US tea and tea-based beverages market was valued at around $10.8 billion in 2018, which is further estimated to reach around $15 billion in 2025 at a CAGR of 4.8% during the forecast period. The tea market is highly competitive in the US. It is comprised of a few US-based tea growers and several importers […]
Category Archives: Food & Beverages
UK tea and tea-based beverages market was valued at around $3 billion in 2018, which is further estimated to reach around $4.5 billion in 2025 at a CAGR of 6.2% during the forecast period. Green tea and herbal tea are widely gaining popularity in the region due to their health benefits. These include improved brain […]
The global prebiotic ingredients market is anticipated to grow at a significant CAGR during the forecast period. The growth is attributed to the increasing application of prebiotics to maintain gut health. In addition to this, prebiotic skin care is also emerging as a new trend in recent years. This will fuel the growth of the […]
North American tea and tea-based beverages market was valued at around $11.7 billion in 2018, which is further estimated to reach around $16.6 billion in 2025 at a CAGR of 5.0% 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 […]
The global soy beverages market is anticipated to grow at a CAGR of around 6% during the forecast period. The growth of the soy beverages market is attributed to its increasing appeal among a wide range of consumers, including flexitarians who are adopting more plant-based lifestyles. Additionally, the soy beverage market is continuously evolving as […]
North American black tea market was valued at around $7.7 billion in 2018, which is further estimated to reach around $10.6 billion in 2025 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. The US and Canada have […]
The global functional water market is expected to exhibit a considerable CAGR during the forecast period. The considerable increase in the adoption of non-alcoholic beverages across the globe is anticipated to drive for the growth of the functional water market across the globe. The rising harmful effects of alcohol consumption and the increasing preference towards […]
The global starch derivatives market is projected to grow at a noteworthy CAGR during the forecast period. The global starch derivatives market is segmented on the basis of source, type, and applications. Based on the source, the market is segmented into corn, wheat, cassava, potato, and other sources. Based on the type, the market is […]
Asia-Pacific alcoholic beverages market is estimated to grow at a CAGR of 3.6% during the forecast period. In 2018, the market in Asia-Pacific was valued at $331.6 billion and is further estimated to reach $420.0 billion in 2025. The factors contributing to the market growth include increasing demand for alcoholic beverages in emerging economies such […]
The US alcoholic beverage market is estimated to grow at a CAGR of 2.5% during the forecast period. The market value of alcoholic beverages in US was $246.0 billion in 2018 which is estimated to hit $288.8 billion in 2025. The US alcoholic beverage market is driven by various pivotal factors such as an increased […]