Global Plant-Based Fiber Market Poised for Significant Growth: Projected to Reach USD 678.9 Million by 2033 | Future Market Insights, Inc.
North America is set to hold 18.3% of the global market share, driven by a strong textile industry that increasingly favors plant-based fibers over traditional synthetics for sustainability.
NEWARK, Del, Sept. 02, 2024 (GLOBE NEWSWIRE) — In recent years, there has been a significant shift towards sustainability and eco-consciousness in various industries, including textiles. The Market Insights Domain:
The global soluble fiber market size is set to be valued at USD 5,339.2 million in 2024. It will likely exhibit strong growth, with global soluble fiber sales soaring at 8.2% CAGR during the forecast period. By 2034, the global market value is projected to total USD 11,814.5 million.
The global IMO Fiber market share is expected to grow at a CAGR of 5.7%. The market value projected to increase is from USD 712.1 Million in 2022 to USD 1,239.6 Million by 2032.
The plant-based milk market demand is on its way to perceive escalation, from USD 20.1 billion in 2024 up to USD 47.9 billion by 2034. The industry is forecast to expand at a CAGR of 9.1% between 2024 and 2034, indicating strong vegan milk market growth.
The global plant-based hot dogs market growth is expected to reach a market valuation of USD 828.90 million by the year 2033, accelerating with a CAGR of 16.7% between 2023 and 2033. Plant-based hot dog sales are likely to account for USD 496.30 million in 2023.
The global Plant-based Premix market trends is expected to reach a valuation of USD 345.4 million by the year 2024, accelerating with a CAGR of 8.5% by 2024 to 2034.
The plant based preservatives market sales are expected to reach USD 840.8 million in 2024. Over the projection period (2024 to 2034), global Plant Based Preservatives Market sales are projected to rise at a 6.7% compound annual growth rate (CAGR) and reach a market valuation of USD 1,608.2 million by 2034 end.
The plant-based fish feed market outlook is valued at USD 6.8 Billion in 2021. It is set to grow at 6% CAGR through 2032 at a value of USD 12.2 Billion.
The plant-based snacks market overview is projected to be valued at USD 36,083 million in 2023 and is expected to rise to USD 76,186.6 million by 2033. The sales of plant-based snacks are expected to record a CAGR of 8.0% during the forecast period.
The Europe plant-based meal kit market opportunity is expected to record a CAGR of 10.1%. The market size is projected to increase from USD 1,067.0 million in 2023 to USD 2,789.0 million by 2033. In 2022, plant-based meat kit sales across Europe totaled revenue of USD 923 million.
The global plant-based protein market analysis is estimated to be worth USD 18.64 billion in 2024. The market valuation is projected to surpass USD 42.55 billion by 2034, registering a healthy CAGR of 8.6% during the forecast period.
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