FMI Research

  The commercial seaweed market size is estimated to be nearly US$ 11.7 billion in 2023. The global seaweed market is poised to register a CAGR of 2.4% from 2023 to 2033. The overall valuation of the commercial seaweed market is projected to reach US$ 14.9 billion by 2033. A modest amount of companies dominate the worldwide sales and distribution of commercial seaweed at present time. Commercial seaweed is broadly produced near the coastlines of nations like Indonesia, China, Japan, and the Philippines. According to the FMI report, the primary region for the production and marketing of seaweed commercially is the Asia Pacific. Because of the traditional importance of seaweeds, these countries have established a commercial market for all types of seaweed. With the rising popularity of organic goods in Europe and North America, the demand for commercial seaweed is expected to grow considerably. Seaweed usage across the globe is getting further aided by the growing popular mo...

From 2023 to 2033, there is expected to be a significant increase in the global wine market size . The global market is expected to surpass a valuation of US$ 5,34,226 million in 2023, according to the research report released by Future Market Insights. By 2033, its value is projected to reach US$ 8,75,293.8 million. From 2023 to 2033, the market is anticipated to grow at a CAGR of 5%. The increasing popularity of wine among consumers from all age groups is a key factor boosting the market growth. Rapid urbanization, improving lifestyles, and increasing disposable income levels aid in propelling the demand for wine. In recent years, there has been a significant increase in wine production. Wine consumption is being fueled by escalating globalization. The expansion of distribution channels and globalization are boosting exports and imports, which fuels wine sales. The production and consumption of wine are significantly rising, which is driving up demand for expensive and flavored win...

  According to estimates from Future Market Insights (FMI), the global zero sugar beverages market value is likely to be worth US$ 3,328 million in 2023. It is expected to pick up speed with a CAGR of 14.7% from 2023 to 2033. By 2033, the global market is anticipated to reach a value of around US$ 13,150.6 million . Premiumization has contributed to bridging the gap between luxurious and normal markets. Hence, all customers can acquire exclusive and innovative products.  Manufacturers of zero-sugar beverages can clearly see how premiumization is beneficial. Consumers are now willing to pay more for products with value-added features and actual benefits. They are becoming more confident in the brand name and clean labelling. Considering product quality, leading manufacturers are concentrating on improving consumer-end products. With increasing number of zero-sugar beverages available, modern consumers are able to find products that fit their specific needs and prefer...

  According to the recent FMI report, the  pea protein market size  is anticipated to cross a value of US$ 204.5 Million in 2032. As per the pea protein market analysis report, currently, its net worth is around US$ 65 Million, and it is expected to grow at an impressive CAGR of 11.8% approximately between 2022 and 2032. Over the past few years, consumption of a diet high in protein content has rapidly increased as a result of rising health consciousness among consumers globally. Consumers are driven to hunt for nutrients in packaged food products because of their increasingly hectic lifestyles creating a huge opportunity for all types of alternatives, including pew protein powder. The main factors driving the adoption of a pea protein-rich diet are the expanding fitness habits, especially among millennials, and the increased prevalence of chronic illnesses brought on by altered lifestyles. Growing consumer interest in sports nutrition products as a result of gro...