The global self-rising flour market size is worth around USD 958.39 million in 2024 and is anticipated to reach around USD 1,853.82 million by 2034, growing at a CAGR of 6.82% over the forecast period 2024 to 2034. The North America self-rising flour market size reached USD 331.96 million in 2023. The rising demand to consume softer, lighter, and tender baked goods contributes to the self- rising flour market.
The global vitamin ingredients market size is worth around USD 6.38 billion in 2024 and is anticipated to reach around USD 11.06 billion by 2034, growing at a CAGR of 5.65% over the forecast period 2024 to 2034. The market is driven by the rising demand for vitamin-based supplements. The growing awareness about the healthy lifestyle further boosts the global vitamin ingredients market.
The global fish processing market size is worth around USD 390.37 billion in 2024 and is anticipated to reach around USD 693.83 billion by 2034, growing at a solid CAGR of 5.92% over the forecast period 2024 to 2034.
The global individual quick freezing market size is worth around USD 22.44 billion in 2024 and is anticipated to reach around USD 37.33 billion by 2034, growing at a CAGR of 5.22% over the forecast period 2024 to 2034. The North America individual quick freezing market size reached USD 7.47 billion in 2023.
The global wet pet food market size is worth around USD 26.64 billion in 2024 and is anticipated to reach around USD 41.45 billion by 2034, growing at a CAGR of 4.52% over the forecast period 2024 to 2034. The North America wet pet food market size reached USD 9.69 billion in 2023. Increasing demand to incorporate multiple nutrients into one container that keeps pets hydrated, tempted, healthy, and provides low calories contributes to the growth of the wet pet food market.
The global deodorization system market size is worth around USD 4.53 billion in 2024 and is anticipated to reach around USD 7.33 billion by 2034, growing at a CAGR of 4.92% over the forecast period 2024 to 2034. The market is growing as a result of fast-growing urbanization, and the demand for better odor control and air quality.
The global fortified dairy products market size is worth around USD 124.38 billion in 2024 and is anticipated to reach around USD 221.28 billion by 2034, growing at a CAGR of 5.93% over the forecast period 2024 to 2034. The growing health awareness and nutritional deficiencies are the key factors driving the fortified dairy products market growth.
The global cereal ingredients market size is worth around USD 457.53 million in 2024 and is anticipated to reach around USD 691.71 million by 2034, growing at a CAGR of 4.22% over the forecast period 2024 to 2034. The North America cereal ingredients market size reached USD 136.09 million in 2023. The cereal ingredients market growth is attributed to increasing consumer demand for healthy and convenient breakfast options.
The global natural food color market size is worth around USD 1.57 billion in 2024 and is anticipated to reach around USD 3.49 billion by 2034, growing at a notable CAGR of 8.31% from 2024 to 2034. Increasing regulations for the manufacturing of food products is contributing to market growth.
The global processed meat market size is expected to be worth USD 698.10 billion in 2024 and is anticipated to reach around USD 1,260.84 billion by 2034, growing at a solid CAGR of 6.09% over the forecast period 2024 to 2034.The rapid expansion of fast-food chains such as Burger King, KFC, McDonald's, Subway, and Taco Bell has significantly influenced the increase the demand of the processed meat market.
The global potato protein market size is expected to be worth USD 208.85 million in 2024 and is anticipated to reach around USD 350.71 million by 2034, growing at a CAGR of 5.32% over the forecast period 2024 to 2034.
The global bulk food ingredients market size is expected to be valued at USD 342.37 billion in 2024 and is anticipated to reach around USD 527.64 billion by 2034, expanding at a solid CAGR of 4.42% over the forecast period 2024 to 2034. The bulk food ingredients market growth is attributed to the growing demand for cost efficiency, reduced packaging waste, easy inventory control, and operational effectiveness, which is beneficial in the long run to survive constant industry changes.
The global food intolerance test market is ready and the increasing demand highlights its potential. It is projected to grow at a solid CAGR during the forecast period from 2024 to 2034. The key driver of the food intolerance test market is the increasing demand due to higher incidences, rising awareness, and technical developments.
The global monk fruit sweetener market size is projected to be worth around USD 801.57 million by 2034 from USD 381.40 million in 2024, at a CAGR of 7.71% from 2024 to 2034. The increasing awareness regarding the health benefits of the product is helping to increase its demand in the food and beverage industry. Additionally, the increasing demand for monk fruit sweeteners for bakery items like cake drives the monk fruit sweetener market growth.
The global malt beverages market size is projected to be worth around USD 1,810 billion by 2034 from USD 844.61 billion in 2024, at a CAGR of 7.92% from 2024 to 2034. Consumers' preference for more diverse and innovative flavors is the key factor driving market growth. Innovative product launches such as flavored malt beverages (FMBs) and hard seltzers can fuel market growth further. Rising health consciousness among consumers is expected to boost the malt beverages market growth soon.
The global bovine gelatin market size is projected to be worth around USD 8.53 billion by 2034 from USD 3.87 billion in 2024, at a CAGR of 8.23% from 2024 to 2034. The bovine gelatin market is driven by the increasing demand for products that are healthy and natural. Customers prefer natural ingredients like bovine gelatin because they seek healthier substitutes for artificial chemicals. This drives the growth of the bovine gelatin market.
The global brewing ingredients market size is projected to be worth around USD 81.60 billion by 2034 from USD 42.15 billion in 2024, at a CAGR of 6.83% from 2024 to 2034. The benefits of brewing ingredients include natural antibacterial properties that help to preserve beer, flavor & aroma, bitterness, etc. contributing to the growth of the market.
The global food emulsifiers market size is expected to be worth around USD 6.17 billion by 2034 from USD 3.82 billion in 2024, at a CAGR of 4.92% from 2024 to 2034. Food emulsifiers improve texture and flavor, prevent separation in mayonnaise-like products, preserve processed food items, and improve flavor and aroma.
The global natural sweeteners market size is anticipated to reach around USD 48.60 billion by 2034 from USD 25.89 billion in 2024, at a CAGR of 6.50% from 2024 to 2034. Growth in the market is driven by a shift in consumer preferences towards healthier foods. Consumers are also increasingly expressing a desire for natural products that are free from ‘artificial’ additives, leading to further growth in the natural sweeteners market.
The global wheat starch market volume is anticipated to reach around 5.6 million tonnes by 2034 from 4.37 million tonnes in 2024, at a CAGR of 2.51% from 2024 to 2034. The increasing food consumption, rising demand for gluten-free diet, and expansion of pharmaceutical sector are the driving factors of wheat starch market.
The global meat substitutes market size is projected to be worth around USD 23.09 billion by 2034 from USD 7.26 billion in 2024, at a CAGR of 12.26% from 2024 to 2034. The ongoing criticisms regarding animal farming are increasing the demand for meat substitutes, fueling the market growth.
The global cultured meat market size is projected to reach around USD 36,569.73 million by 2034 increasing from USD 568.83 million in 2024, at a CAGR of 51.64% from 2024 to 2034. The North America cultured meat market size reached USD 138.79 million in 2023. The cultured meat market growth is attributed to rising consumer demand for sustainable and ethical food solutions.
The global feed mycotoxin binders and modifiers market size is projected to reach around USD 3.64 billion by 2034 from USD 2.62 billion in 2024, at a CAGR of 2.62% from 2024 to 2034. The feed mycotoxin binders and modifiers market are driven by the mycotoxin contamination in animal feed is becoming more common.
The global alternative protein market size was USD 15.38 billion in 2023, calculated at USD 16.65 billion in 2024 and is expected to reach around USD 36.37 billion by 2034, expanding at a CAGR of 8.23% from 2024 to 2034. The North America alternative protein market size reached USD 5.84 billion in 2023. Rising awareness about the benefits of plant-based protein can increase the alternative protein market.
The global microalgae market size was USD 11.86 billion in 2023, calculated at USD 12.81 billion in 2024 and is expected to reach around USD 25.72 billion by 2033, expanding at a CAGR of 8.05% from 2024 to 2033. Microalgae are beneficial for humans and the ecosystem as they absorb carbon dioxide and release oxygen during photosynthesis.
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