The global industrial margarine market is anticipated to reach USD 2,945.5 million by 2023 at a CAGR of 3.0%. This is primarily attributed to the increasing consumption of margarine, growing bakery and confectionery industry, and its low price. Margarines are foodstuffs that are used mainly for spreading, baking, and cooking processes. Margarines are rich sources […]Read More..
Global food processing equipment market will grow at a CAGR of 6.1% during the forecast period to reach USD 74,019.6 million by 2022 from 55,158.1 million in 2017, Says “Meticulous Research” Food processing is considered as one of the fastest growing industries globally. The contribution of the food processing sector to Gross Value Added (GVA), […]Read More..
According to the latest publication from Meticulous Research, global soy protein market is expected to grow at a CAGR of 6.6% during the forecast period to reach USD 5,888.4 million by 2022. The market for high protein products is dynamic and growing. Consumer interest in health and fitness is driving much of this growth, and […]Read More..
Confectionery industry is benefiting from the overall demand for indulgence products. The growth in confectionery industry is attributed to economic factors, sociological trends, increasing health consciousness, and a fast-evolving indulgence seeking attitude of the consumers. Also, the consumption of confectionery products is undoubtedly stimulated by promotional campaigns by the largest manufacturers. Here are the top […]Read More..
The adoption of automated systems in the food and beverage industry has been a few decades old. The food industry traditionally lacks behind in the adoption of new technologies and plant automated systems, mainly due to the high cost of automated systems and lack of skilled workforce. However, the rapid advancement in the computer technology […]Read More..