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 Cold Pressed Juice Market

Published Date : May 2023

Cold pressed juices are obtained by the process of hydraulic pressing of fresh fruits and vegetables, at a certain cooling temperature. Unlike other traditional techniques of juice extraction i.e. by using blades, there is no heat produced during the cold pressing pro... View more

Coherent Market Insights Egg Replacement Ingredients Market

Published Date : May 2023

Egg replacement ingredients are the ideal substitute for eggs and are widely used to replace the egg content in food. They are produced from various ingredients such as milk, modified food starch, etc. These ingredients are widely used across muffins, custard, mayonna... View more

Coherent Market Insights North America Flaxseed Market

Published Date : May 2023

Flaxseed is one of the most highly nutritious plant-based food that is cultivated around the globe and is a rich source of antioxidants, healthy fat, and fiber. Its consumption reduces the risk of various diseases such as stroke, heart disease, cancer, and diabetes an... View more

Coherent Market Insights Gourmet Salts Market

Published Date : May 2023

Gourmet salts are crude and high-quality salts used in food products for enhancing the taste and texture of the food. In addition to this, gourmet salts exhibit better solubility and higher mineral content. Gourmet salts are widely blended with various types of flavor... View more

Coherent Market Insights Vitamin D Ingredients Market

Published Date : Apr 2023

Vitamin D ingredients are ingredients that provide nutritive value to the food and provides different health benefits such as aiding in controlling blood pressure, obesity, cholesterol, and heart diseases. Owing to this, Vitamin D ingredients are gaining popularity am... View more

Coherent Market Insights Sunflower Oil Market

Published Date : Apr 2023

Sunflower oil is an essential ingredient for most home cooks and is used in a wide variety of foods. It is an all-purpose cooking oil that can withstand high cooking temperatures and has a delicate flavor and fragrance. It is available in a wide range of flavors and g... View more

Coherent Market Insights Vegan Food Market

Published Date : Apr 2023

Vegan food are becoming more popular because they’re easy to follow and taste delicious. They’re also good for health, as they’re full of nutrients that body needs to stay healthy. Plant-based sources of protein are a great option for those on a vega... View more

Coherent Market Insights Vegetable Seed Market

Published Date : Apr 2023

Vegetables are some of the most nourishing, healthful, and delicious foods grown worldwide, and they’re a great source of vitamins and minerals. Planting and growing own vegetables from seeds is one of the most satisfying activities one can do at home. It’... View more

Coherent Market Insights Omega 3 Products Market

Published Date : Apr 2023

The omega-3 fatty acids eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) are essential dietary nutrients, meaning they are needed for normal growth and development. They can be found mainly in oily fish, but can also be sourced from plants and berries. EPA a... View more

Coherent Market Insights Greenhouse Soil Market

Published Date : Apr 2023

Greenhouse soil is custom blended soil, which is used in various applications such as indoor gardening and greenhouses. Various types of greenhouse soils that are available in the market include potting mix, garden soil, top soil, and mulch. Mulch refers to organic an... View more

Coherent Market Insights Polyol Sweeteners Market

Published Date : Mar 2023

Polyols are naturally occurring chemical compounds which are found in mammalian tissues. These are ubiquitous sugar alcohols and are formed by the reduction of aldoses and ketoses during intermediary carbohydrate metabolism reactions. They are widely used in bakery pr... View more

Coherent Market Insights Coffee Market

Published Date : Mar 2023

Coffee is a popular drink worldwide, and it has many health benefits. It can help reduce the risk of heart disease, improve memory and thinking skills, and improve physical performance. It can also help to maintain a healthy weight. Coffee cherries (coffee beans) are ... View more

Coherent Market Insights Vegetable Oils Market

Published Date : Mar 2023

Vegetable oil is a type of fat that is extracted from plants, especially seeds. It can be used in many different applications such as frying foods, baking, or making cosmetic products. It is high in fatty acids and vitamins, such as vitamin E (tocopherol) and omega 3 ... View more

Coherent Market Insights Mozzarella Cheese Market

Published Date : Mar 2023

Mozzarella cheese is a type of pasta filata cheese and has low-fat content compared to other alternatives such as cheddar. Production of organic cheese avoids the use of chemical fertilizers, pesticides, or any artificial chemicals. Demand for organic products is incr... View more

Coherent Market Insights Protein Cookie Market

Published Date : Mar 2023

Consumption of protein cookies lowers blood pressure. Moreover, these cookies have low calorie content. Increasing health awareness is expected to boost demand for protein cookies. Product development on the basis of varying protein content, flavors, attractive packag... View more

Coherent Market Insights Halal Food Market

Published Date : Mar 2023

Halal Foods are food items that are free from components that are prohibited for consuming by Muslim community, according to the Islamic law. These foods are prepared, processed, produced, made, manufactured, and stored in utensils and machinery that have cleaned acco... View more

Coherent Market Insights Hot Dogs And Sausages Market

Published Date : Mar 2023

Sausage is a meat product seasoned with spices and herbs, which are stuffed together into a casing and served with a partially sliced bun. Demand for hot dogs & sausages is expected to increase during the forecast period, owing to rising preference towards healthy... View more

Coherent Market Insights Tomato Seeds Market

Published Date : Mar 2023

Every tomato seed contains a tiny tomato plant that is alive but dormant. This means that it is not growing, it is just waiting. When environmental conditions are right, the seed will germinate. This is when the tiny plant sprouts from the seed and... View more

Coherent Market Insights Chocolate And Gourmet Dates Market

Published Date : Mar 2023

Chocolate and gourmet dates have high health benefits. The growing importance of organic food is boosting demand for gourmet dates. Increasing attraction towards chocolates and gourmet dates as gifts is expected to boost the market growth during the forecast period. F... View more

Coherent Market Insights Poultry Market

Published Date : Mar 2023

Poultry are domesticated birds raised for meat, eggs, and feathers. Popular birds of poultry include chickens, turkeys, ducks, geese, guinea flow, and squabs. Global Poultry Market is expected to witness significant growth over the forecast period, owing to increasing... View more

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