Global perspective of the F&B market

A GROWING number of manufacturers are reducing their use of artificial colors and flavors and are shifting to natural ingredients. This key trend which continues to set the tone for forthcoming product formulations and innovations, is underscored in Food and Beverages Market Global Briefing 2018.

The report from ResearchAndMarkets provides strategists, marketers and senior management with information to assess the global food and beverages sector. It makes references to leading F&B companies including Nestlé, Mondelez, Kraft Heinz Company, and Anheuser Busch InBev, to name a few.

The global food and beverage market reached an estimated $5,650 billion in 2017, as noted in this report. The market segments are alcoholic - beverages, non-alcoholic beverages, pet food, tobacco, grain products, meat, poultry and seafood, fruit and vegetable canning, pickling, and drying, frozen food, and dairy. 

The industry comprises 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.