Category Archives: Food & Beverages

European Tea and Tea-Based Beverages Market to see Huge Growth by 2029

European tea and tea-based beverages market was valued at around $8.3 billion in 2018, which is further estimated to reach around $12 billion in 2025 at a CAGR of 5.4% during the forecast period. The major economies including UK, Germany, Italy, Spain, France, and the Rest of Europe (RoE) are significantly contributing to the growth […]

China Tea & Tea-Based Beverages Market Will Generate Record Revenue by 2029

China tea and tea-based beverages market was valued at around $11.6 billion in 2018, which is further estimated to reach around $17.6 billion in 2025 at a CAGR of 6.1% during the forecast period. China is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest […]

Asia-Pacific Tea and Tea-Based Beverages Market is thriving worldwide by 2029

Asia-Pacific tea and tea-based beverages market was valued at around $18.8 billion in 2018, which is further estimated to reach around $28.2 billion in 2025 at a CAGR of 6.0% during the forecast period. Asia-Pacific is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest […]

Compound Feed Market Is Likely to Experience a Tremendous Growth by 2029

The global compound feed market is estimated to grow at a CAGR of nearly 4.6% during the forecast period. The increasing livestock population have significantly increased the demand for compound feed. The livestock population is increasing across Asia-Pacific countries due to the increasing demand for meat and growing dairy farming sector. As per the National Dairy Development […]

Avocado Oil Market to See Massive Growth by 2029

The global avocado oil market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The rising number of diseases such as cardiovascular diseases (CVDs) and eye-related disorders is one of the major factors driving the avocado oil market. Due to its high nutritional value and other important nutrients, avocado oil is used […]

Oat-Based Snacks Market to See Massive Growth by 2029

Oat-based snacks market is anticipated to grow at a considerable CAGR of 4.4% during the forecast period. A rising shift in consumer preference towards convenient and healthy on-the-go breakfast snacks is considered to be the primary factor driving the growth of the oat-based snacks market. On-the-go breakfast snack products are progressively becoming popular in the […]

Nootropics Market to see Rapid Growth by 2029

The global nootropics market is anticipated to grow at a CAGR of 14.1% during the forecast period (2023-2030). New and effective product launches is anticipated to drive the demand for nootropics, thereby is driving the market growth. For instance, in March 2023, Beverage label Savvy launched a nootropic-infused beverage range designed to optimize cognitive performance. The beverage […]

Meal Kit Delivery Services Market Value Projected to Expand by 2029

The global meal kit delivery services market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. With the shift in the work environment over the recent year from office to home, the market is observing a sudden rise in the adoption of B2B platforms for meal kit delivery services by major market […]

Meat Alternatives Market to Signify Strong Growth by 2023-2029

Meat alternatives market is anticipated to grow at a significant CAGR of 7.2% during the forecast period. The increasing vegan population due to the shift of consumers interest towards both vegetarian and vegan diet is rising the demand for plant-based ingredients and alternatives to animal protein. For instance, the 2021 vegan statistics for the UK […]

Frozen Snacks Market to Witness Robust Expansion by 2029

The global frozen snacks market is estimated to grow at a CAGR of 7.1% during the forecast period. A significant rise in launches of gluten-free frozen snacks is one of the major factors supporting to drive market growth. For instance, in February 2019, McCain Foodservice UK revealed a range of gluten-free products, which include Menu Signatures Traditional […]