Market Research Reports & Industry Analysis on Food & Beverage

The food and beverages market is a vast industry that encompasses everything from basic agricultural produce to high-end luxury foods and drinks. The market includes both the production and consumption of food and beverages, and it is driven by a variety of factors including changing consumer tastes, dietary preferences, health concerns, and cultural traditions.

Beverages, on the other hand, are potable drinks that are thirst-quenching, refreshing, stimulating, and nourishing. The main types of food and beverages are alcoholic and non-alcoholic drinks, grain products, bakery and confectionary items, dairy products, meat, poultry, and seafood, syrup, seasoning, oils, pet food, and tobacco products. They are distributed through channels such as supermarkets/hypermarkets, convenience stores, and e-commerce.

In recent years, the food and beverages market has undergone significant changes due to the impact of globalisation, increasing urbanisation, and advancements in technology. These changes have created new opportunities and challenges for food and beverage producers, distributors, and retailers.

One of the major trends that has emerged in the food and beverages market is the growing demand for healthy and organic food products. Consumers are becoming more health-conscious and are looking for foods that are free from harmful chemicals, pesticides, and artificial additives. This trend has led to the rise of organic and natural food products, which are now widely available in many supermarkets and specialty stores.

Another trend that is driving the food and beverages market is the increasing popularity of plant-based diets. Consumers are looking for meat alternatives that are high in protein, tasty, and easy to prepare. As a result, there has been a surge in demand for plant-based protein products such as tofu, tempeh, and plant-based meat substitutes.

The food and beverages market size report research report from The Business Research Company provides detailed statistics about the industry, including global market size, regional shares, competitor analysis, segments, trends, and opportunities. The global food and beverages market grew to $7,221.73 billion in 2023, and it is projected to reach $9,225.37 billion in 2027 at a CAGR of 6.3%.

Despite the impact of the COVID-19 pandemic, falling prices of crops in many countries may lead to low raw material costs for food and beverage companies. The use of individual quick freezing (IQF) technology is expected to boost the yield and quality of frozen foods, leading to significant demand for IQF food products in the future.

The food and beverages market growth is dominated by major companies such as Nestle, JBS, PepsiCo, Anheuser-Busch InBev, Tyson Foods, Wilmar International, ADM, Coca-Cola, Imperial brands, and Mars Incorporated. Asia-Pacific is the largest market for food and beverages, followed by Western Europe. The regions covered in the market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, and Nigeria.

In addition to these trends, there is also a growing interest in ethnic and exotic foods, particularly among younger consumers. This has led to the emergence of new food and beverage trends, such as fusion cuisine, which combines different cultural influences to create new and exciting flavours.

The food and beverages market dynamics is also being impacted by advancements in technology, particularly in the area of food production and distribution. The use of automation and robotics is becoming more common in food production, which has led to greater efficiency and consistency in the manufacturing process. In addition, new distribution models, such as direct-to-consumer delivery, are also becoming more popular, allowing consumers to order food and beverages online and have them delivered directly to their doorstep.

Despite these trends and advancements, the food and beverages market forecast continues to face a number of challenges. One of the biggest challenges is the issue of food waste, which is a major problem in many parts of the world. In addition, there are concerns about the environmental impact of food production and distribution, particularly in terms of greenhouse gas emissions and water usage.

Overall, the food and beverages market is a dynamic and constantly evolving industry. As consumer preferences and trends continue to change, food and beverage producers, distributors, and retailers will need to adapt and innovate in order to stay competitive and meet the demands of their customers.

However, market value refers to the revenue that companies generate from selling goods and/or services within a particular market and geographic region, using sales, grants, or donations in terms of USD unless otherwise stated.

For a specific region, revenue generated by organisations within the market is considered consumption values, regardless of where they were produced. However, it doesn’t include revenue from resales in the supply chain, whether further down the chain or as part of other products.

The global food and beverage market share is divided into three segments:

1. Type, including Alcoholic Beverages, Non-Alcoholic Beverages, Grain Products, Bakery & Confectionery, Other Food Products, Frozen, Canned and Dried Food, Dairy Food, Meat, Poultry And Seafood, Syrup, Seasoning, Oils, & General Food, Animal And Pet Food, and Tobacco Products.
2. Distribution Channel, including Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, and Other Distribution Channels.
3. Nature, including Organic and Conventional.

Therefore, to stay ahead in the constantly changing food and beverage industry, leverage the extensive database of market research reports offered by Excelsior Research. By staying informed about the latest market demands, you can ensure that your company’s profitability remains strong. Accessing reports that are specifically relevant to your business will enable you to keep pace with the industry and take advantage of key growth opportunities.

Excelsior Research offers thousands of market research reports for the food and beverage industry, providing valuable information on market size, growth, segmentation, as well as the key drivers and challenges influencing business strategies. In addition, our reports provide expert analysis on emerging trends, consumer demographics, and behaviour, allowing you to anticipate future market changes. We also offer insights on the competitive landscape, including mergers and acquisitions, market share, and emerging players to watch.

Keep up to date with our food and beverage market analysis

Looking to stay up-to-date with the latest trends and insights in the food and beverage market? Look no further than Excelsior Research. With our vast collection of authoritative data, we can provide you with the research you need to support your long-term strategic planning, expand into new geographic markets, or develop new products. Our extensive coverage spans major category segments like food, beverages, agriculture, and food service & hospitality, as well as more specific market segments ranging from energy drinks and bottled water to breakfast foods and dairy products. Whether you need global market research reports with regional data, country-specific reports, or company profiles, we’ve got you covered. With over 8 years of experience in the field of market research, Excelsior Research is a trusted source for business intelligence, relied upon by many top food and beverage brands. Gain valuable insights into the industry and discover new opportunities for your business by using our in-depth research.