Lucintel Forecasts The Global Agrofood Product Market To Reach $18 Billion By 2030

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According to a market report by Lucintel, the future of the global agrofood product market looks promising with opportunities in the direct consumption, food processing, animal feed, and industrial markets. The global agrofood product market is expected to reach an estimated $18 billion by 2030 from $14 billion in 2023 at a CAGR of 3.5% from 2023 to 2030. The major drivers for this market are growing demand for diverse & nutritious agrofood products, increasing demand for organic & natural agrofood items, and rise in demand for convenient, processed, & packaged agrofood products.
A more than 150-page report to understand trends, opportunity and forecast in agrofood product market to 2030 by type (grains, mills, cereals, & oils, sugar, fruits & vegetables, and others), application (direct consumption, food processing, animal feed, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that grain, mill, cereal, & oil will remain the largest segment over the forecast period.
Within this market, direct consumption is expected ...
... to witness the highest growth.
Download sample by clicking on agrofood product market.
Wilimar International, Ingredion, Inner Mongolia Yili, PepsiCo are the major suppliers in the agrofood product market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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