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Food and beverage production
The main objective of the Food & Beverage industry is to provide safe, high-quality and affordable nutrition to consumers worldwide. It plays an essential role in the global food chain by transforming raw agricultural commodities into end products that meet the needs of increasingly sophisticated consumers. The industry is a key contributor to society’s goals of ensuring food security and public health. It is also one of the biggest innovators, a stable source of employment and incomes, and a major driver of socio-economic development.
The Food & Beverage industry involves the processing and transformation of agricultural and liꦕvestock goods into products for intermediate or final consumption. The manufacture of meat and dairy products, flour and m🐼illing by-products, oils, sugar, chocolate, frozen food, animal feed, and alcoholic and non-alcoholic beverages, as well as tobacco products, are all part of this industry. The industry’s products are usually sold to wholesalers and retailers for distribution to consumers.
The beverages sector was responsible for around 1.4% of the GDP in 2018 and generated more than 300,000 direct and indirect jobs. Poland is a significan𓆉t alcoholic and non-alcoholic beverages producer. It ranks first among EU vodka producers, third ...
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The Indonesian food and beverage manufacturing sector is an important💖 source of econꦗomic growth and is seen by the government as a strategically important industry. It contributed 6.3% to the nominal GDP in 2018 and expanded faster than the overall ...
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In 2018 the food sector's GVA stood for 2.5% of Poland’s total GVA. Overall, the food sect🔥or GVA accounted for 2.2% of the country's GDP in 2018. Poland was the EU’s sixth biggest food producer in terms of output 🍌value as well as the ...
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China’s beverage sector reported a significant revenue growth in the fourth quarter of 2019, driven by increased sales of soft drinks, baijiu and beer. Beverage retail sales in Q4 2019 were up by 3.5% y/y to RMB 55.1bn. 🌳Baijiu sales in ...
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India is one of the global leaders in the food and beverage industry, with prominent positions in the production of dꦬairy, meat products, refined sugar and spirits. The GVA of the food and beverage sector is consistently growing but challenges such ...
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China’s beverage sector reported significant revenue growth in the third quarter of 2019, driven by increased sales of soft drinks. The sales of soft drinks in July-September 2019 surged by 27.2% y/y to 54.4mn tonn꧃es. Likewise, the production ...
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China food sector’s revenue grew by 16.2% y/y to RMB 472bn in the third quarter of 2019, as a result of the increase in sales and prices of some major foods. In the first nine months of 2019, the price of meat increased by 1🌱5.1% y/y. In ...
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Argentina is recognised worldwide as one of the major producers and exporters of food ✃and beverages, ranking among the ten biggest producers of vegetable oils, soybean by-products, pasta and wine on a global scale. The food 👍and beverage sector plays ...
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Physical retail in Thailand is still growing, in contrast to the situation in many developed countries,𝄹 which has triggered ruminations about 🍰a possible “retail apocalypse.” Thailand remains a growing, upper-middle income country, and ...
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The food and beverage industry is the largest manufacturing sector in Brazil, accounting for about a quarter of its value added and for 2.4% of the country’s GDP in 2018, according to the Brazilian Association o♊f Food Industries (ABIA). ...
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