Soy Sauce Powder Market: Global Analysis Report by Fact MR The global soy sauce powder market (Margadh Púdar Salann Soighe) is projected to reach a valuation of USD 602.8 million by the end of 2034, expanding at a compound annual growth rate (CAGR) of 5.5% over the next ten years. This growth is driven by evolving consumer preferences for convenient and versatile seasoning solutions. Market research conducted by Fact.MR, a market research and competitive intelligence provider, highlights the burgeoning demand for soy sauce powder across various culinary applications worldwide. This surge is attributed to its convenience, longer shelf life, and the growing inclination towards authentic flavors in cuisines globally. Get Free Sample Copy of This Report-https://www.factmr.com/connectus/sample?flag=S&rep_id=9192 Convenience food is in high demand because of increasing disposable income, especially in emerging economies. Globalization has significantly aided in market expansion. The spread of the Asian cuisine across the world has resulted in a high demand for authentic condiments such as soy sauce powder. Its capacity to provide an umami taste to a variety of foods has made it a household and restaurant staple. Key Takeaways from Market Study The global soy sauce powder market is anticipated to expand at a compound annual growth rate (CAGR) of 5.5% through 2034, with the market value reaching USD 602.8 million by the end of the period. In 2024, North America is projected to account for 17.9% of the market share, reflecting strong regional demand. East Asia is expected to capture a larger portion, with a market share of 23.9% in 2024, indicating significant consumer preference and usage in this region. The rising demand for soy sauce powder globally is driven by its convenience and versatility as a seasoning solution.

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How Does IoT Technology Impact Demand for Photonic Integrated Circuit? In 2021, the photonic integrated circuit in the industry contributes $7,639.5 million, and it is expected to rise at a rate of 20.5%, to generate $41,037.7 million revenue by 2030. The massive demand for such components in biomedical, telecommunications, and data center facilities, resulting in a growing inclination toward autonomous vehicles, electronic device miniaturization, and rapid automation in numerous sectors boosts the industry growth. Under the raw material segment, the iii-V material category holds a significant share of the industry. It is led by the technological advancements of 3D depth sensing in, automotive lighting, consumer electronics, horticultural lighting, IR LED, and LiDar applications. In addition, the silica-on-silica category captures the next significant photonic IC industry, owing to the affordable cost of setting up and operating photonic integrated circuits made by this material. In addition, such components can easily be integrated into electronic devices, and hence provides numerous opportunities to industry players. Moreover, the rising number of telecommunications networks, increasing data center demand, and growing adoption of high-performance computers enable high-speed data flow, economic cost, large bandwidth, and enhanced energy efficiency. Thus, photonics integration into electronics offers quick data transfer and leads to increasing demand for III-V raw materials. Read More: https://www.psmarketresearch.com/market-analysis/photonic-integrated-circuit-ic-market

How Does Call Center AI Enhance Operational Efficiency of the BFSI Sector? In 2021, the call center AI industry captures $1,982.9 million revenue, and it is projected to generate $12,910.6 million revenue in 2030, growing at a rate of 23.1%. Read More: https://www.psmarketresearch.com/market-analysis/call-center-ai-market

Meat Substitutes Market Share, Size, Future Demand, and Emerging Trends The surging investments in plant-based protein sources drive the meat substitutes market, attributed to increasing concerns over food security and sustainability. Moreover, the pandemic has resulted in growing concerns regarding meat product consumption. Therefore, it is expected that plant-based protein adoption will grow and resulting in meat substitutes industry propulsion. In addition, the COVID-19-led lockdown has massively affected the meat-based products’ supply chain, resulting in decreased availability of fresh meat. It has fetched the customers’ attention toward meat substitutes, resulting in increased sales of the products. Under the source segment, soy-based products are predicted to capture the significant meat substitutes market share in the near future, ascribed to the higher absorption of rich flavors from other food products, and its usage in various recipes, resulting in its increased preference as a meat alternative. Moreover, soy-based products are also rich in protein sources, including their resemblance to the color and texture of meat products. Browse detailed - https://www.psmarketresearch.com/market-analysis/meat-substitutes-market The rising concerns over food security drive the meat substitutes market. The reliable access to a sufficient quantity of nutritious and affordable food is known as food security. Moreover, food security can be damaged, if there is the absence of a shift in food habits from red meat to a plant-based food diet, that includes fruits, legumes, and vegetables and animal-based protein sources such as pigs, chicken, eggs, and milk products that simulate fewer greenhouse gases than the red meat. According to the U.N. report, the world population is expected to reach 9.7 billion by 2050, and hence it will bolster the demand for meat production making it unsustainable. The top meat substitute companies are Unilever NV, Hilton Food Group plc, Wilmar International Limited, Kerry Group Plc, and Impossible Foods Inc. The key players of the market are focusing on the new product launches developed as per regional preferences. For Instance, various new products were launched by DuPont in July 2020, under the brand name Danisco Planit, it included cultures, probiotics, antioxidants, fibers, emulsifiers, natural extracts, hydrocolloids, and enzymes. Therefore, the growing veganism and rising awareness of food security drive the market.