Author name: Devika C

Increasing Awareness About Health Benefits of Algae Products to Drive Market Growth

The algae products market is estimated to be USD 3.98 Billion in 2018 and is projected to reach a value of USD 5.17 Billion by 2023, at a CAGR of 5.4%. The market is driven by factors such as rising health concerns (which include obesity and diabetes) due to consumption of high-calorie products. Also, the […]

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Consumer Awareness Regarding the Health Benefits of Omega-3 Drives the Market

The global omega-3 market size is estimated to be valued at USD 4.1 billion in 2019 and is projected to be worth USD 8.5 billion by 2025, recording a CAGR of 13.1% during the forecast period. The growing demand for food fortification, increase in application profiling, and innovative product technologies shall drive the growth of

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Significant Growth in Functional Food Ingredients Market by 2023

The functional food ingredients market is estimated to be valued at USD 68.60 billion in 2018 and is projected to reach USD 94.21 billion by 2024, at a CAGR of 6.6%. Functional food ingredients are those ingredients which have been demonstrated to have specific physiological benefits, apart from the main nutritional benefits that are derived

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Asia Pacific: China Is One of the Largest Markets for Irrigation Automation Products

The global irrigation automation market size is estimated to account for a value of USD 2.8 billion in 2020 and is projected to grow at a CAGR of 18.5% from 2020, to reach a value of USD 6.7 billion by 2025. The increasing instances of drought and water scarcity across the globe demand more efficient usage of

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Market Leaders in Food Diagnostics Market

The global food diagnostics market size is projected to grow from USD 13.5 billion in 2020 to USD 19.2 billion by 2025, recording a compound annual growth rate (CAGR) of 7.2% during the forecast period. Increasing instances of foodborne illnesses and food recalls coupled with increasing globalization of food trade are the factors that are projected to

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GrainCorp (Australia), Groupe Soufflet (France) and Boortmalt (Belgium) are the Major Player in the Malt Extracts and Ingredients Market

The increase in the demand for beer has majorly been driving the market for malt extracts and ingredients. Factors such as their use as a sweetening agent and their ability to raise and soften the dough have propelled their use in various applications in the food & beverage industry. The key players in this market

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Shrink Plastic Film Market Latest Trends, Growth, Opportunities and Forecast 2025

“The shrink plastic film market for beverage multipacks market for beverage multipacks is projected to grow at a CAGR of 3.5% during the forecast period.” According to MarketsandMarkets, the global shrink plastic film market for beverage multipacks market for beverage multipacks size is estimated to be valued at USD 2.5 billion in 2020 and projected

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