New Product Development
The global yeast extract industry is expected to rise from US$ 1,472.9 million in 2023 to US$ 1550.9 million in 2024. The market is projected to reach a value of US$ 2,584.0 million by 2034, expanding at a CAGR of 5.78% over the forecast period. North America now has the fastest-growing yeast extract market, with the United States accounting for more than half of total sales in …
Continue reading “Yeast Extract Market Set to Soar: Projected USD 2,584.0 Million Valuation by 2034”
The sea bream market is expected to grow from US$ 834.5 million in 2023 to US$ 2,057.2 million by 2033, with a CAGR of 9.4% from 2023 to 2033. The sea bream market has expanded significantly as a result of numerous factors. Key factors include rising consumer interest in sustainable solutions and increased public understanding of the …
The global digestion resistant maltodextrin market value is estimated to total USD 567 million in 2024 and USD 781 million by 2034. Global demand for digestion resistant maltodextrin (DRM) will likely surge at a CAGR of 6.6% during the projection period. Multiple factors are expected to stimulate growth of the DRM industry during the assessment period. One such prominent factor is the growing …
The global egg white powder market is predicted to register a robust CAGR of 11% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 1,768 million in 2023 to US$ 5,071.5 million by 2033 end. The egg white powder industry is poised to witness heightened growth in the forecast period. Many people are including products …
The fish protein concentrate market is witnessing substantial growth, driven by the increasing demand for high-quality protein sources, especially in the functional food and dietary supplement sectors. FPC offers several advantages, including improved digestibility, low-fat content, and high protein content, making it an ideal choice for athletes, fitness enthusiasts, and individuals seeking a nutritious diet. The global fish …
Continue reading “Global Fish Protein Concentrate Market Expected to Top USD 240.3 Million by 2033”
The taurine market is anticipated to be worth US$ 415.0 million in 2023 and US$ 815.4 million by 2033. During the projection period, taurine sales are anticipated to experience a strong CAGR of 7.2%. Taurine, known as the wonder molecule, is increasingly being used in products such as energy drinks, dietary supplements, and others. It has made …
Continue reading “Taurine Market Poised for 7.2% CAGR Growth from 2023 to 2033”
The egg-free mayonnaise market size is projected to be valued at US$ 4,315.4 million in 2023 and is expected to rise to US$ 7,988.2 million by 2033. The sales of egg-free mayonnaise are expected to grow at a significant CAGR of 6.4% during the forecast period. Millennials in particular are becoming more accepting of veganism, which has …
The products from the food waste market are revolutionizing the way we think about waste and sustainability. As the world grapples with the pressing issue of food waste, innovative companies are finding creative ways to transform discarded food into valuable products. These products not only reduce waste but also contribute to a more circular economy. In 2023, …
As per Future Market Insights’ (FMI) latest report, the global food packaging market value is forecast to rise from US$ 353.7 billion in 2023 to US$ 592.8 billion by 2033. Over the projection period from 2023 to 2033, global sales of food packaging sales are likely to soar at 5.3% CAGR. The food packaging market is witnessing robust growth, driven by rising …
According to the study, the global cryogenic boxes market is expected to grow at a CAGR of 7.3% between 2022 and 2032. The market value is projected to increase from US$ 326.2 Million in 2022 to US$ 657.3 Million by 2032. The cryogenic boxes market was valued at US$ 305 Million at the end of 2021 and is anticipated to exhibit Y-o-Y growth of 7.0% in 2022 …
