The global rice bran oil market is estimated to augment at a CAGR of 4.51% from a market size of USD1.346 billion in 2019 to grow to a market size of USD1.754 billion by the end of 2025. Rice bran oil is extracted from the outer layer of rice, the outer layer of rice is known as bran. According to the International Rice Research Institute (IRRI), 100 kilograms of paddy will produce 5-10 kilograms of bran approximately. The extracted rice bran is a mixture of nutritious substances which i Read more...
The global sauces and dips market is projected to soar at a CAGR of 6.97% from a market size of USD138.195 billion in 2019 to a market size of USD207.049 billion by the end of 2025. The sauces and dips market is estimated to propel in the forecast period due to the prevalence of using sauces, dips, dressings, and condiments on a large scale, in addition, these are integral to the global food culture. The traditional way of lifestyle included home-made sauces and dips utilizing fresh and Read more...
The global craft spirits market is estimated to grow at a CAGR of 32.61%% from a market size of USD15.289 billion in 2019 to a market size of USD83.147 billion by 2025. The crafts spirit market is propelled to grow during the forecast period due to the growing beverage industry worldwide offering innovative beverages as per the evolving market needs. The crafts spirit is a distilled spirit or a liquor that is distilled as compared to the wine and beer that are fermented. The crafts spiri Read more...
The frozen food packaging market is projected to grow at a CAGR of 5.05% to reach a value of US$28.537 billion by 2025, from US$21.234 billion in 2019. The changing lifestyle, taste and preferences of the individuals has resulted in an increased demand for the different types of convenience food, which is causing a surge in the demand for frozen food packaging solutions The growth in urbanization has paved the way for a surge in the disposable income of the individuals and increased t Read more...
The wine bottle closure market is projected to grow at a CAGR of 6.43% to reach US$4.642 billion by 2025, from US$3.194 billion in 2019. Increasing consumption of wine among the women population due to its health benefits and its popularity The consumption and popularity of wine are rising among the population, particularly more in the women individuals as compared to men as wine is able to help them able to relax and relieve them from anxiety and stress as they are involved in rigoro Read more...
The global processed food market is projected to grow at a CAGR of 6.01% to reach a value of US$2,041.271 billion by 2025, from US$1,438.201 billion in 2019. The rising demand for quick and conveniently available food is significantly driving the demand for processed food market. This has been primarily caused by a relative reduction in the leisure hours available to the individuals, causing them to switch to packaged food. Read more...
The diabetic food market is projected to grow at a CAGR of 8.89% to reach US$11.898 billion by 2025, from US$7.137 billion in 2019. Rising prevalence of different type of diabetes (type 1 and type 2) among the population is causing them to get more aware about consuming health diabetic food in order to mitigate the chances of suffering from further complications. There has been a rise in the prevalence of diabetes over the past few years and poses as a major burden to the individuals Read more...
The global energy drink market is projected to grow at a CAGR of 4.05% to reach US$25.067 billion by 2025, from US$19.754 billion in 2019. The rising number of athletes and sportsperson involved in high-octane sports are consuming energy drinks fortified with proteins and other recovery ingredients. The individuals involved in high-octane sports activities need a quick replenishment of their energy levels in order to maintain their strength and muscles and to boost the diminished energy Read more...
The dried fruit market is projected to surge at a CAGR of 4.90% from a market value of USD40.116 billion in 2019 to attain a market value of USD53.439 billion by the end of 2025.Dried fruits are consumed worldwide due to its health benefits, also these are utilized in the form of food inclusions, hence, the growing food inclusions market will have a positive impact on the growth of the global dried fruits market in the forecast period. These fruits can be preserved for a longer duration in co Read more...
The instant noodles market place is projected to grow at a CAGR of 5.08% from a market value of USD42.291 billion in 2019 to attain a market value of USD56.946 billion by the end of 2025.Instant noodles were originated in Japan. Today they are incorporated in the diet of many different countries of the world, hence, it holds an important position in satiating the global demand for food after staple food products. The growing popularity of instant noodles with evolving dietary consumption patt Read more...
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