FMI Research

  Energy drinks , erstwhile, only consumed and even marketed for the athletic community, have made their place in the shopping baskets of every household. The market, with a staggering revenue of  USD 38,300 million , has reached its all-time peak in 2024. With the advent of plant-based and non-dairy energy drinks, the market is very likely to flourish in the coming future. The need for instant refueling of energy, especially in the younger demographics, is shaping the future of this market. With the proliferation of influencer brands in developed countries like the United States, the United Kingdom, and India, this global valuation is slated to surpass  USD 64,876 million  by 2034. Considering the rising number of people dealing with chronic diseases, brands in developed countries are also introducing zero-calorie or no-fat energy drinks. In countries like Japan, Germany, China, etc., where the growing aging population is the key concern, these types of strategi...

  The  ready-to-drink beverage (RTDs) market  value is expected to rise from US$ 206.25 billion in 2024 to US$ 430.30 billion by 2034. This market is analyzed to propel ahead at a CAGR of 7.60% over the next decade. Industry players are strategizing for growth by increasing their college campus presence via nutrition-promoting programs. In addition, players are progressively working with collegiate sports programs and NIL athletes to give a boost to their brand awareness and promote product affinity. With growing busy consumers in metropolitan cities, RTD beverage brands are promoting themselves as a lifestyle brand. These brands attune their products to consumers’ values, like freedom, wellness, and authenticity, to sell their products. Key players offering energy RTDs, like the America-based Celsius, are building a strong foundation of loyal customers, typically found within the fitness community who increasingly consume energy boosters. Customers for these brands...

 The global  chitosan market  is anticipated to be worth US$ 1,343.2 million in 2023, growing at a 14.3% CAGR from 2023 to 2033. The sales of chitosan products are expected to exceed US$ 5,112.14 million by 2033. One of the key factors driving the sales of chitosan products is the shift towards natural and sustainable products. As consumers become more aware of the environmental impact of their purchases, they are increasingly seeking out products that are eco-friendly and biodegradable. In addition, the growing demand for natural and sustainable products in industries such as food, agriculture, and cosmetics is driving the adoption of chitosan-based products. Furthermore, the antimicrobial properties of chitosan are also driving its adoption in the food and medical industries. As consumers and industries seek natural and sustainable alternatives to synthetic materials and chemicals, chitosan has become an increasingly popular choice. One trend in the chitosan industr...

  The  marine collagen market  is anticipated to surpass  US$ 859 million in 2024  and is likely to attain a valuation of  US$ 1,074.00 million by 2034 . The marine collagen size is projected to expand at a  CAGR of 7.10%  from 2024 to 2034. Key Coverage in the Marine Collagen Market Report Adjacent Study of the Fish Collagen Market, Marine Collagen Powder Market, Collagen Market, Fish Collagen Peptides Market, and the Marine Hydrolyzed Collagen Market. Demand Analysis of Collagen Derived from Fish Industry Waste Revenue Analysis of China Marine Collagen Market Consumption Analysis of Russia Marine Collagen Market Demand for marine collagen-based nutricosmetics is being driven by the confluence of health and beauty trends. The supposed advantages for skin elasticity, hydration, and anti-aging properties are driving sales of marine collagen and several nutricosmetic products. Functional foods...

  The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%. The production of fishmeal and fish oil is expected to increase moderately in the coming years as a result of improved by-product utilization and a growing aquaculture industry. According to the OECD, aquaculture's contribution to global fish culture will continue to grow and will surpass that of fisheries by 2024. Aquaculture production is expected to reach 105 million tons by 2029, ten million tons more than the capture sector. As feed demand has increased in tandem with increased aquaculture production, the inclusion of fish meal and fish oil in feed recipes has clearly declined, and has been partially replaced by vegetable substitutes such as soymeal and rapeseed oil. Due to their scarcity, fishmeal and fish oil will be employed more ...

  The global feed attractants market has an estimated market valuation of USD 6,988.4 Million in 2024 and is projected to grow at a CAGR of 8.6 % to reach a market valuation of USD 15,946.9 Million by 2034 . A few key factors and trends are driving the growth of the feed attractants market. A major trend is a preference for natural and organic ingredients. There’s a shift in consumer preferences towards healthier and more sustainable animal products as people become more health-conscious and environmentally aware. This has forced manufacturers to incorporate natural ingredients in their feed attractants. There is also an increasing trend towards customized formulations. They make attractants suitable for specific species, life stages, and dietary needs possible. More than anything else, this customization enhances feed efficiency and promotes optimal animal growth. Technological integration is another critical factor within the market. The use of advanced technologies like ...

  The global clean label ingredients market is anticipated to reach a valuation of US$ 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 US$ 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 ingredi...

  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 US$ 85.97 billion by 2033 while it is likely to be valued at US$ 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...

  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 ...

  The  feed phytogenic market  is projected to be worth US$ 782.3 million in 2023. By 2033, the market is expected to surpass US$ 1,142.13 million. The demand for phytogenic feed is expected to expand at a CAGR of 3.5% during the forecast period. The feed phytogenic industry is an emerging segment of the animal feed industry, which has witnessed significant growth over the past few years. Feed phytogenic products are plant-based additives. They are used in animal feed to enhance animal performance, gut health, immunity, and overall well-being. The increasing demand for animal protein and livestock production, along with the ban on antibiotic growth promoters in animal feed, has been driving the growth of the market. Despite the growing demand for feed phytogenic products, the industry still faces certain challenges that act as restraints for market growth. The lack of awareness and knowledge regarding the usage and benefits of phytogenic feed additives. As well as the...

  The  food dehydrator market  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 US$  3,761 Mn . In 2021, the market was estimated at US$  2,028 Mn . 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 indus...

  The global  aloe vera extracts market  is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of USD 3.5 billion in 2023 and USD 7.3 billion by 2033. Aloe vera extraction is employed to create powders, gels, capsules, beverages, and concentrates. Consequently, the consumption of Aloe vera-based products has experienced a notable upswing in recent decades, leading to an increased preference for Aloe vera over its competitors. Information Source: https://www.futuremarketinsights.com/reports/aloe-vera-extracts-market Key Opportunities Upsurge the Global Market Increasing Demand for Organic and Natural Products:  Consumers’ growing demand for organic ingredients products in cosmetics, healthcare, and personal care. The demand for aloe vera extracts is widely used for healing and soothing properties in these industries. Health and Wellness Trends:  Rising demand for hea...