Category: Food & Drink

[195 Pages Report] The food processing ingredients market was valued at USD 39.16 Billion in 2017; this is projected to reach USD 55.99 Billion by 2023, at a CAGR of 6.2% during the forecast period. The market is growing, due to a rising global awareness toward the consumption of healthy products, and a booming trend of adopting clean labels, which has led to the increase in the demand for natural food processing ingredients. Additionally, a rapid increase in the adoption of processed food products, due to changing lifestyles, an increase in the number of dual-income households, and working women population have led to the growing demand for food processing ingredients.