The fermented drinks market is expected to grow at a compound annual growth rate of 24.19% over the forecast period to reach a market size of US$3,799.830 million in 2025 from US$1,305.525 million in 2019. Fermented beverages have emerged as one of the most commonly consumed beverages around the world. Over the past few years with gradual improvements in fermenting techniques along with increased investments in research and development in other processing technologies have led to t Read more...
The global vegetable juice market is expected to grow at a CAGR of 6.39% over the forecast period to reach a total market size of US$56.753 billion by 2025, increasing from US$39.136 billion in 2019. Vegetable juice is often made primarily of blended vegetables and is gaining popularity among the millennial population around the globe. Change in consumer taste and preference, adoption of a healthier lifestyle is expected to drive the growth of the market during the forecast period. In ad Read more...
The global bottled water market is projected to grow at a CAGR of 7.18% to reach US$172.773 billion by 2025 from US$113.971 billion in 2019. The ever-increasing consumer awareness regarding health benefits that result from consuming bottled water is one of the drivers that is estimated to drive the market during the forecast period. Further, the emergence of beverages engineering has come along in such a manner that there are a plethora of choices at the disposals of the consumers Read more...
The global milk powder market is estimated to increase at a CAGR of 4.03% from a market value of US$30,528.520 million in 2019 to achieve a market value of US$39,113.500 million by the end of 2025. Milk powder or dried milk find suitability in those operations where there is a lack of immediate access to adequate refrigeration methods and dairy products. The dried milk product is obtained by the removal of water from milk. The main motive of manufacturing dried milk lies in the conversio Read more...
The global instant coffee market is expected to grow at a CAGR of 5.13% over the forecast period to reach a total market size of US$42,391.456 million by 2025, increasing from US$31,399.183 million in 2019. Instant coffee is made from coffee beans that have been roasted and ground, it enables consumers to quickly prepare hot coffee just by adding hot water or milk to the crystals or powder. Coffee consumption is changing around the globe especially in the urban areas and with the growing Read more...
Russia instant coffee market is projected to attain a market size of US$2,663.561 million by the end of 2025. The rising number of consumers of different type of coffee, specifically instant coffee, has led the beverage to gain popularity in the country and pulled the Russia instant coffee market to a significant position in Europe Russia is considered to be one of the largest instant coffee consumer in the European region. The popularity of coffee has grown has slowly ingrained Read more...
The Netherlands instant coffee market is anticipated to decline by 2.16% during the forecast period. According to the information provided by the Center for the Promotion of Imports (CBI), the total coffee consumption amounted to approximately 1,404 tonnes in 2018. Out of this, the consumption of single-serve and coffee pods was recorded to be 31% in the Netherlands, where the retailers are expanding their single-serve assortments. One of the major reasons for the growth and rise in the c Read more...
South Korea instant coffee market is projected to decline by 4.21% during the forecast perido. The affordability of coffee among the middle income and the lower-income individuals and the importance of the South Korean coffee culture Different types of coffee such as cold-brewed coffee and pod coffee has taken a place as an important culture in the South Korean coffee culture these days and have led to a rise in popularity among a large number of individuals. This has led to risi Read more...
Finland instant coffee market is estimated to be valued at US$14.472 million in 2019 and is anticipated to experience a slight decline in market growth during the forecast period. The rich coffee drinking culture among the Finnish consumers and the preference of consuming light roast coffee The coffee culture of Finland is one of the considered to be among the richest coffee cultures in the European region. Lightly roasted coffee is preferred in this region and is referred to as the l Read more...
Sweden instant coffee market is projected to decline by 2.77% during the forecast period. Sweden is considered one of the countries in the European region after Finland and Scandinavia, which has one of the highest consumptions of coffee by the different age groups and the exuberance of its coffee culture. The workplaces in Sweden follow a common workplace culture, which is referred to by the term “fika”, which essentially translates to have a coffee. According to this practic Read more...
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