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tariffs spark global concerns as economic impact looms for families
President Trump is set to announce a series of tariffs, dubbed "Liberation Day," aimed at reducing foreign imports and boosting American manufacturing. While he believes these measures will revitalize the U.S. economy, economists warn they could lead to higher consumer prices and sluggish growth, with potential retaliatory actions from other nations. Global leaders express concern that such tariffs could disrupt trade and harm job markets, emphasizing the risks of escalating trade tensions.
food intolerance products market projected to reach over 22654 million by 2031
The global food intolerance products market, valued at $12.1 billion in 2020, is projected to reach $22.7 billion by 2031, driven by rising health consciousness and the prevalence of lactose intolerance and celiac disease. Lactose-free products are expected to see the highest growth, with a CAGR of 7.2%, while online sales channels are also anticipated to expand significantly. The Asia-Pacific region is set to experience the fastest growth rate, registering a CAGR of 7.1% from 2022 to 2031.
global salty snacks market projected to grow significantly by 2028
The global salty snacks market is projected to grow at approximately 7% from 2022 to 2028, driven by rising demand for convenient, low-sugar, high-protein snacks and innovative product offerings. Potato chips are expected to lead in growth, particularly in emerging economies, while retail channels will dominate sales due to increased e-commerce and consumer preferences. The Asia Pacific region is anticipated to hold a significant market share, fueled by rising disposable incomes and a growing appetite for flavored snacks.
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