Category: Business

The dairy alternative market is estimated to be valued at US$ 23,082 million in 2024. The demand for dairy alternatives is projected to rise at a CAGR of 7.3% from 2024 to 2034. The better nutritional value and functional profile of plant-based dairy substitutes are predicted to be a key growth driver for the industry forecast. Nondairy beverages are regarded to…

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The krill oil market valuation is US$ 997.4 Million in 2023 and is rising to US$ 2.7 Billion by 2033. Sales of krill oil are anticipated to grow at a CAGR of 10.5% during the forecast period. In the food sector, krill oil is gaining appeal as a way to deliver healthful gourmet ingredients while also enhancing food quality. Consumers are more…

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The global market for food authenticity testing services is predicted to reach US$ 10112.8 million by 2033, surpassing US$ 5893 million in 2023. According to the report, access to pure and adulterant-free meals has been jeopardised in recent years. Both health-conscious customers and healthcare practitioners have been incensed by the prevalence of food adulteration, mislabeling, and hidden ingredient data….

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The bulk food ingredients market is expected to be valued at US$ 736.90 billion in 2023 and to reach US$ 1,071.8 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 3.9%. The Bulk Food Ingredients market is expanding rapidly as the food sector adopts more cost-effective and efficient sourcing practises. Bulk food components…

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According to recently published market study data on plant-based beef, the industry is anticipated to grow at a CAGR of 20.6% in value from 2023 to 2033, from an expected market value of US$ 4.1 billion in 2023 to US$ 26.9 billion. The recent changes in the global food and beverage industries demonstrate the rise of plant-based alternatives, which has caused upheaval….

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The global pea protein market size is projected to reach US$ 1,604.3 million in 2024. It will likely exhibit a compound annual growth rate (CAGR) of 11.4% during the forecast period, with overall pea protein sales totaling US$ 4,723.9 million by 2034. A high-protein diet has grown in popularity as people all over the world have become more concerned with their health…

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The global pea protein market size is projected to reach US$ 1,604.3 million in 2024. It will likely exhibit a compound annual growth rate (CAGR) of 11.4% during the forecast period, with overall pea protein sales totaling US$ 4,723.9 million by 2034. A high-protein diet has grown in popularity as people all over the world have become more concerned with their health…

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The acai berry market is estimated to be worth US$ 1.89 billion in 2024. By 2034, the demand for acai berries is anticipated to reach a value of US$ 4.27 billion. The market is expected to increase at a CAGR of 8.5% through 2034. Typically found in Central and South America, the acai berry is a reddish-purple fruit that grows on the acai palm tree….

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