Expansion of Fast-Food Retail Chains is Reflecting Positively on Asia-Pacific Restaurant POS Terminals Market
Published: Nov 2020
Asia-Pacific restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.3% during the forecast period. The expansion of fast-food retail chains is significantly accelerating market growth. Increasing fast-food consumption has resulted in driving the expansion of fast-food retail chains to potentially serve customers' needs. There are more than 1,250 Domino’s stores present in all over India, which is further expected to increase in the near future.
Emerging Demand for Sugar-Free Confectionery to Reflect Positively on the US Snacks Confectionery Market
Published: Nov 2020
The US snacks confectionery market is estimated to grow at a CAGR of 2.8% during the forecast period. Increasing demand for sugar-free confectionery is the major factor accelerating market growth. The rising shift towards a healthier diet, increasing obese population, and a significant prevalence of diabetes is driving the adoption of sugar-free confectionery in the country.
Rising Prevalence of Diabetes to Provide Opportunity for North American Sugar Confectionery Market
Published: Nov 2020
North American sugar confectionery market is estimated to grow at a CAGR of 2.9% during the forecast period. The rising prevalence of diabetes is expected to drive the demand for sugar-free confectionery products. As per the American Diabetes Association (ADA), in 2018, 10.5% of the population, or 34.2 million Americans had diabetes. In 2018, approximately 1.6 million Americans had type 1 diabetes, which includes nearly 187,000 children and adolescents.
Online Distribution Channel to Offer Growth Opportunity for Indian Sugar Confectionery Market
Published: Nov 2020
Indian sugar confectionery market is estimated to grow at a CAGR of 4.6% during the forecast period. The rapid shift towards online shopping owing to the busy lifestyle and convenience is motivating the manufacturers of confectionery products to widen their online presence. Therefore, the market players are actively looking for a major space in the online market.
Rising Demand for Snack Bars to Reflect Positively on European Sugar Confectionery Market
Published: Nov 2020
European sugar confectionery market is estimated to grow at a CAGR of 3.2% during the forecast period. Emerging demand for snack bars is the major factor in accelerating market growth. The demand for snack bars has significantly increased among European millennials as these bars are packed with natural sources of protein obtained from nuts and fruits.
Rising Consumption of Premium Chocolates to Reflect Positively on Asia-Pacific Sugar Confectionery Market
Published: Nov 2020
Asia-Pacific sugar confectionery market is estimated to grow at a CAGR of 4.3% during the forecast period. With the increasing per capita income, the consumption of premium chocolate has been growing significantly in the region. An increasing number of global chocolate makers are tapping into the Chinese and Indian markets.
Rising New Launches of Confectionary Products to Reflect Positively on the Global Sugar Confectionery Market
Published: Nov 2020
The global sugar confectionery market is estimated to grow at a CAGR of 3.5% during the forecast period. Rising new launches of confectionery products are supporting to accelerate market growth. To increase competitiveness in the market, the players are actively focusing on new innovative launches to widen their consumer base.
Emerging Demand for Self-Service Kiosks in Restaurants to Drive the Global Restaurant POS Terminals Market
Published: Nov 2020
The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 7.8% during the forecast period. Increasing demand for self-service kiosks in restaurants is the major factor accelerating the growth of the market. Restaurants have started to employ self-serve kiosks to increase customers’ convenience.
Emerging Focus on Sustainable Packaging to Reflect Positively on the US Molded Pulp Packaging Market
Published: Nov 2020
The US molded pulp packaging market is estimated to grow at a CAGR of 3.6% during the forecast period. The US government is significantly focusing on the ban of single-use plastics to reduce environmental pollution. In May 2019, Maine, a US state became the first to ban single-use food and beverage containers produced from polystyrene foam, which is commonly referred to as Styrofoam.
Rising Demand for Sustainable Packaging to Drive North American Molded Pulp Packaging Market
Published: Nov 2020
North American molded pulp packaging market is estimated to grow at a CAGR of 3.5% during the forecast period. Government initiatives and increasing consumers’ demand for eco-friendly packaging is supporting to boost the demand for molded pulp packaging in the region. In October 2009, a Canada-wide Strategy was approved for Sustainable Packaging.