Food And Beverages Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | The Walt Disney Company, WARNER BROS. DISCOVERY, INC, Comcast Corporation, Paramount Global, Vivendi SA

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Food And Beverages Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The food & beverages e-commerce market size has grown exponentially in recent years. It will grow from $69.77 billion in 2023 to $85.25 billion in 2024 at a compound annual growth rate (CAGR) of 22.2%. The growth in the historic period can be attributed to increase in clean-label, organic, and non-gmo products, rise in alcohol consumption, increased pet ownership by gen z and gen y adults, strong economic growth in emerging markets, influence of increased demand for processed foods, rise in awareness of benefits of organic products, and growing number of health-conscious consumers.

The food & beverages e-commerce market size is expected to see exponential growth in the next few years. It will grow to $180.77 billion in 2028 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to rising penetration of organized retail, increasing demand for ready to eat products, faster economic growth and rise in global population. Major trends in the forecast period include focus on using natural ingredients in their products to address health-related concerns of consumers, focus on offering functional beverages for hydration and nutritional benefits, focus on micro-distilled/artisan spirits to cater to the growing demand, focus on high-pressure pasteurization techniques to preserve nutrients and eliminate harmful microorganisms, focus on offering clean label products in response to the growing awareness of healthy food, focus on adopting robotics and automation technology to maximize production efficiency, focus on using innovative filter technologies to reduce toxicants in cigarettes and enhance the smoking experience, focus on offering the products on e-commerce platforms, and focus on using artisanal cooking methods for making food and beverages..

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Key Market Players:

Major companies operating in the film and video market report are The Walt Disney Company, WARNER BROS. DISCOVERY, INC, Comcast Corporation, Paramount Global, Vivendi SA, Sony Corporation, Financière de l'Odet, ITV Plc, Lions Gate Entertainment, FUJI MEDIA HOLDINGS INC, CCCFilms, Nice Films, Luminary Visuals, Redgate Rentals China, Teneighty Productions Limited, BrickLayer Productions, Shanghai Film Group, Changchun Film Group, Huaxia Film Distribution Company Ltd, DMG Entertainment, Bona Film Group, Huayi Brothers Media Group, Yash Raj Films, UTV Motion Pictures limited, Eros International, Dharma Productions, Red Chilies Entertainment, Vinod Chopra Productions private limited, Rajshri Productions, Balaji Motion Pictures, Mozmene, Gaofeng Creative, SomniumFilm, BluBlu Studios, iFiLM France, Renata Pepper, Froggie Production, SHOTZ PRODUCTION, Watchmen Production, Television Interactive Network Agency, ROCC Film Berlin, Aardman Animation, Baby Cow Productions, Ninjapromo, Magneto Films, Bohemian Pictures, Barrandov Studio, Starlite Pictures, Andy Fiord Production, Saint Petersburg Production Team, Family Film Romania, Mbrella Films, Insight Film Studios, Blueprint Entertainment, Muse Entertainment, Maple Pictures, Alliance Films, Seville Pictures, TVA Films, Columbia Pictures, Universal Pictures, 20th Century Fox, Amblin Partners, STX Entertainment, DreamWorks Pictures, Metro-Goldwyn Mayer(MGM), ViacomCBS, Digital FX, Beel Films, Story Productions, 80 Days Films Argentina, 7 Seas Production, Five Corners Film & Video LLC, Vandalo, Altana Films, Jacaranda Films, Doleep Studios, TheCompanyFilms, Zaini Media, Film District Dubai, Four Quadrant Films, Nice Software Solutions Pvt Ltd, Street Inc, AFLAM Productions, Play Media Productions, ALMONTAGE, Miraj Media, The Idea Factory Films, Insight Studios, Silver Grey Picture and Sound, Dunia Production, Silvergreen Productions, Team Trust Productions, Crow Productions, Hive Studio, Beverly Boy Productions, MASR media production, Birthmark Films, Rock Media Production, Icon Studio, Kennysoft Studios, Eaxum, Film Factory, Mixit Creative Media, Astral Studios, Six Degrees Productions, Agent Orange Design, MAGNETIC Global, MajestiX Studio, Red Rabbit Media, The Gate Films, Blink Tower, Incubate Video Productions, Black Light Productions

Market Drivers:

Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for food and beverage companies. For instance, in November 2022, according to the report Frontline, an India-based national magazine on agriculture, the bailout package of Rs 7000 crore, announced by the Cabinet Committee on Economic Affairs, for farmers involved in the sugar production sectors to fix the minimum selling price of refined sugar of Rs 29 per kilogram (prices dropped to Rs 23-24 recently due to overproduction and to create a buffer stock of 3 million tons of sugar for one year. Thus, the overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable food and beverage companies to increase their productivity and drive the market going forward.

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The food and beverages market covered in this report is segmented -

1) By Type: Alcoholic - Beverages, Non-Alcoholic - Beverages, Grain Products, Bakery And Confectionery, Frozen, Other Foods Products
2) By Nature: Organic, Conventional
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Channels

Sub segments: Beer (Breweries), Wine And Brandy (Wineries), Spirits (Distilleries), Coffee And Tea, Soft Drink And Ice, Flour, Rice And Malt, Other Grain Products, Sugar And Confectionery Products, Cookie, Cracker, Pasta And Tortilla, Bread And Bakery Products, Breakfast Cereal, Frozen Food, Canned, And Ambient Food, Milk And Butter, Ice Cream And Frozen Dessert, Cheese, Dry, Condensed, And Evaporated Dairy Products, Meat Products, Poultry, Seafood, Fats And Oils, Seasoning And Dressing, Flavouring Syrup And Concentrate, Animal Food, Pet Food, Cigarettes, Cigars And Cigarillos, Smoking And Other Tobacco Products, Perishable Prepared Food, Snack Food, All Other Miscellaneous Food

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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