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...
New Revenue Sources in Edible Packaging Market
The global edible packaging market size is estimated to be valued at USD 527 million in 2019 and is projected to reach USD 679 million by 2025, at a CAGR of 4.3% during the forecast period. The growth of the market is driven by factors such as efforts to reduce solid waste accumulation in landfills, increasing demand from consumers for packaged food products, and innovations in the packaging...
The Global Frozen Bakery Products Market: A Rising Industry with Sweet Prospects
The frozen bakery products market is experiencing remarkable growth, with its estimated value reaching USD 22.3 billion in 2021. Projections indicate a promising future, as it is expected to surge at a Compound Annual Growth Rate (CAGR) of 5.8%, ultimately reaching USD 29.5 billion by 2026. Europe stands as a key player in this industry, claiming the largest share during the forecast period,...
Frozen Foods Market Size, Share, Industry Analysis, and Forecast – 2028
The global frozen foods market is estimated at USD 284.2 billion in 2023 and is projected to reach USD 363.7 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. The primary factor contributing to the growing demand for frozen foods is convenience. In today’s fast-paced world, consumers are constantly seeking time-saving solutions that fit their busy lifestyles. Frozen foods offer a hassle-free...
Sustainable Growth Opportunities in the Food Texture Market
According to a research report “Food Texture Market by Type (Cellulose Derivatives, Gums, Pectin, Gelatin, Starch, Inulin, Dextrin), Source, Form (Dry, Liquid), Application (Bakery & Confectionery Products, Dairy & Frozen Foods), Functionality and Region – Global Forecast to 2028″ published by MarketsandMarkets, the food texture market is projected to reach...
Dairy Alternatives Market Will Hit Big Revenues In Future
The dairy alternatives market is estimated at USD 27.0 billion in 2023 and is projected to reach USD 43.6 billion by 2028, at a CAGR of 10.1% from 2023 to 2028 according to a report published by MarketsandMarkets™. Plant-based dairy alternatives offer a range of nutritional benefits that make them a popular choice for individuals seeking a healthier and more sustainable alternative to...
Exploring the Potential of Beta-Glucans: A Thriving Global Market
The beta-glucan market is a thriving global industry, encompassing the production, distribution, and sale of beta-glucans. These remarkable compounds are a type of soluble fiber found naturally in sources such as oats, barley, mushrooms, and yeast. Notably, they are celebrated for their promising health benefits and have found applications in an array of products, spanning from food and dietary...
Beverage Packaging: A Key Player in Preserving and Marketing Your Drinks
Introduction
Beverage packaging plays a crucial role in safeguarding the quality of beverages while also serving as a powerful marketing tool to attract consumers. In 2021, the global beverage packaging market was valued at a staggering USD 148.1 billion, and it is poised for significant growth, with a projected compound annual growth rate (CAGR) of 5.0%. By 2026, it is expected to reach...
Distillation Systems Market Industry Analysis, Trends, and Forecast – 2023
The distillation systems market was valued at USD 5.94 billion in 2017; it is projected to grow at a CAGR of 5.1%, to reach USD 7.91 billion by 2023. The basic objective of the report is to define, segment, and project the global market size for distillation systems on the basis of component, technique, type, industry, operation, process, and region. Other objectives include analyzing the opportunities...
The Growing Cannabis Market: A Path to Billions
Introduction
In recent years, the global cannabis industry has witnessed a remarkable transformation, evolving from the shadows of illegality into a thriving, legitimate market with substantial growth potential. In 2022, the global cannabis market was estimated to be valued at a staggering USD 27.7 billion, and experts project it to skyrocket to USD 82.3 billion by 2027. This rapid expansion...