Soft Drinks Market To Grow By US$449.6 Billion By 2025

The Soft Drinks market worldwide is projected to grow by US$449.6 Billion, driven by a compounded growth of 5.8 percent, according to a study by Research and Markets. Carbonated Soft Drinks, one of the segments analysed and sized in this study, displays the potential to grow at over 6.3 percent.…

Mintel UK: What’s Brewing For Fermented Foods

Mintel UK: As Brexit rumbles on, British consumers continue to spend on brands and businesses that successfully tap into the Holy Trinity of current consumer behaviour: the ‘experience economy’, the booming health and wellness movement, and the desire to be more ethically conscious and eco-friendly.   Fermented foods have picked up…

Mintel UK: Alcohol Consumption Falls

As Brexit rumbles on, British consumers continue to spend on brands and businesses that successfully tap into the Holy Trinity of current consumer behaviour: the ‘experience economy’, the booming health and wellness movement, and the desire to be more ethically conscious and eco-friendly. Alcohol consumption is another factor to consider.…

Plant-Based Foods Gaining Global Currency

Demand for vegan and Plant-Based Foods Gaining Global Currency, with product innovations and distribution driving market growth. Although most innovations are occurring in Europe and the US, Ecovia Intelligence anticipates future growth in the Asian and Latin American markets. At the recent Sustainable Foods Summit in Singapore, it was shown…

Mintel And Early Data Form Joint Venture To Delve Into China’s E-commerce Market

Mintel And Early Data Form Joint Venture To Delve Into China’s E-commerce Market Mintel and its market intelligence counterpart, Early Data (based in Greater China), have announced a joint venture with the latter providing e-commerce solutions. As online retail shifts from being an industry disruptor to becoming the main purchasing…

Asia Pacific To Witness Significant Growth In Wheat Protein Market

The global wheat protein market is poised to surpass US$2.5 billion by 2024, according to market intelligence company Global Market Insights. Asia Pacific is anticipated to observe significant industry growth during the forecast period as a result of increased consumer demand. Growing health concerns among consumers and lactose intolerances are…

Nutraceutical Excipients Market To Reach US$4.27 Billion By 2022

The global nutraceutical excipients market is estimated at US$2.96 billion in 2017 and is projected to reach a value of US$4.27 billion by 2022, growing at a compound annual growth rate of 7.6 percent, according to market intelligence agency MarketsandMarkets. The market is driven by factors such as the growing…

Food And Drink Texture Rising As Central Feature In Product Launches

One-fifth (20 percent) of food and drink launches in Europe in 2017 had a texture description, up from 17 percent the previous year, according to market intelligence company Mintel. Europe has featured the largest share of global food and drink launches with texture descriptions since January 2016. Markets in Asia…

Bottled Water Remains A Strong Performing Sector In Asia

While China remains one of the biggest bottled water markets globally, retail volume sales have been dipping, according to market intelligence company Mintel. In 2017, China’s bottled water market was forecast to reach sales volume of 27 billion litres, up from 25 billion litres in 2015. However, sales volume growth…

More Than Two-Thirds Of Consumers Will Be Grocery Shopping Online by 2024

US-based Food Marketing Institute (FMI) and market intelligence company Nielsen have released its second year findings of its "Digitally Engaged Food Shopper" study, and found that in as few as five to seven years, 70 percent of consumers will be grocery shopping online. Building on the joint research findings issued…
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