The poultry feed market is expected to increase from US$ 216.5 billion in 2023 to US$ 365.6 billion by 2033. Increased Use of Online Food Delivery Channels is Contributing to the Growth of the Poultry Business Farmers feed poultry birds such as ducks, turkeys, chickens, geese, and other domestic birds with poultry feed. Modern feed is created …
Category Archives: F&B Analysis
Plant-Based Yogurt Market Poised for Explosive Growth: Health Trends to Push Value to USD 15.4 Billion by 2033 | FMI
The global plant-based yogurt market size is likely to jump from US$ 4,489.87 million in 2023 to US$ 15,398.39 million by 2033. This projected expansion is anticipated to result from a remarkable 13.1% CAGR in the demand for plant-based yogurt over the upcoming decade. The plant-based yogurt market, which was until a few years ago thought to …
CBD Oil Industry Forecasted to Grow at 31% CAGR through 2033 | FMI
As per the latest market research conducted by FMI, the global CBD oil market is expected to record a CAGR of 31% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 389 million. By 2033, the valuation is anticipated to reach US$ 5,980.6 million. The primary reasons propelling the market’s growth include rising …
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Coffee Ground Market Expected to Hit USD 1,772.80 Million Valuation by 2034 | FMI
The coffee grounds market is estimated to be worth US$ 639.9 million in 2024. Production of coffee grounds is tied up with the production of coffee and the demand for the product too is amplifying with the greater number of younger people indulging in the drink. The need to manage and recycle coffee waste is also raising …
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Energy Drinks Market Set for Strong Expansion, Projected to Reach USD 64.9 Billion by 2034
Energy drinks, erstwhile, only consumed and even marketed for the athletic community, have made their place in the shopping baskets of every household. The market, with a staggering revenue of USD 38,300 million, has reached its all-time peak in 2024. With the advent of plant-based and non-dairy energy drinks, the market is very likely to flourish …
Ready-to-Drink Beverage Market Poised for Major Expansion, Expected to Hit USD 430.30 Billion by 2034
The ready-to-drink beverage (RTDs) market value is expected to rise from US$ 206.25 billion in 2024 to US$ 430.30 billion by 2034. This market is analyzed to propel ahead at a CAGR of 7.60% over the next decade. Industry players are strategizing for growth by increasing their college campus presence via nutrition-promoting programs. In addition, players are …
Global Grapefruit Oil Market Projected to Reach USD 7.3 Billion by 2033 with a 5.4% CAGR
The grapefruit oil market is projected to be valued at USD 4.3 billion in 2023 and is expected to reach USD 7.3 billion by 2033. The market is anticipated to grow at a compound annual growth rate (CAGR) of 5.4% over the forecast period. The grapefruit oil market is projected to expand during the forecast …
Global Gelatin Substitutes Market to Reach USD 4.7 Billion by 2034, Growing at 12.1% CAGR | Future Market Insights Inc.
The global gelatin substitutes market is expected to be valued at USD 1.5 billion in 2024 and is forecasted to grow to USD 4.7 billion by 2034, achieving a CAGR of 12.1% over the forecast period. Recent years have seen a significant rise in the sales of gelatin substitutes, fueled by increasing demand for functional …
Accelerating Dextrose Monohydrate Market Growth: Innovations to Drive 4.0% CAGR by 2033 | FMI
The global dextrose monohydrate market is projected to reach a value of US$ 498 million by 2023 and is expected to evolve at a CAGR of 4.0% to reach US$ 708.7 million by 2033. Due to its health advantages, dextrose monohydrate demand is anticipated to soar during the forecast period. Its application in the food and beverage …
Rising Demand for Natural Flavors Drives Global Vanillin Market Growth
Vanillin sales are projected to reach USD 699.5 million in 2024 and are expected to grow to USD 1,362.5 million globally by 2034, at a CAGR of 6.9% during the period from 2024 to 2034. The market is growing due to increasing demand for vanillin in emerging regions, particularly in Latin America and Asia-Pacific. This …
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