Food & Agriculture Trends

  The   Drip Irrigation Market  i s estimated to be valued at USD 9.3 billion by 2025, from USD 5.5 billion in 2020, at a CAGR of 10.8% during the forecast period. The market is driven by factors such as enhanced crop yields, optimum utilization of resources, reduced agricultural input costs and improved efficiency in agricultural production. Download PDF Brochure Based on crop type, the field crops segment is projected to be the most significant contributor in the drip irrigation market during the forecast period The demand for field crops is likely to record a higher market share between 2020 and 2025. Drip irrigation has been gaining significance among field crop growers for its precise application to the crops, and thus, is offering increased benefits such as reduced costs, higher profit margins, and lesser water and fertilizer requirements. Drip irrigation proved to be profitable for growing vegetables, orchard crops, and turf & lawns; however, in the last decade...

The   Prebiotic Ingredients Market   is estimated at USD 6.3 billion in 2022; it is projected to grow at a CAGR of 11.7% to reach USD 10.9 billion by 2027.The rise in the global population, wide use of prebiotics as nutraceutical ingredients, and increased awareness for prebiotics are key factors that are projected to drive the growth of the prebiotic ingredients market during the forecast period. Download PDF Brochure The inulin subsegment in the By type segment is estimated to account for the largest market share in the prebiotic ingredients market. The inulin subsegment is estimated to dominate the prebiotic ingredients market. Inulin can be found naturally in chicory root, artichokes, asparagus, banana, garlic, wheat, and onions. The fiber in inulin is soluble, which means it dissolves in water. It dissolves in the stomach and then forms a gelatinous substance that’s slows digestion, increases fullness and reduces cholesterol. About 5 g–10 g per day of inulin is recommende...

The  Meat Substitutes Market   size is estimated to be valued at USD 1.9 billion in 2021. It is projected to reach USD 4.0 billion by 2027, recording a CAGR of 13.5%, in terms of value. The growing awareness among consumers regarding environmental issues caused by meat consumption is driving the demand for meat substitutes. Download PDF Brochure Key players in this market include DuPont (US), ADM (US), Kerry Group (Ireland), Ingredion Incorporated (US), Roquette Frères (France), PURIS (US), Cargill (US), Axiom Foods (US), MGP Ingredients (US), The Top Health Ingredients (Canada), Sonic Biochem Ltd (India), Crespel & Deiters (Germany), Wilmar International Limited (Singapore), Sotexpro S.A (France), The Nisshin OilliO Group, Ltd (Japan), and A&B Ingredients (Canada). The key players are fixated upon improving their market shares, while their newer start-ups are being established rapidly in the market. The meat substitutes market can be classified as a competitive market...

The global  baking ingredients market  was estimated at USD 16.6 billion in 2021 and is projected to reach USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. Asia pacific is projected to be the fastest-growing market for baking ingredients market, recording a CAGR of 7.2% from 2021 to 2026. Factors such as changes in eating habits of consumers, increasing urbanization, and rising consumption patterns of baked products have driven growth in the market in this region. In emerging economies such as India, China, and Indonesia, the penetration of packaged and convenience food is the key driver for the baking industry. Download PDF Brochure The fiber segment by type is projected to achieve the fastest growth in the baking ingredients market.   The fiber is the fastest-growing segment type during the forecast period. Increased health awareness has triggered the interest in products with functional ingredients, such as dietary fiber. Fiber can add additional health b...

The   Beverage Flavoring Systems Market  is estimated to be valued at USD 3.8 billion in 2018 and is projected to reach USD 5.2 billion by 2023, growing at a CAGR of 6.1% during the forecast period. The growing demand for a variety of innovative flavors in soft drinks, the launch of advanced technologies in flavor processing, increasing consumer inclination toward clean-label and organic products, and favorable regulatory environment for fortified products are some of the driving factors of this market. Download PDF Brochure Based on beverage type, the beverage flavoring systems market is segmented into alcoholic and non-alcoholic beverages. The non-alcoholic segment is estimated to account for the largest share in 2018 due to the growing consumption of carbonated soft drinks, juices, and functional drinks. Fortification is observed as a key trend in the beverages market, providing opportunities to the manufacturers to launch flavor systems with novel products. The Asia Pacifi...