New Product Development
The global cultures market is set to observe progress at a CAGR of 4.3% and top a valuation of USD 2.1 Bn by 2032. Since the development of fermentation, processed and fermented food products have become an integral component of several global food traditions. Microbial culture techniques and their utilization in food fermentation processes have enabled transformation …
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Spirulina Powder Market The global spirulina powder market size is projected to rise from US$ 461 million in 2024 to US$ 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR. Spirulina powder is extracted from spirulina, a blue-green algae that is found to be grown on freshwater bodies, making it …
According to Future Market Insights (FMI) updated report, the global artificial sweetener market value is forecast to total US$ 2,710.0 million in 2024. A CAGR of 2.9% is on the cards for the market, with global artificial sweetener sales set to total US$ 3,600 million by 2034. Demand remains particularly high for aspartame owing to its multiple advantages, including high sweetness and …
Mango Puree Market The mango puree market is predicted to be valued at US$ 1.8 billion by 2024. The market valuation is estimated to be US$ 3.56 billion by 2034, projected at a CAGR of 7%. The market for mango puree is expanding as customer demand for natural and healthful food products rises. Smoothies, drinks, desserts, sauces, …
The yeast autolysates market has demonstrated significant growth over recent years. In 2021, the global market size stood at USD 1,556.3 million. By 2023, worldwide demand increased by 5.6% year-on-year, propelling the market toward an estimated value of USD 1,825.9 million in 2024. With a projected compound annual growth rate (CAGR) of 5.8% from 2024 …
The global cacao beans market is valued at USD 13,603.2 million in 2023, and it is expected to expand at a CAGR of 6.9% from 2023 to 2033. Forastero cacao beans account for 4/5th of the total market revenue. According to FMI, Germany is estimated to hold more than 17.6% share of the European cacao beans market in 2022, and …
The global zero calorie chips market size is anticipated to be valued at USD 2,102.0 in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2033, touching a valuation of USD 3,946.8 million by 2033. Rising demand for health and nutritional foods is a key factor pushing sales of zero calorie chips globally, as per …
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Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of USD 144,322 Million in 2031. The worldwide non-GMO food products market will gain traction as consumer …
The gluten-free bakery premix market is forecasted to garner revenue of USD 1,323.2 million by 2033, up from USD 505 million in 2023 advancing at a rate of 10% from 2023 to 2033. The gluten-free bakery premix market is experiencing significant growth as it caters to the increasing demand for health-conscious and sustainable baking solutions. Consumers are …
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The global activated charcoal supplements market will grow at a robust 11% CAGR during the forecast period, 2019 to 2029. Stringent government norms to address industrial pollution is likely to propel the usage of activated charcoal supplements in applications such as water treatment, and air purification. Upsurge in preventative healthcare practices is also likely to fuel the …