The food & beverage industry has a unique role in expanding economic opportunity because it is universal to human life and health. Propelled by the increasing disposable income, the food & beverage sector has been witnessing a marked change in consumption pattern. The food and beverages industry is all companies involved in processing raw food materials, packaging, and distributing them. This includes fresh, prepared foods as well as packaged foods, and alcoholic and non-alcoholic beverages. Any product meant for human consumption, aside from pharmaceuticals, passes through this industry. This industry is very fragmented. The industry is so diverse, that no single company has enough large market share to influence the price levels. The Food and Beverage industry is fragmented. The production in this industry is divided among a few different companies, however, no single firm has large enough share of the market to be able to influence the industry's direction or price levels. Demographic shifts and consumer tastes are the prime demand drivers of the industry. And profitability drivers include good product mix, efficient operations, superior service, and effective marketing Food and Beverage Market is estimated to reach US $ 5,776 Billion by 2017. APAC has emerged as the region showing the most growth potential, driven by a growth in population and GDP in developing nations such as India and China. During 2012-2017, APAC is forecasted to witness the highest growth due to increasing urbanization, rising disposable income, expansion of stores, supporting economic factors, and availability of easy finance. A combination of factors such as rising population and consumer spending is seen to impact the market dynamics significantly. The leading companies in food and beverage industry are: • Molson Coors Brewing Company • Ben & Jerry's Homemade Inc • 7-Eleven Inc • Kendall-Jackson Wine Estates Ltd • Marathon Cheese Corporation • Merisant Company • Ahold USA Inc. • Agri-Mark Inc. • Newly Weds Foods Inc. • Ajinomoto Co Inc. Food and Beverage industry plays a vital role in the economic expansion and high standards of living. The sector has been experiencing notable change in the consumption pattern. Eventually, the industry is facing pressure of demand and supply to the changing trends. Decision databases profiles and research reports provide in-depth strategic insights on crucial categories like food industry, alcoholic beverages, alcoholic drink and baby food. We provide access to an exclusive collection of companies in the industry. Find the food and beverage industry’s market and industry analysis databases of the leading companies.
