The plant-based chicken market is expected to record a CAGR of 18.4% from 2023 to 2033, from US$ 2,325.4 million in 2023 to US$ 12,601.0 million by 2033. The world’s increased protein intake is the primary driver of the worldwide plant-based chicken business. Owing to the increased protein consumption, producers are more likely to offer consumers a selection …
Category Archives: F&B Analysis
Surging Demand for Plant-Based Nutrition: Global Vegan Protein Powder Market to Hit USD 9.07 Billion by 2033
According to Future Market Insight, the Global Vegan Protein Powder Market will reach US$ 9.07 billion by 2033, registering a CAGR of 7.4%. This anticipated growth signifies a remarkable upsurge from its projected worth of US$ 4.63 billion in 2023. There has been a significant increase in people adopting vegan and vegetarian diets worldwide. Ethical considerations, environmental concerns, and personal health benefits motivate …
Herbs and Spices Market Poised to Reach USD 244.1 Billion by 2034 with a 3.6% CAGR, Driven by Consumer Shift to Natural Flavors and Health Benefits
Herbs and Spices Market The global herbs and spices market share is estimated to be US$ 171,563.1 million in 2024 increasing from US$ 167,874.1 million in 2019. FMI expects the global herbs and spices industry to grow at a 3.6% CAGR through 2033 to reach US$ 244,124.7 million by 2034. The use of herbs and spices in convenient meals is growing because …
Rising Demand in Food & Beverage: Spice Oils and Oleoresins Market to Hit USD 3.57 Billion by 2033
According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million. Significant Aspects Driving the Growth of the …
Unlocking the Potential: The Lupin Protein Market Driven by Health Trends and Versatile Applications
The lupin protein market is estimated to be worth USD 103.3 Million in 2024. It is projected to reach USD 167.2 million by 2034, reflecting a CAGR of 4.9% over the assessment period 2024 to 2034. The market for lupin protein has been increasing at a fast pace, owing primarily to its adoption in the food …
Green Banana Flour Market to Reach USD 1,026.1 Million by 2033
In 2022, the global market for green banana flour reached approximately USD 623 million. The market is poised to expand to USD 1,026.1 million by 2033, driven by shifting consumer preferences towards organic and gluten-free flour options. This growth is expected to be supported by a CAGR of 5% from 2023 to 2033. The rising …
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Forecasting the Coconut Water Market: Insights into Nature, Application, Flavor, Sales Channel, and Regional Dynamic
The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Coconut Water Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period …
Gourmand Fragrance Sales in the Context of a USD 55 Billion Global Market by 2033
The global market for Gourmand Fragrances is projected to achieve a valuation of USD 32,550.3 Million by 2023, with growth accelerating at a CAGR of 3.8% from 2023 to 2033. Gourmand Fragrance sales are anticipated to contribute significantly to the overall demand in the global fragrance market, which is expected to be valued at approximately …
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Projected Growth of the Global Ginkgo Biloba Extract Market: Reaching USD 2,579.2 Million by 2034 with a 4.1% CAGR
The global market for ginkgo biloba extract is projected to reach approximately USD 2,579.2 million by 2034, with a steady CAGR of 4.1% expected from 2024 to 2034. By the conclusion of 2024, the market for ginkgo biloba extracts is forecasted to achieve a total valuation of USD 1,719.1 million. Ginkgo biloba extract finds application …
Expanding Demand Projected Growth of Seed Coating Material Market to USD 3,639.7 Million by 2034
The seed coating material market is projected to reach a value of USD 2,059.0 million by 2024, with anticipated growth at a CAGR of 5.9% from 2024 to 2034. By 2034, the global market for seed coating materials is expected to achieve a valuation of USD 3,639.7 million. The increasing adoption of sustainable agricultural practices …