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 livestock goods into products for intermediate or final consumption. The manufacture of meat and dairy products, flour and milling 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 food and beverage sector does not take a significant share in Russia’s economy, generating just 1.9% of the country’s gross domestic product (GDP) and employing 1.7% of the total workforce in 2016. The sector’s gross value added ...
View more detailsThe manufacture of food, beverage and tobacco products in Romania accounted for 5.18% of the whole economy and 23.54% of the manufacturing sector in terms of gross value added in 2015. The market output of food and beverages reached RON 51.96bn in ...
View more detailsHungary’s food and beverage industry accounted for 4.6% of the total gross output and for 2.2% of the gross value added of the economy in 2016. The industry is a significant part of the manufacturing sector, accounting for 11.5% of its gross ...
View more detailsThe growth in China’s beverage sector remained stable in Q2 2017, driven by the growing sales of baijiu, beer and juice. The production of baijiu increased by 7.2% y/y to 3.5bn litres and the volume of sales rose by 7.6% y/y to 3.3bn ...
View more detailsThe food sector is strategic for China’s economy as it provides sustenance to almost 20% of the world’s population and serves as an impetus for many other sectors like agriculture, transportation, machinery and vehicle manufacturing, and ...
View more detailsFood manufacturing is one of the key branches of the Polish economy as food output accounted for 11% of the country’s GDP in 2016. Poland has traditionally been a farming country but it has recently started to shift its focus on healthier and ...
View more detailsWith a population of some 258.7 million, Indonesia is the world’s fourth-most populous country and the largest economy in the ASEAN region. The food and beverage sector employs over 4.5 million people and is the largest in the manufacturing ...
View more detailsThe beverages industry is among the most important sectors of the Polish economy, according to our estimates, responsible for around 3% of GDP and a major provider of jobs. The alcoholic beverages Subsector alone generates more than 300,000 jobs. ...
View more detailsThe food sector is strategic for China’s economy as it provides sustenance to almost 20% of the world’s population and serves as an impetus for many other sectors like agriculture, transportation, machinery and vehicle manufacturing, and ...
View more detailsFood and beverages accounted for over 22% of the consumption expenditure of Czech households in 2015. The food and beverages sector’s gross value added (GVA) amounted to CZK 83.4bn in 2015, accounting for 2% of the economy’s total GVA and ...
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