Most Popular March Reports on Food Market

31 Mar 2023 • by Natalie Aster

LONDON – Market Publishers is happy to announce that a great number of cutting-edge research studies covering various sectors of the food industry have been added at MarketPublishers.com in March. Our experts have prepared a selection of the six most in-demand March reports featuring the food market available at MarketPublishers.com:

Sugar Market 

The volume of the global sugar market reached 189 million tons last year. This market is projected to register modest healthy growth during 2023-2028 with an anticipated CAGR of 1.64% and reach a volume of 217.2 million tons by the end of the forecast period. The Food & Beverage sector is expected to remain the dominant consumer of sugar in the next 5 years. Strong demand from this end-use segment is likely to act as the major market growth engine. Furthermore, the constantly rising demand for sugar from the skincare and pharmaceutical industries is also set to boost the sugar market growth in the years ahead. Although the sugar market is already saturated in developed countries (for instance, in North America and Western Europe), it is slated for robust growth in emerging countries backed by increasing disposable incomes, rapid urbanization, and changing food habits. Among product types, white sugar is anticipated to maintain the dominant market share during 2023-2028. Brazil is expected to hold the leading position among the world’s sugar producers in the next 5 years…

Vegetable Oil Market

The global vegetable oil market is slated for healthy growth at a CAGR of appr. 5% in the next 5 years and is poised to increase in value terms from USD 255.2 billion in 2022 to USD 343.9 billion in 2028. Today, there is a remarkable rise in the demand for vegetable oils in the production of fuels, perfume formulations, and culinary soaps; this represents one of the major market growth drivers. Furthermore, increasing awareness among consumers about the health benefits associated with the consumption of vegetable oils also adds to the market growth. Additionally, the rising adoption of vegetable oil as an alternative to mineral oil across various end-use applications owing to its advantages (such as affordable price, high viscosity, lower volatility, easy availability, and better pressure performance) will also support the market growth in the coming years. Palm oil is predicted to maintain the dominant share of the global vegetable oils market during 2023-2028…

Wheat Flour Market 

Wheat flour currently represents one of the most popular food ingredients used around the world. The global wheat flour market reached the value of USD 241 billion last year. This market is projected to expand at a CAGR of 3.9% over 2023-2028, driven by the rapidly growing population, rising disposable incomes, increasing consumption of bakery and fast food, changing lifestyles, and strong demand from the major end-use industries. Furthermore, the demand for wheat flour is on the rise across such applications as adhesives, bioplastics, paper, conditioners, shampoos, and other products; this will also add to the global wheat flour market growth in the coming years. By 2028, the value of the global wheat flour market is forecast to reach USD 305.8 billion…

Pasta Market 

Pasta is a traditional Italian dish, however, today is one of the most popular, accessible, and healthy carbohydrate-rich foods around the globe. The consumption of pasta has grown considerably among health-conscious consumers worldwide as it is cholesterol-free and low in sodium. The world’s pasta market is slated for steady modest growth during 2023-2028 with an anticipated CAGR of 1.5%, supported by rapid urbanization, the rising influence of western culture, and increasing preference for easy-to-cook food among consumers. Furthermore, the introduction of new varieties of pasta to cater to changing tastes and preferences of consumers will also act as an important market growth engine. The market value is predicted to increase from USD 22.8 billion in 2022 to USD 25.8 billion in 2028… 

Mayonnaise Market

The world’s mayonnaise market value reached USD 12.3 billion in 2022. This market is projected to reach USD 15.7 billion by the year 2028, increasing at a CAGR of 4.08% between 2023 and 2028. The mounting demand for the product along with robust growth of the Food and Beverage industry is expected to act as the major market growth driver during the forecast period. Moreover, the growing working population, increasing purchasing power, rapid urbanization, and improving living standards are poised to add to the mayonnaise market growth in the coming years. Besides, manufacturers are introducing new products with different flavors and also focusing on the development of vegan, organic, and egg-less variants (in the wake of the soaring popularity of veganism and vegetarian diet); this will also have a positive influence on the mayonnaise market growth…

Vegan Snacks Market

Today, more and more consumers are including vegan snacks in their snacking routines due to the rising awareness of the benefits associated with these nutritional food items (to name a few: improved gut health, immune system support, and reduced inflammation). The global market for vegan snacks is projected to register robust growth in the next 5 years. The increasing number of health-conscious consumers and the launch of new products are expected to act as important growth engines of the vegan snacks market in the coming years. The rising popularity of the vegan diet is another important market growth driver…

A full Market Publishers’ collection of food market reports is available in this catalogue.