According to a recent report by Future Market Insights, a market research and competitive intelligence provider the global microencapsulation market is expected to be worth USD 6.5 billion in 2022 and USD 10.3 billion by 2032, growing at an annual rate of 8.2% from 2022 to 2032. Microencapsulation is becoming more common as the need …
Monthly Archives: March 2022
Pet food processing market to get a boost with an Increase in pet keeping trend and use of advanced techniques: Future Market Insights Study
The global pet food processing market is expected to be worth USD 5.0 billion in 2022, rising to USD 8.4 billion by 2032, representing a CAGR of 5.3 percent for the forecast period of 2022–2032. The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend …
Increased demand as a result of a recent surge in almond-based product launches: Future Market Insights Study
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the almond ingredient market is estimated to reach a value of USD 17 Bn by 2032, surging at 10% CAGR through the decade. The increasing demand for healthy and nutritional products contributes significantly to the steady increase in the …
Growing consumption of bread, bakery, and confectionery ready-to-eat food boosting the growth of the Bread Improvers Market: Future Market Insights Report
The bread improvers market value is expected to surpass USD 7.9 billion by 2032 at a CAGR of ~7% between 2022 and 2032. Proliferating demand for enhancing properties of the dough, like sensory characteristics, taste, and shelf life will result in high sales of bread improvers. Growing consumption of bakery, bread, and confectionery products around …
Increased Usage of Calcium Propionate in Food and Beverage industry to Propel Market Growth: Future Market Insights Study
The global calcium propionate market is set to witness growth at a CAGR of 5.6% and top a valuation of USD 498 Mn by 2032. In terms of product type, dry calcium propionate for confectionery and liquid calcium propionate together accounts for over 40 % of the Calcium Propionate market in 2022. Due to the …
Increased Pharmaceutical usage coupled with health benefits offered by herbal ingredients to Propel Market Growth: Future Market Insights Study
The global herbal supplements market is set to witness growth at a CAGR of 7.8% and top a valuation of USD 190.2 Bn by 2032. Consumer awareness of the medicinal benefits of consuming herbal supplements, particularly among the elderly population, is expected to be among the key drivers of market development. The growth in female …
Meat Alternative Market Expectations & Growth Trends Highlighted Until 2032
According to the recent FMI report, the sales for meat alternatives is expected to witness a value of US$ 6,378.9 Million in 2031, rising at a CAGR of around 12.7% through the end of 2031. Meat substitutes have been on the market for quite some time. However, it was only after the spread of veganism …
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The rising demand for natural products will drive up demand for citrus oil market: Future Market Insights Study
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the citrus oil market is estimated to reach a value of USD 5.8 Bn Mn by 2032, surging at 4% CAGR through the decade. As a result of rising health consciousness and consumer demand for natural ingredient products, the …
Consumer’s rising interest in food safety drives the food testing market: Future Market Insights Study
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, food testing is estimated to reach a value of USD 20 Bn by 2032, surging at 8.5% CAGR through the decade. Food testing services are in high demand due to the growing threat of foodborne diseases, adulteration, and toxicity. …
Demand for Dairy Alternatives to Rise Rapidly Over Decade: Future Market Insights Report
According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of Dairy Alternatives are estimated to reach a value of US$ 123,634.7 Mn by 2032, surging at 14.7% CAGR through the decade. Dairy alternatives are plant-based foods and beverages that can be used to replace dairy products in a …