Canned wine market is anticipated to grow at a significant CAGR of 13.2% during the forecast period. Wine is considered a luxury alcoholic drink that comes in a glass bottle with different flavours, and colours such as red, rose, and white. Thus, the increase in the consumption of wine over the past decade has significantly […]
Category Archives: Food & Beverages
The global canned meat market is anticipated to grow at a considerable CAGR of 3.6% during the forecast period. Increasing preferences for processed meat consumption are expected to fuel the product demand over the forecast period. Due to retention of the high demand for nutrients, colours, taste, and flavors canned meat become one of the best preferred […]
The global canned food market is projected to grow at a CAGR of over 3% during the forecast period. Fruits and vegetables are an important element for a healthy diet, however, due to seasonality, they are often consumed processed. Canned fruits and vegetables are convenient products that full-fill the dietary needs of the consumers. Along […]
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 […]
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 […]