Frozen Fruit Market Size is expected to grow at a compound annual growth rate of 6.58% over the forecast period to reach a market size of US$ 5.510 billion in 2025 from US$ 3.758 billion in 2019. Increasing demand for exotic fruits, a yearlong availability of non-seasonal fruits especially due to advancements in refrigeration technologies coupled with rapid growth in food processing firms, rapid urbanization, and growing application of frozen food in a variety of food and beverage products as Read more...
The US tortilla market is projected to grow at a CAGR of 5.50% to reach US$24.985 billion by 2025, from US$18.121 billion in 2019. According to USDA, as of 2019 the food marketing system, which encompasses foodservice and food retailing reportedly supplied $1.77 trillion worth of food, out which this total, $969.4 billion was supplied by foodservice facilities. The same year witnessed the commercial foodservice establishments accounting for most of the food-away-from-home expenditu Read more...
The Germany tortilla market is projected to grow at a CAGR of 4.21% to reach US$239.359 million by 2025, from US$186.893 million in 2019. According to the nutrition report on food preferences, eating and shopping habits of German consumers, of 2019 published by the German Federal Ministry of Food and Agriculture, 98% of respondents interviewed for the report prefer their food to taste good and 90% of them prefer their food to be healthy. 80% of consumers who are between 14 to 29 ye Read more...
The UK tortilla market is projected to grow at a CAGR of 3.98% to reach US$405.015 million by 2025, from US$320.459 million in 2019. Due to the convenience which tortilla extends it can be both consumed as a meal or a snack depending on the requirement. With regards to the UK tortilla market, the need for the readily available on-the-go-food and the willingness to substitute traditional snacks like sandwiches, among others, with tortilla are the core factors, among others which are Read more...
The United States Almond Market is projected to grow at a CAGR of 4.86% to reach US$3.442 billion by 2025, from US$2.589 billion in 2019. The 2019 production conditions were inclusive of but not limited to the experiencing of unusual weather in the early part of the season with significant rainfall during the bloom that reportedly hindered pollination. Nevertheless, the extended bloom period ensured the opportunity to offset disruptions and allow for more overlap between blooming Read more...
Germany Almond Market is projected to grow at a CAGR of 4.29% to reach US$728.625 million by 2025, from US$566.302 million in 2019. Germany is the largest economy in the European Union (EU) and the 4th largest economy in the world. Moreover, it is the leading European market catering to the food and beverage industry. China, other EU countries, Switzerland, the United States, and Turkey are its main trading partner. In recent years there has been a marked shift in consumer preferen Read more...
The United Kingdom’s Almond market is projected to grow at a CAGR of 3.47% to reach US$169.300 million by 2025, from US$137.965 million in 2019.The increasing demand for plant-based alternatives facilitated by growing health consciousness and a nationally cognizable inclination to integrate an immunity-boosting diet which in part has resulted from COVID-19 are expected to adequately substantiate the aforementioned estimates. For instance, in March 2020 it was reported that the Emmi Grou Read more...
China almond market is projected to grow at a CAGR of 6.04% to reach US$1,063.914 million by 2025, from US$748.322 million in 2019. China’s almond production (shelled-basis) is forecast at 45,000 MT in MY 2019/20 (August-July), which is a slight increase from the previous year. The favorable growing conditions in the Xinjiang region, particularly in Shache County that accounts for more than 95 % of the country’s entire almond production is one of the main reasons for the afo 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 vegan cheese market is expected to grow at a CAGR of 8.91% over the forecast period to reach a total market size of US$4.578 billion by 2025, increasing from US$2.743 billion in 2019. Vegan cheese is often called plant-based cheese for consumers who are lactose intolerant and want to go animal-free. Growing health-consciousness among consumers, dietary restrictions, and popularity in veganism is supplementing the demand for vegan cheese products globally. Besides, growing consume Read more...
