New Product Development
According to the latest study, the market for brandy flavour is expected to rise at a CAGR of 5.2% in the forecasted years. Brandy is a distillate created from fruit juices, wine, and mashes with an alcohol level of 30-60%. It’s aged for 3 to 20 years in oak barrels with added caramel colouring and tastes. Brandy flavor moderate …
Continue reading “Brandy Flavor Market Expected to Rise at a CAGR of 5.2% During 2031 | FMI”
The global sales of tangerine oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for tangerine oil in cosmetics and food & beverages globally which is likely to boost the tangerine oil market in the assessment period. Tangerine oil is made from the rind of tangerine fruit. Tangerine and oranges …
The global sales of grapefruit oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for grapefruit oil in pharmaceutical, cosmetic products, and food & beverages globally which is likely to boost grapefruit oil market in assessment period. Grapefruit oil is made from grapefruit, it is a hybrid between an …
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Packaging industry as well. The thriving market of the packaging industry is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute …
The global duplex paper and board market is expected to rise at a CAGR of ~6.1%, during the forecast period. The duplex paper and board market is expected to witness a soaring growth in 2021 with revenues up 5.2% each year. A new forecast by FMI estimates that the duplex paper and board profit margin …
The global 2 Seal Pouches market is expected to rise at a CAGR of ~4.8%, during the forecast period. The 2 seal pouches market is expected to witness soaring growth in 2021 with revenues up 4.1% each year. A new forecast by FMI estimates that the 2 seal pouches profit margin will nearly double between …
The global seaweed protein market is expected to witness growth at a CAGR of 11.3% in the forecasted period and to be valued more than USD 971.7 Mn by 2032. The world’s population is expected to grow by more than a 1/3 (2.3 billion people) by 2050, requiring a 70% increase in the food supply. Even though …
The global milk protein market is set to witness growth at a CAGR of 5.6% and top a valuation of US$ 19.7 Bn by 2032. Casein, the most found milk protein, can be of several types, such as α-s2, α-s1, 6 and ß types, with different genetic variations, amino acid compositions, and functional properties. The micelle, a complex in which caseins …
According to the recent Future Market Insights (FMI) report, the sales of frozen meat grinders are expected to surpass a value of US$ 1,892.5 Mn in 2032, rising at a CAGR of around 5.4% through the end of 2032. Growing meat consumption coupled with rising demand for more meat options, such as humanely raised, free-range, organic, and …
The global wheat fiber market is set to witness growth at a CAGR of 7.4% and is anticipated to reach a valuation of around USD 3.5 Bn by 2032. The changing perspective of natural food ingredients among consumers can be seen in their purchasing habits. The health benefits of natural products are the most important factors driving …
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