According to FMI reports, the global processed beef market can soar at a rate CAGR of 9% from 2023-2033. The market share of the processed beef industry is predicted from US$ 133.4 Bn in 2023 to over US$ 314.5 Bn by 2033. Globalization and the popularity of different cuisines have led to an increase in beef consumption globally due to shifting consumer habits …
Category Archives: F&B Analysis
Exploring Growth Horizons in the Fermented Ingredients Market, Projected to Reach US$ 93.9 Billion by 2033
The fermented ingredients market is predicted to grow at a CAGR of 6.7% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 48.9 Bn in 2023 to US$ 93.9 Bn by 2033 end. Sales of fermented ingredients are expected to represent a significant proportion of the global food additives market. Fermented substances are acidic elements that are …
Nurturing the Future Infant of Formula Ingredients Market Sets Sights on US$ 78,818.9 million by 2033
Infant Formula Ingredient Market During the forecast period, the infant formula ingredients market is expected to expand at a CAGR of 6.3%. Beginning the forecast period in 2023 with a market value of US$ 42,645 million, it is likely to reach a valuation of US$ 78,818.9 million by 2033. It is anticipated by the expert analysts at …
Unlocking Yeast’s Potential: Inactive Dried Yeast Market Poised for Remarkable Growth, Aiming for CAGR of 8% by 2032
Conventional inactive dried yeast is expected to hold about 96.9% share in the global inactive dried yeast market. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. This indicates the rising usage of inactive dried yeast in …
A Culinary Revolution of Tempeh Market Poised to Reach a Valuation of US$ 6.8 billion by 2033
From 2023 to 2033, the global tempeh market is predicted to rise at a 5% CAGR and are predicted to reach around US$ 6.8 billion by 2033. A sizable portion of the population wishes to either avoid or reduce their meat consumption by becoming vegan or vegetarian or by becoming flexitarians or meat reducers. As a result, …
Insect Feed Market Set For Notable Growth to 2033| Future Market Insights Inc.
The total worth of the global insect feed market could be around US$ 1,561 million in 2023. Over the forecast years from 2023 to 2033, the worldwide demand for insect feed is expected to grow annually at a rate of 17.9%. By the end of 2033, the net worth of the market is projected to reach US$ …
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Australia Legal Cannabis Market Independent Variable Examine, Future Opportunities & Challenges by 2033
Australia Legal Cannabis Market In 2022, the legal cannabis industry in Australia was estimated to be valued at US$ 67.4 million. A robust Compound Annual Growth Rate (CAGR) of 30.1% from 2023 to 2033 is anticipated, propelling the market to an estimated value of US$ 828.2 million by 2033. The therapeutic application segment is expected …
Frozen Vegetables Market Forecasted to Reach New Heights at US$ 55.8 Billion by 2032
Frozen Vegetables Market The global frozen vegetables market is set to witness growth at a CAGR of 5.6% over the forecast period (2022-2032) and reach a valuation of US$ 55.8 Bn by 2032. Frozen vegetables, with their extended shelf life in comparison to fresh counterparts, offer enhanced convenience for shipping globally, stored at sub-freezing temperatures. The market for ready-to-cook or ready-made …
Convenience Food Market Poised for Remarkable Growth at Nearly US$ 1,138.8 million by 2033.
Convenience Food Market The convenience food market is expected to have a delicious rise between 2023 and 2033, growing at an impressive 7.2% compound annual growth rate (CAGR). The fast-paced modern lifestyle and the growth of urbanization drive the need for convenient meal options that offer rapid and hassle-free preparation. The appeal of quick meals grows more alluring as …
Europe’s Pet Food Supplements Market Set to Fetch US$ 441.6 Million by 2033
Europe Pet Food Supplements Market Europe pet food supplements market Sales increased between 2018 and 2022 at a 4.7% CAGR As pets become cherished members of households, the European pet food supplements market experiences robust growth, Future Market Insights (FMI) forecasts a continued upward trajectory, with the market poised to grow at a CAGR of 5.9% …
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