The fish processing market size is estimated to attain a value of US$ 368,460.4 million by 2033, up from its 2023 value of US$ 213,619.7 million, showcasing a projected CAGR of 5.9% Increasing demand for seafood is the key driver fueling the fish processing industry’s growth. Overfishing is the primary restraint, and with this, the …
Category Archives: F&B Analysis
Accelerating Growth in the Global Lactose-Free Cheese Market Opportunity by 2035
The global lactose-free cheese market share is estimated to be worth USD 865.1 million by 2025. It is projected to reach USD 1,973.2 million by 2035, reflecting a CAGR of 8.6% over the assessment period 2025 to 2035. The Lactose-free Cheese’ market’s growth is anticipated to be attributed to its widespread usage in the food …
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Cider and Perry Market Set to Reach USD 124.7 Billion by 2033: Investment Opportunities Surge Amid Rising Consumer Demand
The global cider and perry market size is experiencing robust growth, with demand anticipated to be valued at $92.4 billion in 2023, and is forecasted to grow at a CAGR of 3%, reaching $124.7 billion by 2033. This growth trajectory is attributed to shifting consumer preferences towards ready-to-drink beverages and the increasing popularity of craft …
Yellow Fats Market Set to Reach US$ 42.7 Billion by 2032, Driven by Bakery and Confectionery Demand
The global yellow fats market revenue is poised for substantial growth, expected to reach a valuation of US$ 42.7 billion by 2032, up from US$ 28.3 billion in 2022, marking a steady CAGR of 4.2% over the forecast period. This growth is propelled by the rising popularity of yellow fats in the bakery and confectionery …
Global Canned Tuna Ingredients Market Expansion to USD 7,689.2 Million by 2033
According to Future Market Insights (FMI), the worldwide canned tuna ingredients market is valued at USD 4,500.7 million in 2023 and it is anticipated to reach USD 7,689.2 million by 2033. Over the next decade, global canned tuna ingredients demand is likely to increase at a CAGR of 5.5%. Creating creative and distinctive flavors can draw customers looking for …
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Global Multivitamin Gummy Market Growth to USD 7,326.6 Million by 2034
The global multivitamin gummy market reached almost USD 4,134.1 million in 2023. The global multivitamin gummy industry is anticipated to expand at 5.4% CAGR between 2024 and 2034. Following this consistent growth rate, the market value is poised to reach USD 7,326.6 million by 2034, rising from USD 4,317.9 million in 2024. The multivitamin gummies …
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Enhancing Aquaculture: Forecasting USD 3.4 Billion Global Aquafeed Additives Market by 2033
The global aquafeed additives market size is anticipated to surpass USD 3.4 billion by 2033. It is estimated to record a steady CAGR of 4.3% in the review period 2023 to 2033. It is likely to exceed a valuation of USD 2.3 billion in 2023. The global aquafeed additives market registered an astonishing CAGR of …
Organic Fruit Powders Gain Consumer Popularity, Projecting Market Expansion to USD 36.4 Billion by 2033
The fruit powder market is poised to witness at a 7.4% CAGR during the forecast period. The market for fruit powder is expected to expand from USD 17.5 billion in 2023 to USD 36.4 billion by 2033. Increasing need for longer-lasting food items, combined with growing demand for seasonal products throughout the year, is fuelling …
Lactates Market Projected to Reach USD 1.1 Billion by 2032 with a 3.7% Annual Growth Rate
According to recently released statistics on lactates market analysis, the market for lactates is predicted to be worth USD 653.1 million in 2022 and USD 1.1 billion by 2032, representing a CAGR of 3.7% in terms of value. According to the forecast presented in the report, the global lactates market is estimated to be valued at USD 653.1 million …
Feed Phytogenic Market Forecasts 3.5% Annual Growth, Boosting Revenue Until 2033
The feed phytogenic market is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period. The feed phytogenic industry is an emerging segment of the animal feed industry, which …
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