Probiotics Market to Hit $71948 Million by 2025

The global probiotics market is expected to rise at a CAGR of 7.30% between 2017 and 2025, according to a recent report by Inkwood Research. The market is forecast to grow to $71948 million by 2025.

Probiotics are thought to increase the amount of beneficial bacteria in the body and improve immunity and digestive health. Probiotics appear in a wide variety of products — including food and beverages, supplements, and animal feed.

Topics: Food & Beverage Industry Insights

6 Key Facts About the Chocolate Industry

It’s no secret that chocolate holds widespread appeal. Chocolate is a popular impulse buy, and you can find tempting displays of chocolate nearly everywhere — from the candy aisle in supermarkets to the checkout lane of department stores.

Chocolate is often a favorite flavor of American consumers, and ongoing research continues to demonstrate the health benefits of chocolate, further boosting its appeal.

Topics: Food & Beverage Industry Insights

The Beverage Industry: New Forecasts and Trends

The beverage industry is evolving rapidly, with a variety of hot growth sectors shaking up the status quo. There are more small and independent craft brewers and distillers operating in the U.S. than ever before, offering creative and unique flavor combinations to locavore-minded tourists and customers.

In addition, the markets for bottled water, coffee, tea, and energy and sports drinks continue to rise, as consumers seek out healthier beverages to consume on the go.

Topics: Food & Beverage Industry Insights

Animal Welfare an Increasing Concern for Consumers

Nearly 60 percent of U.S. consumers say they are more concerned about animal welfare, specifically as it relates to the food supply, than they were just a few years ago, according to a groundbreaking new report by Packaged Facts, a leading market research firm.

Most U.S. consumers believe livestock should be treated humanely and slaughtered in the least painful way possible. Key concerns include how animals are housed, fed, and handled. Antibiotic use is another top issue.

Topics: Food & Beverage Packaged Facts Industry Insights

4 New Packaged Facts Reports on the Food Industry

Packaged Facts is a premier source of market information for top industry decision makers in the food and beverage industry. Packaged Facts reports are frequently quoted in leading news outlets such as the Wall Street Journal, New York Times, Forbes Magazine, and the Associated Press, in addition to many trade journals.

So far this year, Packaged Facts has released four new market research reports on the food industry that are packed with current insights to help drive business growth.

Topics: Food & Beverage Packaged Facts Industry Insights

5 Emerging Food Trends from Around the World

Packaged Facts, a leading consumer research firm, just released a new report 2017 Forecast: Culinary Trend Tracking Series. It takes an in-depth look into little-known food trends that are expected to take off in 2017.

Here are five international foods featured in the report that are on “the edge of the culinary world.” These trendy foods have not yet become mainstream items, but are poised for rapid growth.

Topics: Food & Beverage Packaged Facts Industry Insights

New Catering Industry Analysis: Revenue on the Rise

As consumer spending and corporate profits increase, more households and businesses will host catered events such as wedding receptions, luncheons, and trade shows. 

A variety of organizations — including schools, senior living facilities, and hospitals — will also turn to contractors to outsource on-going foodservice needs. Professional contract caterers help free up organizations to focus on their core strengths and cut costs, rather than running meal programs on their own.

The global contract catering market is expected to grow at a compound annual growth rate (CAGR) of 4% from 2016-2021, according to recent industry analysis conducted by Azoth Analytics.

Topics: Food & Beverage Industry Insights

U.S. Weight Loss & Diet Industry: Stuck in Survival Mode?

Oprah Winfrey certainly hasn’t given up on dieting yet — she just revealed that she’s lost “over 40 pounds” on Weight Watchers as part of the company’s latest advertising campaign, sending shares soaring.

But for the U.S. weight loss industry as a whole, the numbers may not be quite so promising. The U.S. weight loss and diet control market totaled $65 billion in 2015, according to a report by Marketdata Enterprises Inc, a market research publisher that has tracked the diet market for 28 years. Flat to low growth is expected in the future.

Topics: Food & Beverage Industry Insights

The U.S. Frozen Food Industry: New Analysis & Forecasts

The U.S. frozen food market is forecast to reach $72.98 billion by 2024, according to a recent study by Grand View Research.

Despite overall market growth, sales have remained tepid in recent years. Frozen food brands face ongoing challenges, as consumer preferences shift and competition increases.

Topics: Food & Beverage Industry Insights

3 Big Trends Shaping the Food and Beverage Industry

The food and beverage industry is undergoing major shifts as U.S. consumers gravitate toward natural, whole foods diets.

Shoppers are scrutinizing nutrition labels more closely, opting for groceries made with fewer, simpler ingredients. Although gluten-free foods are still a hot item, consumers are increasingly aware that gluten-free doesn't always mean guilt-free.

Meanwhile, the popularity of meal kit delivery services continues to soar, as more and more companies roll out subscription offerings for consumers seeking convenient home-cooked meals.

Read on to learn more about these trends.

Topics: Food & Beverage Packaged Facts