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).
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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.
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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.
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Contact:
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Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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