New Product Development
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 …
Continue reading “Collagen Drinks Market Poised to Surge to US$ 634.7 Million by 2033 at a 9% CAGR”
The North American market for vegan tuna is poised to experience a Compound Annual Growth Rate (CAGR) of 4.2% from 2022 to 2032. As per a recent report from FMI, the sales of vegan tuna are projected to exceed USD 426.8 million by the year 2032, demonstrating an approximate 4.3% CAGR until the end of the forecast …
The Portable Sandwich Marker Market is expected to escalate at a CAGR of 11.6% from USD 797.4 Million in 2022 to USD 2387.2 Million through 2032. The portable sandwich maker market is witnessing a surge in demand due to the growing trend of on-the-go eating habits and the need for quick and convenient meal options. This compact and handy …
The potato soup market on a global scale is poised for expansion, with a projected Compound Annual Growth Rate (CAGR) of 8.9%, reaching an estimated valuation of US$ 1.7 billion by 2032, as reported by Future Market Insights (FMI). The accelerated pace of modern retail, coupled with the increasing emphasis on providing nutritionally balanced and convenient food …
The organic acid market is expected to reach a valuation of US$ 11.3 Bn in 2022. Sales of organic acids are anticipated to increase at a CAGR of 5.3%, reaching a valuation of US$ 18.8 Bn by 2032. Organic acid is used in the food and beverage sector as a preservative to prolong the shelf life of food without altering its taste or flavour. It …
The anticipated size of the global market for food sterilization equipment is set to reach US$ 850 million by the year 2032, exhibiting a steady growth at a 5.7% Compound Annual Growth Rate (CAGR) throughout the forecast period. The escalating concerns related to food safety in both the food and beverage industry and the foodservice sector on …
As per Future Market Insights, the projected sales for canned soup are anticipated to achieve a valuation of US$ 5.3 billion by the year 2032, experiencing a notable growth at a 6.6% Compound Annual Growth Rate (CAGR) within the forecast period spanning from 2022 to 2032. Canned soup, crafted with fresh vegetables and meat, has gained heightened …
Continue reading “Canned Soup Market to Hit US$ 2.8 Billion by 2022 with a 6.6% CAGR | FMI Study”
The dairy whiteners market to be worth US$ 11.06 billion by 2023, expanding at a CAGR of 6.1% from 2023 to 2033. By 2033, the dairy whiteners industry is expected to reach US$ 19.29 billion. The demand for dairy whiteners is being fueled by an increase in tea consumption and the health advantages of these products. The …
The global demand for almond milk is expected to experience growth from its estimated US$ 5895.8 million in 2024 to US$ 14193.79 million in 2034. The almond milk market is projected to advance at a 9.2% CAGR over the projected period. The revenue growth in the vanilla almond milk industry can be attributed, in large part, to …
The UHT milk market is expected to be worth US$ 69.09 billion in 2023 and to thrive at a CAGR of 6%. With a growing emphasis on health and wellness, UHT milk sales are predicted to reach US$ 119.792 billion by 2033. The UHT milk industry can benefit from the growing popularity of healthy alternatives to on-the-go …