The Business Research Company’s global food and beverages market analysis covers the year-on-year growth of the global food and beverages market historic and forecast growth. It also includes chapters on the food and beverages market trends, geographical analysis, and competitive landscape.
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The global food and beverages market is forecast to grow at a CAGR (compound annual growth rate) of around 7.5% by 2020.
Food And Beverages Market Segmentation
According to TBRC’s global food and beverages market research, the market is split by segments into. Alcoholic Beverages, Non Alcoholic Beverages, Grain Products, Bakery & Confectionary, Frozen And Fruit & Veg, Diary, Meat, Poultry And Sea Food, Syrup, Seasoning, Oils, & General Food, Pet Food, and Tobacco Products.
Meat, Poultry And Seafood was the largest segment in the market at 22.4% of the market. This was due to the presence of a large number of meat processing companies catering to a large B2B and B2C customer base in both developed and developing countries.
Bakery & Confectionary was the second largest segment in the market. This segment includes establishments producing bakery products and confectionary items
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Tobacco Products had the smallest CAGR of 1.7% during 2013-2017; this segment is expected to grow at a CAGR of 2.1% during 2017-2021. This slight growth can be attributed to stringent regulations on tobacco products, growing awareness on ill effects of tobacco consumption on human health and increase in the taxes levied by many state and national governments.
The global food and beverage market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global Alcoholic Beverages, Non Alcoholic Beverages, Grain Products, Bakery & Confectionary, Frozen And Fruit & Veg, Diary, Meat, Poultry And Sea Food, Syrup, Seasoning, Oils, & General Food, Pet Food, and Tobacco Products market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Philip Morris International Inc, PepsiCo, Nestle SA, JBS S.A. and Anheuser Busch InBev.
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