The food and beverages industry comprise establishments engaged in manufacturing beverages, food, pet food and tobacco products. The companies in the food and beverages industry process raw materials into food products, package and distribute them through various distribution channels to both individual customers and commercial establishments.
The top five companies covered are Philip Morris International Inc, PepsiCo, Nestle SA, JBS S.A. and Anheuser Busch InBev. Nestlé SA was the largest company in the food and beverages market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global food and beverages market was valued at $5.6 trillion in 2017. Asia Pacific was the largest region in the food and beverages market in 2017, accounting for under 35% market share. The USA was the largest country in the market in 2017, accounting for above 17% market share.
Many manufacturers and producers are increasingly using natural ingredients and have also reduced the use of artificial colors and flavors. Health concerns of consumers is increasing the sales of products with natural ingredients, additives and coloring agents.
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