According to the recent FMI report, the sales for global soy protein concentrate are expected to surpass a value of USD 4.5 Billion in 2032, rising at a CAGR of around 9.2% through the end of 2032. As a result of the invention of the soy protein concentrate, the use of soybeans in cattle and poultry diets has increased in …
Category Archives: F&B Analysis
Global Ready-to-Drink (RTD) Tea Market Size Poised for Significant Growth, Projected to Reach USD 72.9 Billion by 2033
The global ready-to-drink (RTD) tea market is experiencing robust growth, capturing a valuation of USD 34.3 billion in 2023 and projected to reach an impressive USD 72.9 billion by 2033. This growth is driven by an increasing consumer demand for healthy substitutes for carbonated drinks, registering a CAGR of 8% during the forecast period. The …
Vegan Cheese Industry Size on a Robust Growth Trajectory, Valued at USD 8,231 Million by 2034
The global vegan cheese market is poised for substantial growth, with projections indicating that the market will reach a valuation of USD 8,231 million by 2034, up from USD 3,467 million in 2024. This represents a robust compound annual growth rate (CAGR) of 9% over the forecast period. The rising popularity of veganism, coupled with …
Global Artificial Sweetener Market Size Set for Growth: Expected to Reach USD 3,600 Million by 2034
The global artificial sweetener market is set to witness substantial growth, with projections from Future Market Insights (FMI) indicating that the market will reach a valuation of USD 3,600 million by 2034. This growth, at a steady compound annual growth rate (CAGR) of 2.9%, marks a significant increase from the estimated USD 2,710 million in …
Sourdough Market Surges to US$ 411.2 Million by 2034: A Rising Trend in Artisanal Baking
In the recent edition of the sourdough market, FMI predicts a CAGR of 4.40% through 2034. The market is has the potential to surge from US$ 267.8 million in 2024 to US$ 411.2 million by 2034. Western Europe is the largest market for sourdough, contributing for roughly 38% of overall revenues in 2022. Sourdough use in Western Europe’s food …
Alcohol Industry Analysis in India: A Comprehensive Study of the US$ 112,338.9 Million Market in 2034
Alcohol Industry Analysis in India is poised for substantial growth, with a projected valuation of US$ 112,338.9 million by 2034, marking a significant rise from US$ 55,840.0 million in 2024. The Indian alcohol market experienced growth over the study period as a result of growing levels of urbanisation, population growth (particularly in metropolitan areas), and rising disposable income. …
Projected Growth: Carrageenan Gum Market Expected to Reach US$ 1,355.7 Million by 2032
Carrageenan Gum market is growing as a result of its numerous uses in cosmetics, medications, and food. Its function as a thickening and natural stabilizer is a great fit for the growing market for products made from plants. It is anticipated to increase at a 4.0% CAGR from $915.9 million in 2022 to $1,355.7 million in …
Exploring the Macadamia Milk Market: Growth Trends and Opportunities for 2032
According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of macadamia milk are estimated to reach a value of USD 51.3 Mn by 2032, surging at 5.4% CAGR through the decade. The growing public awareness of the health benefits of nuts and dried fruits has been a driving factor in …
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Hazelnut Milk Market : Emerging Uses, Innovative Trends, and Growth Strategies Towards 2032
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of hazelnut milk are estimated to reach a value of USD 195.2 Mn by 2032, surging at 10% CAGR through the decade. The term “hazelnut” refers to a species of the genus Corylus. Unshelled hazelnuts are available in whole, diced, …
Plant-Based Food Market Poised for 12.2% Annual Growth, Expected to Reach USD 35.9 Billion by 2033
According to Future Market Insights’ new report, the global plant-based food market is anticipated to exceed US$ 11.3 billion in 2023. Total market size is expected to reach US$ 35.9 billion by 2033. Sales of plant-based foods are projected to escalate at a CAGR of 12.2% over the forecast period (2023 to 2033). Rising trend of veganism and flexitarians worldwide is providing a strong …