FMI Research

  Revenue from the sales of natural distillates is expected to be USD 2,767 million in 2024. The natural distillate market is estimated to attain USD 6,207 million by 2034. Throughout this period, the market is anticipated to record a CAGR of 8.4%. The demand for natural distillates is surging across various end-use sectors. In the food and beverage processing sector, the demand for natural distillates is rising as they extend shelf life, reduce dependence on artificial additives, and act as preservatives. They also help food and beverage manufacturers to develop innovative products using varied flavor profiles. The application of natural distillates is also rising in seasonal offerings and limited editions as they capture the essence of seasonal herbs and fruits. These distillates also enhance the visual appeal of baked goods by imbuing them with a natural color. Rising consumer demand for beverages that have less artificial taste profile is fueling demand for natural fruit d

  According to Future Market Insights (FMI), the global  pet food ingredients market  is set to be valued at  US$ 42.2 billion  in 2023. It is anticipated to reach  US$ 68.3 billion  by 2033. The market is expected to escalate at a CAGR of  4.9%  from 2023 to 2033. Increasing pet ownership is the primary reason driving demand for pet food ingredients. Rising pet ownership has a big impact on demand for non-discretionary and discretionary goods such as treats, toys, and other food items. Percentage of homes with pets is relatively high among millennials, senior adults, and one-person households. The number of families with cats and dogs as pets is increasing, which is a key factor driving the pet food ingredients industry. The use of parabens is governed by the USA Food and Drug Administration (FDA). It is a preservative that is typically present in pet food ingredients, as well as pharmaceutical and cosmetic products. Reproductive, nervous, and developmental systems of animals ma

  The global  spice coated casing market  is expected to be worth  US$ 429.4 million  in 2024. The sector is expected to be valued at  US$ 629.5 million  by 2034, expanding at a  CAGR of   3.9%  between 2024 and 2034. With a spike in popularity across numerous cuisines and food applications, the market for spice-coated casing is seeing expansion driven by rising consumer demand for delicious and creative food items. The rising popularity of ethnic meals and new culinary trends support the spice coated casing market’s rise. The growing trend of consumers making health-conscious purchases has led them to select spice-coated food casings over traditional ones. The perceived flavor benefits of adding extra spice to meal portions may be responsible for the rise in demand. The increasing population and urbanization drive growth in the market for spice coated casing. The market is growing because of shifting customer preferences for artificial casings and improved spice adhesion provided by

  The  yeast beta glucan market  is expected to surge at  5.1%  CAGR, reaching  US$ 991.5 million  by 2034. This growth is propelled by a heightened awareness of overall well-being, underscored by the harmonious integration of natural ingredients and sustainable practices. The yeast beta glucan market is witnessing dynamic growth fueled by the escalating demand for natural, functional, and sustainable ingredients across diverse industries. Rising product demand in applications such as animal feed and functional food is anticipated to be a key market driver over the projected period. The need for  functional foods  is growing worldwide due to several variables, including the surging elderly population and increasing prevalence of chronic diseases. Women and children are most likely to have low immunity, particularly in developing nations. The market for products that help increase immunity is predicted to rise due to growing consumer knowledge of health issues. Preventive regimens

  The  bread emulsifier market  is expected to expand at a CAGR of  3.6%  through 2034. The market value is projected to increase from  US$ 1,777.6 million  in 2024 to  US$ 2,534.4 million  by 2034. The expanding bakery sector, shifting consumer tastes, and the requirement for baked goods to have a longer shelf life are the key factors driving the demand for bread emulsifiers. Emulsifiers are used by manufacturers because of the convenience of packaged goods and the desire of consumers for healthier, fresher, softer bread. The movement toward clean-label products is a result of the growing emphasis on health and well-being. Due to consumer demand for shorter ingredient lists and aversion to artificial additives, emulsifiers from natural sources are gaining traction in the market. Ongoing research and development aims to produce emulsifiers with enhanced stability, functionality, and sensory qualities. The ongoing development of emulsifier goods and the use of these products in th

  The global  egg powder market   is expected to be at a valuation of US$ 1,934.2 million in 2024. Egg powder sales are likely to account for roughly 5.8% of the overall protein market this year. The worldwide demand for egg powder is projected to grow with a CAGR of 9.6% between 2024 and 2034. The global market size of egg powder by 2034, in terms of value, is forecast to be around US$ 4,843.5 million. Egg powder’s prospects are being bolstered by the growing health & wellness trend, owing to the fact that it is a complete protein that is diet-friendly, lactose-free, and aids in muscle regeneration. Egg powder’s lactose-free property has recently sparked curiosity as a potential replacement for dairy-based whey alternatives. Furthermore, protein powders in the market were only available in whey and casein protein which are both dairy-based protein powders, making them unsuitable for people with dairy allergies. Egg powder, on the other hand, is lactose-free, making it an exc

  The  margarine market  is projected to increase from US$ 34,617.0 billion in 2023 to US$ 55,711.7 billion by 2033, with a CAGR of 5.1% from 2023 to 2033. The market expansion is primarily driven by the rising demand for margarine in the culinary, health, and wellness sectors. Margarine finds applications in diverse industries, including retail, food service, personal care, cosmetics, and medical, further contributing to its market growth and widespread usage. Margarine products offer several health advantages, including reducing the risk of heart disease, delivering essential vitamins A and D, and supporting weight reduction. Health-conscious consumers are rapidly recognizing margarine’s remarkable health benefits and versatility, leading to a surge in demand. The potential to enhance health while providing unique flavor profiles makes margarine a popular choice among consumers seeking healthier and tastier alternatives. This trend has led to rising demand for margarine as a su

  The global  agricultural surfactant market  is poised to cross  US$ 1.8 billion  in 2024 and is likely to attain a valuation of  US$ 3.5 billion  by 2034. The market is projected to expand at a  CAGR of 6.5%  from 2024 to 2034. The demand for agricultural input is changing due to the rise in organic farming. Farmers aiming to obtain organic certification increasingly need bio-based and organic surfactants. Surfactant makers can benefit from diversifying their product portfolios and gaining market share in the premium organic category by entering the growing organic industry, leading to consistent revenue growth. The agriculture sector’s sustainability movement is pushing the demand for green solutions. Ecofriendly agricultural surfactants are becoming more popular because of their improved agrochemical efficiency and less environmental effects. The implications for business include satisfying environmentally conscious consumers, fulfilling sustainability standards, and coordinati

  The global functional chewing gum market is estimated to be valued at   US$ 15,345.6 million and further accelerate at 9.8% CAGR during the forecast period. By 2034, the total market valuation is anticipated to reach US$ 38,924.5 million . CBD-infused gums remain the top-selling products in the market. As per the latest analysis, the CBD-infused gum segment is expected to account for a revenue share of around 18.3% in 2024. This can be attributed to the potential health benefits and better convenience of CBD gums. Several factors are expected to stimulate the growth of the functional chewing gum industry during the assessment period. These include: Growing health consciousness and rising demand for healthy food products Increasing awareness about the potential health benefits of functional chewing gums, especially across emerging nations Continuous innovation in functional chewing gum formulations Rising emphasis on maintaining oral and ment

  The global functional chewing gum market is estimated to be valued at   US$ 15,345.6 million and further accelerate at 9.8% CAGR during the forecast period. By 2034, the total market valuation is anticipated to reach US$ 38,924.5 million . CBD-infused gums remain the top-selling products in the market. As per the latest analysis, the CBD-infused gum segment is expected to account for a revenue share of around 18.3% in 2024. This can be attributed to the potential health benefits and better convenience of CBD gums. Information Source : https://www.futuremarketinsights.com/reports/sample/rep-gb-18968 Several factors are expected to stimulate the growth of the functional chewing gum industry during the assessment period. These include: Growing health consciousness and rising demand for healthy food products Increasing awareness about the potential health benefits of functional chewing gums, especially across emerging nations Continuous innovation in fun

  The anticipated market size of the global  edible fungus market  by 2034 will be US$ 81.48 billion at a sluggish-to-moderate CAGR of 4.5%. The estimated market size after 2024 will be US$ 52.24 billion. The fundamental market driver for the subject market is the changing consumer preferences worldwide. Health consciousness is embraced by most of them, which emphasizes restructuring the diet. Mushroom provides a perfect option for nutrient-rich food. Consequently, its demand is rising, driving the subject market. The growth of the food and beverage industry leverages the scope of innovation, allowing for different obsolete items to be included. Mushroom falls under the said category and has also gained popularity in the industry. Due to this, it drives the subject market. Mushrooms have gained popularity as an alternative to meat. Consumers, being more inclined toward vegan and vegetarian diets, prefer mushrooms as a replacement for meat. Hence, this drives the market. Informa