Global Food And Beverages Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Food And Beverages Market Report by The Business Research Company covers food and beverages market drivers and restraints, food and beverages market size, major players, and the impact of COVID-19 on the food and beverages market.
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.
Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve yield and quality of frozen foods. The global food and beverages market is expected to grow from $5.83 trillion in 2020 to $6.19 trillion 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 $8.16 trillion in 2025 at a CAGR of 7%.
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Some food and beverages market trends include manufacturers 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.
Global food and beverages market segments include:
1) By Type: Alcoholic – Beverages, Non-Alcoholic – Beverages, Grain Products, Bakery & Confectionary, Other Foods Products, Frozen And Fruit & Veg, 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.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia-Pacific accounts for the largest global food and beverages market share.
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The Food And Beverages Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides food and beverages market overviews, analyses and forecasts market size, share, food and beverages market players, food and beverages market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The food and beverages market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Food And Beverages Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Nestle S.A, Philip Morris International Inc, PepsiCo, JBS S.A., Anheuser Busch InBev.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Food And Beverages Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Food And Beverages Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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