Animal Feed Market According to Future Market Insights (FMI), the global animal feed industry is set to be valued at US$ 530.0 billion in 2023. It is anticipated to reach US$ 929.0 billion by 2033. Over the next ten years, global animal feed demand is likely to increase at a CAGR of 7.3%. Increasing world population has boosted demand for animal protein. Demand for the …
Category Archives: F&B Analysis
Organic Edible Oil Market Set to Reach US$ 7.43 Billion by 2033, Fueled by Health and Environmental Trends
Organic Edible Oil Market The global organic edible oil market is poised for substantial growth, projecting a valuation of US$ 7.43 billion by 2033, with a CAGR of 9% from 2023. In 2023, the market is anticipated to reach US$ 3.14 billion, driven by factors like health and wellness trends, environmental concerns, government regulations, and rising disposable incomes. Overview of the Market …
Frozen Fruits and Vegetables Market Set to US$ 8.24 Billion by 2033, Driven by Growing Consumer Demand and Nutritional Benefits
Frozen Fruits and Vegetables Market In 2023, the frozen fruits and vegetables market was estimated to be worth US$ 4.31 billion and was projected to expand at a CAGR of 6.7%. In 2033, it is expected that the frozen fruits and vegetables market is anticipated to be worth US$ 8.24 billion. Unseasonal fruits are likely to continue …
Cattle Feeder Market Poised to Reach US$ 4.24 Billion by 2033, Driven by Rising Meat Consumption and Technological Advancements
Cattle Feeder Market It is estimated that the cattle feeder market is likely to be valued at US$ 2,980 million in 2023, and likely to reach US$ 4,240 million by 2033. During the forecast period, the demand is anticipated to expand at a CAGR of 3.5%. The increased consumption of meat protein and the increased emphasis on …
NPK Fertilizers Market to Reach US$ 4.44 Billion by 2033, Driven by Increasing Demand for Nutrient-efficient Agriculture
NPK Fertilizers Market According to a report published by FMI, the global NPK Fertilizers Market will be valued at US$ 3.03 Bn in 2023. It is expected to grow at a CAGR of 3.9% during the forecast period, reaching a value of US$ 4.44 Bn by 2033. In addition to improving crop quality and yield, their use reduces application costs. Increasing public awareness of the …
Iced Tea Market Expected to Reach US$ 12,132 Million by 2034, Driven by Rising Demand for Bottled Tea and Flavored Varieties
Iced Tea Market The iced tea market size is anticipated to be worth US$ 12,132 million by 2034. According to the estimates, the market is projected to clock a 6.0% CAGR until 2034. In 2024, the iced tea market size is valued at US$ 6,753 million. Iced tea drinkers often look to quench their thirst, and …
Butter Powder Market Set to Reach US$ 4.4 Billion by 2033, Driven by Demand for Clean-label Products and Convenience in Food Industry
Butter Powder Market In 2023, the butter powder market has been evaluated to reach a global market value of US$ 2.4 billion. With a growth rate at a CAGR of 6.3% during the forecast period, this market is estimated to appreciate almost twice its market value globally in 2033. As per FMI, the butter powder market is …
Frozen Vegetables Market Expected to Reach US$ 53.8 Billion by 2024, Fueled by Increasing Demand for Convenient and Healthy Food
Frozen Vegetables Market The global frozen vegetables market is predicted to surge at a CAGR of 6.0% through 2034. Sales revenue of frozen vegetables is estimated to be worth US$ 53,830.60 million in 2024. Frozen veggies have a longer shelf-life, as compared to fresh vegetables and are thus easier to transport in various parts of the …
Multi Nutritional Supplement Market to Reach US$ 1.9 Billion by 2032, Driven by Increasing Health Awareness and Demand for Dietary Supplements
Multi Nutritional Supplement Market Multi Nutritional Supplement Market is forecasted to register a 6.8% CAGR during the forecast period (2022-2032) and is projected to reach US$ 1.9 Billion by 2032 With the increasing growth of the health & wellness trend and consumers’ awareness about the necessity of adding diverse nutrients to diets, the demand for multi-nutritional supplements, as well as …
Cold-Pressed Oil Market Set to Reach US$ 38.4 Million by 2034, Driven by Growing Demand for Natural and Nutritious Oils
Cold-Pressed Oil Market The global cold-pressed oil market is expected to reach a valuation of US$ 23,431.5 million in 2024. The market is further projected to develop at a CAGR of 5.10% from 2024 to 2034, totaling around US$ 38,426.4 million by the end of 2034.Due to a greater understanding of health and well-being, consumers’ eating habits …