From 2023 to 2033, the insect protein market is projected to accelerate at a CAGR of 17.7% from its 2023 value of US$ 602.3 million. By 2033, there is going to be US$ 3.1 billion global market. Over the projected period, the demand for insect protein is anticipated to increase due to rising consumer awareness of the …
Author Archives: Editor AM
Global Citrus Pectin Market Projected to Hit USD 191.7 Billion by 2033: FMI Report
The global citrus pectin market is anticipated to reach a valuation of US$ 122,277.4 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 US$ 191,678.9 …
Meat Alternatives Market to Hit USD 299 Billion by 2034, Driven by Plant-Based Proteins
The meat alternative market is expected to rise from US$ 18.8 billion in 2024 to US$ 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 to meat. Sales of meat mimicry …
Nucleotide Market Insights: Share Analysis and Future Predictions 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 …
Continue reading “Nucleotide Market Insights: Share Analysis and Future Predictions to 2031”
Pectin Market Anticipating a Robust 6.3% CAGR Driven by Rising Demand in Packaged Foods and Bakery Sectors
Pectin Market The pectin market is expected to expand from US$ 1,059.2 million in 2024 to US$ 1,945.8 million by 2034. The market is projected to surge at 6.3% CAGR from 2024 to 2034. The changing bakery norms and higher usage of naturally derived dough settings agents are fueling the demand for pectin. Furthermore, the expanding packaged food industry consumes most of …
Integrated Food Ingredients Market to Surge to USD 112.85 Billion by 2033: Anticipating a 5.2% CAGR Growth | FMI
Integrated Food Ingredients Market The integrated food ingredients market size accumulated a value worth USD 69,510.0 million in 2023. It is anticipated to reach a market value of USD 112,848.7 million by 2033, growing at a CAGR of 5.2% through 2033. The market for integrated food ingredients is being pushed forward by factors such as Growing popularity of food encapsulation technology Improvements in …
L-Carnitine Supplements Market to Reach USD 386 Million by 2033: Driven by 6% CAGR, Rising Health Awareness, and Increasing Chronic Illnesses
L-Carnitine Supplements Market According to a recent report by Future Market Insights, market research and competitive intelligence provider, in terms of revenue, The global L-carnitine supplements market is poised for substantial growth, projected to reach a valuation of USD 386 million by the end of 2033. This robust expansion reflects a compound annual growth rate (CAGR) of 6% over the …
Food Amino Acids Market to Surge to USD 19.6 Billion by 2033: Driven by 9.3% CAGR, Rising Health Consciousness, and Dietary Supplement Expenditure
Food Amino Acids Market The global food amino acids market is projected to have a moderate-paced CAGR of 9.3% during the forecast period. The current valuation of the food amino acids market is expected to worth US$ 8.1 billion in 2023. The value of the food amino acids market is anticipated to reach a high of US$ 19.6 billion, by the year …
Extruded Snacks Market Projected Growth USD 150.4 Billion Driven by 6.6% CAGR and Rising Demand for Nutrient-Rich, Convenient Snacks
Extruded Snacks Market The extruded snacks market is projected to be valued at US$ 79.1 billion in 2023 and is estimated to grow at US$ 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 spicy food …
Plant-Based Protein Market to Surge to USD 42.55 Billion by 2034, Driven by 8.6% CAGR and Rising Global Demand for Sustainable Nutrition
Plant-Based Protein Market The plant-based protein market is poised for significant growth, with its size expected to increase from US$ 18.64 billion in 2024 to US$ 42.55 billion by 2034. During this period, a promising 8.6% CAGR in the demand for plant-based protein is projected to drive this expansion. Vegetarian cuisine is becoming increasingly popular all around the world. This idea has spread …