Future Market Insights’ updated study on the coffee cherry market projects demand to incline at a robust 8.4% CAGR from 2024 to 2034. A market valuation of US$ 1,452.4 million is estimated by the end of the aforementioned period of assessment. As of 2024, coffee cherry sales are appraised at US$ 645.4 million. The scope for coffee …
Category Archives: F&B Analysis
Advancements in Science Propel the Global Older Adults Health Supplements Industry Towards a Valuation of USD 314.2 Billion by 2034
According to Future Market Insights (FMI), the worldwide Older Adults Health Supplements market is valued at USD 182.6 billion in 2024 and it is anticipated to reach USD 314.2 billion by 2034. Over the next decade, global Older Adults Health Supplements demand is likely to increase at a CAGR of 5.6%. The frequency of chronic diseases among older adults, including arthritis, osteoporosis, …
Algal Protein Market on Track to Achieve USD 1.77 Billion by 2033, Driven by a Robust 9% CAGR: FMI Analysis
In 2022, the algal protein market (Markt für Algenproteine) was expected to be worth over US$703.891 million. It is predicted that a shift in consumer preferences away from animal-based proteins and toward plant-based alternatives would increase the market for algal protein. By 2033, it’s expected to have generated US$ 1,772.7 million, at a 9% CAGR from …
Processed Fruit and Vegetable Industry Set to Achieve USD 107.5 Billion Valuation Worldwide by 2034
Preserving food and vegetables using natural preservatives and additives, to extend their shelf lives, is a practice embraced by our ancestors since the beginning of time. Modern processing units, too, work on the same lines, with few adaptions here and there. The processed fruit and vegetable market (Markt für verarbeitetes Obst und Gemüse), currently valued at …
Almond Oil Market Expected to Reach USD 3.9 Billion by 2033 with Increased Focus on Eco-Friendly Ingredients: FMI
The global almond oil market is to be worth US$ 1.356 billion in 2023 and is expected to grow to US$ 3.9 billion by 2033. From 2023 to 2033, the global almond oil industry is expected to record a CAGR of 11.0%. Changes in lifestyles and rising disposable incomes are additional factors driving the growth of the …
Rising Demand for Quercetin: Market Expected to Grow to USD 3,968 Million by 2032 at a 12.4% CAGR
According to Future Market Insights, the global sales of quercetin are estimated to reach a valuation of USD 3,968 Million by 2032, exhibiting a 12.4% CAGR throughout the projection period. The total quercetin market is currently valued at USD 1,296 Million. Rising adoption of quercetin across diverse industries including dietary supplement, pharmaceutical, and food & beverage due …
Port Wine Market to Surge, Projected to Hit USD 2.01 Billion by 2032 with an 8.1% CAGR
The wine industry has experienced an overall decline, even though the premium wine segment has grown substantially, signaling potential growth in the port wine market. Increased awareness of the nutritional benefits of port wines and the presence of the antioxidant resveratrol in these beverages are expected to boost demand for port wines. The global port wine …
Expanding Plant-Based Eggs Sector: Forecasted Market Value of USD 684.3 Million by 2033, Driven by 18.7% CAGR
The global plant-based eggs market is projected to reach USD 122.8 million in 2023 and grow to USD 684.3 million by 2033. Demand for plant-based eggs is anticipated to increase at a robust 18.7% CAGR, with the United Kingdom, the USA, China, and India emerging as key producers in this sector. Companies are ramping up …
Rising Trends in Vegan Asian Food: Market to Achieve USD 30,806.3 Million by 2033 at 6% CAGR
The vegan Asian food market is projected to be valued at USD 18,196.8 million in 2023 and is expected to grow to USD 30,806.3 million by 2033. Demand for vegan Asian food is anticipated to increase steadily, with a compound annual growth rate (CAGR) of 6%. As incomes in Asia rise, consumers have more disposable …
Global Pet Food Market to Surge with 6.4% CAGR, Projected to Reach USD 2,20,477.1 Million by 2033
The global pet food market is projected to reach USD 117,691.2 million in 2023. From 2023 to 2033, the market is expected to grow at a robust CAGR of 6.4%, with the total market value anticipated to exceed USD 220,477.1 million by 2033. The growing demand for frozen and freeze-dried pet food is driven by …