Rapid Growth Anticipated in the Batter & Breader Premixes Market: Estimated Value of USD 3.8 Billion by 2028
The batter & breader premixes market is on a trajectory of substantial growth, projected to reach an estimated value of USD 2.7 billion in 2023, with a further increase to USD 3.8 billion by 2028. This anticipated growth is underpinned by a remarkable compound annual growth rate (CAGR) of 6.7% during the forecast period.
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North America’s Significant Contribution
North...
Cocoa and Chocolate Market Industry Analysis and Trends
The cocoa and chocolate market is a large and growing industry that is driven by consumer demand for high-quality and affordable chocolate products. Here are some of the key industry analysis and trends:
Market Size: The global cocoa market is projected to reach USD 26.3 billion by 2027, growing at a CAGR of 4.5% from 2022 to 2027. The global chocolate market is projected to reach...
Leading Players and Strategic Initiatives in the Sugar Substitutes Market
The sugar substitutes market is predicted to reach USD 24.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. By 2023, the market is expected to be worth USD 18.8 billion.
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Key players in the sugar substitutes market include:
International Flavors & Fragrances Inc. (IFF), US: IFF is a major producer and distributor of...
Cheese Powder Market Size, Share, Trends, and Forecast
According to a research report “Cheese Powder Market by Type (Cheddar, Mozzarella, American Cheese, Blue Cheese, Parmesan), Application (Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips, and Condiments, Ready Meals), Origin, and Region—Global Forecast to 2028″ published by MarketsandMarkets, the global market for cheese powder was valued at USD 630 million...
Precision Fermentation Ingredients Market Trends, Industry Analysis, and Forecast
According to a research report “Precision Fermentation Ingredients Market by Ingredient (Whey & Casein Protein, Egg White, Collagen Protein, Heme Protein), Microbe (Yeast, Algae, Fungi, Bacteria) End User, Food & Beverage Application Region – Global Forecast to 2030″ published by MarketsandMarkets, the global precision fermentation ingredients market size is estimated to...
Phytosterols Market: Rising demand for nutritious and healthy food and drinks to drive the market growth
The phytosterols market is expected to reach USD 1.6 billion by 2028 from USD 1.0 billion by 2023, at a CAGR of 8.3% during the forecast period. This growth is attributed to the increasing demand for phytosterol products due to an increase in health awareness.
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The demand for nutritious and healthy food and drinks is increasing as consumers become more aware of the impact...
Rising Health Consciousness and “Free-From” Food Trends Propel Global Gelatin Market
The global gelatin market is anticipated to achieve a valuation of USD 5.1 billion by 2028, exhibiting a noteworthy Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period up to 2023. This growth trajectory is notably driven by the pharmaceutical sector, poised to experience rapid expansion. The market’s ascent is propelled by the escalating demand for “free-from” food...
Global Baking Ingredients Market to Reach USD 22.3 Billion by 2026: Demand Surges Amid Covid-19 Lockdown
The global baking ingredients market, valued at USD 16.6 billion in 2021, is projected to reach USD 22.3 billion by 2026, growing at a CAGR of 6.0% during the forecast period.
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Covid-19 Lockdown Spurs Demand for Baking Ingredients
The Covid-19 lockdown has led to a significant increase in the demand for baking ingredients as consumers stranded at home turned to baking....
Surging Antifreeze Proteins Market: Factors Driving Growth and Dominant Trends
The global antifreeze proteins market is expected to grow significantly over the forecast period from 2023 to 2028. The market is estimated to be worth USD 10 million in 2023 and is projected to reach USD 50 million by 2028, with a compound annual growth rate (CAGR) of 37.2%.
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The antifreeze proteins market is experiencing robust growth, driven by several key factors....
Global Savory Snack Products Market to Witness Substantial Growth, Reaching USD 263.0 Billion by 2027
The global savory snack products market is set for significant expansion, with an expected rise from USD 203.9 billion in 2022 to USD 263.0 billion by 2027, representing a robust compound annual growth rate (CAGR) of 5.2% during the forecast period.
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Nuts and Seeds Segment to Lead Growth
Among the various product segments, nuts and seeds are anticipated to experience...