Dairy Enzymes Market1 The dairy enzymes market size is projected to be valued at US$ 877.5 million in 2023 and is expected to rise to US$ 1,812.8 million by 2033. The sales of dairy enzymes are expected to grow at a significant CAGR of 7.4% during the forecast period. Westernization, growing urbanization, rising demand for lactose-free dairy …
Category Archives: F&B Analysis
Plant-Based Cheese Market to Reach USD 9.7 Billion by 2034, Fueled by Sustainability and Health Trends
Plant-based Cheese Market The plant-based cheese market is predicted to be valued at US$ 3,068 million in 2024. The market for plant-based cheese is expected to grow at a compound annual growth rate (CAGR) of 12.2% between 2024 and 2034 to reach a value of US$ 9,658 million. This expansion is due to consumers seeking cruelty-free, environmentally friendly, and sustainably produced substitutes …
Plant-Based Sausages Market to Surge to USD 12.9 Billion by 2033, Driven by Health Consciousness
Plant-based Sausages Market In 2023, the plant-based sausages market is anticipated to be worth US$ 1,228.1 million. By 2033, the market is projected to be worth $12,936.9 million. Throughout the forecast period, the market is anticipated to have a CAGR of 26.5%. How Does Popularity of Plant-based Sausages Propel the Market Size? The popularity of plant-based sausages …
Vegan Protein Bars Market to Reach USD 3.97 Billion by 2033, Driven by Rising Vegan Consumption
Vegan Protein Bars Market The vegan protein bars market is expected to reach US$ 757.5 million by 2023. According to Future Market Insights’ estimates, the market is likely to generate US$ 3.965.7 million between 2023 and 2033, representing a compound annual growth rate of 18%. The popularity of vegetarian and plant-based diets has increased over the past …
Vegan Marshmallows Market to Reach USD 172.6 Million by 2033, Driven by Rising Vegan Population and Innovative Flavors
Vegan Marshmallows Market In 2023, demand for vegan marshmallows are expected to have a net market share worth of $74.6 Mn, but by 2033, it is predicted to rise to over US$ 172.6 Mn. The growing vegan population around the world is driving demand for vegan marshmallows to grow by 9.8% between 2023 and 2033. Concerns about …
Global Lactose Market to Reach USD 4.17 Billion by 2033, Fueled by Growing Demand Across Sectors
Lactose Market As of 2022, the worldwide sales of lactose market was worth US$ 2,312.5 million. The market is anticipated to expand at a CAGR of 6% from 2023 to 2033, reaching a total of approximately US$ 4,169.8 million by 2033 due to the ongoing consumer movement towards lactose products. This kind of sugar in lactose may …
Pet Dietary Supplement Market to Double to USD 8.29 Billion by 2033 | FMI
Pet Dietary Supplement Industry The pet dietary supplement market is predicted to be valued at US$ 4,269.1 million in 2023 and US$ 8,288.4 million by 2033. Over the projection period, the pet dietary supplement market is expected to surge at a CAGR of 7.3%. Pet owners are increasingly seeking tailor-made dietary supplements for their furry companions. Companies utilize advanced technologies and data analytics …
Continue reading “Pet Dietary Supplement Market to Double to USD 8.29 Billion by 2033 | FMI”
Omega-3 Ingredients Market to Hit USD 20.6 Billion by 2033 Despite Regulatory Challenges
Omega-3 Ingredients Market Omega-3 ingredients are highly sought after because of how well-liked they are among consumers. Omega-3 ingredient sales reached US$ 7.4 billion in in 2023, rising at a CAGR of 10.8% over the projection period. By 2033, the omega-3 ingredients market is anticipated to bring in US$ 20.6 billion. Market for Omega-3 Ingredients Growing Consistently …
Beet Pulp Market to Reach USD 595.3 Million by 2033, Driven by Rising Demand for Nutrient-Rich Animal Feed
Beet Pulp Market The global beet pulp market is expected to be worth $268.30 million in 2022. Changing customer preferences for safer food for livestock will help the market reach a total of US$ 595.3 million by 2033, with a CAGR of 8% from 2023 to 2033. There are several nutritional advantages to beet pulp for cattle. …
Chocolate Couverture Market Anticipated to Expand at 4% to 5% CAGR by 2032
The Chocolate Couverture Market (Markt für Schokoladenkuvertüre) is witnessing significant growth as the demand for premium chocolate products continues to surge worldwide. Couverture refers to high-quality chocolate with a high cocoa butter content, making it ideal for professional chocolatiers and confectioners. The market is driven by the increasing consumer inclination towards luxury and indulgence, coupled with …
Continue reading “Chocolate Couverture Market Anticipated to Expand at 4% to 5% CAGR by 2032”