The global seafood market is expected to be worth US$ 110.2 billion by 2022, growing at a CAGR of 3.6 percent between 2022 and 2032. Between 2017 and 2022, seafood sales grew at a CAGR of 3.3 percent, and between 2022 and 2032, they will grow at a CAGR of 3.6 percent. According to FMI, the US seafood market will be worth USD 28.5 billion in 2022,...

Egg Replacement Market Will Top US$ 1.5 Bn by 2032 As Demand for Vegan Alternatives Bolsters According to the recent FMI report, the sales for egg replacers are expected to rising at a CAGR of around 5.4% through the end of 2032. Food preferences have shifted considerably around the world in the last decade. Vegan food is becoming more popular as health problems related...

As per a recent market analysis by Future Market Insights (FMI), the global Cheese Market is forecast to total US$ 92 Bn in 2022. With sales growing at a 3.4% CAGR, the market valuation will reach US$ 128.5 Bn in 2032. Increasing preference for healthier snack options is encouraging product developments in the market. Consumers are more concerned about portion control than giving in...

The global butter market is set to witness growth at a CAGR of 4.9% over the forecast period (2022-2032), topping a valuation of US$ 28.7 Bn by 2032. Butter has a wider applicability in food industry and is used in making sauces or for frying and to the different packaged food items or snacks such as wafers and cookies. Consumers are experimenting different...