FMI Research

  The projected value of the worldwide  algae oil market  is set to hit the mark of  USD 3,495.8 million  by 2034, which is set to be measured at  USD 2,442 million  by 2024. Pertaining to various developments made by key players in the industry, the competitive space is estimated to progress at a sluggish CAGR of  3.7%  during the forecast period. Pertaining to the growing emphasis on reflecting on environmental stewardship, more focus is made on using algae oil, which increases the demand for products. With the growing use of such oils in the aquaculture sector, the prominence of algae oil has increased, driving the growth of the industry. The rising focus on developing sustainable policies and regulations has helped several firms in the industry to innovate. The demand for algae oil, subsequently, has increased drastically recently. Information Source:  https://www.futuremarketinsights.com/reports/algae-oil-market   With the rising consumer attention toward better skincare products,

  The global  clean label ingredients market  is anticipated to reach a valuation of USD 44,080.0 million in 2023, driven by clean label in supplements and nutraceuticals. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 16.2% between 2023 and 2033, and reaching a total valuation of approximately USD 169,024.9 million by 2033. One of the major factors contributing to the growth of the clean label ingredients market is the rising concerns regarding food allergies and intolerances, which have led to the demand for clean label products that avoid common allergens or clearly label their presence. Clean label extends to beverages, including natural colorings, flavors, and the removal of artificial additives and preservatives in juices, sodas, and sports drinks. Clean label products often feature reduced sugar and salt content, aligning with consumer preferences for healthier options. Clean label trends are influencing not only ingredient

  The  frozen bakery market  is anticipated to expand its roots at a steady CAGR of 6.5% between 2023 and 2033. The market is anticipated to cross a market share of USD 85.97 billion by 2033 while it is likely to be valued at USD 45.8 billion in 2023. The restoration of the bakery industry along with the young population choosing ready-to-eat food products are adding value to the market growth. Furthermore, the higher number of bakeries renovating, applying latest bakery products and tools are fueling the demand for frozen bakery products. The rising popularity of gluten-free, organic bakery superfoods have gained traction for the market. New vendors experimenting with bakery items such as bread, dough, and toppings is also attracting their consumer base, expanding the industry across regions. Bakery giants or big companies that uses bakery products such as McDonalds, Domino’s Pizza, and Pizza Hut are investing in Asian eco

  The  online food delivery services market  size is anticipated to advance, attaining a value of  US$ 41.94 billion  in 2023. According to a market analysis of online on-demand food delivery services, usage is expected to develop at a  CAGR of 10%  until 2033. By 2033, the online food delivery services market is projected to reach a value of  US$ 101.32 billion  at the current pace of growth. Customers are moving online rapidly, which has led to exponential expansion in the e-commerce sector. These changes in consumer shopping patterns result from various factors, some of which are industry or nation-specific, while others are the result of global trends. Information Source: https://www.futuremarketinsights.com/reports/online-food-delivery-services-market Mobile Internet and 5G Reshape the Online Food Delivery Landscape Customers now have access to an array of various applications, including online meal delivery services, owing to improved network connectivity and an upsurge

  The food dehydrator market ( Marché des déshydrateurs alimentaires ) was experiencing significant growth due to increasing consumer interest in healthier food preservation methods and the rising popularity of homemade snacks. A food dehydrator is an appliance designed to remove moisture from food items, such as fruits, vegetables, herbs, and meats, through a drying process, which helps extend their shelf life while retaining most of their nutrients and flavors. According to a newly released report on the global food dehydrators market by FMI estimates that in 2031, the global market for food dehydrators is expected to reach USD  3,761 Million . In 2021, the market was estimated at USD  2,028 Million . If these projections are correct, the market would grow at a CAGR of  6.4%  from 2021 to 2031. Asia Pacific and North America are expected to emerge as lucrative markets for food dehydrators besides Europe. In terms of end use, the food dehydrators market can be classified into indu

  The global canned seafood market ( Marché de fruits de mer en conserve ) is projected to have a moderate-paced CAGR of 3.7% during the forecast period. The current valuation of the canned seafood market is USD 33.6 billion in 2023. The value of the canned seafood market is anticipated to reach a high of USD 48.2 billion, by the year 2033. The outcome of expanding consumer spending power is an increase in demand for notable and unusual culinary items. The market has more prospects as a result of the use of various types of seafood in restaurants and hotels in the United States. The canned seafood market is projected to expand due to the rising acceptance of plant-based seafood. Scientists and marketers are developing nutritious, plant-based fish that tastes authentic due to the rise in demand for seafood alternatives. For example, the canned fish manufacturer Karavela created a range of yellow pea-based canned seafood items in December 2021. Both small businesses and established