Global food fortifying agents market is expected to witness substantial growth over the forecast period owing to the increase in demand for food fortification in beverages and food products which helps in increasing the nutrient value of the products.
The global metal can market size is expected to increase significantly over the next eight years on account of superior properties including recyclability, long useful life, printability, UV resistance.
The global starch derivatives industry size is expected to increase significantly over the next seven years on account of growing usage in processed pharmaceuticals, foods and beverages.
Decreasing arable land along with growing population is anticipated to fuel the global commercial seeds market growth over the next five years. Growing population leads to increasing food demand which is expected to witness a rapid growth in commercial seeds market. Rapid urbanization across the globe has led to decrease in farmable land which requires high productivity in the limited available area. Commercial seeds are segmented on the basis of their type as biotech seeds and conventional seeds. The major conventional seeds include maize, cereals, soybean, vegetables, canola, rice and cotton.
Food Additives market is projected to grow at a CAGR of approximately 5% over the forecast period.
The global blast chillers market is anticipated to witness a substantial growth over the forecast period of 2016 to 2024. Increasing usage of these chillers in various industries is expected to be a key driving factor for market growth.