MarketLine Blog

Posts tagged to food

Rapid growth in Asia-Pacific organic food market set to change global market shares

The global market in organic food expanded between 2012 and 2016 at a compound annual growth rate (CAGR) of 10.9%, and is forecast to accelerate to a value of $187.6 billion by 2021, representing a CAGR of 13.8%, according to research firm MarketLine. The company’s latest report states that the US will remain the largest single market, rising from $44.9 billion in 2016 to $63.4 billion by 2021 at a CAGR of 7.1%, underlining the country’s pivotal role in driving global growth. Christopher Leyman-Nicholls, Analyst for MarketLine, says: “Although the… Read more

Superfood powders are the latest alleged panacea of the health-conscious world

MarketLine

Superfood powders are marketed for their myriad of supposed benefits, from improved skin and increased energy, to preventing conditions and diseases such as diabetes, cancer, and dementia. Superfood powders contain ground down superfoods, freeze dried and fine milled. Products which use the powders include the Super Elixir, boasts strong content and an equally eye watering price. Superfood powders have seen strong growth, although remain only a modicum of the wider market. Vitamix, a smoothie maker has also received celebrity endorsements and a loyal customer base despite its expensive price. Increasing… Read more