New Product Development
Newly released data from Wheat Protein Market analysis by Future Market Insights show that the global wheat protein market is estimated to be valued at USD 3.3 billion in 2022 and is projected to reach USD 5.1 billion by 2032 recording a CAGR of 4.8%. Wheat may become more appealing in ruminant diets as commodity prices fluctuate, replacing a part of corn …
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According to Future Market Insights (FMI), The Global Fortified Dairy Products Market size was estimated at USD 109,485 million in 2021 and expected to reach USD 223,441 million in 2032, at a CAGR 6.7%. Nations across the world are recognizing the need of fortifying dairy products and are accepting the idea, which is anticipated to boost sales. …
The global feed enzymes market size is estimated to account for USD 1.8 billion in 2022 and is projected to reach USD 2.3 billion by 2032, recording a CAGR of 8.1% during the forecast period. Growing popularity of enzymes as ideal feed additives for promoting animal growth, enhancing digestion and increasing immunity is a major factor behind the expansion of feed enzymes market. Manufacturers …
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Modified Soya Flour Market size is projected to reach USD 85,859 million by 2032, growing at a CAGR of 3.2% over 2022-2032. Soy Flour is used in variety of food items and are used in various industrial products that contains more than 50% of protein. The market driver can be attributed to increase in utilisation of soy-derived flour in the processed meals …
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The global banana flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032. The growing awareness of the health advantages of banana flour is propelling the worldwide banana flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium. …
The rising number of mothers participating in workforce across the globe has propelled the adoption of infant formula. In response to the increasing demand for organic baby food, sales of infant formula are set to rise at a robust pace of 10.60% CAGR between 2021 and 2026. Sales of infant formula increased by 9.9% in 2021 owing to the …
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The global lactose free dairy products market is set to witness growth at a CAGR of 5.5% and is anticipated to reach a valuation of around USD 23.1 Bn by 2032. Lactose intolerance is a common and debilitating illness that affects an estimated 75% of people worldwide. As a result, consumers avoid dairy products since lactose is difficult …
As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various …
According to a new study by FMI, sales of Spirulina Powder is expected to reach ~US$ 358 Mn in 2019. After the approval from the FDA for use of spirulina in food & beverage products, the demand for spirulina increased. Multiple companies invested in research and development to launch unique and innovative products using spirulina. Spirulina powder is used …
global frozen ready meals market size is estimated to be USD 40.8 Bn in the year 2022 that is expected to grow at a CAGR of 8.2% to reach USD 89.7 Bn by the year 2032. APEJ market holds great potential for the frozen ready meals market as it is estimated to hold nearly 45% market share by the year 2022. In recent …
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