Global Specialty Yeast Market will grow at a CAGR of 7.0% during the forecast period to reach $4.8 billion by 2025 from $3.2 billion in 2019, Says “Meticulous Research®”. Specialty yeast plays variety of functions in the final product, starting from soups to condiments, processed meat to seasonings, and animal feeds. The specialty yeast provides […]Read More..
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..
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..
The factors such as product innovation and healthier products & ingredients are fueling the market growth in these regions. Emerging markets such as Latin America, Middle/East Africa, and Asia also represents a great market potential as western lifestyles and eating habits continue to be adopted in these regions. As a result, the global bakery processing […]Read More..