Consumer products offered by the food and beverages industry comprise of broad range of products such as ready-to-eat and ready-to-cook foods, easy-to-cook foods, snacks, cereals, frozen foods, packaged foods and drinks, and canned foods. Over the years, remarkable changes in lifestyle, surge in disposable income, rapid growth in population, and shift in consumer food preferences have led to the growth of the market
Consumer products offered by the food and beverages industry comprise of broad range of products such as ready-to-eat and ready-to-cook foods, easy-to-cook foods, snacks, cereals, frozen foods, packaged foods and drinks, and canned foods. Over the years, remarkable changes in lifestyle, surge in disposable income, rapid growth in population, and shift in consumer food preferences have led to the growth of the market for these products. Increase in the use of e-commerce in the food and beverages industry is providing ample growth opportunities to the industry players. Rise in demand for gourmet food items and premium beverage products such as specialty tea & coffee, and premium juices are also supporting the growth of consumer food products industry. Enormous growth in snacking habits across the globe with the increase in the availability of a wide range of packaged food has propelled the growth of companies offerings chips, confectionary, yogurt, and other dairy products.
Volatile and diversified consumer demands and complex logistic processes are among the challenges faced by the consumer food and beverage product providers. Strict regulatory practices associated with the production of these products are limiting the industry growth. Further, consumer inclination toward healthy food products creates opportunities for the market players. These products include low-sugar, low-fat, low-calorie, high-fiber, clean label, and high-nutrient food. In the last few years, rise in demand for vegan and organic food has contributed significantly to the food and beverages industry. New-age food products such as gluten-free, whole wheat, protein-rich, multigrain, dairy-free, and low-carb are generating ample growth opportunities for companies in the consumer food products industry.
The food & beverages industry is a significant contributor to the world GDP. Increase in urbanization and income levels, mounting purchasing power of middle-class population, and growing acceptance for westernized culture are few of the leading factors contributing to the global food industry growth. Further, digital promotion and advertising platforms play a vital role in boosting the performance of the consumer food industry. Recent trends in attractive packaging made out of recycled materials helping companies to enhance their brand value. Tyson Foods, Inc.,, Nestlé S.A.,, The Kellogg Company, , General Mills Inc.,, Uniliver, Danone S.A., , The Hershey Company, Coca-Cola Co., PepsiCo Inc., Red Bull GmbH,., and Kraft Heinz Co are few of the leading companies offering consumer food & beverages products.
Trending Report Titles Related to Consumer Food and Beverages are as follows:
• Organic Snacks
• Snack Bar
• Packaged Snacks
• Baked Snacks
• Plant Based RTE Food
• Frozen Food
• Processed Fish Products
• Functional Food
• Gluten-Free Food and Beverages
• Energy Drinks
• Ready-to-Drink Cocktails
• Kombucha
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