The food acidulants market is valued at US$ 2.6 billion in 2023 and is estimated to reach a value of US$ 4.5 billion by 2033, registering a CAGR of 5.4% during the forecast period. The rising disposable income and growing demand for clean-label products and processed food are increasing the market share. Furthermore, the demand for food …
Category Archives: F&B Analysis
Herbs and Spices Market Poised to Reach US$ 244 Billion by 2034, Driven by Increasing Utilization in Food Industry
The herbs and spices market size is forecast to grow at a CAGR of 3.6% between 2024 and 2034. The market is expected to incline from US$ 171,563.1 million in 2024 to US$ 244,124.7 million by 2034 end. The accelerating utilization of herbs and spices in food items is fueling market expansion. The Herbs and Spices …
Imitation Whipped Cream Market Poised to Reach US$ 2.15 Billion by 2034, Driven by Growing Demand for Health-Conscious Consumers and Dairy-Free Food Trends
By 2024, the market for imitation whipped cream sales of artificial food preservatives hold a current valuation of US$ 1.24 billion in 2024. The demand could rise and equate to a market valuation of US$ 2.15 billion, expanding at a CAGR of 5.6% by 2034. The plant-based food alternatives offer a softer and smoother texture …
Spice Oils and Oleoresins Market Set to Surpass US$ 3.5 Billion by 2033, Fueled by Growing Demand in Food and Beverage Sector
According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million. Significant Aspects Driving the Growth of the …
Citrus Pulp Market to Reach US$ 287.2 Million by 2033, Driven by Rising Demand for High-Quality Animal Feed and Versatile Applications in Food, Beverage, and Packaging Industries
The citrus pulp market is anticipated to be worth US$ 180.97 million in 2023 and US$ 287.2 million by 2033. Citrus pulp demand is anticipated to maintain a constant CAGR of 5.9%. The demand for natural and healthy ingredients is increasing as consumers become more health conscious. Citrus pulp feed is a natural and organic ingredient that …
Affordable Protein Power US$ 6.5 Billion Surimi Market Driven by Health and Cost-Conscious Consumers | FMI
According to Future Market Insights (FMI), the global surimi market is set to be valued at US$ 3,572.7 million in 2023. Over Between 2023 and 2033, there is a forecasted ten-year compound annual growth rate (CAGR) of 6.1% for the global surimi market. By 2033, the total market valuation is expected to reach US$ 6,548.3 million. A balanced diet and …
Product Innovation & Premiumization Growth of unique flavors, natural ingredients, and convenience formats fuels market expansion
The global zero sugar beverages market estimated at US$ 3.3 billion in 2023, is set to surge at a rapid 14.7% CAGR, reaching around US$ 13.2 billion by 2033. Because of premiumization, there is now less of a divide between upscale and mainstream markets, giving all customers access to distinctive and cutting-edge goods. Manufacturers of sugar-free …
Product Innovation & Distribution Expansion of product formats and distribution channels fuels market growth | FMI
The market for frozen seafood is anticipated to be worth US$ 19,382.3 million by the end of 2023. It is set to expand at a CAGR of 6.8% from 2023 to 2033. The market is expected to generate US$ 37,398.5 million in contributions by 2033. Over the past few decades, there has been a notable growth in …
Natural Energy & Wellness Rising demand for yerba mate as a healthy coffee alternative with growing health awareness | FMI
Yerba Mate Market experiences notable expansion as a result of growing demand for natural energy boosters and increased health consciousness. Global public knowledge of its health benefits is growing, as are innovative product releases and expanding distribution channels, all of which are driving the market. The beverage is quite well-liked as a coffee substitute due …
Sustainability Growing popularity of natural ingredients and new product development creates exciting market opportunities | FMI
The Food Aroma Market is seeing rapid expansion, fueled by a rising desire from customers for distinctive and sensory-rich dining experiences. It is anticipated that developments in food technology and the growing global foodservice sectors will propel market expansion. Important drivers include rising disposable incomes, evolving consumer tastes, and a growing emphasis on natural flavors. The …