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The food and beverages industry, a global one, is an interesting bag of surprising and often contradicting facts. The food and beverages industry is a really global one, meaning there is almost no place on this planet that this industry does not cover. You are as likely to find a food joint in Mongolia as you are in Mozambique. The reason is simple: we can live without many things, but not without food. Any surprise that this industry is a giant, valued at a few trillion dollars globally?
The food and beverages industry in the US is characterized by several interesting facts. Many of these could be in the positive and some, in the negative. Whether it is about the positive or the negative factors one is talking about, there is no doubt about one thing, which is that the food and beverages industry is one filled with very interesting facts. Let us take a look at some of these:
One in seven Americans eats fast food everyday
It is estimated that as many as 50 million Americans consume fast food every single day, without a weekend or a vacation! This is more than the population of many countries. The most important reason for this is the quickness and convenience associated with fast food. Further, out of these, nearly 20 million, one in 16 Americans, visit a full-service restaurant on any given day. Yet, surprisingly, this is the same percentage of Americans who have been eating outside for the past 15 years!
Millions of children eat fast food in the US
As many as a third of the children aged between two and nine years eat fast food daily in the US. The media could be playing a part in this because it is estimated that on average, the American child is exposed to three to five ads for fast foods every single day. This rate of consumption is cause for some worry for policy makers and health experts, although one silver lining could be that children are more aware of the importance of eating clean food.
American cuisine is still the top hit
Among the millions of Americans who make up the market for the food and beverage industry, four fifths of all food consumed in hotels in the US is American. While the cuisines of most other countries are still popular, this figure points to the overwhelming preference for American food by those who eat outside. Want to know which the least preferred cuisine is? It is Scandinavian and Nordic food, which is consumed by only two percent of those eating outside. Adding to the interesting facts about the food and beverages industry is the point that a high proportion of Americans like their food to contain local, fresh ingredients and flavors.
Americans eat the most outside during warm weather
Call it a case of sunny binge or the lethargy of getting out of home during the cold seasons; it is a fact that Americans eat more outside during the warm seasons.
The fast food industry is highly concentrated
While there are hundreds of players in the fast food industry, an interesting fact about the food and beverages industry is that almost all the food consumed by the Americans is sold by only a handful of companies such as PepsiCo, Kellogg and General Mills and a handful others.
Information about the food is an important factor
Another of the interesting facts about the food and beverages industry is that for Americans who eat outside, information about the food’s nutritional content is a major factor when it comes to eating outside. This is followed by how many options the restaurant offers for low calorie foods.
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