Category: Business

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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With a spectacular CAGR of 24% from 2023 to 2033, FMI predicts that the global plant-based pork market could rocket to a value of US$ 1.88 billion in 2023. Additionally, by the year 2033, this industry is projected to reach a staggering US$ 16.72 billion. The veganism movement is being fueled by the growing environmental and animal…

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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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The CBD gummies market is expected to be worth US$743.5 million in 2023. CBD gummy sales revenue is expected to reach US$7,524.5 million by 2033. Between 2023 and 2033, the CAGR will be 26%. The CBD market has risen rapidly in recent years as people have become more interested in the potential benefits of CBD. CBD gummies are a convenient…

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