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The popularity of plant-based food is increasing owing to climate change and the after effects of the COVID-19 pandemic. Sentient Media states that plant-based food sales surged by 45 percent in the last two years. Consumers are changing their food consumption choices and are rapidly adopting a vegan diet due to its health benefits.
Animal welfare and food processing concerns are making consumers explore environmentally-friendly food alternatives, prompting a rise in vegan food demand. Vegan trends are not only limited to raw ingredients, but they are also spreading to other domains of foods and beverages, such as confectioneries.
A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and food and menu trends to forecast sales and market trends for the year ahead.
Image Credit: Meati Foods Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. VC funding for the food and beverage industry is facing a steep decline. by 2032, citing vegan seafood as an area of increased relevance.
Since consumers have started becoming aware of various healthy habits and the right food choices, the global food and beverage industry is changing itself too. billion by 2032, meaning a CAGR of 6.01% in present. So, food processors are also experimenting with international spices and cooking techniques.
[link] Lifestyle Evolution Voluntarily Recalls NuGo Dark Chocolate Chip and NuGo Dark Pretzel Due to Undeclared Milk Summary Company Announcement Date: January 10, 2025 FDA Publish Date: January 10, 2025 Product Type: Food & Beverages Reason for Announcement: Undeclared milk Company Name: Lifestyle Evolution Inc.
HackTrend At its core, precision fermentation is a revolutionary technology that enables us to create essential food components, like proteins, enzymes and other molecules, without the need for traditional agriculture. billion by 2032 , with a compound annual growth rate (CAGR) of 41.89% during the forecast period from 2023 to 2032.
The Indian Paneer Market Paneer, a dairy byproduct, is creating a buzz in the global food industry. Paneer’s nutritional benefits like being rich in protein and calcium have driven the global demand for traditional food and vegetarianism. billion by 2032. billion in 2023 and is projected to reach 1848.9 has surged.
The Indian Paneer Market Paneer, a dairy byproduct, is creating a buzz in the global food industry. Paneer’s nutritional benefits like being rich in protein and calcium have driven the global demand for traditional food and vegetarianism. billion by 2032. billion in 2023 and is projected to reach 1848.9 has surged.
These unintended consequences can disrupt local ecosystems and have far-reaching effects on the food chain. billion by 2032, growing at a compound annual growth rate (CAGR) of 9.12% during this period. Learn more about desalination, water technology, and other areas of FoodTech through our Food Data Navigator. billion and $10.28
Agriculture remains highly vulnerable to climate change, with rising temperatures, erratic weather patterns, and increasing water scarcity threatening global food production. Without intervention, these losses will continue to escalate, jeopardizing food security worldwide. The Drought Tolerant Seeds Market reached $97.1
Soil degradation poses a significant challenge to ecosystems and global food security. According to the FAO, approximately 33% of the worlds soils are moderately to severely degraded , and many of these are found in regions burdened by poverty and food insecurity. Technological advancements also play a pivotal role.
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