The lager market is anticipated to grow at a CAGR of 3.1% and reach a value of US$ 512.26 billion by 2033 from US$ 380.73 billion in 2023. The main factor fueling the market expansion is the surge in alcohol consumption worldwide. The industry is growing because of the demand for premium and ultra-premium beer, …
Category Archives: F&B Analysis
Cloudifier Market: Transforming Culinary Experiences with Textural Innovation and Nutritional Enhancements | FMI
In 2023, the global cloudifier market is projected to be worth US$ 616.5 million. From 2023 to 2033, this market is expected to expand at a compound annual growth rate (CAGR) of 7.3%, ultimately reaching a market value of US$ 1,242.4 million. The global population’s shifting food choices are to blame for this enormous market expansion. …
Sweet Success Unveiling the Growth Trajectory of the Agave Nectar Market in the Global Health-Conscious Era | FMI
The Agave Nectar market has exhibited notable expansion in the past few years, fueled by its growing ubiquity as a natural sweetener. Agave nectar has become a popular substitute for refined sugars as consumers’ preferences for healthy options expand. Its versatility in various food and beverage applications further fuels the market’s expansion. Agave nectar sales are …
Chilling Success: Unraveling the Growth Trajectory of the Frozen Cheese Market Amidst Consumer Demand for Convenience
The Frozen Cheese market has been expanding rapidly, fueled by consumers’ growing need for convenience and longer shelf lives. The market offers a wide range of frozen cheese products to suit a wide range of gastronomic tastes. Packaging and distribution innovations have further fueled the industry’s growth, making it a thriving sector. From 2022 to 2032, the …
Fueling Growth The Global Industrial Alcohol Market and the Surging Demand for Sanitizers in a Cleanliness-Driven World
The industrial alcohol market is projected to reach $194.7 billion by 2032, with a 7.6% CAGR, fueled largely by increased demand for alcohol-based sanitizers due to heightened cleanliness concerns worldwide. Over the forecast period (2022–2032), the global industrial alcohol market is anticipated to rise at a compound annual growth rate (CAGR) of 7.6%, and by 2032, it …
Lycopene Food Colors: A Colorful Journey in Health-Conscious Consumption and Growing Market Trends | FMI
The global lycopene food colors market is with a projected increase of US$ 84 million in 2022 and US$ 257 million in 2032, at a compound annual growth rate (CAGR) of 10.7% between 2022 and 2032. The increasing usage of lycopene food colouring in beverages, packaged foods, dairy products, confections and baked goods, and cosmetics are …
Commercial Drink Mixers Market Set for Exponential Growth, Projected to Reach US$ 1208.1 Mn by 2032
According to Future Market Insights (FMI) research, the global commercial drink mixers market is expected to grow at a steady CAGR of 4.4% during the 2022 – 2032 period. The market value is projected to increase from US$ 784.5 Mn in 2022 to US$ 1208.1 Mn by 2032. ncreasing alcohol consumption is predicted to be …
Cattle Feeder Market Analysis by Regions, Types, Applications and Key Companies Contribution 2023-2033
It is estimated that the cattle feeder market is likely to be valued at US$ 2,980 million in 2023, and likely to reach US$ 4,240 million by 2033. During the forecast period, the demand is anticipated to expand at a CAGR of 3.5%. The increased consumption of meat protein and the increased emphasis on the quality …
Sheep Shearing Equipment Market Set for Huge Expansion during 2023-2033
The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period. Shearing machinery is used on farms to cut or remove wool from sheep’s bodies. The exceptional qualities of this equipment have increased …
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NPK Fertilizers Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2033
According to a report published by FMI, the global NPK Fertilizers Market will be valued at US$ 3.03 Bn in 2023. It is expected to grow at a CAGR of 3.9% during the forecast period, reaching a value of US$ 4.44 Bn by 2033. In addition to improving crop quality and yield, their use reduces application costs. Increasing public awareness of the benefits of NPK …