As per a recent research report by FMI, a market research and competitive intelligence provider, sales of polylactic acid (PLA) market are estimated to reach a value of US$ 3.1 Bn by 2032, surging at 11.9 % CAGR throughout the evaluation period from 2022 to 2032. Growing demand for PLA in the manufacturing of bio-based, biodegradable plastics is a key trend that …
Category Archives: F&B Analysis
Food Antioxidants Market Poised for Rapid Expansion Set to Reach USD 5.25 Billion by 2033
Food Antioxidants Market The food antioxidants market is experiencing substantial growth, projected to reach USD 5.25 billion by 2033, with a CAGR of 5.2%. This growth is fueled by a variety of factors, including rising consumer awareness of the health benefits of antioxidants and growing demand for natural ingredients. Consumer Awareness and Preference for Natural Antioxidants: Consumers …
Polylysine Market Projected to Expand at 10.1% CAGR by 2034 Amid Growing Preference for Natural Preservatives | Future Market Insights
The global polylysine market is estimated to reach a valuation of US$ 728.6 million in 2024. Over the forecast period, global polylysine demand will likely grow at 10.1% CAGR, taking the overall market size to US$ 1920.1 million by 2034. Demand is expected to remain high for powdered polylysine throughout the forecast period. This is due to its advantages, like versatility and …
Plant-Based Eggs Market Poised for Growth, Projected to Reach USD 684.3 Million by 2033
The plant-based eggs market is anticipated to be worth US$ 1613.1 million in 2023 and US$ 3984.5 million by 2033. The United Kingdom, the United States, China, and India are expected to emerge as major producers, with the demand for plant-based eggs predicted to increase at a steady 10.6% CAGR. Companies are investing more in research and …
Surging Health Consciousness and Innovation Propel Global Organic Foods Market to USD 553 Billion by 2033
Organic Foods Market The organic foods market is poised for substantial growth, with its valuation projected to rise from USD 176.51 billion in 2023 to USD 553.13 billion by 2033, registering a robust CAGR of 12.1% during the forecast period. This remarkable expansion is driven by increasing consumer health consciousness, government support for organic farming, and …
Growing Demand and Innovations Drive the Global Draught Beer Chiller Market Expected to Reach USD 2,514 Million by 2033
Draught Beer Chiller Market According to Future Market Insights, the global draught beer chiller market size is set to expand significantly, with its valuation projected to increase from USD 1,782.2 million in 2023 to USD 2,514.0 million by 2033, advancing at a CAGR of 3.5%. The surge in draught beer consumption worldwide is the primary force …
Global Sports Drink Market to Hit USD 43.6 Billion by 2033, Boosted by Popularity of Fruit-Flavored and Rehydration Products | FMI Insights
According to Future Market Insights, the global sports drink market size will reach US$ 30,634.10 Mn in 2023 and further grow at 6.0% CAGR throughout the forecast period (2023-2033). Overall sales of sports drinks are projected to total US$ 43,631.75 Mn by the end of 2033. Growing health consciousness among consumers coupled with increasing consumption of sports drinks is a key factor driving the global …
Postbiotic Pet Food Market Projected to Hit USD 1,231.58 Million by 2033 with a 6% CAGR
According to a recent report by FMI, the global postbiotic pet food market is expected to grow at a CAGR of 6%. The market is estimated to surge from a valuation of nearly US$ 856.40 Mn in 2023 to US$ 1,231.58 Mn by the end of 2033. The postbiotic pet food market is expected to grow significantly …
Rising Trends and Demands in the Global Squash Drink Market to Reach USD 1,563.5 Million by 2033
Squash Drink Market The global squash drink market is on a promising growth trajectory, with its valuation projected to increase from USD 1,069 million in 2023 to USD 1,563.5 million by 2033, advancing at a CAGR of 4%. The market is driven by a growing consumer preference for plant extracts and botanical ingredients, which are integral to …
Tocopherol Market Set to Reach USD 32.66 Billion by 2033 | FMI
Tocopherols Market The tocopherol market is projected to achieve a valuation of US$ 32.66 billion by 2033, growing at a robust CAGR of 7.4% from its 2023 valuation of US$ 15.99 billion. This growth is driven by increasing health awareness and the rising prevalence of chronic diseases. Surging Demand Linked to Chronic Diseases The rise in …
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