Food & Beverage

Digestive Health Supplements Market is anticipated to grow at a significant CAGR of around 8.6% during the forecast period. The market is highly competitive with the presence of many players. High investments in R&D activities and product innovation have led them to gain major market share in the global mark. For instance, in March 2021, Pantheryx Inc announced that it had acquired TruBiotics, a probiotic supplement brand, and its trademarks from Bayer HealthCare LLC. The TruBiotics brand joined PanTheryx’s current brands and ingredient offerings, including Life’s First Natural, dairy colostrum, and prebiotics, to create a full spectrum of nutritional supplements that support comprehensive digestive and immune health at all stages of life. Manufacturers are doing many experiments with new formulations and production of probiotics, incorporating multiple strains, especially in supplements to offer consumers high-quality products with the added benefit of immunity. ... Continue reading →

In the hustle and bustle of modern family life, finding time to plan and prepare meals can be a daunting task. With packed schedules and endless to-do lists, meal planning often takes a backseat, leading to last-minute takeout orders or unhealthy fast food choices. But what if there was a solution that could simplify meal planning and make life easier for busy families? Enter Tiffin Services – the secret weapon for modern families seeking convenience without compromising on taste or nutrition. In this blog post, we'll explore how Tiffin Services can revolutionize the way busy families approach mealtime, offering convenience, variety, and delicious homemade meals that the whole family will love. The Daily Juggle: Understanding the Challenges of Meal Planning for Busy Families Life as a busy family is a whirlwind of activity, from morning drop-offs to evening practices and everything in between. Amidst the chaos, finding time to plan and prepare meals can feel like an ... Continue reading →

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 for sustainable living. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications.  Recent Developments- In March 2023, PerfectTed launched its Matcha Energy Drinks in Tesco. The range includes three unique flavors Pear Ginger, Apple Raspberry, and Pineapple Yuzu, each combining matcha green tea, sparkling water, and real fruit juice. In June 2023, Starbucks introduced a limited-edition Starbucks Matcha Latte with Honnori Hojicha to its convenience store shelves in Japan. The "chilled ... Continue reading →

Global beef market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). The increasing demand for beef, particularly in emerging economies with expanding middle-class populations has created demand for proper supply chain of beef. Therefore, key players operating in the global beef market are adopting advanced platforms to increase transperancy in the beef supply chain. For instance, in January 2024, Vytelleannounced an exciting partnership with Blocktrust Network, an innovative platform focused on improving transparency and efficiency in the beef supply chain. This pioneering collaboration marks the first of its kind and brings together Vytelle's expertise in curating the world's largest feed efficiency database with Blocktrust Network's API-driven approach. Together, the entities aim to target the feeder cattle market and leverage their unique strengths to drive advancements in the industry. Further, in April 2021, Tyson ... Continue reading →

Fruit Concentrate Market is anticipated to grow at a moderate CAGR of 4.7% during the forecast period (2024-2031). The market for fruit concentrate is largely driven by the growing food and beverage sector. They are essential components of many different products, such as smoothies, ice creams, yoghurts, baked goods, nectars, baked goods, and more. They are used in food preparation for a variety of purposes, including natural sweetening, flavour enhancement, colour addition, and texture improvement. Compared to fresh fruits, concentrates are easier to handle, store, and transport, making them a handy choice for both producers and consumers.  Concentrates have a longer shelf life since the procedure of removing water content helps to preserve the product by preventing microbial growth. Owing to longer shelf life and lower chance of spoiling, it is a sensible option for producers, distributors, and customers. Therefore, in February 2023, Tropicana expands its product range with new ... Continue reading →

The global frozen meat market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. Seasonality issues of meat production are one of the major contributors fuelling to the growth of global frozen meat market. Certain meat products are only accessible in particular seasons which pose a great challenge for meat industry. To serve this demand for meat and meat products and to overcome the issue of seasonality, manufacturers are inclining towards introducing various types of frozen items in this category. This factor is increasing the demand for ready-to-eat food as food service industries increasingly adopting frozen meat in place of fresh meat to full-fill the year-round demand for meat based dishes. This scenario is anticipated to provide potential opportunities for the global frozen meat market. While the demand for frozen meat products continues to increase traction strongly, meeting these demands is becoming a great challenge for companies. For instance, ... Continue reading →

The global hams market is anticipated to grow at a considerable CAGR of 4.4% during the forecast period. The COVID-19 pandemic created awareness among consumers towards food, its composition, nutrient content, and the health impact of certain foods. This paved a way for people to shift their food preferences towards healthy alternatives such as organic foods. This in turn gives a global shift for organic foods. According to the Organic Trade Association (OTA), organic food sales jumped 12.8% to $56.5 billion in 2020. Non-food sales rose 8.5% to $5.4 billion, representing about 8.8% of the total organic product sales. Organic foods occupy prominent shelf space, especially in mainstream the US food retailers. Most usually bought organic goods include fruits, vegetables, cereals, grains, spices, pulses, drinks, dairy products, meat, and poultry. Organic shoppers who tend to be more conscious about their impact on the land and environment are inclined towards organic hams made ... Continue reading →

Global hydrotreated vegetable oil market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031). Policies and incentives like mandates for biofuel blending, taxes, incentives, and subsidies are being implemented by governments across the globe is a key factor driving the growth of the global market. To meet the growing demand for biofuels key players are investing in new production facilities. For instance, In January 2024, Eni moves ahead with conversion of the Livorno refinery into a bio-refinery. The project, first announced in October 2022. It includes the construction of three new facilities for the production of hydrogenated biofuels which is a biogenic feedstock pre-treatment unit with a 500,000 tonnes/year Ecofining plant capacity and a facility to produce hydrogen from methane gas. Further, in December 2022, Cepsa invested 3 billion euros in Andalusia to build the largest green hydrogen hub in Europe. Cepsahas generated 10,000 ... Continue reading →

Microencapsulate Food Ingredient Market is anticipated to grow at a high CAGR of 9.1% during the forecast period. The major factors for the growth of the market include the increasing need for tackling  the malnutrition problem across the globe, along with the increasing need for functional food products among people, as they are becoming more health conscious. All these factors combined, will fuel the growth of the market during the forecast period. According to the WHO, around 45% of death among the children whose ages are  less than 5 years is  caused by malnutrition. This will further increase the demand for the functional foods and healthy pharmaceutical products during the forecast period. Microencapsulation helps in timely and targeted release of the nutrients. Along with that, it also provides the ability to keep nutrients safe which are sensitive to the outer environment without tampering with their taste, smell, flavor, shelf life, and many other aspects. In ... Continue reading →

The global pawn shop market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period. Pawn shops are also known as pawn broking. It is the traditional means of obtaining money in less time. This money is given as a loan against certain possession of the loan borrower. If the borrower does not repay the principal amount with interest after the decided maturation date of the loan, the possession of the borrower is fortified, and the pawn shop owner can resell it to other customers again. The primary factor supporting the market growth includes the ease and discounts that pawn shops offer to individuals. The pawn shop is a unique venue for cash loans and selling or purchasing a broad range of products, including jewelry, tools, electronics, rifles, and other retail items, at a payment cost agreed upon by both parties.  Another key factor bolstering the growth of the market includes the growing development and launches of online pawn shops and ... Continue reading →