The global food & beverage industry includes various online food chains and offline food chains. The food & beverage industry includes the companies working in processing raw food materials, packaging, and distribution which include prepared foods and packaged foods, along with alcoholic and non-alcoholic beverages. The primary factors for the growth of the food & beverages industry before COVID-19 pandemic includes the rise in the number of on the go consumers and increased adoption of ready to eat food. Further, steadily increasing population and per capital income and changing lifestyle were other growth-enhancing factors of the food & beverages industry. However, the key factors that affect the food & beverage industry after the pandemic include the shutdowns of the restaurants and other seating areas.
The global food & beverage industry report is segmented based on online food chains and offline food chains. The outbreak of COVID-19 had a dual impact on these segments. That includes the offline food chains that are restaurants and cafes that are entirely shut down in some regions, whereas, online food deliveries are available. In addition, packaged food and beverage industries are witnessing an upsurge in the demand, such as shelf-stable foods and beverages including milk products, as consumers rush to stock the pantries. The novel COVID-19 has impacted the food & beverage industry in almost all regions including North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific and Europe are the largely impacted region across the globe. This is attributed to most of the cases recorded in the regions especially in the countries including Italy, Spain, Germany, France in Europe, and China, Japan, and South Korea in Asia-Pacific. The Chinese government has shut all the restaurants and cafes in the country. Apart from the food chains, the supply chain has been largely impacted by the pandemic COVID-19, as there is a disruption in the supply chain. For instance, Coca Cola Co. experienced delays in its raw material supply from china as a result of industrial stalls related to the spread of COVID-19 in China. The company sources sucralose from both the US and China, however, has flagged that Chinese suppliers have experienced delays in production and export.
The prominent players operating in the global food & beverage industry include Starbucks Corp., McDonald's Corp., Subway, Burger King, KFC, Home Original Chicken / Laoxiangji, Dunkin' Donuts, Dairy Queen, Papa John’s Pizza, The Coca-Cola Co., PepsiCo among others. Due to the outbreak of the pandemic coronavirus, these companies are largely affected, especially in any of the outbreak zones that is China, the US, Italy, and South Korea. The restaurants have been mandated to shut down entirely however the online food supply is available. For instance, Starbucks has shut half of its nearly 2,000 outlets in China, however, the online food ordering is still available.
Research Methodology
OMR global recently published a report addressing the impact of COVID-19 on the global food & beverage industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior and macro-economic factors. The report includes analysis of different regions and countries and the effect of COVID-19 on the food and beverage industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.
Sources Include
The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Government support/bailout packages for the Food & Beverages industry
2.4. Supply & Demand Analysis
3. Industry Overview
3.1. Historical market growth estimation in Food & Beverages industry excluding COVID-19 pandemic effect
3.2. Deviations in the Food & Beverages industry growth rate due to COVID-19 pandemic
4. Verticals Affected Most
4.1. Online Food Chains
4.2. Offline Food Chains
5. Impact of COVID-19 on major economies
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. Japan
5.3.3. India
5.3.4. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Burger King Corp.
6.2. Domino's Pizza, Inc.
6.3. Dunkin' Donuts LLC
6.4. Home Original Chicken Co. Ltd./ Laoxiangji
6.5. International Dairy Queen Inc.
6.6. KFC Corp.
6.7. McDonald's Corp.
6.8. Papa John's International Inc.
6.9. PepsiCo Inc.
6.10. Starbucks Corp.
6.11. Subway Restaurants Inc.
6.12. The Coca-Cola Co.
1. GLOBAL ONLINE FOOD CHAINS RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
2. GLOBAL OFFLINE FOOD CHAINS RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
3. NORTH AMERICA FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
4. US FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
5. CANADA FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
6. EUROPE FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
7. UK FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
8. GERMANY FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
9. FRANCE FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
10. SPAIN FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
11. ITALY FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
12. REST OF EUROPE FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
13. ASIA PACIFIC FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
14. CHINA FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
15. JAPAN FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
16. INDIA FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
17. REST OF ASIA PACIFIC FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
18. REST OF WORLD FOOD & BEVERAGES INDUSTRY RESEARCH AND ANALYSIS 2018-2025 ($ MILLION)
1. GLOBAL FOOD & BEVERAGES INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)
2. NORTH AMERICA FOOD & BEVERAGES INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)
3. EUROPE FOOD & BEVERAGES INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)
4. ASIA PACIFIC FOOD & BEVERAGES INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)
5. REST OF WORLD FOOD & BEVERAGES INDUSTRY TREND PRE AND POST COVID-19, 2018-2025 (%)