Food & Beverages Market Research Reports

Food and beverage industry provides the customers a full range of food products as well as he service related to them. They cater to the varied needs of the growing population. Except for the farmers who make their own living by eating what they grow, other people come under the scope of food industry. Is includes not only food production, but also its packaging and delivery to the retails and wholesalers.

Market is growing at a very fast rate and this has lead to huge increase in the demand for food and dairy products. The market is flooded with hygienic and healthy food beverages. This has given way to a new market when people can follow the trends and grab the opportunities of developing new clean-label products and such new ideas in the food segment. While the market value of such products is $19.7 billion in today’s date, it is expected to reach by 5.6% by the year 2020.

Certain products like dairy products and high nutrition products have a huge impact on the food industry as they are the prime selling products. Other factors which contribute to this industry are constantly increasing population and paralleled increase in their demand for healthy and hygienic food. Especially, products rich in proteins are sold extensively. In last year about 26.6 percent more beverages were sold overseas and about $12 billion food and beverages products were exported to US from other countries. The year 2014 saw many changes in the food import and export statistics. It was estimated that about 12% of raw milk was used up only in US. Thus the market analysis provides us with detailed report of the new trends going on in the market and gives us an insight about the further course of action.

 
Consumer packaged goods like beverages, cold drinks, beer and milk have been on high demand always and they are the top-selling products an all countries. In coming years the statistics are going to rise up drastically. It is estimated that the Compound Annual Growth currently is 15.0% per year which can increase in coming years. This might vary across various regions according to the population and demand. Consumers have changed their demands due to health reason.
 
This has given rise demand for natural soft drinks. While bottled and package juices are in high demand, other beverages like tea and sports drinks are struggling to survive in the market due to their less consumer demand. Newer food brands like Hector beverages have come up giving tough competition to earlier existing ones. The manufacturers are focusing more on make the package more attractive and easy to use so that they can stand still in the market. Companies are focusing more on the natural products as customers don’t think about money but the quality. Analysis on future demands says that beverages are going to increase their market value and demand. The sales figure might be different in coming years as the consumers demands are changing constantly with reference to health and other concerns.
 

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Latest News

18-Oct-2017 | Food & Beverages

Growing Travel Expedition and Changing Lifestyle Has Spurred the Growth of The Global Freeze Dried Food Market

Freeze drying is one of the dehydration process, which is otherwise called lyophilization. The benefit of freeze drying over other drying methods, for example, fluid bed drying and spray drying is that amid the freeze drying process, the food products are brought into contact with the cold temperature. This enables the sustenance to hold its regular properties, while in different methods, th ...

28-Jul-2016 | Food & Beverages

Mondelez to launch chocolates in China

Mondelez, maker of iconic brands like Cadbury and Nabisco, will start selling its Milka brand chocolate in China in September. Deerfield-based Mondelez already sells items from its biscuit and gum categories in China. Brands under those umbrellas include Oreo, Ritz and Trident.