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The Global Food and Beverages Market Is Valued at Around $6 Trillion In 2017 According To TBRCÂ’s Latest Report

 



(MoneyNewsWire.Net, June 28, 2018 ) The food and beverages industry comprises of establishments engaged in manufacturing beverages, food, pet food and tobacco products. The companies in the food and beverages industry process raw materials into food products, package and distribute them through various distribution channels to both individual customers and commercial establishments.



Read the report at:

https://www.thebusinessresearchcompany.com/report/food-and-beverages-global-market-report-2018



The market is valued at around $6 trillion in 2017 due to the economic growth and increasing organic food consumption.

In the report, the global food and beverages market is divided into ten segments. Meat, poultry and seafood was the largest segment in the market accounting for over 20% of the market and bakery & confectionary was the second largest segment in the market accounting for nearly 15% of the market and the remaining 65% is occupied by the other eight segments, namely, alcoholic – beverages, dairy, tobacco products, non-alcoholic – beverages, frozen and fruit & veg, syrup, seasoning, oils, & general food, grain products and pet food.



Download a sample of the report at:

https://www.thebusinessresearchcompany.com/sample.aspx?id=315&type=smp



The USA was the largest country in the food and beverages market in 2017, accounting for nearly one-fifth of the market share. This was due to the presence of a large number of food and beverage manufacturing companies and a large customer base in the country. China and Japan followed the USA as the next largest countries in the market.

The food and beverages market is fragmented with a number of large and small organizations. The top five competitors in the market made up over 5% of the total market in 2017. Philip Morris International Inc. was the largest competitor of the market, followed by PepsiCo, Nestlé S.A, JBS S.A. and Anheuser Busch InBev. Nestlé S.A. is a Swiss food and beverage company that manufactures baby foods, cereals, chocolate and confectionery, coffee, dairy, drinks, healthcare nutrition, pet care and weight management products. It owns more than 2000 brands and operates in more than 190 countries.



About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.



Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info



The Business Research Company

Marketing TBRC

+91 8897263534

Marketing@tbrc.info

Source: EmailWire.Com


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