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Food And Beverages Global Market Report 2022-2031 | Market Demand, Scope, Overview And Top Key Players Nestle S.A., PepsiCo, Inc., Anheuser-Busch InBev sa/nv, Tyson Foods Inc, Wilmar International Ltd

Food And Beverages Market

Food And Beverages Market

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The global food and beverages market report by the business research company identifies increasing 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. 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.

The global food and beverages market reached a value of nearly $5,943.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.7% since 2015. The market is expected to grow at a CAGR of 6.1% from 2019 and reach $7,525.7 billion in 2023. The market is expected to reach $8,638.2 billion in 2025, and $11,979.9 billion in 2030.

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Asia Pacific was the largest region in the global food and beverages market, accounting for 42.0% of the total in 2019. It was followed by North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the food and beverages market will be Asia-Pacific, and South America, where growth will be at CAGRs of 8.2% and 6.9% respectively. These will be followed by the Middle East, and Eastern Europe, where the markets are expected to grow at CAGRs of 6.4% and 5.9% respectively.

Major players in the food and beverages market are Nestle S.A., PepsiCo, Inc., Anheuser-Busch InBev sa/nv, Tyson Foods Inc, Wilmar International Ltd

The global Food and beverages market is segmented -
1) By Type: Alcoholic Beverages, Non Alcoholic-Beverages, Grain Products, Bakery And Confectionery
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Food Service Stores, E-Commerce

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The Food and beverages Market Report Contents Include
1.Food And Beverages Market Executive Summary
2.Table of Contents
3.List of Figures
4.List of Tables
5.Report Structure
………
28.Food And Beverages Market Opportunities And Strategies
29.Food And Beverages Market, Conclusions And Recommendations
30.Appendix

This 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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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 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.

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