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 […]

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 […]

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 […]

Demand for pulse flour to gather pace with increasing penetration of flour variants

WORLD – Heightened demand for plant-based and gluten-free foods from the food industry across the world is projected to give traction to the pulse flour market, making it a hub of profitable growth during the […]

Dairy alternatives diversify as the consumer case and complexities evolve

USA – Plant-based innovation in food and beverages is continuing to flourish as consumer interest in health, sustainability and ethics, which ties into the broader consumer lifestyle trend towards cleaner living continue to bulge. A […]

Kerry partners with IBM in developing an AI tool that predicts trends in the F&B industry

IRELAND – Kerry Group, in partnership with IBM recently launched a proprietary, predictive artificial intelligence (AI) tool, Kerry Trendspotter, to forecast future trends in food and beverage. The artificial intelligence tool is designed to improve […]

USDA announces intent to ensure adequate sugar supply as production estimates decline

USA – The U.S. Department of Agriculture (USDA) has announced that it fully intends to take appropriate actions to ensure an adequate supply of sugar to the US market. In the recent past, prospects for […]