Global Food and Drink Market Growth (Status and Outlook) 2023-2029

Global Food and Drink Market Growth (Status and Outlook) 2023-2029

Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Drinks, or beverages, are liquids intended for human consumption. In addition to basic needs, beverages form part of the culture of human society. Although all beverages, including juice, soft drinks, and carbonated drinks, have some form of water in them, water itself is often not classified as a beverage, and the word beverage has been recurrently defined as not referring to water.

In this report, all the data of food and drink market concluded Bread & Cereal,Fruits & Vegetable ,Fish Products,Meat Products,Dairy Products,Oils & Fats,Beer & Wine,Soft Drinks and Others(Snacks, Candy, Chocolate, Prepared meals, Grain mills and starch products, etc)

LPI (LP Information)' newest research report, the “Food and Drink Industry Forecast” looks at past sales and reviews total world Food and Drink sales in 2022, providing a comprehensive analysis by region and market sector of projected Food and Drink sales for 2023 through 2029. With Food and Drink sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food and Drink industry.

This Insight Report provides a comprehensive analysis of the global Food and Drink landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food and Drink portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Food and Drink market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food and Drink and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food and Drink.

The global Food and Drink market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In Nigeria, the key Food and Drink manufacturers are Friesland Wamco, Dangote Group, Nigerian Breweries, Coca Cola, Guinness, Nestle Nigeria, Unilever Nigeria, PZ Cussons, CHI Limited, UAC Foods, Cadbury Nigeria, SevenUp Bottling, SABMiller, Honeywell Flour Mills, De-United Foods, Promasidor etc. Top 3 companies occupied about 37% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Food and Drink market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Bread & Cereal

Fruits & Vegetable

Fish Products

Meat Products

Dairy Products

Oils & Fats

Beer & Wine

Soft Drinks

Others

Segmentation by application

Supermarkets

Traditional Markets

Conveniece Stores

Online Sales

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Friesland Wamco

Dangote Group

Nigerian Breweries

Coca Cola

Guinness

Nestle Nigeria

Unilever Nigeria

PZ Cussons

CHI Limited

UAC Foods

Cadbury Nigeria

SevenUp Bottling

SABMiller

Honeywell Flour Mills

De-United Foods

Promasidor

Please note: The report will take approximately 2 business days to prepare and deliver.