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As per the report published by FMI, the global organic lamb market is projected to have a moderate-paced CAGR of 5.5% during the forecast period. The current valuation of the market is US$ 3.71 Billion in 2022. The market value of organic lamb is anticipated to reach a high of US$ 6.34 Billion by the year 2032. …
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The herb oil market is predicted to be valued at US$ 1,449.1 million in 2023 and US$ 3,255.8 million by 2033. Over the projection period, the herb oil market is expected to surge at a CAGR of 8.4%. The market is witnessing a surge in demand for herb oil blends tailored for specific purposes, such as stress relief, immune support, and relaxation. …
According to Future Market Insights (FMI), the global mezcal market is estimated to reach a valuation of US$ 635 million by 2024. Over the forecast period, sales are poised to increase at a CAGR of 14.2%. The global industry is estimated to reach US$ 1,536 million by 2034. Increasing consumer demand for premium versions of mezcal is a key factor surging mezcal …
The coconut milk market is estimated to be worth US$ 1,233.4 million in 2023 and is projected to be valued at US$ 2,199.4 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%. With increased emphasis on health among customers, consumption, and demand for coconut milk are likely to rise. Coconut milk products include antibacterial & antiviral …
According to Future Market Insights (FMI), the global human milk oligosaccharide (HMO) market is estimated to reach US$ 100.8 million in 2024. Over the forecast period, human milk oligosaccharide sales are poised to increase at a CAGR of 6.5%. The global market is estimated to reach US$ 161.6 million by 2034. Escalating demand for infant formula products that emulate the nutritional composition of …
In the recent edition of the global sourdough market, FMI predicts a CAGR of 4.40% through 2034. The market is has the potential to surge from USD 267.8 million in 2024 to USD 411.2 million by 2034. Western Europe is the largest market for sourdough, contributing for roughly 38% of overall revenues in 2022. Sourdough use in Western Europe’s …
The fruit concentrate puree market is evaluated to be sized at US$ 1,932.0 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a healthy clip, registering a CAGR of 7.2%. By 2034, the fruit concentrate puree market is anticipated to have reached a value of US$ 3,882.2 million. Fruit Concentrate Puree Market …
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The cocoa market plays a significant role in the global economy, as chocolate remains one of the most popular and widely consumed food products worldwide. The market encompasses various stakeholders, including cocoa farmers, traders, processors, manufacturers, and consumers. Several factors influence the cocoa market, including weather conditions, disease outbreaks, political instability in producing countries, and …
Sorbitan Esters Market As per the latest market research conducted by FMI, the global sorbitan esters market is expected to record a CAGR of 5.6% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 986.40 million. By 2033, the valuation is anticipated to reach US$ 1,703.1 million. Sorbitan esters …
Collagen Gummy Market The global collagen gummy market value is poised for substantial growth, with projections indicating a valuation of US$ 247 million in 2023, set to escalate to US$ 378 million by 2033, showcasing a robust CAGR of 4.3%. Future Market Insights (FMI) presents key insights into the burgeoning collagen gummy industry, revealing trends, growth drivers, …
