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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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.

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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.

The novel COVID-19 has impacted the food & beverage industry in all regions including North America, Europe, Asia-Pacific, and the Rest of the World. The US is the most affected country due to COVID-19, whereas Italy, Spain, Germany, France, and UK

have been affected in Europe. Now, in May 2020 the governments in the countries are introducing new guidelines to operate public places which include maintaining social distancing and regular sanitization. The new cases related to COVID-19 in China, Japan, and South Korea have reduced significantly and the food and beverage industry is increasing again under strict surveillance in these countries. However, in developing economies such as India, Brazil, Mexico, Indonesia, the cases related to COVID-19 are continuously increasing and causing logistic problems to the food industry.

The prominent players operating in the global food & beverage industry include The Coca-Cola Co., PepsiCo Inc., Anheuser-Busch InBev, Bunge Ltd., Heineken Holding N.V., JBS S.A., Nestlé S.A., The Coca-Cola Co., Tyson Foods, Inc., Wilmar International Ltd. among others. Due to the outbreak of the pandemic coronavirus, these companies are largely affected. For instance, many countries all across the globe have banned the selling of alcohol during the lockdown. It includes South Africa, India, Greenland, Aisne in France, and Thailand.

Segmentation

Food
Wheat
Coarse Grain
Rice
Oilcrops
Sugar
Meat & meat products
Milk and milk products
Fishery products
Beverages
Alcoholic Beverages
Carbonated Soft Drink
Dairy products
Bottled Water
Non-Carbonated Drinks (Fruit Juice, Nectars, Coffee, Tea)
Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
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.
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