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Showing posts from June, 2023

Global Organic Spices Market Value Projected to Expand by 2025

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According to a new report published by Allied Market Research titled, " Organic Spices Market  by Product Type, Form, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019 - 2026 ," the global organic spices market size was valued at $272.8 million in 2018, and is projected to reach $406.6 million by 2026, growing at a CAGR of 5.1% from 2019 to 2026. In 2018, North America accounted for nearly 30.64% share of the organic spices market.  According to the USDA, the organic food segment is the fastest growing segment in the food & beverages industry in terms of value sales. North America is the dominant region in the global organic food & beverages market, owing to rise in number of health-conscious consumers seeking healthy and clean label food products in their day-to-day life. Apart from North America, other key countries around the globe have witnessed a gradual shift in preference for healthy food products, which includes organic food.

Crop Micronutrients Market Expected to Reach $11,532.36 Million by 2025

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Crop Micronutrients Market Expected to Reach $11,532.36 Million by 2025 According to a new report published by Allied Market Research, titled,  Crop Micronutrients Market  by Form, Product Type, Crop Type, and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025  the global crop micronutrients market was valued at $6,077.05 million in 2017, and is projected to reach $11,532.36 million by 2025, registering a CAGR of 8.3% from 2018 to 2025. In 2017, the soil application segment accounted for more than 50% share of the global crop micronutrients market in terms of value. Crop micronutrients are the essential nutrients that are required for the growth and balanced nutrition of plants and crops. Micronutrients help in improving the quality as well as the yield of the crops. These are the basic nutrients required in minor amounts to treat deficiency in plants and increase crop yield. Chlorosis, yellowing of leaves, gummosis, and rot are a few illnesses that are found

Frozen Bakery Products Market to Witness Astonishing Growth by 2025

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According to a new report published by Allied Market Research titled, " Frozen Bakery Products Market  by Product Type, Source, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," the global frozen bakery products market size was valued at $33,870 million in 2017, and is projected to reach $49,118 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025. In 2017, the North America sector accounted for nearly 31.34% of the frozen bakery products market share. The global frozen bakery products market is segmented into product type, source, end use, distribution channel, and region. Based on product type, the market is divided into breads, pizza crust, cakes and pastries, waffles, donuts, and cookies. The bread segment accounts for the highest market share attributable to increase in consumption of frozen breads in UK, Germany, and France. Some of the key players in the market focus on introducing innovative bakery products t

Feed Phosphate Market Expected to Reach $3.3 Billion by 2031

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According to a new report published by Allied Market Research, titled, “ Feed Phosphate Market ," The feed phosphate market was valued at $2.2 billion in 2021 and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4% from 2022 to 2031. The market for feed phosphate is mostly driven by an increase in meat processing industrialization. Meat processing has been an industrialized sector, which benefits consumers financially. Industrialization of meat processing is expected to continue to be the most sought-after benefit for years to come as beef and other meat products now cost less than half what they did a century ago.  Furthermore, the high threat of diseases in livestock is expected to fuel the feed phosphate market. Diseases such as avian flu, BSE (bovine spongiform encephalopathy), and SARS (severe acute respiratory syndrome) pose a substantial risk to human health in addition to having an impact on animal breeding and the economy. Swine farmers suffered huge los

Frozen Food Market Expected to Reach $607.2 Billion by 2032

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According to a new report published by Allied Market Research, titled, “ Frozen Food Market ," The frozen food market size was valued at $397.3 billion in 2022, and is estimated to reach $607.2 billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032. Frozen food is defined as food that has been packaged and frozen for consumption by humans or other animals. The freeze-concentrated solids of frozen food contain crystalline ice. How much ice is present depends on both the temperature and capacity of the solute to lower the melting temperature of ice. The amount of ice in frozen food   affects mechanical characteristics by change in the glass transition temperature of partially freeze-concentrated solute matrices and by possible links within the ice network. In every nation, strict government regulations have been put in place regarding the environment and storage conditions of frozen food. These must be properly adhered to when it comes to storage to stop any type of food-b

Industrial Hemp Market Expected to Reach $18.6 Billion by 2027

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According to a new report published by Allied Market Research, titled, “ Industrial Hemp Market by Type, Application, and Source: Opportunity Analysis and Industry Forecast, 2021–2027,” The global industrial hemp market size was valued at $4.9 billion in 2019, and is projected to reach $18.6 billion by 2027, registering a CAGR of 22.4% from 2021 to 2027. Hemp seeds or industrial hemp is obtained from “Cannabis sativa” which contains only traces of tetrahydrocannabinol (THC). Hemp seeds are especially grown for commercial use and it is used in wide range of products. Hemp seeds are rich in two essential fatty acids, linolenic (omega-3) and linoleic (omega-6). They are also rich source of vitamin B1, vitamin B2, vitamin B6, vitamin D, vitamin E, magnesium, calcium and potassium among others. Moreover, very rare plant-based foods are a complete source of protein, hemp seeds on the other hand possess descent amount of protein that can be considered as a value addition to a vegan diet. S