According to estimates, phytochemical sales worldwide are estimated to reach US$ 7,436 million in 2023. In a detailed industry analysis, the global phytochemical market is projected to register a CAGR of 7.1% and reach US$ 14,821 million by 2033. Phytochemical applications are expected to continue to grow in a variety of end-use sectors, including food and beverages, nutraceuticals, and pharmaceuticals. While the …
Category Archives: F&B Analysis
Nuts Market Outlook Projected Valuation of USD 104,693.3 Million by 2034
The global nuts market value is estimated to reach US$ 64,272.60 million in 2024. The market is projected to reach US$ 104,693.3 million by 2034. The sales of nuts are expected to rise at a CAGR of 5% through 2034. Consumers are increasingly seeking healthy, nutritious food options and the rising awareness about the health benefits of nuts is driving growth in the …
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Market Dynamics Exploring the Expansion of Algae-Based Food Additives 2023 to 2033
As per the recent research report by Future Market Insights (FMI), sales of algae-based food additives market are estimated to reach a value of US$ 349.1 million by 2033, surging at an 8.3% CAGR through the forecast period 2023 to 2033. The algae-based food additive market is anticipated to attain a value of US$ 157.3 million by 2023. In the ever-evolving landscape of the …
Specialty Shortenings Market Forecasted to Achieve USD 7.1 Billion Revenue by 2032, Growing at 4.5% CAGR
The global specialty shortenings market is said to register a CAGR of 4.5% from 2022 to 2032, intended to earn revenue of US$ 7.1 Bn by 2032, up from US$ 4.6 Bn in 2022. Specialty shortenings are the fatty substances that are majorly used in the bakery and confectionery products. The use of specialty shortenings enables to …
Mussel Oils Market Dynamics: Trends, Demand, and Strategic Growth Initiatives by 2032
The demand for mussel oils is expected to be worth US$ 36 million in 2022 and US$ 47.5 million from 2022 to 2032, growing at a CAGR of 3%. Growth is ascribed to a rise in consumer interest in dietary supplements made with mussel oils. Mussel oil derived from the green-lipped mussel has been identified as a source of 25 different fatty acids, of which the omega-3 fatty acids comprise a significant composition. Thus, mussel oil has many health benefits and is widely used in dietary supplements and the cosmetics industry. Ask for Comprehensive Report Sample: https://www.futuremarketinsights.com/reports/brochure/rep-gb-8468 Mussel Oils Market: Dynamics The …
Whey Basic Protein Isolates Market Set to Reach USD 956.2 Million by 2032
The market for whey basic protein isolates is anticipated to reach US$ 431.5 Million in 2022 and increase steadily between 2022 and 2032 at a CAGR of 16.6%. Sales of whey basic protein isolates are expected to rise in the future due to rising health and wellness consciousness among people throughout the world. According to FMI, the …
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Rising Demand for Global Cellular Nutrition Market 7.2% CAGR by 2033
The worldwide cellular nutrition market is valued at US$ 586.2 million in 2023 and is anticipated to reach US$ 1,182.4 million by 2033. Over the assessment period, global cellular nutrition demand is likely to increase at a CAGR of 7.2%. Demand is expected to remain high for amino acids and proteins during the forecast period. This is due to these nutrients’ critical role …
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Insights into the Global Moringa Extract Market: From USD1.24 Million to USD4.98 Million by 2033
The moringa extract market is expected to expand from US$ 1,243.6 million in 2023 to US$ 4,986.4 million by 2033. Between 2023 and 2033, sales will likely soar at 14.9% CAGR. Driving Forces of the Moringa Extract Market: The rising adoption of a plant-based lifestyle will likely drive demand for moringa extract throughout the projection period. As more people shift to …
Bakery Ingredient Market Projected to Grow at a 6.7% CAGR Through 2033 Driven by Continuous Innovations in the Bakery Industry | Future Market Insights, Inc.
The global bakery ingredient market value is expected to rise from US$ 20,795 million in 2023 to US$ 39,867 million by 2033. This estimated growth is expected to be driven by a healthy CAGR of 6.7% in the global bakery ingredient market over the next decade. Sales for bakery ingredients are predicted to run parallel to the positive consumer trends, such as …
Cheese Alternatives Market Set to Expand at 8.3% CAGR, Reaching USD 9.6 Billion by 2032
The cheese alternative market share is expected to grow at a CAGR of 8.3% and reach a valuation of US$ 9.6 Bn by 2032. The cheese alternative market outlook is projected to grow as consumers are on the lookout for healthy alternatives to dairy products due to the rise in cases of obesity & hypertension and adopting …