Prebiotic Ingredients Market Worth US$7.37 Billion

The global prebiotics ingredients market is estimated at US$4.07 billion in 2017 and is projected to reach a value of US$7.37 billion by 2023, according to market intelligence agency Marketsandmarkets. The prebiotics ingredients market is forecast to grow at a compound annual growth rate of 10.4 percent during the forecast…

Demand For Food Safety Sees Food Testing Kits Market Expanding

The global food testing kits market is estimated at a value of US$1.68 billion in 2017 and is projected to reach US$2.38 billion by 2022, rising at a compound annual growth rate of 7.2 percent, according to MarketsandMarkets. The global food testing kits market is expanding with a considerable growth…

Chocolate Confectionery Market To Hit US$154.5 Billion By 2025

The global chocolate confectionery market is projected to reach US$154.5 billion by 2025, according to market intelligence agency Grand View Research. Key factors that are driving the market growth include the recent approvals of factor concentrate by regulatory bodies, supportive government initiatives and mandates, as well as favourable impact of…

Meat Substitutes Market To Be Worth US$6.43 Billion By 2023

The global meat substitutes market is estimated at US$4.63 billion in 2018 and is projected to grow at a compound annual growth rate of 6.8 percent and will reach a value of US$6.43 billion by 2023, according to market intelligence agency MarketsandMarkets. The market is driven by factors such as…

Textured Soy Protein Market To Reach US$2.73 Billion By 2022

The global textured soy protein market is estimated at US$1.73 billion in 2017 and is projected to grow at a compound annual growth rate of 9.5 percent from 2017 to 2022, according to market intelligence agency Research and Markets. The textured soy protein market is predicted to reach US$2.73 billion…

Wheat Protein Market Pegged To Hit US$2.58 Billion

The global wheat protein market is estimated at US$2.04 billion in 2017 and is projected to reach US$2.58 billion by 2022, growing at a compound annual growth rate of 4.8 percent, according to market intelligence agency Research and Markets. The wheat protein market has been largely driven by the growing…

Nutraceutical Ingredients Market To Reach US$49 Billion

The global nutraceutical ingredients market is projected to grow at a compound annual growth rate (CAGR) of 7.5 percent between 2018 and 2023 and expected to reach US$49 billion by the end of the forecast period, according to market intelligence company ReportLinker. The market is estimated at US$34.06 billion in…

Beverage Packaging Market Set To Bring In More Than US$130 Billion

The global consumer beverage packaging market is expected to witness an expansion with sales increasing at a compound annual growth rate (CAGR) of 4.7 percent in terms of volume between 2018 and 2026, according to market intelligence company Transparency Market Research. The market is expected to reach US$130 billion in…

Nearly Half Of Young Germans Want More Vegan And Vegetarian Sweets

Three out of 10 (28 percent) German consumers would like to see a wider variety of clearly labelled vegetarian and vegan confectionery, according to new research from Mintel. This number rises significantly to 46 percent of consumers aged 25 to 34. Speaking at ProSweets Cologne 2018, Marcia Mogelonsky, Director of…

Canned Seafood Market Pegged To Reach US$27.8 billion

The global Canned Seafood Market Pegged To Reach US$27.8 billion is anticipated to grow on account of rising demand for processed food due to ease of consumption, according to market intelligence company Grand View Research. The market is forecast to reach US$27.8 billion by 2025, growing at a compound annual…
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