Trace Minerals in Feed Market The trace minerals in feed market is on a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period. Sales of trace minerals in feed are expected to rise from US$ 552.67 billion in 2023 to US$ 926.04 billion by 2033. This growth is …
Category Archives: F&B Analysis
Rapid Growth Projected: Organic Foods Market Set to Surge: Sees 12.1% CAGR Growth by 2033
Organic Foods Market The organic foods market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period, reaching an estimated value of US$ 553.15 billion by 2033. This surge is primarily driven by a growing consumer inclination towards healthier lifestyles, heightened environmental awareness, and increasing demand for …
Starter Feed Market Set to Witness Remarkable Growth, Projected to Reach USD 54.31 Billion by 2033
The global starter feed market catering to the nutritional needs of young livestock and poultry, is experiencing robust growth, driven by factors such as increasing health consciousness, evolving lifestyles, and rising demand for protein-rich animal products. With an estimated CAGR of 5%, the market is anticipated to surge from US$ 33.34 billion in 2023 to US$ …
Cold Cuts Market: A Thriving Industry Set to Reach USD 1,073.66 Billion by 2033
Cold Cuts Market The global cold cuts market is valued at US$ 483.71 billion in 2023, is projected to witness robust growth, reaching a valuation of US$ 1,073.66 billion by 2033, with a steady CAGR of 8.3%. Urbanization, changing consumer lifestyles, and increasing awareness of healthier food options are driving the market’s expansion. Consumers are increasingly …
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Rising Tides: Exploring the Lucrative Growth Opportunities in the Global Rum Industry by 2033
Global rum market valued at US$ 17.4 billion in 2023, is set to witness steady growth at a rate of 3.5% annually, reaching a total value of US$ 24.5 billion by 2033. Fueled by growing consumer demand for alcoholic beverages and the emergence of cocktail culture, the rum industry is experiencing significant expansion worldwide. Key …
Plant-Based Ingredients Market Poised for Remarkable Growth, Forecast to Reach USD 9.3 Billion by 2033
Ingredients Market for Plant-based Food & Beverages The ingredients market for plant-based food & beverages is experiencing significant growth, with an estimated valuation of US$ 2.3 billion in 2023, projected to soar to US$ 9.3 billion by 2033. This remarkable growth, driven by a robust CAGR of 15%, is fueled by factors such as increasing health …
Ready To Drink (RTD) Tea Market: Mapping the Journey to USD 72.9 Billion by 2033
The ready-to-drink (RTD) tea market is registering a valuation of USD 34.3 billion in 2023 and is estimated to reach USD 72.9 billion by 2033. The market is capturing a CAGR of 8% during the forecast period. Growing Popularity of Green Tea Upsurge the Global Market? People are fond of green tea, which is increasing the global market during the forecast period. …
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RTD Cocktails Revolutionizing the Market, Projected to Hit USD 56,652.7 Million by 2034
According to Future Market Insights (FMI), the RTD cocktail market is expected to be valued at USD 35,321.4 million in 2024 and USD 56,652.7 million by 2034. The demand for RTD cocktails is likely to increase at a CAGR of 4.8% from 2024 to 2034. Consumers’ growing demand for ready-to-drink cocktails that save time and effort is a …
Fruit Powders Market Expansion: Anticipated to Hit USD 36.4 Billion by 2033
The fruit powder market is poised to witness at a 7.6% CAGR during the forecast period. The market for fruit powder is expected to expand from USD 17.5 billion in 2023 to USD 36.4 billion by 2033. Increased consumer desire for year-round seasonal crops and food products with a long shelf life is driving the expansion of the fruit powder industry. The …
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Pet Food Microalgae Market Heading for USD 38.3 Million by 2033
The pet food microalgae market is forecast to expand at 5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 24 million in 2023. The pet food industry is in full bloom as the adoption of four-legged human friends is increasing steadily. An increase in pet owners …
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