The global ice cream market generated revenues of US$143 billion in 2015, representing a CAGR of 3.6 percent between 2011 and 2015.
The global dinner ready-to-eat foods market is forecast to grow steadily at a CAGR of above six percent by 2021, according to Technavio.
China’s infant formula market is the biggest in the world. Sigalit Zchut, clinical marketing manager, infant nutrition, Infat-Advanced Lipids, explores its extraordinary growth.
Though it’s still an emerging regional segment market, it has been experiencing a rush in popularity in countries such as China and India which in turn will help the market to grow, reported Research and Markets.
A Transparency Market Research report, titled “Condiments Sauces Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” has stated that the Asia Pacific condiment sauces market will see a growth of 5.85 percent CAGR from 2014 to 2020 to register a rise valued at US$8,629.7 million by 2020.
According to a new market report that looked at the trends of the green packaging market from 2015 to 2021, the market for green packaging is expected to grow at a CAGR of 6.2 percent between 2015 and 2021. The report from Transparency Market Research pins the overall value of the global green packaging at US$132.4 billion in 2014. It is expected to reach US$203.1 billion by end 2021.
The global halal food market has witnessed sustained growth in recent years, with increasing demand from the growing Muslim population, as well as other communities looking for healthy options. What are the key drivers for the market and what market opportunities would it bring? By Faisal Ghaus, VP, TechNavio Research
Half of today's consumers (51%) say that they eat snacks at least twice a day, an increase from 48% in 2012.