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 growth of China’s healthcare sector continued in the last quarter of 2019, largely stimulated by the online healthcare segment expansion. The growth was attributed to increasing demand for quality healthcare, driven by the country’s ...View more details
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 significant alcoholic and non-alcoholic beverages producer. It ranks first among EU vodka producers, third ...View more details
The Indonesian food and beverage manufacturing sector is an important source of economic 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 ...View more details
In 2018 the food sector's GVA stood for 2.5% of Poland’s total GVA. Overall, the food sector 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 ...View more details
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 ...View more details
India is one of the global leaders in the food and beverage industry, with prominent positions in the production of dairy, meat products, refined sugar and spirits. The GVA of the food and beverage sector is consistently growing but challenges such ...View more details
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 tonnes. Likewise, the production ...View more details
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 15.1% y/y. In ...View more details
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 ...View more details
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 ...View more details