New Product Development
The fish meal alternative market is projected to grow at a CAGR of 7.10% between 2023 and 2033. It is expected to be valued at approximately USD 1,924.2 million in 2023 and reach around USD 3,674.0 million by 2033. Consumers are increasingly embracing healthy and vegan diets due to their numerous health and environmental benefits. …
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In 2023, the global functional dairy products market is projected to be valued at USD 44 billion. From 2023 to 2033, the market is expected to grow at a CAGR of 4.5%, reaching an estimated USD 67.1 billion by 2033. This growth can be attributed to several key factors. As individuals become more health-conscious, there …
In 2023, the global functional dairy products market is projected to be valued at USD 44 billion. From 2023 to 2033, the market is expected to grow at a CAGR of 4.5%, reaching an estimated USD 67.1 billion by 2033. This growth can be attributed to several key factors. As individuals become more health-conscious, there …
In 2023, the USD 5893 million for the food authenticity testing service market is estimated to reach a revised size of USD 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period. Consumers have become increasingly skeptical about the authenticity of food products designed to meet …
The global chickpea protein market is predicted to register a CAGR of 5.1% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from USD 100.9 million in 2023 to USD 165.1 million by 2033 end. Chickpea protein consumption is anticipated to increase due to increasing demand from the food industry. …
The global pea starch concentrate market is expected to be valued at USD 1247.5 million in 2023 and reach a valuation of USD 1987.4 million by 2033. The demand for pea starch concentrate is estimated to grow at a steady 4.8% CAGR. Pea starch concentrate is a rapidly emerging market segment within the global food and …
The casein market has witnessed significant growth in recent years, driven by the increasing demand for dairy products, especially in the food and beverage industry. Casein, a protein found in milk, has found versatile applications in various sectors, including food and beverage, pharmaceuticals, cosmetics, and industrial applications. In 2023, the global casein market was worth USD 2.7 …
The global lentil protein market is estimated to have a CAGR of 5.1% during 2023-2033, with a market size of USD 208.3 million by 2033. The market in 2023 is likely to be around USD 129.4 million. Lentils are a part of the legume family, and lentil protein is derived from lentils. Lentil protein is a …
The superfood powders market is forecasted to garner revenue of USD 13.66 billion in 2033, up from USD 6.84 billion in 2023, advancing at a rate of 7% from 2023 to 2033. The superfood powders industry has emerged as a dynamic segment within the health and wellness market. With increasing consumer awareness of nutrition and wellness, superfood powders—made …
The Bubble Tea Market is expected to increase at a 9% CAGR from 2023 to 2033, above the 9.1% CAGR witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from USD 2.72 billion in 2023 to USD 6.17 billion by 2033. Bubble tea, also known as boba tea, …
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