The global Ursolic Acid market is expected to grow at a compound annual growth rate of 4.51% over the forecast period to reach a market size of US$4.785 billion in 2025 from US$3.672 billion in 2019. Ursolic Acid is a triterpene acid that is present in many types of plants like prunes, hawthorn, thyme, oregano, lavender, cranberries, apples, and others. This type of acid contains a substantial number of healthy and nutritious properties which include antioxidant, anti-fungal, anti-bacterial Read more...
The phycocyanin market is expected to grow at a compound annual growth rate of 10.63% over the forecast period to reach a market size of US$226.932 million in 2025 from US$123.813 million in 2019. The factors that would best substantiate the aforesaid are firstly the increasing global population, followed by rural-urban migration. These two factors are expected to augment the growth of the phycocyanin market due to the increasing rate of application of phycocyanin in a variety of end- Read more...
The protease market is expected to grow at a compound annual growth rate of 5.86% over the forecast period to reach a market size of US$2.740 billion in 2025 from US$1.947 billion in 2019. The growing demand for convenience food such as bakery product, juices and snacks in the developing countries is leading to an increased demand for protease in the Food and Beverage industry. Proteases perform precise reactions important for the production processes but have hardly any technical function in Read more...
The dairy blends market is anticipated to reach USD 3.98 Billion by 2025 from USD 2.67 Billion in 2019, at a CAGR of 7.14% from 2020. Dairy blends significantly affect food products, as far as keeping up the quality, flavor, and taste, which has prompted its high demand over the globe. A mixture of concentrated cream blended in with butter is known as dairy blends. They are comprised of butter blends or butterfat, which is free from saturated fat. Dairy blends contain vegetable oil, subs Read more...
The global biscuits market is projected to grow at a CAGR of 4.26% to reach US$143.173 billion by 2025, from US$111.469 billion in 2019. The rising trend of healthy snacking and the increasing per capita food consumption as well as the convenience which is imparted by the biscuits innovative packaging are the primary drivers for the global biscuits market growth during the forecast period. Additionally, the rising health awareness and its acknowledgment by the market players are incentivizing Read more...
The global tall oil fatty acid (TOFA) market is expected to grow at a CAGR of 5.24% over the forecast period to reach a total market size of US$1,109.185 million by 2025, increasing from US$816.430 million in 2019. The tall oil fatty acid (TOFA) is considered as an ideal raw material for many chemical reactions and intermediates and is also a pure fatty acid with a low level of rosin acids and a low level of unsaponifiables through the distillation process. Some of the most common applic Read more...
The global rice bran oil market is estimated to augment at a CAGR of 4.51% from a market size of USD1.346 billion in 2019 to grow to a market size of USD1.754 billion by the end of 2025. Rice bran oil is extracted from the outer layer of rice, the outer layer of rice is known as bran. According to the International Rice Research Institute (IRRI), 100 kilograms of paddy will produce 5-10 kilograms of bran approximately. The extracted rice bran is a mixture of nutritious substances which i Read more...
The global processed food market is projected to grow at a CAGR of 6.01% to reach a value of US$2,041.271 billion by 2025, from US$1,438.201 billion in 2019. The rising demand for quick and conveniently available food is significantly driving the demand for processed food market. This has been primarily caused by a relative reduction in the leisure hours available to the individuals, causing them to switch to packaged food. Read more...
The food-grade gas market is projected to grow at a CAGR of 4.13 % to reach US$9.948 billion by 2025, from US$7.803 billion in 2019. Food grade gases have an important role in the food and beverage industry and have an important place in the agrogorod value chain. In food processing, gases such as nitrogen and carbon dioxide are used toward preservation, ripening, spoilage prevention, freezing, chilling, carbonation, and many more applications in a large number of foodstuffs such as bak Read more...
The global coffee bean market is evaluated at US$24.390 billion for the year 2019 growing at a CAGR of 3.64% reaching the market size of US$30.222 billion by 2025. The growing popularity of coffee among the young population in major countries like India, China, and the Philippines among others, is considered as one of the driving factors to boost the consumption of coffee beans. Furthermore, the health concerns regarding the consumption of and expansion of distribution channels is furt Read more...
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