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Showing posts with the label Food and Beverage

The Global Market for Microwavable Foods is Projected to Exceed US$142 Billion by 2024

The Frozen Food Renaissance and the Ready Meals Revolution Drive Healthy Growth in Demand for Microwavable Foods, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Microwavable Foods market. The global market for Microwavable Foods is projected to exceed US$142 billion by 2024 , driven by ever-changing culinary demands, the need to achieve cooking perfection in few hot minutes, and microwave food packaging advancements.   Amidst the macro factors influencing the future of food in terms of expanding population, exponential increase in urban population, rising awareness of health and wellness and the resulting improvement in diets, the global food industry is poised to witness transformational changes in the coming decade that were hitherto not visible in the last 50 years. Against the backdrop of faster adoption of consumer...

The Global Starch Market is Projected to Reach 151.6 Million Metric Tons by 2024

Sustained Demand for Starch from Food Processing and Industrial Applications to Drive Growth in the Global Starch Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Starch market. The global Starch market is projected to reach 151.6 million metric tons by 2024 , driven by the indispensable nature of the ingredient in food and beverage processing and non-food sectors.    Starch is one of the most widely available carbohydrates in the nature. Produced by almost all the higher plants or vascular plants, starch is stored as energy reserve in the tubers, roots, fruits, seeds, and rhizomes. Starch is widely found in staple foods such as corn, potatoes, rice, wheat and cassava. The end-use applications of starch have grown in number over the years, and now include diverse applications ranging from food & beverages, pha...

The Global Market for Food Encapsulation is Forecast to Reach US$49 Billion by 2024

Increasing Demand for Healthy Dietary Foods, Convenience Foods and Functional Food Products, and Technological Innovations Drive the Global Food Encapsulation Market, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Food Encapsulation market. The global market for food ...

The Global Market for Vegetable Oils is Projected to Exceed 275 Million Metric Tons by 2024

Rising Consumption of High-Quality Oils and Growing Prominence of Alternative Fuels Drive the Global Vegetable Oils Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Vegetable Oils market. The global market for Vegetable Oils is projected to exceed 275 million metric tons by 2024 , driven by growing consumer interest in healthy, organic, and unprocessed/unrefined vegetable oils; huge market potential offered by biofuel applications, and diverse product offerings. Vegetable oil refers to oil produced from crushing oilseeds (sunflower, rapeseed, corn, peanut, and others), palm and palm kernel, coconut, and cottonseed, for applications in food and other industries. With growing consumer focus on health and wellness, the vegetable cooking oils market globally is experiencing strong demand for improved, nutritional and healthier...

The Global Market for Kids’ Food and Beverages is Projected to Reach US$144 Billion by the Year 2024

Growing Emphasis on Kids’ Health and Wellness, Increasing Awareness, and Product Innovations Drive the Global Kids’ Food and Beverages Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Kids’ Food and Beverages market. The global market for Kids’ Food and Beverages is projected to reach US$144 billion by the year 2024 , driven by the rising emphasis on child health and wellness, growing awareness and benefits of the right dietary habits, and continuous product innovations. Higher intake of empty calories, and imbalanced diets; intake of total sugar and fat twice that of recommended intake; greater incidence of childhood obesity; insufficient dietary intakes of iron, fiber and other micronutrients; high incidence of anemia, vitamin B2, B6, B12, vitamin A, and vitamin C deficiencies among school children, have shifted the focus...

The Global Market for Seafood is Projected to Exceed 180.4 Million Tons by 2022

As a Food Source Capable of Addressing Nutrition & Food Security Needs of a Growing World Population, Seafood to Witness Strong Consumption Growth, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Seafood market. The global market for Seafood is projected to exceed 180.4 million tons by 2022 , driven by its growing popularity as a food source capable of addressing nutrition and food security needs of a growing world population coupled with wider availability of various edible aquatic species amid robust growth in aquaculture yields. Seafood, referring to edible marine and aquatic creatures including finfish, molluscs and crustaceans, has been an integral part of food for mankind since the beginning of evolution. Right from hunter-gatherer period through to modern civilization, fish and seafood remained a part and part of human ...

The Global Market for Protein Ingredients is Projected to Reach US$50 Billion by 2024

Global Craving for High Protein Diets Spearhead Demand for Protein Ingredients, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Protein Ingredients market. The global market for Protein Ingredients is projected to reach US$50 billion by 2024 , driven by the growing demand for protein sources for meeting varying protein needs of the expanding global population, and rising popularity of high protein diets and the resulting demand for protein ingredients with high nutritional value and functional benefits. Protein is a vital nutrient required by the body and mainly consists of amino acids. Minimum daily intake of protein for an average individual is recommended at 0.8 g per kg of body weight and higher for nursing, pregnant women, older adults, and people building muscles. Protein continues to make a notable splash in the mac...

The Global Market for Fruit and Vegetable Juices is Projected to Reach 65.9 Billion Liters by 2022

Innovative Flavors and Organic & Functional Juices to Sustain Growth in the Global Fruit and Vegetable Juices Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Fruit and Vegetable Juices market. The global market for Fruit and Vegetable Juices is projected to reach 65.9 billion liters by 2022 , driven by the increasing demand for healthy products among health-conscious consumers, particularly in developing economies. The advent of innovative flavors and juice varieties and growing demand for organic and natural juices are also expected to fuel market growth. Fruit and vegetable juices are fast emerging as a choice of beverage among consumers of all age groups, owing to their refreshing attributes and high nutritional content. Over the years, fruit and vegetable juices have become an essential component of human d...

The Global Market for Honey in Terms of Volume is Projected to Exceed 2.8 Million Tons by 2024

Antimicrobial, Antibacterial & Antioxidative Properties Coupled With Rising Consumer Preference for Natural and Healthy Alternatives to Sugar Drive Global Consumption of Honey, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Honey market. The global market for Honey in terms of volume is projected to exceed 2.8 million tons by 2024 , driven by the growing consumer preference for organic, low-fat, and low-cal food products, and rising awareness of the myriad health and healing benefits of honey. Honey contains various phytochemicals along with other constituents including enzymes, organic acids and vitamins. Honey represents a uniquely produced food product available in a wide range of flavors and colors symbolizing the diversity of the floral sources it is derived from. Darker honey variants have more antioxidant content com...

The Global Market for Pet Foods is Projected to Reach US$97.8 Billion by 2024

Rise in Pet Ownership and Increasing Demand for Premium and Functional Pet Foods Drive Gains in the Global Pet Foods Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Pet Foods market. The global market for Pet Foods is projected to reach US$97.8 billion by 2024 , driven by rise in pet ownership and trends such as pet humanization, and growing preference among pet parents towards healthy, functional, and premium pet foods Commercially available pet foods industry is today inundated with limitless choices and multiple options at different price points, by breed type, life-stage, shapes and sizes, and ingredient preferences. The future for pet foods appears robust, with demand for healthy and premium end foods for pets providing the needed impetus. Besides widening product assortments and manufacturer innovations, factors suc...

The Global Market for Functional Foods and Drinks is Projected to Exceed US$195 Billion by 2024

Improvements in Safety, Efficacy and Nutritive Value Drive Renewed Consumer Interest in Functional Foods and Drinks, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Functional Foods and Drinks market. The global market for Functional Foods and Drinks is projected to exceed US$195 billion by 2024 , driven by rising focus on foods and drinks with additional functional constituents that provide disease-preventing, longevity-increasing, and health-promoting benefits. All foods provide energy and nutritional value essential for a healthy living and are hence “functional” in some way or other. However, today’s functional foods impart more than just sustenance of human life. The role of food and nutrition today encompasses correction of nutritional deficiencies to promotion of health and wellness to preventing diseases and offering hea...