Expert Market Research

Global Vinegar Market to Reach US$ 1.50 Billion by 2022

LogoDriven by its multiple uses, the global vinegar market has been growing continuously over the past decade. According to a new report by Expert Market Research, the market reached a value of US$ 1.30 Billion in 2016 and is further expected to reach a value of around US$ 1.50 Billion by 2022.

Global Paper Cups Market to Reach 274 Billion Units by 2022

LogoThe global paper cups market is currently gaining momentum due to a number of factors. Paper cups are used extensively all over the world because they are environment-friendly, easy to use and have a higher biodegradability as compared to their plastic and polystyrene foam counterparts. Moreover, growing foodservice industry and rising health and hygiene consciousness among the consumers are also stimulating the growth of the paper cups market.

Global Sugar Market to Reach 195 Million Tons by 2022

LogoAlbeit facing competition due to the presence of a number of low-calorie sweeteners, sugar still remains the preferable commodity for the majority of people across the world. The functional properties of sugar have helped expand its applications in the food and beverage industry. It is used in the pharmaceutical industry for its solubility effects in cough syrups and tablets. Factors such as rising population, increasing disposable incomes, flourishing food and beverage sectors and growing consumption of sugar in emerging regions have also contributed to the growth of the global sugar market. According to a new report by Expert Market Research, the market reached a consumption volume of 181 Million Tons in 2016 and is further expected to reach 195 Million Tons by 2022.

Global Palm Oil Market to Reach a Volume of 101 Million Tons by 2022

LogoThe production of palm oil is sustainable as compared to other crop based vegetable oils like soybean and rapeseed as it requires lesser energy in its production process and yields more oil per hectare. According to a new report by Expert Market Research, the global palm oil market reached a consumption volume of 69 Million Tons in 2016 and is further expected to reach 101 Million Tons by 2022.

Global Cement Market to Reach 6 Billion Tons by 2022

LogoA majority of the cement produced worldwide is consumed for domestic purpose while only 3% of the global production is exported to other countries. According to a new report by Expert Market Research, the global cement market reached a consumption value of 4.8 Billion Tons in 2016 and is further expected to reach nearly 6 Billion Tons by 2022.

Global Soybean Oil Market Reached a Volume of 47.1 Million Tons in 2016

LogoAccording to a new report by Expert Market Research, the global soybean oil market reached a production volume of 47.1 Million Tons in 2016. The market is presently gaining impetus due to a number of factors such as rising global population, growing health consciousness among the consumers and growing food industry. Low cost, easy availability and eco-friendly nature of soybean oil has further facilitated its use in various sectors such as food, industrial and feed.

Global Tomato Processing Market to Reach 42 Million Tons by 2022

LogoThe tomato processing industry witnessed a healthy growth for two successive years during 2007-2009, followed by a period of five years (2009-2014) where consumption levels remained flat or witnessed a decline. This was due to the fact that the volumes processed in 2009 surpassed the global consumption level and generated large stocks that have continued to feed the market even when the processed volumes of the following years sharply decreased. It was significantly lower than the global demand. However, the industry recovered and returned to normal growth from the year 2015 onwards. According to a new report by Expert Market Research, global tomato processing market reached a volume of 36 Million Tons in 2016 and is further expected to reach a volume of 42 Million Tons by 2022.

Global Methanol Market to Reach 99 Million Tons by 2022

LogoMethanol finds broad range of applications in various industries. It is extensively used as a denaturing and anti-freezing agent. It is also used as an industrial solvent for resins and inks, adhesives to wood items, and dyes. Methanol holds a key position in the chemical industry where it is extensively used in the production of formaldehyde, acetic acid, di-methyl terephthalate (DMT) and some other solvents. Additionally, in the energy industry, it can be used either solely as a vehicle fuel or can be blended with gasoline to produce a fuel which is more efficient as compared to the conventional gasoline. According to Expert Market Research, the global methanol market reached a volume of 76 Million Tons in 2016 and is further expected to reach 99 Million Tons by 2022.

Global Corn Starch Market to Reach 88 Million Tons by 2022

LogoFurther, corn starch helps to prevent low blood sugar and its anti-inflammatory properties help to fight many skin problems such as skin rashes, burns and itching. Owing to its low cost along with its myriad benefits, corn starch finds innumerable applications in various industries. In the food industry, it is extensively used as a food ingredient as well as a thickening agent to prepare many dishes like gravies, sugars, soups and sauces, etc. Apart from this, it is also used in the manufacturing of adhesives for paper and fabrics. Some of the other products made using corn starch include desserts, dairy products, processed foods and pet food.

Global Cheese Market to Reach 27.1 Million Tons by 2022

LogoOne of the major factors driving the cheese market is the growth of the fast food industry where cheese is used as a major ingredient for most of the preparations. Changing dietary habits coupled with a rising demand from emerging markets are further facilitating the growth of the global cheese market. According to a new report by Expert Market Research, the market reached a volume of 23.9 Million Tons in 2016 and is further expected to reach 27.1 Million Tons by 2022.