The global citrus pulp fibre market is anticipated to reach a market value of USD 322.5 million by 2033, expanding with a CAGR of 6.8%. Sales of fibre pulp are likely to account for a notable part of the demand in the global food processing market in 2023. FMI predicts that this is due to the …
Category Archives: F&B Analysis
Healthy Oils Drive Growth: Edible Oils and Fats Market to Surpass US$ 226.68 Billion by 2033 with 6.4% CAGR
Edible Oils and Fats Market The global edible oils and fats market is experiencing robust growth, poised to generate an estimated US$ 121.90 billion in 2023, with expectations to surge beyond US$ 226.68 billion by 2033, reflecting a remarkable CAGR of 6.4%. This flourishing market is witnessing a paradigm shift towards healthier options, with vegetable and olive …
Fitness Trainers Embrace Fish Collagen Peptides Beverages: Post-Workout Drink Innovation Set to Drive Market Growth
The fish collagen peptides market is predicted to capture a valuation of US$ 783.75 million in 2023, and is projected to rise to US$ 1,217.14 million by 2033. The market is estimated at a CAGR of 4.5% during the forecast period. The rising bone damage, weakness, and nutrition deficiencies increase the demand for fish collagen peptides. The manufacturers …
Japan’s Rum Market on the Rise: Sales Projected to Grow at 1.8% CAGR with Focus on Organic Ingredients
Rum sales in Asia Pacific are expected to reach US$ 3.2 billion by 2033. It is expected to become a key consumer and a leading rum manufacturer. According to a report by Future Market Insights, Japan rum Market in is set to surge at a CAGR 1.8% in the next ten years. Size of the global rum market is projected at US$ …
Dark Chocolate Leads the Way: Market for Chocolate Flavors Expected to Grow at 4.7% CAGR Through 2033
The chocolate flavors market is anticipated to reach US$ 651.50 million in revenue by 2033 from its predicted value of US$ 411.58 million in 2023. During this period, the market is estimated to register a CAGR of 4.7%. The beneficial flavonoids found in cocoa, which give chocolate flavors their distinct taste, are widely recognized. The antioxidant properties of the chocolate flavors include …
Plant-based Food & Beverage Ingredients Revolutionize Digestive Health and Dietary Balance, Reports FMI
Ingredients Market for Plant-based Food & Beverages The ingredients market for plant-based food & beverages is predicted to capture a valuation of US$ 2.3 billion in 2023 and is projected to rise to US$ 9.30 billion by 2033. The market is estimated at a CAGR of 15% during the forecast period. Increasing disposable income and changing lifestyles …
U.S. Vegetarian Taquitos Market to Grow at 6% CAGR Through 2033 Amid Rising Popularity of Mexican Cuisine
The United States vegetarian taquitos market is slated to expand at 6% CAGR between 2023 and 2033. The popularity of Mexican cuisine in the United States has been steadily increasing, thanks to its unique flavor combinations and bold spices. This trend is likely to accelerate as Americans are exposed to the traditional flavors and recipes. This will …
Lentil Bread Market Set for Robust Expansion: Projected to Grow at 8.1% CAGR, Reaching US$ 1249.2 Million by 2033
The lentil bread market is projected to reach a value of $616.5 million by 2023 and is expected to continue growing, reaching a value of $1249.2 million by 2033. The sales of lentil bread are expected to experience steady growth, with a projected CAGR of 8.1%. The lentil bread market is witnessing a surge in demand for plant-based protein sources as …
Fresh and Nutritious On-the-Go: Cold Cuts Market Poised to Reach US$ 1,073.66 Billion by 2033
Cold Cuts Market The global cold cuts market is witnessing significant growth, poised to reach a valuation of US$ 1,073.66 billion by 2033, driven by key factors such as expanding urban populations, rising on-the-go food demand, and heightened consumer awareness due to travel exposure. The market’s evolution is marked by notable trends, including the shift from frozen to fresh …
Consumer-Driven Customization Propels Growth in the Catering Services Market: Insights from FMI Report
As per the market survey report, the catering services business worldwide generated a revenue of around US$ 565 million in the year 2018. Though the market followed a steeply rising curve in the following years, the average CAGR until 2022 has been brought down to 1.2%. This tragic downfall in demand for catering services was a consequence …