Food & Beverages Industry Highlights

The global  food thickeners market  is expected to reach USD 18.9 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for flavored beverages and carbonated drinks is expected to propel growth over the forecast period. Major players in the industry are the global conglomerates with high production volume and wide regional presence. CP Kelco, DuPont, and ADM are some of the key players involved in manufacturing food thickeners. These companies compete on the basis of price and product quality, thereby triggering competitive rivalry. Starch and its derivatives are widely preferred owing to their low cost, wide availability, and high-shelf life properties. Hydrocolloids such as pectin and various types of gums are used as thickeners owing to their gelling, thickening, and superior stability properties. However, the high cost of hydrocolloids is expected to hamper their growth. U.S. food thickeners market revenue by application, 2014 - 20...

Global  egg phosphatidylcholine market   is poised to reach USD 12.2 million by 2020.Key factors attributing to its rapid growth include the presence of high chlorine essential nutrient content which helps patients to recover from memory loss. Growing occurrence of neurological diseases including amnesia and Alzheimer’s among aged population is expected to increase the demand for egg phosphatidylcholine. Demand for egg phosphatidylcholine is expected to grow over the forecast period owing to increasing awareness among consumers regarding consumption of food high with nutritional value. Increasing awareness among youth to use quality cosmetic products is expected to further propel growth. In cosmetics, the compound is used as a solubilizer, moisturizer and emulsifier for different ointments. It helps in preventing cellular damage to the skin structure and provides elasticity and smoothness. The segment is expected to grow at a CAGR of 5.0% over the forecast period to re...

The global  craft beer market  is expected to reach USD 502.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer. The government in countries including Australia, New Zealand, Belgium, Mexico, China, and the UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation coupled with the willingness of the consumer to pay extra for better tasting brews. Australia, Belgium, Germany, U.S. and New Zealand are the major craft beer producing countries with over 65% of the overall production in terms of value as well as volume. Belgian is the most preferred beer among the major craft beer consuming countries owing to the premium quality, clean taste and rich flavor & ...

The global  food glazing agents market  is expected to reach USD 5.24 billion by 2024, according to a new report by Grand View Research, Inc. The increasing consumption of the processed and convenience items is expected to drive the industry in the near future. Food items with perfect colorful texture and attractive appearance are also expected to fuel industry growth over the forecast period.  Manufacturers have been providing customized glazing agents in accordance with the client requirements in stipulated time frames. This has been possible in the business on account of the technological advancement coupled with the development of enhanced ingredients.  Technological developments in the processing of these agents have therefore established as an important factor in changing the business process. Carnauba wax was the leading product segment and accounted for 23.2% of total market revenue in 2015. It is used for preparing glazing agents in confectionary and...

Global  Halal Food Market  is expected to reach USD 2.10 trillion by 2025 , according to a new report by Grand View Research, Inc. The global halal food industry is expected to witness significant growth over the forecast period owing to increasing Muslim population and their substantially increasing expenditure on food & non-beverages, which is considered as the main driving force of this market. The total Islamic population is expected to increase from 23% in the present situation to around 30% of the total world population by 2030. World over initiatives has been seen escalating since the last few years with the advent of few events in Asia Pacific and the Middle East & African region, which are the top two regions contributing to the growth of the global market. A major bilateral initiative to mention would be the cooperation between Abu Dhabi and South Korea, which allowed South Korea to gain further access to the global halal food market. Governments of the...