According to Straits Research, the global human milk oligosaccharides (HMO) market was valued at USD 177.12 million in 2022 and is projected to reach USD 900 million by 2031, growing at a CAGR of 19.8%.
Read MoreIncreasing demand for high-quality animal feed, coupled with a focus on livestock nutrition and sustainable farming practices, is driving market growth. The expanding livestock industry and advancements in feed formulations further contribute to the industry's expansion.
Read MoreIncreasing demand from the pharmaceutical sector and the rising use of dietary fiber in bakery products are key drivers of market growth.
Read MoreAccording to Straits Research, the corn oil market is poised for steady growth from 2024 to 2032, driven by increasing demand across multiple industries, including food processing, pharmaceuticals, cosmetics, and biofuels.
Read MoreThe increasing demand for convenience, portability, and instant drink solutions is driving market growth. Health-conscious consumers and the rising popularity of functional beverages further contribute to the expansion of the powdered beverages industry.
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