According to Future Market Insights research, the global root beer market is expected to grow steadily. It’s projected that from 2022 to 2032, the market will grow at an average annual rate of 5.4%. This means the market value will increase from USD 861.1 million in 2022 to USD 1,457.0 million by 2032. Back in …
Category Archives: F&B Analysis
Cereal Bar Market Set to Exceed USD 22.64 Billion by 2034, Growing at 5.60% CAGR
Recent market research conducted by Future Market Insights has revealed that the cereal bar market is encountering a surge in deals, with a projected valuation of US$ 14.51 billion in 2024. This surging trend is largely attributed to the growing health concerns among consumers and their desire for innovative and flavorful snack options. The report …
Continue reading “Cereal Bar Market Set to Exceed USD 22.64 Billion by 2034, Growing at 5.60% CAGR”
Natural Flavors Market Set to Achieve USD 12070.20 Million by 2032, Says Future Market Insights
The market for natural flavours is expected to develop at a 6.6% compound annual growth rate (CAGR) between 2022 and 2032, with revenues of US$6400 Mn in 2022 and US$12070.20 Mn in 2032. Natural flavors are organic-based raw materials often used in the processing of food. They act as ingredients to enhance the taste of food products. For …
Nutmeg Oil Market Expected to Surge to USD 713.73 Million by 2032, According to Future Market Insights, Inc.
The nutmeg oil market is anticipated to reach US$ 713.7 million in 2032, growing at a 6.5% CAGR. In 2022, the market is anticipated to be worth US$ 378.8 million. The demand for nutmeg oil is rising as more companies recognize the nutritional and therapeutic benefits of these oils. Consumption of nutmeg oil will increase because it …
Glutamic Acid Market Set for Steady Expansion, Aiming for USD 15,787.8 Million by 2033
The global glutamic acid market size is estimated to be valued at US$ 10,160.6 million in 2023. The overall demand for glutamic acid market is poised to grow at a steady CAGR of 4.7% between 2023 to 2033, totaling a market valuation of US$ 15,787.8 million by 2033. The glutamic acid market has enormous development potential due …
Genetically Modified Food Market Growth Expected to Reach 6.5% CAGR by 2033, According to FMI Study
The market for genetically modified food is anticipated to expand significantly between 2023 and 2033, with a CAGR of 6.5%. The market value significantly increased from US$ 109,173.6 million in 2023 to US$ 196,516.8 million by 2033, reflecting this expansion. The market’s observed CAGR of 5.8% from 2018 to 2022 denotes a consistent rate of growth, while …
Processed Meat Market Expected to Reach USD 634.5 Billion by 2033, Indicates FMI Analysis
The processed meat market is predicted to develop at an impressive 6.5% CAGR from 2023 to 2033, exceeding the lower 6.1% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the processed meat market, increasing the market value from US$ 349.5 billion in 2023 to US$ 634.5 billion by 2033. The …
Flax Seed Meal Market Set to Surge, Expected to Reach USD 18,613.0 Million by 2033
The flax seed meal market is projected to experience a moderate CAGR of 6.2% from 2023 to 2033. This growth rate surpasses the 5.6% CAGR observed between 2018 and 2022, indicating a notable surge in demand for flax seed meal. As a result of this increased demand, the market value is expected to rise significantly from US$ …
Canned Pasta Market Accelerates: Projected Growth at 4.7% CAGR, Expected to Reach USD 1,993 Million by 2033
The market for canned pasta is expected to achieve a spectacular valuation of US$ 1,993 million by 2033 and is now on a tasty trend. The market is driven by the rising demand for convenient and ready-to-eat food products, which is expected to rise at a steady compound annual growth rate (CAGR) of 4.7% between 2023 and …
Global Trends: Banana Bread Market Share Projected to Surpass USD 3,600.8 Million by 2033 with 14.1% CAGR : FMI Report
The banana bread market is predicted to reach a CAGR of 14.1% during the forecast period and a market value of USD 3,600.8 million by 2033. It is also foreseen to reach a market value of USD 959.9 million in 2023. This is mainly due to a growing consumer preference for healthier alternatives. Banana is very beneficial for heart health and …