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.
Food and beverage manufacturing and food service provided 6.0% and 2.5%, respectively, of the country’s GDP in 2015. These activities employ several million people in Thailand and account for significant portions of household expenditure. In ...
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The food and beverage industry is among the largest economic sectors in Mexico, accounting for 4.6% of the country's GDP, 2.8% of national exports, 8% of total FDI and 1.5% of formal employment in the country in 2015. Over the period 2010-2016, the ...
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Turkey is agriculturally self-sufficient with a climate suitable for farming and an export-oriented economy which represents a stable base for the development of the food processing and beverage industry. Food and beverage spending is the ...
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The food and beverage industry is the largest sector of Brazilian manufacturing, accounting for more than a quarter of its value added and about 3% of the country’s GDP in 2016, according to the Brazilian Association of Food Industries (ABIA). ...
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China is the largest alcoholic beverages 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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Production volume growth in China’s food and beverage sector generally slowed down in 2015, in comparison with the previous year. The most significant declines were registered in the production of sugar, beer, meat and candy. Positive growth ...
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The food sector is a strategic one for China’s economy, as it provides sustenance to almost 20% of the world’s population and provides the impetus for many other sectors, such as agriculture, transportation, machinery and vehicle ...
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The food and beverage sector of the Philippines accounted for 10% of GDP and for 50.1% of the nominal value added of manufacturing in 2015. Although the country is a large producer of coconut products and tropical fruits, the foreign trade gap in ...
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The food and beverage sector is one of the leading sectors in the manufacturing industry in Russia, generating a GVA of RUB 1.487tn in 2015. It accounted for 14.5% of the GVA in manufacturing, which amounted to RUB 10.2tn in 2015. The sector ...
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China is the largest alcoholic beverages 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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