Food, Beverage and Grocery Industry

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Food, Beverage & Grocery Industry

The global food along with beverage Sector incorporates farming, food production, distribution, retail and also food catering.

The most notable 15 global supermarket firms account for more than 30% of world supermarket sales.

Expanded global financial growth and a surge in the global population have swayed the rise in global food consumption (Pegasus, 2013).

Global food retail revenue tend to be somewhere around $4 trillion on a yearly basis and is estimated to arrive at $5.3 trillion by 2017.

Food markets accounts for half of all food yearly sales. Food retailing accounts for close to 40% of all global retail sales (FAO, 2009).

Global food retail revenue tend to be somewhere around $4 trillion on a yearly basis and is estimated to arrive at $5.3 trillion by 2017.

The most notable 15 global supermarket firms account for more than 30% of world supermarket sales (USDA, 2012).

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