Plant-Based Yogurt Sales Soar as More Consumers Prefer Plant-based Products amid COVID-19 Pandemic, Says FMI in a New Study

The growing popularity of the vegan lifestyle and the significant downside of commercial animal agriculture is directing the companies to invest in plant-based yogurts and consecutively driving the plant-based yogurt market. The global plant-based yogurt market is anticipated to surpass a market valuation of US$ 5.0 Bn by 2030, recording a CAGR of 10% during …

Lecithin Market to Witness Decline in Growth as a Result of Coronavirus Outbreak

The worldwide lecithin market is anticipated to touch US$ 7 Billion towards 2030 end. At present, the market is estimated at US$ 4 Billion. The worldwide market is anticipated to reflect a 5.7% CAGR during 2020-2030. Market development of lecithin could be because of the rising demand for lecithin in food and feed applications along …

Cultured Wheat Sales Soar as More Consumers Prefer Clean Label & Natural Products Amid COVID-19 Pandemic, Finds a New FMI Study

The cultured wheat accessible in the market is GMO-free, organic, all-natural, and Kosher certified. Gradually consumers are getting more cognizant of the food ingredients as well as prefer clean labels, chemical-free, and natural products. This is driving the sales of the cultured wheat market. The various functionalities of cultured wheat are reduced consumption of yeast, …

Psychobiotic Supplements Sales to Surge Due to Growing Consumer Awareness; Consumption by Consumers Limited by Coronavirus Outbreak

The increasing awareness of wellness and health is fueling the psychobiotic supplements market. Psychobiotics regulate neurotransmitters and proteins, including gamma-aminobutyric acid, serotonin,  glutamate, and BDNF (brain-derived neurotrophic factor), which act as an important role in regulating cognitive function, neural excitatory-inhibiting balance, mood, memory learning, and processes. This beneficial attribute of psychobiotic acts as an important …

CBD Oil Sales to Record a CAGR of Over 30% by 2029; COVID-19 Outbreak to Generate Growth Prospects

The CBD oil market is anticipated to witness rapid growth due to approvals by some major reputed international organizations. This, in turn, is widening its applications over diverse sectors. The global CBD oil market is expected to record a CAGR of over 30% during 2020-2030. In 2019, the CBD oil market size was less than …

Smoked Yeast Sales Surge Due to Rising Awareness Concerning its Health Benefits; Uptake by Consumers Limited by Coronavirus Outbreak

The global smoked yeast market will witness increment in demand due to the growing usage in the food and beverage industries along with increasing awareness among individuals about its nutritional value in food and the health benefits. Also, the growing use of smoked yeast in pharmaceuticals, as dietary supplements, and increased customer interest in organic …

Imitation Whipped Cream Market to Discover Huge Application in Food & Beverage SECTOR over the Household and HoReCa Sectors

The worldwide imitation whipped cream market is estimated to touch US$ 1,502.9 Million by 2030 end. The market was estimated at US$ 958.7 Million by 2020. If these stats hold true, the market would reflect a 4.6% CAGR amid 2020-2030. Increasing inclination for products with natural ingredients along with the growing application in soups and …

North America the Topmost Lucrative Region Followed by Expansion Momentum From Emerging Economies in the Forage Seed Market

Forages are the palatable components of plants consumed by domesticated animals, and utilized for feeding grazing animals. Forage feed makers utilize grass seeds and legumes to hayfields and plant pastures. The significant partners all over the supply chain of the market for forage seed are seed retailers, seed distributors, seed conditioners and growers, plant breeders …

Food Diagnostics Market to Witness Changing Buying Pattern Owing to COVID-19 Outbreak Might Influence Development

The worldwide market for food diagnostics was estimated at US$ 12.5 Billion during 2019 and is likely to touch US$ 23.9 Billion towards the end of 2029. The worldwide market is likely to reflect a 6.70% CAGR during 2019-2029. The foremost fueling aspects on the food diagnostics market are the growing worldwide outbreaks of food …

Increasing Awareness regarding Benefits of Microbial Lipase is Fueling Expansion

The global market for microbial lipase will be reaching US$ 915.9 Billion by 2029 end exhibiting a sturdy CAGR during 2019-2029. The market was estimated at US$ 510 Billion in 2019. The increased usage of enzymes in toiletries, dairy foods, feeds for animals, in addition to cleaning agents is likely to fuel expansion in the …