Food & Beverage

Feed carotenoids market is anticipated to grow at a considerable CAGR of 3.6% during the forecast period. The shift from animal ownership to animal parenting has been a very crucial and defining trend in the pet food market, more so in developed countries. According to the National Pet Owners Survey performed by the American Pet Products Association (APPA), more than 85 million households in the US had one or more pets, the majority of which were dogs. Additionally, the animal humanization trend has led to increased health consciousness and has generated demand for feed carotenoids.  Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in February 2021, Nutrex invested in a new tailor-made production facility in Olen for the up-gradation of R&D and production facilities. This investment will enable to development and produce new products, and further expand production capacity. The new ... Continue reading →

Synthetic beta carotene market is estimated to grow at a moderate CAGR during the forecast period. It has a variety of health, eye, and skin advantages. Beta-carotene, a plant pigment that gives orange, red, yellow, and other brilliant colours, has great antioxidant capabilities. As a result, beta carotene-rich fruits and vegetables, such as carrots, are employed as nutrition and additive in the food and beverage sector. Beta carotene is also high in Vitamin A, which helps to boost the immune system and vision. Owing to rising consumer health preferences for naturally sourced foods and more severe product disposal rules and as a result of the growing "move to organic" trend and increased consumer preference for natural products, the market is growing. Excessive consumption of synthetic beta carotenes has the potential to harm one's health and the environment. The growth of the natural carotene segment will be driven by strict rules restricting the use of hazardous ... Continue reading →

Global Sugar Beet Harvester market is anticipated to grow at a CAGR of 10.8% during the forecast period (2023-2031). An equipment manufacturer for sugar beet harvesting, ROPA North America, plans to grow in Sandusky. The business paid $10,000 to acquire five acres of property from the city's industrial park. On Monday, city council gave its approval to the sale.The business makes, markets, and repairs beet harvesting equipment. It will shortly be situated at 295 Campbell Road. In October 2019, Holmers expands its product range. The new HRO harvesting unit comes in a 6-row configuration with a variable or fixed distance between rows, and it is compatible with the HOLMER Terra Dos T4-30 and Terra Dos T4-40 sugar beet harvesters. You can adjust the spacing between rows to be between 45 and 50 cm. To Request a Sample of our Report on Sugar Beet Harvester Market: https://www.omrglobal.com/request-sample/sugar-beet-harvester-market  Market Coverage The market number ... Continue reading →

Infant formula ingredients market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period. Product innovations and technological improvements are expected to be the primary drivers of market growth. The increasing awareness in developing economies regarding the importance of adequate nutrition for the healthy growth of infants is a key factor promoting the growth of the infant formula ingredients market. Additionally, infant formula brands are adding various organic ingredients to their product following the trend of organic food which is also anticipated to drive the infant formula ingredients market during the forecast period.  Extensive R&D by key manufacturers involved in the infant formula ingredients to develop ingredients as per consumer expectations is further contributing to the market growth. For instance, in 2019, Nestlé S.A. opened a new R&D center in Ireland. The company made an investment of $30.0 million for the same. ... Continue reading →

The global infant nutrition market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031). This growth is notably attributed to the emergence of new and innovative infant nutrition products. These developments are reshaping the landscape of infant nourishment and propelling the global market forward.   Pioneering Product Launches: Golden Corn Maize Cereal by Beech-Nut Baby Food (February 2023)- In a pioneering move, Beech-Nut Baby Food unveiled the Golden Corn Maize Cereal. This infant cereal, crafted from ground corn flour, presents an enticing introduction to solid foods for infants. Designed to be introduced around 4-6 months of age or as per pediatrician's recommendations, this offering sets infants on a delightful journey toward diverse nourishment. Mother Nurture's Wholesome Baby Food Range (December 2022)- Stepping into the Indian market, Mother Nurture introduced a collection of 12 wholesome and nutritious baby food ... Continue reading →

The global in-flight catering market size was valued at $17.5 billion in 2022, and is projected to reach $26.2 billion by 2030, registering a CAGR of 5.9% during the forecast period (2024-2031). Government schemes that allow individuals to travel through the air effortlessly and at low costs is a key factor boosting the market’s growth. For instance, in January 2023, to make air travel more affordable in India, Prime Minister Narendra Modi's NDA administration introduced the UDAN Scheme 2023. People in tier 2 and tier 3 cities may now travel for as little as INR 2,500 ($30.42) per hour under the new UDAN plan. Additionally, International & Domestic Airlines are making flying more affordable and convenient in the form of low fares, which further increases the flight passenger traffic and in turn adds to the growth of the global in-flight catering market. Airlines are also delivering a richer customer experience as the in-flight catering system becomes more ... Continue reading →

The global instant beverage premix market is anticipated to grow at a CAGR of 6.3% during the forecast period. Rising launches of instant beverage premixes with organic and natural ingredients and with functional claims are found to be very appealing to consumers who crave a variety of drinks. Growing health consciousness among consumers is inclining them towards ingredients such as turmeric, ginger, cardamom, lemon, black pepper, clove, mint, cinnamon, and apple cider vinegar, amongst others, which support the digestive system and improve overall health and wellbeing. Consumers are increasingly looking for instant beverage premix made with natural ingredients as a simple way to introduce healthy ingredients into their diets.  Formulators are responding to this demand by offering natural ingredients-based instant beverage premix to attract more customers. For instance, in August 2020, Society Tea introduced Society Cleanse – Green Tea Detox Kahwa Premix, made of ... Continue reading →

Ready to Drink Tea Market is anticipated to grow at a substantial CAGR of 4.9% during the forecast period. Manufacturers of ready to drink tea are launching products with claims such as functional claims for immune function, low/no-sugar formulations, and products which supports common health concerns which are attracting huge population base. These products contain various nutraceutical ingredients and deliver powerful benefits and thus are gaining popularity among health-conscious youth. For instance, in October 2021, Kirin Beverage Co. announced to launch two immunity beverages in Japan by 2022. The products offering will includes Kirin Gogo-no-Kocha Milk Tea Plus and Kirin Namacha Life Plus Immune Assist which contains Kirin’s proprietary Lactococcus lactis strain Plasma, further supporting healthy immune system. Furthermore, in March 2021, Suntory PepsiCo Beverage Company announced launched Suntory TEA+. Suntory TEA+ is a ready-to-drink (RTD) oolong tea in Thailand. TEA+ is ... Continue reading →

The global digestive health drinks and food market is anticipated to grow at a CAGR of 7.4% during the forecast period. Consumers are increasingly shifting towards organic and clean label products that are made of natural, organic, and non-GMO ingredients and deliver functional, plant-based nutrition. Health-conscious consumers are becoming more attentive to product formulation which is inclining them towards health drinks featuring organic and clean labels. Formulators are responding to these trends by offering beverages such as natural ingredients-based digestive health drinks. As a result, companies in the food and beverage industry are well positioning their product to address this demand. For instance, Gist, a prebiotic sparkling beverage brewed with only five organically certified botanical ingredients, launched in 2021. The gist is sold in sleek 12-ounce cans with each can of Gist containing four grams of prebiotic fiber, 14 % of the daily recommended value, from ... Continue reading →

Digestive health products market is growing at a significant CAGR of around 7.0% during the forecast period. Digestive health products intend to boost the immune system of the body, by maintaining the proper functioning of the gastrointestinal tract. The demand for digestive health products is increasing with the rise in the consumption of convenience food and increase in workplace stress. Though, these factors will increase with the rising urbanization and disposable income, leading to the uptake of nutritional supplements, including digestive health products. Along with this, there are several other pivotal factors that are driving the digestive health products market, such as the continuous increase in new market players coupled with the R&D and introduction of newer ingredients and products for digestive health.  Moreover, with the outbreak of COVID-19 pandemic, the concern for health has considerably increased across the globe. The demand for digestive health products to ... Continue reading →