The global electronic tongue market is projected to experience consistent growth over the forecast period from 2022 to 2032, recording a Compound Annual Growth Rate (CAGR) of 4.5%. The market is expected to reach a valuation of approximately USD 674.43 million by 2032, a significant rise from its 2022 value of USD 434.28 million. The …
Monthly Archives: September 2024
Food Safety Testing Services Market: Ensuring Quality and Driving Industry Growth
The global food safety testing services market value is likely to jump from US$ 15,836.90 million in 2023 to US$ 30,061.73 million by 2033. This anticipated growth is expected to be driven by a steady CAGR of 7.0% in food safety testing services demand over the next decade. Although comprising the last component of the food manufacturing …
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Genetically Modified Food Market: Trends, Demand, and Regulatory Outlook
Genetically Modified Food Market The market for genetically modified food is anticipated to expand significantly between 2023 and 2033, with a CAGR of 6.5%. The market value significantly increased from US$ 109,173.6 million in 2023 to US$ 196,516.8 million in 2033, reflecting this expansion. The market’s observed CAGR of 5.8% from 2018 to 2022 denotes a consistent …
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Fruit Snacks Industry Growth Poised For Substantial Growth, Forecasted To Reach a Value of USD 11,120 Million By 2032
Fruit Snacks Market The global fruit snacks market is poised for substantial growth, forecasted to reach a value of US$ 11,120 million by 2032 from US$ 5,456 million in 2022, reflecting a robust CAGR of 7.4%. This growth trajectory underscores increasing consumer demand for nutritious, convenient snack options enriched with essential vitamins and minerals. The market’s expansion …
Beta Carotene Market: Health Benefits Fueling Demand and Market Expansion
Beta Carotene Market The beta carotene market is expected to grow from US$ 427.4 million in 2023 to US$ 761.1 million by 2033, with a CAGR of 5.9% from 2023 to 2033. The beta carotene market is experiencing a transformational change driven by the growing demand for plant-based and healthier alternatives. Beta carotene has gotten everyone’s attention, …
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Frozen Cheese Market Set for Expansion: Key Drivers and Future Projections
Frozen Cheese Market The global frozen cheese market is likely to expand at a CAGR of 6% between 2022 and 2032, totaling a valuation of US$ 17.4 Bn by 2032. Rising usage of frozen cheese within the food industry and growing consumer demand for convenient and ready to eat food products are driving the frozen cheese sales …
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Botanical Flavors Market: Expanding Applications and Industry Growth
Botanical Flavors Market The botanical flavors market is predicted to develop at an impressive 8.6% CAGR from 2023 to 2033, exceeding the lower 2.9% CAGR witnessed between 2018 and 2022. This significant rise in growth rate reflects high global demand and acceptance of botanical flavors, increasing the market value from US$ 8,233.6 million in 2023 to US$ …
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Rising Demand in the Food Stabilizers Market: Forecast and Growth Insights Hits USD 4.7 Billion by 2032
Food Stabilizers Market The food stabilizers market, valued at US$ 2.8 billion in 2022, is set to experience significant expansion, reaching an estimated US$ 4.7 billion by 2032. This robust growth, projected at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2032, underscores the increasing reliance on stabilizers to enhance the quality, texture, …
Dry Mixes Market Growth Outlook: Innovations and Future Prospects to Reach USD 15,234.0 Million by 2033
Dry Mixes Market The dry mixes market has reached a CAGR of 5.7% during the forecast period. The market is expected to be worth US$ 9,048.0 million in 2023 and is likely to reach US$ 15,234.0 million by 2033. Dry mixes are becoming increasingly popular due to their health benefits. It helps improve digestion, makes weight loss …
Global Squash Drink Market: Trends and Growth Opportunities Through 2033
Squash Drink Market The global demand for squash drink is forecasted to be valued at US$ 1,563.5 million by 2033, up from US$ 1,069 million in 2023, advancing at a CAGR of 4% during the forecast period. The growing popularity among consumers of plant extracts and botanical ingredients in their beverages is expected to surge the demand for squash. The availability …
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