New Product Development
The carmine color market is expected to reach a valuation of US$ 33.0 Mn in 2022. With sales growing at a robust 7.9% CAGR, topping US$ 70.5 Mn by 2032. Shifting consumer preference towards natural flavoring agents in food products is expected to fuel sales in the market. Manufacturers are using organic ingredients in packaged food products to keep up with the …
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The pet food ingredient market was valued at US$ 11.49 Bn in 2021 and is projected to grow at a CAGR of 5.4%, to reach a value of US$ 20.5 Bn by 2032. The market accounts for 6% of the overall pet care market which was valued at US$ 189 Bn in the year 2021. This growth is attributed to the current …
The global dehydrated pet food market is projected to reach US$ 8.6 Bn, registering a CAGR of 4.9% during the forecast period (2022-2032). The overall sales of dehydrated pet food for dogs are expected to surpass US$ 13.8 Bn by the end of 2032. Dehydrated Pet Food Market Size (2022E) US$ 8.6 Bn Dehydrated Pet Food Market Projected Size (2032F) US$ 13.8 Bn Value …
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According to Future Market Insights, the overall sales of duckweed protein are expected to reach US$ 71.0 Mn in 2022, exhibiting growth at 8.8% CAGR by the end of 2032. Health is a key motivator, encouraging people to switch to a plant-based diet. Consumers are willing to switch meat or dairy a few times a week for …
The global coloring foodstuffs market will hold around ~0.2% of the US$ ~7.06 Bn worth global food additives market in 2021. Demand for coloring foodstuffs is expected to reach US$ 613.5 Mn in 2021, according to the latest Future Market Insights (FMI) study. The market value is expected to surpass US$ 922.3 Mn by 2031, exhibiting growth at healthy CAGR of 4.2% for 2021-31. The growing trend …
The global animal-based pet protein market is estimated to reach US$ 76.3 Bn in 2022 and is projected to surpass US$ 1,17.8 Bn, registering a CAGR of 4.4% from 2022 to 2032. Animal-Based Pet Protein Market Size Value in 2022 US$ 76.3 Bn Animal-Based Pet Protein Market Forecast Value in 2032 US$ 1,17.8 Bn Animal-Based Pet Protein Market Value for Forecast Period …
The global agricultural adjuvant market is expected to reach market valuation of US$ 3.4 Bn in 2022, expanding at a healthy 6.2% CAGR over the forecast period. Increasing industrialization and colonization across the globe is reducing cultivable land. To fulfil the rising demand for food, farmers are seeking effective ways to increase crop yield, which, in turn, is spurring demand for …
The fish based pet food market was valued at US$ 10.0 Bn in 2022, exhibiting growth at a CAGR of 4.9% during the forecast period (2022-2032), reaching US$ 16.2 Bn by 2032. The overall demand in global fish based pet food is projected to witness year-on-year (YoY) growth of 4.3% in 2022. Growing demand for new snacks, foods, and dining experiences for their pets, along …
The global RTD cocktail market is estimated to reach US$ 35.1 Bn in 2022. With sales growing at a robust 11.6% CAGR, the market valuation will top US$ and is projected to reach US$ 104.9 Bn by 2032. RTD cocktails share the stage with low-alcoholic beverages that were introduced in the market for health-conscious consumers or consumers …
The global interesterified CBE market is expected to reach market valuation of US$ 244.6 Mn in 2022. Expanding at a 4.7% CAGR, total sales are excepted to reach US$ 387.1 Mn by 2032. The interesterified CBE is primarily used to produce oil mixes and butter, particularly margarine. It’s extensively used to formulate products used in culinary and personal care. These industries bring …