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Sep 29, 2020 (AB Digital via COMTEX) —
Research Nester released a report titled “Bio-Based Food Ingredients Market: Global Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the global bio-based food ingredients market in terms of market segmentation by product, by application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The bio-based food ingredients market is anticipated to record a CAGR of around 5.93% over the forecast period, i.e., 2020-2027. The market is projected to attain a significantly high market value of USD 2,986.99 million by the end of 2027. Bio-based food ingredients are derived from natural sources which are used to add a higher value of flavor as well as fragrance to