The dried apricots market is projected to grow at a CAGR of 5.72% to reach US$1,094.775 million by 2024, from US$783.939 million in 2018. The demand for dried apricots is anticipated to shoot up in the coming years on account of rapid disposable income and increasing awareness regarding their health benefits. Furthermore, the increasing production and availability of organic verities of these products is further anticipated to upscale this demand in the years to come. Read more...
The UHT milk market is projected to grow at a CAGR of 5.20% between the 2018-2024 period. It is a variety of milk which is thermally processed at or above 280° F for at least 2 seconds to pasteurize it. This process can be applied both before and after its packaging. The increasing demand for food and beverages without the use of chemicals and preservatives is going to drive the market for UHT milk around the globe during the forecast period. Furthermore, increasing dairy consumption arou Read more...
The maple syrup market is projected to grow at a CAGR of 5.76% to reach US$951.412 million by 2024, from US$679.979 million in 2018. Maple syrup is a natural sweetener extracted from the xylem sap of maple trees, which are commonly found in Canada and the United States. The maple syrup market is projected to grow during the forecast period owing to its increasing demand as an alternative to sugar in multiple baking and confectionery applications. Furthermore, the growing awareness regarding t Read more...
The contract food services market is projected to grow at a CAGR of 4.30% during the forecast period. Food service contractors are the service providers who provide supply of food on a contractual basis to the institutions like educational, medical, commercial, sports and others. The rise in disposable income, government initiatives, the rise in the air travel industry, and rising concern for employee retention are driving demand for contract food service market. The higher demand for the bett Read more...
The global functional animal protein market is projected to witness a healthy CAGR during the forecast period. The increased consumer consciousness towards health and growing awareness about the role of protein-rich foods in muscle building and weight management are the major forces driving the functional animal protein market. Moreover, the rising middle-class population, changing dietary patterns and increased per capita spending on health supplements have also contributed towards the growth Read more...
The global milk replacers market is anticipated to grow at a CAGR of 5.69% during the forecast period to reach a market value of US$4,187.049 million by 2024, from US$3,003.311 million in 2018. The growing demand for proper animal nutrition and rising animal population are the key factors that are positively impacting the milk replacers market growth. Many countries in the world are pushing for better quality produce and overall health of the animals but improper nutrition of animals results i Read more...
Table Grape market is projected to grow at a CAGR of 9.25% during the forecast period, reaching a total market size of US$86.115 billion in 2024 from US$50.636 billion in 2018. Table grape is one of the agricultural commodities produced worldwide and contains 20% sugar in an easily digestible form, besides being full of antioxidants and nutrients. Compared to wine grapes, table grapes have larger berries and firmer pulp, which makes it less prone to damage during shipping. The demand for table Read more...
Essential Oils market is projected to grow at a CAGR of 11.38% during the forecast period, reaching a total market size of US$5.040 billion in 2024 from US$2.640 billion in 2018. Essential oils help in boosting energy, relieving stress, reduce anxiety, and aids digestion. These are also used in treating headaches, nausea, and various skin conditions. Rising popularity of alternative medical treatments, especially for skin, is driving the demand for essential oils worldwide. Growing adoption of Read more...
Citrus Oil market is projected to grow at a CAGR of 16.29% during the forecast period, reaching a total market size of US$2.561 billion in 2024 from US$1.035 billion in 2018. Rising concerns about health is shifting the consumption of products made from natural and organic ingredients. The demand for citrus oil is driven by the continuous changing lifestyle and the increasing spending on leisure and relaxation by the people. It is also augmented by the increasing awareness about the benefits o Read more...
Seedless Grapes market is projected to grow at a CAGR of 11.98% during the forecast period, reaching a total market size of US$71.997 billion in 2024 from US$36.509 billion in 2018. Rising shift towards healthy lifestyle trends is boosting the consumption of fresh fruits and vegetables globally. This is significantly escalating the demand for seedless grapes for direct consumption across various regions. Growing demand from bakery sector for making cakes and pies is further fuelling the demand Read more...
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