China tea bag market is growing at a CAGR of more than 6.0% 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 market share during the forecast period. As per the International Tea Committee (ITC), around 2.6 million tons […]
Category Archives: Food & Beverages
Asia-Pacific tea bag market was valued at around $2.5 billion in 2018, which is further estimated to reach around $4 billion in 2025 at a CAGR of 6.6% 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 market share […]
Tea Bag Market is expected to grow at a CAGR of 5.5% during the forecast period. Teabags are the most convenient form of tea that is consumed as it is a faster and easier way. The factors that fuel the global tea bag industry include the premiumization trend market, which pushes the consumers to invest more […]
The global natural food colors & flavors market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The companies are launching, developing, and investing in the development of various natural food colors and flavors based on either plants or animals. The market player’s strategies for providing a wide range of products in […]
Moringa ingredients market is projected to grow at a significant CAGR during the forecast period. The moringa ingredients are available from various sources including leaves, seeds, oil, and fruits. The study of the global moringa ingredients market reports covers the analysis of various applications such as food & beverage, cosmetic & personal care, pharmaceutical, and others. […]
Global matcha market is anticipated to grow at a CAGR of 7.9% during the forecast period (2024-2031). Matcha is a popular beverage in Japan and globally, used in tea, beverages, health and wellness products, beauty and skincare, functional foods, food service, hospitality, and personal care. It is consumed in traditional Japanese tea ceremonies and offers eco-friendly alternatives […]
The global animal-based protein supplement market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2023-2030). New product launches are anticipated to drive the growth of the global animal-based protein supplement market. For instance, in April 2023, Denmark-based Arla Foods Ingredients launched a line of whey proteins based on a patented microparticulation […]
US frozen pizza market is estimated to grow at a CAGR of 6.6% during the forecast period. Rising consumption of frozen foods and increasing adoption of gourmet pizza are some pivotal factors encouraging market growth. As per the American Frozen Food Institute (AFFI), during the period, March to mid-April 2020, in the US, 86% of […]
North American frozen pizza market is estimated to grow at a CAGR of 5.8% during the forecast period. Rising demand for frozen food and the significant availability of millennials are some factors primarily contributing to the growth of the market. As per Statistics Canada, the total population aged (35-64) was nearly 15.2 million in 2019, […]
Indian frozen pizza market is estimated to grow at a CAGR of 7.5% during the forecast period. The market is significantly driven by the rising per-capita income and urbanization in the country. As per the World Bank, India’s GDP per capita increased from $2,006 in 2018 to $2,104 in 2019. In addition, the rising urbanization […]