North America Food and Beverage Market size was USD 2673.68 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

In 2024, annual sales of retail food and beverage stores in the United States amounted to approximately ****** billion U.S. dollars. This marked a constant increase during the reported period and more than double the amount registered two decades earlier. Food and beverages retail market In December 2024, monthly retail sales from U.S. food and beverage stores were estimated at approximately ***** billion U.S. dollars. This marked an increase of more than *** percent from the previous month, November 2024. Constituting a large part of the industry, the number of food and beverage retail stores in the United States in 2022 amounted to about *******. Supermarkets and other grocery stores were the most represented, numbering around ******, followed by beer, wine, and liquor stores numbering nearly ******. Leading food and grocery retailers and store types In 2023, the leading food and grocery retailer in the United States was by far Walmart, which generated sales numbers of close to *** billion U.S. dollars that year. The Kroger Co., Costco Wholesale Club, and Ahold Delhaize were also among the top U.S. retailers. In 2022, supermarkets and other grocery stores took the lion's share of food and beverage retail store sales with about **** percent, while beer, wine, and liquor stores took the second highest share of sales with *** percent.

In 2024, food and beverage sales were estimated to account for ** percent of total retail e-commerce sales in the United States. The Statista Digital Market Outlook estimates that by 2029 this share will increase to over ** percent of revenue created by the e-commerce market in the United States.

According to Cognitive Market Research, the global Food and Beverage market size is USD 6684.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 2673.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2005.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1537.37million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 334.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 133.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
The Breakfast Cereals held the highest Food and Beverage market revenue share in 2024.

Market Dynamics of Food and Beverage Market

Key Drivers of Food and Beverage Market

Rising Global Population to Increase the Demand Globally

The increasing number of people on the planet is driving up demand for food and drink, particularly in developing countries where disposable incomes are rising. There is a proportional increase in the demand for food and drink as more people enter the consumer market. The need for agricultural and food production systems to develop and adapt to satisfy growing demands is highlighted by this trend. Furthermore, it emphasizes how important sustainable practices are to ensuring food security over the long term and reducing environmental impacts. To address these issues and create resilient and equitable food systems that can meet the demands of an expanding population while preserving the planet's resources for future generations, governments, businesses, and communities must work together.

Urbanization and Busy Lifestyles to Propel Market Growth

Convenient, ready-to-eat food and beverages are in high demand due to urbanization and the spread of hectic lives. The need for easy and convenient food options has increased as more people live in cities and manage busy schedules. As a result of this trend, the availability of packaged foods, frozen dinners, and grab-and-go options has increased, appealing to consumers who want convenience without sacrificing flavor or nutrition. With urbanization driven by social and economic considerations, the portable food and beverage product market is expected to grow even further. In response to changing customer tastes, food producers and distributors are coming up with new and inventive ways to provide a wide range of easily accessible products that meet the needs of both busy lifestyles and urban residents.

Restraint Factors of Food and Beverage Market

Rising Food Prices to Limit the Sales

Increased food costs are frequently caused by changes in the price of agricultural commodities, which are made worse by supply chain interruptions and extreme weather. These dynamics, especially for vulnerable people, can substantially impact affordability and consumer purchasing. When staple foods rise in price, households might have to spend more of their income to cover their fundamental nutritional needs, leaving them with less money to spend on other necessities. Furthermore, rising food prices have the potential to worsen food insecurity, increasing the likelihood of poverty and malnourishment in impacted areas. Businesses, civil society, and governments must tackle these issues by strengthening the food systems' resilience, reducing price volatility, and guaranteeing that all societal segments have fair access to reasonably priced and nutrient-dense food.

Stringent Regulatory and Compliance Requirements 

The food and beverage sector faces a complicated array of safety, labeling, packaging, and environmental regulations that differ by area and nation. From the sourcing of ingredients to nutritional information and sustainability requirements, businesses must consistently adjust to changing legal norms. Managing these regulations can heighten operational complexity and compliance expenses, part...

The United States Gluten-Free Food and Beverages Market Report is Segmented by Product Type (Bakery Products, Snacks and RTE Products, Beverages, and More), by Source (Animal-Based and Plant-Based), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, and More), and Region (Northeast, Midwest, South, and West). The Market Forecasts are Provided in Terms of Value (USD).

Graph and download economic data for Retail Sales: Food and Beverage Stores (MRTSSM445USS) from Jan 1992 to Jul 2025 about beverages, retail trade, food, sales, retail, and USA.

The Food and Beverage Market Report is Segmented by Product Category (Food, and Beverage), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, and More), Packaging Type (Plastic, Paperboard, and More), Nature (Conventional, and Organic/Natural), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

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US Private-Label Food And Beverage Market Size 2025-2029

The us private-label food and beverage market size is forecast to increase by USD 52.2 billion at a CAGR of 7.1% between 2024 and 2029.

The Private-Label Food and Beverage market in the US is witnessing significant growth, driven by the increasing dollar value share of private label brands. Consumers are increasingly turning to private label options due to their perceived value and quality, which is challenging traditional branded players. Another trend shaping the market is the rising demand for private label organic food and beverages, reflecting the growing health consciousness among consumers. However, the market faces challenges, including the low penetration of private label food and beverage companies in certain categories, which presents both opportunities for expansion and competition. Companies looking to capitalize on market opportunities should focus on expanding their private label offerings in underpenetrated categories and catering to the growing demand for organic options. Simultaneously, navigating the challenges of market competition and consumer preferences for quality and value will be crucial for success.

What will be the size of the US Private-Label Food And Beverage Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The private-label food and beverage market in the US is experiencing significant dynamics and trends, shaped by advancements in food technology, digital marketing strategies, and stringent food safety regulations. Food microbiology plays a crucial role in ensuring food safety and authenticity, while food fraud detection technologies help prevent adulteration. Ingredient standardization and allergen management are essential for maintaining brand loyalty and catering to diverse consumer needs. Product recalls can significantly impact market performance, emphasizing the importance of effective supply chain transparency and traceability. Food technology innovations, such as plant-based foods, probiotics and prebiotics, and personalized nutrition, are reshaping consumer preferences. Market segmentation analysis and customer segmentation are vital for targeting specific demographics and optimizing sales forecasting. Digital marketing strategies, including influencer marketing and pay-per-click (PPC) advertising, are increasingly popular for reaching wider audiences. Food labeling regulations, food chemistry, and data analytics are critical components of food product development and marketing. Food trends forecasting and contract manufacturing help companies stay competitive and adapt to evolving consumer demands. E-commerce fulfillment and packaging technology enable businesses to reach customers more efficiently and effectively, while alternative proteins and dietary supplements cater to the growing demand for healthier options. Customer feedback analysis and sales forecasting are essential tools for managing product lifecycle and optimizing market performance.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductPrivate-label foodPrivate-label beverageDistribution ChannelOfflineOnlineEnd-userRetail consumersFoodservice and hospitalityGeographyNorth AmericaUS

By Product Insights

The private-label food segment is estimated to witness significant growth during the forecast period.

In the private-label food market, companies prioritize product differentiation through premiumization and expansion of specialty offerings. ALDI, for example, introduces a high-end private-label brand, Specially Selected, which includes dairy, frozen foods, pantry staples, and snacks and sweets. Notable products under this brand are Specially Selected Blue Cheese Stuffed Queen Olives and Specially Selected Super Premium Chocolate Ice Cream. Quality control and non-GMO verification are crucial aspects of private-label food production. Shelf life and ingredient labeling are essential for consumer trust. Packaging innovations cater to sustainability initiatives, such as circular economy and waste reduction, while fair trade practices enhance brand development. Product formulation focuses on artificial sweeteners, functional ingredients, and catering to food allergies. Inventory management, employee training, and pricing strategies ensure efficient supply chain operations. Organic certification, haccp certification, and food safety audits maintain regulatory compliance. New product development, market research, and health and wellness trends drive innovation. Beverage production, food waste management, and retail partnerships strengthen

View monthly updates and historical trends for US Food and Beverage Store Sales. from United States. Source: Census Bureau. Track economic data with YChar…

Graph and download economic data for Advance Retail Sales: Food and Beverage Stores (RSDBS) from Jan 1992 to Sep 2025 about beverages, retail trade, food, sales, retail, and USA.

The report covers North America Gluten Free Food and Beverage Market Revenue. The market is segmented by Type into Beverages, Bread Products, Cookies and Snacks, Condiments, Seasonings, and Spreads, Dairy/Dairy Substitutes, Meat/Meat Substitutes, and Other Gluten-free Products and Geography.

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Diet Food And Beverage Market Size 2024-2028

The diet food and beverage market size is forecast to increase by USD 48.5 billion at a CAGR of 4.1% between 2023 and 2028.

The demand for diet foods and beverages continues to grow as consumers prioritize healthy lifestyles and weight loss programs. Key trends include the development of low-calorie and low-sodium options, as well as the increasing popularity of meal replacements and dietary supplements. The geriatric population, particularly those with high blood pressure, also represents a significant market opportunity.
Large supermarkets dominate the retail landscape, offering a wide range of dietary solutions. The market growth is driven by the high prevalence of obesity and the increasing awareness of the health risks associated with unhealthy diets. Companies are responding with new product launches to meet the evolving needs of consumers. This market analysis report provides an in-depth examination of these trends and the challenges they present to market participants.

What will be the Size of the Market During the Forecast Period?

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The market is witnessing significant growth due to the increasing awareness of healthier consumption choices among consumers. With the prevalence of obesity, diabetes, high blood pressure, and other non-communicable diseases, there is a growing demand for nutritious and diet-friendly options. Teenagers and the elderly population are two significant demographics driving the demand for diet food and beverages. Teenagers are becoming more health-conscious and are looking for low-calorie and nutrient-rich foods to maintain an active lifestyle. The elderly population, on the other hand, requires dietary modifications due to age-related health issues and chronic conditions.



The market for healthy diet food and beverages is expanding, with an emphasis on nutritionally balanced options. Low-calorie, low-sodium meal replacements, and dietary supplements are gaining popularity among consumers looking to manage their weight and maintain optimal health. Nutritional beverages, such as fruit juices, are also in high demand due to their convenience and nutritional benefits. Functional food and fortified products are becoming increasingly popular in the diet food and beverage market. These products offer additional health benefits beyond basic nutrition, making them an attractive option for consumers seeking to improve their overall wellness. Healthy snacks, such as low-calorie, non-GMO food options, are also gaining traction as consumers look for convenient and nutritious alternatives to traditional snack foods.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product Type

  Diet food
  Diet beverage


Distribution Channel

  Offline
  Online


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France
    Spain


  South America



  Middle East and Africa

By Product Type Insights

The diet food segment is estimated to witness significant growth during the forecast period.

The diet food sector within the market is experiencing significant growth due to increasing consumer preference for nutritiously balanced dietary choices that cater to active lifestyles and disease prevention. This trend is reflected in the latest innovation from Medifast, which launched new high-protein, low-calorie meal replacement bars in August 2023. These bars offer a convenient solution for individuals following weight loss programs, seamlessly integrating with Medifast's 5 & 1 Plan.

Further, Consumers can replace up to five meals per day with these bars, complemented by one Lean and Green meal consisting of lean protein and fruits and vegetables. This plan ensures a balanced diet while supporting weight loss goals. Grocery stores, specialty retailers, online sales, and direct sales channels continue to be key distribution channels for diet food and beverage products in the United States. The prevalence of non-communicable diseases such as obesity, diabetes, and cardiovascular diseases further fuels the demand for nutritiously balanced dietary options.

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The diet food segment was valued at USD 120.90 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 43% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

South America Food and Beverage Market size was USD 334.21 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

Snapshot img

Private Label Food And Beverages Market Size 2025-2029

The private label food and beverages market size is forecast to increase by USD 204.6 billion at a CAGR of 6.9% between 2024 and 2029.

The private label food and beverage market is witnessing significant growth due to several key trends. The increasing preference for healthier food options, such as non-GMO, organic, and gluten-free, is driving the demand for private label products in various categories, including soup, coffee, ice cream, yogurt, chocolate, tea, meat, condiments, sauces, dressings, bakery products, and baby food. Furthermore, the rise of e-commerce platforms is enabling private label brands to expand their reach and penetrate new markets, especially in niche categories like alcoholic drinks, premium chocolate, confectionery, olive oil, savory snacks, cheese, and bottled water. However, challenges such as maintaining product quality and consistency, ensuring food safety, and effective packaging design remain crucial for private label companies to succeed in this competitive landscape.

What will be the Size of the Market During the Forecast Period?

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The private label food and beverage market encompasses a diverse range of products sold under the brand names of retailers rather than recognized manufacturers. This market segment includes offerings from convenience stores, dollar stores, general merchandise retailers, department stores, e-retailers, and others. Market size is significant, with continued growth driven by consumer preferences for affordable, convenient, and high-quality options. Clean label products, non-GMO offerings, and transparent labeling are increasingly popular trends, reflecting a focus on health and wellness.
Private label product categories span bakery items, dairy, meat, and condiments and sauces. Retailers continually strive to enhance product quality, meeting evolving consumer demands and expectations. The private label food and beverage market's growth trajectory remains strong, as retailers leverage their brand recognition and consumer trust to capture market share in various product categories.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Food
  Beverages


Geography

  Europe

    Germany
    UK


  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

    Brazil

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

Private label food and beverages are a significant category In the US retail market, with supermarkets, hypermarkets, grocery stores, hard discount stores, dollar stores, and convenience stores serving as the primary distribution channels. The expansion of private label companies In the US is a key growth driver for this segment. For instance, Aldi Stores, a German-owned chain known for its affordable prices and private label brands, expanded its footprint In the Southeast region in 2023, opening new locations throughout Louisiana. With a 15,000 square meter retail space, Aldi's new store in Shenzhen, China, is strategically located near the North high-speed rail station In the Longhua district.

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The offline segment was valued at USD 312.20 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 39% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European market is a significant sector, with consumers increasingly preferring these products as cost-effective alternatives to branded items. Retailers, including supermarkets and hypermarkets, convenience stores, dollar stores, general merchandise retailers, department stores, e-retailers, and others, have been investing heavily in brand development and product promotion. Private labels cater to various categories such as non-GMO bakery products, cereals, dairy products, yogurt, ice cream, baby food, poultry, eggs, fish, condiments and sauces, deli dressings, salads, gravies and sauces, general food, savory snacks, confectionery, soup, processed food, coffee, tea, bottled water, juices, carbonated beverages, sports drinks, alcoholic drinks, and more. These offerings are access

Graph and download economic data for Quarterly Financial Report: U.S. Corporations: Food and Beverage Stores: All Other Operating Costs and Expenses (QFR103445USNO) from Q4 2000 to Q2 2025 about operating, cost, beverages, finance, retail trade, expenditures, food, corporate, sales, retail, industry, and USA.

By 2025, the CBD food and beverage market in the United States is expected to be valued at **** billion U.S. dollars. CBD-infused beverages are projected to make up ** percent of that market, at a value of *** billion dollars.

Graph and download economic data for Food and Beverage and Tobacco Products: Sectoral Output (MPU5500611) from 1987 to 2023 about tobacco, beverages, nondurable goods, food, production, goods, manufacturing, and USA.

The size of the North America Gluten-Free Food and Beverage Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.50% during the forecast period. Key drivers for this market are: Increasing Sports Participation, Increasing Awareness about Health and Fitness. Potential restraints include: Adverse Effects of Overconsumption of Products. Notable trends are: Increasing Demand for Gluten-free Food and Beverage Products.

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According to disposable cups and lids market in food and beverage industry statistics, North America was identified as the largest consumer of disposable cups and lids in food and beverage industry. The disposable cups and lids market in food and beverage industry research report considers consumption patterns of several regions including North America, APAC, Europe, South America, and MEA to present a clear picture of the demand of the product globally during the forecast period 2020-2024.

The disposable cups and lids market in food and beverage industry report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive disposable cups and lids market in food and beverage industry growth during the next five years
Precise estimation of the disposable cups and lids market in food and beverage industry size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the disposable cups and lids market in food and beverage industry industry across North America, APAC, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of disposable cups and lids market in food and beverage industry vendors

According to Cognitive Market Research, the global Food & Beverage market size was USD 9.2 trillion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2033.

North America held significant share of xx% in the year 2024 
Europe held share of xx% in the year 2024 
Asia-Pacific held significant share of xx% in the year 2024 
South America held significant share of xx% in the year 2024
Middle East held significant share of xx% in the year 2024 
Africa held significant share of xx% in the year 2024

Market Dynamics of the Market

Key Driver of the Market

Rising health consciousness among consumers

Increasing awareness of health and wellness is significantly shaping the food and beverages market. Consumers are actively seeking products that align with healthier lifestyles, including organic, low-sugar, plant-based, and functional foods. This shift is prompting manufacturers to innovate and reformulate offerings to include cleaner labels, natural ingredients, and nutritional benefits. The trend is particularly strong among millennials and Gen Z, who prioritize transparency and sustainability in their purchasing decisions, driving growth in the health-focused segment of the market.

Key Restraint of the Market

Stringent regulatory compliance and food safety standards

The food and beverages market faces significant restraints due to complex and evolving regulatory frameworks across different regions. Compliance with food safety standards, labeling requirements, and import/export regulations can increase operational costs and delay product launches. Inconsistent regulations between countries also create challenges for global distribution and expansion. Furthermore, any lapse in compliance or product recalls due to safety concerns can severely damage brand reputation and consumer trust, limiting market growth and innovation. Introduction of the Market

The global food and beverages market continues to grow steadily, driven by evolving consumer preferences, urbanization, and rising disposable incomes. Demand is shifting toward healthier, convenient, and sustainable options, prompting innovation in product development. Technological advancements in processing, packaging, and distribution are also enhancing efficiency and shelf life. However, the market faces challenges such as regulatory complexity, supply chain disruptions, and increasing raw material costs. Despite these hurdles, the sector remains resilient, with strong potential in emerging markets and digital retail channels.