Protein Hydrolysates Market to Witness Unprecedented Growth in Coming Years

The global protein hydrolysates market size was valued at USD 2.5 billion in 2017 and is projected to reach USD 4.1 billion by 2023, at a CAGR of 8.6% during the forecast period. Growth in the market can be attributed to the increasing demand for nutritional food and growing health consciousness among consumers. The demand for the protein hydrolysate as a dietary supplement in infant nutrition and...

Top Driving Factors of Vitamins Market

The growth in the demand for functional and nutritionally enriched processed food products, the prevalence of vitamin deficiencies, and feed fortification due to the rise in global meat & dairy product consumption are the factors driving the vitamins market. This market is projected to reach 7.35 billion by 2023 from USD 5.18 billion in 2018, at a CAGR of 7.3%. On the basis of type, the vitamin...

Growth opportunities and latent adjacency in Astaxanthin Market

The astaxanthin market has been segmented on the basis of source, application, form, and method of production, which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The market for astaxanthin is projected to grow at a CAGR of 8.02% from 2017, to reach USD 814.1 million by 2022....

Top Driving Factors of Spray Drying Equipment Market

The spray drying equipment market is estimated to be valued at USD 4.38 billion in 2018 and is projected to reach USD 6.12 billion by 2023, at a CAGR of 6.9% from 2018. This market is majorly being driven by the increasing demand for ready-to-eat and functional food, reduction in thermal damage caused to the product, increase in the shelf-life leading to improved logistics, technological innovations,...

Growth Strategies Adopted by Major Players in Global Feed Phytogenics Market

The feed phytogenics market is projected to grow at a CAGR of 8.8%, to reach a value of USD 962.5 million by 2023 from USD 631.4 million in 2018. The feed phytogenics market growth is driven by advancements in the feed industry, increased demand for livestock products, rise in awareness about animal health & feed quality, ban on antibiotics as growth promoters, and health benefits of phytogenics....