Archive for the ‘Press Release’ Category
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The global agriculture variable rate technology market is estimated to be valued at USD 7.4 billion in 2022. It is projected to reach USD 13.7 billion by 2027, recording a CAGR of 13.2% during the forecast period. Variable rate technology (VRT) is made possible through field monitoring and equipment. By varying the rate of seeds ...
The global collagen market size is estimated to be valued at USD 4.1 billion in 2021 and is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The demand for collagen is increasing moderately due to increasing health concerns and rising obesity among ...
The edible inkjet ink market is projected to reach from 26 million in 2022 to USD 33 million by 2027, growing at a CAGR of 4.5% from 2022 to 2027. Rapid urbanization has brought about lifestyle changes that have significantly altered the traditional consumption patterns of consumers worldwide. The new generation and younger consumers are ...
The global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.6% during the forecast period. New technical applications of enzymes are being developed to enhance the production processes. Numerous companies in the textile industry incorporate ...
The functional food ingredients market is estimated to be valued at USD 98.9 billion in 2021. It is projected to reach USD 137.1 billion by 2026, recording a CAGR of 6.8% during the forecast period. The usage of functional food ingredients in the manufacturing of functional food & beverage products is expected to provide nutritive ...
The global industrial enzymes market is estimated to be valued at USD 6.6 billion in 2021. It is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.6% during the forecast period. Enzymes play an important role as a catalyst in the processing of several industrial products. Industrial enzymes are typically used ...
The global food & beverages industry pumps market is estimated to be valued at USD 9.9 billion in 2022. It is projected to reach USD 12.9 billion by 2027, recording a CAGR of 5.3% during the forecast period. During food & beverages operations maintaining hygienic processing conditions and preventing contamination are perhaps two of the ...
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 ingredients, sugar substitutes, flavors, specialty starches, acidulants, food preservatives, food emulsifiers, colors, food ...
The fruit & vegetable ingredients market is estimated to be valued at USD 207.8 billion in 2021. It is projected to reach USD 280.9 billion by 2027, recording a CAGR of 5.2% during the forecast period. The rising demand for better functional ingredients, developments in processed food, favorable functionalities of fruit and vegetable ingredients in various end-use ...