New Product Development
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 and flexitarianism that these products began …
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According to the recent FMI report, the sales for pea starch is expected to surpass a value of US$ 115 Million in 2031, rising at a CAGR of around 7.2% through the end of 2031. Due to applications such as thickening and texturizing, binding, gelling and other applications pea starch is widely used in a number of …
The global infant formula ingredients market is expected to reach US$ 17,822.5 million by the end of the forecast period in 2029. The growing focus on flavors and digestibility is propelling the market. The market is projected to report a healthy CAGR of ~ 7.3 %. Leading companies focus on expansions and new products over the forecast …
The global bread improvers market size is expected to reach US$ 5.3 Bn by the end of 2032. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.3% CAGR between 2022 and 2032. According to the report, the growing number of convenience food stores and fast-food chains worldwide has increased the …
Soy and egg yolk are considered to be the most common sources of lecithin. Major soybean-producing countries such as the United States, India, Brazil, and others have plenty of raw materials for lecithin producers. Varied end user industries are displaying increased demand for naturally-derived lecithin. Manufacturers are focused on broadening their product portfolio, and increasing …
The global almond ingredients market size is expected to reach US$ 33.43 Bn by the end of 2032. A recent study by Future Market Insights (FMI) forecasts that the market will exhibit impressive growth at a CAGR of 10.3% between 2022 and 2032. According to the report, the rising demand for healthy and nutrition rich products is boosting …
The global food grade gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029. According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the …
The global microencapsulation market is estimated to be valued at USD 6.5 billion in 2022 and is projected to reach USD 10.3 billion by 2032, at a CAGR of 8.2% from 2022 to 2032. The food microencapsulation market is likely to benefit from strategic partnerships forged between industry partners and technology users. With companies looking at investing in research and development to boost …
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The global food glazing agents market size is expected to reach US$ 3.4 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.5% CAGR between 2020 and 2030. According to the report, change in lifestyle and change in eating preferences have influenced the food …
The global plant-based cheese market is estimated to be valued at US$ 1,530.2 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 3,416.6 Mn by 2032, rising at a CAGR of 8.4% for 2022-32. According to the National Center for Biotechnology Information (NCBI), plant-based diet reduces the risks …
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