The Global food and beverages market size was valued at USD 159.5 billion in 2023. It is likely to grow up to USD 189.4 billion by 2030 at a CAGR of 9.4% during the forecast period ranging between 2025 and 2030.
Processing of food, packaging and distributing edible food and drinks are the jobs involved in food and beverages industry. There has been a notable development in the industry due to rapid tech developments and automation. The food and beverage industry caters to the need of consumers as well as businesses worldwide including restaurants, retail and more. Growing awareness of people regarding the health benefits of these food products and need for sustainability on food products and diets also propels the market growth. Innovations and development in food technology, sustainable sourcing and packaging of food, use digital tools to personalize food experiences, supply chain upgrade, and need to meet environmental standards further fuel the market growth. However, Supply chain issues and disruptions pose major challenge to the global food and beverage market. With unstable supply of raw materials, production is hampered and delayed. This raises the cost of production,
Browse market data Tables and Figures spread through 135 Pages and in-depth TOC on Global Food and Beverages Market By Nature (Organic and Conventional), By Type (Alcoholic, Non-Alcoholic, Grain, Frozen, Canned, Bakery, Confectionery, Dairy, Meat, Seafood, and Poultry products), By Distribution Channels (Supermarkets, Hypermarkets, E-Commerce, Convenience Stores and Direct-To-Consumer, and other subsections), and By Geography (North America, Europe, Asia Pacific and Rest of the World) - Forecast from 2025 to 2030.
Segment / Key Players |
Categorization |
Nature |
Organic and Conventional |
Type |
Alcoholic, Non-Alcoholic, Grain, Frozen, Canned, Bakery, Confectionery, Dairy, Meat, Seafood, and Poultry products |
Distribution Channels |
Supermarkets, Hypermarkets, E-Commerce, Convenience Stores and Direct-To-Consumer, and other subsections |
Key Players |
Nestle, PepsiCo, Tyson Foods, Kraft Heinz, Coca-Cola, Unilever |
By nature, organic dominate the global food and beverages market.
The the organic segment leads the market due to growing helath awareness among customers during the forecast period.
"North America dominates the global food and beverages market."
North America led the market due to risiing awareness and demand for healthy food by people to promote their wellbeing.
Some of the key players in this market are Nestle, PepsiCo, Tyson Foods, Kraft Heinz, Coca-Cola, Unilever
The Global Food and Beverages Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.
Global Food and Beverages Market coverage (By Value)
Geographical Segmentation
Global Food and Beverages Market by Region