FMI Research

 According to Future Market Insights (FMI), the global animal feed industry is set to be valued at  US$ 530.0 billion in 2023. It is anticipated to reach US$ 929.0 billion  by 2033. Over the next ten years, global animal feed demand is likely to increase at a CAGR of  7.3% . Increasing world population has boosted demand for animal protein. Demand for the production of livestock and poultry has surged as more individuals move into the middle class and adopt diets high in meat & dairy products. A greater amount of animal feed is needed to meet this demand. Rising demand for animal feed is partly a result of economic growth in emerging markets. Populations of nations such as China, India, and Brazil are demanding more varied meals as a result of rising industrialization and urbanization of those nations. As a result, people are eating more meat, which has increased the need for animal feed.   Growth in demand for animal feed has been significan...

 According to Future Market Insights (FMI), the worldwide sorbic acid market is valued at  US$ 62.2 million in 2023. It is anticipated to reach US$ 121.9 million  by 2033. Over the forecast period 2023 to 2033, global sorbic acid demand is likely to increase at a CAGR of  7.0%. Growing demand for packaged food products with extended shelf life and growing usage of sorbic acid as a safe and effective food preservative are key factors driving the market. Sorbic acid is mostly used as a preservative in the food and beverage sector. It restricts the growth of microorganisms and also amplifies the shelf life of food products. The demand for clean-label ingredients and natural food preservatives is gaining traction. This in turn is prompting companies to use preservatives such as sorbic acid. Find more insights in a sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17642 Regulatory authorities such as EFSA and FDA have permitted t...

 In recent years, the  Champagne Market  has embraced sustainability and environmental responsibility. As environmental concerns gained prominence, several Champagne houses implemented eco-friendly practices, from organic and biodynamic viticulture to reducing their carbon footprint during production and distribution. The Champagne Market is securing a valuation of US$ 7.3 Billion in 2023 and is projected to reach US$ 11.9 Billion by 2033. The market is capturing a CAGR of 5% during the forecast period. In the world of sparkling wines, Champagne reigns as the epitome of elegance, luxury, and celebration. Originating from the picturesque Champagne region in France, this effervescent drink has captivated hearts worldwide for centuries. Today, the Champagne market continues to sparkle, embracing innovation while cherishing its rich tradition and heritage. For details on vendors and their offerings – Request your sample report:   https://www.futuremarketi...

 The  vegan yogurt market  is anticipated to thrive at a steady  CAGR of 5.8%  between 2023 and 2033. The market is anticipated to cross a valuation of  US$ 11.7 billion  by 2033, while it is valued at  US$ 6.7 billion  in 2023. The rising vegan movement all over the world is contributing to the higher production and sales of vegan consumables, such as yogurt and milk. These products are there to replace dairy products. Vegan yogurt’s popularity with its health benefits provided by higher fiber, calcium, and protein levels is flourishing in its sales. A big chunk of the urban population that doesn’t follow a vegan diet also tries vegan Yogurt because of its taste and health benefits. Vegan yogurt is treated as a super food that is provided in some urban settings. A section of lactose intolerant people also consume vegan yogurt to fulfill their nutritional requirements, while not comp...