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Global Food & Beverages Industry Market Size, Share and Forecast to 2025

May 18th 2020 at 2:15 AM

The global food & beverage industry was growing with a modest growth rate all across the globe. The food & beverage industry includes the companies working in processing raw food materials, packaging, and distribution of food along with alcoholic and non-alcoholic beverages. The increase in the number of on the go consumers and rising adoption of ready to eat food is some of the major factors for the growth of the food and beverage industry globally. Moreover, increasing population and per capita income and changing lifestyles were other factors augmenting the industry. Moreover, increasing meat & alcohol consumption, development of food supply chain are some contributing to the growth of the industry.

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The COVID-19 pandemic has severely impacted the food and beverage industry all across the globe. Though there was panic buying during the early lockdown, some disruption in the logistic has been observed due to a shortage of labor forces as lockdown introduced in many countries. Moreover, the shutdown of hotels, restaurants, and tourism sector has decreased the demand for food and beverage significantly in the first half of 2020 all across the globe. Besides, an upsurge in unemployment can be witnessed globally, which is further expected to reduce the consumption of food and beverages.

A Full Report of Food & Beverages Industry is Available at: https://www.omrglobal.com/industry-reports/food-and-beverage-industry

The industry report is bifurcated into food and beverage segments. The food segment is further divided into wheat, coarse grain, rice, oilcrops, sugar, meat & meat products, milk and milk products, fishery products whereas the beverage segment is further divided into alcoholic beverages, carbonated soft drinks, dairy products, bottled water, and non-carbonated drinks. The whole food and beverage industry is impacted however the industry of meat, fisheries and its products has plummeted significantly.

The novel COVID-19 has impacted the food & beverage industry in all regions including North America, Europe, Asia-Pacific, and the Rest of the World. The US is the most affected country due to COVID-19, whereas Italy, Spain, Germany, France, and UK have been affected in Europe. Now, in May 2020 the governments in the countries are introducing new guidelines to operate public places which include maintaining social distancing and regular sanitization. The new cases related to COVID-19 in China, Japan, and South Korea have reduced significantly and the food and beverage industry is increasing again under strict surveillance in these countries.

The prominent players operating in the global food & beverage industry include The Coca-Cola Co., PepsiCo Inc., Anheuser-Busch InBev, Bunge Ltd., Heineken Holding N.V., JBS S.A., Nestlé S.A., The Coca-Cola Co., Tyson Foods, Inc., Wilmar International Ltd. among others.

Segmentation

Food

  • Wheat
  • Coarse Grain
  • Rice
  • Oil crops
  • Sugar

Meat & meat products

  • Milk and milk products
  • Fishery products

Beverages

  • Alcoholic Beverages
  • Carbonated Soft Drink
  • Dairy products
  • Bottled Water
  • Non-Carbonated Drinks (Fruit Juice, Nectars, Coffee, Tea)

Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

Rest of the World

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +1 646-755-7667, +91 780-304-0404

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