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According to the latest report by IMARC Group, titled “Yeast Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global yeast market size has witnessed moderate growth during 2013-2018. Yeast is a single-celled fungus that is used in the production of bread, beer and wine. It is responsible for leavening the dough and imparting fermentation to the product. Among the different types of yeast, commercial yeast, also known as Saccharomyces Cerevisiae, is the most widely used and consists of 50 percent protein with high amounts of vitamins B1, B2, niacin, and folic acid. It is also added as a savory seasoning in a wide variety of vegan dishes, such as pasta, vegetables, and salads, for imparting a nutty and cheesy flavor.
According to the latest report by IMARC Group, titled “GCC Fruit Juice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the GCC fruit juice market size reached a value of US$ 2,275 Million in 2018. As the GCC region has witnessed strong economic growth in the past few decades, the per capita spending on food and beverages has also increased at a faster pace. Moreover, on account of increasing health awareness, the consumers are now shifting from carbonated drinks towards healthier alternatives, such as non-carbonated and natural fruit beverages. Additionally, the introduction of value-added products is gradually increasing the demand for fruit juice in the region.
According to the latest report by IMARC Group, titled “Philippines Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market size reached a of US$ XX Million in 2018. Although coffee and tea capsules have gained traction in the international market, the demand of coffee and tea capsules in Philippines is rapidly advancing in Asian countries like the Philippines, Korea and Thailand. Amongst these, the Philippines is a coffee-producing country and provides four viable coffee variants: Robusta, Arabica, Excelsa and Liberica (Barako). Moreover, the country has one of the world’s largest youth population with a median age of 23 years which prefers coffee over tea. As a result, the...
The latest report by IMARC Group, titled “Aquafeed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the global aquafeed market reached a volume of more than 49.3 Million Tons in 2018. Aquafeed refers to commercially manufactured feed for aquatic animals. It is usually made up of various raw materials and additives including plants, marine animals, terrestrial-based live feeds, grain products, vegetable protein and fish oil. The feed provides a balanced diet which is essential for rearing healthy fishes. It is rich in nutrients like protein, vitamins, minerals, carbohydrates, and lipids and fats which aid in promoting efficient growth and encourage reproduction among aquatic animals.
The West Africa food services market has experienced a positive growth over the past few years. This can be accredited to factors such as willingness of consumers to try new flavours and premium food products, increasing adoption of western lifestyles and rise in migration rates.
The global yogurt market has witnessed a steady growth over the past several years. The demand for yogurt is surging on account of the health benefits associated with its consumption along with the changing tastes and preferences of the consumers.
Over the years, the Vietnam online food delivery market has been witnessing a robust growth. This can be highly attributed to changing lifestyles, increasing young population as well as various technological developments in food industry.
The global food packaging market has witnessed a stable growth over the past few years. The market is being driven by R&D activities by the manufacturers coupled with rising popularity of single-serve packaging which complements on-the-go consumption.