Many
manufacturers and producers are increasingly using natural ingredients and have
also reduced the use of artificial colors and flavors. Health concerns of
consumers is increasing the sales of products with natural ingredients,
additives and coloring agents. For instance, Pizza Hut stopped using artificial
flavors and colors in its US stores in 2015.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL FOOD AND
BEVERAGES MARKET TO GROW TO $8 TRILLION BY 2021
Asia Pacific was the largest region in the food and beverages market in
2017, accounting for one-third of the market share. This was mainly due to the
presence of many food and beverage manufacturing companies catering to a large
population in countries such as China and India.
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at: https://www.thebusinessresearchcompany.com/report/food-and-beverages-global-market-report-2018
According
to The Business Research Company’s Consultant, Nitin Gianchandani, there has been an
increased demand for functional beverages with many individuals seeking drinks
to stay hydrated and to maintain nutritional balance. To capitalize on this
segment companies are introducing fortified beverages such as functional
juices, functional water with health benefits such as water balance, weight
management and improved digestion. Major companies offering functional drinks
are PepsiCo Inc., Maxinutrition, Glanbia, GNC Holdings, Clif Bar & Company,
The Coca-Cola Company, Nestle S.A, Red Bull GmbH, Dr Pepper Snapple Group Inc.,
and Groupe Danone.
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sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=333&type=smp
Nestlé S.A was the
largest player in the food and beverages market, with revenues of $90.8 billion
in 2016. Nestlé’s growth strategy aims at increasing revenues by introducing new
products in the ready to eat frozen breakfast segment. In 2015, the company
introduced new ranges of Lean Cuisine and Stouffer’s branded frozen ready to
eat breakfast under the banner Morning Collection. This range includes
varieties of English muffins, cooked oatmeal, sausage and egg scramble. This
strategy helped Nestle to compensate losses from the declined sales of other
frozen ready to eat foods.
The food
and beverages industry comprise establishments engaged in manufacturing
beverages, food, pet food and tobacco products. The companies in the food and
beverages industry process raw materials into food products, package and
distribute them through various distribution channels to both individual
customers and commercial establishments.
Food
And Beverages Global Market Report 2018 is a detailed report giving a
unique insight into this market. The report is priced at $8000 for an
individual user. To use across your office, the price is $12000 and $16000 if
you wish to use across a multinational company.
About The Business Research Company
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The
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excels in company, market and consumer research.
It
has research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
The
Business Research Company's management has more than 20 years of varied
business research experience. They have delivered hundreds of research projects
to the senior management of some of the world's largest organizations.
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