As per a recent research report by FMI, a market research and competitive intelligence provider, sales of polylactic acid (PLA) market are estimated to reach a value of US$ 3.1 Bn by 2032, surging at 11.9 % CAGR throughout the evaluation period from 2022 to 2032. Growing demand for PLA in the manufacturing of bio-based, biodegradable plastics is a key trend that …
Category Archives: F&B Analysis
Vegan Donuts Market: Analyzing Current Trends and Anticipated Industry Growth with Key Player Data by 2033 | FMI
The value of the global vegan donut market at US$ 120.4 Mn in 2023 and at US$ 273.8 Mn by 2033. Increasing veganism and the worldwide demand for vegan donuts are two major factors behind this growth. As more and more people learn about the beneficial effects of vegan baked goods on their gut health, immune system, …
Vegan Pastry Market: Navigating Present Dynamics and Envisioning Future Industry Growth with Key Player Analysis by 2033 | FMI
The global vegan pastry market is expected to be valued at US$ 298 million in 2023 and to reach a valuation of US$ 491.5 million by 2033. The demand for vegan pastry is estimated to grow at a steady 6.2% CAGR, with the U.K., the U.S., China, and India emerging as key producers. The use of organic …
Liqueurs Market: Unveiling the Current Landscape and Forecasting Industry Growth with Key Player Insights by 2033 | FMI
The global liqueur market is estimated to reach 130.23 billion in 2023 and is projected to reach a revised size of US$ 181.93 billion by 2033. The market is expected to register a CAGR of 3.4% over the forecast period. Due to its unique taste and availability in different flavors, the liqueur is becoming popular as an …
Low-alcohol Beverages Market: Analyzing Present Trends and Anticipated Industry Growth with Major Key Players’ Data by 2033 | FMI
By 2033, the global low-alcohol beverage market is expected to reach US$ 2.36 billion, up from US$ 1.41 billion in 2023. This market is forecast to grow at a CAGR of 5.3% over the forecast period. Future growth in the low-alcohol beverage industry will be fueled by young people’s desire to adopt healthy drinking habits, as well …
Ferulic Acid Market: Aromatic Ascent, Gearing Up for a Whopping US$ 130.1 Million Valuation by 2032
In 2022, the size of the world ferulic acid market was estimated to be worth US$ 67.8 million. By the end of 2032, it is anticipated that ferulic acid sales would have increased overall at a strong CAGR of 6.74%, amounting to about US$ 130.1 Million. The rising demand for an anti-ageing cream is predicted to propel …
Iced Tea Market Brewing Brilliance, Anticipating a Whopping US$ 11,882 million Valuation by 2033
The iced tea market is likely to be valued at US$ 6,490.4 million by 2023-end. It is projected to proliferate at a CAGR of 6.6% across the forecast period from 2023 to 2033. As per Future Market Insights, a valuation of US$ 11,882 million is anticipated for the industry by 2033. Iced tea drinkers often look to …
Coconut Oil Market: Riding the Tropical Wave, Aiming for a Whopping US$ 11,684.5 million Valuation by 2033
The global coconut oil market valuation is US$ 6,049.4 million in 2023 and is expected to reach up to US$ 11,684.5 million by 2033. The global market is likely to register a CAGR of 7% through 2033. Several trends are contributing to a key role in the global market. A few of these are as follows: Organic …
Pulse Products Market Pulsating Growth, Eyeing a Whopping US$ 1,95,044.6 Million Valuation by 2032
As per FMI, the global pulse products market size is valued at US$ 1,28,023.8 Mn in 2022 and is expected to grow to US$ 1,95,044.6 Mn by 2032, with overall sales likely to rise at 4.3% CAGR throughout the forecast period. Pulse products are a fast-growing market with immense potential. The demand for these nutritious and delicious products is on the rise, as …
Vegan Cookies Market: Sweet Success on the Horizon, Anticipating a Whopping US$ 773.31 million Valuation by 2033
Forecasts put the vegan cookies market at US$ 359.23 million in 2023 and at US$ 773.31 million by 2033. Increases in veganism’s popularity, and increased interest in vegan baking contribute to the growth of this industry. The United Kingdom, the United States, Germany, and Japan are expected to emerge as major manufacturers as a result of the …