Global probiotic ingredients market size estimated to reach US$3.97bn by 2026

WORLD – Expanding R&D investments in dietary supplements by major manufacturers and continuous product development in nutritional beverages are expected to catapult the global probiotic ingredients market size to US$3.97 billion by 2026. This is […]

Coronavirus crisis spreads to producers in the European dairy sector

EUROPE – The spread of the Coronavirus has impacted the European dairy sector significantly leading to major difficulties in procurement and logistics in the processing industry. According to a recent update by the European Milk […]

Europe plant protein market projected to nearly reach US$10bn by 2027

EUROPE – The Europe plant protein market was valued at US$5.808 billion in 2018 and is expected to grow at a CAGR of 5.9% during the forecast period 2019 – 2027, to account to US$9.452 […]

Coronavirus pandemic: Food and beverage firms step up efforts to mitigate spread

WORLD – In the wake of the rapidly increasing numbers of reported coronavirus cases, food and beverage companies as well as retailers across various markets have been seen to coordinate their efforts to prevent the […]

Ice cream market shifts towards greater pleasure and less guilt, says Innova

WORLD – Pleasure is still the driving force behind ice cream purchases, with consumers naming its taste, the fact that it’s a treat and makes people feel happy as the top three reasons for buying […]

The dairy industry in Kenya: production capabilities, investments, innovations and trends

KENYA – The dairy industry in Kenya remains one of the most critical sectors of the economy. With rising innovations, investments and sophistication of the sector, the last few years has seen the emergence of […]

Global players focusing on surging demand for no/low alcohol beverages to drive growth

WORLD – “This is a movement,” pronounced Marcus Sakey, the founding partner and chief brand officer of Ritual Zero Proof, as the World’s largest spirits maker Diageo announced a minority investment in the US-based alternative […]

United States annual dairy exports hit five year high at US$6bn

USA – The United States reported an 8% year-on-year increase in annual dairy exports in 2019, reaching a new five year high of US$6.025 billion, according to data from the US Dairy Export Council. The […]

Profound nutritional understanding to propel the global fruit snacks market over US$9bn

WORLD – The global landscape of the food industry is rapidly transforming across all fronts and health foods are no longer a niche group – as they are starting to incorporate more mainstream food trends. While […]

Global oat drinks market value to nearly double by 2027, FMI projects

WORLD – The global oat drinks market size is expected grow at an impressive 8.2% compounded annual growth rate (CAGR) to reach US$698.8 million by the end of 2027 from US$372.5 million in 2019, according […]