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 Plant Based Meat Market

Published Date : Dec 2022

Plant based meat product refers to a diet that does not expect animal byproducts, they just focuses on plant foods such as seitan. Plant based meats are products designed to imitate animal meat. In plant based meat commonly found ingredients are legumes, soybeans, veg... View more

Coherent Market Insights Shrimp Market

Published Date : Dec 2022

Shrimps are increasingly gaining popularity among consumers worldwide. The consumption of shrimp is associated with various health benefits, as it has a high content of nutrients such as selenium, carotenoid, and vitamin B12. Furthermore, a wide variety of shrimps are... View more

Coherent Market Insights Europe Natural Food Additives Market

Published Date : Dec 2022

The natural food additives are obtained from natural raw materials plant, animals, minerals, and others. Various synthetic food additives are available in the market as well. Natural food additives such as salt and sugar are being used for centuries in order to preser... View more

Coherent Market Insights Vitamin A Market

Published Date : Nov 2022

Vitamin A is a fat-soluble unsaturated organic compound. It is often found in natural food products. It includes carrots, eggs, milk, cheese, and other dairy products. Furthermore, it can be synthesized from plants, fish oil, and other bacterial precursors of caroteno... View more

Coherent Market Insights Food Grade Phosphoric Acid Market

Published Date : Nov 2022

Phosphoric acid is usually used to acidify foods and beverages, adding a tangy flavor. Phosphoric acid is also used as a rust remover. It is safe for human consumption when produced in accordance with appropriate manufacturing practices. Phosphoric acid can improve th... View more

Coherent Market Insights Food Intolerance Products Market

Published Date : Nov 2022

Food intolerance is a condition in which the digestive system unable to digest certain food properly. People with food intolerance typically use products to alleviate their symptoms, including gluten-free products and dairy alternatives. These products can be purchase... View more

Coherent Market Insights Food Premix Market

Published Date : Oct 2022

Food premix is blended with minerals, vitamins, and other functional ingredients and they are used in fortification for food & beverages. Premix is the food product that helps to manage the weight and provide essential nutrition required by the body. These food pr... View more

Coherent Market Insights Low Calorie Food Market

Published Date : Oct 2022

The global market of low-calorie food is growing at substantial rate, owing to the rise in elderly population across the globe. In addition to this, adoption of healthy lifestyle and increasing health awareness among consumers is expected foster the growth of the mark... View more

Coherent Market Insights Inulin Market

Published Date : Oct 2022

Inulin is a type of dietary fiber. It is extracted from chicory, and find several applications in food & beverages, pharmaceuticals, and dietary supplements. Inulin helps to improve digestive health, control diabetes, and aids in weight loss. The benefits of inuli... View more

Coherent Market Insights Food Encapsulation Market

Published Date : Sep 2022

Food Encapsulation is a type of advanced technology which is used to stabilize food ingredients for allowing better flavor retention and removal of bad taste from food product. Players in food and beverages industry face challenges to maintain flavor, colors and nutri... View more

Coherent Market Insights Us Nutraceuticals Market

Published Date : Sep 2022

Nutraceuticals are derived from food sources and are highly enriched with various nutrients that are beneficial for good health. Consumption of these products also reduces the risk of chronic disease and relieves the symptoms of any disease. Nutraceuticals are highly ... View more

Coherent Market Insights Carrageenan Gum Market

Published Date : Sep 2022

Carrageenan gum is extracted from a species of purple and red seaweeds and finds its application as a thickener and emulsifier in food & beverages, personal care, pharmaceutical, and cosmetics industries. It is commercially available in powder form with off white ... View more

Coherent Market Insights Bioengineered Food Market

Published Date : Sep 2022

Biotechnology is the use of living organisms to develop products with enhanced features and includes the use of genetic modification, also known as "gene technology" or "genetic engineering". Market Dynamics ... View more

Coherent Market Insights Citrus Pectin Market

Published Date : Sep 2022

The market is expected to grow due to rising middle-class income and a growing population. Urbanization and recent developments in the supply chain both had a big impact on the market. Due to people busy lifestyles, there will likely be a rise in the consumption of fu... View more

Coherent Market Insights Epa And Dha Market

Published Date : Sep 2022

EPA and DHA are fat-soluble omega-3 fatty acids that can be found in abundance in seafood, including fatty fish. They are also found in some grazed animal products. Although they are not the only source of EPA and DHA, they are essential for brain development. Researc... View more

Coherent Market Insights Apple Concentrate Market

Published Date : Aug 2022

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 Protein Ingredients Market

Published Date : Aug 2022

A protein can be referred to as nitrogenous compound that consists of long chains of amino acids. Some of the sources of protein ingredients are wheat, milk, soya, eggs, and meat. Based on product type, market is classified into plant and animal proteins. The animal p... View more

Coherent Market Insights Textured Vegetable Protein Market

Published Date : Aug 2022

Many food manufacturers use textured vegetable protein (TVP) in their products. While it lacks flavor, TVP is extremely versatile. By seasoning it appropriately, it can mimic the taste and texture of meat, poultry, and fish. Flakes are the most popular form, but they ... View more

Coherent Market Insights Swine Feed Market

Published Date : Aug 2022

Most feed rations contain cereal grains, which are low in fiber and high in energy. Corn is the most common grain used, but other grains can be used as base ingredients. Soybean meal is a good source of protein, but it cannot be the only protein source for pigs. Soybe... View more

Coherent Market Insights Food Additives Market

Published Date : Aug 2022

Food additives are any substances used to enhance the texture and flavor of food. They are also used to improve the appearance and appeal of food products. Food additives prevent the spoilage of food products by avoiding contamination and by extending the shelf-life o... View more

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