Overview of the Savory Snack Products Market With Opportunity, Challenges and Future Demands
The savory snack products market, valued at USD 203.9 billion in 2022, is expected to reach USD 263.0 billion by 2027, with a growth rate of 5.2% CAGR. The pandemic has spurred significant shifts in work culture and lifestyles, leading to increased demand for savory snacks worldwide. Both organized and unorganized players are witnessing a surge in demand, particularly in developing countries where...
Protein ingredients market is poised for significant expansion, fueled by the increasing importance of protein-rich diets
In 2023, the global protein ingredients market reached a valuation of USD 61.0 billion, with projections indicating a climb to USD 85.6 billion by 2028, boasting a Compound Annual Growth Rate (CAGR) of 7.0%. Protein ingredients, derived from various sources including plants, animals, insects, and microbes, are coveted for their high protein concentrations. They serve diverse industries such as food...
Unveiling Growth Trajectories: The Non-Meat Ingredients Market Landscape
The global non-meat ingredients market is on a trajectory of significant expansion, with an estimated value set to reach USD 51.1 billion by 2029 from USD 41.2 billion in 2024, indicating a promising Compound Annual Growth Rate (CAGR) of 4.4%. As the global population expands and urbanization continues, the demand for meat products escalates, prompting meat producers to prioritize quality and safety....
The Edible Oils Market Outlook : Illuminating Growth Trajectories
The Edible Oils Industry is poised for significant expansion, projected to soar from USD 212.6 billion in 2022 to USD 268.9 billion by 2027, showcasing a compelling Compound Annual Growth Rate (CAGR) of 4.8%. This growth narrative is underpinned by the escalating global population and evolving lifestyle dynamics, fostering increased consumption of processed foods. As a staple ingredient in processed...
Prebiotic Ingredients Market Revenue, Analysis and Industry Trends
The prebiotic ingredients market is forecasted to reach USD 6.3 billion by 2022, with a projected CAGR of 11.7% from 2022 to 2023. The market is driven by increasing demand for functional foods and beverages, rising awareness about the health benefits of prebiotics, and growing research and development activities in the food and beverage industry.
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Dietary Fibers Market to be Led by North America in Coming Years
The global dietary fibers market, valued at $6.8 billion in 2022, is projected to reach $12.3 billion by 2027, with a compound annual growth rate (CAGR) of 12.6% during the forecast period. This growth is primarily driven by the increasing consumption of dietary fiber supplements to meet nutritional requirements. With an aging population, a rise in lifestyle-related diseases, and escalating healthcare...
Dynamics of the Global Food Flavors Market Size, Share, Trends, Growth by 2027
The global food flavors market is experiencing significant growth and transformation driven by evolving consumer preferences, technological advancements, and regulatory shifts. This article delves into the various aspects shaping the food flavors industry, including market size, share, forecast, trends, and key players, with a focus on the US market.
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Sweeteners Market to Reach USD 144.7 Billion by 2028, Driven by Diverse Applications in Food, Beverage, and Beyond
The global sweeteners market is poised for significant growth, projected to reach USD 125.1 billion by 2028, according to a comprehensive research report by MarketsandMarkets. The market, with a CAGR of 3.1% from 2023 to 2028, is fueled by the widespread use of sweeteners across various industries such as food, beverage, personal care, and pharmaceuticals.
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Exploring the Future: Global Food & Beverage Industry Outlook 2024 – Navigating Innovation, Sustainability, and Regional Dynamics
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The Food & Beverages Industry Outlook encompasses various sectors, including the plant-based protein market, plant-based meat market, food-testing market, food certification market, precision fermentation ingredients market, food robotics market, personalized...
Cultured Meat Market: A Sustainable Evolution Driven by Innovation and Regulatory Support
The cultured meat market is forecasted to experience substantial growth, with a projected CAGR of 16.5% from 2028 to 2034, reaching USD 1.1 billion by 2034 from an estimated USD 0.2 billion in 2023. This surge is attributed to the growing global emphasis on sustainability and environmental consciousness, positioning cultured meat as a pivotal solution to the challenges posed by traditional livestock...