New Product Development
Botanical Flavors Market The botanical flavors market is predicted to develop at an impressive 8.6% CAGR from 2023 to 2033, exceeding the lower 2.9% CAGR witnessed between 2018 and 2022. This significant rise in growth rate reflects high global demand and acceptance of botanical flavors, increasing the market value from US$ 8,233.6 million in 2023 to US$ …
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Food Stabilizers Market The food stabilizers market, valued at US$ 2.8 billion in 2022, is set to experience significant expansion, reaching an estimated US$ 4.7 billion by 2032. This robust growth, projected at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2032, underscores the increasing reliance on stabilizers to enhance the quality, texture, …
Dry Mixes Market The dry mixes market has reached a CAGR of 5.7% during the forecast period. The market is expected to be worth US$ 9,048.0 million in 2023 and is likely to reach US$ 15,234.0 million by 2033. Dry mixes are becoming increasingly popular due to their health benefits. It helps improve digestion, makes weight loss …
Squash Drink Market The global demand for squash drink is forecasted to be valued at US$ 1,563.5 million by 2033, up from US$ 1,069 million in 2023, advancing at a CAGR of 4% during the forecast period. The growing popularity among consumers of plant extracts and botanical ingredients in their beverages is expected to surge the demand for squash. The availability …
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The global glutamic acid market size is estimated to be valued at US$ 10,160.6 million in 2023. The overall demand for glutamic acid market is poised to grow at a steady CAGR of 4.7% between 2023 to 2033, totaling a market valuation of US$ 15,787.8 million by 2033. The glutamic acid market has enormous development potential due …
The seed coating material market is projected to be valued at USD 2,059.0 million in 2024, with demand expected to grow at a CAGR of 5.9% through 2034. By the end of the forecast period, the global market is anticipated to reach USD 3,639.7 million. The demand for seed coating materials is growing as sustainable …
The smoked fish market is projected to reach a valuation of USD 5.1 billion in 2023 and is expected to grow to USD 8.0 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.6% throughout the forecast period. Rising awareness of seafood’s health benefits and the increasing popularity of smoked fish across various …
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The soluble corn fiber market is projected to reach a valuation of USD 574.0 million in 2024 and is anticipated to grow to USD 915.8 million by 2034. This growth corresponds to a compound annual growth rate (CAGR) of 4.8% over the forecast period. Consumers are increasingly seeking healthier food and beverage options, driving the …
The global whipped topping concentrate market is projected to reach a valuation of USD 4,338 million by 2033, with a compound annual growth rate (CAGR) of 5.2% from 2023 to 2033. Whipping topping concentrate serves as a vital ingredient for adding air and a creamy texture in various food products. It is commonly used in …
The global spelt wheat market is anticipated to reach a valuation of USD 1,890 million by 2023, with a projected compound annual growth rate (CAGR) of 4.1% from 2023 to 2033. By 2033, the market is expected to expand to USD 2,825 million. Spelt, also known as dinkel wheat, is a hulled wheat variety distinguished …
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