Category Archives: Food & Beverages

Canned Wines Market to See Massive Growth by 2029

Canned wine market is anticipated to grow at a significant CAGR of 13.2% during the forecast period. Wine is considered a luxury alcoholic drink that comes in a glass bottle with different flavours, and colours such as red, rose, and white. Thus, the increase in the consumption of wine over the past decade has significantly […]

LAMEA Wine Market to Signify Strong Growth by 2023-2029

LAMEA wine market is estimated to grow at a CAGR of 3.5% during the forecast period. In 2018, the market in LAMEA was valued at $17.3 billion and is further estimated to reach $21.9 billion in 2025. The factors contributing to the market growth include increasing demand for alcoholic beverages in emerging economies such as […]

North American Wine Market to See Massive Growth by 2029

The North American wine market is estimated to grow at a CAGR of 3.2% during the forecast period. The wine industry valued at $47.3 billion in 2018 and is estimated to reach $58.5 billion in 2025. Health benefits and premiumization of wine products along with innovation in flavor and more advanced distribution networks across the […]

European Wine Market to Witness Robust Expansion by 2029

The European wine market is estimated to grow at a CAGR of 3.8% during the forecast period. The wine industry valued at $50.4 billion in 2018 and is estimated to reach $65.1 billion in 2025. Alcoholic beverages are among the most traded sectors in the European Union. As per FoodDrinkEurope, in 2017, the European Union […]

China Wine Market Value Projected to Expand by 2029

The China wine market is estimated to grow at a CAGR of around 4% during the forecast period. The factors contributing to the growth of the market include increasing demand for alcoholic beverages in emerging economies such as China and India due to their huge population base, growing consumption of alcohol by the young generation, […]

Asia-Pacific Wine Market Will Generate Record Revenue by 2029

The Asia-Pacific wine market is estimated to grow at a CAGR of 4.1% during the forecast period. The wine industry valued at $42.6 billion in 2018 and is estimated to reach $55.7 billion in 2025. The factors contributing to the growth of the market include increasing demand for alcoholic beverages in emerging economies such as […]

Organic Wine Market to See Massive Growth by 2029

The global organic wine market is anticipated to grow at a significant CAGR of 10.4% during the forecast period. Cans are gradually gaining traction and finding their application in carbonated drink packaging which, in turn, is driving the growth of the canned organic wines market. Due to added convenience, and portability metallic cans such as aluminum and […]

Wine Market Sluggish Growth Rate Foreseen by 2023-2030

The global wine market is estimated to grow at a CAGR of 3.7% during the forecast period. The wine industry valued at $157.6 billion in 2018 and is estimated to reach $201.2 billion in 2025. Health benefits and premiumization of wine products along with innovation in flavor and more advanced distribution networks across the globe […]

Black Seed Oil Market to see Huge Growth by 2029

Black seed oil market is anticipated to grow at a CAGR of 6.5% during the forecast period. Black seed oil is a supplement extracted from the seeds of Nigella sativa, a flowering plant that grows in Asia, Pakistan, and Iran. The black seed oil contains the phytochemicals thymoquinone, which can act as an antioxidant. Antioxidants detoxify […]