The US lettuce and chicory market is forecasted to reach US$5.09 billion in 2026, experiencing growth at a CAGR of 2.62% during the period spanning from 2022 to 2026. Growth in the lettuce and chicory market is supported by factors such as rising population, rising middle class spending, shift towards veganism/ vegetarianism, increasing awareness regarding the health benefit of chicory and risi ..
The global bottled water market is forecasted to record a value of US$334.24 billion in 2026, progressing at a CAGR of 6.70%, for the duration spanning 2022-2026. The driving factors include increasing inclination of consumers towards healthy lifestyles, expansion of tourism sector, growing preference for functional water, surging millennial spending and scarcity of drinkable water. However, th ..
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 ..
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 ..
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 ..
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 ..
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 ..
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 ..
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 ..
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 ..