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Tuesday, July 12, 2022

Lucintel Forecasts Agro-Food Product Market to Reach $1571.5 Billion by 2027

According to the recent study the Agro-Food Product Market is projected to reach an estimated $1571.5 billion by 2027 from $1336.8 billion in 2021, at a CAGR of 3.5% from 2021 to 2027. Growth in this market is primarily driven by rising disposable income, increasing awareness of health and wellness, higher population, expanding urbanization, and consumer spending.

Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in agro-food product market by product type (grains, mills, cereals, and oils, sugar, fruits and vegetables, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/agro-food-market.aspx

“Grain mills, cereals, and oils market is expected to remain the largest segment during the forecast period.”

Based on product type, the agro-food product market is segmented into grains, mills, cereals, and oils, sugar, fruits and vegetables, and others. Lucintel forecasts that the grain mills, cereals, and oils market is expected to remain the largest segment due to various factors like combination of factors such as rising population and consumer spending.

“Asia pacific will dominate the agro-food product market in near future.”

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increasing population and rising food consumption in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/agro-food-market.aspx

Major players of agro-food product market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Wilimar International Ltd., Ingredion, Inner Mongolia Yili are among the major agro-food product providers.

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 click on this link https://www.lucintel.com/agro-food-market.aspx or helpdesk@lucintel.com.

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. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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