New Product Development
The global synbiotic products market is set to witness growth at a CAGR of 7.5% over the forecast period, reaching US$ 598 Mn by 2032. Synbiotics are a synergistic combination of prebiotics and probiotics that promote the growth and survival of gut bacteria that live in the intestine and colon of the gastrointestinal system. Synbiotics were created …
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The global halal food market is set to witness growth at a CAGR of 9.7% and top a valuation of US$ 3.0 Tn by 2032. When it comes to halal certification, many Islamic countries have their own set of rules and restrictions. However, the Malaysian government has worked to establish a global halal standard. Malaysia’s Research Centre for Islamic Affairs established …
As per the market analysis at FMI, the hyperlocal grocery Delivery market is valued at US$ 38.5 Billion in 2022 and is likely to reach US$ 81.5 billion by 2032, flourishing at a promising CAGR of 7.8%. Being prevalent in consumer and local retail stores, hyperlocal grocery delivery platforms have gained popularity within the millennial generation while wooing the elder people by …
Global Myrrh Powder demand is anticipated to grow at a CAGR of 4.2% over the forecast period. Myrrh is a natural reddish-brown rubber or resin extracted from numerous small tree species. Myrrh powder is known for its transparency and darkening. Myrrh powder is one of the important ingredients in the manufacture of Egyptian perfumes. It is a resin powder with …
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According to a recent report by Future Market Insights, market research and competitive intelligence provider, spelt milk market share is estimated to reach a value of USD 405.4 Million by 2032, surging at 6.8% CAGR through the decade. With such initiatives taken by well-established spelt milk market players, the market is expected to grow rapidly following COVID-19. …
The Chinese takeout market is predicted to account for US$ 107.8 billion in 2032, up from US$ 62.7 billion in 2022, advancing at a CAGR of 7.2% during the forecast period (2022-2032). Consumers are looking for items that are manufactured with fresh, organic, and high-quality ingredients, and some are even converting to plant-based options, encouraging the Chinese …
The global flavor modulator market size is expected to reach US$ 1,758.7 Million in 2032. The flavor modulator market is growing rapidly. As per FMI Analysts, the global Flavor modulator market is estimated to be valued at US$ 1593.16 Million in 2022 and is projected to increase at a CAGR of 10.1% in the forecast period from 2022 to 2032. Flavor modulators are the ingredients used …
The global methionine market size is expected to reach US$ 5.57 Billion in 2032. The methionine market is growing rapidly. Methionine is a key component used on finfish, crustaceans, and shrimps. It is a vital amino acid found in humans. It plays a vital role in the health and metabolism of many species, including humans. Supplementation of methionine benefits those suffering from copper poisoning. …
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The global low-calorie chocolate market is expected to reach a market valuation of US$ 1 Bn in 2022. Expanding at a CAGR of 9.9% over the forecast period, the low-calorie chocolate market size will reach US$ 2.8 Bn by 2032. Low-calorie chocolate are confectionery products containing sugar and fat in minimal quantity and do not have adverse health effects when consumed. Cocoa is the …
The global oatmeal market is expected to be worth US$5.3 Bn in 2022, and to increase at a CAGR of 6.8% over the forecast period, reaching US$10.8 Bn in 2032. Oatmeal is the end product of processed, crushed, or rolled oat grains consumed mostly during breakfast. Oatmeal is enjoyed with fruits, nuts, milk, and many other nutritious beverages. …