New Product Development
In 2023, the size of the global canthaxanthin market is anticipated to surpass a valuation of US$ 125.9 million. It is anticipated to expand even more between 2023 and 2033 at a CAGR of 6.9%. By the end of 2033, it’s expected to reach US$ 245.3 million. The growth of the convenience and processed food sectors is one of the …
Continue reading “Canthaxanthin Market Coloring Up: 6.9% CAGR to Reach $245.3 Million by 2033 | FMI”
Truffles Market Future Market Insights (FMI) thorough analysis of the global truffle market indicates that the market is valued at US$ 378.7 million in 2023, and is poised to witness impressive growth in the foreseeable future. The market is anticipated to expand at a CAGR of 8.9% during the projection period, reaching a market value of US$ 906.3 million by 2033. A variety …
Continue reading “Truffle Market Truffles Up: 8.9% CAGR to Reach $906 Million by 2033 | FMI”
Global vegan protein foods market is expected to be valued at US$ 10327 million in 2023 and to reach a valuation of US$ 19063 million by 2033. The demand for vegan protein foods is estimated to grow at a steady 7% CAGR, with the U.K., the U.S., China, and India emerging as key producers. Consumers’ growing interest in health …
The dairy-free cream market is projected to be worth US$ 413.9 million in 2023 and US$ 777 million in 2033. The United Kingdom, the United States, China, and India are expected to emerge as major producers as the demand for dairy-free cream is predicted to increase at a steady 7.2% CAGR. The demand for dairy free products …
According to FMI reports, the global reduced salt packaged foods market can soar at a rate CAGR of 5.5% from 2023–2033. The net worth of the market share of the reduced salt packaged foods industry is predicted from US$ 124.12 billion in 2023 to over US$ 212.01 billion by 2033. Consumer spending power has increased as awareness of health issues has increased, and …
Planetary Mixer Market According to a recent FMI report, planetary mixers market size is anticipated to cross a valuation of US$ 847.6 Mn in 2033. It is projected to grow at a CAGR of 4.5% between 2023 and 2033 and surpass US$ 545.8 Mn by the end of 2023. Increasing demand for healthy baked goods such as oats and whole-grain infused cookies or …
The Algae Products Market size is projected to be worth US$ 5.41 Bn in 2023 and surpasses US$ 9.15 Bn by 2033. The sales of algae products are estimated to grow at a CAGR of 5.4% during the forecast period. The rising adoption of algae in the pharmaceutical and nutraceutical industries has significantly influenced market growth. Furthermore, …
Food Service Industry The global food service industry size is likely to jump from US$ 3,483,539.5 million in 2023 to US$ 5,704,966.8 million by 2033. This projected expansion is anticipated to expand at a 5.3% CAGR in the demand for food services over the upcoming decade. Convenience, rising purchasing power, and the emergence of a variety of …
Hydrolyzed Whey Protein Market The worldwide Hydrolyzed whey protein market is expected to be valued at US$ 4,749.7 million in 2023 and is expected to reach US$ 8,175.5 million by 2033. A CAGR worth 5.6% is expected for the market during the 2023 to 2033 forecast period. Developing wellbeing cognizance among individuals, an expansion in the quantity …
Kid Snacks Market The kid snacks market is predicted to develop at an impressive 7.8% CAGR from 2023 to 2033, preceding the lower 2.7% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the Kid Snacks market, increasing the market value from US$ 61870.9 million in 2023 to US$ 131706.7 million …
