Food & Beverage

The global dry yeast market size was valued at $4.5 billion in 2022, and is projected to reach $7.3 billion by 2030, registering a CAGR of 7.1% during the forecast period (2024-2031). Pet owners have become increasingly conscious about the health & well-being of pets captivating towards organic formulations, unfolding growth opportunities for the dry yeast market. Increasing demand for vegetarian and vegan pet food in European countries. From being a product belonging to a niche segment, dry yeast has transitioned to one of the top performing categories in the animal feed industry. Vegan diets have recently been implemented in the pet food market, creating possible moral discomfort to vegetarians and vegans who share their homes with omnivorous and carnivorous pets. Pet food producers commonly use dry yeast for the production of animal-free pet food as it improves the nutritional content as well as the quality of pet food. The production of active dry yeast is mainly ... 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 sugar alcohol market is expected to grow at a CAGR of 5.6% during the forecast period. The increasing use of sugar alcohols in the production of beverages, dairy products, and confectionery is the major factor driving the growth of the market. Sugar alcohols are suitable for a wide range of uses in the food and beverage industry owing to which it contributes to the ever-increasing demand to reduce the sugar content in products such as soft drinks, dairy products, and baked goods without losing the desired sugary taste. The food and beverages market is rapidly expanding as the interest of consumers in beverages brings more product variation to the market. Increasing demand from the food and beverage industry is expected to promote sugar alcohol and will have a positive impact on the market growth.  Moreover, the extensive use of sugar alcohols in the bakery and confectionery sector is further anticipated to drive market growth. Sugar alcohol is increasingly ... Continue reading →

Fat replacers market is projected to grow at a CAGR of 6.3% during the forecast period. The key factors that drive the growth of the market include the wide range of product applicability of fat replacers in all types of food and beverages. Increased awareness regarding health & wellness among people along with the rapidly rising rate of obesity and associated health problems are some of the major factors that create demand for low-calorie food and hence drive the growth of the fat replacers market over the forecast period. Fat alternatives that have similar chemical and physical properties as regular fat are referred to as fat replacers. These contain fewer calories and are highly stable in nature, and often used in the production of low-fat and low-calorie foods. Fat replacers are primarily produced from proteins, carbohydrates, lipids, and sometimes combinations of these product types. Further, there is a significant rise in the food & beverage industry across the globe ... Continue reading →

The global flavored syrups market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. Flavored syrups are used in beverages as a topping for yogurts, as power used in food and soft drinks, and can used directly on the top of waffles, pancakes, etc.  Flavored syrups are used in cold and hot beverages such as iced tea, coffee, mochas, flavored sodas, and customized cocktails and mocktails. Consumers prefer different flavored syrup in their beverages such as chocolate, maple, caramel, vanilla, etc. due to which many companies had come up with different flavors which increases the market size of flavored syrups. For instance, in January 2021, Torani Launched new signature syrups - Eight All-Natural Syrup Flavors with no added preservatives. Torani signature natural syrups are available in vanilla, hazelnut, caramel, raspberry, strawberry, irish cream, blood orange, and lime flavors which can be ordered through select distributors and online ... Continue reading →

Antioxidants Market is anticipated to grow at a significant CAGR of around 5.5% during the forecast period. In Food and beverage industry antioxidants are gaining momentum and are currently an important additive. The rapid increase in consumer awareness about several benefits of the additive in preventing chronic diseases such as diabetes has utilized additive. Growing demand and consumption of processed foods, that contain antioxidant compounds are propelling the market growth. The presence of antioxidants prevents oxidation and extends the shelf life of food that's why various players in the market are growing developing on antioxidants. For instance, In April 2021, Cosphatec launched an innovative, sustainable antioxidant that offers unique properties for optimum product protection and ease of application.  It not only protects against oxidation of the fatty phase but also acts as an active ingredient to protect the membrane lipids of the skin. A few major threats are ... Continue reading →

Beer can market is projected to grow at a considerable CAGR of 3.0% during the forecast period . Beer is currently the highest consumed alcoholic beverage across the globe. According to the World Health Organization (WHO), in 2016, the beer holds 51% of the share in the overall alcoholic beverage consumption. The increasing consumption of beer across the globe is anticipated to drive the growth of global beer can market. Cans are anticipated to be a preferred choice of beer manufacturers for doing promotional events such as the release of limited-edition beer cans.  The considerable increase in the demand for highly portable packaging of beer including protection from the external environment such as harmful UV rays is expected to drive the growth of the beer can industry across the globe. An increase in awareness regarding the sustainable form of packaging is anticipated to drive the growth of the beer can market across the globe. However, the shift in preference of consumers ... Continue reading →

Black pepper, also known as black peppercorn, is commonly used as a pungent and hot- tasting powder spice. These dried berries are obtained from vine piper nigrum and further go through various processes such as cooking, cleaning, and drying which results in the form of black pepper oils, spirit and spice. Where the oil is used in ayurvedic supplements, spirit is used in cosmeceuticals as well as in medicinal products, and the spice is used for culinary purpose. Black pepper consists high concentration of potent, beneficial plant compounds such as Vitamin A, Vitamin C, flavonoids, carotenes and other anti-oxidants which induced in prevalence of scabies, bronchitis, neuralgia, vitilligo and stomach infections. The global black pepper color market is anticipated to  grow at a CAGR of 5% during the forecast period 2024-2031. Based on the application segment of black pepper market- the food & beverages industries and skin care industries are key factors which extensively driving ... Continue reading →

The global cold chain frozen foods market is expected to grow at a significant CAGR during the forecast period.  Frozen meats such as cattle, poultry, and pork are transported using a cold chain. Cold storage facilities are frequently used to transport frozen bakery products such as cakes and breads. Milk and dairy products, likewise, have been linked to food borne illnesses and are thus strictly regulated. The usage of cold chains in the food and beverage industry can prevent food quality deterioration.  A major factor driving the market growth is the development of retail channels and chains in the form of supermarkets, hypermarkets, and convenience stores. Furthermore, retail chains have progressed to the point that several companies now have their own chilled storing facilities. Large food retail chains such as Walmart, Tesco, Spar, and 7-Eleven are growing their stores in established countries such as the UK, Germany, and the US, and in emerging markets such as China, ... Continue reading →

Powdered soft drink market is anticipated to grow significantly at a CAGR of 2.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2022, soft drink company Monster Beverage Corp. announced that it has acquired the Perrin Brewing Co. With this acquisition both the company will provide a full in-place infrastructure, including people, distribution, and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry. In addition, in July 2020, Neuro brands LLC has introduced a new line of powdered drink mixes. The new mix is a new version of neruoSLEEP and neuroIMMUNE beverages. In conjunction with a healthy diet, neuroIMMUNE provides a great ... Continue reading →