New Product Development
According to a new study by FMI, sales of Spirulina Powder is expected to reach ~US$ 358 Mn in 2019. After the approval from the FDA for use of spirulina in food & beverage products, the demand for spirulina increased. Multiple companies invested in research and development to launch unique and innovative products using spirulina. Spirulina powder is used …
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The market for pulse flours is primarily driven by the flour’s health benefits. Pulse flours provide protein, fibre, and agricultural micronutrients while also reducing fat, which is an unusual characteristic in a diet. To improve the health benefits of gluten-free products, a tiny amount of pulse flour can be added. Pulse flour is attracting consumers all around …
According to Future Market Insights (FMI), The Global Fortified Dairy Products Market size was estimated at USD 109,485 million in 2021 and expected to reach USD 223,441 million in 2032, at a CAGR 6.7%. Nations across the world are recognizing the need of fortifying dairy products and are accepting the idea, which is anticipated to boost sales. …
Newly released data from Wheat Protein Market analysis by Future Market Insights show that the global wheat protein market is estimated to be valued at USD 3.3 billion in 2022 and is projected to reach USD 5.1 billion by 2032 recording a CAGR of 4.8%. Wheat may become more appealing in ruminant diets as commodity prices fluctuate, replacing a part of corn …
Future Market Insights presents useful insights and a revised forecast of the global liquid smoke market in its published report titled “Liquid Smoke Market: Global Industry Analysis and Opportunity Assessment 2022-2032.” In terms of revenue, the global liquid smoke market is estimated to exhibit a CAGR of 8% over the forecast period, owing to numerous factors, about which Future Market Insights …
Future Market Insights (FMI) projects stellar growth for the global nutraceutical excipients market ,forecasting it to reach a valuation of US$ 2186.2 Mn by 2021. Demand for nutraceutical excipients is expected to remain positive, increasing at a CAGR of 7.10% between 2021 and 2031. Rising prevalence of lifestyle disorders among geriatric population and increasing adoption of dry nutraceutical excipients among manufacturers …
global frozen ready meals market size is estimated to be USD 40.8 Bn in the year 2022 that is expected to grow at a CAGR of 8.2% to reach USD 89.7 Bn by the year 2032. APEJ market holds great potential for the frozen ready meals market as it is estimated to hold nearly 45% market share by the year 2022. In recent …
Modified Soya Flour Market size is projected to reach USD 85,859 million by 2032, growing at a CAGR of 3.2% over 2022-2032. Soy Flour is used in variety of food items and are used in various industrial products that contains more than 50% of protein. The market driver can be attributed to increase in utilisation of soy-derived flour in the processed meals …
The meat substitutes market is anticipated to be worth USD 5.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 9.7 Bn by 2032, rising at a CAGR of 5.6% for 2022-32. People’s growing health consciousness is a significant growth driver in the market, driving up demand for vegetarian foods. In …
The global disposable cutlery market is expected dispose off linear transition and move towards exponential transition between 2022 and 2031 at a CAGR of 4%, reaching US$ 2.4 Bn by the year 2031. Disposable cutlery has emerged as the most economical and efficient solution for both indoor and outdoor food service activities. Future Market Insights (FMI) in a …
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