The vegan Asian food market is forecasted to be worth US$ 18,196.8 million in 2023 and to reach a worth of US$ 30,806.3 million by 2033. The demand for vegan Asian food is predicted to rise steadily with a CAGR of 6%. As incomes rise in Asia, the disposable income of consumers has increased to spend on …
Category Archives: F&B Analysis
Global Forage Market Poised for 5.2% Annual Growth Through 2033, According to FMI
The worldwide sales of forage analysis, which was recorded to be worth US$ 651.6 million in 2018, but were estimated to have reached US$ 777.1 million by 2022. The annual growth rate was revised to 4.5% from 2018 to 2022 due to the altered business environment following the pandemic. The net worth of the global forage …
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Packaged Currants Market Projected to Reach USD 1.2 Billion by 2033, Driven by a Consistent 4.8% Annual Growth
The Packaged Currants Market is witnessing steady growth as consumer awareness regarding the health benefits of these small yet potent berries continues to rise. Currants, rich in antioxidants, vitamins, and fiber, have gained popularity among health-conscious individuals seeking nutritious and versatile food options. Packaged currants, available in dried, frozen, and freeze-dried forms, cater to the convenience-seeking segment. …
Middle East Food Premix Market Projected to Expand at 10.1% CAGR through 2033, Driven by Increasing Global Vitamin Deficiency Concerns | FMI
As per a recent research report published by Future Market Insights, a market research and competitive intelligence provider, sales of food premixes in the Middle East are estimated to reach a value of US$ 512 million by 2033. The market is anticipated to record a CAGR of 10.1% over the forecast period. Premixes are becoming immensely popular because they are becoming …
Europe Pet Food Market Expected to Reach USD 61.2 Billion by 2033, Fueled by Increasing Trends in Pet Humanization: Future Market Insights
According to Future Market Insights’ latest report, the Europe pet food market is anticipated to reach US$ 36.4 billion by 2033. Overall pet food sales across Europe are set to increase at a moderate CAGR of 5.3% over the forecast period of 2023 and 2033. One of the key factors facilitating the pet food demand in the region is the growing …
Gluten-Free Demand Drives Cider Market to Anticipated USD 27.3 Billion by 2033 | Future Market Insights, Inc.
The cider market is anticipated to reach a valuation of US$ 17.9 billion by 2023 and a projected valuation of US$ 27.3 billion by 2033, as demand for cider surges with a steady 5.1% CAGR. Increased per capita income and drinking as a status symbol have contributed to a rise in the demand for premium spirits, which is one …
Carrageenan Market Projected to Hit USD 1.5 Billion by 2033, Predicts Future Market Insights, Inc.
The worldwide sales of carrageenan were estimated to be around US$ 935.9 million in 2022, in terms of value. As per the global carrageenan market survey report, it is expected to rise at a rate of 4.8% during the forecast period. By registering such a fair CAGR, the overall valuation of the market is projected to reach …
Vodka Market Projected to Reach USD 68.25 Billion by 2033, According to Future Market Insights
The vodka market has witnessed steady growth over the years, fueled by increasing consumer demand and a growing cocktail culture. The market size is influenced by factors such as changing consumer preferences, expanding urbanization, and increasing disposable incomes. Vodka consumption has become more prevalent in emerging economies, contributing to the market’s expansion. The vodka market is anticipated to reach …
Vegan Sauce Market Trends: Exploring Health Benefits and Environmental Impact Leading to Growth by 2033
The global vegan sauce market is expected to be valued at US$ 285 Million in 2023 and reach a valuation of US$ 545 Million by 2033. The demand for vegan sauce is estimated to grow at a steady 6.7% CAGR during the forecast period. The vegan sauce market is witnessing several trends such as the growing demand for convenience. Consumers are increasingly looking …
Phytochemical Market Thrives: Forecasted Growth to $14,821 Million by 2033
Phytochemical Market The worldwide phytochemical sales is witnessing substantial growth, with a projected market value of USD 14,821 million by 2033, driven by a healthy CAGR of 7.1%. Phytochemicals, derived from plants, find applications across various sectors such as food & beverages, nutraceuticals, and pharmaceuticals. The market is propelled by the increasing demand for natural and plant-based …
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