The refrigerated snacks market is anticipated to expand its roots at an average CAGR of 4% between 2023 and 2033. The market is expected to have a market share of US$ 131.0 billion by 2033 while it is likely to be valued at US$ 88.11 billion in 2023 The changing lifestyle along with eating habits are making way for new packaged and refrigerated …
Category Archives: F&B Analysis
Kombucha Tea Market Set for Robust Growth at 12% CAGR, Reaching USD 5.4 Billion by 2033 Driven by Health Benefits and Innovation
Kombucha Tea The kombucha tea market is anticipated to expand its roots at a steady CAGR of 12% between 2023 and 2033. The market is expected to have a market share of US$ 5.4 billion by 2033 while it is likely to be valued at US$ 1.72 billion in 2023 The high imports and experiments with beverages and tea along with the health …
Champagne Industry to Reach USD 11.9 Billion by 2033, Fueled by Rising Consumer Preference for Premium Sparkling Wine
The champagne market is securing a valuation of US$ 7.3 billion in 2023 and is projected to reach US$ 11.9 billion by 2033. The market is capturing a CAGR of 5% during the forecast period. Growing Popularity of Champagne Upsurge the Global Market Consumers are fond of champagne due to its sparking unique taste and quality. The …
Organic Tea Market Set to Reach USD 2.69 Billion by 2033 with 8.0% CAGR: Rising Demand for Healthier, Pesticide-Free Beverages Drives Growth
Organic Tea Market The organic tea market is expected to expand its roots at a steady CAGR of 8.0% during the forecast period. The market is likely to hold a revenue of US$ 1.24 billion in 2023 while it is anticipated to cross a value of US$ 2.69 billion by 2033. Organic products are getting more popular among customers due to changing …
Processed Cashew Market to Exceed USD 8.79 Billion by 2032 with a 5.8% CAGR: Rising Demand for Nutrient-Rich Superfoods Fuels Growth
Processed Cashew Market The global processed cashew market is set to witness growth at a CAGR of 5.8%, surpassing US$ 8,793.0 Mn by 2032, finds Future Market Insights (FMI). Growth is driven by rising demands for superfood with nutritional properties. Consumers are increasingly interested in diets that are both sustainable and healthy. Hence, adoption of sustainable food products such as …
Almond Milk Market Poised for Strong Growth: Projected to Reach USD 14.19 Billion by 2034 Driven by Health Trends and Lactose Intolerance Awareness
The global almond milk market is expected to grow significantly, increasing from an estimated US$ 5,895.8 million in 2024 to US$ 14,193.79 million by 2034, reflecting a robust CAGR of 9.2%. This growth is driven by rising lactose intolerance rates, increasing health awareness, and a growing preference for non-dairy alternatives like vanilla almond milk. These factors contribute …
Surging Popularity of Rice Milk Market Set to USD 1.3 Billion by 2033 Driven by Plant-Based Trends and Digestive Benefits
Rice Milk Market The rice milk market size is registering a valuation of US$ 0.639 billion in 2023 and is projected to reach US$ 1.3 billion by 2033. The market is capturing a CAGR of 6% during the forecast period. How is the Popularity of Rice Milk Growing Among Consumers? The popularity of rice milk is …
Beauty Supplements Market Poised for 13.6% CAGR Growth by 2033, Report Shows
The global beauty supplement market value is projected to increase from US$ 2,679 million in 2023 to US$ 4,456 million by 2033. Over the forecast period, sales of beauty supplements are set to soar with a compound annual growth rate (CAGR) of 13.6%. Several factors are anticipated to drive growth of the beauty supplement market. These include growing focus on improving aesthetic …
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Algae-based Animal Feed Market to Reach USD 8.16 Billion by 2033, According to Future Market Insights
The net revenue generated from the sales of animal feed worldwide was figured out to be around US$ 4,230.7 million by 2022 end. The demand for algae-based animal feed and components is anticipated to increase at an annual average growth rate of 3.7% from 2023 to 2033. By following this growth rate, the overall market value is anticipated to reach US$ 8,158.1 …
Rising Demand for Sustainable Protein Sources Drives Fungal Protein Market to Projected US$ 7.24 Billion by 2033
The global fungal protein market, valued at US$ 3.95 billion in 2023, is poised for remarkable growth, projected to reach US$ 7.24 billion by 2033, reflecting a robust 6% compound annual growth rate (CAGR) from 2023 to 2033. This expansion is primarily fueled by the increasing demand for healthy food products among fitness enthusiasts and …