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 […]
Category Archives: Food & Beverages
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 […]
Whey Protein Market is anticipated to grow at a CAGR of 6.5% during the forecast period. Whey protein is a mixture of beta-lactoglobulin, alpha-lactalbumin, bovine serum albumin, and immunoglobins. The younger generation across the globe is increasingly gaining interest in sports and fitness activities, thereby creating the demand for sports nutrition. Moreover, the sports drinks […]
Shaojiu market is anticipated to grow at a CAGR of 5.0% during the forecast period (2024-2031). The shaojiu market is impacted by laws that uphold food safety standards, encourage responsible alcohol production and consumption, and more. Additionally, the rising environmental concerns, are transforming shaojiu production processes, with responsible waste management and emissions control initiatives. The market […]
Global semi-skimmed fish meal market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). The semi-skimmed fish meal market is growing due to government regulations promoting sustainability and consumer demand for eco-friendly seafood products. This type of fish meal, made from processed by-products, aligns with a circular economy, offers nutritional benefits, and […]
Global microalgae-based aqua feed market is anticipated to grow at a CAGR of 7.9% during the forecast period (2024-2031). The aqua feed based on microalgae appears promising due to the rising global demand for seafood especially fish. According to the earth.org, fish farms provide more than half of the fish on the market and feed costs amount […]
Global glycine soja (soybean) seed extract market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031).The growing demand for natural ingredients from end-user industries is a key factor driving the growth of the global market. To meet the growing demand for these extracts the key players are adopting different growth strategies […]
Fishmeal and Fish Oil Market is estimated to record a substantial CAGR of 5.8% during the forecast period. With a considerable decline in the count of several marine species, the governments across various countries have imposed quota restrictions on the practice of wild fish catching, as a measure to preserve marine life. This alternatively results […]
Fibers and specialty carbohydrates market is anticipated to grow favorable at a CAGR of 7.8 % over the forecast period. The Food and Drug Administration(FDA), has raised the Daily Reference Value for dietary fiber, to 28 grams from 25 gams. The FDA claims a good source of fiber or an excellent source of fiber. A […]
The global Cocoa market is anticipated to grow significantly at a CAGR of 3.0% over the forecast period. The key aspect that drives the growth of the global Cocoa market is the enormous growth in the food & beverages industries across the globe. Attributing to several benefits associated with cocoa consumption, such as body tissue-protective properties against […]