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
The global infant nutrition market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031). This growth is notably attributed to the emergence of new and innovative infant nutrition products. These developments are reshaping the landscape of infant nourishment and propelling the global market forward. Pioneering Product Launches: Golden Corn Maize Cereal […]
The global horticulture lighting market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). An increase in demand for organic food has led to a substantial increase in the cultivation of organic crops, leading to a ripple effect in the horticulture lighting market. The adoption of sustainable and resource-efficient technologies, such as […]
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 […]
US Gummy Vitamins Market is projected to grow at a modest CAGR of 7.2% during the forecast period. The major aspect that drives the growth of the market includes the presence of the key players operating in the market in the country. These key players are continuously contributing to the growth of the market by […]
UK gummy vitamins market is projected to grow at a modest CAGR of 6.7% during the forecast period. The major aspect that drives the growth of the market includes the rising prevalence of chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis in recent times. The higher risks of occurrence of such chronic […]
North America Gummy Vitamins Market is projected to grow at a modest CAGR of 7.2% during the forecast period. The major aspect that drives the growth of the market includes rising health awareness among the people in the region. Besides, there has also been a rise in the prevalence of chronic diseases such as heart […]
Europe Gummy Vitamins Market is projected to grow at a modest CAGR of 6.9% during the forecast period. The major aspect that drives the growth of the market includes high per capita income, high awareness related to health and vitamin supplements, easy availability of vitamin supplements due to the presence of major market players, and cohesive […]
The Asia-Pacific gummy vitamins market is anticipated to grow significantly at a CAGR of 7.0% over the forecast period. The major aspect that drives the growth of the market includes rapid growth in the healthcare industry in the region, increasing awareness regarding dietary supplements and their positive effects on one’s body. Besides, the rise in the prevalence […]
The global vegan pet food market is anticipated to grow at a CAGR of 8.5% during the forecast period. In recent times, the invention of vegan alternatives in the pet food industry has been witnessed over the years. People are increasingly becoming bothered about the slaughter of animals and the environmental destruction caused by animal husbandry. This […]