The probiotic yogurt market in Korea is experiencing remarkable growth, with a projected CAGR of 9.0% through 2033. Sales are expected to surge from US$ 193.3 million in 2023 to approximately US$ 456 million by 2033. This growth is driven by increasing awareness of the health benefits of probiotic yogurt and a rising emphasis on …
Category Archives: F&B Analysis
Animal Feed Market Poised for Growth: Expected to Reach USD 929.0 Billion by 2033
Animal Feed Market According to Future Market Insights (FMI), the global animal feed industry is experiencing robust growth, with a projected valuation of US$ 929.0 billion by 2033, driven by increasing global population and rising demand for animal protein. Economic development in emerging markets, expansion of aquaculture, and advancements in animal nutrition are key factors fueling market growth. …
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Hispanic Novelties Market Thrives with 9.7% CAGR, Valued at USD 205.8 Million by 2033
United States Hispanic Novelties Market The United States Hispanic Novelties Market is witnessing significant growth, with sales valued at US$ 80.9 million in 2023 and projected to grow at a CAGR of 9.7% through 2033, reaching a valuation of US$ 205.8 million. This market caters to the vibrant Hispanic community, offering culturally relevant products that celebrate heritage …
Truffles Market Set for Exponential Growth: Expected to Reach USD 906.3 Million by 2033
Truffles Market Future Market Insights (FMI) thorough analysis of the global truffle market is poised for substantial growth, with a projected CAGR of 8.9% during the forecast period, reaching a valuation of US$ 906.3 million by 2033. This growth is fueled by increasing consumer preferences towards gourmet cuisine, rising interest in truffle hunting and tourism, and …
Rice-based Products Market Set for Impressive Growth: Projected to Reach USD 379.86 Billion by 2033
The rice-based products market is poised for substantial growth, with a projected CAGR of 6.1% during the forecast period, reaching a valuation of US$ 379.86 billion by 2033. This growth is driven by factors such as increasing consumption of rice-based snacks and meals, growing awareness of rice’s health benefits, and expanding food outlets and restaurants. Rice-based …
Plant-based Bars Market Projected to Grow at 8.47% CAGR, Valued at USD 18.15 Billion by 2033
Plant-based Bars Market The plant-based bars market is experiencing robust growth, with a projected CAGR of 8.47% during the forecast period, culminating in a valuation of US$ 18.15 billion by 2033. The market is propelled by factors such as the rising vegan movement, increasing health consciousness among consumers, and the popularity of healthy snack options. Demand …
Organic Edible Oil Market Poised for 9% CAGR Expansion, Touching USD 7.43 Billion by 2033
Organic Edible Oil Market The global organic edible oil market is witnessing significant growth, with a projected valuation of US$ 7.43 billion by 2033, driven by various factors including increasing health consciousness, environmental concerns, and rising demand for plant-based products. Consumers are increasingly opting for organic edible oils due to their perceived health benefits, sustainability, and …
Fueling Growth: Feed Amino Acids Market Projected to Reach USD 13.34 Billion by 2033, Driven by Rising Demand for Protein-Rich Animal Feed
Feed Amino Acids Market The global feed amino acids market size is poised for substantial growth, with a projected value of US$ 13.34 billion by 2033, driven by the increasing demand for protein-rich animal feed. Amino acids play a crucial role in protein synthesis, making them essential for the development and growth of livestock. As populations …
Explosive Growth Predicted: Goat Milk Products Market to Reach USD 21.07 Billion by 2033, Driven by Nutritional Advantages and Increasing Consumer Awareness
Goat Milk Products Market The goat milk products market is projected to witness substantial growth, reaching a value of US$ 21.07 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 4.9% from 2023 to 2033. This growth is primarily attributed to the nutritional advantages of goat milk over other milk types and increasing consumer …
Baking Ingredients Market to Grow at 6.8% CAGR, Reaching USD 34.60 Billion by 2033
Baking Ingredients Market The global baking ingredients market is on track to exceed US$ 34.60 billion by 2033, with a projected Compound Annual Growth Rate (CAGR) of 6.8% from 2023 to 2033. In 2023, the market was valued at US$ 17.92 billion and is expected to witness significant growth due to factors such as rapid urbanization, product …