Food & Beverage

The global gluten-free foods and beverages market is estimated to grow at a CAGR of nearly 8.4% during the forecast period. With the growing prevalence of celiac diseases and increasing preference of adults towards gluten-free diets, there is an increasing focus of market players towards ingredients usage in their products to deliver proper health benefits to the consumers. As a result, the market players are focusing on strategic initiatives such as product launches and mergers and acquisitions, to gain competitiveness in the market. Mergers and acquisitions can support the manufacturers of gluten-free foods and beverages to increase their product portfolio with some renowned brands and further accelerate its innovative capabilities in the market. Some key mergers and acquisitions in the market include- In January 2020, Quinoa Corp., the parent company of Ancient Harvest, acquired Pamela’s brand. This acquisition will strengthen the ability of the company to expand ... Continue reading →

The global halal food and beverage market is expected to grow at a CAGR of 5.5% during the forecast period. Muslims are the fastest-growing religious group in the world. Around 25% of the global population is Muslim and is the world’s second-largest religion after Christianity and most of the Muslims live in Asia-Pacific. This, in turn, is driving the demand for halal products as Muslims prefer to consume halal products. Halal meat is considered healthier as after slaughter the blood is drained from the animal’s body, which removes all toxins and becomes bacteria-free. Also, halal meat is free from antibiotics, preservatives and other chemicals. As a result, the demand for halal meat is growing significantly in several countries. Further, the market players are focusing on strategic initiatives such as mergers and acquisitions, new product launches, and others. Recent Strategic Initiatives In February 2022, Chicken Cottage IP Limited entered the East-African ... Continue reading →

Squalene Market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. According to Cosmetic Info, squalene is found in large quantities in shark liver oil, and in smaller amounts in olive oil, wheat germ oil, rice bran oil, yeast, and in various other foodstuffs. It is the principal hydrocarbon of human surface lipids. It constitutes up to 11.0% of total surface fat and approximately 5.0% of adult skin surface sebum. In higher vertebrates and humans, it is a precursor of cholesterol. According to Cosmetic Europe, the personal care association, cosmetics, and personal care industry was valued at $94.4 billion at retail sales price in 2021. Moreover, according to the same source, squalene act as a lubricating skin conditioning agent, which gives the skin a soft, smooth appearance, as well as a hair conditioning agent. According to the 2020 US Food and Drug Administration (FDA) Voluntary Cosmetic Registration Program (VCRP) database, squalene and squalene ... Continue reading →

???? ️ Market Overview: According to the most recent research study by Kings Research, the Trade Finance Market Size will reach USD 70.62 Billion by 2030 from USD 48.17 Billion in 2022, showcasing an 5.09% CAGR growth from 2023 to 2030. The latest global forecast report provides a comprehensive outlook on Trade Finance Market share, offering invaluable insights into emerging trends in 2024, market dynamics, and growth opportunities on a global scale. The Trade Finance market presents a dynamic and diverse environment, comprising various segments and potential avenues for expansion. The report provides a comprehensive overview of the market dynamics, including industry segmentation, research methodologies, growth drivers, regional perspectives, and the competitive landscape. By delving into the growth prospects and innovation-focused nature of the Trade Finance market, businesses can acquire valuable insights as industries continue to evolve. ???? ️ Market Trends: The current ... Continue reading →

Global brandy market is anticipated to grow at a CAGR of 11.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing consumer preference for premium and high-quality alcoholic beverages. As disposable incomes rise and consumer tastes evolve, there is a growing demand for luxury and upscale products, including premium brandy variants. Additionally, the rising popularity of cocktail culture and mixology has further contributed to the demand for brandy as a key ingredient in a variety of cocktails. Moreover, brandy's versatility as a sipping spirit, as well as its use in cooking and culinary applications, has broadened its appeal across different demographics and occasions. Recent Developments- In September 2022, Bacardi India launched Good Man, its first domestically manufactured brandy in the Indian market. This strategic initiative establishes Bacardi as the exclusive global spirits company offering premium brandy ... Continue reading →

Cyclodextrin Market is anticipated to grow at a significant CAGR of around 4.9% during the forecast period. The growing use of cyclodextrin in pharmaceutical industry is propelling  the market growth. Cyclodextrins are used to improve the aqueous solubility of poorly soluble drugs in pharmaceutical and nutraceutical products. They convert liquid drugs into microcrystalline powder or amorphous powder, which is then used to make tablets. They also reduce the irritation caused by gastrointestinal medications. Because of these factors, cyclodextrin has a high drug compatibility and is primarily used in pharmaceutical formulations. As it is less expensive and more readily available than other cyclodextrins, beta cyclodextrin is widely used in the production of Remdesivir injections as well. For instance, in March 2020, Gilead Sciences, Inc., an american biotech company, discovered and developed Remdesivir (GS-5734), a promising antiviral agent marketed as 'Veklury' for the ... Continue reading →

Cultured meat market is anticipated to grow at a considerable CAGR of 17.9% during the forecast period. The major factor driving the demand for cultured meat includes the rising consumption of meat coupled with the increasing demand for nutritional meat. Further, the growing funding for companies producing cultured meat and government initiatives to promote sustainable and nutritional food are some of the factors anticipated to fuel the demand for market growth.  For instance, in June 2022, Israeli food tech SuperMeat received a grant from the Israeli Innovation Authority to establish an open-source screening system to aid the cultivated meat industry. SuperMeat claims its new high throughput screening system for optimizing cultivated meat feed ingredients, which will accelerate the burgeoning cultivated industry toward commercial viability. The fresh grant funds will support the open high-throughput screening system for cultivated meat feed ingredients, further significantly ... Continue reading →

The global energy bar market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. Increasing innovation and demand for different flavors and textures in healthy snack options is likely to come up as a prospective driver for the growth of the global energy bar market. People are increasingly looking for good taste along with healthy ingredients and texture of the energy bar. Due to this increasing demand manufacturers are focusing to deliver a wide range of energy bars with high energy content and ingredients like fruits, cereals, grains along with different flavors such as chocolate, brownie to satisfy people’s taste buds. Manufacturers are continually making efforts to remain competitive in the market by producing bars that are able to be the best of both worlds.   For instance, in 2021, An Indian startup Fuelled Nutrition, launched the first ever microwavable protein bars. Each bar consists of 15 gms of protein and helps one to ... Continue reading →

Energy drink market is anticipated to grow at a CAGR of around 6% during the forecast period. Energy drink usually constitutes caffeine along with other mental and physical simulators that are used for providing instant energy to an individual. Nowadays, energy drinks are available in various flavors with vitamins or carnitine, in the market. Energy drinks also come in the no-calorie and sugar option which further enhance its adoption by fitness-conscious population and sports persons. This, in turn, will impact the growth of the energy drink market during the forecast period. Additionally, the rapid adoption of energy drinks by the teenage population across the emerging as well as developed economies will drive the growth of the energy drink market. In addition to this, the increasing purchasing power of the middle-class population is also anticipated to surge the consumption of energy drink thereby contributing significantly to the market growth. However, the increasing ... Continue reading →

The global energy gum market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast period. Increasing participation in sports activities and events is increasing the adoption of supplements by fitness enthusiasts to enhance endurance, strength, and stamina.  Growing demand for energy supplements by millennial and senior citizens to gain energy, strength, and muscle health. Additionally, increasing the adoption of supplements from gym-goers as per the information provided by the MuscleBaze, 40% of gym-goers consumed whey supplements in 2019 in India. Additionally, the consumption of energy gums in current years has increased while playing sports, studying, and business meetings to mitigate the effects of sleep deprivation and boost up their stamina. For instance, in September 2020, Razer launched chewing gum aimed at boosting focus and reaction time in games. it gum was named ss 5Gumto made by  “Respawn by 5 Gum” and it is available in ... Continue reading →