The feed micronutrients market is predicted to be worth US$ 1.91 billion in 2023 and rise to US$ 3.52 billion by 2033. The global industry was expanding at a CAGR of 4.6% from 2018 to 2022. Consumers are becoming more concerned about animal welfare and the effects of livestock production on the environment. The demand for feed …
Category Archives: F&B Analysis
Compound Horse Feedstuff Market Set to Surpass USD 11,797 Million by 2033, According to FMI
The global Compound Horse Feedstuff Market is estimated to be valued at US$ 9,354.7 Million in 2023. From 2023 to 2033, global demand for compound horse feedstuffs is likely to soar at 4.5% CAGR. Total market value at the end of 2033 is projected to reach US$ 11,797.3 Million. Rising popularity of equestrian sports and increasing demand for high-nutritional animal feeds are key …
Whiskey Industry Poised to Reach USD 270 Billion Valuation with 12% Annual Growth by 2033, Says FMI
The whiskey market is anticipated to expand its roots at a steady CAGR of 12% between 2023 and 2033. The market is projected to have a market share of US$ 270.09 billion by 2033 while it is likely to be valued at US$ 84.3 billion in 2023 – The restored beverages business along with the growth of …
USA Plant-based Creamers Market to Hit USD 1.43 Billion by 2033, Reports Future Market Insights
The USA Plant-based Creamers Market has experienced significant growth and evolution over the past decade, driven by increasing consumer awareness of health and environmental concerns. By 2033, plant-based creamers have become a mainstream choice for consumers seeking dairy-free and sustainable alternatives to traditional dairy creamers. According to Future Market Insights (FMI), the USA plant-based creamers market is set …
North America Par Baked Bread Market to Exceed USD 7.14 Billion, Forecasted 4.0% Growth
By 2033, the North America par baked bread market is projected to be worth US$ 7,140.69 million. From 2023 to 2033, a CAGR of 4.0% is anticipated. By 2023, the regional market is expected to reach a valuation of more than US$ 4,890.90 million. Par-baked bread is a type of bread that has been partially baked but not fully cooked. It …
USA Food Service Market Anticipated to Reach USD 1.995 Trillion, with a 7.3% Annual Growth by 2033
By 2033, it is anticipated that the USA food service industry would be worth US$ 1995.0 billion. By 2023, it is projected to reach a valuation of around US$ 985.5 billion. The market is anticipated to increase significantly between 2023 and 2033, with a CAGR of 7.3%. About 26.3% of all food expenses in 1970 were spent …
Americas Seeds Market to Expand at 8% CAGR, Reaching USD 14.06 Billion by 2033
The Americas seeds market is a thriving and dynamic industry that plays a crucial role in agriculture and food production. Spanning North, Central, and South America, this vast market encompasses a wide range of seeds, including cereals, grains, vegetables, and fruits. Advancements in biotechnology and genetic engineering have led to the development of high-yield and disease-resistant seeds, …
Continue reading “Americas Seeds Market to Expand at 8% CAGR, Reaching USD 14.06 Billion by 2033”
Trace Minerals in Feed Market Expected to Grow at 5.4% CAGR Through 2033, Reports Future Market Insights, Inc.
The trace minerals in feed market is expected to increase from US$ 552.67 billion in 2023 to US$ 926.04 billion in 2033. The worldwide economic slump has had an insignificant impact on the global beef business. Because of changing food preferences, urbanization, population growth, and economic growth, the Asia Pacific and South America region are expected to …
Normal and Specialty Fats Market on Track for USD 74.15 Billion by 2033, Driven by 6.5% CAGR
The global normal and specialty fats market is worth US$ 39.5 Billion as of now and is expected to reach US$ 74.15 Billion by the year 2033 at a CAGR of 6.5% between 2023 and 2033. The bakery and confectionery vertical constitutes a noteworthy consumer base regarding normal and specialty fats; which, in turn, are seen in …
Seaweed Industry to Surge to USD 19.66 Billion by 2033, Growing at 9.7% CAGR | FMI
The seaweeds market is experiencing a remarkable surge, driven by its growing popularity in various industries. Seaweeds are nutrient-rich, sustainable, and versatile, making them sought-after ingredients in the food, cosmetics, and pharmaceutical sectors. As consumers increasingly embrace healthy and eco-friendly choices, seaweed-based products offer an attractive solution. The global seaweeds market is projected to be valued at US$ 7.79 …