The Canned Foods Market is witnessing steady growth, with a projected value-based CAGR of 4.2% from 2023 to 2033. Starting with a market share of USD 16.3 billion in 2022, it is expected to grow to USD 17 billion by 2023 and further to USD 25.6 billion by 2033. The convenience, longer shelf life, and increasing …
Category Archives: F&B Analysis
Global Ice Cream Coating Market Expected to Reach USD 4,819.0 Million by 2033 with 3.3% CAGR
The global demand for ice cream coatings is expected to reach USD 3,486.1 million in 2023, with projections indicating a 3.3% compound annual growth rate (CAGR) leading to a value of USD 4,819.0 million by 2033. This growth is driven by rising global demand for ice cream products. From 2018 to 2022, the ice cream …
Exploring the Global Beetroot Powder Market’s Expansion to USD 741.7 Million by 2033, Driven by Nutritional Advantages and Diverse Applications
According to projections, the global beetroot powder market, valued at USD 474.7 million in 2023, is expected to grow significantly due to expanding nutritional benefits and a diverse range of applications. The market’s overall sales of beetroot powder products are anticipated to achieve a robust compound annual growth rate (CAGR) of 4.6% from 2023 to …
Bean Flour Sector to Achieve 6.4% CAGR, Reaching USD 5,209.5 Million by 2033
The bean flour market is expected to grow from USD 2788.7 million in 2023 to USD 5209.5 million by 2033, with a CAGR of 6.4% from 2023 to 2033. The bean flour market is undergoing a significant transformation driven by increasing demand for plant-based and healthier alternatives. Both health-conscious consumers and culinary experts are showing keen …
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Catalase Market Outlook: Projected Growth to USD 516.6 Million by 2032 at 2.9% CAGR
The global catalase market is forecasted to grow from USD 387.4 million in 2022 to USD 516.6 million by 2032, with a projected compound annual growth rate (CAGR) of 2.9% during the forecast period spanning from 2022 to 2032 Continuous development in the field of biotechnology has led to innovations of varied enzymes that possess …
Sodium Phosphate Demand Surges with 4.9% CAGR Toward USD 666.8 Million by 2032
The sodium phosphate market is anticipated to reach approximately USD 666.8 million by 2032, showing significant growth from USD 412.3 million in 2022. This growth trajectory reflects a forecasted compound annual growth rate (CAGR) of 4.9% over the projected period. The increasing demand for sodium phosphate is driven by its extensive applications, particularly in food …
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Exploring the Future of Synthetic Food Colors Expected Revenue Projection of USD 1,145 Million by 2034
The synthetic food color market is set to achieve USD 678 million by 2024 and is anticipated to expand at a 5.4% CAGR over the following decade. By 2034, revenue from synthetic food colors, also referred to as artificial food colors, is projected to rise sharply to USD 1,145 million, propelled by growing social media …
The Global Bakery Product Market Expected to Achieve USD 354.02 Billion with a Sluggish CAGR of 3.80%
The estimated market leap of the bakery product market is at a CAGR of 3.80%, which promises the market to reach USD 354.02 billion by 2034. Moreover, by 2024, the market is expected to reach USD 244.14 billion. Due to rapid urbanization, the speed of an individual’s life has also increased. As a result, people have started to rely more on …
Exploring the Future of Freeze-Dried Pet Food From USD 18.25 Billion in 2024 to USD 29.59 Billion by 2034
The freeze-dried pet food market share is estimated to show consistent growth throughout the forecast period, expanding at a CAGR of 5%. The freeze-dried pet food market value is expected to expand from USD 18,250.07 million in 2024 to USD 29,589.7 million by 2034. Pet humanization is a key trend driving force in the growth of …
Long-term Outlook The Frozen Pet Food Market to Hit USD 25.6 Billion by 2034
The frozen pet food market is projected to grow at a compound annual growth rate (CAGR) of 5.2% throughout the assessment period. It is anticipated that in 2024, the market will achieve revenues of approximately USD 15,351.24 million. Looking forward to the end of 2034, the market size is forecasted to increase to USD 25,595.4 …
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