Food And Beverages Market Prominent Growth And Striking Opportunities During 2020-2023

The Business Research Company offers " Food And Beverages Global Market Report 2020-30: Covid 19 Impact and Recovery " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global food and beverages market is expected to grow from $5943.8 billion in 2019 to $6111.1 billion in 2020 at a compound annual growth rate (CAGR) of 2.9%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $7527.5 billion in 2023.

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The food and beverages market consists of sales of beverages, food, pet food and tobacco products by entities (organizations, sole traders and partnerships) that produce beverages, food, pet food and tobacco products. The companies in the food and beverages industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both individual customers and commercial establishments.

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. For instance, Pizza Hut stopped using artificial flavors and colors in its US stores in 2015.

Food And Beverages Market Segmentation: -
By Type
1. Alcoholic - Beverages
2. Non Alcoholic - Beverages
3. Grain Products
4. Bakery & Confectionary

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By Nature
1. Organic
2. Conventional

Few Points From Table Of Content:
1. Executive Summary
2. Report Structure
3. Food And Beverages Market Characteristics
4. Food And Beverages Market Product Analysis
5. Food And Beverages Market Supply Chain
...........
20. Food And Beverages Market Competitive Landscape
21. Key Mergers And Acquisitions In The Food And Beverages Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the food and beverages market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the food and beverages market are Nestle S.A; Philip Morris International Inc; PepsiCo; JBS S.A.; Anheuser Busch InBev

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.