The global astaxanthin market is predicted to register a robust CAGR of 14.9% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 910.3 million in 2023 to US$ 3,636.8 million by 2033 end. Demand for astaxanthin is projected to rise on account of its multiple applications in nutraceuticals, pharmaceuticals, feed industries, etc. Moreover, the distinct …
Category Archives: F&B Analysis
Insect Feed Market Set to Soar to US$ 8.1 Million by 2033, Fueled by Rising Demand for Nutrient-Rich Feed and Protein Alternatives
The total worth of the global insect feed market could be around US$ 1,561 million in 2023. Over the forecast years from 2023 to 2033, the worldwide demand for insect feed is expected to grow annually at a rate of 17.9%. By the end of 2033, the net worth of the market is projected to reach US$ 8,124 …
Growing Demand and Trends of CBD Snacks Market Set to Reach USD 2.5 Billion by 2032 | FMI Projection
The Global CBD Snacks Market Set to Reach USD 712.5 Million by 2022 with a Projected CAGR of 13.2% from 2022 to 2032. North America Leads, Contributes Over 30% of Revenue in 2021. CBD snacks are a recent development in the CBD industry. CBD snacks are made with CBD oil, which is known for its therapeutic properties. …
Sleep Gummy Market Set to Skyrocket with 7.3% CAGR by 2034, Driven by Health-Conscious Consumers
According to Future Market Insights (FMI), the global sleep gummy market is expected to grow from US$ 447.1 million in 2024 to US$ 908.2 million by 2034. It is estimated to witness a 7.3% CAGR in the assessment period 2024 to 2034. The growing number of sleep disorders among consumers is driving the sleep gummy market’s expansion. The need to treat illnesses that induce …
Explosive Growth Forecasted for Chewable Energy Tablet Market Revenue to Cross US$ 1,120.6 million by 2034 to Expand at a CAGR of 8.9% | FMI
The global chewable energy tablet market value is estimated to total US$ 478.9 million in 2024. It will likely exhibit a CAGR of 8.9% throughout the forecast period, totaling a valuation of US$ 1,120.6 million by 2034. Consumers mostly prefer orange-flavored chewable energy tablets owing to their perceived health benefits and other advantages. As per the latest analysis, the orange flavor segment will …
Growing Opportunities in Agricultural Activator Market: Customized Solutions and Eco-friendly Trends Drive Investment Potential
The global agricultural activator adjuvant market is poised to cross US$ 4.1 billion in 2024 and is likely to attain a valuation of US$ 6.6 billion by 2034. The agricultural activator adjuvant industry is projected to expand at a CAGR of 4.9% from 2024 to 2034. The use of adjuvants in the agricultural industry is being impacted by the broad adoption of Integrated …
Soybean Meal Market Poised to Reach US$ 157.8 Billion by 2034, Driven by Rising Demand in Animal Feed and Plant-Based Foods
Global soybean meal market sales are expected to reach US$ 98.6 billion by 2024. The market is projected to register a 4.8% CAGR and reach a valuation of US$ 157.8 billion by 2034. Regular soybean meal feed to dairy animals such as cattle and buffalo is the key factor driving the market’s growth. Regular consumption of soybean meal helps dairy farm animals to produce …
Pre-mixed/RTD Alcoholic Drink Market Set to Reach US$ 56.6 Billion by 2034, Fueled by Convenience and Innovative Flavors
The pre-mixed/RTD alcohol drink market is expected to be valued at US$ 35,321.40 million in 2024. The market is expected to progress at a moderate rate over the forecast period, with a CAGR of 4.8%. By 2034, the value of the market is forecast to be worth US$ 56,652.70 million. A significant shift in consumer lifestyle and growing demand for beverage options are moving …
Vegan Collagen Market Set to Surge to US$ 357.7 Million by 2034, Fueled by Growing Demand for Ethical and Sustainable Beauty & Health Products
According to Future Market Insights (FMI) analysis, the Global Vegan Collagen Market is expected to reach US$ 150.1 million in 2024. The market is projected to expand at a CAGR of 9.1%, reaching US$ 357.7 million by 2034. A primary driver of the vegan collagen market is the growing inclination of consumers toward functional and naturally produced components. Vegan collagen is becoming increasingly popular …
A2 Ice Cream Market Projected to Reach US$ 360 Million by 2034, Fueled by Growing Demand for Digestive Health-Conscious
Future Market Insights (FMI) thorough analysis of the global market for A2 ice cream shows that it is set to reach a valuation of US$ 180.0 million in 2024. The market is projected to expand at a CAGR of 7.2%, attaining a valuation of US$ 360.0 million by 2034. Demand for A2 Ice Cream Market Factors, including rising demand for healthier ice cream, …