Articles Tagged with ''MarketsandMarkets''

Study: Dairy alternatives market worth $29.6B by 2023

The market for almond-based products witnesses a significant demand in the dairy alternatives market.
January 16, 2019
The dairy alternatives market is projected to grow from $17.3 billion in 2018 to $29.6 billion by 2023, at a CAGR of 11.4% during the forecast period, according to a study produced by MarketsandMarkets, New York.
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Food safety testing

Study: Food safety testing market worth $24.6B by 2023

The major factor driving the food safety testing market is the increase in global outbreaks of foodborne illnesses.
January 15, 2019
The food safety testing market is projected to grow from $17 billion in 2018 to $24.6 billion by 2023, at a CAGR of 7.7% during the forecast period, according to a new market research report from MarketsandMarkets.
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default supply chain with trucks

How blockchain technology provides effective supply chain experience

The growing number of food fraud cases is a driving factor in growth of blockchain technology.
January 4, 2019
The overall blockchain in agriculture and food supply chain market is projected to grow exponentially stronger at a CAGR of 47.8% to reach $429.7 million by 2023 from an estimated value of $60.8 million in 2018, according to research conducted by MarketsandMarkets, Northbrook, Ill.
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Demand for ready-to-eat processed foods leads to growth in food processing equipment

With the growing preference for healthy food and functional foods, manufacturers are expected to adopt new equipment to fulfill the demand for healthy functional foods and beverages.
January 4, 2019
Advancements in the food processing industry, innovation in processing technology and continuous growth in the demand for processed food are expected to support growth of food and beverage processing equipment, according to research revealed by MarketsandMarkets, Northbrook, Ill.
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Study: Growing demand for perishable foods drives growth in IQF market

The market growth is also driven by the growing consumer demand for perishable food products, convenience foods and high consumption of non-seasonal fruits and vegetables.
November 26, 2018
The global individual quick-freezing (IQF) market was valued at $14.77 billion in 2016, and is projected to reach $20.82 billion by 2022, at a CAGR of 5.9% during the forecast period, according to a report published by MarketsandMarkets, New York.
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Report: Increased trading of perishables attributed to growth of refrigerated transport market

The integration of multi-temperature systems is further expected to create growth opportunities for refrigerated transport service providers and frozen and chilled food product manufacturers.
October 29, 2018
The growth of the refrigerated transport market is attributed to the increased trading of perishable commodities at a global level, according to a report released by MarketsandMarkets, New York.
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Report: Plant-based beverage market worth $19.67B by 2023

The almond segment is projected to dominate the plant-based beverages market, in terms of value, through 2023.
October 19, 2018
The plant-based beverage market is estimated at $11.16 billion in 2018 and is projected to reach $19.67 billion by 2023, growing at a CAGR of 12% from 2018-2023, according to "Plant-based Beverages Market by Source (Almond, Soy, Coconut, and Rice), Type (Milk and Other Drinks), Function (Cardiovascular health, Cancer prevention, Lactose intolerance, and Bone health) and Region - Global Forecast to 2023,” a report published by MarketsandMarkets, New York.
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Study reveals growth of gluten-free market

The bakery products segment is estimated to dominate the gluten-free products market, mainly due to increasing preference for the bakery products.
September 13, 2018
The gluten-free market is estimated to be valued at $4.48 billion in 2018, and is projected to reach $6.47 billion by 2023, at a CAGR of 7.6%, according to a report published by MarketsandMarkets, New York.
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Food safety testing

Study: Food safety testing market worth $18.54B by 2022

In 2017, the North American market is estimated to account for a significant share in the global food safety testing market.
July 17, 2018
The food safety testing market was valued at $12.01 billion in 2016, and is projected to grow at a CAGR of 7.60% from 2017, to reach $18.54 billion by 2022, according to a study produced by MarketsandMarkets, New York.
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