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 […]
Category Archives: Food & Beverages
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 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 […]
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 […]
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 […]