauce Market 2022 Growth, COVID Impact, Trends Analysis Report 2032”
The global fungal protein market size is expected to reach US$ 3.8 Bn in 2022, with sales growing at a robust 8.7% CAGR over the forecast period 2022 and 2032. The fungal protein market is gaining traction due to the rising awareness of the benefits of the product on human health. Ankaflavins, melanins, flavins, anthraquinone, naphthoquinone, and quinones, which are pigments found …
The botanical supplements market is valued at US$ 55.6 Bn in 2022 and is projected to grow at a CAGR of 7.7% during the forecast period, to reach a value of US$ 116.7 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global botanical supplements demand is projected to grow year-on-year (Y-o-Y) growth of 7.3% in 2022. The team of …
The global refrigerated snacks market is expected to reach a market valuation of US$ 84.5 Bn by the year 2022, accelerating with a CAGR of 4.2% by 2022-2032. Refrigerated snacks sales are likely to account for ~20% of the overall snacks market, which is anticipated to be valued at US$ 427.2 Bn by 2022 end. Low-calorie food products such as refrigerated snacks are in high demand around …
The global frozen potato market size was valued at US$ 58.5 Bn in 2022 and it is expected to grow at a CAGR of 5.8% from 2022 to 2032. Frozen potato sales are likely to account for ~6.0% of the demand in the global frozen potato market, valued at US$ 58.5 Bn in 2022. As global potato output is increasing, food manufacturers are getting more opportunities …
The global packaged bread market is set to witness growth at a CAGR of 4.6% and top a valuation of US$ 66.5 Bn by 2032. Bread packaging has not been quite same as before as consumers are looking for more shelf stable products without harsh packaging. When visitors of Green Week in Berlin were asked regarding this, almost 2/3rd of them responded …
The global butter market is set to witness growth at a CAGR of 4.9% over the forecast period (2022-2032), topping a valuation of US$ 28.7 Bn by 2032. Butter has a wider applicability in food industry and is used in making sauces or for frying and to the different packaged food items or snacks such as wafers and cookies. Consumers are …
According to a recent survey by Future Market Insights (FMI), the global non-alcoholic beers market is expected to surpass a valuation of US$ 43.6 Bn by 2032, expanding at a 7.8% CAGR. Increasing awareness regarding health concerns connected with alcohol consumption is spurring demand for non-alcoholic beverages. Driven by this, non-alcoholic beer is gaining immense popularity over traditional alcoholic drinks. …
The global vegan flour market is expected to reach a valuation of US$ 1.1 Bn in 2022, with sales growing at a CAGR of 6.5% over the forecast period. Against this backdrop, the market valuation is set to top US$ 2.08 Bn by 2032. Increasing preference for plant-based ingredients in food products is expected to drive sales in the market. Some vegan flours …