Food and Beverages Market Research Reports

  The global   cake market   was valued at USD 65.68 billion in 2023 and is projected to reach USD 80.42 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0% from 2024 to 2030. A primary driver of this growth is the enduring tradition of celebrating special occasions and successes with cake cutting.   The market is also significantly boosted by the increasing demand for cakes as desserts, particularly among millennials and Gen Z consumers, during dine-outs and weekend parties worldwide. Furthermore, a growing health consciousness, driven by conditions like gluten sensitivity and celiac disease, is leading to a surge in demand for gluten-free and organic cake options. A 2023 study by the University of Nebraska-Lincoln indicated that 25% of Americans follow gluten-free diets, prompting bakeries to cater to this niche.   This rise in health-conscious consumer behavior has spurred innovation, with gluten-free bakeries developing diverse and flavo...

  The global   beet sugar market   was valued at approximately USD 13.65 billion in 2024 and is projected to reach USD 20.73 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2030. A primary factor driving this growth is the increasing consumer demand for natural and non-GMO sweeteners. As health awareness rises globally, consumers are favoring clean-label products and natural ingredients, making beet sugar a popular alternative to cane sugar and synthetic sweeteners. This trend is particularly strong in regions like Europe and North America, where there is a significant emphasis on ingredient traceability and environmental sustainability. Another important driver is the growing application of beet sugar across various food and beverage sectors. It is increasingly utilized in bakery products, beverages, flavored dairy items like yogurts and desserts, as well as in infant nutrition. Its natural sweetness and compatibility with dairy make...

  The global   aquaculture market   was valued at approximately USD 310.6 billion in 2024 and is anticipated to grow to USD 417.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% from 2025 to 2030. This growth is driven by increased fish consumption, which is supported by rising health awareness and the nutritional advantages of seafood. Technological advancements in farming practices and a transition towards sustainable aquaculture methods are improving productivity and efficiency. Additionally, the decline in wild fish stocks and evolving dietary preferences are further driving the demand for farmed seafood, particularly in the Asia-Pacific region, which leads the market with its advanced aquaculture techniques and high consumption rates. Aquaculture, often referred to as aqua farming, involves the cultivation of various aquatic species, including finfish, carp, mollusks, crabs, and aquatic plants. This process includes several interventions in t...

  The global   AI in food & beverages market   was valued at USD 8.45 billion in 2023 and is projected to reach USD 84.75 billion by 2030, with a compound annual growth rate (CAGR) of 39.1% from 2024 to 2030. AI is transforming the food and beverages industry by improving efficiency and automation in processing, sorting, and packaging, which helps reduce errors and meet global food demands. The importance of AI in maintaining stringent quality control and ensuring safety compliance is growing due to heightened consumer awareness and regulatory pressures. Furthermore, AI enhances personalized consumer engagement and marketing while optimizing supply chains to minimize waste and manage inventory effectively. Technological advancements, particularly the integration of AI with IoT and big data, are expanding its applications and impact across the sector. AI is reshaping the food and beverage industry by facilitating the creation of personalized food products tailored to i...

  The global   potato starch market   was valued at approximately USD 3.49 billion in 2023 and is anticipated to reach USD 4.79 billion by 2030, representing a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. This market is witnessing substantial growth, driven by several key factors that are increasing product demand across diverse industries.   A significant driver of this growth is the rising consumer awareness and preference for clean-label and natural products. Potato starch, extracted from potatoes through a natural process, aligns with this trend as a minimally processed ingredient, appealing to consumers seeking healthier and more transparent food options. Additionally, the surge in gluten-free dietary preferences has notably increased demand for potato starch. As more consumers choose gluten-free alternatives for health reasons or dietary restrictions, potato starch has emerged as a versatile and effective substitute in various gluten-free produ...

  The global   beverage packaging market   was valued at approximately USD 157.73 billion in 2023 and is projected to reach USD 222.08 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. The growth is expected to be driven by rising beverage consumption in emerging economies and an increasing adoption of bioplastics in beverage packaging. There is significant demand for beverage packaging from both alcoholic and non-alcoholic segments in emerging markets. Additionally, the overall market is experiencing growth due to a surge in demand for functional drinks. Rapid urbanization and the expansion of the middle-class population in developing countries are leading to lifestyle changes that include an increased demand for beverages. Global consumption of alcoholic beverages is primarily fueled by a rise in alcohol consumption and a growing interest in premium products, supported by increasing disposable incomes. In countries like Belarus,...