Exploring the Growing Trend: Plant-Based Protein Market Analysis
The plant-based protein market size is estimated at USD 13.3 billion in 2023 and is projected to reach USD 19.2 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Plant-based proteins have surged in popularity thanks to their diverse range of nutritional benefits, attracting individuals in search of a healthier and more sustainable protein source. These advantages encompass reduced saturated...
Food Antioxidants Industry to Showcase Continued Growth in the Coming Years
The food antioxidants market refers to the industry involved in the production, distribution, and sale of antioxidants used in food products. Antioxidants are substances that prevent or delay oxidative damage to food products caused by oxygen, light, or heat, thus extending their shelf life and maintaining their quality.
Key drivers of food antioxidants market growth include:
Consumer Demand...
Nutraceutical Excipients Market Size, Share, Growth, Trends, and Forecast (2028)
The global nutraceutical excipients market will grow from USD 4.2 billion in 2023 to USD 6.1 billion by 2028, growing at a CAGR of 7.7% during the forecast period. The burgeoning popularity of nutraceuticals in recent years reflects their usage for diverse therapeutic purposes. This trend underscores their significance in addressing various ailments and diseases, ranging from...
Frozen Foods Market Size, Share, Trends, and Forecast
The global frozen foods market size was USD 284.2 billion in 2023 and is projected to grow from USD 363.7 billion in 2028, at a CAGR of 5.1%. One of the primary advantages is their longer shelf life compared to fresh alternatives. This quality significantly reduces food waste, a growing concern globally. Consumers can confidently stock up on frozen foods, knowing they won’t spoil quickly,...
Soy Protein Ingredients: A Deep Dive into Market Trends and Forecast
The global soy protein ingredients market is estimated to be valued at USD 7.7 billion in 2022. It is projected to reach USD 10.8 billion by 2027, recording a CAGR of 7.0% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global soy protein ingredients market. In terms of value sales, this would...
Lactic Acid and Polylactic Acid Market to Witness Revolutionary Growth by 2028
Lactic Acid and Polylactic Acid Market Overview
The lactic acid market refers to the global industry involved in the production, distribution, and sale of lactic acid and its derivatives.
The global lactic acid market has been expanding steadily due to its diverse applications across multiple industries. Some key sectors where lactic acid finds extensive use include:
Food and Beverage Industry:...
Food Additives Market Overview, Business Opportunities, Trends, and Forecast
The food additives market is a vital component of the global food industry, playing a crucial role in enhancing the taste, appearance, texture, and shelf life of various food products. Food additives are substances added to food products during processing or manufacturing to fulfill specific technological needs. They serve a variety of functions, including preserving freshness, improving flavor and...
The Growing Demand for Food Emulsifiers Market: Trends and Insights
The global food emulsifiers market size is estimated to be valued at USD 3.6 billion in 2023. It is projected to reach USD 4.6 billion by 2028, recording a CAGR of 4.9% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global food emulsifiers market. In terms of value sales, this would be strong...
Sustainable Growth Opportunities in the Alginates and Derivatives Industry
Alginates and Derivatives Market Overview
The alginates and derivatives market refers to the industry involved in the production, distribution, and sale of alginate compounds and their various derivatives. Alginates are a group of naturally occurring polysaccharides found in brown seaweeds, primarily consisting of mannuronic acid and guluronic acid residues. They are widely used in various industries...
Industrial Hemp Market Booming: Driven by Food, Construction, and Sustainability
The global industrial hemp market is on a steady rise, expected to reach USD 18.1 billion by 2027 from USD 6.8 billion in 2022. This significant growth reflects a compound annual growth rate (CAGR) of 21.6%.
Food and Beverage Industry Leading the Charge
The increased use of hemp seeds in various food and beverage products is a major driver of the market. Consumers are finding hemp seeds...