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Showing posts from October, 2024

Dairy Protein Market Demand is Expected to Reach $15.3 billion by 2027

 According to a new report published by Allied Market Research, titled, “ Dairy Protein Market by Type, by application and by form: Opportunity Analysis and Industry Forecast, 2021–2027 ,” The global dairy protein market size was $9.9 billion in 2019, and is anticipated to reach $15.3 billion by 2027, with a CAGR of 4.6% during the forecast period. The dairy protein market is expected to exhibit an incremental revenue opportunity of $5.4 billion from 2019 to 2027. Dairy protein such as whey protein, casein & derivatives and milk protein concentrates are widely consumed across industries such as food & beverages, nutrition, feed, personal care, cosmetics, and textiles. Their multipurpose nature and functionalities such as thickening, binding, gelling, and texturizing have led to their wide adoption in these application industries. The dairy protein market growth is propelled by the growing demand for nutritional food in the market. Due to rise in awareness about health and n...

Shrimp Market Size Expected to Reach $54.6 Billion by 2027

  According to a new report published by Allied Market Research, titled,   Shrimp Market  By Type, Source, Form, End Use, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027, ” the shrimp market size is expected to reach $54.6 billion by 2027 at a CAGR of 9.2% from 2021 to 2027. Shrimps are decapod crustaceans that are abundantly available at extremely low prices and look similar to prawns. Many shrimps have edible muscular tails, and they are widely caught and farmed for human consumption. Shrimp are not only delicious but they are also high in iron, calcium, sodium, phosphorus, zinc, magnesium, and potassium, as well as vitamins A, E, and B6. The market is segmented on the basis of type, source, form, end use, distribution channel, and region. On the basis of type, the market is categorized into pink, brown, white, and others. Depending on the source, it is segregated into cold water and hot water. By form, it is bifurcated into frozen and ca...

Cat Food Market Share Expected to Reach $ 41,924.6 million by 2030

 According to a new report published by Allied Market Research, titled, “ Cat Food Market by Nature, Food Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global cat food market size was valued at $27,789.5 million in 2020, and is projected to reach $41,924.6 million by 2030, registering a CAGR of 4.4% from 2021 to 2030. The cat food market is experiencing growth due to increased pet ownership globally. This is attributed to the rise in consumers’ disposable income. The major factors propelling the growth of the global cat food market are rapid humanization of pets, rise in trend of nuclear families, and increase in awareness about pet health. On the other hand, the rise in pet obesity is expected to hamper the growth of the cat food market growth during the forecast period. According to cat food market analysis, the market is classified on the basis of nature, food type, sales channel, and region. By nature, the market is segmented into ...

Plant-based Meat Market Share Projected to Reach $33.3 Billion by 2031

 According to a new report published by Allied Market Research, titled, “ Plant-based Meat Market ,” The plant-based meat market was valued at $5.3 billion in 2021, and is estimated to reach $33.3 billion by 2031, growing at a CAGR of 20.5% from 2022 to 2031. The plant based meat products are becoming extremely popular as they are viable alternative to the animal based meat products. The plant based meat reduces the dependence on animal based meat products and provides numerous health benefits. For instance, consumption of plant based meat products lowers the risk of heart disease, diabetes, and obesity. This is because the products namely tofu, tempeh, and others are rich in essential nutrients like proteins, iron, zinc, fiber, vitamin B12, and others. Also, the plant based meat products can imitate the flavor, texture, color, and sensory properties as that of animal based meat products. The popular plant based meat such as nuts, beans, legumes, grains, vegetables, seeds are healt...

Shea butter Market Share to reach $2,408.70 million by 2030

Shea butter is extracted from the nuts of the shea tree. It is off-white or ivory color. Shea trees are native to West Africa, and most shea butter still comes from that region. Nigeria, Mali, Burkina Faso, Ghana, Côte d’Ivoire, Benin and Togo are top shea nut producing countries. Shea butter has gained significant share in the cosmetic industry and is expected to sustain its share throughout the forecast period. This is majorly attributed to enormous benefits offered to skin such as it is safe for all types of skin, moisturizing effects, anti-inflammatory and it promotes strong antioxidant activity. Read More: https://www.alliedmarketresearch.com/press-release/shea-butter-market.html   The market for shea butter is likely to grow at a significant rate, owing to their increasing consumption of plant-based food products through cheese and meat. US is the largest shea butter market in North America due to increase in demand from millennial and surge in marketing activities. In addit...