Food and Beverages Market Research Reports

  The global   wet pet food processing equipment market   was valued at USD 1,625.7 million in 2024 and is anticipated to grow to USD 2,699.5 million by 2030, representing a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033. This growth is primarily fueled by increasing pet ownership worldwide—particularly in emerging regions like Asia Pacific and Central & South America—and a rising trend in pet humanization.   As pet owners demand higher quality, nutritious, and premium food choices for their pets, manufacturers are focusing on advanced processing technologies to align with changing consumer preferences and regulatory requirements. This evolution is driving the need for efficient, automated, and hygienic processing equipment in the wet pet food sector globally. The trend towards premiumization, stemming from heightened health awareness among pet owners, is expected to further propel market growth. In addition, the increasing consumer preference for c...

  The global   sugar substitutes market   was valued at USD 7.97 billion in 2024 and is projected to reach USD 15.48 billion by 2033, expanding at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2033. This growth is driven by rising health consciousness and an increasing prevalence of diabetes and obesity. The demand for low-calorie, natural sweeteners in food and beverage products further propels market growth. The sugar substitute market is also driven by a growing preference for clean-label and plant-based ingredients, as consumers look for healthier alternatives to refined sugar. Technological advancements in formulation have improved the taste and stability of sugar substitutes, expanding their applications in various sectors. Additionally, government initiatives aimed at reducing sugar intake are encouraging product innovation. The increasing availability of sugar-free and functional food products in retail channels also supports steady market growth. Grow...

  The global   specialty food ingredients market   was valued at USD 101.9 billion in 2023, with expectations to reach USD 144.9 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. This growth is primarily fueled by the rapid expansion of key sectors such as food and beverages, pharmaceuticals, and personal care, alongside increased presence of both organized and e-retail channels worldwide.   Specialty food ingredients play vital roles in preserving, texturizing, emulsifying, coloring, processing, and enhancing the health aspects of food products. They are essential for providing consumers with a diverse array of processed foods. Their range includes micro-ingredients like vitamins, minerals, and enzymes, as well as macro-ingredients such as proteins, fats, carbohydrates, fibers, and other substances. The market is increasingly driven by consumer demand for products devoid of artificial ingredients and additives, prompting the...

  The global   protein ingredients market   was valued at approximately USD 52.63 billion in 2024 and is projected to reach USD 85.84 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2033. This robust and sustained growth is driven by increasing consumer awareness about the vital role of protein in overall health, muscle development, and metabolic function.   Several factors contribute to this surge in demand, including a shift in dietary preferences toward high-protein foods, rising trends in fitness and sports nutrition, and an increasing interest in plant-based and clean-label products. The COVID-19 pandemic amplified the focus on health and wellness, leading consumers to seek protein-rich options that support immunity, energy levels, and recovery. Additionally, the rise of lifestyle-related health issues, an aging population, and the global trend toward vegan and vegetarian diets are driving the adoption of both animal-based a...