The food and beverage industry plays a key role in the global food chain by transforming raw agricultural commodities into end products that meet the needs of discerning consumers who are keen to know the constituents of what they consume and how it is produced.

The food and beverage industry has experienced a significant growth over the past few years, driven primarily by increasing popularity of healthy and organic food products, as consumers are becoming increasingly aware of the ill-effects of the usage of artificial ingredients.

The food and beverages industry has grown rapidly due to the increase in the disposable income in developing countries, and gave the opportunity to large multinationals and nationwide food chains to take advantage of untapped markets.

The global food and beverage industry have seen significant growth in excess of 5% over the last ten years, and this trend is projected to continue, with an average annual growth of the industry is estimated to be 7.0%. Asia Pacific is expected to grow with the highest CAGR 9.0 % up to 2025.

The industry is characterized by the changing consumer demands and evolving tastes and is in constant search for innovation in packaging and production for convenience foods, snacks, frozen & packaged meals, and processed meat and fish. Changing food habits, lifestyle changes, global travel, and the ongoing trend of healthy foods and best food ingredients, are offering plentiful opportunities to the food and beverage industry to satisfy customers seeking unique experiences.

The industry faces the challenge of meeting health and safety issues and the fast changing interests and demands of the consumers.

The food and beverages industry is seeing shifts in terms of consumer attitudes, health awareness and costs of production. The Southeast Asian market, particularly those in India, Korea and China, for processed and ready to eat foods hold growth potential, as the number of working middle class Asians increases.

The food and beverage industry has a diversified landscape which includes the transformation and selling of food. The storage and logistic is a key consideration, since the products have varying requirements related to packaging, hygiene and temperature.

The food and beverages industry sets trends in terms of product innovation and novel packaging that impacts several ancillary industries.

Processed foods, packaged foods, and ready-to-go meals are becoming common to serve the changing lifestyle in emerging economies. Demand for special foods such as gluten free foods and lactose free foods are revving up growth of the food and beverage industry. Diabetic food, food for lactating mothers, and iron fortified food are some other special foods that serves to boost the food and beverage industry.

The launch of cost-effective and energy efficient equipment have modernized processes in the food and beverage industry.

Our analysis of the various food and beverage segments can help clients to better understand market trends, and formulate strategies to capture opportunities.

The research also addresses issues to improve the operational efficiency.

Our reports offer you a chance to keep yourself updated with the changing dynamics of the industry, including data on production, consumption, sales, trade and prices.

Food & Nutrition

The food market is highly competitive with multinational players such as PepsiCo, Nestlé, General Mills. and Kraft Foods Group. Facts and market data, are featuring rankings and company-related annual revenues, sales distribution outlets, and employment trends.

Food & Nutrition provides facts and market data on the food industry: Milk & Dairy Products, Fish & Meat, Fruit & Vegetables, Bread, Organic & Health Food, Convenience & Frozen Food, Dietary Supplements, Sweets & Snacks, Condiments & Seasoning and Eating Behaviour.

With regard to wider consumer behaviour, statistics on grocery expenditure, reveal which brands consumers prefer and how often shop for a product.

Convenience Frozen Food Market

The industry is driven by the convenience and experience it can offer to end users.

Factors such as rising population and increasing disposable income affect market dynamics for convenience frozen foods, which are in demand due to increased shelf -life without altering its taste, flavour and nutritional qualities.

Changing consumer lifestyles, with an increase in the number of working women is also driving the growth of the frozen food market.

The convenience frozen food market, includes various frozen products such as vegetables, baked goods, meat and ready meals, fish, frozen pizza, frozen desserts, snacks and pasta.

As a result, the frozen food market is expected to witness substantial growth in future, and various opportunities will emerge in the interrelated markets such as food packaging and food processing market.

Food Ingredients

The expectations of today’s health-conscious consumers will drive the food ingredients market in the future.

Manufacturers are increasingly inclined toward innovation with more focus on natural and functional ingredients. Some of the most popular functional ingredients include omega-3 fatty acids, carotenoids, probiotics, amino acids, plant extracts, vitamins, and minerals, which have found applications in dairy products, health drinks, nutrition bars, breakfast cereals, mineral supplements, and weight-loss products.

Non-alcoholic Beverages

The latest trends reveal that many companies are trying to diversify their product portfolio in the direction of healthier options such as bottled water to counteract the growing public health concern around the high sugar content of soft beverages.

The concept of smaller cans and bottles and the growing consumption of energy drinks, water, fruit beverages and sports drinks are some of the important trends that will drive the market in the future.

Hot beverages range from coffee, tea and hot chocolate, and soft carbonated drinks, covering drinks containing water, sugar or a type of artificial sweetener, and a flavouring agent are also on the rise.

Alcoholic Beverages

Alcoholic Beverages provides facts and market data on beverages containing alcohol - beer, wine & Champagne, and spirits.

The industry is characterized by companies such as AB InBev, Heineken, Molson-Coors, Brown-Forman and Diageo.

Emerging business trends are the growth of microbreweries and wineries and flavoured spirits innovations.

Food Processing Equipment and Technology

The demand for food & beverage processing equipment is growing owing to the increasing consumption of food products such as meat, bakery; confectionery, prepared food, and convenience food.

The food and beverage processing equipment market includes pre-processing and processing equipment. Pre-processing equipment include sorting, grading, cutting, slicing, peeling, washing, blending, and mixing equipment. Processing equipment include forming, extruding, coating, drying, pressing, filtering, homogenizing, and thermal equipment.

New technologies such as non-thermal processing technologies (High Pressure Processing, Pulsed-Electric Field, Ultrasonic, Irradiation, and Cold Plasma are still at the development stage) are gaining popularity in the manufacturing processes to reduce production time, food wastage and overall cost of production.

Other technologies gaining ground among the food processors, include microencapsulation, aseptic packaging, food & beverage disinfection, food safety testing technologies, and spray drying.

Food Testing Services and Food Logistics

Due to rise in consumer awareness and the implementation of food safety regulations, and advancements in food technology, food safety testing services have been increasing, by adopting rapid test technologies in the food safety testing and authenticity testing market.

Polymerase Chain Reaction (PCR), which provides quick results, and aids the decision-making process for decisions for product recalls, is the dominant rapid test technology applied in food testing, and demand is projected to grow at a significant rate in the next five years.

As the consumption patterns of perishable foods such as fruits & vegetables, meat, fish & seafood, bakery and dairy foods are changing, demand for refrigerated transport and warehousing facilities will increase. Government funding and initiatives in various countries to reduce food loss is providing opportunity for the innovation in the food logistics industry. Advancements in refrigerated systems and equipment and transport technology have resulted in improved food safety, reduced food waste, reduction in energy consumption, and reduction in environmental impact.

Pets & Animal Supplies

The market for animal supplies is including, pet food, pet care products, toys for pets, pet furniture, collars, bowls and feeders. Animals, which are mainly kept as pets, include dogs, cats, fish, hamsters, guinea pigs, and reptiles.

Tobacco

The tobacco industry has been under ongoing extreme scrutiny. Led by the anti-smoking campaign, a wide range of laws and regulations have been implemented. Leading key players includes Philip Morris International, British American Tobacco, Imperial Tobacco, Japan Tobacco International.