New Product Development
Food Acidulants Market The food acidulants market is valued at US$ 2.6 billion in 2023 and is estimated to reach a value of US$ 4.5 billion by 2033, registering a CAGR of 5.4% during the forecast period. The rising disposable income and growing demand for clean-label products and processed food are increasing the market share. Furthermore, the demand for food acidulants is fueled …
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Vegan Protein Powder Market According to Future Market Insight, the Global Vegan Protein Powder Market will reach US$ 9.07 billion by 2033, registering a CAGR of 7.4%. This anticipated growth signifies a remarkable upsurge from its projected worth of US$ 4.63 billion in 2023. There has been a significant increase in people adopting vegan and vegetarian diets worldwide. Ethical considerations, environmental concerns, and …
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Herbs and Spices Market The global herbs and spices market share is estimated to be US$ 171,563.1 million in 2024 increasing from US$ 167,874.1 million in 2019. FMI expects the global herbs and spices industry to grow at a 3.6% CAGR through 2033 to reach US$ 244,124.7 million by 2034. The use of herbs and spices in convenient meals is growing because of …
Spice Oils and Oleoresins Market According to Future Market Insights (FMI), the spice oils and oleoresins market may reach an overall valuation that is expected to surpass US$ 1,674.40 million in 2023. The market is expected to record a CAGR of 7.9% between 2023 and 2033. By 2033, the market is estimated to reach a valuation of US$ 3,567.2 million. Significant Aspects …
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The yellow pea protein market is predicted to capture a valuation of USD 3.3 billion in 2023 and is projected to rise to USD 11.5 billion by 2033. As per the FMI report, the market is likely to register a CAGR of 14.4% during the forecast period. Food & beverage manufacturers are developing nutrition supplements by increasing the adoption of yellow pea protein, such …
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The egg-free mayonnaise market size is projected to be valued at USD 4,315.4 million in 2023 and is expected to rise to USD 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. As more consumers embrace a vegan diet for reasons such as …
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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. The Food …
Food and Grocery Retail Market The current valuation of the food and grocery retail market is US$ 12.4 trillion by 2024. The market valuation is estimated to be US$ 17.1 trillion by 2034, projected at a CAGR of 3.3%. Growing awareness about health and wellness has spurred demand for organic, natural, and health-conscious food products. Retailers catering …
Food Fortification The food fortification market size is to be valued at US$ 106.7 billion by 2024. The market valuation is estimated to be US$ 286 billion by 2034, projected at a CAGR of 10.4%. The food fortification market stands as a beacon of innovation and public health, leveraging fortified foods and beverages to address nutritional deficiencies and enhance overall well-being and …
Skincare Supplement Market The global skincare supplement market size is projected to reach US$ 2,780 million in 2024. It is estimated to attain a valuation of around US$ 4,500 million by 2034. The industry is set to witness a CAGR of 8.8% in the forecast period 2024 to 2034. Functionalities such as skin de-aging, wounds & marks healing, skin brightening, skin hydrating, and …