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 Energy Bar Market

Published Date : Sep 2023

Energy Bar are made of cereals, grains, flavoring ingredients, and added nutrients. Their primary purpose is to provide the body with energy in a short period of time. They may be considered functional foods, too, because they contain added nutrients. There are two ma... View more

Coherent Market Insights France Acai Berry Market

Published Date : Sep 2023

The fruit is obtained from acai palm trees and is frequently consumed in Brazil, either dried or pulped. It's a tasty dark berry fruit that's high in natural antioxidants, including vitamin C, E, and anthocyanins, which are unique ... View more

Coherent Market Insights Us Liquid Coffee For Foodservice Application Market

Published Date : Sep 2023

A variety of coffee is available at local and franchised coffee shopsThe coffee shop market in urban and semi-urban cities has been boosted as the urban population grows, disposable income of the young population rises, and demand for new-generation cafes grows. Coffe... View more

Coherent Market Insights Industrial Starches Market

Published Date : Sep 2023

The usage of industrial starches varies according to the industry. Corn starch is used in the paper industry as a sizing material and as a filler. It is also used in the textile and laundry industries. Other industries that use starch include the adhesive industry, fo... View more

Coherent Market Insights Functional Mushroom Market

Published Date : Aug 2023

Global Functional mushrooms are loaded with polysaccharides and antioxidants, so consuming a large variety of these can improve many aspects of health. They may improve sleep, reduce stress, improve the immune system, and even boost the mood. They're also safe to cons... View more

Coherent Market Insights Malted Barley Market

Published Date : Aug 2023

Malted barley is produced from raw barley grains. It is produced under strict supervision to ensure high levels of purity and consistency in food products. Malted barley is used in various applications within the food, beverages, distilleries, and pharmaceutical indus... View more

Coherent Market Insights Edible Nuts Market

Published Date : Jul 2023

Edible nuts are dried fruits consumed worldwide and are an important source of nutrients such as fiber, potassium, vitamin A, iron, and Vitamin K. Edible nuts include almonds, cashew nuts, hazelnuts, walnuts, pistachios, chestnuts, and Brazil nuts. Edible nuts are use... View more

Coherent Market Insights Iqf Fruits Market

Published Date : Jul 2023

The global IQF fruits market is growing at a substantial rate owing to the rising popularity of non-seasonal fruits across the globe. In addition to this, the growing demand for convenience foods due to busy lifestyle is expected to foster the market growth during the... View more

Coherent Market Insights Tea Extracts Market

Published Date : Jul 2023

The tea extracts are derived from the leaves of the Camellia sinensis plant, which is often cultivated in China, India, Korea, and Japan. They are used for several purposes, most of which are to improve the flavor and nutritive value of food and drinks. However, recen... View more

Coherent Market Insights Bake Stable Pastry Fillings Market

Published Date : Jul 2023

Bake stable pastry fillings are a type of filling used in bakery products like cakes and cookies. These pastry fillings are prepare by mixing hot and cold ingredients with the dough. They are also available in a wide variety of flavors such as chocolate, fruit, and ev... View more

Coherent Market Insights Gum Arabic Market

Published Date : Jul 2023

Gum Arabic is obtained from Acacia species. These trees are grown majorly in Sudan and central & West Africa. Gum Arabic is being used as an emulsifier and stabilizer and as suspending agent for insoluble drugs. Gum Arabic is also used as a thickening agent in the... View more

Coherent Market Insights Grape Seed Extract Market

Published Date : Jul 2023

Grape seed extract is a type of dietary supplement that is commonly used to treat a variety of medical conditions associated with venous deficiency, as well as to aid in wound healing. It is produced by the removal, drying and pulverization of grape seeds, which conta... View more

Coherent Market Insights Corn Gluten Feed Market

Published Date : Jul 2023

Corn Gluten Feed (CGF) is a co-product obtained from the wet-corn milling industry. The wet corn milling industry manufactures starch, sweeteners, syrup, and oil from corn. Corn gluten feed is an excellent feedstuff and is widely used in the beef and dairy cattle indu... View more

Coherent Market Insights Candy Market

Published Date : Jul 2023

 Candy, also referred to as confectionery, is a type of sweet food that is primarily composed of sugar. It is available in various shapes and sizes, such as small pieces, drops, or bars, and is made from a blend of a chocolate, milk, nut, fruit, and artificial sw... View more

Coherent Market Insights Probiotics Market

Published Date : Jul 2023

Probiotics are functional foods and drinks that improve gut functioning and immunity. Furthermore, they aid in the breakdown of high-calorie meals, making it easier for stomach acids to breakdown complex proteins and improve digestion. Adoption of a healthy lifestyle ... View more

Coherent Market Insights Egg Processing Market

Published Date : Jul 2023

Egg processing is a huge segment of the food processing industry where eggs are processed into various convenient forms, for consumption. Eggs are the most common reproductive form of different species but their high nutritive value in terms of protein, carbohydrate, ... View more

Coherent Market Insights Red Berries Market

Published Date : Jul 2023

Red berries are small edible fruits, typically juicy, sweet, and sour. These are widely used across various food applications such as bakery, beverages, and desserts. These are also used in the preparation of flavored alcohol for enhancing the taste of the alcohol. Th... View more

Coherent Market Insights Cassia Gum Market

Published Date : Jul 2023

Cassia gum is a food additive produced from an endosperm known as cassia tora. It is widely demanded and used by user as a food additives in the pet food industry, and it also finds applications as a thickener and emulsifier in the food and beverages, personal care, p... View more

Coherent Market Insights Hydroponic Vegetables Market

Published Date : Jul 2023

The hydroponics market consists of sales of hydroponics solutions by entities (organizations, sole traders, and partnerships) that refer to the method of growing plants in a water-based, nutrient-rich solution. This approach allows roots to absorb nutrients from the w... View more

Coherent Market Insights Diabetic Foods Market

Published Date : Jul 2023

Global diabetic food market is growing at a substantial rate, owing to the rise in population ageing across the globe. In addition to this, adoption of healthy lifestyle and increasing health awareness among consumers is expected foster growth of market during the for... View more

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