Worldwide Food and Beverages Industry to 2030 – COVID-19 Impact on Drinking Habits in the UK – ResearchAndMarkets.com

Will Kreznick

DUBLIN–(BUSINESS WIRE)–The “Food and Beverages Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery” report has been added to ResearchAndMarkets.com’s offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global food and beverages market.

The global food and beverages market reached a value of nearly $5,943.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.7% since 2015. The market is expected to grow at a CAGR of 6.1% from 2019 and reach $7,525.7 billion in 2023. The market is expected to reach

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Insights on the Food and Beverages Global Market to 2030

Will Kreznick

DUBLIN, Jan. 7, 2021 /PRNewswire/ — The “Food and Beverages Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery” report has been added to ResearchAndMarkets.com’s offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global food and beverages market.

The global food and beverages market reached a value of nearly $5,943.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.7% since 2015. The market is expected to grow at a CAGR of 6.1% from 2019 and reach $7,525.7 billion in 2023. The market

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2021 Flavor trends for food and beverage

Will Kreznick

Among the dramatic changes in consumer behavior the COVID-19 crisis effected last year—toilet-paper hoarding, extreme bread baking—the pandemic made us both want to stay safe at home but also stare longingly out the window remembering the days when we could travel freely. These paradoxical desires showed up in the food and drink flavors consumers sought in 2020, as they embraced both familiar, comforting flavors as well as flavors new and adventurous. As the pandemic crosses over into a new year, we’re likely to see those consumer preferences persist.

When asked whether the pandemic has made consumers turn to recognizable flavors

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5 trends fueling food and beverage innovation in 2021

Will Kreznick

After an unpredictable and turbulent 2020, many are hoping 2021 will bring more stability. But the pandemic is expected to still hold sway and influence some of the biggest food and beverage trends in the coming months.

One major theme that will continue in the new year reflects what many wish 2020 had more of: health. Companies will be looking to launch foods and beverages with immunity-boosting ingredients. The plant-based and alternative space will also see continued growth, but take different shapes with new ingredients, from algae to mushrooms.

Technology will also arise as a major trend as the calendar

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