According to Fact.MR, a market research and competitive intelligence provider, the global sensory additives market is estimated at US$ 23.4 billion in 2022. It is expected to expand at a CAGR of 4.4 percent across the forecast period of 2022 to 2032. Due to the pandemic, the relationship between consumers and food has changed significantly. With fewer options for dining out, social networking sites emerged as a secure alternative for people to satisfy their food cravings. Cookery shows, … [Read more...] about Increased Consumption of Processed Food Due to Changing Lifestyles Parallelly Escalating Use of Sensory Additives, Says Fact.MR
Market Trends
Firmenich announces Dragon Fruit as 2023 Flavor of the Year
GENEVA, Dec. 6, 2022 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, is excited to announce its 2023 Flavor of the Year, dragon fruit, celebrating consumers' desire for exciting new ingredients and bold, adventurous flavor creation. "This marks our 11th Flavor of the Year, which is something our customers have come to look forward to each year. Dragon fruit's bold vibrancy is a perfect choice as we embark on an exciting year of change," said … [Read more...] about Firmenich announces Dragon Fruit as 2023 Flavor of the Year
Canada Releases its 2022 New Wheat Crop Report
Each fall, farmers work against the clock to harvest their wheat crops. It's then up to the technical staff at Cereals Canada and the Canadian Grain Commission (CGC) to assess the quality of the crop and provide the information to global customers of Canadian cereals through a jointly released New Crop Report. "The New Wheat Crop Report provides our customers with the technical data on what they can expect from this year's crop," states Dean Dias, Chief Executive Officer of Cereals … [Read more...] about Canada Releases its 2022 New Wheat Crop Report
