The global non-alcoholic beverage market is projected to reach $3,805.4 billion by 2034 from $1,698.0 billion in 2023, growing at a CAGR of 7.75% during the forecast period 2024-2034.
The Europe mycelium market was valued at USD 698.8 Million in 2022 and is projected to exceed USD 1,142.0 Million by the end of 2028.
The global mycelium market was valued at $2.85 billion in 2022 and is expected to reach $4.76 billion by 2028, growing at a CAGR of 9.39% between 2023 and 2028.
Microbes such as bacteria, molds, and yeasts are utilized for the food, feed, food ingredients, and production of wine, beer, bakery, and dairy products. Microbes produced using solar energy and biomass are known as solar-powered microbes.
The global mycelium market accounted for $2.48 billion in 2020 and is anticipated to grow with a CAGR of 7.7% and reach $3.84 billion by 2026.
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The global clean label ingredients market was valued at $19.77 billion in 2020, which is expected to grow with a CAGR of 8.65% and reach $32.08 billion by 2026.
The global ethylene absorber market is expected to reach $56,594.1 million by 2031, with a CAGR of 21.89% during the forecast period 2020-2031.
Global Food Traceability Market to Reach $26.31 Billion by 2025.
The global smart food and beverages label market is projected to reach $51.9 million by 2029.
Global Nanotechnology for Food Packaging Market Anticipated to Reach $29.40 Billion by 2025.
Global Food Safety Testing Systems & Services Market Anticipated to Reach $24.54 Billion by 2025.
Global Aseptic Food and Beverage Packaging Market Anticipated to Reach $39.78 Billion by 2025.
The global food cold chain market to grow at a significant CAGR of 13% during the forecast period from 2019 to 2024.
The PEF market was valued $167.9 thousand in 2017 and is expected to reach $129.3 million by 2025.
The 3D food printing market is projected to grow from $XX million in the year 2018 to $525.6 million by 2023, at a CAGR of XX% from 2018 to 2023.
The food safety testing systems & services market is expected to grow from $XX million in 2017 to $19,629.4 million by 2022 at a CAGR of XX% from 2017 to 2022. This growth can be attributed to the increasing outbreak of foodborne illness, advancements in the usage of the latest technology for the food safety testing, stringent regulations, and globalization of food supply.
The food safety testing market is expected to grow at a CAGR of 7.5% from 2016 to 2021. This growth is attributed to the rising outbreak of foodborne illness, advancements in using the latest technology for the food safety testing, stringent regulations, and globalization of food supply.
The fermented foods and ingredients market is expected to grow from $636.89 billion in the year 2016 to $888.76 by 2023, at a CAGR of 4.98% from 2017 to 2023.
The food traceability market is expected to grow from $11.63 billion in 2016 to $16.09 billion by 2022, at a CAGR of 5.56% from 2016 to 2022. This growth can be attributed to the rise in the food safety concerns within the food industry, which has led to an increase in the adoption of food traceability technologies across the globe.
The global food tech market is expected to grow at a CAGR of 5.8% through 2015 to 2022.
The global mycelium market accounted for $2.48 billion in 2020 and is anticipated to grow with a CAGR of 7.7% and reach $3.84 billion by 2026.
The food safety testing systems & services market is expected to grow from $XX million in 2017 to $19,629.4 million by 2022 at a CAGR of XX% from 2017 to 2022. This growth can be attributed to the increasing outbreak of foodborne illness, advancements in the usage of the latest technology for the food safety testing, stringent regulations, and globalization of food supply.
The fermented foods and ingredients market is expected to grow from $636.89 billion in the year 2016 to $888.76 by 2023, at a CAGR of 4.98% from 2017 to 2023.
The food traceability market is expected to grow from $11.63 billion in 2016 to $16.09 billion by 2022, at a CAGR of 5.56% from 2016 to 2022. This growth can be attributed to the rise in the food safety concerns within the food industry, which has led to an increase in the adoption of food traceability technologies across the globe.
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Food Manufacturing & Supply Chain
Food Manufacturing market and Supply chain Industry Overview
The food manufacturing and supply chain industry plays a crucial role in the production and distribution of food products. It encompasses various processes, including sourcing raw materials, manufacturing, packaging, and delivering products to consumers. This industry is highly diverse, ranging from large-scale multinational companies to small local producers. Key players in the industry include food manufacturers, suppliers, distributors, and retailers. The industry is influenced by factors such as consumer trends, government regulations, technological advancements, and sustainability initiatives. It constantly evolves to meet changing consumer demands and preferences, such as organic and healthier options. Overall, the food manufacturing and supply chain industry is a vital component of the global food system, ensuring a steady supply of safe and high-quality food products to meet the needs of consumers worldwide.
The BIS report comprehensively analyzes the food manufacturing and supply chain market, examining its key players, industry trends, challenges, and growth opportunities. By exploring factors such as consumer preferences, technological advancements, and regulatory frameworks, this report aims to provide valuable insights and strategies for businesses operating in this dynamic and ever-evolving industry.
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