Food and beverage industry globally has experienced a significant growth over the past few years.
The global food grade gases market was valued at USD 7.6 billion in 2022 and is projected to reach USD 10.6 billion by 2027, growing at a CAGR of 6.9% during the forecast period. The market’s growth is being shaped by both macroeconomic and microeconomic factors across key countries, significantly …
The global lactase market was valued at USD 247 million in 2022 and is projected to reach USD 336 million by 2027, registering a compound annual growth rate (CAGR) of 6.3% during the forecast period. Lactase is an essential enzyme used in the food and …
The global sugar-free ingredients market is growing steadily as more people look for healthier alternatives to sugar. Consumers are becoming more health-conscious and are trying to reduce their sugar intake due to concerns about obesity, diabetes, and heart-related diseases. This shift is pushing food and …
The global bread improvers market plays a crucial role in the bakery industry by enhancing the quality, texture, and shelf life of bread products. Bread improvers are used to optimize the baking process, ensuring consistent results and meeting consumer demands for high-quality baked goods. The global bread …
The Truck Refrigeration Unit market is projected to grow to USD 8.83 billion by 2030 from USD 6.83 billion in 2024, at a CAGR of 4.4% from 2024 to 2030. The growing demand for perishable goods, including food items, beverages, medicines & drugs, primarily drives …
The carotenoids market size is projected to reach USD 3.4 billion by 2029 from USD 2.5 billion by 2024, at a CAGR of 6.3% during the forecast period in terms of value. Demand for dietary supplements is increasing, leading to higher consumption of natural carotenoids. There is …
The global gummy supplements market is projected to reach USD 48.5 billion by 2028, at a CAGR of 14.5% over the forecast period. It is estimated to be valued USD 24.6 billion in 2023. With the rise in the per capita income of the population, consumers are …
The global functional encapsulation market, especially within the food industry, is witnessing significant growth due to rising consumer demand for functional and fortified foods that offer health benefits beyond basic nutrition. Functional encapsulation involves enclosing active ingredients such as vitamins, probiotics, omega-3 fatty acids, and …
The global pet dietary supplements market is projected to grow from USD 2.71 billion in 2025 to USD 4.11 billion by 2030, registering a CAGR of 8.7%. The industry is undergoing significant transformation, fueled by rising demand and continuous innovation. Growing awareness among pet owners about …
In recent years, the plant-based protein market has experienced unprecedented growth, reshaping consumer preferences and driving innovation across the food and beverage industry. As more people adopt vegetarian, vegan, flexitarian, and health-conscious diets, the demand for sustainable and nutritious protein alternatives is soaring. According to …
The global enzymes market is valued at USD 14.0 billion in 2024 and is projected to reach USD 20.4 billion by 2029, growing at a CAGR of 7.8%. Market growth is primarily fueled by rising demand for processed foods, as evolving consumer lifestyles and preferences …
The Global Food Lyophilization Equipment Market is projected to grow from USD 1.19 billion in 2025 to USD 1.60 billion by 2030, recording a CAGR of 6.0% during the forecast period. This steady expansion is driven by the rising consumer preference for healthy, shelf-stable, and …
The global food preservatives market refers to the industry that produces and supplies substances used to prolong the shelf life of food products by inhibiting the growth of microorganisms, oxidation, or other undesirable chemical changes. These preservatives help maintain the quality, safety, and freshness of food, allowing …
The gluten-free snacks market has witnessed remarkable growth in recent years, fueled by rising health awareness, increasing diagnoses of gluten sensitivity and celiac disease, and the demand for clean-label, allergen-free products. This market includes a variety of snack products such as chips, crackers, cookies, bars, popcorn, pretzels, …