Food & Beverage

The global natural food colors & flavors market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The companies are launching, developing, and investing in the development of various natural food colors and flavors based on either plants or animals. The market player’s strategies for providing a wide range of products in the market are expected to fuel the market growth over the forecast period. For instance, in April 2022, the Netherlands-based company, GNT launched the first organic colors made with safflower. GNT launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg’ green is made from organic safflower and organic spirulina. In September 2021, the US Food and Drug Administration (FDA) approved butterfly pea flower extract as a color additive in response to a petition by Sensient’s Color Group. The “exceptionally heat ... Continue reading →

Tea Bag Market is expected to grow at a CAGR of 5.5% during the forecast period. Teabags are the most convenient form of tea that is consumed as it is a faster and easier way. The factors that fuel the global tea bag industry include the premiumization trend market, which pushes the consumers to invest more in the products that are convenient as well as healthy and natural thus escalating the market revenues over the forecast timeframe. However, the preferences of consumers towards the loose tea in comparison with the tea bag as loose tea is better in taste and even smells better, which is expected to hamper the tea bag market growth during the forecast period.  Tea bags are manufacturers with various materials, which are treated with epichlorohydrin, a compound that is utilized for the production of epoxy resins. Epichlorohydrin is known to cause cancer in animals, suppress the immune system and infertility. To overcome such limitations the key players are continuously ... Continue reading →

Global black tea market is growing at a CAGR of 6.8% during the forecast period (2024-2031). The market is experiencing significant growth due to factors such as rising awareness about the health benefits associated with tea, the rising demand from SMEs and various industry verticals, and macroeconomic growth. The rising awareness about the health benefits associated with black tea is grabbing the attention of health-conscious consumers and the growing production capacity of black tea across the globe is supporting the global black tea market growth. The total tea production globally in 1998 was 2,963,000 tons. Among them, 22,400,000 tons were black tea (75.6% of the total tea production). There are 40 countries globally producing black tea. To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/black-tea-market Production Statistics of Top 5 Black Tea Production Countries ... Continue reading →

Global green tea market is expected to grow at a CAGR of 6.3% during the forecast period (2024-2031). The market is anticipated to grow due to the increasing preference for green tea among the young population globally. The preference is backed by its health benefits including weight management, improved digestion, and stress relief. It is also found to fight against cancer cells and possesses anti-inflammatory properties. The other health benefits include the reduction of LDL cholesterol and relief from head and body aches. Additionally, the rising preference for functional beverages among millennials is driving market growth, especially in major tea countries such as China and India and has emerged as the fastest-growing segment. Further, the general rise in tea consumption around the globe is contributing considerably to the industry's growth.  To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/green-tea-market ... Continue reading →

Algae supplements market is anticipated to grow at a significant CAGR during the forecast period. Algae is a set of micro-organics that performs the photosynthesis process, a process to covert carbon-di-oxide into fats and proteins in the presence of sunlight. Algae supplements include algae oil as a major component that is a plant-based source of docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). It mainly consists of omega-3 fats and is also used as an alternative to fish supplements for vegetarian consumers.  The increasing concern to utilize a plant-based diet as an alternative to a meat-based diet among consumers is expected to boost the growth of the market during the forecast period. The rising health awareness across the globe for a better lifestyle and substantially growing demand for algae supplements in the sports and fitness sector is anticipated to drive the global algae supplements market. Additionally, the vast portfolio of algae supplements in terms ... Continue reading →

The global butter market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2023–2030). 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 caramel ingredients market is anticipated to grow with a significant CAGR during the forecast period. The general process to manufacture caramel is "caramelization" which can be obtained by any type of sugar. In the process, the sugar is heated slowly to 170 oC, due to which, the molecule breaks down and caramel is formed which has a deep, rich flavor and dark golden brown color. It is one of the oldest flavor used in the confectionery and bakery item all across the globe and still maintaining strong acceptance among people. Carmel ingredients are commonly used in a range of classic products that are still popular among people such as pralines, cakes & pastries, ice cream, and many more.  Moreover, caramel ingredients are also used as a food colorant all across the globe. These caramel colorants impart color in numerous foods and beverages including colas, soy sauce, seasonings, bread, pet foods, cereals, without changing the flavor of the ... Continue reading →

The global food pathogen testing market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2023-2030). An increase in foodborne illness globally drives the demand for food pathogen testing solutions. These illnesses are often a result of consuming contaminated food items containing toxins, parasites, viruses, and chemicals. As per Centres for Disease Control and Prevention (CDC) 76 million foodborne illnesses, including 325,000 hospitalizations and 5,000 deaths, occur in the US each year. Salmonella, Campylobacter, Shigella, Cryptosporidium, and Shiga toxin Escherichia coli are the leading causes of foodborne infections in the US. According to the US Department of Agriculture (USDA), foodborne illness costs the US economy $10-83 billion per year. Over 200 diseases are caused by eating food contaminated with bacteria, viruses, and chemical substances such as heavy metals. This growing public health concern has a significant socioeconomic impact ... 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 ... Continue reading →

Hard tea market is anticipated to grow at a significant CAGR of 23.2% during the forecast period. The growing awareness towards low content alcoholic beverages among people is driving the demand for hard teas across the globe during the forecast period. A Hard Tea is a, tea-based water with any flavour of choice with low alcohol content and no-to-low sugar with very less calories.  High alcohol content beverages has harmful effect on health such various disease and death also. Nonalcoholic beer, nonalcoholic wine or even spirits and other types of nonalcoholic drinks like shrubs or kombucha are gaining pull. Due to this the consumers mind is shifting towards other low content alcoholic beverages which is boosting the demand for hard tea. For instance in January 2019, Heineken International B.V. launched “Heineken 0.0”, an alcohol-free malt beverage brewed with a unique recipe for a distinct, balanced taste with only 69 calories per bottle. Heineken's master ... Continue reading →