With constantly changing consumer demands and preferences, evolving purchase patterns and rapid changes in lifestyles, the global soft drink market is changing and growing with rapid speed, while the top 10 world’s largest soft drink companies are dominating the global market. Indeed, new products are launched at a frequent rate and sometimes entire new and…
Recording a CAGR of 3.7%, the global beer market is predicted to reach USD 141.28 billion by 2027.
Tea remains a perennial favourite drink around the world, with numerous varieties and variations for consumers to choose from. While traditional staples like pure black and green teas continue to appeal, trends in flavor and format come and go. Some of these trends endure for years, such as the popularity of matcha in North America,…
Consumer preferences are constantly changing, with new ingredients, diets, and lifestyles influencing what types of products people expect from the global baked goods industry. Many continue to seek out healthier takes on their favorite baked goods, either in terms of ingredients or portion size. The shorter the ingredient list the better, with bonus points for…
Coffee pods have become a staple in offices and homes around the world. Their convenience and variety make them crowd-pleasers, as they don’t require a lot of setup or cleaning and users can store multiple types at once without worrying about them going bad quickly. However, as with most single-serve products, coffee pods create a…
The global plant-based meat market is becoming increasingly sophisticated. Companies are developing products so similar to animal products that they are difficult or impossible to tell apart from the real thing, helping manufacturers extend their reach to consumers who don’t want to give up the taste or texture of meat. As more varieties of imitation…
The COVID-19 pandemic has been impacting numerous industries around the world, and the animal feed market is no exception. Farmers are stocking up in case the animal feed supply dries up in the future, leading to shortages in many different countries. Other industries are helping contribute to the market, however, as unsold food and drink…
Beer is popular around the world, but different cultures have their own preferences and ways of enjoying it. Japan is no exception, with certain beer types and brands dominating the market. Japanese beer culture also has its own traditions when it comes to serving and drinking the beverage. A Japanese favorite When you think of…
Beer trends may come and go, but love of beer remains a constant. It takes different forms in different countries (did you know that Japan loves lots of foam?), but beer continues to be a staple in countless places around the world. Not only is the beer industry a constant, it’s not slowing down, either….
There are a wide variety of options available in the ice cream industry these days, particularly artisanal ice cream varieties. Supermarket shelves hold a trove of different products, and an increasing number of creative, independent ice cream shops are springing up in cities around the world. Amidst all of this competition, companies need to get…
