The USA beauty and personal care (BPC) retail vending machine market size is expected to surpass US$ 91.6 million in 2023 expanding as a rate of 10.5% from 2023 to 2033 according to a market research by Future Market Insights. Growth is attributed to improving living standards and technological advancements. The USA beauty personal care (BPC) retail vending machine market […]

Vending machines are starting to gain traction in India thanks to technological advancements, but it is still a minor market when compared with others such as the USA and Japan. In India, certain locations are more likely to have vending machines, including metro stations, airports, hotels, restaurants, and offices but they are still uncommon compared to other parts of globe […]

Due to the increasing working population and hectic schedules, the consumption of ready to drink (RTD) tea and coffee products has escalated significantly according to a research consultancy. The report said consumers are increasingly preferring food and beverages that require minimum time to prepare and can be consumed on-the-go. The canned and bottled packaging of these beverages are also adding […]

The increase in demand for self-service technology, and the implementation of IoT and AI services such as cashless transactions and cloud-based systems are primary factors driving the smart/intelligent vending machine market. According to a ResearchAndMarkets report, the market is expected to reach a value of $ 15 billion by 2028 growing with a rate of 12% during 2022 to 2028. But […]

The global biodegradable lids market is set to reach a valuation of 416.6 Mn US dollars by the end of 2032, according to a report by Future Market Insights. The foodservice industry is one of the most vibrant and dynamic industries in the world. The industry has observed unparalleled growth in the past and continues to capture revenue and generate employment […]

Growing consumption of convenient and dispense goods including food, drinks, cigarettes, and other items is pushing the demand for vending machines according to a study by Fact.MR, a market research and consulting agency. The study revealed that in addition to workplaces and institutional buildings, residents’ homes, restaurants and nightclubs are turning to vending machines in their droves. In fact, it […]

An industry report from global credit insurance provider Atradius reveals major growth drivers and constraints in the food & beverages industry across multiple markets worldwide. A number of downside risks are expected to pose major challenges to the global food & beverages sector this year. Sharp increases in commodity and energy prices, labour shortages, transport issues and the ongoing spread […]

Studies suggest that the food system is responsible for about one-third of global greenhouse gas (GHG) emissions, including up to 10% from lost or wasted food. The report  “A Food Industry Reset Can Cut At Least 10% Of Global Emissions,” S&P Global Ratings says it believes agribusinesses can strengthen the food production and supply chain through closer collaboration at every […]

As organisations begin to test different hybrid working styles, new data from Chargifi reveals that spontaneous office interactions between co-workers can boost individual wellbeing and productivity for over an hour. The hybrid workplace specialist found almost half (45%) of employees report feeling happier after such encounters, and around a third say they feel more motivated, creative and productive. What’s more, […]

Cold brew has become the fastest growing segment of the ready-to-drink coffee market in the past three years, according to new research conducted by Zenith Global, the food and drink experts. No longer is cold brew a minor niche, having developed strongly across the United States, United Kingdom and Australia. Global cold brew volumes in 2020 advanced to 28.3 million […]