The food emulsifiers market is projected to grow at a CAGR of 5.5 percent from 2017, according to market research by Report Buyer.
Accounting for 15.3 percent of the global sparkling water market at the moment, the Asia Pacific market is forecast to grow at a CAGR of 3.67 percent through 2020, reports Technavio.
With consumers becoming increasingly health-conscious, more are opting for plant-based dairy alternatives to reduce their dairy intake, as well as to benefit from the multiple advantages they offer. By Aslam Shaikh, research analyst, food and beverage domain, MarketsandMarkets
Kadence Singapore, a market research consultancy firm in the Asia Pacific region, has strengthened its management team in Singapore through the appointment of Phil Steggals as managing director and Patrick Young as insights director.
Global UHT milk market is predicted to grow with a compound annual growth rate of 14 percent, with Asia-Pacific witnessing the fastest growth at compound annual growth rate of 20.6 percent until 2020.
The food enzymes market is expected to reach US$2.7 billion by 2020, with a compounded annual growth rate of 8.1 percent for the forecast period of 2015-2020.
According to a new market report published by Transparency Market Research, global nutraceuticals market was valued at US$165.62 billion in 2014 and is expected to reach US$278.96 billion by 2021, growing at a compound annual growth rate of 7.3 percent from 2015 to 2021.
A recent study found that 60 percent of all consumers worldwide avoid preservatives as well as artificial colourants and sweeteners when choosing food and drinks products.
Global demand, and in particular Asian demand, for monosodium L-glutamate (MSG) is growing, in part due to significant economic and cultural shifts in several countries, according to new analysis from IHS.
Food additives are expected to cross US$50 billion by 2020, growing at a compound annual growth rate (CAGR) of 5.5 percent from 2015 and 2020, according to Research and Markets.