Food and Services Industry - Market Research Report

The global   whey protein market   was valued at USD 8,846.2 million in 2024 and is expected to reach USD 17,527.3 million by 2033, expanding at a CAGR of 7.7% from 2025 to 2033. Market growth is being propelled by rising health consciousness, accelerating fitness and sports nutrition trends, and increasing adoption of protein-rich diets across diverse age groups. Whey protein has evolved from a niche sports supplement into a mainstream nutritional ingredient supporting muscle health, weight management, and overall wellness. Urban millennials and working professionals are driving demand, viewing whey protein as a convenient and efficient nutrition solution amid busy lifestyles. The market is further supported by growing interest in functional foods, dietary supplements, and fortified packaged foods, along with heightened awareness of lifestyle-related health concerns. Major Market Highlights North America accounted for the largest revenue share of 36.2% in 2024, driven by high...

The global   alcoholic drinks market   was valued at USD 1,773.7 billion in 2024 and is expected to expand significantly, reaching USD 3,617.9 billion by 2033. This growth reflects a robust CAGR of 8.4% from 2025 to 2033. Market expansion is being driven primarily by changing consumer preferences, with an increasing shift toward premium, craft, and differentiated alcoholic beverages across major regions. Consumers are actively trading up from mass-produced products to higher-quality offerings, including craft beers, premium spirits, and artisanal wines. This premiumization trend continues to reshape purchasing behavior and brand strategies throughout the global alcoholic beverages industry. Key Market Trends & Insights Regional Insights: Asia Pacific dominated the global alcoholic drinks market, accounting for 35.1% of total revenue in 2024, supported by large populations, rising urbanization, and evolving drinking cultures. Product Insights: Beer remained the leading prod...

The global   alcoholic beverage packaging market   was valued at USD 84.62 billion in 2024 and is expected to reach USD 118.42 billion by 2030, expanding at a CAGR of 5.8% from 2025 to 2030. Market growth is supported by rising alcohol consumption, continuous packaging innovation, increasing sustainability initiatives, expanding e-commerce penetration, evolving regulatory frameworks, and technological advancements. These factors are collectively driving demand for premium packaging solutions while addressing diverse consumer preferences across demographics. Key Market Trends & Insights Asia Pacific dominated the global market, accounting for 33.1% of revenue in 2024, driven by rising urbanization, expanding middle-class population, and strong consumption trends. North America is projected to record the fastest CAGR of 7.4% over the forecast period, supported by premium alcohol consumption and advanced packaging technologies. By material, plastic packaging led the market wi...

The global   palm oil market   was valued at USD 74.5 billion in 2024 and is anticipated to reach USD 113.9 billion by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Market growth is primarily fueled by increasing consumption across the food and beverage sector, driven by palm oil’s cost efficiency, versatility, and functional properties. Palm oil remains one of the most widely used edible oils globally due to its long shelf life and stability at high temperatures. Its extensive application in bakery products, confectionery, processed foods, instant noodles, and household cooking oils continues to underpin steady demand. Additionally, rapid population growth and rising consumption of packaged and convenience foods are further strengthening market expansion. Key Market Trends & Insights Asia-Pacific dominated the global palm oil market, accounting for the largest revenue share of 74.5% in 2024 Indonesia led the Asia-Pacific region, capturing 42.1% of regional revenue ...

The global   field programmable gate array (FPGA) market   size was valued at USD 10.5 billion in 2022 and is projected to reach USD 23.34 billion by 2030, registering a CAGR of 10.8% from 2023 to 2030. The rising adoption of FPGAs for deep packet inspection, network processing, and security applications is expected to significantly accelerate market growth throughout the forecast period. Key Market Trends & Insights The Asia Pacific region emerged as the dominant market, accounting for over 46% of the revenue share in 2022, with China representing the largest share within the region. By type, the low-end FPGA segment held the largest share at over 44% in 2022. In terms of technology, the static random-access memory (SRAM) segment also captured over 44% of the market. Based on application, the low-end FPGA category again dominated with over 44% of the overall share in 2022. Market Size & Forecast 2022 Market Size: USD 10.5 Billion 2030 Projected Market Size: USD 23.34 ...

The global   food additives market   size was estimated at USD 120.5 billion in 2024 and is projected to reach USD 169.22 billion by 2030, expanding at a CAGR of 5.9% from 2025 to 2030. This upward trajectory is fueled by the growing demand across major end-use sectors such as bakery and confectionery, beverages, dairy, and convenience foods, along with the increasing penetration of organized retail and e-commerce worldwide. Key Market Trends & Insights North America food additives market is expected to grow at a CAGR of 6.0% over the forecast period. The food additives market in the U.S. led the North American market and accounted for the largest revenue share in 2024. By product, sweeteners segment led the market with the largest revenue share of 52.7% in 2024. By source, natural sources segment led the market with the largest revenue share of 82.7% in 2024. By application, the bakery & confectionery segment led the market with the largest revenue share of around 29....