Food Safety Testing Market Size, Share, Trends and Growth
The food safety testing market is projected to grow at a CAGR of 8.2% from an estimated value of USD 22.7 billion in 2023 to reach USD 33.7 billion by 2028. The food safety testing market is experiencing growth due to various factors. These include the global nature of the food supply chain has increased the complexity of ensuring food safety. With food products crossing international borders, there...
Plant-based Protein Market Size & Forecast
The plant-based protein market size is estimated at USD 14.2 billion in 2024 and is projected to reach USD 20.5 billion by 2029, at a CAGR of 8.1% from 2024 to 2029. Plant-based protein refers to protein derived from plants rather than animal sources. These proteins can be found in a variety of plant foods such as legumes (beans, lentils, peas), nuts, seeds, grains (such as quinoa and rice), and certain...
Enzymes Industry Projected to Reach $20.4 Billion by 2029
The global enzymes market size is estimated to be valued at USD 14.0 billion in 2024 and is projected to reach USD 20.4 billion by 2029, recording a CAGR of 7.8%. The growth of the enzymes market is fueled by key factors such as a notable surge in demand for processed foods, driven by changing consumer lifestyles and preferences. This trend necessitates the use of enzymes to improve the quality, texture,...
A Comprehensive Analysis of the Global Fish Oil Market Trends and Forecasts
The Fish Oil Market is estimated to be valued at USD 12.1 billion in 2022. It is projected to reach USD 15.4 billion by 2027, with a CAGR of 4.9%, in terms of value between 2022 and 2027.
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The reasons that are driving the growth of the fishmeal & fish oil market are rising focus on the health and nutrition of livestock animals, especially in Asia Pacific region and...
Personalized Nutrition Market to Witness Unprecedented Growth in Coming Years
Personalized Nutrition Market Overview
The global personalized nutrition market size is estimated to reach $23.3 billion by 2027, growing at a 15.5% compound annual growth rate (CAGR). The global market size was valued $11.3 billion in 2022.
The personalized nutrition market is a segment of the health and wellness industry that focuses on tailoring nutritional recommendations and products to...
Industrial Enzymes Market to Hit $10.2 billion by 2028
The global industrial enzymes market size was valued at US$ 6.9 billion in 2022 and is poised to grow from US$ 7.4 billion in 2023 to US$ 10.2 billion by 2028, growing at a CAGR of 6.6% in the forecast period (2023-2028).
South America is witnessing growth in the industrial enzymes market due to government support
The demand for industrial enzymes in South America is witnessing significant growth...
Specialty Food Ingredients Industry – Growth Trends in the Market
The specialty food ingredients market size is estimated at USD 179.8 billion in 2023 and is projected to reach USD 240.9 billion by 2028, at a CAGR of 6.0% from 2023 to 2028. The key factor contributing to the growing demand for specialty food ingredients is the increasing consumer awareness and demand for healthier and functional food options. Manufacturers are able to adapt their products to the...
Hydrocolloids Market Report Forecast, Share, Industry Growth and Size
Hydrocolloids Market Forecast
Hydrocolloids market is estimated to be valued at USD 11.2 billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. The exponential growth in the natural and clean-label food consumption across the food and beverage industry due to its growing awareness has influenced the use of hydrocolloids. Moreover, this...
Cultured Meat: A Sustainable Revolution on the Plate
Cultured meat, a new wave of meat production, is poised to become a major player in the global food industry, driven by sustainability concerns and growing consumer demand for ethical and healthy alternatives. This article explores the key trends shaping the cultured meat industry, highlighting its potential to revolutionize the way we produce and consume meat.
The cultured meat market projected...
Energy Drinks Market: Comprehensive Study Explore Huge Growth in Future
The energy drinks market has been witnessing significant growth over the past few decades. This growth can be attributed to several factors such as changing consumer lifestyles, increasing urbanization, rising disposable incomes, and the growing popularity of energy drinks among young adults and athletes.
The global energy drinks market is segmented based on:
Type:
Traditional...