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  Market Forecast The global packaged food market size is projected to be valued at  USD 4.11 trillion  by 2028at a CAGR of  4.52%  between 2021 and 2028. Packaged food is food item that are prepared in advance and packed by manufacturers to make it shelf stable. Also, organically certified packaged food is manufactured with organic methods that are free from genetically modified organisms (GMO) and artificial ingredients. Long working hours, traveling time, increasing hectic lifestyle, and changing eating habits of consumers are some of the factors that are responsible for the increasing demand for packaged food. Packaged food brands realized the importance of packaged food & beverages in emerging economies. So, manufacturers are focusing on introducing smaller pack sizes at low prices to attract middle class population in emerging economies of Asia-Pacific region. They are also concentrating on attractive packaging with vibrant colors and varieties to a...

  The global plant-based meat market is expected to exhibit a strong 14.17% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global plant-based meat market is expected to reach a valuation of USD 16.4 billion by 2025. Plant-based meat comprises meat substitutes made from plant products. There are a variety of plant-based meat substitutes that hold an important presence in the cuisine of various regions, such as tofu, seitan, and tempeh in Eastern Asia. These products have migrated to Western markets in recent years due to the growing popularity of veganism and the growing awareness among consumers about the adverse effects of the meat industry on the planet’s ecosystem. The growing popularity of these products in affluent markets such as North America and Western Europe is likely to be a major driver for the global plant-based meat market over the forecast period. The rise of veganism has been promi...

  Market Highlights Global Shea Butter Market is estimated to be valued at  USD  1,048.2  Million by 2026, registering  a CAGR of 5.40% during the forecast period .  The declining production of cocoa beans and the escalating demand for cocoa butter alternatives are supporting the growth of the global shea butter market. Few other factors that have lowered the cocoa products include pests and diseases (that damages 30% of annual production globally), volatile raw material prices, competition from other crops, aging trees reducing productivity, etc. Hence, with the decreasing cocoa bean production, manufacturers are moving towards cocoa butter alternatives that generate higher revenue. North America accounts for the second-largest market for shea butter in 2019, and the trend is expected to continue during the review period. The US was the largest country-level market with a share of 79.15% in 2019. However, Canada is projected to exhibit a substantial...

  Market Highlights Global Dried Fruits Market is estimated to be valued at  USD  9,081.70  Million by 2026, registering  a CAGR of 4.41% during the forecast period .  The increasing demand for superfruit powder is supporting the growth of the global dried fruits market. Growing health concerns and shifting lifestyle of the consumers are the significant factors responsible for the growth of functional beverages, both in developed and developing economies. Furthermore, dried fruits find application in various industries, including bakery and confectionery, dairy and frozen desserts, beverages, sweet and savory snacks, and breakfast cereals, with bakery and confectionery being the largest application industry. The Rest of the World was the largest market for dried fruits in 2019, and the region is expected to continue the dominate the global dried fruits market during the review period. The Middle East was the largest country-level market with a share...

  Overview The frozen food market is set to grow at a CAGR of 5.68% during the forecast period 2018 to 2026. As per the market research report, the market will hit USD 253,674.8 million in terms of valuation by the end of 2026. The market growth will be driven by the changing social behavior. Based on the research report, the increasing disposable income will accelerate growth in the market till 2026. Although the low demand from developing countries will have a negative impact on the global frozen food market’s growth during this period. The high cost associated with products is predicted to be a key challenge which could become a strong threat from 2018 to 2026 to companies. The market report published by expert analysts includes primary and secondary data and suggests that service, type, technology, and vertical segments are anticipated to witness tremendous growth till 2026. Factors such as shifting trends in the consumer market will become key growth drivers during the...

  Market Highlights Global Butter Market  is projected to be valued at  USD 58,119.2 Million by 2025,  expanding at a  CAGR of 2.41%  during the forecast period. Butter is a high-fat dairy product processed from milk or cream. The growth of the global butter market is driven by the growth of hotels/restaurants/cafes (HoReCa) industry. However, the rising demand for vegan and plant-based butter is hampering the growth of the market. The increasing investments in R&D for innovation are expected to create lucrative opportunities for market players in the coming years.        Asia-Pacific accounted for a dominant share of the butter market in 2018 owing to the growing chocolate industry in the region. India, followed by China, is among the most lucrative markets for manufacturers in the region. The growing HoReCa industry in the region is fueling the market growth for butter in Asia-Pacific. As per the data revealed by the Mal...

  Market Highlights Global Vitamin & Mineral Supplements Market  is estimated to be valued at  USD 1,08,148.1 Million by 2025,  registering a  CAGR of 6.70%  during the forecast period. The global vitamin & mineral supplements market is expected to register a notable growth rate during the forecast period. Increasing consumer awareness regarding the importance of preventive healthcare and untapped markets in developing countries are driving the market growth. Moreover, the expansion of the organized retail sector in developing economies offer growth opportunities for manufacturers. However, the side effects associated with the overconsumption of these supplements are restraining the growth of the market. Asia-Pacific constituted a dominant share of the global vitamin & mineral supplements market in 2018. The regional market is expected to exhibit a CAGR of 7.32% during the review period. The expansion of product portfolios by key manufa...