The food and beverage industry globally has experienced a significant growth over the past few years. This is majorly attributed to the industry's strong developments and innovations, which have further enhanced and strengthened ....see more
The global textured vegetable protein market size is projected to reach USD 1.9 billion by 2027, recording a CAGR of 6.9% during the forecast period. The key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), DuPont (US), The Scoular Company (US), Beneo (Germany), Cargill, Incorporated (US), MGP (US), Shandong Yuxin Biotechnology Co. Ltd. (China), Axiom Foods, Inc., (US), Foodchem International Corporation (China), PURIS (US), Kansas Protein Foods (US), and DSM (Netherlands).
According to MarketsandMarkets, the fillings and toppings market size is projected to reach USD 15.9 billion by 2027, recording a CAGR of 6.0% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as ADM (US), Barry Callebaut (Switzerland), Tate and Lyle (US), AGRANA Beteiligungs-AG (Austria), Associated British Foods plc (UK), Cargill (US), AAK AB (Sweden), Ashland (US), Highlander Partners (US), and Zentis GmbH and Co. KG (Germany).
The plant-based meat market is expected to grow from USD 7.9 billion in 2022 to USD 15.7 billion by 2027, at a CAGR of 14.7% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Beyond Meat (US), Kellogg Company (US), Impossible Foods Inc. (US), Maple Leaf Foods (Canada), Unilever (UK), Conagra Foods (US), Tofurky (US), Gold&Green Foods Ltd (Finland), Sunfed (New Zealand), and Monde Nissin (Philippines).
The Plant-based protein market is expected to grow from USD 12.2 billion in 2022 to USD 17.4 billion by 2027, at a CAGR of 7.3% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as ADM (US), Cargill (US), DuPont (US), Wilmar International Ltd (Singapore), Roquette Frères (France), Glanbia plc (Ireland), Kerry Group PLC (Ireland), DSM (Netherlands), Ingredion (US), Emsland Group (Germany).
The global food fortifying agents market is expected to grow from USD 79.3 billion in 2021 to USD 128.0 Billion by 2027, at a compound annual growth rate (CAGR) of 10.1% during the forecast period.The key players Cargill (US), DSM (Netherlands), CHR. Hansen Holdings A/S (Denmark), DuPont (US), BASF SE (Germany), Arla Foods Amba (Denmark), Tate & Lyle (UK), Ingredion (US), Archer Daniels Midland Company (US), and Nestle SA (Switzerland).
According to MarketsandMarkets, the global precision fermentation market size is projected to reach USD 36.3 billion by 2030, recording a CAGR of 48.1% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Geltor (US), Perfect Day, Inc. (US), The Every Co. (US), Impossible Foods Inc. (US), and Motif FoodWorks, Inc. (US).
The global dairy alternatives market is expected to grow from USD 27.3 billion in 2022 to USD 44.8 billion by 2027, at a compound annual growth rate (CAGR) of 10.4% during the forecast period. The Key players Danone North America Public Benefit Corporation (US), The Hain Celestial Group, Inc. (US), Blue Diamond Growers (US), SunOpta (Canada), Sanitarium (New Zealand), Freedom Foods Group Limited (Australia), Eden Foods, Inc. (US), Nutriops, S.L. (Spain), Earth’s Own Food Company Inc. (Canada), Triballat Noyal (France), Valsoia S.p.A (Italy), Panos Brands (US), Green Spot Co., Ltd. (Thailand), and Hiland Dairy (US).
The global bone and joint health supplements market is projected to reach USD 17.6 billion by 2027, recording a CAGR of 8.5% during the forecast period. The Major players in this market include Bayer AG(Germany), Procter & Gamble (US), Amway (US), Basf SE (Germany) and Archer Daniels Midland (US).
The non-meat ingredients market is expected to grow from USD 36.6 billion in 2021 to USD 46.7 billion by 2027, at a CAGR of 4.2% during the forecast period. The key players in this market include Kerry Group (Ireland), Dow (US), Associated British Foods plc (UK), Wiberg GmbH (Austria), Essentia Protein Solutions (US), Advanced Food Systems (US), Ingredion (US), and ADM (US).
The Seaweed protein market size is projected to reach USD 1131 million by 2027, at a CAGR of 14.1% during the forecast period. The key players in this market include CP Kelco U.S., Inc. (US), Algaia (France), Algea (Norway), Qingdao Gather Great Ocean Algae Industry Group Co, Ltd (China), Qingdao Brightmoon Seaweed Co Group Co. Ltd (China), Cargill Incorporated (US) Gelymar SA (Chile), Ceamsa (Spain), BASF (Germany), Irish Seaweed (Ireland), Dupont Nutrition and Biosciences (US), Compo Expert Group (Germany), Beijing Leili Agricultural Co, Ltd (China), Groupe Roullier (France), Acadian Seaplants (Canada). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
The juice concentrates market is anticipated to surge ahead with a projected revenue of US$ 93.7 billion by 2027, growing at a CAGR of 4.9% during the forecast period. In 2022, the industry was valued at US$ 73.7 billion, indicating significant growth potential for the market. The key players in this market include Archer Daniels Midland Company (US), Südzucker AG (Germany), Ingredion Incorporated (US), SunOpta, Inc (Canada), Kerry Group PLC (Ireland), IPRONA SPA (Italy), Symrise AG (Germany), Döhler Group SE (Germany), SVZ International B.V (Netherlands), and Kanegrade Limited (UK).
The global specialty food ingredients market is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period. The key players in this market include Cargill Incorporated (US), ADM (US), DuPont (US), Ingredion (US), Kerry Group (Ireland), DSM (Netherlands), Chr. Hansen (Denmark), Sensient technology corporation (US), Tate & Lyle (UK), Givaudan (Switzerland)
The global starter cultures market is expected to grow from USD 1.1 billion in 2022 to USD 1.5 billion by 2027, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The major players Chr. Hansen Holding A/S (Denmark), DuPont (US), IFF(US) and LB Bulgaricum (Bulgaria).
The fruit & vegetable ingredients market is expected to grow from USD 207.8 billion in 2021 to USD 280.9 billion by 2027, at a CAGR of 5.2% during the forecast period. The key players in fruit & vegetable ingredients market include Cargill Incorporated (US), ADM (US), Ingredion, Tate & Lyle(U.K), DöhlerGmbH(Germany), Kerry(Ireland), Sensient Technologies(U.S), AGRANA Beteiligungs-AG(Austria), and SunOpta(Canada), etc.
The 3D food printing market is projected to reach a value of nearly USD 1,941 million by 2027, at a CAGR of 57.3% during the forecast period. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the 3D food printing market. It includes the profiles of leading companies such as 3D systems (US), TNO (Netherlands), NATURAL MACHINES (Spain), Choc edge (UK), Systems & Materials Research Corporation (US), byFlow B.V. (Netherlands), beehex (US), CandyFab (US), ZMORPH S.A (Poland) and Wiiboox (China).
The global Human Milk Oligosaccharides (HMO) Market is expected to grow from USD 199 million in 2022 to USD 556 million by 2027, at a compound annual growth rate (CAGR) of 22.7% during the forecast period. Some of the key players are DSM (Netherlands), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), DUPONT ( US), and Royal FrieslandCampina N.V. (Netherlands).
The refrigerated transport market is expected to grow from USD 113.4 billion in 2022 to USD 160.7 billion by 2027, at a CAGR of 7.2% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as United Technologies Corporation (Carrier Corporation) (US), DAIKIN INDUSTRIES Ltd.(Japan), Ingersoll Rand (Ireland), China International Shipping Containers (Group) Co., Ltd (China), Utility Trailer Manufacturing Company (US), Singamas Container Holdings Limited (China), Hyundai (Korea), Schmitz Cargobull (Germany), KRONE (Germany), LAMBERET SAS (France), Tata Motors (India), VE Commercial Vehicles Limited (India), Shaanxi Tianhui Inlong Trading Co. Ltd (China), Wabash National Corporation (US) and Great Dane LLC (US).
The dietary supplements market size is expected to grow from USD 155.2 billion in 2022 to USD 220.8 billion by 2027, at a CAGR of 7.3% during the forecast period. The key players in this market include Amway Corp (US), Herbalife International of America, INC. (US), ADM (US), Pfizer INC (US), Abbott (US), Nestle (Switzerland), Otsuka Holding Co, LTD (Japan), H&H Group (China), Arkopharma (France), Bayer AG (Germany), Glanbia Plc (Ireland), Nature's Sunshine Products Inc (US), Fancl Corporation (Japan), Danisco (Denmark), Bionova (India), American Health (US), Pure Encapsulations LLC (US), GlaxoSmithKline, PLC (UK). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
According to MarketsandMarkets, the global pine-derived chemicals market is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5% during the forecast period. Key players in this market include Foreverest Resources Ltd, (China), Harima Chemical Company (Japan), Takasgo International Corporation (Japan), Chemiplas Australia Pvt Ltd (Australia), Mentha and Allied Products Ltd., (India).
The fruit and vegetable processing market is expected to grow from USD 8.7 billion in 2022 to USD 11.8 billion by 2027, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The key players such as Conagra brands (US), Greencore group (Ireland), Nestle (Switzerland), Olam International (Singapore), The Kraft Heinz Company (US), Pepsico Inc. (US), AGRANA Group (Austria), Bonduelle (France), Dole Food (US), SVZ International B.V. (US), Sahyadri Farms (India), Diana Group S.A.S. (France) and Raje Agro Food (India)
The global modified starch market is projected to reach USD 15.9 billion by 2027, recording a CAGR of 3.1% during the forecast period. The key players in this market include SMS Corporation (Thailand), Global Bio-Chem Technology Group Company Limited (Hong-Kong) Ingredion Incorporated (US) , Archer Daniel Midlands Company (US), CARGILL (US), Tate & Lyle (UK), Avebe U.A. (The Netherlands), Tereos (France), Lyckeby (Sweden)and Avebe (Netherlands).
The prebiotic ingredients market is expected to grow from USD 6.3 billion in 2022 to USD 10.9 billion by 2027, at a CAGR of 11.7% during the forecast period. Key players in this market include Beneo (Germany), ADM (US), DuPont (US), Friesland Campina (Netherlands), Ingredion (US), Samyang Corp (South Korea), Beghin Meiji (France), Tate & Lyle PLC (UK), Yakult (Japan), Kerry PLC (Ireland), Fronterra Ltd. (New Zealand), Royal Cosun (Netherlands), Roquette Frères (France), Cosucra Groupe Warcoing SA (Belgium), Taiyo International Inc. (US), Alland & Robert (France), Nexira (France), Prenexus Health (US), Vitalus Nutrition Inc. (Canada), and Clasado Ltd. (UK). The prebiotic ingredients market is a consolidated one as some global companies own larger production facilities and supply the majority of the prebiotic ingredients to consumers across the globe. Multiple companies are patenting their technologies and launching new products in the market. These technologies are majorly focused on developing prebiotic ingredients from unconventional sources, such as non-GMO plants and fruits & vegetable wastes.
According to MarketsandMarkets, the Lecithin & phospholipids market size is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Cargill (US), ADM (US), DuPont (US), IMCD Group B.V. (US), Bunge Limited (US), STERN-WYWIOL GRUPPE (Germany), Wilmar International Ltd. (Singapore), Sonic Biochem (India), Avril Group (France), American Lecithin Company (US), and VAV Life Sciences Pvt. Ltd. (India).
The pea protein market is expected to grow from USD 1.7 Billion in 2022 to USD 2.9 Billion by 2027, at a compound annual growth rate (CAGR) of 11.9% during the forecast period.The key players Rouquette Freres (France), DuPont (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion (US), Puris (US), Emsland Group (Germany), Yantai Shuangta Foods Co., Ltd (China), The Scoular Company (US), Burcon (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Food and Ingredients (Canada), The Green Labs LLC. (US), and Axiom Foods, Inc. (US).
The global food and beverages industry pumps market is projected to reach USD 12.9 billion by 2027, recording a CAGR of 5.3% during the forecast period. The key players in this market include Alfa Laval (Sweden), Fristam Pumpen Kg (Gmbh & Co.) (Germany), SPX Flow (US), GEA Group (Germany)
The global acerola extract market is expected to grow from USD 16 Million in 2021 to USD 24 Million by 2026, at a compound annual growth rate (CAGR) of 7.6% during the forecast period. The leading players such as DSM (Netherlands), Kemin Industries, Inc. (US), Dohler GmbH (Germany), The Green Labs LLC (US), Diana Food S.A.S. (France), Naturex S.A. (France), NutriBotanica (Brazil), Handary SA (Belgium), Foodchem International Corporation (China), and Nichirei do Brasil Agrícola Ltda. (Brazil).
According to MarketsandMarkets, the global coconut oil market is projected to reach USD 7.4 billion by 2027, recording a CAGR of 5.5% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Cargill Incorporated (US), ADM (US), Bunge Limited (US), Mangga Dua (Indonesia), Greenville Agro Corporation (Philippines), Royce Food Corporation (Philippines), Novel Nutrients Pvt. Ltd. (India), Aromaax International (India), Adams Group (US), and Connoils LLC (US).
The global savory snack products market is expected to grow from USD 203.9 billion in 2022 to USD 263.0 billion by 2027, at a compound annual growth rate (CAGR) of 5.2% during the forecast period.The Key players PepsiCO (New York), Kellogg Co (US), General Mills Inc. (US), Calbee (Japan), ITC LIMITED (India), Mondelez International (US), Nestle SA (Switzerland), Grupo Bimbo (Mexico), Hain Celestial (US).
The potato starch market is expected to grow from USD 4.3 billion in 2022 to USD 5.2 billion by 2027, at a CAGR of 3.7% during the forecast period. The key players in this market includes Tate & Lyle (UK), Emsland (Germany), Ingredion Incorporated (US), and Avebe (Netherlands).
According to MarketsandMarkets, the global food processing and handling equipment market is projected to reach USD 175.1 billion by 2026, recording a compound annual growth rate (CAGR) of 6.0% during the forecast period. The prominent players in this market include GEA Group (Germany), ALFA LAVAL (Sweden), Bühler Holding AG (Switzerland), JBT Corporation (US), SPX Flow (US), Robert Bosch (Germany), IMA Group (Italy), Multivac (Germany), Krones Group (Germany), Tetra Laval International S.A. (Switzerland), Middleby Corporation (US), Dover Corporation (US), Ali Group S.r.l (Italy), Electrolux (Sweden), and Hoshizaki (Japan).
The food & beverage processing equipment market size is projected to reach USD 76.0 billion by 2026 at a CAGR of 5.5% during the forecast period. Key players in this market include Marel (Iceland), GEA Group (Germany), Bühler (Switzerland), JBT (US), The Middleby Corporation (US), Heat and Control, Inc. (US), Alfa Laval (Sweden), TNA Australia Pty Ltd. (Australia), Bucher Industries (Switzerland), Equipamientos Cárnicos, S.L (Spain), Clextral (France), SPX FLOW (US), Bigtem Makine (Turkey), FENCO Food Machinery (Italy), Krones Group (Germany), Finis Food Processing Equipment B.V. (Netherlands), Bettcher Industries, Inc. (US), Anko Food Machine Co. Ltd. (Taiwan), Heat and Control, Inc. (US), BAADER (Germany), and Dover Corporation (US).
The global collagen peptides market is expected to grow from USD 631 million in 2021 to USD 828 million by 2026, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The key players such as Tessenderlo Group (Belgium), GELITA AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), Nitta Gelatin (Japan), Gelnex (Brazil), Lapi Gelatine S.p.a. (Italy), Weishardt Group (France), Ewald-Gelatine (Germany), and Collagen Solutions plc (UK).
The global industrial enzymes market is projected to reach USD 9.1 billion by 2026, recording a CAGR of 6.7% during the forecast period. Key players in this market include DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHr. Hansen Holdings A/S (Denmark), and Kerry Group (Ireland).
The bakery processing equipment market is expected to grow from USD 11.6 billion in 2021 to USD 14.8 billion by 2026, at a CAGR of 5.1% during the forecast period. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the bakery processing equipment market. It includes the profiles of leading companies such as GEA Group AG (Germany), Bühler (Switzerland), JBT Corporation (US), Heat and Control (US), Rheon Automatic Machinery (Japan), Markel Food Group (US), Baker Perkins (UK), Anko Food Machine (Taiwan), Gemini Bakery Equipment (US), Allied Bakery Equipment (US), Global Bakery Solutions (UK), and Erica Record LLC (US).
The beverage brocessing equipment market is expected to grow from USD 20.4 billion in 2021 to USD 26.4 billion by 2026, at a CAGR of 5.3% during the forecast period. The prominent players in this market include Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), Krones Group (Germany), Bucher Industries (Switzerland), SPX Flow (US), JBT Corporation (US), KHS GmbH (Germany), and Pentair (US).
The medium-chain triglycerides market was expected to grow from USD 763 million in 2021 to USD 1034 million by 2026, at a CAGR of 6.3% during the forecast period. Key players in this market include BASF SE (Germany), Koninklijke DSM N.V. (the Netherlands), Dupont(US), Lonza Group Ltd(Switzerland), Musim Mas Holdings(Singapore), Croda International Plc(UK), P&G Chemicals (US), Acme-Hardesty Company(Bluebell, PA), Wilmar International Limited( Singapore), Stepan Company (US), Sternchemie GmbH & Co. KG(Germany), Emery Oleochemicals Group(US), KLK Oleo(Malaysia), Nutricia(New Zealand), Connoils (US), Now foods(US), Barleans (Washington), Jarrow formula’s(US), Nutiva(US), Henry Lamotte Oils GmbH (Germany).
The probiotics food & cosmetics market is expected to grow from USD 56.6 billion in 2021 to USD 84.5 billion by 2026, at a CAGR of 8.3% during the forecast period. Key players in this market include Probi AB (Sweden), Nestlé (Switzerland), ADM (US), Danone (France), DuPont (US), Yakult Honsha (Japan), Kerry (Ireland), BioGaia (Sweden), Esse Skincare (South Africa), and L’Oréal (France).
The global binders and scaffolders for meat & meat substitutes market is expected to grow from USD 4.2 billion, by 2026 to USD 593.0 million by 2032, at a compound annual growth rate (CAGR) of 15.7% during the forecast period.The key players ADM (US), DuPont (US), Kerry (Ireland), Danagreen Co., Ltd (South Korea), Marix Meats (US), and Memphis Meat (US).
The dairy testing market is expected to grow from USD 5.5 billion in 2021 to USD 8.1 billion by 2026, at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The leading players such as SGS SA (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (UK), TÜV SÜD (Germany), TÜV NORD GROUP (Germany), ALS Limited (Australia), Mérieux NutriSciences (US), Neogen Corporation (US), Romer Labs (Austria), Microbac Laboratories (US), AsureQuality (New Zealand).
The global meal replacement market size is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Abbott Laboratories (US), Glanbia (Ireland), Amway (US), Herbalife Nutrition (US), Nestle (Switzerland), Atkins (US), Huel (UK), Kellogg Co. (US), Skin Enterprises Inc. (US) and USANA Health Sciences Inc. (US).
The dairy ingredients market was expected to grow from USD 63.6 billion in 2021 to USD 89.9 billion by 2026, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The key such as FrieslandCampina (The Netherlands), Groupe Lactalis (France), Arla Foods (Denmark), Saputo (Canada), Fonterra Co-operative Group (New Zealand), Dairy Farmers of America (US), Kerry Group (Ireland), Ornua (Ireland), AMCO Proteins (US), Prolactal (Austria), Valio (Finland), Glanbia (Ireland), Hoogwegt Group (The Netherlands), Batory Foods (USA), Ingredia SA (France), Agropur (Canada), and Euroserum (France).
The global dairy processing equipment market size is projected to reach USD 12.8 billion by 2026, and is projected to grow at a CAGR of 6.0% during the forecast period. Many domestic and global players provide dairy processing equipment to improve animal health and performance. Major manufacturers have their presence in the European and Asian countries. The key companies in the dairy processing equipment market are GEA Group (Germany), SPX FLOW, Inc (US), Tetra Laval International S.A. (Switzerland), Alfa Laval Corporate AB (Sweden), John Bean Technologies Corporation (JBT) Corporation (US). Various strategies, such as expansions, mergers & acquisitions, and new product launches, were adopted by the key companies to remain competitive in the dairy processing equipment market.
The global grain alcohol market is expected to grow from USD 12.2 billion in 2021 to USD 14.9 billion by 2026, at a compound annual growth rate (CAGR) of 4.1% during the forecast period.The key players ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).
The cheese market size is expected to generate a revenue of US$ 105.9 billion in 2026 and was estimated to be valued at USD 88.7 billion in 2021, at a CAGR of 3.6% from 2021 to 2026. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, Glanbia (Ireland), Saputo (Canada), Arla Foods (UK), BEL Group (France), Fonterra (New Zealand), FrieslandCampina (Netherlands), Dalter Alimentari Spa (Italy), The Kraft Heinz Company (US), Amul (India), DMK Deutsches Milchkontor GmbH (Germany), and Meiji Holdings (Japan).
The food extrusion market is expected to grow from USD 73.1 billion in 2021 to USD 99.7 billion, by 2026, at a CAGR of 6.4% during the forecast period. The key service providers in this market include Bühler (Switzerland), Akron Tool & Die (US), Baker Perkins (UK), Coperion (Germany), GEA (Germany), KAHL Group (Germany), Triott Group (Netherlands), Flexicon (US), Groupe Legris Industries (Belgium), The Bonnot Company (US), American Extrusion International (US), Shandong Light M&E Co., Ltd (China), Snactek (India), Doering systems, inc. (US), PacMoore (US), Egan Food Technologies (US), Schaaf Technologie GmbH (Germany), Wenger Manufacturing, Inc. (US), Brabender GmbH & Co. KG (Germany), and Jinan Darin Machinery Co., Ltd., (China).
The algae products market is expected to grow from USD 4.7 billion in 2021 to USD 6.4 billion by 2026, at a CAGR of 6.3% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, DSM (Netherlands), BASF (Germany), DuPont (US), Cargill (US), E.I.D Parry (India), Corbion (Netherlands), and Cyanotech Corporation (US).
The food preservatives market is poised for rapid growth in the coming years, with experts forecasting a CAGR of 4.1%. By 2026, the market is expected to reach a staggering US$ 4.0 billion, up from its estimated value of US$ 3.3 billion in 2021. Key players in this market include BASF SE (Germany), Kerry Group Plc (Ireland), Koninklijke DSM N.V. (Netherlands), Cargill, Incorporated (US), Kemin Industries, Inc. (US), IFF Nutrition & Biosciences (US), ADM (US). Tate & Lyle (UK), Lallemand Inc. (Canada), ITA 3 S.r.l (Italy), Foodchem International Corporation (China), Galactic (Belgium), Corbion (Netherlands), Celanese Corporation (US), and Jungbunzlauer Suisse AG (Switzerland). These players have focused on acquisitions to gain a larger market share in the food preservatives market.
According to MarketsandMarkets, the meat substitute market is projected to reach USD 4,041.3 million by 2027, recording a CAGR of 13.5% during the forecast period. The key players in the market are ADM (US), Ingredion Incorporated (US), DuPont (US), Kerry Group (Ireland), and Roquette Frères (France).
The enteric disease testing market is expected to reach USD 2.4 billion by 2026, it is projected to grow at a CAGR of 6.0% during the forecasting period. Key players in this market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia), and TÜV SÜD (Germany). Key players in this market are focusing on increasing their presence through mergers & acquisitions and new product developments, specific to consumer tastes in these regions. These companies have a strong presence in Europe and North America. They also have manufacturing facilities along with strong distribution networks across these regions.
The global astaxanthin market size was valued to grow from USD 647 million in 2021 to hit USD 965 million by 2026, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. Some of the key players in the market such as Koninklijke DSM N.V. (the Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Otsuka Holdings Co. Ltd. (Japan), Divi’s Laboratories Ltd. (India), Valensa International (US), Fuji Chemical Industries Co. Ltd. (Japan), Beijing Gingko Group (China), Cardax, Inc. (Denmark), Piveg, Inc. (US). Other players in the market are Fenchem Biotek Ltd. (China), Algatech Ltd. (Israel), Supreme Biotechnologies (New Zealand), Igene Biotechnology Inc. (US), Algamo (Czech Republic), Biogenic Co., Ltd. (Japan), Astamaz NZ Ltd. (New Zealand), Algalif (Iceland), Algae to Omega (US), and Algae Health Sciences, Inc. (US).