Food & Beverages Industry Highlights

The global  food coating ingredients market  is expected to reach USD 5.52 billion by 2025, according to a new report by Grand View Research, Inc. Growing food & beverage industry along with the growing popularity of fast food restaurants across various age groups has been a major factor driving the market growth.  Food coating is a part of food processing activity and is used to improve the product’s structure, taste, and texture. The process involves keeping the product moving while applying the coating ingredient in a specific pattern. These coatings not only help protect the underlying product but enhance the overall appeal and quality of the product. Global food coating ingredients market by product, 2014 - 2025 (USD Million) The accelerating food processing industry is expected to bolster the growth of the product market. Moreover, the drift in the consumption patterns of the consumers and many of them opting for processed food, ready to eat and froze...

The global  beverage packaging market   size is expected to reach USD 173.26 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.5% during the forecast period. Increasing consumption of beverages coupled with surging demand for convenient and sustainable packaging solutions is estimated to propel the market. The global beverage packaging market is witnessing a huge demand from alcoholic as well as non-alcoholic beverage segments in emerging economies. The overall market is also observing growth on account of soaring demand for functional drinks. Rapid urbanization and widening base of middle-class population in developing economies are resulting in lifestyles changes, including rise in the demand for beverages. Bottle & jars were the largest product segment in 2016. However, carton is anticipated to witness the most promising growth over the forecast period owing to burgeoning adoption of active packaging. It helps in...

The global  saffron market  is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years. The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years. U.S. saffron market revenue, by application, 2014 - 2025 (USD Million) Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand. Increasing product use in textile and paint applications on account ...

The global  carotenoids market  is expected to reach USD 1.74 billion by 2025, according to a new report by Grand View Research, Inc. The growing application in human food, animal feed, dietary supplements, medicines, and cosmetic application owing to the presence of essential nutrients and vitamins in carotenoids will drive growth over the upcoming years. Furthermore, the increasing demand for these applications on account of population growth, increasing consumer surplus, and health awareness will aid in the industry expansion. U.S. carotenoids market revenue, by product, 2014 - 2025 (USD Million) The usage of these products in the pharmaceutical sector will witness substantial revenue growth at a CAGR of 4.3% from 2016 to 2025. These products act as antioxidants within the body and protect the body against chronic diseases, cellular damage, and the effects of aging. Carotenoids aid in supporting eye, skin, cardiovascular health, and are being widely used for cancer...