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Yogurt market is projected to grow to $ 114.6 billion by 2023, on the back of rising awareness and demand for healthy food options across the globe. Rising young population base, which is health conscious, growing trend of dual household income leading to higher disposable income and surging demand for organic products are some of the other key factors aiding the yogurt market, globally.
Drinkable Yogurt market in South Africa registered a positive compound annual growth rate (CAGR) of 5.06% during the period 2012 to 2017 with a sales value of ZAR 1,086.94 Million in 2017, an increase of 4.71% over 2016. The market achieved its strongest performance in 2014, when it grew by 5.64% over its previous year and its weakest performance in 2013, when it increased by 4.48% over 2012.
Butter & Spreadable Fats market in Australia registered a positive compound annual growth rate (CAGR) of 4.90% during the period 2012 to 2017 with a sales value of AUD 1,172.44 Million in 2017, an increase of 4.56% over 2016. The market achieved its strongest performance in 2016, when it grew by 5.09% over its previous year and its weakest performance in 2017, when it increased by 4.56% over 2016.
The Global Market for Tamarind Gum to 2023 offers detailed coverage of tamarind gum industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading tamarind gum producers to provide exhaustive coverage of the tamarind gum.
Global Nonalcoholic Beverage Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
Global Organic Food Market is expected to grow at a CAGR over 15% during 2018-2026 in terms of value. This growth is driven by a number of factors such as rise in consumer awareness towards health and food, increasing disposable income, major lifestyle changes among the younger crowd and emerging concerns for environmentalists, etc.
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The global pea starch market is estimated at USD 91.8 million in 2018 and is projected to reach USD 134.7 million by 2023, at a CAGR of 8.0% during the forecast period. Some of the major factors driving the market include integrated use of pea starch in ethanol production, growth in the demand for convenience food, and an increase in the production of peas.
Global Applesauce Market gives the most recent data on the present and the future business patterns, enabling the perusers to recognize the items and administrations, henceforth driving the income development and benefit.