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.
Russia’s food and beverage sector has a minor share in this oil-dependent economy, generating just 1.7% of the GDP in 2018. The sector employed 840,000 people, equal to 2.5% of the country’s workforce and earned 5.5% of the export revenue ...
View more detailsThe revenue of China’s food sector registered a slight increase of 1.9% y/y to RMB 461.4bn in the last quarter of 2018. The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly due to an 8.1% decline in pork prices. The total profit of ...
View more detailsChina produces one-third of the world’s meat, a quarter of the its fruit and one-fourth of its beer. It accounts for one half of global consumption of vegetables and a third of the baijiu consumed in the world. It is also the world’s ...
View more detailsThe revenue of China’s beverage sector continued to decline in 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in Q4 2018 were down by 1.6% y/y to RMB 53.2bn, and in the full 2018 they fell by 10.3% y/y to ...
View more detailsThe world’s fourth-most populous nation and the largest economy in the ASEAN region, Indonesia offers strong growth opportunities for investors in the food and beverage sector. The sector, which generated 6.1% of the country’s GDP in 2017 ...
View more detailsIndia 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 gross value added (GVA) of the food and beverage sector expanded at a CAGR of 4 ...
View more detailsChina’s beverage sector revenue continued to decline in the third quarter of 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in July-September 2018 dropped by 16.5% y/y to RMB 52.5bn. Baijiu sales in ...
View more detailsChina food sector’s revenue in the third quarter of 2018 slumped by 27.5% y/y to RMB 406.1bn, mainly due to declined prices of meat and refined edible vegetable oil. Meat prices in the first nine months of 2018 slipped by 5.3% y/y because of a ...
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