As per the recent market research conducted by FMI, the citrus alcohol market is expected to surge at a CAGR of 7.9%. In 2023, the market size is projected to be US$ 1,272 million. By 2033, the figures are expected to cross US$ 2,276.9 million. Rapid urbanization has contributed to an increase in disposable income. This has also had …
Category Archives: F&B Analysis
Sales of Flavored Whiskey Market Set to Skyrocket: Forecasted to Reach US$ 57,052.3 Billion by 2033
According to an industry report, flavored whiskey market is expected to generate US$ 28,080 billion by 2023. Estimates indicate the market is forecast to reach US$ 57,052.3 billion between 2023 and 2033, representing a CAGR of 7.3%. Packaging that stands out on store shelves and attracts consumers who appreciate design and aesthetics can help whiskey brands improve …
Surge in Demand for Dinner Ready-to-Eat (RTE) Foods: Market Poised to Reach US$ 25.18 Billion by 2033
The global dinner Ready-to-Eat (RTE) food market is set for impressive growth, projected to increase at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2033. The market, valued at US$ 14,692 million in 2023, is anticipated to reach a staggering US$ 25,184.3 million by 2033. This growth is driven by evolving consumer …
Bottled Water Processing Equipment Market Growth & Demand Analysis | FMI Report
The global bottled water processing market has been projected to reach the valuation of over USD 392 Billion between 2019 and 2029, as indicated by a new Future Market Insights (FMI) report. Bottled water processing activities will remain strong amid the pandemic, as a lack of adequate clean drinking water continues to be a critical problem …
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Brewery Equipment Market Expected to Grow at 5.2% CAGR, Reaching USD 30.7 Billion by 2032 : FMI Report
Brewery equipment market analysis by Future Market Insights shows that global sales of brewery equipment experienced a year-on-year (YOY) growth of 4.8% in 2021 to total sales of USD 18.5 Billion. The global brewery equipment market will surge at a rate of 5.2% in the forecast period to surpass USD 30.7 Billion in revenue in 2032. Due to the …
Sugar Toppings Industry to Expand at 8.4% CAGR, Reaching USD 93,988.8 Million by 2032 | FMI Report
The global sugar toppings market is set to witness growth at a CAGR of 8.4% and top a valuation of USD 93,988.8 Million by 2032. The sugar toppings industry in the United States is stifled by government-imposed restrictions. The European Union is a large producer of beet sugar, especially in northern Europe. Northern France, Italy, UK, and Poland are the highest – …
Cheese Powder Market Demand to Surge with 14.2% CAGR, Topping USD 2,271.9 Million by 2033 : FMI Report
With a CAGR of 14.2% from 2023 to 2033, the global cheese powder market is predicted to expand significantly, outpacing the CAGR of 17.5% that was seen between 2018 and 2022. The market value of cheese powder is likely to expand significantly from USD 684 million in 2023 to USD 2,271.9 million by 2033 as a result of this huge increase in the growth …
Global Demand for Corn Wet Milling Services to Drive Market to USD 133,825.5 Million by 2033 | FMI Report
The global corn wet milling services market is forecasted to experience a steady CAGR of 4.9% throughout the forecast period, with a market valuation of USD 82,555.2 million in 2023 projected to surge to USD 133,825.5 million by 2033. Historically, experts from Future Market Insights have recorded a CAGR of 2.2% for this market. Corn wet …
Eubiotics Market Demand to Reach USD 6,322 Million by 2034: Promising Growth Driven by Rising Demand for Animal Health Solutions
The global eubiotics market is projected to attain a valuation of USD 6,322 million by 2034, advancing at a compound annual growth rate (CAGR) of 6.9% from 2024. With a market size anticipated to reach USD 4,533 million in 2024, eubiotics are becoming increasingly integral to the animal health industry. These feed additives play a …
The Global Macroalgae Market Projected to Expand from USD$ 9,302.6 Million in 2023 to USD$ 18,305.12 Million by 2033, With a Strong 7.8% CAGR
The global macroalgae market size is projected to increase from US$ 9,302.6 million in 2023 to US$ 18,305.12 million by 2033. Over the next ten years (2023 to 2033), global macroalgae sales are anticipated to soar at a 7.8% CAGR. Macroalgae or seaweed refers to large, multicellular species of algae. They have gained wider traction amongst consumers …