New Product Development
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 …
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According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the market for food amino acids was valued at USD 4.9 billion in 2017 and is expected to increase at a CAGR of 7.7% from 2018 to 2022, reaching USD 6.6 billion. In 2032, the global market for food amino acids …
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The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028. Globally, functional drinks are sought after for their high protein content and their demand is …
The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, accelerating with a CAGR of 7.1% by 2022-2032. According to the report, expansion of livestock feed industry and rising per capita meat consumption will stoke growth. The report offers a comprehensive overview of the market, covering key growth …
Newly released data on the global insect protein market by FMI Estimated that the insect protein market enjoyed year-on-year (YoY) growth of 8.2% in 2022 and is accounted for USD 349.2 Mn and is expected to witness a prominent CAGR of 9.2% to reach the value of USD 838.5 Mn in 2032. Revenue for the insect-based pet food segment grew by 18% during the period 2017-2021 while the …
The global Citrus Pectin market is estimated at US$ 116.9 Bn in 2022 and is projected to reach US$ 183.9 Bn by 2032, at a CAGR of 4.6% from 2022 to 2032. Against the backdrop of expanding food and pharmaceutical industries, the demand for citrus pectin is rapidly increasing. The globally rising prevalence of diabetes, obesity and cardiac issues has increased consumers’ focus on …
According to Future Market Insights (FMI), The Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021 and expected to reach USD 255.2 million in 2032, at a CAGR 7.4%. Europe Bio vanillin will represent approximately 40% of the overall demand. Bio vanillin market is at its initial development stage, the producers claim their products to be natural and some products …
The global meat alternatives market size totaled US$ 5,660.1 Mn in 2021. With sales growing year-over-year by 5.2%, the market valuation is set to reach US$ 6,378.9 Mn in 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 to acquire traction. Previously, there were …
The global market value for the potato flakes market was USD 21,328.3 Mn in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3 % from 2022 to 2032. Potato flakes accounts for 20% of market share in the potato processing market. The market has grown significantly as a result of the increasing use of …
The global inactive dried yeast market is projected to show high growth in the coming years, exhibiting a CAGR of 14.6% between 2019 and 2029. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. …