Secure shopping
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 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
The revenue of China’s beverage sector rose by 3.3% y/y to RMB 390.4bn in the fourth quarter of 2020, driven by increased sales of high-end baijiu and grape wine. Beverage retail sales in October-December 2020 surged by 19 ...
View more details
The revenue of China’s food sector in the fourth quarter of 2020 reached RMB 549bn, down by 4% y/y. The total profit of the food sector in October-December 2020 plummeted by 23.8% y/y to RMB 47.5bn. In Q4 2020, the production of ...
View more details
The GVA of the manufactured food products sector in Poland in 2019 stood at PLN 49.7bn and accounted for 2.5% of the country’s total GVA. The output value of the sector was PLN 247.2bn, which represented 10.9% of the economy’s ...
View more details
The Indonesian food and beverage (F&B) manufacturing sector contributed 6.4% to the country’s nominal GDP in 2019. The significance of the sector for Indonesia’s economy has been proven by the fact that F&B is one of ...
View more details