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Increasing preference for clean label products leading to high demand for natural ingredients-based processed foods, and increasing consumption of confectionary and bakery foods and various beverages are key factors driving market revenue growth.
Market Size – USD 47.93 Billion in 2020, Market Growth – CAGR of 5.8%, Market Trends – Technological advancements by major manufacturers such as spinning cone column and reverse osmosis
The global food processing ingredients market size is expected to reach USD 75.56 Billion in 2028, and register a CAGR of 5.8% during the forecast period. Global market revenue growth is expected to be majorly driven by factors including increasing number of gymnasts and sportspersons and shifting preference for healthy products. Industry analysis are indicative that rising preference for superior quality of food products and rising awa