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The global carob market is anticipated to reach a market value of US$ 732.3 million in 2022 before rising to US$ 1,091.1 million over the following five years, with a CAGR of 4.1%. The expansion of the carob market can be linked to growing knowledge of the product’s advantages as well as its therapeutic characteristics. The historical …
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The cake enzymes market is projected to reach US$ 367.0 million in 2022 and increase at a CAGR of 5.2% to US$ 609.3 million between 2022 and 2032. The rise in popularity of bakery and confectionery goods in foods and beverages is credited with growth. The enzymes are biological compounds usually proteins having properties, i.e., heat sensitivity, …
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In 2022, the cream cheese market is anticipated to be worth US$ 6,312.5 billion. Because cream cheese has a high concentration of antioxidants and carotenoids, which work to prevent oxidative stress and damage to cells by scavenging harmful free radicals. By the end of 2032, cream cheese sales are anticipated to reach about US$ 10,088.2 Million …
Until 2032, the agave nectar market is expected to grow at a CAGR of 6.3%. The market revenue is anticipated to reach a 2022 value of US$ 198,100 Mn and expand to US$ 365,967.58 Mn by 2032. Agave Nectar is a natural substitute to artificial sweeteners and refined sugars which is less viscous than sugar. With its …
The global banana bread market was worth US$ 980.3 Million in the year 2022 and is expected to reach US$ 1,522.4 Million by the year 2032 at a CAGR of 4.5% between 2022 and 2032. Banana is helpful with regards to keeping the digestive system and heart healthy. Secondly, it aids in weight management as well. …
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In 2023, the plant-based sausages market is anticipated to be worth US$ 1,228.1 million. By 2033, the market is projected to be worth $12,936.9 million. Throughout the forecast period, the market is anticipated to have a CAGR of 26.5%. How Does Popularity of Plant-based Sausages Propel the Market Size? The popularity of plant-based sausages is growing due …
The global algae fats market is expected to reach a market valuation of US$ 297.7 million in 2023, accelerating with a CAGR of 5% from 2023 to 2033. The growing demand for algae-based products in various industries such as food, animal feed, and biofuel is driving the growth of the algae fats market. One of the key …
The dairy ingredients market is predicted to grow at a CAGR of 6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 66 Bn in 2023 to US$ 118 Bn by 2033 end. The dairy ingredients market is strongly supported by the largest contribution of the U.S. market. All …
The dairy enzymes market size is projected to be valued at US$ 877.5 million in 2023 and is expected to rise to US$ 1,812.8 million by 2033. The sales of dairy enzymes are expected to grow at a significant CAGR of 7.4% during the forecast period. Westernization, growing urbanization, rising demand for lactose-free dairy products among developing-economy …