New Product Development
The global gluten-free soup market is set to witness growth at a CAGR of 7.3% and is anticipated to reach a valuation of around US$ 4.6 Bn by 2032. As per a survey conducted by the Food Marketing Institute, over 80% of the population need access to thorough and ‘easy-to-understand’ ingredient lists on their labels. As a …
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Butyl Acrylate falls under the category of unsaturated hydrocarbons. Butyl Acrylate is available in clear colorless liquid and having a characteristic fruity odor, colorless and hygroscopic crystalline solid. Furthermore the butyl acrylate is soluble in organic solvents but shows limited solubility in water, also exhibit less density than water. Butyl Acrylate can readily polymerized and further exhibits …
The global almond butter market is expected to reach a market valuation of US$ 643.0 Mn by the year 2021, accelerating with a CAGR of 6.7% by 2022-2032. Almond butter sales are likely to account for ~21% of the demand in the global plant-based butter market, valued at US$ 2.9 Bn in 2021. According to Future Market Insights, business to consumer (B2C) model has become …
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The global flour mixes market size is projected to exceed US$ 25.8 Bn in 2022 and is projected to register 7.3% CAGR between 2022 and 2032. Increasing preference for healthy food products is fueling the demand for healthy bakery products such as flour mixes. The demand for ready-to-eat and processed foods among consumers is rapidly increasing, resulting in the widespread use …
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The global functional mushroom market is projected to be valued at US$ 9.3 Bn in 2022. Expanding at a CAGR of 9.1% during the forecast period, the market size will reach US$ 22.3 Bn by 2032. Newly released data from Future Market Insights shows that global functional mushroom demand is projected to grow year-on-year (Y-o-Y) by 8.8% …
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The vegan butter market is expected to top US$ 2.7 Bn in 2022 and is projected to grow at a CAGR of 5.7% between 2022 and 2032, surpassing US$ 4.8 Bn by 2032. The global vegan butter demand is projected to grow year-on-year (Y-o-Y) growth of 5.5% in 2022. Plant-based diet is gaining popularity for its huge benefits including the environment, health, and animal welfare. …
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Stringent regulations for increasing provision of safe and economical automotive flooring by automotive industry governing bodies for preventing safety hazards has created opportunities for vehicle manufacturers and OEMs. Automotive industry is witnessing increasing demand for customized flooring systems for enhancing ergonomic value of passenger cabins, thereby triggering industry growth. Sustainable Products to Significantly Influence Growth of Automotive …
The global collagen drinks market is expected to reach a market valuation of US$ 255.4 Mn by the year 2022, accelerating at a CAGR of 9.8% by 2022-2032. Collagen drinks sales are likely to account for ~1% of the overall dietary supplements market, which is anticipated to be valued at US$ 68.3 Bn by 2022 end. Customers nowadays expect on-the-go, safe, and nourishing beverages. People …
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The global vegan caviar market size is estimated to top US$ 295.6 Mn in 2022 and is projected to reach US$ 632.3 Mn by 2032 at a CAGR of 7.9% from 2022 to 2032. Sales of vegan caviar are poised to surge as availability via online channels grows. With absolutely no animal ingredients, caviar made from seaweed is a plant-based food. Keeping in …
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Polyhydroxybutyrate is a biopolymer which is manufactured from microorganisms. It is a kind of polyhydroxyalkanoate and is synthesized via fermentation process. These are thermoplastic polymers with similar properties to petroleum based polypropylene. Polyhydroxybutyrateis biodegradable polymer and is widely used in the manufacturing of packaging material of medical devices and mulch films. Polyhydroxybutyrate is drawing heavy interest …