Food

  A recent study ,  conducted by the strategic consulting and market research firm  BlueWeave Consulting ,  revealed that the global plant extracts market was worth USD 29.2 billion in 2020.  The market is thriving and  is estimated to grow at a CAGR of 11.7%, earning revenue of around USD 60.1 billion by the end of 2027.  The  global plant extracts market  is gaining pace due to a growing preference for herbal phytomedicines over allopathic medications . Moreover,  changing lifestyle patterns, increased stress, and chronic diseases   are driving demand for herbal supplements , thereby propelling the market forward .  Furthermore, rising technological advancement in extraction processes, reduction in time for processing, rising competition in terms of quality is anticipated to boost the market demand for plant extracts  during  the forecast period. However, high volatility in the supply of raw materials ,  along ...

  A recent study by the strategic consulting and market research firm;  BlueWeave Consulting  revealed that the  Saudi Arabia Food Delivery Market  was worth USD  762.8  million in 2021 and is projected to reach USD  3.842.6  million by the year 2028, growing at a CAGR of 24.4% over the analysis period of 2022- 2028. Some of the key factors driving the growth of the Saudi Arabia Food Delivery market are government efforts into accelerating food delivery sector, emergence of cloud kitchen amidst the region and growing prominence of food delivery services among full-service restaurants. Growing Prominence of Food Delivery Services Among Full-Service Restaurants Is Projected to Drive the Saudi Arabia Food Delivery Market Food delivery apps are becoming increasingly important to restaurants and food outlets in Saudi Arabia as a means of developing and managing their businesses. The full-service restaurants are particularly prone to this dependenc...