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 incenti 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 applications 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 f Read more...
Food deaerator market is projected to grow at a CAGR of 3.22% during the forecast period, reaching the total market size of US$348.364 million in 2024 from US$288.063 million in 2018.Food deaerators are machines which are used to remove the gases from the liquids. In this, the liquid is spread on a rotating disc within the high vacuum to remove the dissolved gases from the liquid. The market is expected to grow due to the increasing food and beverages industry. The increased demand for conveni Read more...
Global Food Irradiation market is projected to expand at a CAGR of 4.10% over the forecast period to reach a total market size of US$165.571 million by 2021. Food irradiation is a food safety technology that can eliminate disease-causing microorganisms from the food by the process of exposing foodstuff to ionizing radiation without affecting the nutritional value of the irradiated food. Increasing concerns over the food-borne diseases and high food losses from infection, contamination, and spoil Read more...
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