The global licorice root market is anticipated to reach a valuation of US$ 980.0 million in 2024, driven by expansion of nutraceutical industry. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2024 and 2034, and reaching a total valuation of approximately US$ 2,002.1 million by 2034. Ongoing...

The global food premix market value in 2019 was US$ 38.5 billion and it increased to US$ 45.76 billion in 2023. The global market for food premix witnessed a year-on-year growth rate of 5.1% per year between 2019 and 2023. As per the new market estimates report, the global demand for food premixes is likely to rise at a rate of 7.4% over the...

According to Future Market Insights, the global liquid smoke market size is forecast to increase from US$ 93 million in 2023 to US$ 245 million by 2033. Overall liquid smoke sales are forecast to surge at 11.7% CAGR between 2023 and 2033. Rising demand for processed food products and increasing usage of liquid smoke for preparing a wide range of food...

According to Future Market Insights (FMI), The Global Fortified Dairy Products Market size was estimated at USD 109,485 million in 2021 and expected to reach USD 223,441 million in 2032, at a CAGR of 6.7%. Nations across the world are recognizing the need of fortifying dairy products and are accepting the idea, which is anticipated to boost sales. However,...

The global feed enzymes market size is estimated to grow to US$ 1.2 billion in 2023 and is projected to reach US$ 1.8 billion by 2033. The market is expected to record a CAGR of 4.4% during the forecast period. In the Face of Antibiotics Ban, Feed Enzymes Emerge as Lucrative Alternative Several developed markets have banned the use of antibiotics for livestock. As a result, feed...

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Banana Flakes are estimated to reach a value of USD 810 million by 2032, surging at 4.6% CAGR through the decade. The growing demand for organic goods in both developed and developing countries has a big influence on the global banana flakes market. As people...

The global lactose free dairy product market value is expected to rise from US$ 13,874.30 million in 2024 to US$ 23,983.50 million by 2034. This market is analyzed to expand at a CAGR of 5.60% over the next decade. Global demand for lactose free dairy products is picking up as consumers seek alternatives that better align with their nutritional...

The global feed enzymes market size is estimated to grow to US$ 1.2 billion in 2023 and is projected to reach US$ 1.8 billion by 2033. The market is expected to record a CAGR of 4.4% during the forecast period. In the Face of Antibiotics Ban, Feed Enzymes Emerge as Lucrative Alternative Several developed markets have banned the use of antibiotics for livestock. As a result, feed...

The global spirulina powder market size is projected to rise from US$ 461 million in 2024 to US$ 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR. Spirulina powder is extracted from spirulina, a blue-green algae that is found to be grown on freshwater bodies, making it one of the most preferred choices for vegetarian fitness enthusiasts all over...

The global spirulina powder market size is projected to rise from US$ 461 million in 2024 to US$ 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR. Spirulina powder is extracted from spirulina, a blue-green algae that is found to be grown on freshwater bodies, making it one of the most preferred choices for vegetarian fitness enthusiasts all over...