The global drinkable yogurt market is projected to reach a USD 50 billion valuation by the end of 2022 on a high growth trajectory. With a compound annual growth rate of 6.5%, it is expected to expand even more rapidly, reaching an incredible USD 94 billion by 2032. The reason for this rise is probiotics, which …
Category Archives: F&B Analysis
Decoding the Sweet Success Navigating the Global Cocoa Powder Market Boom from 2022 to 2032 | FMI
The global cocoa powder market was valued at US$ 2.56 Billion in the year 2020 and is expected to witness a CAGR of 2.9% between 2022 and 2032. After the cacao beans’ cocoa butter is removed, a mixture known as cocoa powder is what’s left over. These days, chocolate syrup, chocolates, and confections require this powder. Cocoa …
Collagen Drinks Market Poised for a Dazzling Surge, Aiming for a Striking US$ 634.7 Million Valuation by 2033
The global collagen drinks market is forecast to expand at 9% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 266 million in 2023. Collagen drinks are considered the building blocks of bouncy and youthful-looking skin. The collagen levels start declining somewhere around 25 years of age. Aesthetic-conscious consumers …
The Booming Market of Ready-to-Use Supplementary Foods in the Global Fight Against Malnutrition
In 2022, the Sales of ready-to-use supplemental food are estimated to be valued around $643,2 million USD. The market is growing due to a number of factors, including the rising number of undernourished children in developing countries, growing awareness of malnutrition and its preventative measures, and the ongoing expansion of RUSF products from pharmacies, hospitals, UN …
Spreading the Health Exploring the Growth and Trends of the Global Spreadable Fats Market in 2023-2033 | FMI
Over the forecast period (2023 to 2033), the spreadable fats market is expected to grow at a pace of 7% compound annual growth (CAGR). Sales in the industry are expected to increase from US$ 17,637.80 million in 2023 to US$ 28,730.12 million by 2033. Solid fats that retain between 10% and 80% of their original thickness …
The Dairy-Free Trend A Deep Dive into the Growing Lactose-Free Cheese Market and Consumer Shifts Towards Plant-Based Alternatives
According to FMI, the global lactose-free cheese market size is anticipated to reach a US$ 676.3 million valuation by the end of 2022. The market is anticipated to grow between 2022 and 2032 at a CAGR of 8.4%. In 2032, its estimated worth will be US$ 1,515.1 million. According to FMI, 28% of individuals globally had a …
Fish Meal Alternatives: Riding the Wave of Veganism with a 7.10% CAGR Market Insights and Growth Opportunities
The fish meal alternative market iis expected to experience steady growth, with a projected CAGR of 7.10% between 2023 and 2033. The market is estimated to be valued at US$ 1,924.2 million in 2023, with an anticipated increase to US$ 3,674.0 million by 2033. This growth is attributed to the increasing adoption of healthier, vegan eating …
Kombucha Market Bubbles with Success, Anticipating a Bold US$ 13.7 Billion Valuation by 2033, Crafting a Fizzy Revolution in the Beverage World
The global kombucha market is going to reach US$ 17.1 billion by 2033, growing at a CAGR of 17.4% between 2022 and 2033. The kombucha drinks market is expected to generate an absolute dollar opportunity of approximately US$ 13.7 billion by 2033. Each year, unsafe alcohol consumption kills approximately 3 million people, accounting for 5.3% of all …
Europe Protease Market to Reach US$ 519.0 million by 2033| Future Market Insights Inc.
According to Future Market Insights (FMI), by 2023, the protease market in Europe is projected to be worth US$ 227.4 million. From 2023 to 2033, it is expected to accelerate at a CAGR of 8.5%. Sales of protease in Europe are anticipated to soar in 2033, valued at US$ 519.0 million. The food business has …
Compound Feed Market to Hit US$ 674.42 billion by 2033| Future Market Insights Inc.
The global compound feed market size is poised to exhibit monumental growth from 2023 to 2033. According to the research report published by FMI, the global market is projected to cross a valuation of US$ 418 billion in 2023. It is predicted to surpass a valuation of US$ 674.42 billion by 2033. The market is …