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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 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 sector is a strategic one for China’s economy, as it provides sustenance to almost 20% of the world’s population and provides the impetus for many other sectors, such as agriculture, transportation, machinery and vehicle ...
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The food and beverage sector of the Philippines accounted for 10% of GDP and for 50.1% of the nominal value added of manufacturing in 2015. Although the country is a large producer of coconut products and tropical fruits, the foreign trade gap in ...
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The food and beverage sector is one of the leading sectors in the manufacturing industry in Russia, generating a GVA of RUB 1.487tn in 2015. It accounted for 14.5% of the GVA in manufacturing, which amounted to RUB 10.2tn in 2015. The sector ...
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China is the largest alcoholic beverages producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer production ranked first in the world for 14 consecutive years and the ...
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The value added of Colombia’s food and beverage sector expanded at a CAGR of 2.5% over the period 2010-2015, supported mainly by rising household income and the expanding product portfolio of local producers. The sector was among the major ...
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Food and beverage manufacturing is the largest manufacturing sector in Romania in terms of value added. It accounts for 5%of the GDP of the country. In 2014 the domestic market for food and beverages contracted by 3.7% y/y in line with a GDP slowdown ...
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Food manufacturing is one of the most important sectors of China’s economy, as it provides sustenance to almost 20% of the world’s population. The industry also provides an impetus for the development of related sectors such as ...
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With a population of some 257 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 and is the largest in the manufacturing industry. ...
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The Malaysian food and beverage (F&B) industry is a fast-growing industry characterized by a large export market. Malaysia’s most significant F&B exports are in the oils and fats category, particularly palm oil-based products, for which ...
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