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Showing posts from March, 2024

India Herbal Tea Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Herbal Tea Market size by value at USD 8.09 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   India Herbal Tea Market   size to expand at a CAGR of 5.74% reaching a value of USD 15.36 billion by 2030. The Herbal Tea Market in India is propelled by the rising lifestyle-related ailments, including diabetes and cardiovascular diseases and increasing awareness about the health advantages associated with herbal tea, particularly in addressing conditions like cancers and obesity. Polyphenols present in the tea have demonstrated substantial inhibitory effects on tumor cell growth and the induction of apoptosis or cell death. Given the global rise in the prevalence of these health issues, with heart diseases and cancer ranking as the leading causes of annual mortality, there is a projected increase in demand for herbal ...

India Meat Substitutes Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Meat Substitutes Market size by value at USD 41.52 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   India Meat Substitutes Market   size to expand at a CAGR of 7.87% reaching a value of USD 56.75 million by 2030. Meat Substitutes Market in India is propelled by the increasing adoption of plant-based innovative food products. In a predominantly vegetarian market, religious beliefs significantly influence the preference for vegetarian over meat products in India. The COVID-19 pandemic has further intensified this inclination towards vegetarian and vegan choices, especially among traditional meat consumers, fostering a heightened interest in plant-based meat alternatives. The market expansion is fueled by the growing appeal of healthier, sustainable, and cruelty-free options, with high-income consumers driving thi...

India Baby Food Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Baby Food Market size at USD 1.68 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   India Baby Food Market   size to expand at a CAGR of 12.23% reaching a value of USD 2.85 billion by 2030. The Baby Food Market in India is propelled by the increasing urbanization, rising medical complications, and evolving lifestyles among women. The category encompasses soft, easily consumable products for infants and toddlers, such as milk formulas and prepared baby foods made from mashed vegetables, fruits, and cereals, providing essential nutrients. The growing trend of self-employment and an expanding female workforce has led working mothers to opt for these products over traditional breastfeeding due to extended office hours. Also, medical complications during and after pregnancy contribute to the preference for infant mil...

India Functional Foods Market Industry Trends & Report 2023-2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Functional Foods Market size at USD 12.28 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Functional Foods Market size to expand at a CAGR of 14.74% reaching a value of USD 27.96 million by 2030.   Functional Foods Market in India   is propelled by the increasing demand for nutritional and fortifying food additives. Despite moderate impact from the COVID-19 pandemic, the market witnessed an upswing in demand for functional foods fortified with essential nutrients, driven by their perceived health benefits, including immune system enhancement. The market is steadily gaining momentum as companies intensify positive marketing efforts, promoting functional foods and expanding their online distribution channels, which bodes well for future market growth. Notably, concerns among the aging population regarding he...

Ginger Market Size, Share, Trend Analysis, 2023-2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Ginger Market size at USD 4.91 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   Global Ginger Market   size to expand at a CAGR of 7.12% reaching a value of USD 6.67 billion by 2030. An increasing demand for ginger across a range of industries, including personal care, pharmaceutical, and nutraceutical, is expected to propel the Global Ginger Market. By volume, BlueWeave estimated the Global Ginger Market size at 15.46 million metric tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Ginger Market size to expand at a CAGR of 3.81% reaching the volume of 20.08 million metric tons by 2030. Major growth factors for the Global Ginger Market also include the wide application of ginger in the food and beverages sector and the high use of ginger as herbal medicine. Opportunit...

Asia Pacific Pet Food Market Industry Trends & Forecast Report, 2030

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Pet Food Market size by value at USD 28.93 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the   Asia Pacific Pet Food Market   size to expand at a CAGR of 12.45% reaching a value of USD 65.71 billion by 2030. The Pet Food Market in Asia Pacific is propelled by the surge in pet ownership, rising awareness regarding pet health and wellbeing, and an upswing in online pet product sales. Leading market players are introducing plant-based pet food and allergen-free products, addressing the ethical concerns of vegans and vegetarians who live with both carnivorous and omnivorous pets. Notably, companies in the Asia Pacific Pet Food Market are prioritizing research and development initiatives to introduce innovative, high-quality pet food products. Simultaneously, pet food manufacturers are shifting towards using mor...