Infant formula market value is predicted by Future Market Insights (FMI) to reach US$ 38.8 Billion in 2021. Sales are expected to grow at an outstanding CAGR of 10.60% through 2026, driven by a rise in demand for organic baby food.
Future Market Insights’ research indicates that over the estimated time frame, the organic rice protein market is expected to grow at a CAGR of 4.1%.
In 2022, the market for processed meat is projected to be worth US$328.8 billion. New home delivery models have fueled market expansion and are anticipated to change the game during the projected period.
The beer market size is projected to be valued at US$ 690.0 billion in 2023, and is expected to rise to US$ 996.0 billion by 2033. The sales of beer are expected to record a significant CAGR of 3.7% during the forecast period.