Category: Business

The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating the market to grow nearly 7.6% y-o-y in 2031. The market for plant-based butter is fast rising as buyers seek healthier and more environmentally…

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The fruit powder market is poised to witness at a 7.6% CAGR during the forecast period. The market for fruit powder is expected to expand from US$ 17.5 billion in 2023 to US$ 36.4 billion by 2033. Increased consumer desire for year-round seasonal crops and food products with a long shelf life is driving the expansion of the fruit powder industry. The…

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In 2023, the value of the dog food market is estimated to reach US$ 45,631 million. According to Future Market Insights (FMI), global sales of dog food are expected to reach US$81,224.9 million by 2033, rising at a CAGR of 6% throughout that time period. Customised dog food products are growing more popular in developed countries, and this trend…

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The Curcumin market is estimated to grow at an 11.3% CAGR between 2023 and 2033, from US$ 127.0 million in 2023 to US$ 369.2 million in 2033. The market for these goods has developed considerably over the years as a result of growing consumer awareness of the health advantages of curcumin and increased consumer interest in natural and herbal products. Pharmaceutical, food and…

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The  phospholipid market  is expected to increase at a rate of 13.5% per year and reach US$ 4.64 billion by 2033. Customised formulations are revolutionising the medical field by employing genetic profiles to provide phospholipid solutions that are unique to each industry. By 2023 and 2033, the phospholipid market is expected to be worth US$ 1.55 billion and US$ 4.64 billion, respectively. Sales…

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The Liquid Egg Market is on a steady growth trajectory, with a projected size of US$ 9,791.7 million by 2033, indicating substantial expansion from US$ 5,095.3 million in 2022. This upward trend is underscored by a consistent 6% compound annual growth rate (CAGR) from 2023 to 2033. Furthermore, the top three countries collectively account for a significant 39.6%…

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