In 2023, the global industrial chocolate market is projected to reach USD 57 billion, with an annual growth rate of 4.4%. By 2033, the market is anticipated to grow to USD 87.68 billion. In the food and beverage industry, heightened awareness of food brands is prompting a resolution. This awareness is coupled with a stronger sense of responsibility towards sourcing, …
Category Archives: F&B Analysis
Carrageenan Market to Reach USD 1.5 Billion by 2033, Forecasts Future Market Insights
The worldwide sales of carrageenan were estimated to be around USD 935.9 million in 2022, in terms of value. As per the global carrageenan market survey report, it is expected to rise at a rate of 4.8% during the forecast period. By registering such a fair CAGR, the overall valuation of the market is projected …
Vodka Market Expected to Reach USD 68.25 Billion by 2033, Reports Future Market Insights
The vodka market has witnessed steady growth over the years, fueled by increasing consumer demand and a growing cocktail culture. The market size is influenced by factors such as changing consumer preferences, expanding urbanization, and increasing disposable incomes. Vodka consumption has become more prevalent in emerging economies, contributing to the market’s expansion. The vodka market is anticipated …
Food Grade Gases Market: Ensuring Freshness and Safety in Food Preservation
Food Grade Gases Market The total demand for food grade gases by industries worldwide surged 5.4% between 2019 and 2023, concluding at a sales valuation of US$ 7.4 billion. In 2024, the total production of food grade gas is estimated to be around US$ 7.8 billion in terms of value. Based on recent industry analysis reports, the …
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Extruded Snacks Market: A Crunchy Revolution in Global Snack Preferences
Extruded Snacks Market 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 growing demand for nutrient-rich snacks, changing consumers’ preferences, and craving spicy food …
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Food Glazing Agents Market Growth: Enhancing Visual Appeal and Shelf Life in Processed Foods
The food glazing agents market size is poised to cross US$ 4,353.1 million in 2024 and is likely to attain a valuation of US$ 7,533.2 million by 2034. The food glazing agent market share is projected to develop at a CAGR of 6% from 2024 to 2034. The food glazing agents industry is experiencing a boom in demand for clean-label ingredients in response to increased customer …
Food Amino Acids Market Trends: Driving Innovation in Nutritional Enhancement
Food Amino Acids Market The global food amino acids market is projected to have a moderate-paced CAGR of 9.3% during the forecast period. The current valuation of the food amino acids market is expected to worth US$ 8.1 billion in 2023. The value of the food amino acids market is anticipated to reach a high of US$ 19.6 billion, by the year …
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L-carnitine Supplements Market: Fueling the Future of Health and Fitness
L-Carnitine Supplements Market According to a recent report by Future Market Insights, market research and competitive intelligence provider, in terms of revenue, The global L-carnitine supplements market is poised for substantial growth, projected to reach a valuation of USD 386 million by the end of 2033. This robust expansion reflects a compound annual growth rate (CAGR) of 6% over the …
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Grape Seed Extract in Pet Food: A Natural Boost for Animal Health
Grape Seed Extract in Pet Food Application Market The grape seed extract in pet food application market is securing a valuation of US$ 43 million in 2023 and is rising to US$ 73.7 million by 2033. The market is registering a CAGR of 6% during the forecast period. The grape seed extract is a dietary supplement derived …
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Snack Pellets Market Expansion: Innovations in Texture, Flavor, and Nutritional Appeal
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Snack Pellets reached approximately USD 1,399.4 million at the end of 2024. Forecasts suggest the market will achieve a 5.0% compound annual growth rate (CAGR) and exceed USD 2,282.1 million in value by 2034. Snack Pellets are a popular …