Food & Agriculture Trends

The sugar substitutes market is predicted to reach USD 24.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. By 2023, the market is expected to be worth USD 18.8 billion. Download PDF Brochure The rise in lifestyle diseases such as cancer, diabetes, chronic obstructive pulmonary disease, and heart disease has emerged as a pressing global health concern. These metabolic diseases are largely attributed to unhealthy and imbalanced diets, marked by excessive consumption of free sugars, notably in sugar-sweetened beverages. This overconsumption contributes to unhealthy weight gain, oral health issues, obesity, and the prevalence of non-communicable diseases. Within the sugar substitutes market, the high-intensity sweeteners segment dominates, with a projected CAGR of 6.2% from 2023 to 2028. This growth is driven by the increasing demand for low-calorie sweeteners, the recognized health benefits of sugar substitutes, and the growing need for nat...

The Commercial Greenhouse Market is on a significant growth trajectory. It is projected to achieve a valuation of USD 68.7 billion by 2028, surging from an estimated USD 39.6 billion in 2023. This growth is driven by a multitude of factors that reflect the evolving needs and priorities of individuals, businesses, and industries. Europe is poised to hold the largest market share during the forecast period. Many European countries face constraints on available arable land due to urbanization and land-use pressures. Commercial greenhouses emerge as a viable solution to maximize food production in such limited spaces, addressing the challenge of food security.  Download PDF Brochure Europe's commitment to agricultural research and innovation, driven by institutions, universities, and research organizations, has led to advanced greenhouse technologies, cultivation practices, and crop varieties that enhance productivity and sustainability. Furthermore, Europe's well-developed commerc...

The global brewery equipment market is making a significant mark, with an estimated value of USD 19.2 billion in 2022, poised to reach USD 25.6 billion by 2027, boasting a robust CAGR of 5.9% in terms of value. This surge in the market is primarily driven by the burgeoning craft brewery industry. The increased demand for premium, low-alcohol beer, coupled with the rise of taprooms and microbreweries, is propelling market growth. Moreover, the brewing sector is undergoing a technological transformation, with craft beer producers embracing new technology and innovative equipment. In the modern brewing industry, maintaining hygiene and quality standards is paramount, underscoring the importance of process automation. Artificial intelligence (AI), the Internet of Things (IoT), automated systems, robotics, and sensors are becoming essential elements for today's brewing industry. Download PDF Brochure Macrobreweries Lead the Way In 2021, the brewery equipment market was notably dominate...