Food & Beverage

The global vegetable oil market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period. The increasing consciousness about health is one of the prime factors affecting and driving the market. For the purpose of maintaining a healthy lifestyle, a good dietary meal plays a very important role that is conveniently provided through vegetable oil. Additionally, increasing awareness related to the adoption of organic health-based products will lead to an increase in the demand for vegetable oil which in turn is driving the growth of the market. The key players present in the global vegetable oil market had been adopting various strategies that include mergers and acquisitions and collaboration to gain major market share. For instance, in March 2021, The Kroger Co. had done the partnership with Drone Express that is a division of TELEGRID Technologies, Inc. in order to provide grocery delivery via autonomous drones for giving customers unparalleled ... Continue reading →

The global nootropics market is anticipated to grow at a CAGR of 14.1% during the forecast period (2024-2031). New and effective product launches is anticipated to drive the demand for nootropics, thereby is driving the market growth. For instance, in March 2023, Beverage label Savvy launched a nootropic-infused beverage range designed to optimize cognitive performance. The beverage range is available in two variants: Savvy Coffee and Savvy Drink. Savvy Coffee comes in coffee pods and coffee powder, both with biodegradable compostable packaging.  Further, in October 2022, Southern California-based nootropics brand Troomy launched its product line of adaptogenic mushroom gummies. Formulated to help support a wide range of lifestyles and functional needs, Troomy Mushroom Gummies are available in a variety of super-powered mushroom blends and flavours. For focus, the company offers Lion's Mane Mushroom Gummies (Tangerine Passionfruit). For Boost, the company offers ... Continue reading →

The oral and dental probiotics market is anticipated to grow at a CAGR of 8.5% during the forecast period. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the oral and dental probiotics market. Governments of different countries are using law and policy to promote the use of oral health services owing to the increasing burden of oral diseases and conditions such as dental caries, periodontal diseases, malocclusion, oro-facial, loss of oral cancers, and others which are affecting more than half of the population globally, nearly 3.5 billion people. Hence, the Government is coming out with policies and initiatives to encourage and improve the entire spectrum of oral health among the population. For instance, the Ministry of Health and Family Welfare, Government of India has envisaged the National Oral Health Program for an affordable, accessible and equitable oral health care delivery for bringing about ... Continue reading →

The global organic baby food market is estimated to record a hefty CAGR of 11.8% during the forecast period. Certified organic products are those which have been produced, stored, processed, handled, and marketed following precise technical specifications (standards) and certified as "organic" by a certification body such as the Soil Association in the UK, the European Union, or the US Department of Agriculture. The organic baby food market has witnessed exceptional growth in recent times owing to increasing adoption of prepared organic baby food due to busy lifestyle, rising number of strategic investments in the organic baby food category, and growing awareness concerning the health benefits of organic foods, among more. Additionally, the global retail industry is on an all-time high as global economies have continued to perform exceptionally well, stimulating retail sales and profitability. The past few years have seen noteworthy developments in the overall retail and ... Continue reading →

The global avocado oil market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The rising number of diseases such as cardiovascular diseases (CVDs) and eye-related disorders is one of the major factors driving the avocado oil market. Due to its high nutritional value and other important nutrients, avocado oil is used in drugs treating such diseases. Avocado oil contains vitamin E and Lutein, which are useful for the eyes. According to the World Health Organization (WHO), around 2.2 billion people aged 50 years and above were diagnosed with near or distant vision impairments. Avocado oil can be used to help in vision impairment prevention. Due to the presence of vitamin E, avocado oil protects against macular degeneration of the eyes and improves eyesight. Macular diseases can lead to vision impairment and blindness. Moreover, the number of CVDs is growing across the globe, which has increased the death rates. According to the WHO, around 18 ... Continue reading →

The global banana flour market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Owing to the Rising Awareness of Clean Labels and Gluten-Intolerance is a growing demand for banana flour during the forecast period. Gluten intolerance (celiac disease) is a fairly common disease. It’s characterized by adverse reactions to gluten, a protein found in wheat, barley, and rye.  According to Celiac Diseases Foundation data 2020, The incidence of celiac disease among women was 17.4 per 100,000 person-years meaning that among 100,000 women followed for one year, a bit over 17 will be diagnosed with celiac disease, compared to 7.8 per 100,000 person-years among men. Celiac disease incidence among children was 21.3 per 100,000 person-years, compared to 12.9 per 100,000 person-years in adults.  Banana flour is gluten-free, making it a good choice for those with gluten sensitivity or Celiac disease. It’s also high in potassium, fiber, ... Continue reading →

 The global banana flour market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Owing to the Rising Awareness of Clean Labels and Gluten-Intolerance is a growing demand for banana flour during the forecast period. Gluten intolerance (celiac disease) is a fairly common disease. It’s characterized by adverse reactions to gluten, a protein found in wheat, barley, and rye.  According to Celiac Diseases Foundation data 2020, The incidence of celiac disease among women was 17.4 per 100,000 person-years meaning that among 100,000 women followed for one year, a bit over 17 will be diagnosed with celiac disease, compared to 7.8 per 100,000 person-years among men. Celiac disease incidence among children was 21.3 per 100,000 person-years, compared to 12.9 per 100,000 person-years in adults.  Banana flour is gluten-free, making it a good choice for those with gluten sensitivity or Celiac disease. It’s also high in potassium, ... Continue reading →

The global butter market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024–2031). Butter is a dairy product that is very popular among consumers. Technological progress has led to a multitude of butter types available on the market, varying in texture and flavor. Butter is the oldest animal fat known to man and occupies an important place among the fat products on the market. Butter is a product with high nutritional value and health-promoting properties, as well as great flavor and aroma values. The quality of milk fat is determined, primarily, by the composition of its fatty acids, the properties of that depend on the length of the carbon chain and the presence of unsaturated bonds. The fatty acid composition of butter varies according to milk origin (species and breed), rearing conditions (feeding) It is a high-fat product manufactured exclusively from cow’s milk as a result of the so-called churning of specially prepared ... Continue reading →

The global Cheese market is anticipated to grow at a considerable CAGR of 7% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For instance: In May 2022, Sargento Foods has acquired Wisconsin-based Baker Cheese Factory. The acquisition allows expansion of  packaged cheese products due to the high demand for cheese snacks and adding new variety of products.  In November 2021, Lactalis has acquired Kraft Heinz Natural cheese business in US. Through this acquisition, Lactalis acquires a portfolio of iconic cheese brands that includes Cracker Barrel, Breakstone’s, Knudsen, Hoffman’s and an everlasting licence for the Kraft brand to be used in natural, grated, and overseas cheeses. Outside of the United States, Canada, Mexico, Venezuela, and ... Continue reading →

 Phytosterols Market is estimated to grow at a CAGR of nearly 9.0% during the forecast period. Emerging demand for natural ingredients in foods, dietary supplements, and cosmetics is primarily contributing to market growth. Increasing consumers’ awareness regarding the health benefits of natural ingredients has increased the demand for plant-extract products. Plant sterols or phytosterols are plant-derived compounds that enable to lower cholesterol level. Several researches have shown that daily intake of phytosterols from plant sterol-enriched foods can significantly reduce serum low-density lipoprotein (LDL)-cholesterol. For instance, an average phytosterol consumption of 2 gram in a day reduces serum LDL-cholesterol by 8%-10%. Good sources of phytosterols in food comprise whole grains, unrefined vegetable oils, seeds, nuts, and legumes. Foods and beverages with added plant sterols are available in several countries across the globe, and some countries including the US ... Continue reading →