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 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.
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 food and beverages market is segmented 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.
Alcoholic Beverages segment comprises companies that manufacture alcoholic beverages through the fermentation process and that produce distilled alcoholic beverages.
Non Alcoholic Beverages segment includes establishments manufacturing beverages that do not contain any alcohol, such as coffee, tea, soft drinks, bottled water and ice.
Grain Products segment includes establishments involved in milling flour meal from grains or vegetables, preparing flour mixes or doughs from flour, milling, cleaning and polishing rice and manufacturing malt from barley, rice and other grains.
Bakery & Confectionary segment includes establishments producing bakery products and confectionary items.
Frozen And Fruit & Veg segment includes establishments involved in manufacturing frozen food and canned fruits and vegetables. This market does not include unfrozen and unprocessed fruits and vegetables, which is part of the agriculture market.
Dairy segment includes establishments involved in manufacturing dairy products from raw milk and processed milk products, manufacturing dry, condensed, concentrated and evaporated dairy, and producing some dairy substitute products.
Meat, Poultry And Seafood segment includes establishments involved in animal slaughtering and processing, poultry processing and seafood product preparation and packaging.
Syrup, Seasoning, Oils, & General Food segment comprises companies manufacturing syrup, seasoning, vegetable oils and general food products.
Pet Food segment includes establishments manufacturing dog food, cat food and other animal food. Other animal food products include cattle, livestock and poultry feeds. This market also includes companies manufacturing swine feed, fish food and turkey feed.
Tobacco Products segment comprises establishments carrying out stemming and redrying of tobacco and companies manufacturing cigarettes and other tobacco products.