New Product Development
The market valuation of the global food color market was US$ 4.76 billion in 2023. This market valuation is estimated to reach USD 4.83 billion in 2024. In addition, the moderate CAGR of 5.80% shall elevate the market valuation to USD 8.46 billion by 2034. This market development is influenced by various critical market forces that …
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The global egg powder market is expected to be at a valuation of USD 1,934.2 million in 2024. Egg powder sales are likely to account for roughly 5.8% of the overall protein market this year. The worldwide demand for egg powder is projected to grow with a CAGR of 9.6% between 2024 and 2034. The global …
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The global egg replacer market is set for remarkable expansion, with estimates predicting a value of USD 1.4 billion by 2024 and a projected increase to USD 2.5 billion by 2034. This growth reflects a robust compound annual growth rate (CAGR) of 6.0% over the assessment period from 2024 to 2034. Egg replacers, culinary products specifically designed …
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The Gelatin market is likely to hold a valuation of USD 5.39 Billion by 2033. In 2023, the market value is USD 3.12 Billion. As the demand for healthy and nutritious food increases, the gelatin market is also expected to grow by 6% from 2023 to 2033. The rising use of gelatin in the pharmaceutical, food and beverages, and self-care industries …
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The gluten-free soup market is anticipated to expand its roots at a steady CAGR of 7% between 2023 and 2033. The market is expected to have a market share of USD 4.74 billion by 2033 while it is likely to be valued at USD 2.42 billion in 2023 Advanced healthcare and wellness centers with diet charts and plans are making people aware of …
The global probiotic drink market size is anticipated to surpass a valuation of USD 19,276 million in 2023. It is expected to attain a valuation of USD 39,362.7 million by 2033. The market is anticipated to thrive at a CAGR of 7% from 2023 to 2033. Digestive health has emerged as an issue of significance for …
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The market for almond butter is anticipated to achieve a valuation of USD 669.0 million by the end of 2023. Expanding at a CAGR of 6.0% from 2023 to 2033, the market is estimated to reach a valuation of USD 1,245 million by 2033. Almond butter has gained popularity as a spread, snack, and sauce thickening owing …
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The cheese market is expected to expand from USD 95.0 billion in 2023 to USD 160.0 billion by 2033. Demand for processed cheese, such as Cheddar, Parmesan, and Romano, has increased in recent years due to factors such as the product’s improved shelf life, the appealing flavor profile of processed cheese, and the versatility it …
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The global vegan butter industry is forecasted to expand at 5% CAGR over the estimated period as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 2,870 million in 2023. The vegan butter industry is propelling forward with the surging demand for oats-based vegan butter as witnessed via the B2C sales channel. High …
The global vegan caviar market size is anticipated to surpass a valuation of USD 245.00 million in 2023. It is likely to attain a valuation of USD 484.1 million by 2033. The market is expected to prosper at a CAGR of 7% from 2023 to 2033. Vegan caviar’s flavor and quality have dramatically increased in recent years. …
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