Posts

Corn & Corn Starch Derivatives Market Risks: Identifying Challenges in Global Trade Dynamics

The global corn and corn starch derivatives market size is expected to reach USD 118.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2022 to 2030 in terms of revenue. The market is anticipated to propel in the coming years due to the increasing adoption in food and beverages, detergent, paper and board, and processed food industries. Rising demand for convenience food products due to the increasing female working population, coupled with rising living standards and economic conditions, is expected to have a positive impact on the market. Increasing penetration of corn starch in household recipes as a thickening agent for marinades, casseroles, sauces, gravies, and soups is further propelling the market growth in the forecast period. Corn starch is also helpful for humans in treating glycogen storage disease (GSD), and this factor will also have a positive impact on the market. Corn oil is a type of vegeta...

Pre-packaged Sandwiches Market Sustainability: Eco-Friendly Packaging Practices Gaining Traction

  The global pre-packaged sandwiches market size is expected to reach USD 2.44 billion by 2030, registering a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for pre-packaged food among the young and millennial population due to the hectic schedule has been fueling the demand for the product across the world. In addition, sandwich is a lightweight cost-effective meal that contains all the essential nutrients including vitamins, minerals, and proteins. As a result, it has gained remarkable popularity among the health-conscious consumers who work in a hectic schedule. The non-vegetarian segment dominated the market and accounted for a revenue share of 71.1% in 2023. The products are available in a wide range of variants including egg, chicken, sausage, bacon, and beef. The vegetarian segment is expected to register the fastest CAGR during the forecast period. Over the past few years, increasing adoption of veganism across the globe...

Animal Feed Market: Addressing Food Security Through Efficient Feed Solutions

The global animal feed market size is projected to reach USD 816.78 billion by 2030, as per a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 4.6% from 2023 to 2030. The growth is majorly driven by the rising demand for higher-quality food products like meat, eggs, and milk, which has led to an increased usage of animal feed in the region. The market growth is faced with challenges such as the price volatility of raw materials and additives used in feed preparations. For example, a sudden increase in corn prices can affect small and medium-sized pig farm owners as it is less affordable for them. In addition, the growing trend of people adopting vegan and vegetarian diets and reducing meat consumption could reduce the demand for meat, negatively impacting the product demand. Furthermore, outbreaks of animal diseases like African Swine Fever (ASF) and Porcine Epidemic Diarrhea (PED) can also limit market growth. According to the Food and Agricultu...

In-flight Catering Services Market Adoption: Shift to Local and Organic Ingredients

The global in-flight catering services market size is expected to reach USD 27.62 billion by 2030, registering a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. In-flight catering services are expected to grow rapidly due to the rise in the number of passengers flying. Despite slower economic growth in certain nations, after the COVID-19 pandemic, people have started flying in both domestic and international flights cautiously, which is projected to grow over time, encouraging market expansion. Growth in passenger demand for healthy and nutritious food products in-flight and their willingness to pay a premium for high-quality, healthy food are expected to fuel market growth during the forecast period. Additionally, airlines worldwide offer their customers more options for customizing their meals and a wider variety of food options. The proliferation of in-flight food management and the development of automation have made it possible for a...

Meat, Poultry And Seafood Market Insights on Global Supply Chain Dynamics

  The global meat, poultry & seafood market is expected to reach USD 1,601.2 billion by 2030 at a CAGR of 2.5%, according to a new report by Grand View Research, Inc. Growing meat consumption in countries such as the U.S., the U.K., India, and China is anticipated to ultimately contribute towards enhancing the supply of meat, poultry & seafood products. The growing consumer awareness and preferences for high-quality attributes of meat are expected to steer the global meat industry. Preference for high-quality meat has led to the growing demand for organic products in the meat, poultry and seafood segments. Companies operating in the market have been catering to such demands and launching organic meat products to gain the traction of consumers. For instance, in June 2021, Raise American launched a 100% American, 100% grass-fed, organic beef, and flexitarian product line. The brand’s product line includes fresh steaks, grinds, meatballs, blended patties, seasoned and precooke...

Fresh Vegetables Market Segmentation Insights: Varieties and Consumer Preferences

The global fresh vegetables market size is expected to reach USD 769.90 billion by 2028, registering a CAGR of 2.8% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing consumer expenditure on fresh food products like vegetables is expected to promote market growth over the forecast period. Moreover, the increasing awareness about the benefits of fresh vegetables among consumers is propelling the market growth. Moreover, restrictions and lockdown situation has been observed during the COVID-19 pandemic, and it showed an impact on the market due to the suspended or delayed supply of vegetables to market. However, it significantly impacts on export and import of fresh vegetables. Moreover, the increasing demand for fresh products post lockdown situation of the pandemic will create more opportunities for the market players. The onion segment is expected to grow with the fastest growth rate of 3.4% from 2022 to 2028. Continuous changing lifestyles and eatin...

Rice Market Dynamics Point to Increased Focus on Traceability and Transparency

The global rice market size is expected to reach USD 334.24 billion by 2028, registering a CAGR of 2.2% during the forecast period, according to a new report by Grand View Research, Inc. The rapidly growing food industry and rising spending on fast food products are expected to promote market growth. Moreover, continuous developments in rice mill machinery across the globe and attractive packaging have increased the demand for these products in emerging economies. The lockdown situation that has resulted from the COVID-19 pandemic has not significantly affected the rice industry, as compared to the other industries. The increasing demand for cereal grain across the globe is propelling market growth. Moreover, the rising demand for packaged and fast-food products in the post-COVID period will create several growth opportunities for the market players. The medium-grain segment is expected to advance at the fastest CAGR of 2.4% from 2022 to 2028. Rice is a convenient form of nutritious an...