Food and beverages industry contributes significantly in social as well as economic growth of a country. Market players operating in the food industry are focused on manufacture of food ingredients, processed food, animal food, food testing and processing equipment, customer health & hospitality services, and logistics. The beverage industry covers two bulk sectors; alcoholic and non-alcoholic beverages. Alcoholic... View more

Food and beverages industry contributes significantly in social as well as economic growth of a country. Market players operating in the food industry are focused on manufacture of food ingredients, processed food, animal food, food testing and processing equipment, customer health & hospitality services, and logistics. The beverage industry covers two bulk sectors; alcoholic and non-alcoholic beverages. Alcoholic beverages includes beer, wine, spirit whereas non-alcoholic beverages include juice, water, coffee, tea and soft drinks. Rapid urbanization along with improved health awareness is driving demand for food and beverage products. Improving standard of living is one of the key factors contributing to demand for processed and ready-to-eat food. Availability of natural alternatives to artificial flavors and colors, as well as healthier alternatives, and government campaigns for food and foodborne diseases are attracting manufacturers, investors, retailers, raw material providers to invest in the food and beverage industry. Globalization has made the world smaller and the food and beverages market is characterized by significant trade activities across the globe. This has led to an increase in import and export of food and beverage products across all regions.

Owing to lifestyle shifts and increasing demand for functional food products is expected to influence market players to invest in product development. North America is expected to dominate the global food and beverages market due to growing health awareness among the populace which has led to an increase in demand for natural and organic processed food. Moreover, the North America market accounts for a share of over 65% in the food testing and food testing equipment market. Asia Pacific is expected to witness significant growth due to an increase in disposable income, rapidly expanding population, and growing health awareness among consumers. According to Indian Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—food industry in India is expected to reach US$ 63.5 billion by the end of 2018. Europe food and beverages industry is expected to grow significantly due to increasing demand for food additives and flavoring agents in the region.

In case of the global beverage market, North America dominated the global beverage market followed by Asia Pacific and Europe in 2016. The trend is expected to be continue during for the following decade, due to increasing demand for alcoholic beverages in North America. The growth of the Asia Pacific market is driven by the increasing number of youths in the populations and adoption of western culture is expected to fuel growth of alcoholic beverages in this region.

Key challenges in front of global food and beverage market

On a global scale, the food and beverages industries needs to evaluate challenges before production and distribution of its products to end users. For instance:

  • Government regulations

Stringent government regulations and time consuming approval processes are expected to hamper the market growth to some extent. Leading food associations such as Food and Drug Administration, U.S. (FDA), European Food and Safety Association (EFSA) and Food Safety and Standards Authorities of India (FSSAI) have set a criteria for the ingredients used in the production of certain food and beverage products which are as follows:

  • In April 2016, Food and Drug Administration of the U.S. issued a statement that gaur gum, a natural substance which is obtained from maceration of the seed of the gaur plant, are safe and can be used in a specified limit.
  • European Food and Safety Authorities (EFSA) approved dietary food supplements based on Lactoferrin as a consumable dietary food supplement for infant formula, sports nutrition.
  • In June 2016, the Food Safety and Standards Authority of India (FSSAI) introduced new regulations for 11,000 food additives used in various food categories. The new list of food additives bans the usage of potassium bromate and cyclamates in any food category.
  • Investment in automation

Increasing adoption of automation by mature and developed markets is driving regional players in emerging markets to invest in technologies such as artificial intelligence (AI), programmable logic controllers (PLC), Internet of Things (IoT). This is likely to result in higher expenditure and investments.

  • AuAffordability

Rising energy prices are leading to high production prices of end products which results in poses a challenge in terms of affordability of goods and services in low- and middle-income countries.

Key Global conferences

Global conferences in the food and beverages industry are listed below. Problems associated with food and beverages such as proper food utilization, food loss, food safety, food and beverage operational constraints and ways to overcome these challenges are dealt with in these conferences.

  • 18th International global summit on food and beverages - 2017, Chicago.
  • 2nd International conference on food security and sustainability - 2017, San Diego, U.S.
  • 3rd global conference on food security - 2017, Cape Town, South Africa
  • International conference on food quality, safety and security – 2017, Colombo, Sri Lanka
  • Institute for food technologist – Annual meeting 2017, Las Vegas, U.S.
  • 19thInternational Conference on Behavioral Nutrition and Physical Activity – 2017, Tampa, Florida, U.S.
  • 21st International conference on food and nutrition - 2018, Chicago, U.S.

Key players in food and beverage global market

Some of the key players operating in the global food and beverages market are Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Kerry Group PLC (Ireland), Associated British Foods PLC (U.K.), Unilever Group, Danon, Fonterra, General Mills, E. I. Du Pont De Nemours and Company (U.S.), Arla Foods (Denmark), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), DMH Ingredients (U.S.), and Ajinomoto Co., Inc. (Japan). The recent mergers of food companies such as Kraft with Heinz, and AB InBev with SABMiller is creating a highly competitive environment with major growth prospects for players.

Companies such as Nestle, Anheuser-Busch InBev NV, Coca-Cola, PepsiCo, Inc., Diageo plc, and Heineken also operate in this market.View less

Food and Beverages Published Insights

Coherent Market Insights Wine Production Machinery Market

Published Date : Dec 2023

The wine industry has witnessed significant growth in recent years, leading to an increased demand for wine production machinery. Wine production machinery plays a crucial role in the winemaking process, from harvesting and crushing grapes to fermenting and bottling t... View more

Coherent Market Insights Plant Collagen Market

Published Date : Nov 2023

The term "plant collagen" describes components that resemble collagen but come from plants. Plant-based components high in amino acids, which are the collagen's building blocks, are frequently found in substitutes for animal collagen even if they do not include collag... View more

Coherent Market Insights Seafood Broth Market

Published Date : Nov 2023

Seafood broth is a tasty liquid that can be used to create soups, stews, sauces, and gravies. It is prepared by cooking veggies, spices, and seafood. It is frequently made from animal parts that are typically abandoned, like fish bones, heads, tails, and shells. A fla... View more

Coherent Market Insights Hominy Feed Market

Published Date : Nov 2023

The Global Hominy Feed Market size was valued at US$ 1.25 Bn in 2023 and is expected to reach US$ 1.99 Bn by 2030 and is projected to grow at a CAGR of 6.9% from 2023 to 2030. The growth of the market is primarily driven by the increasing demand for poultry and livestock products, rising awareness a... View more

Coherent Market Insights Senbei Rice Crackers Market

Published Date : Nov 2023

Global Senbei Rice Crackers Market size is projected to reach US$ 11.56 billion by 2030, from US$ 7.74 billion in 2023, exhibiting a CAGR of 5.9% during the forecast period. The market growth is driven by increasing demand for healthy and gluten-free snacks, rising disposable incomes, and growing ur... View more

Coherent Market Insights Animal Fats And Oils Market

Published Date : Nov 2023

The global animal fats and oils market size was valued at US$ 279.30 billion in 2023 and is expected to reach US$ 475.58 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. Animal and marine oils and fats are water-insoluble, hydrophobic substances of animal o... View more

Coherent Market Insights Margarine And Shortening Market

Published Date : Nov 2023

The global margarine and shortening market size is estimated to be valued at US$ 15.75 Bn in 2023, and is projected to reach US$ 17.48 Bn by 2030, exhibiting a CAGR of 1.5% during the forecast period. Rising demand for bakery products, convenience foods, and spreads is driving the growth of the mark... View more

Coherent Market Insights Marijuana Cigarette Market

Published Date : Nov 2023

The Global Marijuana Cigarette Market size is projected to reach US$ 457.20 billion by 2030, from US$ 58.63 billion in 2023, growing at a CAGR of 34.1% during the forecast period (2023-2030). The increasing legalization of marijuana for recreational and medical use in various countries is one of the... View more

Coherent Market Insights Sinking Fish Feed Market

Published Date : Nov 2023

Global sinking fish feed market is expected to be valued at US$ 10.76 Bn in 2023, and is expected to reach US$ 14.65Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. Global sinking fish feed market has experienced significant growth in recent years due to expans... View more

Coherent Market Insights Natural Immune Booster Market

Published Date : Oct 2023

The natural immune booster market size was valued at US$ 12.25 Bn in 2023 and is projected to reach US$ 19.67 Bn by 2030, the market is expected to grow at a CAGR of 7% during the forecast period 2023-2030. The increasing awareness of the importance of a healthy immune system is driving the growth o... View more

Coherent Market Insights Indian Vegan Food Market

Published Date : Oct 2023

Vegan food is generally healthy and is a popular choice for chefs to add flavor and excitement to their dishes or menus. Most vegan food such as vegan bacon, vegan yogurt, and others have healthy fats, a considerable amount of protein, and fiber. Without any animal cr... View more

Coherent Market Insights Vegan Bacon Market

Published Date : Oct 2023

Vegan bacon is generally healthy and can be used in sweet as well as savory dishes because it is flexible for making the dishes and popular choice for chefs to add flavor and excitement to their dishes or menus. Most vegan bacon has healthy fats, a considerable amount... View more

Coherent Market Insights Apple Juice Concentrate Market

Published Date : Sep 2023

Apple concentrate is a used as sweetener or as an alternative to corn syrup and sugar in food & beverages products such as soft drinks, sparkling drinks, and juices. Furthermore, it is an ingredient which find its applications in cosmetics and pharmaceutical indus... View more

Coherent Market Insights Food Allergen Testing Market

Published Date : Sep 2023

Food allergen testing is an important step in the allergy prevention process. Allergen testing can detect the concentration of allergens in food and alert consumers to possible hazards. When it comes to allergen detection, it's critical that food manufacturers use a r... View more

Coherent Market Insights Botanical Supplements Market

Published Date : Sep 2023

A botanical supplement is produced to add nutrients to the diet and lower the risk of health problems such as osteoporosis and arthritis. It is available in the form of capsules, powders, gel tabs, pills, extracts, and liquids and contains minerals, vitamins, fiber, h... View more

Coherent Market Insights Hydrocolloids Market

Published Date : Sep 2023

Hydrocolloids are substances that have the ability to give foods the proper texture and form. They are used in many different foods, and are commonly listed on food labels. Their functionality is vast, and they are used to create the perfect gooeyness for many product... View more

Coherent Market Insights Alfalfa Seeds Market

Published Date : Sep 2023

Alfalfa seed is a great source of vitamins and antioxidants. It can add nutritional value to many recipes, and is high in fiber. In addition, alfalfa seeds can be sprouted for additional nutritional benefits. Alfalfa grows well in a wide range of environments and soil... View more

Coherent Market Insights Fish Fish Feed Fish Feed Additive Shrimp Shrimp Feed Shrimp Feed Additive Market

Published Date : Sep 2023

A fish feed additive is a product designed to boost fish and shrimp growth. They can be nutritive or non-nutritive, and influence different systems within the animal. In addition to aiding in the overall growth of the animal, feed additives may also reduce the cost of... View more

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