With lactose intolerance in the general populace hitting an all-time high, plant-based alternatives to milk and milk products are garnering tremendous admiration, pushing the overall Soy milk market valuation to a staggering US$ 6,877.4 million by 2024. To respond to this demand, brands in the market are also formulating novel flavors and variants on a regular basis. Vegan dietary preferences …
Category Archives: F&B Analysis
Portable Sandwich Maker Market Expected to Exceed USD 2387.2 Million by 2032, According to FMI Report
The portable sandwich maker market is witnessing a surge in demand due to the growing trend of on-the-go eating habits and the need for quick and convenient meal options. This compact and handy appliance allows users to whip up delicious sandwiches within minutes, making it an ideal choice for busy individuals, students, and travelers. The market is …
Meat Snacks Market Poised to Hit USD 19.25 Billion by 2034, According to FMI Report
With the increasing meat consumption globally, the meat snacks market is poised to gain a valuation of US$ 13.01 billion by 2024. During the forecast period, the demand for meat snacks will develop with a 4% CAGR. A valuation of US$ 19.25 billion is likely to be reached by the meat snacks market by 2034. The …
Industrial Mixer Market Expanding at a CAGR of 7.8% during the forecast period 2022 to 2032
According to Future Market Insights (FMI), the overall industrial mixer sales are expected to surpass a value of US$ 2.4 Bn in 2022, rising at a CAGR of around 7.8% between 2022 and 2032. An industrial mixer is a machine used to combine materials on a large scale. Industrial mixers do mixing two or more materials at a large scale …
Food Sterilization Equipment Market on Track for 5.7% CAGR, Anticipated to Value USD 850 Million by 2032
The food sterilization equipment market is witnessing significant growth due to increasing consumer demand for safe and healthy food products. With rising concerns over foodborne illnesses, food manufacturers are focusing on implementing advanced sterilization techniques to ensure product safety. The adoption of new technologies like irradiation, heat treatment, and chemical sterilization is driving the market’s expansion. The …
Food Processing Equipment Market Set for 4.4% CAGR Growth, Aiming for USD 74.66 Billion by 2034
The food processing equipment market is anticipated to be valued at US$ 48.58 billion by 2024. The market valuation is expected to be US$ 74.66 billion by 2034, projected at a CAGR of 4.4%. Driven by the surge in demand for processed food products, technological advancements, and uproar investments in the food and beverage industry, the market …
Dairy Processing Equipment Market Forecasted to Reach USD 18.3 Billion by 2034 with a 5.5% CAGR, According to FMI Report
According to different dairy processing equipment market growth drivers, the market will navigate its progress path at a moderate pace, projecting a CAGR of 5.5% and reaching US$ 18.3 billion by 2034. The dairy processing equipment market will be valued at US$ 10.7 billion by 2024. Government initiatives will drive the market, including offering subsidies, incentivizing dairy …
Gluten-Free Pasta Industry on Track to Reach USD 18 Billion by 2033, According to FMI
In recent years, the gluten-free diet has gained significant popularity as more people become conscious of their dietary choices and seek healthier alternatives. One particular segment that has witnessed remarkable growth is the gluten-free pasta market. The increasing awareness about gluten-related health issues has prompted several individuals to adopt gluten-free diets. Notably, millennials and Gen-Zs, who …
UHT Milk Market Projected to Hit USD 119.792 Billion by 2033: Surge Driven by Health and Fitness Trends
The UHT milk market is expected to be worth US$ 69.09 billion in 2023 and to thrive at a CAGR of 6%. With a growing emphasis on health and wellness, UHT milk sales are predicted to reach US$ 119.792 billion by 2033. The UHT milk industry can benefit from the growing popularity of healthy alternatives to on-the-go …
Liquor Confectionery Market Forecasted to Reach USD 1,002.0 Million by 2033 with 5.0% CAGR
The liquor confectionery market is expected to reach a value of US$ 603.0 million in 2023 and is projected to grow to US$ 1,002.0 million by 2033, with a significant CAGR of 5.0% during the forecast period. The market is driven by the increasing trend of preparing handmade confectioneries at home using liquor as a prominent ingredient, …