The global food and beverage market is sized at $9.44 trillion and expected to reach $11.37 trillion by 2030. The fact sheet also tracks the food processing market and US packaged food and beverage growth, and pairs five growth drivers — health and functional foods, sustainability, technology and automation, e-commerce and direct-to-consumer, and M&A — with five major challenges, from supply chain disruption and labor shortages to regulatory pressure, cost inflation, and demand volatility.
It highlights three strategic opportunities (alternative proteins, smart packaging, and traceability systems) and summarizes how SAP addresses the industry's pain points: IBP for supply chain volatility, SAP ERP Cloud for traceability and recalls, Ariba for procurement, Digital Manufacturing for labor efficiency, and Product Footprint Management for sustainability compliance.
It closes with an implementation strategy built on supply chain resilience, R&D investment, and automation adoption, and the case for balancing cost pressure with differentiated value and consumer trust.
The full fact sheet is available above as a PDF. See also the "Food and Beverage Market Overview 2026: Executive Brief" and the complete "Food and Beverage Market Overview 2026: Growth Drivers, Challenges, and SAP Solutions" deck in the Resource Library.