The Soft Drinks Concentrates Market was valued at USD 35.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% over the forecast period, reaching USD 53.1 billion by 2032. According to recent data from Future Market Insights, global demand for soft drinks is projected to experience a …
Category Archives: F&B Analysis
Wine Subscription Market Poised for Major Expansion: USD 3.9 Billion Valuation Expected by 2033 with 20.7% Growth Rate
According to a recent report by Future Market Insights (FMI), the wine subscription market generated revenues of USD 596.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 20.7% from 2023 to 2033. By 2033, the market is expected to reach a USD 3.9 billion valuation. The personalized box subscription …
Clarified Butter Market Projected to Grow at 9.4% CAGR, Reaching USD 6.11 Billion by 2033
The clarified butter market is projected to grow at a compound annual growth rate (CAGR) of 9.4%, reaching a global market value of USD 6.11 billion by 2033, up from an estimated USD 2.49 billion in 2023. This growth is significantly influenced by globalization, which has broadened the acceptance of clarified butter worldwide. Modern consumers, …
Molasses Market Projected for Strong Growth with 7.0% CAGR Through 2033 | Future Market Insights Inc.
By 2033, the molasses market is projected to grow from USD 11,952.75 million to USD 23,512.86 million. This growth is expected to boost molasses’ market share and yield a compound annual growth rate (CAGR) of 7.0% from 2023 to 2033. Molasses, a thick syrup produced during the extraction of juice from sugarcane or sugar beets, …
Sugar Substitute Market Anticipates Rapid Expansion, Expected to Top USD 28.57 Billion by 2033
The sugar substitute market (Mercado de sustitutos del azúcar) is likely to hold a valuation of US$ 28.57 billion by 2033. As of 2023, the market value is US$ 17.13 billion. The demand for lower-calorie alternatives is witnessing growth, making the sugar substitute market grow by 5.2% from 2023 to 2033. As the world fights lifestyle-related …
Nut Butters Market Expected to Reach USD 2.76 Billion by 2033, Says Future Market Insights Inc.
The nut butters market (Mercado de mantequillas de frutos secos) is expected to develop at an impressive 8.7% CAGR from 2023 to 2033, outpacing the lower 3.3% CAGR witnessed between 2018 and 2022. Such a positive forecast suggests a robust and flourishing market, with the market value projected to surge from US$ 1.20 billion in 2023 …
Global Chinese Takeout Industry Set for USD 107.8 Billion Valuation by 2032: Trends and Opportunities Explored
The Chinese takeout market (Mercado chino de para llevar) is experiencing rapid growth, fueled by changing consumer lifestyles, increased internet usage, and rising demand for home delivery services. With a projected CAGR of 7.2% from 2022 to 2032, the market is expected to reach US$ 107.8 billion by 2032, up from US$ 62.7 billion in 2022. Factors …
Global Halal Food Industry Set to Reach USD 3.23 Trillion by 2033, Experiencing a 9.6% CAGR Growth
The halal food market (mercado de comida halal) 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. Halal cosmetics and personal care items can …
Global Spirits Market Expected to Expand at Nearly 4% CAGR, Surpassing USD 90,288.9 Million. by 2033
According to Future Market Insights (FMI), the global spirits market was valued at USD 59,408 million in 2023. The market is expected to grow at a CAGR of approximately 4% during the forecast period. By 2033, global spirits sales are projected to reach around USD 90,288.9 million. A major driver of growth in the spirits …
Explosive Growth in Gluten-Free Foods: Market to Expand at 7% CAGR and Reach USD 11,587 Million by 2034
The global gluten-free food market is projected to reach approximately USD 5,870 million in 2024. Sales of gluten-free products are expected to grow at a steady CAGR of 7% over the forecast period. By 2034, the market’s valuation is anticipated to approach USD 11,587 million. Increased consumer awareness and the rising incidence of celiac disease …