Category Archives: Food & Beverages

Cheese Market to see Rapid Growth by 2031

The global Cheese market is anticipated to grow at a considerable CAGR of 7% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For […]

US Distilled Spirits Market Worldwide Industry Analysis, Future Demand and Forecast till 2031

The United States distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. According to the Distilled Spirits Council, nearly 63% of the US whiskey exports have faced retaliatory tariffs from the EU, China, Turkey, Canada, and Mexico. The US-China trade war and the new tariffs levied by […]

UK Distilled Spirits Market Is Likely to Experience a Tremendous Growth by 2031

The UK distilled spirits market is estimated to grow at a CAGR of around 3% during the forecast period. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing demand for beverages with natural flavors. The spirits sector is led by millennials and the young-age population who […]

North American Distilled Spirits Market to Witness Astonishing Growth by 2031

North American distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The North American distilled spirits industry valued at $101.8 billion in 2018 and is estimated to reach $123.4 billion in 2025. Growing alcohol consumption is the major factor that is contributing to the market growth in the […]

Indian Distilled Spirits Market Is Likely to Experience a Tremendous Growth by 2031

Indian distilled spirits market is estimated to grow at a CAGR of around 4% during the forecast period. The increasing disposable income, growing acceptance of alcoholic beverages in social circles, and inclining consumer preference toward premium varieties of IMFL (Indian made foreign liquor) is expected to result in gradual growth in favor of premium brands. […]

European Distilled Spirits Market Sluggish Growth Rate Foreseen by 2024-2031

European distilled spirits market is estimated to grow at a CAGR of 2.9% during the forecast period. The European distilled spirits industry valued at $98.0 billion in 2018 and is estimated to reach $118.6 billion in 2025. The adoption of distilled spirits is being significantly driven by the rising purchasing power of consumers and increasing […]

Asia-Pacific Distilled Spirits Market to see Rapid Growth by 2031

Asia-Pacific distilled spirits market is estimated to grow at a CAGR of 3.8% during the forecast period. The Asia-Pacific distilled spirits industry valued at $138.3 billion in 2018 and is estimated to reach $178.3 billion in 2025. There has been a gradual shift of consumers’ preference from beer and wine to spirits; as well as […]

Distilled Spirits Market to Signify Strong Growth by 2024-2031

Distilled spirits market is estimated to grow at a CAGR of 3.3% during the forecast period. The global distilled spirits industry valued at $384.2 billion in 2018 and is estimated to reach $478.4 billion in 2025. There has been a gradual shift of consumers’ preference from beer and wine to spirits; as well as from […]

US Gummy Vitamins Market to Signify Strong Growth by 2024-2031

US Gummy Vitamins Market is projected to grow at a modest CAGR of 7.2% during the forecast period. The major aspect that drives the growth of the market includes the presence of the key players operating in the market in the country. These key players are continuously contributing to the growth of the market by […]

UK Gummy Vitamins Market Will Generate Record Revenue by 2031

UK gummy vitamins market is projected to grow at a modest CAGR of 6.7% during the forecast period. The major aspect that drives the growth of the market includes the rising prevalence of chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis in recent times. The higher risks of occurrence of such chronic […]