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Showing posts from January, 2025

RTD Tea Market Outlook of Top Companies, Regional Share, and Province Forecast 2032

RTD Tea Market Overview RTD Tea Market size was roughly USD 40.542 billion in 2032, and it is anticipated to grow at a CAGR of 6.65% from 2024 to 2032. The RTD tea market has witnessed a massive surge in the growth rate in the last few years. The market's growth is primarily attributed to its feature of being readily available and consumable. Furthermore, factors such as the availability of various flavors and packaging and growing awareness regarding the positive impact on the immune system are also likely to boost the market's growth over the assessment timeframe. On the other hand, the increased consumption of RTD coffee over tea will likely impede the market's growth. Competitive Landscape In the last few years, the global RTD tea key market players has witnessed a massive surge in strategic partnerships, acquisitions, product launches, etc. The global market for RTD tea has prominent leaders such as Tata Global Beverages (India), Blu-Dot Beverage Company (Can...

Sugar Syrups Market Size, Restraints, Portfolio, and Forecast 2032

  Sugar Syrups Market Sugar syrups market is expected to reach a value of USD 5.1 billion by 2032, with a CAGR of around 8.2% by 2032 Drivers and Restrains Impacting Sugar Syrup Market A highly concentrated solutions of sugar in water is called sugar syrup. Syrup is prepared from extracts of plants or fruits. Sugar syrup is also used as natural food preservatives in bakery and beverage products to boost flavor and taste of these products. Being liquid in nature, it can be easily blended with food products, such as; beverages, to give a uniform consistency. The growing popularity of sugar syrup due to high demand for carbonated drinks and beverage can support the market expansion. The market of sugar syrup can be further driven by the surging demand for bakery and beverage products that are prepared by sugar syrups, such as; breakfast and dairy foods among the working population. Further, the sugar syrups market is expected to thrive on diverse and potential application of su...

Research forecast: Global RTD Alcoholic Beverages market Expected to grow at CAGR of 6.53% by 2030

  Market Overview The RTD A lcoholic B everages M arket is likely to show continual growth. The overall rise of the beverages industry will influence the RTD alcoholic beverages market. Market Research Future (MRFR) states that the global RTD alcoholic beverages market is poised to grow from USD 30,320.75 MN in 2022 to USD 50,199.3 MN by 2030, registering a 6.53 % CAGR the forecast period (2022-2030). The rise in the global average consumption of alcohol per capita per year, alongside the changing lifestyles and improving per-capita disposable income, substantiates the RTD alcoholic beverages market size. Besides, changing consumer demand and the availability of endless arrays of ready-to-drink beverages accelerate market shares. There has been a rise in consumer demand for convenient and portable alcoholic beverages that are ready to consume without additional mixing or preparation. RTD alcoholic beverage manufacturers cater to this demand by providing a range of pre-mixed ...

Carbonated Soft Drinks Market Overview by Size, Share, Trends & Growth

Carbonated Soft Drinks Market Highlights According to projections, the market for carbonated soft drinks is expected to increase at a compound annual growth rate (CAGR) of 5.57% from 427.06 billion in 2023 to USD 667.49 billion by 2032. Carbonated Soft Drinks are processed beverages packed into airtight containers such as bottles and cans. Carbonated soft drinks are widely available to customers as retailers are increasing shelf space for these products. The market for carbonated soft drinks is fragmented due to the presence of several small- and large-scale players. These players are focusing on product development as a key strategy to cater to the changing needs of consumers. For instance, market players are launching low-calorie carbonated soft drinks to meet the growing demand from health-conscious consumers. The global Carbona...

Natural Fragrances Market Outlook, Demand, Portfolio, and Forecast 2032

Natural Fragrances Market Overview The natural fragrances market is anticipated to acquire USD 48.3 billion by the end of 2032. The report further predicts the market to thrive at a healthy CAGR of over 7.5% during the review timeframe. A natural fragrance refers to the production of essential oil. Examples of essential oils include peppermint and lavender. There are several essential oils since many shrubs, flowers, and plants have pleasant-smelling oils. The global natural fragrances market has witnessed enormous growth in the last few years. The market's growth is credited to the factors such as growing awareness regarding the hazards and dangers of using artificial fragrances and heavy investments in research and development. On the other hand, the volatility of raw material prices can impede the market's growth. Competitive Landscape The natural fragrances market has an incredibly competitive landscape with the presence of a large number of players spread worldwid...

Beauty Drinks Market Size, Restraints, Portfolio, and Forecast 2032

Beauty Drinks Market Overview The global beauty drinks market is projected to acquire a market value of USD 8.12 billion by 2032. The report further predicts the market to thrive at a healthy CAGR of over 10.40% during the assessment era. People plan and adopt a healthy lifestyle by reducing or eliminating junk food and unhealthy drinks from their diet plan and opting for healthy food and drinks. In one such attempt, they select beauty drinks to regain natural beauty and preserve their skin from the inside out. The global beauty drinks market has registered enormous growth in the last few years. The market's growth is mainly attributed to the growing health-consciousness among consumers worldwide. Furthermore, factors such as advancement in technology & better data management and rise in demand for anti-aging products are also projected to influence the market's growth over the coming years positively. However, people's misperception about beauty drinks is anticipa...

Turkey Meat Products Market Size by Consumption Ratio of Key Players| Forecast 2032

Turkey Meat Products Market Overview The global turkey meat products market is poised to witness substantial growth of 14.55% CAGR and reached at 67.96 billion over the review period of 2032. Market Scenario from the perspective of global population growth driving food consumption, the steady increase in household incomes and retail trade turnover, amid continued urbanization, would be the main drivers of the growth in global meat consumption, which could also have an effect on the turkey meat products market . The high intensity of trade is primarily dictated by the large differences between the main turkey meat producing countries and some of the big consumption countries. Turkey's meat will continue to be heavily traded, powered by rising consumption and intensive global and regional convergence. A recent increase in fast food eating has been initiated by the introduction of a quick-paced life. Longer working hours give young adults little opportunities to have a home-co...

Research forecast: Global Specialty Food Ingredients market Expected to grow at CAGR of 8.6% by 2032

Market Overview The market size for speciality food ingredients market was estimated at USD 153.2 billion in 2023. It is anticipated that the market for speciality food ingredients would increase from USD 166.3 billion in 2024 to USD 296.4 billion in 2032, with a compound annual growth rate (CAGR) of 8.6% over the five-year projection period (2024–2032). Rapid urbanisation, busy lifestyles, rising disposable incomes, and the growing trend of nuclear families are the primary industry factors enhancing the market expansion. RTE food items, which require less preparation and cooking time, are consumed more frequently as a result. The demand for natural, plant-based speciality food components to make high-quality, versatile goods also fuels the rising emphasis on health and wellness. Regarding meal size, the relationship between calorie intake and socioeconomic status has essentially been inverted. Fast food that is inexpensive and heavy in calories is widely available to consumers in...