According to Future Market Insights, the vegan pasta market is expected to reach USD 176 million by 2023. From 2023 to 2033, the market is expected to generate USD 421.6 million, representing a 9.9% CAGR. With animal-based products becoming more popular, many consumers are becoming increasingly aware of what a detrimental impact they have on the environment, …
Category Archives: F&B Analysis
Coconut Milk Products Market to Hit USD 2.74 Billion by 2033, Growing at 7.8% CAGR
The coconut milk products market is projected to reach USD 1.2 billion in 2022, driven by growing health concerns and changing customer preferences. With a CAGR of 7.8% from 2023 to 2033, the market is expected to reach USD 2.74 billion by 2033. The rising demand for coconut milk products in the food and beverage industry can be …
Citrus Powder Market Forecast: Key Growth Drivers, Demand Trends, and Leading Companies Through 2029
According to the FMI analysis, oranges were used in the production of roughly 40% of the citrus powder that was marketed globally in 2029. The increase in demand for oranges as a raw material in the citrus powder market is mostly related to a steady rise in orange production. Leading companies in the citrus powder industry are …
Emerging Trends in the Breakfast Takeout Market: Key Growth Drivers and Future Outlook
The breakfast takeout market is projected to reach a valuation of approximately USD 95,086.4 million in 2023, with an expected compound annual growth rate (CAGR) of 7.4%, potentially growing to USD 186,148.9 million by 2033. This growth is largely driven by increasing health concerns among consumers, highlighting breakfast as a vital meal. From 2018 to 2022, the market experienced a CAGR of 7.3%. …
Cultured Meat Market: A Revolution in Sustainable Protein Production
The cultured meat market, especially within the poultry segment, has experienced significant growth in recent years. Valued at USD 2.1 billion in 2022, the market has expanded to USD 2.3 billion in 2023, demonstrating strong upward momentum. Looking ahead, the forecast for 2033 is even more optimistic, with projected sales revenue reaching USD 8.2 billion, indicating a robust compound …
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The Halal Ingredients Market: Addressing Consumer Preferences and Global Demand
The global halal ingredients market size is expected to reach USD 335,014 million by 2024, with a steady growth projected at 3% CAGR. By 2034, the market is anticipated to expand further, reaching a total value of USD 451,467 million. Companies in this sector are addressing the unique needs of the growing global Muslim population. By adhering to Islamic dietary guidelines, …
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Silicon Fertilizers Market: Enhancing Crop Productivity and Soil Health
The silicon fertilizer market is slated to reach USD 131 million in 2024. Over the forecast period, the market is projected to expand at 3.1% CAGR, to reach USD 178 million by 2034. The silicon fertilizer market is propelled by growth in the agriculture sector, which is being driven by the expanding global population, especially in emerging economies. Additionally, governments worldwide are …
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Exploring the Flax Milk Market: Innovations and Demand for Plant-Based Alternatives
According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of flax milk is expected to be valued at USD 47 million in 2024. The sector’s progress is expected to be at a CAGR of 4.5% from 2024 to 2034. By the end of the forecast period, the flax milk industry …
Animal Feed Additives Market to Grow at 6.9% CAGR, Projected to Reach USD 2034, FMI Reports
The global Animal feed additives market (Mercado de aditivos para piensos animales) is projected to increase from USD 55,842.2 million in 2024 to USD 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034. Feed additives are substances incorporated into animal diets to enhance the quality of feed, improve the quality of animal-derived food products, …
Aloe Vera Extracts Market to Reach USD 7.3 Billion by 2033, According to FMI Assessment
The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of USD 3.5 billion in 2023 and USD 7.3 billion by 2033. Aloe vera extraction is employed to create powders, gels, capsules, beverages, and concentrates. Consequently, the consumption of Aloe …