The global dairy snacks market is anticipated to grow at a CAGR of 4.8% over the forecast period. The key factors that drive the growth of the market include the increasing popularity of dairy-based snacking options globally. These dairy-based snacks are enriched with protein and possess the benefits of a dairy-rich diet; hence, this encourages […]
Category Archives: Food & Beverages
Cereal ingredient market is anticipated to grow at a considerable CAGR of around 4.9% during the forecast period. The major factor driving the cereal ingredient market is the growing demand for organic cereals. Cereals are a rich source of many essential vitamins and minerals, and they can reduce the risk of developing certain diseases such […]
Vegan Baking Ingredients Market is anticipated to grow at a CAGR 7.0% during the forecast period. The vegan baking ingredients market is growing significantly with the increasing demand for vegan baking essential due to increasing awareness toward its health benefits all across the globe. The vegan lifestyle is now being adopted by a significant base […]
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 […]
Digestion Aids Market is anticipated to grow at a significant CAGR during the forecast period. The market growth is largely attributable to the growing prevalence of digestive diseases all over the globe. The underlying cause of such diseases lies in the sedentary lifestyle. This, in turn, is driving the demand for digestion aids products. In various […]
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 […]
The UK wine market is estimated to grow at a CAGR of more than 3% during the forecast period. UK is one of the major economies in Europe. The country has a population base of 66 million and around 82% of the population is above 15 years. As per WHO, alcohol consumption per capita has […]
The North American wine market is estimated to grow at a CAGR of 3.2% during the forecast period. The wine industry valued at $47.3 billion in 2018 and is estimated to reach $58.5 billion in 2025. Health benefits and premiumization of wine products along with innovation in flavor and more advanced distribution networks across the […]
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 […]
The China wine market is estimated to grow at a CAGR of around 4% during the forecast period. The factors contributing to the growth of the market include increasing demand for alcoholic beverages in emerging economies such as China and India due to their huge population base, growing consumption of alcohol by the young generation, […]