The pea protein market is experiencing a surge in popularity, driven by the rising demand for plant-based alternatives. Consumers are increasingly seeking healthy, sustainable, and ethical food options, and pea protein fits the bill perfectly. Market Size and Growth: The global pea protein market size is projected to reach US$ 1,604.3 million in 2024. It will likely exhibit a …
Category Archives: F&B Analysis
Edible Nuts Market Expected to Exceed USD 191.3 Billion by 2033, FMI Predicts
As the World Goes Nuts about Nuts, Edible Nuts Market to Surpass USD 191.3 Billion by 2033 Nowadays With CAGR of 7.9%, consumers worldwide are considering nutrient-rich and healthy foods for maintaining fitness and preventing diseases. As a result, edible nuts have become popular due to their high content of antioxidants, proteins and multiple essential vitamins. The popularity of whole …
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Cassia Gum Market to Reach USD 33.2 Billion by 2034, Boosted by Plant-Based Food Demand, Says FMI
To enhance the overall texture of various kinds of desserts and food, cassia gum is required widely in the food and beverage sector. In light of this demand, the cassia gum market is valuation will reach USD 33.2 billion by 2034, garnering a 7.60% CAGR from 2024 to 2034. Organic and plant-based products are the reason for the continued growth of cassia …
Forage Seeds Market to Surpass USD 30.99 Billion by 2033, Driven by Increasing Meat and Poultry Consumption
According to Future Market Insights, Inc. (FMI), the global forage seeds market is likely to be valued at US$ 12,132.9 million in 2023 and is anticipated to reach US$ 30,996.9 million by 2033. Overall forage sales are poised to surge at a CAGR of 9.8% from 2023 to 2033. Rising demand for meat and poultry products across the world is a prominent factor expected to drive the global …
Antioxidants Market Set to Grow to USD 5.3 Billion by 2033, Expanding at 9.1% CAGR, FMI Reveals
In 2022, the antioxidants market was expected to be worth close to USD 2.11 billion. The market would be influenced by a variety of factors all throughout the course of the anticipated period, including the growing global population, rising packaged goods demand, and the pharma industry’s spectacular growth. It is expected to have generated USD 5.3 …
Food Preservatives Market to Reach USD 5.7 Billion by 2033, According to FMI Analysis
The food preservatives market refers to the industry involved in the production and distribution of substances used to prevent food spoilage and extend its shelf life. Food preservatives are added to various food products to inhibit the growth of bacteria, yeast, and molds, thereby maintaining their freshness, quality, and safety. The market for food preservatives has witnessed …
Gin Industry Surge: FMI Predicts USD 31.99 Billion Market by 2033
The gin market refers to the global industry involved in the production, distribution, and consumption of gin, a distilled spirit that is primarily flavored with juniper berries and other botanicals. Gin has a rich history that dates back centuries, and it has experienced a resurgence in popularity in recent years. Several factors have contributed to the growth …
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Stevia Market to Exceed USD 739.4 Million by 2034, Forecasts FMI
The global stevia market is on a promising growth trajectory, anticipated to surge from USD 405.6 million in 2024 to USD 739.4 million by 2034, with a projected CAGR of 6.2%. Stevia’s market is developing due to rising demand for calorie-free, natural sweeteners. Given the growing concern about sugar’s potential negative health impacts, stevia’s plant-based origin and zero-calorie qualities have gained …
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Chlorophyll Color Market Sales Growth Driven by Innovative Natural Colorants in the Food Industry
The chlorophyll color market is projected to experience significant growth, with an estimated value of USD 151 million in 2023, expected to reach USD 370.3 million by 2033 at a CAGR of 9.0%. The demand for shelf-stable food color is increasing due to temperature, moisture control, light exposure, and color variation, which significantly impact a food product’s shelf life. As food …
Microalgae Market Revolutionizing Sales through Innovations in Sustainable and Nutrient-Dense Ingredients
The microalgae market, valued at USD 11.8 billion in 2023, is projected to reach USD 25.4 billion by 2033, with an 8% CAGR over the forecast period. The growing use of marine microalgae in aquaculture, pharmaceuticals, and nutraceuticals is expected to drive market growth. Additionally, increasing government efforts to standardize microalgae cultivation practices will further fuel expansion. Technological advancements, including the development …