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Showing posts from January, 2023

Industrial Sugar Market worth US$ 71.7 Billion 2029 with a CAGR of 5.2%

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  Industrial Sugar Market  is projected to grow from US$ 45.1 billion in 2019 to US$ 71.7 billion by 2029. The global industrial sugar market is expected to register moderate growth over the forecast period. This is attributed to  increasing demand for industrial sugar from end-use applications such as confectionary, cereal, dairy, bakery, pharmaceutical, and beverage industries.Re-use of by-products such as bagasse, mud or filter cake of industrial sugar  is expected to create lucrative growth opportunities for new as well as existing players to gain competitive edge.   The report  " Industrial Sugar Market, by Type (White Sugar, Brown Sugar, and Liquid Sugar), by Form (Granulated, Powdered, and Syrup), by Application (Dairy, Bakery, Confectionery, Beverage, Canned and Frozen Foods, Pharmaceuticals, and Other Food Items), by Source (Cane Sugar and Beet Sugar),  and Region - Forecast to 2029"    Key Highlights : ·   ...

Tea Market worth US$ 104.2 Billion 2029 with a CAGR of 6.6 % during the forecast period

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  Tea Market  accounted for US$ 58.5 billion in 2020 and is projected to register a moderate CAGR of 6.6% over the forecast period.  Tea is a fragrant drink made from the Camellia Sinensis plant. It is one among the world's most popular beverages. The most popular teas are black and green teas, with herbal tea gaining popularity. Tea is considered a healthy beverage since it contains a variety of powerful antioxidants as well as minerals including potassium, manganese, magnesium, and calcium. Tea use on a regular basis helps to minimise cell damage caused by free radicals, lower cholesterol levels, and promote healthy weight loss. The report " Global Tea Market, By Product Type (Black Tea, Green Tea, Fermented Tea, Herbal Tea, and Others), By Distribution Channel (Hypermarket/Supermarket, Specialist Retailers, Convenience Stores, Foodservice Channels, and Others), and Region - Global Forecast to 2029’’ Key Highlights: In 2021, Society Tea intends to...