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.
China produces one-third of the world’s meat, a quarter of the world’s fruit, and a quarter of the world’s beer. Additionally, it consumes half of the world’s vegetables and a third of the world’s baijiu. It is also ...View more details
The F&B sector is identified as a fast-growing industry in Malaysia, dominated by small and medium enterprises (SMEs). According to Food and Beverage Industry – Malaysia 2020 report by Flanders Investment and Trade, the F&B ...View more details
The beverage manufacturing sector in Poland was responsible for 1.4% of the country’s GDP in 2019 and generated 23,100 direct jobs. Poland is a significant alcoholic and non-alcoholic beverages producer. It ranks no. 1 in the EU and ...View more details
The food and beverage industry is one of the largest sectors in Colombia’s economy. Between 2015 and 2020, the sector’s gross value added (GVA) rose at a CAGR of 1.1% in real terms, boosted by growing domestic demand and rising ...View more details
The revenue of China’s beverage sector jumped by 29.1% y/y to RMB 409bn in Q1 2021, driven by increased sales. Beverage retail sales for the same period surged by 37.8% y/y to RMB 64.4bn. The sector’s total profit reached RMB 76 ...View more details
Thailand has a long-established reputation for being the “kitchen of the world”, with its food and beverage producers reaching consumers worldwide. Thailand is Asia’s second-largest net food exporter. The country ...View more details
The revenue of China’s food sector in Q1 2021 reached RMB 489.2bn, up by 23% y/y, driven by increased sales and prices of some major foods. The total profit of the food sector in January-March 2021 soared by 37.8% y/y ...View more details
Brazil’s food and beverage sector is of great importance to the country’s external trade, employment and GDP. According to the Brazilian Association of Food Industries (ABIA), the sector’s revenues accounted for 10.6% of ...View more details
Turkey has a well-developed food and beverages sector, serving a young and growing population of over 84mn. In addition to the large domestic market, the sector serves a large number of foreign tourists, rising by 14.2% y/y to 45 ...View more details