FMI Research

  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

  According to Future Market Insights (FMI), the  global detox drink market  is expected to expand at a CAGR of  3.3%  by 2034. The industry’s estimated value is set to increase from  US$ 1,689.0 million  in 2024 to  US$ 2,345.0 million  in 2034. Increasing health-conscious population worldwide is projected to surge demand for food products that are natural and organic. Consumers prefer products that offer multiple benefits, such as continuous body hydration & electrolytes, antioxidants, and fiber, fueling demand for detox drinks. Rising acceptance of preventive healthcare products with more natural ingredients and easy accessibility of these products are set to fuel the market. Also, the appeal of non-GMO and all-natural ingredients drives market expansion, matching the broad trend of health-conscious consumer choices. Product manufacturers and leading companies are focusing on research & development to improve detox drinks in various formats, further attracting consumer

  According to Future Market Insights (FMI), global  astaxanthin sales  are estimated to be worth  USD 273.2 million  in 2024. The market is expected to reach  USD 665.0 million  by 2034. It is projected to surge at a CAGR of  9.3%  in the forecast period 2024 to 2034. Astaxanthin’s increasing demand is driven by its use in aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food & beverages industries. It is widely used as a food ingredient for prawns and fish to enhance coloration and commercial value. Astaxanthin benefits aquatic animals by increasing stress tolerance, performance, immune-related gene expressions, reproductive capacity, survival, and disease resistance. The market is expected to rise due to the consistent demand from the food industry, where astaxanthin is used as a food additive due to its health benefits, such as anti-inflammatory effects and prevention of cardiovascular diseases. Studies have shown that astaxanthin is set to prevent

  In 2023, the US$ 5893 million for the food authenticity testing service market ( Markt für Dienstleistungen zur Prüfung der Lebensmittelauthentizität ) is estimated to reach a revised size of US$ 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period. Consumers have become increasingly skeptical about the authenticity of food products designed to meet specific needs, such as vegan, free-form, and organic. This is due to intentional ingredient substitution, misleading consumers with false claims, and disruptive labeling. To differentiate their products from conventional offerings, food manufacturers have adopted food authentication techniques to capture significant market share. Consumers are increasingly concerned about food safety and clean labels, so adoption may be on the rise. The increasing incidence of fraud, false labeling, certification, and adulteration in food products is one factor driving the market growth. Additionally

  The  Bubble Tea Market  ( Bubble Tea-Markt )  is expected to increase at a  9% CAGR  from 2023 to 2033, above the  9.1% CAGR  witnessed between 2018 and 2022. This huge increase in growth rate suggests a high demand for bubble tea, resulting in a significant increase in market value from  US$ 2.72 billion  in 2023 to  US$ 6.17 billion  by 2033. The bubble tea market has experienced enormous expansion and appeal in recent years. Consumer demand for unique and exotic beverages is one of the primary drivers of this expansion. Bubble tea, also known as boba tea, is a refreshing blend of tea, milk, fruit tastes, and chewy tapioca pearls that appeals to a wide range of palates. The market is driven by the growing popularity of Asian cuisine and the influence of social media, which has played a significant role in promoting and popularizing bubble tea globally. The visually appealing presentation, customizable options, and innovative flavors have made bubble tea a trendy and sought-afte

  The global  plant-based yogurt market  size is likely to jump from US$ 4,489.87 million in 2023 to US$ 15,398.39 million by 2033. This projected expansion is anticipated to result from a remarkable 13.1% CAGR in the demand for plant-based yogurt over the upcoming decade. The plant-based yogurt market, which was until a few years ago thought to be in its infancy, has taken off in part because of flexitarians, who alternate between eating dairy and non-dairy products. Given the rising popularity of plant-based diets, the plant-based yogurt market has developed. Different plant-based diets have become more popular around the globe. Plant-based yogurt has emerged as a new option to follow sustainable dietary habits. Because of its nutritional advantages, plant-based yogurt is becoming gradually popular in place of traditional dairy yogurt. Dairy products are being consumed less frequently globally as a result of their declining shine. One of the primary variables influencing the heal

  The  poultry feed market  is expected to increase from US$ 216.5 billion in 2023 to US$ 365.6 billion by 2033. Increased Use of Online Food Delivery Channels is Contributing to the Growth of the Poultry Business Farmers feed poultry birds such as ducks, turkeys, chickens, geese, and other domestic birds with poultry feed. Modern feed is created by carefully selecting and combining ingredients to provide a high nutritional diet that maintains the health of poultry birds while also boosting the quality of end products such as meat and eggs. The primary ingredients required by poultry birds for development, reproduction, maintenance, and health include minerals, vitamins, carbohydrates, proteins, and water. Protein is a vital source of energy for chicken birds, particularly when carbohydrate and fat intake is low. The lack of anti-nutritional substances such as phytic acid, as well as the effect of unrestricted feed intake on the digestive tract of poultry birds, are driving up de

  As per the latest market research conducted by FMI, the global  CBD oil market  is expected to record a CAGR of  31%  from 2023 to 2033. In 2023, the market size is projected to reach a valuation of  US$ 389 million . By 2033, the valuation is anticipated to reach  US$ 5,980.6 million . The primary reasons propelling the market’s growth include rising demand and expanding legalization of cannabis, emerging applications of cannabis in cancer treatment, and the health advantages provided by products infused with cannabis. In the upcoming years, there are likely to be considerable development prospects for market participants due to the inclusion of cannabis in pet food and the rising demand for beverages with cannabis flavoring. Cannabis is also the illicit substance that is grown, transported, and misused the most extensively worldwide. Broad cannabis use, both for recreational and therapeutic purposes, has received increasing acceptability across the United States, as indicated b