Food

  A recent study by the strategic consulting and market research firm  BlueWeave Consulting  revealed that the  India Dietary Supplements Market   was worth USD 4.31 billion in 2021 and is projected to reach USD 11.7 billion by the year 2028, growing at a CAGR of 15.4% during the period of 2022-2028.  The growth of the Indian dietary supplements market can be primarily attributed to large-scale launches of high-quality supplements by different market players to suit the different needs of a diverse population. Moreover, factors like a growing trend towards preventive healthcare coupled with the rising disposable incomes are likely to propel the market over the forecast -period. Large Scale launch of High-Quality Supplements by Market players The market players are coming up with high-quality and secure dietary and food supplements in order to meet the standard set by major regulatory agencies and governments. Additionally, during the projection years, there...

  A recent study by the strategic consulting and market research firm,  BlueWeave Consulting  revealed that the UK  Gluten-Free Products Market is expected to grow at a CAGR of 12.5% during the forecast period (2022-2028) .   The growth of the  UK Gluten-Free Products Market  can be attributed to the increasing prevalence of celiac disease and the increasing shift of the population to a healthier diet. Moreover, the growing prevalence of irritable bowel syndrome (IBS) drives the market growth in the forecast period. In addition, increasing awareness of food intolerances and increasing the use of microencapsulation technology to improve the shelf life of gluten-free products present great opportunities for this market. Increasing Prevalence of Celiac diseases along with other food allergies to drive the Market Growth According to a report by NHS UK, in 2021, at least 1 in 100 people have celiac disease in the UK However, some experts believe this may be...

  A recent study conducted by the strategic consulting and market research firm,  BlueWeave Consulting , revealed that the  Asia-Pacific Cocoa and Chocolate  Market was worth USD 9.14 billion in the year 2021. The market is projected to grow at a CAGR of 4.6%, earning revenues of around USD 12.45 billion by the end of 2028. The  Asia Pacific Cocoa and Chocolate  Market  is booming because Dark and sugar-free chocolates are becoming increasingly popular among consumers. Because nowadays customers are aware of the benefits of dark chocolate, they have developed a liking for it. Organic ingredients are now being used by chocolate manufacturers. Also, to attract customers, numerous chocolate manufacturers have produced functional chocolates including prebiotic elements and vitamins. As a result, rising chocolate demand is a major driver of cocoa demand in the Asia-Pacific cocoa industry.  However, fluctuation in cocoa prices  may act as a huge re...

  A recent study conducted by the strategic consulting and market research firm,  BlueWeave Consulting , revealed that the Global Shrimps Market was worth USD 30.64 billion in the year 2022. It is estimated to grow at a CAGR of 10.4%, earning revenue of around USD 74.28 billion by the end of 2028. The lucrative growth of the  Global Shrimp Market  is attributed to health awareness, the rising purchasing power of the consumers, expanding Food and Beverage industry, adoption of a variety of shrimp and convenience food products,  rising environment-friendly production techniques , as well as increasing consumption of various frozen shrimp food products across the globe. Furthermore, Global Shrimp Market is one of the most emerging markets that grow continuously owing to the fast advantages and integration of new technologies like the Internet of Things (IoT), artificial intelligence (AI), cloud computing, and others. Moreover, some consumers are more concerned abou...

  A recent study by the strategic consulting and market research firm;   BlueWeave Consulting   revealed that the   India Plant-Based Meat Market   was worth USD 38.2 million in 2021 and is projected to reach USD 836.2 million by the year 2028, growing at a CAGR of 54.7% over the analysis period of 2022-2028. The growth of the Indian plant-based meat market can be primarily attributed to burgeoning demand owing to the rising trend towards veganism and increasing awareness about the benefits of plant-based meat. Moreover, the favorable growth and marketing strategies adopted by major players further drive the market growth over the forecast period. Growing Trend Towards Veganism Propelling the India Plant-Based Meat Market The rising awareness about the advantages of a vegan diet is one of the significant factors for the growth of plant-based meat products in India. In May 2021, the US Department of Agriculture released a report that denoted India as "a burgeonin...