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The global carnauba wax sales are projected to reach approximately USD 310.2 million by the end of 2025. Forecasts suggest the market will achieve a compound annual growth rate (CAGR) of 4.2%, exceeding USD 468.1 million in value by 2035. The demand surge is driven by its expanding applications across cosmetics, food, and automotive industries, …
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The global alpha-amylase baking enzyme market is expected to secure a market value worth USD 465 Million while expanding at a CAGR of 3.8% during the time period. The market’s growth can be accredited to the increasing importance of enzymes in bread making to provide various features such as; color texture, dough improvement, and softness. …
Crown Closures Market The crown closures industry is experiencing growth driven by the increasing demand for secure, tamper-evident packaging in beverage sectors, particularly for carbonated drinks, beer, and soft drinks. Crown closures, known for their reliability in sealing bottles and maintaining product freshness, continue to dominate due to their cost-effectiveness and ease of application. Future …
Egg Packaging Market The egg packaging industry is seeing steady growth driven by the increasing demand for safe, hygienic, and sustainable packaging solutions in the food industry. Traditional materials like paperboard and plastic are commonly used to package eggs, with innovations in cushioning and protective designs to prevent breakage. Future trends include a shift toward …
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Global sales of vegan frozen pizza market is expected to be valued at US$ 854 million in 2023 and to reach a valuation of US$ 1908.7 million by 2033. The demand for vegan frozen pizza is estimated to grow at a steady 9.3% CAGR, with the U.K., the U.S., China, and India emerging as key producers. Companies are focusing on improving …
Lentil Bread Market The demand for lentil bread market is projected to reach a value of $616.5 million by 2023 and is expected to continue growing, reaching a value of $1249.2 million by 2033. The sales of lentil bread are expected to experience steady growth, with a projected CAGR of 8.1%. The lentil bread market is witnessing a surge in demand …
Vegetarian Taquitos Market The demand for vegetarian taquitos market is projected to reach a value of US$ 124 million in 2023 and US$ 217.9 million by 2033. The market is expected to register a 6.5% CAGR, with the United Kingdom, United States, China, and India being key producers. The vegetarian taquitos market is expected to soar in …
Cooking Wine Market The global demand for cooking wine market is expected to be valued at US$ 401.2 million in 2023 and reach a valuation of US$ 636.8 million by 2033. The demand for cooking wine is estimated to register a 4.5% CAGR during the forecast period. The growing awareness about the negative impact of chemical-based products on human health has led …
Sugar-based Excipients Market As of 2033, the global demand for sugar-based excipients was valued at US$ 1068.41 million, growing at a CAGR of 4.8%. In 2023, the market was valued at US$ 1707.46 million. This rise in market value is due primarily to the increased use of combination-processed excipients. It is anticipated that the rapid growth of …
Over the past two years, plant-based food production in Europe has seen a twofold increase, with Germany at the forefront of this trend among its European counterparts. This surge is attributed to consumers’ growing preference for healthy and sustainable food options across the nation. In recent years, there has been a notable decline in the consumption of …
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