The Business Research Company’s Food And Beverages Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Food And Beverages Global Market Report 2023 evaluates food and beverages market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global food and beverages market is expected to grow from $8,638.2 billion in 2025, and $11,979.9 billion in 2030.
The increase in the demand for immunity boosting foods and beverages due to the outbreak of Coronavirus disease (COVID-19)?is likely increase the demand for organic foods, and functional beverages. COVID?19?is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread?globally including Western Europe, North America and Asia. Consumers have become more conscious about improving their immunity due to this pandemic and it is expected to have an unprecedented demand for established immunity-boosting products because of the growing importance on preventive healthcare, particularly with personal hygiene in the minds of consumers. For instance, according to the Food Safety and Standards Authority of India, the sales of immunity-boosting foods have increased up by an estimated 20-40% since the initiation of lockdown due the pandemic in the country. Thus, the rising concern in the minds of consumers regarding COVID-19 are expected to the increase the need for more preventive healthcare products to boost their immunity, thereby driving the growth of functional beverages market.
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The food and beverages market segments in the report are:
1) By Type: Alcoholic – Beverages, Non-Alcoholic – Beverages; Grain Products; Bakery And Confectionery; Frozen, Canned And Dried Food; Dairy Food; Meat, Poultry And Seafood; Syrup, Seasoning, Oils And General Food; Animal And Pet Food; Tobacco Products; Other Foods Products
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Other Channels
3) By Nature: Organic; Conventional
The table of contents in TBRC’s food and beverages market report includes:
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