Market Research Report Insights

The global lager market size was valued at USD 366.94 billion in 2018. Rising demand for premium beer will boost the demand for lager in the market. Moreover, consumer preferences, improving standard of living, increasing disposable income, and changing lifestyles in developing economies, including China, India, and Mexico, are expected to fuel the product demand. Furthermore, various health benefits associated with the product such as lowering the risk of kidney stones, heart attacks, and strokes are expected to remain a favorable factor for the market growth over the next few years. Beer is commonly produced with four basic ingredients: water, malted cereals, yeast, and hops. These ingredients then undergo a fermentation process for over a certain period of time.  Beer  are largely categorized into two types: ale and lager. The basic difference between both the types of beer is the yeast that is used for fermentation. Selection of the yeast is based on the fermentation...

The global dried berries market size was valued at USD 29.70 billion in 2018 and is anticipated to register a CAGR of 5.8% from 2019 to 2025. Surging health awareness, acceptance of the product as a perfect health food, and increasing disposable income are the major factors driving the growth. Dried berries are processed by eliminating water content from the fruit using drying methods such as solar drying, vacuum drying, microwave drying, and freeze drying. Drying enhances flavor, shelf life, and binds the nutrition value of the product. Rising health concerns and inclination of people towards healthy food are expected to stimulate the product demand. Surging preference for healthy, organic substitutes is a contemporary trend expected to drive the market, owing to factors such as rise in disposable income and prevalence of heart diseases and hypercholesterolemia among other chronic diseases. Blueberries, being rich in antioxidants, help reduce oxidation of ‘bad’ cholesterol thus m...

The global concentrated milk fat market size was valued at USD 2.92 billion in 2018 and is anticipated to expand at a CAGR of 10.28% from 2019 to 2025. The growth is driven by increasing application of concentrated milk fat in food and beverage industry, primarily due to its longer shelf life and ease of transportation and storage. These benefits reduce the overall cost giving advantage to the foodservice providers and therefore accelerating the growth. The production and sales of concentrated milk fat has increased in the past few years, owing to its wide range of application in the food and beverage industry. It finds application in chocolates, oils, and ice creams among other food products. Increased consumption of these food products is resulting in anticipated to drive the market in near future. For instance, the global market for ice cream was estimated to be 54.80 billion in 2016, and is expected to expand at a CAGR of 4.1 % from 2019 to 2025, driving the demand for concent...

The global Dairy-Free ice cream market size was valued at USD 455.9 million in 2018 and is anticipated to expand at a CAGR of 14.8% over the forecast period. Increasing awareness about health, rising incidences of lactose intolerance and other milk related health issues, and socialization trends are expected to fuel the market growth in the forecast period. Rapid increase in commercialization, along with growing plant based milk production, is a key factor propelling the demand in non-dairy ice cream market. Product innovation for enhancing taste and technological advancements in the industry provide a positive perspective to the market. Multiple product launches with different taste and preferences will act as a stimulant for the market in the forecast period. For instance, apart from its existing flavors, Ben & Jerry’s come up with various other flavors, particularly for U.K. Increasing number of distribution channels owing to penetration of various MNC’s in the market w...

The global organic tobacco market size was valued at USD 141.8 million in 2018 and is expected to expand at a CAGR of 7.4% during the forecast period. Rising awareness among occasional as well as heavy smokers regarding the advantages of using organic flavored tobacco to quit smoking is projected to remain a favorable trend in near future. Furthermore, these products find use as they do not contain any harmful substances including ammonia, bleach and pesticides. Over the past few years,  tobacco  farmers have been increasing spending on adopting organic farming methods which boost the crop yield as compared to conventional cultivation technologies. Furthermore, the United States Department of Agriculture (USDA) permitted use of the product for smoking as well as non-smoking applications. The majority of smokers are now shifting towards organic tobacco rolled cigarettes, which is positively impacting the market. Rising health awareness is driving smokers to change thei...

The global cider market size was estimated at USD 4.33 billion in 2018 and is anticipated to register a CAGR of 3.1% from 2019 to 2025. Increasing demand for premium spirits on account of rising per capita income as well as consumption of alcohol as a status symbol are among the major growth drivers. Consumers increasingly prefer heritage, quality, and innovation in alcoholic drinks. Adoption of premium products, particularly by millennials owing to the increasing standard of living is one of the key trends observed in the market. Millennials, on account of being health conscious, are more inclined towards fruit-based drinks. The reduction of beer consumption in developed countries such as U.S. and U.K. has added to the growth of improved craft ciders. For instance, in 2017, HP Bulmer Limited, launched two products of Kier’s Clody Apple and Sarah’s Red Apple. The product is touted as a gender balanced category where male drinkers account for 51% while females account for 49%. ...

The global deodorizer bags market size was valued at USD 546.2 million in 2018 and is expected to expand at a CAGR of 6.7% by 2025. The market is driven by surging demand for the deodorizing agents in the automotive sector. The growth in the market is also attributed to rising concerns over odor in the footwear products. Rise in the number of innovations by the market players such as use of natural products like bamboo has also contributed to the growth of the market. For instance, in February 2017, Great Value SG launched a product named Bamboo Charcoal Deodorizer Mini Bags for use in shoes, lockers, and gym bags. Moreover, improvement in the living standards among the working and high class population is expected to increase the demand for deodorizer bags, thereby driving the global market.   Moreover, growing concerns over use of plastic and rising demand for effective packaging solutions have initiated the growth of these products in the market. Similarly, introdu...