According to the report, the global Organic Snacks industry generated $8.7 billion in 2017, and is anticipated to generate $24.03 billion by 2025, witnessing a CAGR of 13.6% from 2018 to 2025. Prime determinants of growth Increase in awareness about health, development in the retail structure, and rise in demand for convenience food drive the growth of the global organic …
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According to the report, the global tea industry generated $55.14 billion in 2019, and is expected to reach $68.95 billion by 2027, registering a CAGR of 6.6% from 2020 to 2027. Drivers, restraints, and opportunities Prevalence of tea consumption culture, different health benefits of tea, increase in awareness about weight loss, and expanding retail sector propel the growth of …
Continue reading “Tea Market Size, Share Remuneration to Surge At 6.6% CAGR Through 2027”
According to the report, the global seaweed industry generated $4.09 billion in 2017, and is anticipated to generate $9.07 billion by 2024, witnessing a CAGR of 12.0% from 2018 to 2024. Prime determinants of growth Rise in demand for seaweeds in the manufacture of hydrocolloids and surge in applications of seaweed drive the growth of the global seaweed market. However, …
Extra virgin coconut oil is unrefined coconut oil, which is obtained by cold pressing liquid from dried or fresh coconut meat instead of using copra, followed by separating oil from the water and milk. There is no significant difference between virgin and extra virgin oil. The reason behind marketing the virgin coconut oil with the …
According to the report, the global fish gelatin market generated $276.1 million in 2020, and is estimated to reach $496.3 million by 2030, witnessing a CAGR of 6.1% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. Numerous health benefits …
According to the report published by Allied Market Report, the global mango butter industry generated $100.4 million in 2019, and is expected to reach $163.4 million by 2027, witnessing a CAGR of 13.0% from 2021 to 2027. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, competitive scenario, and …
The global bakery ingredients market size was valued at $12,960.0 million in 2020, and is projected to reach at $22,592.6 million by 2030, growing at a CAGR of 5.6% from 2021 to 2030. Bakery ingredients are food products that help maintain freshness, softness, & taste; improve shelf life; and increase the protein content in the …
Global Wax Market growth is driven by increase in demand for wax from the candle and packaging industries. Also, increasing applications of wax is projected to pave the way for lucrative opportunities in the industry. By region, the market Asia-Pacific had the lion’s share in 2020, generating nearly one-third of the global wax market. The …
The online food delivery is a service that allows the user to order food from a desired food outlet via the internet. This can be done either by going directly to the website and placing an order or by using a mobile phone application. The introduction of online food delivery system has been a convenient addition, which …
According to the report, the global edible cutlery industry was pegged at $27.2 million in 2019, and is expected to reach $56.9 million by 2026, registering a CAGR of 11.1% from 2019 to 2026. Incentives for market growth Growing use of edible cutlery in the airlines industry and introduction of various flavors- and colors-based edible cutlery drive the growth of the …
