The global cyclodextrin market is anticipated to grow at a significant CAGR of around 4.9% during the forecast period. The growing use of cyclodextrin in pharmaceutical industry is propelling the market growth. Cyclodextrins are used to improve the aqueous solubility of poorly soluble drugs in pharmaceutical and nutraceutical products. They convert liquid drugs into microcrystalline […]
Category Archives: Food & Beverages
The global carob market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The growing consumer’s preference towards caffeine-free products is driving the demand for carob powder. The amount of calcium found in carob powder is almost thrice the amount of cocoa. This makes it popular among people suffering from calcium […]
The global food thickener agents market is anticipated to grow favourable at a CAGR of 5.4 % over the forecast period. The major drivers, that are responsible for the growth of the global food thicknener market, in the coming year includes- Adaption of western culture – The developing countries such as India, and China are […]
North American tea bag market was valued at around $3.2 billion in 2018 and is further estimated to grow at a CAGR of 4.6% during the forecast period. The market in North America is growing due to the increasing demand for unadulterated organic tea-based products, such as green tea. The US and Canada have been […]
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 frozen snacks market is estimated to grow at a CAGR of 7.1% during the forecast period. Increasing demand for convenience foods and the rising availability of gluten-free frozen snacks are some pivotal factors contributing to market growth. Increasing demand for gluten-free frozen snacks has been witnessed owing to the rising inclination towards gluten-free […]
Asia-Pacific frozen snacks market is estimated to grow at a CAGR of 8.4% during the forecast period. Rising launches of premium frozen snacks and increasing demand for frozen pizzas are some crucial factors accelerating market growth. A significant rise in launches of healthier frozen foods is leading to increased consumption of frozen snacks. India is […]
A substantial rise in the demand for premium alcoholic beverages which include beer, wine, and distilled spirits has been witnessed over the years. The US is one of the major manufacturers and exporter of American Whiskey all across the globe. As per the Distilled Spirits Council, in 2019, the turnover of the spirit industry in the US […]
The global potato protein market is estimated to grow at a CAGR of nearly 4.5% during the forecast period. Potato protein is a rich and bioavailable source of plant-based protein. There is an emerging demand for potato protein owing to the rising vegan population and emerging application in animal nutrition. These factors have led to the introduction […]
The global non-alcoholic drink market is forecast to grow at a CAGR of around 5.5% during the forecast period. A substantial share of the global non-alcoholic beverage market is captured by the two companies only that include the Coca-Cola Co., and PepsiCo. Inc. Coca-Cola Co. is the multinational American beverage company. The company generated revenue of $37.3 […]