The global food & beverage industry was growing with a modest growth rate all across the globe. The food & beverage industry includes the companies working in processing raw food materials, packaging, and distribution of food along with alcoholic and non-alcoholic beverages. The increase in the number of on the go consumers and rising adoption of ready to eat food is some of the major factors for the growth of the food and beverage industry globally. Moreover, increasing population and per capita income and changing lifestyles were other factors augmenting the industry. Moreover, increasing meat & alcohol consumption, development of food supply chain are some contributing to the growth of the industry.
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OMR global recently published a report addressing the impact of COVID-19 on the global food & beverage industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Different approaches have been worked on to derive the industry value and industry growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior, and macro-economic factors. The report includes analysis of different regions and countries and the effect of COVID-19 on the food and beverage industry of each respective region. Primary research has been conducted to refine the available data. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.
A Full Report of Global Food & Beverages Industry Market is Available at: https://www.omrglobal.com/industry-reports/food-and-beverage-industry
The COVID-19 pandemic has severely impacted the food and beverage industry all across the globe. Though there was panic buying during the early lockdown, some disruption in the logistic has been observed due to a shortage of labor forces as lockdown introduced in many countries. Moreover, the shutdown of hotels, restaurants, and tourism sector has decreased the demand for food and beverage significantly in the first half of 2020 all across the globe. Besides, an upsurge in unemployment can be witnessed globally, which is further expected to reduce the consumption of food and beverages.
The industry report is bifurcated into food and beverage segments. The food segment is further divided into wheat, coarse grain, rice, oilcrops, sugar, meat & meat products, milk and milk products, fishery products whereas the beverage segment is further divided into alcoholic beverages, carbonated soft drinks, dairy products, bottled water, and non-carbonated drinks. The whole food and beverage industry is impacted however the industry of meat, fisheries and its products has plummeted significantly. Moreover, alcoholic beverages, carbonated soft drinks, and milk demand have been also decreased significantly due to reduced consumption at restaurants and tourist places.
Global Food & Beverages Industry Market– Segmentation
By Mode of Transportation
• Road
• Sea
• Rail
• Air
By Application
• Food and Beverages
• Chemical
• Pharmaceutical
• Others
Global Food & Beverages Industry Market – Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• PepsiCo Inc.
• The Coca-Cola Co.
• Nestlé S.A.
• Groupe Lactalis
• Danone S.A.
• Heineken Holding N.V.
• Anheuser-Busch InBev
• The Kraft Heinz Co.
• Mondelez International, Inc.
• Diageo plc
• The Archer Daniels Midland Co.
• JBS S.A.
• Wilmar International Ltd.
• Tyson Foods, Inc.
• Bunge Ltd.
Market Overview and Insights
• Scope of the Report
• Analyst Insight & Current Market Trends
• Key Findings
• Recommendations
• Conclusion
• Government support/bailout packages for the Food & Beverages industry
• Supply & Demand Analysis
Industry Overview
• Historical market growth estimation in food & beverages industry pre-COVID-19 pandemic effect
• Deviations in the food & beverages industry growth rate due to COVID-19 pandemic
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