Plant-based Cheese Market The plant-based cheese market is predicted to be valued at US$ 3,068 million in 2024. The market for plant-based cheese is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2024 and 2034 to reach a value of US$ 9,658 million. This expansion is due to consumers seeking cruelty-free, environmentally friendly, and sustainably produced substitutes …
Category Archives: F&B Analysis
Explosive Market Growth: Vegan Marshmallow Market Hits to USD 172.6 Million by 2033 | FMI
Vegan Marshmallows Market In 2023, demand for vegan marshmallows are expected to have a net market share worth of $74.6 Mn, but by 2033, it is predicted to rise to over US$ 172.6 Mn. The growing vegan population around the world is driving demand for vegan marshmallows to grow by 9.8% between 2023 and 2033. Concerns about …
Vitamin D Ingredients Market to Expand at 5.9% CAGR, Reaching USD 2.78 Billion by 2033
According to an industry report, vitamin D ingredients Market is expected to generate USD 1560 million by 2023. Estimates indicate the market is predicted to reach USD 2,780.3 million between 2023 and 2033, representing a CAGR of 5.9%. Increasing consumer demand for health and wellness is prompting cereal manufacturers to improve nutrition content. With pharmaceutical companies increasing …
Barley Market to Grow at 2.9% CAGR, Projected to Reach USD 32.9 Billion by 2033
According to a recent analysis by Future Market Insights, a provider of market research and competitive intelligence, barley sales are expected to increase by a lucrative CAGR of 2.9% over the next ten years. The market is estimated to reach a valuation of US$ 32,901.6 million by 2033 from US$ 24,645.7 million in 2023. A significant trend driving the barley industry is rising …
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Food Service Equipment Market Projected to Reach USD 82.1 Billion by 2034, Driven by 5.6% CAGR, FMI Analysis
The global Food Service Equipment Market Size is estimated to reach USD 45,449.7 million by 2024 and USD 82,099.3 million by 2034. The market is expected to surge at a CAGR of 5.6% by 2034. Food service equipment refers to the various tools, appliances, and machinery used in the preparation, cooking, storage, and serving of food in commercial and institutional settings, such as …
Gellan Gum Market Set to Achieve USD 85.1 Million by 2032, According to FMI Forecast
The Gellan Gum Market refers to the global industry involved in the production, distribution, and consumption of gellan gum—a polysaccharide produced by the bacterium Sphingomonas elodea. Gellan gum is widely used in the food, pharmaceutical, and personal care sectors due to its unique gelling, thickening, and stabilizing properties. During the projected period, Gellan Gum Market is expected to grow …
Global Acerola Extract Market Expected to Reach USD 40.57 Billion by 2033, Expanding at a 7.6% CAGR
The Acerola Extract Market refers to the global industry involved in the production, distribution, and consumption of acerola extract derived from the acerola cherry, also known as Barbados cherry or West Indian cherry. Acerola is a small fruit rich in vitamin C and other antioxidants, making it highly sought after for its health benefits. According to Future …
Egg Replacement Ingredients Market to Hit USD 2.5 Billion by 2034, Growing at 5.9% CAGR, Says FMI
Future Opportunities, Revenue Growth, Pricing And Profitability The global egg replacement ingredient market size is projected to increase from USD 1,399.2 million in 2024 to USD 2,478.2 million by 2034. Global sales of egg replacement ingredients are anticipated to expand with a CAGR of 5.9% over the assessment period. The growing vegan population and the rising animal-loving population are garnering market growth. People getting …
Global Maltodextrin Market Forecast to Reach USD 6.58 Billion by 2034, Driven by Demand for Sports Supplements and Energy Drinks
The global maltodextrin market is evaluated to be sized at USD 4,134.20 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a solid clip, registering a CAGR of 4.8%. By 2034, the maltodextrin market is anticipated to have reached a value of USD 6,583.00 million. Maltodextrin is gaining traction in the food & beverages …
Vegan Caviar Market to Surpass USD 484.1 Million by 2033 with 7% Annual Growth | FMI
The global vegan caviar market size is anticipated to surpass a valuation of USD 245.00 million in 2023. It is likely to attain a valuation of USD 484.1 million by 2033. The market is expected to prosper at a CAGR of 7% from 2023 to 2033. Vegan caviar’s flavor and quality have dramatically increased in …