Rise in per capita income, health benefits associated with tea, and introduction of new flavors in tea industry are anticipated to drive the growth of the global ready-to-drink tea market in the future. The global ready-to-drink tea market size was valued at $29.66 billion in 2019, and is anticipated to reach $38.96 billion by 2027, …
Category Archives: Food and Beverages
Alcohol Gummies Market is to hit USD 16.3 Mn by 2031 and grow at a growth rate of 4.3% over 2022-2031
According to a new report published by Allied Market Research, titled, “Alcohol Gummies Market,” The alcohol gummies market size was valued at $10.9 million in 2021, and is estimated to reach $16.3 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031. Most frequently, vodka, whiskey, tequila, rum, and gin are used to …
U.S. Baby Infant Formula Market Size ( CAGR of 8.6% ) Share, Growth, Trends, Places, Key Players, Segmentation and Outlook By 2030
According to the report published by Allied Market Research, the U.S. baby infant formula market was estimated at $3.88 billion in 2020 and is expected to hit $6.78 billion by 2030, registering a CAGR of 8.6% from 2021 to 2030. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, …
Microalgae Industry Valuation Worth $1.48 billion by 2028, Grow At a CAGR of 5.4% From 2021 to 2028
As per the report published by Allied Market Research, the global Microalgae Market was accounted for $977.3 million in 2020, and is estimated to reach $1.48 billion by 2028, growing at a CAGR of 5.4% from 2021 to 2028. Rise in vegan population to strengthen product adoption, high protein concentration as compared to counterparts, multiple benefits of …
BBQ Charcoal Market projected to grow at a CAGR of 4.8% and to reach $3.3 billion by 2031
Competition in this BBQ sector is growing every passing day due to the popularity of this concept. This will continue for some time, but competition and rivalry provide a great opportunity to improve and understand new trends in the industry. Every other day, a new restaurant opens up with the same theme and domain which …
Tea Bags Market Size Projected to Reach $12.9 Billion by 2031 With CAGR of 7.6%
The tea bags market was valued at $6.1 billion in 2021, and is estimated to reach $12.9 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031. Tea bags is a small porous sachet that contains tea leaves or powdered tea, on to which boiling water is poured to make readily drinkable …
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Isoflavones Market Size Expected to Reach $1,707.5 Million by 2030
The global isoflavones market size is expected to reach $1,707.5 million by 2030 at a CAGR of 5.8% from 2021 to 2030. Isoflavones are a type of organic compound that is related to flavonoids and act as a phytoestrogen. Soybeans, red clover, chickpeas, green peas, and alfalfa are its common sources. They are used in …
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Drinking Yogurt Market to Witness Heightened Revenue Growth During the Forecast Period – 2031
According to a new report published by Allied Market Research, titled, “Drinking Yogurt Market,” The drinking yogurt market was valued at $34 billion in 2021, and is estimated to reach $62.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031. In 2021, the flavored drinking yogurt segment accounted for the majority …
Hard-Boiled Confectionery Market Size Estimated to Reach $21.3 Billion by 2031
The hard-boiled confectionery market size was valued at $15.6 billion in 2021, and is estimated to reach $21.3 billion by 2031, growing at a CAGR of 3.2% from 2022 to 2031. The market growth is propelled by several factors such as product innovations, a rise in the trend of gifting confectionery, economic growth, a rise …
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Citric Acid Regulators Market to be worth $3.1 billion, Globally, by 2031 | Tate & Lyle, BASF SE, Cofco, TTCA, Co., LTD
According to a new report published by Allied Market Research, titled, “Citric Acid Regulators Market,” The citric acid regulators market size was valued at $1.8 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031. Citrus fruits such as lemons, grapefruit, limes, and …