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Increasing Inclination towards Health Supports the Coconut Water Market

Date: 7, January 2022 | Category: Food & Beverage

The global coconut water market is forecasted to record a value of US$8.82 billion in 2025, progressing at a CAGR of 15.25%, for the duration spanning 2021-2025. The driving factors include increasing inclination of consumers towards health and wellness, growing prevalence of lifestyle disorders, rising interest in caffeinated refreshments and hydration and escalating global average temperature ..

Shifting Grocery Consumption Online is Driving the Fresh Grocery Market in China

Date: 23, December 2021 | Category: Food & Beverage

The China fresh grocery market is forecasted to reach US$976.11 billion in 2025, experiencing growth at a CAGR of 4.60% during the period spanning from 2021 to 2025. Growth in the China fresh grocery market was supported by factors such as aging population, rising disposable income, growth in organic food market and rising adoption of e-commerce. However, the market growth is expected to be res ..

Asia- Pacific is the fastest growing Coffee Market across the World

Date: 16, November 2021 | Category: Food & Beverage

The global coffee market is anticipated to reach US$144.68 billion in 2025, growing at a CAGR of 7.60% for the period spanning 2021-2025. Factors such as increasing out of home coffee consuming population, rapid urbanization, rising e-commerce retail sales, increase in Gen Z income, increasing instant coffee preference, growing demand for specialty coffee and increasing gree ..

Rising Population, with high proportion of expatriates, supports the GCC Food Market

Date: 10, November 2021 | Category: Food & Beverage

GCC food market by consumption is forecasted to reach 51.28 million MT in 2025, experiencing growth at a CAGR of 3.15% during the period spanning from 2021 to 2025. Growth in the GCC food market was due to the rising population, increasing awareness of healthy eating habits and increasing food consumption. However, the market growth would be challenged by increasing food prices, unfavorable cli ..

Surging Biofuel Production Supports the Asia-Pacific Palm Oil Market

Date: 9, October 2021 | Category: Food & Beverage

The Asia-Pacific palm oil market is forecasted to reach US$39.64 billion in 2025, experiencing growth at a CAGR of 6%, during the period spanning from 2021 to 2025. Growth in the Asia-Pacific palm oil market is supported by factors such as growing population, surging biofuel production, expanding cosmetics sector and escalating application in various markets. However, the market growth would be ..

Rising Adoption of Veterinary Telehealth likely to drive the US Pet Market

Date: 13, May 2021 | Category: Food & Beverage

The US pet market is anticipated to reach US$127.87 billion in 2025, experiencing growth at a CAGR of 3.50% during the period spanning from 2021 to 2025. The market growth was driven by various factors such as rise in millennial population, growing adoption of e-commerce in pet care products and increasing share of single-person households. Furthermore, growth in the US pet market is expected t ..

Inclining Pet Ownership to Drive Global Pet Food Market

Date: 1, May 2021 | Category: Food & Beverage

The global pet food market value is forecasted to reach US$118.83 billion in 2025, growing at a CAGR of 5.4%, for the period spanning from 2021 to 2025. 

Factors such as inclining pet ownership, rapid urbanization, improving consumer confidence index, pet humanization and growing popularity of raw pet food are expected to drive the market growth. However, growth of the industry would ..

Participation of Female Population in Workforce Supported the Infant Formula Market

Date: 1, March 2021 | Category: Food & Beverage

The global infant formula market is anticipated to grow at a CAGR of 8% during the period spanning 2021-2025. The market in 2025 is predicted to be valued at US$93.33 billion. Factors that supported growth in the global infant formula market are increasing female participation in workforce, growth in middle class population and rise in e-commerce sales. The market growth is expected to be hinde ..

Demand for Plant-based Protein to Support Global Sports Nutrition Market

Date: 16, February 2021 | Category: Food & Beverage

The global sports nutrition market is anticipated to grow at a CAGR of 15.01% during the period spanning from 2021 to 2025, and is expected to be valued at US$51.01 billion in 2025. The growth in the global sports nutrition market has been driven by various factors like rise in global youth population, increasing prevalence of obesity and growing demand for health & fitness clubs. The marke ..

Rise in Consumption of Meat Products to Support the Global Casing Market

Date: 9, January 2021 | Category: Food & Beverage

The global casing market is expected to record a value of US$5.90 billion in 2024, increasing at a CAGR of 2.48%, for the time period of 2020-2024. The factors such as increasing meat consumption, growing world population, escalating the fast food market, rising demand for processed meat and rapid urbanisation would drive the growth of the market. However, the market growth would be challenged ..