NewsInsights24

  I. Executive Summary: The Indian Vegan Food Market Size has witnessed significant growth in recent years, driven by evolving consumer preferences, health consciousness, and environmental concerns. This report provides a comprehensive analysis of key trends, market dynamics, Porter's analysis, and key takeaways in the Indian Vegan Food Market. II. Market Key Trends: Rising Health Consciousness: Increasing awareness about the health benefits of a plant-based diet has fueled the demand for vegan food products in India. Expanding Vegan Product Range: Food manufacturers are diversifying their product portfolios to meet the growing demand for vegan alternatives, including plant-based meat substitutes, dairy alternatives, and snacks. Influence of Western Trends: The influence of global vegan trends, particularly from the West, has inspired Indian consumers to explore and adopt plant-based diets. Government Initiatives: The Indian government's emphasis on sustainable agriculture and...

  Baby food products are specially formulated and processed foods for infants between four months to two years of age. The benefits of baby food include easy digestion, balanced nutrition, and convenience for caregivers. The Global Baby Food Market Size is estimated to be valued at US$ 58.15 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for nutritious and wholesome baby food products is increasing among health-conscious parents and caregivers. This is a key market trend driving the growth of the baby food market. With rising awareness about the importance of proper nutrition during infancy, parents are increasingly opting for commercial baby food which provides balanced nutrition and helps in the healthy development of babies. The availability of different varieties, formats, and organic options is further fueling the adoption of ba...

  Nutritional yeast is a food product made from deactivated yeast which offers essential vitamin and minerals. It is a vegan substitute for cheese and is high in protein, vitamin B, and minerals. Nutritional yeast not only enhances flavor but also provides health benefits. The rising cases of chronic diseases like heart issues, diabetes, and cancer have raised awareness about nutritional rich diet which boosts immunity. The Global Nutritional Yeast Market Size is estimated to be valued at US$ 264.5 Bn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing vegan population around the world adopting plant-based diets has significantly propelled the demand for nutritional yeast. According to statistics, around 8% of American consumers follow a vegan diet indicating growing popularity. Nutritional yeast acts as a rich vegan substitute for meat and...

  Propolis is a resinous substance collected by honey bees from various plant sources which possesses antibacterial, antiviral, and anti-inflammatory properties. Propolis is commonly used as a dietary supplement owing to its antioxidant properties. It is used as a preservative and emulsifier in the food & beverage industry. The growing demand for natural remedies to boost immunity has uplifted the demand for propolis-based supplements. Propolis also finds applications in personal care products such as moisturizers, lotions, and creams owing to its skin protecting and healing properties. The Global Propolis Market Size is estimated to be valued at US$ 815.31 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The expanding application of propolis in the food & beverages industry has been a key driver augmenting the propolis market growth. Propo...

  Probiotic ingredients are live microorganisms that are claimed to have health benefits when ingested in sufficient quantities. These ingredients provide various health benefits like improved digestion, boosting immunity and lowering risks of infections. Rising prevalence of lifestyle diseases due to junk food consumption has increased the demand for functional food and beverages containing probiotic ingredients. The Global Probiotic Ingredients Market Size is estimated to be valued at US$ 6152.26 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for probiotic functional foods and beverages is a major trend fueling the growth of probiotic ingredients market. Consumers are increasingly opting for foods fortified with probiotic ingredients to obtain specific health benefits. According to a report by FMCG Consulting, the global fun...

  Bottled water is a purified type of drinking water packaged in plastic or glass water bottles. Bottled water contains dissolved minerals that vary based on its source and is often preferred by health-conscious consumers due to its perceived purity and protective packaging. Bottled water comes from natural or municipal sources and undergoes purification treatments like filtration and disinfection before packaging. Bottled water provides a portable, no-calorie hydration alternative to sweetened beverages and its packaged form makes it easy to consume on-the-go. The U.S. Bottled Water Market Size is estimated to be valued at US$ 30029.56 Mn in 2024 and is expected to exhibit a CAGR of 10 % over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends The increasing health consciousness among consumers has been a key factor driving the growth of the U.S. bottled water market. Bottled water perceived as a more hygi...

  Polyunsaturated fatty acids (PUFAs) are types of fatty acids that contain multiple double bonds. They play an important role in brain and eye health development. Rising usage of PUFAs in supplements, functional foods, and infant formula is expected to drive the polyunsaturated fatty acids market over the forecast period. PUFAs find application in various food products such as bread, biscuits, pizza, cakes, and others to enhance their nutritional value. They help reduce inflammation and improve cholesterol levels. The global polyunsaturated fatty acids market is estimated to be valued at US$ 6.36 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growing consumption of convenience and packaged food products among individuals has accelerated the adoption of PUFAs in the food and beverage sector. Food manufacturers are incorporating PUFAs in their pro...

  Spices are widely used across households and restaurants in India to enhance the flavor and aroma of food. Common Indian spices like turmeric, ginger, coriander, cumin, and chilli powder are rich in antioxidants and help improve digestion. Given the wide applications in Indian cuisines and health advantages, consumption of spices is growing steadily. The  India Spices Market is estimated to be valued at US$ 3424.8 Bn in 2023 and is expected to exhibit a CAGR of 21% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising consumption is one of the key trends driving the growth of India spices market. Traditionally, India has been a large consumer of various spices and their usage is deeply entrenched in the country's food culture. Changing lifestyle and improvement in living standards have increased discretionary spending on food products in India. This has translated into greater demand for sp...

  Melatonin is a hormone that regulates sleep-wake cycles. Oral melatonin supplements are used as sleep aids and to treat circadian rhythm disorders. They help induce sleep, improve sleep quality and overcome jet lag. With rising stress levels and hectic lifestyles, sleep disorders have become increasingly common. This has driven up demand for over-the-counter sleep supplements. The global melatonin market is estimated to be valued at US$ 576.85 Mn in 2023 and is expected to exhibit a 12% CAGR over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing healthcare expenditure globally has been a major driver of the melatonin market. As disposable incomes rise, people are willing to spend more on their health and well-being. Sleep disorders can have serious health consequences if left untreated for prolonged periods. Patients are turning to melatonin supplements as an affordable and natural treatme...

  Whiskey is a type of distilled alcoholic beverage made from fermented grain mash. Whiskey offers various health benefits such as improved heart health, better bone strength, reduced stress and anxiety levels. It is becoming a popular choice for recreation and social gathering. The global whiskey market is estimated to be valued at US$ 84.3 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the whiskey market is the increasing awareness about the potential health benefits of whiskey. Moderate consumption of whiskey is known to provide various health benefits. Consuming whiskey in moderation helps improve heart health and reduces the risk of cardiovascular diseases. It also helps build bone density and strength. The antioxidant compounds present in whiskey also help combat stress and anxiety. As more resea...

  Soy protein is a highly nutritious food ingredient obtained from soybean. It helps maintain muscle mass and bone mineral density. Soy protein is used extensively in meat alternatives, bakery products, beverages, and other food items due to its characteristics like emulsifying, water-binding and gel-forming properties. The shift towards healthier diets and rising demand for plant-based foods has propelled the use of soy protein in various food applications. The global soy protein market is estimated to be valued at US$ 7.51 Bn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing use of soy protein in food & beverages is one of the major trends driving the market. Food manufacturers are incorporating soy protein in diverse products to cater to the surging demand for plant-based, healthy options. For instance, soy protein is widely used...

  Bottled water has gained immense popularity owing to its convenience of usage and perceived health benefits over tap water. Bottled water is considered safe for drinking and contains minerals that are good for health. With increasing health consciousness among consumers, bottled water has become the preferred choice for daily consumption. The U.S. Bottled Water Market is estimated to be valued at US$ 26,067.32 million in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Innovation has been one of the major trends in the U.S. bottled water market. Manufacturers are introducing innovative packaging such as recyclable plastic bottles and aluminum cans to make their products more environment-friendly without compromising on convenience. They are also coming up with flavored and functional bottled water options with added nutrients and minerals to cater to t...

  Scottish whisky is a distilled alcoholic beverage made from malted barley in Scotland. Whisky is produced by fermenting grain mash and then distilling it to increase the alcohol content. Scottish whisky is aged in oak barrels for 3 years or more, which gives it unique flavor and color. Whisky consumption results in health benefits such as reduced risk of heart disease and helps relax the body. The global Scottish Whisky Market is estimated to be valued at US$ 7.69 Bn in 2024 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing consumption of premium whisky around the world is one of the key trends driving the growth of the Scottish whisky market. Consumers are increasingly opting for high-quality single malt and blended malts whiskies and are willing to pay premium prices. This is encouraging whisky producers to focus on premiumization of their ...

Tequila is a distilled beverage made from the blue agave plant that offers many health benefits such as being low in calories and carbohydrates. It also contains flavonoids and phenolic compounds that act as antioxidants. Tequila is used for social gatherings and is available in multiple varieties like blanco, reposado, añejo based on aging time. The global Tequila Market is estimated to be valued at US$ 434.01 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Premiumization has been a key trend in the tequila market over the recent years. Premium and super premium tequila brands are gaining more traction across globally. Consumers are increasingly opting for higher quality and more expensive variants of tequila. Premium brands offer artisanal craft tequila which is handcrafted and made with traditional methods unlike mass produced variants. They also...

  Cannabis beverages are a new generation of cannabis-infused drinks containing tetrahydrocannabinol (THC) or cannabidiol(CBD). Cannabis beverages act as an alternative to smoking or vaping cannabis and allow consumers to experience the effects of cannabis in a convenient drinkable format. Cannabis beverages provide discreet dosage options, consistent effects, and taste better than raw cannabis flower. The global Cannabis Beverage Market is estimated to be valued at US$ 547.43 Mn in 2023 and is expected to exhibit a CAGR of 61% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing legalization of cannabis across various countries for both medical and recreational use is the key factor driving the growth of the cannabis beverage market. According to the Cannabis Regulators of Canada, as of 2022, Canada has legalized both medical and recreational cannabis. In the U.S., 38 states and 3 U.S....

  Beer is one of the most popular alcoholic beverages consumed worldwide. It is produced by the fermentation of grains like barley, wheat, and malt. Beer offers various health benefits such as reducing the risk of heart disease and helps in regulating blood pressure. With the changing cultural landscape and increasing social acceptance towards alcohol consumption, beer market has witnessed significant growth. The global Beer Market is estimated to be valued at US$ 821.36 Bn in 2023 and is expected to exhibit a CAGR of 19% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Craft beer has gained tremendous popularity in recent years. The emergence of craft breweries offering unique tastes and flavours has accelerated growth in the beer market. Traditional beer brands are facing stiff competition from these local and regional breweries. According to the Brewers Association, craft beer contributed $82.9 ...

Apple juice concentrate is a highly concentrated form of apple juice that provides all the nutritional benefits of fresh apples in a convenient and space-saving form. It provides key vitamins and minerals such as vitamin C, potassium, boron and copper in highly bioavailable forms. With rising consumer demand for healthy and nutritious food and beverages, apple juice concentrate is being increasingly used in the formulation of juices, drinks and other foods. The global Apple Juice Concentrate Market is estimated to be valued at US$ 2.77 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth in the apple juice concentrate market is the rising popularity of cold-pressed juices. Many health conscious consumers prefer cold-pressed juices as it involves minimal processing which preserves maximum nutrients and flavor of fresh a...

  Dark chocolate offers various health benefits such as antioxidants, reduced blood pressure, improved brain function, etc. It contains cocoa solids and less sugar than milk or white chocolate. Dark chocolate stimulates the brain to release serotonin and endorphins, hormones that promote happiness and pleasure. The global Dark Chocolate Market is estimated to be valued at US$ 65615.7 Mn in 2023 and is expected to exhibit a CAGR of 10 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increasing health awareness among consumers is one of the major trends driving the growth of the dark chocolate market. People are becoming more conscious about their health and switching to healthier food and beverage options. Dark chocolate contains flavonoids that promote heart health by reducing blood pressure and cholesterol levels. Regular consumption of dark chocolate also reduces the risk of diabetes and protect...

  Cannabis beverages are a fast emerging trend in the beverage industry. Cannabis infused drinks are a healthier alternative to alchohol and allow for precise dosing of THC and CBD. Cannabis beverages come in a variety of flavors and offer health benefits. They are used to relieve anxiety, stress and promote overall wellness. The global Cannabis Beverage Market is estimated to be valued at US$ 547.43 Mn in 2023 and is expected to exhibit a CAGR of 22% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the cannabis beverage market is the increasing legalization and acceptance of cannabis products across various regions. As attitudes towards cannabis continue to evolve and more countries legalize its medical and recreational use, a lucrative opportunity is emerging for cannabis infused beverages. Major players are developing innovative beverage products in differ...

  The global iced tea market is estimated to be valued at US$ 6,490.4 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Iced tea is a refreshing and healthy beverage prepared by steeping tea leaves in cold or hot water. It is available in a variety of flavors such as black tea, green tea, red tea, oolong tea and herbal tea. Iced tea provides antioxidants and essential nutrients. It helps boost immunity and fight infections. Market key trends: One of the major trends in the global iced tea market is the adoption of artificial intelligence. Tea brands are investing in AI technologies to gain deep consumer insights. AI helps analyze vast amounts of consumer data to understand purchase patterns and preferences. It also enables personalized engagement and targeted marketing. AI powered chatbots are being used for customer service. Advanced AI algorith...