Spirulina Powder Market The global spirulina powder market size is projected to rise from US$ 461 million in 2024 to US$ 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR. Spirulina powder is extracted from spirulina, a blue-green algae that is found to be grown on freshwater bodies, making it …
Category Archives: F&B Analysis
Global Plant-Based Beef Market Anticipated to Reach USD 26.9 Billion by 2033
Plant-Based Beef Market The plant-based beef market, a fast-expanding segment of the food industry, is gaining momentum as consumers increasingly seek sustainable and healthier food alternatives. These innovative products replicate the taste, texture, and appearance of traditional beef using ingredients like soy, wheat, peas, and mushrooms. Recent market studies project the industry’s value to skyrocket …
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Citrus Gummies Market Expected to Hit USD 304.1 Million by 2033 – FMI Report
The global citrus gummies market is projected to grow steadily, valued at USD 194 million in 2023 and expected to reach USD 304.1 million by 2033, with a 5% CAGR. Citrus gummies are gaining traction as a tasty and convenient alternative to traditional vitamin supplements. Their tangy flavors and nutritional benefits appeal to health-conscious consumers …
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Astaxanthin Market Forecast to Reach USD 665.0 Million Globally by 2033, Driven by Food and Cosmetics Demand
According to Future Market Insights (FMI), global astaxanthin sales are estimated to be worth USD 273.2 million in 2024. The market is expected to reach USD 665.0 million by 2034. It is projected to surge at a CAGR of 9.3% in the forecast period 2024 to 2034. The growing demand for astaxanthin spans across aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and the food …
Food Irradiation Market Predicted to Grow at 6% CAGR Through 2033, Says FMI
The food irradiation market is predicted to be worth USD 312 million in 2023 and rise to USD 540.9 million by 2033. Initially, the global market was expanding at a CAGR of 3.3% from 2018 to 2022. The increasing prevalence of food poisoning linked to the consumption of adulterated food products has highlighted the urgent need for …
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Citrus Water Market Set for 17.1% CAGR, Projected to Exceed USD 51.9 Million by 2033
Citrus Water The citrus water market is expected to increase from USD 10.59 million in 2023 to USD 51.9 million in 2033. The Use of Citrus Water as a Fragrance in Cosmetics Amplifies Production Globally Citrus water is used to increase flavor in the food sector. It is mostly used to manufacture candies in the confectionery business. …
U.S. Citrus Pulp Market to Reach USD 287.2 Million by 2033 with Strong Growth in Food & Beverage Sector
The citrus pulp market refers to the global trade and consumption of citrus pulp, which is a byproduct of the citrus fruit processing industry. Citrus pulp is obtained from the remnants of oranges, lemons, grapefruits, and other citrus fruits after juice extraction. It is rich in fiber, pectin, and other nutrients, making it a valuable ingredient …
Global Ready-to-Use Therapeutic Food Market Forecasted to Reach USD 743.4 Million by 2033
As per the global ready-to-use therapeutic food market analysis report by FMI, the market valuation is expected to be around US$ 429 million in 2023. By the end of this forecast period, the global sales of ready-to-use therapeutic food are anticipated by FMI to generate revenues of around US$ 743.4 million. Undernutrition is responsible for around …
Sports Nutrition Market to Grow at an 11.5% CAGR Through 2033, Says FMI Report
According to Future Market Insight, the global sports nutrition market is likely to reach USD 61.66 billion by 2033, registering a CAGR of 11.5%. This is a considerable increase from its projected value of USD 20.77 billion in 2023. Global participation in sports and fitness activities is on the rise, with more people engaging in diverse exercise …
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Fish Feed Market to Grow Steadily at 3.5% Annually Through 2033: FMI
According to FMI, fish feed market is expected to reach USD 116,480 million by 2023. It is estimated that the market is poised to reach USD 163,530 million between 2023 and 2033, representing a CAGR of 3.5%. Fish feed consists of a blend of essential materials, additives, and supplements derived from both natural and synthetic sources, formulated …
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