Euro Food Market Analysis and Reports | Spain Conference Series

Market Analysis - Euro Food 2024

Market Analysis

The global food and beverages market is expected to grow from $5,817.4 billion in 2021 to $6,383.49 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The market is expected to grow to $8,905.5 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%.. Food and beverages means any raw, cooked, or processed edible substance used or intended for use in whole or in part for human consumption, including ice, water, spirituous liquors, wine, mixed beverages, beer, soft drinks, soda, and other beverages. For more information about Food & Beverages Conferences market is available at Euro Food 2023.

Food & Beverages is basic for human life, prosperity, and improvement throughout the entire life varies. Amazing prosperity is important to continue with a useful life. Nutrition prompts a Healthy life-style. Nutritional food and Health are powerfully basic slant for folk’s way and wide. Nutrition is bit by bit upset concerning metabolic ways and process framework, the solicitation of chemistry stages through that substance in living creature’s amendment starting with one then onto the next structure. Throughout the last ten to fifteen years, deals within the worldwide Nutrition supplements market have seen an outstanding spike. This has empowered various new players to venture into the business with items that guarantee to be the remedy for youth, wellbeing, and essentialness. As indicated by the appraisals of the Nutrition Business Journal report, the worldwide Nutrition and supplements market remained at US$96 billion starting 2012. After a year, it had been around US$104 billion all-inclusive.

Forecasts for subsequent 10-years:

The theme of our conference is “unlock your potential with knowledge on food and nutrition”. The wholesome investigation market is assessed to be esteemed at USD 4.04 Billion of each 2017, and is extended to succeed in USD 5.99 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. Sustenance investigation alludes to the way toward deciding the dietary substance of food. The dietary investigation includes two alternative ways to determine the wholesome substance of a food test; synthetically, and by count. The dietary investigation has been expanding within the worldwide market due to the ascent in shopper mindfulness, execution of sanitation and healthful naming guidelines, globalization of food exchange, and advancement in innovation.

The food and beverages market consists of sales of beverages, food, pet food and tobacco products by entities (organizations, sole traders and partnerships) that produce beverages, food, pet food and tobacco products. The companies in the food and beverages industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both individual customers and commercial establishments.

According to MarketLine, the world fruit and vegetables market is predicted to reach in excess of $736 billion by the end of 2015, which will record a massive 25% growth by the end of 2018. Vegetables lead the segment at almost 64%. The Asia-Pacific region accounts for over 45% of the overall market. Meat leads the segment at over 40% of overall market value. The EU holds close to 38% of the market. Brazil Foods is the world leader in the frozen foods market, accounting for 5% of overall market share. According to Global Industry Analysts, the world market for muscle food packaging, which encompasses meat, seafood and poultry packaging is expected to exceed $31 billion by 2017. Technological advances, better packaging practices and packaging facilitating smaller portions are fueling the market.

Worldwide

Revenue in the Food & Beverages segment amounts to US$65,495m in 2019. Revenue is expected to show an annual growth rate (CAGR 2019-2023) of 10.3%, resulting in a market volume of US$97,087m by 2023. User penetration is 20.8% in 2019 and is expected to hit 28.8% by 2023. The average revenue per user (ARPU) currently amounts to US$42.71. In global comparison, most revenue is generated in China (US$22,102m in 2019).

Europe

  • Revenue in the Food market amounts to US$973,282m in 2019. The market is expected to grow annually by 2.3% (CAGR 2019-2023).
  • The market's largest segment is the segment Milk Products with a market volume of US$207,647m in 2019.
  • In global comparison, most revenue is generated in the United States (US$683,086m in 2019).
  • In relation to total population figures, per person revenues of US$1,147.35 are generated in 2019.
  • The average per capita consumption stands at 284.1 kg in 2019.

Asia

  • Revenue in the Food market amounts to US$1,368,928m in 2019. The market is expected to grow annually by 5.0% (CAGR 2019-2023).
  • The market's largest segment is the segment Pasta & Rice with a market volume of US$260,901m in 2019.
  • In global comparison, most revenue is generated in the United States (US$683,086m in 2019).
  • In relation to total population figures, per person revenues of US$313.98 are generated in 2019.
  • The average per capita consumption stands at 153.8 kg in 2019.

USA

  • Revenue in the Food market amounts to US$1,041,509m in 2019. The market is expected to grow annually by 3.0% (CAGR 2019-2023).
  • The market's largest segment is the segment Meat Products & Sausages with a market volume of US$199,962m in 2019.
  • In global comparison, most revenue is generated in the United States (US$683,086m in 2019).
  • In relation to total population figures, per person revenues of US$1,064.14 are generated in 2019.
  • The average per capita consumption stands at 254.6 kg in 2022.

Importance & Scope:

By Type - The food and beverages market is segmented into meat, poultry and seafood, bakery & confectionary, alcoholic – beverages, dairy, tobacco products, non-alcoholic – beverages, frozen and fruit & veg, syrup, seasoning, oils, & general food, grain products, and pet food. Among these segments, the meat, poultry and seafood market accounts for the largest share in the global food and beverages market.

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 is the part of FAB industry.

By Geography - The global food and beverages is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific food and beverages market accounts the largest share in the global food and beverages market.

Trends In The Food And Beverages Market

Shift to natural ingredients, functional drinks for hydration and nutritional benefits and rise in micro distilled/artisan spirits are the major trends witnessed in the global food and beverages market.

Potential Opportunities In The Food And Beverages Market

With increasing organic food consumption, increase in demand for food and beverages due to rapid urbanization, positive economic growth outlook in many developed and developing countries, rising disposable income the scope and potential for the global food and beverages market is expected to significantly rise in the forecast period.

Target Audience:

  • Food Science
  • Biotechnologist
  • Microbiologists
  • Food Technicians
  • Academicians
  • Professors (Food Science)
  • Researchers (Doctorates)
  • Students (Post graduates)
  • Food & Beverages Industries
  • Private sectors
  • Food Microbiology Societies
  • Food Microbiology Associations

Individuals involved in Food Microbiology, Biotechnology, Nanotechnology and Food related matters.

Major players in the food industry include

Related Associations and Societies: