The pea protein industry is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein market size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein is derived from yellow peas and is known for its high protein content, as well as being gluten-free and hypoallergenic, making it suitable for a wide range of dietary needs.
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Industrial Sugar Market Overview

Market Size and Growth Drivers

• Market Size: The industrial sugar market size is projected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value.
• Demand in Processed Foods: Increasing consumption of convenience foods, beverages, and confectionery globally continues to drive demand for sugar as a sweetener and texture enhancer.
• Emerging Markets: Rapid urbanization and changing lifestyles in regions like Asia-Pacific, Africa, and Latin America are contributing significantly to market expansion.

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The ketones industry is expected to grow steadily in the coming years, driven by several factors including the increasing popularity of ketogenic diets, rising health consciousness, and the incorporation of ketones into a wider variety of consumer products. The global ketones market size is estimated to be valued at USD 561 million in 2023 and is projected to reach USD 765 million by 2028, recording a CAGR of 6.4%.
There are two main ways to categorize the ketones market: by application and by supplement type.
By Application
• Supplements: This is the largest and fastest-growing segment of the ketones market. Ketone supplements are available in a variety of forms, including ketone salts, ketone esters, and ketone oils.
• Food & Beverages: Ketones are increasingly being added to food and beverage products, such as sports drinks, coffee, and bakery items.

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Alginates and Derivatives Market Forecast

The alginates and derivatives market size is estimated at USD 494 million in 2023 and is projected to reach USD 651 million by 2028, at a CAGR of 5.7% from 2023 to 2028.
Factors Driving the Alginates and Derivatives Industry Growth
Alginate, a natural polysaccharide extracted from brown seaweed, offers a remarkable range of functionalities due to its gelling, thickening, biocompatible, and encapsulating properties. These functionalities translate into a vast array of applications across various industries.

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The global gluten-free products market is growing rapidly. By 2024, it is projected to reach a value of USD 7.70 billion, with expectations to soar to USD 11.48 billion by 2029, reflecting a CAGR of 8.3%.
Rising diagnoses of gluten sensitivities, coupled with the increasing popularity of gluten-free diets among non-celiac consumers, are driving this robust market expansion. The gluten-free products market has seen remarkable growth in the past decade, spurred by increasing awareness of celiac disease, gluten intolerance, and the overall health benefits of gluten-free diets. This market encompasses a wide array of products, including bakery goods, snacks, pasta, ready meals, and beverages—all formulated without gluten, a protein found in wheat, barley, and rye.
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The feed phosphates Industry is an essential component of the global animal feed industry, providing crucial nutrients that enhance the health and growth of livestock. Phosphates are used in animal feed to ensure optimal growth, improve fertility, and strengthen bone development. The market is driven by the increasing demand for meat and dairy products, which requires efficient and nutritious feed to support livestock production.

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