According to a recent report by Future Market Insights, a market research and competitive intelligence provider, The global modified starch market is expected to be worth USD 12.6 billion in 2022, rising to USD 21.2 billion by 2032, representing a CAGR of 5.6 percent. Modified starches are employed in a variety of food products because their functional qualities are far superior to...

The global plant-based snacks market is set to witness growth at a CAGR of 8.7% over the forecast period (2022-2032). Presently the net worth of the plant-based snacks market is valued at nearly US$ 31.8 Billion and is expected to reach a top valuation of USD 73.6 Billion by 2032. Plant-based snacks have emerged as popular product in last couple of years for many...

The sales of bakery enzymes are estimated to be valued at US$ 883.7 Mn in 2021. As per Future Market Insights (FMI), the overall bakery enzymes market value is expected to reach US$ 1,452.3 Mn by 2031, rising at a CAGR of 5.1% for 2021-31. Sales of bakery enzyme will represent 1.5% to 2.5% of the overall demand in the global enzyme...

The global barley market is set to grow at 3.3% CAGR and reach US$ 28 billion in revenues by 2026. Europe is the largest market for barley, accounting for nearly 30% share of the market. In addition to Europe, US and China are other leading markets for barley globally. Developing countries account for around 18% of the total global barley production and 25% of the...

According to the recent FMI report, the market size for Shrimp is anticipated to cross a value of USD 117.2 Bn in 2032, growing at a CAGR of 7.5% approximately between 2022 and 2032. The market holds a revenue of USD 56.7 Bn in 2022. Customer demand for Shrimp is growing due to its high nutritional value and low-fat protein. In addition, as a result of rapid economic expansion and...

The yoghurt market is anticipated to record a CAGR of 6.1%% during the forecast period, up from US$ 43.7 Bn in 2020. The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Yoghurt Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in...

At a phenomenal CAGR of 5.8%, the food and beverages additives market is expected to strike US$ 52.2 billion by 2020. The food and beverages additives market is being driven by the global growth of the food and beverage sector. Sales of food and beverages additives are increasing over the world owing to shifting population eating trends packaged food and beverage consumption. Food and...

According to Future Market Insights, the global gluten free food market size is projected to grow from US$ 6.7 Bn in 2022 to US$ 14 Bn in 2032, exhibiting a CAGR of 7.5% during the forecast period (2022-2032). Rapid surge in cases of celiac disease and various other gluten related allergies is a key factor driving demand for gluten-free foods. According to the Celiac Disease...

In 2022, the market for processed meat is projected to be worth US$328.8 billion. New home delivery models have fueled market expansion and are anticipated to change the game during the projected period. The overall demand for processed meat is projected to grow at a CAGR of 6.3% between 2022 and 2032, totaling around 605.14 Billion by 2032. The variable meat preservation techniques...

According to the recent report by FMI, the overall sales of plant based thickener are estimated to reach a value of US$ 7.6 Bn by 2032, surging at 8.8 % CAGR through the decade. Growing use of functional food ingredients and rising demand for vegan food products is expected to fuel the sales in the market. Further, as consumption of plant-based supplements rises, the demand in the market is...