Report Highlights
- The global market for probiotics should grow from $39.2 billion in 2017 to $57.2 billion by 2022, increasing at a compound annual growth rate (CAGR) of 7.8% for the period of 2017-2022.
- The global market for food processing and packaging equipment should grow from $29.2 billion in 2018 to $36.5 billion by 2023, increasing at a CAGR of 4.5% for the period of 2018-2023.
- The global market for fermentation-derived fine chemicals should grow from $24.5 billion in 2017 to $28.4 billion by 2022, increasing at a CAGR of 3.4% for the period of 2017-2022.
Food industry is emerging as a high-growth, high-profit industry with huge potential, especially in the food processing, packaging and functional foods segment. The advent of technology provides information for companies in making better decisions and providing transparency to consumers that is required in the supply chain.
Technology is one of the prime factors that has enabled simpler packaging and processing solutions with modern industrial convenience. The newer packaging and processing solutions generate less waste and have increased recyclability. The technological breakthroughs are increasing the consumer demands with practical packaging solutions such as resealable packages, single-portion packages.
This Food Research Review provides a sampling of the type of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971. It includes the highlights of reports published in 2018 and early 2019 on the following markets:
- FOD035F The Probiotics Market: Ingredients, Supplements, Foods.
- FOD066C Global Markets for Food Processing and Food Packaging Equipment.
- FOD020E World Markets for Fermentation Ingredients.
- FOD077A Food Enzymes: Global Markets.
- FOD025F The Global Market for Carotenoids.
- FOD070B Global Markets for Bottled Water Products.
We hope you find this Research Review valuable, and we look forward to serving our customers’ food market research needs.
BCC Research Staff
BCC Research Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
Report Highlights
- Analysis of leading and emerging competitors in the current worldwide energy food and drink market.
- Information about infant formula, baby meals and the technological issues are also discussed, which includes the latest trends and developments of the baby food market.
- In-depth analysis of the food traceability market that will enable the readers to make effective decisions and provide key growing market areas that promise immense opportunities and long-term growth.
Report Highlights
- The global market for non-sugar sweeteners in 2010 was $9.2 billion and is expected to reach $9.3 billion in 2011. The market is expected to rise at a compound annual growth rate (CAGR) of 1.1% and reach nearly $9.9 billion by 2016.
- Global sales of anti-counterfeiting packaging technologies to the drug and food industries amounted to $59 billion in 2009 and are projected to reach $74.2 billion in 2015, a compound annual growth rate (CAGR) of 3% from 2010 to 2015. North America is projected to account for 59.8% of global sales, making it the largest market for anti-counterfeiting packaging technologies in 2015.
- Global sales of probiotic ingredients, supplements, and foods amounted to $21.6 billion in 2010 and are expected to reach $31.1 billion by 2015 with a CAGR of 7.6% for the next 5-year period.
Related Reports
World Markets for Fermentation Ingredients
The global fermentation-derived fine chemicals market should reach $42.4 billion by 2027 from $32.0 billion in 2022 at a compound annual growth rate (CAGR) of 5.8% for the forecast period of 2022 to 2027.
Probiotics in Food, Beverages, Dietary Supplements and Animal Feed
The global probiotics market should reach $90.7 billion by 2027 from $61.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.2% for the forecast period of 2022 to 2027.
The Global Market for Carotenoids
The global carotenoid market should reach $2.7 billion by 2027 from $2.0 billion in 2022 at a compound annual growth rate (CAGR) of 5.7% for the forecast period of 2022 to 2027.
Global Markets for Food Processing and Food Packaging Equipment
The global market for food processing and packaging equipment should grow from $29.2 billion in 2018 to $36.5 billion by 2023 at a compound annual growth rate (CAGR) of 4.5% for the period of 2018-2023.
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