The fishmeal & fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%. As a result of increased by-product utilisation and a growing aquaculture industry, production of fishmeal and fish …
Category Archives: F&B Analysis
Pet Food Processing Market Anticipated to Surpass US$ 9,112.7 Million Mark by 2034
The Pet Food Processing Market is expected to be valued at US$ 6,684.4 million in 2024. In contrast, the 2023 value was marked at US$ 6,348.0 million. The market is expected to progress at a modest rate over the forecast period, with a CAGR of 4.0%. By 2034, the value of the market is forecasted to have inflated to US$ 9,112.7 million. The need …
Extruded Snacks Market Phenomenal Growth Trajectory Towards US$ 150.4 Billion by 2033
The extruded snacks market is projected to be valued at US$ 79.1 billion in 2023 and is estimated to grow at US$ 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period. The growing demand for nutrient-rich snacks, changing consumers’ preferences, and craving spicy food are the …
Grape Seed Extract in Pet Food Application Market: Forecast Indicates Surging Growth to Reach US$ 73.7 Million by 2033
The grape seed extract in pet food application market is securing a valuation of US$ 43 million in 2023 and is rising to US$ 73.7 million by 2033. The market is registering a CAGR of 6% during the forecast period. Grape seed extract is a nutritional supplement derived from grape seeds. It may help prevent cells from free radical damage due to …
Cheese Powder Market Heading Towards US$ 2,271.9 Million Milestone by 2033
With a CAGR of 14.2% from 2023 to 2033, the cheese powder market is predicted to expand significantly, outpacing the CAGR of 17.5% that was seen between 2018 and 2022. The market value of cheese powder is likely to expand significantly from US$ 684 million in 2023 to US$ 2,271.9 million by 2033 as a result of …
Continue reading “Cheese Powder Market Heading Towards US$ 2,271.9 Million Milestone by 2033”
Frozen Bakery Market Eyes Exponential Rise, Estimated to Top US$ 85.97 Billion by 2033
The frozen bakery market is anticipated to expand its roots at a steady CAGR of 6.5% between 2023 and 2033. The market is anticipated to cross a market share of US$ 85.97 billion by 2033 while it is likely to be valued at US$ 45.8 billion in 2023. The restoration of the bakery industry along with the …
Air Fryer Market Growth Predictions: Eyeing a US$ 1,883 Million Mark by 2034
The air fryer market is poised for significant growth, with the global market size projected to reach US$ 982 million in 2024. The demand for air fryers is expected to witness a CAGR of 6.7% from 2024 to 2034. By 2034, the air fryer sales are anticipated to reach a valuation of US$ 1,883 million. The main catalyst of the air fryer …
Continue reading “Air Fryer Market Growth Predictions: Eyeing a US$ 1,883 Million Mark by 2034”
Exploring the Eubiotics Market: Trends, Opportunities, and Projections for 2031
As per Future Market Insights (FMI) analysis, the global consumption of eubiotics increased by a year-on-year (YoY) rate of 6.7% in 2021 to total sales of US$ 2.68 Billion in the year. The overall demand for eubiotics represents 16.4% of the global animal feed market in 2021 and is poised to increase at 7.4% CAGR to reach a value of US$ 5.47 Billion in 2031. controlling the rise of …
Continue reading “Exploring the Eubiotics Market: Trends, Opportunities, and Projections for 2031”
Functional Food and Natural Health Products Market Surging Towards a US$ 38.6 Billion Valuation by 2033
From 2023 to 2033, the market for functional foods and natural health products is projected to expand at a CAGR of 5.3%. The market is being pushed by increased health awareness, an increase in the prevalence of chronic diseases, and rising demand for convenient and healthful food and beverage items. The market is being pushed by increased …
Microbial Food Culture Market Poised for 6.10% CAGR Growth, Fueled by Rising Demand for Nutrient-Enhanced and Preserved Food Products
Microbial Food Culture Market The CAGR for the Microbial Food Culture Market from 2024 to 2034 to stand at 6.10%. The growing field of microbiology has changed the nature of food in varied ways. Microbial food cultures are a group of microorganisms such as bacteria, fungi, and mold used in the food and beverage industry for …