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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 revenue of China’s beverage sector continued to decline in the second quarter of 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales dropped by 12.3% y/y to RMB 50bn in Q2 2018. Baijiu sales volume plunged ...
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Argentina is one of the world's largest 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 has a key ...
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China’s food sector revenue in the first quarter of 2018 dropped by 13.6% y/y to RMB 498bn, mainly due to decreased prices of pork. Pork prices in Q1 2018 slid by 9.9% y/y, as a result of declining live pig prices. The total profit of the food ...
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China beverage sector’s revenue declined for the second straight quarter in Q1 2018, reflecting lower sales volumes of soft drinks and baijiu. Beverage retail sales in Q1 2018 fell by 9.6% y/y to RMB 48.3bn. Baijiu sale volumes slumped by 20.3% ...
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Colombia’s food and beverage sector is a major contributor to the country’s economy. The domestic GDP growth is highly dependent on household consumption. According to data from the Central Bank of Colombia, in 2017, 62.9% of ...
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The food and beverage industry is Brazil’s largest manufacturing sector, accounting for about a quarter of its value added and for 3% of the country’s GDP in 2017, according to ABIA, the Brazilian Association of Food Industries. ...
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China is the largest alcoholic beverage 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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In Q4 2017, the revenue of China’s food sector declined by 21.9% y/y to RMB 550.7bn mostly due to lower food prices. Food prices went down by 1.4% y/y in 2017, mainly because of sufficient supplies of pork and fresh vegetables. In 2017 pork ...
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Malaysia has a growing domestic F&B market, driven by a growing population and rising income. The market research company BMI Research estimated the Malaysian F&B market in 2017 – including food sales, alcoholic drinks spending and ...
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The manufacturing industry in the Philippines is the top contributor to the country’s economic growth, while the food and beverage (F&B) sector is among the largest contributors within the manufacturing industry. The F&B sector ...
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