Food & Beverages Industry Highlights

The global  tannin market  is expected to reach USD 3.39 billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing demand from the leather industry has been a major factor driving market growth. The utilization of tannin extracts in pharmaceuticals has increased owing to the growing consciousness regarding the medical advantages of tannin-based products. Tannins are extensively utilized for the production of wine owing to their high anti-oxidation properties. These are used to provide color stabilization of wine and also to provide structural stability. All these factors are expected to benefit the demand for wine applications over the forecast period. U.S. tannin market volume by product, 2014 - 2025 (Kilotons) Tannins have mucosal tissues and coagulate proteins, which is useful for soothing skin irritation and pain. Medical tannin based products are utilized for soothing scars on the skin, wounds, sore mouth, minor hemorrhages, burn...

The  U.S. hospital & nursing homes probiotics market  size is expected to reach USD 203.7 million in 2025, according to a study conducted by Grand View Research, Inc., and is projected to expand at a healthy CAGR of 9.3% over the forecast period. Growth in use of probiotics in healthcare institutions has created various new applications for the product, which is contributing toward development of this market. Rising demand for natural and healthy products is encouraging manufacturers to include probiotics in their products, which is projected to propel demand in the coming years. Manufacturers are also currently involved in overall market development by creating awareness about the advantages of probiotics. For this purpose, they prefer a collaborative approach by entering into long-term partnerships with probiotic strain suppliers. In U.S., the ratio of community hospital capacity per 1,000 residents was 2.5 beds per individual in 2014, while the average duration ...

The global  meat processing equipment market   size is expected to reach USD 16.22 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.2% during the forecast period. Rising demand for processed meat products owing to changing eating habits is anticipated propel industry growth over the forecast period. Increasing purchasing power of buyers owing to rising per capita income is expected to boost industry growth. In addition, factors such as growing number of slaughterhouses, improved packaging strategies, and introduction of a number of ready-to-eat meals are expected to benefit market growth. Notable investments by companies in order to improve processing technology is presumed to increase equipment sales. Increasing focus of companies on developing technology to improve product safety and quality and increase productivity is also expected to boost demand for advanced processing equipment. High demand for animal proteins owi...