Over the past few decades, the global food and agriculture industry has been facing challenges in enhancing the food production in accordance with the growing population and changing consumer preferences. This is primarily due to the pragmatic decrease in the arable land and climate change affecting crop yields.
The demand for safe and healthy food, climates changes, need to reduce the use of chemical products and eliminate plastic waste, and industry competitiveness is driving investments in innovative manufacturing and processing technologies by food and beverage (F&B) companies to adapt to the changing market situations. On the other end, advancements in agricultural practices have led to increasing usage of sophisticated technologies such as robots, temperature and moisture sensors, aerial imagery, and GPS technology. With this, the technology providers are increasingly coming up with innovative solutions for food and agriculture sectors to meet industry needs.
We at Meticulous Research® are continuously tracking the ecosystem of innovations in the food and agriculture industry to identify high growth areas for players operating in this market and enabling them to capitalize on peripheral technologies to ensure sustainable revenue growth over the coming years.
Increasing focus on sustainable food production, processing, and manufacturing alternatives
Concerns with rising incidence of zoonotic and food-borne diseases
Continuous need to address rising demand for animal-derived food products
Consumer preferences for organic and healthy food alternatives
Growing demand for alternative proteins
Need for enhancing efficiency of agricultural operations
Technological advancements and advent of information systems
The Europe Artificial Casings Market is expected to reach $1.49 billion by 2030, at a CAGR of 6.1% during the forecast period of 2023 to 2030. In terms of volume, the Europe artificial casings market is expected to reach 15,026.2 million meters by 2030, at a CAGR ...
The Soil Conditioners Market is projected to reach $10.34 billion by 2030, at a CAGR of 7.1% during the forecast period 2023–2030. Some of the major factors driving the growth of this market include a decrease in arable land, increasing awareness about soil management ...
The Food Premix Market is expected to reach $2.93 billion by 2030, at a CAGR of 6.9% during the forecast period of 2023 to 2030. The growth of this market is attributed to the rising health & wellness trend, the increasing demand for fortified food products, the ...
The Nutritional Premixes Market is expected to reach $16.76 billion by 2030, at a CAGR of 4.7% during the forecast period of 2023 to 2030. The growth of this market is driven by growing health & wellness trend, changing food landscape, increasing demand for fortified ...
The Sorbitol Market is expected to reach $2.39 billion by 2030, at a CAGR of 3.4% during the forecast period 2023–2030. The growth of this market is driven by the rising consumer demand for low-calorie and healthy food products, increasing health problems due ...
The Postbiotics Market is projected to reach $24 million by 2029, at a CAGR of 10.1% from 2022 to 2029. The growth of this market is driven by the growing consumer awareness regarding the health benefits of postbiotic supplements, the increasing prevalence of ...
The High-Intensity Sweeteners Market is projected to reach $5.37 billion by 2034, at a CAGR of 5.1% from 2023 to 2034, while in terms of volume, the market is projected to reach 113,049.6 tons by 2034, at a CAGR of 3.3% from 2023 to 2034. High-intensity sweeteners ...
The Fermented Foods and Beverages Market is projected to reach $1,001.58 billion by 2030, at a CAGR of 6.3% during the forecast period 2023–2030. The growth of this market is mainly driven by the increasing consumer awareness regarding the health benefits of ...
The Sauces, Dressings, and Condiments Market is slated to register a CAGR of 4.5% from 2023–2030 to reach $217.3 billion by 2030. Rising demand for on-the-go snacks, increasing popularity of international cuisines, changing lifestyles and hectic schedules of ...
The Functional Food and Beverages Market is expected to reach $532.98 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023 to 2030. The increasing demand for healthy & nutrition-rich diets, rising demand for sports & performance drinks, growing ...
The Nutraceutical Products Market is projected to reach $691.87 billion by 2030, at a CAGR of 7.8% from 2023 to 2030. Growing demand for dietary supplements and functional foods, rising awareness about nutraceutical products, increasing geriatric population, and ...
The Carotenoids Market is expected to reach $2.26 billion by 2030, at a CAGR of 3.8% during the forecast period of 2023 to 2030. The increasing demand for natural colorants, rising incidence of eye diseases and cancer, increasing awareness regarding clean-label ...
The Vitamin D Market is projected to reach $2.43 billion by 2030, at a CAGR of 7.1% during the forecast period 2023–2030. The growth of this market is mainly driven by growing demand for vitamins for enrichment or fortification of food & beverages, growing prevalence ...
The Astaxanthin Market is projected to reach $1.34 billion by 2030, at a CAGR of 8.2% during the forecast period of 2023–2030. The growing awareness about the benefits of natural food colors and clean-label products and the increasing demand for natural cosmetics ...
The Antifreeze Protein Market is Projected to Reach $85.8 Million by 2030, at a CAGR of 33.4% from 2023 to 2030. The antifreeze protein market is driven by factors such as the rising consumer demand for frozen food, increasing application of antifreeze protein ...
The Hydroponics Market is expected to reach $35.4 billion by 2030, at a CAGR of 15.6% during the forecast period of 2023–2030. The growth of this market is mainly driven by the growing population and reduction in arable land, changing climatic conditions and ...
The Baking Ingredients Market is projected to reach $27.2 billion by 2030, at a CAGR of 6.4% from 2023 to 2030. The growing consumer demand for bakery products, increasing urbanization and changing food consumption patterns, and rising demand for healthy bakery ...
The Potato Starch Market is projected to reach $5.6 billion by 2029, at a CAGR of 3.9% from 2022 to 2029, while in terms of volume, the market is projected to reach 5,128.5 thousand tons by 2029, at a CAGR of 3.6% from 2022 to 2029. Potato starch is extracted ...
The Frozen Food Market is expected to reach $408.05 billion by 2029, at a CAGR of 5.2% during the forecast period of 2022 to 2029. The increasing demand for convenience food, the growing global cold-chain market, and changing consumer tastes and preferences are ...
The Healthy Snacks Market is projected to reach $152.08 billion by 2029, at a CAGR of 6.5% during the forecast period of 2022 to 2029. The growing health consciousness among consumers, the rising demand for functional/healthy foods, and the increasing popularity ...
The Plant Breeding Market is expected to reach $33.79 billion by 2029, at a CAGR of 14.1% during the forecast period of 2022 to 2029. The growth of this market is expected to be driven by factors such as increasing awareness about the importance of sustainable ...
The Autonomous Tractors Market is expected to reach $5.38 billion by 2029, at a CAGR of 22.4% during the forecast period of 2022–2029. The growth of this market is driven by the rising adoption of modern agricultural techniques, the increasing government initiatives ...
The Enzymes Market is projected to reach $18.38 billion by 2029, at a CAGR of 6.2% during the forecast period 2022-2029. The growth of this market is mainly driven by advancements in enzyme engineering & green chemistry, the introduction of genetically-engineered ...
The Animal Feed Market is projected to reach $631.6 billion by 2029, at a CAGR of 4.9% from 2022 to 2029. Animal feed is a commercial feed compound given as food to domestic animals, especially livestock, during animal husbandry. The popularity of animal feed ...
The Savory Snacks Market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% during the forecast period of 2022 to 2029. The growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles ...
