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.
According to the National Development and Reform Commission (NDRC), China is the world's largest producer of grain, meat, peanuts, vegetables, and fruits. In 2025, China's grain output reached a record high of 714.9mn tonnes, accounting for about one ...
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The food and beverage manufacturing sector is one of the main pillars of Mexico's economy, accounting for 23.9% of total manufacturing output and 4.9% of national GDP as of September 2025. The sector attracts significant foreign investment, with ...
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The Food & Beverage (F&B) industry, a provider of food security, has a strategic role to play in the Malaysian economy amid rising geopolitical risks, protectionist trade policies, and rising and evolving consumer needs. The F&B sector, which ...
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In H1 2025, Colombia's food and beverage manufacturing recovered from the low-growth phase that characterised most of 2023-2024. GVA expanded due to fewer restrictions on the supply side: availability and pricing of key agricultural inputs improved, ...
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According to the Brazilian Food Industry Association (ABIA), Brazil's food and beverage industry strengthened its role as a cornerstone of the national economy in 2024, processing 283mn tonnes of agricultural goods, representing 10.8% of GDP. The ...
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China is one of the largest food producers and consumers globally. It has been the world's biggest producer of grain and meat since 2012, according to the National Bureau of Statistics (NBS). In 2024, China's grain output reached a record high of 706 ...
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China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2024, China's production of baijiu and beer reached 4.1bn litres and 35.2bn ...
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The food and beverage (F&B) industry in Vietnam is based on a solid agricultural foundation, as the country is a top 20 food exporter and one of the world's largest food producers. The Ministry of Industry and Trade (MOIT) has projected that annual ...
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The Food & Beverage (F&B) industry in ASEAN (focused on five key markets including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) is undergoing rapid transformation, driven by evolving consumer preferences, intensifying competition, and ...
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The food & beverage sector plays an important role in the Philippine economy, accounting for 9.2% of GDP in 2024. The country holds leading positions in the global production of rice, pork, coconuts and bananas in 2024, complemented with a strong ...
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