The China alcohol ingredients market is projected to grow at a CAGR of 9.55% to reach a market size of US$5.982 billion by 2025. The estimation is in part substantiated by the nominal increase the per capita disposable income of residents nationwide during the first half of 2020 by of 2.4 % over the same period of last year and accounted for 15,666 yuan. Among them, the per capita disposable income of urban residents accounted for 21,655 yuan, an increase of 1.5 %. Further, In the first Read more...
The UK alcohol ingredients market is value at US$1.102 billion in 2019. At currents prices, the final consumption expenditure of households pertaining to alcoholic beverages was in the order of £ 21,551 million during 2019, which is an increase from the £ 21,278 million registered during 2018 and £ 19,806 million registered during 2017 [Source: OECD]. Further, household expenditure as a percentage of total household expenditure of the United Kingdom, during 2017-18, per Read more...
The France alcohol ingredients market is projected to grow at a CAGR of 4.18% during the forecast period. In 2019 the Frenchgross domestic product (GDP) amounted to approximately $2.71 trillion. The country is the world’s seventh-largest industrialized economy and Europe’s third-largest economy after Germany and the United Kingdom. At currents prices, the final consumption expenditure of households pertaining to alcoholic beverages was in the order of € 21,704 million wh Read more...
Apple Sauce Market Size is expected to grow at a compound annual growth rate of 9.69% over the forecast period to reach a market size of US$5.229 billion in 2025 from US$3.002 billion in 2019. Increasing global population and rural to urban migrations are poised to influence the applesauce market growth all over the world which also pave the way for the adoption of new trends and is anticipated to further drive the demand of applesauce where it hasn’t been a traditional constituen Read more...
Cashew kernel market is expected to grow at a compound annual growth rate of 4.27% over the forecast period to reach a market size of US$6.932 billion in 2025 from US$5.394 billion in 2019. The USA (152591 tons), Germany (47646 tons), Netherlands (45889 tons), United Arab Emirates (21482 tons), United Kingdom (20917 tons) were among the top importing countries of the world based on the Import quantity of shelled cashew nuts imported as of 2018. However, these figures are relatively Read more...
The cornmeal market is expected to grow at a compound annual growth rate of 4.89% over the forecast period to reach a market size of US$927.144 million in 2025 from US$696.214 million in 2019. The cornmeal market is estimated to witness a robust growth primarily due to the growing popularity of plant-based food which is at the same time driven by the growing inclination of vegetarian and vegan diets which is gaining momentum in the majority of the developing economies and few emerging e Read more...
Canada Vegan Cheese Market is projected to grow at a CAGR of 5.61% during the forecast period. Before plant-based options are delved into it is important to note the consumption priority of consumers in Canada with respect to Cheese. After a declining trend, before 2014, a per capita consumption over 13 kilograms in 2020 was forecasted which was an increase from 11 kilograms. The total volume of cheese consumption is estimated to reach 550000 MYT 2020 which is an increase from 2019 level Read more...
Australia Vegan Cheese Market is projected to grow at a CAGR of 6.36% for the 2019-2025-time frame. The aforesaid is in part substantiated by the growing popularity of vegan, vegetarian, and flexitarians that the entire world is witnessing. On the other hand, there is a robust demand for cheese across the nation with cheese consumption in 2020 forecasted to increase around 1 percent to 299,000 MT [Source: USDA]. Conversely, the Australian national public health service Health direct Aust Read more...
The UK Vegan Cheese Market is projected to value at US$285.085 million in 2019.There are certain key determinative aspects which are expected to drive influence the trend of plant-based alternative as well as vegan consumption. According to Public Health England, excess body weight is one of the leading causes of poor health in Britain. This is because most of the population is overweight, which is known to increase the risk of a plethora of chronic diseases that comprise type 2 diabetes, liv Read more...
The USA Vegan Cheese Market is projected to grow at a CAGR of 9.02 % to reach US$1,804.790 million by 2025, from US$1,074.954 million in 2019. Fathoming the trajectory which has led to the estimation that the vegan cheese market of USA is poised to witness a meteoric rise during the forecast period is deemed important above all. In view of above, it is important to note that over the previous century there has been a substantial reduction in essential nutrient deficiencies leading to the Read more...
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