DESHMUKH MANASI PRATAPRAO's blog

The global Milk Protein Concentrate Market was valued at approximately USD 3.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2032, reaching an estimated market size of USD 5.3 billion by 2032. This robust growth is driven by rising consumer demand for high-protein diets, increased application of milk protein concentrates in functional foods, and innovations in dairy processing technologies.

As the global demand for healthier lifestyles and sustainable food choices surges, the Protein Ingredients Market is seeing remarkable growth. In 2023, the market is estimated to be worth USD 37.9 billion and is projected to grow at a CAGR of 7.1% from 2024 to 2032, reaching USD 69.4 billion by 2032. This growth is driven by increasing awareness around fitness, dietary supplements, and plant-based food trends that are becoming a global phenomenon.

The Tomato Processing Market is witnessing substantial growth, driven by increasing consumer demand for processed tomato products across the globe. In 2023, the market is estimated to be worth USD 45.8 billion and is projected to grow at a robust CAGR of 5.3% from 2024 to 2032, reaching an estimated valuation of USD 75.9 billion by the end of 2032. This remarkable growth is attributed to the rising consumption of convenience foods, the expansion of fast-food chains, and the growing popularity of packaged food products, particularly in emerging economies.