New Product Development
Krill Oil Market The krill oil market valuation is US$ 997.4 Mn in 2023 and is rising to US$ 2.7 Bn by 2033. Sales of krill oil are anticipated to grow at a CAGR of 10.5% during the forecast period. Krill oil is becoming increasingly popular in the food sector as a means to deliver healthful gourmet …
Continue reading “Leveraging a 10.5% CAGR in the Krill Oil Market Hits to USD 2.7 Billion by 2033”
Encapsulated Flavours Market The global encapsulated flavours market is set to witness growth at a CAGR of 5.4% and is anticipated to reach a valuation of around US$ 5 Billion by 2032. Despite the rising desire for natural, wholesome products, the food industry still faces several challenges due to the poor quality of these ingredients. Businesses are …
Microencapsulation Market The market for microencapsulation is anticipated to be worth US$ 6.5 billion in 2022 and grow to US$ 10.3 billion by 2032 at a CAGR of 8.2%. As the need for functionally enhanced foods and drugs develops, microencapsulation is becoming increasingly popular. Microencapsulated flavours, vitamins, minerals, essential oils, and other additives can be added to foods to improve their nutritional …
Gin Market The global gin market is anticipated to reach a valuation of US$ 22,927.4 million in 2023, driven by various gin festivals. This trend is expected to create new opportunities for the global market, leading to a projected CAGR of 3.5% between 2023 and 2033. It is estimated to gain a valuation of approximately US$ 31,996.0 …
Superfood Market In a recently revised edition of the global superfood market report, FMI has estimated that the industry is set to reach a net worth of US$ 183.58 billion in FY 2024. The intensifying craze for wellness and rapid demand for diet products are projected to fuel demand for superfoods. The market in focus is expected …
Infant Nutritional Premix Market According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Infant Nutritional Premix are estimated to reach a value of USD 370 billion by 2032, surging at 4.0 % CAGR through the decade. The infant nutritional premix demand is predicted to rise significantly over the …
The cultured meat market, particularly within the poultry product category, has exhibited impressive growth in recent years. Starting at USD 2.1 billion in 2022, the market swiftly rose to USD 2.3 billion by 2023, showcasing robust momentum. Looking forward to 2033, the forecast is exceptionally promising, with projected sales revenue soaring to USD 8.2 billion, …
According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of flax milk is estimated to reach a value of USD 71.1 Million by 2032, surging at 5.6% CAGR through the decade. The health trend is presently at an all-time high and customers are desiring healthier food and are becoming …
The breakfast takeout market is projected to witness an average growth momentum in the global market at a CAGR of 7.40% during 2023 and 2033. Estimated to be valued at US$ 95,086.4 million in 2023, the market is anticipated to reach US$ 186,148.9 million by 2033. Key Players in the Breakfast Takeout Market: Bob Evans, …
The global take out coffee market is expected to be valued at USD 39,630.0 million in 2023, with a compound annual growth rate (CAGR) of 4.4% from 2023 to 2033. As more young people start drinking coffee, the takeaway coffee business evolves. The proportion of millennial coffee drinkers is growing. Increased consumption would drive up demand for convenience items like coffee …
