Demand for greater quantity and variety of organic feed in the meat and dairy industry is imminent, with the growth in affluent population worldwide.
Humongous consumption and production of chocolates explain increasing appetite for cocoa, making cocoa the most widely consumed flavor in the food and beverage industry.
Egg shortage crisis in regions Such as North America owing to avian influenza to boost growth of egg replacement ingredients market.
Latin America and Western Europe supply feedstock for inulin such as agave, chicory and Jerusalem artichoke with the growing demand from the key producers of inulin.
The Asia-Pacific region is expected to be the fastest-growing for the food safety testing market and water testing & analysis market between 2016 and 2022.
The organizers are providing an intimate setting with brand representatives showcasing their products.
The calcium propionate market stood at USD 262.4 million in 2017; it is projected to grow at a CAGR of 5.6% from 2018, to reach USD 363.3 million by 2023.
The major restraining factor for the beta-glucan market is the inconsistency in regulatory norms governing beta-glucan. Health claims also differ at the country level, thereby hindering the usage of beta-glucan in pharmaceuticals as well as food & beverages.
Fermenters Market by Application (Food, Beverage, and Healthcare & Cosmetics), Microorganism (Bacteria and Fungi), Process (Batch, Fed-batch, and Continuous), Mode of Operation (Semi-automatic and Automatic), and Region - Global Forecast to 2023
The food allergen testing market, in terms of value, is projected to reach USD 760.7 Million by 2022, at a CAGR of 6.8% from 2016 to 2022.
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The aseptic processing market is classified in two parts, namely, packaging market and equipment market. The equipment market is projected to reach USD 12.24 Billion by 2022, growing at a CAGR of 3.8% from 2017, in terms of value. The packaging market is projected to reach USD 77.25 Billion by 2022, growing at a CAGR of 10.6% from 2017, in terms of value.
The essential oils market, in terms of value, is projected to reach around USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022.
The Asia Pacific is expected to overtake the North American market for prepared food equipment by 2023.
The food thickeners market is projected to grow at a CAGR of 5.95% from 2016 to 2022, to reach a projected value of USD 15.80 Billion by 2022.
The feed enzymes market is projected to grow at a CAGR of 9.3% from 2017, to reach a projected value of USD 1,428.6 Million by 2022.
Increase in awareness with regard to the importance of high nutritional food and its rising applications among the global population, fuels the demand for milk protein.
The xanthan gum market is projected to grow at a CAGR of 3.25% from 2016 to 2022, to reach USD 452.8 Million by 2022. The base year considered for the study is 2015 and the forecast years include 2016 to 2022.
North America is projected to be the fastest-growing region from 2017 to 2022 due to its large almond milk market, the strong inclination toward a vegan diet, and a growing number of manufacturers in the region.
The mycotoxin testing market size is projected to reach USD 1.56 Billion by 2022, at a CAGR of 6.0% from 2016 to 2022.
The egg replacers market is projected to reach a value of USD 1283.0 Million by 2022, at a CAGR of 6.2% from 2016.
The egg replacers market is projected to reach a value of USD 1283.0 Million by 2022, at a CAGR of 6.2% from 2016.
The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This market is majorly driven by the factors such as the rise in consumption of meat and seafood, increase in per capita income, rapid urbanization, and in the increasing adoption of convenience meat and seafood products.
The European region accounted for the largest market share in the clean label ingredients market as Europe has the highest number of clean label products due to which it has the highest consumption of clean label ingredients.
The food colors market was valued at USD 3.71 billion in 2017; it is projected to grow at a CAGR of 5.7%, to reach USD 5.12 billion by 2023.
