The global ice cream market place is projected to increase at a CAGR of 4.27% from a market value of USD63.779 billion in 2019 to achieve a market value of USD81.966 billion by the end of 2025. The market is predicted to grow at a steady pace during the forecast period owing to the increasing urbanization and changing lifestyle of the individuals worldwide. Ice-creams are mostly dairy products and with time is evolving along with the evolving needs of the consumers at the international l Read more...
The table salt market is projected to grow at a CAGR of 3.97% to reach US$904.047 million by 2025, from US$715.719 million in 2019. The world continental resources of salt are vast, and the salt content in the oceans is nearly unlimited [Source: USGS]. Moreover, increasing the production of more and more processed food, rapid urbanization, and changing lifestyles are transforming dietary patterns. Highly processed foods are increasing in availability and becoming more affordable. People Read more...
The global peanut butter market is estimated to grow at a CAGR of 5.69% to reach US$5,249.302 million by 2025 from US$3,766.155 million in 2019. Peanut butter is getting increasingly popular as easily prepared and convenient breakfast option, which is preferred by both the working-class population and the children, is growing. In addition, it is available in different varieties and flavors to appeal greater proportion younger population. Moreover, there a lot of useful ingredients that ar Read more...
The global glycerin market is projected to grow at a CAGR of 6.91% to reach US$3.914 billion by 2025 from US$2.621 billion in 2019. The usage of glycerin is rising in the different end-user industries such as pharmaceutical, food, and beverage, among others because it has a lot of different properties that it makes suitable for use in the end-user industries. In the food and beverage industry, glycerin is gaining popularity owing to its use as a thickening agent or to control the level of Read more...
The global barbecue sauce market is projected to grow at a CAGR of 8.41% from a market size of USD1,079.932 billion in 2019 to achieve a market size of USD1,753.205 million by the end of 2025.Barbecue-style cooking is referred to as a low-temperature cooking technique that takes place for longer hours. The market for barbecue sauce is projected to grow during the forecast period with the increasing use of barbecue cooking style. This is further supported by growing inclination towards the ado Read more...
The global condensed milk market is predicted to grow at a CAGR of 5.16% from a market value of USD9.926 billion in 2019 to achieve a market value of USD13.424 billion by the end of 2025.The condensed milk industry is projected to witness a significant growth by the end of the forecast period along with the growing demand for processed dairy products. The growing utilization of condensed milk for the development of chocolate and confectionery items is further augmenting the market Read more...
The global cheese market is projected to grow at a CAGR of 3.73% to reach US$143.040 billion by 2025 from US$114.824 billion in 2019. The health benefits associated with cheese and its application in a variety of food items are making it popular and it is consumed by the children also There are a lot of health benefits associated with the consumption of cheese which is pushing the consumers towards using it in their everyday meals. Some of the beneficial contents in cheese include iro Read more...
The Global Nutricosmetics market was valued at US$6.358 billion in 2019. Nutricosmetics refers to orally ingested nutritional supplements that are formulated and marketed specifically for beauty purposes. Consumers nowadays understand that the topical application of any cosmetic product and treatment can only deliver superficial results. As such, they are incorporating nutricosmetics into their routine in order to treat issues such as cellulite and acne from the inside. Rising average pe Read more...
The night cream market was valued at US$14.241 billion in 2019. Night creams are a type of cosmetic product that consists of various hydrating ingredients that are beneficial to the skin. Night creams are majorly used for moisturizing the skin and also as whitening agents majorly by the female population. The rising number of consumers with dry and oily skin is also considered to be a prime factor supplementing the market growth of night creams during the next five years. Night creams ar Read more...
Global Microwave Oven market was valued at US$60.155 billion in 2019. Rising purchasing power and living standards coupled with increasing urbanization is the major driver of the global microwave oven market. Growing working population and hectic lifestyle is shifting the preference of consumers towards innovative kitchen appliances which, in turn, is also escalating the demand for microwave oven as well. With a busy lifestyle, people are consuming more and more ready-to-eat, pre-cooked, Read more...
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