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Showing posts with the label Food and Beverage

The Growing Demand For Protein Rich Food To Fuel The Poultry Market Growth

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Poultry Market The poultry market is estimated to be valued at US$ 15.88 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Poultry refers to domesticated birds raised for their eggs, feathers, and meat. Common poultry animals include chickens, turkeys, ducks, and geese which are a major source of protein for human consumption worldwide. They are easy to breed and cost effective compared to other meat protein sources. Poultry meat and eggs have high nutritional value and are widely utilized in households and food processing industries. Market Dynamics: Rising global population and growing demand for affordable animal protein is a major driver for the poultry market. Population growth, urbanization, and rising disposable incomes in developing regions are fueling the need for food security through efficient and sustainable food production systems. Poultry fa

The Increasing Demand For Plant-Based Snacks Is Anticipated To Openup The New Avenue For Pistachio Market

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Pistachio Market The Pistachio Market is estimated to be valued at US$ 46.49 Mn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Pistachios are green colored edible seeds that grow on Pistacia vera trees. They are rich in nutrients including proteins, vitamins, minerals, and antioxidants. They are commonly consumed as snacks and used in bakery and confectionery products due to their unique flavor and nutritional profile. Pistachios help in reducing the risk of heart diseases, managing weight, and improving gut and brain health. They are available in various forms including shelled, unshelled, roasted and flavored pistachios. Market Dynamics: One of the key drivers for the Pistachio Market is the rising health consciousness among consumers. Pistachios are considered a superfood due to their excellent nutritional profile. They have lower calories and fat as

Meat Substitute Market Is Estimated To Witness High Growth Owing to the Rising Awareness of Health Benefits

The Meat Substitute Market is estimated to be valued at US$12.95 Bn in 2022 and is expected to exhibit a CAGR of 43.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Meat substitutes are plant-based products made from soy, wheat, and pea protein that mimic the texture and taste of meat. Common meat substitutes include tofu, tempeh, seitan, and plant-based burger patties, sausages, and nuggets. They are commonly used as alternatives to meat in vegetarian and vegan diets due to their similar sensory characteristics. Meat substitutes offer various health benefits such as being cholesterol-free, lower in saturated fat compared to meat, and containing essential nutrients like proteins, vitamins, and minerals. Their use is increasing among health-conscious consumers looking to reduce meat consumption and adopt more sustainable diets. Market Dynamics: One of the major drivers for the Meat Substitute Market growth

Future Prospects of Canned Alcoholic Beverages Market

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Canned Alcoholic Beverages Market Market Overview: The Canned Alcoholic Beverages Market is estimated to be valued at US$ 6.11 Billion in 2022 and is expected to exhibit a CAGR of 13.8% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Canned alcoholic beverages are gaining popularity due to their convenience, portability, and longer shelf life. These beverages cater to the growing consumer demand for ready-to-drink options, providing a refreshing and enjoyable experience. The market offers a wide variety of products, including ready-to-drink cocktails, wine, beer, and spirits. With an increasing number of consumers seeking convenience without compromising on taste and quality, the Canned Alcoholic Beverages Market is poised for significant growth. Market Dynamics: The Canned Alcoholic Beverages Market is driven by two key factors - convenience and changing consumer preferences. The convenience factor of ready-to-drink cann

The Global Rise of Craft Spirits Offers Lucrative Growth Opportunities in the Alcoholic Beverages Market

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Alcoholic Beverages Market The alcoholic beverages market is estimated to be valued at US$ 1,561.99 billion in 2022 and is expected to exhibit a CAGR of 3.00% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The alcoholic beverages market consists of spirits, beer, wine and ready-to-drink beverages. Commonly consumed for leisure, festivities or sacraments, alcoholic drinks have been an integral part of human culture for generations. Market Dynamics: The market is driven by two major factors. Firstly, the rising popularity of craft spirits among millennials and younger demographics is stimulating market growth. Craft distilleries offer unique, artisanal products that provide a sense of adventure and discovery for new age consumers. Secondly, the growing culture of socializing over drinks especially in developing regions is fueling higher product uptake. Changing lifestyles and increasing disposable incomes h

Future Prospects of the French Fries Market

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French Fries Market The French Fries Market is estimated to be valued at USD 15.00 billion in 2023 and is expected to reach a value of USD (incorporate given market value for 2023) billion in 2023. With a projected CAGR of 4.7% over the forecast period of 2023 to 2030, the market is set to witness steady growth. This information is highlighted in a new report published by Coherent Market Insights.   Market Overview: French fries, a popular snack made from potatoes, have gained immense popularity worldwide. The market offers various types of French fries such as conventional, organic, and frozen, catering to the diverse preferences of consumers. French fries find applications in various foodservice establishments such as quick-service restaurants, casual dining, and fast-food chains. Additionally, the growing trend of snacking and increasing consumer preference for convenience food items are fueling the demand for French fries globally. The market is also witnessing advancements in

The Future of Artisanal Ice Cream Market - Analysis and Forecast, 2023 - 2030

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Artisanal Ice Cream Market Market Overview: The Artisanal Ice Cream Market is estimated to be valued at US$ 11,642.2 million in 2023, exhibiting a CAGR of 7.4% over the forecast period. Artisanal ice cream refers to handcrafted ice cream made using traditional methods and high-quality ingredients. The market is witnessing significant growth, driven by the rising demand for premium and unique flavors, as well as the growing consumer preference for natural and organic products. Artisanal ice cream offers a wide range of flavors, textures, and add-ins, attracting consumers seeking indulgent and personalized dessert experiences. It is often associated with local and small-scale production, giving consumers a sense of authenticity and supporting the local economy. Market Dynamics: The growth of the artisanal ice cream market is primarily driven by two key factors. Firstly, the increasing consumer demand for premium and innovative flavors, textures, and unique combinations is propelling

The Future of Food Irradiation Market: Ensuring Safety and Quality for the Global Food Industry

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  Food Irradiation Market The food irradiation market is estimated to be valued at US$ 199.4 billion in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Food irradiation is a process that involves the use of ionizing radiation to eliminate harmful bacteria, parasites, and other pathogens present in food products. It is a widely accepted method for food preservation and has been approved for use by various regulatory bodies around the world. The technique helps in extending the shelf life of food products, reducing the risk of foodborne illnesses, and preserving the nutritional value of the food. With the increasing demand for safe and healthy food products, the food irradiation market is witnessing significant growth. The technology finds applications in various industries such as meat and poultry, fruits and vegetables, spices, seafood, and ready-to-eat meals

The Growing Popularity of Canned Alcoholic Beverages Market

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Canned Alcoholic Beverages Market The canned alcoholic beverages market is estimated to be valued at US$6.11 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.8% over the forecast period of 2023-2030, according to a recent report by Coherent Market Insights. Market Overview: Canned alcoholic beverages have gained significant popularity in recent years due to their convenience and portability. These ready-to-drink beverages are packed in cans, making them easy to carry and consume. This market offers a wide variety of products, including canned beer, canned wine, canned cocktails, and others. With changing consumer preferences, the demand for canned alcoholic beverages has witnessed a significant surge. Market Dynamics: The growth of the canned alcoholic beverages market can be attributed to several key drivers. Firstly, the convenience factor associated with canned products has made them popular among consumers. Canned beverages are easy to trans

The Flourishing Future of the Gummy Supplements Market

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Gummy Supplements Market Market Overview: The Gummy Supplements Market is estimated to be valued at US$ 3,721.78 Mn in 2023 and is expected to exhibit a CAGR of 4.88% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Gummy supplements are an increasingly popular form of dietary supplements that are available in various flavors, shapes, and colors. They provide convenience and palatability in comparison to traditional supplement forms such as capsules and tablets. The market is mainly driven by the increasing consumer awareness regarding preventive healthcare and the rising demand for convenient and attractive dietary supplements. With the growing focus on health and wellness, gummy supplements have gained traction among consumers of all age groups, including children and the elderly. Moreover, the rising demand for natural and organic ingredients in dietary supplements is also fueling the growth of the gummy supplements market

French Fries Market Set to Reach US$ 15.9 Billion by 2023

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French Fries Market The global French Fries Market is estimated to be valued at US$ 15.9 billion in 2023 and is expected to exhibit a CAGR of 5.00% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: French fries, a popular snack made from potatoes, are gaining significant traction globally due to their crispy texture and delicious taste. The convenience and affordability of French fries have propelled their demand among the younger population, leading to the growth of the market. Moreover, the rising popularity of fast food chains and the increasing consumer preference for on-the-go food options are further driving the market growth. The versatility of French fries as a snack and as a complement to various dishes has also contributed to their widespread consumption. Market Key Trends: One key trend observed in the French Fries Market is the growing demand for healthier alternatives. With the increasing emphasi

Cocoa Market Estimated to Reach US$ 11,499.6 Mn by 2023

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Cocoa Market Market Overview: The global cocoa market is estimated to reach a value of US$ 11,499.6 Mn in 2022, with a compound annual growth rate (CAGR) of 3.4% during the forecast period of 2023-2030. The market for cocoa products is driven by their numerous advantages, including their use as a key ingredient in various confectionery and bakery products. Cocoa is rich in antioxidants and minerals, such as magnesium and iron, which makes it a popular choice among consumers concerned about their health. Additionally, cocoa products offer a unique and rich flavor profile that enhances the overall taste of food and beverages. As a result, there is a growing demand for cocoa-based products across the globe. Market Key Trends: One of the key trends observed in the cocoa market is the increasing popularity of organic and fair trade cocoa products. Consumers are becoming more conscious about the environmental and social impact of their purchasing decisions and are therefore opting for pr

Oatly AB to Dominate the Global Oat Drink Market with a Projected Market Value of US$ 2.3 Billion by 2022

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Oat Drink Market Market Overview: The Global Oat Drink Market is estimated to be valued at US$ 741.5 million in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023-2033. Oat drinks are plant-based milk alternatives made from oats and are gaining popularity due to their nutritional benefits and environmental sustainability. Oat drinks are rich in dietary fibers, vitamins, and minerals, making them a healthier choice for lactose-intolerant individuals. The growing awareness about the health benefits of oat drinks, along with the increasing demand for vegan and dairy-free alternatives, is driving the market growth. The market is witnessing significant traction from health-conscious consumers, particularly in North America and Europe, where there is a growing preference for plant-based milk alternatives. Market Key Trends: One key trend in the global Oat Drink Market is the rising demand for organic and natural oat drinks. With increasing concerns about chemic

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