Industrial Hemp Market Booming: Driven by Food, Construction, and Sustainability
The global industrial hemp market is on a steady rise, expected to reach USD 18.1 billion by 2027 from USD 6.8 billion in 2022. This significant growth reflects a compound annual growth rate (CAGR) of 21.6%.
Food and Beverage Industry Leading the Charge
The increased use of hemp seeds in various food and beverage products is a major driver of the market. Consumers are finding hemp seeds...
Starch Derivatives Market to Witness Unprecedented Growth in the Coming Years
Starch Derivatives Market Overview
The starch derivatives market encompasses a wide range of products derived from starch, which is a carbohydrate found in many plants. These derivatives are used in various industries including food and beverage, pharmaceuticals, cosmetics, and paper production.
Some common starch derivatives include:
Modified Starch: Starch that has been chemically or...
Exploring the Flourishing Market of Probiotics in Food and Cosmetics
The term Probiotics Food & Cosmetics refers to a growing market sector that encompasses products containing probiotics – live microorganisms that offer health benefits when consumed or applied.
Probiotic Food & Beverages:
These include various food and beverage items that are enriched with live probiotics. Examples include yogurt, fermented dairy products (like kefir and kombucha),...
Yeast Industry: Comprehensive Study Explore Huge Growth in the Future
Global Yeast Market Overview
The yeast market encompasses a variety of yeast products used in various industries, including food and beverage, pharmaceuticals, and biofuels. Yeast is a single-celled fungus that plays a crucial role in fermentation processes, converting sugars into alcohol and carbon dioxide. yeast serves as a crucial additive in various food applications, including processed foods,...
Meal Replacement Market Size, Share, Trends, and Growth Opportunities
The global meal replacement market size was valued at USD 11.9 billion in 2021 and is expected to grow at a CAGR of 5.4% from 2021 to 2026. The revenue forecast for 2026 is projected to reach $15.5 billion. The base year for estimation is 2021, and the historical data spans from 2021 to 2026.
Meal Replacement Market Drivers:
Busy lifestyles and convenience: Consumers seek quick, healthy...
Hemp Boom: Sustainable Products Drive Market to $18.1 Billion by 2027
The industrial hemp market is on a steady rise, expected to reach a value of USD 18.1 billion by 2027. This significant growth is fueled by a surge in demand for eco-friendly products and a growing awareness of the health benefits associated with hemp.
Hemp Seeds: A Superfood Powerhouse
One of the key drivers of this market is the increasing usage of hemp seeds in various food and beverage...
Pea Protein Market to Witness Unprecedented Growth in Coming Years
The pea protein market is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein industry size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by...
Plant-based Meat Market Size, Growth Factors, Trends, and Forecast
The plant-based meat market has experienced exponential growth, fueled by a convergence of factors including environmental awareness, technological advancements, and changing consumer preferences. From burgers and sausages to chicken nuggets and even seafood alternatives, the variety of plant-based meat options continues to expand, catering to a diverse range of tastes and culinary preferences.
Plant-based...
Food Coating Market Size, Trends, Growth Opportunities, and Forecast
The global food coating ingredients market is estimated at USD 3.6 billion in 2023 and is projected to reach USD 4.9 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. The food coating equipment market is estimated at USD 5.7 billion in 2023 and is projected to reach USD 7.7 billion by 2028, at a CAGR of 6.3% from 2023 to 2028.
The elemental function of coating food is to protect the food...
From Bland to Grand: Unveiling the Magic of Taste Modulators
The taste modulators market is on a trajectory of significant growth, poised to reach USD 2.0 billion by 2028 from USD 1.4 billion in 2023, reflecting a remarkable Compound Annual Growth Rate (CAGR) of 7.4%. This expansion is driven by a multitude of factors, primarily the escalating health consciousness among consumers. With a collective aim to address health concerns such as obesity and diabetes,...