Food and Beverages

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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

IQF Fruits Market, By Product Type (Strawberry, Peach, Prune, Blueberry), and By Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, MEA) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : Aug 2020

Definition of Market/Industry: IQF fruits are fruits prepared by using IQF method technology where individual fruits are sent to the blast-freezers process for fast freezing in order to enhance the shelf-lif... View more

Coherent Market Insights

Corn Gluten Feed Market, by Nature (Organic, Conventional), by Product Type (Wet corn gluten feed, Dry corn gluten feed), by Application (Ruminant animals, Poultry animals, Pet food, Aquafeed, Others), by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Oct 2022

Animal feed industry is experiencing a significant growth in the recent past, globally. The animal feed has a significant contribution in the global food industry. Feed is considered as an essential component to ensure safe, ample, and affordable animal proteins. ... View more

Coherent Market Insights

U.S. Quick Service Restaurant (QSR) Ecosystem Market, By Component (Hardware (Signage Systems, Kiosks, Point of Sale, Handheld Devices, Digital Menu Card, Drive Through Terminals), Software (Billing and Management, Analytics Software Solution), Service) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : Aug 2020

Quick service restaurant is a specific type of restaurant that aims to serve fast food to the customer quickly and on time. They are the most demanding segment in the restaurant industry and are gaining rapid adoption across developing as well as the developed re... View more

Coherent Market Insights

Edible Nuts Market, By Product Type (Almond, Cashew nuts, Hazelnuts, Peanuts, Pistachios, Walnuts), By Application (Bakery & Confectionery, Breakfast Cereals, Butter & Spreads, Dairy Products, Flavored Drinks, Snacks, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : Jul 2020

Edible nuts are widely consumed around the globe and are rich in various essential nutrients such as minerals, fiber, potassium, and calcium. Edible nuts are also rich in other vitamins such as vitamin K, vitamin A, and iron. Peanuts, almond, hazelnuts, pistachio... View more

Coherent Market Insights

Probiotics Market, by Type (Probiotics Food and Beverages, Probiotics Dietary Supplements, Probiotics Animal Feed), by Application (Human Probiotics, Animal Probiotics), by Ingredient (Lactobacillus, Streptococcus, Bifidobacterium), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Oct 2022

Probiotics are classified as beneficial bacteria that promote the healthy functioning of the gut. They are basically consumed to treat the digestive disorder. Probiotics improve the immune response and also preserve the proteins & lipids from oxidative destruction... View more

Coherent Market Insights

Egg Processing Market, by Product Type (Dried Egg Products, Liquid Egg Products, and Frozen Egg Products), by Application (Bakery & Confectionery, Dairy Products, Ready-to-Eat, Soups & Sauces and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Oct 2022

The processing of egg products includes breaking, filtering, mixing, stabilizing, blending, pasteurizing, cooling, freezing or drying, and packaging. Liquid, frozen, and dried egg products are the major types that are available as whole eggs, whites, yolks, and variou... View more

Coherent Market Insights

Processed Superfruits Market, By Form (Liquid/Concentrated, Frozen, Powder/Dried, Canned), By Application (Food, Beverages, Cosmetics), By Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : Jul 2020

Processed superfruits have additional health benefits in terms of nutritional content compared to normal fruits. It has the highest content of antioxidants, minerals, amino acids, vitamins,... View more

Coherent Market Insights

Diabetic Food Market, by Application (Dietary beverages, Ice cream and jellies, Dairy products, Confectionery, Baked products, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Sep 2022

Diabetic food products are dietary food products that are low in sugar and carbohydrate contents and help to control the rising sugar level in the blood. Diabetic food also includes low-calorie sweeteners, diet beverages with low-calorie sweeteners such as lactitol, a... View more

Coherent Market Insights

Low-Calorie Food Market, by Product Type (Aspartame, Sucralose, Stevia, Saccharin, Cyclamate, Others), by Application (Beverages, Food, Healthcare, Tabletop, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Oct 2022

low-calorie food is an excellent option to speed up the weight loss by regulating overall weight management. These food are not only low in calorie content but are also a rich source of protein and fibers that give the feeling of fullness and reduce hunger. low-calori... View more

Coherent Market Insights

BRIC Organic Baby Food Market, By Product Type (Ready to Feed, Prepared, Milk Formula, Dried, Others), By Distribution Channel (Supermarket, Specialty Outlet, Drug Stores & Pharmacies, Internet, Others), By Countries (Brazil, Russia, India, China) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : May 2020

Organic baby food is produced from certified organic raw materials and is free from any artificial additives ingredients. Organic food are grown or synthetic fertilizers or pesticides and more nutritious than non-organic food. Organic baby food is ready to use an... View more

Coherent Market Insights

Edible Insects Market, By Product Type (As a Whole (Steam or Fried, Raw, BBQ), As an Ingredient (Drinks, Insect Confectionery, Snack and Backed Products, Others)), By Insect Type (Beetles, Caterpillars, Hymenoptera, Orthoptera, True Bugs, Others), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published Date : Apr 2020

Edible insects are consumed across various regions as they are rich in various nutrients such as amino acids and essential minerals. Wasps, ants, bees, beetles, scale insects, cockroaches, flies, termites, crickets, and grasshoppers are some edible insects. They are a... View more

Coherent Market Insights

Nigella Seeds Market, by Form (Organic Nigella Seeds and Conventional Nigella Seeds), by Distribution Channel (Business to Business (B2B) and Business to Consumer (B2C) (Hypermarkets & Supermarkets, Specialty Stores, and Online Channels)), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Published Date : Mar 2023

Nigella seeds belong to the family of cumin, which is responsible for its aromatic flavor. Moreover, apart from oil, nigella seeds are used as flavoring agents in cooking and for the treatment of various body ailments such as joint pains and obesity, among others. Nig... View more

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