The insoluble dietary fiber market is expected to be valued at USD 2,889 million in 2024. The market’s progress is projected to be invigorating from 2024 to 2034, recording a CAGR of 9.1%. By 2034, the market value is forecasted to surpass USD 6,872.7 million. The increasing demand for insoluble dietary fiber is driven by various …
Category Archives: F&B Analysis
Banana Puree Market to Climb to USD 919 Million by 2033 with a 9.2% CAGR
The banana puree market is poised for robust growth and a significant rise, with an anticipated higher CAGR of 9.2% from 2023 to 2033. This is notably higher than the CAGR of 5.3% observed between 2018 and 2022. As a result, the market value is projected to reach an impressive US$ 919 million by 2033, compared to …
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Plant-Based Pet Food Market A Sustainable and Growing Trend in Pet Nutrition
The global Plant-Based Pet Food market is expected to reach a valuation of USD 26.9 billion by the year 2024, accelerating with a CAGR of 7.8% by 2024 to 2034. The industry is expanding significantly due to different factors. This growth is supported by the vegan movement, anthropomorphism of pets, and increasing number of vegan …
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Food and Beverage Air Filtration Market Ensuring Safety and Quality in Production Processes
According to FMI’s latest research, the food and beverage air filtration industry is anticipated to grow at an 8% CAGR throughout the forecast period. The market is expected to reach USD 1,436 million in 2023 and is projected to attain USD 3,057.6 million by 2033. The food and beverage industry is observing high cases of food-borne infections, mainly due to unhealthy conditions in …
Insect-Based Pet Food Market Sustainable Protein Sources Revolutionizing Pet Nutrition
Insect-Based Pet Food Market 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 …
Spreads Market Trends Shaping the Future of Convenience and Flavor
Spreads Market The global spreads market is worth US$ 29.9 Billion as of now and expected to reach US$ 53.2 Billion by the year 2033 at a CAGR of 5.9% between 2023 and 2033. With growing demand for condiments and sauces made from natural ingredients coupled with spike in production of preserves, gourmet jams, and artisan bakery …
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Curcumin Market Growth Health Benefits Boosting Global Demand in Food and Supplements
Curcumin Market The global curcumin market is set to experience unprecedented growth over the next decade, with projections indicating a surge from $127.0 million in 2023 to an impressive $369.2 million by 2033. This remarkable expansion, at a compound annual growth rate (CAGR) of 11.3%, is largely attributed to the increasing preference for natural antioxidants and the expanding …
Food Grade Phosphate Market Set to Surpass USD 6.6 Billion by 2034: FMI Analysis
The global food grade phosphate market was worth around USD 2,125.3 million in 2019 and has reached up to USD 3,104.8 million in 2024. The entire market is witnessing opportunities to develop at a promising CAGR of 8% over the next ten years. By 2034, the total industry valuation is set to reach up to US$ 6,685.7 …
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Baobab Powder Market to Grow at a 6.2% CAGR by 2027, Says Future Market Insights
Baobab Powder The global Baobab Powder Market is anticipated to witness robust growth during the assessment period. Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware of the benefits of baobab powder, which in turn is surging the demand for baobab powder-based products such …
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Food Waste Management Market to Exceed USD 121.8 Billion by 2033, Growing at a 5.7% CAGR
The food waste management sector is poised for significant growth, with an estimated market value of USD 70.0 billion in 2023, projected to reach USD 121.8 billion by 2033, marking a robust CAGR of 5.7% over the forecast period. As food waste continues to escalate, spurred by uneaten or leftover food, the demand for effective food waste management solutions is on the rise. …