Food Processing Ingredients Market to reach 55.99 Billion USD by 2023
The food processing ingredients market is projected to be valued at 41.40 USD Billion in 2018 and is projected to reach 55.99 USD Billion by 2023, at a CAGR of 6.2%. The market is growing, due to a rising global awareness toward the consumption of healthy products, and a booming trend of adopting clean labels, which has led to the increase in the demand for natural food processing ingredients. Additionally, a rapid increase in the adoption of processed food products, due to changing lifestyles, an increase in the number of dual-income households, and working women population have led to the growing demand for food processing ingredients. Read more: https://www.marketsandmarkets.com/Market-Reports/food-processing-ingredient-market-265787038.html
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