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Vegan Marshmallows Market In 2023, demand for vegan marshmallows are expected to have a net market share worth of $74.6 Mn, but by 2033, it is predicted to rise to over US$ 172.6 Mn. The growing vegan population around the world is driving demand for vegan marshmallows to grow by 9.8% between 2023 and 2033. Concerns about …
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Lactose Market As of 2022, the worldwide sales of lactose market was worth USD 2,312.5 million. The market is anticipated to expand at a CAGR of 6% from 2023 to 2033, reaching a total of approximately USD 4,169.8 million by 2033 due to the ongoing consumer movement towards lactose products. This kind of sugar in lactose may …
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Pet Dietary Supplement Industry The pet dietary supplement market is predicted to be valued at USD 4,269.1 million in 2023 and USD 8,288.4 million by 2033. Over the projection period, the pet dietary supplement market is expected to surge at a CAGR of 7.3%. Pet owners are increasingly seeking tailor-made dietary supplements for their furry companions. Companies utilize advanced technologies and data analytics …
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The market for pea protein ingredients is anticipated to be worth USD 1.6 billion in 2023 and USD 3.4 billion by 2033. During the predicted period, pea protein ingredient sales expand at a CAGR of 7.9%. The rising popularity of veganism in countries like the U.S., India, the U.K., and Germany has led to a significant increase …
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The grass fed beef market is anticipated to secure a valuation of USD 12.4 billion in 2023 and is predicted to reach USD 20.4 billion by 2033. The market is estimated to register a CAGR of 5% during the forecast period. The grass-fed beef market is anticipated to expand due to a growing awareness of health benefits …
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The global protease industry is poised for significant growth, with an estimated market value of USD 2,263.8 million in 2024, and it is projected to reach USD 4,797.6 million by 2034, reflecting a compound annual growth rate (CAGR) of 8.0% over the forecast period from 2024 to 2034. Proteases, a class of enzymes that break down proteins …
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The paprika color market is predicted to be worth USD 86 million in 2023 and rise to USD 251.2 million by 2033. Demand for paprika color is expected to expand at an 11% CAGR by 2033. The rising demand for paprika color, a popular seasoning in vegan and vegetarian dishes, is fueled by an increasing number of …
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The global dog food market is on an impressive growth trajectory, projected to surge from USD 48,368.9 million in 2024 to an estimated USD 86,621.3 million by 2034. This growth reflects a robust compound annual growth rate (CAGR) of 6% during the forecast period. Factors such as increasing pet ownership, evolving consumer attitudes towards pet well-being, and …
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The Asia Pacific tomato seed oil market is set for remarkable growth in the coming years. Projections indicate a value of USD 62 million by 2023, with a steady 7% annual growth rate. By 2033, the market is projected to achieve a remarkable valuation of USD 124.6 million, underscoring its extensive adoption and profound influence across various …
Cat Food Market The cat food market is forecast to expand at 3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 44,744 million in 2023. The government’s influence on the cat food industry significantly impacts the regulation of available products in various countries. In response, companies are increasingly …
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