Food and Beverage: Introduction
Segments
Beverage
Companies in this segment produce carbonated and noncarbonated soft drinks, bottled water, ice, and alcoholic beverages.
Dairy
Companies in this segment manufacture dairy-based products from both raw and processed milk, as well as dairy substitutes.
Fruits and Vegetables
Companies in this segment distribute fresh fruits, vegetables, spices, and herbs. The main task of distributors is to get the fruit and vegetables from producers to customers, including both food retailers and foodservice providers.
Grain
In this segment, companies mill flour and rice, malt grains, and mixed prepared flour mixes and dough. Major products include flour, rice, and malted grains.
Meat, Poultry, and Seafood
Major products in this segment are wholesale meat products that will be cut or processed further, ground beef for commercial use, and "case-ready" items for retail use.
Sugar and Confectionery
Companies in this segment produce raw sugar from sugar cane, refine raw cane sugar, and produce refined beet sugar from sugar beets. The most widely used product for sugar manufacturers is refined sugar for both industrial and consumer use.
The Food and Beverage industry is Fragmented. The production in this industry is divided among a few different companies, however, no single firm has large enough share of the market to be able to influence the industry's direction or price levels.
Primary Demand Drivers
- Food consumption
- Population growth
Profitability Drivers
- Efficient operations, because products are commodities subject to intense price competition
From the Blog 
Fast food is no longer just about cheap meals and convenience; it is becoming one of the fastest adopters of AI in the restaurant industry. From smarter drive-thrus to automated inventory management and predictive maintenance, significant chains like Taco Bell, KFC, McDonald’s, and Chick-fil-A are investing heavily in AI to deliver faster service, improve accuracy, and boost efficiency behind the scenes.
Bubble tea has dominated internationally over the past few years. Originating from Taiwan in the early 1980s, a drink that primarily consists of tapioca and has various teas to choose from depending on the stores, it has solidified its place in the market with its huge following.
Sources
- Hoovers (Date Accessed: 6/1/2017)