Food & Beverages
Over the past few years, the global food and beverage business has seen substantial expansion. The industry's significant advancements and inventions, which have further strengthened and increased consumption and spending, are mostly to blame for this. Consumer preferences and needs have changed significantly, which is further demonstrated by a push for premiumization and customisation. To open up new market potential, producers of a variety of food and beverage goods are now considering developing distinct products that take consumer preferences into account.
In addition, there has been a noticeable change in how people consume food, moving away from unprocessed foods and toward processed and ultra-processed meals. In wealthy countries, hectic lives have caused a decline in cooking and an increase in snacking. Nowadays, consumers are more likely to purchase processed goods like bread, cereal, frozen dinners, and processed meat and fish. This has led to an increase in the demand for different kinds of convenience foods, which is likely to fuel the food and beverage industry's consumption of food processing materials.
The global bovine serum albumin market is expected to grow from USD 5.58 billion in 2021 to USD 22.0 billion by 2030
The global Bovine Mastitis Market is expected to grow from USD 1.50 billion in 2021 to USD 2.42 billion by 2030
The global wagyu beef market is expected to grow from USD 2.21 billion in 2021 to USD 3.73 billion by 2030, at a CAGR of 6% during the forecast period 2021-2030.
The Global Alcohol Ingredients Market was valued at USD 1.50 Billion in 2020. The market is projected to grow USD 15.11 Billion in 2029, at a CAGR of 7.2%.
The Global Food Safety Testing Equipment and Consumables Market Size is projected to grow from USD 16.1 billion in 2022 to USD 25.2 billion by 2030 at a CAGR of 7.6% during the forecast period.
The Global Vitamin D Market is expected to grow from USD 1.23 Billion in 2021 to USD 2.40 Billion by 2030, at a CAGR of 7.6% during the forecast 2030.
The Global Cocoa and Chocolate Market is expected To Grow from USD 47.1 Billion in 2021 to USD 68.2 Billion by 2030, at a CAGR of 4.37% during the forecast period 2022-2030.
Global plant-based protein market is expected to grow from USD 13.26 Bn in 2021 to USD 21.13 Bn by 2030, at a CAGR of 6.4% during the forecast 2030.
The Global Plant-Based Meat Market is expected To Grow from USD 5.23 Billion in 2021 to USD 20.13 Billion by 2030, at a CAGR of 18.41% during the forecast period 2022-2030.
In the forecast period of 2021 to 2030, the milk powder market is anticipated to grow at a growth rate of 7.33%. Urban population growth will be a major element in the expansion of the milk powder market.
The Global Nutricosmetics Market Size is expected to earn USD 15816.1 million during the forecast year 2030, at a CAGR of 8.9%, from the early figures of USD 7343 million in 2021.
The Energy Drinks Market Was Valued At USD 60.7 Billion In 2021. The Market Is Projected To Grow USD 91.6 Billion In 2030, At A CAGR Of 7.3%.
The Global Gluten Free Product Market Size Was USD 4.3 Billion In 2021 And Is Projected To Reach USD 6.2 Billion By 2030, Exhibiting A CAGR Of 7.7%
The Global Functional Food Market Size Was Valued At USD 189.5 Bn In 2021. The Market Is Projected To Grow USD 285.3 Bn In 2030, At A CAGR Of 4.52%.