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Food & Beverages
SBUX announced on November 3, 2025, that it will form a joint venture with Boyu Capital to run SBUX retail operations in China. Boyu will own up to 60% of the business,
while Starbucks will keep 40% and continue to own and license the Starbucks brand.
KDP has outlined four strategic priorities that focus on strengthening its position in the coffee market and preparing for long-term growth. First, it aims to increase household penetration, recognizing that even with 47mn active households, there is room to bring more homes into the Keurig system.
PEP’s story began 60 years ago when two famous brands, Pepsi and Lay’s, came together. Since then, the company has grown and changed, always staying close to its consumers and the world around it. Today, PEP includes more than 500 brands such as Tostitos, Gatorade, Quaker, Siete and poppi, and has over 300,000 employees. Its products are found everywhere, from small stores in Kansas to kitchens in Cairo, the busy streets of São Paulo and shops in Shanghai.
Coca-Cola HBC, already one of the largest global Coca-Cola bottlers, will expand its presence significantly in Africa, covering over half the continent’s population and managing two-thirds of Coca-Cola’s African volume. The acquisition strengthens Coca-Cola HBC’s growth platform in Africa, supported by its experience in markets like Nigeria and Egypt.
The global food and beverage market grew by $6729.54bn in 2022 and is expected to grow to $9225.37bn by 2027. The CAGR for the period is expected to be 6.3%.
In 2024, the global packaged food market was valued at approximately $3.12tn and is projected to grow at a CAGR of 6.1% from 2025 to 2034.
In 2024, the global packaged food market was valued at approximately $3.12tn and is projected to grow at a CAGR of 6.1% from 2025 to 2034.
In 2024, the global packaged food market was valued at approximately $3.12tn and is projected to grow at a CAGR of 6.1% from 2025 to 2034.
On July 10, 2025, Ferrero Group announced that it will acquire WK Kellogg Co for $23 per share in cash,valuing the deal at $3.1 billion.
In 2024, the global packaged food market was valued at approximately $3.12tn and is projected to grow at a CAGR of 6.1% from 2025 to 2034.
The global food and beverage market grew by $6729.54bn in 2022 and is expected to grow to $9225.37bn by 2027. The CAGR for the period is expected to be 6.3%.
In 2024, the global packaged food market was valued at approximately $3.12tn and is projected to grow at a CAGR of 6.1% from 2025 to 2034.