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Showing posts with the label Food and Beverage

Genetically Modified Crops Market Growth Accelerated by Increased Adoption of Drought and Pest Resistant Crops

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Genetically Modified Crops Market The global Genetically Modified Crops Market has witnessed substantial growth over the past few years owing to the growing need for high yield and nutrition enriched crops to meet the increasing global food demand. Genetically modified crops are designed to resist pests, diseases, herbicides, or stress conditions such as lack of water or cold temperatures which makes them highly suitable for cultivation. The global Genetically Modified Crops Market is estimated to be valued at US$ 126.99 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased adoption of drought and pest resistant genetically modified crops is one of the key trends driving the growth of the genetically modified crops market. These genetically modified seeds have properties such as the ability to grow in low rainfall areas, resistance to leaching, an

Meat Substitute Market Growth Accelerated by Increasing Demand for Plant-Based Meat Products

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Meat Substitute Market  Meat substitutes provide an alternative source of protein while being low in saturated fat and cholesterol. Products like soy burgers, veggie sausages and plant-based meatballs offer similar taste and texture as compared to meat. With increasing health consciousness, many consumers prefer meat substitute products to meet their nutritional needs as well as contribute to the environmental benefits. The global Meat Substitute Market is estimated to be valued at US$ 7.4 billion in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023-2027, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for plant-based meat products is one of the key trends driving the growth of meat substitute market. More consumers are switching to plant-based meat alternatives due to health, environmental and animal welfare reasons. Various startups are innovating advanced plant-based meat products using in

Phytonutrients Market is Estimated to Witness High Growth Owing to Opportunity of High Health Benefits

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Phytonutrients Market Phytonutrients are plant-derived compounds that are naturally present in many commonly consumed fruits and vegetables. They are non-nutritive plant chemicals that have protective or disease preventive properties. Some common types of phytonutrients include carotenoids, flavonoids, alkaloids, and nitrogen-containing compounds. These phytonutrients promote optimal health and reduce the risk of many lifestyle diseases like heart disease, cancer, diabetes, and obesity. The global phytonutrients market encompasses a wide range of products derived from plants sources containing these bioactive compounds. The global Phytonutrients Market is estimated to be valued at US$ 7482.2 Mn in 2023 and is expected to exhibit a CAGR of 20.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Increasing health concerns among consumers regarding the intake of a balanced diet rich in vitamins, minerals, and

Yerba Mate Market is Estimated to Witness High Growth Owing to Increased Popularity of Herbal Tea Consumption

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Yerba Mate Market Yerba mate is a traditional herbal tea made from leaves and twigs of the Ilex paraguariensis plant. It provides several health benefits such as improved mental alertness, weight management, reduced risk of diabetes and cancer. It contains antioxidants, vitamins, minerals and other bioactive compounds. The rising awareness about the health promoting properties of yerba mate tea is driving its demand. The global Yerba Mate Market is estimated to be valued at US$ 2311.45 Mn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Increased Popularity of Herbal Tea Consumption The popularity of herbal tea is increasing globally due to rising health consciousness. People are switching from caffeinated beverages to herbal teas to obtain various health benefits. Yerba mate tea is gaining traction as a popular herbal tea choice owing to its stimulat

Vegan Food Market is Estimated to Witness High Growth Owing to Opportunity of Increasing Health Consciousness

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Vegan Food Market Vegan food market comprises plant-based food items that do not involve animal products such as meat, eggs, dairy, and honey in their preparation or processing. Vegan food items such as plant-based meat and dairy alternatives provide similar taste and texture as their animal-based counterparts and are a rich source of protein, vitamins, minerals, and other nutrients. Growing awareness about the health benefits of vegan diet along with rising concerns for animal welfare is propelling the demand for vegan food items. The global Vegan Food Market is estimated to be valued at US$ 17987.14 Mn in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The key market opportunity driving the growth of vegan food market is increasing health consciousness among consumers. Obesity and chronic diseases such as diabetes, hypertension, and cardiovascular diseas

Wine Production Machinery Market is Estimated to Witness High Growth Owing to Opportunity of Expanding Wine Production

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Wine Production Machinery Market Wine production machinery includes equipment used in grape processing, fermentation, wine processing, bottling and packaging. These machineries facilitate easy processing of grapes, fermentation and bottling of wine. With rising wine consumption globally, there is increasing demand for technologically advanced wine production machinery from wine producers for improving production efficiency and quality. The global wine production machinery market is estimated to be valued at US$ 2.35 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of expanding wine production globally is expected to drive the growth of wine production machinery market during the forecast period. Globally wine production has been increasing in the last few years owing to rising consumer preference for premium wines. According to Interna

Protecting Skin Health Is Estimated To Witness High Growth Of Tomato Lycopene Market

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Tomato Lycopene Market Tomato lycopene is a bright red pigment found in tomatoes and other red fruits and vegetables. It is a powerful antioxidant that neutralizes free radicals and protects the body from various diseases. Tomato lycopene helps protect skin from sun damage and premature skin aging. The global tomato lycopene market offers various health benefits such as controlling blood pressure and reducing risk of cancer, heart diseases, and age-related macular degeneration. The products are available in various forms including oils, powders, capsules and liquids for easy consumption. The global tomato lycopene market is estimated to be valued at US$ 124.6 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing concern over anti-aging is a major market opportunity. Tomato lycopene protects the skin from ultraviolet radiations and delays prematu

Gummy Supplements Market is estimated to witness high growth owing to increasing trend of consuming gummy supplements

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Gummy Supplements Market The Gummy Supplements Market is estimated to be valued at US$ 4093.89 Mn in 2023 and is expected to exhibit a CAGR of 4.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. The Gummy Supplements Market is growing at a high pace due to rising healthcare expenditure as well as increasing prevalence of vitamin and mineral deficiencies. Gummy supplements are soft and chewable, which makes them appealing to both children and adults. They are easy to carry and consume as compared to traditional tablets or capsules. This makes gummy supplements a convenient source of nutrients for individuals who find it difficult to swallow pills. The palatable texture and fruity flavors of gummy supplements also make them popular among individuals with low appetite. Market Overview: Gummy supplements are chewable supplements that contain a mixture of vitamins, minerals, or other ingredients such as probiotics, melatonin, e

India Gin Market is Estimated To Witness High Growth Owing To Trends Towards Premiumization

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India Gin Market Market Overview: Gin is a spirit that is obtained by redistilling or compounding neutral spirits with juniper berries and aromatics. It is colorless in appearance and has a characteristic taste and aroma. Gin has gained immense popularity in India due to its refreshing taste and versatile mixability in cocktails. The market is driven by rising young-adult population, increasing social events and festivals, and expanding hospitality sector in the country. The India gin market is estimated to be valued at US$ 546.03 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends witnessed in the India gin market is premiumization or a shift towards premium and luxury variants. Changing tastes and preferences of consumers towards premium products with unique flavors have led gin producers to launch super-premium variants with exoti

The Rising Consumer Health Awareness Set To Boost The Indonesia Dietary Supplements Market

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Dietary Supplements Market The Indonesia Dietary Supplements Market is estimated to be valued at US$ 2192.85 Mn or Mn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Indonesia dietary supplements market is experiencing high growth on account of increasing health consciousness among customers in Indonesia. Dietary supplements include vitamins, minerals, botanicals, probiotics, and others that are available in pill, capsule, powder, gel tab and liquid forms. Rising prevalence of lifestyle diseases and emergence of e-commerce platforms for dietary supplements are some of the key factors driving the growth of this market. However, lack of proper regulation and false advertising by some manufacturers are restraining the market growth. Market Dynamics: The Indonesia dietary supplements market is witnessing two major market drivers- Firstly, growing adoption

Diabetic Food Market Is Estimated To Witness High Growth Owing To Increasing Prevalence of Diabetes

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Diabetic Food Market The Diabetic Food Market is estimated to be valued at US$ 12.4 Billion in 2022 and is expected to exhibit a CAGR of 5.7% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Diabetic Food Market caters to the growing demand for food products that are specifically designed for individuals with diabetes. These products are formulated to help manage blood sugar levels and provide the necessary nutrients for a balanced diet. Diabetic food products include a wide range of options such as sugar-free sweets, baked goods, beverages, snacks, and ready-to-eat meals. These products are not only consumed by individuals with diabetes but also by health-conscious individuals who are looking for healthier alternatives to traditional food items. Market Dynamics: The market for diabetic food is primarily driven by the increasing prevalence of diabetes worldwide. With the rising number of individua

Corn Gluten Feed Market is Estimated To Witness High Growth Owing To Increasing Livestock Population And Growing Demand For Animal Feed

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Corn Gluten Feed Market The Corn Gluten Feed Market is estimated to be valued at US$ 6.88 Billion in 2022 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Corn Gluten Feed is a by-product of the corn wet milling process and is widely used as animal feed due to its high protein and fiber content. It is a valuable substitute for traditional feed ingredients and is commonly used in the diets of ruminant animals, such as cattle and sheep. Corn gluten feed offers various benefits, including improved digestibility, enhanced growth performance, and cost-effectiveness. Market Dynamics: The growth of the Corn Gluten Feed Market can be attributed to the increasing livestock population and the growing demand for animal feed. With the rising global population, the demand for meat and dairy products has been steadily increasing, leading to a higher demand for animal feed. Cor

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