Press Releases from Markets and Markets (1736 total)
Drip Irrigation Market is Projected to Reach $8.3 billion by 2027
The drip irrigation market size is estimated to be valued at USD 5.2 billion in 2022 and is projected to reach USD 8.3 billion by 2027, recording a CAGR of 9.8% during the forecast period in terms of value. Drip irrigation is increasing in popularity among growers, as it helps in transferring water to the roots of the plant where it is needed, at the correct volume, and without a…
Plant Extracts Market is Projected to Reach $61.5 billion by 2027
The global plant extract market size is estimated to be valued at USD 34.4 billion in 2022 and is projected to reach USD 61.5 billion by 2027, recording a CAGR of 12.3% in terms of value. With the surge in demand for natural ingredients and natural products due to the rise in awareness related to better dietary choices, the growth of the aging population, the increase in the trend of…
Pet Food Ingredients Market is Projected to Reach $44.5 billion by 2027
The global pet food ingredients market is estimated to be valued at USD 32.2 billion in 2022. It is projected to reach USD 44.5 billion by 2027, with a CAGR of 6.7%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the pet food ingredients market rising focus on the health and nutrition of pet animals and increased spending on health-focused pet food…
Meal Replacement Market Current Trends and Future Estimations to 2026
The global meal replacement market size is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The global meal replacement market has been influenced by changing consumer lifestyles, people are inclined toward meals that are full of nutrition, vitamins, minerals, and other dietary supplements. The growth in the number of health-conscious consumers across the globe is proliferating the…
Beverages Segment is Gaining Traction in the Global Juice Concentrates Market
The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. Juice concentrates are obtained by removing water from the fruit juice to make it more suitable for storage, shipping, and resale in retail stores. The overall juice concentrates market is driven by consumers' preferences toward…
Nutraceutical Ingredients Market Current Trends and Future Estimations to 2025
The nutraceutical ingredients market is estimated to be valued at USD 162.1 billion in 2020 and is projected to reach USD 227.5 billion by 2025, at a CAGR of 7.0%. The growth of the nutraceutical ingredients market is driven by the growth in the demand for fortified food owing to the increasing health consciousness amongst consumers.
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By type, the probiotic segment is projected to account for the largest…
Environmental Testing Market Driving Factors & Global Forecast to 2025
The environmental testing market is estimated to be valued at USD 8,298.5 million in 2020 and is projected to reach USD 12,111.3 million by 2025 at a CAGR of 7.9 %. Environmental testing is one of the largest segments of the global testing, inspection, and certification (TIC) industry. It is also a part of the environmental industry, which includes environmental products, environment treatment services, waste management systems, and analytical (testing)…
Agrigenomics Market Emerging Trends and Developments by 2026
The global agrigenomics market is projected to grow from USD 3.3 billion in 2021 to USD 5.3 billion by 2026, at a CAGR of 9.7 % from 2021 to 2026. The growth of this market is projected to be driven by the increasing burden on current food production systems amidst the rapidly expanding global population, rise in the number of genetic diseases affecting plants & animals, and technological advancements…
Biocontrol Market is Projected to Reach $13.7 billion by 2027
The global biocontrol market is estimated to be valued at USD 6.6 billion in 2022. It is projected to reach USD 13.7 billion by 2027, recording a CAGR of 15.8% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global biocontrol market. In terms of value sales, this would be strong enough to significantly influence the…
Food Inclusions Market is Projected to Reach $18.7 billion by 2027
The food inclusions market size is estimated to be valued at USD 13.4 billion in 2022 and is projected to reach USD 18.7 billion by 2027, recording a CAGR of 6.9% during the forecast period in terms of value. Inclination towards convenience food has been drastically increased owing to the changing dynamics of the population, such as increasing disposable income, adoption of western culture especially in developing countries, increasing population,…
Modified Starch Market Emerging Trends and Developments by 2027
The global modified starch market is estimated to be valued at USD 13.7 billion in 2022. It is projected to reach USD 15.9 billion by 2027, recording a CAGR of 3.1% during the forecast period. Modified starches are manufactured from native starches. Various processing methods such as physical, enzymatic, wet & dry chemical processes, drum drying, and extrusion are used to produce different types of modified starch products. These processes…
Phytogenic Feed Additives Market is Projected to Reach $1,223 million by 2027
The global phytogenic feed additives market is estimated to be valued at USD 864 million in 2022. It is projected to reach USD 1,223 million by 2027, with a CAGR of 7.2%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the Phytogenic feed additives market are increasing demand of natural additives for enhancing the livestock performance. Phytogenic feed products enhances the nutritional…
Industrial Alcohol Market Detailed Analysis, Statistics and Forecast to 2025
The industrial alcohol market is estimated to be valued at USD 93.4 billion in 2020 and is projected to reach USD 112.0 billion by 2025, at a CAGR of 3.7% during the forecast period. The industrial alcohol market has been growing in accordance with the growing demand for petrochemicals, commercialization of alternative fuels. Due to their multi-functionality, industrial alcohols also find innumerable applications in cosmetics, pharmaceutical, and paints & coatings.…
Insect Pest Control Market Competitive Dynamics & Global Outlook 2021-2026
The global insect pest control market size is estimated to be valued at USD 12.3 billion in 2021 and projected to reach USD 15.8 billion by 2026, recording a CAGR of 5.1% during the forecast period. Various factors have played a major role in driving the market growth across the globe.
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Drivers: Impact of climate change on insect proliferation
According to the "Public Health Significance of Urban Pest" publication…
Insect Protein Market is Projected to Reach $3.3 billion by 2027
The insect protein market is projected to reach USD 3.3 billion by 2027 growing at a CAGR of 33.4% from 2022 to 2027. The growing population and the pressure caused by it on food and feed demand has been a global concern since a decade. As the world population proliferates, the demand for food as well as feed will increase, thereby necessitating an increase in food production by 70%.
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Carotenoids Market Emerging Trends and Developments by 2026
The carotenoids market is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a CAGR of 4.2% during the forecast period. This is attributed to the increasing awareness regarding the potential benefits of caortenoids in preventing heart diesaes, cancer, and treating eye disorders, parkinson's disease, alzhmier's disease and macular denegraton. Moreover, carotenoids has high antioxidant properties and helps in slowing the ageing process.…
Infant Formula Ingredients Market Competitive Dynamics & Global Outlook 2019-202 …
The global infant formula ingredients market is estimated to be valued at USD 16.7 billion in 2019. It is projected to reach USD 25.5 billion by 2025, recording a CAGR of 7.3% during the forecast period. Infant formula ingredients are used in the production of safe and highly nutritious formula solutions that facilitate growth and development in infants. Various ingredients used in infant formulas include carbohydrates, proteins, vitamins, minerals, oils…
UHT Processing Market to Generate $6.7 billion Revenue by 2025
The UHT processing market is estimated to reach USD 3.5 billion in 2020 and is projected to account for 6.7 billion by 2025, recording a CAGR of 13.5% during the forecast period owing to increasing demand for food & beverage products with an extended shelf life in developing countries.
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The indirect segment is projected to record the largest market share during the forecast period.
Based on the mode of…
Commercial Greenhouse Market is Projected to Reach $61.6 billion by 2027
The global commercial greenhouse market is estimated to be valued at USD 35.5 billion in 2022. It is projected to reach USD 61.6 billion by 2027, recording a CAGR of 11.6% during the forecast period.
The global commercial greenhouse market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value…
Nut Products Market is Projected to Reach $8.9 billion by 2027
The global nut products market size is estimated to be valued at USD 6.7 billion in 2022. It is projected to reach USD 8.9 billion by 2027, recording a CAGR of 5.9% in terms of value. An increasing number of new product launches consisting of nuts as key ingredients to drive the nut products market.
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The walnuts segment is anticipated to gain the second largest market share in…
Food Enzymes Market Analysis, Emerging Trends and Developments by 2026
The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The growing demand for diverse range of food products, clean label trend, and increase in disposable income are the factors that are projected to drive the growth of the food enzymes market globally.
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By…
Functional Proteins Market Size, Share & Growth Trends
The global functional proteins market size is projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period. The market is strongly driven by shifting consumer preferences, rising health awareness, growing millennial population, and increase in supplementary income among consumers. The convergence of major industry trends is giving rise to new opportunities for key players in the industry. Changing lifestyles and high prevalence of…
Membrane Filtration Market is Projected to Reach $22.1 billion by 2027
The global Membrane filtration market estimated at USD 16.1 billion in 2022. It is projected to reach USD 22.1 billion by 2027, recording a CAGR of 6.5% during the forecast period. Developing, as well as developed economies in countries such as UK, India, Chia, and US are regulating the packaged drinking water, thereby focusing on utilization of membrane filtration technology. Plus, the growing alcoholic beverage consumption in developing countries could…
Meat Substitutes Market to Showcase Continued Growth in the Coming Years
The global meat substitutes market size is estimated to be valued at USD 1.9 billion in 2021 and is projected to reach USD 4.0 billion by 2027, recording a CAGR of 13.5% during the forecast period in terms of value. The demand for meat substitutes is increasing moderately due to increasing health concerns and rising obesity among consumers.
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The meat substitutes market has witnessed consistent growth over the…
Cocoa Market to Hit $26.3 and Chocolate Market to Hit $160.9 billion by 2027 Res …
The global cocoa market is projected to reach USD 26.3 billion by 2027, growing at a CAGR of 4.5% from 2022 to 2027. The global chocolate market is projected to reach USD 160.9 billion by 2027, growing at a CAGR of 4.7% from 2022 to 2027.
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With the growing awareness about health, an increasing number of consumers are prioritizing their health and following specific diets with specific needs.…
Specialty Food Ingredients Market is Likely to Experience Tremendous Growth in N …
The global specialty food ingredients market is estimated to be valued at USD 148.2 billion in 2022. It is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period.
Specialty food ingredients constitute distinct functional food ingredients, sugar substitutes, flavors, specialty starches, acidulants, food preservatives, food emulsifiers, colors, food & beverage enzymes, and F&B starter culture. They help improve the texture, increase shelf…
Vitamin D market is projected to witness strong growth in coming years
The Vitamin D market is estimated to account for USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2025, at a CAGR of 7.0%. The Vitamin D market is driven by growth in awareness of vitamin D deficiency, rise in incidences of osteoporosis in women, and increase in cases of malnutrition in children. However, the regulatory standards for vitamin D are creating a restraint in…
Pulse Ingredients Market is Projected to Reach $25.9 billion by 2027
The global pulse ingredients market is estimated to be valued at USD 20.7 billion in 2022. It is projected to reach USD 25.9 billion by 2027, recording a CAGR of 4.6% during the forecast period.
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Pulse ingredients are fine-powdered materials created from the peas, lentils, and chickpeas made without the use of processing aids or chemical compounds. These are natural food and feed-grade products that are used to…
Coconut Oil Market Opportunities and Industry Analysis by 2027
The global coconut oil market is estimated to be valued at USD 5.7 billion in 2022. It is projected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5% during the forecast period. Coconut oil is a yellowish-white solid or semi-liquid available in the form of edible oil. It is extracted from the wick, meat, and milk of the coconut palm fruit and has a low percentage of…
Indoor Farming Technology Market Size, Share & Growth Trends by 2026
The indoor farming technology market is estimated at USD 14.5 billion in 2020; it is projected to grow at a CAGR of 9.4% to reach USD 24.8 billion by 2026. The pressure on the agriculture industry to meet the growing demand for grains and food leads to the search for high-yielding farming techniques, such as precision farming and urban farming. Indoor farming, thus is looked upon as a potential solution…
Refrigerated Transport Market Analysis, Statistics and Global Forecast to 2027
The global refrigerated transport market is projected to be valued at USD 160.7 billion by 2027. Europe is estimated to dominate the global market in 2022. Advancements in refrigerated transport technology have improved food safety and reduced food waste, less energy consumption, and a low environmental impact. Moreover, refrigerated vehicle manufacturers are working on designing technologies to minimize their environmental impacts, such as carbon footprint and noise pollution. These are…
Seed Coating Market is Projected to Reach $3.6 billion by 2027
The seed coating market is estimated to be valued at USD 2.4 billion in 2022. It is projected to reach USD 3.6 billion by 2027, recording a CAGR of 8.4% during the forecast period. The demand for the seed coating market is driven due to the awareness campaigns, such as the awareness programs carried out by India Monsanto to adopt GM seeds, which are also coated. There also have been…
Dietary Fibers Market is Projected to Reach $12.3 billion by 2027
The global Dietary fibers market is estimated at USD 6.8 billion in 2022. It is projected to reach USD 12.3 billion by 2027, recording a CAGR of 12.6% during the forecast period. Increasing geriatric population, demand for fiber-rich food products among consumers across the globe and increasing importance towards health and wellness are some the driving factors responsible for increase dietary fibers market growth in the upcoming years.
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Top Trends in the Agricultural Biologicals Market is Projected to Garner Signifi …
The Top Trends in the Agricultural Biologicals Market is projected to grow at a CAGR of 11.9% from an estimated value of USD 10.6 billion in 2021 to reach USD 18.5 billion by 2026 The market is driven by factors such as increased awareness towards organic food, growing concerns about the hazards of using chemicals, demand for high-value crops, and increase in awareness about residue levels in food, and favorable…
Snack Pellet Equipment Market worth $1.4 billion by 2025
The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2%. The snack pellet segment is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, the increasing consumer preference for processed foods contributes to the growing demand for snack…
Batter and Breader Premixes Market has Witnessed a Significant Increase in Recen …
The global Batter & breader premixes market size is estimated to be valued USD 2.5 billion in 2021 and is projected to reach a value of USD 3.4 billion by 2026, growing at a CAGR of 6.4% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population.
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The rise in the standards of living, rising working…
Agricultural Sprayers Market is Projected to Reach $3.5 billion by 2027
The market for Agricultural sprayers is estimated at USD 2.5 billion in 2022. It is projected to reach USD 3.5 billion by 2027, recording a CAGR of 6.8% during the forecast period. With the growing world s population and the decreasing amount of arable land, the focus has shifted towards usage of modern agricultural techniques, like agricultural sprayers, to increase crop productivity. Increasing focus on farm efficiency and productivity, rising…
Demand of savory snack products in growing across the globe
The Savory Snack Products Market size is estimated to be valued at USD 203.9 billion in 2022 and is projected to reach USD 263.0 billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value.
Changing work culture and lifestyles, due to the sudden impact of pandemic is promoting the savory snack products among consumers. Moreover, the savory snack products market is characterized by many organized…
Specialty Yeast Market is Projected to Reach $4.6 billion by 2027
According to MarketsandMarkets analysis, the global specialty yeast market is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, with a CAGR of 7.0%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the specialty yeast market are increasing demand of specialty yeast products across various food, beverage, feed and other industries…
Textured Vegetable Protein Market is Projected to Reach $1.9 billion by 2027
The global textured vegetable protein market is estimated to be valued at USD 1.4 billion in 2022. It is projected to reach USD 1.9 billion by 2027, recording a CAGR of 6.9% during the forecast period.
Shifting demand patterns are guiding the change in the dynamics of the food & beverage industry across the globe. Developing regions are witnessing a transformation within the industry. Also, the growing urbanization and rising incomes,…
Plant-based Meat Market is Projected to Reach $15.7 billion by 2027
The Plant-based Meat Market is projected to reach USD 15.7 billion by 2027, with a CAGR of 14.7%, in terms of value between 2022 and 2027. The major factors to drive the growth of the plant-based meat market are growth in vegan and flexitarian population, rise in awareness about the health benefits of plant-based meat over animal-based meat products, increase in investment by government bodies and R&D activities, and investment…
Biopesticides Market is Projected to Reach $11.3 billion by 2027
The global biopesticides market is estimated to be valued at USD 5.5 billion in 2022. It is projected to reach USD 11.3 billion by 2027, recording a CAGR of 15.6% during the forecast period. The global biopesticides market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during…
Fillings and Toppings Market is Projected to Reach $15.9 billion by 2027
The fillings and toppings market size is estimated to be valued at USD 11.9 billion in 2022 and is projected to reach USD 15.9 billion by 2027, recording a CAGR of 6.0% during the forecast period in terms of value.
The market for fillings and toppings has been driven by several external factors such as growing urbanization, changing taste preferences with unique flavors, changing traditional eating patterns, expanding food chains,…
Plant-based Protein Market is Projected to Reach $17.4 billion by 2027
The Plant-based Protein Market is estimated to be valued at USD 12.2 billion in 2022. It is projected to reach USD 17.4 billion by 2027, with a CAGR of 7.3%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the plant-based protein market are increasing demand for alternative sources to animal proteins due to a rise in health and environment concerns such as…
Feeding Systems Market is Projected to Reach $3.9 billion by 2027
The global feeding systems market is projected to reach USD 3.9 billion, by 2027, at a CAGR of 7.7% from 2022 to 2027. The growing size of dairy farms, increasing focus of major companies on technological advancements as well as product launches and developments, and substantial cost savings associated with automated feeding systems are the major driving factors for the market. The market also faces some challenges like high capital…
Pest Control Market to Showcase Continued Growth in the Coming Years
The pest control market size is expected to reach USD 29.1 billion by 2026, at a CAGR of 5.1%. Pest control has witnessed strong growth due to public health concerns and an increase in the frequency of pest infestations due to climate changes. In countries such as the US, strong regulatory requirements concerning pest control and environmental protection laws have helped bolster the market demand and attract service providers to…
Essential Oils Market Growth Opportunities and Recent Developments
The Essential Oils Market size is estimated to be valued USD 10.3 billion in 2021 and is expected to reach a value of USD 16.0 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period. In terms of volume, the essential oils market is estimated to account for 253.2 KT in 2021 and is expected to reach at 345.4 KT by 2026, growing…
Food Fortifying Agents Market is Projected to Reach $128.0 Billion by 2027
The global food fortifying agents market is projected to reach USD 128.0 Billion by 2027, growing at a CAGR of 10.1% from 2022 to 2027.The demand for food fortifying agents is driven by the increasing adoption of fortifying agents in various food & beverage, pharmaceuticals, dietary supplements and pet food manufacturing industries. Significant changes in the food fortifying agents industry over the last two decades have resulted in the high…
Prebiotics Ingredients Market Regional Analysis and Forecasts by 2027
The Prebiotic Ingredients Market is estimated at USD 6.3 billion in 2022; it is projected to grow at a CAGR of 11.7% to reach USD 10.9 billion by 2027.
The rise in the global population, wide use of prebiotics as nutraceutical ingredients, and increased awareness for prebiotics are key factors that are projected to drive the growth of the prebiotic ingredients market during the forecast period.
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Europe is projected…
Drip Irrigation Market Analysis with Ongoing Trends & Market Revenue
The Drip Irrigation Market is estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8% during the forecast period. The market is driven by factors such as enhanced crop yields, optimum utilization of resources, reduced agricultural input costs and improved efficiency in agricultural production.
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Increasing concerns over water withdrawal and government initiatives are the key factor driving…
