The global potato flake market is estimated to be worth USD 8,056.80 million in 2024. Well-established popularity of processed food and snacks is making sure the demand for potato flakes remains strong. There is thus a firm base for the market to progress. Through the year 2034, potato flake demand is set to progress at a CAGR of 4.8%. …
Category Archives: F&B Analysis
Vanilla Bean Market Growth to Witness Surge: Valuation to Hit USD 1.93 Billion by 2033 | FMI
During the forecast period, the global vanilla bean market size is expected to grow at a 4.4% average CAGR. In 2023, the market is anticipated to have a share of USD 1.26 billion. By 2033, it is projected to reach a value of USD 1.93 billion. Vanilla is widely used in the food and beverage industries as a flavouring for …
Bee Venom Extract Market Growth: Poised for a 5.0% CAGR, Market to Reach USD 618.6 Million by 2033 | FMI
The global bee venom extract market is estimated to be valued at USD 378.0 million in 2023 and is anticipated to reach nearly USD 618.6 million by 2033. This growth is driven by a compound annual growth rate (CAGR) of 5.0% from 2023 to 2033. The increasing use of bee venom in modern medicine due to its anti-inflammatory properties and potential …
Mycoprotein Market Growth to Achieve USD 1.33 Billion by 2034 with 6.2% CAGR | FMI
The global mycoprotein market size will reach a valuation of USD 720.7 million in 2024, driven by culinary innovation and chef endorsements. The trend is set to create new opportunities for the market, leading to a projected CAGR of 6.2% between 2024 and 2034, and reaching a total valuation of approximately USD 1.3 billion by 2034. The growing number of people adopting vegan …
Kids’ Food and Beverages Market Share Poised to Reach USD 253.3 Billion by 2033 with 6.2% CAGR | FMI
The global market for kids’ food and beverages is on a rapid growth trajectory, projected to soar from USD 138.8 billion in 2023 to an impressive USD 253.3 billion by 2033. This significant expansion, at a CAGR of 6.2%, underscores the increasing demand for health-focused and convenient food options for children. The kids’ food and beverages industry is complex, catering to the …
Growing Demand from Food Industry to Propel 2 Piece Cans Market, Reports Future Market Insights
Canned food products have become a staple in many diets worldwide, particularly in regions where refrigeration options are limited. As the food industry continues to evolve, the demand for food cans, especially 2 piece cans, has witnessed a significant upsurge. The 2 Piece Cans Market is witnessing robust growth, driven by increasing demand for convenient and sustainable …
Global Cling Film Market to Reach US$ 2,197.6 Million by 2033 | FMI
The global cling film market is anticipated to experience steady growth in the coming years, driven by a multitude of factors. The burgeoning demand for convenient and hygienic food packaging solutions is a primary driver. Busy lifestyles and a heightened focus on food safety are propelling the use of cling film for household food storage …
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Plant-Based Meatballs Market Ascending: Forecasted to Flourish at an Impressive 18.3% CAGR Through 2033
The global plant-based meatballs market stands at a valuation of US$ 138.2 million in 2023 and is predicted to expand rapidly at a prodigious CAGR of 18.3% from 2023 to 2033, reaching US$ 391.2 million by 2033. The public’s awareness of plant-based non-vegetarian alternatives is rapidly increasing, and more consumers are demanding these goods for their medical benefits, such as the …
Flour Substitutes Market Forecast: Trends and Preferences for Gluten-Free and Healthy Options Through 2032
As per FMI, the global flour substitutes market size is expected to grow from 26,322.3 Mn in 2022 to US$ 42,066.5 Mn by 2032, with overall sales accelerating at 4.8% CAGR throughout the forecast period. Rising demand for gluten-free products along with increasing prevalence of allergies and celiac disease is a key factor driving growth in the …
Vegan Probiotics Market Set for Explosive Growth, Projected to Reach USD 11.8 Billion by 2032
According to a recent research report by Future Market Insights, the global vegan probiotics market is estimated to reach a valuation of US$ 11.8 Bn by 2032. The market is projected to reach US$ 5.1 Bn by the end of 2022 and exhibit growth at a CAGR of 8.8% in the forecast period from 2022 to 2032. Beneficial bacteria, also known as friendly bacteria, dwell …