According to Future Market Insights, Inc. (FMI), the global forage seeds market is likely to be valued at US$ 12,132.9 million in 2023 and is anticipated to reach US$ 30,996.9 million by 2033. Overall forage sales are poised to surge at a CAGR of 9.8% from 2023 to 2033. Rising demand for meat and poultry products across the world is a prominent factor expected to drive the global …
Category Archives: F&B Analysis
Antioxidants Market Set to Grow to USD 5.3 Billion by 2033, Expanding at 9.1% CAGR, FMI Reveals
In 2022, the antioxidants market was expected to be worth close to USD 2.11 billion. The market would be influenced by a variety of factors all throughout the course of the anticipated period, including the growing global population, rising packaged goods demand, and the pharma industry’s spectacular growth. It is expected to have generated USD 5.3 …
Food Preservatives Market to Reach USD 5.7 Billion by 2033, According to FMI Analysis
The food preservatives market refers to the industry involved in the production and distribution of substances used to prevent food spoilage and extend its shelf life. Food preservatives are added to various food products to inhibit the growth of bacteria, yeast, and molds, thereby maintaining their freshness, quality, and safety. The market for food preservatives has witnessed …
Gin Industry Surge: FMI Predicts USD 31.99 Billion Market by 2033
The gin market refers to the global industry involved in the production, distribution, and consumption of gin, a distilled spirit that is primarily flavored with juniper berries and other botanicals. Gin has a rich history that dates back centuries, and it has experienced a resurgence in popularity in recent years. Several factors have contributed to the growth …
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Stevia Market to Exceed USD 739.4 Million by 2034, Forecasts FMI
The global stevia market is on a promising growth trajectory, anticipated to surge from USD 405.6 million in 2024 to USD 739.4 million by 2034, with a projected CAGR of 6.2%. Stevia’s market is developing due to rising demand for calorie-free, natural sweeteners. Given the growing concern about sugar’s potential negative health impacts, stevia’s plant-based origin and zero-calorie qualities have gained …
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Chlorophyll Color Market Sales Growth Driven by Innovative Natural Colorants in the Food Industry
The chlorophyll color market is projected to experience significant growth, with an estimated value of USD 151 million in 2023, expected to reach USD 370.3 million by 2033 at a CAGR of 9.0%. The demand for shelf-stable food color is increasing due to temperature, moisture control, light exposure, and color variation, which significantly impact a food product’s shelf life. As food …
Microalgae Market Revolutionizing Sales through Innovations in Sustainable and Nutrient-Dense Ingredients
The microalgae market, valued at USD 11.8 billion in 2023, is projected to reach USD 25.4 billion by 2033, with an 8% CAGR over the forecast period. The growing use of marine microalgae in aquaculture, pharmaceuticals, and nutraceuticals is expected to drive market growth. Additionally, increasing government efforts to standardize microalgae cultivation practices will further fuel expansion. Technological advancements, including the development …
Frozen Pizza Market Scaling Sales with Innovative Toppings and Health-Conscious Ingredients
The global frozen pizza market is expected to exceed a valuation of USD 20,196 million in 2023 and is projected to reach USD 35,994 million by 2033. The market is anticipated to grow at a steady CAGR of 6% from 2023 to 2033. The frozen pizza industry is increasingly offering a diverse range of flavors, dough types, and topping options. This growing variety …
A2 Milk Market Sales Expansion through Innovations in Digestive-Friendly Dairy Alternatives
The A2 Milk Market is predicted to develop at an impressive 9.5% CAGR from 2023 to 2033, exceeding the lower 2.4% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the healthy takeout market, increasing the market value from USD 2036.6 million in 2023 to USD 5120.9 million by 2033. Due to the decreased volume of milk produced by …
Yeast-based Spreads Market Innovation Driving Sales Growth in Plant-Based Spreadable Foods
The global yeast-based spreads market is forecasted to attain a valuation of USD 449.5 million in 2023. With a consistent compound annual growth rate (CAGR) of 4.7%, the market is expected to experience steady growth, reaching USD 711.0 million by 2033. Residual brewer’s yeast is used to produce spreads such as Marmite and Vegemite, which are known for their savory flavors and …