This report analyses the performance of the food, beverages and tobacco industry globally and in the main markets. It examines data for production, market size, exports, imports, the main market players and number of companies. The briefing outlines the key trends shaping the industry and its future outlook, covering such aspects as costs, longlisting, legislation, commodities and ingredients.
This report comes in PPT.
The war in Ukraine has led to global political and economical instability, putting food supply under threat due to increasing energy and raw material costs, ingredient shortages and disrupted supply chains. Consumer are also seeing decreases in disposable incomes.
Increasing health concerns among consumers around the world are increasing demand for healthy foods and beverages with functional ingredients. Reflecting health concerns, plant-based diets are a fast-growing trend in developed countries. This is negatively impacting meat producers.
Sustainability, and specifically food production’s impact on the global climate, is rising in importance. Clear food labelling is increasingly important, as consumers are looking to identify environmentally sustainable products and want to know where their food is coming from. This trend is, however, largely confined to developed Western markets. Meanwhile, climate change is impacting harvests and increasing the risk of commodities being depleted.
Fast-paced lifestyles are the main driver behind rising demand for ready meals, a category that is set to record one of the highest increases among food and beverage producing industries over the forecast period. A growing range of such products are catering to the trend for healthy foods.
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