New Product Development
The food grade lubricants market is projected to record a CAGR of 6% from 2022 to 2032. Lubricants are in use in industries since the period of mechanization. Historically it has been obtained from mineral-based lubricants. But in recent times there has been an emerging trend of using food grade lubricants in food and beverage industries as …
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The global cocoa powder market was valued at US$ 2.56 Bn in the year 2020 and is expected to witness a CAGR of 2.9% between 2022 and 2032. Cocoa powder comes across as a mixture that remains post-extraction of the cocoa butter from cacao beans. This powder, these days, is an indispensable ingredient in chocolate confectioneries, syrup, …
The functional beverages market is projected to record a CAGR of 6% from 2022 to 2032. Functional beverages are carefully crafted, RTD products distributed in varied flavours. Many manufacturers use packaging and labelling for advertising ingredients and nutritional value by marketing their products as healthy, vegan, or plant-based. Functional beverages are increasingly becoming an essential part of …
The market for bergamot extract worldwide is anticipated to be US$ 99.97 million in 2022 and to increase at a CAGR of 4.14% to US$ 150 million between 2022 and 2032. Growth is attributed to expansion in residential and commercial construction as well as the increasing demand for renovation projects. Bergamot extract helps to maintain the normal …
The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%. The production of fishmeal and fish oil is expected to increase moderately in the …
The lecithin and phospholipids market is valued at US$ 1.7 billion in 2023. The market is expected to reach a valuation of US$ 3.3 billion by 2033, and is projected to grow at a CAGR of 7.1% during the forecast period. Lecithin and phospholipids are being mainly used across the healthcare sector. There are primarily recommended by …
Newly released data from pulse ingredient market analysis by Future Market Insights shows that the global market size is estimated to be USD 27 Billion by 2032. It is growing at a CAGR of 4.5% for the forecasted year 2022-2032. The current market size is valued at USD 19 Billion estimated for 2022. Because of the rising …
Future Market Insights finds that the global almond ingredients market is set to be valued at USD 9 Billion in 2032. The increasing demand for healthy and nutritional products contributes significantly to the steady increase in the number of almond-based products. Growing geriatric and obese populations in developed countries such as Germany, the United Kingdom, and the …
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By 2023, the Taste Modulators Market is expected to be worth US$ 1.6 billion. It is expected to reach US$ 3.0 billion by 2033, growing at a 6.3% CAGR from 2023 to 2033. The global demand for taste modulators is increasing as the number of individuals suffering from chronic diseases such as cancer, heart disease, and diabetes rises, encouraging …
The estimated value of the worldwide pet food processing market is anticipated to be USD 5.0 billion in 2022 and USD 8.4 billion by 2032, representing a CAGR of 5.3% over the forecast period of 2022–2032 The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend of …