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 …

Demand for Insect Feed Will Rise in Pig and Poultry Nutrition

The worldwide market for insect feed is anticipated to account for US$ 2204.7 Million towards the end of 2030. The market is estimated at US$ 850 Million in the year 2020. It would reflect a CAGR of 10% during 2020-2030. The increasing need for fish farms has added to a rise in fish oil and …

Growing Dependence on Healthy Diet Regimes Amid Consumers to Push Fibers & Specialty Carbohydrates Market

The worldwide market for fibers & specialty carbohydrates is projected to touch US$ 16919.5 Million before the conclusion of 2030. As per research by Future Market Insights, the market would show a consistent ascent at a CAGR of 6.1% during 2020-2030. This ascent in market estimation could be credited to increasing need for plant protein …

Rising Preference for Certified Food Products to Push Food Testing Market

As indicated by the latest research by FMI, the worldwide food testing market was likely to touch ~US$ 5 Billion in 2019. The rise in the demand for food testing is supported by several aspects, incorporating the altering administrative situations and purchasers’ needs around the world, alongside ceaseless research & development for the dispatch of …

Expansion of Unique Flavours to Demonstrate Kombucha as a Leader in the Fermented Non-alcoholic Beverages Category

The long-haul standpoint on kombucha market stays bullish, with FMI’s study forecasting revenues to expand at more than 15% constantly. Customers’ appetite for fermented products isn’t projected to decline anytime soon; actually, the outbreak has by now rechecked the casing for functional foods. On the other hand, within the fermented drinks segment, kombucha has a …