Plunkett’s Food Industry Almanac Market Research


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Food, Beverage and Grocery OVERVIEW

  The global food and agricultural industry for 2015 will be about a $7.8 trillion market, according to Plunkett Research estimates, or about 10% of the world’s GDP.
    Global food exports totaled $1.46 trillion in 2013, according to the World Trade Organization (latest data available).
    While it is obvious that food is of equal importance to all people on planet Earth, the relative cost of that food is not equal.
    It varies widely due to such influences as location, customs and the availability of proper infrastructure for food transportation and storage.
    In the U.S., food accounts for approximately 13% of a typical household’s spending, ranking third behind housing and transportation, per the U.S.
    Bureau of Labor Statistics.
    In Asia, food ranks first, estimated at 23% of consumer spending, followed by education and housing. In America, the average household spent $6,602 on food during 2013, up from $6,599 the previous year.
    That included $3,977 spent on food for at-home dining, and $2,625 for dining out. In the U.S., the retail grocery store and supermarket industry, with 40,292 stores, totaled about $668.7 billion in revenues during 2014, up from $650.1 billion the previous year, according to U.S.
    Department of the Census figures.
    However, food products and beverages in America and elsewhere are sold at a wide variety of stores other than supermarkets.
    To get the full picture in the U.S.,


Industry Overview Video


  • -Molson Coors Brewing Company

  • -Ben & Jerry's Homemade Inc

  • -Kendall-Jackson Wine Estates Ltd

  • -Marathon Cheese Corporation

  • -Merisant Company

  • -Ahold USA Inc

  • -Agri-Mark Inc

  • -Newly Weds Foods Inc

  • -Ajinomoto Co Inc

  • -Albertson's Company Inc

See All

Industry Statistics

  • U.S. Food Industry Overview
  • Food Sales, U.S.: 2011-January 2015
  • Consumer Food Price Indexes, Baseline Projections, U.S.: 2013-2022
  • Gross Output in the Food, Beverage & Tobacco Product Manufacturing Industries, U.S.: Selected Years, 2008-2013
  • Retail Prices for Beef, Pork, Poultry Cuts, Eggs & Dairy Products, U.S.: August 2014-January 2015
  • Meat Supply & Use, U.S.: 2014-2020
  • Egg Supply & Use, U.S.: 2005-2020
  • Poultry & Eggs Production, Use, Prices & Trade, U.S.: 2011-2015
  • Dairy Production & Prices, U.S.: 2011-December 2014
  • Horticultural Crops, Baseline Projections, U.S.: 2014-2024
  • Fruit Production, Per Capita Consumption, Retail Prices & Grower Returns, U.S.: 2004-2013
  • Planted & Harvested Acreage for Major Field Crops, Baseline Projections, U.S.: 2013-2024
  • Cost of Production Forecasts for U.S. Corn, Soybean, Wheat & Cotton Crops: 2014-2016
  • Cost of Production Forecasts for U.S. Rice, Peanuts, Oats & Barley Crops: 2014-2016
  • Global Area of Biotech Crops by Country: 2014
  • Income Statement for U.S. Farm Sector: 2011-2015
  • Farm Sector Cash Receipts from Sales of Agricultural Commodities, U.S.: 2010-2015
  • Farm Sector Production Expenses, U.S.: 2010-2015
  • Federal R&D & R&D Plant Funding for Agriculture, U.S.: Fiscal Years 2014-2016
  • Direct Government Payments to U.S. Farms: 2010-2015
  • Average Farm Operator Household Income & Assets, U.S.: 2009-2015
  • Farm Receipts, Expenses & Income, Baseline Projections, U.S.: 2013-2024
  • Value Added to the U.S. Economy by the Agricultural Sector via the Production of Goods & Services: 2010-2015
  • Summary of U.S. Agricultural Trade Projections: Fiscal Years 2013-2024
  • Total U.S. Agricultural Commodity Exports & Imports, Top Ten Countries: 2009-2014
  • Value of U.S. Agricultural Exports & Imports by Commodity Group: 2009-2014
  • Food Industry Employment, U.S.: 2008-2014
  • World Supply & Utilization of Major Crops: 2012-2015
  • World Supply & Utilization of Major Animal Products: 2010-October 2015

Top Companies Profiled

The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.

  • Molson Coors Brewing Company
  • Ben & Jerry's Homemade Inc
  • Kendall-Jackson Wine Estates Ltd
  • Marathon Cheese Corporation
  • Merisant Company
  • Ahold USA Inc
  • Agri-Mark Inc
  • Newly Weds Foods Inc
  • Ajinomoto Co Inc
  • Albertson's Company Inc

Industry Trends Analyzed Include:

  • The Globalization of the Food Industry/Brazilian Firms Acquire Major U.S.-Based Food Producers
  • Genetically Modified (GM) Seeds and Crops/R&D Investment Is High
  • Genetically Modified (GM) Ingredients in Processed or Packaged Foods
  • Cloning of Farm Animals/Meat and Cheese Substitutes Created in Laboratories
  • Selective Breeding, Zinc Fingers and Mutagenesis as Alternatives to GMOs
  • Obesity Sparks Government Action/Snack Foods Get Healthier
  • Comparing Major Diet Food and Weight Loss Companies
  • Childhood Obesity Brings About Changes in Marketing/Federal Program Targets Children
  • Organic Food Sales Continue Global Growth/Locally Sourced Foods and Farm to Table Increase in Popularity
  • Gluten-Free Foods Continue Rapid Growth
  • Functional Foods Promise Health or Nutritional Benefits
  • Food Labeling Gets Further Federal Backing/Wal-Mart Institutes New Food Label Program
  • McDonald’s Scrambles to Adapt to New Consumer Tastes
  • Manhattan’s FreshDirect sets the Pace in Grocery Sales Over the Internet
  • Food Safety Becomes a Massive Consumer, Industry and Regulatory Issue
  • Agriculture Technologies (AgTech) and Irrigation Market Grows Worldwide/Hi Tech Greenhouses Become Commercial
  • Aquaculture Gains Major Fish Supply Market Share
  • Food & Commodity Prices Are a Major Global Problem for Consumers & the Food Industry Overall
  • Packaging Technology Improves/Wal-Mart and Coca-Cola Boost Packaging Sustainability
  • Retail Technologies Advance for Store Checkout and Restaurant Orders/Apps and Location-Based Ads Drive Sales
  • RFID Drives Inventory Management Evolution
  • Wal-Mart Still Dominates But Faces Slowing Revenue Growth
  • Private Label Brands Grow in Share of Total Store Sales
  • K-Cups and Single Serving Systems Soar/Shift from Coffee Sector to Soft Drinks as Consumers Continue to be Willing to Pay for Convenience
  • Consumers Drive a Revolution in the Food Industry, Demanding Fresher, More Natural Foods, Creating both Pain and Opportunities for Companies

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