The hydrotreated vegetable oil market value is expected to rise from US$ 21.2 billion in 2024 to US$ 70.0 billion by 2034. This market is analyzed to surge ahead at a CAGR of 12.70% over the next decade. Surging demand for HVO, also known as ‘green biodiesel’ is achieving new milestones due to its environment-friendly characteristics. The use of hydrotreated vegetable oil is increasing …
Category Archives: F&B Analysis
Global Food and Grocery Retail Market Foresees to rise at an expected CAGR of 3.3% until 2034, FMI Analysis
The current valuation of the food and grocery retail market is US$ 12.4 trillion by 2024. The market valuation is estimated to be US$ 17.1 trillion by 2034, projected at a CAGR of 3.3%. Growing awareness about health and wellness has spurred demand for organic, natural, and health-conscious food products. Retailers catering to these preferences …
Vegan Pastry Market Projected to Achieve USD 491.5 Million by 2033, FMI Finds
The market for vegan pastry is anticipated to be worth US$ 298 million in 2023 and US$ 491.5 million by 2033. The United Kingdom, the United States, China, and India are expected to become major producers as the market for vegan pastry expands at a constant 6.2% CAGR. The use of organic and natural ingredients is a trend …
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Vegan Noodles Market Expected to Surge to USD 257.8 Million by 2033, According to FMI
The global vegan noodles market is expected to be valued at US$ 149.4 million in 2023 and to reach a valuation of US$ 257.8 million by 2033. The demand for vegan noodles is estimated to grow at a steady 6.2% CAGR, with the U.K., the U.S., China, and India emerging as key producers. The global vegan noodles market is …
Forecasting the Vegan Pasta Sauce Market: Achieving USD 97.7 Million Value by 2033
The Vegan Pasta Sauce Market is experiencing remarkable growth as health-conscious consumers seek plant-based alternatives. This trend is fueled by the rising awareness of environmental and ethical concerns related to animal products. Manufacturers are innovating by using ingredients like tomatoes, herbs, vegetables, and plant-based proteins to create flavorful and nutritious pasta sauces. The vegan pasta sauce market is expected …
Tapioca Market Expected to Expand to USD 6.3 Billion by 2033, Future Market Insights, Inc. Reports
In 2023, the Tapioca Market Share was estimated to be worth US$ 4.1 Bn. By 2033, it was estimated to be worth US$ 6.3 Bn. This is expected to further boost the market share of tapioca and generate a CAGR of 4.4%. Agroecological adaptability and producing higher yields at a lower investment, cassava plants are helping end-use …
Natamycin Market Expected to Surge, Anticipated to Reach USD 102.7 Million by 2032
According to Future Market Insights, the global natamycin market is estimated to reach a value of US$ 61.0 Mn in 2022. Furthermore, overall natamycin sales are slated to increase at 6.8% CAGR between 2022 and 2032, surpassing a valuation of US$ 102.7 Mn by 2032. Demand for natamycin is expected to rise dramatically as a result of its use in numerous sectors, including …
Vegan Desserts Market Projected to Hit USD 6698.4 Million by 2033, as Stated by Future Market Insights, Inc.
The global vegan desserts market is projected to grow from its 2023 estimate of US$ 3205.07 Mn to US$ 6698.4 Mn by 2033. Increases in veganism’s popularity, increased interest in vegan desserts, and continued market study all contribute to the growth of the vegan desserts industry. As a result, the forecast calls for an 8.5% CAGR in …
Rising Demand for Plant-Based Creamers Propels Market Growth in the USA Forecasted to Reach USD 1,601.4 Million by 2033
USA Plant-Based Creamers Market According to Future Market Insights (FMI), the USA plant-based creamers market is witnessing significant growth, with a projected value set to surge from US$ 618.5 million in 2023 to a remarkable US$ 1,601.4 million by 2033. This substantial increase reflects a robust Compound Annual Growth Rate (CAGR) of 9.8% from 2023 to 2033. …
USA Yeast Extracts Market Poised for Growth to Reach USD 2,868.6 Million by 2033
USA Yeast Extracts Market According to Future Market Insights (FMI), the USA yeast extracts market is expected to be valued at US$ 1,291.3 million in 2023. It is anticipated to reach US$ 2,868.6 million by 2033, and record a CAGR of 8.3% from 2023 to 2033. Yeast products are readily accessible and highly processable, contributing significantly to their substantial demand across various sectors, notably cosmetics, food, …
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