Food & Agriculture Trends

The  de-oiled lecithin market  is estimated to be worth USD 220 million in 2023 and is expected to reach USD 321 million by 2028, growing at a CAGR of 7.8% from 2023 to 2028. Rising consumer awareness of the health benefits of clean-label products and beverages will also contribute to market growth. The increasing use of de-oiled lecithin in a variety of industries, including packaged foods, pharmaceuticals, baked goods, dairy, meat, convenience food, frozen desserts, margarine, and cosmetics, will also drive market growth. Make an Inquiry The largest market share in the de-oiled lecithin market is estimated to be held by the soybean segment. Soybean is a type of legume that originated in East Asia, and China is the leading producer of soybean oil, with a production volume of approximately 15.68 million metric tons in 2021/2022, according to the USDA. Soy lecithin is commonly used in food as an emulsifier and lubricant, and it also has antioxidant properties that help preserve...

The global  baking ingredients market   is experiencing significant growth, driven by various factors such as the increased demand for baking ingredients during the Covid-19 pandemic, rising consumption of bakery products and confectionery, stringent regulations, and the growing trend of veganism and vegetarianism. This article explores the key drivers, restraints, opportunities, and challenges in the baking ingredients market. Additionally, we will discuss the market's regional landscape and key players in the industry. Download PDF Brochure The Rising Demand for Baking Ingredients Amid the Covid-19 lockdown, consumers found solace in baking, leading to a surge in demand for baking ingredients. Baking soda, baking powder, cocoa powder, and other condiments witnessed a significant increase in sales. Manufacturing companies and retailers like Cargill (US) and Kerry Group Plc (Ireland) reported a boost in the sale of these products compared to the same period last year. Furtherm...

The  precision swine farming market  is projected to reach USD 711 million by 2028 from USD 418 million by 2023, at a CAGR of 11.2% during the forecast period in terms of value. Download PDF Brochure The precision swine farming market is growing rapidly due to the increasing emphasis on real-time monitoring and early disease detection. This technology allows farmers to collect real-time data on pig health and welfare and optimize production efficiency. However, the high upfront cost and uncertain return on investment are major restraints for farmers considering adopting precision farming practices. The increasing production and consumption of pig meat present a significant opportunity for the precision swine farming industry as precision farming techniques can help farmers optimize pig growth and reduce costs. However, environmental concerns regarding swine production, such as greenhouse gas emissions, depletion of natural resources, and pollution, pose a significant challeng...

The industrial sugar market is rapidly expanding, with beet sugar being a major crop used in food processing and in the production of ethanol and biogas. The market is expected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value. The growth of the industrial sugar market is attributed to the increasing demand for processed and convenience food and beverages worldwide. This article will explore the drivers, restraints, opportunities, and challenges in the global industrial sugar market, along with key players in the market. Download PDF Brochure The report indicates that white sugar is projected to grow at the fastest rate during the forecast period. The consumption of white sugar has been steadily increasing over the years due to its widespread use in baked goods, beverages, and confectioneries. The majority of global sugar production is forecast to be white sugar in 2021/2022, according to the United...