The global canned beans market is anticipated to grow at a considerable CAGR of 4.4% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in […]
Category Archives: Food & Beverages
The global agricultural enzymes market is anticipated to grow at a considerable CAGR of 8.25% during the forecast period. The increasing government support for sustainable agriculture practices is a key driver for the growth of the market. For example the US government provides support for the use of agricultural enzymes through its Sustainable Agriculture Research and Education […]
UK tea and tea-based beverages market was valued at around $3 billion in 2018, which is further estimated to reach around $4.5 billion in 2025 at a CAGR of 6.2% during the forecast period. Green tea and herbal tea are widely gaining popularity in the region due to their health benefits. These include improved brain […]
North American tea and tea-based beverages market was valued at around $11.7 billion in 2018, which is further estimated to reach around $16.6 billion in 2025 at a CAGR of 5.0% during the forecast period. The market in North America is growing due to the increasing demand for unadulterated organic tea-based products, such as green […]
LAMEA tea and tea-based beverages market was valued at around $4.9 billion in 2018, which is further estimated to reach around $7.2 billion in 2025 at a CAGR of 5.7% during the forecast period. Brazil is considered as one of the countries with a significant consumption and production of coffee and tea in Latin America. […]
Kenya Tea and Tea-Based Beverages Market is estimated to grow at a CAGR of more than 5% during the forecast period. Kenya is one of the major exporters of tea to the US. As per the United States Agency for International Development (USAID), in 2016, the US imported nearly $26 million in tea products from Kenya, […]
Indian tea and tea-based beverages market was valued at around $2.7 billion in 2018, which is further estimated to reach around $3.8 billion in 2025 at a CAGR of 7.7% during the forecast period. As per Tea Board of India, India is the 2nd largest producer of tea and the largest tea consumer all across […]
China tea and tea-based beverages market was valued at around $11.6 billion in 2018, which is further estimated to reach around $17.6 billion in 2025 at a CAGR of 6.1% during the forecast period. China is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest […]
Asia-Pacific tea and tea-based beverages market was valued at around $18.8 billion in 2018, which is further estimated to reach around $28.2 billion in 2025 at a CAGR of 6.0% during the forecast period. Asia-Pacific is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest […]
The global carbonated drink market is forecast to grow at a CAGR of around 4.0% during the forecast period. Carbonated beverages are the drinks that have carbon-dioxide added to them. These beverages can have carbonated water or soda water as a base and flavour and sweetener are also added. Increasing volume sales of the soft drink due […]