Major trends influencing growth include a shift to natural ingredients, functional beverages for hydration and nutritional benefits, etc.

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Global food and beverage market

Global food and beverage market

Global food and beverage market

Dublin, Aug. 17, 2022 (GLOBE NEWSWIRE) — The Food And Beverges Global Market Opportunities And Strategies To 2031 report has been added to ResearchAndMarkets.com’s offer.

The global food and beverage market reached a value of nearly $5,818.25 billion in 2021, having grown at a compound annual growth rate (CAGR) of 3.5% since 2016. The market is expected to grow from $5,818.25 billion in 2021 to $8,010.98 billion in 2026 at a rate of 6.6%. The market is then expected to grow at a CAGR of 5.4% from 2026 and reach $10,406.81 billion in 2031.

Growth over the historical period has resulted from an increase in clean label, organic and non-GMO (genetically coded organisms) products, an increase in alcohol consumption, an increase in pet ownership companionship by Gen Z and Millennial adults, strong economic growth in emerging markets, the influence of digital media and social media marketing, low interest rates, and the growing number of health-conscious consumers.

In the future, increasing consumption of organic food, increasing demand for immunity boosting foods and beverages, increasing penetration of organized retail, rapid growth of e-commerce, increasing demand for food for premium and organic pets, faster economic growth and food safety initiatives will drive growth. Factors that could hinder the growth of the food and beverage market in the future include complexity in consumer acceptance and buying intentions, climate change and global warming, a shift towards vegan diets and the Russian-Ukrainian war.

Asia-Pacific was the largest region in the food and beverage market, accounting for 41.9% of the total in 2021. It was followed by Western Europe, followed by other regions. Going forward, the fastest growing regions in the food and beverage market will be Africa and the Middle East, where growth will be at CAGRs of 13.7% and 10.6% respectively. . This is followed by Eastern Europe and South America, where the markets are expected to grow at CAGRs of 7.0% and 6.8% respectively.

The best opportunities in the food and beverage market segmented by nature will arise in the conventional market segment, which will earn $1,888.6 billion in global annual sales by 2026. The best opportunities in the food and beverage market beverages segmented by distribution channel will show up in supermarkets. / hypermarkets, which will earn $895.4 billion in global annual sales by 2026. Food and beverage market size will gain the most in China at $295.3 billion.

Main market trends

  • Switch to natural ingredients

  • Functional drinks for hydration and nutritional benefits

  • Rise in micro distilled/artisanal spirits

  • Rise of the alcohol e-commerce market

  • High pressure pasteurization of fruits and vegetables

  • Increase in demand for Clean Label products

  • Robotics and Automation in Meat Processing

  • Use of advanced cigarette filtering technologies

  • Using the artisanal cooking method

Scope
Covered markets:

1) By type: Alcoholic beverages; Soft drink; Cereals products; Bakery And Confectionery; Frozen, canned and dried foods; Dairy products; Meat, Poultry And Seafood; syrup, seasoning, oils and general foods; Food for animals and pets; tobacco products; Other food products
a) By Alcoholic Beverages: Beer (Brewery); Wine And Brandy (Vineyards); Spirits (Distilleries)
b) By non-alcoholic beverages: coffee and tea; Soft drink and ice cream
c) Cereal products: Flour; Rice And Malt; Other grain products
d) By Bakery And Confectionery: Sugar And Confectionery Products; Cookie, cracker, pasta and tortilla; Bakery And Bakery Products; Cereals for breakfast
e) By frozen, canned and dried foods: frozen foods; Canned and ambient food
f) By dairy product market: milk and butter; cheeses, dry, condensed and evaporated milk products; Ice Cream And Frozen Dessert
g) By meat, poultry and seafood market: meat products; Poultry; Seafood
h) By Syrup, Seasoning, Oils And General Food Market: Fats And Oils; seasoning and dressing; Syrup and flavor concentrate
i) By animal and pet food market: animal food; pet food
j) By tobacco product market: cigarettes, cigars and cigarillos; Smoking and other tobacco products
k) Through the other food market: perishable prepared foods; Snack; All other miscellaneous foods
2) By Distribution Channel: Supermarkets/Hypermarkets; convenience stores; E-commerce; Other channels
3) By Nature: Organic; Conventional foods and beverages

Main topics covered:

1. Executive Summary of the Food and Beverages Market

2. Table of Contents

3. List of Figures

4. List of tables

5. Structure of the report

6. Introduction and characteristics of the market

7. Product/Service Analysis – Examples of Products/Services

8. Supply chain analysis

9. Customer Information

10. Key Market Trends

11. Impact of COVID-19 on the market

12. Global Market Size and Growth

13. Food and Beverages Market, Regional Analysis

14. Global Food and Beverages Market Segmentation

15. Food and Beverage Market Segments

16. Global Food and Beverage Market Comparison with Macroeconomic Factors

17. Asia-Pacific Market

18. Western Europe market

19. Eastern Europe Market

20. North American market

21. South America Market

22. Middle East Market

23. African Market

24. Competitive landscape and company profiles

25. Major mergers and acquisitions in the market

26. Global Food and Beverage Market Opportunities and Strategies

27. Food and Beverages Market, Findings and Recommendations

28. Appendix

Companies cited

  • Nestlé SA

  • PepsiCo, Inc.

  • Anheuser-Busch InBev

  • JBS S.A.

  • Tyson Foods Inc.

For more information about this report visit https://www.researchandmarkets.com/r/5w68oa

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