The global demand for duckweed market is set to experience substantial growth, with projections indicating a rise from US$ 76.0 million in 2023 to approximately US$ 195.4 million by 2033, marking a robust CAGR of 10.8%. This growth is driven by the increasing nutritional value and diverse applications of duckweed across various industries. Duckweed, a …
Category Archives: F&B Analysis
Bakery Mixes Market Outlook: Convenience and Innovation Propel Growth to US$ 10.3 Billion by 2033
The global bakery mixes market is poised for substantial growth, projected to rise from US$ 6,175.3 million in 2023 to US$ 10,300.3 million by 2033, reflecting a steady CAGR of 5.2%. This growth is driven by increasing consumer demand for convenient, ready-to-use baking solutions across various demographics and regions. Market Dynamics: Bakery mixes, comprising essential …
Sweet Success: Agave Nectar Market Set to Flourish with 6.3% CAGR | FMI Study
The global agave nectar market sales is poised for substantial growth, with projections indicating a rise from US$ 206.0 billion in 2023 to US$ 378.8 billion by 2033, marking a robust CAGR of 6.3%. This growth is driven by increasing consumer preference for natural sweeteners and the expanding applications of agave nectar across various industries. …
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Illuminating Growth Prospects: Beta Carotene Industry Poised for Expansion
The demand for beta carotene industry is on a trajectory of robust growth, reaching a valuation of US$ 427.4 million in 2023 and projected to soar to US$ 761.1 million by 2033, marking a significant CAGR of 5.9%. This growth is underpinned by increasing awareness of its health benefits and expanding applications across diverse industries. …
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Cereal Bar Market Forecast to Reach USD 22.64 Billion by 2034 | Future Market Insights, Inc.
The latest update on the cereal bar market forecasts a value of USD 14.51 billion by 2024, driven by increasing consumer interest in health and innovative flavors. With this momentum, sales are poised to surpass USD 22.64 billion by 2034, reflecting a projected compound annual growth rate CAGR of 5.60% over the forecast period. Plant-based …
The Emulsified Shortenings Market Expected to Achieve Strong Growth with 5%-6% CAGR Through 2022-2032
The global emulsified shortenings market is anticipated to grow at a moderate CAGR range of 5% to 6% from 2022 to 2032. The target market is set to reach a significant value by the end of 2032. Many manufacturers in the food and beverage industry are keen on releasing products with new and unique tastes. This factor …
Insights into Growth: Global Take-Out Coffee Market Hits USD 60,980.6 Million by 2033
In 2023, the global take-out coffee market reached a value of USD 39,630.0 million, with a projected CAGR of 4.4% from 2023 to 2033. The future for the take out coffee market is changing as young people’s coffee consumption rises. There are a rising number of millennials who consume coffee. The increase in consumption would …
Clarified Butter Market Forecasted to Reach USD 6.11 Billion by 2033 with 9.4% CAGR
A 9.4% CAGR is forecast for the clarified butter market, which is predicted to reach a global market value of USD 6.11 billion by 2033 from an estimated USD 2.49 billion in 2023. The widespread adoption of clarified butter is mostly due to globalisation. The customers of today, known as millennial, have shown a deep interest in …
Global Processed Meat Market to Hit USD 634.5 Billion by 2033
The processed meat market is predicted to develop at an impressive 6.5% CAGR from 2023 to 2033, exceeding the lower 6.1% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the processed meat market, increasing the market value from USD 349.5 billion in 2023 to USD 634.5 billion by 2033. The …
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Understanding the Growth of the Global Lactose-Free Butter Market to USD 603 Million by 2033
The market analysis report by FMI projects that the lactose-free butter market is projected to thrive at a strong CAGR of 7% over the study period. By the end of the year 2033, the overall market is anticipated by FMI to reach a value of about USD 603 million. The growing percentage of the lactose intolerant population …