New Product Development
In the recent edition of the oat drink market report, Future Market Insights (FMI) finds growth prospects to go as high as 7.5% from 2024 to 2034. With the emergence of health-conscious consumers, key oat drink manufacturers are investing in the development of gluten-free products. Going by this pattern, demand could expand and equate to a market valuation …
Continue reading “Oat Drink Market Expected to Reach USD 1.68 Billion by 2034”
The linseed oil market is predicted to be worth USD 7,904 million in 2023, and rise to USD 13,972.5 million by 2033. The global industry was expanding at a CAGR of 2.4% from 2018 to 2022. With the advancement of science and technology, flax plant cultivation is now mostly done for the purpose of pressing linseed oil. …
The Naturally Derived Sweeteners Market refers to the industry that deals with the production, distribution, and consumption of sweeteners derived from natural sources. These sweeteners are typically obtained from plants or other natural sources and are used as alternatives to artificial sweeteners, such as aspartame or saccharin. The naturally derived sweeteners market is anticipated to develop at a CAGR …
According to an industry report, the vitamin C ingredients Market is expected to generate USD 2,704 million by 2023. Estimates indicate the market is forecast to reach USD 4,657.5 million between 2023 and 2033, representing a CAGR of 5.6%. The rising incidence of cardiovascular diseases and increasing demand for skin care products are expected to drive the …
The anticipated value of the worldwide phycocyanin market in 2022 was USD 754.40 million. The market is anticipated to reach USD 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances. Phycocyanin is a natural blue pigment derived from certain species of blue-green algae, also known …
Continue reading “Phycocyanin Market Expected to Reach USD 1.49 Billion by 2033, Says FMI”
Texturized Vegetable Protein Market The Texturized Vegetable Protein market is a rapidly growing segment of the food industry that offers a plant-based alternative to meat-based protein sources. Texturized Vegetable Protein, also known as textured soy protein or textured plant protein, is derived from soybeans and other plant-based ingredients. It is widely used as a meat substitute due …
The global aquaponics market is anticipated to rise significantly, rising from USD 1,560 million in 2023 to USD 3,415.5 million by 2033, per FMI study. Aquaponics, a sustainable farming technique that combines aquaculture and hydroponics, has a number of advantages over traditional crop cultivation, including significant water savings and a decreased need for pesticides and synthetic fertilisers …
The global macadamia market size is valued at USD 2.45 billion in 2024 and is anticipated to surpass a valuation of USD 5.2 billion by 2034. The macadamia market expansion is estimated at a CAGR of 7.80% from 2024 to 2034. People are becoming more cognizant of their health and realizing how important it is to choose wholesome snack alternatives. Macadamia nuts are …
The global licorice root market is anticipated to reach a valuation of USD 980.0 million in 2024, driven by expansion of nutraceutical industry. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2024 and 2034, and reaching a total valuation of approximately USD 2,002.1 million by 2034. Ongoing research and development …
The Dehydrated Onions Market is on a remarkable growth trajectory, with substantial increases in estimated market value from USD 1.1 billion in 2022 to an expected USD 1.6 billion in 2023. Looking ahead, the market is projected to reach an impressive USD 3.6 billion by 2033, reflecting a significant growth rate from 2023 to 2033. This growth is driven by the …