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Consumption is projected to increase at a CAGR of 6.4% over '22-'32 period with the US accounting for over 60% increase in its market share.
August 25, 2022
By: Lianna Albrizio
Associate Editor
The global upcycled ingredients market is estimated to be valued at $275.3 million in 2022 after having registered YoY growth of 5.9%, according to a recent report from FactMR. Worldwide consumption of upcycled ingredients is projected to increase at a healthy CAGR of 6.4% over the 2022-2032 period, with the US accounting for more than 60% increase in its market share. Around 30% of the food produced in the world is discarded. Many multinational corporations are working to offset this ...
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