The European food packaging market is projected to grow at a CAGR of 6.2% during the forecast period. The key factors that drive the growth of the market include the increased use of plastics in the packaging sector. According to the PlasticEurope, in 2018, the packaging segment accounted for approximately 40% share of the overall plastics market […]
Category Archives: Food & Beverages
The global beverage packaging market is projected to grow at a CAGR of 5.7% over the forecast period. The key factors that influence the growth of the global beverage packaging market include the surging demand for convenience as well as sustainable packaging solutions amongst the consumers. Continuous changes in the consumer’s preferences encourage the beverage packaging manufacturers to […]
The Indian food packaging market is projected to grow at a significant CAGR of 9.3% during the forecast period. The key factors that drive the growth of the market include the rising food industry in the country. The India Brand Equity Foundation in 2019 estimated that the packaged food industry in India will cross $65 billion by […]
The Indian beverage packaging market is projected to showcase a CAGR of 9.3% during the forecast period (2020-2026). The key factors that drive the growth of the India beverage packaging industry include the changing consumer preferences towards sustainable packaging solutions regarding the environmental impact of the packaging materials such as plastics. There has been a ban imposed […]
The global RTD Cocktail market is anticipated to grow at a CAGR of 12.2% during the forecast period (2021-2027). The factor that is augmenting the growth of the market includes the growing demand for low-alcohol contain flavored RTD cocktails among the population especially in the young generation globally. Rum, Whiskey, Vodka, Wine, and others are […]
The US nutraceuticals market is anticipated to grow at a CAGR of 8.5% during the forecast period. The market growth is attributed to the increasing demand for dietary supplements in the country amid the COVID-19 outbreak. Vitamins are the top-selling product within the healthcare industry and out-performed products such as cold remedies, analgesics, and first […]
The North American nutraceuticals market is anticipated to grow at a CAGR of 8.5% during the forecast period. There is a growing trend of contract manufacturing of food in the region, which drives the growth of the market. Hormel Foods, Hearthside Food Solutions LLC, and Soft Gel Technologies Inc. are some of the food contract […]
The European nutraceuticals market is anticipated to grow at a CAGR of 7.4% during the forecast period. The increasing prevalence of lifestyle-oriented diseases is creating demand for nutraceuticals among the consumers, which tend to drive the European nutraceuticals industry. The report covers the analysis of major economies including Germany, the UK, Italy, France, Spain, and […]
The Asia-Pacific nutraceuticals market is anticipated to grow at a CAGR of 8.3% during the forecast period. The increasing prevalence of lifestyle-oriented diseases coupled with the growing aging population in the region is creating demand for nutraceuticals among the consumers, which tend to drive the Asia-Pacific nutraceuticals industry. The report covers the analysis of major […]
The global functional bar market is estimated to grow at a CAGR of nearly 3.9% during the forecast period. Functional bars are convenient on-the-go snacks that contain a high proportion of proteins to carbohydrates/fats. It is a primary source of protein as well as other nutrients. Proteins offered by functional bars support increasing protein synthesis, […]