According to MarketsandMarkets, the global refrigerated transport market is projected to be valued at USD 160.7 billion by 2027. The market is driven by increasing demand to prevent the spoilage of perishable food products and agricultural commodities across the globe. These refrigerated vehicle helps to restrict …
The global industrial hemp market size is projected to grow from USD 4.6 billion in 2019 to USD 26.6 billion by 2025, recording a compound annual growth rate (CAGR) of 34.0% during the forecast period. Rising awareness among the consumers about the benefits of industrial …
The global HMO market is estimated to be valued at USD 199 million in 2022. It is projected to reach USD 556 million by 2027, recording a CAGR of 22.7% during the forecast period Human milk oligosaccharides (HMOs) are among the major components of human …
The enzymes market was valued at USD 10.0 billion in 2019 and is projected to reach USD 14.7 billion by 2025, recording a CAGR of 6.7% during the forecast period. The demand for enzymes is increasing significantly, as it is being used across various industries and as …
The global plant extracts market is expected to grow from USD 30.8 billion in 2021 to USD 55.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. The growth of the plant extracts market is driven by the rising demand for healthier …
The Beverage Cans Market size is estimated to account for a value of USD 23.7 billion in 2021 and is projected to grow at a CAGR 5.6% from 2021, to reach a value of USD 31.2 billion by 2026. Factors such as the increasing demand …
The global functional food ingredients market size 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 inclination toward nutritional and convenience food and …
According to MarketsandMarkets, the global starch derivatives market size is estimated to be valued at USD 50.9 billion in 2020 and is projected to reach USD 61.5 billion by 2025, recording a CAGR of 3.9% in terms of value. The growth of starch derivatives market …
According to MarketsandMarkets, the global pine-derived chemicals market is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5%, in terms of value. Pine-derived chemicals is a major commercial product of pine …
Enzyme market is projected to grow from USD 10.0 billion in 2019 to USD 14.7 billion by 2025, recording a compound annual growth rate (CAGR) of 6.7% during the forecast period. Enzyme market is exhibiting strong growth, by the growth in environmental concern and an increase …
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 …
The global Functional Food Ingredients Market size 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 inclination toward nutritional and convenience food and …
The cannabis market is projected to reach USD 90.4 billion by 2026, recording a CAGR of 28.0%, in terms of value. It is witnessing significant growth due to increasing legalization of cannabis across various regions. Also, the growth of this market can also be attributed …
The global food emulsifiers market is estimated to be valued at USD 3.2 billion in 2020 and is projected to reach USD 4.0 billion by 2025, at a CAGR of 4.7% during the forecast period. The rise in consumption of processed foods due to the …