Top 10 Food and Drinks Companies: Growth Strategies and Innovation in the Leading Players
Top 10 Food and Drinks Companies: Emerging opportunities, growth strategies and innovation in the leading players
The global food and drinks market was worth $3,498bn in 2007, up 3.1% over 2006. The global food and drinks market is anticipated to grow at a CAGR of 3.2% during 2007–10 to reach $3,843bn in 2010. Increasing demand for healthy products coupled with rising disposable incomes in emerging economies is fueling demand for food and drink products. However, the rising price of raw materials such as animal feed, energy, and other commodities such as aluminium used in packaging, will increase the operating costs of players.