The global normal and specialty fats market is worth US$ 39.5 Billion as of now and is expected to reach US$ 74.15 Billion by the year 2033 at a CAGR of 6.5% between 2023 and 2033. The bakery and confectionery vertical constitutes a noteworthy consumer base regarding normal and specialty fats; which, in turn, are seen in …
Category Archives: F&B Analysis
Europe Plant-Based Meal Kit Market to Reach Over USD 2.7 Billion by 2033 | Future Market Insights, Inc.
According to Future Market Insights’ latest analysis, the Europe plant-based meal kits market is forecast to be valued at US$ 1,067.0 million in 2023. Total plant-based meal kit sales across Europe are slated to exhibit an impressive CAGR of 10.1% over the forecast period, totaling a valuation of US$ 2,789.0 million by 2033. Growing trend of veganism, rising demand for plant-based diets, and …
Full-service Restaurants Market Projected to Reach USD 1.93 Trillion by 2033, According to Future Market Insights, Inc.
The full-service restaurant market is predicted to be worth US$ 1.51 trillion in 2023, rising to US$ 1.93 trillion by 2033. The demand for full-service restaurants is anticipated to mark a CAGR of 2.5% during the projected period. Full-service restaurants have become increasingly popular due to their wide range of menu options, relaxed atmosphere, and personalized service. …
Sugar Confectionery Market to Achieve USD 81.07 Billion by 2033, Insights from Future Market Insights
The sugar confectionery market is anticipated to reach a value of US$ 81.07 billion by 2033, representing a CAGR of 4.3% from 2023 to 2033. The market is estimated to be worth US$ 53.21 billion in 2023. The market has seen steady growth over the years due to several factors. One of the key drivers of the …
Global Starter Cultures Market Set to Reach USD 2,154.3 Million by 2033 with a 6.1% Annual Growth
The worldwide sales of starter cultures, which were previously estimated to be worth around US$ 1,123.1 million in 2022, are now expected to boost up. Currently, in the year 2023, the global starter cultures market value is figured out to be around US$ 1,191.6 million. Further, it is expected to develop with a higher average CAGR …
Carrageenan Market Projected to Achieve USD 1.5 Billion by 2033, According to Future Market Insights, Inc.
The worldwide sales of carrageenan were estimated to be around US$ 935.9 million in 2022, in terms of value. As per the global carrageenan market survey report, it is expected to rise at a rate of 4.8% during the forecast period. By registering such a fair CAGR, the overall valuation of the market is projected to reach …
Vodka Market Forecasted to Hit USD 68.25 Billion by 2033, According to Future Market Insights
The vodka market has witnessed steady growth over the years, fueled by increasing consumer demand and a growing cocktail culture. The market size is influenced by factors such as changing consumer preferences, expanding urbanization, and increasing disposable incomes. Vodka consumption has become more prevalent in emerging economies, contributing to the market’s expansion. The vodka market is anticipated to reach …
Vegan Asian Food Market Expected to Reach USD 30.8 Billion by 2033, According to FMI
The vegan Asian food market is forecasted to be worth US$ 18,196.8 million in 2023 and to reach a worth of US$ 30,806.3 million by 2033. The demand for vegan Asian food is predicted to rise steadily with a CAGR of 6%. As incomes rise in Asia, the disposable income of consumers has increased to spend on …
Vegan Sauce Market to Grow at a 6.7% CAGR Through 2033, Says Future Market Insights, Inc.
The global vegan sauce market is expected to be valued at US$ 285 Million in 2023 and reach a valuation of US$ 545 Million by 2033. The demand for vegan sauce is estimated to grow at a steady 6.7% CAGR during the forecast period. The vegan sauce market is witnessing several trends such as the growing demand for convenience. Consumers are increasingly looking …
Europe Food Premix Market Expected to Surge with 9.5% CAGR from 2023 to 2033 | Future Market Insights, Inc.
The Europe Food Premix Market refers to the industry that deals with the production and distribution of food premixes in the European region. Food premixes are custom blends of essential nutrients, vitamins, minerals, amino acids, and other functional ingredients that are added to various food and beverage products during their manufacturing process. Additionally, regulatory initiatives by the …