The global lutein market is seeing sustained increase as a result of growing consumer knowledge of lutein’s advantages for eye health. Many fruits and Natural sources of lutein, a pigment thought to guard against cataracts and age-related macular degeneration, include vegetables. The market is expanding because lutein-containing functional foods and dietary supplements are becoming more and …
Category Archives: F&B Analysis
Beverage Acidulants Market Thriving: Forecasted to Reach US$ 3.7 Billion by 2033, Driven by Growing Demand for Flavor and Shelf Life Enhancement
The beverage acidulants market is estimated to reach a valuation of US$ 2.4 billion in 2023 and is estimated to reach US$ 3.7 billion by 2033. The market is anticipated to record a CAGR of 4.7% during the forecast period. The market is expected to flourish due to urbanization, the economy, rising disposable income, and the bar and restaurant sector. The increasingly popular …
Resveratrol Market Poised for Remarkable Growth: Anticipated Surge to US$ 356.4 Million by 2034, Fueled by Strong Demand for Plant-Based Products
The worldwide resveratrol market is set to exhibit strong growth during the forecast period, with total valuation increasing from US$ 129 million in 2024 to US$ 356.4 million by 2034. Global demand for resveratrol is anticipated to expand at a CAGR of 10.7% throughout the forecast period. The growing demand for nutritional supplements among consumers …
Chia Seeds Market Poised for Rapid Growth: FMI Forecasts US$ 390.3 Million by 2033, Driven by Surging Demand in Skincare Industry
By the end of 2022, the net worth of total chia seeds sold globally was estimated to be US$ 195.3 million. In the current year, 2023, the sales of chia seeds, in terms of value, are expected to be worth around US$ 203 million. FMI further projects the overall market to record a CAGR of …
Rising Health Consciousness Drives Fermented Dairy Ingredients Market Growth: Projected to Reach US$ 16.49 Billion by 2033
According to Future Market Insights, the demand for fermented dairy ingredients is expected to grow at a CAGR of 8.2% from 2023 to 2033. The global fermented dairy ingredients market value is projected to increase from US$ 7,884 million in 2023 to US$ 16,485.5 million by 2033. Demand for nutritional products has soared in recent years, especially …
Demineralized Whey Powder Market Set to Reach US$ 1.08 Billion by 2033, Fueled by Rising Demand in Customized Infant Formulas
According to Future Market Insights (FMI), the demineralized whey powder ingredient market is expected to thrive at a CAGR of 5% from 2023 to 2033. As per recent estimates, the market value is projected to increase from US$ 657 million in 2023 to US$ 1,086.7 million by 2033. Whey is a by-product of cheese manufacturing industry. Whey is rich in protein and less …
Nixtamalized Corn Flour Market Forecasted to Reach US$ 5,329.5 Million by 2033, Fueled by Growing Consumer Awareness and Demand for Nutritious Alternatives
FMI’s analysis reveals that the global nixtamalized corn flour industry is currently valued at US$ 3,172.7 million in end of 2023. It is projected to surpass significantly, reaching a market valuation of US$ 5,329.5 million by 2033. It is poised to exhibit at 5.3% CAGR during the forecast period. The global nixtamalized corn flour industry is witnessing lucrative growth and presenting attractive opportunities …
Edible Oils and Fats Market Set to Exceed US$ 226.68 Billion by 2033 with 6.4% CAGR, Driven by Increasing Demand for Healthy Oils
The global edible oils and fats market is experiencing robust growth, poised to generate an estimated US$ 121.90 billion in 2023, with expectations to surge beyond US$ 226.68 billion by 2033, reflecting a remarkable CAGR of 6.4%. This flourishing market is witnessing a paradigm shift towards healthier options, with vegetable and olive oils at the forefront. The …
NPK Fertilizers Market Expected to Reach US$ 4.44 Billion by 2033 with 3.9% CAGR Growth, Driven by Increasing Demand from Agricultural and Food Industries
According to a report published by FMI, the global NPK Fertilizers Market will be valued at US$ 3.03 Bn in 2023. It is expected to grow at a CAGR of 3.9% during the forecast period, reaching a value of US$ 4.44 Bn by 2033. In addition to improving crop quality and yield, their use reduces application costs. Increasing public awareness of the benefits of NPK …
Flavored Water Market Poised to Reach US$ 37.65 Billion by 2033 with 10% CAGR Growth, Fueled by Rising Health Consciousness and Flavor Innovation
The global flavored water market is expected to reach US$ 14.84 billion in 2023, expanding at a 10% CAGR from 2023 to 2033. By 2033, the flavored water industry is expected to be worth US$ 37.65 billion. Factors such as rising consumer health consciousness, demand for refreshing and low-calorie beverages, and flavor innovation are propelling the industry …