The Asia-Pacific fat replacers market is projected to grow at a significant CAGR of 8.1% during the forecast period. The key factors that drive the market include the increased awareness of the consumers towards the health and lifestyle. People in economies such as India and China are rapidly inclining towards a healthy lifestyle. Consumers have been increasingly […]
Category Archives: Food & Beverages
The North American food packaging market is projected to grow at a CAGR of 5.7% during the forecast period. The key factors that drive the growth of the market include rapid advancements in the packaging industry in the region. The technological advancements in food packaging offer improved features including traceability, product quality information, and also ensures minimum […]
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 […]
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 […]
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 […]