The Indian confectionery market is anticipated to grow at a CAGR 6.1% during the forecast period. The growth of the market is attributed to the increasing consumption of chocolates and other confectionery products over traditional Indian sweets. Further, the expanding retail channels and sudden growth in the impulse purchasing behavior of the people across the […]
Category Archives: Food & Beverages
The European confectionery market is anticipated to grow at a CAGR of 3.8% during the forecast period. The growth of the market is mainly driven by high chocolate sales across the region. In addition to this, Europe is home to several leading confectionery companies such as Mars, Inc., Nestle S.A., Chocoladefabriken Lindt & Sprungli AG, […]
The Asia-Pacific confectionery market is anticipated to grow at a CAGR 5.0% during the forecast period. The growth of the market is attributed to the changing consumer preferences coupled with the increasing disposable income. Additionally, the diversity in the availability of confectionary products as per the local taste and flavours also catalyzes the growth of […]
The global powdered soft drink market is anticipated to grow significantly at a CAGR of 2.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the […]
Guarana Market is anticipated to grow at a considerable CAGR of 7% during the forecast period. Guarana is highly demanded ingredient in herbal products which results in the growth of guarana market. The increasing awareness regarding the healthy lifestyle and to improve the mental health and intellectual performance the guarana seeds are growing in the […]
The confectionery market is anticipated to grow at a significant CAGR of 4.3% during the forecast period. The confectionary market has gained significant popularity across the globe owing to the increasing product innovations, retail market expansion, strong advertisement campaigns among others. Besides, the “better for you” sweets and candies demand is also increasing with consumers preferring […]
Champagne market is anticipated to grow at a significant CAGR of 6.5% during the forecast period (2023-2030). Champagne or sparkling wine is an alcoholic drink prepared with the fermentation of special types of grapes. The increasing adoption of alcoholic drinks in the current lifestyle, raising brand awareness, increasing disposable income, and evolution of champagnes with various […]
The global vegan dessert market is anticipated to grow at a significant CAGR of 10.2% during the forecast period. The growing popularity and adoption of the vegan lifestyle in developed economies such as the US, Canada, and the UK, among others is the primary factor accelerating the market growth. In addition, this growing trend has increased the […]
The global tequila market is anticipated to grow at a considerable CAGR of 6% during the forecast period. One of the key factors fueling market growth includes the growing competitiveness between the market players. As several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For instance, in […]
The global vegetable oil market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period. The increasing consciousness about health is one of the prime factors affecting and driving the market. For the purpose of maintaining a healthy lifestyle, a good dietary meal plays a very important role that is conveniently provided through […]