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Food And Beverage Products Global Market Briefing 2016

  • April 2016
  • -
  • TBRC Business Research
  • -
  • 24 pages

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The companies and manufacturers in the food and beverages industry process food raw materials into food products, package and distribute them through various distribution channels to reach end consumers. The end products of the food and beverages processing industry are classified into four main categories: beverages, food, pet food and tobacco.
The total value of ¬the food and beverages sector globally in 2015 was $XX billion. Related to a world population of more than XX billion in 2015 this equates to about $XX per person globally. Given that World Domestic Product was approximately $XX trillion in 2015, the food and beverages processing market makes up about XX% of the global economy.
Emerging market governments are supporting their domestic machinery manufacturing industries to meet their domestic demand for capital equipment. This form of import substitution is a potential threat to the existing industry in countries such as Germany that have relied on the reputation of their home production for export sales. During the past decade, there has been a rapid increase in the health concerns of general consumers leading to increased sales of products such as organic food, gluten-free food, functional food and products with natural ingredients. Many manufacturers and producers have shifted to using natural ingredients and have also reduced the use of artificial colors and flavors due to these rising health concerns.

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