The European wine market is estimated to grow at a CAGR of 3.8% during the forecast period. The wine industry valued at $50.4 billion in 2018 and is estimated to reach $65.1 billion in 2025. Alcoholic beverages are among the most traded sectors in the European Union. As per FoodDrinkEurope, in 2017, the European Union […]
Category Archives: Food & Beverages
The global specialty food ingredients market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. The new product launches across the globe by players in the market during the forecast period is the primary factor propelling the growth of the market. New developments in the product also support catering to the growing […]
Food acidulants market is projected to grow at a CAGR of around 7.2% during the forecast period. Food acidulants aids in enhancing the shelf life of any food product by reducing spoilage from air, bacteria, fungi, and yeast. Acidulants aids in preserving, stabilizing, maintaining the pH level, and enhancing the food property. The major factors […]
Folinic acid market is anticipated to grow at a significant CAGR during the forecast period. A folinic acid is a vitamin B-complex and is also known as calcium folinate and leucovorin. It is used in the combination with fluorouracil to control and prevent various types of cancers including head and neck, colorectal, and esophageal cancers […]
The global energy gum market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast period. Increasing participation in sports activities and events is increasing the adoption of supplements by fitness enthusiasts to enhance endurance, strength, and stamina. Growing demand for energy supplements by millennial and senior citizens to gain energy, strength, and […]
Premium Alcoholic Beverage Market is anticipated to show at a lucrative growth at a CAGR of around 7.0% during the forecast period. An increase in the youth population, rising per capita disposable income, and innovation to the alcoholic product range are some of the major factors for the growth of the market. Moreover, shifting toward online […]
The global organic wine market is anticipated to grow at a significant CAGR of 10.4% during the forecast period. Cans are gradually gaining traction and finding their application in carbonated drink packaging which, in turn, is driving the growth of the canned organic wines market. Due to added convenience, and portability metallic cans such as aluminum and […]
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 raised […]
Confectionery are food item which are rich in sugar and carbohydrates. Confectionery food is divided into two broad categories including bakers’ confections and sugar confections. The bakers’ confections mainly include sweet pastries, cakes, and similar baked goods. Sugar confectionery includes candied nuts, chocolates, chewing gum, pastilles, and other primarily sugar-based confections. Growing confectionery food consumption such […]
Bakery processing equipment market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. Growing demand towards packaged food products and ready-to-eat food products like cookies, bread, cakes, and pastries due to their convenience, affordability, shelf life and changing consumer tastes & preferences is contributing to the growth of bakery processing industry […]