According to forecasts, the global industrial chocolate market may reach USD 57 billion by 2023, recording a 4.4% CAGR. By 2033, the market is expected to reach USD 87.68 billion. An elevated level of awareness around food brands is driving resolution in the food and beverage industry. A growing focus on creating a differentiated experience …
Category Archives: F&B Analysis
Molasses Market Share Expected to Expand with a 7.0% CAGR from 2023 to 2033, Reaching USD 23.51 Billion
By 2033, molasses market share is expected to increase from USD11952.75 million to USD 23512.86 million. This is anticipated to increase molasses’ market share and result in a CAGR of 7.0% between 2023 and 2033. Molasses, a thick syrup by-product of sugarcane or sugar beet juice extraction, is gaining popularity in various food and beverage …
Sales Outlook for Premixed Cocktail Shots Exceeding USD 6,716 Million by 2032 | Future Market Insights Inc.
The global premixed cocktail shots market is anticipated to grow at a robust CAGR of 6.1% between 2022 and 2032. The overall sales of premixed cocktail shots are likely to surpass USD 6,716 Million by 2032. As per FMI, the global premixed cocktail shots market recorded a valuation of USD 3,708 Million in 2022. Increasing …
Infant Formula Market Expected to Grow at 8.7% CAGR Until 2034 Due to Rising Preference Over Breast Milk
According to Future Market Insights (FMI), the global infant formula market is projected to witness substantial growth, increasing from US$ 50,126 million in 2024 to US$ 1,15,326 million by 2034. The market is expected to surge at a CAGR of 8.7% during the forecast period. The infant formula market is growing due to factors such as rising working mother population, increased baby health spending, and …
Banana Puree Market Forecast to Hit USD 919 Million by 2033, Growing at a 9.2% CAGR
The banana puree market is poised for robust growth and a significant rise, with an anticipated higher CAGR of 9.2% from 2023 to 2033. This is notably higher than the CAGR of 5.3% observed between 2018 and 2022. As a result, the market value is projected to reach an impressive US$ 919 million by 2033, compared to …
Permeate Market Set to Achieve USD 1.7 Billion by 2033 Due to Rising Health and Clean Label Preferences
The permeate market is predicted to be worth US$885.25 million in 2023 and US$1,705.85 million by 2033. Permeate sales are predicted to grow at a strong CAGR of 6.8% during the forecast period. A variety of factors have influenced the global permeates market, all of which have a direct impact on market growth. Rising demand for prebiotics driving revenue generation in the …
Global Frozen Snacks Market to Reach USD 250,736.0 Million by 2033, Expanding at a 6% CAGR from 2023
The global frozen snacks market size is predicted to cross a valuation of USD 136,981 million in 2023. It is anticipated to attain a valuation of USD 250,736.0 million by 2033. The market is foreseen to thrive at a CAGR of 6% from 2023 to 2033. In recent years, veganism and plant-based diets have gained …
Turmeric Market Projected to Reach USD 7.58 Billion by 2033: FMI Report
According to Future Market Insights’ latest report, the global turmeric market is forecast to expand from US$ 4,419.3 million in 2023 to US$ 7,579.2 million by 2033. Overall turmeric sales are poised to rise at 5.5% CAGR from 2023 to 2033. Rising applications of turmeric across several industries, especially food & beverage and pharmaceutical is expected to drive the global market forward during the …
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Prebiotic Ingredient Market Forecast: Doubling Demand to USD 3,763 Million by 2034
The global prebiotic ingredients market size is estimated to expand from USD 7,215 million in 2024 to USD 13,763 million by 2034. Global prebiotic ingredient sales are projected to soar at 6.7% CAGR over the next ten years. some of the popular products that are expected to contribute to the growth of the global prebiotic ingredients market are Prebiotics for weight loss, prebiotic …
Invertase Market to Grow at 5.3% CAGR, Reaching USD 101 Million by 2033 on Rising Demand in Food Industry
According to Future Market Insights research, during the projected period, the Invertase market is expected to grow at a CAGR of 5.30%. The market value is projected to increase from US$ 60.2 million in 2023 to US$ 101.0 million by 2033. The Invertase market was valued at US$ 57.6 million at the end of 2021 and is anticipated to exhibit a CAGR growth of 4.60% …