The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028. Globally, functional drinks are sought after for their high protein content and their demand is …
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Animal Feed Nutrition Market Key Segments, Regional Outlook, Top Companies, Forecast To 2032
The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, accelerating with a CAGR of 7.1% by 2022-2032. According to the report, expansion of livestock feed industry and rising per capita meat consumption will stoke growth. The report offers a comprehensive overview of the market, covering key growth …
Insect Protein Market Latest Trends, Demand, Growth, Opportunities & Outlook Till 2032
Newly released data on the global insect protein market by FMI Estimated that the insect protein market enjoyed year-on-year (YoY) growth of 8.2% in 2022 and is accounted for USD 349.2 Mn and is expected to witness a prominent CAGR of 9.2% to reach the value of USD 838.5 Mn in 2032. Revenue for the insect-based pet food segment grew by 18% during the period 2017-2021 while the …
Citrus Pectin Market Global Industry Overview by Size, Share, Future Scope, Development up to 2032
The global Citrus Pectin market is estimated at US$ 116.9 Bn in 2022 and is projected to reach US$ 183.9 Bn by 2032, at a CAGR of 4.6% from 2022 to 2032. Against the backdrop of expanding food and pharmaceutical industries, the demand for citrus pectin is rapidly increasing. The globally rising prevalence of diabetes, obesity and cardiac issues has increased consumers’ focus on …
Bio Vanillin Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032
According to Future Market Insights (FMI), The Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021 and expected to reach USD 255.2 million in 2032, at a CAGR 7.4%. Europe Bio vanillin will represent approximately 40% of the overall demand. Bio vanillin market is at its initial development stage, the producers claim their products to be natural and some products …
Meat Alternatives Market Scope, Segmentation, Development and Opportunities with Forecast 2031
The global meat alternatives market size totaled US$ 5,660.1 Mn in 2021. With sales growing year-over-year by 5.2%, the market valuation is set to reach US$ 6,378.9 Mn in 2031. Meat substitutes have been on the market for quite some time. However, it was only after the spread of veganism and flexitarianism that these products began to acquire traction. Previously, there were …
Pet Food Processing Market Latest Study Reveals New Growth Dynamics Forecasts to 2032
The global pet food processing market is expected to be worth USD 5.0 billion in 2022, rising to USD 8.4 billion by 2032, representing a CAGR of 5.3 percent for the forecast period of 2022–2032. The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend of pet …
Tissue Cultured Date Palm Market Expected to Expand More than Three-Fold through 2027
Majorly driven by application in food & beverages, cosmetics & personal care, and feed industries, global tissue cultured date palm market surpassed a value of US$ 4.5 Bn in 2019. The market is further projected for a robust growth outlook through 2027. Tissue cultured date palm plants are of superior and uniform quality and are from a …
Fish Powder Market Is Set to Experience Revolutionary Growth by 2032
Fish powder market size exceeded USD 8.7 Bn in 2022 and is estimated to grow at over 7.4% CAGR between 2022 and 2032. In the last few years consumers have become more selective about their food choices. Rising awareness among consumers has spurred the demand for prefer healthier, better quality and ecological food products. Fish is a widely available nutrient …
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Yeast Extract Market Trends, Business Overview, Industry Growth and Forecast to 2032
The sales of Yeast Extract is estimated to be valued at US$ 4,318.0 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 8,707.7 Mn by 2032, rising at a CAGR of 7.3% for 2022-32. Yeast extract is in high demand, accounting for more than 70% of overall consumption. By …