The Dairy-free Evaporated Milk market has experienced remarkable growth in recent years, fueled by the rising demand for plant-based alternatives and dietary preferences. This innovative product provides a convenient dairy-free solution for various culinary applications, including baking, cooking, and coffee. Health-conscious consumers seeking lactose-free, vegan, and allergen-friendly options have embraced this alternative enthusiastically. With a CAGR of …
Category Archives: F&B Analysis
The Rise of Hyperlocal Grocery Delivery: Market Forecast and Consumer Trends
As per the market analysis at FMI, the hyperlocal grocery Delivery market is valued at USD 38.5 Billion in 2022 and is likely to reach USD 81.5 billion by 2032, flourishing at a promising CAGR of 7.8%. Being prevalent in consumer and local retail stores, hyperlocal grocery delivery platforms have gained popularity within the millennial generation …
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Crop Micronutrients Market Dynamics: Addressing Agricultural Productivity Challenges
The crop micronutrient market is likely to hold a valuation of USD 7.23 billion by 2033. As of 2023, the market value is USD 4.16 billion. As the demand for efficient agricultural inputs foresees growth, the Crop Micronutrient Market, too, is expected to grow by 7.4% from 2023 to 2033. Farmers worldwide are increasingly turning …
Halal Food Market Trends: Key Drivers and Global Growth Prospects
The halal food market size is anticipated to surpass USD 1,291,429.8 million in 2023 and is likely to attain a valuation of USD 3,229,805.32 million by 2033. The halal food market share is projected to thrive at a CAGR of 9.6% from 2023 to 2033. Halal cosmetics and personal care items can cross cultural barriers. Non-Muslim …
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Ezekiel Bread Market Overview: Consumer Preferences and Growth Opportunities
Ezekiel Bread Industry The Ezekiel bread market is experiencing a remarkable surge in popularity as health-conscious consumers seek nutritious and natural alternatives to conventional bread. Inspired by the biblical verse, Ezekiel bread is a sprouted grain bread, typically made from a blend of organic whole grains and legumes like wheat, barley, lentils, millet, and spelt. This unique …
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Curcumin food colors Market Trends, Applications, and Consumer Demand
Curcumin Food Colors Market Curcumin pigments find their application in food as well as personal care industrial products. The curcumin food color market is expected to reach a valuation of nearly USD 323 mn by the year 2032, pacing with a CAGR of 10.3% between 2022 to 2032. Sales of curcumin food color accounted for ~5.9% of the sales in …
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Sodium Citrate Dihydrate Market Trends: Growth, Applications, and Future Prospects
The sodium citrate dihydrate market is estimated to be worth USD 742.5 million by 2025 and is projected to reach USD 1,077.4 million by 2035, reflecting a CAGR of 3.8% over the assessment period 2025 to 2035. Sodium citrate dihydrate compound is soluble in water and is used handily in numerous places where a moderately acidic compound …
Market Outlook for Microbial Seed Treatment: Key Growth Factors and Innovations
In 2022, the global microbial seed treatment market achieved sales of USD 988.3 million. The industry saw a 9.8% year-on-year growth in 2023 and is expected to reach USD 1,191.5 million in revenue by 2024. From 2024 to 2034, the market is projected to grow at a compound annual growth rate (CAGR) of 12.5%, reaching an estimated USD 3,869.2 million by the end …
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Palm Mid-Fraction Market: Analysis of Growth Drivers and Emerging Trends
Palm Mid-Fraction is favored over other palm oil by-products for its superior shelf-life stability in end-use products. It is typically produced through the fractionation process, which separates its components, primarily stearin and olein. Double-fractionation of these phases results in palm mid-fraction, which is rich in tocopherol and carotene. This ingredient is primarily utilized in the production …
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Understanding the Growth Potential of the Lutein Market: Trends and Innovations
The global lutein market, valued at USD 392.1 million in 2024, is projected to reach USD 663.5 million by 2034, growing at a CAGR of 5.4% during the forecast period (2024-2034). Lutein, a natural carotenoid pigment, is highly sought after across multiple sectors, including pharmaceuticals, dietary supplements, food and beverages, personal care, and cosmetics. Sourced primarily from marigold …
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