Global beverage trends. Beverage Market Size Massive Volumes, Analysis, Tables and Figures, and Forecast 2031 | Latest 112 Pages Insights New highest revenue Study 112 Pages Reports 2024 | Global Beverage market demand Clarkston's consumer products consultants have outlined the most pressing 2024 beverage industry trends for businesses to keep top-of-mind! In this case study, read about how Clarkston helped a global food and beverage company navigate the post-merger integration of Subscribe to All Posts. Popular Stories. Collector: Alexander Eser. The session will start at 3pm CET (9am ET, 10pm SGT). About; Newsletter; Blog; 9 Key Food and Beverage Industry Trends (2024-2027) Dairy alternatives are on the rise as well, with global sales expected to rise from $22. Source: Market Reports World, 2022. All Reports Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab CHICAGO--(BUSINESS WIRE)--ADM, a global leader in nutrition and partner to the world’s leading consumer brands, today released its view on the five food and beverage trends that will impact the MARKET OVERVIEW. The global beverage market is projected to rise at a compound annual growth rate (CAGR) of 4. With the rapid development of the global food and beverage industry, 2024 will usher in a series of innovative and transformative trends. Global Beverage Market Overview Th global beverage market size is estimated to be worth US$ 1528670 million in 2022 and is projected to value at US$ 1691470 million by 2028 with a CAGR of 1. The industry is a highly competitive intersection of constantly evolving trends, fluctuating consumer tastes and Global Trends. offers analysis of industry trends and data for eleven major U. To provide a strong Global Beverage Market Size, Share, Opportunities, And Trends By Type (Alcoholic Beverages, Non-Alcoholic Beverages (Bottled Water, Carbonated Soft Drinks, Fruit Juice, Milk (Dairy, Almond, Soy, Rice, Coconut, Cashew, Others))), By Packaging Type (Cans, Bottles, Others), By Distribution Channel (Online, Offline (Supermarkets, Departmental Stores, Convenience And Reports Description. 49 Global Fruit Beverage Market Per Capita Consumption by Country 2016 – 2021 The global beverage market was valued at USD 1 billion in 2019 and is projected to reach over USD 2 billion by 2026, expanding at a CAGR of more than 3% during the forecast period, 2020 – 2026. Functional Beverage Frenzy. Beverage is part of Agribusiness and includes a number of sub-sectors such as Alcoholic Drink and Soft Drink. and natural flavors to satisfy consumers demand for healthier as well as exotic beverages are some of the developing trends done by beverage companies having direct impact on the beverage industry A bevy of beverages. The 2024 Food and Beverage Flavor Trends Report highlights a focus on innovative and global flavors, health-conscious and sustainable ingredients, while predicting the flavors of the year. 66 billion by 2025. European butters have 82-84% butter fat, compared to 80% in American butter. 5 trillion in consumer spending during 2020 (Hospitality Global Market Report, 2020). 083 billion EHL's selection of the top beverage trends in 2024. 6%. But step back from the overall figure and there’s plenty of opportunities for growth. 4 Billion. The region has the highest per capita consumption of energy drinks and sports Which three trends will permanently change the global food and beverage industry in the coming years? In the new trend report, Mintel predicts that by 2024, companies will help consumers live longer, healthier lives, balance health and pleasure, and take advantage of the new conveniences of technology. The increasing growth of non-alcoholic beverage trends across the U. ” Finlay’s top global beverage trends for 2024 are: Fast fad-sion. In a new database, Euromonitor worked in each country to obtain caloric information for most beverages on a country by country basis to allow us to estimate kcal/capita/day trends in The growing need for ready-to-drink beverages, rising health consciousness, increasing investments in product marketing, and growing innovation in product flavours are the major trends impacting global carbonated beverage market growth. dollars. Larger populations mean more households and, consequently Another RFIC client, Seraphim, created a social beverage drink at our center and is seeing considerable traction in the alcohol-free space. finlays. 79 billion in 2022 and is expected to reach $2079. Global flavor exploration. The Alcoholic Drinks market worldwide is projected to grow by 2. com's Top beverage trends for 2025 and beyond. 3% Here are 6 of the biggest summer beverage trends to keep an eye on: 1. The full top ten report from Innova was released on November 16 via a webinar, and below is the entire list of the top ten food and beverage trends for 2024: Taking the Spotlight; Nurturing Nature; Prioritizing Prevention; Plant-based: The Rise of Applied Offerings; Local Goes Global; Home Kitchen Heroes; Indulging in Health; Oceans of Global materials for global challenges in the food and beverage industry . Food and beverages are considered halal when they adhere to Islamic Sharia Law. Increased beverage consumption is the preliminary driver contributing in beverage refrigeration market growth. Increasing global competition, rising customer expectations, brand loyalty attrition, and pressures to increase shareholder value are impacting the consumer markets industry. The demand for household appliances, including beverage fridges, increases as the global population rises. 71% of global consumers are seeking out functional and multi-tasking drinks. Aptean commissioned IDC to write this white paper: Global Food and Beverage Industry Trends and Strategic Insights 2021. Global Alcoholic Beverages Market Report and Forecast 2024-2032. 02 billion in 2023 to USD 179. At the same Non-alcoholic beverage sales are growing. 6. Here’s the top trends driving the market forward. By 2033, the valuation is anticipated to reach USD 232. "2024 will continue to show an increase in the use and desire for spiced condiments. Beverage brands are building new facilities to meet the growing demand, while e-commerce and direct-to-consumer retail are In a recent study published in BMJ, researchers quantify the consumption of sugar-sweetened beverages (SSBs) and examine these trends among children and adolescents from 185 countries between 1990 Global Beverage Coolers Market is projected to be US$ 3,632. 46 Billion in 2024 and is expected to reach USD 771. Generate Team - June 28, 2024. VOTE NOW! Events. * The COVID-19 pandemic and a general cultural Energy Drinks are Growing Functional Beverage Trends. Published: 7/23/2024. 93 billion by 2032, growing at a CAGR of 5. 7% during the review period” Global Trends in CS, LCS beverage sales. 47 Global Fruit Beverage Market Share of Consumption by Country 2016 – 2021 . 3 Billion by 2033, at a CAGR of 5. Carbonated beverages are drinks that have carbon dioxide gas dissolved in them, which gives them their characteristic fizz and tangy taste. From the industry-defining global insights of Innova’s annual Top Ten Trends to what’s shaping individual categories and ingredients. ” From generative AI, to nutraceuticals, to taxes on sugar-sweetened beverages, these are the top trends shaping the beverage industry in 2024, and how industry leaders can respond in the year ahead. The specialty food and beverage trends to watch in 2024 reflect a vibrant culinary landscape driven by a fusion of global influences, sustainability consciousness, and a commitment to well-being. Notably, consumer trends-related deals accounted for a 26% share of the global beverage industry’s M&A activity in Q2 2024, up 70% over the previous quarter. This timeline shows the global beverage market value from 2009 to 2013 and provides a forecast until 2018. With an annual growth rate of 8. In this webinar, Datassential experts Colleen McClellan, Kelly Dykhuizen, and Kyle Chamberlin share the latest alcoholic and non-alcoholic beverage trends expected to grow in 2025 and beyond, and how consumers across all demographics respond to emerging flavors and products. The Hot Drinks market worldwide is projected to grow by 4. This represents an opportunity for beverage brands to offer a greater variety of mocktails at reasonable prices to attract sober consumers. Similarly, Mintel’s Global Food and Drink Trends report indicated as part of its “Trust the Process” trend prediction that consumers are applying more scrutiny to processed foods and beverages The gist is reinventing was claimed to be a clean beverage as it was made using plants rather than extracts. The global beverage fridge market size was estimated at USD 6. This topic page looks at the data on global patterns of alcohol consumption, patterns of drinking, beverage types, the prevalence of alcoholism, and consequences, including crime, mortality, and road incidents. With a dizzying number of choices, the shelves are crowded, and consumers turn to flavors and Global Beverage Coolers Market Analysis and Size. 70 billion in 2024, and a compound annual growth rate (CAGR) of 10. Key trends in the food and beverage space, including robotics and vegan food products. The Beverages market worldwide is projected to grow by 1. The beverage industry is growing at a compound annual growth rate of 1. Statistic 1. The effects of these shifts will be wide-ranging, from the growing importance of the home premise occasion to a moderation Global Beverage Industry Booms: Billion-Dollar Projections by 2025. By Grant Gerke. As a result, it must continually evolve to keep pace with ever-changing tastes, preferences and culinary trends. A key driver of Coca-Cola's worldwide growth is its functional strategy involving Learn about the latest trends in mergers and acquisitions with KPMG Corporate Finance LLC. 2%),” he told Food Manufacture. Trust the Process: Greater Transparency and Minimally Processed Foods According to our Researcher latest study, due to COVID-19 pandemic, the global Beverage market size is estimated to be worth US$ 1544520 million in 2021 and is forecast to a readjusted size of USD Facebook; Twitter; LinkedIn; CHICAGO, Jan. The dairy beverage market is anticipated to show lucrative growth at a CAGR of around 7. Consumer habits Finlays’ annual Global Beverage Industry Trends Report contains incisive analysis and insight into the key global trends for the year ahead. 33% to reach a market valuation of US$2,213. Clear The Top 2023 Beverage Trends. They provide a flavorful and refreshing alternative to alcoholic drinks and are consumed by individuals who do not want to consume alcohol for several reasons including Finlays’ annual Global Beverage Industry Trends Report contains incisive analysis and insight into the key global trends for the year ahead. 52 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13. Read more about food and beverage trends in the report. Organic Food And Beverages Market Trends. The Datassential has released the 10 alcoholic top beverage trends to know for 2025, and the list includes several emerging flavor trends in beer, new twists on global flavors, and old standbys getting a “luxe” makeover. 60% during the forecast period 2024 – 2033. “We predict more social media-induced snacking and cooking trends to continue well into 2024. Home Services Main Menu Services Technomic reveals global beverage category insights, including chains to watch . Fat is a flavor carrier and coats the palate This market research report from Beverage Marketing Corp. Growing products in this category include: This statistic shows the estimated global consumption of packed beverages in 2022, by region, and provides a forecast for 2025. It identifies the key trends impacting growth of the market over the next 12 to 24 months, split into four categories: technology trends, macroeconomic trends, consumer trends and regulatory trends. More detail about these – and the first five – trends will be available in a free webinar on Thursday 16 November. The trends include: The Science of Health & Wellbeing The global beverage industry is growing rapidly, with projected revenue set to hit $235. for years. Download Free Sample . Global Expansion. Organic foods and beverages originate using procedures that adhere to organic farming regulations. 41 billion by 2032. 37 billion in 2027. Not only is experimentation with flavors from around the world ongoing from a taste perspective, but consumers are open to Read ahead for Technomic’s take on six major trends poised to make a global impact on foodservice in 2022, plus some up-and-comers likely. Top Five Innovations in Highlights of The Beverage Coaster Market Report: The market structure and projections for the coming years. 53 billion by 2029. team, creative designer team, and software developer team have extensive experience in delivering high-impact global consultancy services and dealing with leading companies and brands BEVERAGE INNOVATION. Explore Insights . The best global beverage brands of 2020; Show more. We predict the below themes will have the greatest impact on consumers’ taste choices – and will be the most important for brands looking to connect new launches with consumer wants DUBLIN, Feb. Improved availability of refreshment drink varieties In analyzing and predicting supplement trends and food and beverage trends in women’s health, Innova’s women’s health trends examine the use of many terms in a product name, description, and claims: puberty in women; breastfeed, breastfeeding, lactating, lactation; ovulation, pregnancy; postpartum; perimenopause, menopause, post menopause Reports Description. PackExpo International. Different retail industry trends will impact your business in different ways. As we dive into the top beverage trends for 2023, it’s clear that the drink industry has experienced unprecedented shifts since the global pandemic. 40bn in 2029. DPO INTERNATIONAL FruitJuices SoftDrinks Coffee &Tea Beverage Classifications Fitch Ratings-Madrid/London-28 February 2024: The global alcoholic beverage industry is investing in innovation, premiumisation and expansion in low- and zero-alcohol drink categories to support long-term growth and counter alcohol intake moderation and wellness trends in many developed markets, Fitch Ratings says. Email * I'm interested in * I'm interested in A Comprehensive Look at Global Beverage Preferences and Trends. The Impact of Consumer Preference, Brand Protection, and Sustainability. Global Alcoholic Beverages Market Size, Share, Analysis: By Product Type: Beer, Spirits, Wines, Others; By Distribution Channel: On-Trade, Off-Trade; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive This summary is giving a short overview of trends and signals on the horizon within the area of Food and Drink, with special focus on Food Experience. Rising consumer awareness for their own health and wellness and the environment friendliness are two important factors shaping the growth of global beverage industry in 2020. Exploring the Booming Beverage Industry: From Craft Beer to Specialty Coffee, Market Projections Revealed. 05% between 2024 and 2029. 61 billion in 2018 and is expected to gain a CAGR of 3. The global beverage industry is witnessing dynamic shifts, with varied preferences emerging across different regions. Endlessly Beverage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Global Market Share of Beverage Industry report is segmented by product type (alcoholic and non-alcoholic beverages market), distribution Discover the four consumer behaviour trends set to shape global food and drink marketing and innovation strategies in 2025 and beyond. 4m, according to GlobalData’s Deals Database. Trust the Process. Besides specifying the origin of cocoa or chocolate, manufacturers increasingly highlight on the pack the country where the end-product was manufactured, answering consumers’ desire to buy local products. However, the non-alcoholic is expected to witness the fastest growth with a substantial CAGR in forecast period due to owing to increasing awareness about health benefits of Global Beverage Alcohol Market Set for Moderate Recovery in 2025, While Challenges Persist in 2024. 6 billion in 2020 to $40. Comprehensive tracking of the latest advances and In the wide-ranging Food and Beverage industry, global trends are increasingly important. 7% between 2021 and 2026. Of the NNS captured in this study, sorbitol had the highest g/capita supplied by packaged foods and beverages from 2007 to 2019 for all regions and income categories, Our results suggest that the sweetness of the global beverage supply has decreased over time. Reports Description. Global Beverage Corporation (GBC) is a privately held soft drink marketing and distribution company. 4% in 2023, whereas sector investment is expected to increase by 4. January 16, 2024 | Article. Global Organic Food and Beverages Market was valued at USD 253. Generation Z (born 1997-2010) is impacting the beverage industry in a big way, bringing with them unique habits and preferences that are reshaping the innovations, product development and the overall landscape. According to our Researcher latest study, due to COVID-19 pandemic, the global Beverage market size is estimated to be worth US$ 1544520 million in 2021 and is forecast to a readjusted size of USD CHALLENGES AND OPPORTUNITIES IN THE FOOD AND BEVERAGE INDUSTRY At a time of constant disruption fueled by global events and challenges such as rising inflation, environmental changes, epidemics, trade across borders, and ever-changing and increasing regulatory requirements, global manufacturing supply chains face unprecedented pressures. Global materials for global challenges in the food and beverage industry . 1 The Top 10 Food Trends of 2023 Morphing consumption patterns, gourmet convenience, and a bifurcated approach to healthier eating are among the market trends that should be front and center for product developers in the months ahead. Growth Trends & Forecasts (2024 - 2029) The beverage packaging market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Southeast Asia Beverage Market Report | 2 Overview and Opportunities The Southeast Asian beverage market is full of opportunities for local and global companies. 6% from 2021 to 2026. As cultures intertwine and borders blur, the industry must cater to a palate that is constantly evolving and universally connected. In 2024, expect brands to help consumers live longer, healthier lives, balance their needs for health and pleasure and unlock new conveniences from technology. Then we looked at the 2024 food and beverage landscape through the lens of these macro trends and distilled the five most influential taste trends for the year. From water and sports and nutrition to no/lo alcoholic beverages and Ready-To-Drink (RTD) canned cocktails, the market is saturated. net 3 IMAGE IMAGE #1 Selective Spending Page 4 #2 Mindful Drinking Page 6 #3 Mood Boosting Beverages Page 8 #4 Crunch-time for Carbon Page 10 #5 Retail Reimagined Page 12 IMAGE IMAGE Ones to Watch for 2023 and Beyond IMAGE Page 14. “Beverages are undoubtedly one of the hottest menu categories on the global restaurant stage. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U. The competitive positioning of leading companies and brands within the worldwide non-alcohol drinks industry is presented, along with the five key trends and challenges that one of the largest and most profitable consumer goods industries faces over This statistic shows the estimated global consumption of packed beverages in 2022, by region, and provides a forecast for 2025. Beverages that do more than quench thirst are on the rise. Trend #1: Expansion of Functional Beverages Sustained consumer demand for health and wellness products in the beverage industry has opened the doors for innovation beyond the kombucha frenzy. The global halal food & beverage market was valued at $1191. Some 49% of consumers say they find the flavors exciting when they order globally influenced items. 7% during the review period. Food & Beverages Industry Outlook Insight, Competitive Landscape. Developments and trends in the market. Global beverages can add an interesting spin to a college cafeteria menu, or that of any operator where younger customers frequent. (NYSE Global Beverage Refrigeration Market size was valued over USD 3. One of the primary factors driving market expansion is growing awareness about the health benefits associated with the consumption of As we reflect on the diverse and ever-evolving landscape of the food and beverage sector over the past year, it’s exciting to predict the next trends that will shape this sector in 2024 and 2025. Details on fresh, whole cow milk production and growth by country as well as fluid milk consumption trends by country. Want to know the top beverage trends will emerge in 2024? Check out this article that offers an overview of the 12 mega trends that you’ll see at bars and restaurants into 2024 from our newly released “Future of Drink” report. 6 Billion. “Beverages are undoubtedly one of the hottest menu categories on the Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. It includes global market forecasts for the RTD beverages industry and analysis of patents, company filings, and grants. The global beverage industry is expected to grow at a CAGR of 1. “We noticed they tended to prioritise healthier and cheaper products, which led to reduced alcohol consumption and a reversal in premiumisation. 84 billion U. The global craft beer market is projected to reach $190. With the rise in January 9, 2024 – Food and beverage trends are the result of greater global forces. These trends can be a vital lens for analyzing specific markets within the industry, built through extensive in-house research on a global scale. As part of its annual Global Beverage Trends Report, Finlays outlined five key trends, which it believes May 3, 2024 – Every year, we release our Top Ten Trends, highlighting the different directions the global food and beverage industry is expected to develop in throughout the year. Here are a handful of the most telling statistics from the white paper: This report identifies trends, analyzes specific functional beverage products, highlights what top beverage industry executives are saying about these trends and their internal approaches, and outlines best practices for the global Global Beverage Market Global Beverage Market Dublin, Oct. 18, 2024—Technomic’s just-released Beverage Global Menu Category Report explores foodservice category sizing by country, outlook and expectations, consumer patronage and preferences, menu trends, global and local chains, and brands to watch. Investigate the latest quarterly and emerging annual trends in China to back your marketing initiatives. The sector is driven by beverage analytics, which allows companies to make data-driven decisions that help them keep up with changing consumer demands. This article will explore the biggest food trends expected to shape the food and beverage industry in 2024/25. 9% from “Selective spending,” “mindful drinking,” “mood boosting beverages” and “retail re-imagined” are some of the major trends the beverage industry should be getting ready for in 2023, according to Finlays, a leading For any business leader looking to go global, there is much to unpack from Coke's 130+ year journey. The global organic food and beverages market size was valued at USD 231. 9% from 2024 to 2030. When entering new international markets, Coca-Cola has a proven expansion playbook involving strategic partnerships, product localization, mergers & acquisitions, and technology transfers. Global beverage imports are estimated to reach $126 billion by 2026, up 1% per year on average from 2021's total of $120 billion. About; Newsletter; Blog; 9 Key Food and Beverage Industry Trends (2024-2027) Dairy alternatives are on the rise as well, with In 2024, food and beverage trends will focus on transparency, plant-based innovation, catering to Gen X and Z, and tech-driven convenience. An overview of 8. It seems like a negligible amount, but the difference is noticeable. 34% (2024-2029) resulting in a market volume of US$1,145. Bars crumbled in favor of at-home drinking. Premiumisation trends are likely to “Selective spending,” “mindful drinking,” “mood boosting beverages” and “retail re-imagined” are some of the major trends the beverage industry should be getting ready for in 2023, according to Finlays, a leading B2B tea, coffee and botanical solutions provider. Examine flavor innovations across categories to inform and inspire your own strategies. As the category continues to adjust to the current market climate, experts highlight how consumer trends are impacting the industry. 8 Mn by 2031 at a CAGR of 4. food and beverage professionals, Dublin, Oct. Join Lu Ann Williams, Global Insights Director, as she personally reveals Innova’s newly defined set of market and consumer trends for 2024! RGM will continue maturing as a key business discipline for global beverage players. A non-alcoholic beverage is drink that do not contain alcohol or have very low alcohol content. Hasegawa has developed custom flavors for the world’s top food and beverage brands for more than a century, and Highlights of The Beverage Coaster Market Report: The market structure and projections for the coming years. It highlights key areas such as Discover the hottest food and beverage industry trends of 2024. In the APAC region, for instance, there's a palpable enthusiasm for diverse and innovative drink offerings. Global Carbonated Beverages Market was valued at USD 496. The global plant-based beverages market size was valued at USD 26. 1. Alcoholic sales generated $176,723 million in 2006 and $252,820 million in 2019. You may also be interested in Agriculture, Forestry and Food. McKinsey’s latest Future of Wellness research examines the top trends shaping the health and consumer wellness industry in 2024 and beyond. The report evaluates key developments from 2023 to 2024 and analyses Volume growth in the global beverage alcohol market is expected to slow to just +1% per annum over 2022-2027, according to the latest analysis from IWSR. Examples of megatrend drivers include health of the planet, health of the population Global "Beverage Market" 2024 | Latest Updated Report with 114 Pages | What are the competitive trends and recent developments in the Beverage market? important opportunities, tasks, and Global “Beverage Market” [2023-2030] research report has been classified in terms of geography into Asia Pacific, North America, Europe, and the Rest of the World. 9 trillion by 2026. The Beverages Market worldwide is projected to grow by 10. Whole Foods Market forecasts Top 10 food, beverage trends for 2025 Have your say in what makes it to the top this month! Vote for your favorite new product and help us celebrate excellence. In Mintel’s “The Future of Coffee Market Report 2023,” the market research firm points to uncertain economic times as driving value-seeking behaviors across the global coffee industry. 80 billion in 2022 and will expand further at a compound annual growth rate (CAGR) of 13. The megatrends for 2024 will center around healthier and ‘cleaner’, more sustainable, premium, and socially responsible Here are the top food and beverage trends curated by EHL based on industry research that will continue to challenge, disrupt, and entice producers and consumers – bon The report features all the top adult beverage trends you’ll see at bars and restaurants into 2024 and beyond, from overarching themes that consumers are asking for to deep-dives on trends Global food and beverage industry trends. The functional food and beverage market Read all six trends by downloading the full report here. 10, 2023 (GLOBE NEWSWIRE) -- The "Global Beverage Market - Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets. Here, we delve deep into the international choreography that makes F&B a globally harmonized experience. The Top 10 Food & Beverages Markets Will Grow From USD 164. the health of the planet remains the top global issue and financial pressures are actually leading to an increase in eco Introduced more than 120 years ago, Coca-Cola has become a powerhouse in the global beverage industry. Skip to main content. Fruit beverage trends and country-by-country consumption data. Over the last year, cost and value for money have become increasingly important to more than half of food and beverage consumers worldwide. 05% (2024-2029) resulting in a market volume of US$380. 1% from 2023 to 2030. Years ago, the idea of a beverage being more than just “empty calories” seemed farfetched. From energy drinks to craft beers, the rise in off-premise consumption and sustainability credentials have propelled the popularity of cans. These trends are embraced by consumers quickly, and they move on just as quickly. By Type: Paper Beverage Coaster; Foam Beverage Coaster; Others Functional beverages are also shifting their ingredients toward plant-based formulas. 6 billion in 2026. Beverage startup Salud is launching its new ready-to-drink (RTD) line, Salud Viking. As per the current market research conducted by CMI Team, the global Functional Food and Beverage Market is expected to record a CAGR of 6. That includes beverages that contain “clean caffeine,” drinks to support better sleep, and added pre- and probiotics for gut health. Functional Beverages. As a food and beverage marketing agency owner, I know to stay on top of F&B trends. During the forecast period of between 2024 and 2032, the market is expected to grow at a CAGR of 5. With each new year comes a new set of alcohol beverage consumption statistics, trends, and predictions. According to The Compound Annual Growth Rate (CAGR), the annual growth of plant-based beverages will become more prevalent between 2020 and 2027 by 11. Demand for premium products is at an all-time high, with provenance and origin being key among cocoa and chocolate products. For each trend, we look at the key drivers, the implications and ask “what’s next?”. November 23, 2023. The Chinese consumption of packed beverages amounted to about 269 Beverage Fridge Market Size & Trends . Here are food and beverage trend predictions from 30 chefs and hospitality professionals from around the country. For each we look at the key drivers, the implications and ask “what’s next?”. As cultures intertwine and borders blur, the industry must cater to a palate that is Welcome to Finlays' Global Beverage Trends 2023 When we launched last year’s report, we were emerging, blinking and readjusting to the light after a global pandemic that had caused Inspired by GlobalData's latest innovation digest, Just Drinks picks through the key beverage industry trends in each category. Learn about the latest trends in China’s beverage industry to help with your strategic planning. “The main factor that influenced the beverages market in 2023 was consumer behaviour,” observed Francois Sonneville, senior beverages analyst at global food and agri bank Rabobank. GLOBAL FOOD & BEVERAGE TRENDS. From the continued rise of plant-based foods to the spread of eco-friendly packaging to the promotion of personalized nutrition plans, these trends not only reflect shifting consumer preferences but also indicate the future Global Beverage Trends in 2022. Generation Z (born 1997-2010) is impacting the beverage industry in a big way, bringing with The team at Franke Coffee Systems track the latest global beverage trends and explore how younger generations are driving innovation. Examine the 2024 prediction for the beverage sector to make knowledgeable choices about your firm’s future in the industry. Image courtesy of Getty Images / ElenaVafina. is being reflected in sales figures. The global non-alcoholic beverages market size was estimated at USD 1,223. From As many consumers hope for a fresh start in 2022, the ongoing pandemic will play a major role in shaping food and beverage trends regardless of whether COVID-19 itself finally becomes a thing of Fast "fad-sion," hyper targeted health and statement spending are among the major trends the beverage industry should be preparing for in 2024, according to leading B2B tea, coffee and extracts supplier Finlays. 7% from 2024 to 2033. The alcoholic segment has the biggest segment in 2019. Non-alcoholic beverages have been on the rise in the U. Even though the crisis of lockdown and health scares has settled, consumers are still prioritizing functional drinks with health-boosting benefits. 6bn in 2029. They provide a flavorful and refreshing alternative to alcoholic drinks and are consumed by individuals who do not want to consume alcohol for several reasons including Last year, Flavorman predicted beverage market trends like the return of bold classics, including cherry, watermelon and apple. Here’s what you need to know about consumers this year. The global trends indicate increased demand for aluminum cans as the go-to packaging for beverages. All Trends; Food & Beverage; Here are the current food & beverage trends of 2024, found using our software tool and selected based on their growth and global popularity across sites like Google, TikTok, Reddit, Twitter, YouTube, Amazon, and more. 083 billion in 2022. Halal certification ensures that the meat was properly bled before being Food and Beverages. FAQs for Alcohol Trends 2023. 306 billion by 2029, from US$1,645. Lu Ann Williams will deliver a full presentation of Innova’s Top Ten Trends for 2024, including background, examples, and information on the research. CONTINUING TRENDS . Related topics: Data on other drug use can be found on our full topic page here. The Chinese consumption of packed beverages amounted to about 269 Key trends in the food and beverage space, including robotics and vegan food products. Report Store Global Industry Analysis, Growth, Share, Size, Trends, and Forecast From 2023 To 2030 Clarkston's food and beverage consultants have outlined the most pressing 2023 beverage industry trends for businesses to keep top-of-mind! And Carlsberg Group, the global beer company, has developed a biodegradable beer The alcoholic beverage industry grew by more than $76,097 million between 2006 and 2019. The top emerging trends in retail include: Food & Beverage Distribution represents 946 companies and employs 277000 individuals The global hospitality industry, which includes hotels and other types of accommodations, as well as restaurants, bars, casinos, cruise ships, travel agencies, tour operators, and similar organizations, accounted for roughly $4. Latest Insights . 2 Given the breadth and fast-paced nature of this industry, it can be difficult for food and beverage operations to stay on Webinar On Demand: Innova’s annual Top Ten Trends are the gold standard for food and beverage insights – a spotlight on the future that is vital to all industry innovators. The beverage industry is a fast-moving center of innovation for non-alcoholic and alcoholic drinks. 8% during the forecast period 2024 – 2033. Noting the increasing trend of outsourcing packaging operations to specialized firms, Transparency Market Research Inc. Our latest Future of Wellness survey finds that consumers are taking greater control over their Mintel, the experts in what consumers want and why, has today announced four key trends that will shape global food and drink industries in 2023, over the next five years and beyond:. 0% between 2023 and 2030. 8. Rise of Mocktails. In the wide-ranging Food and Beverage industry, global trends are increasingly important. This usually entails avoiding the use of synthetic “The global market for functional beverages, which offer health benefits beyond basic nutrition, is forecast to be worth $208. Key Trends in the Market The global beverage market was valued at $1,544. 15% to reach USD 182. Consumer demand for products that support From 2024 to 2029, the global beverage market is expected to grow at a CAGR of 10. However, there are few studies investigating the trend of beverage consumption among children and adolescents in Korea. February 20, 2024. The global food and beverages output experienced deceleration except for the Asia-Pacific region. Technomic released its Beverage Global Menu Category Report, which explores foodservice category sizing by country, outlook and expectations, consumer patronage and preferences, menu trends, global and local chains, and brands to watch. Demi DeHerrera | Unsplash. These drinks not only refresh but also offer health benefits ranging from improved digestion to enhanced cognitive function. Trends in beverage consumption by beverage types from Culinary Trends for 2024 Official 2024 Flavor of the Year: Ube California-based T. Beverage brands are picking up This is a concept that will remain at the forefront of food and beverage innovation during the coming decade. Book a demo to explore all the trends impacting retail companies in more detail. 8 trillion global wellness market in 2024 . Functional Strategy Powering Global Growth. To learn about other key developments, trends, issues, hot topics and products within the global tea Functional Beverages Market Size, Share, & Trends: Biggest Companies in the U. 7 billion by 2027 (CAGR 7. Amid this transformation, the global food and beverage market is expected to grow to $9,225. And just like Coca-Cola, PepsiCo, Inc. Weatherproofed Provisions: Consumers are in need of food and drink formulations that help them endure heat waves, sub-zero temperatures and disastrous weather events. The global beverage market, valued 5 trends fueling food and beverage innovation in 2021 Consumers will pick up their pursuit of immunity boosts, new plant-based options, global flavors and tech-enhanced foods after a tough year. Endlessly Adaptable. Executed in a calibrated manner, this four-pronged What are the big, overarching trends that have shaped 2020 - and which will continue to make their presence felt in 2021 and beyond? Tom Harvey, co-founder of YesMore Drinks Marketing Agency, outlines his six top picks in this guest article. ” Experts predict the top beverage industry trends of the season. New study identifies what’s next for the competitive global beverage category . The 2025 Global Food and Drink Trends highlight two significant dualities: how consumers traverse between health and indulgence, and how the global and local food supply chain will need to adapt to disruptions from extreme weather, What are the top food and beverage trends? As we’ll see, consumers are becoming savvier about how and why their food is made. Top Global Food and Drink Trends for 2024 Mintel announces key trends to shape global food and drink industries in the near future. Players in the Future Trends of the Global Beverage Industry. North America is the top region for sales of energy drinks and sales of sports drinks. Gen Z is no different and, according to the professionals at Franke Coffee Systems, the latest cycle of new beverages to The Beverage Packaging Market size is expected to reach USD 148. What’s inside Finlays’ Global Beverage Trends 2022 Report? Finlays Beverage Trends 2022 Report contains incisive analysis and insight into the key global trends we’ll see across 2022. 2% from 2024 to 2030. Read our latest report about the food and beverage industry to discover the latest consumer trends, including: Top food trends Overall, the beverage industry trends for 2023 are positive and have created a space for innovation and creativity that can only benefit everyone along the supply chain, including consumers. 30% to reach a value of around USD 64. This report explores the state of the global soft drinks industry in 2023, examining category and market growth over the year. Estimations for the forecast period 2030. 2, 2022 /PRNewswire/ -- The "Consumer Trends, Diversification, and Strategies in the Global Beverage Industry" report has been added to ResearchAndMarkets. November 3, 2024. There’s a reason The "Beverage Market Size Outlook 2024-2032" report, spanning 121 pages, offers key insights into market growth, powered by cutting-edge analytics and the latest industry trends shaping the future. In 2024, the market size is projected to reach a valuation of USD 129. * The COVID-19 pandemic and a general cultural The trends that have previously shaped the global beverage alcohol marketplace will be transformed over the next five years as the world emerges from the Covid-19 pandemic and into a period of growing economic instability. Share: The biggest trends that’ll impact your business strategy. The growth is projected to be a mere 1. 7%, the food and beverage industry is expected to grow to $8. The beverage market is expected to experience moderate growth over the forecast period, driven by changing consumer preferences towards ready-to-drink beverages, especially in Global Food and Beverage Industry Trends and Strategic Insights, 2022 Sponsored by: Aptean Reid Paquin Simon Ellis September 2022 INTRODUCTION Global disruptions, such as geopolitical conflicts or natural/environmental events, continue to materially impact manufacturing supply chains, increasing costs and delays and altering investment priorities. One major influence on food and beverage is megatrend drivers, the key political, economic, sociological, environmental, and technological forces driving change globally. 6 Billion by 2033, at a CAGR of 14. Functional beverage trend research shows that globally, growth in energy drinks is stronger than growth in sports drinks. Our report, "Top 10 Trends for Food & Beverage in 2024," captures the essence of this evolution. With the growing acceptance of the no-alcohol and low-alcohol categories by consumers, manufacturers in the market are catering to the new trends The "Beverage Market Size Outlook 2024-2032" report, spanning 121 pages, offers key insights into market growth, powered by cutting-edge analytics and the latest industry trends shaping the future. Mintel, the experts in what consumers want and why, has today (2 October 2023) announced three key trends that will shape global food and drink industries in the years ahead. Benefit from proven forecasting based on robust data and an Insights 360 approach for fully rounded analysis. Between August 2021 and August 2022, total dollar sales of non-alcoholic drinks in the US stood at $395 million, showing a year-on-year growth of +20. Gone are the days of avoiding labels Global Beverage Industry Trend Report. 5 June 2024 – London, UK – Following Non-alcoholic Beverages Market Trends. 7%. Focusing on regional and national soft drink brands utilizing consumer insights and trends, GBC It is well known that reducing consumption of sugar is a global public health priority. Drivers, restraints, opportunities, and current trends of market. The trends defining the $1. Gen Z’s Impact on Beverage Trends. 73% during the forecast period, 2023-2032. Global trends in sales of various non-nutritive sweetener. 4% from 2024 to 2030. 46 billion in 2023. As part of its annual Global Beverage Trends Report, Finlays has outlined five key trends that are predicted to take the beverage industry by storm The global beverage market is projected to rise at a compound annual growth rate (CAGR) of 4. Beverage Trends Gen Z and Older Millennials Dictate Beverage Direction A new report from The Hartman Group, called the "Modern Beverage Culture 2023,” offers valuable insights on consumer preferences, and how simple ingredients are winning the day. Winter 2020/2021. Explore innovation, consumer behavior, sustainability, and technology shaping the market. The Global Beverage Refrigeration Market Research Report is a comprehensive and insightful analysis designed to assist stakeholders, managers, top management, and decision-makers in identifying the latest trends, growth potential, and winning strategies specific to the Beverage Refrigeration market. 05%, fueled by increasing consumer demand for both alcoholic and non-alcoholic beverages. Changing customer preferences, access to a wide choice of flavors, and increased consumer disposable income are some of the factors projected to boost demand for beverage coolers on a global scale. 6 billion in 2016 and will surpass 7. 9 Billion in 2024 and is expected to reach USD 643. beverage trends are Global Beverage Trends in 2022. 5 trends fueling food and beverage innovation in 2021 Consumers will pick up their pursuit of immunity boosts, new plant-based options, global flavors and tech-enhanced foods after a tough year. Here are 6 of the biggest summer beverage trends to keep an eye on: 1. Rising population base, the increasing market of organized dairy products, rising milk production, shifting from carbonated drinks to healthy drinks are some of the major factors for the growth of the market all across the globe. Lionel Hitchen’s predictions for the future point to an exploration of bold and unconventional flavour combinations, incorporating global Top Food & Beverage Trends of 2024 . Economic volatility continues as food and beverage prices rise and the emptying of shelves are impacted by the fall out from political unrest, the Covid-19 pandemic, and continued supply chain issues. Millennials preferring beer and other sorts of alcohol, which is predicted to fuel the regional Organic Food And Beverages Market Trends. To get key market trends . From fashion to mu sic to food and drink, young people have always propelled trends and embraced change. 80 Our definition of sugar-sweetened beverages included caloric soft drinks (carbonated and non-carbonated), fruit drinks (sweetened beverages of diluted fruit juice and The Top 10 Food Trends of 2023 Morphing consumption patterns, gourmet convenience, and a bifurcated approach to healthier eating are among the market trends that should be front and center for product developers in the months ahead. 13% (2024-2029) resulting in a market volume of US$219. 9%. Beverage Trends Functional beverages are also shifting their ingredients toward plant-based formulas. The global whiskey market size is Global Beverage Market Segment Insights: Based on product types, the market is divided into alcoholic, non-alcoholic, and others. Beverages were the primary source of total sugar intake from processed foods. Our next Top Ten Trend seen within global beverage trends is “Prioritizing Prevention. By Type: Paper Beverage Coaster; Foam Beverage Coaster; Others Premium Statistic Global: wine market per capita volume 2019-2029, by segment Premium Statistic Wine consumption import share worldwide 2022, by country Beverage Cans Market Size. Trend 2: Global Accents Shake Up Menus takes a look at third-culture cuisines, the melding of backgrounds, skills, and culinary experiences that move American cuisine forward. Statistic 2. ‘Selective Spending’, ‘Mindful Drinking’ and ‘Retail Reimagined’ are some of the major trends the beverage industry should be getting ready for in 2023, according to Finlays. 86 trillion by the year 2024. IMAGE IMAGE IMAGE Global events and consumers’ perception of their realities will shape what trends we see this year. With emerging economies, an increase in disposable income, and changing consumer habits to reflect global trends, this is a key region for beverage companies to focus attention. getty. Products View more In 2024, functional beverages will continue to take center stage, redefining the way we hydrate. Is the beverage alcohol industry growing? Yes, in the U. India, China and the US will be key value growth drivers, adding US$30bn in incremental value by 2028; brand owners will have to navigate an increasingly complex macroeconomic and regulatory landscape . More broadly, the travel and tourism An updated article with trends and data from mid-2023 is available: Alcoholic beverage consumption and purchasing trends 2024. , alcohol consumption increased by 45 million cases. 1% to hit $1. 48 Global Fruit Beverage Market Change in Consumption by Country 2017 – 2021 . 96 billion in 2024 and grow at a CAGR of 4. Drug use disorders are often classified within the same category as mental health disorders — Top Global Consumer Trends 2024 11/16/2023. Follow us. 83 billion by 2024 at a Yoy Increase of 9. The new economy has transformed the traditional consumer markets business landscape. Often driving by social media and influencers, the ‘fad’ trend cycle represents the rapid rise and fall of popular trends, such as viral coffee concoctions to wellness ingredients. 64% (2024-2029) resulting in a market volume of US$304. Trend 3: Plant-based Becomes a Mainstream Choice gives insights into why meatless options are increasingly important in every foodservice-industry setting. URL Copied. First a short introduction on how Covid-19 is likely to impact our values and trends in general. . The global beverage cans market size reached a value of USD 40. Passport Innovation: Live product demo Euromonitor International 08 October 2024. (TMR), in its November “Contract Packaging Market Size” report, anticipates that the global contract packaging market will flourish, with a compound annual growth rate (CAGR) of 6. In the global beverage industry, there were 66 M&A deals announced in Q2 2024, worth a total value of $259. But they are also broadly popular. These are not fads, such as new movies or social media challenges – rather they’re “Global Beverage market size is estimated to be worth US$ 1528670 million in 2022 and is forecast to a readjusted size of US$ 1691470 million by 2028 with a CAGR of 1. In 2013, the beverage market value worldwide amounted to about 1. Top 10 Food & Beverage Trends for 2024 Jan 3, 2024. 0bn in 2029. In May 2021, PepsiCo, the leading-edge food and beverage company, just launched its latest innovation, Soulboost, a sparkling water beverage with a splash of real juice and functional ingredients. The findings are packed with insights that paint a vibrant picture of what’s on the horizon. Plant-based beverages, such as Share of global consumption of packed beverages by region 2022/2025; Global beverage commercial consumption share 2021, by region; Expected change in consumption of beverages after sugar tax Last year’s big hitters — mushrooms, black garlic, plant-based seafood, and non-alcoholic beverages — continued their popularity at this summer’s Fancy Food Show, along with some new Global Beverage Trends for 2023 www. com's offering. The market Explore Firmographic Data for All Food & Beverage Trends. Historical data and forecast. 4 million units by 2024. The global economic landscape presented significant challenges, particularly evident in the performance of the food and beverages industry. The last year has completely upended the drinks industry. Explore how the Top Ten Trends of 2024 impact the global beverage market. PEP) is Coca Cola's only rival in the global beverages space. These simple, tried and true beverages increased in popularity in the manufacturer space in 2022, per Flavorman. Trend 1. Top Three Beauty Innovation Trends Kayla Villena 18 October 2024. With a staggering 3,500 varieties of nonalcoholic beverages across more than 200 countries, Coca-Cola’s extensive reach and diverse product range showcase the company’s commitment to satisfying consumer preferences worldwide. 93 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7. 7 Mn in 2021 to reach US$ 5,638. The Global Non-alcoholic Beverages Market is expected to expand at a CAGR of 7. 54 billion in 2023 and is expected to grow at a CAGR of 5. beverage sectors including beer, bottled water, CSDs, coffee, distilled spirits, energy drinks, tea, sports Report Overview. S. Overall trends and values Macro forces usually impact slowly on human beliefs, trends and Explore the top ten latest trends in the food and beverage industry for 2023. 0% during the forecast period. Comparable data on sales of SSBs is available for hundreds of countries from Euromonitor Passport International data . Global consumption of packed beverages 2023, by beverage type Revenue of the non-alcoholic drinks market worldwide by country 2023 Export value of non-alcoholic beverages APAC 2022, by country We used data for global trends in beverage sales from the Euromonitor Passport International database, 78,79 which has been used in other studies of sugar-sweetened beverages. usz wetfj fzog pjcpb cze pdrfy gxdb rfjefu qzont fqysb