Posts

Showing posts with the label Food and Beverages

Stevia Is Estimated To Witness High Growth Owing To Opportunity In Sugar Substitutes

Image
Stevia Market   Stevia is a plant native to South America which is widely used as a natural sweetener and sugar substitute. It is extracts from the leaves of the stevia plant contain glycosides, primarily steviol glycosides which are intensely sweet compounds and have zero calories. Stevia is widely used as an alternative to table sugar as it does not elevate blood glucose levels. The global stevia market is driven by the increasing number of health-conscious consumers and growing demand for plant-based and natural ingredients in the food and beverage industry. The global Stevia Market is estimated to be valued at US$ 716.49 Mn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increasing prevalence of obesity and diabetes around the world has created robust demand for low-calorie sugar substitutes. Rising health awareness has encouraged consumers to...

Scottish Whisky Market Is Estimated To Witness High Growth Owing To Opportunity Of Emerging Markets

Image
Scottish whisky Market Scottish whisky is a type of whisky originating from Scotland. Some key varieties of Scottish whisky include single malt scotch, blended scotch and single grain scotch. Scottish whisky has gained popularity globally due to its unique taste and quality. It is known for its smoother taste and refined character. Wide variety of flavours ranging from fruity to smoky can be experienced in different varieties of Scottish whisky. The global Scottish whisky Market is estimated to be valued at US$ 7.69 Bn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Emerging economies in Asia Pacific and Latin America present a huge growth opportunity for Scottish whisky producers. Countries like China, India and Brazil have shown significant increase in discretionary spending over the past decade. With rising affluence, more consumers in these emergin...

Sinking Fish Feed Market Is Estimated To Witness High Growth Owing To Opportunity In Aquaculture Technology Advancement

Image
 sinking fish feed market  Fish feed plays a vital role in aquaculture by providing essential nutrients to cultivated fish. It consists of fishmeal, fish oil, vitamins, minerals, and other ingredients that help meet the dietary needs of farmed fish. Advancements in aquaculture feed technology help ensure high nutritional value, enhanced digestibility, and minimized environmental impact. The growing adoption of compound and extruded sinking fish feed formulations is driving the global aquaculture industry. The global sinking fish feed market is estimated to be valued at US$ 10.76 billion in 2023 and is expected to exhibit a CAGR of 9.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The development of next-generation floating and sinking fish feed presents a major market opportunity. Technologies facilitating higher inclusion levels of alternative proteins from plant, insect, and microbial source...

Tequila Market Is Estimated To Witness High Growth Owing To Growing Blending Trend

Image
Tequila Market  The Tequila Market is estimated to be valued at US$ 434.1 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Tequila is a distilled beverage made primarily from the blue agave plant, primarily in the area surrounding the city of Tequila, 65 km northwest of Guadalajara, and in the highlands of the Mexican states of Jalisco, Michoacán, Tamaulipas and Guanajuato. Tequila is known for its distinctive flavor made from the agave plant that invokes the essence of earthiness, citrus, spice and flowers that adds aromatic complexity to cocktails. Tequila's rich culture and heritage make it an exotic spirit choice among consumers globally. Market key trends: The blending trend of tequila with other flavoring ingredients is gaining popularity among consumers. This has led to the emergence of many flavored tequila variants infused with fruits, he...