Global production numbers in 2018:
It’s difficult to put a dollar value on the global food market because food is a commodity, an ingredient, and a meal: its value could be measured at multiple stages along a value-added chain. While more calories are consumed in mature markets like North America and Europe, the biggest growth engine for food revenue is the developing world. China, India, and Brazil have become wealthier, and consumers are changing eating habits: buying more packaged foods, ready-to-eat food, and meat.
Food trends include healthier eating which has spawned new sub-sectors: organic foods, gluten-free foods, low fat foods and functional foods (nutraceuticals which blend nutrients and medicine).
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