New Product Development
The herbs and spices market is predicted to grow at a CAGR of 3.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 171 Bn in 2023 to US$ 243 Bn by 2033 end. Herbs and spices are traditionally incorporated into food and beverages to add fragrance, flavor, taste, …
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In 2023, the global casein market was worth US$ 2.7 billion. The market is predicted to increase at a CAGR of 6.3% from 2023 to 2033, reaching a value of US$ 4.9 billion by 2033. Increasing industrial adoption of casein is driving casein market expansion over the forecast period. The growing relevance of protein in the diet …
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According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million. Significant Aspects Driving …
The lupin protein market is expected to grow at a CAGR of 4.9% during the period 2023-2033. The market is expected to hit a valuation of US$ 159.7 million by 2033. As of 2023, the market is valued at US$ 98.8 million. The presence of amino acids makes the lupin protein one of the healthiest consumables. Apart …
The Global Lentil Protein Market is expected to reach a market valuation of USD 123.4 Mn by the year 2032, accelerating with a CAGR of 4.9% by 2022 to 2032. Lentil Protein Isolate sales are likely to account for ~28% of the demand in the Global Lentil Protein Market, valued at USD 191.2 Mn in 2032. New …