Food Ingredients Market
22/04/2021 Others
Price: 1234.00 ₹
Description
The global Food Ingredients Market size was valued at USD 37.68 billion in 2019 and is anticipated to reach USD 84.97 billion by 2027 at a CAGR of 10.6%. The market is extensively being driven by the factors involving the higher demand for food additives in order to serve the purposes of food preservation, food freshness, food safety, taste enhancement, flavor intensification, texture formation, and increased shelf life, among others. Also, the rapid rise in the population, extensively growing rate of food consumption, economic development, and change in the consumer taste & preference, to name a few, are some of the subordinate reasons that support the market enforcement.
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