The paprika color market is predicted to be worth US$ 86 million in 2023 and rise to US$ 251.2 million by 2033. Demand for paprika color is expected to expand at an 11% CAGR by 2033. The demand for paprika color, a common seasoning in vegan and vegetarian cuisine, is being driven by the growing number of …
Category Archives: F&B Analysis
Phytochemical Market Targets US$ 14,821 million by 2033| Exclusive Report by Future Market Insights, Inc.
According to estimates, phytochemical sales worldwide are estimated to reach US$ 7,436 million in 2023. In a detailed industry analysis, the global phytochemical market is projected to register a CAGR of 7.1% and reach US$ 14,821 million by 2033. Phytochemical applications are expected to continue to grow in a variety of end-use sectors, including food and beverages, nutraceuticals, and pharmaceuticals. While the …
Spirulina Extracts Market Poised for USD 234.8 Million by 2034| Exclusive Report by Future Market Insights, Inc.
Spirulina Extracts Market The global Spirulina Extract market is estimated at USD 58.9 million in 2024, set to burgeon at a remarkable CAGR of 14.8% from 2024 to 2034. Spirulina Extracts, rich in peptides and phytonutrients, have transcended traditional dietary boundaries, emerging as a versatile ingredient in skincare products. The market is poised to reach a valuation …
Projections Show Pea Protein Ingredients Market at US$ 3.4 Billion by 2033| Exclusive Report by Future Market Insights, Inc.
The pea protein ingredients market is estimated to be valued at US$ 1.6 Billion in 2023 and is rising to US$ 3.4 Billion by 2033. The sales of pea protein ingredients grow at a CAGR of 7.9% during the forecast period. The growing demand for natural and organic plant-based food is increasing the demand for pea protein …
Insect-based Pet Food Market Anticipates US$ 3,448.5 million by 2033| Exclusive Report by Future Market Insights, Inc.
The insect-based pet food market is forecasted to garner revenue of US$ 3,448.5 million in 2033, up from US$ 1,341.0 million in 2023, advancing at a rate of 10% from 2023 to 2033. The pet food industry is undergoing a significant transformation as more pet owners seek innovative and sustainable alternatives to traditional pet food products. One …
Vegetable Carbon Market Projections Hit US$ 8 Million by 2033| Exclusive Report by Future Market Insights, Inc.
The vegetable carbon market is predicted to expand at 10% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 8 million in 2023. The charcoal-infused food trend that started back in the historical analysis period, has now taken over restaurant owners, foodies, and Instagram users, by storm. Vegetable carbon …
FMI Predicts Robust Growth in Phospholipid Market, Fueled by Customized Formulations – Industry Analysis
The phospholipid market is expected to increase by 13.5% annually by 2033 to reach US$ 4.64 billion. Customized formulations are revolutionizing the medical field by using genetic profiles to build phospholipid solutions suited to each industry. By 2023 and 2033, respectively, the phospholipid market is expected to be valued US$ 1.55 billion and US$ 4.64 billion. …
Allulose Industry: Projections Point to Sturdy Growth, Targeting US$ 543.2 million by 2033|FMI
In 2022, the allulose industry is anticipated to be worth US$ 221.3 Mn. Between 2023 and 2033, the industry is expected to increase at an 8.7% CAGR, from 236.9 million US$ in 2023 to 543.2 million US in 2033. In 2017, the allulose industry was valued at US$ 306.3 million, with total Allulose revenue expected to grow …
Rising Demand for Algae-based Products Drives Global Algae Fats Market, Projected to Reach US$ 484.5 Million by 2033 – FMI Analysis
The market for algae fats is expected to rise at a compound annual growth rate (CAGR) of 5% from 2023 to 2033, reaching US$ 484.5 million. The market for algae fats is expanding due to the rising demand for products made from algae across multiple industries, including food, animal feed, and biofuel. The rising demand for …
Global Plant-Based Fish Market Expected to Reach US$ 1,271.2 Million by 2033, Driven by Growing Interest in Organic Foods – FMI Study
The Global Plant-based Fish Market is expected to increase from US$ 804.6 million in 2023 to US$ 1,271.2 million in 2033. As health concerns about excessive meat consumption grow, consumers are turning to a variety of meat substitutes. This venture is primarily benefiting sales of plant-based fish products. Growing Interest in Organic Foods Consumers place a high …