The market for vegan flavors is most likely to incline at a CAGR of 4.8% from 2023 to 2033, as per the latest Future Market Insights report. According to the study, the global vegan flavor market is anticipated to reach a valuation of US$ 14,406.1 million by 2033, up from US$ 9,021 million in 2023. As animal …
Category Archives: F&B Analysis
Fish Feed Market Set to Reach US$ 163.5 Billion by 2033 with 3.5% CAGR, Fueled by Shift Towards Alternative Feeds and Biotechnological Innovations
According to FMI, fish feed market is expected to reach US$ 116,480 million by 2023. It is estimated that the market is poised to reach US$ 163,530 million between 2023 and 2033, representing a CAGR of 3.5%. Fish feed is a mixture of basic materials, additives, and additional supplements acquired from natural or synthetic sources and fed …
Vegan Supplements Market Set to Reach US$ 4.83 Billion by 2022 with 11.3% CAGR, Fueled by Rising Demand for Plant-Based Alternatives
The global vegan supplements market is expected to develop at a CAGR of 11.3% from 2022-2032. It is anticipated to reach a valuation of approximately US$ 14,089.6 Mn by the end of 2032. The market for vegan supplements is expected to grow at a fast pace from 2022 to 2032 as a result of rising concerns regarding animal health and protection …
Food Emulsifiers Market Projected to Reach US$ 5.95 Billion by 2033 with 5.3% CAGR | FMI Analysis
The food emulsifiers market is projected to see a constant annual increase of 5.3%, pushing its total revenue to US$ 5,954.4 million by 2033. This indicates a big rise from its 2023 value of US$ 3,635.8 million. Food emulsifiers are used in many types of food products like – ice cream, mayonnaise, and chocolate. Also, food emulsifiers …
Pharmaceutical Lactose Market to Reach US$ 392.3 Million by 2033 with 5.8% CAGR, Driven by Widening Applications Across Pharmaceutical Sector
According to Future Market Insights’ latest analysis, the global pharmaceutical lactose market size is expected to reach US$ 222.6 million in 2023 and further expand at 5.8% CAGR throughout the forecast period (2023 to 2033). Overall sales of pharmaceutical lactose are projected to total a valuation of US$ 392.3 million in 2033. Rising application of lactose as an ideal excipient across thriving pharmaceutical sector …
Cavendish Banana Market to Reach US$ 25.74 Billion by 2033 with 4.3% CAGR, Fueled by Changing Consumer Preferences
The global Cavendish banana market is expected to be worth US$ 16.6 billion in 2022. Evolving customer preferences for health and wellness will drive sales to US$ 25.74 billion by 2033, with a CAGR of 4.3% from 2023 to 2033. Consumers’ desire to keep a healthy weight along with their adoption of healthy eating habits are what …
Revolutionizing Aquaculture: Tilapia Market Set to Soar to US$ 23,015.4 million by 2034 with New Strain Developments
The tilapia market size is projected to be worth US$ 23,015.4 million by 2034. According to the estimates, the market is anticipated to exhibit a 4.80% CAGR until 2034. In 2024, the tilapia market size is valued at US$ 14,460.02 million. In tandem with the soaring heights reached by the global aquaculture market, the tilapia market …
Vegan Dog Food Market Expected to Reach US$ 26.35 Billion by 2033 with 7% CAGR, Driven by Increasing Concern for Pet Health
In 2023, the vegan dog food market was estimated to be worth US$ 13.58 billion. The vegan dog food market is anticipated to register a CAGR of 7% from 2023 to 2033, reaching a value of US$ 26.35 billion. Vegan pet food is made with plant-based and natural components rather than raw materials sourced from animals, and …
Ready To Drink (RTD) Tea Market Surging to US$ 72.9 Billion by 2033 with 8% CAGR, Fueled by Growing Demand for Healthy Alternatives
The ready-to-drink (RTD) tea market is registering a valuation of US$ 34.3 billion in 2023 and is estimated to reach US$ 72.9 billion by 2033. The market is capturing a CAGR of 8% during the forecast period. Growing Demand for Healthy Substitutes for Carbonated Drinks The global tea market is expected to grow in the future, as research predicts. The tea package is …
Ketchup Concentrates Market Set to Reach US$ 799.6 Million by 2033 with 4% CAGR, Driven by Growing Consumer Preference for Fruit and Vegetable Ketchup
Ketchup Concentrates Market The ketchup concentrates market is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 532 million in 2023. The steady growth of the ketchup concentrates industry is projected to be driven by factors like the …