The sugar confectionery market is anticipated to reach a value of USD 81.07 billion by 2033, representing a CAGR of 4.3% from 2023 to 2033. The market is estimated to be worth USD 53.21 billion in 2023. The market has seen steady growth over the years due to several factors. One of the key drivers of …
Category Archives: F&B Analysis
Catering Services Market Expands as Corporate Events and Social Gatherings Drive Growth
As per the market survey report, the catering services business worldwide generated a revenue of around USD 565 million in the year 2018. Though the market followed a steeply rising curve in the following years, the average CAGR until 2022 has been brought down to 1.2%. This tragic downfall in demand for catering services was a …
Pet Food Extrusion Market Set to Surge with 6.2% CAGR, Reaching Over USD 143.39 Billion by 2033 | Future Market Insights, Inc.
The global pet food extrusion market is anticipated to expand significantly, exhibiting a CAGR of 6.2% during the forecast period. The valuation of the market is expected to reach USD 78.57 billion in 2023. The market size of pet food extrusion is anticipated to surpass USD 143.39 billion by the year 2033. Extrusion technology for pet food becomes increasingly popular because it makes it …
Wagyu Beef Market Growth 2023-2033: Premium Meat Demand on the Rise Across Global Markets
Wagyu Beef Market A recently published study by FMI expects the global wagyu beef market to augment at a 4.8% CAGR from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 40 Billion is expected for the market. Consumer eating habits are evolving as individuals grow more self-aware and health-conscious, willing …
Food Service Industry Outlook Innovation and Technology Shaping the Future of Dining
Food Service Industry The global food service industry size is likely to jump from US$ 3,483,539.5 million in 2023 to US$ 5,704,966.8 million by 2033. This projected expansion is anticipated to expand at a 5.3% CAGR in the demand for food services over the upcoming decade. Convenience, rising purchasing power, and the emergence of a variety of …
Fromage Frais and Quark Market Trends Increasing Demand for High-Protein Dairy Products
Fromage Frais And Quark Market The global fromage frais and quark market demand is predicted to register a CAGR of 2.7% throughout the projected period. The overall fromage frais and quark market is expected to reach US$ 16.37 billion in 2033 from its present valuation of US$ 12.54 billion in 2023. The market is expanding due to the rising consumption of traditional dairy …
Vegan Drink Mixes Market Forecast Plant-Based Beverages Gain Popularity in Health-Conscious Segments
Vegan Drink Mixes Market The vegan drink mixes market size is expected to grow at a CAGR of 6.1%. The market is projected to be valued at US$ 12,145.5 Mn in 2022 and reach a valuation of US$ 21,956.8 Mn by the end of 2032. Plant-based products are both healthier and safer than animal-based products. The vegan drink mixes market is being …
Polysorbate-80 Market Growth Rising Use in Food Emulsifiers and Pharmaceutical Formulations
Polysorbate-80 Market The global Polysorbate-80 market size reached a valuation of US$ 352.2 Million in 2022. Accelerated expansion of the market for PS80 is presumed increased the supply of bio-based commodities as well as heightened awareness about the quality of skincare products. The overall sales of Polysorbate-80 products are estimated to rise at a robust CAGR of 6.5% between 2022 and 2032, totaling around US$ 661.1 Million by the end of …
Pork Flavors Market Trends Flavor Innovations in Meat and Meat Alternatives
Pork Flavors Market The global pork flavors market share is projected to witness a strong CAGR of 7.3% from 2022 to 2032. The market is set to reach an estimated value of US$ 4,024.6 million by 2032, scaling up from a value of US$ 1,995 million in 2022. This growth can be attributed to an incremental shift in consumer preferences for pork nutrition, …
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Vegan Probiotics Market Outlook Plant-Based Health Solutions Drive Consumer Preference
Vegan Probiotics Market According to a recent research report by Future Market Insights, the global vegan probiotics market size is estimated to reach a valuation of US$ 11.8 Bn by 2032. The market is projected to reach US$ 5.1 Bn by the end of 2022 and exhibit growth at a CAGR of 8.8% in the forecast period from 2022 to 2032. Beneficial bacteria, also known …