The global market for Food Traceability was valued at US$ 19870 million in the year 2024 and is projected to reach a revised size of US$ 40590 million by 2031, growing at a CAGR of 10.9% during the forecast period.
Food traceability is tracing any food, feed, food-producing animal or substance that will be used for consumption, through all stages of production, processing and distribution to ident...
The global market for Spices was valued at US$ 7908 million in the year 2024 and is projected to reach a revised size of US$ 8823 million by 2031, growing at a CAGR of 1.6% during the forecast period.
A spice is a dried seed, fruit, root, bark, or vegetable substance primarily used for flavoring, coloring or preserving food. Because they tend to have strong flavors and are used in small quantities...
The global market for Food Antioxidant was valued at US$ 909 million in the year 2024 and is projected to reach a revised size of US$ 854 million by 2031, growing at a CAGR of -0.9% during the forecast period.
Food antioxidant is a kind of food additives, used to prevent or delay the oxidation, improve the stability and prolong the shelf life of food. The common food antioxidants include synthetic...
The global market for Frozen Fruit was valued at US$ 4867 million in the year 2024 and is projected to reach a revised size of US$ 5248 million by 2031, growing at a CAGR of 1.1% during the forecast period.
Frozen fruits can retain their quality over long storage periods.
Freezing is a method of long-term preservation for fruits. The main advantage of preservation by freezing is the extended avai...
The global market for Soft Drinks was valued at US$ 138400 million in the year 2024 and is projected to reach a revised size of US$ 183850 million by 2031, growing at a CAGR of 4.2% during the forecast period.
Soft drink, any of a class of nonalcoholic beverages, usually but not necessarily carbonated, normally containing a natural or artificial sweetening agent, edible acids, natural or artificia...
The global market for Active Dry Yeast was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Active dry yeast is a yeast product which is dehydrated and dried by squeezing from the fresh yeast. The dry yeast products are mainly used in baker, brewer, wine, feed, pharmaceuticals industry etc.
In...
The global market for Chicory was valued at US$ 711 million in the year 2024 and is projected to reach a revised size of US$ 1050 million by 2031, growing at a CAGR of 5.8% during the forecast period.
Chicory (Chicorium intybus) is a somewhat woody, perennial herbaceous plant of the dandelion family usually with bright blue flowers, rarely white or pink. It can be found throughout all parts of Afr...
The global market for Bean Sprouts was valued at US$ 4469 million in the year 2024 and is projected to reach a revised size of US$ 5591 million by 2031, growing at a CAGR of 3.3% during the forecast period.
Bean sprouts are a common ingredient, especially in Asian cuisine, made from sprouting beans, which are obtained from the germination of beans. Mung bean sprouts and soybean sprouts are particu...
The global market for Food Leavening Agent was valued at US$ 5372 million in the year 2024 and is projected to reach a revised size of US$ 6949 million by 2031, growing at a CAGR of 3.8% during the forecast period.
Food leavening agent is a substance used in dough’s and batters that causes a foaming action that lightens and softens. Such agents include yeast, baking powder, and baking soda, etc.
U...
The global market for Yogurt was valued at US$ 75360 million in the year 2024 and is projected to reach a revised size of US$ 96190 million by 2031, growing at a CAGR of 3.6% during the forecast period.
Yogurt is a dairy product which produced by milk via fermentation process. Cow"s milk is most commonly used to make yogurt even the world as a whole. At the same time some yogurt is made by the mil...
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