Starter Feed Market The global starter feed market is predicted to record a CAGR of 5% over the forecast period, according to a recent market research analysis from FMI. The analysis estimates that the market for starting feed is likely to be worth US$ 33.34 billion in 2023 and US$ 54.31 billion by 2033. The expansion of the global starter feed …
Category Archives: F&B Analysis
Industrial Margarine Market Set to Surpass USD 4.42 Billion by 2033 Amid Rising Lactose Intolerance and Nutritional Demand
Industrial Margarine Market The global industrial margarine market is expected to record a CAGR of 5.1% between 2023 and 2033. In 2023, the market valuation is expected to be at US$ 2.69 billion. By 2033, the figures are expected to surge beyond US$ 4.42 billion. The world has been witnessing an increase in lactose intolerance cases. The …
Hydrolyzed Animal Protein Market to Reach USD 838.43 Million by 2033, Growing at a 6.1% CAGR | FMI
The global hydrolyzed animal protein market size is poised for significant growth, projected to reach a valuation of US$ 838.43 million by 2033, from an estimated US$ 463.78 million in 2023. This promising expansion reflects a compound annual growth rate (CAGR) of 6.1% over the forecast period. Growth Factors Fueling the Market Hydrolyzed animal protein, produced through …
Taurine Market Expected to Expand at 7.2% CAGR Between 2023 and 2033
The taurine market is anticipated to be worth USD 415.0 million in 2023 and US$ 815.4 million by 2033. During the projection period, taurine sales are anticipated to experience a strong CAGR of 7.2%. Taurine, known as the wonder molecule, is increasingly being used in products such as energy drinks, dietary supplements, and others. It has …
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Global Egg-Free Mayonnaise Market Expected to Top USD 7.9 Billion by 2033, FMI Analysis Reveals
The egg-free mayonnaise market size is projected to be valued at USD 4,315.4 million in 2023 and is expected to rise to USD 7,988.2 million by 2033. The sales of egg-free mayonnaise are expected to grow at a significant CAGR of 6.4% during the forecast period. Millennials in particular are becoming more accepting of veganism, which …
Global Products from Food Waste Market Set for 5% Annual Growth, Aiming for USD 85.9 Billion by 2033
The products from the food waste market are revolutionizing the way we think about waste and sustainability. As the world grapples with the pressing issue of food waste, innovative companies are finding creative ways to transform discarded food into valuable products. These products not only reduce waste but also contribute to a more circular economy. In 2023, …
Avocado Oil Market Expected to Grow at 5.9% CAGR by 2033, Reports FMI
The avocado oil market had a value of USD 287.2 million in 2022, and by 2033, it was projected to have grown to USD 975 million, with a CAGR of 5.9%. Since avocado oil’s nutrient composition boasts a higher content of healthy fatty acids, the health-conscious population, especially those who are struggling with weight issues, becomes …
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Global Hydrotreated Vegetable Oil (HVO) Market to Reach USD 70 Billion by 2034, Growing at 12.7% CAGR
The hydrotreated vegetable oil (HVO) market is projected to grow from USD 21.2 billion in 2024 to USD 70.0 billion by 2034, advancing at a compound annual growth rate (CAGR) of 12.7% over the next decade. Demand for HVO, often referred to as ‘green biodiesel,’ is reaching new heights due to its eco-friendly properties. Its …
Global Natural Food Colors Market to Reach USD 3.3 Billion by 2033, Growing at 7.2% CAGR
The natural food colors market refers to the industry that produces and supplies naturally derived colorants for use in food and beverages. These colors enhance the appearance and visual appeal of various food and drink products, sourced from plants, animals, and minerals. According to Future Market Insights (FMI), the market for natural food colors is …
Plant-Based Beverage Market to Grow at 5.92% CAGR, Catering to Lactose Intolerant and Vegan Consumers
The need for plant based beverage is predicted to rise at a moderate CAGR of 5.92% through 2034. The industry is projected to surpass US$ 665.8 billion by 2034. The surge in the trend of veganism is helping to promote the demand for plant based beverages across the globe. The expansion and the rise in lactose intolerance rates leads the global …