New Product Development
The global curcumin market size is projected to total US$ 95.6 Mn in 2021. As per Future Market Insights (FMI) analysis, the overall sales of curcumin will surpass US$ 279.3 Mn by 2031. Demand for curcumin is projected to grow by 11.3% CAGR over the forecast period, from 2021 to 2031. According to the study, curcumin sales represented 3% to 5% of overall curcuminoids market …
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Sales in the pea protein ingredients market are estimated to total US$ 1.25 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 2.5 Bn by 2031, rising at a CAGR of 7.2% between 2021 and 2031. Rising demand from various end-use industries such as bakery & snacks, beverages and others is expected to fuel …
The grass fed beef market is expected to reach a valuation of US$ 11.6 Bn in 2021. As per Future Market Insights (FMI), the overall market value is forecast to total US$ 17.9 Bn by 2031, rising at a 4.4% CAGR between 2021 and 2031. Growing awareness regarding health benefits and consumption of a balanced diet, along with increasing sales of bulk food ingredients …
Sales of spirulina extract are expected to grow steadily, reaching a total valuation of US$ 42, Mn in 2021. Demand for spirulina extract is expected to grow at a 14.6% CAGR over the assessment period, according to Future Market Insights (FMI). Rising health concerns about food are pushing demand for clean label food products and ingredients. With consistent innovations in spirulina-based products …
Demand for date syrup is expected to reach US$ 339.0 Mn in 2021, according to the latest Future Market Insights (FMI) study. The market value is expected to surpass US$ 630.0 Mn by 2031, exhibiting growth at healthy CAGR of 6.4% for 2021-31. The market will particularly gain from the surging application of date syrup in nutraceutical and food service industries …
Latest report by Future Market Insights (FMI) forecasts the global phytochemical market to surpass US$ 6.5 Bn in 2021. The overall market is expected to witness healthy growth at 7% CAGR to surpass US$ 12.9 Bn by 2031. Increasing application of phytochemicals in cosmetics, food & beverages, and pharmaceutical industries is expected to augment sales in the global phytochemicals market over the forecast period. Driven …
The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031). Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. …
Demand for Protease Market is expected to reach US$ 1.8 Bn in 2021, according to the latest Future Market Insights (FMI) study. Driven by the rising demand for healthy food derived from natural sources, the market value is expected to reach US$ 3.94 Bn by 2031, exhibiting growth at healthy CAGR of 7.8% for 2021-31. As synthetic chemicals used in industrial operations are …
The global galactose market topped US$ 26.1 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to surpass US$ 45.1 Bn by 2031. Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry. …
According to Future Market Insights (FMI) sales of paprika color will increase consistently to surpass US$76.92 Mn in 2021. Demand for paprika color is expected to grow at a 7.0% CAGR over the assessment period, from 2021 to 2031. Paprika color application is poised to surge in the food industry, especially in meat products, salad dressings, confectionery, vegetable oils, soups, seasoning, …