The ginseng market is anticipated to increase and reach a value of US$ 749.80 million in 2023, according to Future Market Insights (FMI) the market value of ginseng could increase by 4.3% between 2023 and 2033, reaching US$ 1.1 billion by that year. Ginseng may make up 1% to 2% of the market for dietary supplements …
Category Archives: F&B Analysis
Almond Flour Market Poised for Nutty Growth at 8.3% CAGR: Invest in Gluten-Free & Health Trends | FMI
The almond flour market is projected to be valued at US$ 1.9 billion in 2023 and is expected to reach US$ 4.1 billion by 2033. The sales of throughout the projection period, almond flour is anticipated to register a noteworthy CAGR of 8.3%. Customer tastes are shifting quickly as per capita incomes and living standards rise …
The patchouli oil market is expanding, driven by a surge in demand for natural ingredients in cosmetics and personal care products
Unveiling Patchouli Oil market From Ancient Aromatics to Modern Demand – Exploring the Growth Journey from US$ 75.3 Million to $101.4 million with a 3% CAGR in the worldwide market by 2033. The oil is made from the well-known essential oil of patchouli, which comes from the mint family plant Pogostemon cablin. The oil is well …
Macroalgae Market Poised to Reach US$ 18.3 Billion by 2033 with 7.8% CAGR, Driven by Growing Demand for High-nutritional Food Products
According to Future Market Insights (FMI), the worldwide Macroalgae market is valued at US$ 9,302.6 million in 2023 and it is anticipated to reach US$ 18,305.1 million by 2033. Over the next decade, global Macroalgae demand is likely to increase at a CAGR of 7.8%. Macroalgae or seaweed refers to large, multicellular species of algae. They have gained wider traction amongst consumers due …
Eggshell Membrane Powder Market Surging to US$ 5.3 Billion by 2033 with 13.1% CAGR, Fueled by Rising Demand for Natural Ingredients and Health Benefits
The eggshell membrane powder market is likely to capture a valuation of US$ 1.4 billion in 2023. The market is estimated to rise to US$ 5.3 billion by 2033. The market is expected to register a CAGR of 13.1% during the forecast period. How Manufacturers Bring Opportunities in the Market? Manufacturers are bringing opportunities by developing innovative …
The North American mango puree market is flourishing, driven by a surge in demand for natural, healthy fruit products
The North American mango puree market is experiencing steady growth due to increasing demand for natural and healthy fruit-centered goods. With It is anticipated to rise from US$ 1,493.2 million in 2022 to US$ 3,020.75 million by 2032 at a compound yearly growth rate of 7.3%. Mango puree is made by processing mango pulp into a creamy …
Tempeh Market Growth: Sales Expected to Reach US$ 6.8 Billion by 2033 with 5% CAGR, Fueled by Rising Demand for Meat Analogues and Plant-Based Foods
From 2023 to 2033, the global tempeh market is predicted to rise at a 5% CAGR and are predicted to reach around US$ 6.8 billion by 2033. A sizable portion of the population wishes to either avoid or reduce their meat consumption by becoming vegan or vegetarian or by becoming flexitarians or meat reducers. As a result, high-quality …
Extruded Snacks Market Set to US$ 150.4 Billion by 2033 with 6.6% CAGR, Fueled by Rising Demand for Nutrient-Rich Snacks
The extruded snacks market is projected to be valued at US$ 79.1 billion in 2023 and is estimated to grow at US$ 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period. The significantly growing population, urbanization, and consumption of savory food are the factors likely to boost …
Pet Food Processing Market: Projected to Reach US$ 9.1 Billion by 2034 with 4.0% CAGR, Fueled by Rising Pet Adoption and Demand for Nutrient-Rich Pet Food
The Pet Food Processing Marketis expected to be valued at US$ 6,684.4 million in 2024. In contrast, the 2023 value was marked at US$ 6,348.0 million. The market is expected to progress at a modest rate over the forecast period, with a CAGR of 4.0%. By 2034, the value of the market is forecasted to have inflated to US$ 9,112.7 million. The need …
Allergen-Free Food Market to Exceed US$ 102 Billion by 2034 with 7.4% CAGR, Driven by Rising Prevalence of Food Allergies
The allergen free food market size is likely to be worth US$ 50,365.7 million in 2024. The market is projected to reach a valuation of US$ 102,699 million by 2034. The sales of allergen free food are anticipated to expand at a CAGR of 7.4% through 2034. The demand is primarily driven by the increasing prevalence of global food allergies and intolerances among …