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The pet food microalgae market is forecast to expand at 5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 24 million in 2023. The pet food industry is in full bloom as the adoption of four-legged human friends is increasing steadily. An increase in pet owners …
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L-Carnitine Supplements Market According to a recent report by Future Market Insights, market research and competitive intelligence provider, in terms of revenue, The global L-carnitine supplements market is poised for substantial growth, projected to reach a valuation of USD 386 million by the end of 2033. This robust expansion reflects a compound annual growth rate (CAGR) of 6% over the …
Food Amino Acids Market The global food amino acids market is projected to have a moderate-paced CAGR of 9.3% during the forecast period. The current valuation of the food amino acids market is expected to worth US$ 8.1 billion in 2023. The value of the food amino acids market is anticipated to reach a high of US$ 19.6 billion, by the year …
The food glazing agents market size is poised to cross US$ 4,353.1 million in 2024 and is likely to attain a valuation of US$ 7,533.2 million by 2034. The food glazing agent market share is projected to develop at a CAGR of 6% from 2024 to 2034. The food glazing agents industry is experiencing a boom in demand for clean-label ingredients in response to increased customer …
Extruded Snacks Market The extruded snacks market is projected to be valued at US$ 79.1 billion in 2023 and is estimated to grow at US$ 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period. The growing demand for nutrient-rich snacks, changing consumers’ preferences, and craving spicy food …
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Food Grade Gases Market The total demand for food grade gases by industries worldwide surged 5.4% between 2019 and 2023, concluding at a sales valuation of US$ 7.4 billion. In 2024, the total production of food grade gas is estimated to be around US$ 7.8 billion in terms of value. Based on recent industry analysis reports, the …
According to Future Market Insights, the global Casein Peptone Market is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033, reaching a valuation of USD 395.6 million in 2023 and expected to hit USD 595.7 million by 2033. The market is also driven by trends such as the …
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The global algae fats market is projected to reach a valuation of USD 297.7 million in 2023, with a compound annual growth rate (CAGR) of 5% from 2023 to 2033. This growth is fueled by the rising demand for algae-based products across industries such as food, animal feed, and biofuels. Positioned as a key player …
Continue reading “Algae Fats Market Expected to Reach USD 484.5 Million by 2033, Says FMI Report”
The dairy ingredients market is projected to expand at a compound annual growth rate (CAGR) of 6% during the forecast period, according to FMI’s analysis. The market value is expected to rise from USD 66 billion in 2023 to USD 118 billion by the end of 2033. This market encompasses a wide range of …
After adjusting for the impact of the pandemic, the global Food and Beverage Disinfection Market saw an average growth rate of 3.5% between 2018 and 2022. According to the latest market analysis, this sector is expected to maintain a solid growth rate of 4.5% during the forecast period. FMI projects the global market for food …