The Global Food & Beverages Industry Outlook for 2029 is set to furnish projections on the food & beverages industry's performance, encompassing major trends such as Functional, Healthy and Clean Label Ingredients, Food Safety and Security, Advanced Food Processing Technologies, Food Automation and Industry 5.0, Personalized Nutrition, and Sustainability and Ethical Sourcing. To achieve this, the report will analyze the industry's 2024 performance in comparison to 2023, highlighting pivotal developments in the food & beverages landscape during 2024. Furthermore, it will delve into the key trends in the future years that are poised to influence the food & beverages industry, encompassing macro-economic shifts, global industry-agnostic trends, and industry-specific developments. These identified trends will serve as the driving forces and constraints shaping the food & beverages industry's trajectory in 2024. Drawing insights from historical performance and the anticipated impact of these trends, the report will formulate forecasts for the food & beverages industry from 2024-2029
The objectives of the report on Global Food & Beverages Industry Outlook, 2029 are mentioned as follows:
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To understand the performance of the food & beverages industry in 2024
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To analyze the top developments and disruptions that took place in 2024
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To understand the key trends that are likely to impact the industry in 2024-2029
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To estimate the performance of the industry at the global level as well as for each of the key regions considered in the report and by sectors/segments
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To identify growth opportunities and provide recommendations for market participants to tap opportunities
The report will encompass statistical data and prognostications pertaining to the performance of the food & beverages industry across various metrics, including overall sales volumes and specific breakdowns for key regions. This comprehensive analysis will extend to various growing markets, encompassing overall figures, segmentation by types, regional variations, and specific insights into key countries. The major markets discussed in the study are- Plant Based Protein Market, Functional Food Ingredients, Pathogen Food Testing, Food Certification Market, Precision Fermentation Ingredients, 3D Food Printing Market, Personalized Nutrition Market, Probiotics Market, Food Traceability Market etc.
The report will also explore pivotal trends expected to influence the food & beverages industry from 2024-2029. These trends include- food-to-go options in plant-based food; microbiome-based probiotic and prebiotic foods; adoption of next-generation sequencing (NGS) in food safety testing, use of automation; AI and machine learning for reduced food waste; AI-driven personalized nutrition apps; hybrid food creations like drinkable snacks or snackable beverages; precision fermentation for alternative protein; CRISPR gene editing fostering disease-resistant crops and nutrient-rich varieties; adoption of circular supply chains and green logistics; and rising emphasis on block chain and traceability.
Scope
The base year considered in the report is 2024, and 2024-2029 is the forecast year. The geographical scope includes North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Research Methodology
The research methodology involves three key components: (a) secondary research, incorporating historical data from MarketsandMarkets (MnM) reports and Knowledge Store, market data gathered from various associations, industry bodies, and third-party databases across regions, and the extraction of key trends, market drivers, and restraints from various industry articles, reports, and journals; (b) Expert Opinions, entailing interviews with key experts to collect insights on key trends, their impact, market drivers and restraints, and industry performance; and (c) MarketsandMarkets (MnM) Analysis. MnM consultants and analysts, with a combined experience exceeding 100 years, continually monitor the industry, regions, sectors, and players. This ongoing surveillance, coupled with existing market knowledge, forms the basis for analysis and market forecasting.
Who should be interested in the report?
The report holds significance for industry stakeholders, including farmers, growers, food & beverage manufacturers, processors, suppliers, distributors, retailers, and others engaged in the food & beverages industry. It provides valuable insights for leadership and teams involved in strategy, product development, research, and development (R&D), sales, and marketing, as well as those focusing on new market development.
Growth opportunities and latent adjacency in Global Food & Beverage Industry Outlook 2029