FMI Research

  According to predictions, the market percentage for  vegan marshmallows  will increase from  US$74.6 million in 2023  to more than  US$ 172.6 million by 2033 . Because there are more vegans in the world than ever before, vegan marshmallows are becoming more popular. Vegan marshmallow consumption is expected to grow at a  CAGR of 9.8%  between 2023 and 2033 as a result of rising concerns about animal welfare. According to the Vegan Society, demand for plant-based meat substitutes surged by about 1000% in the United Kingdom in 2017, and by 2020, 62% of people will buy plant-based milk. Such trends are offering genuine growth opportunities for well-known vegan marshmallow manufacturers. As customers prefer plant-based and cruelty-free confectionary options, the Vegan Marshmallows market is expanding rapidly. With advances in vegan-friendly ingredients, these marshmallows have the same fluffy texture and exquisite taste as gelatin-free marshmallows. The growing popularity of vegan di

  According to Future Market Insights, the global  Casein Peptone Market  is expected to record a CAGR of 4.2% from 2023 to 2033 and reach a valuation of US$ 395.6 million in 2023. In 2033, it is likely to reach a valuation of US$ 595.7 million. To satisfy the rapidly growing microbiology industry, start-up biotechnology manufacturers and suppliers have entered the peptone market The rapid advancement of the biotech industry drives the growth of the worldwide peptone market. To meet the truly expanding market of lifestyle media, new producers and suppliers have ventured into the peptone market. Furthermore, creative improvements in the peptone and culture medium are expected to aid the peptone industry. Nevertheless, expensive workroom creation and maintenance costs, as well as a shortage of specialists and experts, stymie industry growth. Excellent Manufacturing Practices (GMP) demand the pharmaceutical industry to routinely check the sterility of their manufacturing procedure

  The global  algae fats market  is expected to reach a market valuation of US$ 297.7 million in 2023, accelerating with a CAGR of 5% from 2023 to 2033. The growing demand for algae-based products in various industries such as food, animal feed, and biofuel is driving the growth of the algae fats market. One of the key drivers of the algae fats industry is the growing demand for sustainable and plant-based products. Algae fats are considered to be a healthier alternative to animal fats and are rich in essential fatty acids such as omega-3 and omega-6. Furthermore, the increasing awareness about the environmental impact of traditional animal-based fats and oils is also driving the demand for algae fats as they are considered to be eco-friendly. Despite the growing demand, the algae fats industry faces several challenges. One of the key restraints is the high production cost of algae fats. The technology for large-scale production of algae fats is still in its nascent stage, and the

  The worldwide  isomalt market  in 2022 was valued at US$ 1,013.7 million. According to Future Market Insights, sales are predicted to reach US$ 1,896.7 million by 2033. The market is expected to incline at a 6% CAGR from 2023 to 2033 to reach US$ 1,896.7 million. The food and beverage sector makes extensive use of products from the worldwide isomalt market. Isomalt is resistant to moisture, has a low water absorption rate, and has a pleasantly lasting flavor. Because of these characteristics, isomalt products are frequently utilized in the production of sweets and chewing gum. The pharmaceutical industry uses products from the global isomalt market to create fast-dissolving disintegrating tablets (FDDTs). The worldwide isomalt market is expanding as a result of rising demand for isomalt-based drugs and granules. The global isomalt market is growing as more focus is being placed on preserving optimum health via nutrition, exercise, as well as ingestion of a healthy, sustainable di

  The global  Cavendish banana market  is expected to be worth US$ 16.6 billion in 2022. Evolving customer preferences for health and wellness will drive sales to US$ 25.74 billion by 2033, with a CAGR of 4.3% from 2023 to 2033.  Consumers’ desire to keep a healthy weight along with their adoption of healthy eating habits are what are driving the industry. Due to their accessibility, portability, and ease of consumption, Cavendish bananas are a popular on-the-go snack. Bananas are a frequent element in many ethnic cuisines in countries from Africa, Puerto Rico, Cuba, Latin America, and Asia, other Caribbean islands. Positive indicators for the Cavendish banana sector include the great variety of ethnic foods created with bananas and the rising interest in varied, exotic cuisines among consumers globally. This fruit is being chosen by a large group of health-conscious consumers owing it carried health and nutritional benefits. Fatigue and weakness are symptoms of anemia, which is caus

 The  beverage acidulants market  refers to the industry that produces and supplies acidulants, which are food additives used to impart a sour taste or acidity to various beverages. Acidulants are primarily used to enhance the flavor, balance sweetness, and provide a refreshing taste in a wide range of beverages, including carbonated soft drinks, fruit juices, energy drinks, sports drinks, and alcoholic beverages. The beverage acidulants market is estimated to reach a valuation of US$ 2.4 billion in 2023 and is estimated to reach US$ 3.7 billion by 2033. The market is anticipated to record a CAGR of 4.7% during the forecast period. The growing infrastructure, urbanization, and changing lifestyles are driving market growth. As a result, food & beverage manufacturers increase the demand for beverage acidulants to enhance the taste, flavor, color, and quality of drinks. These producers keep the flavor and color of their original, exotic items while innovating new ones. The bever

 The global  resveratrol market  value is projected to total  US$ 129 million  in 2024 and  US$ 356.4 million  by 2034. Global sales of resveratrol are anticipated to soar at a CAGR of  10.7%  during the assessment period. Demand remains particularly high for extract or plant-based resveratrol, and the trend will likely continue through 2034. This can be attributed to rising consumer preference for natural and sustainable functional ingredients. The global resveratrol industry is projected to expand rapidly during the next ten years. This is due to rising consumer awareness of the potential health benefits of resveratrol and the expanding application of functional ingredients in dietary supplements, nutraceuticals, and cosmetics. Resveratrol is gaining wider popularity across industries like pharmaceuticals and dietary supplements. This is due to its antioxidant and anti-inflammatory properties. Resveratrol has a wide range of applications, such as dietary supplements, medication

 The  eggshell membrane powder market  is likely to capture a valuation of US$ 1.4 billion in 2023. The market is estimated to rise to US$ 5.3 billion by 2033. The market is expected to register a CAGR of 13.1% during the forecast period. How Manufacturers Bring Opportunities in the Market? Manufacturers are bringing opportunities by developing innovative products and expanding their distribution channels to reach more consumers. Here are a few ways in which manufacturers are contributing to the growth of the market: Developing new products:  Manufacturers invest in research and development to create new eggshell membrane powder formulations. These formulations can target specific health conditions, such as joint pain, skin aging, and digestive issues. Enhancing production processes:  Manufacturers are improving their production processes to increase efficiency and reduce costs. It allows them to offer their products at competitive prices wh

 The  fish protein concentrate market  is witnessing substantial growth, driven by the increasing demand for high-quality protein sources, especially in the functional food and dietary supplement sectors. FPC offers several advantages, including improved digestibility, low-fat content, and high protein content, making it an ideal choice for athletes, fitness enthusiasts, and individuals seeking a nutritious diet. The global fish protein concentrate market is to hit US$ 240.3 million in 2033, up from an assessed US$ 122.5 million in 2023, at a CAGR of 6.9% from 2023 to 2033. The escalating intake of fish protein powder to satisfy diet needs and nutrition is predicted to spur more innovation in the business. The increased downward pricing pressure is projected to level the playing field in the near future, as the fish protein concentrate market prepares to bring in new fish protein concentrate manufacturers to capitalize on untouched opportunities. Information Source: https://www.

 The  sea bream market  is expected to grow from US$ 834.5 million in 2023 to US$ 2,057.2 million by 2033, with a CAGR of 9.4% from 2023 to 2033. The sea bream market has expanded significantly as a result of numerous factors. Key factors include rising consumer interest in sustainable solutions and increased public understanding of the health  benefits of seafood . Additionally, improved fish farming techniques and aquaculture practices have increased sea bream availability and productivity. The market is constrained by price volatility and potential environmental effects. Threats include competition from several other seafood varieties and different protein sources. On the other hand, there is potential to take advantage of developing markets, investigate fresh avenues for distribution, and create ground-breaking sea bream goods to satisfy changing consumer expectations. The market also gains from cultural ties and a worldwide audience, boosting its appeal to domestic and forei

 Global  feed barley  sales are expected to be valued at around  US$ 1,232.3 million  by the end of 2024. The market is projected to register a  5.6%  CAGR in the forecast period from 2024 to 2034. It is anticipated to reach a market valuation of  US$ 2,125.0 million  by 2034. Cereal grains like barley are mainly fed to fish, fowl, and other animals. In temperate climates, it is typically utilized as livestock feed grain. Barley is regarded as a good source of tryptophan, lysine, cysteine, methionine, and protein. It also has an excellent metabolizable value of energy for ruminants and a high energy digestibility. In diets containing dairy and beef, barley is crucial for generating rumen microbial yields. It is packed with nutrient feed choice that offers the vital proteins, fibers, and carbohydrates needed to promote an animal’s growth and development. The bulk of barley used globally is produced in Russia, with Germany, France, and Ukraine following closely behind. The United

 According to Future Market Insights (FMI) analysis, the  Global Vegan Collagen Market  is expected to reach  US$ 150.1 million  in 2024. The market is projected to expand at a CAGR of  9.1% , reaching  US$ 357.7 million  by 2034. A primary driver of the vegan collagen market is the growing inclination of consumers toward functional and naturally produced components. Vegan collagen is becoming increasingly popular as people seek ethical and ecological options. This is especially applicable in the health and cosmetic market. The development of several forms of vegan collagen, including plant-based collagen peptides and fermentation techniques, has further propelled the market’s expansion. Multiple industries are incorporating vegan collagen into their products and services to gain traction. Vegan collagen products are becoming popular as consumers seek plant-based collagen substitutes rather than animal collagen. The market also benefits from the increased awareness and adoption o

 As per the latest analysis, the global  beet sugar market  value is expected to total  US$ 4.6 billion  in 2024. Overall, beet sugar demand is projected to increase at  5.5% CAGR  throughout the forecast period. Accordingly, the total market valuation is set to reach  US$ 7.8 billion by 2034 . Demand in the market remains exceptionally high for granulated beet sugar. The target segment is anticipated to account for a revenue share of  45.6%  in 2024. This can be attributed to growing usage of granulated sugar for different applications due to its versatility. Several factors are expected to drive growth of the beet sugar industry during the assessment period. These include high sugar demand, expanding food & beverage industry, and rising preference for  cane sugar alternatives . In recent years, there has been a dramatic rise in sugar demand, including beet sugar, and the trend is expected to continue through 2034. This is due to factors like population explosion, urbanizati