Food & Agriculture Trends

 The  Savory Snack Products Market  size is estimated to be valued at USD 203.9 billion in 2022 and is projected to reach USD 263.0 billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. The market is driven by shifting consumer preferences to the convenience food or on-the-go food owing to their increasing hectic lifestyle. Furthermore, these savory snack products have emerged as a meal alternative for many working-class populations and college grads. Savory snack products help to quench their hunger without taking any extra breaks during their work and also helps them to restrict themselves for overeating during the mealtime. Therefore, the demand for savory snacks has increased significantly across the globe. Download PDF Brochure During the forecast period, the Asia Pacific region is expected to exhibit the highest compound annual growth rate (CAGR) in the savory snack products market. The growth of economies like China, India, Ja...

The  textile yarn market  is projected to reach USD 18.5 billion by 2028, growing at a CAGR of 5.1% from 2023 to 2028. The expanding middle class in emerging economies is a key factor driving the demand for textile yarn. As more individuals enter the middle-income bracket, there is an increased demand for affordable and fashionable clothing, leading to higher consumption of textile yarns. Download PDF Brochure To cater to the growing demand, the textile industry has witnessed significant advancements and shifts. One of the key drivers behind the market's recent growth is the increasing emphasis on sustainability and eco-friendliness. Consumers' preferences have shifted towards textiles produced using sustainable practices, leading to a higher demand for textile yarns manufactured through such methods. Population growth and changing fashion trends also contribute to the growth of the textile yarn market. As the global population continues to increase, there is a larger consumer...

The meat substitutes market  is poised for significant growth during the forecast period. In 2021, the market reached a value of USD 1,889.1 million, and it is projected to reach USD 4,041.3 million by 2027, with a compound annual growth rate (CAGR) of 13.5%. The increasing consumer concerns about health, rising obesity rates, and the growing popularity of plant-based meat products are driving the demand for meat substitutes. Download PDF Brochure One notable trend in the market is the high availability of wheat as a raw material, which is encouraging manufacturers to incorporate it into the production of meat substitutes. Wheat is one of the most widely consumed cereal grains globally. Its protein content is low in fat, making it a preferred choice for manufacturers of low-fat, high-protein foods in response to the increasing demand for low-fat diets. Wheat protein also serves as a binder in various meat substitutes such as meatballs, meatloaf, and veggie burgers. The plant-based ...

The Top Trends in the Agricultural Biologicals Market   is expected to experience a compound annual growth rate (CAGR) of 13.7% during the forecast period, reaching a value of USD 27.9 billion by 2028 from an estimated value of USD 14.7 billion in 2023. Download PDF Brochure The market growth is primarily driven by the increasing awareness of organic food products, growing concerns about environmental safety, and favorable regulatory frameworks. Agricultural biological products have become essential components of integrated pest management (IPM) practices, particularly in developed markets where they are used in conjunction with new synthetic crop chemistries. To strengthen their market presence, key players are focusing on strategic developments such as expansions, new product launches, and agreements. One of the main drivers behind the growth of the agricultural biologicals market is the growing consumer preference for organic products. Consumers are becoming more aware...

The global Health Ingredients market is estimated at USD 100.5 billion in 2022; it is projected to grow at a CAGR of 7.8% to reach USD 146.3 billion by 2027. The food and beverage industry has embraced the use of healthy ingredients on a large scale, driving the market's growth. Download PDF Brochure The global prevalence of chronic diseases is on the rise, posing significant challenges to public health. Factors such as an aging population, changes in lifestyle behaviors, and the expanding middle class contribute to the increasing instances of long-term health conditions. Urbanization and sedentary lifestyles lead to higher obesity rates and the development of diseases like diabetes. Developing countries, with their growing populations, are particularly susceptible to this trend, making it a pressing concern for emerging markets. The development and commercialization of health ingredients come with intricate challenges related to cost and uncertainty. Various factors, including te...