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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.
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.
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.
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