Organic & Natural Define 2018 Beverage Trends

Organic & Natural Define 2018 Beverage Trends Consumers want organic and natural food and drink options, not only at grocery stores but also in restaurants and from vending machines, according to MyDrink Consulting, a beverage development company. All FMCG-type products trending lately are those related to consumer lifestyle. The Organic…

Frutarom To Acquire Full Ownership Of Enzymotec

A manufacturer of food flavours and ingredients, Frutarom To Acquire Full Ownership Of Enzymotec, a functional ingredients manufacturer, at approximately US$210 million. The food flavours and ingredients manufacturer currently holds approximately 19 percent of the functional ingredients manufacturer’s shares at an average price of US$9.60 per share, and will acquire…

Natural Foods Market To Reach US$191 Billion By 2023

The global natural food and drinks market was valued at US$79.1 billion in 2016, and is estimated to reach US$191 billion by 2023, registering a CAGR of 13.7 percent from 2017 to 2023, according to market intelligence company Allied Market Research.   Natural food and drinks refer to food products…

Five Global Food And Drink Trends To Look Out For In 2018

Five Global Food And Drink Trends To Look Out For In 2018 Opportunities are expected to be plentiful in 2018 for natural and unexpected textures, according to a report by market intelligence agency Mintel.   Transparency and traceability are increasingly important to consumers. Self-care has become a priority for many…

Global Tonic Water Market To Reach Value Of US$2.45 Billion

The global tonic water market is forecast to rise at a compound annual growth rate (CAGR) of 6.1 percent to reach US$2.45 billion by 2025, according to market intelligence agency Transparency Market Research.   The market is predicted to reach a value of US$1.52 billion by the end of 2017.…

Health-Consciousness Fuels The Demand For Functional Dairy Blends

The global dairy blends market was estimated at US$2.18 billion in 2016 and is expected to reach US$4.12 billion by 2023, growing at a CAGR of 9.5 percent during the forecast period, according to market intelligence agency Stratistics MRC.   Asia Pacific is anticipated to witness the highest growth rate…

Growth Opportunities For Dairy & Soy In China

Growth Opportunities For Dairy & Soy In China dairy market is forecast to see strong continued growth through to 2021 paired with a high market value of US$50 billion making it a key opportunity for dairy producers, according to market research agency GlobalData.   Overall, the country’s dairy market grew…

Global Potato Processing Market Pegged To Reach US$30.8 Billion

The potato processing market is projected to grow at a CAGR of 5.3 percent from 2017 to 2022, according to market intelligence company Research and Markets. The market is expected to reach a value of US$30.8 billion by the end of the forecast period. The major factors that have driven…

Food Allergen Testing Market Pegged To Reach US$760 Million

The global food allergen testing market is projected to grow at a CAGR of 6.8 percent from 2016 to 2022, according to market intelligence company Marketsandmarkets.  The market is predicted to reach US$760 million by the end of the forecast period. Key drivers in the market include factors such as…

Asia Pacific Manufacturers Increasingly Embrace Smart Factories

The number of manufacturers in Asia Pacific supporting a fully connected factory would nearly triple by 2022, according to a study commissioned by Zebra Technologies—a manufacturer of marking, tracking and computer printing technologies. Manufacturers will continue to adopt Industry 4.0 and the smart factory during the forecast period. Almost half…
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