Estimates project a substantial rise in worldwide phytochemical sales, reaching US$ 7,436 million in 2023. A comprehensive industry analysis foresees the global phytochemical market surging at a robust CAGR of 7.1%, poised to attain US$ 14,821 million by 2033. Diverse applications of phytochemicals are anticipated to fuel growth across various end-use sectors such as food …
Category Archives: F&B Analysis
Cultured Meat Market Surges to US$ 2.3 Billion in 2023 Projected to Reach US$ 8.2 Billion by 2033 with 13.5% CAGR | FMI
The cultured meat market has reached a notable peak in 2023, rising from US$ 2.1 billion in 2022 to US$ 2.3 billion. Forecasts for 2033 are very positive, with revenues expected to reach US$ 8.2 billion, fueled by a 13.5% compound annual growth rate from 2023 to 2033. The public’s growing awareness of environmental sustainability and the …
A Pinch of Growth: Unveiling the Projected Trajectory of the Global Glass Spice Jars Market to US$ 8.4 Billion by 2033
The global glass spice jars market is on a trajectory to reach remarkable valuations, projected to amass a worth of US$ 5.2 billion by 2023 and poised to achieve a valuation of US$ 8.4 billion by 2033, showcasing a compelling Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period of 2023 to 2033. This anticipated …
Dairy Delights: Analyzing the Projections and Trends Driving the Yogurt Packaging Market to US$ 39.22 Billion by 2033
The global yogurt packaging market is poised to grow significantly, with an anticipated market value of US$ 24.58 billion in 2023, projected to reach US$ 39.22 billion by 2033, exhibiting a robust Compound Annual Growth Rate (CAGR) of 4.7%. Notably, the market witnessed a CAGR of 3.5% during the historical period of 2018 to 2022. This growth …
Slicing into the Future A Comprehensive Analysis of the Industrial Food Slicers Market Trends, Challenges, and Key Players
Industrial Food Slicers The Industrial Food Slicers market is expected to reach a value of USD 780 million in 2032, rising at a compound annual growth rate (CAGR) of roughly 8% between 2022 and 2032, according to a recent FMI analysis. The market for slicers is predicted to reach USD 780 million by 2032, driven …
Indulging in Compassion The Rising Wave of Vegan Chocolate Market Trends, Innovations, and Ethical Delights
The vegan chocolate market as of 2023, is $1,233.9 million USD. The market is expected to develop at a compound annual growth rate (CAGR) of 11.9% from 2023 to 2033. The market is anticipated to reach US$ 3,814.2 million by the end of 2033. Vegan chocolate is being produced at a higher rate due to the …
Global Liquid Sugar Market Set to Double by 2032 Navigating Trends, Innovations, and Health-Conscious Consumer Preferences
The global liquid sugar market is projected to increase at a compound annual growth rate (CAGR) of 7.1%, with a valuation of about USD 130.3 million by 2032 compared to its 2022 valuation of US$ 65.9 million. A meal cannot have flavour or be enjoyable without sugar. However, if consumed, it could lead to obesity, diabetes, weight …
Halal Food Market Projections Up to US$ 3.2 Trillion by 2033 Navigating Growth, Trends, and Innovations in the Global Halal Food Industry
The halal food market size is anticipated to surpass US$ 1,291,429.8 million in 2023 and is likely to attain a valuation of US$ 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033. It is anticipated that by 2033, the halal food market would have …
A Deep Dive into the US$ 598 Million Global Symbiotic Products Market, Unveiling Gut Health’s New Frontier | FMI
The cultured meat market has increased from US$ 2.1 billion in 2022 to US$ 2.3 billion in 2023, marking a significant high. Revenues of US$ 8.2 billion are anticipated in 2033, according to highly optimistic forecasts. This rise is driven by a 13.5% compound annual growth rate from 2023 to 2033. The public’s growing awareness of …
Allergen Free Food Market to Reach US$ 102,699 million by 2034| Future Market Insights Inc.
The allergen free food market size is likely to be worth US$ 50,365.7 million in 2024. The market is projected to reach a valuation of US$ 102,699 million by 2034. The sales of allergen free food are anticipated to expand at a CAGR of 7.4% through 2034. The demand is primarily driven by the increasing …