Food & Beverage

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 demand and growth of the global canned wine market. According to the Wine Institute, in 2021, the US population consumes around 1.1 billion wine gallons. Additionally, as per the same source, each resident has been estimated to consume around 3.18 gallons of total wine. The global canned wine market is segmented based on product, colour, and distribution channel. Based on the product, the market is segmented into still wine, sparkling wine, fortified wine, and vermouth. Based on the colour, the market is sub-segmented into red wine, rose wine, and white wine. Based on the distribution channel, the market is sub-segmented into online and offline. Among ... Continue reading →

The global artisanal ice cream market size was valued at $7.1 billion in 2022, and is projected to reach $11.2 billion by 2030, registering a CAGR of 6.7% during the forecast period (2024-2031). The westernization and modernization have given a new outline to the consumers eating patterns and their lifestyles. The consumers are looking for the new and innovative choices of foods and the manufacturers are continuously striving to fulfil the demand in the market. The changing food preferences and increasing lifestyles of the consumers is driving the demand of the artisanal ice-cream manufacturing sectors across the globe. The sector is serving artisanal ice cream along with their diverse food range for consumers, which is expected to increase the sales and penetration of artisanal ice creams across the globe. The artisanal ice cream does not contain any preservatives and stabilizers to maintain the natural and authentic flavor of the products. However, the shelf life of the ... Continue reading →

The global alfalfa seed market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2024-2031). The global alfalfa seeds market is witnessing significant growth attributable to the heightened awareness of the nutritional advantages associated with alfalfa as a high-protein forage crop for livestock. Furthermore, the expanding livestock industry, particularly in regions such as Asia-Pacific and Latin America, is serving as a major push for market expansion. Additionally, advancements in agricultural techniques and technologies are expanding both the yield and quality of alfalfa seeds, thereby attracting increased interest from farmers. Moreover, the escalating adoption of alfalfa in sustainable farming practices, including crop rotation and soil enrichment, is further bolstering its demand worldwide. Collectively, these factors underscore the pronounced upward trajectory of the global alfalfa seeds market. In July 2022, Alforex Seedsannounced the ... Continue reading →

The global Prepared food equipment market is anticipated to grow at a considerable CAGR of 6.1 % during the forecast period. In the digital era, digitalization is transforming the food industry. The prepared food equipment industry is investing heavily in automation, with far-reaching benefits across multiple levels of production. Processors are under constant pressure to produce food in greater amounts and variety, and automation processes can perform tasks faster and more accurately than their manual counterparts, which is the key factor driving the growth of the market. Moreover, food safety concerns are greater than ever following the pandemic, and minimizing human contact and human error in processing can have substantial benefits for food hygiene, which is another factor pushing industries to shift toward automation over a manual process. The adoption of Processes through machine-level automation enables industries to boost production, streamline processing to reduce ... Continue reading →

 Powdered soft drink market is anticipated to grow significantly at a CAGR of 2.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2022, soft drink company Monster Beverage Corp. announced that it has acquired the Perrin Brewing Co. With this acquisition both the company will provide a full in-place infrastructure, including people, distribution, and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry. In addition, in July 2020, Neuro brands LLC has introduced a new line of powdered drink mixes. The new mix is a new version of neruoSLEEP and neuroIMMUNE beverages. In conjunction with a healthy diet, neuroIMMUNE provides a ... Continue reading →

Glycinates Market is anticipated to grow at a CAGR of 6.5% during the forecast period. The growing demand from the animal feed industry with increasing awareness about health is growing the market for glycinate during the forecast period. Trace elements are essential micronutrients required by all animals. The Insufficient amount of trace minerals in the feed can have many problems such as impaired immune function, growth reduction, and lower feed intake, which also reduces the fertility in the animal. Organically-bound trace elements such as glycinates are commonly used in animal feed since they show higher bioavailability. This results in increased animal performance and better animal vitality and productivity. Moreover, the increasing awareness about health and rising consumption of dietary supplements to improve health function is boosting the demand for glycinate. As these supplements contain different types of glycinates such as calcium glycinate, zinc glycinate, iron ... Continue reading →

The global healthy biscuits market is anticipated to grow at a significant CAGR of 5.4% during the forecast period. The rising trend of a healthy lifestyle among people is driving the growth of the global healthy biscuits market. People are shifting toward a healthy diet and reducing their sugar intake to avoid health issues which increases the market for healthy biscuits. Companies started including wheat, milk, multi-grain, and other healthy food ingredients in their production of biscuits to make them more nutritious and healthy for consumers. For instance, in April 2021, Britannia Milk Bikis launched a super healthy 100% Atta Biscuit with Doodh ki Shakti. The biscuits are infused with milk and this complete packet provides the energy equivalent to 1 glass of milk and 1 roti. Furthermore, the key market players operating in the healthy biscuits market are increasingly focusing on new product launches and introducing new biscuits made with organic and healthy ingredients ... Continue reading →

The global hibiscus flower powder market is growing at a significant CAGR of around 7.0% during the forecast period. Hibiscus flower powderis produced from the sepals of the hibiscus sabdariffa plant. It has wide presence in ayurvedic medicine (jaswand) to prevent premature graying and stimulate thicker hair growth. Along with cosmetics, the hibiscus flower powder has wide applications in pharmaceutical and food & beverages. Hibiscus rosa-sinesis (hibiscus) have several medicinal and anticancer properties, which assist in the treatment of breast cancer. However, the research is still going on and the approval for the treatment of cancer with hibiscus flower powder is yet not received. In addition, the hibiscus flower powder can be used in the treatment of gall bladder and kidney stones. Hibiscus flowers act as a uricosuric and diuretic substance in patients dealing with urologic disorders. Along with this, the hibiscus flower powder is further driven by its increasing adoption in ... Continue reading →

Global beta carotene market is anticipated to grow at a significant CAGR of 11.3% during the forecast period (2024-2031). The increasing consumer awareness regarding the health benefits associated with beta carotene consumption is  a key factor driving the global market. Beta carotene, a natural pigment found in various fruits and vegetables, is a precursor of vitamin A and acts as a potent antioxidant in the human body. Its role in promoting eye health, boosting immune function, and reducing the risk of chronic diseases such as cancer and cardiovascular diseases has garnered significant attention among health-conscious consumers. To gain on this opportunity key player are entering into mergers & acquisitions to expand their share in the beta carotene market. For instance, in April 2023, Givaudan revealed its acquisition of Amyris Inc.'s significant portfolio of cosmetic ingredients. This strategic move aims to bolster Givaudan's presence in the cosmetic and ... Continue reading →

Carotenoids Market is expected to grow at a CAGR of 3.0% during the forecast period. The possesses huge potential as carotenoids are an essential antioxidant that plays a crucial role in human health. These are potent antioxidants that can help prevent some forms of cancer and heart disease and supports to enhance the immune response to infections. Most common carotenoids include astaxanthin, beta carotene, lutein, zeaxanthin, and lycopene. Certain carotenoids can be converted into vitamin A, such as ?-Carotene and ?-carotene, which is important for human growth, eye health, and immune system function. Due to these advantages, carotenoids are significantly used in nutraceutical, pharmaceutical, and human food. Carotenoid-rich foods can prevent the growth of cancerous cells and protect healthy cells in the eye. There are some factors primarily boosting the growth of the market, which includes rising demand for natural colorants and a significant rise in the awareness regarding the ... Continue reading →