Food And Beverages Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global food and beverages market as it emerges from the Covid 19 shut down.
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Description:
Where is the largest and fastest growing market for the food and beverages- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The Food And Beverages market global report from Publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider food and beverages market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The food and beverages market section of the report gives context. It compares the food and beverages market with other segments of the food and beverages market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, food and beverages indicators comparison.
Scope
Markets Covered: 1) By Type: Alcoholic - Beverages; Non Alcoholic - Beverages; Grain Products; Bakery & Confectionary; Other Foods Products; Frozen, Canned and Dried Food; Dairy Food; Meat, Poultry And Seafood; Syrup, Seasoning, Oils, & General Food; Animal And Pet Food; Tobacco Products
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others
3) By Nature: Organic; Conventional
Subsegments Covered: Beer; Wine And Brandy; Spirits; Coffee And Tea; Soft Drink And Ice; Flour, Rice And Malt; Other Grain Products; Breakfast Cereal; Sugar And Confectionery Products; Bread And Bakery Products; Cookie, Cracker, Pasta, And Tortilla; Perishable Prepared Food; Snack Food; All Other Miscellaneous Food; Frozen Food; Canned And Ambient Food; Milk And Butter; Cheese; Dry, Condensed, And Evaporated Dairy Products; Ice Cream And Frozen Dessert; Meat Products; Poultry; Seafood; Flavoring Syrup And Concentrate; Seasoning And Dressing; Fats And Oils; Pet Food; Animal Food; Cigarettes, Cigars And Cigarillos; Smoking And Other Tobacco Products
Companies Mentioned: Nestle S.A; Philip Morris International Inc; PepsiCo; JBS S.A.; Anheuser Busch InBev
Metrics Covered: Number of Enterprises; Number of Employees
Countries: 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; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, food and beverages indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the food and beverages market include Nestle S.A; Philip Morris International Inc; PepsiCo; JBS S.A. and Anheuser Busch InBev.
The global food and beverages market is expected to grow from $5838.8 billion in 2020 to $6196.15 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8163.61 billion in 2025 at a CAGR of 7%.
The food and beverages market consists of sales of beverages, food, pet food and tobacco products by entities (organizations, sole traders and partnerships) that produce beverages, food, pet food and tobacco products. The companies in the food and beverages industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both individual customers and commercial establishments. The food and beverages market is segmented into alcoholic - beverages; non alcoholic - beverages; grain products; bakery & confectionary; frozen and fruit & veg; dairy food; meat, poultry and seafood; syrup, seasoning, oils, & general food; animal and pet food; tobacco products and other foods products.
Asia Pacific was the largest region in the global food and beverages market, accounting for 42% of the market in 2020. North America was the second largest region accounting for 22% of the global food and beverages market. Africa was the smallest region in the global food and beverages market.
Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage. Examples of IQF foods include fruits such as blueberries, strawberries and peaches, and vegetables such as corn, peas and green beans. The global IQF vegetable market is expected to reach $2 billion by 2026, thus indicating significant demand for IQF food products in future.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the food and beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Food and beverage manufacturers depend on supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to lack of raw materials. Also, restrictions on trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverages market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected result in low raw material costs for food and beverage companies. For example, in 2019, the Indian government spent $873 million to subsidize the export of sugar as a result of overproduction of sugarcane, thereby reducing prices. Thus, overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable food and beverage companies to increase their production and drive the market going forward.
Table of Contents
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Nestle S.A
Philip Morris International Inc
PepsiCo
JBS S.A.
Anheuser Busch InBev