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 Rennet Market

Published Date : Aug 2022

Rennet is a collection of enzymes produced by ruminant mammals in their stomachs. Its key component is chymosin, a protease enzyme that helps curdle casein in milk. Other enzymes are present in rennet as well. The term rennet refers to an enzymatic extract extracted f... View more

Coherent Market Insights Riboflavin Market

Published Date : Aug 2022

Riboflavin is a type of vitamin B. It is synthesized by microorganisms. In the past, it was made by microorganisms that had a high rate of overproduction. The human body can synthesize riboflavin in small amounts in the gut but cannot make enough to fulfill its nutrit... View more

Coherent Market Insights Collagen Supplements Market

Published Date : Jul 2022

Collagen plays a vital role in the structure and function of skin, cartilage, bones, and connective tissue. The body needs amino acids to build the protein collagen, and supplements may provide these nutrients. Collagen is generally considered to be a safe and non-tox... View more

Coherent Market Insights Frozen Meat Market

Published Date : Jul 2022

Frozen meats help in reducing food waste while providing fresh taste. Frozen meats are easy to cook, and save time. Contrary to processed foods, frozen meats do not contain any harmful preservatives. Key players in market are adopting various business strategies such ... View more

Coherent Market Insights Human Milk Oligosaccharides Market

Published Date : Jun 2022

A major role in the infant's development is played by human milk oligosaccharides, which are structurally complex glycans found in breast milk. Human milk oligosaccharides (HMOs) are known to promote the growth of beneficial gut bacteria, stimulate the immune system, ... View more

Coherent Market Insights Food Irradiation Market

Published Date : Jun 2022

Food irradiation is a technology, which improves shelf life and safety of food by reducing or eliminating microorganism and insects present in the food. The process exposes food and food packaging to ionizing radiation. Food irradiation has been approved by the U.S. F... View more

Coherent Market Insights Chia Seeds Market

Published Date : Jun 2022

Chia seeds are gaining popularity as a super food, enriched with multiple nutrients’ and presence of nutritional contents such as omega-3 fatty acids, fibers, anti-oxidants, minerals, and various others. Global chia seeds market is gaining major traction due to ... View more

Coherent Market Insights Dairy Products Market

Published Date : Jun 2022

Dairy product is defined as milk and any of the foods made from milk including butter, cheese, ice cream, yogurt, and condensed and dried milk. Dairy products are extremely diverse, as a result of the robust composition of milk and the types of microorganisms that can... View more

Coherent Market Insights Hens Egg Processing Market

Published Date : May 2022

The egg product industry is growing with the food industry to offer safe and ready-to-use eggs to food manufacturers. Pasteurized whole eggs, egg yolks, and egg whites are available in liquid, frozen, or powder form. The processes used in the hen’s egg processin... View more

Coherent Market Insights Indonesia Dietary Supplements Market

Published Date : Mar 2022

The Indonesia dietary supplements market is expected to exhibit a CAGR of 7.7% during the forecast period, owing to the rising health awareness. For instance, Indonesia is influenced by malnutrition and chronic diseases, especially in children and women. According to ... View more

Coherent Market Insights Middle East Coconut Products Market

Published Date : Feb 2022

Coconut products include coconut powder, coconut water, coconut milk/cream, coconut oil, and many others. Increasing demand for coconut products in Middle East has been observed over a few years. Coconut products such as coconut milk, coconut water, and desiccated coc... View more

Coherent Market Insights Europe Tomato Seeds Market

Published Date : Dec 2021

Tomatoes include potassium, which helps controlling blood pressure. Moreover, tomato seeds contain dietary fibers that helps in the reduction of harmful cholesterol levels. Additionally, tomato seeds include a variety of digesting amino acids, which helps in improving... View more

Coherent Market Insights Cheese Market

Published Date : Nov 2021

Milk and other dairy products are widely used in the making of cheeses. Plant-based cheese is 100 percent animal-free and is produced from soy; nuts, and vegetable oils. Various types of cheeses include, Mozzarella, Cheddar, Emmental, Gouda, Parmigiano, Feta, Brie, an... View more

Coherent Market Insights Bio Tech Flavor Market

Published Date : Nov 2021

The biotech flavor is extracted from plants through various methods such as trans-resveratrol, bactericidal activity, phytoestrogenic effects, or gene expression methods. Through this technology, nutraceutical companies can develop highly concentrated extracts for pha... View more

Coherent Market Insights Europe Malt Extract Market

Published Date : Aug 2020

Malt extracts is made from malted grains such as barley, wheat, rice and rye with natural enzymes. It is a natural, nutritious and whole grain sweetener.  Dry and liquid are two forms of malted extracts. Malt extracts typically has 6% protein, numerous free amino... View more

Coherent Market Insights Us Quick Service Restaurant Ecosystem Market

Published Date : Aug 2020

Quick service restaurant is a restaurant that provides fast food in nominal time on the table. Nowadays quick-service restaurants are adopting digital services such as digital menu cards, handheld devices, point of sales, and signage systems for enhancing consume... View more

Coherent Market Insights Bric Organic Baby Food Market

Published Date : May 2020

Organic baby food carry the organic label and meet the strict regulation set by USDA’s National Organic Program. This means the raw materials used for the production of organic food such as vegetables and fruits have not sprayed or expose to pesticides and meat ... View more

Coherent Market Insights Edible Insects Market

Published Date : Apr 2020

Edible insects are available in roasted, dried and powdered form and are used as low calorie ingredient for nutritious food & beverage preparations. Commonly available insects include grasshoppers, bees, ants, crickets, and wasps. These products are predominantly ... View more

Coherent Market Insights India Gin Market

Published Date : Mar 2020

Gin is an alcoholic beverage. This is a distilled alcoholic beverage that is produced from grain and various flavors with botanicals. This alcohol beverage produced from range of cereal grains such as rye, barley, corn, and wheat. The aroma and flavors in gin come fro... View more

Coherent Market Insights Colostrum Market

Published Date : Mar 2020

Colostrum is the first milk produced by humans, cows, and other mammals that have given birth. It is a milky fluid that is released by mammalian after they give birth to infants. It is used to produce supplements that are called bovine colostrum and are rich in vitami... View more

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