The market for almond butter is anticipated to achieve a valuation of US$ 669.0 million by the end of 2023. Expanding at a CAGR of 6.0% from 2023 to 2033, the market is estimated to reach a valuation of US$ 1,245 million by 2033. Almond butter has gained popularity as a spread, snack, and sauce thickening owing …
Category Archives: F&B Analysis
Insect-Based Pet Food Market to Surge to USD 3.4 Billion by 2033: Transforming Pet Nutrition with 10% CAGR | FMI
Insect-Based Pet Food Market The insect-based pet food market is forecasted to garner revenue of US$ 3,448.5 million in 2033, up from US$ 1,341.0 million in 2023, advancing at a rate of 10% from 2023 to 2033. The pet food industry is undergoing a significant transformation as more pet owners seek innovative and sustainable alternatives to traditional …
Fat-Filled Milk Powder Market Set to Reach USD 8.8 Billion by 2033: Steady 6% CAGR Driven by Demand for Cost-Effective Dairy Alternatives
Fat-Filled Milk Powder Market The global fat-filled milk powder market demand is expected to be valued at US$ 5 billion in 2023 and to reach a valuation of US$ 8.8 billion by 2033. The demand for fat-filled milk powder is estimated to grow at a steady 6% CAGR. The fat-filled milk powder market is being driven …
Cheese Market Forecast: Projected to Exceed USD 160.0 Billion by 2033, According to Future Market Insights, Inc. Report
The cheese market is expected to expand from US$ 95.0 billion in 2023 to US$ 160.0 billion by 2033. Demand for processed cheese, such as Cheddar, Parmesan, and Romano, has increased in recent years due to factors such as the product’s improved shelf life, the appealing flavor profile of processed cheese, and the versatility it provides at …
Vegan Butter Market to Surpass USD 4.78 Billion by 2033, According to FMI Forecast
The global vegan butter market is forecasted to expand at 5% CAGR over the estimated period as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 2,870 million in 2023. The vegan butter industry is propelling forward with the surging demand for oats-based vegan butter as witnessed via the B2C sales channel. High demand for …
Organic Spices Market Forecast: 4.5% CAGR Growth to Surpass USD 17 Billion by 2033
The organic spices market is likely to thrive at an average CAGR of 4.5% between 2023 and 2033. The market is anticipated to cross a share of US$ 17.0 billion by 2033 while it is anticipated to be valued at US$ 10.9 billion in 2023. The wave of organic food items including spices being in trend is …
Vegan Egg Market Valuation Set to Surpass USD 3.49 Billion by 2033, According to FMI
The global vegan egg market is forecast to expand at 6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,973 million in 2023. The market is stimulated by the increasing cognizance of vegetarian plant-based food. Plant-based eggs, meat, and milk are some common novel products that have found high …
Whey Protein Industry on Track for Massive Expansion, Expected to Hit USD 40.3 Billion by 2033
The global whey protein market is expected to grow at a prolific CAGR of 7.5% from 2023 to 2033. The target market is set to reach an estimated US$ 19.6 Billion in 2023. By 2033, the whey protein market will likely reach US$ 40.3 Billion. Rising demand for whey protein from the personal care, health, and wellness …
Specialty Egg Market Expected to Reach USD 45.1 Billion by 2033, Featuring 12% CAGR | FMI
The global specialty egg market is anticipated to expand at a CAGR of 6.7% from 2023 to 2033. The revenue from sales of specialty eggs is likely to reach US$ 45,064.5 million by 2033 from US$ 14,919 million in 2023. In recent years, the culinary world has witnessed a fascinating rise in the demand for specialty eggs. …
Cattle Feed Market Projections: Expected to Soar to USD 127.8 Billion by 2034, FMI Reports
The cattle feed market is estimated to be worth USD 83.4 billion in 2024 and is projected to be valued at USD 127.8 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 4.4%. The growing demand for premium meat and dairy products worldwide is one of the key factors propelling …