Food and Beverages

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.

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Food and Beverages Published Insights

Coherent Market Insights Artisanal Ice Cream Market

Published Date : Feb 2024

The global artisanal ice cream market has witnessed a steady rise in recent years due to the growing demand for premium and natural ingredient-based ice cream among health-conscious consumers. Artisanal ice cream uses only the finest quality ingredients sourced from l... View more

Coherent Market Insights Asparagus Market

Published Date : Feb 2024

The global asparagus market has been gaining significant traction in recent years, driven primarily by the rising consumer preference for healthy vegetables. Asparagus is a popular low-calorie vegetable that is rich in nutrients like folate, vitamin K, and fiber. It a... View more

Coherent Market Insights Coconut Wraps Market

Published Date : Feb 2024

Coconut wraps are a type of food product made from coconut meat or coconut pulp. These are a popular alternative to traditional wheat-based or grain-based wraps and tortillas, particularly for individuals who follow gluten-free or grain-free diets. ... View more

Coherent Market Insights Hopped Malt Extract Market

Published Date : Feb 2024

Hopped malt extract is a versatile ingredient commonly used in the brewing industry. It is made by extracting the flavors and aromas from hops and combining them with malt extract. This unique combination gives hopped malt extract its distinct bitter taste and adds co... View more

Coherent Market Insights Nitric Oxide Supplements Market

Published Date : Feb 2024

Nitric oxide is a chemical compound naturally produced within the body that plays a crucial role in various physiological processes. It acts as a vasodilator, meaning it relaxes and expands blood vessels, thereby increasing blood flow and improving the oxygen and nutr... View more

Coherent Market Insights Pumpkin Spice Market

Published Date : Feb 2024

Pumpkin spice has become the quintessential flavor of fall in North America. Originating from pumpkin pie spices used to flavor pumpkin pies during Thanksgiving, the popularity of this spice blend has grown exponentially over the past decade. Composed of cinnamon, nut... View more

Coherent Market Insights Fiber Supplements Market

Published Date : Jan 2024

Fiber supplements have gained significant popularity in recent years as people become more aware of the importance of fiber in their diet. Fiber is an essential nutrient that aids in digestion, promotes gut health, and helps maintain a healthy weight. However, due to ... View more

Coherent Market Insights Herbal Extract Market

Published Date : Jan 2024

The global herbal extract market has been gaining significant traction over the past few years due to the increasing consumer awareness about the health benefits of herbal extracts. Herbal extracts are concentrated forms of plants that are prepared by removing the act... View more

Coherent Market Insights Global Vegan Tuna Market

Published Date : Jan 2024

The global vegan tuna market has witnessed substantial growth in the recent years. Vegan tuna is a plant-based alternative to tuna that aims to provide a similar taste and texture to real tuna without involving animal products. Rising health and environmental concerns... View more

Coherent Market Insights Protein Crisps Market

Published Date : Jan 2024

Protein crisps have emerged as a popular snack option in recent years, catering to the growing health-conscious consumer base. These crispy snacks offer a high protein content while being low in carbohydrates and fat, making them an ideal choice for individuals lookin... View more

Coherent Market Insights Global Colloidal Silver Market

Published Date : Dec 2023

Colloidal silver is a popular alternative health product that has gained significant attention in recent years. It is a suspension of tiny silver particles in a liquid solution, typically water. The use of colloidal silver dates back to ancient times, where it was com... View more

Coherent Market Insights North America Middle East And Mediterranean Tahini Market

Published Date : Dec 2023

Tahini can be defined as a paste or condiment made from toasted ground-hulled sesame. Tahini is a rich source of calcium, Vitamin B, proteins, and fatty acids and therefore its consumption helps in maintaining good health. Tahini is used in numerous cuisines such as E... View more

Coherent Market Insights Tomato Lycopene Market

Published Date : Dec 2023

Lycopene is a fat-soluble carotenoid, which is a natural pigment that gives fruits and vegetables their color and has antioxidant properties. Tomatoes are a top source of lycopene in the U.S. diet. Lycopene has been shown to have a range of health benefits, including ... View more

Coherent Market Insights Corn Grit Market

Published Date : Dec 2023

Corn grits are coarse particles of corn that are obtained by grinding dried corn kernels. These are widely used as a key ingredient in the production of snacks, breakfast cereals, bakery products, and tortillas. These are a good source of complex carbohydrates, dietar... View more

Coherent Market Insights Floating Fish Feed Market

Published Date : Dec 2023

The floating fish feed refers to the industry involved in the production and distribution of specially formulated feed pellets that float on water surfaces to meet the nutritional requirements of various fish species. These feeds are widely used in aquaculture to enha... View more

Coherent Market Insights 3d Printed Meat Market

Published Date : Dec 2023

The 3D printed meat market is a rapidly emerging sector in the food industry, driven by advancements in technology and the growing demand for sustainable and alternative protein sources. 3D printed meat, also known as cultured meat or lab-grown meat, is produced by us... View more

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

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