Food & Beverages

Compound Feed Market  accounted for US$ 458.1 billion in 2020 and is estimated to be US$ 716.12 billion by 2030 and is anticipated to register a CAGR of 4.6%. Compound feed is a type of food that is fed to domestic animals in the course of their care. Compound feed is fodder that is made up of a variety of raw components and additives. Vitamins, minerals, chemical preservatives, antibiotics, fermentation products, and other necessary substances are added as premixes to boost the nutritional value. Compound feed is essential for animal productivity and health. The report " Global Compound Feed Market, By Ingredient (Cereals, Cakes and Meals, By-products, and Supplements), By Forms (Mash, Pellets, Crumbles, and Others), By Livestock (Ruminants, Swine, Poultry, Aquaculture, and Other), By Source (Plant-based and Animal-based), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Trends, Analysis and Forecast Till 2029’’ Key Highlights: In Nove

  The  global beverage cans  market is expected to grow at a significant rate due to increased demand for aerated drinks and increased consumption of packaged juices. Consumers are leading better lifestyles, which is driving demand for beverage cans containing vegetable and fruit juices, as well as caffeine-based beverages like coffee and iced tea. Furthermore, the growth of the beverage cans market can be ascribed to an increase in the consumption of alcoholic beverages, including as beer and cider, which require precise cooling temperatures to improve their taste. The beverage cans market is projected to be restrained by changes in raw material prices and the complexity of manufacturing steel beverage cans. With consumers becoming more health-conscious around the world, beverage makers are upgrading and inventing products with an emphasis on natural, low-calorie, and low-sugar ingredients like stevia. This is likely to bring in an influx of health-conscious customers. Due to the COVI

  The report  " Meat Substitute Market , By Type (Tofu Based, Tempeh Based, Textured Vegetable, Protein Based, Quorn Based, Seitan Based, and Others), By Source (Soy, Wheat, Mycoprotein, Others (Milk, Rice, Pulses)), By Category (Frozen, Refrigerated, and Shelf-Stable), and Region - Global Forecast to 2029"  Meat substitute market is projected to grow from US$ 1.8 billion in 2020 to US$ 5.0 billion by 2029. Increasing health concerns and growing preference for vegetarian diets among individuals across the globe are major factor for growth of the global meat substitute market. In addition, increasing incidence of obesity due to processed meat consumption and several disease outbreaks in animals are some among the major factors expected to boost growth of the global meat substitute market in the near future. Furthermore, increasing disposable income of individuals in order to fulfill their dietary supply as alternative for meat is also another factor anticipated to support grow

  The  Bottled Water Market  is growing as people become more aware of the negative consequences of drinking contaminated water. The global bottled water market is being propelled forward by the increasing penetration of the food service industry, the expanding penetration of organized retail, and the need for a healthy and active lifestyle. The global rise of the bottled water industry can be attributed to a growing urban population, rising personal discretionary income, higher living standards, and the development of eco-friendly bottle materials. The market for biodegradable bottled water is likely to rise as government measures to promote the use of eco-friendly and sustainable packaging gain traction. Even during the COVID-19 pandemic, producers have taken a number of steps to support market growth. Consider the following: PepsiCo, a worldwide food and beverage business, will distribute 35,000 bottled water and canned soft drinks to UAE workers in September 2020, in collaboration

Tea market  accounted for US$ 58.5 billion in 2020 and is projected to register a moderate CAGR of 6.6% over the forecast period.  Tea is a fragrant drink made from the Camellia Sinensis plant. It is one among the world's most popular beverages. The most popular teas are black and green teas, with herbal tea gaining popularity. Tea is considered a healthy beverage since it contains a variety of powerful antioxidants as well as minerals including potassium, manganese, magnesium, and calcium. Tea use on a regular basis helps to minimise cell damage caused by free radicals, lower cholesterol levels, and promote healthy weight loss. The report " Global Tea Market, By Product Type (Black Tea, Green Tea, Fermented Tea, Herbal Tea, and Others), By Distribution Channel (Hypermarket/Supermarket, Specialist Retailers, Convenience Stores, Foodservice Channels, and Others), and Region - Global Forecast to 2029’’ Key Highlights: In 2021, Society Tea intends to nearly double the share of va

  Chocolate Market  accounted for US$ 43.62 billion in 2020 and is estimated to be US$ 71.10 billion by 2030 and is anticipated to register a CAGR of 5%. Chocolate is a liquid, solid, or paste formed from roasted and powdered cacao pods that can be consumed on its own or used as a flavouring element in other meals. Cacao has been consumed in some form since the Olmec culture (19th-11th century BCE), and chocolate beverages were prepared by the majority of Mesoamerican peoples, including the Maya and Aztecs. To create the flavour, the cocoa tree's seeds must be fermented. The beans are dried, cleaned, and roasted once they have finished fermenting. The shell is removed to yield cocoa nibs, which are subsequently processed into cocoa mass, or raw chocolate. The report " Global Chocolate Market, By Type (Dark Chocolate, Milk Chocolate, and White Chocolate), By Category (Everyday Chocolate, Premium Chocolate, and Seasonal Chocolate), By Sales Channel (Supermarkets and Hypermarkets