The canned soup market has witnessed significant growth in recent years due to the convenience it offers to consumers. Canned soups are a quick and easy meal option, saving time and effort in the kitchen. With an increasing number of working individuals and busy lifestyles, the demand for ready-to-eat meals is soaring. Additionally, the pandemic has further …
Category Archives: F&B Analysis
Dairy Whiteners Market Expected to Grow at 6.1% CAGR by 2033, According to FMI Analysis
The dairy whiteners market to be worth US$ 11.06 billion by 2023, expanding at a CAGR of 6.1% from 2023 to 2033. By 2033, the dairy whiteners industry is expected to reach US$ 19.29 billion. The demand for dairy whiteners is being fueled by an increase in tea consumption and the health advantages of these products. The …
Industrial Chocolate Market Set to Achieve USD 87.68 Billion by 2033 | Future Market Insights Inc.
According to forecasts, the global industrial chocolate market may reach USD 57 billion by 2023, recording a 4.4% CAGR. By 2033, the market is expected to reach USD 87.68 billion. In the food and beverage industry, resolution is being driven by heightened awareness of food brands. Companies are being encouraged to introduce novel items by the …
A Comprehensive Analysis of the Vegan Sashimi Market: Projected Worth of USD 104.9 Million in 2023, with Growth Forecast to USD 218.8 Million by 2033
Vegan Sashimi Market is anticipated to be worth USD 104.9 million in 2023 and USD 218.8 million by 2033. The United Kingdom, the United States, China, and India are expected to emerge as major manufacturers as the market for Vegan Sashimi expands at a constant 8.5% CAGR. Increasing awareness and concern for the environment, animal welfare …
The Global Frozen Fruit Bars Market Overview: Analysis of Market Valuation and Growth Opportunities Through 2032
The global frozen fruit bars market is on a promising growth trajectory, projected to exceed a valuation of USD 22 million by the end of 2032. From a base value of USD 13 million in 2021, the market is expected to reach USD 14 million in 2022, creating an absolute dollar opportunity of over USD 14 million. …
Exploring Growth Opportunities in the Meal Replacement Shake Market: USD 5,189.6 Million Valuation in 2024
The meal replacement shake market is growing rapidly, aiming to reach USD 5,189.6 million by 2024, which is higher than before. In the past ten years, it has consistently increased and is expected to continue growing at a rate of 5.7% per year until 2034. Looking towards 2034, meal replacement shake consumption is anticipated to …
The Global Omega-3 Concentrates Market: Projected Growth to USD 5.3 Billion by 2032
The global market for omega-3 concentrates is anticipated to grow significantly, with a projected CAGR of 7.5%, reaching USD 5.3 billion by 2032 from an initial valuation of USD 2.4 billion in 2022. Increasing consumer expenditure on healthy foods and dietary supplements in developed and developing economies is expected to drive the future demand for …
Market Expansion: Reduced Fat Cheese Expected to Reach USD 158.28 Billion by 2032
The reduced fat cheese market is projected to grow at a CAGR of 3.8% during the forecast period, with market share expected to reach USD 158.28 billion by 2032, up from USD 101.17 billion in 2020, driven by rising urbanization and increasing demand for healthy products. Demand for reduced-fat cheese is increasing as people strive for …
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Exploring Market Dynamics: Forecasted Positive CAGR for Encapsulated Sodium Bicarbonate in Bakery Applications
Encapsulated sodium bicarbonate is manufactured by coating the surface of sodium bicarbonate salt with hydrogenated vegetable oil. The significance of encapsulation is that it controls the chemical activity and release of carbon dioxide, thereby enhancing the quality of the product. Encapsulated sodium bicarbonate also plays an important role in the manufacturing process by reducing the …
Global Vanillin Market to Reach USD 1,362.5 Million by 2034, Growing at 6.9% CAGR | FMI Projection
The vanillin market was valued at USD 300 million in 2023 and is expected to reach a global market size of USD 1,362.5 million by 2034, increasing at a CAGR of 6.9% between 2024 and 2034. By 2024, the market for vanillin is likely to reach a valuation of USD 699.5 million. The market is expanding …