Halal Ingredients Market Set for Robust Growth, Forecasted to Surpass US$ 436.2 Billion by 2032, Driven by 4.9% CAGR | FMI

Halal Ingredients Market The global halal ingredients market size is valued at USD 327.4 Bn in 2022 and it is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2032. The average CAGR is likely to lead the market as it would cross the value of US$ 436.2 Bn by 2032. Even though Muslims will continue to …

Multifunctional Food Ingredient Market to Reach US$ 186.62 Billion by 2034, Driven by 5.5% CAGR and Rising Demand for Enhanced Nutrition and Shelf Life

Multifunctional Food Ingredients Market The multifunctional food ingredient market is anticipated to achieve a valuation of US$ 109.33 billion in 2024, with projections to increase to US$ 186.62 billion by 2034. The forecast period is expected to witness a development at a CAGR of 5.5%. Consumers are demanding ingredients that provide basic nutrition and offer additional health benefits. In response to this …

Casein Market Poised to Reach US$ 4.9 Billion by 2033, Driven by Growing Demand in Cosmetics and Personal Care Industries

In 2023, the global casein market was worth US$ 2.7 billion. The market is predicted to increase at a CAGR of 6.3% from 2023 to 2033, reaching a value of US$ 4.9 billion by 2033. Increasing industrial adoption of casein is driving casein market expansion over the forecast period. The growing relevance of protein in the diet …

Pea Starch Concentrate Market Set to Reach US$ 1.99 Billion by 2033, Driven by Rising Demand for Plant-Based Protein and Sustainable Ingredient Solutions

The global pea starch concentrate market is expected to be valued at US$ 1247.5 million in 2023 and reach a valuation of US$ 1987.4 million by 2033. The demand for pea starch concentrate is estimated to grow at a steady 4.8% CAGR. There has been a huge uptick in the use of pea starch in both the …

Food Acidulants Market Set to Reach US$ 4.5 Billion by 2033, Fueled by Rising Demand for Processed Foods and Enhanced Flavor

The food acidulants market is valued at US$ 2.6 billion in 2023 and is estimated to reach a value of US$ 4.5 billion by 2033, registering a CAGR of 5.4% during the forecast period. The rising disposable income and growing demand for clean-label products and processed food are increasing the market share. Furthermore, the demand for food …

Herbs and Spices Market Poised to Reach US$ 244 Billion by 2034, Driven by Increasing Utilization in Food Industry

The herbs and spices market size is forecast to grow at a CAGR of 3.6% between 2024 and 2034. The market is expected to incline from US$ 171,563.1 million in 2024 to US$ 244,124.7 million by 2034 end. The accelerating utilization of herbs and spices in food items is fueling market expansion. The Herbs and Spices …

Imitation Whipped Cream Market Poised to Reach US$ 2.15 Billion by 2034, Driven by Growing Demand for Health-Conscious Consumers and Dairy-Free Food Trends

By 2024, the market for imitation whipped cream sales of artificial food preservatives hold a current valuation of US$ 1.24 billion in 2024. The demand could rise and equate to a market valuation of US$ 2.15 billion, expanding at a CAGR of 5.6% by 2034. The plant-based food alternatives offer a softer and smoother texture …

Spice Oils and Oleoresins Market Set to Surpass US$ 3.5 Billion by 2033, Fueled by Growing Demand in Food and Beverage Sector

According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million. Significant Aspects Driving the Growth of the …

Citrus Pulp Market to Reach US$ 287.2 Million by 2033, Driven by Rising Demand for High-Quality Animal Feed and Versatile Applications in Food, Beverage, and Packaging Industries

The citrus pulp market is anticipated to be worth US$ 180.97 million in 2023 and US$ 287.2 million by 2033. Citrus pulp demand is anticipated to maintain a constant CAGR of 5.9%. The demand for natural and healthy ingredients is increasing as consumers become more health conscious. Citrus pulp feed is a natural and organic ingredient that …

Affordable Protein Power US$ 6.5 Billion Surimi Market Driven by Health and Cost-Conscious Consumers | FMI

According to Future Market Insights (FMI), the global surimi market is set to be valued at US$ 3,572.7 million in 2023. Over Between 2023 and 2033, there is a forecasted ten-year compound annual growth rate (CAGR) of 6.1% for the global surimi market. By 2033, the total market valuation is expected to reach US$ 6,548.3 million. A balanced diet and …