Fresh/deli prepared food has 96% penetration in the U.S., yet only 12% of shoppers visit deli with regularity; consumers want organic, locally sourced deli/fresh prepared goods.
Gorowing globally at a 4.7% CAGR; market drivers include growing urbanization, high disposable income and increased interest in multi-cuisine culture, according to Research and Markets.
Global perfumes market projected to grow at CAGR of 5.9% during 2016-2026 period, partly due to increasing demand for perfumes from the millennial population.
U.S. frozen food market expected to reach value of U.S. $72.98 billion by 2024, as greater economic participation from all segments of the U.S. has resulted in hectic work schedules, thus causing a change in lifestyles.