The food tourism market is expected to be US$ 999,033.40 million in 2023 and US$ 4,112,489.40 million by 2033. The food tourism sector industry is to develop at a CAGR of 15.20% from 2023 to 2033. With increased demand from travelers seeking unique culinary experiences, the food tourism sector is witnessing a strong market outlook. Consumers increasingly appreciate authentic local cuisine and are eager to visit new places to satisfy their gastronomic interests. This trend has increased the … [Read more...] about FMI Report: Exploring the Food Tourism Market Trends
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GNT study emphasises need for tailor-made food colouring solutions
EXBERRY® producer GNT has released The Power of Color Research, a study that shows how colours can help brands in the food and beverage industry connect to their target markets. This research, which utilises consumer psychology and semiotics, shows that growth opportunities can be found in personalization and customisation of product offerings. Key findings explore consumer motivations and what drives them to choose one brand over another. The study shows how suppliers can send your messaging … [Read more...] about GNT study emphasises need for tailor-made food colouring solutions
Food robotics market forecasted to be worth $2.2 billion by 2028, research shows
With the fast developments in technology and the push for a greater focus on hygiene and sanitation, it comes as no surprise if the robotics segment in the food tech industry is gaining traction. According to research conducted by Meticulous Research, this segment is expected to grow at CAGR of 11.6% from 2021 to 2028, reaching valuation to about $2.2 billion by 2028 globally. The study, titled “Food Robotics Market by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel … [Read more...] about Food robotics market forecasted to be worth $2.2 billion by 2028, research shows
